Common use of Rights of Optionee Clause in Contracts

Rights of Optionee. The Optionee shall not be, nor shall he have any of the rights or privileges of, a stockholder of the Company in respect of any of the shares issuable upon the exercise of this Option unless and until certificates representing such shares shall have been issued and delivered; except that the Company shall supply the Optionee with all financial information and other reports which the Company furnished its stockholders during the Option period.

Appears in 33 contracts

Samples: Time Based Incentive Stock Option Agreement (Alco Stores Inc), Time Based Incentive Stock Option Agreement (Alco Stores Inc), Time Based Incentive Stock Option Agreement (Alco Stores Inc)

AutoNDA by SimpleDocs

Rights of Optionee. The Optionee shall not be, nor shall he have be deemed for any of purpose to be the rights or privileges of, a stockholder of the Company in respect owner of any of the shares issuable upon the exercise of this Shares subject to any Option unless and until certificates representing such shares (i) the Option shall have been issued and delivered; except that exercised pursuant to the terms thereof, (ii) the Company shall supply have issued and delivered the Shares to the Optionee with all financial information and (iii) the Optionee's name shall have been entered as a stockholder of record on the books of the Company. Thereupon, the Optionee shall have full voting, dividend and other reports which the Company furnished its stockholders during the Option periodownership rights with respect to such Shares.

Appears in 29 contracts

Samples: Non Qualified Stock Option Agreement (Internet America Inc), Non Qualified Stock Option Agreement (Internet America Inc), Non Qualified Stock Option Agreement (Smith Jack T)

Rights of Optionee. The Optionee shall not be, nor shall he have any none of the rights or privileges of, of a stockholder shareholder of the Company in with respect of any of to the shares issuable upon subject to the exercise of this Option unless and option granted herein until a certificate or certificates representing for such shares shall have been issued and delivered; except that upon the Company shall supply the Optionee with all financial information and other reports which the Company furnished its stockholders during the Option periodexercise of this option.

Appears in 2 contracts

Samples: Stock Option Agreement (Goldberg Alan P), Stock Option Agreement (McNamee George C)

Rights of Optionee. The Optionee Optionee, as such, shall not be, nor shall he and not have any of the rights or privileges of, of a stockholder shareholder of the Company in respect of any of the shares issuable upon the exercise of this Option Shares unless and until certificates representing such shares Option Shares shall have been issued subscribed by Optionee, and delivered; except that delivered by the Company shall supply the to Optionee in accordance with all financial information and other reports which the Company furnished its stockholders during the Option periodthis Agreement.

Appears in 2 contracts

Samples: Stock Option Agreement (Pepsiamericas Inc/Il/), Stock Option Agreement (Nin Rafael)

AutoNDA by SimpleDocs

Rights of Optionee. The Optionee shall not be, nor shall he the Optionee have any of the rights or privileges of, a stockholder shareholder of the Company in respect of any of the shares issuable upon the exercise of this Option unless and until certificates representing such shares shall have been issued and delivered; except that the Company shall supply the Optionee with all financial information and other reports which the Company furnished its stockholders shareholders during the Option period.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Exchange National Bancshares Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.