ESOP Plan Design and Formation

In this program, Paul Porretta, a partner at Troutman Pepper Locke LLP, will walk through the process of designing and implementing an employee stock ownership program (ESOP).

Our discussion will cover ESOP plan design features and tax attributes, fiduciary duties and responsibilities for ESOP companies, and best practices for ensuring ongoing compliance.

This program will benefit practitioners who are working with clients considering an ESOP, as well as practitioners who provide legal support for ESOP companies.

Learning Objectives: 

1. Review the structure and fundamental features of an ESOP
2. Develop a roadmap for adoption and implementation of an ESOP
3. Identify ESOP administration and operational issue
4. Apply best practices for ongoing ESOP compliance