Perie v Uramin Incorporated in British Columbia T/A Areva Resources Southern Africa (28154/2011) [2013] ZAGPJHC 320 (11 December 2013)
The court found that the written employment contract was the exclusive memorial of the agreement between the parties and was silent on any obligation to compensate the plaintiff for forfeited BHP Billiton share options. The evidence did not support the existence of an express oral agreement to provide such compensation, either through a new incentive scheme, a phantom scheme, or a cash payment. The sign-on bonus was introduced to address the plaintiff's concerns but did not constitute compensation for lost share options. The plaintiff failed to discharge the onus of proving the alleged oral terms. The retrenchment agreement issue was rendered moot by the court's finding on the main claim....
- Citation
- [2013] ZAGPJHC 320
- Parties
- Plaintiff: Carolyn Perie; Defendant: Uramin Incorporated in British Columbia t/a Areva Resources Southern Africa
- Court
- South Gauteng High Court, Johannesburg
- Jurisdiction
- South Africa
- Judgment Date
- 11 December 2013
- Case Number
- 28154/2011
- Procedural Posture
- Civil Trial / Final Judgment
- Outcome
- Plaintiff's claim dismissed with costs.
- Judges
- K Satchwell
- Legal Topics
- Employment Contract, Specific Performance, Parol Evidence Rule, Share Options, Retrenchment Agreement
Case Brief
Summary, issues, holding and outcome
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Parties
Carolyn Perie
Plaintiff
Uramin Incorporated in British Columbia t/a Areva Resources Southern Africa
Defendant
Procedural Posture
Civil Trial / Final Judgment
Legal Issues
- 1 Whether the employment contract included an oral term obliging the defendant to compensate the plaintiff for forfeited BHP Billiton share options.
- 2 Whether the written employment agreement was the exclusive memorial of the parties' agreement, precluding reliance on alleged oral terms.
- 3 Whether the retrenchment agreement settled all claims between the parties, including the claim for compensation for lost share options.
Ratio Decidendi
The court found that the written employment contract was the exclusive memorial of the agreement between the parties and was silent on any obligation to compensate the plaintiff for forfeited BHP Billiton share options. The evidence did not support the existence of an express oral agreement to provide such compensation, either through a new incentive scheme, a phantom scheme, or a cash payment. The sign-on bonus was introduced to address the plaintiff's concerns but did not constitute compensation for lost share options. The plaintiff failed to discharge the onus of proving the alleged oral terms. The retrenchment agreement issue was rendered moot by the court's finding on the main claim....
Court Disposition
Plaintiff's claim dismissed with costs.
Orders
- Plaintiff's claim is dismissed with costs.
Full Case Text
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