Johnson v. Stanfield Capital Partners, LLC

In this action, plaintiff seeks to recover unpaid bonus compensation from his former employer. The employment agreement governing the parties’ relationship provides that, in addition to base salary, plaintiff “will be eligible for an annual performance bonus” which “will be determined based on the firm’s overall performance and your individual performance during the year. To receive a bonus for any year, you must be employed on the bonus payment date for that year.”

Pursuant to this agreement, plaintiff received more than $8 million in bonus payments for the years 2003 through 2005. He *629claims…