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 the Option Shares until a stock certificate therefor has been issued to the Optionee and is fully paid for in accordance with Section 7. Except as is expressly provided in the Plan with respect to certain changes in the capitalization of the Corporation, no adjustment shall be made for dividends or similar rights for which the record date is prior to the date such stock certificate is issued.

Appears in 2 contracts

Samples: Consulting Agreement (Acusphere Inc), Incentive Stock Option Agreement (Acusphere Inc)

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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 a stock certificate therefor has been issued to the Optionee and is fully paid for in accordance with Section 7by the Optionee. Except as is expressly provided in the Plan with respect to certain changes in the capitalization of the Corporation, no No adjustment shall be made for dividends or similar rights for which the record date is prior to the date such stock certificate is issued.

Appears in 2 contracts

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

No Rights as Stockholder Until Exercise. The Optionee shall have no rights --------------------------------------- as a stockholder with respect to the Option Shares shares subject to this Agreement until a stock certificate therefor has been issued to the Optionee and is fully paid for in accordance with Section 7. Except for, except as is expressly provided in the Plan with respect to certain changes in the capitalization of the Corporationdivine, no adjustment shall be made for dividends or similar rights for which the record date is prior to the date such stock 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 shares subject to this Agreement until a stock certificate therefor has been issued to the Optionee and is fully paid for in accordance with Section 7for. Except as is expressly provided in the Plan with respect to certain changes in the capitalization of the Corporationherein, no adjustment shall be made for dividends or similar rights for which the record date is prior to the date such stock certificate is issued.

Appears in 1 contract

Samples: Executive Employment Agreement (First New England Dental Centers Inc)

No Rights as Stockholder Until Exercise. The Optionee shall have no not ------------------------------------------ rights as a stockholder with respect to the Option Shares shares subject to this Agreement until a stock certificate therefor has been issued to the Optionee and is fully paid for in accordance with Section 7for. Except as is expressly provided in the Plan with respect to certain changes in the capitalization of the CorporationCompany, no adjustment shall be made for dividends or similar rights for which the record date is prior to the date such stock certificate is issuedissues.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Mathsoft 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 a stock certificate therefor has been issued to the Optionee and is fully paid for in accordance with Section 7by the Optionee. Except as is expressly provided in the Plan with respect to certain changes in the capitalization of the CorporationCompany, no adjustment shall be made for dividends or similar rights for which the record date is prior to the date such stock certificate is issued.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Astea International 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 a stock certificate therefor has been issued to the Optionee and is fully paid for in accordance with Section 7by the Optionee. Except as is expressly provided in the Plan with respect to certain changes in the capitalization of the CorporationCompany, no adjustment shall be made for dividends or similar rights for which the record date is prior to the date such stock certificate is issued.

Appears in 1 contract

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

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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 a stock certificate therefor therefore has been issued to the Optionee and is fully paid for in accordance with Section 7. Except as is expressly provided in by the Plan with respect to certain changes in the capitalization of the Corporation, no adjustment shall be made for dividends or similar rights for which the record date is prior to the date such stock certificate is issuedOptionee.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Dynagen Inc)

No Rights as Stockholder Until Exercise. The Optionee shall have no --------------------------------------- rights as a stockholder with respect to any of the Option Shares until a stock certificate therefor has been issued to the Optionee and is fully paid for in accordance with Section 7for. Except as is expressly provided in Section 10 of the Plan with respect to certain changes in the capitalization of the CorporationCompany, no adjustment shall be made for dividends or similar rights for which the record date is prior to the date such stock certificate is issued.

Appears in 1 contract

Samples: Excel Switching 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 a stock certificate therefor has been issued to the Optionee and is fully paid for in accordance with Section 7by the Optionee. Except as is expressly provided in the Plan with respect to certain changes in the capitalization of the CorporationCompany, no adjustment shall be made for dividends or similar rights for which the record date is prior to the date such stock certificate is issued.

Appears in 1 contract

Samples: Software Developers Co Inc/De/

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