This seminar will address changes that will impact design and disclosure of the executive and equity compensation programs in the coming year and beyond.

• Compensation committee independence
• Trends in equity compensation
• Alternatives to accomplishing tax withholding and avoiding insider trading problems
• Deferred compensation as an alternative
• Coming impacts of international accounting standards
• Alternatives for dealing with underwater options

Who Should Attend:
General Counsels; Chief Financial Officers; HR executives; Stock Administrators

Speakers:
Paul Borden, Partner, Morrison & Foerster LLP
Michael T. Frank, Partner, Morrison & Foerster LLP
Rich Hanson, First Vice President, Head of Corporate Benefits and Advisory Services, Merrill Lynch

This invitation is transferable and open to colleagues and guests. There is no charge to attend this seminar.

This seminar is also being presented in Palo Alto.