Category Archives: Executive contracts

Executives Should Proceed With Caution When Changing Jobs

One of the biggest, and most likely, legal headaches highly placed executives can give themselves involves their actions just before and just after leaving one company and joining another. An executive’s actions during this time are critical to avoid getting … Continue reading

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If there’s a change of control, an executive needs options in writing

Change of control agreements, or golden parachutes as they are more commonly known, can be a lifesaver for an executive whose employer is purchased by another company, but these agreements also are rife with pitfalls. The most common problem is … Continue reading

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NFL mediation not what you may be thinking

The NFL owners and players union head back into mediation tomorrow (Tuesday March 1), less than 72 hours before the collective bargaining agreement expires. Drastic measures could follow. Mediation is a good first step, and it’s swell that the mediator said there … Continue reading

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Executive disputes may head to arbitration, not to court

You don’t take an executive position expecting it will end in a legal fight, but if it does, you need to know where you’ve agreed the fight will take place. Many executive contracts contain arbitration agreements, and others have clauses that determine … Continue reading

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Work Stoppages and Executive Compensation

The situation now facing executives of the NFL – where negotiations between players and team owners appear to be stuck in a quagmire – mirrors in some ways what many executives across the United States confront on a daily basis. … Continue reading

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Covenants Not to Compete: Rocky but Navigable

One of the trickiest areas for executives who are looking to move to a new job or considering the sale of a business is the covenant not to compete. Whether an executive has signed one of these contracts with a … Continue reading

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