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In the context of change control provisions, a single trigger refers to a scenario where an executive automatically receives benefits upon the occurrence of a defined exit event, such as an acquisition. This type of provision is less common, as it can discourage new management from retaining existing leadership. On the other hand, a double trigger provision provides benefits to an executive only if there is both a transaction (like an acquisition) and subsequent termination within a specified timeframe. This approach is more favored as it aligns the interests of the new company with retaining valuable management while still providing the parachute benefits under certain conditions.