Supreme Court of Texas

Employee incentive plan in parent company that terminated rights upon "the discontinuance of employment ... for any reason other than a transfer" applies when the parent company sells all the stock of its subsidiary to another company and employees continue to work for the subsidiary.

Appellate Information

• Argued 01/17/2001
• Decided 10/18/2001
• Published 10/18/2001

Judges

• Justice OWEN delivered the opinion of the Court.

Court

• Supreme Court of Texas

Counsel

• For Appellant:
  
• Joe W. Redden, Jr.,Harry Paul Weitzel, Beck Redden & Secrest, Houston, David E. Keltner, Jose Henry Brantley & Keltner, Fort Worth, John R. Gilbert, Gilbert & Moore, Angleton, for petitioner.


• For Appellees:
  
• Robert C. Hilliard, John T. Flood, Hilliard & Munoz, Roberta S. Dohse, Paul W. Nye, Chaves, Chaves Gonzales & Hoblit, Corpus Christi, Russell W. Heald, Hilliard & Heald, Beaumont, Audrey Mullert Vicknair, Bracewell & Patterson, Corpus Christi, for respondents.