Friday, September 09, 2011

Yes, Carol Bartz had a non-disparagement clause - The Term Sheet: Fortune's deals blog Term Sheet

Telling it like it is: priceless…

A source close to the company tells us that Bartz did indeed have a non-disparagement clause in her employment contract, on which there is still around $10 million outstanding.

Moreover, the source suggests that Bartz likely violated that clause with some of her statements to Fortune. If not for the getting f--ked over part, then certainly for the doofuses part. In fact, this could go down as the first time in history that the term "doofus" has cost -- or made -- anyone a substantial amount of money.

Yes, Carol Bartz had a non-disparagement clause - The Term Sheet: Fortune's deals blog Term Sheet

Post a Comment