Smith Anderson Lawyers Present Webinar Hosted by the Carolina Kickstart Program

Raleigh, NC (December 13, 2010) - Merrill Mason and Andrew Fisher presented a webinar titled, "Options, Options: Equity Compensation Basics” which addressed the decisions to be made and documents required to put an initial stock option plan in place. The webinar, which took place on November 5, 2010, was hosted by the Carolina Kickstart program which is housed within the North Carolina Translational and Clinical Sciences Institute./p>

The webinar included the mechanics of making equity compensation grants, the differences between incentive stock options and nonqualified stock options, the importance of setting an option strike price, and various tax implications of stock options.