Common use of Shareholder's Rights Clause in Contracts

Shareholder's Rights. Except for transfers pursuant to Section 11(a) above or in the event of the Optionee's death as provided in Section 16 below, this Option is non-transferable by the Optionee. On any attempt to transfer or otherwise dispose of this Option other than pursuant to the terms hereof, this Option shall immediately become null and void. The Optionee shall have no rights as a shareholder with respect to the Common Shares until payment of the Option price and delivery to the Optionee of the Common Shares as provided herein.

Shareholder's Rights. Except for transfers pursuant to Section 11(a10(a) above or in the event of the Optionee's death as provided in Section 16 14 below, this Option is non-transferable by the Optionee. On any attempt to transfer or otherwise dispose of this Option other than pursuant to the terms hereof, this Option shall immediately become null and void. The Optionee shall have no rights as a shareholder with respect to the Common Shares until payment of the Option price and delivery to the Optionee of the Common Shares as provided herein.

Shareholder's Rights. Except for transfers pursuant to Section 11(a) above or in the event of the Optionee's death as provided in Section 16 15 below, this Option is non-transferable by the Optionee. On any attempt to transfer or otherwise dispose of this Option other than pursuant to the terms hereof, this Option shall immediately become null and void. The Optionee shall have no rights as a shareholder with respect to the Common Shares until payment of the Option price and delivery to the Optionee of the Common Shares as provided herein.