This form is an executive employment agreement between a single employer and an executive and is drafted from the perspective of an executive hire with ample negotiation leverage and containing more executive-friendly provisions. This template includes practical guidance, drafting notes, and alternate and optional clauses. This template is non-jurisdictional and should be tailored to suit the relevant circumstances, including consideration of state or local employment law issues. Unlike a pro-employer executive employer agreement, this agreement does not bind the executive to arbitration and does not contain pro-employer restrictive covenants on the executive, such as non-solicitation, non-competition, non-disclosure, non-disparagement, and proprietary information restrictive covenants. Rather, it includes an employee-friendly definition of Good Reason, relatively generous severance and change-in-control severance terms, executive-friendly indemnification rights, and other special ...