Corporate & Securities Law

Yet Another Instance of Semantic Ambiguity: ?Salary?

By Ken Adams

The case of Citgo Petroleum Corp. v. Ranger Enters., 2009 U.S. Dist. LEXIS 58676 (Conn. Mar. 17, 2009), revolved around whether, as used in the context of a separation agreement, the word salary included bonuses. A careful drafter would want to avoid any confusion on that score.

By the way, I don’t intend to devote a post to each instance of syntactic ambiguity I encounter. But it’s a good idea for drafters to become attuned to the possibilities for confusion inherent in the most basic words, and I don’t think were yet at the point where the topic has become tedious.

Full post as published by AdamsDrafting on July 12, 2009 (boomark / email).