DEAN MCCONLEY, PLAINTIFF-APPELLANT, v. T. C. VISIONS, INC. AND THOMAS G. REICHENBERGER, DEFENDANTS-RESPONDENTS., 2017 WI App 21

Summary

HOLDINGS: [1]-A former employee could not show that certain contract language was ambiguous because the contracts plainly specified that the former employee was not entitled to a bonus or any sale proceeds relating to a change in ownership of the former employer if he was terminated with or without cause more than six months prior to any such sale; [2]-The contract interpretation adopted by the circuit court did not render the 2011 contract illusory because the former employee's $25,000 purchased a right to an additional 5% of the proceeds from a sale of the former employer if certain conditions were met; [3]-The former employee could not show that summary judgment was improper under a case because the contract plainly prevented the former employee from sharing in the proceeds from any sale of the former employer occurring more than six months after the former employee's termination.