golden parachute

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

And Zaslav could receive as much as $335 million more in tax reimbursements to cover excise taxes applied to “golden parachute” payments — which would amount to a total deal payout for him of $886 million.

From MarketWatch

Some $335 million would only kick in if the other payments trigger a 20% federal excise tax on “golden parachute” severance payments he receives.

From The Wall Street Journal

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.

From New York Times

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.

From Washington Post

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

From Washington Post