Join Date: Nov 2016
Thanked 3 Times in 3 Posts
Looking over their contract, and a couple things rub me the wrong way.
NFN has the right to deduct ten percent (10%), per day that completed results are uploaded late, from any fee(s) due if Contractor’s result(s) or services were not compliant as described herein. However, if Contractor submits a property inspection outside of the time frames described, e.g. in Field Technician Memo 2015-17 "72-Hour Invoicing", but that is otherwise compliant and sufficient to constitute a claimable inspection, NFN may pay Contractor a fee of three dollars ($3.00) for the inspection.
Contractor agrees that, as consideration to NFN for providing access to NFN’s confidential and proprietary information, Contractor will not compete with NFN as to, or solicit business from, NFN’s existing customers or potential customers with whom/which Contractor came into contact during the term of this Contract, even if Contractor was aware of any such existing or potential customer(s) prior to the term of this Contract, such non-compete period to include both the term of this Contract and a period of two (2) years following the expiration or termination of this Contract, regardless of reason.
Is this typical?