Court Holds That Equity Forfeiture Made Restrictive Covenants Unenforceable
Court Holds That Equity Forfeiture Made Restrictive Covenants Unenforceable

It’s not uncommon for equity award agreements to say that the recipient will forfeit their awards if they breach non-solicitation, non-competition, and/or confidentiality provisions. Ideally, the very thought of forfeiting their valuable equity deters people from engaging in these behaviors. But not always. And a recent case from the Delaware Court of Chancery held that […]

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