CEO OF NEW JERSEY PHARMACEUTICAL COMPANY, EMPLOYMENT AGREEMENT AND EQUITY ARRANGEMENTS

CEO of New Jersey pharmaceutical company, employment agreement and equity arrangementsMy years of experience as a Boston executive employment lawyer have provided me with the opportunity to negotiate contracts on behalf of executives throughout the country. This particular example looks at some of the things I was able to achieve for the CEO of a New Jersey pharmaceutical company:
Expand permission for outside boards:Negotiations included provisions to permit his participation on other boards, with the executive to retain all options and other forms of compensation.Gain temporary housing and other key expense payments: We engaged in further negotiations for extensive expense reimbursements, including an extensive temporary housing allowance, pending a company paid relocation, at the executive’s option.

Achieved VC-style put options on equity: The provisions on equity provided for VC-style redemption features to enable the executive to put his shares to the company if the exit was not effected in the time period set out in the contract.

Full-term severance protections: The terms of the severance agreement included pay for the full length of the contract on termination without cause by the executive for good reason.

More Information

For more information regarding my executive employee services, please see below: