Common use of No Rights as Shareholder Clause in Contracts

No Rights as Shareholder. The Optionee shall have no right as a shareholder with respect to the Stock covered by the Option until the date of issuance of Stock Certificates for such Stock to the Optionee.

Appears in 31 contracts

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

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No Rights as Shareholder. The Optionee shall have no right rights as a shareholder of the Company with respect to the Stock covered by the Option until any Shares prior to the date of issuance to the Optionee of Stock Certificates a certificate for such Stock to the OptioneeShares.

Appears in 20 contracts

Samples: Option Agreement (Medicalcv Inc), Non Qualified Stock Option Agreement (Wireless Ronin Technologies Inc), Cachet Financial Solutions (Cachet Financial Solutions, Inc.)

No Rights as Shareholder. The Optionee Optionholder shall have no right rights as a shareholder with respect to the any shares of Common Stock covered by the subject to this Option until prior to the date of issuance of Stock Certificates a certificate or certificates for such Stock to the Optioneeshares.

Appears in 12 contracts

Samples: Stock Option Agreement (AgFeed Industries, Inc.), Stock Option Agreement (AgFeed Industries, Inc.), Incentive Stock Option Agreement (Sovereign Bancorp Inc)

No Rights as Shareholder. The Optionee shall not have no right as any rights of a shareholder with respect to the Stock covered by shares subject to the Option, until a stock certificate has been duly issued following exercise of the Option until the date of issuance of Stock Certificates for such Stock to the Optioneeas provided herein.

Appears in 11 contracts

Samples: Stock Option Agreement (Commerce Energy Group Inc), Stock Option Agreement (Commerce Energy Group Inc), Employment Agreement (Commerce Energy Group Inc)

No Rights as Shareholder. The Optionee shall have no right rights as a shareholder with respect to the any shares of Common Stock covered by the subject to this Option until prior to the date of issuance to him of Stock Certificates a certificate or certificates for such Stock to the Optioneeshares.

Appears in 9 contracts

Samples: Non Qualified Stock Option Agreement (Wireless Ronin Technologies Inc), Non Qualified Stock Option Agreement (Wireless Ronin Technologies Inc), Non Qualified Stock Option Agreement (Granite City Food & Brewery LTD)

No Rights as Shareholder. The Optionee shall not have no right as any rights of a shareholder with respect to the Stock covered by shares subject to the Option until a stock certificate has been duly issued following exercise of the date of issuance of Stock Certificates for such Stock to the OptioneeOption as provided herein.

Appears in 6 contracts

Samples: Incentive Stock Option Agreement (Tierone Corp), Tierone Corporation Incentive Stock Option Agreement 2003 Stock Option Plan (Tierone Corp), Tierone Corporation Compensatory Stock Option Agreement (Tierone Corp)

No Rights as Shareholder. The Optionee shall have no right rights as a shareholder with respect to the any shares subject to this Incentive Stock covered by the Option until prior to the date of issuance of Stock Certificates a certificate or certificates for such Stock to the Optioneeshares.

Appears in 6 contracts

Samples: Option Agreement (Success Development International Inc), Option Agreement (Success Development International Inc), Agreement (Success Development International Inc)

No Rights as Shareholder. The Optionee shall have no right rights as a shareholder with respect to the any shares subject to this Executive Stock covered by the Option until prior to the date of issuance of Stock Certificates a certificate or certificates for such Stock to the Optioneeshares.

Appears in 6 contracts

Samples: Agreement (Success Development International Inc), Stock Option Agreement (Success Development International Inc), Stock Option Agreement (Success Development International Inc)

No Rights as Shareholder. The Optionee shall have no right rights as a shareholder with respect to the Stock any Shares covered by the this Option until the date of the issuance of Stock Certificates a stock certificate to him for such Stock to the OptioneeShares.

Appears in 5 contracts

Samples: Executive Employment Agreement (Acura Pharmaceuticals, Inc), Incentive Stock Option Agreement (Futterman Jack), Incentive Stock Option Agreement (Halsey Drug Co Inc/New)

No Rights as Shareholder. The Optionee shall have no right rights as a shareholder stockholder with respect to the Stock covered by any Shares subject to the Option until such time as the Optionee has satisfied all of the requirements of this Agreement for the delivery of Shares pursuant to the exercise of the Option. Except as is expressly provided in the Plan with respect to certain changes in the capitalization of the Company, no adjustment shall be made for dividends or similar rights for which the record date is prior to such date of issuance of Stock Certificates for such Stock to the Optioneeexercise.

Appears in 4 contracts

Samples: Qualified Stock Option Terms and Conditions (Realnetworks Inc), Qualified Stock Option Terms and Conditions (Realnetworks Inc), Qualified Stock Option Terms and Conditions (Realnetworks Inc)

No Rights as Shareholder. The Optionee shall have no right rights as a shareholder with respect to the Stock covered by the any Shares subject to this Option until prior to the date the Optionee becomes the registered owner of issuance of Stock Certificates for such Stock to the OptioneeShares.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Granite City Food & Brewery Ltd.), Non Qualified Director Stock Option Agreement (Granite City Food & Brewery Ltd.), Non Qualified Stock Option Agreement (Granite City Food & Brewery Ltd.)

No Rights as Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares of Stock covered by this Option. The Optionee shall have no right as a shareholder with respect to vote any shares of Stock, or to receive distributions of dividends or any assets or proceeds from the sale of Company assets upon liquidation until such Optionee has effectively exercised this Option and fully paid for such shares of Stock. Subject to Sections 7 and 8, no adjustment shall be made for dividends or other rights for which the record date is prior to the Stock covered by date title to the Option until the date of issuance shares of Stock Certificates for such Stock to has been acquired by the Optionee.

Appears in 3 contracts

Samples: Agreement (Aremissoft Corp /De/), Agreement (Aremissoft Corp /De/), International Displayworks, Inc

No Rights as Shareholder. The Optionee shall have no right as a shareholder with respect to shares of stock subject to the Stock covered by the Option until prior to the date of issuance to him or her of Stock Certificates a certificate or certificates for such Stock to the Optioneeshares.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Hudson Valley Holding Corp), Incentive Stock Option Agreement (Hudson Valley Holding Corp)

No Rights as Shareholder. The Optionee shall have no right rights as a shareholder with respect to the Stock covered by stockholder until a certificate for the Option until the date of issuance of Stock Certificates for such Stock to the Optioneehas been validly issued.

Appears in 2 contracts

Samples: Employee Non Statutory Stock Option Agreement (Lacrosse Footwear Inc), Non Statutory Stock Option Agreement (Lacrosse Footwear Inc)

No Rights as Shareholder. The Optionee shall not have no right any rights as a shareholder with respect to the any shares of Common Stock covered by the subject to any Option until prior to the date of issuance to the Optionee of Stock Certificates a certificate or certificates for such Stock to the Optioneeshares.

Appears in 2 contracts

Samples: Special Grant Agreement (Gerber Scientific Inc), Nonqualified Stock Option Agreement (Gerber Scientific Inc)

No Rights as Shareholder. The Optionee shall have no right rights as a ------------------------ shareholder with respect to the shares of Class A Common Stock covered by subject to the Option until the date Option is exercised in accordance with the terms of issuance of Stock Certificates for such Stock to the Optioneethis Agreement.

Appears in 2 contracts

Samples: Option Agreement (Mediaamerica Inc), Option Agreement (Mediaamerica Inc)

No Rights as Shareholder. The Optionee shall have no right rights as a shareholder with respect to the any shares of Common Stock covered by the subject to this Option until prior to the date of issuance of Stock Certificates a certificate or certificates for such Stock to the Optioneeshares.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Amalgamated Specialty Group Holdings, Inc.), Nonqualified Stock Option Agreement (Amalgamated Specialty Group Holdings, Inc.)

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No Rights as Shareholder. The Optionee shall not have no right any rights as a shareholder with respect to the any shares of Common Stock covered by subject to the Option until prior to the date of issuance of Stock Certificates the Optionee of a certificate or certificates for such Stock to the Optioneeshares.

Appears in 1 contract

Samples: Option Agreement (Hooper Holmes Inc)

No Rights as Shareholder. The Optionee shall have no right rights as a ------------------------ shareholder with respect to the any shares of Stock covered by subject to the Option until prior to the date of issuance to him of Stock Certificates a certificate or certificates for such Stock to the Optioneeshares.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Alabama National Bancorporation)

No Rights as Shareholder. The Optionee shall have no right rights as a shareholder with respect to the Stock covered by holder of the Option Stock until a certificate for the date of issuance of Option Stock Certificates for such Stock to the Optioneehas been validly issued.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Wisconsin Energy Corp)

No Rights as Shareholder. The Optionee shall have no right rights as a shareholder shareholder, with respect to the any shares of Common Stock covered by the Option until subject to this Option, prior to the date of issuance to Optionee of Stock Certificates a certificate or certificates for such Stock to the Optioneeshares.

Appears in 1 contract

Samples: Option Agreement (Unity Bancorp Inc /De/)

No Rights as Shareholder. The Optionee shall have no right rights as a shareholder with respect to the any shares of Common Stock covered by the subject to this Option until prior to the date of issuance to him or her of Stock Certificates for such Stock to the Optioneeshares of Common Stock.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Patterson Companies, Inc.)

No Rights as Shareholder. The Optionee shall have no right rights as a shareholder with respect to the any shares of Common Stock covered by the subject to this Option until prior to the date of issuance to him or her of Stock Certificates a certificate or certificates for such Stock to the Optioneeshares.

Appears in 1 contract

Samples: Equity Incentive Plan (Granite City Food & Brewery LTD)

No Rights as Shareholder. The Optionee shall have no right rights as a shareholder with respect to the any shares of Common Stock covered by the subject to this Option until prior to the date of issuance to Optionee of Stock Certificates a certificate or certificates for such Stock to the Optioneeshares.

Appears in 1 contract

Samples: Option Agreement (Unity Bancorp Inc /De/)

No Rights as Shareholder. The Optionee shall have no right rights as a shareholder with respect to the any shares of Stock covered by the subject to this Option until prior to the date of issuance to him or her of Stock Certificates a certificate or certificates for such Stock to the Optioneeshares.

Appears in 1 contract

Samples: Stock Option Agreement (Medicalcv Inc)

No Rights as Shareholder. The Optionee shall have no right rights as a shareholder with respect to the Stock covered by any Option Shares subject to the Option until prior to the date of issuance to the Optionee of Stock Certificates a certificate or certificates for such Stock to the OptioneeOption Shares.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Cardinal Financial Corp)

No Rights as Shareholder. The Optionee shall not have no right any rights as a shareholder with respect to the any shares of Common Stock covered by subject to the Option until prior to the date of issuance the due exercise of Stock Certificates for such Stock to the OptioneeOption.

Appears in 1 contract

Samples: Stock Option Agreement (Acme United Corp)

No Rights as Shareholder. The Optionee Optionholder shall have no right rights as a shareholder with respect to the any shares of Common Stock covered by the Option until subject to this option prior to the date of issuance of Stock Certificates a certificate or certificates for such Stock to the Optioneeshares.

Appears in 1 contract

Samples: Form of Stock Option Agreement (Peoples Financial Services Corp.)

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