3 Aspects of Executive Agreements that Need an Upgrade

By on July 18, 2019

Executives are no longer reluctant to lawyer up. News reports on executive/employer contretemps at Papa John’s, Barnes & Noble, Uber and other companies have drawn press attention in the past year; countless other executive/employer disputes have flown below radar.

Underlying these controversies is the executive’s employment agreement, typically the most high-stakes and closely negotiated employment agreements to which companies will contract. Yet, these agreements often contain less clarity and less certainty than either executives or their employers need. Indeed, there appear to be three areas where these contracts could and should be upgraded. Let’s look at each.

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Originally published by Law360, February 2019.

Zak FranklinZak Franklin
Zak Franklin focuses his practice on employment litigation and counseling, with additional experience in complex transactional work. He defends employers in all stages of litigation including in putative class action and single and multi-plaintiff lawsuits for claims of meal and rest period violations, failure to pay wages and bonuses, off-the-clock work, employee or contractor misclassification, discrimination, retaliation, wrongful termination, trade secret, and breach of contract matters. He advocates for clients in federal and state courts and administrative agencies, including in proceedings before the Department of Fair Employment and Housing, the Public Employment Relations Board, the Division of Labor Enforcement Standards, the Equal Employment Opportunity Commission and the US Department of Labor. Read Zak Franklin's full bio.

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