Common use of Rights in Shares Prior to Issuance Clause in Contracts

Rights in Shares Prior to Issuance. Prior to issuance of certificates for shares of Common Stock, neither the Optionee nor the legatees, personal representatives or distributees of the Optionee, shall be deemed to be a holder of any shares of Common Stock subject to option.

Appears in 2 contracts

Samples: Non Qualified Stock Option Award Agreement (Summit Healthcare REIT, Inc), Incentive Stock Option Award Agreement (Summit Healthcare REIT, Inc)

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Rights in Shares Prior to Issuance. Prior to issuance of certificates for shares of Common Stock, neither the Optionee nor the his legatees, personal representatives representatives, or distributees of the Optioneedistributees, shall be deemed to be a holder of any shares of Common Stock subject to option.

Appears in 2 contracts

Samples: Non Qualified Stock Option Plan Agreement (Brown Shoe Co Inc), Incentive Stock Option Agreement (Brown Shoe Co Inc)

Rights in Shares Prior to Issuance. Prior to issuance of certificates for shares of Common Stock, neither the Optionee Optionee, nor the legatees, personal representatives or distributees of the Optionee, shall be deemed to be a holder of any shares of Common Stock subject to option.

Appears in 1 contract

Samples: Incentive Stock Option Award Agreement (Summit Healthcare REIT, Inc)

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Rights in Shares Prior to Issuance. Prior to issuance of certificates for shares of Common Stock, neither the Optionee nor the his or her legatees, personal representatives representatives, or distributees of the Optioneedistributees, shall be deemed to be a holder of any shares of Common Stock subject to optionthis Option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Reinsurance Group of America Inc)

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