Mike Shah, a partner in Milbank’s New York office, spoke on a panel titled “Compensation Trends Collide: Performance Awards Meet Double Trigger Vesting” at the 2015 Equilar Summit on June 11, 2015. The panel discussed current trends in performance award design and the implications of shifting from single-trigger vesting to double-trigger vesting in equity awards. The panel also outlined the practical and technical issues that arise when incorporating double-trigger vesting into performance awards and market approaches to address these issues.
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