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Showing posts with label executive severance terms. Show all posts
Showing posts with label executive severance terms. Show all posts

Tuesday, May 19, 2026

Negotiating Your Executive Severance Package

 


May 2026 Edition

We are now well into May and after April showers and chilly days, we are now seeing the flowers sprout and many more warm days, with ever later sunsets. Still too early for the beach, but great New England weather for biking, hiking, boating, golf, picnics and enjoying the out of doors.

This has not been the best of times for Boston’ s professional sports scene. The good news was that both the Bruins and Celtics made the playoffs. The bad news was that both our teams went down and out in the first round. The Celtics loss was especially painful. After a 56-win season, as the number 2 seed of the Eastern Conference, the C’s seemed destined for a long playoff run — even more so with the late season return of star forward Jason Tatum. Yet despite a 3 games to 1 series lead, the Celtics lost in 7 games to the ‘76ers, the East’s # 7 seed, and that 7th game loss was on the parquet floor of TD Garden. And things have not gotten better when our region’s sports focus then moved to the Boston Red Sox. The Crimson Hose got off to such a rocky start that by the end of April, long time manager Alex Cora had been fired along with most of his coaching staff. Since then, there has been improvement. Over the last 14 games, up to Tuesday, the Red Sox were 8–6 climbing out of last place. Over that 14-game period the Sox starting rotation posted a 2.99 ERA, tied for fourth-best in baseball in that time. That veteran heavy starting rotation, certainly is our season’s big hope, with a club which is so “challenged” when it comes to offense, especially power hitting. So, as the 2026 MLB season moves on, we cross our fingers for this Sox club Craig Breslow has designed built around the old baseball adage “Good pitching, beats good hitting.” And of course, when all else fails …well, there’s soccer. And for April and May 2026, soccer has been a more pleasant story for the Boston sports scene. The Revolution have been winning at home and our women’s team the Boston Legacy winning all over… my physical therapist at Marathon PT shared with me her excitement attending a recent Legacy game and I will try to interest my daughter to join me for a Legacy game at Gillette. And beyond the two Boston soccer teams, this summer there is the FIFA World Cup! It has been 32 years since the USA and Boston hosted games in the World Cup of “Football”. Now, for sure I’m giving away my age… but in 1994, it was one of my great thrills in spectator sport to view Diego Maradona and Argentina vs Greece from the cheap seats, one of the top row (nose-bleed) sections of old Foxboro Stadium. From that long ago experience, my advice — If you get the chance to attend a World Cup game — GO!

As for Newsletter items, unfortunately I missed my deadline to submit for publication a new article to showcase in this month’s newsletter. So, to fill the gap, I am reposting an older article that my digital marketer Millie Kwan told me is among the most popular of my 54 articles published to date by CEOWORLD Magazine (this one has the most clicks, she says) — I’m hoping you too will enjoy it — the topic “An Executive Severance Agreement Protects Your Employment, Career and Reputation”. A link to that new article is featured as item #1. This newsletter also has links, in items #3 and #4, to two other earlier articles of mine still relevant to CEOs, C-suite and senior executives. The first article discusses using leverage you’ve acquired to renegotiate key terms of your executive employment agreement and executive compensation package, this article of mine published about a year ago at IVYEXEC career advancement website. The second article of mine, published in CEOWORLD in 2022, is on the use of profits interests in LLCs which can be an important item of equity to seek if your company is an LLC or partnership. There is also a special offer as item #5. I hope some of these items might be of benefit… and my best wishes to all for the rest of May!

1. Negotiating Your Executive Severance Agreement

Whether you have just received a job offer, have a chance to renegotiate your current contract, or are facing a change of control or termination situation, my CEOWORLD article published in Sept. 2018 but still relevant today, may benefit you, as I discuss key payment, equity, benefits, non-disparagement and other terms to negotiate in your severance package and also how to deal with what your employer may ask of you. Read the Article Here

2. Work with CEOs, C-Suite and Senior Executives, exclusively.

Robert Adelson is an attorney specialized in the representation of CEOs, C-level and senior executives. He no longer represents companies or employers. Learn about Robert Adelson’s work with CEOs, C-level and senior executives to advise on and improve job offers, employment contracts, stock, RSUs, options, bonuses and other executive compensation matters, plus advice and aid on issues of wrongful termination, severance, exit terms, retention, change of control, other executive issues and more … More Details Here

3. Using Leverage to Re-Negotiate Key Terms in Your Employment Contract

My article published last year in IVYEXEC career advancement website describes when the opportunity is right for CEOs or other C-Suite or senior executives to re-negotiate your employment contract and equity after achieving a level of success on the job, plus tips on preparing, what to seek, and how to achieve success in your negotiations. Read the Article Here

4. Negotiating Favorable Executive Equity Terms in an LLC

What terms do you negotiate for when, as a senior executive, you are offered equity in an LLC? What are the differences in rights and taxation of Profits Interests vs Capital Interests? How can LLC profits interests benefit you more than corporate equity in a case of significant equity appreciation? What are the hidden land mines in LLC Operating Agreements? How do you defuse them? Those topics and more, are discussed in my CEOWORLD magazine article published in 2022. Read the Article Here

5. 5/2026 Offer: Good until May 24th

This 2-week value-packed offer, is as a way to get introduced to my law work: an Executive Employee Equity Law Diagnostic — this offer is good through 5/28/26. More Details Here

It’s always a pleasure to get back in touch with you and other clients, friends, and colleagues. I hope the links and information provided will be useful to you and that there will be an opportunity for me to work with you on legal matters in the near future.

Let’s keep in touch!

Best regards,

Rob

Robert Adelson

*Adelson & Associates, LLC
Executive Employment Attorney
101 Federal Street, 19th Floor
Boston, MA 02110
(617) 204–5601 Law Firm
(617) 204–5602 Direct
(617) 204–5604 Fax
E-mail : rob@attorneyadelson.com
Blog: https://robadelson.wordpress.com/
Twitter: @AttorneyAdelson
LinkedIn: https://www.linkedin.com/in/robert-adelson-b8a1557/
Website: www.executiveemploymentattorney.com

Note on Adelson & Associates, LLC:
* Robert A. Adelson is the Principal of Adelson & Associates, LLC. For fifteen (15) years, from October 2004 through December 2019, Robert Adelson practiced law and referred legal work to associates of his, trusted and experienced colleagues, as a partner of Engel & Schultz, LLP. In December 2019, the lead partners of the firm announced they would go into semi-retirement, go their separate ways, and the office lease would expire in January 2020. In response, Robert Adelson formed Adelson & Associates, LLC in December 2019 and commenced the new firm’s operations on January 1, 2020, with the new firm taking over, on that date and going forward, all current Robert Adelson clients, matters and operations, as well as all referral of legal work to associates of Robert Adelson. Since 1/1/2020, the firm’s offices have been and remain at 101 Federal Street, 19th Floor, across the street from the pre-2020 offices at One Federal Street, 21st Floor, in Boston’s Financial District.


Monday, March 16, 2026

Transformation Executive Officer Role: Risks & Protection


March 2026 Edition

March began with big snow falls but the weather has warmed of late.  I suspect winter is not yet ready to let us go.  For those like my wife who relishes her winter sports, I do hope there will be sufficient snow and ice this last month of winter.  For those like me who look forward to warmer weather, perhaps you will get a chance to sneak off for time in the sun in warmer places.

March has seen good times for Boston winter sports. The Celtics have had a very strong season and Jason Tatum has now returned to the team with a very promising opening night and follow-up with a big Celtics win in Cleveland Sunday.  The Bruins too have played fairly well winning at home losing on the road and in a Wild Card spot if the season ended today.  So perhaps as March and April unfold, this will mean playoff runs for both teams, and perhaps a deep run for the Celtics and a return to the NBA finals.

March Madness too will soon begin and to all with your brackets and betting favorites, and for those out there with alma maters in the NCAA Basketball Tournament – all best of luck! For my two tournament-eligible alma maters, this has not been a good year for the Northwestern Wildcats.  However, for my other alma mater Boston University offers real hope with Joe Jones’ overachieving squad.  Sunday night, BU’s Chance Gladden hit a buzzer beater. a 40-foot bomb, to overcome top ranked Navy 73-72.  Navy was a huge favorite, the Midshipmen having beaten BU twice this season and riding a 14-game winning streak into this game played in Annapolis.  Now, BU gets to play Lehigh for the Patriot League championship tomorrow night (3/11/26) in Bethlehem, PA.  If the Terriers win,  it would mark BU’s first invitation to the NCAA Tournament – March Madness - since 2020.  Here’s hoping – Go Terriers!

As for Newsletter items, last Friday, CEOWORLD magazine published an article of mine on Chief Transformation Officers – risks and protections.  Further into this March Newsletter, items #3 and #4 are two older articles of mine, both published in IVYEXEC career advancement website, #3 published in 2022 on leveraging  your strengths in negotiating for key terms in executive retention packages, #4 published in 2024 on getting executive severance even when you quit your position.  Item #5 is a special offer also on executive retention. As always, I hope some of these items might be of interest and benefit…  and my best wishes to all for the rest of March!

1.       Transformation Executive Officer Role:  Risks & Protections

If you are in the market for or are considering  a job offer to be a Chief Transformation Officer or Chief Innovation Officer, my article published last Friday (March 6), may be of benefit as I discuss key risks posed to you by those positions and also important protections and other terms to seek in your negotiations. Read the Article Here

2.       Work with CEOs, C-Suite and Senior Executives, exclusively.

Robert Adelson is an attorney specialized in the representation of CEOs, C-level and senior executives. He no longer represents companies or employers.  Learn about Robert Adelson’s work with CEOs, C-level and senior executives to advise on and improve job offers, employment contracts, stock, RSUs, options, bonuses and other executive compensation matters, plus advice and aid on issues of wrongful termination, severance, exit terms, retention, change of control, other executive issues and more … More Details Here

3.      Executive Retention Packages – Terms and Negotiations

Do you have now, or Do you soon expect an attractive job offer to leave your CEO or senior executive position?  Is your company “in play”?  Are you nearing a funding milestone?  Are there other reasons why your company has dependence on you and strong desire for you not to leave now.  My article, published in 2022 by IVY EXEC career advancement website, discusses the negotiation and terms for retention agreements in those and other circumstances for the executive seeking to realize benefit from the company’s retention need when such opportunities are presented. Read the Article Here

4.       Getting Executive Severance when you Choose to Quit

Are you thinking of quitting your current executive position, but don’t want to leave empty-handed? My article published in Jan. 2024  by IVYEXEC career advancement website, speaks to senior executives who, for reasons beyond their control, want to quit your current position and then strategies how to still seek appropriate executive severance compensation in connection with your separation. Read the Article Here

5.       3/2026 Offer:  Good until March 24th

This 2-week value-packed offer, is as a way to get introduced to my law work: an Executive Employment Retention Law Diagnostic – this offer is good through 3/24/26. More Details Here

It’s always a pleasure to get back in touch with you and other clients, friends, and colleagues.  I hope the links and information provided will be useful to you and that there will be an opportunity for me to work with you on legal matters in the near future.

Let’s keep in touch!

Best regards,
Rob
Robert Adelson

*Adelson & Associates, LLCExecutive Employment Attorney

101 Federal Street, 19th Floor, Boston, MA 02110

(617) 204-5601 Law Firm

(617) 204-5602 Direct

(617) 204-5604 Fax

Email :  rob@attorneyadelson.com

Website: www.executiveemploymentattorney.com

LinkedIn: https://www.linkedin.com/in/robert-adelson-b8a1557/

Blog:  https://robadelson.wordpress.com/

X:  @AttorneyAdelson

Note on Adelson & Associates, LLC:* Robert A. Adelson is the Principal of Adelson & Associates, LLC.  For fifteen (15) years, from October 2004 through December 2019, Robert Adelson practiced law and referred legal work to associates of his, trusted and experienced colleagues, as a partner of Engel & Schultz, LLP.  In December 2019, the lead partners of the firm announced they would go into semi-retirement, go their separate ways, and the office lease would expire in January 2020.  In response, Robert Adelson formed Adelson & Associates, LLC in December 2019 and commenced the new firm’s operations on January 1, 2020, with the new firm taking over, on that date and going forward, all current Robert Adelson clients, matters and operations, as well as all referral of legal work to associates of Robert Adelson.  Since 1/1/2020, the firm’s offices have been and remain at 101 Federal Street, 19th Floor, across the street from the pre-2020 offices at One Federal Street, 21st Floor, in Boston’s Financial District.

Monday, December 21, 2020

Holiday Greetings 2020

 

Blue bird

This holiday card and photograph are used here with the permission of wild life photographer Jerry Acton who enjoys sharing the beauty of nature from his home in New York’s Southern Tier. www.jerryacton.com

All Best wishes to you and yours, for a joyous holiday season and
For success, prosperity, health and happiness,
In the coming year, 2021.

ROBERT A. ADELSON, ESQ.
Adelson & Associates, LLP
101 Federal Street, Suite 1900 
♦ Boston, MA 02110
(617) 204-5602 
♦ FAX:  (617) 204-5604
Email: rob@attorneyadelson.com
Blog: https://robadelson.wordpress.com/
Website: www.ExecutiveEmploymentAttorney.com
LinkedIn: https://www.linkedin.com/in/robert-adelson-b8a1557/
Twitter:  @AttorneyAdelson 

Two articles of mine, published since spring 2020, during the Covid-19/ coronavirus crisis, intended to aid executives facing issues related to the pandemic, that may interest you, are as follows:     

1. Working Remotely as a C-level Executive

Are you tempted by a C-level position in a company with great potential on the West Coast, in Texas or Upper Midwest, but don’t want to give up your home and uproot your family where you are living on the East Coast?  My article, published in October 2020, suggests negotiation strategies, in our new COVID world,  to build a comfort level with prospective employers, for those executives who would like to take up an executive employment opportunity as a remote CEO or C-level executive

Has a new employer cut your pay or reduced your duties due to COVID-19 disruptions to the company, or due to a non-COVID related loss of a key customer, loss of financing or other changed circumstances? My article published in May 2020, discusses how negotiating the right severance triggers in your job offer can protect you so you can move on and be made whole. 

To see my CEOWorld magazine article, go to LINK: https://ceoworld.biz/2020/05/27/triggering-executive-severance-to-protect-your-interests-in-case-of-covid-19-or-other-changed-circumstances/ 

Or on my website at https://www.executiveemploymentattorney.com/triggering-executive-severance-to-protect-your-interests-in-changed-circumstances/

101 Federal Street, Boston, MA and Attorney Robert Adelson

Employment, Tax, Contracts and Business Law Services for
• CEOs, C-Level and Senior Executives
•  Early Stage Companies and Entrepreneurs
• Consultants and Service Providers

*The photo on this holiday card, that of a female bluebird, photographed by Jerry Acton, also graced the cover of Bluebird, Journal of the North American Bluebird Society 2009-2010 Winter edition – https://www.jerryacton.com/Galleries/Published-Photos/i-Swrj6NW   Once again, thank you to Jerry for sharing his fine work – making this wonderful winter wildlife image available for all of us to enjoy in this holiday season!

Saturday, May 30, 2020

Triggering Executive Severance to Protect Your Interests in Case of COVID-19 or Other Changed Circumstances

Six days ago, on May 27, 2020, CEOWorld magazine published an article I wrote on “Triggering Executive Severance to Protect Your Interests in Case of COVID-19 or other Changed Circumstances”.  The magazine advised me that I can use “Featured in the CEOWORLD magazine” and the CEOWORLD “Logo” on my website.

This was my 28th article published in CEOWORLD. Earlier this year, the editor advised that I can add CEOWORLD magazine in my LinkedIn profile’s “Experience Section” as an “Opinion Columnist.” and authority in the field.  See https://ceoworld.biz/author/robert-adelson/

This article, my most recent, published May 27th, is designed for CEOs, C-level and senior executives, especially those who, once on the job, may find that their chances for success become daunting because changed circumstances beyond their control.  For many such executives, the severe economic downturn arising in connection with the COVID-19/coronavirus crisis may cause great reductions in expected base, bonus, equity and LTI compensation and reduced duties and responsibilities as well.​


ambitious executive

However, the article is not limited to COVID-19.  The article also discusses other circumstances where clients of the author have also experienced such negative effects, as result of dashed expectations, including where the executive accepted his or her job offer for a CEO, C-level or other senior executive position in reliance on any of these company actions:
  • Keeping a major customer account,
  • Retaining the services of a key man or woman executive,
  • Keeping or achieving regulatory approval,
  • Keeping or retaining a key source of funding,
  • Company possessing the positive financial position represented to you, a position on which you can build for growth.

The article then concludes with proactive steps the executive can take in your executive employment and job offer negotiations to protect yourself in the event of such changed circumstances in the future.  This includes the crafting of severance terms with triggers tailored to your situation in the event of dashed expectations. Thus, the executive would have an executive contract that provides that if circumstances change, such that the job is no longer what you bargained for, you can move on to a new opportunity and still be made whole as you do so.

To see my full CEOWorld magazine. article, go to LINK:
https://ceoworld.biz/2020/05/27/triggering-executive-severance-to-protect-your-interests-in-case-of-covid-19-or-other-changed-circumstances/

Or on my website at https://www.executiveemploymentattorney.com/triggering-executive-severance-to-protect-your-interests-in-changed-circumstances/

With more than 12.4+ million-page views, CEOWORLD magazine is the world’s leading business magazine written strictly for CEOs, CFOs, CIOs, CSOs, senior management executives, business leaders, and high net worth individuals worldwide.
https://www.linkedin.com/company/ceomagazine/

The editor has also advised that I can add CEOWORLD magazine in my LinkedIn profile’s “Experience Section” as an “Opinion Columnist.” and authority in the field.  See https://ceoworld.biz/author/robert-adelson/

It is my hope that this article will be helpful to suggest a potential remedy in job offer negotiations to CEOs, COOs, CMOs, other C-Level and senior executives who are considering a new executive position or giving up other opportunities, and, acting in reliance on the promises made by the employer, and seek protection against potential changed circumstances, whether from a pandemic, loss of a key customer, loss of key personnel, a negative regulatory ruling, loss of financing  or otherwise, so the executive can if that happens move and be made whole. If you or any colleague of yours has a need in this area, please do reach out to me at rob@attorneyadelson.com.