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Weird company ESPP with 5-year lock-in
Weird company ESPP with 5-year lock-in My company is launching an ESPP but the terms don't line up with those I find online for this type of plan. The biggest difference appears to be a crazy long lock-in period of 5 years. Employees purchase the stock right away at a rebate of 20% of an already set reference price and then hold it for 5 years. There is also a much higher contributio...
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