State v. Bennett, 24124 (9-10-2008)

DECISION AND JOURNAL ENTRY

{¶ 1} Appellants, Buckeye Corrugated, Inc., and its individual directors (collectively, "BCI"), appeal the judgment of the Summit County Court of Common Pleas that resolved several post-settlement issues in favor of Appellee Roy K. Allen. We reverse.

{¶ 2} This is the second appeal in a case that settled more than two years ago. On May 3, 2006, the parties reduced their understanding to writing in a document they refer to as the "Term Sheet," which provided for payments from BCI to Mr. Allen in biannual installments for ten years:

"[T]he balance shall be evidenced by…