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Michel is a partner in the employee benefits department. He concentrates his practice in employee benefits, with an emphasis on executive compensation and corporate reorganizations. Michel represents publicly and privately held companies (including tax-exempt entities) in the design, drafting, administration and termination of qualified and non-qualified retirement plans (including defined contribution, defined benefit and hybrid plans), deferred compensation arrangements, and all aspects of equity-based or other performance-based compensation. He also represents companies, management teams and individual executives in the negotiation and drafting of employment agreements and severance agreements. Michel has lectured on employee benefit matters, including severance plans and executive compensation issues in mergers and acquisitions at John Marshall Law School.
Representative Matters
Assisted management team in a leveraged buy-out in connection with all issues relating to the employment relationship and compensation, including the negotiation of employment agreements, equity-based compensation and other performance-based incentives, and benefits.
Counseled a publicly held company regarding the establishment and implementation of an equity incentive plan for foreign employees, compliance with local laws, and maximization of tax results.
Assisted client with respect to the benefits and executive compensation issues arising from an initial public offering (including the adoption of new benefit programs, such as an employee stock purchase plan, and compliance with applicable tax requirements and stock exchange rules) .
Publications, Presentations and Awards
"Section 409A - Executive Compensation Disclosure Rules: Update and Review," Audio Conference co-hosted with Sean Jones and Mark Busch, February 2007
"Employee Benefits Issues Arising in Transactions," CLE presentation with Mary Turk-Meena, February 2007
"Jobs Act of 2004: Implications and Questions Regarding Nonqualified Deferred Compensation Plans," The Benefits Law Journal, Spring 2005
"Are Cash Balance Plans Really Unlawful?," The Benefits Law Journal, Winter 2003
"New U.S.-U.K. Treaty Generally Avoids Double Taxation of Pension Contributions and Distributions," The Journal of Taxation, October, 2003
"The Continuing Controversy Concerning the Inclusion of Equity-Based Compensation in Cost-Sharing Agreements," The Benefits Law Journal, Spring 2003
"Global Equity Plans - The Challenges of Implementation," The Benefits Law Journal, Winter 2001
Professional, Civic and Community Involvement
Professional: National Association of Stock Plan Professionals, Member, 2005. | 