Examlex
Sinkholes result from ________________.
Golden Parachute
A contract provision that gives a company's executives significant benefits if they are terminated as a result of a merger or takeover.
Golden Parachutes
Large financial compensation packages agreed upon by a company and its top executives, which are triggered if the executive is terminated as a result of a merger or takeover.
Generous Compensation
A form of payment or reward given, typically above the average or expected amount, acknowledging someone's work or contribution.
Takeover
The acquisition of one company by another, either through a friendly acquisition or hostile bid.
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