M. v. Enthusiast Gaming Inc.
M. v. Enthusiast Gaming: Share Vesting Appeal
Appeal history
- Appeal from: M. v. Enthusiast Gaming Inc., 2025 ONSC 654 (CanLII)
Summary
This is an appeal to the Court of Appeal from a motion judge's summary judgment decision about a financial consultant's entitlement to unvested stock options. The plaintiffs, a consultant and his corporation, were retained by the defendant gaming company for financial services, but the relationship was terminated after five months. The motion judge decided that the consultant was not entitled to shares and options scheduled to vest at 12 and 24 months because the agreement was not a fixed-term contract and required his continued active service. The Court of Appeal agreed, finding that a vesting schedule does not automatically create a fixed-term contract. The appeal was dismissed, meaning the consultant's claim remains dismissed.
Outcome
appeal dismissed
Award
Costs awarded to respondents with set-off calculation
Key Factors
- fixed-term contract
- stock options
- vesting schedule
- summary judgment
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This summary was written by AI from the published decision and its headnote. It is not an official version of the decision; read the full text on CanLII before relying on it. This is legal information, not legal advice. Ontario Severance is an educational tool. If you are facing a serious employment law matter, consult with a qualified employment lawyer in Ontario.