Tips and Traps: Negotiating the Murky Waters of Executive Employment Agreements

Understanding Executive Employment Agreements

Wednesday, July 13, 2011 | 8:00 – 9:00 a.m. PST
Davis Wright Tremaine LLP
1201 Third Avenue, Suite 2200
Seattle, WA 98101

It happens to almost every startup that has ever become successful, that sad/exciting but inevitable moment that the founder needs to either step down or seek outside help to be the catalyst for the business to expand and prosper. That catalyst always comes in the form of a smart executive with fresh ideas and an extensive knowledge of the marketplace. These bright individuals can expand revenue and inject new life into a stagnate stock, but they always require a fair amount of coaxing and never come cheap. It is a tough balance between projected benefit and long term cost of the executive. That’s where understanding the nuances in the Executive Employment Agreement can be invaluable.

DWT’s new Continuing Legal Education class can help you piece together an excellent Executive Employment Agreement and avoid some of the pitfalls that businesses small and large have experienced. Hosted by:

Mary E. Drobka

DWT Partner

She is an employment law specialist who works directly with human resources professionals and executive management to ensure that companies, nonprofit organizations, and public entities comply with equal employment opportunity, wage and hour, FMLA, and other employment laws.

Jeff Belfiglio

DWT Partner

He is an employment law specialist who guides clients through a wide range of issues related to employee benefits, including plan mergers, spinoffs, terminations and restructuring in corporate transactions.

This CLE will highlight:

▪  Drafting tips
▪  Traps to avoid when drafting and negotiating common provisions
▪  Executive benefits and perks—tips & traps
▪  Section 409A compliance issues related to bonuses, deferred compensation & severance
▪  Customizing key terms to enhance enforceability of restrictive covenants

We hope to see all of our startup partners there for this very valuable seminar.

* Please email [email protected] if you are interested in viewing the program via webcast.

About Joe Wallin

Joe Wallin focuses on emerging, high growth, and startup companies. Joe frequently represents companies in angel and venture financings, mergers and acquisitions, and other significant business transactions. Joe also represents investors in U.S. businesses, and provides general counsel services for companies from startup to post-public.
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