Golden Parachute 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. AKA: Golden handshake.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). golden parachute. Retrieved September 30, 2026, from http://smartdefine.org/golden_parachute/definitions/1155013 |
| Chicago | Barry Goldsmith. 2010. "golden parachute" http://smartdefine.org/golden_parachute/definitions/1155013 (accessed September 30, 2026). |
| Harvard | Barry Goldsmith 2010, golden parachute, Smart Define, viewed 30 September, 2026, <http://smartdefine.org/golden_parachute/definitions/1155013>. |
| MLA | Barry Goldsmith. "golden parachute" 21 October 2010. Web. 30 September 2026. <http://smartdefine.org/golden_parachute/definitions/1155013> |