Can a CEO contract include a non-compete clause?

Yes, a CEO contract can include non-compete and non-solicitation clauses to protect the company`s confidential information and prevent the CEO from engaging in competitive activities or soliciting employees or clients after their employment has ended. However, these clauses must be carefully drafted to be enforceable under the law. 7.

What if a CEO is terminated?

The CEO entitled base salary [Amount] year, payable accordance Company’s standard payroll practices. In addition, CEO eligible annual bonus amount determined Board Directors. 4. Termination The CEO’s employment terminated Company cause, defined Contract, CEO Good Reason, defined Contract.

What happens if the CEO leaves the hospital?

If the CEO continues to be employed by the Hospital or its successor organization, all of the terms and conditions of this Agreement shall remain in effect. The Hospital agrees that neither it nor its present or any future holding company shall enter into any agreement that would negate or contradict the provisions of this Agreement. 9.