Terms of employment for the executive management are of significant importance for all companies.

Under Danish law, there is to a great extent freedom of contract when negotiating the terms of employment for the executive management. However, industry standards and sector regulation play a significant role, and specialized insights in executive employment are often required when companies employ their executive managers, and when the managers’ employments are terminated.

Damkjær Lauritzen renders legal advice on executive management in all industries, and we have considerable experience with drafting and negotiation executive service contracts, handling of executive’s ongoing employment as well as termination of executive managers. We assist companies, amongst other things with:

• Drafting and negotiation of executive service contracts for CEOs and other executives.
• Establishing share and cash-based incentive programs for the executive management.
• Handling of executive managers in case of a change of control.
• Dismissal (both contractual and summarily) of executive managers.
• Drafting and negotiation of severance agreements.