Legal Question in Business Law in California
Stock options
A U.S. based company sells off a divison to a foreign company. Will employees who work and hold stock options in that sold division become 100% vested in those stock options?
Asked on 4/14/99, 2:59 pm
1 Answer from Attorneys
Jed Somit
Jed Somit, Attorney at Law
Re: Stock options
No analysis can even start without reviewing the stock options
and the documentation concerning the sale of the division. Other documents --
such as any union contracts or other written contracts of employment -- may
also need to be reviewed, just to identify all the sources of law which may
apply.
Jed Somit
Jed Somit, Attorney at Law
1440 Broadway - Suite 910
Answered on 4/16/99, 7:47 pm
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