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Also known as: double trigger, double-trigger vesting

Double Trigger Acceleration

TechnicalLegalOperations

Definition

Double Trigger Acceleration: Double trigger acceleration requires two events for equity to accelerate vesting: typically a change of control (acquisition) AND termination of employment. It's more company-friendly than single trigger because employees must be let go to get acceleration.

Example Usage

“Her double trigger clause accelerated 100% of unvested shares when she was laid off 6 months after acquisition.”

Common Misconceptions

Double trigger equals single trigger. Single trigger accelerates on acquisition alone.
Everyone gets double trigger. It's typically negotiated for key executives and founders.
Termination means any departure. It usually requires involuntary termination without cause.

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