Severance & Exits

If an employer wishes to part ways with a senior executive, it may initiate a discussion by offering a settlement agreement.

This is a mechanism whereby the employee waives any claims they may have in consideration for financial compensation. In order for such agreements to be legally binding, the individual is required to take legal advice on the terms and effect of the settlement agreement.

We are used to dealing with complex remuneration structures involving good and bad leaver status, including LTIPs, share options, RSUs, carried interest and complex bonus arrangements, and we will review the relevant circumstances to ascertain whether or not there are other potential grounds to negotiate for a higher financial settlement.

We are very experienced in engaging in robust negotiations to get our client the best deal possible.

Overview

Senior Executives

Businesses

Contact the team

Contact our team

Phone: +44 (0)20 7691 400

Email: enquiries@edwincoe.com

Experience:

Acting for a global head of data science at an international investment company, advising on an exit strategy in connection with a merger and reorganisation. Achieved a substantial six-figure severance package.

Acting for a director of an investment management company in relation to severance negotiations in the context of a merger and reorganisation. Achieved a substantial six-figure severance package.

Acting for the chief executive of a bank (FCA, SM&CR). Advising on exit, including in relation to an unapproved share option plan and various employee benefit trust interests. Achieved a seven-figure severance package.

Acting for the managing director of a household name food outlet in severance negotiations in the context of a redundancy. Achieved a substantial six-figure severance package.

Acting for CEO of technology business in exit negotiations including advice on sweet equity and institutional strip buy out. Secured substantial seven-figure investment interests.

Acting for global VP in financial technology and payments service company in purported redundancy. Securing substantial six-figure settlement.

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Our Team