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

Rights as a Stockholder or Employee. The Participant shall have no rights as a stockholder with respect to the Shares until such time the Shares are issued to the Participant in the form of a certificate or certificates for the Shares. Except as provided in Section 14(a) of the Plan, 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. Nothing in the Plan or in this Award Agreement shall confer upon the Participant any right to continue as a Service Provider or to interfere in any way with any right of the Company to terminate the Participant’s Service Provider relationship at any time.

Appears in 5 contracts

Samples: 2003 Stock Plan (3com Corp), Restricted Stock Agreement (3com Corp), Restricted Stock Agreement (3com Corp)

AutoNDA by SimpleDocs

Rights as a Stockholder or Employee. The Participant shall have no rights as a stockholder with respect to the Shares until such time the Shares are issued to the Participant in the form of a certificate or certificates for the Shares. Except as provided in Section 14(a) of the Plan, 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. Nothing in the Plan or in this Award Agreement shall confer upon the Participant any right to continue as a Service Provider Provider, alter the Participant’s at-will employment status, or to interfere in any way with any right of the Company to terminate the Participant’s Service Provider relationship at any time.

Appears in 3 contracts

Samples: 2003 Stock Plan (3com Corp), Restricted Stock Grant Agreement (3com Corp), 2003 Stock Plan (3com Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.