Common use of Rights of Option Holder Clause in Contracts

Rights of Option Holder. Optionee, as holder of the Option, shall not have any of the rights of a shareholder with respect to the Shares covered by the Option unless and until such time, and to the extent, Optionee validly exercises all or any part of the Option.

Appears in 2 contracts

Samples: Stock Option Agreement (Puredepth, Inc.), Stock Option Agreement (Puredepth, Inc.)

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Rights of Option Holder. Optionee, as solely by virtue of being the holder of the Option, shall not have any of the rights of a shareholder stockholder with respect to the Shares covered by the Option unless and until such time, and except to the extent, Optionee validly exercises 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 (Kuhlman Company, Inc)

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

Appears in 1 contract

Samples: Stock Option Agreement (Western Capital Resources, Inc.)

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Rights of Option Holder. Optionee, 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 unless and until such time, and except to the extent, Optionee validly exercises extent that one or more certificates for such Shares shall be delivered to 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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