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Contract?!! We don't need no stinkin' contract

UK to Billy Clyde

I'm mildly amused at what's going on behind the scenes at UK with Billy C.  

It boils down to this:  UK is refusing  to define  "termination for cause" in Billy's Memo of Understanding.  So UK can in reality fire Billy anytime it damn well chooses for ...whatever.

(UK is also refusing to flesh out the Memo into a contract--an action which is just basic business and is even called for in the Memo!)

This is hard-ball negotiating at it's ugliness and crudest-- i.e. when you've got a guy tied up and you've got the all the leverage, you crush him, rather than deal at least somewhat fairly.

This kind of negotiating is generally done by ego-heads (surprise!) and comes back to haunt you one day.

Strap in tight, Billy....this ride could be a doozy

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