Tag Archives: employment contracts

Buying or Selling a Business? Don’t Forget to Consider Employment and Non-compete Agreements.

The decision to sell a company involves many considerations. One important – but often overlooked – consideration is the value that should be derived from having enforceable employee and non-compete agreements. However, all too often, due diligence fails to critically assess the enforceability or transferability of non-compete restrictions. As discussed below, the value of the … Continue Reading

Carefully Defining “For Cause” Termination in Employment Contract Critical to Avoid Paying for Misconduct

The 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 … Continue Reading
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