Literally - in that case the answer to your "Is it correct..." is "ask a lawyer in the relevant sub-specialty and jurisdiction".
Practically - unless you're a real C-suite insider, "options" have a lot more ways to be worthless than actual stock shares. I'd innocently ask for details - then either run those past a lawyer before agreeing to anything, or just assume that the options were worthless.
bell-cot|3 years ago
Practically - unless you're a real C-suite insider, "options" have a lot more ways to be worthless than actual stock shares. I'd innocently ask for details - then either run those past a lawyer before agreeing to anything, or just assume that the options were worthless.