Retaining valuable executives can significantly affect business growth and stability. Effectively designed executive compensation programs are an important feature in a company’s ability to recruit, reward and maintain senior managers and key personnel. HBL designs executive compensation programs that are practical, cost-efficient and tailored to satisfy your business’s unique characteristics.
Because of the lack of a public market for their securities, closely held companies face a unique set of challenges and requirements. HBL provides equity and executive compensation guidance, advice and assistance to both privately held and public companies. Additionally, we work with senior level management and key personnel to design customized employment and separation agreements and assist clients with Internal Revenue Code Section 409A compliance.
HBL provides legal compliance guidance (including plan design, drafting, implementation, administration and maintenance) for the following executive compensation arrangements:
- Equity incentive plans
- Top hat plan filings
- Stock award agreements
- 280G golden parachute payments
- Employment agreements
- Section 162 executive bonus plan agreements