Posts Tagged ‘severance payment’
There Are Potential Pitfalls to “The $100 Million Giveback”
February 7th, 2012 | 
Author: The compensation package of Eugene Isenberg, former CEO and now chairman of Nabors Industries, Ltd., including a proposed $100 million termination payment, illustrates the far extreme of executive compensation. While institutional shareholders brought suit to challenge his compensation, wasn’t there due diligence before investments were made?
Non-Profit Employment Contracts with Six Figure Severance Payments Draw Scrutiny
Wall Street compensation does not appear to be the only target these days as foundations are coming under increased scrutiny. Handsome severance packages have been provided within the four corners of executive employment agreements. The Wall Street Journal reports such is the case at the National September 11 Memorial and Museum. Query whether the net impact of these packages will be a reduction in funding and/or contributions in the non-profit arena.
Posted in Severance Agreements | 
Tags: 9/11, 9/11 Memorial, compensation, contract, contract clause, contract provision, employee, executive compensation, golden parachute, National September 11 Memorial & Museum, non-profit, nonprofit, salary, September 11, September 11 Memorial, severance payment | 
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