Common use of Rights of Optionee Clause in Contracts

Rights of Optionee. Optionee shall not have the rights of a shareholder with respect to the shares of stock subject to this Option until issuance of shares pursuant to exercise of the Option.

Appears in 4 contracts

Samples: Stock Option Agreement (Micro Component Technology Inc), Stock Option Agreement (Micro Component Technology Inc), Stock Option Agreement (Micro Component Technology Inc)

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Rights of Optionee. The Optionee shall not have the any rights to dividends or any other rights of a shareholder stockholder with respect to any Option Shares until such Option Shares shall have been issued to Optionee (as evidenced by the shares of stock subject to this Option until issuance of shares pursuant to exercise appropriate entry on the transfer books of the OptionCompany).

Appears in 3 contracts

Samples: Joint Venture Agreement (Winwin Gaming Inc), Joint Venture Agreement (Winwin Gaming Inc), Securities Agreement (Winwin Gaming Inc)

Rights of Optionee. The Optionee shall not have the any rights to dividends or any other rights of a shareholder stockholder with respect to any Option Shares until such Option Shares shall have been issued to Optionee (as evidenced by the shares appropriate entry on the transfer books of stock subject to this the Company) upon purchase of such Option until issuance of shares pursuant to Shares upon exercise of the Option.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Unisource Energy Corp), Securities Agreement (Millennium Quest Inc)

Rights of Optionee. The Optionee shall not have the rights of a shareholder stockholder with respect to the shares of the stock subject to this Option option until issuance of shares to him pursuant to exercise of the Option.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Northern Oil & Gas, Inc.), Nonqualified Stock Option Agreement (Insignia Systems Inc/Mn)

Rights of Optionee. Optionee shall not have the rights of a shareholder with respect to the shares of stock subject to this Option these Options until issuance of the shares pursuant to the exercise of the OptionOptions.

Appears in 2 contracts

Samples: Stock Option Agreement (Veritec Inc), Stock Option Agreement (Veritec Inc)

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Rights of Optionee. The Optionee shall not have none of the rights of a shareholder of Company with respect to the shares of stock subject to this Option the option granted herein until issuance of a certificate or certificates for such shares pursuant to shall have been issued upon the exercise of the Optionthis option.

Appears in 2 contracts

Samples: Stock Option Agreement (McNamee George C), Stock Option Agreement (Goldberg Alan P)

Rights of Optionee. Optionee shall not have the rights of a shareholder stockholder with respect to the shares of the stock subject to this Option until issuance of shares to him pursuant to exercise of the Option. Nothing in this Agreement shall be construed to confer on Optionee the right to continued employment with the Company or any of its subsidiaries, or to interfere with the rights of the employer in any way.

Appears in 1 contract

Samples: Employee Stock Option Agreement (Micro Component Technology Inc)

Rights of Optionee. Neither the Optionee nor any other person having the right to exercise the Option shall not have any rights as a stockholder of the rights of a shareholder Company with respect to the shares of stock Common Stock of the Company subject to this the Option until the issuance of a stock certificate to the Optionee or such other person for such shares pursuant to exercise of in accordance with the OptionPlan.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (CSG Systems International Inc)

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