zlacker

And almost all equity agreements do exactly that - give the company right of repurchase. If you've ever signed one, go re-read it. You'll likely see that clause right there in black and white.

>>riehwv+(OP)
For companies unlisted on stock exchanges the options are then worthless.

These were profit sharing units vs options.

>>riehwv+(OP)
They give the company the right to repurchase unvested (but exercised) shares, not vested options. At least the ones I’ve signed.