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KROEGER v. STOP & SHOP COMPANIES, INC.

13 Mass. App. Ct. 310 (1982)

432 N.E.2d 566

ROBERT H. KROEGER vs. THE STOP & SHOP COMPANIES, INC.

Appeals Court of Massachusetts, Suffolk.

March 16, 1982.

Attorney(s) appearing for the Case

Lawrence H. Adler for the plaintiff.

Paul F. Ware, Jr. (Joan I. Milstein & Andrew S. Hogeland with him) for the defendant.

Present: GOODMAN, PERRETTA, & KASS, JJ.

KASS, J.

For a decade the plaintiff, Robert H. Kroeger (Kroeger), scaled the corporate ladder at The Stop & Shop Companies, Inc. (Stop & Shop). His annual bonuses, added to his salary, were such as to stimulate Kroeger in 1961 to ask for a deferred compensation arrangement. In response Stop & Shop proffered a written agreement which, in the argot of the trade, applied "golden handcuffs." That is, should Kroeger "so long as he lives," go to work for a competing...

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