Common use of Rights of Optionee Clause in Contracts

Rights of Optionee. (a) The Optionee shall have none of the rights of a stockholder with respect to the shares covered by the Option until the shares are issued or transferred to such Optionee upon exercise of the Option.

Appears in 6 contracts

Samples: Stock Option Agreement (Refac), Employment Agreement (Iasis Healthcare Corp), Stock Option Agreement (Refac)

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Rights of Optionee. (a) The Optionee shall have none no rights as a stockholder of the rights of a stockholder Company with respect to any of the shares covered by Shares until (a) the Option until the shares are issued or transferred to such Optionee upon has given written notice of exercise of the Inducement Option, (b) the Optionee has paid the aggregate Option Price in full for such Shares and, if applicable, satisfied any other conditions imposed by the Company or Administrator and (c) the date of issuance of a certificate to the Optionee evidencing such Shares.

Appears in 5 contracts

Samples: Stock Option Agreement, Stock Option Agreement (Celsion Corp), Stock Option Agreement (Celsion Corp)

Rights of Optionee. (a) The Optionee shall not have none of the rights of a stockholder shareholder with respect to the shares covered by the of stock subject to this Option until the issuance of shares are issued or transferred pursuant to such Optionee upon exercise of the Option.

Appears in 4 contracts

Samples: Stock Option Agreement (Micro Component Technology Inc), Stock Option Agreement (Micro Component Technology Inc), Stock Option Agreement (Micro Component Technology Inc)

Rights of Optionee. (a) The Optionee shall have none of the rights of a stockholder with respect to the shares covered by the Option until the shares are issued or transferred to such the Optionee upon exercise of the Option.

Appears in 3 contracts

Samples: Stand Alone Stock Option Agreement (Neurologix Inc/De), Stand Alone Stock Option Agreement (Neurologix Inc/De), Stock Option Agreement (Neurologix Inc/De)

Rights of Optionee. (a) The Optionee shall not have none of the any rights to dividends or any other rights of a stockholder with respect to the shares covered any Option Shares until such Option Shares shall have been issued to Optionee (as evidenced by the Option until appropriate entry on the shares are issued or transferred to such Optionee upon exercise transfer books of the OptionCompany).

Appears in 3 contracts

Samples: Joint Venture Agreement (Winwin Gaming Inc), Joint Venture Agreement (Winwin Gaming Inc), Investment Option Agreement (Winwin Gaming Inc)

Rights of Optionee. (a) The Optionee shall not have none of the any rights to dividends or any other rights of a stockholder with respect to the shares covered any Option Shares until such Option Shares shall have been issued to Optionee (as evidenced by the appropriate entry on the transfer books of the Company) upon purchase of such Option until the shares are issued or transferred to such Optionee Shares upon exercise of the Option.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Unisource Energy Corp), Option Agreement (Millennium Quest Inc)

Rights of Optionee. (a) The Optionee shall have none of the rights of a stockholder with respect to the shares Stock covered by the Option until the shares are Stock is issued or transferred to such Optionee upon exercise of the Option.

Appears in 2 contracts

Samples: Rollover Stock Option Agreement (PGT, Inc.), 2004 Stock Incentive Plan Stock Option Agreement (PGT, Inc.)

Rights of Optionee. (a) The Optionee shall not have none of the any rights to dividends or distributions or any other rights of a stockholder an equity holder with respect to the shares covered by Option Shares until the Option until Shares shall have been issued to the shares are issued or transferred to such Optionee upon purchase of the Option Shares upon exercise of the Option.

Appears in 2 contracts

Samples: Option Agreement (THT Heat Transfer Technology, Inc.), Option Agreement (Wisetop International Holdings LTD)

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Rights of Optionee. (a) The Optionee shall not have none of the rights of a stockholder shareholder with respect to the shares covered by the Option of stock subject to these Options until issuance of the shares are issued or transferred pursuant to such Optionee upon the exercise of the OptionOptions.

Appears in 2 contracts

Samples: Stock Option Agreement (Veritec Inc), Stock Option Agreement (Veritec Inc)

Rights of Optionee. (a) The Optionee shall not have none of the rights of a stockholder with respect to the shares covered by of the Option stock subject to this option until the issuance of shares are issued or transferred to such Optionee upon him pursuant to exercise of the Option.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Insignia Systems Inc/Mn), Nonqualified Stock Option Agreement (Northern Oil & Gas, Inc.)

Rights of Optionee. (a) The Optionee shall have none of the rights of a stockholder with respect to the shares covered by the Option until the shares are issued or transferred to such Optionee upon exercise of the Optionpursuant to Section 6 hereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Refac Technology Development Corp), Exhibit 99 (Refac Technology Development Corp)

Rights of Optionee. (a) The Optionee shall have none of the rights of a stockholder with respect to the shares covered by the Option until the shares are issued or transferred to such Optionee upon exercise of the Option. (b) The Option shall not interfere with or limit in any way the right of the Company to terminate any Optionee's employment at any time, nor confer upon any Optionee any right to continue in the employ of the Company or any subsidiary. 8.

Appears in 2 contracts

Samples: Option and Incentive Plan Nonqualified Stock Option Agreement (Refac Technology Development Corp), 1998 Stock Option and Incentive Plan Incentive Stock Option Agreement Incentive Stock Option Agreement (Refac Technology Development Corp)

Rights of Optionee. (a) The Optionee shall not have none of the any rights to dividends or distributions or any other rights of a stockholder an equity holder with respect to the shares covered Interest until the Interest shall have been issued to Optionee (as evidenced by the Option until appropriate entry on the shares are issued or transferred to such Optionee transfer books of the Company) upon purchase of the Interest upon exercise of the Option.

Appears in 1 contract

Samples: Option Agreement (Intra Asia Entertainment Corp)

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