Common use of Shareholder Rights Clause in Contracts

Shareholder Rights. The Optionee shall have no rights of a shareholder with respect to shares of Common Stock subject to the Option unless and until such time as the Option has been exercised and ownership of such shares of Common Stock has been transferred to the Optionee.

Appears in 59 contracts

Samples: Non Qualified Stock Option Agreement (Eagle Materials Inc), Non Qualified Stock Option Agreement (Eagle Materials Inc), Non Qualified Director Stock Option Agreement (Eagle Materials Inc)

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Shareholder Rights. The Optionee shall have no rights of a shareholder with respect to shares of Common Stock subject to the Option Shares unless and until such time as the Option has been exercised and ownership of such shares of Common Stock has have been transferred issued to the OptioneeOptionee in conjunction with the exercise of the Option.

Appears in 20 contracts

Samples: Nonqualified Stock Option Award Agreement (Marathon Oil Corp), Nonqualified Stock Option Award Agreement (Marathon Oil Corp), Nonqualified Stock Option Award Agreement (Marathon Oil Corp)

Shareholder Rights. The Optionee shall have no rights of not be deemed a shareholder of the Company with respect to shares any of the Common Stock Shares subject to the Option unless and until such time as Option, except to the Option has been exercised and ownership of extent that such shares of Common Stock has shall have been purchased and transferred to the Optionee.

Appears in 9 contracts

Samples: Stock Option Agreement (Herbalife Ltd.), Stock Option Agreement (Herbalife Ltd.), Stock Option Agreement (Herbalife Ltd.)

Shareholder Rights. The Neither the Optionee nor any other person entitled to exercise the Option under the terms hereof shall be, or have no any of the rights of or privileges of, a shareholder of the Company with respect to any of the shares of Common Stock subject to issuable on exercise of the Option Option, unless and until such time as the Option has been exercised and ownership purchase price of such shares of Common Stock has shall have been transferred to the Optioneepaid in full.

Appears in 3 contracts

Samples: Stock Option Agreement (Sparta Surgical Corp), Stock Option Agreement (Sparta Surgical Corp), Stock Option Agreement (Sparta Surgical Corp)

Shareholder Rights. The Optionee shall have no rights of a shareholder with respect to shares of Class B Common Stock subject to the Option unless and until such time as the Option has been exercised and ownership of such shares of Class B Common Stock has been transferred to the Optionee.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Eagle Materials Inc), Non Qualified Stock Option Agreement (Eagle Materials Inc), Non Qualified Director Stock Option Agreement (Eagle Materials Inc)

Shareholder Rights. The Optionee shall have no rights of a shareholder with respect to shares of Common Stock subject to the Option unless and until such time as the Option has been exercised and vested and ownership of such shares of Common Stock has been transferred to the Optionee.

Appears in 3 contracts

Samples: Nonqualified Stock Option Award Agreement (Reliant Energy Inc), Nonqualified Stock Option Award Agreement (Reliant Energy Inc), Nonqualified Stock Option Award Agreement (Centerpoint Energy Inc)

Shareholder Rights. The Optionee shall not have no rights of a right as a shareholder with respect to any shares of Common Stock subject to the Option unless and until such time as Options prior to the Option has been exercised and ownership purchase of such shares of Common Stock has been transferred to by exercise of the OptioneeOptions.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Graymark Healthcare, Inc.), Non Qualified Stock Option Agreement (Precis Smart Card Systems Inc)

Shareholder Rights. The Optionee Participant shall have no rights of a shareholder with respect to shares of Common Stock subject to the Option Shares unless and until such time as the Option has been exercised and ownership of such shares of Common Stock has have been transferred issued to the OptioneeParticipant in conjunction with the exercise of the Option.

Appears in 2 contracts

Samples: Nonqualified Stock Option Award Agreement (Marathon Petroleum Corp), Nonqualified Stock Option Award Agreement (Marathon Petroleum Corp)

Shareholder Rights. The Optionee shall have no rights of a shareholder with respect to shares of Common Stock subject to the Option Shares unless and until such time as the Option has been exercised and ownership of such shares of Common Stock has have been transferred issued to the Optionee.Optionee in conjunction with the exercise of the Option. SOPCA12 (May 2012) 2

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Marathon Oil Corp)

Shareholder Rights. The Optionee shall not have no rights of a right as a shareholder with respect to any shares of Common Stock subject to the Option unless and until such time as Options-prior to the Option has been exercised and ownership purchase of such shares of Common Stock has been transferred to by exercise of the OptioneeOptions.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Precis Smart Card Systems Inc)

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Shareholder Rights. The Optionee shall have no rights of a shareholder with respect to shares of Common Stock subject to the Option (and without limiting the generality of the foregoing, no fiduciary duty shall be owed to the holder of the Option as such), whether or not exercisable, unless and until such time as the Option has been exercised and ownership of such shares of Common Stock has been transferred to the Optionee.

Appears in 1 contract

Samples: Stock Option Agreement (Eagle Broadband Inc)

Shareholder Rights. The Optionee shall have no rights of a shareholder with respect to shares of Common Stock subject to the Option Shares unless and until such time as the Option has been exercised and ownership of such shares of Common Stock has have been transferred issued to the Optionee.Optionee in conjunction with the exercise of the Option. SOPO12 (May 2012) 2

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Marathon Oil Corp)

Shareholder Rights. The Optionee shall not have no any of the rights of a shareholder stockholder with respect to shares of Common Stock subject to the Option unless and Shares until such time as the Option has shares have been exercised and ownership issued after the due exercise of such shares of Common Stock has been transferred to the OptioneeOption.

Appears in 1 contract

Samples: Stock Option Award Agreement (Franchise Group, Inc.)

Shareholder Rights. The Optionee shall not have no any rights of as a shareholder with respect to shares of Common Stock subject to this Option until the Option unless and until such time as issuance of the Option has been exercised and ownership of such shares of the Common Stock has been transferred to upon exercise of the OptioneeOption.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (National Holdings Corp)

Shareholder Rights. The Optionee shall have no rights of a shareholder with respect to shares of Common Stock Shares subject to the Option unless and until such time as the Option has been exercised and ownership of such shares of the Common Stock Shares as to which the Option has been exercised has been transferred to the Optionee.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Motive Inc)

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