I am sorry to hear you are unemployed. If they ask for the stock option money back I would ignore them. They do owe you your final paycheck, immediately. Wait 30 days and file a claim with the State Labor Commissioner, Division of Labor Standards Enforcement.

How much do they owe you and what company is it?

Best,

Daniel Bakondi, Esq.

danielbakondi@yahoo.com

415-450-0424

The Law Office of Daniel Bakondi, APLC

870 Market Street, Suite 1161

San Francisco CA 94102

http://www.danielbakondi.com

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It's never a good idea to ignore a demand for money from anyone with the wherewithal to hire attorneys. They do owe you your full final pay on your last day as long as you give notice, but it only needs to be a few days notice. It's something like two business days. The stock options are a bigger issue of course. Let me know if they try to void the options. They may not. If they do try, I think you have a good case that they are not allowed to. It is quite possible that the language voiding the options is unenforceable.

Depending on the amount you got for the options vs. the amount of you final day's pay, you probably may want to let sleaping dogs lie for the time being. If you sold the options in breach of your contract, when you demand payment the company could decide to enforce that agreement which could be much more costly for you than the one day's pay.

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