Current issues include recent statutory, regulatory and legal developments, as well as certain shareholder and other economic trends in executive compensation that have risen to the top in the past two years. The not-so-obvious issues or “traps for the unwary” are based on various articles and seminars, as well as our collective drafting experience, where precise language or additional language will address issues that arise in the administration of both equity plans and phantom equity plans.
As a general disclaimer, the checklists, while thorough, do not address every drafting issue that can arise in all situations. In this regard, the authors welcome any and all suggestions for improvements, additions and corrections that you discover or that would make these checklists more complete and useful.