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FWIW, although I am not a lawyer, I do not read that the same way you do, to say that the waiver is unenforceable. Rather, it says that the corporation cannot u
by hundt 10y ago
FWIW, although I am not a lawyer, I do not read that the same way you do, to say that the waiver is unenforceable. Rather, it says that the corporation cannot unilaterally take away the right of inspection. That does not mean you cannot give up the right in exchange for something. In fact it strongly implies that you can as long as the waiver is "clearly and affirmatively expressed."
- toomuchtodo 10y agoGood call. I guess I'll need to exercise a share, serve an affidavit, and have it tested in court.
- hiram112 10y ago'Clearly and affirmatively expressed' meaning in terse legalese, 6 point font, on page 16, section 2, sub section iii of document #8 of your HR welcome package.
- btown 10y agoCould the option grant itself be consideration for the waiver? IANAL.