Commercial Advice for Directors banner

Individuals

Home / Individuals / Employment Law for Senior Executives / Commercial Advice for Directors

Commercial Advice for Directors

At TSP, we understand the unique challenges and pressures that directors and senior executives face.

Our aim is to provide comprehensive and commercial employment law support and solutions that address the specific needs of those at the helm of companies.

How can we help you?

Directors and senior executives have enough to manage without worrying about the legal intricacies of their employment status or potential disputes. Let us take that burden off your shoulders. The Employment team at Thompson Smith and Puxon is more than just a legal service provider; we’re your partner in navigating the complexities of senior-level employment matters. We can advise you on a wide range of employment issues, including employment contracts, contractual disputes arising from matters such as restrictive covenants and settlement agreements.

Tailored Executive Contracts

Crafting the perfect employment contract is crucial for senior individuals, especially directors. Unlike standard employment contracts, service agreements for directors incorporate extensive details, including directors’ duties and, potentially, provisions for share plans. These documents are not only more complex but also subject to negotiations far more frequently than those of junior staff.

At TSP we specialise in drafting these intricate service agreements, ensuring they align with your role’s demands and the company’s expectations. Whether it’s incorporating critical responsibilities or negotiating terms that benefit you, we’re here to ensure your contract serves your interests.

Navigating Contractual Disputes

Disputes, especially those involving restrictive covenant claims in the High Court, can be stressful and complex. A breach of these covenants often leads to significant contractual disputes due to their critical role in safeguarding a company’s interests. Our team is well-versed in the intricacies of such claims, providing the guidance and representation needed to navigate these challenges effectively.

We support you from the outset, offering expertise in arguing the enforceability of restrictive covenants, defending injunctions and negotiating on your behalf.

Settlement Agreements

Whether you’re contemplating an exit from a role like CEO or CFO or simply looking to ensure your interests are protected, drafting a sound settlement agreement is essential. These agreements not only conclude your current employment terms but also lay the groundwork for your next steps.

At TSP we review draft settlement agreements to ensure that they reflect your needs and protect your future, with the aim of achieving a profitable and fair conclusion to your tenure. We start by thoroughly reviewing your employment contract along with any supplementary documents, like share plans or bonus schemes. Then, we take a close look at the draft settlement agreement prepared by your employer. Our goal is to make sure that you’re not just getting what you’re entitled to but that you’re getting the best possible outcome. Once everything is in order, we’ll complete our Advisor’s Certificate to solidify a valid and beneficial agreement for you.

Should any issues arise from a settlement agreement not being honoured, we’re here to assist with subsequent claims, providing peace of mind during transitions.

Ready to discuss your needs? Contact us today, and let’s make sure your employment matters are handled with the care and expertise they deserve.

Our Employment Law Fees

Before we start working on your case, we will provide a quote. The quote will be based on your circumstances and will reflect the complexity of your case. You can also ask us about further information on the costs of an employment tribunal.

Contact our Solicitors in Colchester or Clacton

We’re here to help. Get in touch or contact one of our offices: