ADSIT v. QUANTUM CHEM. CORP.


199 A.D.2d 899 (1993)

605 N.Y.S.2d 788

Robert F. Adsit, Respondent, v. Quantum Chemical Corporation, Appellant

Appellate Division of the Supreme Court of the State of New York, Third Department.

December 30, 1993


Mercure, J.

In May 1979, Onteora LP-Gas Service, Inc. contracted to and did sell its assets to Suburban Propane Gas Corporation. Clause 8 (g) of the contract between Onteora and Suburban provided: "It is an essential term of this agreement that [plaintiff (Onteora's president and sole shareholder)] will be employed by the purchaser for a period of at least five (5) years at a salary and benefits commensurate with his twenty-two years of experience in...

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