Why Have Executive Employment Agreements?

Executives are often in a class of their own, and don’t have the same benefits and responsibilities of a regular employee. Executives get the big bucks and perks, and they are in on all the trade secrets and inner circle. But they don’t get overtime pay, paid leaves, and holiday pay. Executives are often on call 24 hours a day and they take the bulk of the blame and responsibility when things go wrong. This is why executive employment agreements are important for both the company and the executives.

Executives wield a lot of authority and influence, but they also take on a lot of responsibility. Executive employment agreements document and limit the power and responsibilities that an executive has, as well as the compensation and perks such as stock options and the like that goes with the position. The agreement may also include nondisclosure or noncompetitive clauses that would prevent an executive from divulging trade secrets to competitors or enticing key employees away. Such agreements serve both the company and executive if it is properly negotiated and structure.

Executive employment agreements tend to favor whoever draws it up, however, which is why it is important that such agreements are brought before a labor lawyer to go through it with a fine-toothed comb. Legal loopholes and certain conditions that could work against either party must be carefully considered and weighed, and subjected to negotiations.

An experienced lawyer should be in on the negotiation process every step of the way before the agreement is finalized and signed. In that way, both parties have a fair shake and disputes can be avoided in the future. This can help both parties avoid contentious and potentially expensive legal battles that will be professionally detrimental to them in more ways than one, no matter who wins.

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Getting SR-22 Bonds Online

Most drivers are required to get an SR-22 by the Department of Motor Vehicles (DMV) once their driver’s license has been suspended. Reasons for having to file for an SR-22 bond are traffic violations, driving without the required minimum coverage, or those who have committed DUI or DWI offenses. An SR-22 bond allows problem drivers to have their licenses reinstated after being suspended or revoked.

Shopping online regarding the best option is the same as combing through insurance companies that can offer you the best deals and discounts. Convenience is one of the allures of the internet, and most insurance companies have online sites that offer free SR-22 quotes just by filling up their forms. Although it may be time-consuming, taking the time to fill these forms in several insurance company can give you options on which one to choose. Having seen the possible options, you can immediately make changes to your coverage, allowing you to have a lower cost which you feel comfortable with.

Habush Habush & Rottier S.C.® note that another great reason to find an SR-22 bond insurance online is that it can save you the trouble of finding an insurance agent and talking to them, that is explaining your case to them. Most online SR-22 bond quotes offer discounts. They are also available 24/7 to help any inquiries, and offer helpful information on their sites to help you understand necessary information. Being online, you can also research more about the insurance company you are eyeing on to see their reliability and services. Finding a trusted and reliable insurance company is necessary in getting an SR-22 and having your driver’s license reinstated.

Lastly, most insurance companies offering SR-22 bonds can provide you with the essential forms needed in applying for it. Having a difficult time to find and fill up the form can slow down your application; with an available form you can process your application and have your license as soon as possible.

Not only are you able to evaluate different quotes from various insurance companies, you can determine which one will work for your specific situation without having to spend a lot of time and money. Since driving your own vehicle is the most convenient way to travel, most drivers with revoked or suspended license should consider going online to find a reputable insurance company who can provide them with SR-22 bonds.

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