I'd like a $10million dollar bonus too! But I really don't expect any money at all.
It would be interesting to know just what this guy's contract says, and how any bonus is computed.
Although paying the CEO that bonus would be a public relations disaster, it could be that the wording of his employment contract would make the company OWE him the money. And if they refuse to pay him, very possibly the courts would force them to give him the money, assuming his lawyers can prove his case. And going through a trial might cost the company a whole lot more than $10million.
If the CEO cares anything about the company, he will not press the matter any farther. But maybe he is on his way out anyway, and he is just trying to come out the best way he can.
It sure does sound like he has some large, brass ones though!
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let�s make one more addition to our series on hydraulics. I�ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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