Rights Prior to Exercise of Option. The Recipient shall have no rights as a stockholder with respect to the Shares subject to the Option until the exercise of his or her rights hereunder and the issuance and delivery to Recipient of a certificate or certificates evidencing such Shares.
Appears in 8 contracts
Sources: Nonqualified Stock Option Award Agreement (Shaw Group Inc), Nonqualified Stock Option Award Agreement (Shaw Group Inc), Incentive Stock Option Award Agreement (Shaw Group Inc)
Rights Prior to Exercise of Option. The Recipient Optionee shall have no rights as a stockholder with respect to the Shares shares of stock subject to the Option until the exercise of his or her rights hereunder and the issuance and delivery to Recipient Optionee of a certificate or certificates evidencing such Sharesshares.
Appears in 7 contracts
Sources: Non Qualified Stock Option Agreement (TherapeuticsMD, Inc.), Incentive Stock Option Agreement (Synthetic Blood International Inc), Nonqualified Stock Option Agreement (Epoch Holding Corp)