The plaintiff, a 59-year-old executive with 18.5 years of service, was terminated without cause by the defendant employer.
The court awarded a 24-month reasonable notice period, finding that the plaintiff's age, tenure, and executive position warranted the maximum standard notice.
The court also awarded damages for a discretionary bonus that was unfairly denied in the year prior to termination, and damages for restricted stock units and stock options that would have vested during the notice period, calculated based on the plaintiff's historical holding patterns.
Claims for a bonus during the notice period and for aggravated and punitive damages were dismissed.