Terms and Conditions of Contracts for Projects from POME by Gautam Koppala VT
certain period of time after the disclosure of confidential information. Non-solicit provisions are generally inappropriate for an NDA, unless a specific necessity to protect specific key employees is identified. Non-solicit provisions must be approved by the SBU General Counsel. No exceptions. Project/ Product/ Services Organization does not request non-solicit provisions in conjunction with the execution of an NDA.
Stand-stills on Investment. The other party may request that Project/ Product/ Services Organization agree not to take an ownership position in the other party for a certain period of time after the disclosure of confidential information. Stand-stills on investment are generally inappropriate for an NDA. If requested by the other party, a stand-still on investment must be approved by the SBU General Counsel in
Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72