I agreed to come to work for a small company in order to use my 20 years experience to "take it to the next level and more". We agreed to a beginning salary and percentage of net profits. He also agreed to pay for my health insurance and buy a CD each year end. Although he signed a Profit Sharing Program agreement, he has yet to show me the proof of the CD's bought the past 5 or 6 years. I discussed these agreements with my close friends in Memphis, including a leading attorney in the city. My friends and family were aware of the agreement. Now, 9 years later the company has grown from $600,000 a year to over $2.5 million and there has been no effort to honor the agreement.
Can I sue for breach of contract on all points if part of it was verbal? I have people who knew of the deal.