BIRDSALL v. SUIT-KOTE CORP.


241 A.D.2d 889 (1997)

661 N.Y.S.2d 97

Rod Birdsall, Appellant-Respondent, v. Suit-Kote Corporation et al., Respondents-Appellants

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

July 31, 1997


Casey, J.

In March 1983, plaintiff entered into a stock option agreement with his employer, defendant Suit-Kote Corporation, pursuant to which he had the option to purchase an aggregate of 828 shares of Suit-Kote's class B common stock over a period of 10 years and four months. As is relevant to this action, section 10 of the agreement provided that if plaintiff quit or was fired his option privileges would...

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