Transitions in Employment

Archive for the ‘Deferred Compensation’ Category

There Are Potential Pitfalls to “The $100 Million Giveback”

February 7th, 2012 |

The compensation package of Eugene Isenberg, former CEO and now chairman of Nabors Industries, Ltd., including a proposed $100 million termination payment, illustrates the far extreme of executive compensation. While institutional shareholders brought suit to challenge his compensation, wasn’t there due diligence before investments were made?

Read the rest of this entry »

Posted in Deferred Compensation, Employment Agreements, In the News, Internal Revenue Code, Severance Agreements |

Tags: 409A, deferred payment, giveback, Section 409A, severance payment, substitute payment, tax, taxation |

Comments »