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Execute an Employment Agreement for Every Executive. Specify Compensation Terms and Conditions Clearly. State Termination and Severance Conditions. Protect Your Intellectual Property. Focus on Writing With Clarity and Simplicity.
Negotiable contract terms include executive compensation, bonus structure, stock, options or long term incentives, relocation, tax gross-ups, severance terms and triggers and other key terms. These are all important issues, worth your time and consideration.
The term ?Termination for Cause? shall mean termination because of Executive's personal dishonesty, incompetence, willful misconduct, any breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule, or regulation (other than traffic violations or ...
A signing bonus, equity grants, future raises or reductions in pay, and severance pay are all negotiable points in an employment contract. Job duties and scope of employment. At its most basic, an employment contract must give the employee a job title and basic responsibilities.
An executive compensation contract is a legal document between a company and its top executive outlining the terms of the executive's pay and benefits. Executive compensation refers to the compensation packages provided to top executives of a company.
An employment agreement or executive agreement is a legal document generally entered into before the start of the employment relationship between an executive and an employer that sets forth the material terms of the relationship.
An executive employment agreement is a legal contract between an employer and an executive that outlines the terms of their working relationship. These agreements include information about salary, benefits, stock options or awards, vacation time allotment and more.
An executive contract, also known as an executive employment contract or an executive employment agreement is a written employment agreement between an employer and a highly compensated employee serving in an executive capacity within the company, such as a Chief Executive Officer, Chief Operating Officer, Chief ...