By dholmes | Published February 28, 2013 | Posted in Executive Compensation, Recent Developments 2013 | Leave a comment
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First Court of Appeals Construes an Executive Employment Agreement and Restricted Stock/Stock Option Agreements in Favor of the Employee
Today, the First Court of Appeals issued its decision in Hercules Offshore, Inc. v. Guthrie, No. 01-10-00968-CV (Tex. App. — Houston Feb. 28. 2013). Ms. Guthrie entered into an Executive Employment Agreement. The Agreement provided that, if Ms. Guthrie was terminated other than for cause with 24 months after a change of control for the Read More
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