Performance awards are a strategic tool used by organizations to retain and motivate valuable employees, incorporating performance criteria (market-based or pure performance-based). They incentivize employees to excel and align stakeholders' interests, fostering collaboration. However, challenges arise if not designed and administered properly, including increased complexity and costs. Overly complicated structures may hinder employee understanding and compromise the primary objective of incentivization.

Join our expert panel to explore performance conditions and achieve the right balance in award design and effectiveness.

Attendees will learn:

• The role of performance awards in retaining and motivating valuable employees.
• The significance of performance criteria in incentivizing employees and aligning stakeholder interests.
• The challenges associated with designing and administering performance awards, including complexity and cost implications.

US-listed companies, including both US-based issuers and foreign private issuers, are required to adopt the SEC-mandated clawback policy by August 8. This policy applies to all companies listed on US stock exchanges such as NYSE or Nasdaq.

In addition to adopting a compliant policy, companies, especially non-US companies, must implement additional procedures to determine which employees fall under its scope and to ensure policy enforcement.

This panel discussion will delve into the practical implications of these new requirements, particularly for global companies. The expert panel will explore how these requirements align with other evolving practices on clawback and malus provisions in international jurisdictions.

Attendees will learn:

• • Valuable insights on navigating these changes and aligning your company's practices with global standards for all companies listed on US stock exchanges, including US-based issuers and foreign private issuers
• • The practical implications of implementing additional procedures to determine employee scope and ensure policy enforcement
• • The alignment of these requirements with evolving practices on clawback and malus provisions in international jurisdictions