Skip to main content

Before Signing an Employment Contract

By Arthur L. Herold Before associations acquire, merge or enter into any other business transaction with another organization, they usually engage in an extensive “due diligence” review of the other organization. This entails examining the books and records in order to avoid unpleasant surprises after the consummation of the business transaction before signing a definitive agreement. Incoming execs should conduct a similar due diligence before signing an employment contract. A detailed listing of topics to cover in such due diligence review is available online from CEO Update, but this article will examine in more detail several of the topics listed therein. Despite the… Read More