To see my full CEOWorld magazine. article, go to LINK: ceoworld.biz/2019/04/26/negotiating-executive-retention-agreement-terms-to-protect-your-interests/Or on my website www.executiveemploymentattorney.com/executive-retention-agreement/ With more than 12.4 million page views, CEOWORLD magazine is the world`s leading business magazine, written exclusively for CEOs, CFOs, CIOS, executives and wealthy individuals. Robert A. Adelson, Esq. is the economic and tax lawyer and partner of Engel-Schultz LLP in Boston, MA. He has an advanced LLM degree in tax law from NYU and has represented for more than 20 years CEO, C-Suite and senior executives throughout the country in senior executive employment, including stock terms, executive compensation package, compensation agreement, change of control, restrictive agreements and other important executive issues. Use both sides and the best positioning to move around looking for these items, your presentation should be an analysis of the total cost of your storage lot and a demonstration of how this package is a fraction of the economic benefit that the company is likely to deduct if the package is offered and accepted, how the company can keep your services in question over critical time. In these situations, employers who want to ensure the continued loyalty and commitment of the executive and who believe it is in the best interests of their company and shareholders will provide more incentive for the executive to continue its work. Such agreements ensure that management continues to maximize the value of the company instead of focusing on the potential loss of its position. Motivation usually lies in the form of bonus pay, severance pay or both, as well as a benefit that is deemed necessary by the employer to retain the manager. We understand the ins and outs and bargaining points of different types of one-hour executive agreements, including changes to control agreements, employment contracts, severance pay, deferred compensation contracts and retention agreements. Such provisions are sometimes referred to as “golden parachutes” because they protect executives leaving the company.