Qualification of Rights. Neither this Agreement nor the existence of the Option shall be construed as giving the Participant any right (a) to be retained in the employ of the Company or any of its affiliates; or (b) as a shareholder with respect to the Shares until the certificates for the Shares have been issued and delivered to the Participant.
Appears in 11 contracts
Samples: Incentive Stock Option Agreement (Finward Bancorp), Nonqualified Stock Option Agreement (Finward Bancorp), Nonqualified Stock Option Agreement (Northwest Indiana Bancorp)
Qualification of Rights. Neither this Agreement nor the existence of the Option shall be construed as giving the Participant any right (a) to be retained in the employ as a director or employee of the Company or any of its affiliates; or (b) as a shareholder with respect to the Shares until the certificates for the Shares have been issued and delivered to the Participant.
Appears in 4 contracts
Samples: Qualified Stock Option Agreement (Northwest Indiana Bancorp), Nonqualified Stock Option Agreement (Northwest Indiana Bancorp), Nonqualified Stock Option Agreement (LSB Financial Corp)
Qualification of Rights. Neither this Agreement nor the existence of the Option shall be construed as giving the Participant any right (a) to be retained in the employ of the Company or any of its affiliates; or (b) as a shareholder with respect to the Shares Shares, until the certificates for the Shares have been issued and delivered to the Participant.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Hurco Companies Inc), Form of Award Agreement (Tower Financial Corp)
Qualification of Rights. Neither this Agreement nor the existence of the Option shall be construed as giving the Participant any right (a) to be retained in the employ as a director or employee of the Company or any of its affiliatessubsidiaries; or (b) as a shareholder with respect to the Shares until the certificates for the Shares have been issued and delivered to the Participant.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Integra Bank Corp), Nonqualified Stock Option Agreement (National City Bancshares Inc)
Qualification of Rights. Neither this Agreement nor the existence of the Option any allocation of Value described herein shall be construed as giving the Participant any right (a) to be retained in the employ as a director or employee of the Company Partnership or any of its affiliatesAffiliates; or (b) as a shareholder with respect to the Shares shares of Common Stock underlying the Value or Adjusted Value until the certificates for the Shares Common Stock have been issued and delivered to the Participant.
Appears in 1 contract
Samples: 2006 Restricted Stock Agreement (Simon Property Group Inc /De/)
Qualification of Rights. Neither this Agreement nor the existence of the Option shall be construed as giving the Participant any right (a) to be retained in the employ of the Company or any of its affiliatessubsidiaries; or (b) as a shareholder with respect to the Shares until the certificates for the Shares have been issued and delivered to the Participant.
Appears in 1 contract
Samples: Incentive Stock Option Agreement (Integra Bank Corp)
Qualification of Rights. Neither this Agreement nor the existence of the Option shall be construed as giving the Participant any right (a) to be retained in the employ of the Company or any of its affiliates; or (b) as a shareholder with respect to the Shares Shares, until the certificates for the Shares have been issued and delivered to the Participant.
Appears in 1 contract
Samples: Form of Award Agreement for Directors (Tower Financial Corp)
Qualification of Rights. Neither this Agreement nor the existence of the Option shall be construed as giving the Participant any right (a) to be retained in the employ as an employee of the Company or any of its affiliatessubsidiaries; or (b) as a shareholder with respect to the Shares until the certificates for the Shares have been issued and delivered to the Participant.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Integra Bank Corp)
