Could anyone clarify if this is standard startup contract language? It sounds vague: “In connection with your employment, we will recommend to the Board of Directors of the Company that you be granted the opportunity to purchase up to xxxxx shares of Common Stock of the Company pursuant to a restricted stock purchase agreement at a purchase price equal to $0.001 per share. “

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I believe this is standard. My contract was a bit different but I recall the same level of vagueness/ambiguity/nervousness

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My contract wording when I worked at a startup was very similar as well

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It's a formality, a lot of startups need board approval to assign shares from the cap table

This sounds like a non-guarantee.

Standard for any startup with a board since they sign off on all equity grants. Never had any issue with it, but you can ask your recruiter for clarity.

I'd ask for more clarity. Just because something is industry standard doesn't mean it is OK or that it will protect you - the employee.

I had similar language in my offer letter. The board has to approve all equity grants.

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