Stock Trading and Other Things

Offering stock options in a offer letter? -  Stock Trading and Other Things
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Offering stock options in a offer letter?

My offer letter states that I will be able to purchase a certain amount of stock options from my company. I've been with the company for about 2 months and haven't received the agreement letter from them.

The company has now been sold. How should I bring up the discussion that my offer letter states a certain amount of options are owed to me, and how binding is the offer letter as far as agreements are concerned. It is binding? Can a company state that you will be given x amount of options on your offer letter and then not go through with it. Are there legal requirements?

Public Comments

1. contact whoever sent you the letter.

2. In all likelihood, the stock options begin after you are employed for a certain period of time; e.g., after 90 days, after 2080 hours, etc. I would ask someone or look in the employment manual for clarification of the policy. As to whether the new owner has to comply, the answer is yes. The buyer assumes the liabilities and assets of the purchased company.