Golden Parachute

One concept. Four tiers of command. Which do you speak?

Category: Negotiation

Foundational Lexiconbig exit bonus
Executive Parlancechange-of-control compensation
Scholarly Discourseexecutive severance protection
Babel ZenithGolden Handshake
Origin: Executive Compensation

Etymology & Meaning

Large benefits paid to executives if they lose their job due to acquisition.

In the Boardroom

Negotiating your exit package before the merger closes.

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