Term and Duties
Define role, reporting structure, full-time expectations, start date, and any probationary or renewable terms to avoid ambiguity about authority and responsibilities.
A precise agreement aligns fiduciary expectations, protects company confidential information and intellectual property, reduces litigation risk, and documents compensation and termination mechanics that affect tax and securities reporting.
Final signatures should reflect authorized signatories for the company and the CEO and, when required, board resolutions authorizing the agreement.
Define role, reporting structure, full-time expectations, start date, and any probationary or renewable terms to avoid ambiguity about authority and responsibilities.
Specify base salary, bonus targets, payment schedule, equity grants, vesting schedule, and any deferred compensation plan references with clear measurement and payout triggers.
Detail cause and good‑reason definitions, notice periods, severance formulas, mitigation obligations, and change‑in‑control treatment to limit future disputes.
Include confidential information definition, invention assignment, and work‑for‑hire clauses to secure the company's intellectual property rights created by the CEO.
State noncompete, nonsolicitation, and nonrecruitment terms, geographic scope, duration, and severability language tailored to enforceability requirements in the governing state.
Reference board resolutions, indemnification provisions, D&O coverage, and conditions for executive benefits such as equity plan participation and relocation allowances.
| Field | Configuration |
|---|---|
| Signature Order | CEO | Company Officer | Board Designee |
| Authentication | Email link with optional SMS code or KBA |
| Reminders | Enable automatic reminders at 3 and 7 days |
| Document Retention | Auto-archive signed PDF to secured storage |
Ensure the platform can produce a certificate of completion, support any required BAA for healthcare data, and export signed documents for corporate records and audits.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | Varies by vendor | Varies by vendor | Varies by vendor | Varies by vendor |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies | Varies | Varies |
The interface is simple and easy-to-use for our team; more importantly, it is just as easy for our customers.
We felt most comfortable given their SOC 2 certification and strict focus on ESIGN and UETA compliance.
Date agreement takes effect; use MM/DD/YYYY format
CEO's official first day and payroll setup
Typically within 30–60 days of start date
Employee W-2 to recipient by Jan 31
Retain for 3 years after hire or 1 year after termination (8 CFR §274a.2)
Board approves terms and resolves to offer the position
Parties negotiate compensation, severance, and equity terms
CEO and authorized company sign and date the agreement
Complete payroll setup, equity issuance, and benefit enrollment