Common use of Rights as Shareholder Clause in Contracts

Rights as Shareholder. Until the stock certificate evidencing such Shares is issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Optioned Stock, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such stock certificate promptly after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 5.2 of the Plan.

Appears in 19 contracts

Samples: Employee Stock Option Agreement, Employee Stock Option Agreement (Autobytel Inc), Director Stock Option Agreement (Autobytel Inc)

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Rights as Shareholder. Until the stock certificate evidencing such Shares is issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a shareholder shall will exist with respect to the Optioned StockShares, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such stock certificate promptly after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 5.2 of the Plan.

Appears in 8 contracts

Samples: Award Agreement, Non Qualified Stock Option (MW Bancorp, Inc.), Award Agreement (MW Bancorp, Inc.)

Rights as Shareholder. Until the stock certificate evidencing such representing the Shares is issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company)issued, no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Optioned StockShares, notwithstanding the exercise of the Option. The Company Corporation shall issue (or cause to be issued) such stock certificate promptly after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 5.2 Article 10 of the Plan.

Appears in 6 contracts

Samples: Stock Option Award Agreement (CytoDyn Inc.), Stock Option Award Agreement (CytoDyn Inc.), Stock Option Award Agreement (Cytodyn Inc)

Rights as Shareholder. Until the stock certificate evidencing such Shares is issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a shareholder Shareholder shall exist with respect to the Optioned StockShares, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such stock certificate promptly after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior , subject to the date the stock certificate is issued, except as provided in Section 5.2 terms of the PlanOption Agreement.

Appears in 5 contracts

Samples: Option Agreement (Cellular Dynamics International, Inc.), Stock Option Agreement (Cellular Dynamics International, Inc.), Thomson Option Agreement (Cellular Dynamics International, Inc.)

Rights as Shareholder. Until the stock certificate evidencing such representing the Shares is issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company)issued, no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Optioned StockShares, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such stock certificate promptly after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 5.2 10 of the Plan.

Appears in 4 contracts

Samples: Stock Option Award Agreement (Cytodyn Inc), Stock Option Award Agreement (Cytodyn Inc), Stock Option Award Agreement (Naydenov Jordan G)

Rights as Shareholder. Until the stock certificate evidencing such Shares is issued issuance (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company)) of the stock certificate evidencing such Shares, no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Optioned Stock, notwithstanding the exercise of the Option. The Company A share certificate for the number of Shares so acquired shall issue (or cause be issued to be issued) such stock certificate promptly the Optionee as soon as practicable after exercise of the Option is exercisedOption. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 5.2 12 of the Plan.

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (First Horizon Pharmaceutical Corp), Security Agreement (Altera Corp), Option Agreement (Petes Brewing Co)

Rights as Shareholder. Until the stock certificate evidencing such Option Shares is issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Optioned StockOption Shares, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such stock certificate promptly after following the Option is exercisedexercise of the Option. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 5.2 of the Plan.

Appears in 2 contracts

Samples: Stock Purchase and Option Grant Agreement (Broadcast International Inc), Stock Transfer and Option Grant Agreement (Broadcast International Inc)

Rights as Shareholder. Until the stock certificate evidencing such the Shares is has been issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Optioned Stockany Shares, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such stock certificate promptly after the Option is exercised. No adjustment will be made for a any dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 5.2 of the Plan.

Appears in 2 contracts

Samples: Form of Incentive Stock Option Agreement (Opentv Corp), Incentive Stock Option Agreement (Opentv Corp)

Rights as Shareholder. Until the stock certificate evidencing such Shares is issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Optioned optioned Stock, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such stock certificate promptly after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 5.2 of the Plan.

Appears in 2 contracts

Samples: Long Term Incentive Plan (Flanders Corp), Long Term Incentive Plan (Flanders Corp)

Rights as Shareholder. Until the stock certificate evidencing such Shares is issued issuance (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company)) of the stock certificate evidencing such Shares, no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Optioned Stock, notwithstanding the exercise of the Option. The Company A share certificate for the number of Shares so acquired shall issue (or cause be issued to be issued) such stock certificate promptly the Optionee as soon as practicable after exercise of the Option is exercisedOption. No adjustment adjustments will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 5.2 12 of the Plan.

Appears in 2 contracts

Samples: Stock Option Agreement (Geoworks /Ca/), Stock Option Agreement (Geoworks /Ca/)

Rights as Shareholder. Until the stock certificate evidencing such Shares is issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Optioned Stock, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such stock certificate promptly after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 5.2 14 of the Plan.

Appears in 2 contracts

Samples: Option Agreement (Autobytel Inc), Autobytel Inc

Rights as Shareholder. Until the stock certificate evidencing such the Shares is has been issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Optioned Stockany Shares, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such stock certificate promptly after the Option is exercised. No adjustment will be made for a any dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 5.2 of the Plan.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Opentv Corp)

Rights as Shareholder. Until the stock certificate evidencing such Shares shares of Stock is issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a shareholder shall will exist with respect to the Optioned shares of Stock, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such stock certificate promptly after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 5.2 of the Plan.

Appears in 1 contract

Samples: Non Qualified Stock Option Award Agreement (Worthington Steel, Inc.)

Rights as Shareholder. Until the stock certificate evidencing such Shares is issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Optioned optioned Stock, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such stock certificate promptly after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 5.2 of the Plan. .

Appears in 1 contract

Samples: Long Term Incentive Plan (Flanders Corp)

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Rights as Shareholder. Until the stock certificate evidencing such Shares is issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Optioned optioned Stock, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such stock certificate promptly after alter the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 5.2 of the Plan.

Appears in 1 contract

Samples: Settlement Agreement (Clark Steven K)

Rights as Shareholder. Until the stock certificate evidencing such Shares is issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Optioned Stockshares subject to the Option, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such stock certificate promptly after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 5.2 of the Plan.

Appears in 1 contract

Samples: Form of Option Agreement (Autobytel Inc)

Rights as Shareholder. Until the stock certificate evidencing such Shares is issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Optioned StockShares, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such stock certificate promptly after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 5.2 10 of the Plan.

Appears in 1 contract

Samples: Equity Incentive Plan (Bakbone Software Inc)

Rights as Shareholder. Until the stock certificate evidencing such the Shares is issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Optioned StockShares, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such stock certificate promptly after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 5.2 of the Plan.

Appears in 1 contract

Samples: Stock Option Exercise Agreement (Gastar Exploration LTD)

Rights as Shareholder. Until the stock certificate evidencing such Shares is issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Optioned optioned Stock, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such stock certificate promptly after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 5.2 of the Plan.

Appears in 1 contract

Samples: Evans & Sutherland Computer Corp

Rights as Shareholder. Until the stock certificate evidencing such Shares is issued issuance (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company)) of the stock certificate evidencing such Shares, no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Optioned Stock, notwithstanding the exercise of the Option. The Company A share certificate for the number of Shares so acquired shall issue (or cause be issued to be issued) such stock certificate promptly the Optionee as soon as practicable after exercise of the Option is exercisedOption. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 5.2 19 of the Plan.

Appears in 1 contract

Samples: Equty Incentive Plan (Tripos Inc)

Rights as Shareholder. Until the stock certificate evidencing such Shares --------------------- is issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Optioned StockShares, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such stock certificate promptly after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 5.2 of the Plan.

Appears in 1 contract

Samples: Stock Option Agreement (Pilot Network Services Inc)

Rights as Shareholder. Until the stock certificate evidencing such Shares is issued issuance (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company)company) of the stock certificate evidencing such Shares, no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Optioned Stock, notwithstanding the exercise of the Option. The Company A share certificate for the number of Shares so acquired shall issue (or cause be issued to be issued) such stock certificate promptly the Purchaser as soon as practicable after exercise of the Option is exercisedOption. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 5.2 12 of the Plan.

Appears in 1 contract

Samples: Northern Empire Bancshares

Rights as Shareholder. Until the stock certificate evidencing such Shares is issued (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to the Optioned Stock, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such stock certificate promptly as soon as practicable after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificate is issued, except as provided in Section 5.2 12 of the Plan.

Appears in 1 contract

Samples: Stock Plan Stock Option Agreement (Interwoven Inc)

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