Common use of Privileges of Stock Ownership Clause in Contracts

Privileges of Stock Ownership. Optionee shall not have any of the rights of a shareholder with respect to any Shares until Optionee exercises the Option and pay the Exercise Price.

Appears in 4 contracts

Samples: Stock Option Agreement (Accesspoint Corp /Nv/), Stock Option Agreement (Accesspoint Corp /Nv/), Stock Option Agreement (Accesspoint Corp /Nv/)

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Privileges of Stock Ownership. Optionee shall not have any of the rights of a shareholder with respect to any Shares until Optionee exercises the Option and pay the Exercise PriceShares are issued to Optionee.

Appears in 3 contracts

Samples: Stock Option Agreement (Third Coast Bancshares, Inc.), Agreement (Nexsan Corp), Stock Option Agreement (Nexsan Corp)

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Privileges of Stock Ownership. Optionee shall not have any of the rights of a shareholder with respect to any Shares unless and until Optionee exercises the this Option with respect to such Shares and pay pays the Exercise PricePrice for such Shares.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (HNC Software Inc/De), Non Qualified Stock Option Agreement (HNC Software Inc/De)

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