You probably already know that you need to plan for the ESOP repurchase liability – the cost of buying back shares from terminated ESOP participants. But, you may not understand exactly what that liability is and what the ESOP fiduciary's role is in that process. This article explains repurchase liability planning from the ESOP fiduciary's perspective – the pitfalls to watch out for and what the company can do to protect the ESOP fiduciaries (including the corporate directors and officers).
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