8 Example Sentences Showcasing the Meaning of 'Golden Parachute'
When the company merged, the top executive activated his golden parachute, receiving a substantial severance package.
During the merger talks, the board discussed implementing a golden parachute agreement to retain key leadership in uncertain times.
High-ranking officials often have golden parachutes to ensure financial stability in case of unexpected terminations.
Employees at lower levels often wish for benefits similar to a golden parachute in times of job uncertainty.
The high-ranking executive was relieved to have a golden parachute when the company faced financial challenges.
During the negotiation, the executive insisted on including a golden parachute clause in the contract to secure a safety net in case of termination.
The golden parachute provision was invoked when the company announced its intention to merge with a competitor.
The golden parachute arrangement provided executives with a sense of security amid the uncertainty of the corporate world.