Nicholas (Nick) Paul is an executive compensation partner in the Chicago office of Kirkland & Ellis LLP. Nick advises clients on executive compensation and employee benefits aspects of various corporate transactions and the design and operation of equity and equity-based compensation, including all forms of equity-based compensation (such as stock option, restricted stock, stock appreciation and phantom equity plans and awards), partnership capital and profits interest, nonqualified deferred compensation, short- and long-term incentive, executive and non-executive employment, severance, retention, and change-in-control plans and arrangements, as well as the implications of Internal Revenue Code Sections 280G and 409A on such plans and arrangements.