Pinkerton Tobacco Co. v. Melton

In this breach of contract case, The Pinkerton Tobacco Company appeals from a judgment based upon a jury verdict awarding a former employee, William H. Melton, damages for the company’s failure to pay him compensation under its “Long-Term Incentive Plan” (the Plan). According to its language, the Plan’s objectives are as follows:(a) To attract and retain key management personnel in order to ensure the short- and long-term success of the Company.(b) To provide incentive for such personnel that will tie their interests and motivations with those of the owners of the Company.(c) To provide…