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If you are fired, all your options will vest immediately. Additional money payment at exec level too.
by soumyadeb 4y ago
If you are fired, all your options will vest immediately. Additional money payment at exec level too.
- raverbashing 4y agoI think there might have been a clause about change of ownership as well
- refurb 4y agoUsually it's that kind of clause (change in ownership). Basically all equity grants immediately vest, even the ones you got last week that would normally vest over 4 years. It's a great deal.
- sokoloff 4y agoMany are double trigger. (Change of ownership AND getting fired within X time as an example.)