Rights as a Holder. A Participant shall have no rights as a holder with respect to any Common Units covered by his or her Option until the Participant becomes a holder of such common units. Except as provided in Section 12, no adjustment shall be made for dividends or other rights as a holder with respect to such Common Units.
Appears in 6 contracts
Samples: Employment Agreement (NPC International Inc), Employment Agreement (NPC International Inc), Employment Agreement (NPC International Inc)