NATURE OF OPTION. Employee shall not have any interest in any fund or in any specific asset or assets of the Company by reason of the Option granted hereunder, or any right to exercise any of the rights or privileges of a stockholder with respect to the Option until Shares are issued in connection with any exercise.
Appears in 7 contracts
Samples: Nonstatutory Stock Option Agreement (EnSync, Inc.), Nonstatutory Stock Option Agreement (EnSync, Inc.), Nonstatutory Stock Option Agreement (WaferGen Bio-Systems, Inc.)
NATURE OF OPTION. The Employee shall not have any interest in any fund or in any specific asset or assets of the Company by reason of the Option granted hereunder, or any right to exercise any of the rights or privileges of a stockholder with respect to the Option until Shares are issued in connection with any exercise.
Appears in 2 contracts
Samples: Nonstatutory Stock Option Agreement (ZBB Energy Corp), Nonstatutory Stock Option Agreement (ZBB Energy Corp)
