Thanks for getting back to me. However, the clause I pasted refers to much more than the ownership of the content. It's about the activities and rights of HeroX and the Challenge sponsor - MaRS in this case. The 2 clauses - each found in HeroX legal agreement and in MaRS legal agreement - are essentially the same. So pasted below is the MaRS clause that I'm referring to and you will see the similarities to the HeroX agreement. I can't highlight the concerning sentence so it's indicated as **sentence**. I understand that there is a caveat that follows and identifies how MaRS and HeroX intend to use these rights conferred but there is still no reason for MaRS or HeroX to need such extensive rights identified in the **sentence** to be able to do what either party wishes to do i.e., display, market and publish the winner. There is absolutely no need for either party to require the inventor to waive their rights. This is what I'm seeking to be altered. This clause should and could be revised to indicate the rights to display, market and publish, without the preceding requirement of the inventor waiving all their rights.
Licence from all Entrants to MaRS
You will retain the intellectual property rights in your Submission and Prototype. **However, you hereby grant to MaRS the unrestricted, royalty-free, perpetual, irrevocable, worldwide, sublicensable, assignable, licence (but not the obligation) to reproduce, communicate, modify, display, transmit, publicly perform, make derivative works from, and otherwise use the Submission and Prototype (in whole or in part) without any fee or other form of compensation, and without further notification or permission**, for the following purposes:
administering the Challenge;
identifying you by name as the creator of the Submission and Prototype;
displaying the winning entries in the Challenge; and
advertising in any media, including to advertise the Challenge, future Challenges, and MaRS’ products and services.