Common use of Consequences of Non-Delivery Clause in Contracts

Consequences of Non-Delivery. After the time at which the Offered Shares are required to be delivered to the Company for transfer to the Company pursuant to subsection (b) above, the Company shall not pay any dividend to the Participant on account of such Offered Shares or permit the Participant to exercise any of the privileges or rights of a stockholder with respect to such Offered Shares, but shall, insofar as permitted by law, treat the Company as the owner of such Offered Shares.

Appears in 132 contracts

Samples: Nonstatutory Stock Option Agreement (Cerulean Pharma Inc.), Employment Agreement (Aileron Therapeutics Inc), Option Award Agreement (Cerulean Pharma Inc.)

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Consequences of Non-Delivery. After the time at which the Offered Shares are required to be delivered to the Company for transfer to the Company pursuant to subsection (b) above, the Company shall not pay any dividend to the Participant on account of such Offered Shares or permit the Participant to exercise any of the privileges or rights of a stockholder with respect to such Offered Shares, but shall, insofar in so far as permitted by law, treat the Company as the owner of such Offered Shares.

Appears in 18 contracts

Samples: Agreement and Plan of Merger (Communicate Com Inc), Incentive Stock Option Agreement (Communicate Com Inc), Incentive Stock (Intercept Pharmaceuticals Inc)

Consequences of Non-Delivery. After the time at which the Offered Shares are required to be delivered to the Company for transfer to the Company pursuant to subsection (bSection 4(b) above, the Company shall not pay any dividend to the Participant on account of such Offered Shares or permit the Participant to exercise any of the privileges or rights of a stockholder with respect to such Offered Shares, but shall, insofar in so far as permitted by law, treat the Company as the owner of such Offered Shares.

Appears in 7 contracts

Samples: Stock Option Agreement (Microstrategy Inc), Stock Option Agreement (Microstrategy Inc), 2009 Stock Incentive Plan (Microstrategy Inc)

Consequences of Non-Delivery. After the time at which the Offered ------------------------------ Shares are required to be delivered to the Company for transfer to the Company pursuant to subsection (b) above, the Company shall not pay any dividend to the Participant on account of such Offered Shares or permit the Participant to exercise any of the privileges or rights of a stockholder with respect to such Offered Shares, but shall, insofar in so far as permitted by law, treat the Company as the owner of such Offered Shares.

Appears in 4 contracts

Samples: Stronghold Technologies Inc, Stronghold Technologies Inc, Stronghold Technologies Inc

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Consequences of Non-Delivery. After the time at which the Offered Shares are required to be delivered to the Company for transfer to the Company pursuant to subsection (bSection 4(b) above, the Company shall not pay any dividend to the Participant on account of such Offered Shares or permit the Participant to exercise any of the privileges or rights of a stockholder shareholder with respect to such Offered Shares, but shall, insofar in so far as permitted by law, treat the Company as the owner of such Offered Shares.

Appears in 3 contracts

Samples: Stealth Biotherapeutics Corp (Stealth BioTherapeutics Corp), Stealth Biotherapeutics Corp (Stealth BioTherapeutics Corp), Stealth Biotherapeutics Corp (Stealth BioTherapeutics Corp)

Consequences of Non-Delivery. After the time at which the Offered Shares are required to be delivered to the Company for transfer to the Company pursuant to subsection (b) above, the Company shall not pay any dividend to the Participant Optionee on account of such Offered Shares or permit the Participant Optionee to exercise any of the privileges or rights of a stockholder with respect to such Offered Shares, but shall, insofar in so far as permitted by law, treat the Company as the owner of such Offered Shares.

Appears in 1 contract

Samples: Stock Option Agreement (Sino Clean Energy Inc)

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