Executive Contracts

An executive contract for an association CEO is a cornerstone of effective governance and leadership.

This agreement defines the CEO’s responsibilities, performance expectations, and compensation, ensuring clarity and alignment between the CEO and board.

A well-crafted contract protects both parties by addressing key areas like term length, renewal processes, and termination clauses, reducing the risk of disputes. It also supports recruitment and retention by demonstrating organizational professionalism and offering competitive terms.

In the association sector, where stability and mission alignment are crucial, a robust executive contract establishes a foundation for success, fostering trust, transparency, and long-term collaboration.

Latest Resources

Template Chief Executive Employment Agreement

This is a basic, plain-English CEO employment agreement for a nonprofit organization or association. With relatively little modification, this form should suffice for...

Article Strategies for Negotiating Your CEO Contract

When you get an opportunity to step into the lead role at an association, negotiating a CEO contract has many moving pieces—from positioning...

Article Employment Contracts: Term, Termination and Compensation

Hiring a new executive, particularly a president or CEO, involves significant effort and resources. This article discusses essential elements of executive employment contracts:...

Powerpoint: Association CEO Employment Contracts

Jeffrey Tenenbaum (managing director, Tenenbaum Law Group) presentation during ASAE's 2020 Annual meeting on Association CEO Employment Contracts covers strategies for effective CEO...

Best Practices for Association CEO Employment Contracts

A well-drafted employment contract lays the foundation for a successful relationship between an association and its chief executive. Both parties should follow best...

Defining Termination for Cause in Executive Employment Agreements

When a board decides it must terminate a CEO’s employment, the terms of the executive’s employment agreement will dictate whether the association is...

Related Subtopics