Word: vesting
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Dates: during 1990-1999
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...rooms of these Internet dreadnoughts setting sail for IPO land, the reality is that many of them will never see stock-option millions. Some can't sustain the grueling hours. Still others won't stay at the company for the four years it takes the typical options package to vest--i.e., for the shares to become sellable. "The options are what lead people onward," says Patrick Neeman, director of development at the website Buyingedge.com "But these people waiting for the big IPO are just waiting forever. The only people who get wealthy are VPs and above." And here's another...
...brother who said that her boyfriend had called him and told him to tell her "I'm on the way over to the house to shoot it up." A second call was made in which her boyfriend stated "I'm in Somerville, I have my gun and a bulletproof vest." He had been issued a restraining order one day earlier...
...President Charles M. Vest says thebrothers' ability to relate to the experiences ofMIT undergraduates was one of the major reasonsthey were chosen...
LIFESAVER Back-country skiers, snowboarders and mountaineers who get buried in avalanches will soon have a new way to stay alive while waiting to be rescued. The AvaLung by Black Diamond Equipment ($200, available in September) is a special mesh vest designed to keep snow from melting around the face and freezing into a deadly ice mask. A tube filters fresh air into the wearer's mouth and then channels warm, moist, exhaled air safely out the back...
...expedition, which is being filmed by a joint Nova/BBC crew and is posting communiques on two websites mountainzone.com pbs.org/wgbh/nova) will continue searching in the few remaining weeks of Everest's busy spring climbing season. Besides Irvine's remains, the expedition is eager to find a Kodak vest-pocket folding camera given to Mallory just before the ascent. If he and his young partner made it to the summit, they would undoubtedly have photographed themselves at the top of the world--and those images would probably still be retrievable from film kept in so deep a freeze even after three...