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ARTICLE · 13 JUNE 2024

NYC Executive Employment Agreements

Romano Law
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There are a number of negotiable factors in executive employment agreements. These include compensation and benefits, such as salary, bonuses, stock options, and perks like...

United StatesEmployment and HR
Daniel S. Braverman
Daniel S. Braverman

What Is Negotiable In Executive Employment Agreements?

There are a number of negotiable factors in executive employment agreements. These include compensation and benefits, such as salary, bonuses, stock options, and perks like car allowances or club memberships. Additionally, executives may negotiate terms related to job duties and responsibilities, including reporting structure, decision-making authority, and performance metrics. Other negotiable aspects may include termination clauses, severance packages, non-compete agreements, and dispute resolution mechanisms. Addressing relocation packages and renewal provisions may also be of help when negotiating an agreement. For foreign nationals, the executive should be mindful of their visa and negotiate visa renewal assistance from the employer in the event of termination.

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