Multiple Payout for Client During Change of Control
Boston MA, February 24, 2015 —Attorney Robert A. Adelson (www.executiveemploymentattorney.com/) is one of the top employment lawyers Boston. During his thirty years as an attorney, Adelson has acquired the unique expertise to negotiate transaction for many of the top C-level executives in the country, as well as presidents, vice-presidents and other senior executives.
As part of a change of control settlement during the acquisition of a North East high-tech firm, attorney, Robert Adelson, was able to secure more than double the compensation, for a C-Level executive in the acquired company. The amount exceeded $600,000 in additional executive compensation.
During this same transaction, which occurred earlier in 2014, Attorney Adelson identified potential excise tax liability for over $400,000 in potential “golden parachutes income” triggered by the change of control. To prevent his client from having to pay the 20% excise attorney Adelson structured the transaction so there would be no excess liability tax exposure. He also doubled his client’s stock options with the company acquiring the high-tech firm.
To learn more about why attorney Robert A. Adelson is one of the top Boston employment lawyers for executives, visit (www.executiveemploymentattorney.com/).
About Robert A. Adelson
With more than 30 years of experience as an executive employment attorney, with clients all across the country, attorney Robert A. Adelson has helped many executives negotiate strong employment contracts that take on essential provisions such as equity, termination and severance. For more information, visit (www.executiveemploymentattorney.com/).