Executive compensation agreements are often negotiated at a higher level than typical employment contracts. This is because executive-level employees often command more negotiating power than typical employees.

Executive compensation agreements vary significantly.  They include elements that are industry-specific and often vary based on the size of the company involved and whether the position is for-profit or non-profit. Frequently included provisions include the following:

  • Position of employment
  • Term of employment
  • Compensation and benefits
  • Duties and performance
  • Termination of employment and definitions of cause, disability and incapacity for purposes of termination decisions
  • Confidentiality
  • Tax issues
  • Indemnification and D&O insurance
  • Non-competition terms
  • Expenses and reimbursement
  • Benefits
  • General provisions and choice of laws clauses

Contact Us

To learn more about the executive compensation agreements we prepare for our Minnesota clients, please contact us online or call us at 952-432-3136.