Fisher Controls International, Inc. v. Marrone
Supreme Court of Iowa
1Opinion of the Court
CARTER, Justice.
Michael Marrone, an employee of plaintiff, Fisher Controls International, Inc. (Fisher), appeals from an adverse judgment in a breach-of-eontract action brought against him by Fisher. Marrone’s employment with Fisher was terminated on March 12, 1992, as part of an overall staff reduction. At about that time, he entered into a “severance agreement” with Fisher under which he was paid a lump sum of $38,527.34. That amount substantially exceeded the termination benefits to which he was otherwise entitled under the terms of his contract with Fisher. There was a clause in the…
2Cases cited2 opinions
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