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Senator Hillary Clinton Proposes New Rules on Executive Compensation

5/6/2008

 
This Client Alert examines the new executive compensation bill introduced on behalf of Senator Clinton on April 15, 2008. The bill includes provisions which would place a $1 million limit on deferred compensation, require a shareholder vote on executive compensation and golden parachutes, modify the Sarbanes-Oxley Act's clawback provision,and require additional disclosures on executive compensation by federal contractors.

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