Foley Partner Curt Creely authored an article titled “Granting Equity Incentives to Employees” in the September 14, 2009 issue of Workforce Management. Creely discusses the tax, securities, corporate and contract law implications that may arise when companies grant equity incentives to employees, remarking that it is important to structure the grants under a securities law exemption with the advice of competent securities counsel. He adds that companies should always ensure that the structuring and granting of equity to employees is made in conjunction with experienced legal and tax advisors.
