Terms and Conditions of Contracts for Projects from POME by Gautam Koppala VT

Published October 15, 2010

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

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