Limited Rights. Until the Option is exercised and Ordinary Shares are issued and allotted to the Participant, the Participant has no rights as a shareholder of the Company with respect to the Option as set forth in Section 6(d) of the Plan. The Option does not place any limit on the corporate authority of the Company.
Appears in 4 contracts
Samples: Option Agreement (Hexindai Inc.), Option Agreement (Hexindai Inc.), Option Agreement (Hexindai Inc.)
Limited Rights. Until the Option is exercised and Class A Ordinary Shares are issued and allotted to the Participant, the Participant has no rights as a shareholder of the Company with respect to the Option as set forth in Section 6(d) of the Plan. The Option does not place any limit on the corporate authority of the Company.
Appears in 1 contract
Limited Rights. Until the Option is exercised and Ordinary Shares are issued and allotted to the ParticipantParticipant and the Participant is recorded on the Company’s registered of members as holder of such Ordinary Shares, the Participant has no rights as a shareholder of the Company with respect to the Option as set forth in Section 6(d) of the Plan. The Option does not place any limit on the corporate authority of the Company.
Appears in 1 contract
Samples: Option Agreement (Lixiang Education Holding Co . LTD)
