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Negotiating and enforcing employment agreements - including non-compete, non-solicitation and other "bad boy" provisions - can be mission critical for both employers and executives.
Powell Goldstein's team has assisted clients with these matters. In addition, we have negotiated severance agreements between employers and departing executives.
Together, we have:
- Represented the entire senior management group in negotiating sales bonuses, retention bonuses, compensation packages and severance pay in a transaction in which the employer sold a major real estate business to an Australian company
- Represented the management group of a Fortune 200 company involved in a contest for control that resulted in one of the largest U.S. leveraged buyouts. We counseled management on restructuring their executive compensation packages in connection with the buyout. These restructuring techniques permitted the acquirer and our clients to attain mutually acceptable objectives and avoid litigation
- Represented a publicly traded REIT in restructuring compensation arrangements for senior executive group in connection with change in control of the REIT
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