Moderate as in bonus A bonus package or lucrative compensation provided to top executives in the event of their dismissal due to a takeover or corporate merger. Clear All
3 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.
During the negotiation, the executive insisted on including a golden parachute clause in the contract to secure a safety net in case of termination.
Report
Meaning
Contribute
Copied