- 4 - as office manager and corporate secretary and eventually took over most of Barbara’s duties. By the late 1980's, Barbara would typically work 2 to 3 days per week. She continued to receive a weekly paycheck from petitioner during the period from 1983 to 1989, in amounts ranging from $225 per week in 1983 to $375 per week in 1989. There was tension between Barbara and Walter after their divorce that was apparent to other employees of petitioner. The tension grew during the late 1980's, causing some disruption in petitioner’s office. Effective May 1, 1989, Barbara agreed to retire from petitioner and rendered no further services after that date. Also on that date, Barbara executed two agreements: (1) An agreement between herself and petitioner entitled “Pension Agreement” (Pension Agreement); and (2) a “Stipulation, Agreement and Order” between herself and Walter (Settlement Agreement). The Settlement Agreement concerned the settlement of the respective rights and obligations of Barbara and Walter following their divorce; it was captioned to reflect their divorce proceedings and also signed by a judge of the Family Court of the State of Delaware. The Settlement Agreement made specific reference to, and attached a copy of, the Pension Agreement. The Pension Agreement, executed by Walter on behalf of petitioner, provided in relevant part as follows:Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Next
Last modified: May 25, 2011