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UCGal
ParticipantSo…
Just curious…
Is it ethical/ok/admirable that Hurd lied on his expense reports to cover up an affair?
Is it ethical/ok/admirable that Hurd dismisses his contractual obligations of his non-disclosure agreement?
I know you’re a fan, flu… but I’m thinking this guy is pretty slimy. Based 100% on the events of the past few months. Maybe he really is an upright, honest, guy… but I wouldn’t want to do business with him because he seems to play fast/lose with facts and contracts.
UCGal
ParticipantSo…
Just curious…
Is it ethical/ok/admirable that Hurd lied on his expense reports to cover up an affair?
Is it ethical/ok/admirable that Hurd dismisses his contractual obligations of his non-disclosure agreement?
I know you’re a fan, flu… but I’m thinking this guy is pretty slimy. Based 100% on the events of the past few months. Maybe he really is an upright, honest, guy… but I wouldn’t want to do business with him because he seems to play fast/lose with facts and contracts.
UCGal
Participant[quote=flu]Lol… HP once again demonstrating it’s retardedness.
Dude, you asked the guy to leave.
[/quote]That doesn’t free him from non-disclosure agreements… which in this case may limit him working for a direct competitor.
http://money.cnn.com/2010/09/07/technology/HP_Hurd/
..snip
HP (HPQ, Fortune 500) doesn’t appear to have had an explicit non-compete clause in its employment contact with Hurd, who stepped down last month in the wake of a sex scandal. Such clauses are typically very hard to enforce in California, where Hurd lives and where both companies are based.But it did have confidentiality agreements that Hurd signed annually, and the $12.2 million severance deal he struck requires him to continue abiding by those agreements. Those trade-secret “protective covenants,” quoted in HP’s lawsuit, require that for 12 months after leaving HP, Hurd refrain from “conflicting business activities” with HP rivals that would result in the disclosure of confidential information.
… snip
Hurd’s confidentiality agreement also prohibits him from communicating on behalf of an HP rival with any HP customer he had business contact with in the past two years. But because of California’s employee-friendly non-compete rules, the deal has an exemption: As long as Hurd remains a California resident, he can have any contact he wants with customers that isn’t made with the “unauthorized assistance” of confidential HP information.… snip
Hurd’s insider access: HP’s lawsuit alleges that Hurd, along with the rest of HP’s board of directors, received a “highly competitive internal analysis of Oracle” in March. It noted that Hurd was in charge of developing strategic plans “to compete against HP’s competitors, including Oracle.”HP’s complaint also blasted Hurd for “failure to provide notice of [his new position] before it was publicly announced by Oracle.”
I’ve had to sign non-disclosure agreements with most of my employers (and one time, a non-compete that was a *^&*^ to get out of.) I’m just a lowly engineer – but I checked the language of my current agreement – it talks about notifying my (current) employer if I take a job with a competitor… so it’s not surprising that Hurd had that restriction.
He may end up having to give up some of that parachute…
UCGal
Participant[quote=flu]Lol… HP once again demonstrating it’s retardedness.
Dude, you asked the guy to leave.
[/quote]That doesn’t free him from non-disclosure agreements… which in this case may limit him working for a direct competitor.
http://money.cnn.com/2010/09/07/technology/HP_Hurd/
..snip
HP (HPQ, Fortune 500) doesn’t appear to have had an explicit non-compete clause in its employment contact with Hurd, who stepped down last month in the wake of a sex scandal. Such clauses are typically very hard to enforce in California, where Hurd lives and where both companies are based.But it did have confidentiality agreements that Hurd signed annually, and the $12.2 million severance deal he struck requires him to continue abiding by those agreements. Those trade-secret “protective covenants,” quoted in HP’s lawsuit, require that for 12 months after leaving HP, Hurd refrain from “conflicting business activities” with HP rivals that would result in the disclosure of confidential information.
… snip
Hurd’s confidentiality agreement also prohibits him from communicating on behalf of an HP rival with any HP customer he had business contact with in the past two years. But because of California’s employee-friendly non-compete rules, the deal has an exemption: As long as Hurd remains a California resident, he can have any contact he wants with customers that isn’t made with the “unauthorized assistance” of confidential HP information.… snip
Hurd’s insider access: HP’s lawsuit alleges that Hurd, along with the rest of HP’s board of directors, received a “highly competitive internal analysis of Oracle” in March. It noted that Hurd was in charge of developing strategic plans “to compete against HP’s competitors, including Oracle.”HP’s complaint also blasted Hurd for “failure to provide notice of [his new position] before it was publicly announced by Oracle.”
I’ve had to sign non-disclosure agreements with most of my employers (and one time, a non-compete that was a *^&*^ to get out of.) I’m just a lowly engineer – but I checked the language of my current agreement – it talks about notifying my (current) employer if I take a job with a competitor… so it’s not surprising that Hurd had that restriction.
He may end up having to give up some of that parachute…
UCGal
Participant[quote=flu]Lol… HP once again demonstrating it’s retardedness.
Dude, you asked the guy to leave.
[/quote]That doesn’t free him from non-disclosure agreements… which in this case may limit him working for a direct competitor.
http://money.cnn.com/2010/09/07/technology/HP_Hurd/
..snip
HP (HPQ, Fortune 500) doesn’t appear to have had an explicit non-compete clause in its employment contact with Hurd, who stepped down last month in the wake of a sex scandal. Such clauses are typically very hard to enforce in California, where Hurd lives and where both companies are based.But it did have confidentiality agreements that Hurd signed annually, and the $12.2 million severance deal he struck requires him to continue abiding by those agreements. Those trade-secret “protective covenants,” quoted in HP’s lawsuit, require that for 12 months after leaving HP, Hurd refrain from “conflicting business activities” with HP rivals that would result in the disclosure of confidential information.
… snip
Hurd’s confidentiality agreement also prohibits him from communicating on behalf of an HP rival with any HP customer he had business contact with in the past two years. But because of California’s employee-friendly non-compete rules, the deal has an exemption: As long as Hurd remains a California resident, he can have any contact he wants with customers that isn’t made with the “unauthorized assistance” of confidential HP information.… snip
Hurd’s insider access: HP’s lawsuit alleges that Hurd, along with the rest of HP’s board of directors, received a “highly competitive internal analysis of Oracle” in March. It noted that Hurd was in charge of developing strategic plans “to compete against HP’s competitors, including Oracle.”HP’s complaint also blasted Hurd for “failure to provide notice of [his new position] before it was publicly announced by Oracle.”
I’ve had to sign non-disclosure agreements with most of my employers (and one time, a non-compete that was a *^&*^ to get out of.) I’m just a lowly engineer – but I checked the language of my current agreement – it talks about notifying my (current) employer if I take a job with a competitor… so it’s not surprising that Hurd had that restriction.
He may end up having to give up some of that parachute…
UCGal
Participant[quote=flu]Lol… HP once again demonstrating it’s retardedness.
Dude, you asked the guy to leave.
[/quote]That doesn’t free him from non-disclosure agreements… which in this case may limit him working for a direct competitor.
http://money.cnn.com/2010/09/07/technology/HP_Hurd/
..snip
HP (HPQ, Fortune 500) doesn’t appear to have had an explicit non-compete clause in its employment contact with Hurd, who stepped down last month in the wake of a sex scandal. Such clauses are typically very hard to enforce in California, where Hurd lives and where both companies are based.But it did have confidentiality agreements that Hurd signed annually, and the $12.2 million severance deal he struck requires him to continue abiding by those agreements. Those trade-secret “protective covenants,” quoted in HP’s lawsuit, require that for 12 months after leaving HP, Hurd refrain from “conflicting business activities” with HP rivals that would result in the disclosure of confidential information.
… snip
Hurd’s confidentiality agreement also prohibits him from communicating on behalf of an HP rival with any HP customer he had business contact with in the past two years. But because of California’s employee-friendly non-compete rules, the deal has an exemption: As long as Hurd remains a California resident, he can have any contact he wants with customers that isn’t made with the “unauthorized assistance” of confidential HP information.… snip
Hurd’s insider access: HP’s lawsuit alleges that Hurd, along with the rest of HP’s board of directors, received a “highly competitive internal analysis of Oracle” in March. It noted that Hurd was in charge of developing strategic plans “to compete against HP’s competitors, including Oracle.”HP’s complaint also blasted Hurd for “failure to provide notice of [his new position] before it was publicly announced by Oracle.”
I’ve had to sign non-disclosure agreements with most of my employers (and one time, a non-compete that was a *^&*^ to get out of.) I’m just a lowly engineer – but I checked the language of my current agreement – it talks about notifying my (current) employer if I take a job with a competitor… so it’s not surprising that Hurd had that restriction.
He may end up having to give up some of that parachute…
UCGal
Participant[quote=flu]Lol… HP once again demonstrating it’s retardedness.
Dude, you asked the guy to leave.
[/quote]That doesn’t free him from non-disclosure agreements… which in this case may limit him working for a direct competitor.
http://money.cnn.com/2010/09/07/technology/HP_Hurd/
..snip
HP (HPQ, Fortune 500) doesn’t appear to have had an explicit non-compete clause in its employment contact with Hurd, who stepped down last month in the wake of a sex scandal. Such clauses are typically very hard to enforce in California, where Hurd lives and where both companies are based.But it did have confidentiality agreements that Hurd signed annually, and the $12.2 million severance deal he struck requires him to continue abiding by those agreements. Those trade-secret “protective covenants,” quoted in HP’s lawsuit, require that for 12 months after leaving HP, Hurd refrain from “conflicting business activities” with HP rivals that would result in the disclosure of confidential information.
… snip
Hurd’s confidentiality agreement also prohibits him from communicating on behalf of an HP rival with any HP customer he had business contact with in the past two years. But because of California’s employee-friendly non-compete rules, the deal has an exemption: As long as Hurd remains a California resident, he can have any contact he wants with customers that isn’t made with the “unauthorized assistance” of confidential HP information.… snip
Hurd’s insider access: HP’s lawsuit alleges that Hurd, along with the rest of HP’s board of directors, received a “highly competitive internal analysis of Oracle” in March. It noted that Hurd was in charge of developing strategic plans “to compete against HP’s competitors, including Oracle.”HP’s complaint also blasted Hurd for “failure to provide notice of [his new position] before it was publicly announced by Oracle.”
I’ve had to sign non-disclosure agreements with most of my employers (and one time, a non-compete that was a *^&*^ to get out of.) I’m just a lowly engineer – but I checked the language of my current agreement – it talks about notifying my (current) employer if I take a job with a competitor… so it’s not surprising that Hurd had that restriction.
He may end up having to give up some of that parachute…
UCGal
ParticipantI hope your family enjoys learning and playing piano as much as our does.
UCGal
ParticipantI hope your family enjoys learning and playing piano as much as our does.
UCGal
ParticipantI hope your family enjoys learning and playing piano as much as our does.
UCGal
ParticipantI hope your family enjoys learning and playing piano as much as our does.
UCGal
ParticipantI hope your family enjoys learning and playing piano as much as our does.
UCGal
ParticipantAs mentioned previously – I purchased without an agent… but it was a family sale. My goal was not to get “the best deal” since that would have meant ripping off my father. My goal was to get a fair market price. My father and I both did research to determine the price. We both looked at various online listing services. We knew what homes in the area had sold at. We both reached, independently, the exact same valuation. Additionally, my dad had gotten some suggested listing prices from the agent that sold him the townhouse he downsized to. (She was hoping for the listing and offered it for him when she was working with him on that transaction.) Her figure was about 30k higher than we paid – but we all know asking price is not the same as sold price. And my dad would have had to pay commission.
We did NOT need an agent to get the deal closed. We hired a title/escrow service to handle the transaction. I used a mortgage broker recommended by my sister.
Dan/UR – if you really want to check this to see if a realtor would have added value – I can pm you the address. But in my case, I honestly don’t believe it would have made sense for realtors to be involved.
UCGal
ParticipantAs mentioned previously – I purchased without an agent… but it was a family sale. My goal was not to get “the best deal” since that would have meant ripping off my father. My goal was to get a fair market price. My father and I both did research to determine the price. We both looked at various online listing services. We knew what homes in the area had sold at. We both reached, independently, the exact same valuation. Additionally, my dad had gotten some suggested listing prices from the agent that sold him the townhouse he downsized to. (She was hoping for the listing and offered it for him when she was working with him on that transaction.) Her figure was about 30k higher than we paid – but we all know asking price is not the same as sold price. And my dad would have had to pay commission.
We did NOT need an agent to get the deal closed. We hired a title/escrow service to handle the transaction. I used a mortgage broker recommended by my sister.
Dan/UR – if you really want to check this to see if a realtor would have added value – I can pm you the address. But in my case, I honestly don’t believe it would have made sense for realtors to be involved.
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