When’s A Bonus NOT A Bonus?
Q: Is the stock option Scott Williams received from his employer considered a ‘Bonus’?
In the case of Williams vs. Williams the question is whether the term “bonus” was to include stock options that Scott Williams received from his job. Scott’s separation agreement with his former wife, Susan, called for Scott to pay her 30% of any “bonuses” he received. The word “bonus” was not defined specifically in the agreement. We will have to stay tuned to find out who it turned out to be a “bonus” for – Scott or Susan.
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