Contract analysis
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Contract analysis / email-vasquez-to-whitford-hl-redline-summary.eml
email-vasquez-to-whitford-hl-redline-summary.eml
High · 2
Medium · 0
Standard · 0
1. Reduce the non-compete from 24 months to **18 months**;
High
⚑ Non-compete / exclusivity restraint
1. Reduce the non-compete from 24 months to **18 months**;
2. Narrow the geographic scope from worldwide to **North America and Western Europe**;
2. Narrow the geographic scope from worldwide to **North America and Western Europe**;
3. Narrow the activity definition to a more targeted formulation (we will propose specific
3. Narrow the activity definition to a more targeted formulation (we will propose specific language);
4. Maintain the **6-month garden leave at base salary**, running concurrently with the fir
High
⚑ Non-compete / exclusivity restraint
4. Maintain the **6-month garden leave at base salary**, running concurrently with the first 6 months of the non-compete period. These concessions are consistent with our enforceability analysis and would present a commercially defensible and reasonable package. We would hold firm on the CIC multiplier (2.5x), the best-net cutback (no gross-up), and rejection of the Board turnover trigger. **B. If These Concessions P