Thought Capital

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Termination Provisions: Designing for Certainty When It Matters Most

Termination provisions may read like fine print, but when an executive transition occurs they become one of the most consequential elements of the compensation framework. They determine cost, influence behaviour, and shape perceptions at precisely the moment when scrutiny is highest. These terms have lasting implications, so getting them right the first time is paramount.

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ISS and Glass Lewis Update Guidelines for 2026 (Canada)

Institutional Shareholders Services (“ISS”) and Glass Lewis have updated their voting guidelines for 2026. The updated guidelines from ISS will apply to shareholder meetings for publicly traded companies on or after February 1, 2026, while those from Glass Lewis apply to meetings held on or after January 1, 2026.