Common use of No Rights as Stockholder Until Exercise Clause in Contracts

No Rights as Stockholder Until Exercise. The Optionee shall have no rights as a stockholder with respect to Shares subject to this Agreement until registration of the Shares in the Company's share register in the name of the Optionee. 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 the date of such registration.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Variagenics Inc), Non Qualified Stock Option Agreement (Variagenics Inc), Alteon Logo (Alteon Inc /De)

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No Rights as Stockholder Until Exercise. The Optionee shall have no rights as a stockholder with respect to the Option Shares subject to this Agreement until registration of a stock certificate therefor has been issued to the Shares in the Company's share register in the name of Optionee and is fully paid for by the Optionee. Except as is expressly provided in the Plan with respect to certain changes in the capitalization of the Company, no No adjustment shall be made made, except adjustments for changes in capitalization pursuant to Section 13 hereof, for dividends (whether in cash, securities or other property) or distributions or other similar rights for which the record date is prior to the this date of such registrationstock certificate is issued.

Appears in 4 contracts

Samples: Qualified Stock Option Agreement (Focus Enhancements Inc), Qualified Stock Option Agreement (Focus Enhancements Inc), Focus Enhancements Inc

No Rights as Stockholder Until Exercise. The Optionee shall have no --------------------------------------- rights as a stockholder with respect to the Option Shares subject to this Agreement until registration of a stock certificate therefor has been issued to the Shares in the Company's share register in the name of Optionee and is fully paid for by the Optionee. Except as is expressly provided in the Plan with respect to certain changes in the capitalization of the Company, no No adjustment shall be made for dividends or similar rights for which the record date is prior to the date of such registrationstock certificate is issued.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Astea International Inc), Amendment Agreement (Astea International Inc)

No Rights as Stockholder Until Exercise. The Optionee shall have no rights as a stockholder with respect to Shares shares subject to this Agreement until registration of a stock certificate therefore has been issued to the Shares in the Company's share register in the name of the OptioneeOptionee and is fully paid for. 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 the date of such registrationstock certificate is issued.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Airnet Communications Corp), Option Agreement (Maxicare Health Plans Inc)

No Rights as Stockholder Until Exercise. The Optionee Option Holder shall have --------------------------------------- no rights as a stockholder with respect to Shares subject any shares of Stock issuable upon exercise of this option until a stock certificate therefor has been issued to this Agreement until registration of the Shares in the Company's share register in the name of the Optioneehim and is fully paid for. Except as is expressly provided in the Plan below with respect to certain changes in the capitalization of the Companystock dividends, no adjustment shall be made for dividends or similar other rights for which the record date is prior to precedes the date of such registrationstock certificate is issued.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Averstar Inc)

No Rights as Stockholder Until Exercise. The Optionee shall have no rights as a stockholder with respect to Shares subject to this Agreement until registration of the Shares in the Company's share register in the name of the Optionee. Except as a stock certificate therefor has been issued to Optionee and 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 the date of such registrationfully paid for.

Appears in 1 contract

Samples: Non Qualified Stock Option (Advanced Photonix Inc)

No Rights as Stockholder Until Exercise. The Optionee shall have no rights as a stockholder with respect to Option Shares subject to this Agreement until registration of a stock certificate therefor has been issued to the Shares in the Company's share register in the name of Optionee and is fully paid for by the Optionee. 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 the date of such registrationstock certificate is issued.

Appears in 1 contract

Samples: Option Agreement (Astea International Inc)

No Rights as Stockholder Until Exercise. The Optionee shall have no rights as a stockholder with respect to Shares subject to this Agreement until registration any of the Option Shares in until a stock certificate therefore has been issued to the Company's share register in the name of the OptioneeOptionee and is fully paid for. Except as is expressly provided in Section 10 of 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 the date of such registrationstock certificate is issued.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Concord Communications Inc)

No Rights as Stockholder Until Exercise. The Optionee shall have no --------------------------------------- rights as a stockholder with respect to Shares subject to this Agreement until registration any of the Option Shares in until a stock certificate therefor has been issued to the Company's share register in the name of the OptioneeOptionee and is fully paid for. 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 the date of such registrationstock certificate is issued.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Davox Corp)

No Rights as Stockholder Until Exercise. The Optionee shall have no rights as a stockholder with respect to the Option Shares subject until the date of issuance of a stock certificate to this Agreement until registration of the Shares in the Company's share register in the name of the Optionee. 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 the date of such registrationstock certificate is issued.

Appears in 1 contract

Samples: Matrixone Inc

No Rights as Stockholder Until Exercise. The Optionee shall have no rights as a stockholder with respect to the Option Shares subject until a stock certificate therefor has been issued to this Agreement until registration of the Shares Optionee and is fully paid for in the Company's share register in the name of the Optioneeaccordance with Section 8. Except as is expressly provided in the Plan with respect to certain changes in the capitalization of the CompanyCorporation, no adjustment shall be made for dividends or similar rights for which the record date is prior to the date of such registrationstock certificate is issued.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Eclipsys Corp)

No Rights as Stockholder Until Exercise. The Optionee shall have no rights as a stockholder with respect to Shares shares subject to this Agreement until registration of the Shares in the Company's share register in the name of the Optionee. 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 a stock certificate therefor has been issued to the date of such registrationOptionee and it is fully paid for.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (International Electronics Inc)

No Rights as Stockholder Until Exercise. The Optionee shall have no rights as a stockholder with respect to Shares shares subject to this Agreement until registration of the Shares in the Company's share register in the name of the Optionee. 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 a stock certificate therefor has been issued to the date of such registrationOptionee and is fully paid for. 10.

Appears in 1 contract

Samples: Agreement and Plan of Merger (National Techteam Inc /De/)

No Rights as Stockholder Until Exercise. The Optionee Option Holder shall have no rights as a stockholder with respect to Option Shares subject to this Agreement until registration of a stock certificate therefor has been issued to the Option Holder and such Option Shares in the Company's share register in the name of the Optioneeare fully paid for. 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 the date of such registrationstock certificate is issued.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Health & Nutrition Systems International Inc)

No Rights as Stockholder Until Exercise. The Optionee shall have no rights as a stockholder with respect to the Option Shares subject until a stock certificate has been issued to this Agreement until registration of the Shares Optionee and is fully paid for in the Company's share register in the name of the Optioneeaccordance with Section 3. Except as is expressly provided in the Plan with With respect to certain changes in the capitalization of the CompanyCorporation, no adjustment shall be made for dividends or similar rights for which the record date is prior to the date of such registrationstock certificate is issued.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Connetics Corp)

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No Rights as Stockholder Until Exercise. The Optionee shall have no rights as a stockholder with respect to Shares subject to this Agreement until registration any of the Option Shares in until a stock certificate therefor has been issued to the Company's share register in the name of the OptioneeOptionee and is fully paid for. 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 the date of such registrationstock certificate is issued.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Davox Corp)

No Rights as Stockholder Until Exercise. The Optionee shall have no --------------------------------------- rights as a stockholder shareholder with respect to Shares subject any shares covered by this option (including, without limitation, any rights to this Agreement receive dividends or non-cash distributions with respect to such shares) unless and until registration of the Shares in the Company's share register in the name of a certificate representing such shares is duly issued and delivered to the Optionee. Except as is expressly provided in the Plan with respect to certain changes in the capitalization of the Company, no No adjustment shall be made for dividends or similar other rights for which the record date is prior to the date of such registrationstock certificate is issued.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Avanex Corp)

No Rights as Stockholder Until Exercise. The Optionee shall have no --------------------------------------- rights as a stockholder with respect to Shares shares subject to this Agreement until registration of a stock certificate therefore has been issued to the Shares in the Company's share register in the name of the OptioneeOptionee and is fully paid for. 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 the date of such registrationstock certificate is issued.

Appears in 1 contract

Samples: Candela Corp /De/

No Rights as Stockholder Until Exercise. The Optionee shall have no --------------------------------------- rights as a stockholder with respect to the Option Shares subject until the date of issuance of a stock certificate to this Agreement until registration of the Shares in the Company's share register in the name of the Optionee. Except as is expressly provided in the Plan with respect to certain changes in the capitalization and stock dividends of the Company, no adjustment shall be made for dividends or similar rights for which the record date is prior to before the date of such registrationstock certificate is issued.

Appears in 1 contract

Samples: Transwitch Corporation (Transwitch Corp /De)

No Rights as Stockholder Until Exercise. The Optionee shall not have no the rights as of a stockholder shareholder with respect to the Option Shares subject to this Agreement until registration the date of issuance by the Shares in the Company's share register in the name Company of the Optioneea stock certificate for such shares. Except as is expressly provided in paragraph 10 of the Plan with respect to certain changes in the capitalization of the Companyand stock dividends, no adjustment shall be made for dividends or similar rights for which the record date is prior to before the date of such registrationstock certificate is issued.

Appears in 1 contract

Samples: Parexel International (Parexel International Corp)

No Rights as Stockholder Until Exercise. The Optionee shall have no rights --------------------------------------- as a stockholder with respect to Shares shares subject to this Agreement until registration of a stock certificate therefor has been issued to the Shares in the Company's share register in the name of the Optionee. Except Optionee and is fully paid for, except as is expressly provided in the Plan with respect to certain changes in the capitalization of the Companydivine, no adjustment shall be made for dividends or similar rights for which the record date is prior to the date of such registrationstock certificate is issued.

Appears in 1 contract

Samples: Divine Inc

No Rights as Stockholder Until Exercise. The Optionee shall have no rights as a stockholder with respect to the Option Shares subject until a stock certificate therefor has been issued to this Agreement until registration of the Shares Optionee and is fully paid for in the Company's share register in the name of the Optioneeaccordance with Section 9. Except as is expressly provided in the Plan for options granted thereunder with respect to certain changes in the capitalization of the CompanyCorporation, no adjustment shall be made for dividends or similar rights for which the record date is prior to the date of such registrationstock certificate is issued.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Eclipsys Corp)

No Rights as Stockholder Until Exercise. The Optionee shall have no rights as a stockholder with respect to the Option Shares subject to this Agreement until registration of a stock certificate therefor has been issued to the Shares in the Company's share register in the name of Optionee and is fully paid for by the Optionee. Except as is expressly provided in the Plan with respect to certain changes in the capitalization of the Company, no No adjustment shall be made for dividends or similar rights for which the record date is prior to the date of such registrationstock certificate is issued.

Appears in 1 contract

Samples: Stock Option Agreement (Muns Ronald J)

No Rights as Stockholder Until Exercise. The Optionee shall have no --------------------------------------- rights as a stockholder with respect to Shares shares subject to this Agreement until registration of a stock certificate therefor has been issued to the Shares in the Company's share register in the name of the OptioneeOptionee and is fully paid for. Except as is expressly provided in the Plan this Agreement with respect to certain changes in the capitalization of the CompanyExcel, no adjustment shall be made for dividends or similar rights for which the record date is prior to the date of such registrationstock certificate is issued.

Appears in 1 contract

Samples: Excel Inc

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