Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Golden Parachutes

A clause in an executive's employment contract specifying that he/she will receive large benefits in the event that the company is acquired and the executive's employment is terminated. These benefits can take the form of severance pay, a bonus, stock options, or a combination thereof.
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Golden Handcuffs

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Goodwill

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