NASPP - Orange County Chapter Event

When

Thursday September 12, 2013 from 11:30 AM to 1:00 PM PDT
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Where

First American
First American Way
Santa Ana, CA 92707

Driving Directions

Contact

Jeannette Wheeler
NASPP - Orange County Chapter
619-309-6878
ocnaspp@gmail.com

Is Silence the Answer? Acceptance of Award Agreements

With award agreements frequently including important terms and covenants (such as clawbacks, non-competes and non-solicitation provisions), companies are increasingly requiring employees to formally accept grant agreements. This is especially true - and uniquely challenging - for restricted stock unit grants, where no employee action is required to obtain the stock upon vesting. This panel will highlight various solutions to the administrative challenges of requiring award acceptance and provide attendees with the tools to evaluate which is the right approach for their companies. They will cover the U.S. and non-U.S. tax and legal
implications of acceptances in various forms.

Among many other topics, this program will cover:

Why grant acceptance is important and the risks of not requiring
acceptance
Why the grant acceptance enforcement policy you use for your stock
option program doesn't work for restricted stock units
Various solutions for enforcing an acceptance requirement and
related accounting tax and/or legal considerations
Why a one size fits all approach is problematic

Please join us on Thursday, September 12th for a lively discussion with Valerie Diamond and Barbara Klementz from Baker & McKenzie on the best practices involving grant acceptance.

(1) CEP Credit

(1) CLE Credit
Approved for 1.0 California general CLE credits, 1.0 Illinois general CLE credits, 1.0 New York general CLE credits, and 1.0 Texas general CLE credits. Florida and Virginia CLE applications can be made upon request.
Participants requesting CLE for other states will receive Uniform CLE Certificates. Baker & McKenzie LLP is a California and Illinois CLE approved provider. Baker & McKenzie LLP has been certified by the New York
State CLE Board as an accredited provider in the state of New York for the period 12/12/12-12/11/15. This non-transitional program is not appropriate for newly admitted New York attorneys. Baker & McKenzie LLP is an accredited sponsor, approved by the State Bar of Texas, Committee on MCLE

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