Molburg v. Hunter Hosiery, Inc.

The plaintiff was employed by the defendant on a full-time basis from June 1, 1955 to November 1, 1957, when his employment was “terminated” by the defendant. He had thus been fully employed through the last quarter of the fiscal year which ended August 31, and he was eligible to share in the final distribution which was made on or about November 20, 1957, unless he was precluded by his discharge on November 1, 1957.

The contention of the defendant is that since its officers reserved to themselves the exclusive right to interpret the plan, including the eligibility of any employee thereunder,…