Legal Question in Civil Litigation in Missouri

Re: agreed compinsation

You could certainly try to enforce the agreement, but generally, employment agreements need to be in writing, and there are some problems with any case where the issues in the case are "he said" and "she said" types of issues.

Also, if the CEO promised to continue your salary as long as the company was solvent, and cut your pay in order to protect the company and remain solvent, a judge might well view this as an act of good faith since, if the company was headed for insolvency the CEO might not have had any obligation to pay you based on the condition (solvency) in his original promise.

This is a rough answer based only on the facts that you've given me. It does not purport to be a complete answer because there may be many more facts you have not disclosed. You should see an attorney for a definitive answer to your question.