The agreement to pay bonuses to employees at AIG Financial Products Corporation has been published in the New York Times.
Under the contracts, bonuses are forfeitable if AIG has terminated employment for “good cause,” which is defined in § 3.04(b) as
conduct involving intentional wrongdoing, fraud, dishonesty, gross negligence, material breach of the AIG Code of Conduct or […]
Filed under Employment contracts
Filed under Good faith covenant, Retaliation, Public policy tort
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