Startup Terms Glossary
What is Double Trigger Acceleration?
Double-trigger accelerations are startup vesting options based on the occurrence of two separate events. Therefore, if one trigger happens and not the other, then acceleration doesn’t occur. However, if both provisions are triggered, then the acceleration clause goes into effect as well as any other contingent provisions.
Double Trigger Acceleration Examples
Examples of double-trigger accelerations include:
- Example 1. Sale of the company
- Example 2. Transfer in ownership of the startup
- Example 3. Startup founder termination
Here’s a page about double trigger accelerations.
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