1. Do my daughter and I have any recourse for severance pay, verbal commitments to salaries and ownership shares along with protecting us as corporate officers from liability once terminated?
A: Under Cal. Labor Code 2922, all employment in California is "at-will," unless there is a written agreement between employer and employee providing for a specific future contract termination date more than one month after the date of commencement of employment. This means that the employer can terminate the employee at any time, for any reason, or for no reason at all.
There are exceptions for unlawful discrimination (race, color, nationality, religion, sex age or disability) -- exceptions for public policy (jury duty, witness subpoena, reporting employer criminal activities to law enforcement) and exceptions for breach of implied covenant of good faith, which gives damages to an employee where an employer violates a written disciplinary policy as part of the suspension, demotion or termination of an employee.
But, absent some specific connection to one of the above-descriped exceptions, an employer can simply say, your services are no longer required, effective immediately, and that ends the employment, without any further liability.
That said, a corporate officer, generally can't be fired without a vote of the board of directors/trustees, unless there are corporate bylaws or resolutions to the contrary. Cal. Corp. Code § 312(b).
I don't know what sort of control your President actually has, but it may or may not be as great as he claims.
Note: You mention in your question that the President was offering you a small ownership share. Nonprofit corporations do not have owners, and the provision of any ownership share to any person would instantly convert the corporation into a for-profit entity, both for federal and state tax purposes, and for every other legal purpose. So, this comment concerns me, because it suggests that the management does not understand corporations law at all, or that there is some sort of shenanigans in play.2. What are our rights as corporate officers against wrongful termination and harrasment?
A: See #1, above.
3. Does termination require a majority vote of the complete board of directors or does his majority shares as president allow him to terminate us without any recourse?
A: See #1, above.
Hope this helps.
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