Littler Issues Commentary: Delaware Affirms Adequacy of Equity Awards as Non-Compete Contract Consideration Despite Forfeiture
March 11, 2026
March 11, 2026
SAN FRANCISCO, California, March 11 -- Littler, a law firm, issued the following commentary on March 10, 2026, by shareholder Scott McDonald and associate Anna C. Bookout:
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Delaware Affirms Adequacy of Equity Awards as Non-Compete Contract Consideration Despite Forfeiture
At a Glance
* Forfeited equity awards can serve as consideration
* Adequacy of consideration is decided at the time of contract formation, not later
* * *
Delaware Affirms Adequacy of Equity Awards as Non-Compete Contract Consideration Despite Forfeiture
At a Glance
* Forfeited equity awards can serve as consideration
* Adequacy of consideration is decided at the time of contract formation, not later
