Privilege of Stock Ownership. The Optionee shall not be deemed to be the holder of, or to have any of the rights of the holder with respect to, any Option Shares unless and until the Company shall have issued and delivered the shares to the Optionee, and the Optionee's name shall have been entered as a stockholder of record on the books of the Company. Thereupon, the Optionee shall have full voting and other ownership rights with respect to such shares.
Appears in 4 contracts
Samples: Stock Option Agreement (Miller Industries Inc), Stock Option Agreement (Miller Industries Inc), Stock Option Agreement (Miller Industries Inc)
Privilege of Stock Ownership. The Optionee shall not be deemed to be holder of the holder of, or to Option will have any none of the rights of the holder with respect to, any Option Shares unless and until the Company shall have issued and delivered the shares to the Optionee, and the Optionee's name shall have been entered as a stockholder of record on the books of the Company. Thereupon, the Optionee shall have full voting and other ownership rights shareholder with respect to the Option Shares until such sharesindividual has exercised the Option and has been issued a stock certificate for the Option Shares.
Appears in 3 contracts
Samples: Stock Option Agreement (Intelidata Technologies Corp), Stock Option Agreement (Intelidata Technologies Corp), Employment Agreement (Intelidata Technologies Corp)
Privilege of Stock Ownership. The Optionee shall not be deemed to be the holder of, or to have any of the rights of the a holder with respect to, any Option Shares unless and until the Option shall have been exercised pursuant to the terms hereof, the Company shall have issued and delivered the shares to the Optionee, and the Optionee's name shall have been entered as a stockholder of record on the books of the Company. Thereupon, the Optionee shall have full voting and other ownership rights with respect to such shares.
Appears in 3 contracts
Samples: Non Qualified Stock Option Agreement (Ceristar Inc), Non Qualified Stock Option Agreement (Ceristar Inc), Non Qualified Stock Option Agreement (Ceristar Inc)
Privilege of Stock Ownership. The Optionee holder of this option shall not be deemed to be the holder of, or to have any of the rights of the holder with respect to, any Option Shares unless and until the Company shall have issued and delivered the shares to the Optionee, and the Optionee's name shall have been entered as a stockholder of record on the books of the Company. Thereupon, the Optionee shall have full voting and other ownership rights with respect to the Optioned Shares until such sharesindividual shall have exercised the option and paid the Option Price.
Appears in 3 contracts
Samples: Idec Pharmaceuticals Corp / De, Agreement (Laser Power Corp/Fa), Stock Option Agreement (Laser Power Corp/Fa)
Privilege of Stock Ownership. The Optionee shall not be deemed to be holder of the holder of, or to Option will have any none of the rights of the holder with respect to, any Option Shares unless and until the Company shall have issued and delivered the shares to the Optionee, and the Optionee's name shall have been entered as a stockholder of record on the books of the Company. Thereupon, the Optionee shall have full voting and other ownership rights shareholder with respect to the option Shares until such sharesindividual has exercised the option and has been issued a stock certificate for the Option Shares.
Appears in 2 contracts
Samples: Stock Option Agreement (World Air Holdings, Inc.), Director Stock Option Agreement (World Air Holdings, Inc.)
Privilege of Stock Ownership. The Optionee holder of this option shall not be deemed to be the holder of, or to have any ---------------------------- of the rights of the holder with respect to, any Option Shares unless and until the Company shall have issued and delivered the shares to the Optionee, and the Optionee's name shall have been entered as a stockholder of record on the books of the Company. Thereupon, the Optionee shall have full voting and other ownership rights shareholder with respect to the Optioned Shares until such sharesindividual shall have exercised the option and paid the Option Price.
Appears in 2 contracts
Samples: Personal Computer (Personal Computer Products Inc), Personal Computer (Personal Computer Products Inc)
Privilege of Stock Ownership. The Optionee holder of this option shall not be deemed to be the holder of, or to have any of the rights of the holder with respect to, any Option Shares unless and until the Company shall have issued and delivered the shares to the Optionee, and the Optionee's name shall have been entered as a stockholder of record on the books of the Company. Thereupon, the Optionee shall have full voting and other ownership rights shareholder with respect to the Optioned Shares until such individual shall have exercised the option, paid the Option Price for the purchased shares and satisfied all other applicable conditions precedent to the issuance of the certificates for such shares.
Appears in 2 contracts
Samples: Nonstatutory Stock Option Agreement (Giga Tronics Inc), Nonstatutory Stock Option Agreement (Giga Tronics Inc)
Privilege of Stock Ownership. The Optionee holder of this option shall not be deemed to be the holder of, or to ---------------------------- have any of the rights of the holder with respect to, any Option Shares unless and until the Company shall have issued and delivered the shares to the Optionee, and the Optionee's name shall have been entered as a stockholder of record on the books of the Company. Thereupon, the Optionee shall have full voting and other ownership rights shareholder with respect to the Optioned Shares until such sharesindividual shall have exercised the option and paid the Option Price.
Appears in 1 contract
Samples: Stock Option Agreement (Corsair Communications Inc)
Privilege of Stock Ownership. The Optionee shall not be deemed to be the holder of, or to have any of the rights of the holder with respect to, any Option Shares unless and until the Company shall have issued and delivered the shares to the Optionee, and the Optionee's name shall have been entered as a ---------------------------- stockholder of record on the books of the Company. Thereupon, the Optionee shall have full voting and other ownership rights with respect to the Option Shares until such individual shall have exercised the Option and paid the Option Price for the purchased shares.
Appears in 1 contract
Samples: Elaine Hamilton Non Statutory Stock Option Agreement (Vicinity Corp)
Privilege of Stock Ownership. The Optionee holder of this option shall not be deemed to be the holder of, or to have any of the rights of the holder with respect to, any Option Shares unless and until the Company shall have issued and delivered the shares to the Optionee, and the Optionee's name shall have been entered as a stockholder of record on the books of the Company. Thereupon, the Optionee shall have full voting and other ownership rights shareholder with respect to the Optioned Shares until such individual shall have exercised the option, paid the Option Price for the purchased shares and been issued a stock certificate for such shares.
Appears in 1 contract
Samples: Stock Option Agreement (Oncor Inc)
Privilege of Stock Ownership. The Optionee shall not be deemed to be the holder of, or to have any of the rights of the a holder with respect to, any Option Shares unless and until until: (i) the Option shall have been exercised pursuant to the terms hereof; (ii) the Company shall have issued and delivered the shares to the Optionee, ; and the (iii) Optionee's name shall have been entered as a stockholder of record on the books of the Company. Thereupon, the Optionee shall have full voting and other ownership rights with respect to such sharesOption Shares.
Appears in 1 contract
Samples: Employee Incentive Stock Option Agreement (Technical Chemicals & Products Inc)
Privilege of Stock Ownership. The Optionee holder of this option shall ---------------------------- not be deemed to be the holder of, or to have any of the rights of the holder with respect to, any Option Shares unless and until the Company shall have issued and delivered the shares to the Optionee, and the Optionee's name shall have been entered as a stockholder of record on the books of the Company. Thereupon, the Optionee shall have full voting and other ownership rights shareholder with respect to the Optioned Shares until such sharesindividual shall have exercised the option and paid the Option Price.
Appears in 1 contract
Samples: Stock Option Agreement (Telik Inc)
Privilege of Stock Ownership. The Optionee shall not be deemed to be holder of the holder of, or to Option will have any ----------------------------- none of the rights of the holder with respect to, any Option Shares unless and until the Company shall have issued and delivered the shares to the Optionee, and the Optionee's name shall have been entered as a stockholder of record on the books of the Company. Thereupon, the Optionee shall have full voting and other ownership rights shareholder with respect to the option Shares until such sharesindividual has exercised the option and has been issued a stock certificate for the Option Shares.
Appears in 1 contract
Privilege of Stock Ownership. The Optionee shall not be deemed to be the holder of, or to have any of the no rights of the holder as a stockholder with respect to, any to the shares of common stock subject to this Option Shares unless and until the Company shall have issued and delivered date of issuance of certificates representing the shares to the Optionee, and the Optionee's name shall have been entered as a stockholder of record on the books of the Company. Thereupon, the Optionee shall have full voting and other ownership rights with respect to such shares.
Appears in 1 contract
Privilege of Stock Ownership. The Optionee holder of this Option shall not be deemed to be the holder of, or to ---------------------------- have any of the rights of the holder with respect to, any Option Shares unless and until the Company shall have issued and delivered the shares to the Optionee, and the Optionee's name shall have been entered as a stockholder of record on the books of the Company. Thereupon, the Optionee shall have full voting and other ownership rights shareholder with respect to the Option Shares until such sharesindividual shall have exercised the Option and paid the Option Price.
Appears in 1 contract
Samples: Stock Option Agreement (Buy Com Inc)
Privilege of Stock Ownership. The Optionee shall not be deemed to be holder of the holder of, or to Option will have any ---------------------------- none of the rights of the holder with respect to, any Option Shares unless and until the Company shall have issued and delivered the shares to the Optionee, and the Optionee's name shall have been entered as a stockholder of record on the books of the Company. Thereupon, the Optionee shall have full voting and other ownership rights shareholder with respect to the option Shares until such sharesindividual has exercised the option and has been issued a stock certificate for the Option Shares.
Appears in 1 contract
