Getting comprehensive power over your papers at any time is essential to alleviate your day-to-day duties and improve your productivity. Achieve any objective with DocHub features for papers management and hassle-free PDF editing. Gain access, change and save and incorporate your workflows with other protected cloud storage.
DocHub offers you lossless editing, the possibility to use any formatting, and securely eSign papers without having looking for a third-party eSignature software. Get the most of the document managing solutions in one place. Consider all DocHub features right now with your free of charge account.
The text discusses the differences between single trigger and double trigger change of control provisions in executive compensation. A single trigger change of control occurs when a company is acquired, allowing the executive to exit immediately upon the acquisition event. However, this provision is rarely seen as it can discourage the acquiring company from retaining the existing management team. In contrast, a double trigger change of control provision requires both an acquisition and the termination of the executive within a specified time frame for the executive to benefit from the exit. This mechanism is more common, as it allows the new company to retain management while providing a safety net for executives in case of termination following an acquisition.
