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A single trigger change of control provision allows an executive to receive benefits immediately upon a defined event, such as a company acquisition, allowing them to exit the company. However, this provision is disfavored because acquiring companies often prefer to retain existing management. In contrast, a double trigger change of control provision occurs when the initial transaction happens, but the executive only receives benefits if they are terminated within a specified timeframe thereafter. This structure encourages retention of the management team post-acquisition, making double triggers more common in contracts.