In plaintiff’s breach of employment contract case against his former employer over stock option purchase dispute, district court’s grant of summary judgment in favor of plaintiff is affirmed as the employment contract unambiguously allows plaintiff to exercise all of the shares he accumulated during his 25-month tenure with the company, and as such, he is entitled to exercise option to purchase 138,900 shares of the company stock, not 34,722 shares.
Read Lewitton v. ITA Software, Inc., No. 08-3725
Appellate Information
Appeal from the United States District Court for the Northern District of Illinois, Eastern Division
Decided October 28, 2009
Judges
Before: Bauer, Kanne, and Evans, Circuit Judges
Opinion by Evans, Circuit Judge
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