Word: forfeit
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Dates: during 1960-1969
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...also one of the strongest cords to tie a man to a corporation. At General Motors Corp., key executives are given cash and stock bonuses, plus options to buy G.M. stock based on the amount of their bonuses. Few leave for other firms because if they do they must forfeit their options and must also give up a big part of their bonuses, which are paid out over a period of five years...