You are a C-suite officer or senior executive and your company is "in play" and may be acquired. How do you protect yourself or even advance your position in the event of a "successful" acquisition and change in control of your company?
My article on this subject was published March 1, 2016 by CEOWorld magazine.
The article first discusses this situation faced by CEOs. COOs, CTOs, CMOs and other C-Suite and senior executives, then advocates self-assessment of your role and importance in the pre-deal and post deal environment, and finally the importance of establishing your role and rights in a retention / change of control agreement.
Among the key elements of that agreement are the following:
or my website at https://www.executiveemploymentattorney.com/change-of-control-agreements-a-quick-guide-for-ceos-cfos-and-other-senior-executives/
If you or one of your colleagues is in a change of control situation, I am glad to assist. Please do reach out to me at firstname.lastname@example.org.
Robert A. Adelson, Esq. is a corporate and tax attorney and partner at Engel & Schultz LLP, Boston, Massachusetts. He represents C-Level executives and key employees in negotiations over executive employment terms, equity, compensation, relocation, retention and separation agreements, severance packages, and where necessary suits over wrongful termination.