Most people have the impression that selling stock to an ESOP limits the options for selling stock in other ways. Companies with partial ESOPs allow the non-ESOP shareholders to sell their remaining stock to whomever they want – senior management, private equity, strategic buyer or its existing ESOP. This session, “Selling to an ESOP” will cover the similarities and differences among these alternatives as well as cover some ESOP fundamentals. Topics will include:

• Comparing the ESOP sale with other alternatives

• Basic ESOP transaction structures and tax considerations

• Valuation requirements and methodologies

• Financing an ESOP transaction

• Corporate governance in an ESOP company

• Basic ESOP plan rules and employee payouts

• Is my firm right for an ESOP?

Join Bob Massengill in his 20th ESOP webinar for members and guests of the American Counsel of Engineering Companies. While the program uses engineering firm case studies, it is relevant for any company considering an ESOP.

Click here for more information and to register.