Practice Areas

Compensation and retention of executives and other employees are crucial parts of every employer's business strategy. We advise a wide range of private and publicly held clients, including tax-exempt entities, with respect to their employee benefit plans and executive compensation and employment arrangements. These plans and arrangements range from simple, standardized 401(k) prototypes to custom defined benefit plans providing extra benefits for key employees.

For public companies, these areas have recently been under special scrutiny in response to well-publicized corporate scandals. The Sarbanes-Oxley Act and related rules of NASDAQ and the New York Stock Exchange affect these plans and agreements. Maslon's Business & Securities lawyers continually monitor new developments in tax law and compensation trends.

News:

• Maslon Attorney Martin Rosenbaum Elected Twin Cities Chapter President of the National Association of Stock Plan Professionals (NASPP) (November 2007)
• Martin Rosenbaum Named Leading Minnesota Attorney for Corporate/M&A by Chambers USA (July 2007)

IRC Section 409A Resources:

• Section 409A - Detailed Memo to Clients (March 2008)
• Section 409A - 2008 Action Items for Employers (March 2008)

Resources:

• Cash Balance Pension Plan Outline for Employers (Mark Baumann, November 2007)
• Sarbanes-Oxley Advisory

Publications:

• The New Executive Compensation Disclosure Rules - What Should Public Companies Do Now? (October 2006)
• The New Executive Compensation Disclosure Rules For Public Companies - What Should "Small Business Issuers" Do Now? (October 2006)
• Greed is..disclosable (Martin Rosenbaum, Star Tribune, August 6, 2006)
• SEC Adopts New Compensation Disclosure Rules - News Alert (July 2006)
• Public Companies Should Prepare for Proposed Amendments to the SEC's Compensation Disclosure Rules (May 2006)
• Equity Compensation Plan Issues (December 2005)