German Federal Labor Court Finds Certain Virtual Stock Option Forfeiture Clauses May Unreasonably Disadvantage Employees
By EsqSocial Corporation 15/04/25
On March 19, 2025, the German Federal Labor Court (Bundesarbeitsgericht or BAG) held in Case No.: 10 AZR 67/24 that certain forfeiture clauses in General Terms and Conditions of Business (Allgemeine Geschäftsbedingungen or AGB) regarding the expiration of virtual stock options upon termination of employment are invalid....
By: Ogletree, Deakins, Nash, Smoak & Stewart,