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Overview of Changes to California Rules Relating to Equity Compensation Plans
Jones Day 
Sept. 14, 2007
Excerpt: On July 9, 2007, the California Corporations Commissioner (the 'Commissioner') approved, effective immediately, changes to regulations relating to compensatory benefit plans. These regulations apply to offers and sales of securities to employees, officers, directors, consultants, and certain other advisors in California by privately held companies, public companies not listed on a nationally recognized stock exchange, and foreign private issuers.
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