Common use of No Rights as Stockholder Clause in Contracts

No Rights as Stockholder. Subject to the provisions of this option, the Participant shall not have any rights as a stockholder with respect to any shares of Common Stock to be distributed with respect to this option until becoming the record holder of such shares.

Appears in 40 contracts

Samples: Nonstatutory Stock Option Agreement (Invivo Therapeutics Holdings Corp.), Nonstatutory Stock Option Agreement (Karyopharm Therapeutics Inc.), Nonstatutory Stock Option Agreement (Karyopharm Therapeutics Inc.)

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No Rights as Stockholder. Subject to the provisions of this option, the The Participant shall not have any rights as a stockholder of the Company with respect to any shares of Common Stock corresponding to be distributed with the Performance Stock Units granted hereby unless and until shares of Common Stock are issued to the Participant in respect to this option until becoming the record holder of such sharesthereof.

Appears in 23 contracts

Samples: Performance Stock Unit Agreement (Hertz Corp), Performance Stock Unit Agreement (Hertz Corp), Performance Stock Unit Agreement (Hertz Global Holdings Inc)

No Rights as Stockholder. Subject to the provisions of this option, the The Participant shall not have any no rights as a stockholder with respect to any shares of Common Stock to be distributed with respect to this option covered by the Option unless and until becoming the Participant has become the holder of record holder of such shares, and no adjustments shall be made for dividends (whether in cash, in kind or other property), distributions or other rights in respect of any such shares, except as otherwise specifically provided for in the Plan.

Appears in 21 contracts

Samples: Non Qualified Stock Option Agreement (99 Cents Only Stores LLC), Non Qualified Stock Option Agreement (99 Cents Only Stores LLC), Non Qualified Stock Option Agreement (99 Cents Only Stores LLC)

No Rights as Stockholder. Subject to the provisions of this option, the The Participant shall not have any rights as a stockholder including any voting, dividend or other rights or privileges as a stockholder of the Company with respect to any Stock corresponding to the Restricted Stock Units granted hereby unless and until shares of Common Stock are issued to be distributed with the Participant in respect to this option until becoming the record holder of such sharesthereof.

Appears in 17 contracts

Samples: Stock Option Agreement (Gogo Inc.), Restricted Stock Unit Agreement (Gogo Inc.), Restricted Stock Unit Agreement (Booz Allen Hamilton Holding Corp)

No Rights as Stockholder. Subject The Participant and his or her legal representatives, legatees and distributees shall not be deemed to be the holder of any Shares subject to the provisions of this option, the Participant Option and shall not have any rights as of a stockholder with respect unless and until certificates for such Shares have been issued and delivered to any shares of Common Stock to be distributed with respect to this option until becoming the record holder of such shareshim or her or them.

Appears in 15 contracts

Samples: Incentive Stock Option Award Agreement (Mimedx Group, Inc.), Nonqualified Stock Option Agreement (Targacept Inc), Employee, Director and Consultant Stock Plan (Alynx, Co.)

No Rights as Stockholder. Subject to the provisions of this option, the The Participant shall not have any rights as a stockholder of the Company with respect to any shares of Common Stock corresponding to be distributed with the Restricted Stock Units granted hereby unless and until shares of Common Stock are issued to the Participant in respect to this option until becoming the record holder of such sharesthereof.

Appears in 15 contracts

Samples: Restricted Stock Unit Agreement (Hertz Corp), Restricted Stock Unit Agreement (Hertz Corp), Restricted Stock Unit Agreement (Hertz Corp)

No Rights as Stockholder. Subject to the provisions of this option, the The Participant shall not have any rights as a stockholder including any voting, dividend or other rights or privileges as a stockholder of the Company with respect to any Stock underlying the Options unless and until shares of Common Stock are issued to be distributed with respect to this option until becoming the record holder of such sharesParticipant upon exercise thereof.

Appears in 13 contracts

Samples: Stock Option Agreement (Gogo Inc.), Stock Option Agreement (Gogo Inc.), Performance Stock Option Agreement (Gogo Inc.)

No Rights as Stockholder. Subject to the provisions of this option, the The Participant shall not have any rights as a stockholder including any voting, dividend or other rights or privileges as a stockholder of the Company with respect to any Company Common Stock corresponding to the Restricted Stock Units granted hereby unless and until shares of Company Common Stock are issued to be distributed with the Participant in respect to this option until becoming the record holder of such sharesthereof.

Appears in 12 contracts

Samples: Restricted Stock Unit Agreement (Booz Allen Hamilton Holding Corp), Restricted Stock Unit Agreement (Booz Allen Hamilton Holding Corp), Restricted Stock Unit Agreement (Booz Allen Hamilton Holding Corp)

No Rights as Stockholder. Subject The Participant (or any other person entitled to exercise the provisions of this option, the Participant Option) shall not have be entitled to any rights as a stockholder of the Company with respect to any shares Shares covered by the Option until such Shares shall have been registered on the stock transfer books of Common Stock to be distributed with respect to this option until becoming the record holder Company in the name of the Participant (or such sharesother person).

Appears in 11 contracts

Samples: Stock Restriction Agreement (Tasker Capital Corp), Stock Restriction Agreement (Tasker Capital Corp), Stock Restriction Agreement (Tasker Capital Corp)

No Rights as Stockholder. Subject to the provisions of this option, the Participant shall not have any rights as a stockholder with respect to any shares of Common Stock to be distributed with respect to this option until becoming the record holder of such sharesShares.

Appears in 9 contracts

Samples: Nonstatutory Stock Option Agreement (OvaScience, Inc.), Nonstatutory Stock Option Agreement (OvaScience, Inc.), Stock Option Agreement (OvaScience, Inc.)

No Rights as Stockholder. Subject to the provisions of this optionExcept as otherwise required by law, the Participant shall not have any rights as a stockholder with respect to any shares of Common Stock to be distributed with respect to this option Shares covered by the Option granted hereunder until becoming such time as the record holder Shares issuable upon exercise of such sharesOption have been so issued.

Appears in 7 contracts

Samples: Stock Option Agreement (CPI Card Group Inc.), Nonqualified Stock Option Agreement (CPI Card Group Inc.), Nonqualified Stock Option Agreement (CPI Card Group Inc.)

No Rights as Stockholder. Subject to the provisions of this option, the The Participant shall not have any rights as a stockholder with respect to any shares of Common Stock covered by the Option until the date of the registration or issuance of such shares following the Participant’s exercise of the Option pursuant to be distributed its terms and conditions and payment of all amounts for and with respect to this option until becoming the shares of Common Stock. No adjustment shall be made for dividends or other rights for which the record holder of date is prior to the date a certificate or certificates are issued for such sharesshares or an uncertificated book-entry representing such shares is made.

Appears in 7 contracts

Samples: Nonqualified Stock Option Award Agreement for Employees (Tuesday Morning Corp/De), Nonqualified Stock Option Award Agreement for Employees (Tuesday Morning Corp/De), Nonqualified Stock Option Award Agreement for Employees (Tuesday Morning Corp/De)

No Rights as Stockholder. Subject to the provisions of this option, the The Participant shall not have any rights as a stockholder with respect to any shares of Common Stock to be distributed with respect to Shares issuable under this option until becoming the record holder recordholder of such shares.

Appears in 7 contracts

Samples: Incentive Stock Option Agreement (Vistaprint LTD), Incentive Share Option Agreement (Vistaprint LTD), Nonqualified Share Option Agreement (Vistaprint LTD)

No Rights as Stockholder. Subject to the provisions of this option, the The Participant shall not have any rights as a stockholder including any voting, dividend or other rights or privileges as a stockholder of the Company with respect to any Stock corresponding to the Performance Share Units granted hereby unless and until shares of Common Stock are issued to be distributed with the Participant in respect to this option until becoming the record holder of such sharesthereof.

Appears in 6 contracts

Samples: Performance Share Unit Agreement (Domtar CORP), Performance Share Unit Agreement (Domtar CORP), Performance Share Unit Agreement (Domtar CORP)

No Rights as Stockholder. Subject to the provisions of this option, the The Participant or designated beneficiary shall not have any no rights as a stockholder with respect to any shares of Common Stock to be distributed with respect to this option until becoming the record holder of such shares.

Appears in 5 contracts

Samples: First Marblehead Corp, First Marblehead Corp, First Marblehead Corp

No Rights as Stockholder. Subject to the provisions of this option, the The Participant shall not have any no rights as a stockholder with respect to any the shares of Common Stock to be distributed with respect to this option underlying the Restricted Stock Units unless and until becoming the Participant has become the record holder of such shares.

Appears in 4 contracts

Samples: Vested Restricted Stock Unit Award Agreement (Key Energy Services Inc), Time Vested Restricted Stock Unit Award Agreement (Key Energy Services Inc), Time Vested Restricted Stock Unit Award Agreement (Key Energy Services Inc)

No Rights as Stockholder. Subject to the provisions of this optionExcept as set forth in Section 2(e) above, the Participant shall not have any rights as a stockholder of the Company with respect to any shares of Common Stock corresponding to be distributed with the Restricted Stock Units granted hereby unless and until shares of Common Stock are issued to the Participant in respect to this option until becoming the record holder of such sharesthereof.

Appears in 4 contracts

Samples: Officer Restricted Stock Unit Agreement (Herc Holdings Inc), Officer Restricted Stock Unit Agreement (Herc Holdings Inc), Officer Restricted Stock Unit Agreement (Herc Holdings Inc)

No Rights as Stockholder. Subject to the provisions of this option, the The Participant shall not have any rights as a stockholder including any voting, dividend or other rights or privileges as a stockholder of the Company with respect to any Common Stock corresponding to the Total Performance Units granted hereby, unless and until shares of Common Stock are actually issued to be distributed with the Participant in respect to this option until becoming the record holder of such sharesthereof.

Appears in 4 contracts

Samples: Performance Unit Agreement (PPL Electric Utilities Corp), Performance Unit Agreement (PPL Electric Utilities Corp), Performance Unit Agreement (LG&E & KU Energy LLC)

No Rights as Stockholder. Subject The Participant or his legal ------------------------ representative, legatees or distributees shall not be deemed to be the holder of any shares subject to the provisions of this option, the Participant Option and shall not have any rights as of a stockholder with respect unless and until certificates for such shares have been issued and delivered to any shares of Common Stock to be distributed with respect to this option until becoming the record holder of such shareshim or them.

Appears in 4 contracts

Samples: Stock Option Agreement (Clarus Corp), Stock Option Agreement (Clarus Corp), Exhibit 99 (Clarus Corp)

No Rights as Stockholder. Subject to the provisions of this optionOption, the no Participant or Designated Beneficiary shall not have any rights as a stockholder with respect to any shares of Common Stock to be distributed with respect to this option Option until becoming the record holder of such shares. For the avoidance of doubt, this Option also does not provide for the payment or accrual of dividend equivalents.

Appears in 3 contracts

Samples: Stock Option Agreement (MEI Pharma, Inc.), Stock Option Agreement (Infinity Pharmaceuticals, Inc.), Stock Option Agreement (Achillion Pharmaceuticals Inc)

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No Rights as Stockholder. Subject to the provisions of this option, the The Participant shall not have be deemed for any rights as a stockholder with respect purpose to be the owner of any shares of Common Stock subject to be distributed with respect the Option unless and until such shares shall have been issued and delivered to this option until becoming the record holder of such sharesParticipant.

Appears in 3 contracts

Samples: Stock Option Agreement (Tribune Publishing Co), Stock Option Agreement (Tribune Publishing Co), Stock Option Agreement (Tronc, Inc.)

No Rights as Stockholder. Subject to the provisions of this option, the The Participant shall not have any no rights as a stockholder holder of the Common Stock with respect to any shares of Common Stock to be distributed with respect to this option the Options granted hereunder unless and until becoming such Options are exercised and the record holder of such sharesShares have been registered in the Participant's name as owner.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Sucampo Pharmaceuticals, Inc.), Employment Agreement (Sucampo Pharmaceuticals, Inc.), Stock Option Agreement Terms and Conditions (Sucampo Pharmaceuticals, Inc.)

No Rights as Stockholder. Subject to the provisions of this option, the The Participant shall not have any has no rights as a stockholder with respect to any shares of Common Stock to be distributed with respect to Shares issuable under this option until becoming the record holder recordholder of such sharesShares.

Appears in 2 contracts

Samples: Nonqualified Share Option Agreement (Vistaprint N.V.), Vistaprint N.V.

No Rights as Stockholder. Subject The Participant (or any other person entitled to exercise the provisions of this option, the Participant Option) shall not have be entitled to any rights as a stockholder of the Corporation with respect to any shares Shares covered by the Option until such Shares shall have been registered on the stock transfer books of Common Stock to be distributed with respect to this option until becoming the record holder Corporation in the name of the Participant (or such sharesother person).

Appears in 2 contracts

Samples: Stock Restriction Agreement (Intuit Inc), Intuit Inc

No Rights as Stockholder. Subject to the provisions of this optionOption, the Participant no Optionee or Designated Beneficiary shall not have any rights right as a stockholder with respect to any shares of Common Stock to be distributed with respect to this option an Option until becoming the record holder of such shares.

Appears in 2 contracts

Samples: Employment Agreement (Sciquest Inc), Executive Employment Agreement (Sciquest Com Inc)

No Rights as Stockholder. Subject to the provisions of this optionExcept as expressly set forth herein, the Participant Optionee shall not have any no rights as a stockholder with respect to any shares of Common Stock to be distributed with respect to this option until becoming the record holder of such shares.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (Avid Technology Inc), Nonstatutory Stock Option Agreement (Avid Technology Inc)

No Rights as Stockholder. Subject to the provisions of this option, the Participant shall not have any no rights as a ------------------------ stockholder with respect to any shares of Common Stock to be distributed with respect subject to this option until becoming Nonqualified Option prior to the record holder date of issuance to Participant of a certificate or certificates for such shares.

Appears in 1 contract

Samples: MGM Mirage

No Rights as Stockholder. Subject to the provisions of this option, the no Participant or Designated Beneficiary shall not have any rights as a stockholder with respect to any shares Shares of Common Stock to be distributed issued with respect to this option until becoming the record holder of such sharesShares.

Appears in 1 contract

Samples: Inducement Stock Option Agreement (Syros Pharmaceuticals, Inc.)

No Rights as Stockholder. Subject to the provisions of this option, the Participant shall not have any rights as a stockholder with respect to any shares of Common Stock to be distributed with respect to this option until becoming the record holder of such shares.. (c)

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Arvinas, Inc.)

No Rights as Stockholder. Subject to the provisions of this option, the The Participant shall not have any rights as of a stockholder Stockholder with respect to any shares the Covered Shares until a stock certificate or its equivalent has been duly issued following exercise of Common Stock to be distributed with respect to this option until becoming the record holder of such sharesOption as provided herein.

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Landmark Bancorp Inc)

No Rights as Stockholder. Subject to the provisions of this option, the The Participant shall not have any no rights as a stockholder with respect to any the shares of Common Stock underlying the Options, nor shall the Participant have any rights to be distributed Dividend Equivalents with respect to this option the Options, unless and until becoming the Participant has become the record holder of such shares.

Appears in 1 contract

Samples: Option Award Agreement (Key Energy Services Inc)

No Rights as Stockholder. Subject to the provisions of this option, the The Participant shall not have any rights as of a stockholder with respect to any the shares subject to the Option, until a stock certificate has been duly issued following exercise of Common Stock to be distributed with respect to this option until becoming the record holder of such sharesOption as provided herein.

Appears in 1 contract

Samples: Stock Option Agreement (Isle of Capri Casinos Inc)

No Rights as Stockholder. Subject to the provisions of this option, the The Participant shall not have any rights as a stockholder with respect to any the shares of Common Stock subject to be distributed with respect to this option the Option, until becoming a stock certificate has been duly issued following exercise of the record holder of such sharesOption as provided herein.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Great Lakes Dredge & Dock CORP)

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