Trial court correctly granted summary judgment in favor of defendants on plaintiff's claims for breach of contract. Terms of plaintiff's employment agreement and stock purchase agreement required plaintiff to own common capital stock when his employment was terminated. Because plaintiff failed to convert his shares of preferred stock into shares of common capital stock after a corporate cleanup, plaintiff was unable to establish breaches of those contracts. The trial court did not err by dismissing plaintiff's claim for breach of fiduciary duty, based on the manner of his termination, for failure to state a claim upon which relief could be granted where plaintiff failed to plead sufficient facts to give defendants fair notice of the nature of his claim.
MAPLETON, Ill., March 9, 2012 /PRNewswire-USNewswire/ -- For the past two years, the 125 workers at the Evonik Industries Co. chemical factory have been working without a labor contract and under imposed terms and conditions of employment. (Logo: http://photos.prnewswire.com/prnh/20080131/DC12982LOGO )
Appellant's claim regarding unpaid bonuses was subject to the terms of an arbitration clause within appellant's employment contract where a prior agreement regarding bonuses and compensation had been integrated into the employment agreement by reference.
A corporate executive was entitled to damages under state wage and hour law when he didn't receive bonus payments required under the terms of his employment contract, the Connecticut Supreme Court has ruled in affirming a $283,000 judgment. The defendant hired the plaintiff to be the company's chief operating officer and senior vice president. The plaintiff's two- year employment agreement required the defendant to pay him four bonuses based on the overall profitability of the company.
CIVIL - summary judgment; EMPLOYER/EMPLOYEE/EMPLOYMENT RELATIONS - terms of employment contract; nonfeasance.
...CHAPTER V: EMPLOYMENT AND TRAINING ADMINISTRATION, DEPARTMENT OF LABOR. ...H-2A Labor Contractor (H-2ALC). Any person who meets the definition of e...
CIVIL - summary judgment; EMPLOYER/EMPLOYEE/EMPLOYMENT RELATIONS - terms of employment contract; nonfeasance.
Contract; express terms; Civ.R. 53; waiver; employment.
After working for most of 2010 under the previous year's contract, local police officers have approved an agreement that will govern the terms of their employment through 2012. J. Thompson, president of Fraternal Order of Police Lodge 73, said the union on Thursday tallied votes for and against the proposed contract. According to a city news release, more than 80 percent of the officers who voted were in support of the agreement.
In a statement released on January 27, 2009, ASU announced that head football coach Ernest Jones has been terminated on the grounds of "malfeasance and contumacious conduct." The school's decision was reached after ASU said it fulfilled due process procedures as indicated under the terms of Jones' employment contract. In a statement released today, Alcorn State University (ASU) announced that head football coach Ernest Jones has been terminated on the grounds of "malfeasance and contumacious conduct." The decision was reached following ASU's fulfillment of due process procedures as indicated under the terms of Jones' employment contract. Collins will be assisted this season by offensive line coach Willard Scissum; defensive coordinator Zachary S. Shay; offensive coordinator Diño J. Daws...
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