Farzad Askari v. Endevco, Inc.

CourtCourt of Appeals of Texas
DecidedJuly 2, 2009
Docket14-08-00278-CV
StatusPublished

This text of Farzad Askari v. Endevco, Inc. (Farzad Askari v. Endevco, Inc.) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Farzad Askari v. Endevco, Inc., (Tex. Ct. App. 2009).

Opinion

Affirmed and Memorandum Opinion filed July 2, 2009

Affirmed and Memorandum Opinion filed July 2, 2009.

In The

Fourteenth Court of Appeals

_______________

NO. 14-08-00278-CV

FARZAD ASKARI, Appellant

V.

ENDEVCO, INC., Appellee

On Appeal from the 11th District Court

Harris County, Texas

Trial Court Cause No. 06-34662

M E M O R A N D U M   O P I N I O N

In this breach of contract case, appellant, Farzad Askari, appeals a take-nothing judgment in favor of appellee, EnDevCo, Inc.  In three issues, Askari argues the trial court erred in (1) ruling the contract was unambiguous, (2) disallowing Askari=s parol evidence to explain the contract, and (3) allowing EnDevCo to introduce parol evidence.  Because all dispositive issues of law are settled, we issue this memorandum opinion and affirm.  See Tex. R. App. P. 47.4.


I.  Factual and Procedural Background

On July 11, 2002, Askari executed a consulting agreement with John Adair, then Chief Executive Officer of EnDevCo=s predecessor, Adair International Oil and Gas.  As of July 11, 2002, Askari had been working for Adair International for almost a year, but had not been paid.  The agreement contained the following provisions, among others:

THIS CONSULTING AGREEMENT (the _Plan_) is made the 1st day of August 2001 among Adair International Oil and Gas, Inc., a Texas Corporation (the _Company_) and Mr. Farzad Askari, who will execute and deliver this Plan on the date of engagement by the execution and delivery of the Counterpart Signature Pages which are in the form as set forth on Exhibit _B_ (the _Consultants_).

WHEREAS, the Board of Directors of the Company has adopted a Consulting Agreement for compensation to consultants who are natural persons; and

WHEREAS the Board of Directors desires that the total compensation of this Plan be up to 903,889 shares of common stock, no par value per share, of the Company; and

WHEREAS, the Company will engage the Consultants to provide services solely at the request of and subject to the satisfaction of its President, and will avail itself to the services of Consultants; and

WHEREAS, a general description of the nature of the services to be performed by the Consultants and the maximum value of such services under this Plan will be listed in the Counterpart Signature Pages; and

NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, it is agreed:

Section 1

Compensation Plan


1.1       Engagement. The Company hereby engages the Consultants and the Consultants hereby accept such engagement, subject to the written request of the Company=s President, and agree to perform the services requested solely by the President of the Company to his satisfaction. The services to be performed by the Consultants hereunder shall be personally rendered by the Consultants, and no one acting for or on behalf of the Consultants, except those persons normally employed by the Consultants in rendering services to others.

* * *

1.3       Term. All services to be performed at the request of the Company by the Consultant shall be performed no later than one year from the date hereof, subject to the receipt of the President=s written request to perform such services, at which time this Plan shall terminate, unless otherwise provided herein.

1.5       Invoices for Services. Each of the Consultants agree to provide the Company, in consideration of the Compensation Shares, with a written invoice detailing the services duly performed and to be performed. Such invoice shall be paid by the Company in accordance with Section 1.4 above.  The submission of an invoice for the services performed by each of the Consultants shall be deemed to be a subscription by the respective Consultants to purchase Compensation shares at the price outlined in Section 1.4 above . . . .

1.7.      Delivery of Compensation Shares. On submission of an invoice for services performed by the respective Consultants, and duly verified to the satisfaction of the Company, one or more stock certificates representing such Compensation Shares shall be delivered to the respective Consultants . . . .


Exhibit B to the agreement contained a table of the AValue of Certain Services Performed@ from August 2001 through June 2002.  For each of the eleven months, the table listed a salary, a price per share, and a number of shares.  Notes following the table indicated a salary of $5,000 per month from August 2001 until January 2002, and a salary of $6,000 per month from February 1, 2002, until ninety days after a July 26, 2002 shareholders= meeting, with forty percent of the salary taken in stock and sixty percent in cash for each period.  The notes also indicated the agreement was to terminate ninety days after the July 26, 2002 shareholders= meeting if the company did not have adequate cash flow.

Within weeks after Askari signed the agreement, a proxy battle occurred, the company=s name was changed to EnDevCo, Inc., and Chris Dittmar eventually replaced Adair as Chief Executive Officer.  During the year preceding the proxy battle, Adair and another company officer were issuing stock certificates to brokers in Canada, where the stock was sold and proceeds then deposited in Houston accounts, including a joint account held by Adair and his secretary.  The new management team fired all employees who had worked with the Adair team, including Askari.  Askari subsequently sent EnDevCo=s chief operating officer a letter demanding payment.  A copy of the consulting agreement was attached to the letter.  Dittmar ultimately decided there was no basis for Askari=s claim.

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Farzad Askari v. Endevco, Inc., Counsel Stack Legal Research, https://law.counselstack.com/opinion/farzad-askari-v-endevco-inc-texapp-2009.