Tag: severance

Severance: Practical Guidance for the Departing Executive

By Brian J. MacDonough and Nancy S. Shilepsky on November 19, 2018
A white glass piggy bank on top of golden coins.

With rare exceptions, employment relationships are not permanent. Indeed, in many cases, executives and professionals should not expect guaranteed employment... Read More »

There is No Such Thing as “Boilerplate”: Protecting Equity and Deferred Compensation

By Brian J. MacDonough and Nancy S. Shilepsky on April 20, 2018
A business woman sitting across a table with a paper titled "Employment Agreement."

Typically, an executive separating from employment is asked to sign a severance agreement in exchange for severance.  Severance agreements may... Read More »

Protecting Executive Compensation: Unvested Equity and the Covenant of Good Faith and Fair Dealing

By Brian J. MacDonough and Nancy S. Shilepsky on September 13, 2017
Closeup of a businessman passing another man a check.

Executive compensation comes in many forms.  Aside from the basics—salary, bonuses, and fringe benefits— deferred and equity compensation often constitute... Read More »

Negotiating Executive Severance: Five Factors for a Better Package

By Sherin and Lodgen on June 5, 2017
A paper that says " Severance Pay" and a notebook, pens, and glasses are around the paper

One day you may be asked to leave your position, whether or not it is good for the company, or... Read More »