Common use of No Rights in Option Shares Clause in Contracts

No Rights in Option Shares. The Optionee shall have none of the rights of a stockholder with respect to the Option Shares unless and until shares of Common Stock are issued upon exercise of the Option.

Appears in 48 contracts

Samples: Employee Option Agreement (Hexcel Corp /De/), Employee Option Agreement (Hexcel Corp /De/), Employee Option Agreement (Hexcel Corp /De/)

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No Rights in Option Shares. The Optionee shall have none of the rights of as a stockholder shareholder with respect to the any Option Shares unless and until shares of Common Stock are such Option Shares shall be issued to him upon exercise of the Option.

Appears in 10 contracts

Samples: Option Agreement (Concord Camera Corp), Employment Agreement (Bank Jos a Clothiers Inc /De/), Option Agreement (Concord Camera Corp)

No Rights in Option Shares. The Optionee shall have none of the rights of a stockholder shareholder with respect to the Option Shares unless and until shares of Common Stock are issued to him upon exercise of the Option.

Appears in 8 contracts

Samples: Stock Option Agreement (Abovenet Inc), Stock Option Agreement (Abovenet Inc), Stock Option Agreement (Abovenet Inc)

No Rights in Option Shares. The Optionee shall have none of the rights of a stockholder shareholder with respect to the Option Shares unless and until shares of Common Stock the Option Shares are issued to it upon exercise of the Option.

Appears in 3 contracts

Samples: Option Agreement (Lumenis LTD), Option Agreement (Lumenis LTD), Option Agreement (Thinking Technologies Lp)

No Rights in Option Shares. The Optionee shall have none of the rights of as a stockholder shareholder with respect to the any Option Shares unless and until shares of Common Stock are such Option Shares shall be issued to him upon exercise of the Option. 12.

Appears in 3 contracts

Samples: Exhibit K Option Agreement (Concord Camera Corp), Exhibit I Option Agreement (Concord Camera Corp), Exhibit J Option Agreement (Concord Camera Corp)

No Rights in Option Shares. The Optionee shall have none of the rights of a stockholder with respect to the Option Shares unless and until shares of Common Stock are issued to him upon exercise of the Option.

Appears in 2 contracts

Samples: Option Agreement ('Mktg, Inc.'), Option Agreement ('Mktg, Inc.')

No Rights in Option Shares. The Optionee shall have none of the ofthe rights of as a stockholder shareholder with respect to the any Option Shares unless and until shares of Common Stock are such Option Shares shall be issued to him upon exercise of the Option.

Appears in 2 contracts

Samples: Agreement (Concord Camera Corp), Agreement (Concord Camera Corp)

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No Rights in Option Shares. The Optionee shall have none of the rights of a stockholder shareholder with respect to the Option Shares unless and until shares of Common Stock are issued to it upon exercise of the Option.

Appears in 1 contract

Samples: Option Agreement (Pro Net Link Corp)

No Rights in Option Shares. The Optionee Optionees shall have none of the rights of a stockholder with respect to the Option Shares unless and covered by the Options granted in this Agreement until shares of Common Stock are Shares shall be issued to BAW upon exercise of the OptionOptions.

Appears in 1 contract

Samples: Consulting Agreement (ContinuityX Solutions, Inc.)

No Rights in Option Shares. The Optionee shall have none no rights as a shareholder in respect of the rights of a stockholder with respect to the Option Shares unless and until shares of Common Stock are issued upon exercise of as to which the OptionStock Option granted hereunder shall not have been exercised and payment made as herein provided.

Appears in 1 contract

Samples: Stock Option Agreement (Nbty Inc)

No Rights in Option Shares. The Optionee shall have none no rights as a shareholder in respect of the rights of a stockholder with respect to the Option Shares unless and until shares of Common Stock are issued upon exercise of as to which the OptionIncentive Stock Options granted hereunder shall not have been exercised and payment made as herein provided.

Appears in 1 contract

Samples: Stock Option Agreement (Nbty Inc)

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