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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.
Term and Termination
Negotiation strategy
Ensure the agreement includes clear terms for termination, both for cause and without cause, to protect the company's interests. Negotiate for a reasonable notice period and severance obligations to minimize disruption.
Advocate for fair termination provisions that include adequate notice and severance terms. Ensure that the conditions for termination for cause are clearly defined to avoid potential disputes.
Essential elements
1
Agreement Duration
Defines start and end dates.
2
Renewal Terms
Conditions for automatic renewal.
3
Termination Rights
Rights to end the agreement.
Action framework
ACCEPT
Propose edits if the termination terms are not aligned with business goals or industry standards.
EDIT
Reject clauses that impose unreasonable notice periods or lack clear cause definitions.
ADD
Add language to clarify severance obligations and notice requirements.
PRO TIP
Always review jurisdiction-specific laws to ensure compliance with local termination regulations.
Real-world examples
FAVORABLE
Preferred Term of Agreement
"The term of this Agreement shall commence on the Effective Date and shall continue for a period of three (3) years, unless earlier terminated in accordance with the provisions of this Agreement. Upon the expiration of the initial term, this Agreement shall automatically renew for successive one (1) year periods unless either party provides written notice of non-renewal to the other party at least ninety (90) days prior to the expiration of the then-current term."
NEUTRAL
Termination Without Cause
"Either party may terminate this Agreement without cause by providing the other party with one hundred twenty (120) days' prior written notice. In the event of such termination, the terminating party shall not be liable to the other party for any damages or compensation, except as expressly provided in this Agreement."
UNFAVORABLE
Unclear Termination Provisions
"The Agreement may be terminated at any time without clear cause or notice requirements, leading to potential disputes."
Alternative scenarios & positions
High-Risk Projects
In high-risk projects, ensure termination clauses include specific risk mitigation measures and detailed exit strategies to protect both parties.
International Agreements
For international agreements, consider additional termination provisions to address cross-border legal and regulatory differences.
Short-Term Contracts
In short-term contracts, focus on flexible termination terms to allow for quick adjustments to changing business needs.
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WEEK 1
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WEEK 2
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WEEK 3
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Your team builds initial playbooks, reviews existing clause libraries, and trains the DocJuris agent to align with your internal standards and negotiation positions.
WEEK 4
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