Last Wednesday, on September 6, 2017, CEOWorld magazine published an article I wrote on “Getting the Benefits of Equity Compensation from Family Businesses through Phantom Stock.”
This article was designed for CEOs, C-suite executives and other senior executives who currently work in a family business or are offered a position in a family business and receive now or are offered NO equity compensation because most family businesses do not issue equity to non-family members.
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One week ago, on May 30, 2017, CEOWorld magazine published an article I wrote on “Getting Executive Severance Compensation When You Choose to Quit”
This article was designed for CEOs, C-suite executives and other senior executives who for reasons beyond their control want to quit their current position and ought to be able to get appropriate executive severance compensation in connection with their separation.
My article takes up four main areas:
- Circumstances when you want to quit
- Issues governing Severance when you quit your position
- Key contract terms: Termination for Good Reason in your Job Offer
- Circumstances of Constructive Discharge
- Severance rights and compensation to seek for in Constructive Discharge
- Getting what you deserve if you terminate your position
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Joining a board of directors as an executive can be rewarding, yet has its pitfalls. Boston executive employment attorney Robert Adelson serves the role of an employment advisor to help executives weigh the costs and benefits of joining a board, as well as negotiates their compensation package. The many benefits of joining a board include but are not limited to lucrative stock and options, networking opportunities and access to a new source of information. However, despite these rewarding benefits, an executive who joins a board takes on a large task – one which, if left unfulfilled can expose them to shareholder lawsuits.
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Negotiating severance and making employment termination a lucrative farewell is what Robert Adelson does best. In June 2012, Attorney Adelson represented the COO of a Texas software company, whom we will call Bill Harper (keeping the client’s real name and company confidential) and worked with Mr. Harper to negotiate his employment contract. Mr. Harper was unhappy with his current severance package and felt that his time spent working and helping the software company grow was not being given the fair attention it deserved. Upon representation, Mr. Harper expressed his concerns and went to Attorney Adelson. As a result, Attorney Adelson was able to negotiate severance with the software company, arranging a more rewarding exit for Mr. Harper. Employment termination and severance packages are factors that every executive employee needs to be prepared to deal with. Robert Adelson makes sure that his clients are able to voice their wants and needs about their severance, allowing them a comfortable exit for the future.
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