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Equity Award Delegations in Delaware

CompensationStandards.com

Oct. 30, 2023
On-Demand
Podcast

Topics covered:

The differing requirements for option/RSU and restricted stock award delegations in Delaware before the 2022 DGCL amendments
The welcome changes to the DGCL in August 2022
How the further amendments in 2023 addressed interpretive issues
Remaining areas of ambiguity
Best practices for equity award delegations, documentation and recordkeeping
Avoiding the constraints of Sections 152 or 157 by delegating to a one-member board committee