Taylor v. Berkheimers, Inc.

Plaintiff sued to recover compensation due under his employment contract following his termination on June 16, 1977, as vice president of defendant corporation. He alleged that his annual compensation included a bonus of ten percent of the corporate net profits and that defendant had refused to pay his bonus for fiscal year 1977. Defendant admitted in its answer that it had rejected plaintiffs demand for the 1977 bonus. As an affirmative defense, defendant alleged that plaintiff breached his fiduciary duty of loyalty as a corporate officer by: (1) paying a corporate employe $8,000 of company…