As the indemnified party, do you exclude Indemnity obligations from the LoL cap?

like
Posting as :
works at
You are currently posting as works at

Yes, always. Also exclude negligent and willfully misconduct. Breach of confidentiality if I can get it.
Just keep adding those exceptions til the cap disappears. 😎

like

Why is League of Legends capped in your indemnity?

likefunny

Lol. Negligence or Gross Negligence?

like

As always, it depends. Thanks.

And except for a breach of data as this event can be incredibly expensive.

like

I always try.

@GCSC 1, do you set a super cap on data breach liability? Curious.

Got it. Thanks. ^^

Depends on the likelihood/magnitude of my indemnification obligation vs likelihood/magnitude of indemnification obligation on the CP. Sometimes it’s counterproductive to carve out the cap if my indemnification obligation is much greater than CPs under a contract, especially if likelihood/magnitude of CP is nil.

Related Posts

During a 90 minute model test are you typically expected to build out the full pro forma B/S?

like

Hi everyone,
Can anyone pls connect me directly to the manager for onboarding, instead of company's job refferal id wise, coz mostly none of the companies actually reach out. I'm tired of current organisation's politics and want to quit. But due to 90 days notice period not getting any calls for interview.
I'm a PLSQL developer and data analyst using Excel and Tableau (basic), currently I have 2 yoe also having fair knowledge unix and java as well.
Please help.
Thankyou!

like

Got Amazon career essentials (ACE) assessment to complete for Business Analyst role
To anyone who has experience with it- What kind of work simulation questions should I be expecting?
Is there a way I can prepare for it or any resources one must know of?

like

Hi Fishes,
Could you please help me with how is the wlb and job security in DBS? I have got an offer in treasury & market unit as an application developer. Thanks in advance

like

So I had 3 deals scheduled to either close end of May or mid June which were all pushed to end of June/beginning of July. Which is when I have my first vacation planned for over a year (I take 0 time off). My whole family is flying up and we’re renting a cabin near me. What do I do? I’m running one of the deals, semi running the other one and not doing much leading on the other one. Note: I was supposed to not be running any of these. Do I find a back up first or tell the partners first?

like

🙌 this is what we’re talking about right here.

Post Photo
like

The pandemic, mental health issues, and financial stress caused my work to suffer. What do I do?

like

Anyone in the hospitals seeing the increase in monkey pox? How are y’all doing? You are not alone.

like

$12K at an AD or $9K on the grey market? Where do you draw the line on AD versus grey?

like

Anyone bullish AF on CCIV?

like

Any info on the agency Heartbeat in NY?

like

Rookie question: Can you get ahold of financial information for Canadian and US private companies for light DD/early screening?

like

Serious Question: I had a good natured debate with a prominent UX consultant about this, and I wanted a range of opinions. How many designers deliver work with notes about their design choices and decisions attached? Many experienced designers I’ve had the pleasure of working with provide fairly detailed summarizations their work (think >8-10 years of experience). Is that something that you do? Is that something you would do? Do the people you work with find it valuable?

like

Hi Fishes... I have cleared interview with Wipro and while uploading the documents i uploade document but they mentioned LOA & education certificate are incorrect so i re-uploaded them but again they mentioned LOA is incorrect.. so i connected with the person who sent me the link to upload the doc but no help from her.. i tried to open the link today (17th March) evening but the link was not opening... what will be the next step.. how can i upload it again.. Need your valuable advice.. TIA

I have a VC/GE interview coming up (phone screen) and personally don’t know much about the space , it’s just an area that has always seemed interesting.

Does anyone have Recommendations on how to get up to speed/good questions to ask during the phone screen?

I would assume the first call will be pretty standard to any other company, but just want to be prepared.

like

Thoughts: Match type segmented by ad group or campaign?

like

I'm a software engineer, and I've been working remotely for my entire career. I love the flexibility and autonomy that remote work gives me, but there have definitely been times when it's been hard to feel like I'm on an even playing field with my colleagues in the office.

like

Hi 🐠,

I have recently joined Infosys and they have put me in a project where I will be the only guy working in the team and the team lead is at the onsite location. Are such projects good? Because I haven’t worked like this anywhere before.

TIA :)

like

Additional Posts in Corporate Transactional Law

First 70 billable hour week and am dying. How do some of you do this on a regular basis?

like

Is it possible to be a “silent” investor (party A) with a friend who’s an accredited investor (party B)investing in a company? So if B is investing $50k in a company, and A wants to give B $25k of that investment, is this possible with an agreement between A and B, where they’re responsible for their own portion of taxes?

I understand a CofC is triggered in an equity deal, but is that also triggered in an asset deal (along with assignment, obviously)?

like

Any recommendations for a book/podcast/self study materials for a new finance attorney? I have no background in finance and was assigned to a finance group. Help me!!

like

Are there State/federal (or other laws) that govern the closure of a store? The entity owns other stores and will not be dissolving. Just shutting down one of its stores.

likehelpful

Does anyone have insights into corporate group at Saul Ewing? Culture, pay etc.?

like

Why provide redlines against the original draft instead of the last turn when sending drafts to opposite counsel?! This profession makes no sense.

like

I have billed 4+ hours today helping a partner prepare a 10 slide PowerPoint for a board meeting tomorrow. Let’s say half of the time was fixing spacing and formatting. I really don’t care as I am billing all of it, but am I wrong in thinking this is unjustifiably too common and a waste of time?

like

Any book recommendations on Clinical Trial Agreements?

like

Anyone here who started in a general corporate or commercial trans group that later transitioned to a more specialized group (M&A, funds, financing, etc.)? If so, what made you switch and are you happy with the change/what has your experience been like?

like

First interview at a biglaw firm. Just graduated and want to pursue transactional areas, no prior experience. I feel like I’m a risk of a hire in their eyes so any advice?

What is Citis C12 equivalence in TD? ( I am in Citi Canada and have offer of L10 at TD Canada)

likehelpful

Do any real estate lawyers out there know of/can direct me to a ROFO agreement to purchase commercial property? I’m working on one now (but using a ROFO to purchase equity interests as a basis) and would like to see what other people are doing. Finding a good one has been hard, as this kind of thing isn’t always required to be filed with the sec and every search I’ve done basically pulls up garbage. Also, are there any provisions you’d consider absolutely crucial from the owner’s side?

like

Anyone use charts for contract review? If so, what headings do you put in the first row?

likefunny

Any suggestions on resources for corporate contract drafting? I have been largely responsible for employment matters and basic contracts. Starting to work on buy/sell of goods and services; not huge but also not employment agreements. Looking for refreshers... been a while since law school and the bar. Thanks

like

Anyone looking to relocate or in Cinci Ohio to work for a great team in a wonderful top 100 firm… dm me please! :)

Any PwC in-house attorneys in this bowl? I’m looking for some additional insight into a position I’ve been discussing with a recruiter.

like

For folks looking for new roles (either actively or passively), where are you looking? What sites, apps, etc. (I'm interested in hearing about option *other* than recruiters.)

like

What's the biggest salary jump you've made in CTL, and how did you do it?

like

Currently a staff attorney in US firm, hoping to secure the permanent position as Associate after contract ends. Any advice?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal