A cliff period, in the context of employee stock options and equity compensation plans, refers to a specific period of time at the beginning of an employee's tenure during which they do not yet have any vested rights to the granted stock options or equity. In other words, the employee must wait for the cliff period to pass before they can start exercising their stock options or become eligible to receive any equity.
© 2023 All Rights Reserved
Terms & ConditionsPrivacy PolicyCookies PolicyInvestment RisksComplaintsConflicts of InterestEN