4 ms·
Fair/standard is more about the total compensation of the contract. Based on the fact that you're asking leads me to think that you find this section to not be
by elmerfud 11y ago
Fair/standard is more about the total compensation of the contract. Based on the fact that you're asking leads me to think that you find this section to not be fair as it relates to the total compensation.
Contracts are a negotiation process, line out or modify the sections you don't like and submit it back for their approval. If they're not willing to negotiate then they likely aren't a place you'll want to work for.
- walleee 11y agoFair enough. Isn't this essentially just a 2 year cliff period? Do you have any insight as to what the norm amongst startups for this condition is?
- brudgers 11y agoWhat is the legal structure of the business?
- elmerfud 11y agoI don't have enough direct experience to comment on what's normal for for joining in a small setup as a cofounder. It doesn't seem abnormal for the employment contract to have various clauses that are there to ensure a minimum commitment to the venture.
- bobosha 11y agoThe most common I see is 1/4 i.e. 1 year cliff and 4 years vesting.