Employment Contracts for Executives in New York City or elsewhere in New York State -- An Employment Agreement, Executive Compensation Agreement, Offer Letter or other Employment Contract
Employment lawyer offering experienced employment law advice and representation for a New York City executive or other New York executive, manager or highly-compensated professional who is considering an employment contract, employment agreement, executive compensatioin agreement or offer letter and terms such as:
- A buyout of forfeited equity awards or of an unpaid bonus or other unpaid executive compensation or benefits from a prior employer.
- A sign-on bonus or sign-on loan.
- A bonus guarantee or guaranteed bonuses.
- Standard equity awards or any special equity award or phantom equity award (e.g., restricted stock,restricted stock units, stock options, etc.).
- A noncompete clause or noncompete agreement: e.g., a non-compete restriction in a New York employment contract, employment agreement or in an equity (restricted stock, restricted stock units or option) award document.
- Any other restrictive covenants: e.g., a no-solicit obligation or a no-hire restriction.
- Special proprietary trading compensation arrangements for highly-compensated traders or managers.
- Special fund manager compensation terms or investment advisor compensation arrangements.
- Management reporting line or relationships, title, duties and responsibilities for an executive, manager or highly-compensated professional.
- Treatment of a sign-on, special equity award, bonus guarantee or other compensation on termination without cause, resignation with good reason, death or disability.
- Definition of cause, good reason or disability.
- A promissory note related to a sign-on bonus or sign-on loan.
- A supplemental executive retirement plan or program (SERP) or other special or standard benefit program.
- A special commission arrangement or special commission schedule for professionals paid on a commissioned basis.
- Trailer payments or a trailer payment for an investment banker or other professional with respect to a deal or deals completed after separation from employment.
- A special indemnity agreement or indemnity arrangement for a new executive, manager or highly-compensated professional with respect to possible legal proceedings brought by a prior employer.
- An evergreen clause.
- A press release for any new hire.
- A dispute resolution provision.
I also offer New York employment law advice and practical guidance on steps a New York executive, manager or highly-compensated professional should take to reduce exposure to legal proceedings brought by a prior employer, especially when joining a competitor.