Common use of No Rights as a Shareholder Clause in Contracts

No Rights as a Shareholder. Neither Participant nor Participant’s legal representatives shall have any of the rights and privileges of a shareholder of the Company with respect to the Shares of Common Stock subject to the Option until such Shares shall have been issued upon exercise of the Option.

Appears in 11 contracts

Samples: Non Qualified Stock Option Agreement (Fuller H B Co), Non Qualified Stock Option Agreement (Fuller H B Co), Non Qualified Stock Option Agreement (Fuller H B Co)

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No Rights as a Shareholder. Neither The Participant nor Participant’s legal representatives shall not have any of the rights and privileges of a shareholder of the Company with respect to the any Shares of Common Stock subject to (but not acquired upon valid exercise of) the Option Option, nor shall the Company have any obligation to pay any dividends or otherwise afford any rights to which Shares are entitled with respect to such Shares, until such Shares shall have been issued upon exercise the date of the Optionissuance to the Participant of a stock certificate evidencing such Shares.

Appears in 9 contracts

Samples: Incentive Stock Option Award Agreement (Capital Bancorp Inc), Incentive Stock Option Award Agreement (Capital Bancorp Inc), Option Agreement (Capital Bancorp Inc)

No Rights as a Shareholder. Neither The Participant nor and the Participant’s legal representatives representatives, legatees, distributees or transferees shall have not be deemed to be the holder of any of the rights and privileges of a shareholder of the Company with respect to the Shares of Common Stock subject to the Option and shall not have any rights of a shareholder unless and until certificates for such Shares shall have been issued upon exercise of the Optionand delivered to him or them.

Appears in 8 contracts

Samples: Stock Option Agreement (Atlantic Capital Bancshares, Inc.), Stock Option Agreement (Atlantic Capital Bancshares, Inc.), Employment Agreement (Atlantic Capital Bancshares, Inc.)

No Rights as a Shareholder. Neither the Participant nor the Participant’s legal representatives shall have any of the rights and privileges of a shareholder of the Company with respect to the Shares of Common Stock subject to the Option until such Shares shall have been issued upon exercise of the Option.

Appears in 6 contracts

Samples: Non Qualified Stock Option Agreement (Fuller H B Co), Non Qualified Stock Option Agreement (Fuller H B Co), Non Qualified Stock Option Agreement (Fuller H B Co)

No Rights as a Shareholder. Neither Participant you nor Participant’s your legal representatives shall have any of the rights and privileges of a shareholder of the Company with respect to the Shares shares of Common Stock subject to the Option unless and until such Shares shall have been shares are issued upon exercise of the Option.

Appears in 5 contracts

Samples: Nonqualified Stock Option Award Agreement (Darden Restaurants Inc), Stock Option Award Agreement (Darden Restaurants Inc), Nonqualified Stock Option Award Agreement (Darden Restaurants Inc)

No Rights as a Shareholder. Neither Participant you nor Participant’s your legal representatives shall have any of the rights and privileges of a shareholder of the Company with respect to the Shares shares of Common Stock subject to the Option unless and until such Shares shall have been shares are issued upon exercise of the Option.

Appears in 5 contracts

Samples: Non Qualified Stock Option Agreement (Darden Restaurants Inc), Non Qualified Stock Option Agreement (Darden Restaurants Inc), Non Qualified Stock Option Agreement (Darden Restaurants Inc)

No Rights as a Shareholder. Neither The Participant nor Participant’s legal representatives shall not have any of the rights and privileges of as a shareholder of the Company with respect to the Shares of Common Stock subject to the his or her Option until the issuance of such Shares shall have been issued upon to the Participant pursuant to the exercise of the Option.

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (Krispy Kreme Doughnuts Inc), Incentive Stock Option Agreement (Krispy Kreme Doughnuts Inc), 2012 Stock Incentive Plan Nonqualified Stock Option Agreement (Krispy Kreme Doughnuts Inc)

No Rights as a Shareholder. Neither the Participant nor Participant’s legal representatives any other person shall become the beneficial owner of the Shares subject to the Option, nor have any of the rights and privileges of to dividends or other rights as a shareholder of the Company with respect to any such Shares, until the Shares of Common Stock subject to the Option until Participant has actually received such Shares shall have been issued upon following the exercise of the OptionOption in accordance with the terms of the Plan and this Agreement.

Appears in 4 contracts

Samples: Stock Option Award Agreement (Visa Inc.), Stock Option Award Agreement (Visa Inc.), Stock Option Award Agreement (Visa Inc.)

No Rights as a Shareholder. Neither The Participant nor Participant’s and his legal representatives representatives, legatees, distributees or transferees shall have not be deemed to be the holder of any of the rights and privileges of a shareholder of the Company with respect to the Shares of Common Stock subject to the Option and shall not have any rights of a shareholder unless and until certificates for such Shares shall have been issued upon exercise of the Optionand delivered to him or them.

Appears in 3 contracts

Samples: Stock Option Agreement (Pokertek Inc), Board Member Agreement (Pokertek Inc), Stock Option Agreement (Pokertek Inc)

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No Rights as a Shareholder. Neither The Participant nor Participant’s and his legal representatives representatives, legatees or distributees shall have not be deemed to be the holder of any of the rights and privileges of a shareholder of the Company with respect to the Shares of Common Stock shares subject to the Option and shall not have any rights of a shareholder unless and until certificates for such Shares shall shares have been issued upon exercise of the Optionand delivered to him or them.

Appears in 2 contracts

Samples: Stock Option Agreement (Omni Financial Services, Inc.), Stock Option Agreement (Omni Financial Services, Inc.)

No Rights as a Shareholder. Neither Participant nor Participant’s legal representatives shall have any of the rights and privileges of a shareholder of the Company with respect to the Shares of Common Stock subject to the Option unless and until certificates for such Shares shall have been issued upon exercise of the Option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Fuller H B Co)

No Rights as a Shareholder. Neither Participant nor Participant’s 's legal representatives shall have any of the rights and privileges of a shareholder of the Company with respect to the Shares shares of Company Common Stock subject to the Option unless and until certificates for such Shares shares of Company Common Stock shall have been issued upon exercise of the Option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Hecla Mining Co/De/)

No Rights as a Shareholder. Neither Participant nor Participant’s legal representatives shall have any of the rights and privileges of a shareholder of the Company with respect to the Shares shares of Company Common Stock subject to the Option unless and until certificates for such Shares shares of Company Common Stock shall have been issued upon exercise of the Option.

Appears in 1 contract

Samples: Hecla Mining Company (Hecla Mining Co/De/)

No Rights as a Shareholder. Neither the Participant nor Participant’s any legal representatives representative, legatee, or distributee shall have be deemed to be a holder of or possess any of the shareholder rights and privileges of a shareholder of the Company with respect to the Shares any shares of Common Stock subject to the Option until prior to the issuance of such Shares shall have been issued shares upon exercise of the Option.

Appears in 1 contract

Samples: Stock Option Award Agreement (Chubb Corp)

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