Spain, J.
Third-party defendants, Harold E. Rist and Ruth M. Rist, were directors, corporate officers and majority stockholders of Glens Falls Communications Corporation (hereinafter the corporation), a business engaged in providing long-distance telephone service. In 1993 the Rists entered into an agreement with plaintiff, under which plaintiff would be hired as one of the corporation's officers; the objective of the agreement was to allow plaintiff an opportunity...
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