Icahn Enterprises Employment Agreement with Top Executive Highlights Measures Hedge Fund Managers Can Take to Retain and Incentivize Top Talent

Most hedge fund managers would agree that their most valuable asset is their talent.  Not surprisingly, therefore, managers spend significant time and effort trying to incentivize and retain key employees.  As in other areas of law and business, precedent is a helpful guide – especially precedent created and used by people at the top of the field.  Employment agreements used by top managers can be enlightening benchmarks when structuring compensation, retention mechanisms and similar provisions.  The problem is, such employment agreements are hard to get a hold of – except when they are publicly filed.

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