Dossier
non-compete clause
Coverage of non-compete clause in the Nexus archive.
- Blue Origin's new stock option plan comes with a catch
Blue Origin introduced a new stock option plan with a non-compete clause requiring employees to forfeit options if they join a competitor within 18 months. The clause, unusual for US tech startups, applies to workers outside California and Washington, affecting employees in Florida, Texas, and Alabama. The plan addresses prior criticism that Blue Origin employees held worthless options while SpaceX employees gained wealth.