and start reading now.
Since September 2018, Tanium has placed a clause in its employment contracts allowing it to execute this kind of buyback within a year of an employee's departure from the company, the company said. "This is not the standard for venture capital backed companies," attorney and stock option expert Mary Russell told Business Insider. One former Tanium employee affected by the buyback calls it a "gut punch."Like many startups, cybersecurity firm Tanium offers its employees equity in the company as part of their compensation packages.
The clause in question says that the company reserves the "option to repurchase all or a portion of the Shares" issued to employees for up to one year after the employee leaves the company, according to a copy of the document reviewed by Business Insider.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Overvalued again.
How classy of them
Robbery
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside a Amazon arbitrageurs group where members sell $100K in goods - Business InsiderPeople are quitting their jobs to make thousands selling everyday items on Amazon. Here's a look inside one exclusive resale group, where members have sold over $400,000 worth of good since May.
Source: BusinessInsider - 🏆 729. / 51 Read more »
UK government in talks with AI firm to uncover furlough fraud - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 🔥 Check It Out 🔥 BIUK More £billion to wash ..
Source: BusinessInsider - 🏆 729. / 51 Read more »
8 Silicon Valley law firms leading tech and life sciences practices - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. nice Booming tech sector = Boom, the sound you'll hear when the tech bubble blows
Source: BusinessInsider - 🏆 729. / 51 Read more »
Tech stocks are 'disaster waiting to happen,' investor Bill Smead says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Robinhood issues warning to raise cash buffers on widely-held stocks - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. good 🎃
Source: BusinessInsider - 🏆 729. / 51 Read more »