Bates & Company, Inc.
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Compass
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Regional Vice President of Sales The Retirement Plan Company
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Do You Need Shareholder Approval for Your Incentive Plan in 2014?
Buchanan Ingersoll & Rooney PC [Guidance Overview] Feb. 10, 2014
"If the corporation's equity or annual incentive plan was last approved by shareholders in 2009, the plan(s) must be submitted to the shareholders for re-approval in 2014 in order to ensure that future awards qualify as performance-based compensation under Section 162(m).... Corporations should carefully review their proxy disclosures to ensure that they do not suggest or imply that the corporation's plan and awards will qualify as performance-based compensation under Section 162(m).... [C]orporations should establish and/or update grant procedures to ensure that awards are made in compliance with the plan's terms and that award limits are properly monitored."
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