Stockholder's Rights. Until the valid exercise of this Option, Option Holder, by virtue of this Option, shall not be entitled to any rights of a stockholder of the Corporation; but immediately upon the exercise of this Option and upon payment as provided herein, the Option Holder shall be deemed a record holder of the Stock with respect to which this Option is exercised.
Appears in 6 contracts
Samples: Option Agreement (Dawson Production Services Inc), Option Agreement (Dawson Production Services Inc), Option Agreement (Dawson Production Services Inc)