Definitely a bait and switch, even if legally it is all above table and the employers should have relied on what the paper said not what people said. Having th

Definitely a bait and switch, even if legally it is all above table and the employers should have relied on what the paper said not what people said. Having that contingency about taking more funding might not create any legal obligations but there is certainly an implication there. If I cover your tab and you say you'll pay me back next time we go out, "I'm never paying you back" is an equivalent statement if there's an unspoken "but we're never going out again" at the end of the first statement, but it wouldn't be my first interpretation. --- That said, if an Engineering Director is getting 0.02% then, assuming TopTal is worth $1b, you'd have a Director cashing out at <$200k pre-tax right? I'd imagine run of the mill ICs had a percentage such that they didn't accept it thinking "and when this pays off I'm done forever"