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Executive Severance Packages A severance agreement may be a lump-sum payment or a salary over a period of months. If not a lump-sum payment, the agreement may pay an executive's salary for anywhere from a couple of months to a year or more.
An agreement specifying the terms and conditions of an executive's employment to be executed by both the employer and the executive. This Standard Document has integrated notes with important explanations and drafting tips.
A Contract Executive assists the Contract Manager in the preparation and execution of contracts, and monitors the costs of projects. As handlers of contracts for an organisation, they are expected to ensure that contracts are accurate and cost-efficient.
Executive may terminate his or her employment for Good Reason so long as Executive tenders his resignation to the Company within thirty (30) days after the occurrence of the event which forms the basis for his resignation for Good Reason.
Executive agreement, an agreement between the United States and a foreign government that is less formal than a treaty and is not subject to the constitutional requirement for ratification by two-thirds of the U.S. Senate.