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Thanks for the detailed answer. In both (1) and (2), you mentioned "unvested" stock. However, according to the language of the agreements, doesn't it apply to v
by alexpetralia 7y ago
Thanks for the detailed answer. In both (1) and (2), you mentioned "unvested" stock. However, according to the language of the agreements, doesn't it apply to vested stock as well?
In other words, a company can wipe you out (repurchase/cancel) for your vested/unvested shares because it gives them flexibility in case of an acquisition.
I understand why this is, and why it is quite typical, but it doesn't change my opinion that it's employee-hostile.