presents an audio webcast program:

"The New IRS Letter Ruling: How It Impacts Your Employment Arrangements, Accounting, Proxy Disclosures, Etc."

Thursday, February 14, 2008 (12:00- 12:45 pm, eastern)


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In a private letter ruling just released, the IRS ruled that employment agreement terms providing for the accelerated vesting of performance-based equity awards upon termination of the executive by the company without cause or termination by the executive for good reason, and payment at target performance levels, regardless of actual performance, would cause the awards to fail to satisfy 162(m)'s performance-based exception – even if the accelerated vesting and payout is never triggered. This webcast will provide analysis of the numerous issues raised for employment arrangements, accounting consequences and possible proxy disclosure obligations. Join these experts:

  • Ken Griffin, Associate Chief Counsel, Executive Compensation Branch, Internal Revenue Service
  • Elizabeth Drigotas, Principal, Washington National Tax, Deloitte Tax LLP
  • Mike Kesner, Head of Deloitte Consulting's Executive Compensation Practice
  • Mike Melbinger, Partner, Winston & Strawn LLP
  • Paula Todd, Managing Principal, Towers Perrin
  • Dave Lynn, Editor, and former Chief Counsel, SEC’s Division of Corporation Finance
  • Jeremy Goldstein, Partner, Wachtell Lipton Rosen & Katz

Among the important topics that will require up-to-the-minute guidance, the Conference will cover:

  • Obligations to re-examine, modify existing arrangements in the wake of the new IRS ruling
  • What are the accounting consequences of changes in tax positions, and what is FIN 48
  • Ways to address the disclosure that may be necessary in this year’s proxy statement due to the new IRS ruling
  • How to avoid traps for the unwary when negotiating employment contracts and other compensation arrangements going forward

Cost: As 2008 members of 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 - 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 "4th Annual Executive Compensation Conference" – and the many other practical resources on

How to access the webcast program: Visit 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 – and a text transcript of the program will be posted on about a week after the live webcast.