Golden Parachute

Significant benefits, including cash bonuses, stock options and severance pay, provided to a senior executive in the event of a merger or acquisition where the executive is terminated; often used as an antitakeover device to discourage unsolicited takeover attempts.

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Roy G.
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Heather N.
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[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]