Stock option has a 1 year cliff period and quarterly vesting within 5 years according to remuneration policy' What does this statement mean. Can anyone help understand how this works? - Quora
![Do I Understand this Term Sheet? — Part 3: Vesting and Its Implications on the Acquisition Offer | by Darshita Chaturvedi | Startup Stash Do I Understand this Term Sheet? — Part 3: Vesting and Its Implications on the Acquisition Offer | by Darshita Chaturvedi | Startup Stash](https://miro.medium.com/max/1400/1*f5FJ_CnJqIoc8JAUo42Jkg.png)
Do I Understand this Term Sheet? — Part 3: Vesting and Its Implications on the Acquisition Offer | by Darshita Chaturvedi | Startup Stash
Has anyone heard of a 5 year cliff for vesting? Meaning, your equity vests all at once after five years of service. If you leave the company 4 years and 11 months
![Do I Understand this Term Sheet? — Part 3: Vesting and Its Implications on the Acquisition Offer | by Darshita Chaturvedi | Startup Stash Do I Understand this Term Sheet? — Part 3: Vesting and Its Implications on the Acquisition Offer | by Darshita Chaturvedi | Startup Stash](https://miro.medium.com/max/1400/1*Ap3Exqc9c-bNlm8Pi5fEuQ.png)