Necessity to Become Holder of Record Contract Clauses (45)
Grouped Into 1 Collection of Similar Clauses From Business Contracts
This page contains Necessity to Become Holder of Record clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Necessity to Become Holder of Record. Neither the Optionee, the Optionee's estate, nor any Transferee shall have any rights as a shareholder with respect to any of the shares underlying the Options until such person shall have become the holder of record of such shares. No cash dividends or cash distributions, ordinary or extraordinary, shall be provided to the holder if the record date is prior to the date on which such person became the holder of record thereof.
Found in
GelTech Solutions, Inc. contract