Common use of Rights as Shareholder Clause in Contracts

Rights as Shareholder. The Optionee will not be deemed to be a holder of any shares pursuant to the exercise of these options until he or she pays the option price and a stock certificate is delivered to him or her for those shares. No adjustment shall be made for dividends or other rights for which the record date is prior to the date the stock certificate is delivered.

Appears in 27 contracts

Samples: Officer Non Qualified Stock Option Agreement (Ireland Inc.), Officer Non Qualified Stock Option Agreement (Ireland Inc.), Officer Non Qualified Stock Option Agreement (Ireland Inc.)

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Rights as Shareholder. The Optionee will not be deemed to be a holder of any shares pursuant to the exercise of these options this option until he or she pays the option price and a stock certificate is delivered to him or her for those shares. No adjustment shall be made for dividends or other rights for which the record date is prior to the date the stock certificate is delivered.

Appears in 24 contracts

Samples: Director Non Qualified Stock Option Agreement (Royal Mines & Minerals Corp), Director Non Qualified Stock Option Agreement (Pengram Corp), Non Qualified Stock Option Agreement (Canyon Copper Corp.)

Rights as Shareholder. The Optionee will not be deemed to be a holder of any shares pursuant to the exercise of these options the Options until he or she pays the option price Exercise Price and a stock certificate is delivered de­livered to him or her for those shares. No adjustment adjust­ment shall be made for dividends or other rights for which the record date is prior to the date the stock certificate is deliveredde­livered.

Appears in 10 contracts

Samples: Nevada Corporation (Cell MedX Corp.), Nevada Corporation (Cell MedX Corp.), Nevada Corporation (Cell MedX Corp.)

Rights as Shareholder. The Optionee will not be deemed to be a holder of any shares pursuant Until the stock certificates reflecting the Option Shares accruing to the Participant upon exercise of these options until he the Option are issued to the Participant, the Participant shall have no rights as a shareholder with respect to such Option Shares. The Company shall make no adjustment for any dividends or she pays the option price and a stock certificate is delivered to him or her for those shares. No adjustment shall be made for dividends distributions or other rights on or with respect to Option Shares for which the record date is prior to the date issuance of that stock certificate, except as the stock certificate is deliveredPlan otherwise provides.

Appears in 7 contracts

Samples: Incentive Stock Option Award (First Security Group Inc/Tn), Non Qualified Stock Option Award (First Security Group Inc/Tn), Nonqualified Stock Option Award (Dr. Tattoff, Inc.)

Rights as Shareholder. The Optionee will not be deemed to be a holder of any shares pursuant Until the stock certificates reflecting the Option Shares accruing to the Optionee upon exercise of these options until he the Option are issued to the Optionee, the Optionee shall have no rights as a shareholder with respect to such Option Shares. The Company shall make no adjustment for any dividends or she pays the option price and a stock certificate is delivered to him or her for those shares. No adjustment shall be made for dividends distributions or other rights on or with respect to Option Shares for which the record date is prior to the date issuance of that stock certificate, except as the stock certificate is deliveredPlan or the attached Award otherwise provides.

Appears in 6 contracts

Samples: Incentive Stock Option Award (National Commerce Corp), Nonqualified Stock Option Award (Park Sterling Corp), Nonqualified Stock Option Award Pursuant (Park Sterling Corp)

Rights as Shareholder. The Optionee will not be deemed to be a holder of any shares pursuant Until the stock certificates reflecting the Option Shares accruing to the Optionee upon exercise of these options until he the Option are issued to the Optionee, the Optionee shall have no rights as a shareholder with respect to such Option Shares. The Company shall make no adjustment for any dividends or she pays the option price and a stock certificate is delivered to him or her for those shares. No adjustment shall be made for dividends distributions or other rights on or with respect to Option Shares for which the record date is prior to the date issuance of that stock certificate, except as the stock certificate is deliveredPlan or this Award otherwise provides.

Appears in 6 contracts

Samples: Nonqualified Stock Option Award (Richardson Electronics LTD/De), Award (Richardson Electronics LTD/De), Award (Richardson Electronics LTD/De)

Rights as Shareholder. The Optionee will not be deemed to be a holder of any shares pursuant to the exercise of these options until he or she pays the option price and a stock certificate is delivered de- livered to him or her for those shares. No adjustment shall be made for dividends or other rights for which the record date is prior to the date the stock certificate is delivered.

Appears in 5 contracts

Samples: Officer Non Qualified Stock Option Agreement (Ireland Inc.), Officer Non Qualified Stock Option Agreement (Ireland Inc.), Officer Non Qualified Stock Option Agreement (Ireland Inc.)

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Rights as Shareholder. The Optionee will not be deemed to be a holder of any shares pursuant to the exercise of these options Options until he or she pays the option Option price and a stock certificate is delivered to him or her for those shares. No adjustment shall be made for dividends or other rights for which the record date is prior to the date the stock certificate is delivered.

Appears in 4 contracts

Samples: Non Qualified Stock Option Award Agreement (Cross Border Resources, Inc.), Non Qualified Stock Option Award Agreement (Cross Border Resources, Inc.), Non Qualified Stock Option Award Agreement (Cross Border Resources, Inc.)

Rights as Shareholder. The Optionee will not be deemed to be a holder of any shares pursuant to the exercise of these options until he or she pays the option price and a stock certificate is delivered de­livered to him or her for those shares. No adjustment adjust­ment shall be made for dividends or other rights for which the record date is prior to the date the stock certificate is deliveredde­livered.

Appears in 2 contracts

Samples: Type» Stock Option Agreement (Homeland Resources Ltd.), Non Qualified Stock Option Agreement (Triton Emission Solutions Inc.)

Rights as Shareholder. The Optionee will not be deemed to be a holder of any shares pursuant to the exercise of these options this option until he or she pays the option price and a stock certificate is delivered de­livered to him or her for those shares. No adjustment adjust­ment shall be made for dividends or other rights for which the record date is prior to the date the stock certificate is deliveredde­livered.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Las Vegas Gaming Inc)

Rights as Shareholder. The Optionee will not be deemed shall have no rights as a shareholder with respect to be a holder of any shares pursuant Shares subject to this Option until such Shares are issued to Optionee upon the exercise of these options until he or she pays the option price and a stock certificate is delivered to him or her for those sharesthis Option. No adjustment shall be made for dividends (ordinary or extra-ordinary, whether in cash, securities or other property), distributions or other rights for which the record date is prior to the date such shares are issued, except as provided in Section 14 of the stock certificate is deliveredPlan.

Appears in 1 contract

Samples: Stock Option Agreement (Ceco Environmental Corp)

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