Common use of Privilege of Stock Ownership Clause in Contracts

Privilege of Stock Ownership. You will not have any rights of a shareholder with respect to the Shares until you have exercised the option, paid the Exercise Price and been issued a stock certificate for the purchased shares.

Privilege of Stock Ownership. You The holder of this option will not have any rights of a shareholder with respect to the Optioned Shares until you have such individual has exercised the option, paid the Exercise Price and been issued a stock certificate for the purchased shares.

Privilege of Stock Ownership. You will shall not have any of the rights of a shareholder Shareholder with respect to the Option Shares until you You have exercised the option, Option and paid the Exercise Price and been issued a stock certificate for the purchased sharesAmount.