Stevens & Lee has substantial experience developing and implementing compensation arrangements designed to attract, retain and motivate C-level executive talent. We handle the full spectrum of benefit, compensation and incentive arrangements for corporate executives and directors. We have assisted numerous employers in restructuring their executive compensation programs to comply with the new rules under Code Section 409A. We also address the issues that arise under a wide variety of other compensation arrangements, including employment contracts, golden parachute agreements, performance based incentive plans and transportation on employer provided aircraft. We have the in-house skills to provide our clients with detailed numeric analyses of the economic consequences of executive employment and change in control arrangements with an emphasis on analyzing golden parachute (280G) implications and post-termination obligations.
We frequently advise and create equity based programs, including statutory and non-statutory stock options, restricted stock, stock appreciation rights and hypothetical investment rights, such as phantom stock and restricted stock units. In addition, we assist clients in resolving the difficult issues that arise as they seek to provide equity compensation to employees and partners of limited liability companies.
We have extensive experience developing executive compensation arrangements for Code Section 501(c)(3) organizations and other tax-exempt employers. We routinely advise tax exempt employers on prohibited transactions, private benefit and inurement issues, intermediate sanctions, Code Section 457 plans and other deferred compensation arrangements, as well as public disclosure concerning executive and director compensation.