EXECUTIVE COMPENSATION PRACTICE
The executive compensation practice at Kelly, Hannaford, and Battles, P.A. is handled primarily by the firm’s founder, Dave Kelly, who has over 30 years of experience in executive compensation matters, and by John Haine, who has handled stock option and executive deferred compensation matters for some of the Midwest’s largest companies.
Dave has worked for many years for privately-owned employers on executive long-term incentive plans that provide benefits similar to public company stock options, but do not use real stock. John is active in the National Association of Stock Plan Professionals and has spoken at three of the NASPP’s annual conferences on stock compensation issues. Both have extensive experience representing public company employers in connection with stock options and other stock-based benefits.
Specific subject areas in which our attorneys have significant experience include:
Non-Qualified Deferred Compensation
• Voluntary Deferral Plans
• Restricted Stock Units
• Phantom Stock
• Supplemental Executive Retirement Plans (“SERPs”)
Stock-Based Compensation
• Stock Options
• Restricted Stock
• Stock Appreciation Rights
• Employee Stock Purchase Plans (“ESPPs”)
Incentive Plans
• Annual Bonus Plans
• Multi-year Performance-Based Incentive Plans
Individual Executive Employment Agreements
Qualified Supplemental Retirement Plan or “QSERP” Arrangements
Handling Executive Benefits in Mergers and Acquisitions
We take particular pride in the following recent projects which we feel were particularly helpful to clients:
• Helping a Twin Cities based private company restructure its executive benefit arrangements in connection with a change in ownership.
• Helping a large public company draft and implement a restated omnibus stock compensation plan that takes into account the current regulatory and investor environment and allows substantial flexibility in awarding different types of stock-based compensation.
• Helping several clients comply with the new deferred compensation requirements of the American Jobs Creation Act of 2004.
INFORMATION ABOUT OUR FEES
