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What is Cherokee Laboratories Contract Appeal about?

This document summarizes a court case between Joseph B. Pierson and Cherokee Laboratories, Inc. regarding an oral retirement contract. It went through three trials. The key facts are that Pierson agreed to retire from Cherokee in exchange for $7,500 per year for life. Later this was amended to $5,000 per year, a company car, expenses, and consulting work. Pierson fully performed his obligations but was not fully paid. The court ultimately ruled in favor of Pierson, finding the oral contracts to be valid and

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Scribd Government Docs

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EN