Breach of Executive Compensation Agreements or Professional Service Agreements

Breach of Executive Compensation Agreements or Professional Service Agreements

Professional service agreements are contracts between a service provider and a client that outline the terms and conditions of the services to be provided. These typically arise between a company and its executive team or between a professional practice and professional service providers. Breaches of professional service agreements can occur when one party fails to fulfill its obligations under the contract. Some of the most common breaches of professional service agreements include:

1. Failure to provide services as specified in the agreement: This can include failing to meet deadlines, providing substandard work, or not completing the work at all.
2. Breach of confidentiality: Professional service agreements often include provisions that require the service provider to maintain the confidentiality of the client’s information. Breaching this provision can result in legal action being taken against the service provider.
3. Failure to meet performance standards: Some professional service agreements specify performance standards that must be met by the service provider. If these standards are not met, it can be considered a breach of the agreement.
4. Unauthorized use of intellectual property: If a service provider uses a client’s intellectual property, such as trademarks or copyrights, without permission, it can be considered a breach of the professional service agreement.
5. Inaccurate representation of qualifications: If a service provider misrepresents their qualifications or experience in order to secure a contract, it can be considered a breach of the professional service agreement.

We are well versed in representing companies, executives, and professionals in breach of professional service agreements. If you have been accused of a breach of a professional service agreement or if another is in breach of such an agreement with you, we can help.