The “Money Terms” in a Typical Severance Agreement
/cdklawyers.com// 10/06/2012 Dallas employment lawyer Keith Clouse drafts and negotiates severance agreements and separation packages for senior executives and other high-level employees. Here, he discusses the “money terms” found in many severance agreements. 1. Severance payment: This is the dollar value the employee receives upon departure. A severance payment could be paid in a single […]
Dallas, Texas Employment Lawyer Discusses Executive Compensation
/cdklawyers.com// 05/19/2012 Top corporate officers command top pay from their employers, and these senior executives cannot trust inexperienced employment law counsel to represent their interests during negotiations over compensation issues. Keith Clouse, a Dallas, Texas employment lawyer, advises senior executives on employment law issues and drafts employment agreements and separation agreements for these clients. […]
Fifth Circuit Court of Appeals Addresses FLSA Issue
/cdklawyers.com// 01/08/2011 The Fifth Circuit Court of Appeals recently addressed an issue arising under the Fair Labor Standards Act. Martin v. PepsiAmericas, Inc., No. 09-60896 (5th Cir. Dec. 28, 2010), available at http://www.ca5.uscourts.gov/opinions/pub/09/09-60896-CV0.wpd.pdf. The plaintiff sued her former employer for unpaid overtime wages. The district court granted the employer’s motion to dismiss after finding that […]