Golden parachutes | Practical Law

Golden parachutes | Practical Law

This practice note provides an explanation of the term "golden parachute" and the issues that need to be taken into account by an employer when considering whether to enter into a contract with a director which contains a golden parachute clause in the event of a change of control.

Golden parachutes

Practical Law UK Practice Note 6-201-6322 (Approx. 24 pages)

Golden parachutes

by Practical Law Employment (based on an original by Nicholas Robertson and Elizabeth Hodgkinson, formerly of Mayer Brown International LLP)
Maintained • England, Wales
This practice note provides an explanation of the term "golden parachute" and the issues that need to be taken into account by an employer when considering whether to enter into a contract with a director which contains a golden parachute clause in the event of a change of control.