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Federal Courts -
1st Circuit Court of Appeals - January 20 - January 27, 2010
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Bukuras v. Mueller Group, LLC, Nos. 08-2160, 08-2161,
UNITED STATES COURT OF APPEALS FOR THE FIRST CIRCUIT, January 20, 2010, Decided
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Overview: Employer was not required under employment agreement to include employee's transaction bonus in the calculation of his severance payment because transaction bonus was not paid or payable for fiscal year immediately preceding his termination and was, thus, outside scope of severance provision, and parties intended "the bonus" to mean "annual bonus."
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