EAGLE v. EMIGRANT SAVINGS BANK

3371, 650314/13.

148 A.D.3d 476 (2017)

2017 NY Slip Op 01805

49 N.Y.S.3d 124

DAVID EAGLE, Appellant, v. EMIGRANT SAVINGS BANK, Respondent.

Appellate Division of the Supreme Court of New York, First Department.

Decided March 15, 2017.


Plaintiff seeks to enforce an employment offer letter providing that he was eligible for participation in defendant's carried interest compensation plan at a rate to be determined in defendant's sole discretion. However, the subject language in the offer letter lacks the requisite definiteness to be enforceable, since it provides neither the level of plaintiff's participation in the plan, nor a methodology or extrinsic standard for determining it (see Matter of 166 Mamaroneck...

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