contract language with an international corporation
Deborah Lynn Lundin
(19 Aug 2010 10:26 EST)
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Re: contract language with an international corporation Gregory K. Schmidt (21 Aug 2010 21:22 EST)
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Re: contract language with an international corporation Gregory K. Schmidt 21 Aug 2010 21:22 EST
If you think about it, this is really no different than what companies and organizations face when dealing with contracts with state agencies. Each state has laws on the books stating that their statutes and venue will be used in the event of a dispute, and that the contract will be construed under their laws. I'm not a lawyer, but the states requirements would seem to be subjugated by the UCC as interstate trade would be impacted. I've always accepted the state's verbiage here as its low risk for us in any event. As for international, it's been entirely too long since I've written one of those Greg Schmidt 703-346-5696 (Voice) 703-938-1294 (Fax) -----Original Message----- From: Research Administration List [mailto:xxxxxx@hrinet.org] On Behalf Of Deborah Lynn Lundin Sent: Thursday, August 19, 2010 11:27 AM To: xxxxxx@hrinet.org Subject: [RESADM-L] contract language with an international corporation Greetings! We are currently working through some contract language with a corporation solely based overseas. In one particular clause, "Laws and Regulations," the original language stated that the agreement will be governed by, and construed and enforced in accordance with the laws of the "home country" of the sponsor, and that the place of jurisdiction will be within the courts of the sponsor's home country. This original language is currently unacceptable according to state law, however, the sponsor objects to the wholesale removal of the language regarding their home country jurisdiction. Has anyone encountered this issue? If so, were you able to find language that was acceptable for both your institution and the sponsor? Please feel free to email me directly at xxxxxx@uncp.edu<mailto:xxxxxx@uncp.edu>. Thanks! Deborah Lundin, Ed.D. College of Arts and Sciences University of North Carolina at Pembroke Old Main 210 Pembroke, NC 28372 (910) 522-5781 (T); (910) 521-6606 (F) ====================================================================== Instructions on how to use the RESADM-L Mailing List, including subscription information and a web-searchable archive, are available via our web site at http://www.hrinet.org (click on "Listserv Lists") ====================================================================== ====================================================================== Instructions on how to use the RESADM-L Mailing List, including subscription information and a web-searchable archive, are available via our web site at http://www.hrinet.org (click on "Listserv Lists") ======================================================================