Free Executive Employment Term Sheet Generator
For hiring a senior executive. Covers salary, bonus, equity and vesting, change in control, severance, good reason, and covenants. Fill in the terms on the left. Your term sheet updates on the right. Download it as a Word file when you're done.
Before you use this: Employment law varies by state, especially for non-competes, bonus repayment, and contractor status. Have an employment attorney review before sending.
What this template covers
- Company
- Executive
- Position
- Base salary
- Annual bonus
- Signing bonus
- Equity
- Change in control
- Severance
- Good reason
Paragraphs marked binding, such as confidentiality and exclusivity, are meant to be enforceable. Everything else is non-binding. The example terms are only examples. Replace them with your deal. Use the × next to any term to remove it, or add your own terms at the bottom of the form.
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