Legal Opinion
Namad v. Salomon Inc.
New York Court of Appeals
Decided July 6, 1989PublishedCited by 76 opinions
1Opinion of the Court
OPINION OF THE COURT
Memorandum.
The order of the Appellate Division should be affirmed, with costs.
Plaintiff was an employee of defendant Philipp Brothers from February 1966 until December 1986. In February 1983, the parties signed an employment contract that included the following bonus compensation clause: "The amounts of other *753compensation and entitlements, if any, including regular bonuses, special bonuses and stock awards, shall be at the discretion of the management * * *. Such bonuses as are awarded will be consistent with the customary policy of the company.” Plaintiff sued on the…
2Cases cited4 opinions
- Chimart Associates v. PaulNew York Court of Appeals · 1986
- Sutton v. East River Savings BankNew York Court of Appeals · 1982
- Two Guys v. S.F.R. Realty AssociatesNew York Court of Appeals · 1984
- Braten v. Bankers Trust Co.New York Court of Appeals · 1983
3Cited by76 opinions
- Fishoff v. Coty, Inc.Court of Appeals for the Second Circuit · 2011
- Burger King Corporation v. The Horn & Hardart CompanyCourt of Appeals for the Second Circuit · 1990
- Ryan v. Kellogg Partners Institutional ServicesNew York Court of Appeals · 2012
- Legal Aid Society v. City of New YorkDistrict Court, S.D. New York · 2000
- Cohen v. Avanade, Inc.District Court, S.D. New York · 2012
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