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TCQ Standard Bailment Agreement Schedule a Variation Fuel Form

TCQ Standard Bailment Agreement Schedule a Variation Fuel Form

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so tell me a little bit about you know changing control Provisionals you know first of all what's the difference between single trigger and double trigger and change control so a single trigger change of control is when there's a basically an exit in effect you know whether it's an asset purchase a stock purchase but a defined situation when usually a company's acquired okay and a single trigger means that upon the happening of that event the executive basically gets to parachute out yeah okay I haven't seen a single trigger change of control provision a lot time as you can imagine there disfavored because it may be that the new company coming in making the acquisition actually wants the management team to stasher so so it becomes almost a disincentive so that's becoming unusual double trigger is when there's this transaction or exit yeah and within a certain defined period of time the executive is terminated yeah okay and at that point the executive gets to in effect parachute out ri

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