Example ContractsClausesprocedure for exercise; rights as a shareholderVariants
Remove:

No Shareholder Rights Before Exercise. No person shall have any of the rights of a shareholder of the Company with respect to any Shares subject to the Option until the Shares actually are issued to him/her upon exercise of the Option.

No Shareholder Rights Before Exercise. No personNeither Optionee, nor his successor in interest, shall have any of the rights of a shareholder of the Company with respect to any Shares subject tothe shares for which the Option is exercised until the Shares actually are issued to him/her upon exercise of the Option.Company issues such shares.

No Shareholder Rights Before Exercise. No personParticipant shall have any of the rights ofas a shareholder of the Companystockholder with respect to any Sharesshares subject to thehis or her Option until the Shares actually are issued to him/her upondate of exercise of such Option and the Option.issuance of the shares of Common Stock.

Shareholder Rights. No Shareholder Rights Before Exercise. No person shallHolder will have any of the rights ofas a shareholder of the Company with respect to anyas a result of the grant of an Option, pending the exercise of the Option and actual delivery of the Shares subject to thesuch Option until the Shares actually are issued to him/her upon exercise of the Option.such Holder.

No Shareholder Rights Before Exercise. NoStockholder Rights. Neither the Grantee, nor any person entitled to exercise the Option, shall have any of the rights and privileges of a shareholder of the Companystockholder with respect to anythe Shares subject to the OptionOption, until thecertificates or book entries for Shares actually arehave been issued to him/her upon the exercise of the Option.

No Shareholder Rights Beforeas Stockholder Until Exercise. No person shall haveThis Option does not entitle the Holder to any of thevoting rights ofor other rights as a shareholderstockholder of the Company with respect to any Shares subjectprior to the Option until the Shares actually are issued to him/her upon exercise of the Option.hereof.

No Shareholder Rights Before Exercise. No personStockholder Rights. Optionee shall not have any of thestockholder rights of a shareholder of the Company with respect to any Sharesthe Common Stock subject to the Option until the Shares actually are issued to him/her upon exercise ofOptionee has exercised the Option.

No Shareholder Rights Before Exercise. NoStockholder Rights. The holder of an option shall have no stockholder rights with respect to the shares subject to the option until such person shall have anyexercised the option, paid the exercise price and become a holder of record of the rights of a shareholder of the Company with respect to any Shares subject to the Option until the Shares actually are issued to him/her upon exercise of the Option.purchased shares.

No Shareholder Rights Before Exercise. No personof Stockholder. Participant shall not have any of the rights of a shareholder of the Companystockholder with respect to anythe Shares subject to this Agreement until such Shares have been issued upon the Option until the Shares actually are issued to him/her upondue exercise of the Option.Options.

No Shareholder Rights Before Exercise. No person shall have anyas Shareholder. Until the issuance of the rights of a shareholderShares (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no right to vote or receive dividends or any other rights as a shareholder shall exist with respect to any Shares subject to the Option untilOptioned Stock, notwithstanding the Shares actually are issued to him/her upon exercise of the Option. The Shares shall be issued to the Optionee as soon as practicable after the Option is exercised in accordance with the Option Agreement. No adjustment shall be made for a dividend or other right for which the record date is prior to the date of issuance except as provided in [Section 13] of the Plan.

Load more...
Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.