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OpenAI Releases Former Employees From Controversial Exit Agreements
OpenAI has reversed its decision requiring former employees to sign a perpetual non-disparagement agreement to retain their vested equity, stating that they will not cancel any vested units and will remove non-disparagement clauses from departure documents. CNBC reports: The internal memo, which wa...
The memo, addressed to each former employee, said that at the time of the person's departure from OpenAI, "you may have been informed that you were required to execute a general release agreement that included a non-disparagement provision in order to retain the Vested Units [of equity]." "As we shared with employees, we are making important updates to our departure process," an OpenAI spokesperson told CNBC in a statement. "We're incredibly sorry that we're only changing this language now; it doesn't reflect our values or the company we want to be," the OpenAI spokesperson added.
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