Max Seltzer is a partner in the firm’s Executive Compensation, Employee Benefits and Taxation Group. Mr. Seltzer has been practicing in the executive compensation and employee benefits area for more than 20 years.  He counsels regional and national clients extensively on legal issues with respect to executive compensation issues, including compliance with the requirements of Code Section 409A.  His practice also focuses on the many tax and benefit issues surrounding mergers and acquisitions, including the calculations of parachute payments and the impact of Code Section 280G.  He has extensive experience in designing and drafting tax-qualified and non-qualified arrangements. Mr. Seltzer also has extensive experience counseling corporate clients with respect to tax-qualified retirement plans such as employee stock ownership plans and employee benefit aspects of mutual-to-stock conversions of financial institutions.

Prior to entering private practice, Mr. Seltzer served as a Pension Benefit Advisor to the U.S. Department of Labor.

Practice Areas:

Representative Transactions:

  • Hometown Financial Group, Inc. and Abington Bank, Easthampton, Massachusetts, in their $146.5 million acquisition of Randolph Bancorp, Inc. and Envision Bank.
  • Lakeland Bancorp, Inc. and Lakeland Bank, Oak Ridge, New Jersey, in their $1.3 billion proposed merger with Provident Financial Services, Inc. and Provident Bank.
  • Citizens Bank of Cape Vincent, Cape Vincent, New York, in its $8.5 million merger with Gouverneur Savings and Loan Association.
  • PCSB Financial Corporation and PCSB Bank, Yorktown Heights, New York, in their $313 million merger with Brookline Bancorp, Inc. and Brookline Bank.
  • Meridian Bancorp, Inc. in its conversion from a mutual holding company to stock holding company and concurrent $325.0 million public offering of common stock.