Jeremy Goldstein Explains Why Organizations Should Embrace Knockout Stock Options

Jeremy L. Goldstein is a prominent business lawyer whom CEOS, managers, and corporations consult for legal counsel whenever they have issues with compensation and employee benefits. He is a partner at Jeremy L. Goldstein & Associates LLC, a firm he started in June 2014 after working as a partner at Winchell, Lipton, Rosen & Katz for 14 years. Goldstein has a Bachelor of Arts in Art History from Cornell University, Master of Arts in Art History and has a J.D. from New York University, School of Law.



Goldstein has handled some of the most significant corporate dealings in his career. He was involved when UTC acquired Goodrich, the transactions between Verizon and ALLTEL Corporation, the dealings between Chevron and Unocal Corporation among many other deals affecting some of America’s largest companies. Jeremy Goldstein sits on the board of Directors at Fountain House besides being in the prestigious NYU Journal of Law and Business’ Professional Advisory Board. He is also an author and public speaker on compensation and employee management topics.



Goldstein has written a blog justifying the benefits employers stand to reap when they adopt the knockout strategy with stock options. Stock options have so many benefits to the employer, and that is why many managers prefer giving employees stock options. This compensation strategy is popular because employees only get extra personal earnings when the company’s share value and performance in the stock market improves. This means employees are motivated to work hard, and when the company succeeds, everybody gets rewarded. The options, compared to providing shares, provide a tax relief for corporations which have compensation packages for top executives.



Goldstein’s blog could not have come at a better time as it explains why knockout is the most appropriate strategy when it comes to stock-based compensation. He says the approach is sure to save costs and minimize over-hang threats where there are investors who are non-employees. Consequently, stockholders do not have to panic over dwindling ownership shares. With the knockout strategy, employees only lose the options if the share value drops below a particular mark or stay down for over a week. Significant falls in stock value often mean employees cannot utilize the options available to them. Employees, therefore, increase their efforts to prevent plunging of the organization’s share value. Jeremy Goldstein believes that knockout stock options can eliminate most of a company’s challenges in implementing compensation strategies that are stock-based.




Entrepreneur Brian Bonar Is An Example of The American Business Person’s Dream

With its beaches and its sought-after entertainment industry California represents for many people a kind of idealism that is central to the way that we understand our country. New York City is synonymous with the hustle that America is known for.

That part of our culture that is constantly moving, that trains its eye on a goal and that charges towards it aggressively has arguably been distilled down to its purest form there.

But if New York City is a symbol of the nation’s ability to hustle then California is a symbol its ability to dream. The state’s terrain which includes beaches, arid deserts and strange-looking trees can make visitors feel as though they are in another country if not in another world where things can move a bit more slowly and life seems to be a little bit more full.

Its no wonder then that the state and its large cities draw people who can lean towards being on the creative side of things.

Many professionals that come to work in the various industries that are located in the state are multidisciplinary, their skillsets often span a wide variety of industries and interests and their professional pursuits reflect this. Consider Bonar for instance.

He started his career working for the technology company IBM and then later transitioned into a professional life that involved entrepreneurship in the sectors of finance, business services and restaurants.

His restaurant pursuits have included being involved the Escondido-based restaurant known as Bellamy’s. According to Bloomberg, as a restaurateur Brian Bonar leveraged his appreciation for good cooking to draw the attention of the highly-respected chef Patrick Ponsaty. At Bonar’s behest Ponsaty lent his expertise as a Master Chef of France to Bellamy’s.

Ponsaty’s work as a chef at Bellamy’s led to the restaurant being named as having some of the best food in the San Diego area by San Diego Magazine. During Ponsaty’s time at the restaurant, Bellamy’s made its name for serving food that was a seamless marriage between the French culinary aesthetics that Ponsaty has mastered and the Californian staples that many people have come to love.

One of the examples of his culinary prowess includes devising a distinctive beet salad that was served with beet ice cream. In addition to working in San Diego’s culinary sector Bonar has also launched companies like Dalrada Financial Corporation that are involved in the business of providing crucial services to companies that need them.

Companies that are well-managed work to ensure that their employees are paid on time, have access to benefits and has insurance to protect their employees should they ever get hurt on the job.

Bonar’s company Dalrada Financial Services provides solutions to help companies achieve these aims. Brian Bonar serves as the Chief Executive Officer and Chairman of Delrada Financial Corporation.