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Ted Wallace Verified Account

In-House Counsel at Midea America Corp
  • Midland Park, NJ, USA, New Jersey , USA

    • About Ted

    I am a seasoned and pragmatic corporate attorney with a track record of driving growth, operational excellence, and innovation. With 15+ years of practical business experience, I am results-oriented and known for "getting things done." I excel at creating systems to handle oft-seen issues AND at finding solutions for novel problems. I love working with sales teams. Colleagues describe me as full of ideas, an effective communicator, and a pleasure to work with. I bring expertise in commerc... Read more

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    Professional Experience

    Midea America Corp

    In-House Counsel •August 2023 - Present

    Parsippany NJ 08/2023 - Present
    Midea America is the U.S. subsidiary of Midea Group, a publicly listed, Global Fortune 500 company and the world's leading manufacturer of home appliances.

    • Draft, review, negotiate, and close a wide variety and high volume of commercial transaction and strategic agreements, including MSAs, SOWs, NDAs, SaaS/technology, licensing, intellectual property (IP), vendor, supply, distributor, 3PL, influencer marketing, and others.
    • Provide fast and efficient legal support to stakeholders in various business units including marketing, business development, information technology, logistics, and product development.
    • Build a library of standard contract templates and other model documents; create and update legal compliance training materials and other internal guidelines.

    Law Office of Ted Wallace

    Attorney •January 2012 - Present

    Trusted legal advisor for small businesses, guiding owners through the complexities of the corporate landscape.

    • Provide strategic legal counsel to entrepreneurs and small business owners on a broad array of legal matters, including advising on regulatory interpretation, compliance, contract negotiation, document review, and due diligence.
    • Create and customize service agreements based on each client's industry and unique needs, including structuring template agreements for clients to use in a scalable form.
    • Analyze and provide legal advice about interpretation of existing agreements, transaction structuring, risk assessment, and compliance with regulations and corporate policies.

    Alliance Advisors LLC

    Senior Vice President •August 2010 - October 2022

    Bloomfield NJ 08/2010 - 10/2022
    Alliance Advisors is a B2B consulting firm in the financial services industry that works with public companies around the world,
    focusing on the annual meeting process.

    Senior Vice President
    • Led company growth from 10-person professional services startup to industry leader by initiating strategy, optimizing practices, and driving global efficiency gains.
    • Drafted & negotiated service agreements for various business units with differing revenue recognition models. Collaborated efficiently and effectively with internal subject-matter experts and cross-functional stakeholders.
    • Revolutionized contract management by implementing a subscription model, slashing contract review time by 90% and delivering substantial overhead savings for a low-margin product.
    • Advised public company clients on corporate governance and disclosure matters, including compliance with relevant corporate laws, stock exchange listing standards, SEC reporting/compliance, drafting and reviewing SEC disclosures (Forms DEF 14A, 10-K, 10-Q, 8-K), and documentation such as board and committee minutes and resolutions.
    • Designed and launched Board of Directors evaluation service.
    • Established and led Asia Pacific Division business unit, achieving growth from $250k to $1.5m ARR in 3 years.

    EQ Fund Solutions

    Director of Research •August 2006 - July 2010

    Lyndhurst NJ 08/2006 - 07/2010
    The premier provider of proxy solicitation and shareholder communication services for the mutual fund industry.

    Director of Research
    • Shaped and executed all research projects on corporate governance topics for '40 Act companies and '34 Act firms.
    • Pioneered foreign investor proxy solicitation in Taiwan, creating a market monopoly in 2 years, fostering competition, and inspiring diverse service offerings.
    • Average increase of sales revenue 53% YoY for first three years of highly technical sales into Taiwan market.

    Kelly Law Registry

    Attorney •November 2005 - July 2006

    New York NY 11/2005 - 07/2006
    Kelly Services is a global leader in workforce management solutions offering staffing services to top companies across a variety of industries.

    Attorney
    • Reviewed, analyzed, and interpreted various mortgage-backed securities financing documents.
    • Condensed bond closing document portfolios into concise packages for efficient offsite management.
    • Organized and catalogued documents for Sarbanes-Oxley compliance.

    Education

    The Catholic University Of America, Columbus School Of Law

    Juris Doctor

    Union College

    Bachelor of Arts

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