Atherton Online Video Network Inc. Former executive failed to provide notice of "good reason" for terminating the employment agreement, thus executive was not entitled to compensation under agreement. Case went to arbitration and was not reversed in District Court.
Birdall v. Suit Kote Corp Employee signed stock option agreement containing various provisions causing a forfeiture if he voluntarily resigns. However, if employee sought retirement under company plan, he would have three months following retirement to exercise options. Court held against both parties on summary judgment. Case provides a good discussion about what it means to voluntarily resign employment.
Needham v Candie's Inc Employee brought breach of contract action against former employer. Court held against employee because failed to show notice provision and opportunity to cure were not futile.
Tredway v. Merck & Co. Inc Employee entered stock option agreement with employer. Employer then enters into joint 50/50 venture with another company. Employee chose to leave and claim all unvested stock options. Court ruled against employee, holding that under the stock option agreement, he terminated his employment "for any reason."