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Unacademy Slashes ESOP Exercise Window For Former Employees To 30 Days

Unacademy Slashes ESOP Exercise Window For Former Employees To 30 Days

Unacademy has amended its Employee Stock Option Scheme (ESOS) 2018, reducing the exercise period for exited employees from 10 years to just 30 days, according to an employee who posted an sent by the company on X. The edtech unicorn, operated by Sorting Hat Technologies Pvt. Ltd., said the changes were made based on legal advice and in compliance with its constitutional documents and applicable laws.

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