Negotiating an ESOP Transaction: Common Term Sheet Factors and What They Mean
Tuesday, April 30, 2024
1:30 PM – 2:30 PM ET
Location: 103
Earn 1 CE Hour
CE Type: CLE, CPE
Join our session to gain insights into the critical terms negotiated between ESOP Trustees (buyers) and Company Selling Shareholders (sellers) during an ESOP Transaction negotiation. This informative session will cover the main negotiation points, including: • Purchase price and other financial matters. • Financing arrangements. • Incentive options like warrants and stock appreciation rights. • Shareholder rights. • Changes to governing agreements. • Alterations to board composition. • Legal protective measures, including representations and indemnification. By attending, you'll gain a comprehensive understanding of what's on the line when selling a company to an Employee Stock Ownership Plan. Don't miss this opportunity to navigate the complexities of ESOP transactions with confidence and knowledge.
Learning Objectives:
Understand the process by which ESOP Transactions are negotiated.
Define key term sheet items.
Effectively negotiate with stakeholders in a potential ESOP Transaction.