Long v. Vertical Technologies, Inc.
Court of Appeals of North Carolina
1Opinion of the Court
JOHNSON, Judge.
Plaintiff Kenneth W. Long (Long) formed a corporation, Vertical Technology, Inc. (VTI) in 1984. VTI operated under the name of Backroom Systems Group, developing and selling computer programs to be used with small computers or PC’s in the financial industry. Plaintiff Robert C. Howe (Howe) was Senior Vice President and Operations Manager for VTI. In September 1988, VTI was purchased by defendant Mellon Bank (Mellon) and both Long and Howe entered into employment agreements with VTI for a term of three years; the agreements were identical except as to salary and bonus…
2Cases cited10 opinions
- Dickens v. PuryearSupreme Court of North Carolina · 1981
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