Executive Compensation

Compensation arrangements for executives and key employees are critical to a business’s success. These programs come in a wide variety of forms and come with severe penalties if they do not comply with the tax laws. Our team understands how executive compensation impacts the business and can help navigate the laws to provide a meaningful and effective compensation arrangement to your executives and key employees. Services to enhance your compensation arrangements include:

• Drafting and negotiation of employment agreements
• Severance plans and agreements
• Change in control arrangements 
• Retention incentives
• Restricted and unrestricted stock plans
• Nonqualified and Incentive Stock Options
• Employee Stock Purchase Plans
• Providing practical advice on compensation arrangements to avoid costly errors
• Assisting with the selection or expansion of compensation arrangement options
• Proper reporting of all forms of compensation

The consequences of incorrect design or administration of compensation programs can be very costly. When an error occurs, we provide clear, understandable, and practical advice to help our clients efficiently resolve the situation, including:

• Correcting plan documentation or operational errors
• Responding to participant inquiries and claims
• Remedying reporting errors
• Preparing for and responding to Internal Revenue Service audits

Areas in which we can help you add value to your executive compensation arrangements: 
Employment agreements, severance arrangements, retention agreements, stock-based compensation, LLC profits interest plans, tax reporting, and compliance.