Joining an Incubator. Concerned About 2 Items in The Contract. Advice?
dctoedt: Suggestions:A) Be sure the agreement includes a suitable confidentiality clause obligating the other side -- see http://www.ontechnologycontracts.com/clauses-for-contracts/c... for some sample clauses and commentary.B) Consider adding a reasonableness qualifier -- e.g., in 1):  "The Incubatee shall, permit the Licensor to participate to a reasonable extent in agreed negotiations or discussions in respect of Incubatee's business activities or the financing thereof."C) In # 2, consider asking to add an upon-request qualifier, and limit the obligation to providing copies of what you already have.  Example:  "The Incubatee shall, after expiry or termination of Agreement or after graduation and for five (5) years thereafter, upon the Licensor's reasonable request, provide the Licensor [STRIKE: on regular intervals agreed on,] with copies of any written reports developed by the Incubatee showing its business status ...."Usual disclaimer:  This isn't legal advice, I'm not your lawyer, consult a licensed attorney, YMMV, etc., etc.