Common use of Shareholder’s Rights and Dividends Clause in Contracts

Shareholder’s Rights and Dividends. Employee will have no rights as a shareholder, and will not be entitled to any dividends declared or paid, with respect to any Share underlying an Option unless and until such Share is issued to Employee upon the proper exercise of such Option.

Appears in 12 contracts

Samples: Stock Option Agreement (Gleacher & Company, Inc.), Stock Option Agreement (Gleacher & Company, Inc.), Inducement Stock Option Agreement (Gleacher & Company, Inc.)

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