Ensuring Success with Executive Agreements
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Ensuring Success with Executive Agreements
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In this week's episode of OK at Work, attorneys Sarah Sawyer and Russell Berger from Offit Kurman discuss the importance of executive employment agreements for key employees such as CEOs, CFOs, and COOs. They cover why these agreements are crucial, what organizations should consider, and the balance of protecting business interests while offering incentives to top executives. Tune in to learn about bonus structures, equity incentives, severance terms, and strategies to ensure smooth transitions and set a solid foundation for impactful leadership.
00:00 Introduction to Executive Employment Agreements
00:56 Key Considerations for Executive Roles
01:07 The Importance of Executive Agreements
02:00 Negotiating Executive Employment Terms
02:36 Benefits of Pre-Agreed Separation Terms
03:28 Concluding Thoughts on Executive Agreements