Common use of Rights of Participants Clause in Contracts

Rights of Participants. No Participant shall have any rights as a shareholder with respect to any shares of Common Stock covered by an Option until the date of issuance of a stock certificate for such Common Stock. Nothing contained herein or in any Award Agreement confers on any person any right to continue in the employ or service of the Holding Company or an Affiliate or interferes in any way with the right of the Holding Company or an Affiliate to terminate a Participant's services.

Appears in 9 contracts

Samples: 1997 Stock Based Incentive Plan (Firstfed America Bancorp Inc), Stock Based Incentive Plan (Bayonne Bancshares Inc), Stock Based Incentive Plan (Pulaski Financial Corp)

AutoNDA by SimpleDocs

Rights of Participants. No Participant shall have any rights as a shareholder with respect to any shares of Common Stock covered by an Option until the date of issuance of a stock certificate for such Common Stock. Nothing contained herein or in any Award Agreement confers on any person any right to continue in the employ or service of the Holding Company or an Affiliate any subsidiary corporation or interferes in any way with the right of the Holding Company or an Affiliate any subsidiary corporation to terminate a Participant's services.

Appears in 3 contracts

Samples: Long Term Incentive Plan (Standex International Corp/De/), 1998 Long Term Incentive Plan (Standex International Corp/De/), 1998 Long Term Incentive Plan (Standex International Corp/De/)

Rights of Participants. No Participant shall have any rights as a shareholder with respect to any shares of Common Stock covered by an Option until the date of issuance of a stock certificate for such Common Stock. Nothing contained herein or in any Award Agreement confers on any person any right to continue in the employ or service of the Holding Company Corporation or an Affiliate or interferes in any way with the right of the Holding Company Corporation or an Affiliate to terminate a Participant's employment or services.

Appears in 2 contracts

Samples: 2012 Stock Option Plan (Tf Financial Corp), 2005 Stock Based Incentive Plan (Tf Financial Corp)

Rights of Participants. No Participant shall have any rights as a shareholder with respect to any shares of Common Stock covered by an Option until the date of issuance of a stock certificate for such Common Stock. Nothing contained herein or in any Award Agreement confers on any person any right to continue in the employ or service of the Holding Company or an Affiliate or interferes in any way with the right of the Holding Company or an Affiliate to terminate a Participant's services.

Appears in 1 contract

Samples: Management Stock Incentive Plan (Kollmorgen Corp)

AutoNDA by SimpleDocs

Rights of Participants. No Participant shall have any rights as a shareholder with respect to any shares of Common Stock covered by an Option until the date of issuance of a stock certificate for such Common Stock. Nothing contained herein or in any Award Agreement confers on any person any right to continue in the employ or service of the Holding Company Bank or an Affiliate or interferes in any way with the right of the Holding Company Bank or an Affiliate to terminate a Participant's services.

Appears in 1 contract

Samples: Stock Based Incentive Plan (Pulaski Bancorp Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!