Common use of No Rights of Shareholder Clause in Contracts

No Rights of Shareholder. Neither the Optionee nor any person or persons entitled to exercise the Optionee's rights under this Option in accordance herewith shall have any rights to dividends or to Common Stock subject to this Option, except to the extent that a certificate for such shares shall have been issued upon the exercise of this Option as provided herein.

Appears in 10 contracts

Samples: Non Qualified Stock Option Agreement (Lithium Technology Corp), Incentive Stock Option Agreement (Lithium Technology Corp), Qualified Stock Option Agreement (Lithium Technology Corp)

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No Rights of Shareholder. Neither the Optionee nor any person or persons entitled to exercise the Optionee's rights under this Option in accordance herewith shall have any rights to dividends or to Common Stock subject to this Option, except to the extent that a certificate for such shares shall have been issued upon the exercise of this Option as provided herein.that

Appears in 1 contract

Samples: Consolidated Capital of North America Inc

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