Executive Compensation Agreement

Executive compensation covers employees that is included in company principle, chief executive officer (CEO), chief financial officer (CFO), vice presidents and also other upper-level managers. These advanced employees are paid for executive compensation. An Executive Compensation Agreement is surely an agreement between a corporation and a probable executive whom the company would like to hire for employment. These executive compensation agreement construct the terms of an executive’s employment, including however, not limited to provisions covering the executive’s compensation, including an additional benefit structure, scope of employment, grounds pertaining to termination and severance package deal available upon termination.