That is just false. I could phrase it as unlikely and idiotic if true, but in the real world, there is zero effing chance the General Counsel of an institution is signing off on double digit million dollar buyout clauses without extensive discussion at the highest levels. The audit or finance committee of the BOD likely had to sign off on that term. If a lawyer did so without discussing substance, they should notify their professional liability carrier promptly. General counsels are not first year associates. Their job description includes more than spell check and due diligence.