Business Pitch Dictionary by pitch.dog
Founder & employee equity · Working

Double-trigger acceleration

Also called: double trigger

ELI5

Two events must happen before equity vests faster.

Used in conversation

“The founder has double-trigger acceleration.”

Definition

Vesting acceleration requiring two events, commonly a change of control and later termination or role reduction.

Here “Double-trigger acceleration” means: Vesting acceleration requiring two events, commonly a change of control and later termination or role reduction.

Pitch context

You will see “Double-trigger acceleration” in fundraising decks, data rooms, term sheets and investor conversations when the discussion reaches founder & employee equity.

Why it matters: In founder & employee equity, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 5

Direct term-level sources and supporting source families.