Golden Parachute Clause 金降落伞条款 

在并购交易中，Golden parachute是指公司被兼并或收购后，如果高管被解雇，保证向高管提供高额补偿金或丰厚的福利待遇。设置Golden parachute的好处是留住人才，降低或消除并购中的利益冲突，以及减少敌意收购。但同时也存在部分争议，即需要公司支付大笔款项，存在道德风险，可能无法防止敌意收购。

A golden parachute consists of substantial benefits given to top executives if the company is taken over by another firm, and the executives are terminated as a result of the merger or takeover. Golden parachutes are contracts with key executives and can be used as a type of anti-takeover measure, often collectively referred to as poison pills, taken by a firm to discourage an unwanted takeover attempt. Benefits may include stock options, cash bonuses, and generous severance pay.

Golden parachutes are thus named as such because they are intended to provide a soft landing for employees of certain levels who lose their jobs.

例句1

A golden parachute is an agreement between a company and an employee (usually an upper executive) specifying that the employee will receive certain significant benefits if employment is terminated. These may include severance pay, cash bonuses, stock options, or other benefits.

金色降落伞是公司和员工（通常是高层管理人员）之间的协议，规定如果雇佣关系终止，员工将获得一定的重大利益。这些可能包括遣散费、现金奖金、股票期权或其他福利。

例句2

Golden parachute clauses can be used to specify the lucrative benefits that an employee will receive if the employee is fired. The term is frequently used to describe the dismissal of top executives as a result of a takeover or merger. Severance pay in the form of cash, a special bonus, stock options, or the vesting of previously-awarded compensation are all examples of golden parachutes.

金降落伞条款可以用来规定如果雇员被解雇，他将获得的丰厚的福利。这个术语经常被用来描述由于接管或合并而解雇高层管理人员。现金形式的遣散费、特别奖金、股票期权或之前奖励的补偿都是金降落伞的例子。

例句3

A golden parachute is contract put into place during a merger or an acquisition. This is known as ‘change-in-control’ benefits. A golden parachute serves as an incentive or form of compensation for certain executives in exchange for the ending of their employment. For example, if an executive is being forced out during a company merger, he might be offered a golden parachute.

金降落伞是在合并或收购过程中签订的合同。这就是所谓的“控制权变化”的好处。金降落伞是对某些高管的一种激励或补偿形式，以换取他们终止雇佣关系。例如，如果一名高管在公司合并时被迫离职，他可能会得到一顶金降落伞。

例句4

A golden parachute is a clause in an employment agreement that protects the employee in the event of termination. The best time for CISOs to set up golden parachute clauses is before being hired. This is when demand for prospective employees is highest and when employers are most willing to make concessions in their favor.

金降落伞条款是雇佣协议中的一项条款，在合同终止时保护雇员。CISOs设置金降落伞条款的最佳时间是在被雇佣之前。这是对未来雇员需求最高的时候，也是雇主最愿意做出有利于他们的让步的时候。