Employment Agreements for Real Estate Company

The Challenge

The client sought employment agreements that clearly outlined compensation structures, job responsibilities, exclusivity requirements, and termination rights for newly hired management personnel.

Because the company operated within the real estate development and construction industry, protecting confidential business information and minimizing the risk of future employment disputes were also important priorities.

The Solution

Nochumson P.C. worked closely with the client to identify the operational and legal issues most important to the business before preparing customized employment agreements for the management team.

The agreements addressed compensation expectations, including bonus structures tied to annual net profits, while also defining job responsibilities and exclusivity obligations during employment.

To protect the client’s business interests, the agreements included confidentiality provisions, injunctive relief language, mandatory arbitration requirements, and provisions allowing recovery of legal fees and costs in the event of a successful dispute resolution proceeding.

Employment agreements for management personnel often address compensation structures, confidentiality protections, dispute resolution procedures, and operational expectations specific to the employer’s industry.

The Results

Nochumson P.C. successfully prepared employment agreements tailored to the client’s management expansion efforts and operational needs.

The agreements provided the company with contractual protections related to compensation, confidentiality, dispute resolution, and employment expectations for its newly hired leadership personnel.