Rights Prior to Exercise. The Optionee shall have no rights whatsoever as a shareholder in respect of any of the shares subject to this Agreement (including any right to receive dividends or other distributions therefrom or thereon) other than in respect of shares in respect of which the Optionee shall have exercised his option to purchase hereunder and which the Optionee shall have actually taken up and paid for.
Appears in 8 contracts
Samples: Share Option Agreement (Trancom Industries Inc), Share Option Agreement (Trancom Industries Inc), Share Option Agreement (Trancom Industries Inc)
Rights Prior to Exercise. The Optionee shall have no rights whatsoever as a shareholder in with respect of to any Stock issued to the Optionee as a result of the shares subject to exercise of an Option under this Agreement (including and any right to receive Stock owned by the Optionee as a result of Stock splits, Stock dividends or other distributions therefrom or thereon) other than in respect otherwise on the Stock issued as a result of shares in respect the exercise of which an Option under this Agreement until the date of issuance of a share certificate to the Optionee shall have exercised his option to purchase hereunder and which the Optionee shall have actually taken up and paid forfor such Option Stock.
Appears in 2 contracts
Samples: Stock Option Agreement (Rockford Corp), Incentive Stock Option Agreement (Rockford Corp)
Rights Prior to Exercise. The Optionee shall will have no rights whatsoever as a shareholder in with respect to the Shares except to the extent that Optionee has exercised the Option and has been issued and received delivery of any of a certificate or certificates evidencing the shares subject to this Agreement (including any right to receive dividends or other distributions therefrom or thereon) other than in respect of shares in respect of which the Optionee shall have exercised his option to purchase hereunder and which the Optionee shall have actually taken up and paid forShares so purchased.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Direct Wireless Communications Inc), Non Qualified Stock Option Agreement (Direct Wireless Communications Inc)
Rights Prior to Exercise. The Optionee shall have no rights whatsoever as a shareholder in respect of any of the shares Optioned Shares subject to this Agreement (including any right to receive dividends or other distributions therefrom or thereon) other than in respect of shares Optioned Shares in respect of which the Optionee shall have exercised his option to purchase hereunder this Option and which the Optionee shall have actually taken up and paid for.
Appears in 1 contract
