Creating legal risks: NDAs can create legal risks for both parties, particularly if the terms of the agreement are too broad or if the agreement is not properly enforced. If the NDA is breached or is found to be unenforceable, the parties may face legal liability and reputational damage. Dam...
Seller shall provide and maintain throughout the term of this Agreement, inclusive of any warranty obligations, the following insurance:(a) Workers’ Compensation: Statutory in accordance with the state or jurisdiction in which the services are being performed;(b) Employers’ Liability in the amount...
A Non-Disclosure Agreement (NDA) policy can help your organization protect confidential information, including trade secrets, business strategies, and proprietary data. It sets clear expectations for employees, mitigates risk of information leaks, and potentially prevents legal disputes and financial losses...
Define Non-Shared Collateral Pledge Agreement. means the Amended and Restated Non-Shared Collateral Pledge Agreement, substantially in the form of Exhibit D, among Allied Waste, the Borrower, Subsidiary Loan Parties (other than BFI and its Subsidiaries)
§ 4165.02(A)(10). For example, an employee who made false and negative remarks about his or her former employer when soliciting customers for a new employer would run afoul of the Deceptive Trade Practices Act, exposing both himself or herself and the new employer to potential liability. ...
As a proper practice, you might consider putting a clause explicitly stating the non-binding nature of your agreement. This can help to eliminate any potential liability or confusion. Sign contracts legally online. While there are several differences between binding vs. non-binding contracts, there...
Avoid unlimited liability NDAs.If at all possible, try not to sign a non disclosure agreement that doesn’t specify liability. Unlimited liability puts you on the hook for an unknown amount of damage, which means any litigators will try to get as much money as humanly possible. Instead, insi...
liability for such a situation, most agreements include a provision like this one, disclaiming any relationship other than that defined in the agreement. We recommend that you include such a provision and take care to tailor it to the agreement. For example, if you are using it in an ...
This Agreement governs the stock plan account (a self-directed brokerage account) (“Stock Plan Account”) established for me by Morgan Stanley Smith Barney LLC (“MSSB”) for the purpose of administering grants of awards pursuant to an equity compensati
Limitation of Liability (Section 5): The following paragraph is added to this Section: The limitations and exclusions specified in the Agreement will not apply to damages caused by IBM with fraud or gross negligence, and for express warranty. ...