Effect of this Agreement on Option Rights. Neither this Agreement nor the transfer of the Stock to the Trustee shall terminate the right of any Shareholder to acquire additional shares of the stock of the Corporation pursuant to any subscription agreement, option agreement, employment agreement, or otherwise. For all such purposes, a Shareholder shall be deemed to hold the number of shares of the stock of the Corporation as are represented by his Trust Certificate.
Appears in 3 contracts
Sources: Share Exchange Agreement (Old Night Inc), Share Exchange Agreement (Old Night Inc), Share Exchange Agreement (Old Night Inc)