Rights of Optionee. The Optionee shall not have any rights to dividends or distributions or any other rights of an equity holder with respect to the Option Shares until the Option Shares shall have been issued to the Optionee upon purchase of the Option Shares upon exercise of the Option.
Appears in 2 contracts
Sources: Option Agreement (THT Heat Transfer Technology, Inc.), Option Agreement (Wisetop International Holdings LTD)
Rights of Optionee. The Optionee shall not have any rights to dividends or distributions or any other rights of an equity holder a stockholder with respect to the any Option Shares until the such Option Shares shall have been issued to Optionee (as evidenced by the Optionee appropriate entry on the transfer books of the Company) upon purchase of the such Option Shares upon exercise of the Option.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Unisource Energy Corp), Securities Agreement (Millennium Quest Inc)
Rights of Optionee. The Optionee shall not have any rights to dividends or distributions or any other rights of an equity holder with respect to the Option Shares Interest until the Option Shares Interest shall have been issued to Optionee (as evidenced by the Optionee appropriate entry on the transfer books of the Company) upon purchase of the Option Shares Interest upon exercise of the Option.
Appears in 1 contract