zlacker

>>apengw+(OP)
I bet similar claw-back clauses are waaay more common than many on this thread would imagine at private co's. I've always been under the impression that 'vested equity' doesn't mean ~anything until you actually see liquidity. The company can generally fuck you before that point if they choose to. Hope I'm being overly cynical with this take.

>>jobs_t+Z4
I have never seen it in quite a few equity agreements I've looked at. What is common is a very short post-termination exercise window that in practice acts as a clawback unless you are financially able and willing to pay the cost/taxes of exercising within (often) 90 days.

And a bunch of not-well-informed employees who didn't understand the consequences of this clause when they originally signed