• Posted

We helped the chairman of a technology company on the exiting of their CEO who was seriously underperforming, such that the company had been forced to shed a third of the workforce.

We assisted in the drafting of a suspension letter, a detailed disciplinary case, the rebuttal of a grievance and worked on securing occupational health advice as the CEO then took sick leave but failed to submit medical certificates. We then drafted and negotiated compromise agreement terms to include the preparation of a share buy back agreement, deed of waiver of rights under a share option scheme, resignations from directorships and all appropriate board resolutions.