Forfeiture agreement in California

I signed a forfeiture agreement that accelerated my stock vesting and required me to stay with the company for a couple of years. My family is sick and because of COVID 19 we can't hire a baby sitter and I have to take care of my kids and my wife and can't give more than 100% of my time at a startup. Plus my salary is reduced by 60% because of the potential revenue hit. I have asked to transition out in 3 months considering my family situation and changes at work but I am being subject to the forfeiture agreement. Wondering what kind of right do I have here?

1 answer  |  asked Apr 4, 2020 11:20 PM [EST]  |  applies to California

Answers (1)

Arkady Itkin
It would be necessary for an attorney to review your forfeiture agreement and learn a number of other facts about your situation in order to provide effective advice.

Thanks,

Arkady Itkin

posted by Arkady Itkin  |  Apr 6, 2020 10:37 AM [EST]

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