mario
07-12-2003, 08:51 AM
Your license agreement is a bit too scary for us to sign on. In particular, these clauses …
4.
Confidentiality. You agree that the Software and any other materials provided by Laszlo which are marked as confidential or proprietary (the "Proprietary Information") are the confidential or proprietary information of Laszlo. You shall hold in confidence and protect, and shall not use (except as expressly authorized by this Agreement) or disclose, Proprietary Information unless such Proprietary Information becomes part of the public domain without breach of this Agreement by you, your officers, directors, employees or agents. You shall limit access to the Software to your employees and consultants having a need for such access and who enter into written confidentially obligations at least as protective of Laszlo as those set forth in this Agreement.
5.
Equitable Relief. You acknowledge and agree that due to the unique nature of Laszlo's Proprietary Information, there can be no adequate remedy at law for any breach of your obligations hereunder, that any such breach may allow you or third parties to unfairly compete with Laszlo resulting in irreparable harm to Laszlo, and therefore, that upon any such breach or threat thereof, Laszlo shall be entitled to injunctions and other appropriate equitable relief in addition to whatever remedies it may have at law.
Which are completely disproportionate to your commitments of:
IN NO EVENT WILL LASZLO'S LIABILITY TO YOU UNDER THIS AGREEMENT EXCEED $100 IN THE AGGREGATE.
Given that it is entirely possible this product may not become real, our liability is scary. For a new product/technology offering, it does not attract.
The most worrisome aspect of this sort of license is that we won’t know what is Proprietary or Confidential until we’re knee deep. We suggest your legal department lighten up a bit and that you show more confidence in your offering.
Lastly, we think you have a great concept and at least from the outside, your product looks COOL. Hopefully, we can give it a try at some point.
Mario Pintaric
President (www.robjects.com)
mario@robjects.com
4.
Confidentiality. You agree that the Software and any other materials provided by Laszlo which are marked as confidential or proprietary (the "Proprietary Information") are the confidential or proprietary information of Laszlo. You shall hold in confidence and protect, and shall not use (except as expressly authorized by this Agreement) or disclose, Proprietary Information unless such Proprietary Information becomes part of the public domain without breach of this Agreement by you, your officers, directors, employees or agents. You shall limit access to the Software to your employees and consultants having a need for such access and who enter into written confidentially obligations at least as protective of Laszlo as those set forth in this Agreement.
5.
Equitable Relief. You acknowledge and agree that due to the unique nature of Laszlo's Proprietary Information, there can be no adequate remedy at law for any breach of your obligations hereunder, that any such breach may allow you or third parties to unfairly compete with Laszlo resulting in irreparable harm to Laszlo, and therefore, that upon any such breach or threat thereof, Laszlo shall be entitled to injunctions and other appropriate equitable relief in addition to whatever remedies it may have at law.
Which are completely disproportionate to your commitments of:
IN NO EVENT WILL LASZLO'S LIABILITY TO YOU UNDER THIS AGREEMENT EXCEED $100 IN THE AGGREGATE.
Given that it is entirely possible this product may not become real, our liability is scary. For a new product/technology offering, it does not attract.
The most worrisome aspect of this sort of license is that we won’t know what is Proprietary or Confidential until we’re knee deep. We suggest your legal department lighten up a bit and that you show more confidence in your offering.
Lastly, we think you have a great concept and at least from the outside, your product looks COOL. Hopefully, we can give it a try at some point.
Mario Pintaric
President (www.robjects.com)
mario@robjects.com