your senior executives and directors
Your senior executives and directors make a significant contribution to your business and if one (or several) of them should leave, it will have a significant impact. Of course, you will hope they will part on good terms, but if there is a dispute involved then you will need to be prepared by having contracts of employment, directors service agreements and restrictive covenants in place to protect the business interests.
The departure of a senior executive can be particularly complex because, as well as being an employee, they may also be a shareholder and possibly a director. This adds extra complications because you will be dealing with shareholder agreements and company laws, as well as employment laws.
Acting incorrectly could result in the senior executive taking you to an employment tribunal, and the penalties could be significant. To avoid this risk, it is essential that you have specialist legal advice.
We will provide the expert support you need, and you can trust us to be efficient, practical and dependable.
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Friday 19th February 2021
RESTRICTIVE COVENANTS: WHAT ARE THEY AND WHY DO YOU NEED THEM?
When an employee leaves, they are in a position to profit from your confidential information, either by divulging secrets to others or taking what they know and putting it into practice themselves. Restrictive covenants can stop this from happening. What are restrictive covenants? Restrictive covenants are restraints written into an employment contract that trigger as soon as a person leaves …
Thursday 11th February 2021
5 legal documents every digital start-up needs
For digital start-ups turning an idea into a commercially viable business can be a risky proposition. If you want to protect your investment in your business, then having the right legal documentation in place from the outset is essential. To help you hit the ground running, we have outlined below five legal documents that every digital start-up should have in …