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Normal or Red Flag when Asked to Remove items in your NDA “I will not promote”
Someone I got connected with is asking for sections in Legal Remedy to be removed from my NDA before signing, specifically "The Recipient hereby waives any requirement for the posting of any bond or other security in connection with the obtaining of any injunctive or other equitable relief. The prevailing Person or Party in any such litigation shall be entitled to payment of its legal fees and disbursements, court costs and other expenses of enforcing, defending or otherwise protecting its interest hereunder. The Recipient shall indemnify and save harmless Mr. “” and Mr. “”’s Representatives from all damages and losses of any nature whatsoever arising out of a breach by the Recipient or any of the Recipient’s Representatives of any of the terms and conditions of this Agreement." Is this normal? Everyone else has signed this without question. This person does have VC experience. What are your thoughts. Red flag or normal?1
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