Common use of Rights as a Shareholder Clause in Contracts

Rights as a Shareholder. The Optionee will have no rights as a shareholder unless and until all conditions to the effective exercise of this Option (including, without limitation, the conditions set forth in Sections 4 and 6 of this Agreement) have been satisfied and the Optionee has become the holder of record of such shares. No adjustment will be made for dividends or distributions with respect to this Option as to which there is a record date preceding the date the Optionee becomes the holder of record of such shares, except as may otherwise be provided in the Plan or determined by the Committee in its sole discretion.

Appears in 21 contracts

Samples: Employment Agreement (BeneChill, Inc.), Form of Incentive Stock Option Agreement (Biosante Pharmaceuticals Inc), Form of Non Statutory Stock Option Agreement (Mocon Inc)

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Rights as a Shareholder. The Optionee will have has no rights as a shareholder with respect to the Option Shares issuable upon exercise of this Option unless and until all conditions to the effective exercise of this Option (including, without limitation, the conditions set forth stated in Sections 4 and 6 of this Agreement) have been satisfied and the Optionee has become the holder of record of such sharesthe Option Shares. No adjustment will be made for dividends or distributions with respect to this Option as to for which there is a the record date preceding Date precedes the date the Optionee becomes the holder of record of such sharesthe Option Shares, except as may otherwise be provided in the Plan or determined by the Committee in its sole discretion.

Appears in 9 contracts

Samples: Incentive Stock Option Agreement (Southwest Casino Corp), Incentive Stock Option Agreement (Southwest Casino Corp), Director Stock Option Agreement (Southwest Casino Corp)

Rights as a Shareholder. The Optionee will shall have no rights as a shareholder by reason of this Option unless and until all conditions to the effective exercise of this Option with respect to some or all of the Option Shares (including, without limitation, the conditions set forth in Sections 4 and 6 of this Agreement) have been satisfied and the Optionee has become the holder of record of such shares. No adjustment will shall be made for dividends or distributions with respect to this Option as to which there is a record date preceding the date the Optionee becomes the holder of record of such shares, except as may otherwise be provided in the Plan or determined by the Committee in its sole discretion.

Appears in 6 contracts

Samples: Non Statutory Stock Option Agreement (Inspire Medical Systems, Inc.), Incentive Stock Option Agreement (Inspire Medical Systems, Inc.), Incentive Stock Option Agreement (Inspire Medical Systems, Inc.)

Rights as a Shareholder. The Optionee will have no rights as a shareholder unless and until all conditions to the effective exercise of this the Option (including, without limitation, the conditions set forth in Sections 3, 4 and 6 of this Agreement) have been satisfied and the Optionee has become the holder of record of such shares. No adjustment will be made for dividends or distributions with respect to this the Option as to which there is a record date preceding the date the Optionee becomes the holder of record of such shares, except as may otherwise be provided in the Plan or determined by the Committee in its sole discretion.

Appears in 4 contracts

Samples: Form of Non Statutory Stock Option Agreement (Northern Technologies International Corp), Form of Incentive Stock Option Agreement (Northern Technologies International Corp), Form of Non Statutory Stock Option Agreement (Northern Technologies International Corp)

Rights as a Shareholder. The Optionee will have no rights as a shareholder unless and until all conditions to the effective exercise of this Option (including, without limitation, the conditions set forth in Sections Section 4 and 6 of this AgreementAgreement and Section 14 of the Plan) have been satisfied and the Optionee has become the holder of record of such shares. No adjustment will be made for dividends or distributions with respect to this Option as to which there is a record date preceding the date the Optionee becomes the holder of record of such shares, except as may otherwise be provided in the Plan or determined by the Committee in its sole discretion.

Appears in 4 contracts

Samples: Non Statutory Stock Option Agreement (Transoma Medical Inc), Incentive Stock Option Agreement (Transoma Medical Inc), Non Statutory Stock Option Agreement (Synovis Life Technologies Inc)

Rights as a Shareholder. The Optionee will have no rights as a shareholder unless and until all conditions to the effective exercise of this Option (including, without limitation, the conditions set forth in Sections 4 and 6 of this Agreementthe Plan) have been satisfied and the Optionee has become the holder of record of such shares. No adjustment will be made for dividends or distributions with respect to this Option as to which there is a record date preceding the date the Optionee becomes the holder of record of such shares, except as may otherwise be provided in the Plan or determined by the Committee in its sole discretion.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Select Comfort Corp), Performance Based Stock Option Agreement (Select Comfort Corp), Incentive Stock Option Agreement (LSC Inc)

Rights as a Shareholder. The Optionee will have no rights as a shareholder with respect to Option Shares issuable upon exercise of this Option unless and until all conditions to the effective exercise of this Option (including, without limitation, the conditions set forth in Sections 4 and 6 of this Agreement) have been satisfied and the Optionee has become the holder of record of such sharesOption Shares. No adjustment will be made for dividends or distributions with respect to this Option as to which there is a record date preceding the date the Optionee becomes the holder of record of such shares, except as may otherwise be provided in the Plan or determined by the Committee in its sole discretionOption Shares.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Southwest Casino Corp), Non Qualified Stock Option Agreement (Southwest Casino Corp), Non Qualified Stock Option Agreement (Southwest Casino Corp)

Rights as a Shareholder. The Optionee will have no rights as a shareholder unless and until all conditions to the effective exercise of this Option (including, without limitation, the conditions set forth in Sections Section 4 and 6 of this AgreementAgreement and Section 11 of the Plan) have been satisfied and the Optionee has become the holder of record of such shares. No adjustment will be made for dividends or distributions with respect to this Option as to which there is a record date preceding the date the Optionee becomes the holder of record of such shares, except as may otherwise be provided in the Plan or determined by the Committee in its sole discretion.

Appears in 2 contracts

Samples: Non Statutory Stock Option Agreement (Tech Squared Inc), Incentive Stock Option Agreement (Tech Squared Inc)

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Rights as a Shareholder. The Optionee will have no rights as a shareholder unless and until all conditions to the effective exercise of this Option (including, without limitation, the conditions set forth in Sections 3, 4 and 6 of this Agreement) have been satisfied and the Optionee has become the holder of record of such shares. No adjustment will be made for dividends or distributions with respect to this Option as to which there is a record date preceding the date the Optionee becomes the holder of record of such shares, except as may otherwise be provided in the Plan or determined by the Committee in its sole discretion.

Appears in 2 contracts

Samples: Non Statutory Stock Option Agreement (Northern Technologies International Corp), Incentive Stock Option Agreement (Northern Technologies International Corp)

Rights as a Shareholder. The Optionee will have no rights as a shareholder unless and with respect to any shares covered by the Option until all conditions to the effective exercise of this Option (including, without limitation, the conditions set forth in Sections 4 and 6 of this Agreement) have been satisfied and date that the Optionee has become fully complied with the holder terms of record of such sharesSection 5.2 above. No Except as provided in Section 5.4 above, no adjustment will be made for dividends dividends, other distributions, or distributions with respect other rights for which the record data is prior to this Option as to which there is a record date preceding the date the Optionee becomes the holder of record of such shares, except as may otherwise be provided in the Plan or determined by the Committee in its sole discretionissuance.

Appears in 1 contract

Samples: Stock and Option Purchase Agreement (Chadbourne Corp Et Al)

Rights as a Shareholder. The Optionee will have no rights as a shareholder unless and with respect to any shares covered by the Option until all conditions to the effective exercise of this Option (including, without limitation, the conditions set forth in Sections 4 and 6 of this Agreement) have been satisfied and date that the Optionee has become fully complied with the holder terms of record of such sharesSection 5.2 above. No Except as provided in Section 5.3 above, no adjustment will be made for dividends dividends, other distributions, or distributions with respect to this Option as to other rights for which there is a the record date preceding is prior to the date the Optionee becomes the holder of record of such shares, except as may otherwise be provided in the Plan or determined by the Committee in its sole discretionissuance.

Appears in 1 contract

Samples: Option Purchase Agreement (Texfi Industries Inc)

Rights as a Shareholder. The Optionee will have no rights as a shareholder unless and until all conditions to the effective exercise of this Option (including, without limitation, the conditions set forth in Sections 4 and 6 of this Agreement) have been satisfied and the Optionee has become the holder of record of such sharesOption Shares. No adjustment will be made for dividends or distributions with respect to this Option as to which there is a record date preceding the date the Optionee becomes the holder of record of such sharesOption Shares, except as may otherwise be provided in the Plan or determined by the Committee in its sole discretion.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (PivX Solutions, Inc.)

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