NAMAD v. SALOMON INC.


74 N.Y.2d 751 (1989)

William Namad, Appellant, v. Salomon Inc., et al., Respondents.

Court of Appeals of the State of New York.

Decided July 6, 1989.


Attorney(s) appearing for the Case

Adam B. Gilbert for appellant.

Thomas J. Kavaler for respondents.

Judges SIMONS, KAYE, ALEXANDER, TITONE, HANCOCK, JR., and BELLACOSA concur; Chief Judge WACHTLER taking no part.


MEMORANDUM.

The order of the Appellate Division should be affirmed, with costs.

Plaintiff was an employee of defendant Philipp Brothers from February 1966 until December 1986. In February 1983, the parties signed an employment contract that included the following bonus compensation clause: "The amounts of other compensation and entitlements, if any, including regular bonuses...

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