Common use of Rights of Holder Clause in Contracts

Rights of Holder. The Optionee shall not have any rights to dividends or any other rights of a stockholder with respect to any Option Shares until such Shares shall have been issued to Optionee (as evidenced by the appropriate entry on the transfer books of the Company) upon purchase of such Shares upon exercise of the Option. Furthermore, nothing contained in this Stock Option Agreement shall confer upon the Optionee any right to be continued in the employ of the Company or its subsidiaries beyond what is called for in any employment agreement that the Company may have with the Optionee.

Appears in 5 contracts

Samples: Stock Option Agreement (Cirmaker Technology Corp), Stock Option Agreement (Cirmaker Technology Corp), Stock Option Agreement (Cirmaker Technology Corp)

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Rights of Holder. The Optionee shall not not, by virtue hereof, have any rights to dividends or any other rights (including voting rights) of a stockholder with respect to any the Option Shares subject to the Option until such Shares shall have been issued to Optionee (him, as evidenced by the appropriate entry on the transfer books of the Company) Company upon purchase of such Option Shares upon exercise of the Option. Furthermore, nothing contained in this Stock Option Agreement shall confer upon the Optionee any right to be continued in the employ of the Company or its subsidiaries beyond what is called for in any employment agreement that the Company may have with the Optionee.

Appears in 4 contracts

Samples: Option Agreement (Nuwave Technologies Inc), Option Agreement (Nuwave Technologies Inc), Option Agreement (Nuwave Technologies Inc)

Rights of Holder. The Optionee shall not have any rights to dividends or any other rights of a stockholder with respect to any Option Shares until such Shares shares shall have been issued to Optionee him (as evidenced by the appropriate entry on the transfer books of the Company) upon purchase of such Shares shares upon exercise of the Option. Furthermore, nothing contained in this Stock Option Agreement shall confer upon the Optionee any right to be continued in the employ of the Company or its subsidiaries beyond what is called for in any employment agreement that the Company may have with the Optionee’s employment agreement, if any.

Appears in 2 contracts

Samples: Stock Option Agreement (1847 Holdings LLC), Stock Option Agreement (1847 Holdings LLC)

Rights of Holder. The Optionee shall not have any rights to ---------------- voting, dividends or any other rights of a stockholder with respect to any Option Shares until the certificates for such Option Shares shall have been issued to Optionee (him as evidenced by the appropriate entry on the transfer stock record books of the Company) Company upon purchase of such Option Shares upon exercise of the Option. Furthermore, nothing contained in this Stock Option Agreement shall confer upon the Optionee any right to be continued in the employ of the Company or its subsidiaries beyond what is called for in any employment agreement that the Company may have with the Optionee.

Appears in 2 contracts

Samples: Stock Option Agreement (Caprius Inc), Stock Option Agreement (Caprius Inc)

Rights of Holder. The Optionee Option Holder shall not have any rights to dividends or any other rights of a stockholder with respect to any Option Shares until such Shares shares shall have been issued to Optionee him (as evidenced by the appropriate entry on the transfer books of the Company) upon purchase of such Shares shares upon exercise of the Option. Furthermore, nothing contained in this Stock Option Agreement shall confer upon the Optionee Option Holder any right to be continued in the employ of the Company or its subsidiaries beyond what is called for in any the Option Holder’s employment agreement that the Company may have with the Optioneeagreement, if any.

Appears in 2 contracts

Samples: Option Agreement (Healing Co Inc.), Option Agreement (Victory Energy Corp)

Rights of Holder. The Optionee shall not have any rights to dividends ---------------- or any other rights of a stockholder with respect to any Option Shares until such Shares shall have been issued to Optionee him (as evidenced by the appropriate entry on the transfer books of the Company) upon purchase of such Shares upon exercise of the Option. Furthermore, nothing contained in this Stock Option Agreement shall confer upon the Optionee any right to be continued in the employ of the Company or its subsidiaries beyond what is called for in any employment agreement that the Company may have with the Optionee.

Appears in 2 contracts

Samples: Stock Option Agreement (Equidyne Corp), Stock Option Agreement (Equidyne Corp)

Rights of Holder. The Optionee shall not have any ---------------- rights to dividends or any other rights of a stockholder with respect to any Option Shares until such Shares shall have been issued to Optionee him (as evidenced by the appropriate entry on the transfer books of the Company) upon purchase of such Shares upon exercise of the Option. Furthermore, nothing contained in this Stock Option Agreement shall confer upon the Optionee any right to be continued in the employ of the Company or its subsidiaries beyond what is called for in any employment agreement that the Employment Agreement or shall prevent the Company may have from terminating his employment in accordance with the OptioneeEmployment Agreement.

Appears in 1 contract

Samples: Stock Option Agreement (Advanced NMR Systems Inc)

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Rights of Holder. The Optionee shall not have any rights to ---------------- dividends or any other rights of a stockholder with respect to any Option Shares until such Shares shall have been issued to Optionee him (as evidenced by the appropriate entry on the transfer books of the Company) upon purchase of such Shares upon exercise of the Option. Furthermore, nothing contained in this Stock Option Agreement shall confer upon the Optionee any right to be continued in the employ of the Company or its subsidiaries beyond what is called for in any employment agreement that the Employment Agreement or shall prevent the Company may have from terminating his employment in accordance with the OptioneeEmployment Agreement.

Appears in 1 contract

Samples: Stock Option Agreement (American Electromedics Corp)

Rights of Holder. The Optionee shall not have any rights to dividends or any other rights of a stockholder with respect to any Option Shares until such Shares shall have been issued to Optionee him (as evidenced by the appropriate entry on the transfer books of the Company) upon purchase of such Shares upon exercise of the Option. Furthermore, nothing contained in this Stock Option Agreement shall confer upon the Optionee any right to be continued in the employ of the Company or its subsidiaries beyond what is called for in any employment agreement that the Employment Agreement or shall prevent the Company may have from terminating his employment in accordance with the OptioneeEmployment Agreement.

Appears in 1 contract

Samples: Stock Option Agreement (Panagra International Corp/)

Rights of Holder. The Optionee shall not not, by virtue ---------------- hereof, have any rights to dividends or any other rights (including voting rights) of a stockholder with respect to any the Option Shares subject to the Option until such Shares shall have been issued to Optionee (him, as evidenced by the appropriate entry on the transfer books of the Company) Company upon purchase of such Option Shares upon exercise of the Option. Furthermore, nothing contained in this Stock Option Agreement shall confer upon the Optionee any right to be continued in the employ of the Company or its subsidiaries beyond what is called for in any employment agreement that the Company may have with the Optionee.

Appears in 1 contract

Samples: Option Agreement (Nuwave Technologies Inc)

Rights of Holder. The Optionee shall not have any rights to ---------------- dividends or any other rights of a stockholder with respect to any Option Shares until such Option Shares shall have been issued to Optionee him (as evidenced by the appropriate entry on the transfer books of the Company) upon purchase of such Option Shares upon exercise of the Option. Furthermore, nothing contained in this Stock Option Agreement shall confer upon the Optionee any right to be continued in the employ of the Company or its subsidiaries beyond what is called for in any employment agreement that the Company may have with the Optionee.

Appears in 1 contract

Samples: Stock Option Agreement (American Electromedics Corp)

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