Goudie v. HNG Oil Co.

OPINION

OSBORN, Justice.

James E. Goudie appeals from a judgment non obstante veredicto which denied him recovery of benefits under an employer’s executive incentive compensation plan after he had applied for and received early retirement from the company. We reverse and render.

Mr. Goudie was employed as regional geologist for HNG Oil Company from June, 1976, to June 1980. As an employee, he qualified for the company’s regular retirement program which covered all employees. Because of his position, he also qualified for and was assigned points by the Executive Compensation Committee which would…