A Golden Parachute Clause Refers to

Multiple Choice

A golden parachute clause refers to

A) a pre-negotiated guarantee by the employer to pay specified compensation and benefits in the case of termination because of downsizing or restructuring.
B) when terminated employees are offered another job at the company that they were terminated from.
C) when terminated employees are offered a job at a former employer.
D) a service generally offered by an outside agency that can assist terminated employees in finding employment elsewhere.
E) when terminated employees are offered a job at a competing company.