The sole consideration given to support defendant's promise to pay plaintiff a yearly sum of money, plaintiff's promise of "love and affection," did not suffice as a predicate for enforcement of the executory agreement (see, Parsons v Teller, 188 N.Y. 318, 324). Accordingly, plaintiff's first cause of action premised on said agreement was properly dismissed. Also without merit was plaintiff's claim in her second cause of action that defendant was obligated, as a shareholder...
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