November 16, 2007

2 Examples From Good Presidential Contracts

A well-worded presidential contract can help prevent disagreements over such issues as deferred compensation and seats on corporate boards. Here are two examples of passages in such contracts.

CORPORATE BOARDS

Taken from the employment agreement of Judy L. Genshaft, president of the University of South Florida, under the heading "best efforts as president":

"The university recognizes that it is both appropriate and beneficial for the president to engage in outside

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