Equity Compensation for Limited Liability Companies (LLCs), 3rd ed.

Samuel P. Bryant/ Casey August/ Amy Pocino Kelly/ Wells Miller/ Alan Nadel/ Erin Randolph-Williams/ Corey Rosen

ISBN 10: 1938220692 / ISBN 13: 9781938220692

Published by National Center for Employee Ownership (NCEO), 2019

About this Item

3rd edition. 115 pages. 8.90x5.91x0.39 inches. In Stock. Seller Inventory # zk1938220692

Bibliographic Details

Title: Equity Compensation for Limited Liability ...

Publisher: National Center for Employee Ownership (NCEO)

Publication Date: 2019

Binding: Paperback

Condition: Brand New

Edition: 3rd Edition

About this title

Synopsis:

For many years, the most common advice on sharing equity with employees in a limited liability company (LLC) was "switch to S corporation status instead." The argument was that it was too complicated to share equity in an LLC. Yet many LLC leaders want to share equity with employees and have very good reasons for retaining their company's status as an LLC. This book finally made detailed material available on equity compensation in LLCs. It not only explains all the issues around LLC equity compensation but also includes a chapter on considerations in drafting a plan.In the third edition, the book has been substantially revised and expanded. The main chapter, on equity interests in LLCs (chapter 3), was replaced by a new chapter from a team of experienced attorneys. Another new chapter (chapter 4) discusses how to allow LLC equity interest holders to be treated as employees. The plan documents in previous editions have been replaced by a new chapter that discusses drafting considerations for LLC equity plans. Finally, the existing chapters on LLCs, designing equity incentives, accounting, sharing equity with employees, and communicating have been updated.