Common use of No Rights as Shareholder Clause in Contracts

No Rights as Shareholder. The Participant or his legal representative, legatees or distributees shall not be deemed to be the holder of any shares subject to the Option and shall not have any rights of a shareholder unless and until certificates for such shares have been issued and delivered to him or them.

Appears in 19 contracts

Samples: 2003 Stock Incentive Plan Of (Rf Micro Devices Inc), Stock Option Agreement (Rf Micro Devices Inc), Stock Option Agreement (Rf Micro Devices Inc)

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No Rights as Shareholder. The Participant and his or his her legal representativerepresentatives, legatees or distributees shall not be deemed to be the holder of any shares subject to of the Option Shares and shall not have any rights of a shareholder unless and until certificates for such shares Shares have been issued and delivered to him or her or them.

Appears in 8 contracts

Samples: Nonqualified Stock Option Agreement (Pokertek, Inc.), Stock Incentive Plan (Pokertek Inc), Stock Incentive Plan (Pokertek Inc)

No Rights as Shareholder. The Participant and his or his her legal representativerepresentatives, legatees or distributees shall not be deemed to be the holder of any shares Shares subject to the Option and shall not have any rights of a shareholder unless and until certificates for such shares Shares have been issued and delivered to him or themher or them (or, in the case of uncertificated shares, other written notice of ownership in accordance with Applicable Laws shall have been provided).

Appears in 5 contracts

Samples: Employee Incentive Stock Option Agreement (Charles & Colvard LTD), Stock Option Agreement (Charles & Colvard LTD), Stock Option Agreement (Charles & Colvard LTD)

No Rights as Shareholder. The Participant and his or his her legal representativerepresentatives, legatees or distributees shall not be deemed to be the holder of any shares Shares subject to the Option and shall not have any rights of a shareholder unless and until certificates for such shares Shares have been issued and delivered to him or her or them.

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (Charles & Colvard LTD), Incentive Stock Option Agreement (Charles & Colvard LTD), Nonqualified Stock Option Agreement (Charles & Colvard LTD)

No Rights as Shareholder. The Participant or his legal representativerepresentatives, legatees or distributees shall not be deemed to be the holder of any shares subject to the Option Award and shall not have any rights of a shareholder unless and until certificates for such shares have been issued and delivered to him or them.

Appears in 4 contracts

Samples: 2003 Stock Incentive Plan (Rf Micro Devices Inc), Restricted Stock Award Agreement (Rf Micro Devices Inc), 2003 Stock Incentive (Rf Micro Devices Inc)

No Rights as Shareholder. The Participant or his and Participant’s legal representativerepresentatives, legatees or distributees shall not be deemed to be the holder of any shares Shares subject to the Option and shall not have any rights of a shareholder unless and until certificates for such shares Shares have been issued and delivered to him Participant or themthem (or, in the case of uncertificated Shares, other written notice of ownership in accordance with Applicable Laws shall have been provided).

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (Charles & Colvard LTD), Nonqualified Stock Option Agreement (Charles & Colvard LTD), Nonqualified Stock Option Agreement (Charles & Colvard LTD)

No Rights as Shareholder. The Participant or his legal representative, legatees or distributees shall not be deemed have no rights as a shareholder with respect to be any of the holder of any shares Shares subject to the Option and shall not have any rights of a shareholder unless and until certificates for such shares the Shares have been issued and delivered to him the Participant, whether as evidenced by one or themmore certificates or by registry in book-entry form with the Company following the exercise of the Option.

Appears in 4 contracts

Samples: Nonqualified Option Agreement (Hardinge Inc), Nonqualified Option Agreement (Hardinge Inc), Nonqualified Option Agreement (Hardinge Inc)

No Rights as Shareholder. The Participant or his legal representative, legatees or distributees shall not be deemed to be the holder of any shares subject to the Option and shall not have any rights of a shareholder unless and with respect to the Covered Shares subject to the Option until certificates for the Participant becomes the holder of record of such shares have been issued and delivered to him or themCovered Shares.

Appears in 3 contracts

Samples: Employment Agreement (Medgenics, Inc.), Employment Agreement (Medgenics, Inc.), Employment Agreement (Medgenics, Inc.)

No Rights as Shareholder. The Participant or his legal representative, legatees or distributees shall not be deemed to be the holder of any shares subject to the Option and shall not have any rights of or privileges as a shareholder of the Company in respect of any shares of Common Stock purchasable upon the exercise of any part of an Option unless and until certificates for representing such shares have been issued and delivered by the Company to him the holder of such shares, or themthe shares have otherwise been recorded on the books of the Company or of a duly authorized transfer agent as owned by such holder.

Appears in 3 contracts

Samples: Incentive Stock Option Award Agreement (Regional Health Properties, Inc), Non Qualified Stock Option Award Agreement (Regional Health Properties, Inc), Incentive Stock Option Award Agreement (Regional Health Properties, Inc)

No Rights as Shareholder. The Participant or his legal representative, legatees or distributees shall not be deemed to be the holder of any shares subject Except to the Option and limited extent provided in Sections 7.6, no Participant (nor any beneficiary) shall not have any of the rights or privileges of a shareholder of the Company with respect to any Shares issuable pursuant to an Award (or exercise thereof), unless and until certificates for representing such shares Shares shall have been issued issued, recorded on the records of the Company or its transfer agents or registrars, and delivered to him the Participant (or thembeneficiary).

Appears in 3 contracts

Samples: 2004 Equity Incentive Plan (Pixar \Ca\), Walt Disney Co/, Walt Disney Co/

No Rights as Shareholder. The Neither the Participant or his nor any legal representative, legatees legatee, distributee or distributees Permitted Transferee shall not be deemed to be the a holder of or possess any shareholder rights with respect to any shares of Stock subject to the Option and shall not have any rights prior to the issuance of a shareholder unless and until certificates for such shares have been issued and delivered to him or themupon exercise of the Option.

Appears in 2 contracts

Samples: Non Statutory Stock Option Award Agreement (Chubb Corp), Non Statutory Stock Option Award Agreement (Chubb Corp)

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No Rights as Shareholder. The Participant or and his legal representative, legatees or distributees shall not be deemed to be the holder of any shares subject to the Option and shall not have any rights of a shareholder unless and until certificates for such shares have been issued and delivered to him or them.

Appears in 2 contracts

Samples: Stock Option Plan Stock Option Agreement (Rf Micro Devices Inc), Stock Option Agreement (Rf Micro Devices Inc)

No Rights as Shareholder. The Participant or and his legal representative, legatees or distributees shall not be deemed to be the holder of any shares subject to the Option and shall not have any rights of a shareholder unless and until certificates for such shares have been issued and delivered to him or themthem (or, in the case of uncertificated shares, other written evidence of ownership in accordance with applicable laws shall have been provided).

Appears in 1 contract

Samples: Stock Option Agreement (Rf Micro Devices Inc)

No Rights as Shareholder. The Participant Optionee or his legal representative, legatees or distributees shall not be deemed to be the holder of any shares subject to the Option and shall not have any rights of a shareholder with respect to such shares unless and until certificates for such shares have been issued and delivered to him or them.

Appears in 1 contract

Samples: Nonemployee Directors (Rf Micro Devices Inc)

No Rights as Shareholder. The Participant or his legal representative, legatees or distributees shall not be deemed to be the holder of any shares subject to the Option and shall not have any rights of as a shareholder with respect to any shares of Common Stock subject to the Option unless and until certificates for such representing the shares have been issued and delivered by the Company to him the holder of such shares, or themthe shares have otherwise been recorded on the books of the Company or of a duly authorized transfer agent as owned by such holder.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Medicine Man Technologies, Inc.)

No Rights as Shareholder. The Participant or his and the Participant’s legal representativerepresentatives, legatees or distributees shall not be deemed to be the holder of any shares Shares subject to the Option and shall not have any rights of a shareholder unless and until certificates for such shares Shares have been issued and delivered to him or themher or them (or, in the case of uncertificated shares, other written notice of ownership in accordance with Applicable Laws shall have been provided).

Appears in 1 contract

Samples: Stock Option Agreement (Charles & Colvard LTD)

No Rights as Shareholder. The Participant Optionee or his legal representative, legatees or distributees shall not be deemed to be the holder of any shares subject to the Option and shall not have any rights of a shareholder unless and until certificates for such shares have been issued and delivered to him or them.

Appears in 1 contract

Samples: Nonemployee Directors’ Stock Option (Rf Micro Devices Inc)

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