Looks interesting.<p>I&#x27;m not a lawyer, but:<p>1) I&#x27;d consider Restricted Stock&#x2F;Founders Stock instead of options for pre-A employees.<p>2) Early exercise should be an option; I&#x27;d personally not work at a pre-$50mm val company without EE as an option.<p>3) Whoa you survived a long time before getting a 409A.<p>4) Should let your employees exercise options for years after leaving.