Common use of Employment or Other Relationship; Rights as Shareholder Clause in Contracts

Employment or Other Relationship; Rights as Shareholder. This Agreement shall not confer on Participant any right with respect to the continuance of employment or any other relationship with the Company or any of its Subsidiaries, nor will it interfere in any way with the right of the Company to terminate such employment or relationship. Participant shall have no rights as a shareholder with respect to shares subject to this Option until such shares have been issued to Participant upon exercise of this Option. No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property), distributions or other rights for which the record date is prior to the date such shares are issued, except as provided in Section 14 of the Plan.

Appears in 9 contracts

Samples: Nonqualified Stock Option Agreement (Spectrascience Inc), Nonqualified Stock Option Agreement (Talon Therapeutics, Inc.), Nonqualified Stock Option Agreement (Surmodics Inc)

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Employment or Other Relationship; Rights as Shareholder. This Agreement shall not confer on Participant any right with respect to the continuance of employment or any other relationship with the Company or any of its Subsidiaries, nor will it interfere in any way with the right of the Company to terminate such employment or relationship. Participant shall have no rights as a shareholder with respect to shares subject to this Option until such shares have been issued to Participant upon exercise of this Option. No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property), distributions or other rights for which the record date is prior to the date such shares are issued, except as provided in Section 14 15 of the Plan.

Appears in 5 contracts

Samples: Incentive Stock Option Agreement (BIO-TECHNE Corp), Director Nonqualified Stock Option Agreement (BIO-TECHNE Corp), Employee Nonqualified Stock Option Agreement (BIO-TECHNE Corp)

Employment or Other Relationship; Rights as Shareholder. This Agreement shall not confer on Participant any right with respect to the continuance of employment or any other relationship with the Company or any of its Subsidiaries, nor will it interfere in any way with the right of the Company to terminate such employment or relationship. Participant shall have no rights as a shareholder with respect to shares subject to this Option Shares until such shares Option Shares have been issued to Participant upon exercise of this Option. No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property), distributions or other rights for which the record date is prior to the date such shares Option Shares are issued, except as provided in Section 14 11.6 of the Plan.

Appears in 4 contracts

Samples: Stock Option Agreement (Arno Therapeutics, Inc), Stock Option Agreement (Arno Therapeutics, Inc), Stock Option Agreement (Arno Therapeutics, Inc)

Employment or Other Relationship; Rights as Shareholder. This Agreement shall not confer on Participant any right with respect to the continuance of employment or any other relationship with the Company or any of its SubsidiariesAffiliates, nor will it interfere in any way with the right of the Company to terminate such employment or relationship. Participant shall have no rights as a shareholder with respect to shares subject to this Option until such shares have been issued to Participant upon exercise of this Option. No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property), distributions or other rights for which the record date is prior to the date such shares are issued, except as provided in Section 14 of the Plan.

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (Analysts International Corp), Incentive Stock Option Agreement (Analysts International Corp), Employment Agreement (Analysts International Corp)

Employment or Other Relationship; Rights as Shareholder. This Agreement shall not confer on Participant any right with respect to the continuance of employment or any other relationship with by the Company or any of its Subsidiaries, nor will it interfere in any way with the right of the Company to terminate such employment or relationship. Participant shall have no rights as a shareholder with respect to shares subject to this Option SAR until such shares shares, if any, have been issued to Participant upon exercise of this OptionParticipant. No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property), distributions or other rights for which the record date is prior to the date such shares are issued, except as provided in Section 14 of the Plan.

Appears in 3 contracts

Samples: Stock Appreciation Rights Agreement (Cardiovascular Systems Inc), Stock Appreciation Rights Agreement (Surmodics Inc), Stock Appreciation Rights Agreement (Cardiovascular Systems Inc)

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Employment or Other Relationship; Rights as Shareholder. This Agreement shall not confer on Participant any right with respect to the continuance of employment or any other relationship with the Company or any of its Subsidiaries, nor will it interfere in any way with the right of the Company to terminate such employment or relationship. Participant shall have no rights as a shareholder with respect to shares subject to this the Option Shares until such shares Option Shares have been issued to Participant upon exercise of this Option. No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property), distributions or other rights for which the record date is prior to the date such shares Option Shares are issued, except as provided in Section 14 of the Plan.

Appears in 1 contract

Samples: Employment Agreement (Kite Pharma, Inc.)

Employment or Other Relationship; Rights as Shareholder. This Agreement shall not confer on Participant any right with respect to the continuance of employment or any other relationship with the Company or any of its Subsidiaries, nor will it interfere in any way with the right of the Company to terminate such employment or relationship. Participant shall have no rights as a shareholder with respect to shares subject to this the Option Shares until such shares Option Shares have been issued to Participant upon exercise of this Option. No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property), distributions or other rights for which the record date is prior to the date such shares Option Shares are issued, except as provided in Section 14 11.6 of the Plan.

Appears in 1 contract

Samples: Stock Option Agreement (Arno Therapeutics, Inc)

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