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 Shares subject to the Option until certificates for Shares are issued to the Optionee.

Appears in 21 contracts

Samples: Non Qualified Stock Option Agreement (GlassBridge Enterprises, Inc.), Incentive Stock Option Agreement (GlassBridge Enterprises, Inc.), Stock Option Award Agreement (MAIA Biotechnology, Inc.)

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Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any Option Shares subject to until the Option until certificates for Shares are issued to Optionee becomes the Optioneeholder of record of such shares.

Appears in 12 contracts

Samples: Stock Option Agreement (Mackinac Financial Corp /Mi/), Stock Option Agreement (Mackinac Financial Corp /Mi/), Stock Option Agreement (Mackinac Financial Corp /Mi/)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder of the Company with respect to any Shares subject to covered by the Option until certificates for Shares are issued to the Optioneeexercise of the Option.

Appears in 10 contracts

Samples: Option Agreement (Brigham Exploration Co), Option Agreement (Brigham Exploration Co), Option Agreement (Brigham Exploration Co)

Rights as a Shareholder. The Optionee Option Holder shall have no rights as a shareholder with respect to Shares subject to by reason of the Option Options unless and until certificates for Shares shares of Common Stock are issued to the Optioneehim or her.

Appears in 6 contracts

Samples: Award Agreement (Gannett Co Inc /De/), Letter Agreement (Gannett Co Inc /De/), Letter Agreement (Gannett Co Inc /De/)

Rights as a Shareholder. The Optionee shall have no rights as of a shareholder with respect to the Shares subject underlying the Option (including no right to receive dividends or to vote shares) unless and until such Shares are transferred to the Option until certificates for Shares are issued to Optionee upon the Optioneeexercise of the Option.

Appears in 5 contracts

Samples: Option Agreement (Turtle Beach Corp), Option Agreement (Turtle Beach Corp), Option Agreement (Turtle Beach Corp)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to Shares subject to the Option until certificates for Shares of Common Stock are issued to the Optionee.

Appears in 4 contracts

Samples: Stock Option Agreement (Argyle Security, Inc.), Stock Option Agreement (Gevo, Inc.), Stock Option Agreement (Argyle Security Acquisition CORP)

Rights as a Shareholder. The Optionee Option Holder shall have no rights as a shareholder with respect to Shares subject to by reason of the Option unless and until certificates for the Shares are issued to the Optioneehim.

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement (Addus HomeCare Corp), Employment Agreement (Addus HomeCare Corp)

Rights as a Shareholder. The Optionee Option Holder shall have no rights as a shareholder with respect to Shares subject to by reason of the Option unless and until certificates for Shares shares of Common Stock are issued to the Optioneehim or her.

Appears in 3 contracts

Samples: Non Qualified Stock Option Award Agreement (Cementitious Materials Inc), Incentive Stock Option Award Agreement (Lexington Precision Corp), Non Qualified Stock Option Award Agreement (Lexington Precision Corp)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to Shares subject to any shares covered by the Option until certificates for Shares are issued the date of the issuance of a certificate representing such shares to the OptioneeOptionee and only after such shares are fully paid.

Appears in 3 contracts

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

Rights as a Shareholder. The Optionee shall have no rights as a ----------------------- shareholder of the Company with respect to any Shares subject to covered by the Option until certificates for Shares are issued to the Optioneeexercise of the Option.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Pure Resources Inc), Nonqualified Stock Option Agreement (Pure Resources Inc), Nonqualified Stock Option Agreement (Pure Resources Inc)

Rights as a Shareholder. The Optionee shall have no rights as a ----------------------- shareholder of the Company with respect to any Shares subject to the covered by this Option until certificates the issuance of a stock certificate to him for Shares are issued to the Optioneesuch Shares.

Appears in 3 contracts

Samples: Stock Option Agreement (Communications Central Inc), Stock Option Agreement (Communications Central Inc), Stock Option Agreement (Communications Central Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder of the Company with respect to any Shares subject to the covered by this Option until certificates the issuance of a stock certificate to him for Shares are issued to the Optioneesuch Shares.

Appears in 3 contracts

Samples: Stock Option Agreement (Diversified Restaurant Holdings, Inc.), Stock Option Agreement (Diversified Restaurant Holdings, Inc.), Director Stock Option Agreement (Bioshield Technologies Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder Shareholder with respect to Shares subject to the Option Options granted hereunder until certificates for Shares of common stock are issued to the Optionee.

Appears in 2 contracts

Samples: Stock Option Agreement (Fpic Insurance Group Inc), Stock Option Agreement (Fpic Insurance Group Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to Shares any shares of Stock subject to the Option (including voting rights or dividends) until certificates for Shares are issued to the Optioneedate of the exercise of the Option and the issuance of the underlying shares of Stock.

Appears in 2 contracts

Samples: Stock Option Agreement (Access National Corp), Stock Option Agreement (Access National Corp)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to Shares subject to the Option granted hereunder until certificates for Shares of Common Stock are issued to the Optionee.

Appears in 2 contracts

Samples: Stock Option Award Agreement (Monarch Properties Inc), Stock Option Award Agreement (Monarch Properties Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder of the Company with respect to any Shares subject to the covered by this Option until certificates the issuance of a stock certificate to him/her for Shares are issued to the Optioneesuch Shares.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Gray Television Inc)

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Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to Shares subject the shares purchased until the date of the issuance to the Option until certificates for Shares are issued to the Optioneehim of a Certificate representing such shares.

Appears in 1 contract

Samples: Incentive Stock Option Plan (Mark Iv Industries Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to Shares subject to any shares of Common Stock covered by the Option unless and until certificates the Optionee shall have become the beneficial owner of the shares, and no adjustments shall be made for Shares are issued to the Optioneedividends in cash or other property, distributions or other rights in respect of any such shares, except as otherwise provided herein.

Appears in 1 contract

Samples: Nonstatutory Stock Option Grant Agreement (Foot Locker Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to Shares subject to the Option Options granted hereunder until certificates for Shares shares of Common Stock are issued to the Optionee.

Appears in 1 contract

Samples: Stock Option Agreement (Biopure Corp)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to Shares subject to the Option until certificates for the Option has been duly exercised and the Shares are issued to the Optionee.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Boustead Wavefront Inc.)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to Shares subject to the Option until certificates for Option has been duly exercised and the Shares are issued to the Optionee.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Boustead Wavefront Inc.)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to Shares subject to the Option Options granted hereunder until certificates for Shares of Common Stock are issued to the Optionee.

Appears in 1 contract

Samples: Stock Option Award Agreement (Monarch Properties Inc)

Rights as a Shareholder. The Optionee shall not have no any rights as a shareholder with respect to any Options Shares subject to the issuable upon exercise of this Option until certificates this Option has been validly exercised and the purchase price for Shares are issued to the Optioneesuch Option Share has been paid in full.

Appears in 1 contract

Samples: Stock Option Agreement (Lumonics Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to Shares subject to any shares of Common Stock covered by the Option unless and until certificates for Shares are issued to the Optionee.Optionee shall have become the beneficial owner of the shares, and no

Appears in 1 contract

Samples: Nonstatutory Stock Option Grant Agreement (Venator Group Inc)

Rights as a Shareholder. The 1. An Optionee shall not have no any rights as a shareholder of the Corporation with respect to any of the Shares subject to the Option until certificates the date of issuance of a certificate for such Shares are issued upon the exercise of the Option, in full or in part, and then only with respect to the OptioneeShares represented by such certificate or certificates. Without in any way limiting the 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 share certificate is issued.

Appears in 1 contract

Samples: Option Agreement (Atlas Financial Holdings, Inc.)

Rights as a Shareholder. The 7.1 An Optionee shall not have no any rights as a shareholder of the Corporation with respect to any of the Shares subject to the Option until certificates the date of issuance of a certificate for such Shares are issued upon the exercise of the Option, in full or in part, and then only with respect to the OptioneeShares represented by such certificate or certificates. Without in any way limiting the 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 share certificate is issued.

Appears in 1 contract

Samples: Option Agreement (Grandview Gold, Inc.)

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