Golden Parachute

What is Golden Parachute?

1.

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.

Larry Johnston, the biggest douche bag in the world is getting a 120 million dollar golden parachute for destroying Albertsons, one of the largest grocery chains in America.. Fuck him..

See golden, benefits, golden handshake
78

Random Words:

Sweetie Momma
1. What a younger guy calls his older 'lady' - hopefully meant affectionately!! Hey, you're my one and only sweetie momma! ..
Read more
Jezrael
1. Someone who joins the Army because they got picked on for being a nerd all throughout highschool. After joining the Army, got even more ..
Read more
Jared Katz
1. also known as Nick Jonas Jared is Nick Jonas Jonasssss brotherrrrr Jared Katz is jonas brotha See nick, jonas, jared, katz..
Read more

Best StartPage for your browser.

All you need for a faster workflow in one place.



Get it for Free