What is Golden Parachute?
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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..
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Random Words:
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A nasty, malicious and/or subtly unnerving text sent from someone (usually a current or ex-girlfriend) designed to get inside the recipi..
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Noun:/ When you finish a long workout or strenous game
take your hand and wipe the sweat from under your balls on your opponents hand ..
