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Incentive Stock Options

By Matt Starkey What is it? An incentive stock option is a right or option granted by the sponsoring corporation to its employees to purchase shares of the corporation’s stock at a certain price for a specified period of time, notwithstanding an increase in the...

Golden Parachutes

By Stewart Koesten What is a golden parachute? Golden parachutes are severance and other compensation agreements that protect key employees from the effects of a corporate takeover or change in control. Payments under golden parachutes are triggered by a change in...

Golden Handcuffs

By Joni Lindquist What are golden handcuffs? The term “golden handcuffs” does not refer to one specific method of retaining key employees. Rather, it refers to a combination of any of a number of different rewards and penalties given to key employees to...