Maresky v. Enthusiast Gaming Inc.
Maresky v. Enthusiast Gaming: Share Vesting Appeal
Summary
This is an appeal from a summary judgment decision involving former employees disputing the vesting of shares and options. The appellants argued their agreements were fixed-term contracts and that termination breached the duty of good faith, but the Court of Appeal upheld the lower court's finding that the agreements required continued engagement for vesting and were not fixed-term. The appeal was dismissed, and costs were awarded to the respondents.
Outcome
appeal dismissed
Award
Costs awarded to respondents with set-off calculation
Key Factors
- fixed-term contract
- vesting of shares
- duty of good faith
- summary judgment
- employment agreement
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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.