Common use of Share Ownership Clause in Contracts

Share Ownership. Neither the Employee nor the Employee's legal representatives nor the executors or administrators of his estate shall be or be deemed to be the holder of any share of Common Stock covered by an Option unless and until a certificate for such share shall have been issued.

Appears in 14 contracts

Samples: Employment Agreement (Palatin Technologies Inc), Employment Agreement (Palatin Technologies Inc), Employment Agreement (Palatin Technologies Inc)

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Share Ownership. Neither the Employee nor the Employee's legal representatives nor the executors or administrators of his estate shall be or be deemed to be the holder of any share of Common Stock covered by an Option unless and until a certificate for such share shall have been issued. 5.

Appears in 5 contracts

Samples: Employment Agreement (Derma Sciences Inc), Employment Agreement (Derma Sciences Inc), Employment Agreement (Derma Sciences Inc)

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Share Ownership. Neither the Employee nor the Employee's legal representatives nor the executors or administrators of his estate shall be or be deemed to be the holder of any share of Common Stock covered by an Option unless and until a certificate for such share shall have been issued.

Appears in 1 contract

Samples: Employment Agreement (Derma Sciences Inc)

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