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[return to "OpenAI departures: Why can’t former employees talk?"]
1. underl+dR[view] [source] 2024-05-18 04:22:13
>>fnbr+(OP)
This is bizarre. Someone hands you a contract as you're leaving a company and if you refuse to agree to whatever they dreamt up and sign the company takes back the equity you earned? That can't be legal
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2. anon37+Y01[view] [source] 2024-05-18 07:08:43
>>underl+dR
Hard to evaluate this without access to the documents. But in CA, agreements cannot be conditioned on the payment of previously earned wages.

Equity adds a wrinkle here, but I suspect if the effect of canceling equity is to cause a forfeiture of earned wages, then ultimately whatever contract is signed under that threat is void.

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3. az226+1i1[view] [source] 2024-05-18 11:26:55
>>anon37+Y01
It’s not even equity. OpenAI is a nonprofit.

They’re profit participation units and probably come with a few gotchas like these.

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