Terms & Conditions of Decent Rural Living Initiative (“T&Cs”)

These Terms and Conditions govern the Programme. Participation in the Programme constitutes acceptance of these Terms and Conditions as may be amended by the Organisers when required at the Organisers’ sole discretion.


 

Article 1 - CONDITIONS FOR ENTERING THE PROGRAMME

 

1.1. Participation in this Programme is free. Each Team shall be responsible for all its costs of entering and participating in the Programme, including without limitation all costs of development, prototyping, manufacture, testing, marketing, video production, licensing, searches, registration and protection of intellectual property rights, legal costs, travel cost, costs of obtaining third party consents and licences. Each Team Member recognises that there is no guarantee that their Team, or any other Team, will win the Programme and that participation is entirely at each Team’s own risk.

 

1.2. By participating in the Programme, the Participant will have read these T&Cs, and fully accepted their terms in their entirety without reservation.

 

1.3. Any Participant who does not abide by the terms of the T&Cs at any time during the Programme will be automatically disqualified from the Programme.
 

Article 2 - INTELLECTUAL PROPERTY

 

2.1 By registering for the Programme and submitting the Application and Pitch, each Participant affirms that the Deliverables are his/her/the team's original work and that the Participant(s) have the necessary rights to submit the Deliverables and Demo Pitch. The Participant(s) further warrant that the submission does not violate any law or regulation or any rights of any third party. The Organisers reserve the right to disqualify any Participant in a scenario where the Organisers believe in its sole and absolute discretion that the submitted Deliverables and/or Pitch or any part thereof infringes upon or violates the rights of any third party. The Participant shall indemnify, defend, and hold harmless the Organisers against any and all claims, suits, losses, damages, costs, fees, and expenses arising out of or in connection with the Intellectual Property Rights.

 

2.2 The Participant warrants that any and all of the copyright, patents, trademarks, design rights, know-how, and other intellectual property and proprietary rights subsisting in or used in connection with the Deliverables (“Intellectual Property Rights”) is and remain the sole property of the Participant.

 

2.3 Participants shall grant Challenge Sponsors a right of first refusal ("ROFR") to collaborate with said Participant on any commercialisation of foreground IP generated (“Programme IP”), if any, during the Programme Period. The ROFR shall expire and cease to have effect 60 days after the end of Pitch Day. Participants shall fully retain their respective background IP rights, unless otherwise agreed between the Challenge Sponsor and the Participant. Alternate or future arrangements of ownership of foreground IP created post-Programme Period shall be negotiated separately between the Participants and respective Challenge Sponsors and independent of the Organiser, after submission of the Deliverables and the Demo Pitch.

 

2.4 The agreements and arrangements referred to in the preceding clause para 2.3 are solely between the Participant and the Challenge Sponsors. The Participant shall indemnify, defend, and hold harmless the Organisers against any and all claims, suits, losses, damages, costs, fees, and expenses arising out of or in connection with the Intellectual Property Rights. 

 

Article 3 – LIABILITY

 

3.1. The Organisers shall not be liable to the Participant for any loss, damage, cost or expense incurred or suffered by the Participant howsoever arising in connection with the Participant’s participation in the Programme, whether virtually via the website, or physically in person, and including but not limited to the disclosure and publication of the Deliverables in connection with the Programme.