Legal Opinion
Tobin v. General Motors Corp.
Michigan Court of Appeals
Decided May 28, 1969No. Docket 5,468PublishedCited by 7 opinions
1Opinion of the CourtFitzgerald, J.
Leo W. Tobin, Jr., joined tbe AC Spark Plug Division of General Motors Corporation as an engineer in 1949. He rose rapidly in tbe organization and by bis severance in 1960 he was earning in excess of $50,000 a year.
A prerequisite of his employment was participation in the General Motors bonus plan and the General Motors stock option plan. Under the bonus plan, he was awarded benefits for 1957, 1958 and 1959, each subject to being “earned out”. For the years 1958, 1959 and 1960, he was granted stock options and other credits, also subject to being “earned out” under the terms of the plan. The…
2Cases cited1 opinion
- O'Madigan v. General Motors Corp.District Court, E.D. Missouri · 1961
3Cited by7 opinions
- Robert C. Bannert v. American Can CompanyCourt of Appeals for the Sixth Circuit · 1975
- Couch v. Administrative Committee of Difco Laboratories Inc.Michigan Court of Appeals · 1972
- Woodward v. Cadillac Overall Supply Co.Michigan Supreme Court · 1976
- Freeman v. Massachusetts Mutual Life InsuranceMichigan Court of Appeals · 1978
- Becker v. Pension FundMichigan Court of Appeals · 1975
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