Mark Zuckerberg's (un)employment terms at Facebook released
Published on Mon, Feb 13, 2012 at 11:44 | Source : Tech2.com
Updated at Mon, Feb 13, 2012 at 11:50
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Mark Zuckerberg's (un)employment terms at Facebook released
As part of Facebook's registration with the Securities and Exchange Commission for their IPO, they have released ...
As part of Facebook's registration with the Securities and Exchange Commission for their IPO, they have released the amended terms of Mark Zuckerberg's employment. As part of the agreement, Facebook can terminate Zuckerbeg's employment at will. Which means Zuckerberg can be fired at any given time for any given reason. However, the deal goes both ways. Zuckerberg, too can leave Facebook at any given time for any given reason. The agreement essentially says that Zuckerberg can be removed from Facebook, either by himself, or by the company at will.