HAGEL v. UNITED LAND CO.

Civ. A. No. 90-1683-A.

759 F.Supp. 1199 (1991)

Robert E. HAGEL, Plaintiff, v. UNITED LAND COMPANY, The Hagel Deferred Compensation Plan, United Federal Savings Bank, Ron Falls, and Thomas Bandy, Defendants.

United States District Court, E.D. Virginia, Alexandria Division.

April 9, 1991.


Attorney(s) appearing for the Case

Steven M. Levine, David Florin, Wilson, Elser, Moskowitz, Edelman & Dicker, Washington, D.C., for plaintiff.

John B. Raftery, Deckelbaum, Ogens & Fischer, Washington, D.C., for defendants.


MEMORANDUM OPINION

ELLIS, District Judge.

Introduction

This employment contract dispute raises the somewhat novel question whether an agreement providing for the payment of an employee's share of certain company profits in installments over a five-year period is an "employee pension benefit plan" or an "employee welfare benefit plan" subject to the provisions of the Employee Retirement Income Security Act of 1974, 29 U.S.C. §§...

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