zlacker

I also notice he conditions it on "any former employee." What about current employees who may be affected by the same legalese?

Either way, I can imagine a subtext of "step forward and get a target on your back."

>>Terr_+(OP)
Current employees rarely sign exit agreements, since by exiting they stop being employees.

>>tedivm+wo
True, they can't renegotiate agreements that don't yet exist.

However the fact that the corporate leadership could even make those threats to not-yet-departed employees indicates that something is already broken or missing in the legal relationship with current ones.

A simple example might for the company to clearly state in their handbook--for all current employees--that vested shares cannot be clawed back.