PLEASE READ THIS CAREFULLY! You ("Innovator”) and HeroX PBC ("Challenge Sponsor”) are entering into this Challenge-Specific Agreement ("CSA”) for this particular incentive-based competition ("Challenge”) only. In order to participate in this Challenge, Innovator must accept these terms, and therefore should take the time to understand them.
By entering, Innovator agrees that: (i) all Submissions become Challenge Sponsor's property and will not be returned; and (ii) Challenge Sponsor and its licensees, successors and assignees have the right to use any and all Submissions, and the names, likenesses, voices and images of all persons appearing in the Submission, for future advertising, promotion and publicity in any manner and in any medium now known or hereafter devised throughout the world in perpetuity.
Innovator will retain all right, title and other ownership interests in the Innovator’s Submission and in all inventions, patents, patent applications, designs, copyrights, trademarks, trade secrets, software, source code, object code, processes, formulae, ideas, methods, know-how, techniques, devices, creative works, works of authorship, publications, and/or other intellectual property (“Intellectual Property”) developed by the Innovator during the Challenge, subject only to the following exception:
If Challenge Sponsor notifies Innovator that Submission is eligible for a Prize, Innovator will be considered qualified as a finalist (“Finalist”). Challenge Sponsor will require all content and assets developed by Finalists and contributed to the project to be licensed under the Creative Commons CC BY (4.0) license. Challenge Sponsor will also require all code developed by Finalists and contributed to the project to be licensed under the Apache License 2.0, or similar Open Source Initiative (“OSI”) license mutually agreed to by both Finalist and Challenge Sponsor. Once all development has been completed, all designs, code, content, and assets developed by all Finalists will be released under open source licenses that permit free distribution, derivative works, and use in commercial and non-commercial settings.
Submission may not be acknowledged and will not be received or held "in confidence." The act of submitting a Submission does not create a confidential relationship or obligation of secrecy between Innovator and any of the entities involved in this Challenge.