Structuring Executive Compensation Packages: Addressing Pay, Severance, Restrictive Covenants, and More

BARBRI

This CLE course will provide ERISA, compensation, and HR counsel with strategies for structuring and negotiating executive employment agreements. The panelists will discuss considerations and best practices when drafting provisions regarding compensation, severance, restrictive covenants, and other key terms.

Description

Structuring employment agreements with senior executives can raise significant legal issues, considerations, and consequences for employers and executives, including tax, securities, corporate, and employment law, among others.

Additionally, because employment agreements for public company executives must often be publicly disclosed, these agreements and the amounts payable under them are subject to scrutiny from shareholders and their advisers, governmental agencies, and others.

Counsel must prepare to anticipate and avoid pitfalls that lurk in the details of an executive employment agreement. There are various important provisions, including those addressing incentive pay, equity grants, and severance entitlements (including the circumstances triggering payment and release requirements). Special considerations that arise in the context of a change in control will also be addressed. The restrictive covenants landscape is constantly changing, and our panel will address recent developments regarding those arrangements.

Listen as our panel reviews the various types of executive compensation, techniques, and considerations for negotiating severance provisions, best practices for drafting restrictive covenants, and more. The panelists will discuss relevant legal issues with an emphasis on addressing practical, real life situations.

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