David Johanson is presenting a live webcast. Major topics to be discussed include:

• Bargaining power at inception
• Shareholder, management and other agreements
• Importance of process – legal and investment banking
• Reconciling goals of controlling shareholders with minority
• ESOP as a sale strategy
• Non-ESOP shareholder and management considerations
• California short-form squeeze-out merger
• Preparing for potential shareholder litigation
• Shareholders v. management tension