executive-employment-contract

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An Executive Employment Contract is a formal agreement outlining the terms and conditions of employment for a senior manager or company executive. It typically includes details such as job title, duties, remuneration package (including salary, bonuses, and share options), benefits, notice periods, and termination provisions. It may also cover confidentiality, restrictive covenants, and performance expectations. This contract is designed to protect both the company’s strategic interests and the executive’s employment rights.

An Executive Employment Contract usually provides more detailed and tailored terms than a standard employment agreement. Executives often have greater responsibility and influence over company operations, so their contracts may include clauses on performance-related incentives, post-termination restrictions, and severance or change-of-control provisions. These contracts are also subject to higher scrutiny by the board or remuneration committee to ensure compliance with governance, shareholder, and regulatory requirements.

Keyword :

Employment Agreement Contract of Employment

Area Of Law :

Employment/Labour Law

Sector :

Private Law

Category :

Private Law

Region :

Europe