EXECUTIVE COMPENSATION & EMPLOYMENT AGREEMENTS
Executive compensation and employment agreements are legally complex. The manner in which these agreements are structured can carry major business and tax implications for both the employer and the executive employee. At Underberg & Kessler, we have a team of attorneys in Rochester, Buffalo, Canandaigua, and Geneseo who are experienced in these executive compensation and agreement matters. We have experience assisting both executives and employers in these matters. Our attorneys will guide you throughout the process, drafting agreements for the employer, or reviewing them for the executive.
Considerations For The Employer:
What Do I Need to Know?
When structuring and drafting these agreements, our attorneys will align the agreements with the employer’s goals. We have the capabilities of assisting the process by offering the following legal services:
Drafting compensation plans for executives
Drafting of employment agreements for executives and other employees
Structuring of severance clauses including golden parachute considerations
Structuring of bonus clauses and deferred compensation
Structuring equity incentives including incentive stock options, non-qualified options, and restricted stock
Tax compliance matters
Considerations For The Executive Employee:
What Do I Need to Know?
It is wise to have agreements of such importance reviewed by an attorney well versed in these matters. Legal services our experienced team of attorneys offer include:
Section 83 tax planning
Review and negotiation of executive employment and compensation agreements
Explaining stock compensation issues
Negotiation of covenant not to compete and severance arrangements
Tax compliance matters
Executive Compensation & Employment Agreements Experience
Our Experience in Western, NY and Beyond
•Represented the CEO of a private equity backed company in negotiating new compensation and severance terms and documenting those terms in a new employment agreement.
•Represented the CIO of a technology company in negotiating the terms of a severance plan that would come into effect if there was ever a change in control transaction involving the employer.
•Represented numerous companies in structuring and documenting employee stock incentive plans, including incentive stock options, nonqualified stock options and restricted stock.
•Represented companies in drafting and implementing phantom stock plans to provide equity like incentives to key employees.
•We have assisted both executives and employers in negotiating separation agreements upon termination of the employment relationship, that balance severance payments with confidentiality obligations, covenants not to compete or non-solicitation and non-disparagement provision.
OUR EXECUTIVE COMPENSATION &
EMPLOYMENT AGREEMENT ATTORNEYS:
To learn more about our individual attorneys, please click on their picture to view their biography:
Steven R. Gersz
Rochester, NY
Paul F. Keneally
Rochester, NY
Helen A. Zamboni
Rochester, NY