No Shareholder Rights Clause Example with 4 Variations from Business Contracts

This page contains No Shareholder Rights clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
No Shareholder Rights. Neither the Participant, nor any person entitled to exercise the Participant's rights in the event of the Participant's death, shall have any of the rights and privileges of a shareholder with respect to the Shares subject to the Option, until certificates for Shares have been issued upon the exercise of the Option.12. Assignment and Transfers. The rights and interests of the Participant under this Grant Letter may not be sold, assigned, encumbered or otherwise transferred except, in the event o...f the death of the Participant, by will or by the laws of descent and distribution. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company's parents, subsidiaries, and affiliates. View More

Variations of a "No Shareholder Rights" Clause from Business Contracts

No Shareholder Rights. Neither the Participant, nor any person entitled to exercise the Participant's rights receive payment in the event of the Participant's death, shall have any of the rights and privileges of a shareholder with respect to the Shares subject related to the Option, Performance Units, unless and until certificates for Shares have been issued upon distributed to the exercise of the Option.12. Participant or successor.12. Assignment and Transfers. The rights and interests of the Participant under this ...Grant Letter may not be sold, assigned, encumbered or otherwise transferred except, in the event of the 7 death of the Participant, by will or by the laws of descent and distribution. If the Participant dies, any payments to be made under this Grant Letter after the Participant's death shall be paid to the Participant's estate. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company's parents, subsidiaries, and affiliates. View More
No Shareholder Rights. Neither the Participant, nor any person entitled to exercise the Participant's rights receive payment in the event of the Participant's death, shall have any of the rights and privileges of a shareholder with respect to the Shares subject related to the Option, Performance Units, unless and until certificates for Shares have been issued upon distributed to the exercise of the Option.12. Participant or successor.12. Assignment and Transfers. The rights and interests of the Participant under this ...Grant Letter may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. If the Participant dies, 7 any payments to be made under this Grant Letter after the Participant's death shall be paid to the Participant's estate. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company's parents, subsidiaries, and affiliates. View More
No Shareholder Rights. Neither the Participant, nor any person entitled to exercise the Participant's rights receive payment in the event of the Participant's death, shall have any of the rights and privileges of a shareholder with respect to the Shares subject related to the Option, Performance Units, unless and until certificates for Shares have been issued upon distributed to the exercise of the Option.12. Participant or successor.12. Assignment and Transfers. The rights and interests of the Participant under this ...Grant Letter may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. If the Participant dies, any payments to be made under this Grant Letter after the Participant's death shall be paid to the 7 Participant's estate. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company's parents, subsidiaries, and affiliates. View More
No Shareholder Rights. Neither the Participant, nor any person entitled to exercise the Participant's rights receive payment in the event of the Participant's death, shall have any of the rights and privileges of a shareholder with respect to the Shares subject related to the Option, Performance Units, unless and until certificates for Shares have been issued upon distributed to the exercise of the Option.12. Participant or successor. 7 12. Assignment and Transfers. The rights and interests of the Participant under th...is Grant Letter may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. If the Participant dies, any payments to be made under this Grant Letter after the Participant's death shall be paid to the Participant's estate. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company's parents, subsidiaries, and affiliates. View More