Twitter CEO Parag Agrawal would get an estimated US$42 million if he were terminated within 12 months of a change in control at the social media company, according to research firm Equilar.
On Monday billionaire Elon Musk struck a deal to buy Twitter for US$44 billion, ending its run as a public company since 2013.Equilar's estimate includes a year’s worth of Agrawal's base salary plus accelerated vesting of all equity awards, an Equilar spokesperson said, based on Musk’s offering price of US$54.20 per share and terms in the company's recent proxy statement.Agrawal, previously Twitter's chief technology officer, was named CEO in November.
Give him his dues if or face court settlement.
'if'
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