>>fnbr+(OP)
So part of their compensation for working is equity, and when they leave thay have to sign an additional agreement in order to keep their previously earned compensation? How is this legal? Mine as well tell them they have to give all their money back too.
>>Button+7J
In the past a lot of options would expire if you didn’t exercise them within eg. 90 days of leaving. And exercising could be really expensive.
Speculation: maybe the options they earn when they work there have some provision like this. In return for the NDA the options get extended.
>>fshbbd+iL
My unreliable memory is Altman was ( once? ) in favor of extending the period for exercising options. I could be wrong of course but it is consistent with my impression that making other people rich is among his motivations. Not the only one of course. But again I could be wrong.
>>resoni+uT
Unless a PTEP (Post Termination Exercise Period) beyond the ordinary three months was on offer, there probably wouldn't be a story because the kind of people OpenAI hires would tend to be adverse to working at a place with a PTEP less than three months.