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riehwvfbk
2y ago
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And almost all equity agreements do exactly that - give the company right of repurchase. If you've ever signed one, go re-read it. You'll likely see that clause right there in black and white.
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ipaddr
2y ago
For companies unlisted on stock exchanges the options are then worthless.
These were profit sharing units vs options.
umanwizard
2y ago
They give the company the right to repurchase unvested (but exercised) shares, not vested options. At least the ones I’ve signed.
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