Common use of Rights of Option Holder Clause in Contracts

Rights of Option Holder. Employee, as holder of the Option, shall not have any of the rights of a shareholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her upon the due exercise of all or any part of the Option.

Appears in 19 contracts

Samples: Non Qualified Stock Option Agreement (Predictive Oncology Inc.), Non Qualified Stock Option Agreement (Table Trac Inc), Non Qualified Stock Option Agreement (Skyline Medical Inc.)

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Rights of Option Holder. EmployeeOptionee, as holder of the Option, shall not have any of the rights of a shareholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her upon the due exercise of all or any part of the Option.

Appears in 7 contracts

Samples: Stock Option Agreement (Cougar Biotechnology, Inc.), Stock Option Agreement (Velcera, Inc.), Stock Option Agreement (Spectre Gaming Inc)

Rights of Option Holder. Employee, as As holder of the Option, Optionee shall not have any of the rights of a shareholder stockholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her Optionee upon the due exercise of all or any part of the Option.

Appears in 5 contracts

Samples: Executive Stock Option Agreement (GWG Holdings, Inc.), Executive Stock Option Agreement (GWG Holdings, Inc.), Stock Option Agreement (GWG Life, LLC)

Rights of Option Holder. Employee, as As holder of the Option, Optionee shall not have any of the rights of a shareholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her Optionee upon the due exercise of all or any part of the Option.

Appears in 4 contracts

Samples: Stock Option Agreement (Mills Richard C), Stock Option Agreement (Creative Realities, Inc.), Stock Option Agreement (Creative Realities, Inc.)

Rights of Option Holder. EmployeeOptionee, as holder of the Option, shall not have any of the rights of a shareholder stockholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her upon the due exercise of all or any part of the Option.

Appears in 4 contracts

Samples: Stock Option Agreement (El Capitan Precious Metals Inc), Stock Option Agreement (El Capitan Precious Metals Inc), Stock Option Agreement (El Capitan Precious Metals Inc)

Rights of Option Holder. EmployeeDirector, as holder of the Option, shall not have any of the rights of a shareholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her upon the due exercise of all or any part of the Option.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Predictive Oncology Inc.), Non Qualified Stock Option Agreement (Table Trac Inc), Non Qualified Stock Option Agreement (Skyline Medical Inc.)

Rights of Option Holder. Employee, as holder of the Option, shall not have any of the rights of a shareholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her upon the due exercise of all or any part of the Option.

Appears in 2 contracts

Samples: Option Agreement (Famous Dave S of America Inc), Option Agreement (Rainforest Cafe Inc)

Rights of Option Holder. EmployeeExecutive, as holder of the Option, shall not have any of the rights of a shareholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her upon the due exercise of all or any part of the Option.

Appears in 2 contracts

Samples: Stock Option Agreement (Wits Basin Precious Minerals Inc), Stock Option Agreement (Wits Basin Precious Minerals Inc)

Rights of Option Holder. EmployeeDirector, as a holder of the Option, shall not have any of the rights of a shareholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her Director upon the due exercise of all or any part of the Option.

Appears in 2 contracts

Samples: Option Agreement (Golden Entertainment, Inc.), Option Agreement (Lakes Entertainment Inc)

Rights of Option Holder. EmployeeDirector and Director's permitted assignees or transferees, as holder of the Option, shall not have any of the rights of a shareholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her upon the due exercise of all or any part portion of the Option. This Agreement shall not confer on Director any right to continue serving as a member of the Board.

Appears in 1 contract

Samples: Stock Option Agreement (Global Traffic Network, Inc.)

Rights of Option Holder. EmployeeDirector, as holder of the Option, shall not have any of the rights of a shareholder with respect to the Shares shares covered by the Option except to the extent that one or more certificates for such Shares shares shall be delivered to him or her upon the due exercise of all or any part of the Optionoption.

Appears in 1 contract

Samples: Option Agreement (Osmonics Inc)

Rights of Option Holder. EmployeeThe Director, as holder of the Option, shall not have any of the rights of a shareholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her upon the due exercise of all or any part portion of the Option.

Appears in 1 contract

Samples: Stock Option Agreement (Lincoln Gold Corp)

Rights of Option Holder. EmployeeExecutive, as holder of the Option, shall not have any of the rights of a shareholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her his upon the due exercise of all or any part of the Option.

Appears in 1 contract

Samples: Nortech Systems Incorporated (Nortech Systems Inc)

Rights of Option Holder. Employee, as holder of the Option, shall not have any of the rights of a shareholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her upon the due exercise of all or any part portion of the Option.

Appears in 1 contract

Samples: Stock Option Agreement (Global Traffic Network, Inc.)

Rights of Option Holder. EmployeeThe Consultant, as holder of the Option, shall not have any of the rights of a shareholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her upon the due exercise of all or any part portion of the Option.

Appears in 1 contract

Samples: Stock Option Agreement (Lincoln Gold Corp)

Rights of Option Holder. EmployeeOption Holder, as holder of the Option, shall not have any of the rights of a shareholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her upon the due exercise of all or any part of the Option.

Appears in 1 contract

Samples: Director Stock Option Agreement (Ballistic Recovery Systems Inc)

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Rights of Option Holder. Employee, Employee as holder of the Option, shall not have any of the rights of a shareholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her upon the due exercise of all or any part of the Option.

Appears in 1 contract

Samples: Stock Option Agreement (Predictive Oncology Inc.)

Rights of Option Holder. The Employee, as holder of the Option, shall not have any of the rights of a shareholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her upon the due exercise of all or any part portion of the Option.

Appears in 1 contract

Samples: Stock Option Agreement (Lincoln Gold Corp)

Rights of Option Holder. EmployeeDirector, as holder of the Option, shall not have any of the rights of a shareholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her upon the due exercise of all or any part of the Option.

Appears in 1 contract

Samples: Non Employee Director Stock Option Agreement (Nazarenko Alex)

Rights of Option Holder. 9. The Employee, as holder of the Option, shall not have any of the rights of a shareholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her upon the due exercise of all or any part portion of the Option.

Appears in 1 contract

Samples: Stock Option Agreement (Turinco Inc)

Rights of Option Holder. Employee7. The Consultant, as holder of the Option, shall not have any of the rights of a shareholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her upon the due exercise of all or any part portion of the Option.

Appears in 1 contract

Samples: Stock Option Agreement (MGN Technologies, Inc.)

Rights of Option Holder. Employee9. The Consultant, as holder of the Option, shall not have any of the rights of a shareholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her upon the due exercise of all or any part portion of the Option.

Appears in 1 contract

Samples: Stock Option Agreement (Turinco Inc)

Rights of Option Holder. Employee, as holder of the Option, shall not have any of the rights of a shareholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her upon the due exercise of all or any part portion of the Option.

Appears in 1 contract

Samples: Stock Option Agreement (WPT Enterprises Inc)

Rights of Option Holder. EmployeeDirector, as holder of the Option, shall not have any of the rights of a shareholder stockholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her upon the due exercise of all or any part of the Option.

Appears in 1 contract

Samples: Stock Option Agreement (VioQuest Pharmaceuticals, Inc.)

Rights of Option Holder. EmployeeExecutive, as holder of the Option, shall not have any of the rights of a shareholder stockholder with respect to the Shares covered by the Option except to the extent that one or more certificates for such Shares shall be delivered to him or her upon the due exercise of all or any part of the Option.

Appears in 1 contract

Samples: Stock Option Agreement (Standard Gold)

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