GOLDEN HANDCUFFS
\ɡˈə͡ʊldən hˈandkʌfs], \ɡˈəʊldən hˈandkʌfs], \ɡ_ˈəʊ_l_d_ə_n h_ˈa_n_d_k_ʌ_f_s]\
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Contractual reasons that keeps a key employee or a former owner working with a firm. A penalty for premature termination could require relinquishing all unvested stock. In exchange, the person might get higher salary, added benefits, stock options, and/or lump sum bonus.
By Henry Campbell Black
Word of the day
Dopamine Acetyltransferase
- An enzyme that catalyzes the of groups from acetyl-CoA to arylamines. They have wide specificity for aromatic amines, particularly serotonin, and can also catalyze acetyl transfer between arylamines without CoA. EC 2.3.1.5.