Working well with your product and service providers is a key component to a successful equity
compensation program. Whether you utilize third-party vendors to support recordkeeping systems,
outsourcing, brokerage, or other advisory services, you depend on them to supply critical assistance to
keep the administration of your stock plans humming, your financial reporting and compliance
accurate, and your employee participants happy. When one of these relationships doesn’t work as
expected, this may present an opportunity to evaluate your current provider’s product offerings and
performance and determine if a replacement is needed.