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No Severance Pay for Constructive Termination (PDF)
National Association of Stock Plan Professionals via Utz, Miller, Kuhn & Eickman, LLC 
[Guidance Overview] Sept. 9, 2008 Excerpt: A federal appeals court has concluded that executives were not entitled to severance pay because they were not involuntarily terminated, but were instead, at least arguably, constructively discharged. The case is Mallon v. Trust Co. of New Jersey Severance Pay Plan, 2008 WL 2553027 (3d Cir. 2008). MORE >> |
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