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> The document, dated April 11, 2016, references “Pre-Signing Bad Acts,” which covers behavior including fraud and trade-secrets theft, as well as “Post-Signing
by kcorbitt 9y ago
> The document, dated April 11, 2016, references “Pre-Signing Bad Acts,” which covers behavior including fraud and trade-secrets theft, as well as “Post-Signing Specified Bad Acts.” Misconduct in the latter time period wouldn’t be indemnified, “with the exception of retaining confidential information solely in the memory of an employee.”
I dunno, sounds like they were indemnifying him for anything he stole pre-aquisition. The "in memory" clause just means that they won't defend him for anything he went on to steal after signing the contract. Still looks pretty suspicious for Uber.
- non_sequitur 9y agoYeah it's not clear if they actually indemnify pre-signing bad acts though? What would be their incentive for indemnifying him for bad things he did at Google? I do agree I wouldn't have called it "bad acts" if I was drafting, "Pre-Signing Actions" sounds much better :)