Common use of Rights as a Stockholder Clause in Contracts

Rights as a Stockholder. The Optionee shall have no rights as a stockholder with respect to any Shares which may be purchased by exercise of this Option unless and until a certificate or certificates representing such Shares are duly issued and delivered to the Optionee. 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 56 contracts

Samples: Stock Option Agreement (Life Medical Sciences Inc), Stock Option Agreement (Life Medical Sciences Inc), Stock Option Agreement (Life Medical Sciences Inc)

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Rights as a Stockholder. The Optionee shall have no rights as a stockholder with respect to any Shares which may be purchased by exercise subject to the Option until certificates for Shares of this Option unless and until a certificate or certificates representing such Shares Common Stock are duly issued and delivered to the Optionee. 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 21 contracts

Samples: Stock Option Agreement (Neulion, Inc.), Incentive Stock Option Agreement (Cyalume Technologies Holdings, Inc.), Stock Option Agreement (Photovoltaic Solar Cells, Inc.)

Rights as a Stockholder. The An Optionee or a transferee of the Stock Option shall have no rights as a stockholder with respect to any Shares which may be purchased shares covered by exercise such Stock Option until the date when his or her purchase is entered upon the records of this Option unless and until a certificate or certificates representing such Shares are the duly issued and delivered to authorized transfer agent of the OptioneeCompany. Except as otherwise expressly provided in the Plan, no No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or distribution of other rights for which the record date is prior to the date such a stock certificate is issued, except as provided in the Plan.

Appears in 18 contracts

Samples: Employment Agreement (RenovaCare, Inc.), Employment Agreement (RenovaCare, Inc.), Employment Agreement (RenovaCare, Inc.)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder with respect to any Shares which may be purchased by exercise upon the exercisability of this Option unless and until a certificate or certificates representing such Shares are duly issued and delivered to the Optionee. Except as otherwise expressly provided in the Planherein, no adjustment shall be made for dividends or other rights for which the record date is prior to the date such the stock certificate is issued.

Appears in 10 contracts

Samples: Stock Option Agreement (Universal Hospital Services Inc), Stock Option Agreement (Universal Hospital Services Inc), Stock Option Agreement (Universal Hospital Services Inc)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder with respect to any Shares shares which may be purchased by exercise of this Option the Options unless and until a certificate or certificates representing such Shares are shares is duly issued and delivered to the Optionee. 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 on such stock certificate is issuedcertificate.

Appears in 9 contracts

Samples: Non Statutory Stock Option Agreement (Universal Stainless & Alloy Products Inc), Incentive Stock Option Agreement (Universal Stainless & Alloy Products Inc), Non Statutory Stock Option Agreement (Universal Stainless & Alloy Products Inc)

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

Appears in 7 contracts

Samples: Global Non Statutory Stock Option Agreement (Novavax Inc), Non Statutory Stock Option Agreement (Novavax Inc), Non Statutory Stock Option Agreement (Novavax Inc)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder with respect to any Shares which may be purchased by exercise of this Option unless and until a certificate or certificates representing such Shares are duly issued and delivered to the Optionee. 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: Stock Option Agreement (Life Medical Sciences Inc), Stock Option Agreement (Bigmar Inc), Non Qualified Stock Option Agreement (Life Medical Sciences Inc)

Rights as a Stockholder. The Neither Optionee nor any legal representative, heir or legatee of Optionee shall have no any rights as a stockholder with respect to any shares covered by the Option until the date of the issuance of the Shares which may be purchased by exercise of this Option unless and until a certificate to Optionee, or certificates representing such Shares are duly issued and delivered to the Optioneerepresentative, heir or legatee for such shares. Except as otherwise expressly provided in the Plan, no No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or distributions or other rights for which the record date is prior to the date such stock certificate is Shares are issued, except as expressly provided in Section 7.

Appears in 4 contracts

Samples: Nonstatutory Stock Option Agreement (AutoGenomics, Inc.), Nonstatutory Stock Option Agreement (AutoGenomics, Inc.), Nonstatutory Stock Option Agreement (AutoGenomics, Inc.)

Rights as a Stockholder. The Optionee or a permitted transferee of an Option shall have no rights as a stockholder with respect to any Shares which may be purchased covered by exercise his Option until the date of this Option unless and until the issuance of a stock certificate or certificates representing to him for such Shares are duly issued and delivered to the OptioneeShares. Except as otherwise expressly provided in the Plan, no No adjustment shall be made for dividends dividend (ordinary or extraordinary, whether in cash, securities or other property) or distributions or other rights for which the record date is prior to the date such stock certificate is issued, except as provided in Section 6 hereof.

Appears in 3 contracts

Samples: Executive Performance Equity Agreement (Dynamicweb Enterprises Inc), Executive Performance Equity Agreement (Dynamicweb Enterprises Inc), Executive Performance Equity Agreement (Dynamicweb Enterprises Inc)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder with respect to any Shares which may be purchased shares covered by exercise this Agreement until the date of this Option unless and until a certificate or certificates representing the issuance of such Shares are duly issued and delivered to the Optioneeshares. Except as otherwise expressly provided in the Plan, no adjustment shall will be made for dividends dividends, other distributions or other rights for which the record date is prior to the date of such stock certificate is issuedissuance.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Vcampus Corp), Employment Agreement (Vcampus Corp), Incentive Stock Option Agreement (Vcampus Corp)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder with respect to any Shares which may be purchased shares covered by exercise the Option until the date of this Option unless and until the issuance of a certificate for the shares for which the Option has been exercised (as evidenced by the appropriate entry on the books of the Company or certificates representing such Shares are of a duly issued and delivered to authorized transfer agent of the OptioneeCompany). Except as otherwise expressly provided in the Plan, no 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 14.

Appears in 3 contracts

Samples: Nonstatutory Stock Option Agreement (Kaydon Corp), Nonstatutory Stock Option Agreement (Kaydon Corp), Nonstatutory Stock Option Agreement (Kaydon Corp)

Rights as a Stockholder. The Optionee shall have no rights right as a stockholder with respect to any Shares which may be purchased by exercise of this Option Share unless and until a certificate or certificates representing such Shares are Option Share is duly issued and delivered to the Optionee. 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: Non Qualified Stock Option Agreement (Inso Corp), Incentive Stock Option Agreement (Inso Corp), Non Qualified Stock Option Agreement (Inso Corp)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder with respect to any Shares which may be purchased by exercise of this pursuant to the Option unless and until a certificate or certificates representing such Shares are duly issued and delivered to the Optionee. Except as otherwise expressly provided in the Planherein, no adjustment shall be made for dividends or other rights for which the record date is prior to the date such the stock certificate is issued.

Appears in 3 contracts

Samples: Stock Option Agreement (Insight Health Services Holdings Corp), Stock Option Agreement (Syncor Diagnostics Bakersfield, LLC), Stock Option Agreement (Insight Health Services Holdings Corp)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder with respect to any Shares shares which may be purchased by exercise of this Option (including, without limitation, any rights to vote or to receive dividends or other distributions with respect to such shares) unless and until a certificate or certificates representing such Shares are shares is duly issued and delivered to the Optionee. Except as otherwise expressly provided in the Plan, no 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: Non Qualified Stock Option Agreement (Winston Pharmaceuticals, Inc.), Non Qualified Stock Option Agreement (Winston Pharmaceuticals, Inc.)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder with respect to any Shares which may be purchased shares covered by exercise the Option until the date of this Option unless and until the issuance of a certificate for the shares for which the Option has been exercised (as evidenced by the appropriate entry on the books of the Company or certificates representing such Shares are of a duly issued and delivered to authorized transfer agent of the OptioneeCompany). Except as otherwise expressly provided in the Plan, no 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 2 contracts

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

Rights as a Stockholder. The Optionee shall have no rights as a stockholder 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 or certificates representing such Shares are is duly issued and delivered to the Optionee. Except as otherwise expressly provided in the Plan, no No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is was issued.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Novavax Inc), Non Statutory Stock Option Agreement (Novavax Inc)

Rights as a Stockholder. The Neither the Optionee or the transferee of the ----------------------- Options shall not have no any rights as a stockholder of the Company with respect to any Shares which may be purchased by exercise of this Option unless and until a stock certificate or certificates representing such Shares are duly issued is executed and delivered to the OptioneeOptionee or such transferee, as the case may be. 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 (Eye Care Centers of America Inc), Stock Option Agreement (Eye Care Centers of America Inc)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder shareholder with respect to any Shares shares which may be purchased by exercise of this Option option unless and until a certificate or certificates representing such Shares are duly issued and delivered to the Optioneeoption is properly exercised in accordance with section 2(b). Except as otherwise expressly provided in the Plan, no adjustment shall be made for dividends or other rights for which the record date until such option is prior to the date such stock certificate is issuedproperly exercised.

Appears in 2 contracts

Samples: Adviser's Stock Option Agreement (Unica Corp), Adviser's Stock Option Agreement (Unica Corp)

Rights as a Stockholder. The An Optionee or a transferee of the Stock Option shall have no rights as a stockholder with respect to any Shares which may be purchased shares covered by exercise such Stock Option until the date that his or her purchase is entered upon the records of this Option unless and until a certificate or certificates representing such Shares are the duly issued and delivered to authorized transfer agent of the OptioneeCompany. Except as otherwise expressly provided in the Plan, no No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or distribution of other rights for which the record date is prior to the date such a stock certificate is issued, except as provided in the Plan.

Appears in 2 contracts

Samples: Stock Option Agreement (Intellect Neurosciences, Inc.), Incentive and Nonqualified Stock Option Agreement (Intellect Neurosciences, Inc.)

Rights as a Stockholder. The Optionee You shall have no rights as a stockholder with respect to any Shares shares covered by the Option until the date of the issuance of the shares for which may be purchased the Option has been exercised (as evidenced by exercise the appropriate entry on the books of this Option unless and until the Company or of a certificate or certificates representing such Shares are duly issued and delivered to authorized transfer agent of the OptioneeCompany). Except as otherwise expressly provided in the Plan, no 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 the shares are issued, except as provided in Section 6.

Appears in 2 contracts

Samples: Employee Stock Option Agreement (Halozyme Therapeutics, Inc.), Director Stock Option Agreement (Halozyme Therapeutics, Inc.)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder with respect to any Shares which may be purchased covered by exercise the Option until the date of this Option unless and until issuance of a stock certificate or certificates representing for such Shares are duly issued and delivered Shares. Subject to the Optionee. Except as otherwise expressly provided in the PlanSection 3, no adjustment shall be made for dividends by reason of any dividends, distributions or other rights granted to stockholders for which the record date is prior to the date such stock certificate is issued.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Strategic Timber Trust Inc), Stock Option Agreement (Strategic Timber Trust Inc)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder with respect to any Shares which may be purchased shares of Common Stock covered by exercise the Option until the date of this Option unless and until the issuance of a certificate or certificates representing such Shares are duly issued and delivered to for the Optioneeshares for which the Option has been exercised. Except as otherwise expressly provided in the Plan, no 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 Section 10 above.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Qk Healthcare Inc), Non Qualified Stock Option Agreement (Qk Healthcare Inc)

Rights as a Stockholder. The Optionee shall have has no rights as a stockholder with respect to any Shares which may be purchased by exercise shares of this Common Stock until the date the Optionee becomes the holder or record of those shares. The Company shall not adjust the Option unless and until a certificate or certificates representing such Shares are duly issued and delivered to the Optionee. 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 occurs before the date such stock certificate is issuedthe Optionee becomes the holder of record.

Appears in 2 contracts

Samples: Non Statutory Stock Option Agreement (Erickson Air-Crane Inc), Incentive Stock Option Agreement (Erickson Air-Crane Inc)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder with respect to any Shares shares covered by the Option until the date of the issuance of a stock certificate(s) for the shares for which may be purchased by exercise of this the Option unless and until a certificate or certificates representing such Shares are duly issued and delivered to the Optioneehas been exercised. Except as otherwise expressly provided in the Plan, no 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 certificates(s) are issued, except as provided in paragraph 6.

Appears in 1 contract

Samples: Securities Purchase Agreement (Go2net Inc)

Rights as a Stockholder. The Optionee shall not have no any rights as a stockholder of the Company with respect to any Shares which may be purchased by exercise of this Option unless and until a stock certificate or certificates representing such Shares are duly issued is executed and delivered to the Optionee. 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.for

Appears in 1 contract

Samples: Stock Option Agreement (Eye Care Centers of America Inc)

Rights as a Stockholder. The An Optionee shall have no rights as a stockholder with respect to any Shares which may be purchased shares covered by exercise the Option until the date of this Option unless and until the issuance of a stock certificate or certificates representing to him for such Shares are duly issued and delivered to the Optioneeshares. Except as otherwise expressly provided in the Plan, no No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or distributions or other rights for which the record date is prior to the date such stock certificate is issued, except as provided in Section 6(f) hereof.

Appears in 1 contract

Samples: Stock Option Plan (Great Lakes Bancorp, Inc.)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder with respect to any Shares which may be purchased shares of stock covered by exercise the Option until the date of this Option unless and until the issuance of a certificate or certificates representing such Shares are duly issued and delivered to for the Optioneeshares for which the Option has been exercised. Except as otherwise expressly provided in the Plan, no 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 the Plan.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (C Cube Semiconductor Inc)

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Rights as a Stockholder. The Optionee shall have no the rights as of a stockholder with respect only as to shares of Capital Stock acquired upon exercise of a Stock Option and not as to any Shares which may be purchased shares of Capital Stock covered by exercise of this Option unless and until a certificate or certificates representing such Shares are duly issued and delivered to the Optioneeunexercised Stock Options. 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 issuedshares are acquired.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Rogers Corp)

Rights as a Stockholder. The Optionee Optionholder shall have no rights as a stockholder with respect to any Shares shares which may be purchased by exercise of this Option option unless and until a certificate or certificates representing such Shares shares are duly issued and delivered to the OptioneeOptionholder. 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: Incentive Stock Option Agreement (Applied Therapeutics Inc.)

Rights as a Stockholder. The Optionee shall not have no any rights as a stockholder with respect to any Shares which may be purchased shares of New Common Stock covered by exercise of this Option unless and until the date of issuance of a stock certificate or certificates representing with respect to such Shares are duly issued and delivered to the Optioneeshares. Except as otherwise expressly provided in the PlanSection 2.2, no adjustment to this Option shall be made for dividends or other rights for which the record date is occurs prior to the date such stock certificate is issued.

Appears in 1 contract

Samples: Consultant Option Agreement (American Banknote Corp)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder with respect to any Shares shares which may be purchased by exercise of this Option option unless and until a certificate or certificates representing such Shares are duly issued and delivered to the Optioneeoption is properly exercised in accordance with section 2(b). Except as otherwise expressly provided in the Plan, no adjustment shall be made for dividends or other rights for which the record date until such option is prior to the date such stock certificate is issuedproperly exercised.

Appears in 1 contract

Samples: Stock Option Agreement (Unica Corp)

Rights as a Stockholder. The Optionee shall have no rights as a ----------------------- stockholder 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 or certificates representing such Shares are is duly issued and delivered to the Optionee. Except as otherwise expressly provided in the Plan, no 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 (Physicians Quality Care Inc)

Rights as a Stockholder. The Optionee holder of the Option shall have no rights as a stockholder with respect to any Option Shares which may be purchased by exercise of until he shall have exercised this Option unless in accordance with its terms and until a certificate certificates or certificates representing such electronic transfer evidencing the Option Shares are duly issued and shall have been delivered to him or her by the OptioneeCorporation. Except No adjustment, except as otherwise expressly provided in the PlanSection 11 hereof, no adjustment shall be made for dividends dividends, distributions, or other rights in respect to such Option Shares for which the record date is prior to the date such stock certificate is issuedon which the Optionee or his transferee became the holder of record.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Harding Lawson Associates Group Inc)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder with respect to any Shares which may be purchased shares covered by exercise the Option until the date of this Option unless and until the issuance of a certificate for the shares for which the Option has been exercised (as evidenced by the appropriate entry on the books of the Company or certificates representing such Shares are of a duly issued and delivered to authorized transfer agent of the OptioneeCompany). Except as otherwise expressly provided in the Plan, no 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 H.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Ciena Corp)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder with respect to any Shares shares which may be purchased by exercise of this Option option unless and until a certificate or certificates representing such Shares are duly issued and delivered to the Optioneeoption is properly exercised in accordance with Section 2(b). Except as otherwise expressly provided in the Plan, no adjustment shall be made for dividends or other rights for which the record date until such option is prior to the date such stock certificate is issuedproperly exercised.

Appears in 1 contract

Samples: Stock Option Agreement (Unica Corp)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder 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 are shares is duly issued and delivered to the Optionee. Except as otherwise expressly provided in the Plan, no 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, except as provided in Section 12 of this Agreement.

Appears in 1 contract

Samples: Stock Option Agreement (Bay Networks Inc)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder with respect to any Shares which may be purchased shares of Common Stock covered by exercise the Option until the date of this Option unless and until the issuance of a certificate or certificates representing such Shares are duly issued and delivered to for the Optioneeshares for which the Option has been exercised. Except as otherwise expressly provided in the Plan, no 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 Section 4.3.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Andlinger Capital Xiii LLC)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder shareholder with respect to any Shares shares of Common Stock which may be purchased by exercise of this Option unless and until a certificate or certificates representing such Shares shares are duly issued and delivered to the Optionee. 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 (Brooktrout Inc)

Rights as a Stockholder. The Neither the Optionee or the transferee of the Optionee shall have no any rights as a stockholder of the Company with respect to any Shares which may be purchased by exercise of this Option unless and until a stock certificate or certificates representing such Shares are duly issued is executed and delivered to the OptioneeOptionee or such transferee, as the case may be. 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 (Eye Care Centers of America Inc)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder with respect to any Shares which may be purchased by exercise of this Option unless and until a certificate or certificates representing such Shares are duly issued and delivered to the Optionee. 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 (Life Medical Sciences Inc)

Rights as a Stockholder. The An Optionee shall have no rights as a stockholder with respect to any Shares which may be purchased shares covered by exercise the Option until the date of this Option unless and until the issuance of a stock certificate to him or certificates representing her for such Shares are duly issued and delivered to the Optioneeshares. Except as otherwise expressly provided in the Plan, no No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or distributions or other rights for which the record date is prior to the date such stock certificate is issued, except as provided in Section 6(g) hereof.

Appears in 1 contract

Samples: Stock Option Plan (Great Lakes Bancorp, Inc.)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder shareholder with respect to any Shares which may be purchased shares of Common Stock covered by exercise the Option until the date of this Option unless and until the issuance of a certificate or certificates representing such Shares are duly issued and delivered to for the Optioneeshares for which the Option has been exercised. Except as otherwise expressly provided in the Plan, no 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 Section 3.2.

Appears in 1 contract

Samples: Stock Option Agreement (Safety Quick Lighting & Fans Corp.)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder with respect to any Shares shares of Common Stock which may be purchased by exercise of this Option unless and until a certificate or certificates representing such Shares shares are duly issued and delivered to the Optionee. 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 (Brooktrout Inc)

Rights as a Stockholder. The Optionee shall have no rights as a stockholder with respect to any Shares which may be purchased by exercise of this Option the Stock Options unless and until a certificate or certificates representing such Shares are is duly issued and delivered to the Optionee. 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 on such stock certificate is issuedcertificate.

Appears in 1 contract

Samples: Stock Option Agreement (Metropolis Realty Trust Inc)

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