Why have Gevo arranged for golden parachutes?

Gevo recently set up a change of control severance plan aka "golden parachute payments" for the company’s top executive officers. In this video I present three theories with possible explanations to why Gevo has made this lucrative arrangement for its executives.

LINKS TO VIDEOS & SOURCES
Gevo 8-K, Change of Control severance plan

Investopedia, Golden Parachutes

Change in Corporate Ownership or Control May Result in Golden Parachute Payments

Theory 1 :
Pearl Meyer webinar "Retaining key talent"

Harvard Law School: "Coping with a Change-of-Control Provision"

Theory 2:
Marketplace APM, "Hostile Takeovers explained"

FinanceKid, "Golden Parachutes explained"
Yahoo Finance

Coinbase: Is a takeover inevitable?

A $40 billion Merger Monday shows M&A appetite increasing after brutal 2022

Theory 3:
Bloomberg, Chevron CEO, Mike Wirth

Gevo FAQ with Lindsay Fitzgerald

[derekpoloncic]

This guy does amazing research on thirst videos that add real value for his audience and I always look forward to them

[FewcherisBright]

I enjoy viewing every one of your videos on Gevo. You put a lot of time and effort researching and gathering info. This one is no different. Thanks Bo!

[chewypoo]

Thank you for your knowledge and spent time for our beautiful GEVO.

[toddjesse]

Thank you for investing your time in this video!

[dansmith]

Another great vid, thanks RG and let's go gevo!

[bengieser]

This is why the Chevron negotiations are taking so long, they haven’t agreed on the “right price”. $15-20 would be nice right now, but waiting 4-5yrs and they will be generating $2-3 billion per year

[lennyburke]

Just watched this fantastic video Rg im always waiting for your videos or comments in the discord group as its always eases my mind thank you for your work 👍👍

[djcoreyp]

Great video RG, thank you! I don't know what gut feelings are worth, but I think they will see this thing through, get NZ1 built, prove that it's working, then get bought out to finish the remainder plants.

[haakonpederson]

An acquisition or merger is definitely in the cards but, like you said, it has to be for the right price. I highly doubt management would agree to anything below $10 per share.

[BD-beql]

what happens with our shares if a merges will take place ?