clawback bonusSeverance agreements have recently made headlines in Michigan after it was reported that three high-ranking departing state officials were paid severance amounts ranging from slightly more than $11,000 up to $155,506.00.

In this regard, I was recently interviewed by the Detroit News reporter, Craig Mauger, about using severance agreements concerning the payout to Robert

Signing Contract.jpgThe apparent resume fraud by Yahoo’s former CEO Scott Thompson is grabbing headlines after he became the most recent departure through Yahoo’s CEO revolving door; He was the fourth CEO to step down in five years.

But the real expensive lesson that companies should study from this embarrassment is how to carefully draft executive employment