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Impact of the Emergency Economic Stabilization Act of 2008 on Executive Compensation Design (PDF)
Womble Carlyle
[Guidance Overview] Oct. 8, 2008
2 pages. Excerpt: The EESA executive compensation restrictions are noteworthy in part because they restrict certain elements of executive compensation design, as opposed to just imposing federal tax consequences for certain types of compensation. The scope of the EESA executive compensation restrictions depends on how the troubled assets are sold to the Treasury: through market mechanisms such as auctions or reverse auctions, or via direct purchases. The remainder of this client alert summarizes EESA's executive compensation provisions.
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