Birdsall v. Suit-Kote Corp.

Cross appeals from an order of the Supreme Court (Relihan, Jr., J.), entered July 5, 1996 in Cortland County, which denied plaintiff’s cross motion for partial summary judgment and defendant’s motion for summary judgment dismissing the complaint.

*890In March 1983, plaintiff entered into a stock option agreement with his employer, defendant Suit-Kote Corporation, pursuant to which he had the option to purchase an aggregate of 828 shares of Suit-Kote’s class B common stock over a period of 10 years and four months. As is relevant to this action, section 10 of the agreement provided that if…