5 ms·
Also watch out for a clause giving the buyer the right to buy back the employee shares, possibly at par value. That means you could have executed those options
by twistedpair 5y ago
Also watch out for a clause giving the buyer the right to buy back the employee shares, possibly at par value.
That means you could have executed those options 5 years ago (to prevent a windfall tax), and just get you money back at acquisition time. Zero interest five year loan. Thanks!
- danrocks 5y agoWhat the hell, is that a thing? Does it have a name?
- 0x456 5y agoDrag-along rights, with a waiver of appraisal rights?
- twistedpair 5y agoMore details: https://stockoptioncounsel.com/blog/standards-ownership-canthecomanytakebackmyvestedshares https://stockoptioncounsel.com/blog/standards-ownership-cant...