Created: 1 year ago | Updated: 8 months ago | Created By:
Maliha Mou
Maliha Mou
Voluntary retirement
Topic: India
A golden handshake is a clause in an executive employment contract that provides the executive with a significant severance package in the case that the executive loses his or her job through firing, restructuring, or even scheduled retirement. This can be in the form of cash, equity, and other benefits, and is often accompanied by an accelerated vesting of stock options.

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