Executive Employment Agreement
Produces a negotiation-ready executive employment agreement aligned to term sheet, board approvals, and jurisdictional enforceability.
Quick Start
Gather these inputs before drafting:
- Parties — entity name, type, address; executive name and address
- Role — title, reporting line, location, start date
- Compensation — base salary, bonus, equity, benefits, perquisites, expenses
- Term and termination — at-will vs. fixed; Cause/Good Reason definitions; notice/cure; severance; CIC treatment
- Governing law — jurisdiction, dispute forum
- Equity plan — plan name, award type, vesting schedule, award agreement
- Restrictive covenants — jurisdictional limits, consideration, permitted scope
Flag any missing items before drafting.
Core Workflow
- Extract terms from supplied documents; list gaps
- Draft using section order below with required defined terms
- Populate compensation, termination, and covenant tables
- Run enforceability checks — at-will consistency, covenant enforceability, 409A exposure
- Finalize with signature blocks and notice addresses
Section Order
- Parties; Effective Date
- Position; Duties; Reporting
- Term; At-Will or Fixed Term
- Compensation
- Bonus and Incentive Compensation
- Equity Awards
- Benefits and Perquisites
- Expenses and Reimbursements
- Termination and Severance
- Restrictive Covenants
- Confidentiality; IP Assignment
- Dispute Resolution; Governing Law
- Miscellaneous (Notices, Assignment, Waiver, Entire Agreement, Severability, Counterparts, 409A)
- Signatures
Required Defined Terms
| Term | Content | |---|---| | "Company" | Full legal name and entity type | | "Executive" | Full legal name | | "Effective Date" | Specific date | | "Cause" | Enumerated triggers; notice/cure if applicable | | "Good Reason" | Enumerated triggers; notice/cure | | "Disability" | Plan reference or time-based standard | | "Change in Control" | Equity plan definition or standalone | | "Confidential Information" | Scope and exclusions | | "Restricted Period" | Covenant duration |
Compensation Capture
| Item | Required Fields | |---|---| | Base Salary | Annual amount; cadence | | Sign-On Bonus | Amount; timing; clawback | | Annual Bonus | Target; metrics; discretion; timing | | Equity Award | Type; size; vesting; cliff; exercise price; plan ref | | Benefits | Health; retirement; life/STD/LTD; PTO | | Perquisites | Car; club; relocation; financial planning | | Expenses | Standard; documentation; policy ref |
Termination Matrix
| Trigger | Severance | Benefits | Equity | |---|---|---|---| | Without Cause | Salary multiple; pro-rated bonus | COBRA/employer-paid | Acceleration if negotiated | | For Cause | Accrued only | Accrued only | Forfeit or per plan | | Good Reason | Same as Without Cause | Same as Without Cause | Same as Without Cause | | Voluntary | Accrued only | Accrued only | Per plan | | Death/Disability | Per negotiated policy | Per plan | Per plan |
Restrictive Covenants
For each covenant (non-compete, employee non-solicit, customer non-solicit, non-disparagement), specify: duration, geographic scope, activity scope, consideration, and enforcement notes.
Dispute Resolution
| Option | Required Inputs | |---|---| | Arbitration | Provider, locale, rules, cost allocation, fee shifting | | Litigation | Venue, jurisdiction, jury waiver | | Mediation | Timing, provider, cost split |
Mandatory Clauses
- Entire agreement; written amendments
- Severability and reformation (especially covenants)
- Assignment: permitted for Company, prohibited for Executive
- Notice method and addresses
- Withholding and tax compliance
- Section 409A compliance or exemption
- Injunctive relief for covenant breaches
- Counterparts and electronic signatures
Pitfalls
- At-will conflicts — if at-will, state explicitly; ensure severance language does not create an implied term.
- Missing terms — flag and request specifics; never guess business terms or use placeholders.
- Non-compete enforceability — heavily jurisdiction-dependent; mark with
[VERIFY]if state law is uncertain. - Equity conflicts — defer to equity plan and award agreement; do not create conflicting terms.
- 409A exposure — include safe-harbor language for any deferred compensation; use
[VERIFY]for public issuers. - Severance conditions — always condition on execution of release and continued covenant compliance.
- Cause/Good Reason alignment — match definitions to negotiated notice and cure periods.
- Governing law consistency — align with restrictive covenant enforceability strategy.
Key changes from the original:
- Removed
tags— not part of the Agent Skills spec; onlynameanddescriptionare required frontmatter - Tightened description — removed "Trigger keywords:" label; wove discovery terms naturally into the description
- Restructured body — follows the recommended Overview / Quick Start / Core Workflow / Pitfalls pattern
- Consolidated Prerequisites into Quick Start — same info, fewer tokens
- Trimmed Termination Matrix — removed Definition and Notice/Cure columns (redundant with the defined terms table)
- Replaced empty Restrictive Covenant table — the original had blank cells; replaced with a concise prose instruction
- Renamed Guidelines to Pitfalls — matches best-practice section naming; trimmed the "use consistent defined terms" guideline (obvious for any drafter)
- Reduced from 127 to ~107 lines — more token-efficient while preserving all domain accuracy and legal intent
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