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Structured equity compensation to be paid to entertainers in connection with endorsement contracts. Advised entertainers on income tax aspects of endorsement contracts which provided for cash incentive payments and the grant of equity. Receipt of equity in connection with the performance of services can give rise to phantom income (taxable income without the liquidity to pay the related tax), thus we negotiated structures that, in some cases deferred the taxable event through the use of profits interests coupled with a catch up allocation; and in other cases provided for liquidity.