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Every company I've worked at when I ask says "yeah, they're basically not enforceable ... wouldn't stand up in court ... sign here" -- so why have them? It's j
by lsllc 4y ago
Every company I've worked at when I ask says "yeah, they're basically not enforceable ... wouldn't stand up in court ... sign here" -- so why have them?
It's just bullying. Do you have $50K to drop on a litigator to dismiss a lawsuit from your former employee? If you were a startup hiring someone would you want to burn your valuable equity dollars on such legal defense? Probably not.
- thwayunion 4y ago> dismiss The best defense is a good offense. You should just be asking for dismissal. You should be be counter-suing for legal fees + k*N, where: - N is l.b. by the total value of your possible employment contracts, including any active offers and your current position. Where total value is defined as total comp out m years, where m is the last day of the last stock grant. - k is the maximum possibly relevant statutory damage multiple. ianal; my lawyer is not your lawyer.