Status of Optionee. The Optionee shall have no rights as a shareholder with respect to shares covered by the Option until the date of issuance of stock certificates to the Optionee and only after such shares are fully paid. The Option shall not confer upon the Optionee the right to continue as a director of the Company.
Appears in 5 contracts
Samples: Company 2004 Equity Incentive Plan (Gehl Co), Banta Corporation Equity Incentive Plan (Banta Corp), Company 1995 Stock Option Plan Stock Option Agreement (Gehl Co)
Status of Optionee. The Optionee shall have no rights as a shareholder with respect to shares Optioned Shares covered by the Option until the date of issuance of stock certificates to the Optionee and only after such shares are fully paid. The Option shall not confer upon the Optionee the right to continue as a director an employee of the Company.
Appears in 1 contract
Samples: Nonstatutory Stock Option Agreement (Poore Brothers Inc)
Status of Optionee. The Optionee shall have no rights as a shareholder with respect to shares Optioned Shares covered by the Option until the date of issuance of stock certificates to the Optionee and only after such shares are fully paid. The Option shall not confer upon the Optionee the right to continue as a director of the Company.
Appears in 1 contract
Samples: Nonstatutory Stock Option Agreement (Effective Management Systems Inc)
