Common Pitfalls in Executive Employment Agreements | Practical Law

Common Pitfalls in Executive Employment Agreements | Practical Law

A Practice Note describing common pitfalls in executive employment agreements and how to avoid them. This Note covers pitfalls such as using the wrong template, sloppy drafting, using ambiguous terms, providing for conflicting or unauthorized benefits, failing to comply with Section 409A, failing to adequately address state-specific issues, such as restrictive covenants, and failing to consider the views of shareholders and proxy advisory firms.

Common Pitfalls in Executive Employment Agreements

Practical Law Practice Note w-016-0113 (Approx. 27 pages)

Common Pitfalls in Executive Employment Agreements

by Practical Law Employee Benefits & Executive Compensation and Practical Law Labor & Employment
Maintained • USA (National/Federal)
A Practice Note describing common pitfalls in executive employment agreements and how to avoid them. This Note covers pitfalls such as using the wrong template, sloppy drafting, using ambiguous terms, providing for conflicting or unauthorized benefits, failing to comply with Section 409A, failing to adequately address state-specific issues, such as restrictive covenants, and failing to consider the views of shareholders and proxy advisory firms.