Barbara Klementz is a partner in the Global Equity Services Group in Baker & McKenzie’s San Francisco office. She has practiced in the area of global equity and executive compensation for more than ten years and serves as a member of the National Association of Stock Plan Professionals, the Global Equity Organization and the San Francisco Bar Association. Ms. Klementz has authored several articles on global equity issues for the BNA Executive Compensation Journal, Journal of Corporate Taxation and San Francisco and Los Angeles Daily Journal, among others. She is also a frequent speaker on a variety of global equity topics. Ms. Klementz is admitted to private practice in California and Duesseldorf, Germany. Ms. Klementz chairs the Green Initiative of the Firm’s San Francisco/Palo Alto office.

Practice Focus

Ms. Klementz focuses her practice on global equity compensation programs, employee benefits and executive compensation. She regularly advises multinational companies on implementing their equity compensation programs worldwide — particularly as it relates to tax and securities law matters and exchange control regulations. Ms. Klementz also frequently advises on the treatment of such programs in corporate spin-offs and other corporate transactions, as well as on the tax treatment of cross-border employees.

Representative Legal Matters

• Advised entertainment software company with regard to international tax and regulatory issues related to an option exchange program in 35 countries.
• Advised semiconductor company on international equity compensation issues related to spin-off of subsidiary.
• Advised Fortune 100 software company on implementation of RSU program in approximately 90 countries.
• Advised Fortune 100 software company on tax and regulatory issues related to adjustment of equity awards as a result of extraordinary dividend distribution.
• Represented internet company in assuming various equity plans operated by acquired companies and advised on related tax and regulatory issues.
• Provided advice on tax treatment of cross-border transferring employees with regard to outstanding equity awards.
• Advised semiconductor company on implementation of global recharge program for equity awards in 25 countries.

Professional Associations and Memberships

• San Francisco Bar Association
• National Association of Stock Plan Professionals
• Global Equity Organization
• State Bar of California

Admission

California~United States (2001)
Düsseldorf~Germany (1999)

Education

University of San Francisco School of Law  (LL.M. International & Comparative Law) (2000)
University of Bonn  (Assessor Exam) (1998)
University of Bonn  (First State Exam) (1995)