Category Archives: Executive Compensation

First Court of Appeals Construes an Executive Employment Agreement and Restricted Stock/Stock Option Agreements in Favor of the Employee

Today, the First Court of Appeals issued its decision in Hercules Offshore, Inc. v. Guthrie, No. 01-10-00968-CV (Tex. App. — Houston Feb. 28. 2013).  Ms. Guthrie entered into an Executive Employment Agreement.  The Agreement provided that, if Ms. Guthrie was terminated other than for cause with 24 months after a change of control for the… Read More »