Supreme Court of Canada supports termination clause in stock award agreement, denies leave to appeal

Ontario Court of Appeal found worker misrepresented for years that he had read terms of agreement

Supreme Court of Canada supports termination clause in stock award agreement, denies leave to appeal

Employers may be pleased to learn that the Supreme Court of Canada recently denied leave to appeal of an Ontario Court of Appeal decision upholding a termination clause in a stock award agreement that limited an employee’s entitlements to stock awards upon termination of employment.

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