Common use of Rights of Optionee Clause in Contracts

Rights of Optionee. The OPTIONEE shall have no rights as a shareholder of the COMPANY with respect to any COMMON SHARES of the COMPANY covered by the OPTION until the date of issuance of a certificate to him evidencing such COMMON SHARES.

Appears in 13 contracts

Sources: Stock Option Agreement (Barry R G Corp /Oh/), Stock Option Agreement (Rurban Financial Corp), Stock Option Agreement (Barry R G Corp /Oh/)