Common use of Shareholder's Rights Clause in Contracts

Shareholder's Rights. Optionee shall have no rights as a shareholder with respect to any shares Optionee is entitled to purchase under this Option until the date of the issuance of a stock certificate for such shares. No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or distributions or other rights for which the record date is prior to the date of issuance of such certificate, except as provided in this Agreement or in the Plan.

Appears in 4 contracts

Samples: Option Agreement (Agouron Pharmaceuticals Inc), Option Agreement (Agouron Pharmaceuticals Inc), Option Agreement (Agouron Pharmaceuticals Inc)

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Shareholder's Rights. Optionee shall have no rights as a shareholder with respect to any shares Optionee is entitled to purchase under this Option until the date of the issuance of a stock certificate for such shares. No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or distributions or other rights for which the record date is prior to the date of issuance of such certificate, except as provided in this Agreement or in the Plan.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Agouron Pharmaceuticals Inc), Incentive Stock Option Agreement (Agouron Pharmaceuticals Inc)

Shareholder's Rights. Optionee shall have no rights as a shareholder with respect to any shares Optionee is entitled to purchase under this Option until the date Option is exercised and Optionee has become a record holder of the issuance of a stock certificate for such sharesshares underlying this Option. No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or distributions or other rights for which the record date is prior to the date of issuance of such certificate, except as provided in this Agreement or in the Plan.

Appears in 1 contract

Samples: Stock Option Agreement (Agouron Pharmaceuticals Inc)

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Shareholder's Rights. Optionee shall have no rights as a shareholder with respect to any shares Optionee is entitled to purchase under this Option until the date of the issuance of a stock certificate for such shares. No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or distributions or other rights for which the record date is prior to the date of issuance of such certificate, except as provided in this Agreement or in the PlanAgreement.

Appears in 1 contract

Samples: Non Plan Non Statutory Stock Option Agreement (Axonyx Inc)

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