(Reuters) – Twitter Inc (NYSE:) Parag Agrawal, CEO of the Social Media Company, would receive an approximate $42 million in compensation if he was fired after 12 months. Equilar research suggests that this is based on a transfer of control.

Elon Musk, a billionaire, agreed to purchase Twitter on Monday for $44 Billion. This would end its tenure as a publicly traded company that began in 2013.

Musk had stated in April 14, in securities filings, that he didn’t have confidence in Twitter management.

Equilar’s estimate includes a year’s worth of Agrawal’s base salary plus accelerated vesting of all equity awards, an Equilar spokesperson said, based on Musk’s offering price of $54.20 per share and terms in the company’s recent proxy statement.

Twitter representatives declined to comment about Equilar’s estimate.

Agrawal (previously Twitter’s chief tech officer) was elected CEO in November. According to Twitter’s proxy his total compensation in 2021 was $30.4million, most of it being stock options.