On May 24, 2012, Morgan Lewis presented the third installment in the 409A Basics Webinar Series, which centered on managing 409A issues in change-of-control transactions.
Topics discussed included:
- Transaction structure: due diligence, representations and warranties, business risks, and 409A compliance
- Typical 409A arrangements: equity, severance, change of control, and deferred compensation plans
- Restructuring deferred compensation arrangements: key terms, payment acceleration, and delay limitations
- Stock rights considerations: assumptions, adjustments, and exchanges for other compensation