Common use of Privileges of Stock Ownership Clause in Contracts

Privileges of Stock Ownership. Optionee shall have no rights as a shareholder with respect to the Bancorp’s stock subject to this option until the date of issuance of stock certificates to Optionee. Except as provided in the Plan, no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificates are issued.

Privileges of Stock Ownership. Optionee shall not have no any of the rights as of a shareholder stockholder with respect to the Bancorp’s stock subject to this option any Shares until the date of issuance of stock certificates Shares are issued to Optionee. Except as provided in the Plan, no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificates are issued.

Privileges of Stock Ownership. Optionee shall have no rights as a shareholder with respect to the Bancorp’s Bank's stock subject to this option until the date of issuance of stock certificates to Optionee. Except as provided in the Plan, no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificates are issued.

Privileges of Stock Ownership. Optionee shall have no rights as a shareholder with respect to the Bancorp’s stock Common Stock subject to this option until the date of issuance of stock certificates to Optionee. Except as provided in the Plan, no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificates are issued.

Privileges of Stock Ownership. Optionee shall have no rights as a shareholder stockholder with respect to the Bancorp’s Bank's stock subject to this option until the date of issuance of stock certificates to Optionee. Except as provided in the Plan, no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificates are issued.

Privileges of Stock Ownership. Optionee shall have no rights as a shareholder with respect to the Bancorp’s Company's stock subject to this option until the date of issuance of stock certificates to Optionee. Except as provided in the Plan, no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificates are issued.

Privileges of Stock Ownership. Optionee shall have no rights as a shareholder stockholder with respect to the Bancorp’s stock subject to this option Common Stock until the date of issuance of stock certificates to Optionee. Except as provided in the Plan, no No adjustment will be made for dividends or other rights for which the record date is prior to the date such the stock certificates are issued.

Privileges of Stock Ownership. Optionee shall have no rights as a shareholder stockholder with respect to the Bancorp’s stock subject Option Shares unless and until said Option Shares are issued to this option until Optionee as provided in the date of issuance of stock certificates to OptioneePlan. Except as provided in Section 15 of the Plan, no adjustment will be made for dividends or other rights for in respect of which the record date is prior to the date such stock certificates are issued.

Privileges of Stock Ownership. Optionee shall have no rights as a shareholder with respect to the Bancorp’s 's stock subject to this option until the date of issuance of stock certificates to Optionee. Except as provided in the Plan, no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificates are issued.

Privileges of Stock Ownership. Optionee shall have no rights as a shareholder with respect to the BancorpCompany’s stock subject to this option until the date of issuance of stock certificates to Optionee. Except as provided in the Plan, no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificates are issued.

Privileges of Stock Ownership. Optionee shall have no rights as a shareholder stockholder with respect to the Bancorp’s stock subject Option Shares unless and until said Option Shares are issued to this option until Optionee as provided in the date of issuance of stock certificates to OptioneePlan. Except as provided in the Plan, no adjustment will be made for dividends or other rights for in respect of which the record date is prior to the date such stock certificates are issued.

Privileges of Stock Ownership. Optionee shall have no rights as a shareholder stockholder with respect to the Bancorp’s stock Common Shares subject to this option the Option until the date of issuance of stock certificates to Optionee. Except as provided in Section 9 of the Plan, no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificates are issued.

Privileges of Stock Ownership. Optionee shall have no rights as a shareholder stockholder with respect to the Bancorp’s Bank's stock subject to this option Option until the date of issuance of stock certificates to Optionee. Except as provided in Section 13 of the Plan, no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificates are issued.

Privileges of Stock Ownership. The Optionee shall have no rights as a shareholder stockholder with respect to the BancorpCompany’s stock subject to this option Option until the date of issuance to the Optionee of stock certificates to Optioneerepresenting such shares. Except as provided in Section 15 of the Plan, no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificates are issued.

Privileges of Stock Ownership. Optionee shall have no rights as a shareholder with respect to the Bancorp’s Corporation's stock subject to this option until the date of issuance of stock certificates to Optionee. Except as provided in the Plan, no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificates are issued.

Privileges of Stock Ownership. Optionee shall have no rights as a shareholder stockholder with respect to the Bancorp’s stock Common Stock subject to this option Agreement until the date of issuance of stock certificates to Optionee. Except as provided in Section 13 of the Plan, no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificates are issued.

Privileges of Stock Ownership. Except as otherwise expressly authorized by the Administrator or this Agreement, the Optionee shall have no rights as a shareholder with respect not be entitled to the Bancorp’s stock subject to this option until the date of issuance any privilege of stock certificates ownership as to any shares of Stock not actually delivered to and held of record by the Optionee. Except as provided in the Plan, no No adjustment will be made for dividends or other rights as a stockholder for which the a record date is prior to such date of delivery of the date such stock certificates are issuedStock.

Privileges of Stock Ownership. Optionee shall have no rights as a shareholder with respect to the BancorpHolding Company’s stock subject to this option until the date of issuance of stock certificates to Optionee. Except as provided in the Plan, no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificates are issued.

Privileges of Stock Ownership. Optionee shall have no rights as a shareholder stockholder with respect to the Bancorp’s Company's stock subject to this option until the date of issuance of stock certificates to Optionee. Except as provided in the Plan, no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificates are issued.

Privileges of Stock Ownership. Optionee shall not have no any of the rights as of a shareholder with respect to the Bancorp’s stock any Shares subject to this option Option until the date of issuance of stock certificates to Optioneethis Option is properly exercised. Except as provided in the Plan, no No adjustment will shall be made for dividends or distributions or other rights for which the record date is prior to the date such stock certificates are issueddate, except as provided below.

Privileges of Stock Ownership. Except as otherwise expressly authorized by the Board, the Optionee shall have no rights as a shareholder with respect not be entitled to the Bancorp’s stock subject to this option until the date of issuance any privilege of stock certificates ownership as to Optioneeany Shares not actually delivered to and held of record by him. Except as provided in the Plan, no No adjustment will be made for dividends or other rights as a shareholder for which the a record date is prior to the such date such stock certificates are issuedof delivery.

Privileges of Stock Ownership. Optionee shall have no rights as a shareholder stockholder with respect to the Bancorp’s stock subject to this option Shares until the date of issuance of stock certificates for such Shares to Optionee. Except as provided in the PlanParagraph 10 hereof, no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificates are issued.

Privileges of Stock Ownership. Optionee shall have no rights as a shareholder stockholder with respect to the Bancorp’s stock subject to this option Option Shares unless and until the date of issuance of stock certificates said Option Shares are issued to Optionee. Except as provided in the Planherein, no adjustment will be made for dividends or other rights for in respect of which the record date is prior to the date such stock certificates are issued.

Privileges of Stock Ownership. Optionee shall have no rights as a shareholder stockholder with respect to the Bancorp’s stock subject Option Shares unless and until said Option Shares are issued to this option until the date of issuance of stock certificates to OptioneeOptionee as provided in the Plan. Except as provided in Section 7(c) of the Plan, no adjustment will be made for dividends or other rights for in respect of which the record date is prior to the date such stock certificates are issued.