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Usually during an acquisition like this, the key staff are paid out after two years on board the new company. So not a non-compete, but an incentive to stay an
by binarymax 2y ago
Usually during an acquisition like this, the key staff are paid out after two years on board the new company. So not a non-compete, but an incentive to stay and get their payout.
Most staff with no equity will leave quickly of course, so the invalidity of non compete will definitely help those souls.
- cratermoon 2y ago"golden handcuffs" they call them.