Papermaster countersues; IBM to put up $3M

TalkBack 1 of 13:

Next »

• Thread View
• Flat View

Copied text from two images to make it readable for screen readers

Beginning of Image 1 to Text:

73. The noncompetition Agreement is also unreasonably broad in that it purports to impose an unreasonably lengthly time limitation. In the world of technology, any trade secrets that Mr. Papermaster possesses would lose their value prior to the expiration of a year. The purported geographic scope of the "Restricted Area" is similarly unreasonable. Mr. Papermaster has resided and worked in Austin, Texas for the past 17 years, yet the language of the Noncompetition Agreement purports to restrict him from working anywhere in the world based on the global scope of IBM's business. Again, these restrictions are not necessary to protect any legitimate interests of IBM.

End of image 1 to text.

Beginning of image 2 to text.

ORDERED that a bond be filed by Plaintiff on or before November 14, 2008 at 5:00 PM, in the sum of $3,000,000, and that Defendent may recover from Plaitiff under said bond all costs and damages, if any, suffered by him in the event that Plaintiff does not succeed in the action.

End of image 2 to text.

Posted by: Grayson Peddie   Posted on: 11/14/08 You are currently: a Guest | Members login | Terms of Use

Alert moderator to an offensive message

Subscribe to this discussion via Email or RSS

SponsoredWhite Papers, Webcasts, and Downloads

• Five Steps to Determine When to Virtualize YourServers VMware Server virtualization isn't just for big companies. Entry-level ... Download Now
• Three Steps You Need to Know to Stop Data Loss Varonis Sensitive data exposed to misuse or loss... it is the stuff of nightmares ... Download Now
• The True Costs of Virtual Server Solutions VMware In an economic environment that is repeatedly heralding the message "do ... Download Now