David C. Strosnider

David is a partner in the Employee Benefits & Executive Compensation Group.

He advises public and private companies, nonprofit organizations, fiduciaries, and executives on all aspects of employee benefits and executive compensation.

David has experience:

• Providing advice with respect to qualified retirement plans, including pension, cash balance, profit sharing and 401(k), and employee stock ownership plans (ESOP) on tax and ERISA compliance, design, administration, and termination matters.
• Designing and implementing executive compensation programs for large private and publicly-held clients, including non-qualified stock options, restricted stock, restricted stock units, stock appreciation rights, and other forms of equity compensation.
• Negotiating and documenting executive employment agreements.
• Advising clients on Code Section 409A compliance for nonqualified deferred compensation plans, and amending plan documents and agreements to satisfy the requirements of Code Section 409A.
• Designing and drafting non-qualified executive retirement and deferred compensation plans and arrangements, including supplemental executive retirement plans (SERP), 401(k) wraparound plans, employee stock purchase plans, and change-in-control (golden parachute) agreements.
• Providing advice to plan fiduciaries with respect to their duties and responsibilities under ERISA, including compliance with: (a) the reporting and disclosure requirements; (b) the prohibited transaction rules, and (c) Section 404(c) of ERISA and other Department of Labor guidance to minimize risk.
• Representing governmental entities and other tax-exempt organizations with respect to their employee benefit programs, including Section 403(b) and 457 plans, and helping these organizations navigate the unique tax issues that arise in providing deferred compensation for their executives.
• Conducting employee benefits and executive compensation due diligence in connection with corporate mergers and acquisitions, including, analyzing and minimizing the tax costs associated with excess parachute payments, implementing option substitution programs, and integrating the buyers and sellers benefit programs post-closing.