What is the difference between single and double trigger?

Single-trigger acceleration refers to the partial or full acceleration of vesting of someone’s options or stock based on the occurrence of a single event, i.e. that event is the “trigger” for acceleration. Double-trigger acceleration refers to acceleration based on the occurrence of two distinct events.

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Is single or double trigger better?

On the down side, those unused to having the choice can find it tricky to adjust, and a badly fitting double-triggered gun can leave a shooter with bruised fingers. A single trigger, people say, is more straightforward and is much more comfortable when used with the pistol grip found on most over-and-unders.

What is a double trigger change in control?

Double trigger acceleration requires the occurrence of two events for vesting acceleration to occur. Typically, this is a change of control and either termination without cause or the employee terminates for good reason.

What is a single trigger change of control?

A single trigger is any kind of event that causes an acceleration of the pre-set vesting schedule. Acquisition, or any change of control, of a startup by another company is the event that generally triggers these accelerations.

Why do some guns have two triggers?

The Two Triggers Serve as a Safety Purpose The biggest reason why Glock pistols have two triggers is that this serves as a safety mechanism. Even though the safety mechanisms of Glocks can vary slightly from handgun to handgun, most Glocks do not use the same safety features as traditional handguns.

How does double trigger work?

This approach is commonly referred to as “double trigger” acceleration upon an acquisition. It is so named because two events must occur before the employee stockholder will be treated as the outright owner without any risk of forfeiture-one, the company must be acquired, and two, the employee must be terminated.

Why do double barrel shotguns have two triggers?

Having two barrels lets the shooter use a more open choke for near targets, and a tighter choke for distant targets, providing the optimal shot pattern for each distance.

How common is single trigger acceleration?

The most common acceleration agreement these days combines 25% – 50% single trigger acceleration with 50% – 100% double trigger acceleration. The median of this range is probably 50% single trigger combined with 100% double trigger.

What is a double trigger gun?

A double-action revolver will have a trigger that both cocks the hammer and releases it in one pull and this will occur for every shot unless the hammer is pulled back manually before the shot.

What is a double trigger severance?

Double Trigger means a Change in Control (“first trigger”) and a Qualifying Termination of the executive’s employment by the company without Cause or by the executive with Good Reason (“second trigger”).

What is single selective trigger?

In a selective single-trigger system, it fires each barrel in a selectable sequence with a separate pull of the trigger. In other words, pulling the trigger twice will fire each barrel in turn and the sequence can be changed quickly and easily by means of a button or switch on the tang.

Are double-barrel shotguns more reliable?

Reliability. Double barrels simply have less moving parts than many other types of shotguns. As with most machines, the less moving parts, the lower the chance of one breaking. With no actions that jamb and no feeding failures, the double barrel’s simple design has proven to be reliable over many years.

What does a double trigger do?

A double-stage trigger requires two separate “pulls,” or mechanical actions, before the sear can release the firing pin. To oversimplify things, it means that the sear is held at two points instead of one, and unless both are released, the rifle can’t go bang.

How double triggers work RSU?

Many companies issue double-trigger RSUs. The “Double-trigger” indicates that two events are required before the employee owns the shares. Generally, the first trigger is time-based vesting and the second is a change in control or a liquidation event like an IPO.

What is a single trigger RSU?

In the case of single-trigger RSUs, an employee faces a tax obligation once their shares vest, even if a liquidation event hasn’t happened yet. That means the employee would have to pay a significant tax bill on the value of the vested grant without being able to sell shares to offset the liabilities.

Is a single stage trigger better?

Single-stage triggers can be faster than two-stage triggers on a millisecond level. Most refer to this as “split times”. The time it takes to get through the added weight of the second stage is greater than pulling through a consistent single stage.