Partner and Global Head of White & Case's Employment, Compensation & Benefits Practice, Henrik Patel, and Counsel Kenneth R. Barr have co-authored sample Employee Memorandums titled "Explanation of Equity Award Treatment in Spin-Off (Parent Employees)" and "Explanation of Equity Award Treatment in Spin-Off (Spinco Employees)," both published by Lexis Practice Advisor.
The first sample form outlines the treatment of outstanding equity awards held by employees in connection with a spin-off of a subsidiary from a parent company for employees who will continue to provide services to the parent post-transaction. To download a PDF of this Employee Memorandum, click here.
This second sample form outlines the treatment of outstanding equity awards held by employees will provide services to the spun-off company post-transaction. To download a PDF of this Employee Memorandum, click here.
White & Case's Global Employment, Compensation & Benefits lawyers advise across the full spectrum of employment, compensation and benefits issues, including advisory and transactional, contentious and non-contentious.
Reproduced with permission from LexisNexis. For further information, please visit:
https://www.lexisnexis.com/en-us/products/lexis-practice-advisor.page
This publication is provided for your convenience and does not constitute legal advice. This publication is protected by copyright.
