Incoming executive review
Your new contract read before you sign it, with the exit terms in view. The best time to agree how a role ends is before it starts.
Change of control. A sale or merger that moves control of the business to someone else.
Who it is for
Executives about to accept a senior role in a Malta-based business, including roles that need MGA or MFSA approval.
The problem
Offers come with momentum, and termination, change of control and covenant terms are rarely the focus. Once you have started, they are hard to change.
What it covers
- Contract
- Duties, reporting line, pay, notice and the terms that let either side end the role.
- Incentive plans
- Bonus, share and option plan rules, including vesting, malus and clawback.
- Restrictive covenants
- What you would be barred from doing after you leave, and for how long.
- Termination terms
- Notice, garden leave, pay in lieu, and how you would be treated as a leaver.
- Change of control
- What happens to your role and your awards if the business is sold or merged.
- How the exit would look
- A plain account of how the role would end under these terms, before you sign them.
Common questions are answered in the FAQs.
How it runs
Usually one review and one video call, documents by email.
- 1.
Documents
You send the offer, the draft contract and any plan rules by email.
- 2.
Review
I read them together, with the exit in view.
Good leaver and bad leaver. Plan terms that decide what you keep of unvested awards when you leave.
- 3.
Call
A video call to go through what the terms mean for you.
- 4.
Points to raise
A short list of changes worth asking for, in order of priority. I can raise them for you if you prefer.
Next step
Send a short message with the role, the timetable and any deadline for accepting.