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CSB Avocats · Paris
Companies

Departures of executives and management team members

Legal preparation, announcement planning and discussions between advisers.

Meeting table and room

Review before proceedings begin

CSB Avocats advises companies on the preparation and management of executive departures. It reviews the role, contract and amendments, any corporate offices, remuneration, delegated authority and equity incentive documents.

This review identifies facts requiring support, available procedures and corporate decisions to coordinate with the employment aspects. The timetable reflects those findings and the particular constraints of the matter.

Preparing the announcement

The announcement is a distinct stage from any procedure that may follow. The firm works with management on the conduct of the meeting and the information that may be communicated at that point.

It prepares talking points for the company executive or other person leading the discussion. These address the topics to cover, likely questions and wording to avoid so that a decision is not prejudged where it must follow a prescribed procedure.

Communications to teams and management bodies are also reviewed where included in the engagement.

Negotiations and documents

Where a negotiated resolution is sought, CSB Avocats conducts discussions with the executive’s legal adviser. Negotiations may address timing, financial terms, deferred remuneration, non-compete obligations, duties until departure and communications.

The firm coordinates employment negotiations with the corporate decisions needed for the office held and equity incentives. It prepares employment documents and, where litigation follows, the company’s defence.