Common use of Rights as a Stockholder or Employee Clause in Contracts

Rights as a Stockholder or Employee. The Optionee shall have no rights as a stockholder with respect to any shares covered by the Option until the date of the issuance of a certificate or certificates for the shares for which the Option has been exercised. No adjustment shall be made for dividends or distributions or other rights for which the record date is prior to the date such certificate or certificates are issued, except as provided in the Plan. Nothing in the Option shall confer upon the Optionee any right to be employed by, or to continue in the employment of, a Participating Company or interfere in any way with any right of the Participating Company Group to terminate the Optionee’s employment at any time.

Rights as a Stockholder or Employee. The Optionee shall have no rights as a stockholder with respect to any shares covered by the Option until the date of Option has been exercised pursuant to paragraph 4(b) above and the issuance of a certificate or certificates Company has received full payment for the shares for which the Option has been exercised. No adjustment shall be made for dividends or distributions or other rights for which the record date is prior to the date such certificate or certificates are issuedof exercise and payment in full, except as provided in the Planparagraph 9 above. Nothing in the Option shall confer upon the Optionee any right to be employed by, or to continue in the employment of, employ of a Participating Company or interfere in any way with any right of the Participating Company Group to terminate the Optionee’s 's employment at any time.

Rights as a Stockholder or Employee. The Optionee shall have no rights as a stockholder with respect to any shares of stock covered by the Option until the date of the issuance of a certificate or certificates for the shares for which the Option has been exercised. No adjustment shall be made for dividends or distributions or other rights for which the record date is prior to the date such certificate or certificates are issued, except as provided in the Planparagraph 9 below. Nothing in the this Option Agreement shall confer upon the Optionee any right to be employed by, or to continue in the employment of, employ of a Participating Company or interfere in any way with any right of the Participating Company Group to terminate the Optionee’s 's employment at any time.

Rights as a Stockholder or Employee. The Optionee shall have no rights as a stockholder with respect to any shares covered by the Option until the date of the issuance of a certificate or certificates for the shares for which the Option has been exercised. No adjustment shall be made for dividends or distributions or other rights for which the record date is prior to the date such certificate or certificates are issued, except as provided in the PlanParagraph 7 above. Nothing in the Option shall confer upon the Optionee any right to be employed by, or to continue in the employment of, employ of a Participating Company or interfere in any way with any right of the Participating Company Group to terminate the Optionee’s employment at any time.

Rights as a Stockholder or Employee. The Optionee shall have no rights as a stockholder with respect to any shares covered by the Option until the date of the issuance of a certificate or certificates for the shares for which the Option has been exercised. No adjustment shall be made for dividends or distributions or other rights for which the record date is prior to the date such certificate or certificates are issued, except as provided in the Plan. Nothing in the Option shall confer upon the Optionee any right to be employed by, or to continue in the employment of, employ of a Participating Company or interfere in any way with any right of the Participating Company Group to terminate the Optionee’s employment at any time.

Rights as a Stockholder or Employee. The Optionee shall have no rights ----------------------------------- as a stockholder with respect to any shares covered by the Option until the date of the issuance of a certificate or certificates stock certificate(s) for the shares for which the Option has been exercised. No adjustment shall be made for dividends or distributions or other rights for which the record date is prior to the date such certificate or certificates stock certificate(s) are issued, except as provided in the Planparagraph 6. Nothing in the Option shall confer upon the Optionee any right to be employed by, or to continue in the employment of, a Participating employ of the Company or interfere in any way with any right of the Participating Company Group to terminate the Optionee’s 's employment at any time.

Rights as a Stockholder or Employee. The Optionee shall have no rights as a stockholder with respect to any shares covered by the Option until the date of the issuance of a certificate or certificates for the shares for which the Option has been exercised. No adjustment shall be made for dividends or distributions or other rights for which the record date is prior to the date such certificate or certificates are issued, except as provided in the Planparagraph 9 above. Nothing in the Option shall confer upon the Optionee any right to be employed by, or to continue in the employment of, employ of a Participating Company or interfere in any way with any right of the Participating Company Group to terminate the Optionee’s 's employment at any time.

Rights as a Stockholder or Employee. The Optionee shall have no rights as a stockholder with respect to any shares covered by the Option until the date of the issuance of a certificate or certificates for the shares for which the Option has been exercised. No adjustment shall be made for dividends or distributions or other rights for which the record date is prior to the date such certificate or certificates are issued, except as provided in the PlanParagraph 9 above. Nothing in the Option shall confer upon the Optionee any right to be employed by, or to continue in the employment of, employ of a Participating Company or interfere in any way with any right of the Participating Company Group to terminate the Optionee’s employment at any time.

Rights as a Stockholder or Employee. The Optionee shall have no rights as a stockholder with respect to any shares covered by the Option until the date of the issuance of a certificate or certificates for the shares for which the Option has been exercised. No adjustment shall be made for dividends or distributions or other rights for which the record date is prior to the date such certificate or certificates are issued, except as provided in the Planparagraph 9 above. Nothing in the Option shall confer upon the Optionee any right to be employed by, or to continue in the employment of, employ of a Participating Company or interfere in any way with any right of the Participating Company Group to terminate the Optionee’s employment at any time.