So, make sure they are in agreement and vested before forcing a contract on them.
If the option does not vest, Rodriguez's contract calls for a $3.5 million buyout.
Mets closer Francisco Rodriguez closed it out in the ninth for his 23rd save and 34th game finished, leaving him on pace for 62 games finished, seven more than he needs to vest his $17.5 million contract option for 2012.
NASA, for example, uses a professional cadre of armed, highly trained contracted security personnel vested with arrest authority to protect its space centers, as does the State Department to guard embassies.
The lesson learned is that anyone taking options for a pay cut should try for a contract that makes one automatically vested in the event of termination or acquisition.
Although Pierce was the only partner who received a five-year guarantee, about fifteen key revenue producers got contracts for "target" compensation that vested after three years if they remained at the firm.
Military commanders should be vested with greater authority to supervise and discipline noncompliant contract personnel.
A Solicitor Agent is NOT vested in their business...These Solicitor Agents have no vested interest in the work they do and make 1/2-1/4 the commissions an Agent with a direct contract would make.
Unlike private companies, which have often renegotiated labor contracts in bankruptcy, few municipalities have sought bankruptcy protection and used it to reduce vested pensions.
So what Equidate has done is that they've created contracts tied to the value of an employee's shares, which have to be vested and owned by them.
Under the terms of his contract with Citigroup, compensation worth as much as $500,000 that had been previously granted to him but had not yet vested was awarded to him because he left the firm for a senior government position.
