Memo to Recipients of Profits Interests Explaining Implications of Award | Practical Law

Memo to Recipients of Profits Interests Explaining Implications of Award | Practical Law

A sample memorandum explaining to recipients of profits interests the tax and other collateral consequences of receiving their award, including the change in status from employee to partner. This Standard Document contains integrated drafting notes with important explanations and drafting tips.

Memo to Recipients of Profits Interests Explaining Implications of Award

Practical Law Standard Document w-001-6378 (Approx. 8 pages)

Memo to Recipients of Profits Interests Explaining Implications of Award

by Michael P. Spiro, Finn, Dixon & Herling LLP, with Practical Law Employee Benefits & Executive Compensation
Maintained • USA (National/Federal)
A sample memorandum explaining to recipients of profits interests the tax and other collateral consequences of receiving their award, including the change in status from employee to partner. This Standard Document contains integrated drafting notes with important explanations and drafting tips.