Economic Stabilization Act: Employee Benefits and Executive Compensation

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The recently enacted Economic Stabilization Act of 2008 (the ?Act?) contains a number of significant employee benefits and executive compensation provisions, some that apply to employee benefit plans generally, and some that apply only to the executive compensation arrangements of Financial Institutions taking advantage of the Troubled Asset Relief Program (?TARP?) offered under the Act.

A summary of these provisions follows:

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Morrison & Foerster LLP on:

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