Golden Parachute Disclosure and Votes: Reminder - Golden Parachute Disclosure and Votes Required for Initial Filings Beginning Next Monday

Sullivan & Cromwell LLP - April 19, 2011

The SEC’s final rules implementing disclosure requirements and shareholder advisory votes on “golden parachutes” become effective for proxy statements and other schedules and forms initially filed on or after April 25, 2011. For initial filings made prior to this date, the disclosure and advisory vote requirements will not apply.