Common use of Shares Not Outstanding Clause in Contracts

Shares Not Outstanding. Prior to issuance, the Shares are not deemed to be outstanding for any purpose and Optionee shall have no voting, preemptive or other shareholder rights with respect to such Shares.

Appears in 4 contracts

Samples: Stock Option Agreement (Hanover Compressor Co /), Stock Option Agreement (Hanover Compressor Co /), Stock Option Agreement (Hanover Compressor Co /)

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Shares Not Outstanding. Prior to issuance, the Shares are not deemed to be outstanding for any purpose and Optionee shall have no voting, preemptive or other shareholder rights with respect to such the Shares.

Appears in 1 contract

Samples: Stock Option Agreement (Hanover Compressor Co /)

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Shares Not Outstanding. Prior to issuanceissuance upon the exercise of the Option, the Shares are not deemed to be outstanding for any purpose and Optionee shall have no voting, preemptive or other shareholder rights with respect to such Shares.

Appears in 1 contract

Samples: Stock Option Agreement (Hanover Compressor Co /)

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