Quote:
Originally Posted by ArtL
it can work out to give you a very nice chunk of money when you leave the company, or the company goes public or is sold to a non-ESOP company.
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Very interesting, assuming the last person in this position held stock, could they still have that stock or would they be forced to sell it back? Next, do you know how the price of any stock is set if there be no IPO? I also assume they stayed long enough to become vested and if there was no specific provision to sell it back then they would be able to keep it indefinately. Sorry for all the questions but this is all new to me.