Indefinite NDA - Intern Contract Pls Help
Hi, I'm spending my summer at a series B startup (ignore title) that works on something that i would be interested in exploring in the future (i.e. i want to work on the same kind of problem, with a similar solution but one that works differently). I thought this internship would be a stepping stone to learning how the startup ecosystem in that industry works, so that I could later build something of my own.
However, I was handed the contract a few days ago and it mentions an indefinite NDA + non-solicitation. So I can't reach out to the same investors for funding? Their clients are the kind of clients I would either be reaching out to or working for (if I chose traditional job).
This feels wrong to me but I have no point of reference and do not know any lawyers. Could someone please guide me?
bump - pls
An NDA is common even for interns but you may be able to negotiate a tail (1-2 years for example). A non-solicit agreement is more rare, but again you can probably negotiate a tail to it.
thank you so much. im trying to understand if this would preclude me from starting my own venture in the same space (i.e. AI for x industry).
bump
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looks like reaching out to a lawyer is the only option now. thanks.
Reach out to a lawyer. This sounds predatory. I wouldnt sign it.
yeah i turned down the offer after they refused to change the terms (they insisted on at least a year for non-solicitation and NDA + IP issues). thanks so much : )
no summer job now but im going to spend it building instead.
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