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In 2019, the Jon Bold sold his public relations firm, Truth-Soul, to the defendants, Publicis S.A., a British global communications company, and its American subsidiary. The sale involved two contracts: 2 • a stock-purchase agreement pursuant to which Bold sold all of his stock in the firm to the defendants. o Underthestock-purchaseagreement,theBoldreceivedaninitialpayment of $3 million and stood to earn “earn-out” payments of up to $4 million if PD achieved certain levels of earnings before interest and taxes during the three calendar years after the closing; and • an employment agreement pursuant to which Bold was to continue as chairman and CEO of the new company, named Publicis-Dialog (PD), for three years. o The employment agreement described Bold’s duties as the “customary duties of a Chief Executive Officer.” Within six months of the closing, signs of financial problems appeared, including the loss of PD’s largest pre-acquisition client. In March 2021, Bold was removed as CEO of the business and given several options, including: (1) leaving the firm, (2) staying and working on new business, and (3) coming up with another alternative. Thereafter, Bob Bloom, former chair and CEO of Publicis USA, and Bold exchanged a series of emails, which culminated in a March 28, 2021 message from Bloom that set forth his understanding of the parties’ terms regarding Bold’s new role at PD as follows: • “Thus, I suggested an allocation of your time that would permit the majority of your effort to go against new business development (70%). I also suggested that the remaining time be allocated to maintaining/growing the former Truth-Soul clients (20%) and involvement in management/operations of the unit (10%). This option, it would seem, is in your best interest because it offers the best opportunity for you to achieve your stated goal of a full earn- out. When I suggested this option, you seemed to have considerable enthusiasm for it and expressed your satisfaction with it so I, of course, assumed that it was an option you preferred.” • Bold responded with an email that stated, among other things, “I accept your proposal with total enthusiasm and excitement…. I’m psyched again and will do everything in my power to generate business, maintain profits, work well with others and move forward.” • Bloom responded that he was “thrilled with Bold’s decision.” Each of the email transmissions bore the typed name of the sender at the foot of the message. Bold subsequently filed a lawsuit based on the terms of the original employment agreement and filed a motion for summary judgment claiming that the email exchanges did not constitute “signed writings”.
Brief the case. Provide the facts, the issue, the rule of law, and the conclusion made by the court. use your own words

 
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