Executive Severance Agreements Line by Line PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Executive Severance Agreements Line by Line PDF full book. Access full book title Executive Severance Agreements Line by Line by Gary D. Blachman. Download full books in PDF and EPUB format.
Author: Gary D. Blachman
Publisher: Aspatore Books
ISBN: 9780314280602
Category : Executives
Languages : en
Pages : 101
Get Book Here
Book Description
Written by practicing attorneys with nationwide experience in drafting and litigating employment and separation agreements, Executive Severance Agreements Line by Line is a comprehensive examination of the crucial components included in a severance agreement for an executive. It explains the reasoning behind the various clauses in the agreement and explores the rationale for using different agreements to help meet the specific needs of each client. This book also discusses the difficulty in enforcing certain provisions of the agreement and examines how to draft provisions to maximize the opportunity for enforcement. The authors offer advice on such topics as considering the potential restrictions imposed by IRC Section 409A, understanding the impact of federal statutes and regulations on separation provisions, addressing various states approaches to non-competes, determining the appropriate scope of non-solicitation and non-competition provisions, and analyzing the consideration offered in exchange for a release of claims. Executive Severance Agreements Line by Line is a valuable resource for anyone who has ever negotiated or drafted a severance agreement, as well as for any executive who is about to enter into such an agreement.
Author: Gary D. Blachman
Publisher: Aspatore Books
ISBN: 9780314280602
Category : Executives
Languages : en
Pages : 101
Get Book Here
Book Description
Written by practicing attorneys with nationwide experience in drafting and litigating employment and separation agreements, Executive Severance Agreements Line by Line is a comprehensive examination of the crucial components included in a severance agreement for an executive. It explains the reasoning behind the various clauses in the agreement and explores the rationale for using different agreements to help meet the specific needs of each client. This book also discusses the difficulty in enforcing certain provisions of the agreement and examines how to draft provisions to maximize the opportunity for enforcement. The authors offer advice on such topics as considering the potential restrictions imposed by IRC Section 409A, understanding the impact of federal statutes and regulations on separation provisions, addressing various states approaches to non-competes, determining the appropriate scope of non-solicitation and non-competition provisions, and analyzing the consideration offered in exchange for a release of claims. Executive Severance Agreements Line by Line is a valuable resource for anyone who has ever negotiated or drafted a severance agreement, as well as for any executive who is about to enter into such an agreement.
Author: Tjomme O. Rusticus
Publisher:
ISBN: 9781109848175
Category :
Languages : en
Pages : 93
Get Book Here
Book Description
Severance agreements provide an interesting exception to the pay-for-performance paradigm. Not only do executives get paid after being fired, but frequently the payments are already contracted upon at the time the CEO is appointed. The main objective of this dissertation is to investigate the reasons why firms would commit to pay large amounts to CEOs that are fired. I distinguish between the need to provide insurance against uncertainty about the (continued) fit between the CEO and the firm and the need to provide incentives to the CEO. The theoretical literature on severance has proposed that severance provides incentives to take on more risky projects, to make more relationship specific investments and to increase the timely disclosure of bad news. My analysis consists of two parts. Using a random sample of S&P 1500 firms, I first investigate which hypothesis can best explain which firms adopt severance agreements, and for which amounts. Second, I investigate whether the future actions by the CEO and the firm are consistent with the effects predicted by the theories. Overall, my results are most consistent with severance being used as insurance against poor fit, rather than significantly altering the behavior of CEOs.
Author: Dan R. Dalton
Publisher:
ISBN:
Category : Executives
Languages : en
Pages : 11
Get Book Here
Book Description
Author: John Kellam Associates
Publisher:
ISBN:
Category : Executives
Languages : en
Pages : 20
Get Book Here
Book Description
Author: V. John Ella
Publisher: Hillcrest Publishing Group
ISBN: 1545634025
Category : Law
Languages : en
Pages : 245
Get Book Here
Book Description
Executive Employment Law is a handbook for Minnesota business executives. This book provides tips on: Negotiating an employment agreement; Understanding executive compensation; Obtaining a severance package; Fighting a non-compete; Avoiding litigation when joining a competitor; and Protecting your career.
Author: United States
Publisher:
ISBN:
Category : Age discrimination in employment
Languages : en
Pages : 6
Get Book Here
Book Description
Author: Peter Moser
Publisher:
ISBN:
Category : Covenants not to compete
Languages : en
Pages : 94
Get Book Here
Book Description
Author: Julien Coallier
Publisher:
ISBN: 9781726269186
Category :
Languages : en
Pages : 210
Get Book Here
Book Description
Contents include Separation Agreement for Executive, with Severance Pay for Set Period or Until other Employment Found, Employment - Recruiting & Hiring, Legal Forms. These documents, fulfilled, filled out and signed, can be used in the U.S.A.
Author: Kareen E. Brown
Publisher:
ISBN:
Category :
Languages : en
Pages : 98
Get Book Here
Book Description
Examine whether the existence of severance agreements in an executive compensation package is consistent with providing insurance to the CEO for the reputation costs associated with termination, with the damage control hypothesis, or with the rent extraction hypothesis. Consistent with the insurance hypothesis, I find that severance agreements are more likely to be offered when firms are unprofitable, illiquid and operate in a risky environment. Next, I examine the association between CEO severance agreements and the extent of earnings management. I hypothesize that an ex ante severance plan reduces CEOs' incentives to manipulate earnings for two reasons: First, severance pay mitigates CEOs' job security concerns by providing compensation and benefits while the CEO is unemployed. Second, in the event that the CEO is caught manipulating earnings, the potential loss of severance pay in addition to the other forms of compensation, increases the cost to the CEO of earnings manipulation. I hypothesize that the reduced earnings manipulation effect of severance pay also reduces earnings management motivated by other forms of incentive pay. I detect a lesser magnitude of earnings management when severance packages are offered to CEOs of firms facing distress. I further find that the association between earnings management and incentive compensation is significantly lower for those firms with severance plans.
Author: Arthur F. Woodard
Publisher: Aspatore Books
ISBN: 9780314272102
Category : Law
Languages : en
Pages : 96
Get Book Here
Book Description
Written by a practicing attorney with more than thirty years experience in negotiating employments agreements, Executive Employment Agreements Line by Line is a comprehensive examination of an employment agreement for a senior executive. It explains the reasoning behind the various clauses in the agreement, noting those which are crucial for the employer and the executive, and those which are mere boilerplate. The book covers such key topics as at-will versus contractual employment; salary, bonus, and other compensation; severance for cause, good reason, and without cause; restrictive covenants; golden parachutes; and the impact of new Section 409A of the Internal Revenue Code of 1986 on employment agreements. This book also focuses on the changes likely to be made in the negotiating process as a result of heightened scrutiny of executive compensation by the government, its agencies, and shareholder advocacy groups, particularly the potential impact of the say on pay and clawback requirements of the newly-enacted Dodd-Frank Wall Street Reform and Consumer Protection Act. Executive Employment Agreements Line by Line is a valuable resource for anyone who has ever negotiated an employment agreement, as well as for any executive who is about to enter into such an agreement.
