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In the private domain one gets a golden parachute.
Also, the company is prohibited from making golden parachute payments to a senior executive.
Miroljub is a skydiving instructor, he has been awarded the golden parachute mark since 2004.
He later became embroiled in controversies and lawsuits about his allegedly excessive pay package and $140 million golden parachute.
The local union paid him a golden parachute valued at $140,000.
Executive benefits (e.g. golden handshake and golden parachute plans), exceed this level and are taxable.
The exception to the general rule includes certain executive benefits (e.g. golden handshake and golden parachute plans) or those that exceed federal or state tax-exemption standards.
He left in 2007 in what was considered a surprise move, becoming a barrister again, and receiving a golden parachute package of approximately either 87,000 or more than 200,000.
They have devised a new language with scorched-earth policies; poison pills and golden parachutes are all part of the game.
What about the golden goodbyes, golden parachutes, given to people leaving firms, even when those firms have failed?
It stressed that the real performance of company directors should be reflected in their remuneration, including severance payments and everything relating to golden parachutes.
All manner of exotic devices have been invented to avoid that—golden parachutes, shark repellent, pacmac defences, greenmail and so on.
They must not think that they are off the hook today by taking measures - necessary measures, all the same - concerning reporting standards, financial supervision of rating agencies, or golden parachutes.
In addition, the bill limits' golden parachutes' and requires that unearned bonuses be returned.
Additionally, it had a provision for a shareholder vote on golden parachutes.
