Common use of Rights as a Shareholder Clause in Contracts

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any Option Shares until the Optionee becomes the holder of record of such shares.

Rights as a Shareholder. The Optionee shall have no rights as a shareholder of the Company with respect to any Shares covered by the Option Shares until the Optionee becomes exercise of the holder of record of such sharesOption.

Rights as a Shareholder. The Optionee shall have no the rights as of a shareholder with respect to any the Shares covered by the Option Shares until the Optionee becomes only upon becoming the holder of record of such sharesthose Shares.

Rights as a Shareholder. The Optionee shall have no rights as of a shareholder with respect to any the Shares underlying the Option (including no right to receive dividends or to vote shares) unless and until such Shares until are transferred to the Optionee becomes upon the holder exercise of record of such sharesthe Option.

Rights as a Shareholder. The As a holder of the Option, Optionee shall will have no rights as a shareholder with respect to any Option Shares of the Company unless and until the Option is exercised for, or paid in the form of, Common Stock and Optionee becomes the holder of record of such shares.

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any Shares subject to the Option until certificates for Shares until of Common Stock are issued to the Optionee becomes the holder of record of such sharesOptionee.

Rights as a Shareholder. The Optionee shall have no rights as a ----------------------- shareholder of the Company with respect to any Shares covered by the Option Shares until the Optionee becomes exercise of the holder of record of such sharesOption.

Rights as a Shareholder. The Optionee shall have no rights as a shareholder of the Company with respect to any Shares covered by this Option Shares until the Optionee becomes the holder issuance of record of a stock certificate to him for such sharesShares.

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares covered by the Option Shares until the date of the issuance of a certificate representing such shares to the Optionee becomes the holder of record of and only after such sharesshares are fully paid.

Rights as a Shareholder. The Optionee shall have no rights as a ----------------------- shareholder of the Company with respect to any Shares covered by this Option Shares until the Optionee becomes the holder issuance of record of a stock certificate to him for such sharesShares.

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares of Stock subject to the Option Shares (including voting rights or dividends) until the Optionee becomes date of the holder exercise of record the Option and the issuance of such sharesthe underlying shares of Stock.

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any Shares which may be purchased by exercise of this Option unless and until a certificate or certificates representing such Shares until are duly issued and delivered to the Optionee becomes the holder of record of such sharesOptionee.

Rights as a Shareholder. The Optionee shall have no rights as a shareholder Shareholder with respect to any Option Options granted hereunder until certificates for Shares until of common stock are issued to the Optionee becomes the holder of record of such sharesOptionee.

Rights as a Shareholder. The Optionee shall have no rights as a shareholder of the Company with respect to any Option Shares covered by the Option until the Optionee becomes exercise of the holder of record of such sharesOption.

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any Shares which may be purchased by exercise of this Option Shares until the Optionee becomes the holder of record of such shares.unless and

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any Shares subject to the Option granted hereunder until certificates for Shares until of Common Stock are issued to the Optionee becomes the holder of record of such sharesOptionee.

Rights as a Shareholder. The An Optionee shall have no rights as a shareholder of the Company with respect to any Option Shares such shares of Stock until and unless there is issued a stock certificate or book-entry shares to the Optionee becomes for such shares of Stock or the holder shares of record of such sharesStock are otherwise transferred to the Optionee.

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any Shares subject to the Option Shares until the Optionee becomes Option has been duly exercised and the holder of record of such sharesShares are issued to the Optionee.

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any Option Shares subject to Options granted hereunder until certificates for Shares of Common Stock are issued to the Optionee becomes the holder of record of such sharesOptionee.

Rights as a Shareholder. The Optionee shall not have no any rights as a shareholder with respect to any Options Shares issuable upon exercise of this Option Shares until this Option has been validly exercised and the Optionee becomes the holder of record of purchase price for such sharesOption Share has been paid in full.

Rights as a Shareholder. The Optionee shall have no none of the rights as of a shareholder with respect to any the shares of Common Stock subject to this Option Shares until such shares are issued to the Optionee becomes the holder upon exercise of record of such sharesthis Option.

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares of Common Stock covered by the Option Shares unless and until the Optionee becomes shall have become the holder beneficial owner of record of such the shares., and no

Rights as a Shareholder. The Neither the Optionee nor any other ----------------------- person entitled to exercise the Option shall have no any rights as a shareholder of the Company with respect to any the shares subject to the Option Shares until a certificate for such shares has been issued to him or her upon exercise of the Optionee becomes the holder of record of such sharesOption.

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any Shares subject to the Option until Option has been duly exercised and the Shares until are issued to the Optionee becomes the holder of record of such sharesOptionee.

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any Option Shares the shares purchased until the Optionee becomes date of the holder issuance to him of record of a Certificate representing such shares.