Status of Option Shares. Option Shares purchased pursuant to any exercise of the Option shall, upon delivery to the Option Holder, rank equally in all respects with the other shares of the voting Common Stock, but shall not carry any option or other right to subscribe for additional shares of Common Stock.
Appears in 4 contracts
Samples: Service Agreement (Axis Capital Holdings LTD), Employment Agreement (Axis Capital Holdings LTD), Employment Agreement (Axis Capital Holdings L)