• Underwater Stock Options and Stock Option Exchange Programs
  • April 15, 2009 | Authors: John J. Cannon; Jeffrey P. Crandall; Kenneth J. Laverriere; Doreen E. Lilienfeld; Linda E. Rappaport
  • Law Firm: Shearman & Sterling LLP - New York Office
  • Equity-based incentive awards are intended to motivate high levels of performance and align the interests of employees with those of shareholders.