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RE: Giants, Frogs, et al

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Well, not yet—and they actually don’t have an ESOP as the term is defined by the IRS. You’re actually “a partner” much as you would be if you were *shudder* attorney in a big law firm.

 

They have ways of handling it so it doesn’t hurt so badly.

 

Finally, remember that “the shoulders” put more than their “fair share” into the value of the company, so you get a return on investment accordingly!

 


From: Stuart, Matthew [mailto:mstuart(--nospam--at)schoordepalma.com]
Sent: Friday, December 09, 2005 1:12 PM
To: seaint(--nospam--at)seaint.org
Subject: RE: Giants, Frogs, et al

 

As an Associate at WJE, I believe you had to pay for the (ESOP) privilege to stand on the shoulders as well.