Common use of No Rights as a Shareholder Clause in Contracts

No Rights as a Shareholder. The Participant shall have no rights as a shareholder of the Company with respect to any common stock covered by the Shares unless and until the Participant has become the holder of record of such common stock and no adjustment shall be made for dividends or other property, distributions or other rights in respect of any such common stock, except as otherwise specifically provided for in the Plan.

Appears in 7 contracts

Samples: Employee Incentive Stock Option Award Agreement (Standard Premium Finance Holdings, Inc.), Nonstatutory Stock Option Agreement, Incentive Stock Option Agreement

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No Rights as a Shareholder. The Participant shall have no rights as a shareholder of the Company with respect to any common stock covered by the Shares unless and until the Participant has become the holder of record of such common stock and no adjustment shall be made for dividends or other property, distributions or other (including rights in respect of any such common stockdividends declared or paid on the Shares), except as otherwise specifically provided for if at all, until Shares in respect of the PlanRestricted Stock Units have been issued by the Company to the Participant.

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (Global Crossing LTD), Restricted Stock Unit Agreement (Global Crossing LTD), Restricted Stock Unit Agreement (Global Crossing LTD)

No Rights as a Shareholder. The Participant shall have no rights as a shareholder of the Company with respect to any common stock covered by the Shares unless and until the Participant has become the holder of record of such common stock and no adjustment shall be made for dividends or other property, distributions or other (including rights in respect of any such common stockdividends declared or paid on the Shares), except as otherwise specifically provided for if at all, until Shares in respect of the PlanUnits have been issued by the Company to the Participant.

Appears in 4 contracts

Samples: Stock Incentive Plan (Global Crossing LTD), Performance Based Restricted Stock Unit Agreement (Global Crossing LTD), Performance Based Restricted Stock Unit Agreement (Global Crossing LTD)

No Rights as a Shareholder. The Neither the Participant nor any other person shall become the beneficial owner of the shares of Stock subject to the Option, nor have no any rights to dividends or other rights as a shareholder of the Company with respect to any common stock covered by the Shares unless and such shares, until the Participant has become actually received such shares of Stock following the holder exercise of record the Option in accordance with the terms of such common stock the Plan and no adjustment shall be made for dividends or other property, distributions or other rights in respect of any such common stock, except as otherwise specifically provided for in the Planthis Agreement.

Appears in 4 contracts

Samples: Incentive Stock Option Award Agreement (Trustco Bank Corp N Y), Incentive Stock Option Award Agreement (Trustco Bank Corp N Y), Incentive Stock Option Award Agreement (Trustco Bank Corp N Y)

No Rights as a Shareholder. The Participant shall have no rights as a shareholder of the Company with respect to any common stock Shares covered by the Shares this Option unless and until the Participant has become the holder of record of such common stock Shares and no adjustment shall be made for dividends or other property, distributions or other rights in respect of any such common stockShares, except as otherwise specifically provided for in the Plan.

Appears in 2 contracts

Samples: Incentive Share Option Agreement (XBiotech Inc.), Nonqualified Share Option Agreement (XBiotech Inc.)

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No Rights as a Shareholder. The Participant shall have no rights as a shareholder of the Company with respect to any common stock covered by the Shares unless and until the Participant has become the holder of record of such common stock Shares and no adjustment shall be made for dividends or other property, distributions or other rights in respect of any such common stockShares, except as otherwise specifically provided for in the Plan.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Medifast Inc)

No Rights as a Shareholder. The Participant shall have no rights as a shareholder of the Company with respect to any common stock Shares covered by the Shares unless and Options or Restricted Share Units until the Participant has become date of issuance of the holder of record of such common stock and no adjustment shall be made for dividends or other property, distributions or other rights in respect of any such common stock, except as otherwise specifically provided for in the Planunderlying Shares.

Appears in 1 contract

Samples: Award Agreement (Teva Pharmaceutical Industries LTD)

No Rights as a Shareholder. The A Participant shall have no rights as a shareholder of the Company with respect to any common stock Ordinary Shares covered by the Shares unless and an Option or other Award until the Participant has become date of issuance of a share certificate or other evidence of ownership for such Ordinary Shares or until the holder of record Participant’s ownership of such common stock and no adjustment Ordinary Shares shall have been entered into the books of the registrar in the case of uncertificated shares. No adjustments shall be made for dividends or other property, distributions or other rights in respect of any such common stockmade, except as otherwise specifically provided for in the PlanSection 12.

Appears in 1 contract

Samples: Award Agreement (Gorilla Technology Group Inc.)

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