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DONALDSON v. DIGITAL GENERAL SYSTEM

No. 05-03-01794-CV.

168 S.W.3d 909 (2005)

Henry DONALDSON, Appellant, v. DIGITAL GENERAL SYSTEM, Appellee.

Court of Appeals of Texas, Dallas.

Rehearing Overruled August 25, 2005.

Attorney(s) appearing for the Case

Richard N. Countiss, Countiss Law Firm, Houston, Jody Sheets, Glast, Phillips & Murray, P.C., Dallas, for Appellant.

William David Dunn, Jeremy Martin, Gardere Wynne Sewell LLP, Dallas, for Appellee.

Before Justices MORRIS, BRIDGES, and RICHTER.

OPINION

Opinion by Justice BRIDGES.

Henry Donaldson, former president and chief operating officer of Digital General System (DGS), sued DGS for refusing to honor his alleged right to exercise stock options after he left the company. Donaldson argues that (1) his contract with the company permitted him to exercise the option within one year, not merely three months, after his termination; (2) his failure to submit a written demand to exercise the option was...

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