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Ontario Court Rules that Dismissal “At Any Time and For Any Reason” Termination Clause is Unenforceable

Ontario Court Rules that Dismissal “At Any Time and For Any Reason” Termination Clause is Unenforceable

by Ava Clarke, Jasmine El Hamidi | Dec 5, 2025 | Articles

A recent decision from the Ontario Superior Court, Chan v. NYX Capital Corp., 2025 ONSC 4561, has affirmed that a termination clause which allows termination “at any time and for any reason” is unenforceable. The ruling aligns with the Court’s prior decisions in...
Lose Your Job, Lose Your Equity? Ontario Court Confirms Restricted Stock Units Can Be Forfeited

Lose Your Job, Lose Your Equity? Ontario Court Confirms Restricted Stock Units Can Be Forfeited

by Jasmine El Hamidi | Aug 15, 2025 | Articles

In a recent decision, Wigdor v Facebook Canada Ltd, 2025 ONSC 4051, the Ontario Superior Court upheld the enforceability of restricted stock unit (“RSU”) agreements that provide for the forfeiture of unvested equity upon termination even during the statutory notice...

Recent Posts

  • Ontario Court Rules that Dismissal “At Any Time and For Any Reason” Termination Clause is Unenforceable
  • $5 Million Message to Employers: Ontario Court Enforces Anti-Reprisal Provisions from the Ontario Securities Act in Landmark Ruling
  • Lose Your Job, Lose Your Equity? Ontario Court Confirms Restricted Stock Units Can Be Forfeited
  • I was hired as a remote worker. Do I have to start working from the office?
  • Court Awards Human Rights Damages of $125,000 in Workplace Sexual Harassment Case

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