Senator Hillary Clinton Proposes New Rules on Executive Compensation

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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