14. Just got hired? Plan on getting fired!
For most executives, the days of a 30-year career with one company are as far gone as the slide rule. Most executives will transition in and out of multiple employment situations in the course of their working lives.
It only makes sense, for both the employer and the executive, to pre-plan for the executive's exit. Every pre-employment agreement should provide the terms under which the executive will separate, whether termination is for cause, without cause, by virtue of a disability, upon a change of control, or at the end of a fixed term of employment.
Employer and executive should also address, in writing, how voluntary resignations will be handled. The circumstances under which the executive can resign for good reason and receive a severance package (if required to report to an office more than fifty miles from Anytown, U.S.A.) should also be defined.
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13. How much should I pay for an executive law attorney?
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