These plans range from outright sales of stock or stock options at below-market prices, allowing employees to participate in both management and the economic interests in the business, to grants of non-voting stock allowing employees to participate in only the economic success of the business. These plans are typically supplemented by a Shareholders Agreement which provides for the repurchase or cancellation of the stock or options upon the termination of employment.
Our corporate attorneys work closely with both our tax attorneys and employment attorneys to minimize taxes for the business, business owner and the employees, as well as to properly structure the plan in order to avoid disputes with current or former employees.
We also assist employees in connection with negotiating equity compensation agreements when joining a new employer.
Recent engagements include: