contract-law confidentiality
Do I need a confidentiality waiver (from the parent company I worked at) to work at a spin-off company?
<p>I had a contract and I worked at a company for several months. During this time our project leader negotiated with the parent company and formed his own company (with 2 other team members). Later the parent company publicly announced the creation of the spin-off company. For some members of the team (like me), the transition took more time. We're going to have our contract with the parent company terminated and sign new ones with the new company. Do I need a confidentiality waiver from the parent company?</p>
<p>My termination notice reminds me of confidentiality obligations. I asked a lawyer from the parent company about a waiver (or to mention the spin-off company as an exemption) and I was told that the IP rights are already transferred to the spin-off and therefore it doesn't make sense to add that.</p>

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<p>Do I need a confidentiality waiver (from the parent company I worked at) to work at a spin-off company?</p>
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<p>No. What the lawyer told you is right. The confidentiality reminder is pointless when transferring to the spinoff company, since this process is largely a form of restructuring.</p>
<p>The confidentiality reminder might be in consideration that the terminated employee could opt to work elsewhere and not in the spinoff company. But even in that scenario the reminder is irrelevant because it does not (and cannot) modify the terms of the contract the employee entered with the parent company.</p>
