"Say-on-Pay: A Primer for TARP Companies"

Wednesday, March 4, 2009

12:00- 12:45 pm eastern [archive to follow; there will be no transcript for this webcast]

Under the SEC Staff's latest guidance regarding the American Recovery and Reinvestment Act, companies receiving TARP funds must hold a non-binding advisory vote on executive compensation arrangements this year. This poses a number of challenges for those companies, who are grappling with what they need to do now.

Join these experts:

• Mark Borges, Principal, Compensia
• Ning Chiu, Counsel, Davis Polk & Wardwell LLP
• Dave Lynn, Editor, CompensationStandards.com and Partner, Morrison & Foerster LLP
• Carol Bowie, Head, RiskMetrics' Governance Institute

Among the important topics the webcast will cover:

• What should the say-on-pay disclosure look like?
• What open issues are there? How should those issues be addressed?
• What should companies who have already filed definitive proxy materials do?
• How much leeway do companies have in framing their say-on-pay proposals? What are 'best practices'?
• How will RiskMetrics' ISS evaluate these say-on-pay proposals?
• What happens if a TARP company fails to include say-on-pay? What are the penalties? Who has jurisdiction?

Cost: As 2009 members of CompensationStandards.com are able to attend this critical webcast at no charge, you need to renew or try a no-risk trial now. The webcast costs for non-members is $595. You can renew or sign up for a no-risk trial online – or by fax or mail via this order form. If you need assistance, send us an email at info@CompensationStandards.com - or call us at 925.685.5111.

Bonus! Most law firms and consulting firms (and most larger companies) now have "Unlimited Firmwide" memberships. If you try a firmwide no-risk trial, you will also receive ongoing access to the entire video archive and the invaluable materials of the critical "5th Annual Executive Compensation Conference" – and the many other practical resources on CompensationStandards.com

How to access the webcast program: Visit www.CompensationStandards.com and click the link on the webcast. You need either Real Player or Windows Media to listen to the webcast.

What you can do if you can't access the live program: If you have a scheduling conflict or have problems accessing webcasts generally (due to firewalls, etc.), an audio archive of the webcast will be posted immediately after the program – there will be no transcript after the program.