As little as I know it works like this: You not get 0.0..% , you get an option to buy X shares at a given price (normally the share price when you started working). When you want to execute the options if the share price is higher, than you get something, otherwise not..
The X shares you get are vested over some time (like 2 years) - if you quit after 1 year you only get X/2.. http://en.wikipedia.org/wiki/Employee_stock_option http://en.wikipedia.org/wiki/Vested --- Maxim Shklyar kisla interactive From: silicon-beach-australia@googlegroups.com [mailto:[EMAIL PROTECTED] On Behalf Of Hendro Wijaya Sent: Tuesday, 11 November 2008 9:53 To: silicon-beach-australia@googlegroups.com Subject: [SiliconBeach] Employees' stock agreement Hi All, My name is Hendro and this is my first post here. :) I'm curious on how the agreement works for the company that want to give their employees some stocks options (like Google / Microsoft for example). Are they talking in terms of % like "I give you 0.02%?". That doesn't sounds so appealing. I have a plan to hire some early developers. They will be given some salary like usual but, to ensure they have common interest to drive the company forward, I would love to do some profit sharing scheme in a scalable way. Any thoughts? Thanks! Cheers, Hendro --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Silicon Beach Australia" group. To post to this group, send email to silicon-beach-australia@googlegroups.com To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en -~----------~----~----~----~------~----~------~--~---