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 explainsMoreWritten 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.About the AuthorArthur F. Woodard is a partner in the New York office of Kaye Scholer LLP and has been the head of the firms employee benefits group for more than two decades.
A significant portion of his practice involves the negotiation of employment agreements, representing both management and individual executives. He also has extensively counseled companies and individuals with respect to compensation and benefit matters, including the creation of benefit plans for executives and other employees.