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Equity Vesting Clause Explainer

Explain equity vesting provisions in plain language.

The Prompt

Explain the following equity vesting provisions in plain language for an employee: '{{vesting_clause_text}}'. Cover: what vesting means in practice, the cliff and vesting schedule, what happens to unvested shares if they leave voluntarily vs. involuntarily, change-of-control acceleration provisions, and the 3 most important questions they should ask before signing. Not legal advice.

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