ABL | Executive Compensation Workshop - May 27, 2010

Event Details:
Thursday, May 27, 2010
1:30 - 5:00 PM
(Reception Following)
Radisson Hotel
4545 MacArthur Blvd.
Newport Beach

Current Trends in Negotiating Employment Contracts for CEOs, COOs, GMs and Their Direct Reports

Key Terms for Executive and Management Contracts

Title, Duties and Reporting
Definition of Cause
Resignation for Good Reason?

Post Employment Restraints

Non-Compete?
Non-Solicitation?

Crafting Severance Arrangements

When is Severance Triggered?
How is it Paid?
Rule 409a: Tax issues with Severance Packages

Equity & Incentive Compensation

Types?
Vesting?
What Happens Upon "Change of Control?"

Bill Simpson
Partner, Corporate Department
Paul, Hastings, Janofsky & Walker, LLP

Bill Simpson is a Corporate Partner in Paul, Hastings, Janofsky & Walker, LLP, a leading global law firm with offices in Asia, Europe, and the U.S., providing innovative legal solutions to financial institutions and Fortune 500 companies. Paul Hastings advises clients in a broad array of mergers and acquisitions, joint ventures, equity and debt financing.

Bill specializes in private equity, mergers and acquisitions, and venture capital. He regularly represents owners and management groups in private equity transactions, currently representing over 30 private equity-backed companies and 10 private equity and other investment groups. He has handled approximately 250 mergers and acquisitions, including the sale of Linksys to Cisco and the sale of Pacific Scientific to Danaher. Bill has also been active in Paul Hastings’ management, including serving as Chair of its Orange County Office and Chair of its Private Equity Practice Group. He is also a former Chair of the Business and Corporate Law Section of the Orange County Bar Association.

Bill is listed in Chambers (USA) – “America’s Leading Lawyers for Business,” one of only two Orange County corporate lawyers listed. He is also listed in “The Best Lawyers in America,” The Los Angeles Times “Southern California’s Best Lawyers,” and has been repeatedly named as a Top 50 Orange County “Super Lawyer” by Law and Politics Magazine.

Bill serves on the Board of Directors of South Central Scholars and the Orange County Venture Group. He earned his BA degree, with high distinction, from the University of Virginia in 1976, and his J.D. degree from the University of Virginia School of Law in 1979.

Moderator

Bob Kelley
CEO, ABL Organization

Bob Kelley is CEO of the ABL Organization. He has also served as Chairman of the Board of six technology companies, each focused on a major high-growth initiative during his service. And he’s an avid investor in the technology sector of the economy.

Since assuming leadership of ABL in 1985, Bob has continuously explored and developed innovative new programs for the organization, including its Healthcare Executives Round Table Program, as well as various Financial and Board of Directors Workshops. Bob has been recognized for his Board of Directors work with growing companies as an Inc. Magazine "Entrepreneur Supporter of the Year" in Orange County, and subsequently as one of three national finalists in that category. He published “The Board of Directors and Its Role in Growing Companies” in 1984. He’s been chair of two companies while they were recognized as #50 and #280 on the Inc. 500 Fastest Growing Companies List. He also continues to provide an average of two of his half day “Developing an Effective Board” workshops annually. He developed and served on the advisory board, provided financial deal counseling and general business strategy guidance, and acted as a temporary division president, for a private security technology company, which was subsequently sold to a Fortune 500 US utility for hundreds of millions of dollars. In the mid ‘90’s he co-authored “Better Than Money,” recognized by Harvard Business School’s Professor of Entrepreneurship, as the first major work on the then emerging field of “angel investing.” Co-author Dave Berkus subsequently became Chairman of the Tech Coast Angels, the largest angel investment network in the U.S.

Prior to his involvement with the development of ABL, Bob provided various combinations of executive leadership, strategy, and support services for innovation initiatives through executive positions and a business development consultancy. Four of these companies experienced extraordinary growth during his tenure and two were then on the Fortune 500. Immediately prior to ABL, in 1981, he co-founded what became the General Group of Companies which achieved $200 million in sales in 1985 through several strategic partnerships and spin-offs, which he shaped.

Bob holds a BBA degree from Notre Dame and an MBA from Harvard Business School. Bob is married to ABL business partner Mimi Grant and they have two adult children.