golden parachute

In the event of an involuntary termination, Mr. Agrawal was entitled to a so-called golden parachute payment of $60 million, according to a Twitter securities filing.

Snyder isn’t deserving of a golden parachute any more than was Mozilo, who at last look was living out his golden years in a Santa Barbara, Calif., mansion while still denying any responsibility.

“I have never, ever heard” of a governor providing such a golden parachute to an appointee who resigned, he said.

Facing problems he caused from all directions, Snyder has the chance to escape on a golden parachute.

Musk is trying to get out of paying senior executives’ golden parachute deals.