Employment agreements for certain of Facebook's executives were filed by the company with the SEC as a part of its registration statement. This article reviews interesting provisions in the employment agreement of Facebook's Chief Operating Officer, Sheryl Sandberg, with a focus on the "Good Reason" provisions, which specifies when Ms. Sandberg can leave the company voluntarily without forfeiting benefits which would accrue to her should the company terminate her employment.
- Summary by FizzLaw Team
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"Good Reason" in Sheryl Sandberg's Employment Agreement with Facebook