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Executive Contracts / Severance

Career changes occur in every field, including management, high-tech, medicine, and communications.

Stember Feinstein Doyle Payne & Cordes represents individuals, including executives and professionals, in drafting, negotiating, and reviewing employment agreements. Employment agreements usually include provisions regarding the employee's position, title and job responsibilities; compensation (salary, stock options, deferred compensation, incidental benefits); benefits (medical, dental, disability, life insurance, pension or 401(k) contributions); grounds for early termination; and severance benefits. Depending on the field, employment agreements also often include non-competition clauses, which can severely limit your employment options once you leave your current employer.

The firm also negotiates severance packages for individuals whose employment has been terminated due to "reductions in force" or for any other reason, including "for cause." We negotiate improved severance packages, which include larger severance payments, extended employer-paid health care coverage, and limitations on the scope of non-competition clauses.

If negotiations do not achieve what you are entitled to, Stember Feinstein Doyle Payne & Cordes will litigate your case to enforce employment agreements and will defend claims involving non-competition, non-solicitation, and non-disclosure provisions.

If you need assistance negotiating an employment contract or a severance package, please call us at 412.281.8400 or contact us online.