Common use of Rights of Optionee Clause in Contracts

Rights of Optionee. The Optionee will have no rights as a shareholder of the Company with respect to the grant of the Option under this Agreement until and to the extent the Option is exercised and the Company issues shares of Stock to the Optionee.

Rights of Optionee. The Optionee will shall have no rights as a shareholder stockholder of the Company with respect to the grant any Shares of the Option under this Agreement until and to the extent Company covered by the Option is exercised until (a) the Optionee has given written notice of exercise of the Option, (b) the Optionee has paid in full for such Shares and, if applicable, satisfied any other conditions imposed by the Administrator and (c) the Company issues shares date of Stock issuance of a certificate to the Optioneehim evidencing such Shares.

Rights of Optionee. The Optionee will shall have no rights as a shareholder of the Company with respect to the grant any of the Shares until (a) the Optionee has given written notice of exercise of the Option, (b) the Optionee has paid the aggregate Option under this Agreement until Price in full for such Shares and, if applicable, satisfied any other conditions imposed by the Administrator and (c) the date of issuance of a certificate to the extent the Option is exercised and the Company issues shares of Stock to the OptioneeOptionee evidencing such Shares.

Rights of Optionee. The Optionee will have no rights as a shareholder of the Company with respect to the grant of the Option under this Agreement until and to the extent the Option is exercised and the Company issues shares of Stock to the Optionee.

Rights of Optionee. The Optionee will shall not have no any rights as a shareholder stockholder of the Company with respect to the grant by virtue of the Option under this Agreement until and to the extent date of issue of the Option is exercised and certificate or certificates for the Company issues shares of Stock purchased by Optionee pursuant to exercise of the Option. The Option or any right of Optionee hereunder to purchase shares of Stock may not be sold, pledged, assigned or transferred by Optionee otherwise than by will or the laws of descent and distribution, and such Option shall be exercisable, during Optionee’s lifetime, only by Optionee.

Rights of Optionee. The Optionee will Optionee, as such, shall not be, and not have no any of the rights as or privileges of a shareholder of the Company with in respect to the grant of the any Option under this Agreement Shares unless and until such Option Shares 3 shall have been subscribed by Optionee, and to the extent the Option is exercised and delivered by the Company issues shares of Stock to the OptioneeOptionee in accordance with this Agreement.

Rights of Optionee. The Optionee will does not have no any of the rights as or privileges of a shareholder stockholder of the Company with in respect to the grant of any of the shares issuable upon the exercise of this Option under this Agreement unless and until certificates representing the shares shall have been issued and to the extent the Option is exercised and delivered; except that the Company issues shares shall supply the Optionee with all financial information and other reports which the Company furnished its stockholders during the period any portion of Stock to the Optioneethis Option remains outstanding.

Rights of Optionee. The Optionee will Optionee, as such, shall not be and not have no any of the rights as or privileges of a shareholder of the Company in respect of any Option Shares unless and until such Option Shares shall have been transferred to him in accordance with respect this Agreement, and no adjustment will be made for dividends or other rights for which the record date is prior to the grant of date the Option under this Agreement until and to the extent the Option is exercised and the Company issues shares of Stock to the Optioneewas exercised.