Employment Contract Summary

Produce a citation-backed summary of an employment agreement with risks and gaps flagged.

Prerequisites

Before starting, collect:

1. Complete agreement set — main contract plus exhibits, schedules, equity plans, and referenced policies.
2. Governing law and venue — from the document; if missing, mark as absent.
3. Role context — job title, level (executive/non-executive), and start date if known.

Quick Start

1. Read the full agreement set.
2. Produce each section below in order, citing section/page for every material term.
3. Close with a risk assessment and recommended follow-ups.

Output Sections

Produce sections in this exact order. Every cell must include a section/page citation or "missing."

1. Snapshot (4–6 lines)

Parties, role/title, start date, at-will vs. term, governing law, dispute forum.

2. Parties & Role

| Item | Details | Citation | |---|---|---| | Employer | | | | Employee | | | | Title/Reporting | | | | Duties/Scope | | |

3. Term & Renewal

| Item | Details | Citation | |---|---|---| | Term length | | | | Renewal/extension | | | | Probationary period | | |

4. Compensation & Equity

| Component | Amount/Formula | Timing/Conditions | Citation | |---|---|---|---| | Base salary | | | | | Bonus/incentive | | | | | Commission | | | | | Equity/RSUs/options | | | | | Cash benefits | | | |

5. Benefits & Perks

| Benefit | Eligibility | Cost Split | Citation | |---|---|---|---| | Health/retirement | | | | | PTO/leave | | | | | Expenses/perqs | | | |

6. Termination & Severance

| Scenario | Notice | Cause Definition | Severance/Conditions | Citation | |---|---|---|---|---| | For cause | | | | | | Without cause | | | | | | Resignation | | | | | | Change in control | | | | |

7. Restrictive Covenants

| Covenant | Duration | Geography | Scope | Exceptions | Citation | |---|---|---|---|---|---| | Non-compete | | | | | | | Non-solicit | | | | | | | Confidentiality | | | | | | | Non-disparagement | | | | | |

If governing law is specified, add state-specific enforceability notes. Otherwise state: "state-specific enforceability varies."

8. IP & Work Product

| Topic | Obligation | Carve-outs | Citation | |---|---|---|---| | Assignment of inventions | | | | | Prior inventions schedule | | | | | Works outside scope | | | |

9. Dispute Resolution

| Mechanism | Rules/Forum | Class Waiver | Fees | Remedies Limits | Citation | |---|---|---|---|---|---| | Arbitration/litigation | | | | | |

10. Compliance & Statutory Conflicts (Flag Only)

• Minimum wage/overtime classification risks.
• Non-waivable rights (leave, anti-discrimination, whistleblower).
• 409A, golden-parachute, or tax gross-up concerns for executives.

11. Risks, Ambiguities & Missing Terms

Bullet list — each item gets a citation or "missing." Flag inconsistent defined terms and cross-reference errors.

12. Risk Assessment & Follow-ups

RISK LEVEL: Low / Medium / High (brief rationale)
KEY ISSUES: ...
MISSING/UNCLEAR: ...

List targeted follow-up questions or documents needed (e.g., equity plan, bonus plan, policy handbook).

Pitfalls

• Quantify everything — dollars, dates, percentages, vesting schedules.
• Distinguish "silent" vs. "expressly excluded" — these have different legal weight.
• Non-competes are state-dependent — never assume enforceability; flag for jurisdiction review.
• No legal advice — flag issues and conflicts only; do not predict outcomes.