Related Posts
Is saas sales stressful?
Hi, any thoughts on FIG?
Best public courses in the San Diego area?
Additional Posts in Corporate Transactional Law
Is January generally a slow month for corporate?
Anybody know an employee at John Deere?
New to Fishbowl?
unlock all discussions on Fishbowl.
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. 😎
Why is League of Legends capped in your indemnity?
Lol. Negligence or Gross Negligence?
As always, it depends. Thanks.
And except for a breach of data as this event can be incredibly expensive.
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.