Date published:
July 16, 2016
"Currently, the clause says the company can pay either the fair market value at the time of repurchase or the price paid by the employee, whichever is lower. At the recent meetings, in response to a question from an employee, general counsel Marvin Ammori said the board plans to authorise changes to that provision, according to people familiar with the matter."
Read Full Story from Of Interest http://cyberlaw.stanford.edu/press/hyperloop-founder-accused-nepotism-cede-voting-power
This article by Center for Internet and Society originally appeared on cyberlaw.stanford.edu on July 16, 2016 at 10:00AM
