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The World Law Dictionary Project

English may be the common language of the world, but the Common Law is not the common law of the world

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e.g. principle, consideration, jurisdiction
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golden parachute clause noun


an agreement between a company and an employee (usually a top-level executive) under which the employee will receive certain benefits if employment is terminated (sometimes used to prevent takeovers)
Frequently, golden parachute clauses contain language that states these benefits may only be available if the company is taken over by another company.

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jurisdiction consideration principal

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