The variety of ways lawyers figure out how to screw people over never ceases to amaze me. Personal injury lawyers get a bad rap, but it’s the corporate lawyers that really scare me. Check out this article on “clawback provisions” in stock option agreements. If you sign a contract with one of these, companies can take back not only vested options, but profits you make by exercising and selling those options. Nasty.
The variety of ways lawyers figure out how to screw people over never ceases to amaze me. Personal injury lawyers get a bad rap, but it’s the corporate lawyers that really scare me. Check out this article on “clawback provisions” in stock option agreements. If you sign a contract with one of these, companies can take back not only vested options, but profits you make by exercising and selling those options. Nasty.
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