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A comment on OpenAI requires NDA for employees to keep equity. Parent comment

Re:OpenAI requires NDA for employees to keep equity by p1esk on Saturday May 18, 2024 @04:02PM (#40401611)
My understanding is as soon as you exercise your options you own them, and the company can’t take them from you.

Can anyone confirm this?

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Re:OpenAI requires NDA for employees to keep equity by eru on Saturday May 18, 2024 @11:26PM (#40404008)
With private stocks, they can put further restrictions on what you can do with your stocks.
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Re:OpenAI requires NDA for employees to keep equity by p1esk on Saturday May 18, 2024 @11:44PM (#40404107)
Sure, but in the event of liquidity, can they refuse to pay me the value of my shares? For any reason?
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Re:OpenAI requires NDA for employees to keep equity by eru on Sunday May 19, 2024 @08:05AM (#40406373)
If they have even moderately clever lawyers and accountants, yes.

See eg https://en.wikipedia.org/wiki/Shareholder_rights_plan also known as a 'Poison Pill' to give you inspiration for one example.

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