TikTok has a shareholder agreement with a non-disparagement clause affecting employees' stock.
TikTok has a provision in its shareholder agreement that allows the company to take away stock from employees who bad-mouth the company, according to Fortune. This non-disparagement clause applies to both current and former staffers, affecting their Restricted Stock Units (RSUs) as a form of compensation. The revelation has sparked debate about free expression and corporate accountability in the tech industry.
March 11, 2024
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