Excerpt: A corporation that wishes to preserve the deductibility of the compensation it pays to senior executives may need to consider changes to it plans and agreements. Among the plans and agreements that corporations should review with counsel are the following: Annual cash incentive plans,Long-term cash incentive plans, Equity incentive plans, Employment agreements, Change in control and severance agreements, Equity award agreements, particularly those for performance shares, restricted stock with performance vesting criteria and restricted stock units, and Other performance awards.  MORE >>