· Mentors will make their best effort to provide
good and timely advice to student project teams.
· Mentors will maintain the confidentiality of any
proprietary information of the student teams. They will act as though they are
bound by a standard non-disclosure agreement.
· Mentors are volunteers. Mentors are not in an
employment or similar relationship with Duke or with the student teams and shall
receive no financial compensation for their work with student teams that they
are advising. Mentors are not covered by Duke University insurance for claims arising out of volunteer mentor advice given to students.
· Mentors shall have no financial interest in a
mentored student project while they are serving as
mentors under a Duke sponsored program. Mentors may transition from mentor
status to a different status with a financial interest (such as advisor or
board member with equity), but this should be an explicit transition with full
information disclosed in advance of the transition to the relevant Duke
· Mentors should not solicit for any services or
products (that is, not sell any products or services to the mentees) while
acting in an advisory capacity.
· If the relationship between a student team and
mentor transitions to one in which the mentor will make an investment or
otherwise have a financial interest, the mentor will ensure that there is a written
contract in place, the terms of said contract having been determined and agreed
to by all student team members, said financial interest and the terms thereof
have been communicated in advance to the relevant Duke personnel and that the
students have sought and received disinterested competent advice before entering
into the contract all as evidenced by the completion of an intent to invest
Conflict of interest:
· Mentors should disclose to the relevant Duke
program officials any possible or potential conflicts in any mentoring
will not engage in any relationships where
their interests may conflict with the interests of a mentee team (including but
not limited to the items listed under “Financial interest” above).
· Mentors shall make best effort to keep the relevant
Duke program coordinator informed of the status of their mentoring relationship
and any changes in that relationship.
· Students use or do not use mentor advice in
their sole discretion and as such neither mentors nor Duke University have any
liability whatsoever for students’ ultimate business decisions.
· A professional
relationship between mentors and students should be maintained at all times and
proper business etiquette shall be practiced.