Which term refers to payments companies make in connection with a change in ownership or control of a company?

Name: Which term refers to payments companies make in connection with a change in ownership or control of a company?
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A golden parachute is a benefit or payment offered to executives or key employees in the event of a merger or acquisition, and typically includes a payment to the employee if their company is bought out and they are let go from their position.

Which Term Refers to Payments Companies Make in Connection with a Change