HPQ » Topics » IX. Limitation of Rights

This excerpt taken from the HPQ 8-K filed Nov 23, 2005.

IX.           Limitation of Rights

 

No Right to Continue as a Director.  Neither the Plan, nor the issuance of shares of Common Stock nor any other action taken pursuant to the Plan, shall constitute or be evidence of any agreement or understanding, express or implied, that HP will retain a director for any period of time, or at any particular rate of compensation.

 

No Stockholders’ Rights for Options. An optionee shall have no rights as a stockholder with respect to the shares covered by his options until the date of the issuance to him of a stock certificate therefor or the making of a book entry with HP’s transfer agent, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such certificate is issued.

 

This excerpt taken from the HPQ 10-Q filed Jun 8, 2005.

IX.    Limitation of Rights

        No Right to Continue as a Director.    Neither the Plan, nor the issuance of shares of Common Stock nor any other action taken pursuant to the Plan, shall constitute or be evidence of any agreement or understanding, express or implied, that the Company will retain a director for any period of time, or at any particular rate of compensation.

        No Stockholders' Rights for Options.    An optionee shall have no rights as a stockholder with respect to the shares covered by his options until the date of the issuance to him of a stock certificate therefor or the making of a book entry with the Company's transfer agent, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such certificate is issued.

This excerpt taken from the HPQ 10-K filed Jan 14, 2005.

IX.    Limitation of Rights

        No Right to Continue as a Director. Neither the Plan, nor the issuance of shares of Common Stock nor any other action taken pursuant to the Plan, shall constitute or be evidence of any agreement or understanding, express or implied, that the Company will retain a director for any period of time, or at any particular rate of compensation.

        No Stockholders' Rights for Options. An optionee shall have no rights as a stockholder with respect to the shares covered by his options until the date of the issuance to him of a stock certificate therefor or the making of a book entry with the Company's transfer agent, and no adjustment will be made for dividends or other rights for which the record date is prior to the date such certificate is issued.

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