Traveling - Vacation - Unlimited PTO
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For Employers: How does unlimited PTO work in California?

Employees everywhere dream of how they will spend their two weeks paid vacation, and it is no secret that everyone loves their paid time off. But when it comes to more paid time off (PTO), is it really merrier? In recent years, there has been an uptick in California-based technology companies like Netflix, Oracle, LinkedIn, and Twitter, offering benefits like unlimited paid time off to their employees. As such, many companies vying for California tech talent feel pressure to offer the same. However, this growing trend of unlimited paid time off may be too good to be true for both employers and employees.

Tax Considerations for Equity Based Compensation Received from C Corporations

Tax Considerations for Equity Based Compensation Received from LLCs

Start-up companies seeking to incentivize founders and retain key employees often present such individuals with equity in their companies as part of the individuals’ overall compensation packages. Equity-based compensation is intended to align the interests of the employees with the interests of the company’s shareholders and investors.

Tax Considerations for Equity Based Compensation Received from C Corporations

Tax Considerations: Equity Based Compensation from C Corps

Start-up companies seeking to incentivize founders and retain key employees often present such individuals with equity in their companies as part of the individuals’ overall compensation packages. Equity-based compensation is intended to align the interests of the employees with the interests of the company’s shareholders and investors.

A Look a the GDPR Three Years In
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A Look at the GDPR Three Years In

The General Data Protection Regulation (the “GDPR”), promulgated by the European Commission, was adopted in April 2016 and became effective in May 2018. Last year, we provided an update discussing the second-year benefits for companies and trends for the US following the enactment of the GDPR.

This year, we will take a look at current EU-US compliance issues, and US regulations following the adoption of GDPR.

BLOG Service Level Agreements
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Service Level Agreements (SLAs) – Setting Expectations with your Vendor

An SLA is a document accompanying a technology or vendor agreement that defines the service expectations for the offering. The SLA may contain provisions on product and service support, response times, uptime guarantees, and system availability during scheduled maintenance or upgrading (if applicable). Paired with these expectations are provisions detailing what happens in the event a service level is not met. For example, a customer may be entitled to service credits or other remedies if there is an outage lasting longer than what is permissible under the SLA.

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Post-Brexit: International Data Transfers and the GDPR

As sovereign trade deals hang in the balance amid ongoing Brexit talks, Software-as-a-Service (“SaaS”) businesses are preparing for the end of the Brexit transition period regarding the international transfer of personal data. The transition period allows the UK to remain in both the EU customs union and single market otherwise allowing it to continue pre-Brexit until December 31, 2020 when the transition period ends, and the UK is no longer a part of the EU. When the UK ceases to be a part of the EU, international data transfer anxiety will start to kick in and be reflected in ordinary SaaS agreements.

Founders-Legal-Corporate-Group-1
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SEC Modernizing Private Securities Offerings

The amendments adopted by the SEC should serve to lower the barrier for smaller companies to engage with investors in the private markets and to raise capital from a wider pool of investors. These amendments will also simplify future exempt offerings by eliminating certain potential pitfalls and causes for unnecessary uncertainty. The new amendments, while not seemingly groundbreaking, demonstrate that the SEC is open to continually adapting to the times to facilitate better functioning private markets and the growth of small and medium-sized businesses.

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