Tag Archives: executive contracts

Game industry executive’s job-hopping mistake leads to `Game Over’ jury verdict for Facebook/Oculus

Hours after a Dallas jury returned its $500 million verdict for ZeniMax over claims that Facebook and Oculus unfairly used its virtual reality coding, the creator of that code, John Carmack, took to social media to continue his defense. Carmack, … Continue reading

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Dialer Beware: Trump Volunteers Must Sign Onerous Agreement to Work Online Phone Bank

Where do I begin? There are so many troubling aspects to the lengthy nondisclosure agreement that Republican presidential candidate Donald Trump is requiring online campaign volunteers to sign that I just had to speak up. The contents of this 2,271-world … Continue reading

Posted in CEOs, Confidential Information, Covenants Not to Compete, Executive contracts, Litigation, Non-Competes, Trade Secrets | Tagged , , | 1 Comment

Massage Envy No More

Houston Chronicle business columnist Chris Tomlinson recently interviewed me about how a woman’s search for a better job landed her in serious legal trouble. The unfortunate story involves Maxie Foster, who worked for years as a receptionist to pay her … Continue reading

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Crass Executive Spending Puts Leading Veterans Charity under a Cloud

As obvious as it seems, abusing an expense account with lavish personal spending is one of the most common ways a CEO can get into trouble. Being an executive comes with reasonable perks that are necessary and helpful to doing the job. But some people get carried away and forget that these funds are not for their personal use and enjoyment. Continue reading

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What’s the Best Way to Take People With You to a New Company?

I’ve devoted a couple of blogs (here and here) to what things executives should and should not take with them when they change employers. Simply playing that part right can help avoid litigation with former employers. Where it gets really … Continue reading

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Mandatory Retirement Age Policies Not so Mandatory

Two recent high-profile executive retirements, both citing the companies’ mandatory retirement age policies, raise the question “how can mandatory retirement age policies be legal?” The truth is, most of them aren’t. Neither IBM CEO Sam Palmisano nor Freddie Mac Chairman … Continue reading

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Changing Jobs? Here’s What Not to Take With You

In my last blog, I discussed what executives should take with them when they’re leaving their company. In this blog, we’ll go over something just as important: what they shouldn’t take with them. The short answer is, besides the employment … Continue reading

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Executives Should Proceed With Caution When Changing Jobs

One of the biggest, and most likely, legal headaches highly placed executives can give themselves involves their actions just before and just after leaving one company and joining another. An executive’s actions during this time are critical to avoid getting … Continue reading

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If there’s a change of control, an executive needs options in writing

Change of control agreements, or golden parachutes as they are more commonly known, can be a lifesaver for an executive whose employer is purchased by another company, but these agreements also are rife with pitfalls. The most common problem is … Continue reading

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NFL mediation not what you may be thinking

The NFL owners and players union head back into mediation tomorrow (Tuesday March 1), less than 72 hours before the collective bargaining agreement expires. Drastic measures could follow. Mediation is a good first step, and it’s swell that the mediator said there … Continue reading

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