Common use of Rights Prior to Exercise Clause in Contracts

Rights Prior to Exercise. Participant will have no rights as a shareholder with respect to the Shares except to the extent that Participant has exercised the Option and has been issued and received delivery of a certificate or certificates evidencing the Shares so purchased.

Appears in 25 contracts

Samples: Nonqualified Stock Option Agreement (Alpha Healthcare Acquisition Corp.), Incentive Stock Option Agreement (Alpha Healthcare Acquisition Corp.), Incentive Stock Option Agreement (MobileSmith, Inc.)

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Rights Prior to Exercise. Participant will have no rights as a shareholder with respect to the Shares except to the extent that Participant has exercised the Option and has been issued and received delivery of a certificate or certificates evidencing the Shares so purchasedOption.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Alpha Healthcare Acquisition Corp.), Incentive Stock Option Agreement (Alpha Healthcare Acquisition Corp.)

Rights Prior to Exercise. Participant will have no rights as a shareholder with respect to the any Shares except to the extent that Participant has exercised the Option and paid the purchase price for the Shares purchased and the Company has been duly issued and received delivery of a certificate or certificates evidencing the Shares so purchased.

Appears in 1 contract

Samples: Stock Option Award Agreement (Cree Inc)

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Rights Prior to Exercise. Participant will have no rights as ------------------------ a shareholder with respect to the Shares except to the extent that Participant has exercised the Option and has been issued and received delivery of a certificate or certificates evidencing the Shares so purchased.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Applied Micro Circuits Corp)

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