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Copyright 2009
Louise Aron and Patricia Cudd, All Rights Reserved
About Louise Aron: ~~ 30 ~~ years of experience *** Graduated
Rutgers Law School, J.D. 1978 *** *** Firm established in 1981 -- over two decades of dedication to client satisfaction.
*** ***
Licensed in New York and Colorado. ***
About Patricia
Cudd: ~~ 33+ ~~ years of experience with: *** securities
registrations and exemptions*** *** mergers and acquisitions*** ***
SEC compliance and reporting*** *** Graduated University of Utah Law School, J.D. 1976 ***
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ISSUING STOCK TO EMPLOYEES AS COMPENSATION
Exemption for Issuance of Securities Through Employee Benefit Plans - Compensating Employees
- Approximate
average time from consultation to completion of documents/filing: two weeks if under five million, more if greater.
- Time from completion of documents/filing
to issue: no wait.
- Attorney’s
fees not including accounting fees: $5,000.00 to $25,000.00 depending on complexity.
Securities valued at up to one million dollars may be issued to compensate
employees, and if your company meets certain criteria, securities valued at in excess of one million dollars may be issued.
If your Company is not a Reporting Company and the aggregate sales price or amount of securities issued during any consecutive
12-month period exceeds $5 million, the issuer must disclose the following to employees/investors: summary plan description
required by ERISA; for non-ERISA plans, summary of the material terms of the plan; risks associated with investment; and financial
statements required under Regulation A. Purchasers receive Restricted Securities. Registration for Employee Benefit Plans
- Compensating Employees
- Approximate average time from consultation to completion of documents/filing:
one month depending on complexity.
- Time
from completion of documents/filing to registration: no wait.
- Attorney’s fees not including accounting fees: $10,000.00 to $50,000.00 depending on complexity.
This registration statement enables employees with Restricted
Securities to sell them publicly. Its complexity depends on the number of employees and the types of securities they
hold. Copyright 2009 Louise Aron and Patricia
Cudd, All Rights ReservedNOT INTENDED AS LEGAL
ADVICE - CONSULT WITH A QUALIFIED ATTORNEY BEFORE RELYING ON THIS INFORMATION
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