Salesky

Salesky v. CRMNEXT CA1/1

Good Law
Court of Appeal of CaliforniaJune 11, 2024A168111California6,745 words

Opinion

Opinion

Wilson, J.

I. BACKGROUND

CRMNEXT is a Delaware corporation. It is a wholly owned subsidiary of Acidaes, a company incorporated under the laws of India. Salesky was CRMNEXT’s Chief Executive Officer. He signed an employment agreement with CRMNEXT that contained an arbitration provision. The arbitration clause provides, in relevant part, that “any and all disputes, claims, or causes of action arising from or relating to . . . [Salesky’s] employment, or the termination of [his] employment, including but not limited to statutory claims, shall be resolved” by binding arbitration. It further stated, “The arbitrator shall be authorized to award any or all remedies that [Salesky] or the Company would be entitled to seek in a court of law.” An appendix attached to the employment agreement provided that “[a] Stock Option Plan will be provided to grant 1% of the parent company in conjunction with this agreement.” A. Acidaes’s Stock Agreements A few weeks after signing the employment agreement, Salesky received a “Letter of Grant/Offer” from Acidaes inviting him to participate in Acidaes’s Stock Option Plan (the “Plan”). The letter stated that Salesky was being offered 207 stock options, which he could…

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