Boardman & Clark LLP—Banking Group

Fourth Floor, 1 South Pinckney St. • Madison WI 53703 TEL: (608) 257-9521 FAX: (608) 283-1709

Services and Practices

No other law firm has more experience with Wisconsin banking law than the Boardman Banking Group.

Executive Compensation


We regularly assist bank and bank holding company boards of directors, compensation committees and senior executives in connection with negotiating and drafting employment agreements for senior executives, as well as helping them in the design, drafting and implementation of:

  • Deferred compensation
  • Change-in-control compensation
  • Severance agreements
  • Executive retirement programs
  • Rabbi trusts
  • Nonqualified and incentive stock options
  • Bonus and stock bonus plans
  • Stock appreciation rights plans
  • Restricted stock plans
  • Phantom stock plans
  • Post-termination releases
  • Non-compete/non-solicitation agreements
  • Grantor stock ownership trusts
  • Insurance-funded arrangements (including bank-owned life insurance (BOLI)) arrangements
  • Health, life and disability insurance benefits
  • Employee stock purchase agreements

We are well-versed in the legal restrictions that banking laws and regulations impose on executive compensation, and help our clients achieve their goals while understanding and complying with legal restrictions. Our banking attorneys regularly team with our firm's tax, securities, employment and employee benefit specialists to assist our clients in addressing all issues that impact the structure of their executives' compensation packages, such as Tax Code Sections 280G (golden parachute rules) and 409A and ERISA. We also defend banks against claims arising under executive compensation and other agreements with current or former senior executives.

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