FOLIO Ontology

Double Trigger Acceleration Clause

IRI:
https://folio.openlegalstandard.org/RWYcSQUDAGyvW8SbysBTTB
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Definition

A Double Trigger Acceleration Clause is a provision in a contract that allows for the acceleration of vesting or payment of compensation upon the occurrence of two specified events, such as a change in control of a company and termination of employment.

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Translations

🇫🇷 fr-fr Clause d'accélération à double déclenchement
🇪🇸 es-es Cláusula de aceleración de doble disparador
🇲🇽 es-mx Cláusula de aceleración de doble disparador
🇧🇷 pt-br Cláusula de aceleração de gatilho duplo
🇬🇧 en-gb Double Trigger Acceleration Clause
🇩🇪 de-de Klausel zur doppelten Auslösung der Beschleunigung
🇮🇱 he-il סעיף האצת טריגר כפול
🇮🇳 hi-in डबल ट्रिगर एक्सेलरेशन क्लॉज
🇯🇵 ja-jp ダブルトリガーアクセラレーション条項
🇨🇳 zh-cn 双重触发加速条款

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Additional Information

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Source and Origin

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