Common use of Rights as a Shareholder Clause in Contracts

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares of Common Stock until the date the Optionee becomes the holder or record of those shares. No adjustment shall be made for dividends or other rights for which the record date occurs before the date the Optionee becomes the holder of record.

Appears in 28 contracts

Sources: Incentive Stock Option Award Agreement (SunOpta Inc.), Stock Option Award Agreement (SunOpta Inc.), Stock Option Award Agreement (SunOpta Inc.)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares of Class B Common Stock until the date the Optionee becomes the holder or of record of those shares. No adjustment shall be made for dividends or other rights for which the record date occurs before the date the Optionee becomes the holder of record.

Appears in 9 contracts

Sources: Non Statutory Stock Option Agreement (Nike Inc), Non Statutory Stock Option Agreement (Nike Inc), Non Statutory Stock Option Agreement (Nike Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares of Common Stock covered by this Agreement or the Option until the date the Optionee becomes the holder or record of those issuance of a stock certificate to him for such shares. No adjustment shall be made for dividends or other rights for which the record date occurs before is prior to the date the Optionee becomes the holder of recordsuch stock certificate is issued.

Appears in 5 contracts

Sources: Incentive Stock Option Agreement (LSB Industries Inc), Incentive Stock Option Agreement (LSB Industries Inc), Incentive Stock Option Agreement (LSB Industries Inc)

Rights as a Shareholder. The Optionee shall have no No rights as of a shareholder of the Company shall attach to Optionee with respect to any shares of Common Stock the Shares until the date the this Option shall be duly exercised as to such Shares and Optionee becomes shall have become the holder or of record of those sharessuch Shares. No adjustment adjustments shall be made for cash dividends or other distributions or rights for as to which the there is a record date occurs before preceding the date the that Optionee becomes the holder of recordrecord of such Shares.

Appears in 5 contracts

Sources: Non Qualified Stock Option Agreement (Metris Companies Inc), Non Qualified Stock Option Agreement (Metris Companies Inc), Non Qualified Stock Option Agreement (Metris Companies Inc)

Rights as a Shareholder. The Optionee (or the Optionee's successor or successors) shall have no rights as a shareholder with respect to any shares of Common Stock covered by this option until the date of the Optionee becomes the holder or record issuance of those a stock certificate for such shares. No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property), distributions or other rights for which the record date occurs before is prior to the date such stock certificate is issued, except as provided in Section 13 of the Optionee becomes the holder of recordPlan.

Appears in 4 contracts

Sources: Nonqualified Stock Option Agreement (Peerless Industrial Group Inc), Nonqualified Stock Option Agreement (Peerless Industrial Group Inc), Nonqualified Stock Option Agreement (Peerless Industrial Group Inc)

Rights as a Shareholder. The Optionee holder of the Option shall have no rights as a shareholder of the Company with respect to any shares of Common Stock the Shares covered by the Option until the due exercise of the Option and the date of the Optionee becomes issuance of the holder or record of those sharesShares. No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or distributions or other rights for which the record date occurs before is prior to the date the Optionee becomes the holder of recordsuch Option is exercised, except as provided in Section 17 hereof.

Appears in 3 contracts

Sources: Stock Option Award Agreement (Mesa Laboratories Inc /Co), Stock Option Award Agreement (Mesa Laboratories Inc /Co), Stock Option Award Agreement (Mesa Laboratories Inc /Co)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares of Common Stock Underlying Shares unless and until the date on which the Optionee becomes the holder or of record of those sharesthe Underlying Shares purchased pursuant to this Option on the books and records of the Company, as maintained by the transfer agent for the Company’s Common Stock. No adjustment shall be made for dividends or other rights for which the record date occurs before the date the Optionee becomes the holder of recordis prior to such date.

Appears in 3 contracts

Sources: Nonqualified Stock Option Agreement (Tile Shop Holdings, Inc.), Nonstatutory Stock Option Agreement (Global Eagle Entertainment Inc.), Nonstatutory Stock Option Agreement (Tile Shop Holdings, Inc.)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares of Common Stock covered by this option until the date of the Optionee becomes the holder or record issuance of those a stock certificate for such shares. No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property), distributions or other rights for which the record date occurs before is prior to the date such stock certificate is issued, except as provided in Section 13 of the Optionee becomes the holder of recordPlan.

Appears in 3 contracts

Sources: Nonqualified Stock Option Agreement (Peerless Industrial Group Inc), Nonqualified Stock Option Agreement (Peerless Industrial Group Inc), Nonqualified Stock Option Agreement (Peerless Industrial Group Inc)

Rights as a Shareholder. The Optionee holder of the Option shall have no rights as a shareholder of the Company with respect to any the shares of Common Stock covered by the Option until the due exercise of the Option and the date of the Optionee becomes issuance of one or more stock certificates to the holder or record of those for such shares. No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or distributions or other rights for which the record date occurs before is prior to the date the Optionee becomes the holder of recordsuch stock certificate is issued, except as provided in Section 15 hereof.

Appears in 2 contracts

Sources: Non Qualified Stock Option Agreement (Karts International Inc), Non Qualified Stock Option Agreement (Karts International Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares of Common Stock subject to the Option (including voting rights or dividends) until the date of the Optionee becomes exercise of the holder or record Option and the issuance of those shares. No adjustment shall be made for dividends or other rights for which the record date occurs before the date the Optionee becomes the holder underlying shares of recordStock.

Appears in 2 contracts

Sources: Stock Option Agreement (Access National Corp), Stock Option Agreement (Access National Corp)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares of Common Stock common stock of the Corporation until the date the of issuance of a stock certificate to Optionee becomes the holder or record of those for such shares. No adjustment shall be made for dividends or other rights for which the record date occurs before is prior to the date the Optionee becomes the holder of recordsuch issuance, except as otherwise provided in Paragraph 8 herein. 10.

Appears in 2 contracts

Sources: Stock Option Agreement (Bay Area Bancshares), Incentive Stock Option Agreement (Bay Area Bancshares)

Rights as a Shareholder. The Optionee optionee shall have no rights as a shareholder with respect to any shares of Common Stock Shares until the date the Optionee becomes the holder or record of those sharesissuance of a stock certificate for such Shares. No adjustment shall be made for dividends or other rights for which the record date occurs before is prior to the date the Optionee becomes the holder of recordsuch issuance, except as provided in Section 6 hereof.

Appears in 2 contracts

Sources: Stock Option Agreement (Western Sierra Bancorp), Stock Option Agreement (Western Sierra Bancorp)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares of Common Stock until the date the Optionee becomes the holder or of record of those shares. No adjustment shall be made for dividends or other rights for which the record date occurs before the date the Optionee becomes the holder of record.

Appears in 2 contracts

Sources: Non Statutory Stock Option Agreement (Northwest Natural Gas Co), Non Statutory Stock Option Agreement (Northwest Natural Gas Co)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares of Common Stock common stock of the Corporation until the date the of issuance of a stock certificate to Optionee becomes the holder or record of those for such shares. No adjustment shall be made for dividends or other rights for which the record date occurs before is prior to the date the Optionee becomes the holder of recordsuch issuance, except as otherwise provided in Paragraph 9 herein.

Appears in 1 contract

Sources: Employee Stock Option Plan (San Rafael Bancorp)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares of Common Stock Option Shares until the date the Optionee becomes the holder or record of those sharesissuance of a stock certificate for such Option Shares. No Subject to SECTION 5 hereof, no adjustment shall be made for dividends or other rights for which the record date occurs before is prior to the date the Optionee becomes the holder of recordsuch stock certificate is issued.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Cmi Industries Inc)

Rights as a Shareholder. The Optionee shall will have no rights as a shareholder with respect to any shares of Common Stock the Shares until the date of the Optionee becomes the holder or record issuance of those sharessuch shares to him. No Except as provided in Section 10 above, no adjustment shall will be made for dividends dividends, other distributions, or other rights for which the record date occurs before is prior to the date the Optionee becomes the holder of recordsuch issuance.

Appears in 1 contract

Sources: Asset Purchase Agreement (Culp Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares of Common Stock covered by this Agreement or the option granted under this Agreement until the date the Optionee becomes the holder or record of those issuance of a stock certificate to him for such shares. No adjustment shall be made for dividends or other rights for which the record date occurs before is prior to the date the Optionee becomes the holder of recordsuch stock certificate is issued.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (LSB Industries Inc)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares of Common Stock common stock of the Corporation until the date the of issuance of a stock certificate to Optionee becomes the holder or record of those for such shares. No adjustment shall be made for dividends or other rights for which the record date occurs before is prior to the date the Optionee becomes the holder of recordsuch issuance, except as otherwise provided in Paragraph 8 herein.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Bay Area Bancshares)

Rights as a Shareholder. The Optionee or his successor shall have no rights as a shareholder with respect to any shares of Common Stock stock underlying this Option until the date of the issuance to the Optionee becomes the holder or record of those sharesa certificate for such stock. No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or distributions or other rights for which the record date occurs before is prior to the date the Optionee becomes the holder of recordsuch stock certificate is issued.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Patriot Scientific Corp)

Rights as a Shareholder. The Optionee shall have no rights as a shareholder with respect to any shares of Common Stock until which may be purchased by exercise of this Option date is prior to the date the Optionee becomes the holder or record of those shares. No adjustment shall be made for dividends or other rights for which the record date occurs before the date the Optionee becomes the holder of recordsuch stock certificate is issued.

Appears in 1 contract

Sources: Consulting Agreement (Jewelcor Management Inc)

Rights as a Shareholder. The Optionee An optionee shall have no rights as a shareholder with respect to any shares of Common Stock covered by an option until the date the Optionee becomes the holder or record of those sharesissuance of a certificate to him and only after such shares are (fully paid. No adjustment shall will be made for dividends or other rights for which the record date occurs before is prior to the date the Optionee becomes the holder of recordsuch certificate is issued.

Appears in 1 contract

Sources: Employment Agreement (Bioanalytical Systems Inc)

Rights as a Shareholder. The Optionee An optionee or successor shall have no rights as a shareholder with respect to any shares of Common Stock underlying any option until the date of the Optionee becomes the holder or record issuance to such optionee of those sharesa certificate for such Stock. No adjustment shall be made for dividends (ordinary or extraordinary, whether in cash, securities or other property) or distributions or other rights for which the record date occurs before is prior to the date the Optionee becomes the holder of recordsuch Stock certificate is issued, except as provided in Section 6.

Appears in 1 contract

Sources: Employment Agreement (One Voice Technologies Inc)