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Employment

Appointments and severances at board / senior level

Directors and senior managers play a vital role in steering business strategy, influencing culture and building relationships with investors and customers. Appointing the right people on the right terms is therefore crucial to business success. But it is not always smooth sailing.

Poor performance, disagreements over future direction, personality clashes and boardroom disputes can mean that a senior executive has to be removed, and in an environment of high reward and the possibility of damaging publicity, terminations have to be handled with great care. We provide advice on all aspects of the director/senior management employment relationship, covering matters such as:

• Executive appointments on legally compliant and business focused terms, including 'golden hellos'
• Incentivised remuneration packages including bonuses, pensions and share schemes
• Protecting the business through confidentiality agreements and restrictive covenants
• Setting out the terms in service agreements
• Dealing with shortfalls in performance or behaviour at senior levels
• Negotiation and mediation to agree severance terms
• Acas COT3 or compromise agreements
• Dealing with High Court breach of contract claims or injunctions

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