Common use of Privilege of Stock Ownership Clause in Contracts

Privilege of Stock Ownership. Prior to the exercise of this Option, the Holder shall not be entitled, by virtue of holding this Option, to any rights of a stockholder of the Company.

Appears in 4 contracts

Samples: First Scientific Inc, First Scientific Inc, First Scientific Inc

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Privilege of Stock Ownership. Prior to the exercise The holder of this Option, the Holder Option shall not be entitled, by virtue have any of holding this Option, to any the rights of a stockholder of with respect to the CompanyOptioned Stock until such individual shall have exercised the Option and paid the exercise price for the Optioned Stock so purchased.

Appears in 3 contracts

Samples: Stock Option Agreement (Tenax Therapeutics, Inc.), Executive Employment Agreement (Oxygen Biotherapeutics, Inc.), Executive Employment Agreement (Oxygen Biotherapeutics, Inc.)

Privilege of Stock Ownership. Prior to the exercise The holder of this Option, the Holder option shall not be entitled, by virtue have any of holding this Option, to any the rights of a stockholder of with respect to the CompanyOptioned Shares until such individual shall have exercised the option and paid the Option Price.

Appears in 3 contracts

Samples: Idec Pharmaceuticals Corp / De, Stock Option Agreement (Laser Power Corp/Fa), Agreement (Laser Power Corp/Fa)

Privilege of Stock Ownership. Prior to the exercise of this OptionWarrant, the Holder shall not be entitled, by virtue of holding this OptionWarrant, to any rights of a stockholder of the Company.

Appears in 2 contracts

Samples: Britesmile Inc, Peters Bradford G

Privilege of Stock Ownership. Prior to the exercise The holder of this Option, the Holder option shall not be entitled, by virtue have any of holding this Option, to any the rights of a stockholder of with respect to the CompanyShares Granted until such individual shall have exercised the option and paid the Option Price for the purchased shares.

Appears in 2 contracts

Samples: Grant Agreement (Ultratech Inc), Employment Agreement (Ultratech Inc)

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Privilege of Stock Ownership. Prior to the exercise The holder of this Option, the Holder option shall not be entitled, by virtue have any of holding this Option, to any the rights of a stockholder shareholder with respect to the Optioned Shares until such individual shall have exercised the option, paid the Option Price for the purchased shares and satisfied all other applicable conditions precedent to the issuance of the Companycertificates for such shares.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (Giga Tronics Inc), Nonstatutory Stock Option Agreement (Giga Tronics Inc)

Privilege of Stock Ownership. Prior to the exercise of this Option, the Holder shall not be entitled, by virtue of holding hold ing this Option, to any rights of a stockholder of the Company.

Appears in 1 contract

Samples: First Scientific Inc

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