Iger’s Disney Employment Contract

• Posted by Geoffrey G. Gussis on October 19th, 2005


• Filed in Corporate/M&A

Looks like the Disney decision has had an impact on Disney’s employment contract drafting practices, as the Business Law Prof Blog points out:

"In a recent SEC filing, Disney
disclosed that the employment contract of Bob Iger, its new CEO, provides that
Iger can be terminated for cause if he, among other things, fails “to cooperate
… with any investigation or inquiry into his or the Company’s business
practices … including … Executive’s refusal to be deposed or to provide
testimony at any trial or inquiry.”

Link: Business Law Prof Blog: Iger’s Disney Employment Contract.