For any business with decent size, absolutely. There are a thousand ways to claw back options, and the reason they don't get used is that doing it even once wou

For any business with decent size, absolutely. There are a thousand ways to claw back options, and the reason they don't get used is that doing it even once would make hiring practically impossible. For a small enough company? It falls in the same category as "diluting out of one guy's shares" - bad morals and bad business, but it still happens.