Executive Pay and Loyalty

Links - Laws and Regs

United States Law


Section 503(c) re severance and other compensation restrictions for insiders of debtors.


ERISA Regulations

Internal Rev. Code - Employee Benefits

Search: other §s

Treas. Regs.

Treas. Reg. §1.83 (search results cover subsections). See Treas. Reg. 1.83-7 re stock options.

Treas. Reg. 1.162-27 -- Annual $1,000,000 deduction limit for certain executive remuneration (applicable to each of the CEO and next three highest paid executives of U.S. public companies, other than the CFO).  
Treas. Reg. 1.280G -- Golden Parachute Regulations.

Code 409A -- Section 409A regulations

Treas. Reg. 1.401 to 1.436

Rev. Proc 92-64
re model rabbi trust. See also Rev. Proc. 92-65 re IRS ruling requirements for deferred comp. plans.

Securities - Federal

33 Act and 34 Act

Dodd-Frank Act
Section 951 re Say on Pay. ALSO: 1934 Act as amended by Dodd-Frank.

search by company name.

3, 4, 5   /  8-K  /  S-8 

Proxy Rules 14a for New Stock Plans - see Item 10
   -- See Items 25 to 40 of SEC Telephone Interps re New Plan Benefits

Reg S-K
Rule 16b-3 -- SEC short-swing profit exemption for benefit plans.
Securities Laws -- 1933 Act Regs Table of Contents with Links
SEC Interpretations
  -- Telephone Interp re new Plan Benefits Table (see 25-40)
  -- CD&Is re executive compensation disclosure (Reg S-K interps). 
  • CD&Is re 8-K disclosures. See 2004 SEC FAQs re Compensation-related Decisions.
  • CD&Is re Section 16 issues.
  • SEC Say on Pay CD&Is - released 2/11/2011.
  • July 11, 2011 New CD&Is:
    • Section 121A. Item 5.07 of Form 8-K - New Question 121A.03
    • Section 121A. Item 5.07 of Form 8-K - New Question 121A.04
Shareholder Approval Rules for Equity Comp Plans
SOX 402 - Prohibition on Certain Insider Loans -- For a well recognized discussion of the SOX 402 implications of different executive compensation practices, see what is known as the Top 25 Memo that may law firms joined together to publish in 2002.  And see this Harvard Governance Blog for SEC action in 2013.