[Consultation] Legal consultation regarding working conditions for multiple business sites and stock options
Article posted in | VEAT
Law firm Veat provided comprehensive legal advisory services regarding the possibility of paying Mr. Kim OO's salary from subsidiary C, when he is employed by parent company D, and other related matters.
1. Advisory Overview
Since Mr. Kim OO mainly performs the work of subsidiary C, the company wanted to pay his salary from C, and the core of this legal advisory was whether Mr. Kim OO could retain his D company stock options.
2. Advisory by Law firm Veat
We thoroughly reviewed relevant laws and precedents, including the Labor Standards Act and Commercial Code, and provided three proposals. Law firm Veat’s legal advisory team also reviewed matters related to workers' compensation and labor law, which were not included in the inquiries, to provide comprehensive legal advisory services.
Furthermore, we provided an answer regarding the content of the stock option purchase right, which was the core of this advisory, after reviewing relevant laws and precedents. Please refer to our official blog for more details.
Thank you.
Law firm Veat