golden parachute agreement

См. также в других словарях:

• golden parachute — gold·en para·chute n: an agreement providing for generous compensation to an executive upon dismissal (as because of a merger) Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. golden parachute …   Law dictionary

• golden parachute — golden parachutes N COUNT A golden parachute is an agreement to pay a large amount of money to a senior executive of a company if they are forced to leave. [BUSINESS] Golden parachutes entitle them to a full year s salary if they get booted out… …   English dictionary

• Golden parachute — A golden parachute is a non contractual agreement between a company and an employee (usually upper executive) specifying that the employee will receive certain significant benefits if employment is terminated. Sometimes, certain conditions,… …   Wikipedia

• golden parachute — A slang term for a termination agreement which shelters executives from the effects of a corporate change in control. Koenings v. Joseph Schlitz Brewing Co., 126 Wis.2d 349, 377 N.W.2d 593, 598. Such an agreement generally provides for… …   Black's law dictionary

• golden parachute — A slang term for a termination agreement which shelters executives from the effects of a corporate change in control. Koenings v. Joseph Schlitz Brewing Co., 126 Wis.2d 349, 377 N.W.2d 593, 598. Such an agreement generally provides for… …   Black's law dictionary

• golden parachute — noun Date: 1981 a generous severance agreement for a corporate executive in the event of a sudden dismissal (as because of a merger) …   New Collegiate Dictionary

• golden parachute — an employment contract or agreement guaranteeing a key executive of a company substantial severance pay and other financial benefits in the event of job loss caused by the company s being sold or merged. [1980 85] * * * …   Universalium

• golden parachute — noun An agreement between a company and an employee, usually an executive, specifying that the employee will receive certain significant benefits if employment is terminated …   Wiktionary

• golden parachute — gold′en par′achute n. bus an employment agreement guaranteeing an executive substantial compensation in the event of dismissal as a result of a merger or takeover • Etymology: 1980–85 …   From formal English to slang

• golden bungee — n. A lucrative package paid to an executive that includes severance pay for leaving the company and cash, options, or some other incentive to remain associated with the company. Example Citation: Under the terms of the agreement, McGinnis will… …   New words

• tin parachute — an employment agreement guaranteeing a worker compensation, esp. in the form of bonuses and benefits, in the event of dismissal as a result of a merger or takeover. [1985 90] * * * tin parachute, a contract guaranteeing continued wages and… …   Useful english dictionary