A golden parachute is a potentially lucrative wage contract that
compensates officers or other key executives of a corporation in the
event of a change in control.'
Epstein, Lynn A.
"Corporate Golden Parachutes: An Executive Bailout from Fiduciary Duty?,"
Nova Law Review: Vol. 9
, Article 4.
Available at: http://nsuworks.nova.edu/nlr/vol9/iss3/4