Executive Compensation & ERISA
You put your business in their hands. They put their future in yours. No wonder the rules are complicated.
Brown Rudnick’s ERISA & Executive Compensation Practice Group advises clients – including public companies, private companies, tax-exempt organizations, compensation committees, boards of directors or trustees, private equity and venture capital funds, executives, employees and independent contractors, creditors' committees for companies in bankruptcy, investment and administrative committees for 403(b), 401(k) and other qualified retirement plans and governmental entities – on the many issues they face in structuring compensation and benefits arrangements, complying with legal applicable requirements and of course, achieving their business objectives. Our approach is decidedly client-centric and practical.
We have substantial experience with retirement plans (both qualified and non-qualified), as well as health and welfare benefit arrangements. We help advise on, and develop compensation and benefit plans and programs in connection with corporate transactions, including mergers and acquisitions for both publicly traded and privately held businesses.
Typical matters on which we work include the drafting of stock option, restricted stock, partnership interest and other equity or equity-based compensation plans, the structuring and negotiation of executive employment, severance, change in control and bonus agreements and arrangements, mitigation strategies with respect to multiemployer pension plan withdrawal liability, compliance with federal securities laws applicable to public companies, including the SEC’s proxy rules and the Dodd-Frank Act, and counseling with respect to best practices for discharging fiduciary duties under ERISA and, in the case of corporate directors, applicable state law with respect to executive and equity compensation and bonuses.