Double Trigger Acceleration
Double Trigger Acceleration refers to a two-step requirement before a founder’s shares receive accelerated vesting (e.g., a change of control plus the act of being fired by the company usually within a certain time frame). Double trigger acceleration is more common than single trigger acceleration.
ACCELERATE YOUR STARTUP LAW KNOWLEDGE!
Startup Law doesn’t have to be a confusing maze. The practical knowledge in "Acceleration: What All Entrepreneurs Must Know About Startup Law" will help you make the smart decisions to protect your startup and its future. Available in ebook and hardcover.
Buy the Book on Amazon