Larson v. TANDY CORPORATION

Beasley, Judge.

Larson appealed the grant of summary judgment against him in his suit arising from Tandy Corporation’s termination of the business relationship between them.

Tandy is a nationwide retailer of electronic goods to the consumer market through a chain of stores doing business under the registered name “Radio Shack,” a division of Tandy. On November 1, 1974, Larson entered into a Special Manager Incentive Agreement (SMIA) with Tandy whereby Larson agreed to manage a store for compensation equal to one-half of the adjusted gross profit of the store as computed by a specified formula…