| Restrictions | OK |
|---|---|
| Jurisdiction | Employment Relations Authority - Christchurch |
| Reference No | CA 2/03 |
| Hearing date | 12 Nov 2002 |
| Determination date | 17 January 2003 |
| Member | H Doyle |
| Representation | P Rice ; J Holden |
| Location | Christchurch |
| Parties | Webb v PDL Holdings Ltd |
| Summary | RECOVERY OF MONEY - Retention bonus - Oral agreement between respondent and applicant - Retention bonus payable on specified date or redundancy - No payment made - Respondent company sold to new owner - New owner denied agreement of retention bonus - Employment contract provided no variation unless in writing - Totality of dealings considered - Agreement reached - Intention to create legal relations - Though agreement was to be confirmed in writing it was not conditional on writing - No evidential dispute regarding existence of variation - Retention clause valid - Chief financial officer |
| Result | Application granted ; Other monies ($750,000)(Retention bonus) ; Interest (6 percent) ; Costs reserved |
| Number of Pages | 9 |
| PDF File Link: | PDF file not available for download, please contact us to request a copy. |