Common use of Stockholder Status Clause in Contracts

Stockholder Status. The Optionee shall not be deemed for any purpose to be a stockholder of the Company with respect to any shares which may be acquired hereunder unless and until the Option shall have been exercised with respect thereto, payment made in full of the option price and a stock certificate issued therefor.

Appears in 4 contracts

Samples: Individual Stock Option Grant (Globus International Resources Corp), Globus International Resources Corp. (Globus International Resources Corp), Agreement Under 1997 Associate Stock Option Plan (Leading Edge Packaging Inc)

AutoNDA by SimpleDocs

Stockholder Status. The Optionee shall not be deemed for any purpose purposes to be a stockholder of the Company with respect to any shares which may be acquired hereunder unless and until except to the extent that the Option shall have been exercised with respect thereto, payment made in full of the option price and a stock certificate issued therefor.

Appears in 1 contract

Samples: Incentive Stock Option Plan (Leading Edge Packaging Inc)

AutoNDA by SimpleDocs

Stockholder Status. The Optionee shall not be deemed for any purpose to be a stockholder of the Company with respect to any shares which may be acquired hereunder unless and until the Option shall have been exercised with respect thereto, 4 payment made in full of the option price and a stock certificate issued therefor.

Appears in 1 contract

Samples: Individual Stock Option Grant (Globus International Resources Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!