Common use of Rights of Optionee Clause in Contracts

Rights of Optionee. The Optionee shall have no rights as a stockholder with respect to any shares of Common Stock covered by an Option until the Optionee shall have become the holder of record of such shares and no adjustments shall be made for dividends or other distributions or other rights as to which there is a record date preceding the date the Optionee becomes the holder of record of such shares.

Rights of Optionee. The Optionee shall have no rights as a stockholder with respect to any shares of Common Stock covered by an the Stock Option until the Optionee shall have become the holder of record of such shares and no adjustments shall be made for dividends or other distributions or other rights as to which there is a record date preceding the date the Optionee becomes the holder of record of such shares.

Rights of Optionee. The Optionee No person shall have no any rights as a stockholder with respect to any shares of Common Stock covered by an Option until the Optionee shall have become date of the holder issuance of record of such a stock certificate(s) for the shares and no for which the Option has been exercised. No adjustments shall be made for dividends or other distributions or other rights as to for which there is a the record date preceding is prior to the date the Optionee becomes the holder of record of such sharesstock certificate(s) are issued.