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Hasnain says:

“In a message to employees that was leaked to Vox, OpenAI chief strategy officer Jason Kwon acknowledged that the provision had been in place since 2019 but that “The team did catch this ~month ago. The fact that it went this long before the catch is on me.”

But there's a problem with those apologies from company leadership. Company documents obtained by Vox with signatures from Altman and Kwon complicate their claim that the clawback provisions were something they hadn’t known about. A separation letter on the termination documents, which you can read embedded below, says in plain language, “If you have any vested Units ... you are required to sign a release of claims agreement within 60 days in order to retain such Units.” It is signed by Kwon, along with OpenAI VP of people Diane Yoon (who departed OpenAI recently). The secret ultra-restrictive NDA, signed for only the “consideration” of already vested equity, is signed by COO Brad Lightcap.”

Posted on 2024-05-23T05:22:36+0000