Creating and Enforcing Executive-Friendly Contracts.
When starting a new job, executives have many complex matters to consider, and one that is particularly important is their employment contract. Many executives and professionals have contracts that stipulate the duties and expectations of their positions; their compensation; grounds for termination; and severance benefits due the executive upon termination. We can help you make sure that your contract clearly sets out what you and your new employer intend.
Compensation alone is quite complex, including salary, commissions, benefits (which can include medical, dental, vision, life insurance, disability, pension and retirement benefits), stock options, executive retirement plans, long-term compensation plans, deferred compensation plans, and other fringe benefits such as company vehicles, company residence, relocation benefits, and professional association dues.
Increasingly, employers include provisions in employment contracts designed to protect the employer. These can include non-compete clauses, non-disclosure agreements and non-solicitation provisions, among others. By carefully reviewing the language of your employer’s proposed contract, we can help you negotiate such provisions to be as fair and narrowly crafted as possible so that future career opportunities are not put at risk.
We also advise and represent executives and their new employers when they’re unfairly accused of violating non-competition, non-solicitation or non-disclosure restrictions. These sorts of accusations often require a quick response. If you and your new employer are faced with claims that you have violated a non-compete agreement, you will need help from a firm that can devote immediate, intense attention to your case.
We can also help you navigate your departure from your employer, whether by helping you insure that the terms of your employment agreement are met and that you are paid the compensation you are owed; by negotiating enhanced severance arrangements; or by litigating on your behalf if you are wrongfully terminated.
Whether you wish to consult with us regarding a new, amended or more favorable contract regarding your departure, or regarding a dispute about a non-compete, our attorneys have the experience and knowledge to help you. Contact us today to arrange for a consultation.