#AI#GenerativeAI#OpenAI#BigTech#SiliconValley: "Company documents obtained by Vox with signatures from Altman and Kwon complicate their claim that the clawback provisions were something they hadn’t known about. A separation letter on the termination documents, which you can read embedded below, says in plain language, “If you have any vested Units ... you are required to sign a release of claims agreement within 60 days in order to retain such Units.” It is signed by Kwon, along with OpenAI VP of people Diane Yoon (who departed OpenAI recently). The secret ultra-restrictive NDA, signed for only the “consideration” of already vested equity, is signed by COO Brad Lightcap.
Meanwhile, according to documents provided to Vox by ex-employees, the incorporation documents for the holding company that handles equity in OpenAI contains multiple passages with language that gives the company near-arbitrary authority to claw back equity from former employees or — just as importantly — block them from selling it.
Those incorporation documents were signed on April 10, 2023, by Sam Altman in his capacity as CEO of OpenAI."