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manibiotech

02/21/24 1:09 PM

#673691 RE: flipper44 #673684

https://www.bclplaw.com/en-US/events-insights-news/teslas-super-charged-equity-award-to-elon-musk-unplugged-by-delaware-court-cautionary-tale-for-boards-and-executives.html#:~:text=The%20Delaware%20Chancery%20Court%20invalidated,dominated%20the%20grant%20approval%20process.


It doesn’t matter how many . If they can stand up to Musk who actually did a lot for his shareholders , the court won’t care about negotiating power of insiders in my opinion . The financial reward must be proportional to the benefit provided . If shareholders should be happy with the rewards like “good for humanity “ or “cure for cancer” and not worry about ROI for years and decades , then insiders should be happy with the same reward as well.