Jeff Bezos’ Blue Origin has reportedly introduced a new equity scheme for its employees that includes an unusual non-compete clause.
The new equity scheme was created in response to internal criticism of the company’s previous stock option plan. The plan now includes a clause that requires employees to forfeit all their stock options if they join a competitor such as Space Exploration Technologies Corp. (NASDAQ:SPCX) within 18 months of leaving Blue Origin, reported Business Insider.
