How a Consumer Hired a Lawyer to Review a Restricted Stock Agreement in California

In 2024, an individual in California sought legal assistance to review a Restricted Stock Agreement amid considerations of resigning from their current employer. The client expressed concerns about the potential forfeiture of shares tied to the terms of the agreement, particularly given the dual conditions for vesting. With over a year of service, the client was uncertain whether they would retain these shares if the company eventually went public or was acquired, especially in light of conflicting provisions within the agreement. As a result, the client received four proposals from licensed attorneys, with flat fee bids ranging from $200 to $700, all submitted to meet the client's deadline of less than a week.