In the eye of a hurricane, there are quietly unexercised stock options

September 15, 2017
The case of Hibberd v. Hurricane Hydrocarbons Ltd involved various issues regarding many stock options that were not exercised that were part of a consultant contract.

What should a termination clause look like to qualify for use of the parol evidence rule?

June 01, 2017
If a termination clause is clearly worded and its meaning is clear and enforceable, the courts will likely apply the parol evidence rule with the result that a party whose contract is terminated will be unlikely to be able to establish that the termination clause was modified by a collateral contract.
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