Bonus Based on Company-Wide Performance not “Earned Bonus.” Wife appealed the trial judge’s construction of an agreement that Husband, a Fidelity employee, pay wife 30% percent of “any gross bonuses or commissions earned by him through his employment.” Puzzlingly, the Appeals Court affirmed the judge’s conclusion that the husband’s obligation “should be measured only on the bonuses over which his performance (and that of his managed employees) is implicated, and did not include various incentive payments that were tied to the overall performance of Fidelity Company.” If there’s a lesson here, it might be to start including language in our agreements explicitly including compensation based on company-wide performance. Greeley v. Greeley, 85 Mass.App.Ct. 1116 (April 25, 2014) (Unpublished)
- Alimony
- Arbitration of Family Law Issues
- Attorney-Client Privilege
- Attribution of Income
- Beneficiary Designation
- Child Support
- College
- Contempt
- Dependency Exemptions
- Division of Assets
- Earned Bonus
- Earning Capacity / Imputed Income
- Earnings in a Sub-S
- Emancipation
- Financial Restraining Order on Assets
- Foreign Custody
- Grandparent Visitation
- Health Insurance
- Imputing Income
- Income Equalization
- Income of Second Spouse
- Inheritance
- Inherited Assets
- Joint Legal Custody
- Judicial Discretion
- Jurisdiction
- Life Insurance
- Marital Estate
- Mediation / Unauthorized Practice of Law
- Merger and Survival
- Modification
- Non-Disparagement Provision
- Parent Coordinator
- Parental Fitness
- Parenting Time
- Plan Document Rule
- Postnuptial
- Prenuptial
- QDRO
- “Real Advantage” Standard
- Restraining Order
- Retained Earnings
- Retroactive Support
- Rights of Unmarried Partners
- Same Sex Marriage
- Self-Employment Income
- Stock Options
- Valuation Date
