Rights and Obligations as a Stockholder. Until the stock certificate evidencing such Shares is issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a stockholder shall exist with respect to Shares subject to the Option, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such stock certificate promptly after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued. Participant shall enjoy rights as a stockholder until such time as Participant disposes of the Shares or the Company and/or its assignee(s) exercises the Right of First Refusal hereunder. Upon such exercise, Participant shall have no further rights as a holder of the Shares so purchased except the right to receive payment for the Shares so purchased in accordance with the provisions of this Agreement, and Participant shall forthwith cause the certificate(s) evidencing the Shares so purchased to be surrendered to the Company for transfer or cancellation.
Rights and Obligations as a Stockholder. The Company will evidence by book entry Participant’s ownership of the Shares. Participant shall enjoy rights as a stockholder until such time as Participant disposes of the Shares or the Company and/or its assignee(s) exercises the Right of First Refusal or Call Rights hereunder. Upon such exercise, Participant shall have no further rights as a holder of the Shares so purchased except the right to receive payment for the Shares so purchased in accordance with the provisions of this Restricted Stock Agreement, and Participant shall forthwith take all action necessary to surrender to the Company for transfer or cancellation the Shares so purchased or cancelled. This Agreement shall not affect in any way the ownership, voting rights or other rights or duties of Participant, except as specifically provided herein.
Rights and Obligations as a Stockholder. The Participant shall have all rights of a “Stockholder” (as defined in the Stockholders’ Agreement) with respect to the Restricted Shares as provided in the Stockholders’ Agreement. By executing this Agreement, Participant, without further action on his or her part, agrees to be deemed a party to, a signatory of and bound by the Stockholders’ Agreement, and the Restricted Shares shall be subject to such rights and restrictions as contained therein. Participant shall enjoy rights as a Stockholder and shall be subject to all of the limitations, restrictions and obligations contained in the Stockholders’ Agreement as a Stockholder, until such time as Participant is no longer the holder of the Shares or the Company and/or its assignee(s) exercises the Right of First Refusal or the Call Right provided in this Agreement or otherwise in the Stockholders’ Agreement. Upon such exercise, Participant shall have no further rights as a holder of the Shares so purchased except the right to receive payment for the Shares so purchased in accordance with the provisions of this Agreement and the Stockholders’ Agreement. This Agreement shall not affect in any way the ownership, voting rights or other rights or duties of Participant, except as specifically provided herein.
