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The text explains the difference between single trigger and double trigger change of control provisions in executive contracts. A single trigger change of control occurs during an acquisition (asset or stock purchase) that allows an executive to receive benefits immediately upon the event, commonly viewed as unfavorable since new owners may prefer to retain the existing management team. Thus, single triggers are becoming rare. In contrast, a double trigger change of control requires a transaction followed by the termination of the executive within a specified timeframe for them to receive similar benefits, effectively acting as a safeguard for the company against sudden departures post-acquisition.