Common use of Privileges of Stock Ownership Clause in Contracts

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

Appears in 4 contracts

Samples: Employment Agreement (Centaur Pharmaceuticals Inc), Nonqualified Stock Option Agreement (Micron Electronics Inc), Nonqualified Stock Option Agreement (Micron Electronics Inc)

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

Appears in 3 contracts

Samples: Stock Option Agreement (Cei Systems Inc), Stock Option Agreement (Cei Systems Inc), Stock Option Agreement (Cei Systems Inc)

Privileges of Stock Ownership. Participant shall not have any of the ----------------------------- rights of a shareholder stockholder with respect to any Shares until Participant exercises the this Option and pays the Exercise Price.

Appears in 3 contracts

Samples: Director Stock Option Agreement (Nutracea), Director Stock Option Agreement (Nutracea), Stock Option Agreement (Cellegy Pharmaceuticals Inc)

Privileges of Stock Ownership. Participant shall not have any of the ----------------------------- rights of a shareholder stockholder in the Company with respect to any Shares until Participant exercises the Option and pays the Exercise Price.

Appears in 2 contracts

Samples: Form of Stock Option Agreement (Legend Oil & Gas, Ltd.), – Stock Option Agreement (Legend Oil & Gas, Ltd.)

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Privileges of Stock Ownership. Participant shall not have any of the ----------------------------- rights of a shareholder with respect to any Shares until Participant exercises the Option Options and pays the Exercise PricePrice and all requisite taxes.

Appears in 1 contract

Samples: Vyyo Inc. Option Agreement (Vyyo Inc)

Privileges of Stock Ownership. Participant shall not have any of ----------------------------- the ----------------------------- rights of a shareholder with respect to any Shares until Participant exercises the this Option and pays the Exercise Price.

Appears in 1 contract

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

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