Common use of No Rights as Shareholder Clause in Contracts

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment of this Option until the effective date of the issuance of shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereof.

Appears in 30 contracts

Samples: Stock Option Agreement (Avalon Globocare Corp.), Stock Option Agreement (ID Global Solutions Corp), Stock Option Agreement (Ipsidy Inc.)

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No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment of this Option until the effective date of the issuance of shares the Shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereof.

Appears in 26 contracts

Samples: Nonstatutory Stock Option Agreement (Ipsidy Inc.), Nonstatutory Stock Option Agreement (Evolucia Inc.), Nonstatutory Stock Option Agreement (Medizone International Inc)

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment of this Option until the effective date of the issuance of shares the Shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 7 hereof.

Appears in 26 contracts

Samples: Nonstatutory Stock Option Agreement (International Energy, Inc.), Nonstatutory Stock Option Agreement (Entheos Technologies Inc), Nonstatutory Stock Option Agreement (New Energy Technologies, Inc.)

No Rights as Shareholder. Optionee Recipient shall have no rights as a shareholder with respect to the Option Shares covered by any installment of this Option until the effective date of the issuance of shares the Option Shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereofcertificates.

Appears in 17 contracts

Samples: Nonstatutory Stock Option Agreement (New Energy Technologies, Inc.), Nonstatutory Stock Option Agreement (New Energy Technologies, Inc.), Nonstatutory Stock Option Agreement (New Energy Technologies, Inc.)

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment of this Option until the effective date of the issuance of shares Shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereof.

Appears in 15 contracts

Samples: Employment Agreement (3dicon Corp), Incentive Stock Option Agreement (Akers Biosciences Inc), Stock Option Agreement (Solar Park Initiatives, Inc.)

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment of this Option until the effective date of the issuance of shares the Shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereof8 of the Plan.

Appears in 13 contracts

Samples: Consultant Nonstatutory Stock Option Agreement (Originclear, Inc.), Employee Nonstatutory Stock Option Agreement (Originclear, Inc.), Employee Nonstatutory Stock Option Agreement (Originclear, Inc.)

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment exercise of this Option until the effective date of the issuance of shares the Shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereofof exercise.

Appears in 10 contracts

Samples: Stock Option Agreement (C&J Energy Services, Inc.), Stock Option Agreement (C&J Energy Services, Inc.), Non Statutory Stock Option Agreement (C&J Energy Services, Inc.)

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment of this Option until the effective date of the issuance of shares the Shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereofcertificates.

Appears in 9 contracts

Samples: Nonstatutory Stock Option Agreement (Phytomedical Technologies Inc), Nonstatutory Stock Option Agreement (Phytomedical Technologies Inc), Nonstatutory Stock Option Agreement (Phytomedical Technologies Inc)

No Rights as Shareholder. 9.1 Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment instalment of this Option until the effective date of the issuance of shares Shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereof.

Appears in 8 contracts

Samples: Nonstatutory Stock Option Agreement (MANAS PETROLEUM Corp), Nonstatutory Stock Option Agreement (MANAS PETROLEUM Corp), Nonstatutory Stock Option Agreement (MANAS PETROLEUM Corp)

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment of this Option until the effective date of the issuance of shares the Shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 9 hereof.

Appears in 8 contracts

Samples: Nonstatutory Stock Option Agreement (Phytomedical Technologies Inc), Nonstatutory Stock Option Agreement (Hepalife Technologies Inc), Nonstatutory Stock Option Agreement (Hepalife Technologies Inc)

No Rights as Shareholder. Optionee Recipient shall have no rights as a shareholder with respect to the Option Shares covered by any installment of this Option until the effective date of the issuance of shares the Option Shares following the exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereofcertificates.

Appears in 7 contracts

Samples: Form of Nonstatutory Stock Option Agreement (Armada Oil, Inc.), Stock Option Agreement (New Energy Technologies, Inc.), Nonstatutory Stock Option Agreement (Armada Oil, Inc.)

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment of this Option until the effective date of the issuance of shares the Shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereofissued.

Appears in 7 contracts

Samples: Non Qualified Stock Option Agreement for Employees (Endurance Exploration Group, Inc.), Employee Nonstatutory Stock Option Agreement (Solar Thin Films, Inc.), Non Qualified Stock Option Agreement (Digital Locations, Inc.)

No Rights as Shareholder. No Optionee shall have no any rights as a shareholder with respect to any share of Stock subject to his or her option prior to the Shares covered by any installment of this Option until the effective date of the issuance of shares following exercise a certificate evidencing ownership of this to Optionsuch Stock, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued of the certificate, except as provided in Section 10 hereofParagraph 8.

Appears in 6 contracts

Samples: Advisor Stock Option Agreement (X Rite Inc), Advisor Stock Option Agreement (X Rite Inc), Outside Director Stock Option Agreement (X Rite Inc)

No Rights as Shareholder. Optionee shall will have no rights as a shareholder with respect to the Shares of Common Stock covered by any installment of this Option until the effective date of the issuance of shares following exercise of this to Option, and no a stock certificate or stock certificates. No adjustment will be made for cash dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereofissued.

Appears in 4 contracts

Samples: Stock Option Award Agreement (City National Corp), Stock Option Award Agreement (City National Corp), Stock Option Award Agreement (City National Corp)

No Rights as Shareholder. Optionee shall will have no rights as a shareholder with respect to shares of the Shares Company’s Stock covered by any installment of this Option until the effective date of the issuance of shares following exercise of this to Option, and no a stock certificate or stock certificates. No adjustment will be made for cash dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereofissued.

Appears in 3 contracts

Samples: Stock Option Award Agreement (City National Corp), Stock Option Award Agreement (City National Corp), Stock Option Award Agreement (Pacific City Financial Corp)

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment of this Option until the effective date of the issuance of shares Shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereof8 of the Plan.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Originclear, Inc.), Incentive Stock Option Agreement (Originclear, Inc.), Incentive Stock Option Agreement (Originclear, Inc.)

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment of this Option until the effective date of the issuance of shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereof7 of this Agreement.

Appears in 3 contracts

Samples: Stock Option Agreement (WindTamer Corp), Stock Option Agreement (WindTamer Corp), Stock Option Agreement (WindTamer Corp)

No Rights as Shareholder. Optionee No holder of the Option shall have no any rights as a shareholder with respect to the Shares shares covered by any installment of this the Option until the effective date of the issuance of shares following exercise of this the Option as to Optionsuch shares; and, and except as otherwise provided in Section 9 hereof, no adjustment will for dividends, or otherwise, shall be made for dividends or other rights for which if the record date therefor is prior to the date of such stock certificate or certificates are issued except as provided in Section 10 hereofexercise.

Appears in 3 contracts

Samples: Plan and Agreement (Kent Electronics Corp), Plan and Agreement (Kent Electronics Corp), Option Plan and Agreement (Kent Electronics Corp)

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment of this Option until the effective date of the issuance of shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereofof this Agreement.

Appears in 2 contracts

Samples: Award Agreement (WindTamer Corp), Award Agreement (WindTamer Corp)

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment of this Option until the effective date of the issuance of shares Shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 7 hereof.

Appears in 2 contracts

Samples: Option Award Agreement (Coretec Group Inc.), Non Qualifiedstock Option Award Agreement (Coretec Group Inc.)

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment of this Option until the effective date of the issuance of shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereofof this Agreement.

Appears in 2 contracts

Samples: Stock Option Agreement (Wallstreet Review Inc), Stock Option Agreement (Wallstreet Review Inc)

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment of this Option until the effective date of the issuance of shares Shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereofof this Agreement.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (NCI, Inc.), Incentive Stock Option Agreement (Dover Saddlery Inc)

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment of this Option until the effective date of the issuance of shares the Shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereof12 of this Agreement.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (NCI, Inc.), Non Qualified Stock Option Agreement (NCI, Inc.)

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No Rights as Shareholder. Optionee shall will have no rights as a shareholder with respect to shares of the Shares Company's Stock covered by any installment of this Option until the effective date of the issuance of shares following exercise of this to Option, and no a stock certificate or stock certificates. No adjustment will be made for cash dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereofissued.

Appears in 2 contracts

Samples: Stock Option Agreement (City National Corp), Stock Option Agreement (City National Corp)

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment of this Option until the effective date of the issuance of shares the Shares following exercise of this to Option, and and, except as provided in Section 7 of this Agreement, no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereofissued.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (National Investment Managers Inc.)

No Rights as Shareholder. Optionee shall not have no any rights as a shareholder with respect to any share of Stock subject to the Shares covered by any installment of this Option until prior to the effective date of the issuance of shares following exercise a certificate evidencing ownership of this to Optionsuch Stock, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued of the certificate, except as provided in Section 10 hereof10.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Us Solartech Inc)

No Rights as Shareholder. An Optionee shall not have no any rights as a shareholder with respect to the Shares covered by any installment of this an Option until the effective date of such Shares are issued by the issuance of shares following exercise of this to OptionCompany; and, and except as otherwise provided in Section 4.7(a), no adjustment will for dividends, or otherwise, shall be made for dividends or other rights for which if the record date therefor is prior to the date of issuance of such stock certificate or certificates are issued except as provided in Section 10 hereofshares.

Appears in 1 contract

Samples: Energy Hunter Resources, Inc.

No Rights as Shareholder. The Optionee shall have no rights as a shareholder with respect to the Shares of any shares of Stock covered by any installment of this Option until the effective date of the issuance of shares following exercise of this a stock certificate to Optionhim or her. Except as may be provided under the Plan, and the Company will make no adjustment will be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or distributions or other rights for which the record date is prior to the date such the stock certificate or certificates are issued except as provided in Section 10 hereofis issued.

Appears in 1 contract

Samples: Trikon Technologies Inc

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment of this Option until the effective date of the issuance of shares the Shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 .Section 9 hereof.

Appears in 1 contract

Samples: Employee Nonstatutory Stock Option Agreement (Tasker Capital Corp)

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment of this Option until the effective date of the issuance of shares Shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereoffor herein.

Appears in 1 contract

Samples: Stock Option Agreement (Originoil Inc)

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment of this Option until the effective date of the issuance of shares the Shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereofof this Agreement.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Machinetalker Inc)

No Rights as Shareholder. 8.1 Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment instalment of this Option until the effective date of the issuance of shares Shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 9 hereof.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (MANAS PETROLEUM Corp)

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment of this Option until the effective date of the issuance of shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereof9 below.

Appears in 1 contract

Samples: Award Agreement (WindTamer Corp)

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment of this Option until the effective date of the issuance of shares Shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereof.

Appears in 1 contract

Samples: Consultant Nonstatutory Stock Option Agreement (Argentex Mining Corp)

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment of this Option until the effective date of the issuance of shares the Shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereof.. 

Appears in 1 contract

Samples: Employee Nonstatutory Stock Option Agreement (Emagin Corp)

No Rights as Shareholder. An Optionee shall not have no any rights as a shareholder with respect to the Shares covered by any installment of this an Option until the effective date of such Shares are issued by the issuance of shares following exercise of this to OptionCompany; and, and except as otherwise provided in Section 4.5, no adjustment will for dividends, or otherwise, shall be made for dividends or other rights for which if the record date therefor is prior to the date of issuance of such stock certificate or certificates are issued except as provided in Section 10 hereofshares.

Appears in 1 contract

Samples: Weatherford International LTD

No Rights as Shareholder. Optionee shall have no rights as a shareholder with respect to the Shares Common Stock of the Company covered by any installment of this the Option until the effective date of the issuance of shares following exercise a stock certificate or stock certificates to him. Except as may be provided under Paragraph 8 of this to Optionthe Plan, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereofissued.

Appears in 1 contract

Samples: Stock Option Agreement (Imageware Systems Inc)

No Rights as Shareholder. 8.1 Optionee shall have no rights as a shareholder with respect to the Shares covered by any installment instalment of this Option until the effective date of the issuance of shares Shares following exercise of this to Option, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such stock certificate or certificates are issued except as provided in Section 10 hereof.

Appears in 1 contract

Samples: Stock Option Agreement (MANAS PETROLEUM Corp)

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