13 pages. Excerpt: As widely publicized, EESA contains limits on executive compensation for financial institutions that participate in the Troubled Asset Relief Program (TARP). Depending on the type and level of participation by the financial institution, these limitations include prohibition of incentives that encourage 'unnecessary and excessive risks'; substantial new limits on tax deductibility; prohibition of certain severance payments; new excise taxes and loss of deduction on 'golden parachute' payments; and 'clawback' provisions to recoup incentive compensation paid based on inaccurate financial criteria.  MORE >>