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PLAYBOOK TEMPLATES

Executive Employment Agreement

An Executive Employment Agreement sets forth compensation, duties, and protections for senior executives. This playbook highlights negotiation around severance, equity awards, and restrictive covenants.

Scope of Engagement

Why This Matters: Clear scope reduces disputes over performance obligations and protects against scope creep, which can lead to cost overruns and dissatisfaction.

Negotiation strategy

If you're the Company:

Ensure the scope of services is detailed and aligns with the company's objectives. Include specific deliverables and deadlines to avoid ambiguity.

If you're the Contractor:

Negotiate for flexibility in deliverables and timelines to accommodate unforeseen challenges. Ensure the scope is realistic and achievable.

Essential elements

1

Services Description

Detailed list of services.
2

Deliverables

Items to be delivered.
3

Project Milestones

Key deadlines and progress points.

Action framework

ACCEPT

Propose edits if the scope lacks clarity or specificity. Ensure all parties agree on the changes.

EDIT

Reject if the scope is too vague or imposes unreasonable obligations.

ADD

Add new language if additional services or deliverables are required.

PRO TIP

Always document any changes to the scope in writing to prevent future disputes.

Example clauses

FAVORABLE

Preferred Scope of Services

"The Consultant shall provide the following services: [detailed description of services]. The Consultant agrees to perform these services in a professional and diligent manner, consistent with industry standards and practices."
NEUTRAL

Standard Deliverables Clause

"The Consultant shall deliver the following items to the Client: [list of deliverables]. Each deliverable must meet the specifications and standards agreed upon by both parties and be delivered by the specified deadlines."
UNFAVORABLE

Vague Scope Definition

"The Consultant will provide services as needed, with deliverables to be determined at a later date."

Fallbacks

High-Risk Projects

In high-risk projects, ensure the scope includes detailed risk management strategies and contingency plans to address potential issues.

Long-Term Engagements

For long-term engagements, include periodic reviews of the scope to ensure it remains relevant and aligned with evolving project goals.

Multi-Party Agreements

In agreements involving multiple parties, clearly define the roles and responsibilities of each party to prevent overlap and confusion.
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