The Wisconsin Amendment to Section 5c of an Employment Agreement refers to a specific provision in the contract between a company and its CEO, outlining the terms and conditions related to working in the state of Wisconsin. Key phrases: Wisconsin Amendment, Section 5c, Employment Agreement, company, CEO In Wisconsin, employment agreements are legally binding documents that protect the rights and establish obligations for both employers and employees. However, certain amendments to these agreements may be necessary to comply with state-specific laws and regulations. Specifically, Section 5c of the agreement focuses on provisions that apply solely to the state of Wisconsin. The Wisconsin Amendment to Section 5c of an Employment Agreement is a modification added to the original agreement between the company and its CEO. This amendment ensures that the contract conforms to the unique employment laws and regulations of the state, providing clarity and protection for both parties involved. Common types of Wisconsin Amendments to Section 5c of Employment Agreements include: 1. Wisconsin Non-Compete Amendment: This amendment restricts the CEO from engaging in competitive activities within Wisconsin for a specified period after employment termination. It aims to safeguard the company's trade secrets and proprietary information while maintaining a fair landscape for competition. 2. Wisconsin Severance Pay Amendment: This amendment outlines the CEO's entitlement to severance pay in case of a termination without cause, as required by Wisconsin employment law. It defines the payout structure and conditions, ensuring that the CEO receives fair compensation following their departure. 3. Wisconsin Arbitration Agreement Amendment: In this amendment, the company and CEO mutually agree to resolve any disputes arising from the agreement through arbitration, as dictated by Wisconsin law. It establishes the procedures and rules for resolving conflicts outside the court system. These are just a few examples of the various types of Wisconsin Amendments to Section 5c of Employment Agreements. The content and structure of these amendments will vary depending on the unique needs and circumstances of the company and CEO involved. It is crucial for both parties to carefully review and understand the Wisconsin Amendment to Section 5c of an Employment Agreement, ensuring compliance with state laws, protecting their rights, and fostering a productive and transparent working relationship. To gain a comprehensive understanding of the specific provisions and obligations outlined in the amendment, it is advisable to review the actual copy of the agreement between the company and CEO.