DealLawyers.com Blog

On TheCorporateCounsel.net, I have been blogging a bit on the SEC’s upcoming executive compensation proposals, which will be voted upon next Tuesday. Here is a snippet from Mark Borge’s “Compensation Disclosure Blog” on CompensationStandards.com:

“Executive severance benefits, whether triggered by termination of employment or a change in control, may receive their own table. The WSJ indicates that companies will be required to specify a dollar figure for each named executive officer. Here, the demon is in the details – which we won’t know until next week. Depending on what the SEC expects, this disclosure could pose a real challenge for companies (for example, if an executive is entitled to a tax gross-up, will the company be required to estimate the amount of this payment?).”