The revised Termination Without Cause provision in
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Posted On: 06/20/2020 4:18:53 PM
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The revised Termination Without Cause provision in the recent 8k filing doesn't exactly feel like a golden parachute to me. Yes, it is incrementally higher for NP, but it's not exactly a windfall. At the same time, it's hard not to remember NP's recent comment that everyone is replaceable.
I was quite struck by this at the time. It seemed timely, as if something were going on behind the scenes shareholders aren't privy to. Time will tell I supposed.
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