September 19, 2018
Change-in-Control Agreements: Still Common
– Broc Romanek
A recent study by Meridian, based on 160 S&P 500 companies, examined the prevalence &structure of change-in-control agreements, finding that such agreements remain common – and that single-policy plans are increasing in prevalence. Cash severance is the most common benefit to provide in a change-in-control situation, with double-trigger vesting for unvested equity also increasing in popularity…
Also see this study of change-in-control agreements from Alvarez & Marsal…