Common use of Rights Prior to Exercise of Option Clause in Contracts

Rights Prior to Exercise of Option. The Optionee shall have no rights as a stockholder with respect to the shares of Common Stock subject to the Option until the exercise of his or her rights hereunder and the issuance and delivery to Optionee of a certificate or certificates evidencing such shares.

Appears in 6 contracts

Samples: Nonqualified Stock Option Agreement (Shaw Group Inc), Incentive Stock Option Agreement (Shaw Group Inc), Nonqualified Stock Option Agreement (Shaw Group Inc)

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Rights Prior to Exercise of Option. The Each Optionee shall not have no any rights as a stockholder with respect to any of the shares of Common Stock subject Optioned Securities prior to the Option until date on which the exercise Optionee is recorded as the holder of his or her rights hereunder and such Optioned Securities on the issuance and delivery to Optionee records of a certificate or certificates evidencing such sharesthe Company.

Appears in 2 contracts

Samples: Option Agreement (Wca Waste Corp), Option Agreement (LoConti Joseph E.)

Rights Prior to Exercise of Option. The Optionee shall not have no any rights as a stockholder with respect to any of the shares of Common Stock subject Optioned Securities prior to the Option until date on which the exercise Optionee is recorded as the holder of his or her rights hereunder and such Optioned Securities on the issuance and delivery to Optionee records of a certificate or certificates evidencing such sharesthe Company.

Appears in 2 contracts

Samples: Option Agreement (Wca Waste Corp), Option Agreement (Wca Waste Corp)

Rights Prior to Exercise of Option. The Optionee shall have no rights as a stockholder shareholder with respect to the shares of Common Stock Company stock subject to the Option until the exercise of his or her rights hereunder and the issuance and delivery to Optionee of a certificate or certificates evidencing such shares.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Cutter & Buck Inc), Non Qualified Stock Option Agreement (Cutter & Buck Inc)

Rights Prior to Exercise of Option. The Optionee shall have no rights as a stockholder with respect to the shares Option Shares until payment of Common Stock subject to the Option until the exercise of his or her rights hereunder and the issuance Purchase Price and delivery to Optionee him of a certificate or certificates evidencing such sharesStock as herein provided.

Appears in 1 contract

Samples: Stock Option Agreement (Constellation 3d Inc)

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Rights Prior to Exercise of Option. The Optionee shall have no rights as a stockholder with respect to the shares of Common Stock Shares subject to the Option until payment of the exercise of his or her rights hereunder and the issuance option price and delivery to Optionee of a certificate or certificates evidencing such sharesShares as herein provided.

Appears in 1 contract

Samples: Stock Option Agreement (Deltek Systems Inc)

Rights Prior to Exercise of Option. The Optionee shall have no rights as a stockholder with respect to the shares of Common Stock subject Shares except to the extent he has exercised the Option, paid the Option until the exercise price for such Shares, and received delivery of his or her rights hereunder and the issuance and delivery to Optionee of a certificate or certificates evidencing such sharesShares as herein provided.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Speizman Industries Inc)

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