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 stockholder with respect to the Option Shares until such individual shall have exercised the option, paid the Exercise Price for the purchased shares and become the holder of record of those shares.

Privilege of Stock Ownership. The holder of this option Optionee and its successors shall not ---------------------------- have any of the rights of a stockholder with respect to the Option Shares until such individual shall have the option has been exercised the option, paid and the Exercise Price for the purchased shares and become the holder of record of those sharesOption Shares paid.

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

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

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

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

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

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