OTHER NEWS - April 20, 1995
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<i> Times Staff and Wire Reports</i>
Former L.A. Gear Executive Ends Consulting Agreement: Mark R. Goldston has ended his $750,000-a-year deal with the troubled Santa Monica-based footwear company and agreed to terminate half his options to buy L.A. Gear stock. In return, Goldston is receiving a $1.9-million lump-sum payment from L.A. Gear. Goldston signed a four-year consulting deal with the company when he resigned as L.A. Gear’s president and chief operating officer in June, 1994.
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