 What section of this Agreement provides that no adjustment shall be made for dividends or distributions or other rights in respect of shares for which the record date is prior to the date on which the Optionee or his/her Successors shall have become the beneficial owner of such shares?
The Optionee or his/her Successors shall have no rights as a stockholder with respect to any shares covered by this Option until the Optionee or his/her Successors shall have become the beneficial owner of such shares, and, except as provided in Section 7 of this Agreement, no adjustment shall be made for dividends or distributions or other rights in respect of such shares for which the record date is prior to the date on which the Optionee or his/her Successors shall have become the beneficial owner thereof.
Section 7