Shareholder Rights. The holder of this Option shall have no rights as a shareholder with respect to any Option Shares until the holder of this Option or his nominee becomes a shareholder of record with respect to such shares.
ShareholderStockholder Rights. The holder of this Optionan option shall have no stockholder rights as a shareholder with respect to any Option Sharesthe shares subject to the option until such person shall have exercised the option, paid the exercise price and become a holder of this Option or his nominee becomes a shareholderrecord of record with respect to suchthe purchased shares.
Shareholder Rights.Rights as a Shareholder. The holder of thisan Option shall have no rights as a shareholder with respect to any shares covered by the Option Shares until the holder of this Option(including, without limitation, any rights to receive dividends or his nominee becomes a shareholder of recordnon-cash distributions with respect to such shares) until the date of issue of a stock certificate to him or her for such shares. No adjustment shall be made for dividends or other rights for which the record date is prior to the date such stock certificate is issued.
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