Rights as Shareholders. The Optionee shall have no rights as a shareholder of the Company on account of the Option nor on account of shares of Common Stock subject hereto until such time as the Company shall have issued and delivered stock certificates to the Optionee.
Appears in 5 contracts
Samples: Stock Option Agreement (Gardenburger Inc), Stock Option Agreement (Gardenburger Inc), Stock Option Agreement (Gardenburger Inc)
Rights as Shareholders. 12.1. The Optionee shall have no rights as a shareholder of the Company on account of the Option nor on account of shares of Common Stock subject hereto until such time as of the Company shall which will be acquired upon exercise of the Option (but with respect to which no certificates have issued and been delivered stock certificates to the Optionee).
Appears in 2 contracts
Samples: Option and Incentive Stock Option Agreement (View Systems Inc), View Systems Inc
Rights as Shareholders. The Optionee shall have no rights as a shareholder of the Company on account of the Option nor on account of shares of Common Stock subject hereto until such time as of the Company shall which will be acquired upon exercise of the Option (but with respect to which no certificates have issued and been delivered stock certificates to the Optionee).
Appears in 2 contracts
Samples: Stock Option Agreement (Horizon CMS Healthcare Corp), Option Agreement (Horizon CMS Healthcare Corp)
Rights as Shareholders. The Optionee shall have no rights as a shareholder of the Company on account of the Option nor or on account of shares of Common Stock subject hereto until such time as the Company shall have issued and delivered stock certificates or DWAC to the Optionee.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Gardenburger Inc)
Rights as Shareholders. The Optionee shall not have no any rights as a shareholder with respect to Option Shares until full payment has been made to the Corporation and the Option Shares have been issued to the Optionee (as evidenced by the appropriate entry on the books of the Company on account Corporation or of a duly authorized transfer agent of the Option nor on account of shares of Common Stock subject hereto until such time as the Company shall have issued and delivered stock certificates to the OptioneeCorporation).
Appears in 1 contract
Samples: Securities Purchase Agreement (Mitel Networks Corp)
Rights as Shareholders. The Optionee shall have no rights as a shareholder with respect to any Shares until the Optionee becomes the holder of record of the Company on account of the Option nor on account of shares of Common Stock subject hereto until such time as the Company shall have issued and delivered stock certificates to the OptioneeShares.
Appears in 1 contract
