Limited Interest. (a) The Optionee has no rights as a stockholder as a result of the grant of the option until this option is exercised, the exercise price and applicable withholding taxes are paid, and the shares issued.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement, Snap on Incorporated Combined Incentive Stock Option and Non Qualified Stock Option Agreement (Snap on Inc), Snap on Incorporated Non Qualified Stock Option Agreement (Snap on Inc)
Limited Interest. (a) a. The Optionee has shall have no rights as a stockholder shareholder as a result of the grant of the option until this option is exercised, the exercise price and applicable withholding taxes are paid, and the shares issuedare issued thereunder.
Appears in 4 contracts
Samples: Incentive Stock Option Agreement (Manitowoc Co Inc), Non Qualified Stock Option Agreement (Manitowoc Co Inc), Non Qualified Stock Option Agreement (Manitowoc Co Inc)
Limited Interest. (a) a. The Optionee has shall have no rights as a stockholder shareholder as a result of the grant of the option until this option is exercised, the exercise price and applicable withholding taxes are paid, and the shares issuedissued thereunder.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Superior Uniform Group Inc), Incentive Stock Option Agreement (Superior Uniform Group Inc)
Limited Interest. (a) The Optionee has shall have no rights as a stockholder shareholder as a result of the grant of the option until this option is exercised, the exercise price and applicable withholding taxes are paid, and the shares issuedissued thereunder.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Superior Uniform Group Inc)