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I always strike it and I don’t know any one that is okay with them
Conversation Starter
Also, do you typically have the same view on “feedback” clauses that grant perpetual, worldwide, paid up, royalty free license for suggestions, comments, ideas or know how to the Company?
Community Builder
I strike unless I'm negotiating against a party with SIGNIFICANTLY more leverage (i.e, startup vs. facebook)
Conversation Starter
Also, do you typically have the same view on “feedback” clauses that grant perpetual, worldwide, paid up, royalty free license for suggestions, comments, ideas or know how to the Company?
It depends on leverage, industry and purpose. I have the trifecta and so get it virtually all the time. We have major leverage and I’m in the finance industry where it’s more common.