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Corporate Tax Advisory

 
Industry : Management & Strategy Consulting
Functional Area : India
Activity: Question posted: 04 27 2008 22:03:29 +0000, 1 answers, 81 views, last activity 07 06 2010 20:18:08 +0000
 
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  Answered by     Amit Madhav, Senior Consultant, GKC  | 05 13 2008 00:22:38 +0000
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If you have taken the initiative to leave, most of the time your former employer has the right to revoke or grant you the stock options. That's why stock options are popular tools for employee bounding.

Further specifications are normally stated in the bylaws of your stock option contract.

You can always argue that this was a recurring form of compensation (if this was the case of course) for past results and try to negotiate a deal. The taxes you paid are to be considered forfeited.

 
Specialist in IT Recruitment
Specialist in IT Recruitment
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