Common use of Rights as a Shareholder Clause in Contracts

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 68 contracts

Samples: Non Statutory Stock Option Agreement (Felicitex Therapeutics Inc.), Option Offering Agreement (iKang Healthcare Group, Inc.), Incentive Stock Option Agreement (Shiwana, Inc.)

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Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares Shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until a certificate or certificates representing such shares is Shares are duly issued and delivered to the Optionee. No Except as otherwise expressly provided in the Plan, no adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 33 contracts

Samples: Stock Option Agreement (Green Mountain Coffee Inc), Stock Option Agreement (Green Mountain Coffee Inc), Stock Option Agreement (Green Mountain Coffee Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends Common Stock until the date the Optionee becomes the holder or non-cash distributions with respect to such record of those shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to occurs before the date such stock certificate is issuedthe Optionee becomes the holder of record.

Appears in 27 contracts

Samples: Stock Option Award Agreement (SunOpta Inc.), Stock Option Award Agreement (SunOpta Inc.), Incentive Stock Option Agreement (SunOpta Inc.)

Rights as a Shareholder. The Optionee shall have no rights as a ----------------------- shareholder with respect to any shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 16 contracts

Samples: Incentive Stock Option Agreement (Switchboard Inc), Incentive Stock Option Agreement (Switchboard Inc), Non Qualified Stock Option Agreement (Banyan Systems Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which of Common Stock that may be purchased by upon exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) Option unless and until a certificate or certificates representing such shares is are duly issued and delivered to the Optionee. No Except as otherwise expressly provided in the Plan, no adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 12 contracts

Samples: Stock Option Agreement (Avalonbay Communities Inc), Stock Option Agreement (Avalonbay Communities Inc), Non Qualified Stock Option Agreement (Avalonbay Communities Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until a certificate representing such shares shares, or electronic equivalent, is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate or electronic equivalent is issued.

Appears in 9 contracts

Samples: Employee Stock Option Agreement (Idexx Laboratories Inc /De), Director Stock Option Agreement (Idexx Laboratories Inc /De), Employee Stock Option Agreement (Idexx Laboratories Inc /De)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares Shares which may be purchased by exercise of this option Option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such sharesShares) unless and until a certificate representing such shares Shares, or electronic equivalent, is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate or electronic equivalent is issued.

Appears in 7 contracts

Samples: Stock Option Agreement (Idexx Laboratories Inc /De), Employee Stock Option Agreement (Idexx Laboratories Inc /De), Director Stock Option Agreement (Idexx Laboratories Inc /De)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares Option Shares which may be purchased by exercise of this option Option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such sharesOption Shares) unless and until a certificate representing such shares Option Shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 7 contracts

Samples: Non Qualified Stock Option Agreement (Eurosport Active World Corp), Stock Option Agreement (Ominto, Inc.), Non Qualified Stock Option Agreement (Medianet Group Technologies Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which may be purchased covered by exercise the Option until the date of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until the issuance of a certificate representing such for the shares is for which the Option has been exercised (as evidenced by the appropriate entry on the books of the Company or of a duly issued and delivered to authorized transfer agent of the OptioneeCompany). No adjustment shall be made for dividends dividends, distributions or other rights for which the record date is prior to the date such stock certificate is issued, except as provided in Section 9.

Appears in 5 contracts

Samples: Nonstatutory Stock Option Agreement (Power Integrations Inc), Nonstatutory Stock Option Agreement (Power Integrations Inc), Nonstatutory Stock Option Agreement (Adobe Systems Inc)

Rights as a Shareholder. The Optionee shall have no No rights as of a shareholder of the Company shall attach to Optionee with respect to any shares which may of the Shares until this Option shall be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect duly exercised as to such shares) unless Shares and until a certificate representing Optionee shall have become the holder of record of such shares is duly issued and delivered to the OptioneeShares. No adjustment adjustments shall be made for cash dividends or other distributions or rights for as to which the there is a record date is prior to preceding the date that Optionee becomes the holder of record of such stock certificate is issuedShares.

Appears in 5 contracts

Samples: Non Qualified Stock Option Agreement (Metris Companies Inc), Non Qualified Stock Option Agreement (Fingerhut Companies Inc), Non Qualified Stock Option Agreement (Metris Companies Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares of Stock which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) Option unless and until a certificate or certificates representing such shares is are duly issued and delivered to the Optionee. No Except as otherwise expressly provided in the Plan, no adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 5 contracts

Samples: Employment Agreement (Strategic Diagnostics Inc/De/), Employment Agreement (Strategic Diagnostics Inc/De/), Chairman Agreement (Ensys Environmental Products Inc /De/)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which may be purchased covered by exercise the Option until the date of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until the issuance of a certificate representing such or certificates for the shares is duly issued and delivered to for which the OptioneeOption has been exercised. No adjustment shall be made for dividends or distributions or other rights for which the record date is prior to the date such stock certificate is or certificates are issued, except as provided in paragraph 10 above.

Appears in 5 contracts

Samples: Nonqualified Stock Option Agreement (Demegen Inc), Nonqualified Stock Option Agreement (Demegen Inc), Nonqualified Stock Option Agreement (Demegen Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (Capricor Therapeutics, Inc.), Non Qualified Stock Option Agreement (Capricor Therapeutics, Inc.), Employment Agreement (MetaMorphix Inc.)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares of Common Stock which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) Option unless and until a certificate or certificates representing such shares is are duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 4 contracts

Samples: Consulting Agreement (Designs Inc), Consulting Agreement (Designs Inc), Consulting Agreement (Designs Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which may be purchased by exercise of this option (including, without limitation, any rights to vote or to receive dividends or non-cash other distributions with respect to such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Network Appliance Inc), Non Qualified Stock Option Agreement (Constant Contact, Inc.), Non Qualified Stock Option Agreement (Constant Contact, Inc.)

Rights as a Shareholder. The Optionee shall not have no any rights as a shareholder with respect to any shares which may be purchased Option Shares until the Optionee purchases Option Shares in accordance with this Agreement. Except as expressly provided by exercise of this option (includingthe Plan, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No no adjustment shall be made for dividends or other rights for which the record date is prior to the date issuance of Purchased Option Shares and the delivery of any certificate or certificates for such stock certificate is issuedshares or completion of such other required issuance, transfer and depository procedures.

Appears in 4 contracts

Samples: Director Share Option Award Agreement (Warner Chilcott PLC), Share Option Award Agreement (Warner Chilcott PLC), Director Share Option Award Agreement (Warner Chilcott PLC)

Rights as a Shareholder. The Optionee shall have no rights as a ------------------------ shareholder with respect to any shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 4 contracts

Samples: Non Statutory Stock Option Agreement (Epresence Inc), Non Statutory Stock Option Agreement (Epresence Inc), Non Qualified Stock Option Agreement (Banyan Systems Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless until the date the Optionee has exercised this option and until a certificate representing delivered payment of the purchase price for such shares is duly issued and delivered to the OptioneeCompany in accordance with the terms of this option. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate this option is issuedso exercised.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Clinical Data Inc), Non Qualified Stock Option Agreement (Clinical Data Inc), Incentive Stock Option Agreement (Clinical Data Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which that may be purchased by exercise of this option any of these options (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date any such stock certificate is issued.

Appears in 3 contracts

Samples: Employment Agreement (Assuretec Holdings Inc), Employment Agreement (Assuretec Holdings Inc), Employment Agreement (Assuretec Holdings Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which Common Stock that may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) Option unless and until a certificate or certificates representing such shares is are duly issued and delivered to the Optionee. No Except as expressly provided in the Plan or any amendment thereto, which provisions, if any from time to time shall be deemed expressly incorporated herein, no adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock share certificate is issued.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Selfcare Inc), Non Qualified Stock Option Agreement (Selfcare Inc), Non Qualified Stock Option Agreement (Selfcare Inc)

Rights as a Shareholder. The Optionee shall have no rights as a -------------------------- shareholder with respect to any shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights right for which the record date is prior to the date such stock certificate is issued.

Appears in 3 contracts

Samples: Stock Option Agreement (Marshall Holdings International, Inc.), Stock Option Agreement (Gateway Distributors LTD), Stock Option Agreement (Marshall Holdings International, Inc.)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which Shares that may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) Option unless and until a certificate or certificates representing such shares is Shares are duly issued and delivered to the Optionee. No Any such issuance is expressly conditioned upon the Optionee’s prior execution of a joinder agreement to the Securityholders’ Agreement. Except as otherwise expressly provided in the Plan, no adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 3 contracts

Samples: Stock Option Agreement (Simmons Co), Stock Option Agreement (Simmons Co), Stock Option Agreement (Simmons Co)

Rights as a Shareholder. The Optionee shall have no rights as a ----------------------- shareholder with respect to any shares which of Common Stock that may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) Option unless and until a certificate or certificates representing such shares is are duly issued and delivered to the Optionee. No Except as otherwise expressly provided in the Plan, no adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock share certificate is issued.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Data Translation Ii Inc), Incentive Stock Option Agreement (Data Translation Ii Inc)

Rights as a Shareholder. The Optionee or a permitted transferee of any option, shall have no rights as a shareholder with respect to any shares which may be purchased covered by exercise the option granted under this Agreement until the date of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to issuance of the stock certificate for such shares) unless and until a certificate representing such shares . Other than is duly issued and delivered to the Optionee. No adjustment provided in Paragraph 4, no adjustments shall be made for dividends (ordinary or extraordinary) or distributions, whether in cash, securities or other properties, or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 2 contracts

Samples: Stock Option Agreement (Maverick Restaurant Corp), Stock Option Agreement (Maverick Restaurant Corp)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which of Common Stock that may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) Option unless and until a certificate or certificates representing such shares is are duly issued and delivered to the Optionee. No Except as otherwise expressly provided in the 1994 Plan, no 23 adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock share certificate is issued.

Appears in 2 contracts

Samples: Executive Employment Agreement (Trident International Inc), Executive Employment Agreement (Trident International Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares Shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) Option unless and until a certificate or certificates representing such shares is Shares are duly issued and delivered to the Optionee. No Except as otherwise expressly provided in the Plan, no adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 2 contracts

Samples: Stock Option Agreement (Symbollon Corp), Stock Option Agreement (Green Mountain Coffee Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which may be purchased by exercise of this option the Option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 2 contracts

Samples: Key Man Stock Option Agreement (Interleaf Inc /Ma/), Key Man Stock Option Agreement (Interleaf Inc /Ma/)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares comprising Units which may be purchased by exercise of this option Option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 2 contracts

Samples: Performance Option Agreement (Globe Manufacturing Corp), Performance Option Agreement (Globe Manufacturing Corp)

Rights as a Shareholder. The Optionee shall will have no rights as a shareholder with respect to any shares which may be purchased by exercise common stock until the date of this option (including, without limitation, any rights issue to receive dividends or non-cash distributions with respect to the recipient of a stock certificate for such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall will be made for dividends dividend or other rights for which the record date is occurs prior to the date such stock certificate is issued.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Athena Medical Corp), Non Statutory Stock Option Agreement (Athena Medical Corp)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) ), unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends dividend or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 2 contracts

Samples: Non Statutory Stock Option Agreement (Genrad Inc), Non Statutory Stock Option Agreement (Teradyne Inc)

Rights as a Shareholder. 6.1 The Optionee shall not have no any rights as a shareholder of the Corporation with respect to any shares which may be purchased by of the Shares subject to the Option until the date of issuance of a certificate for such Shares upon the exercise of this option (includingthe Option, without limitationin full or in part, any rights to receive dividends or non-cash distributions and then only with respect to the Shares represented by such shares) unless and until a certificate representing such shares is duly issued and delivered to certificate. Without in any way limiting the Optionee. No generality of the foregoing, no adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock share certificate is issued.

Appears in 2 contracts

Samples: Stock Option Agreement (Genesis Microchip Inc /De), Stock Option Agreement (Genesis Microchip Inc)

Rights as a Shareholder. The Optionee optionee shall have no rights as a shareholder with respect to any shares which may be purchased by exercise Shares until the date of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to issuance of a stock certificate for such shares) unless and until a certificate representing such shares is duly issued and delivered to the OptioneeShares. No adjustment shall be made for dividends or other rights for which the record date is prior to the date of such stock certificate is issuedissuance, except as provided in Section 6 hereof.

Appears in 2 contracts

Samples: Stock Option Agreement (Western Sierra Bancorp), Stock Option Agreement (Western Sierra Bancorp)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares Shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) Option unless and until a certificate or certificates representing such shares is Shares are duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 2 contracts

Samples: Stock Option Agreement (Radvision LTD), Stock Option Agreement (Radvision LTD)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which of Common Stock that may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) Option unless and until a certificate or certificates representing such shares is are duly issued and delivered to the Optionee. No Except as otherwise expressly provided in the 1994 Plan, no adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock share certificate is issued.

Appears in 2 contracts

Samples: Executive Employment Agreement (Trident International Inc), Executive Employment Agreement (Trident International Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which of Common Stock that may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) Option unless and until a certificate or certificates representing such shares is are duly issued and delivered to the Optionee. No Except as otherwise expressly provided in the 1994 Plan, no 18 adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock share certificate is issued.

Appears in 2 contracts

Samples: Executive Employment Agreement (Trident International Inc), Executive Employment Agreement (Trident International Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares Shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) Option unless and and until a certificate or certificates representing such shares is Shares are duly issued and delivered to the Optionee. No Except as otherwise expressly provided in the Plan, no adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 2 contracts

Samples: Stock Option Agreement (Bruker Energy & Supercon Technologies, Inc.), Stock Option Agreement (Bruker Corp)

Rights as a Shareholder. The Optionee shall have no none of the rights as of a shareholder with respect to any shares which may be purchased by exercise of this option the Trust (includingfor example, without limitation, any rights the right to receive dividends cash or non-cash dividend payments or distributions with respect attributable to such sharesthe subject Shares or to direct the voting of the subject Shares) unless until the Shares covered by the Option are fully paid and until a certificate representing such shares is duly issued and delivered to the Optionee. No Except as provided in Section 17 of the Plan, no adjustment shall be made for dividends dividends, distributions or other rights for which the record date is prior to the date of such stock certificate is issuedissuance.

Appears in 1 contract

Samples: Non Qualified Option Agreement (Ramco Gershenson Properties Trust)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder of the Company with respect to any shares which may be purchased covered by exercise the Option until the date of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to the issuance of a share certificate for such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for any dividends (ordinary or extraordinary, whether cash, securities, or other property) or distributions or other rights for which the record date is prior to the date such stock share certificate is issued, except as provided in Section 9 below.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Continuus Software Corp /Ca)

Rights as a Shareholder. The Optionee shall not have no any rights as a shareholder with respect to any shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Global E Tutor Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which may be purchased covered by exercise the Option until the date of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until the issuance of a certificate representing such or certificates for the shares is duly issued and delivered to for which the OptioneeOption has been exercised. No adjustment shall be made for dividends or distributions or other rights for which the record date is prior to the date such stock certificate is or certificates are issued, except as provided in paragraph 9 above.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Informix Corp)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 1 contract

Samples: Stock Option Agreement (Telepad Corp)

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Rights as a Shareholder. The Optionee optionee shall have no rights as a shareholder with respect to any shares which may be purchased covered by exercise of this option the Option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until the date of issue of a stock certificate representing such shares is duly issued and delivered to the Optioneeoptionee. No Except as Section 10 provides, no adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 1 contract

Samples: Nonstatutory Stock Option Grant Agreement (Yurie Systems Inc)

Rights as a Shareholder. The Optionee shall have no rights as a ----------------------- shareholder with respect to any shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights (except as provided in Section 8 herein) for which the record date is prior to the date such stock certificate is issued.

Appears in 1 contract

Samples: Director Non Statutory Stock Option Agreement (Epresence Inc)

Rights as a Shareholder. The Optionee Participant shall have no rights as a shareholder with respect to any shares Shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such sharesShares) unless and until a certificate representing such shares Shares is duly issued and delivered to the OptioneeParticipant. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Art Technology Group Inc)

Rights as a Shareholder. The Optionee shall have no No rights as of a shareholder of the Company shall attach to Optionee with respect to any shares which may of the Shares until this Option shall be purchased by duly exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect as to such shares) unless Shares and until a certificate representing Optionee shall have become the holder of record of such shares is duly issued and delivered to the OptioneeShares. No adjustment adjustments shall be made for cash dividends or other distributions or rights for as to which the there is a record date is prior to preceding the date that Optionee becomes the holder of record of such stock certificate is issuedShares.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Metris Companies Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares of Common Stock which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) Option unless and until a certificate or certificates representing such shares is are duly issued and delivered to the Optionee. No Except as otherwise expressly provided in the Plan, no adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Casual Male Retail Group Inc)

Rights as a Shareholder. The Optionee shall not have no any of the rights as of a shareholder with of the Company in respect to any shares which may of the Shares until one or more certificates for such Shares shall be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until a certificate representing such shares is duly issued and delivered to the OptioneeOptionee upon the purchase of Shares pursuant to a vested Option in accordance with this Agreement. No Except as otherwise expressly provided herein, no adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 1 contract

Samples: Stock Option Agreement (Emc Corp)

Rights as a Shareholder. The Optionee shall have no rights as a ----------------------- shareholder with respect to any shares which may be purchased by exercise of this option Option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 1 contract

Samples: Stock Option Agreement (Idx Systems Corp)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares Shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such sharesShares) unless and until a certificate representing such shares Shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Flonetwork Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate certificate- is issued.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Switchboard Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder ----------------------- with respect to any shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Epresence Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder of the Company with respect to any shares which may be purchased covered by exercise the Option until the date of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to the issuance of a share certificate for such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for any dividends (ordinary or extraordinary, whether cash, securities, or other property) or distributions or other rights for which the record date is prior to the date such stock share certificate is issued, except as provided in Section 7 below.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Continuus Software Corp /Ca)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) Option unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Vastera Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares Shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) Option unless and until a certificate or certificates representing such shares is Shares are duly issued and delivered to the Optionee. No Except as otherwise expressly provided herein, no adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 1 contract

Samples: Stock Option Agreement (General Nutrition Companies Inc)

Rights as a Shareholder. The Optionee shall have no rights as a ------------------------ shareholder with respect to any shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights right for which the record date is prior to the date such stock certificate is issued.

Appears in 1 contract

Samples: Stock Option Agreement (Gateway Distributors LTD)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which Common Stock that may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) Option unless and until a certificate or certificates representing such shares is are duly issued and delivered to the Optionee. No Except as otherwise expressly provided in the 2000 Plan, no adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock share certificate is issued.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Zwanziger Ron)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which Common Stock that may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) Option unless and until a certificate or certificates representing such shares is are duly issued and delivered to the Optionee. No Except as otherwise expressly provided in the Plan, no adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock share certificate is issued.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Champps Entertainment Inc/ Ma)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until a certificate Certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Cisco Systems Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which may be purchased by exercise of this option (including, without limitation, any rights common stock of the Corporation until the date of issuance of a stock certificate to receive dividends or non-cash distributions with respect to Optionee for such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date of such stock certificate is issuedissuance, except as otherwise provided in Section 9 herein.

Appears in 1 contract

Samples: Directors’ Non Qualified Stock Option Agreement (Circle Bancorp)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which may be purchased Shares covered by exercise the Option until the date of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until the issuance of a certificate representing such shares is for the Shares for which the Option has been exercised (as evidenced by the appropriate entry on the books of the Company or of a duly issued and delivered to authorized transfer agent of the OptioneeCompany). No adjustment shall be made for dividends dividends, distributions or other rights for which the record date is prior to the date such stock certificate is issued, except as provided in Section 9.

Appears in 1 contract

Samples: Stock Option Agreement (Ontro Inc)

Rights as a Shareholder. The the Optionee shall have no rights as a shareholder with respect to any shares which Common Stock that may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) Option unless and until a certificate or certificates representing such shares is are duly issued and delivered to the Optionee. No Except as otherwise expressly provided in the Plan, no adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock share certificate is issued.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Barakett Timothy R)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.)

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Cisco Systems Inc)

Rights as a Shareholder. The Optionee shall have no rights as a ----------------------- shareholder with respect to any shares which of Common Stock that may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) Option unless and until a certificate or certificates representing such shares is of Common Stock are duly issued and delivered to the Optionee. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Baker J Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares which Shares that may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) Option unless and until a certificate or certificates representing such shares is Shares are duly issued and delivered to the Optionee. No Any such issuance is expressly conditioned upon the Optionee’s prior execution of a joinder agreement to the Securityholders’ Agreement and the Registration Rights Agreement. Except as otherwise expressly provided in the Plan, no adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.

Appears in 1 contract

Samples: Stock Option Agreement (Simmons Co)

Rights as a Shareholder. The Optionee shall have no No rights as of a shareholder of the Company will inhere in the Optionee with respect to any shares which may be purchased by exercise of the Option Shares until this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect Option is duly exercised as to such shares and the person has become holder of record of such shares) unless and until a certificate representing such shares is duly issued and delivered to the Optionee. No adjustment shall adjustments will be made for cash dividends or other distributions or other rights for as to which the there is a record date is prior to preceding the date such stock certificate is issuedperson becomes the holder of record of such shares.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Tech Squared Inc)

Rights as a Shareholder. The Optionee shall have no rights as a ----------------------- shareholder with respect to any shares which Common Stock that may be purchased by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to such shares) Option unless and until a certificate or certificates representing such shares is are duly issued and delivered to the Optionee. No Except as otherwise expressly provided in the Plan, no adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock share certificate is issued.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Data Translation Ii Inc)

Rights as a Shareholder. The Optionee or a transferee of this option shall have no rights as a shareholder with respect to any shares which may be purchased covered by exercise of this option (including, without limitation, any rights to receive dividends or non-cash distributions with respect to until the date of the issuance of a stock certificate for such shares) unless and until a certificate representing such shares is duly issued and delivered to , except as provided in Section 10 of the OptioneePlan. No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property), distributions or other rights for which the record date is prior to the date such stock certificate is issued, except as provided in Section 10 of the Plan.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Sopheon PLC)

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