Release Us! – 409A and Releases: Redux

Regina Olshan

New York executive compensation and benefits partner Regina Olshan lead a Webinar panel discussion hosted by Bloomberg BNA titled "Release Us! – 409A and Releases: Redux." The program discussed the proper way to draft release of claims provisions for exiting employees and examine the IRS transitional relief (expiring on December 31, 2012) for complying with Section 409A requirements applicable to payments contingent on the execution of a release of claims. Topics included issues arising from the use of releases in separation agreements, steps to properly draft release provisions and key insights into what needs to be done before the December 31, 2012 deadline.