Equity compensation is a big part of executive pay. It helps build wealth and connects an executive’s success to the company’s success. To get a fair deal, executives need to understand stock options, rules, and taxes. Good preparation makes sure they get a strong and...
Executive Employment
Should employment contracts include an indemnification clause?
An employment contract can protect both employers and employees by setting clear expectations. One common provision in employment contracts is an indemnification clause. If you are an employer, you might be wondering if this type of clause should be included in your...
Does a non-compete hold up if you quit?
When an employee signs a non-compete agreement, they often wonder about its enforceability if they decide to quit. Understanding the legal landscape surrounding non-compete clauses is a must for both employees and employers. What is a non-compete agreement? A...
Disclosing information about a former employee
When asked to provide a reference check for a former employee, you may feel uncertain about what you can and cannot discuss. While you want to be honest about an employee’s performance, you likely know you should avoid certain topics. Being cautious is key, as the...
What should be included in a severance package?
From an employer’s perspective, severance packages serve as a gesture of goodwill and can mitigate potential legal risks in the event of termination. These packages serve to provide a cushion for employees during the transition to new employment. Understanding the key...
5 important elements in an executive contract
Companies that have people in executive positions usually have employment contracts for those individuals. These contracts provide information about the duties and expectations of both sides. Having a solid employment contract is crucial to ensure the company and the...
7 Key elements to a non-disclosure agreement
A non-disclosure agreement can help protect your company's confidential information, including trade secrets. However, the agreement needs to include certain elements to ensure its effectiveness. Below, we take a comprehensive look at the seven key components of an...