Common use of Stockholder Status Clause in Contracts

Stockholder Status. The Optionee shall have no rights ------------------ as a stockholder with respect to any shares of Stock under this Option Agreement until certificates for such shares have been duly issued and delivered to the Optionee. Except as otherwise provided in Sections 10 or 11 hereof, the Company shall issue and deliver such certificate(s) promptly following the exercise of this Option as described in Section 5 hereof.

Appears in 12 contracts

Samples: Stock Option Agreement (Kentucky Investors Inc), Stock Option Agreement (Kentucky Investors Inc), Stock Option Agreement (Kentucky Investors Inc)

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