[kak9]

Agreed. But to different degrees. In its current form this would be the strongest--since you can never leave if you want any of those shares.

Also, consider this. Someone who joined one month before IPO would get more from the kicker than someone who worked for years and then left 1 month before IPO.

[nathan_f77]

Yep, I think that's a big problem. It shouldn't matter if you're still at the company when the redistribution happens, it should just be based on how many shares you own.