What is the meaning of Golden Handshake?

Golden Handshake is a clause in an executive employment contract that provides the executive with a lucrative severance package in the event of their termination. May include a continuation of salary, bonus and/or certain benefits and perquisites, as well as accelerated vesting of stock options.

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APABarry Goldsmith. (2010). golden handshake. Retrieved September 29, 2026, from http://smartdefine.org/golden_handshake/definitions/1155010
ChicagoBarry Goldsmith. 2010. "golden handshake" http://smartdefine.org/golden_handshake/definitions/1155010 (accessed September 29, 2026).
HarvardBarry Goldsmith 2010, golden handshake, Smart Define, viewed 29 September, 2026, <http://smartdefine.org/golden_handshake/definitions/1155010>.
MLABarry Goldsmith. "golden handshake" 21 October 2010. Web. 29 September 2026. <http://smartdefine.org/golden_handshake/definitions/1155010>
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