This 90-minute webinar will provide practical tips on how you can develop and implement Golden Parachute Agreements that fulfill tax code and federal securities law requirements, pass investor and media scrutiny, and avoid potentially high stakes litigation.
This session will show how careful drafting and tax planning of golden parachute plans and agreements can help avoid undue scrutiny and criticism, that will benefit both the company and the covered executive. At the end of this training, participants will have gained the knowledge and understanding necessary to develop and implement golden parachute agreements and provisions that are more acceptable to the Government, investors, buyers, the media and others.
Why Should You Attend:
Change in control agreements between companies and executives, so-called “golden parachute agreements,” have become a ubiquitous part of the executive compensation scene for both public and privately held companies. However, tax code and federal securities law requirements, investor and media scrutiny, and potentially high stakes litigation make the development and implementation of golden parachute plans and agreements one of the most important parts of the compensation process.This session will show how careful drafting and tax planning of golden parachute plans and agreements can help avoid undue scrutiny and criticism, that will benefit both the company and the covered executive. At the end of this training, participants will have gained the knowledge and understanding necessary to develop and implement golden parachute agreements and provisions that are more acceptable to the Government, investors, buyers, the media and others.
Areas Covered in the Seminar:
- Code Sec. 280G and Code Sec. 4999.
- Compensation Paid as a Result of a Change in Control.
- Calculating the Excess Parachute Payment Amount.
- The Exception for S Corporations and Small-Business Corporations.
- Design Features and Typical Provisions.
- Code Sec. 409A.
- Caps, Gross-Ups and Other Parachute Agreement Terms.
- Litigation Over Change in Control Agreements.
Who Will Benefit:
This webinar will provide valuable assistance to:- Human resources professionals
- Executive compensation, tax and federal securities law professionals
- Attorneys working in labor and employment, executive compensation, tax or federal securities law
- In-House Counsel
- Members of the compensation committee of a board of directors
- Executives and other employees covered by a golden parachute agreement
Course Provider
Michael Melbinger,
