- 7 - department at UTA. By 1996, petitioner was the number one or number two revenue generator at UTA. Petitioner worked extremely hard. He worked long hours 7 days a week. During the first 6 years of his career, he took a total of only 4 weeks’ vacation. Petitioner fought aggressively for his clients. Petitioner was extremely successful in representing his clients. On January 27, 1992, petitioner and UTA entered into an employment contract (employment agreement). The employment agreement provided petitioner with base compensation of $350,000 per year with a 10-percent annual increase and a discretionary bonus. The employment agreement had a term of 5 years. The employment agreement provided that UTA could terminate petitioner at any time for “cause”. The employment agreement defined “cause” as: (1) A conviction for any felony that was materially injurious to UTA; (2) any breach by petitioner of any of the material terms or covenants of the employment agreement; or (3) any fraudulent, illegal, or immoral activity by petitioner that materially and adversely affected UTA or UTA’s reputation. Pursuant to the employment agreement, if UTA terminated petitioner for cause, UTA had no further liability to petitioner except for compensation accrued to the date of termination. The employment agreement also provided that UTA was not required to use petitioner’s services and had the unilateralPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011