Role and Duties
A clear description of responsibilities, reporting relationships, and performance expectations to reduce ambiguity and support termination decisions.
A clear, signed employment contract reduces ambiguity about pay, duties, and post-employment obligations, provides enforceable rights for both parties, and documents board-approved terms. It supports compliance with tax, securities, and employment laws while protecting confidential information and company intellectual property.
Organizations and individuals who most commonly use Leadership Team Employment Contracts.
Each party uses the agreement to record negotiated business and legal terms; counsel often reviews for statutory and regulatory compliance.
A clear description of responsibilities, reporting relationships, and performance expectations to reduce ambiguity and support termination decisions.
Base salary, incentive targets, bonus formula, equity grants, and payment timing; specify tax treatment and payroll procedures.
Health plans, retirement contributions, expense reimbursement, and executive perks such as car allowance or relocation benefits.
Provisions assigning intellectual property to the company and protecting trade secrets during and after employment.
Define termination for cause, without cause, good reason, notice periods, severance formulas, and any garden-leave provisions.
Noncompete, nonsolicitation, and non-disparagement clauses tailored to state law and enforceability limits.
| Field | Configuration |
|---|---|
| Signing Order | Sequential order: executive, CEO, general counsel |
| Authentication Method | Email plus optional SMS or KBA |
| Conditional Fields | Show severance clause only if enabled |
| Retention Settings | Auto-archive signed PDF and audit trail |
Ensure the chosen eSignature platform supports secure signing, audit trails, and appropriate authentication strength.
Confirm platform compliance (ESIGN/UETA) and, if applicable, HIPAA or 21 CFR Part 11 capabilities before execution.
Provide W-9 upon request; incorrect TINs can trigger 24% backup withholding
W-2 forms must be issued to employees by Jan 31 each year
Compensation to nonemployees reported by Jan 31 to avoid penalties
Individual returns generally due April 15 (Form 1040)
Keep I-9 forms 3 years after hire or 1 year after termination (8 CFR §274a.2)
Brian Fitzgibbons, COO led standardized executive offer templates to reduce negotiation time.
John Butler, Founder used digital signing to manage remote executive hires.
The CHRO negotiates compensation details, coordinates benefits enrollment, and ensures the agreement aligns with company policy and payroll systems; often signs as HR approver or witness for execution.
The GC reviews legal terms, confirms compliance with securities and employment laws, and usually certifies that the agreement satisfies corporate governance requirements and board authorizations.