What is the point of employment agreements between professional corporations and their sole shareholders ?
FORBES: Dentist's Employment Contract Kills Personal Goodwill Argument - Ninth Circuit Rules
That makes me a little hesitant to call for the widespread burning of employment agreements.
FORBES: Dentist's Employment Contract Kills Personal Goodwill Argument - Ninth Circuit Rules
However, restrictive employment agreements are not the only devices money managers use to hide their mistakes from investors.
In our opinion, the SEC should establish standards for the use of restrictive employment agreements by money managers.
The SEC has ignored the effects of confidential settlement and restrictive employment agreements upon the money management industry for too long.
Managers have grown increasingly bold in the scope of activities covered by their employment agreements and the coercive penalty provisions imbedded in them.
Over the past decade, executive employment agreements, and in particular, certain elements of these agreements, have gone from broadly accepted to out of vogue.
Implicit or explicit employment agreements also introduce rigidity into the economy.
It highlights the need for media outlets to sign secure employment agreements with journalists and to pay wages that are set pursuant to the law.
While some boards are doing a pretty good job at picking away at employment agreements, other boards still have this issue in front of them.
Restrictive employment agreements crafted by law firms to protect their money management clients from nasty disclosures, have further undermined the effectiveness of the federal regulatory scheme.
Restrictive employment agreements should be required to expressly state that no penalties can be applied to an employee who reports unethical or illegal activity of the manager.
As a result, government regulators, investors, and shareholder advisors, like ISS (a provider of governance solutions), have come down strongly against employment agreements, deeming them to be one-sided.
Since there was only one employee in each of the corporations and it was the same person as the shareholder, the New Hampshire attorneys did not bother with employment agreements.
As Wible points out, the company last week disclosed in an SEC filing that it has removed a provision in the employment agreements of its top executives that would have allowed them to leave the company in the event of a change of control.
But, like many on Wall Street, Fuld does not have employment or severance agreements, according to Schmidt.
Restrictive Covenants : Many employees are bound by non-compete and non-solicit agreements created in employment contracts or other documents they have signed.
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Lending, employment contracts, and other agreements would be reached with an exact and definitive understanding of what each side was responsible for delivering.
We have employment contracts, lending contracts, pension agreements, annuities, welfare, taxes, and, more broadly speaking, the prices paid for goods and services.
Indigenous land-use agreements, usually involving compensation, employment opportunities, and the preservation of designated heritage sites, have become the new standard in mining.
You should require employees who have access to customer lists, strategic plans, pricing information, financial data and other confidential business information to sign confidentiality agreements that restrict their use of such information during their employment and after.
The Indiana bill, in addition to destroying collective bargaining with public employees, would prohibit unions in the private sector from negotiating agreements with employers requiring that all workers be union members as a condition of employment.
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Fox referred to the trade agreements between the two countries as "a two-way commercial street" that has resulted in more employment in the United States.
State law also may allow you to require employees to sign agreements not to compete with your business or to solicit your customers for a period of time after their employment ends.
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