Privileges of Ownership. Optionee shall not have any of the rights of a stockholder with respect to the shares covered by the Option except to the extent that share certificates have actually been issued and registered in Optionee's name on the books of the Company or its registrar upon the due exercise of the Option. The Company shall be allowed a reasonable time following notice of exercise in which to accomplish the issuance and registration.
Appears in 12 contracts
Samples: Director Stock Option Agreement (Sulphco Inc), Stock Option Agreement (Sulphco Inc), Incentive Stock Option Agreement (Netter Digital Entertainment Inc)
Privileges of Ownership. Optionee shall not have any of the rights of a stockholder with respect to the shares Option Shares covered by the Option except to the extent that share certificates have actually been issued and registered in Optionee's name on the books of the Company or its registrar upon the due exercise of the Option. The Company shall be allowed a reasonable time following notice of exercise in which to accomplish the issuance and registration.
Appears in 3 contracts
Samples: Non Qualified Stock Option Agreement (Newpark Resources Inc), Non Qualified Stock Option Agreement (Newpark Resources Inc), Non Qualified Stock Option Agreement (Newpark Resources Inc)
Privileges of Ownership. Optionee shall not have any of the rights of a stockholder with respect to the shares covered by the Option except to the extent that share certificates have actually been issued and registered in Optionee's ’s name on the books of the Company or its registrar upon the due exercise of the Option. The Company shall be allowed a reasonable time following notice of exercise in which to accomplish the issuance and registration.
Appears in 3 contracts
Samples: Newpark Resources (Newpark Resources Inc), Non Statutory Stock Option Agreement (Newpark Resources Inc), Non Qualified Stock Option Agreement (Newpark Resources Inc)
Privileges of Ownership. Optionee shall not have any of the rights of a stockholder with respect to the shares Option Shares covered by the Option except to the extent that share certificates have actually been issued and registered in Optionee's ’s name on the books of the Company or its registrar upon the due exercise of the Option. The Company shall be allowed a reasonable time following notice of exercise in which to accomplish the issuance and registration.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Newpark Resources Inc), Non Qualified Stock Option Agreement (Newpark Resources Inc)
Privileges of Ownership. Optionee shall not have any of the rights of a stockholder with respect to the shares covered by the Option Shares except to the extent that share certificates have actually been issued and registered in Optionee's ’s name on the books of the Company or its registrar upon the due exercise of the Option. The Company shall be allowed a reasonable time following notice of exercise in which to accomplish the issuance and registration.
Appears in 2 contracts
Samples: Non Statutory Stock Option Agreement (Newpark Resources Inc), Non Statutory Stock Option Agreement (Newpark Resources Inc)
Privileges of Ownership. Optionee shall not have any of the rights of a stockholder stockholder with respect to the shares Option Shares covered by the Option except to the extent that share certificates have actually been issued and registered in Optionee's name on the books of the Company or its registrar upon the due exercise of the Option. The Company shall be allowed a reasonable time following notice of exercise in which to accomplish the issuance and registration.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Newpark Resources Inc), Non Qualified Stock Option Agreement (Newpark Resources Inc)