Common use of Privilege of Stock Ownership Clause in Contracts

Privilege of Stock Ownership. The holder of this option shall not have any of the rights of a shareholder with respect to the Option Shares until such individual shall have exercised the option and paid the Option Price.

Appears in 21 contracts

Samples: Restricted Stock Award Agreement (xG TECHNOLOGY, INC.), Restricted Stock Award Agreement (NXT-Id, Inc.), Restricted Stock Award Agreement (NXT-Id, Inc.)

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Privilege of Stock Ownership. The holder of this option shall not will have any none of the rights of a shareholder stockholder with respect to the Option Shares until such individual shall have has exercised the option and paid has been issued a stock certificate for the Option PriceShares.

Appears in 8 contracts

Samples: Non Employee Director (Cephalon Inc), Non Employee Director (Cephalon Inc), Grant Agreement (Cephalon Inc)

Privilege of Stock Ownership. The holder of this option Optionee shall not have any of the stockholder rights of a shareholder with respect to the Option Shares until such individual shall have exercised the option and option, paid the Option PricePrice for the purchased shares and been issued a stock certificate for such shares.

Appears in 4 contracts

Samples: Automatic Option Grant (Matrix Pharmaceutical Inc/De), Non Statutory Stock Option Agreement (Oncor Inc), Non Statutory Stock Option Agreement (Oncor Inc)

Privilege of Stock Ownership. The As holder of this option option, You shall not have any of the rights of a shareholder with respect to the Option Optioned Shares until such individual shall You have exercised the option and paid the Option Price.

Appears in 4 contracts

Samples: Stock Option Agreement (Intrav Inc), Agreement (Enterbank Holdings Inc), Stock Option Agreement (Huntco Inc)

Privilege of Stock Ownership. The holder of this option Option shall not have any of the rights of a shareholder stockholder with respect to the Option Shares until such individual shall have exercised the option this Option and paid the Option Price.

Appears in 3 contracts

Samples: Non Employee Director Stock Option Agreement (Geron Corp), Stock Option Agreement (Geron Corp), Director Stock Option Agreement (Geron Corp)

Privilege of Stock Ownership. The holder of this option shall not the Option will have any none of the rights of a shareholder with respect to the Option Shares until such individual shall have has exercised the option Option and paid has been issued a stock certificate for the Option PriceShares.

Appears in 3 contracts

Samples: Stock Option Agreement (Intelidata Technologies Corp), Stock Option Agreement (Intelidata Technologies Corp), Employment Agreement (Intelidata Technologies Corp)

Privilege of Stock Ownership. The holder of this option Option shall not have any of the rights of a shareholder with respect to the Option Shares until such individual shall have exercised the option Option and paid the Option Price.

Appears in 3 contracts

Samples: Composite Solutions Inc, Planet Polymer Technologies Inc, La Jolla Diagnostics Inc

Privilege of Stock Ownership. The holder of this option shall not have any of the rights of a shareholder with respect to the Option Shares until such individual shall have exercised the option and paid the Option PricePrice for the purchased Option Shares.

Appears in 3 contracts

Samples: Stock Option Agreement (Insurance Auto Auctions Inc /Ca), Stock Option Agreement (Quickresponse Services Inc), Insurance Auto Auctions Inc /Ca

Privilege of Stock Ownership. The holder of this option shall not have any of the rights of a shareholder stockholder with respect to the Option Shares until such individual shall have exercised the option and paid the Exercise Price for the purchased Option PriceShares.

Appears in 3 contracts

Samples: Agreement and Plan of Merger and Reorganization (Gene Logic Inc), Stock Option Agreement (Quickresponse Services Inc), Sunstone Hotel Investors Inc

Privilege of Stock Ownership. The holder of this option shall not have any of the rights of a shareholder with respect to the Option Optioned Shares until such individual shall have exercised the option and paid the Option Price.

Appears in 2 contracts

Samples: Stock Option Agreement (Digirad Corp), Corporation Stock Option Agreement (HNC Software Inc/De)

Privilege of Stock Ownership. The holder of this option Option shall not have any of the rights of a shareholder stockholder with respect to the Option Shares until such individual shall have exercised the option and Option, paid the Option PricePrice for the purchased shares and been issued such shares.

Appears in 2 contracts

Samples: Stock Option Agreement (Encad Inc), Statuatory Stock Option Agreement (Encad Inc)

Privilege of Stock Ownership. The holder of this option shall not ---------------------------- have any of the rights of a shareholder with respect to the Option Shares until such individual shall have exercised the option and paid the Exercise Price for the purchased Option PriceShares.

Appears in 2 contracts

Samples: Stock Option Agreement (Microelectronic Packaging Inc /Ca/), Stock Option Agreement (Meltronix Inc)

Privilege of Stock Ownership. The holder of this option shall not the Option will have any none of the rights of a shareholder with respect to the Option option Shares until such individual shall have has exercised the option and paid has been issued a stock certificate for the Option PriceShares.

Appears in 2 contracts

Samples: Stock Option Agreement (World Air Holdings, Inc.), Director Stock Option Agreement (World Air Holdings, Inc.)

Privilege of Stock Ownership. The holder of this option shall not have any ---------------------------- of the rights of a shareholder with respect to the Option Optioned Shares until such individual shall have exercised the option and paid the Option Price.

Appears in 2 contracts

Samples: Personal Computer (Personal Computer Products Inc), Personal Computer (Personal Computer Products Inc)

Privilege of Stock Ownership. The holder of this option Option shall not have any of the rights of a shareholder stockholder with respect to the Option Optioned Shares until such individual shall have exercised the option Option, and paid the Option PricePrice in accordance with this Agreement.

Appears in 2 contracts

Samples: Jeanty Roger O, Jeanty Roger O

Privilege of Stock Ownership. The holder of this option shall not have any of the rights of a shareholder stockholder with respect to the Option Shares until such individual shall have exercised the option and paid the Option PricePrice for the purchased shares.

Appears in 2 contracts

Samples: Grant Agreement (Ultratech Inc), Agreement (Shaman Pharmaceuticals Inc)

Privilege of Stock Ownership. The holder of this option shall not have any of the rights of a shareholder with respect to the Option Optioned Shares until such individual shall have exercised the option and paid the Option Priceoption price in accordance with this Agreement.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Dynamic Associates Inc), Non Statutory Stock Option Agreement (Dynamic Associates Inc)

Privilege of Stock Ownership. The holder of this option shall not the Option will have any ---------------------------- none of the rights of a shareholder with respect to the Option option Shares until such individual shall have has exercised the option and paid has been issued a stock certificate for the Option PriceShares.

Appears in 1 contract

Samples: Stock Option Agreement (World Airways Inc /De/)

Privilege of Stock Ownership. The holder of this option Option shall not have any of the rights of a shareholder with respect to the Option Optioned Shares until such individual shall have exercised the option Option and paid the Option PriceExercise Price in accordance with this Agreement.

Appears in 1 contract

Samples: Consulting Agreement (American Technologies Group Inc)

Privilege of Stock Ownership. The holder of this option shall not have any of the shareholder rights of a shareholder with respect to the Option Optioned Shares until such individual shall have exercised the option and paid the Option Price.

Appears in 1 contract

Samples: Biocryst Pharmaceuticals Inc

Privilege of Stock Ownership. The holder of this option shall ---------------------------- not have any of the rights of a shareholder with respect to the Option Optioned Shares until such individual shall have exercised the option and paid the Option Price.

Appears in 1 contract

Samples: Stock Option Agreement (Telik Inc)

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Privilege of Stock Ownership. The holder of this option shall not ---------------------------- have any of the rights of a shareholder with respect to the Option Shares until such individual shall have exercised the option and paid the Option Price.

Appears in 1 contract

Samples: Stock Option Agreement (Corsair Communications Inc)

Privilege of Stock Ownership. The holder of this option shall not have any of the rights of a shareholder stockholder with respect to the Option Shares until such individual shall have exercised the option and option, paid the Option PricePrice for the purchased shares and become the holder of record of those shares.

Appears in 1 contract

Samples: Ultratech Stepper Inc

Privilege of Stock Ownership. The holder of this option shall ---------------------------- not have any of the rights of a shareholder with respect to the Option Shares until such individual shall have exercised the option and paid the Option Price.

Appears in 1 contract

Samples: Option Agreement (Corsair Communications Inc)

Privilege of Stock Ownership. The holder of this option Option shall not have any of the rights of a shareholder with respect to the Option Optioned Shares until such individual shall have exercised the option and paid the Option Priceoption price in accordance with this Agreement.

Appears in 1 contract

Samples: Stock Option Agreement (American Technologies Group Inc)

Privilege of Stock Ownership. The holder of this option Optionee shall not have any of the stockholder rights of a shareholder with respect to the Option Shares until such individual shall have exercised the option Option and paid the Option PricePrice for the purchased shares.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Endosonics Corp)

Privilege of Stock Ownership. The holder of this option shall not have any of the stockholder rights of a shareholder with respect to the Option Optioned Shares until such individual shall have exercised the option in accordance with the provisions of Paragraph 9 and paid the Option Price.satisfied all other

Appears in 1 contract

Samples: Stock Option Agreement (Corvel Corp)

Privilege of Stock Ownership. The holder of this option shall not ---------------------------- have any of the stockholder rights of a shareholder with respect to the Option Shares until such individual shall have exercised the option and paid the Option Exercise Price.

Appears in 1 contract

Samples: Stock Option Agreement (Cuc International Inc /De/)

Privilege of Stock Ownership. The holder of this option the Option shall not have any of the stockholder rights of a shareholder with respect to the Option Shares until such individual shall have exercised the option Option and paid the Option Exercise Price.

Appears in 1 contract

Samples: Corporation Stock Option Agreement (New Ico Global Communications Holdings LTD)

Privilege of Stock Ownership. The holder of this option Optionee shall not have any of the stockholder rights of a shareholder with respect to the Option Shares until such individual shall have exercised the option and paid the Option PricePrice for the purchased shares.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Endosonics Corp)

Privilege of Stock Ownership. The holder of this option Option shall not have any of the rights of a shareholder with respect to the Option Shares until such individual shall have exercised the option and paid the Option Price.

Appears in 1 contract

Samples: Stock Option Agreement (CHINA MOBILITY SOLUTIONS, INC. (Formerly Xin Net Corp.))

Privilege of Stock Ownership. The holder of this option Option shall not have any of the rights of a shareholder stockholder with respect to the Option Shares until such individual shall have exercised the option and paid the Option Price.

Appears in 1 contract

Samples: Stock Option Agreement (Geron Corp)

Privilege of Stock Ownership. The holder of this option shall not have any of the rights of a shareholder stockholder with respect to the Option Shares until such individual shall have exercised the this option and paid the Option PriceExercise Price for the purchased shares.

Appears in 1 contract

Samples: Sunstone Hotel Investors Inc

Privilege of Stock Ownership. The holder of this option Option shall not ---------------------------- have any of the rights of a shareholder with respect to the Option Shares until such individual shall have exercised the option and paid the Option Price.

Appears in 1 contract

Samples: Stock Option Agreement (Geocities)

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