Rules

RULES OF THE CHALLENGE

Electrolux – Future of Laundry

Electrolux S.E.A Pte Ltd (“Electrolux”), a company incorporated under the laws of Singapore with its principal office at 1 Fusionopolis Place, #07-10 Galaxis, Singapore 138522

(hereinafter referred to as the “Partner company”)

has decided to entrust

Agorize, a French Simplified Joint Stock Company (Société par Actions Simplifiée,or SAS) with a share capital of 71,146 Euros, registered within the Commercial and Companies Register of Paris under number 530 774 439, and has its registered office at 34 rue du Faubourg-Saint-Antoine 75012 Paris,

(hereinafter referred to as the “Service Provider”), with the organization of a Challenge as set out below. The Challenge shall take place from December 27^th 2017 to May 11^th, 2018 via the website available at <https://www.agorize.com/electrolux-future-of-laundry> (hereinafter referred to as the “Challenge”).

The Service Provider shall act in the name and on behalf of the Partner Company as part of their assignment. The Partner Company and the Service Provider shall be considered as the joint organizers of the Challenge (hereinafter jointly referred to as the “Organizers”).

Article 1 - DEFINITIONS

“Award”: refers to the prizes awarded to the Winners at the end of the Challenge.

“Brief”: refers to the specifications determined by the Partner Company, which may include the deadlines, the awards, the guidelines and themes to be complied with by all Participants contributions.

“Challenge”: refers to the challenge that is the subject of the Rules, as organized by the Organizers.

“Confidential Information”: refers to the information set out in the Article 18.

“Competition Rules, Terms and Conditions” or “CRTC”: designate the general terms of use of the Service provider’s website, accepted by every Participant during the creation of a Agorize user account and readable on agorize.com

“Deliverables”: refers to the Application Phase Deliverable, Validation Phase Deliverables, Mentoring Phase Deliverables and Final Deliverable.

“Final Deliverable”: refers to the deliverable described in these Rules, which is submitted at the end of the Selection stage.

“Final Jury”: refers to the jury responsible for ranking the finalists.

“Participant”: refers to any person registered in accordance with the Rules who takes part in the Challenge.

“Application Phase”: refers to the first stage of the Challenge, as described in the Rules.

“Validation Phase”: refers to the second stage of the Challenge, as described in the Rules.

“Mentoring Phase”: refers to the third stage of the Challenge, as described in the Rules.

“Application Phase Deliverable”: refers to the deliverable described in the Rules, which is submitted during the Application Phase.

“Validation Phase Deliverable”: refers to the deliverable described in the Rules, which is submitted during the Validation Phase.

“Mentoring Phase Deliverable”: refers to the deliverable described in the Rules, which is submitted during the Mentoring Phase.

“Application Phase Jury”: refers to the jury responsible for selecting the Participants during the Application Phase.

“Validation Phase Jury”: refers to the jury responsible for selecting the Participants during the Validation Phase.

“Mentoring Phase Jury”: refers to the jury responsible for selecting the Participants during the Mentoring Phase.

“Project”: refers to the Participant and all of his/her Deliverables.

“Registration”: refers to the registration of a Challenge Participant in accordance with the Rules.

“Ranking”: refers to the attribution of an Award per theme by the Final Jury at the end of Selection.

“Rules”: refers to these rules, which apply to the Challenge.

“Winner” or “Winners”: refers to the members of the Projects that reach the final stage of the Challenge, and are ranked by the Final Jury as winning teams. There will be no more than five (5) Projects that will reach the final stage of the Challenge.

Article 2 - PURPOSE OF THE RULES

2.1. Rules are intended to define, according to article L. 121-15-2 of the French Code de la Consommation, terms and rules of participation in the Challenge organized by the Partner Company in association with the Service Provider. Rules are destined to complete the Competition Rules, Terms and Conditions of the Service Provider, which can be downloaded through the following link: https://www.agorize.com/electrolux-future-of-laundry In the event of inconsistency between these terms and regulations and those of the CRTC, those Rules will prevail.

2.2. The Participant acknowledges being aware of, and agrees to the fact that the proposed Challenge calls on his/her wisdom, skill, and ingenuity during extremely difficult trials. The Challenge shall not depend, even partially, on chance and luck under any circumstances, and can therefore not be considered as, or resemble a lottery.

Article 3 - CONDITIONS FOR ENTERING THE CHALLENGE

3.1. Participation in this Challenge is free and without purchase obligation and can be subject to a reimbursement of participating costs in the conditions specified in Article 16.

3.2. The Participant must read these Rules, and fully accept their terms in their entirety without reservation before his/her Registration and participation in the Challenge.

3.3. Participation to the Challenge is under the conditions of:

For people:

• Being any natural adult person, currently enrolled in higher education or anyone graduated from an institution of higher education.
• Being any person on legal age and able to justify it with an Identification card

For a Company:

• Registered on the trade register
• With a valid professional insurance policy
• Able to supply a registration certificate issued within last three (3) months

certifying that they comply with the social and tax legislation to which they are subject

3.4. Employees and representatives of the Service provider and/or the members of their families (parents, children, spouses, siblings) cannot participate in the Challenge.

3.5. The Participant shall certify to abide by the terms aforementioned. The delivery of the Award will be conditional upon the capacity of the Participant to justify the conditions aforementioned.

3.6. There is only one entry allowed per person in the Challenge

3.7. Participants must form teams of 2 to 5 members and Companies must form teams of 1 to 5 members

3.8. Any Participant and/or team who doesn’t abide by the terms of the Rules during his/her Registration and/or at any time during the Challenge will be automatically, and without prior notification, disqualified from the Challenge and shall not be awarded any Award. In the case where an Award would have been given to a Participant and/or team who doesn’t or didn’t comply with the Rules at the time of his/her Registration and/or during the Challenge, the Organizers have the discretionary right to demand the return of the Award received.

Article 4 - REGISTRATION AND ACCESS TO THE CHALLENGE

4.1. For his/her Registration to the Challenge, each Participant must open a user account on agorize.com and must indicate the following:

• Last name;
• First name;
• A valid email address;
• A valid password.

To validate his Registration, the Participant must accept the Competition Rules, Terms and Conditions provided by the Service provider

The Participant must provide the information listed below:

For individuals

• Date of Birth;
• Gender;
• Town;
• Country;
• Phone number;
• Nationality;
• School;
• Education;
• Wechat (if any)

For Companies

• Company’s registered name;
• Company’s logo;
• Elevator pitch;
• Company’s formation date;
• Development state;
• City;
• Phone number;
• Industry;
• Company’s website;
• Company’s wechat account (if any):
• Company’s weibo page (if any);
• Company’s Facebook page (if any);
• Company’s Twitter page (if any);

A confirmation email containing an activation link will be sent to the Participant’s listed email address.

Once his/her account is activated, the Participant can freely complete further information on his/her profile in the account settings.

To complete his/her Registration in the Challenge, the Participant must opt-in on the box indicating that he/she accepts the Challenge Regulations and create or join an existing team.

4.2. Any Registration containing wrong, dubious, or incomplete information shall not be taken into account and shall disqualify the Participant and/or the Participant’s team.

4.3. By registering, the Participant accepts to be contacted through emails sent by Organizers during his/her participation in the Challenge. He/she also accepts to be contacted by phone or other communication channels such as WeChat, if he/she is part of the preselected Participants (that will go to the validation phase such as described in article 8) or the Winners.

4.4. The use of a computer is needed to access the Challenge with the minimal configuration as follows:

• Processor 1 GHz or higher with 1 GB RAM or higher;
• A screen of resolution 1024x768 pixels or higher;
• Operating system: Windows XP, Mac OS or higher;
• A browser which accepts cookies and supports Javascript functions execution: Using Internet Explorer 7 or higher, Firefox 3.5 or higher, or Chrome 3.0 or higher;
• Flash Player version 9.045 or higher, except any specified case which will be informed to the Participant on the homepage of the Challenge;
• A sound card is recommended but is not necessary.

4.5. The Challenge is available 24 hours a day on the < https://www.agorize.com/en/challenges/electrolux-future-of-laundry?lang=en> subject to possible maintenance operations on servers or dysfunctions such as those mentioned on the Article 21.

Article 5 - DURATION OF THE CHALLENGE

5.1. The Challenge Application Phase shall take place from Dec 27 2017 to Feb 16 2017.

5.2. The Challenge shall take place from Dec 27 2017 to May 11 2018.

5.3. Every date clearly defined in these rules and the challenge is in the Hong Kong time zone (GMT +8).

5.4. Where necessary due to operational requirements, the Organizers reserve the right to alter the duration of the Challenge by a reasonable amount of time, which will be conveyed to Participants.

Article 6 - PRINCIPLE OF THE CHALLENGE

6.1. The Challenge consists of Deliverables which are in accordance with the requirements listed in Article 7, Article 8 and Article 9, followed by a final presentation as per Article 10.

6.2. Those Deliverables must absolutely respond to the Challenge issue and rules described in the tab “Brief” on the Challenge page on the website < https://www.agorize.com/en/challenges/electrolux-future-of-laundry?lang=en >Those Deliverables must be written in English or in the official language of the country chosen by the participants regarding the challenge, namely Mandarin; no other language will be accepted.

6.3 The Organizers will not accept and will not take into account any other documents submitted by the Participants.

Article 7 - Application Phase PROCEDURE

7.1. The Application Phase is scheduled from Dec 27th 2017 to Feb 16th 2018

7.2. During this period and until Feb 16, 2018, the Participants will have to send by upload on the platform, their Application Phase Deliverable, which is composed of:

• Their Project presentation based on the template downloadable from the dedicated page on < https://www.agorize.com/en/challenges/electrolux-future-of-laundry?lang=en>

7.3. The selection of the Projects will be realized on the basis of this Application Phase Deliverable, in accordance with Article 12.

Organizers may extend the dates of the Application Phase depending on number of applicants in the process. Any such changes will be communicated clearly on the Challenge website.

Article 8 - Validation Phase PROCEDURE

8.1. This phase is scheduled from March 5th to March 18th 2018. If the preceding phase has been extended for any reason, the dates for this phase will be revised, and such changes will be communicated clearly on the Challenge website.

8.2. Up to 10 (Ten) Projects selected at the end of the Application Phase will be able to participate to the Validation Phase.

8.3. These teams should send, before March 18th, by uploading on the platform their Validation Phase Deliverable, which composes of:

• A 2 minute video outlining the key value and how you are planning the revolutionize China’s laundry machine market in accordance with the Brief provided in the Challenge

8.4. A selection of the Projects who participated in the Validation Phase will be carried out on the basis of the Validation Phase Deliverable in accordance with Article 12.

Organizers may extend the dates of the Validation Phase depending on number of applicants in the process. Any such changes will be communicated clearly on the Challenge website.

Article 9 - Mentoring Phase PROCEDURE

9.1. This phase is scheduled from April 2^nd to April 29^th 2018. If the preceding phase has been extended for any reason, the dates for this phase will be revised, and such changes will be communicated clearly on the Challenge website

9.2. Up to 5 (five) Projects selected at the end of the Validation Phase will be able to participate to the Mentoring Phase.

9.3. These teams of Participants should send before April 29^th, by uploading on the platform, their Mentoring Phase deliverable, which composes of:

• A 20 slide business plan including roadmaps as well as financials

9.4. A selection of the Projects who participated in the Mentoring phase will be carried out on the basis of the Mentoring Phase Deliverable in accordance with Article 12.

Organizers may extend the dates of the Mentoring Phase depending on number of applicants in the process. Any such changes will be communicated clearly on the Challenge website.

Article 10 - FINAL STAGE PROCEDURE

10.1. Up to five (5) Projects selected at the end of the Mentoring Phase, will be able to participate in the final stage in accordance with Article 12.

10.2. This final stage consists of an oral presentation of their Project by the Participants of Project. Venue, location, date and presentation format will be displayed in the Challenge website <https://www.agorize.com/en/challenges/electrolux-future-of-laundry?lang=en>

10.3. The Organizers may record an institutional video/movie capturing the final ceremony. The selected Participants understand that they will do their best to cooperate during the filming of this movie.

Article 11 - CHARACTERISTIC FEATURES OF THE DELIVERABLES

11.1. All Deliverables must absolutely respond to the Challenge topic described in the tab “Brief” on the Challenge page on <https://www.agorize.com/en/challenges/electrolux-future-of-laundry?lang=en>

11.2. Deliverables must be sent in a common digital format such as: DOC/DOCX/PDF/PPT/PPTX/KEY/ODT/MP3/MPEG/MOV/MP4 and be written in English or in the official language of the country chosen by the participants regarding the challenge, namely Mandarin; no other language will be accepted.

11.3. In case of difficulties or failures to read the Deliverable, Participants of the concerned Project will be notified and have the responsibility to re-submit it before the Deliverable submission end date of the current stage. If the submission passes the deadline, the Project in question will be disqualified from the Challenge.

10.4 Participants undertake that all their Deliverables are exclusively made by them. Should a third party were to contribute to a Project, it will lead to the disqualification of the Participant.

Article 12 SELECTION PROCESS

12.1. The challenge comprises of four stages and three selection processes:

• Application: this stage ends with up to 10 shortlisted Projects;
• Validation: this stage ends with up to 5 Shortlisted projects;
• Mentoring: this stage ends with up to 5 finalist projects selection;
• Final presentation: this stage ends with identifying top 3 winning teams

12.2. Each of these selection steps is based on the criteria of:

• Overall quality of the submitted Deliverables
• Innovative nature of the solution presented
• The team’s ability to respond to the Challenge as outlined in the Brief
• The team’s ability to meet the expectations of the Partner Company for each stage of the Challenge, as outlined in the Brief
• Potential, relevancy, and level of specificity of the business model
• Quality of the pitch delivery (for final presentation)

Under no circumstances are factors relating to the person's appearance, religious or trade union, political opinions or sexual orientation of the Participants taken into account. The selections will not result in any way, whether directly or indirectly, by chance or luck.

12.3. An Application Phase Jury composed of members from the Partner Company, having the necessary qualifications to make the preselection, will be responsible for selecting up to 10 (ten) Projects on the basis of the Application Phase Deliverable submitted.

12.4. The Service Provider will, via an email send to the address entered at the time of account creation on Agorize.com and via a notification on their Agorize.com account, inform all Participants of the Application Phase results by March 4th 2018 at the latest. The Organizers will be free to alter the dates on which results are released should this become necessary due to the number of Projects to be assessed.

12.5. The Service Provider will, via an email send to the address entered at the time of account creation on Agorize.com and via a notification on their Agorize.com account, inform all Participants of the Validation Phase results by April 1^st 2018 at the latest. The Organizers will be free to alter the dates on which results are released should this become necessary due to the number of Projects to be assessed.

12.6. The Service Provider will, via an email send to the address entered at the time of account creation on Agorize.com and via a notification on their Agorize.com account, inform all Participants of the Mentoring Phase results by May 5^th 2018 at the latest. The Organizers will be free to alter the dates on which results are released should this become necessary due to the number of Projects to be assessed.

12.7. Each Participant selected during the Application phase, Validation phase or Mentoring phase must respond to the email(s) sent by the Service Provider announcing the selection of their team, before the deadline specified in the email. Failing to do so, the Organizers reserve the right to disqualify the defaulting Participant’s Project.

12.8. The Ranking made by the Final Jury will be announced on the day of the final presentations.

12.9. At the end of the Application phase a minimum of twenty (20) deliverables, meeting the Partner Company’s requirements and expectations set out in its Brief, is required by the Partner Company to have a sufficient choice to conduct a fair nomination of the winning teams. The Partner Company will be entitled to cancel the Challenge in the event that there would be less than twenty (20) such deliverables at the end of the Application phase.

Article 13 - AWARDS

13.1. Awards referred to in this Article are awarded in consideration of:

• The delivery of Deliverables with the right quality as recognized by the different Jurys;
• Acceptance and compliance of Article 14 on Intellectual Property for each Participant;
• Acceptance and compliance for each Winner of Article 14 on use of Winners information.

No Award can be delivered to the Winners if they do not meet these three conditions, as well as entirely comply with these Rules.

13.2. Any award of an Award at the end of the challenge is subject to, and is performed only when subjected to:

• The full compliance of the Rules set out for the Challenge;
• The presentation by each winner of documents justifying that he/she complies to the conditions of Article 3.

13.3. Every Participant recognizes and accepts that receiving an Award cannot give rise to contesting of any kind, to a request of delivery neither of their monetary exchange value, nor to their replacement or exchange for another Award whatever the reason is. The Award is not transferable and the Participants are informed that the sale or the exchange of the Award is forbidden.

13.4. Every Participant recognizes and accepts that the Partner Company is only committed to the delivery of the Award awarded to the Winners. As a consequence, all the extra costs relative to these Awards or the overheads linked to the accession to ownership of these Awards will stay, unless otherwise stipulated of the Rules, chargeable to the Winners. Neither coverage nor refund will be owed as such.

Service Provider will inform the Winners by email at the email address provided by the Winners during sign-up on www.agorize.com within 15 days (maximum) after the final ranking is made by the Final Jury. The Winner shall respect the directives indicated in the email. In case a Winner did not collect his/her Award, for reasons beyond the Organizers control, before July 1st 2018, the Partner Company has the right to declare this Award not attributed to this Winner.

13.5 Exact details of the Awards will be communicated under ‘Prize and Rewards’ section of the Challenge website < https://www.agorize.com/en/challenges/electrolux-future-of-laundry?lang=en >

The Partner Company reserves the right to make changes to the content and/or value of the Awards, and such changes, if any, will be communicated via the Challenge website.

Article 14 - INTELLECTUAL PROPERTY

14.1. Definitions:

“Intellectual Property Rights” refer to any patents, utility certificates, drawings, models, copyright, brands, database producer rights and any other intellectual or industrial property rights whatsoever.

“Existing Rights” refer to any Intellectual Property Rights and the know-how held by one of the parties before the start date of the Challenge.

“Own Rights” refer to any Intellectual Property Rights or know-how developed or acquired by a party after the start date of the Challenge without the practical assistance of another Party, whether or not as part of the Challenge.

“Results” refer to any work (including source and object code software), designs, inventions, specifications, information, knowledge, processes or products, as well as any resulting processes likely or otherwise to be protected by Intellectual Property Rights or classed as know-how developed by several parties as part of the Challenge.

14.2. The Existing Rights and Own Rights remain the exclusive property of the party in possession of them. Furthermore, the latter alone shall decide to protect its own know-how or otherwise, and to file or protect or defend any of its Own Rights or Existing Rights. Unless otherwise agreed by the Participant and Partner Company, ownership of the Results reverts to the Party that developed the Results.

14.3. The Organizers undertake not to use the Deliverables for purposes other than for the evaluation of selection of the finalists of this challenge.

14.4. Participants expressly undertake not to misuse any legally recognised rights they may hold and any such misuse will entitle the Organizers to disqualify the Participant concerned. Participants undertake to act in a way intended to also meet the Organizers’ requirements.

14.5. In this regard, Participants guarantee the Partner Company that none of the documents, submissions and Deliverables, tools and other creations provided or used by Participants as part of the Challenge constitutes an infringement of any component, work or creation belonging to a third party, or is the result of unfair competition, parasitic competition (passing off) or any other infringement of third party rights. Participants guarantees the Partner Company from all third party action on any grounds whatsoever including relating to any creation or any other protected element.

14.6. In respect of this undertaking, Participants must pay any compensation or other sums in place of the Partner Company (i) if the Partner Company is ordered to pay compensation by a legal ruling, or (ii) if the Partner Company has reached agreement with a third party over a dispute. This obligation remains in force after the end of the Challenge for the lifetime of the rights granted to the Partner Company in respect hereof.

14.7. Deliverables and videos must have been produced by the Participants. All Participants will take responsibility for their compliance with Chinese legislation, including as regards copyright and legislation on privacy and personal image protection or any new legislation that might replace such provisions.

14.8. All Participants in the Challenge undertake to obtain all necessary permission from persons having participated in any way whatsoever in production of the Deliverables and likely to hold any rights whatsoever over the Deliverables.

14.9. The Organizers cannot be held liable for any infringement of the above provisions by Participants.

14.10. By uploading Deliverables onto the site, Participants are obliged to comply with statutory and regulatory provisions in force. They are consequently responsible for ensuring that the storage and distribution of Deliverables through the < https://www.agorize.com/en/challenges/electrolux-future-of-laundry?lang=en website does not constitute:

• an infringement of third party intellectual property rights (including video clips, TV challenges, short, medium or full-length films, animated or otherwise, and advertising that the Participants have not produced personally or for which they do not hold the necessary permission from third-party rights holders);
• an infringement of personality rights (including use of image or name, defamation, insults and abuse, the right to privacy, etc.);
• an infringement of accepted standards of behaviour or public order (including condoning crimes against humanity, inciting racial hatred, child pornography, etc.). Without prejudice to other rights held by the Organizers, a breach in the foregoing will result in the Deliverables being withdrawn and the Participants’ accounts being closed with no prior notice. Furthermore, Participants are personally liable for any criminal offences specific to contentious content (including prison sentences and/or fines) besides their liability for any compensation.

Article 15 - COMMUNICATION

Applicant Participant authorizes the Service Provider and the Partner Company to reproduce their trademark free of charge on communication materials about the Challenge including but not limited to the Service Provider’s or the Partner Company’s intranet and external websites, email signatures/newsletters, press releases, posters/banners at trade fairs, social media channels such as Facebook pages, Twitter and/or other Chinese/international social platforms (Wechat, Weibo, Instagram, etc…).

Participants also authorise the Service Provider and Partner Company to display their registered name and trading names in the same ways, together with their logo as displayed in their applications.

This permission is strictly limited to the same purposes as those stipulated in Article 14 and the Service Provider and Organisers undertake to cease use of trademarks once the circumstances relating to those purposes come to an end, unless the Participant expressly agreed otherwise in writing in advance.

The permission herein comes into force commencing on the Challenge start date for the duration required stipulated in the abovementioned purposes.

Article 16 - REFUND OF ENTRY EXPENSES

16.1. The Participants can obtain the refund of postage incurred in the claim of reimbursement and/or any written application for the settlement (based on the going rate applicable in China).

16.2. All requests for refund by the Participant must be sent in writing before June 30th 2018 (), to the following address:

AGORIZE

34, rue du Faubourg-Saint-Antoine

75012 PARIS.

Request cannot be done by telephone or by e-mail.

16.3. To be admissible, the request must mandatorily contain:

• Full contact details of the Participant (name, first name, address, zip code, city, Agorize login and e-mail);
• Valid bank details or account details;
• Where applicable, the precise request of communication of Rules and repayment of the stamp used in the aforementioned price rate.

16.4. Any request of repayment over the deadline, incomplete, dubious or inaccurate will be refused in whole or part.

16.5. Only one reimbursement per Participant will be accepted.

16.6. The reimbursement will be processed by bank transfer on the account indicated during the request after the check of the legitimacy of the request and in a deadline the Organizers of which have the whole discretion.

Article 17 - LIABILITY

17.3. The participation in the Challenge implies knowledge and acceptance of the characteristics, limitations and risks of the internet network and the technologies which are linked to it, particularly in consideration of the performances, in response time, in the security of the software and the computer hardware towards diverse potential attacks such as virus, logic bomb or Trojan horse and in the loss or in diversion of data. As a consequence, the Organizers shall not be held responsible, in any case for the damages caused to the Participant because of these accepted characteristics, limitations and risks.

17.4. The Organizers cannot, in any case, be held responsible for any damage caused by the defect or the delay of delivery of the Deliverables, especially for the refusal to consider these Deliverables because of a late submission, or for any damage caused by an impossibility to connect to the relevant websites or to upload/download correctly any Deliverable, the defect or the delivery time of any e-mail sent during the Challenge, or for any damage caused by any hurdle preventing the Participant to attend or participate to whole or part of the Challenge.

17.5. The Organizers cannot be held responsible in case of total or partial modification, suspension, interruption, adjournment or cancellation of whole or part of the Challenge for reasons beyond their control or as defined in Article 20. In such case, the Service Provider will inform as soon as possible the Participants by a mention on agorize.com or by any mean it sees fit.

17.6. The Organizers cannot be held responsible for the consequences of a disqualification of a Participant, and/or a team, due to a violation of the Rules, and/or in case of rejection of a Deliverable due to noncompliance with the Rules.

17.7. The Organizers shall not be liable for any trouble, action, claim, objection, claim related to the use of the Deliverables of the Partner Company not foreseen by the Regulations or in connection with the negotiation, execution or performance of contracts that the Partner Company would sign with the Participants.

Article 18 - CONFIDENTIAL INFORMATION

18.1. “Confidential Information” for the purposes of this Challenge shall refer to all the material or immaterial information of whatever nature, in particular administrative, commercial, scientific, technical, financial, fiscal, which was, is or will be , directly or indirectly, and in a non-exhaustive way, orally, in writing whatever the support is, by delivery of paper or electronic documents.

18.2. The foregoing obligations shall not apply to any Confidential Information which:

18.2.1 is in the public domain at the time of disclosure or later becomes part of the public domain through no fault of Participant; or

18.2.2 was known to Participant prior to disclosure by Partner Company as proven by the written records of Information User or is independently developed by Participant; or

18.2.3 is disclosed to Participant by a third party who had the right to furnish such Confidential Information and did not impose restrictions regarding use or further disclosure of such Confidential Information;

18.2.4 is required to be disclosed by operation of law or court order and is not protected by any claim of privilege provided the Participant notifies Partner Company prior to disclosure and any available governmental or judicial protection is obtained by the Participant;

18.2.5 is required to be disclosed under a Participant’s contract with a recognized stock exchange.

18.3. During the duration of the Challenge and during a period of five (5) years after the end of the Challenge such as planned in Article 5, the Participant makes a commitment to:

• Not using the Confidential Information for any other purposes than the participation in the Challenge in the conditions of the Regulations;
• Taking any necessary, useful and reasonable precaution to protect the Confidential Information;
• Not Revealing the Confidential Information to whomever, by any means whatsoever, except to the other members of his/her Team;

18.4. The Organizers may disclose Participants’ Information wholly or in part to all its subsidiaries in the sense of Article L.233-­‐1 of the French Commercial Code or to a service provider acting on its behalf or that of its subsidiaries.

18.5. At the end of the Challenge, or in the event of their premature exit from the Challenge cancellation, the Participant will immediately have to return to the Partner Company all the Confidential Information, whatever their support is, obtained during the Challenge. The Participant shall not retain a copy in any form whatsoever, except with prior written agreement by the Partner Company

Article 19 - INFORMATION AND LIBERTIES

19.1. The participation in the Challenge requires the communication of the Participant’s personal data mentioned in Article 4.

19.2. This data can be modified at any time by the Participant.

19.3. This data mentioned in the present Article is subjected to an automated processing in the sense of the law n°78-17 of January 6th, 1978 for which the Service Provider and possibly the Partner Company, is alone to define the means and the purpose, and is responsible, in this respect, for this processing in the sense of the aforementioned law.

The purpose of this processing is:

• To organize the intermediation between the Participant and the Partner Company;
• To ensure identification, communication and preservation of the exchanges with the Participant;
• To realize anonymous market studies by the Service Provider or a third-party.

19.4. The recipients of this data are the Service Provider and the Partner Company.

19.5. According to provisions of the law n°78-17 of January 6th, 1978, the Participant is informed that the personal data processing made was subjected to a statement in the Commission Nationale de l'informatique et des Libertés from which the receipt was delivered under the number 1856312v0.

In this respect, the Service Provider made a commitment to protect all the personal data of the concerned people. These data are collected and handled in by the Service Provider with the strictest confidentiality according to the law of January 6th, 1978.

19.6. According to the provisions of the articles 38, 39 and 40 of the law n°78-17 of January 6th, 1978, the Participant has, at any time, the right to:

• Oppose the collection and processing of personal data carried out by the Service Provider;
• Oppose the communication of these data to third-parties;
• Get access to all of its own personal data handled by the Service Provider;
• Rectify, update and delete his/her personal data handled by the Service Provider.

To exercise his/her rights in conformance with the law n°78-17 of January 6th, 1978, the Participant has to send a registered letter with acknowledgement of receipt mentioning clearly his/her identity and the object of his/her request to:

AGORIZE

34, rue du faubourg Saint-Antoine

75012 PARIS

19.7. Concerning the possible installation of cookies (or witnesses of connection) on the Participant’s computer during his/her browsing of the Organizer’s website, the Participant is invited to consult the Regulations and Competition Rules, Terms and Conditions present on the website www.agorize.com and that he/she has to accept previously during the opening of an account necessary to participate in the Challenge.

Article 20 - RULES

20.1. The participation in the Challenge and the awarding of the Awards require the acceptance purely and simply and the full compliance for the Rules in all its terms. The Organizers reserve the right to disqualify, immediately and without compensation, any Participant and/or Project not satisfying the aforementioned in full.

20.2. The Organizers reserve the right to modify at any time the terms of the Rules, and during the Challenge without the requirement of notification to the Participant, concerning the application and the validity of these modifications. The Participant is invited to consult regularly the Rules. The Participant gives up expressly any complaint or contesting linked to any modification brought to the Rules by the Organizers.

20.3. Regulations are registered with SCP Bornecque Winandy - Bru Nifosi, huissiers de justice associés 15, Passage du Marquis de la Londe- 78000 - Versailles.

Rules are available for consultation online on agorize.com

A copy of these Rules can be asked for free and with the reimbursement of the stamp used in the conditions of Article 16.

Article 21 - CANCELLATION AND SUSPENSION OF THE CHALLENGE

21.1. The Service Provider and Partner Company reserve the right to cancel, shorten, or suspend the Challenge without prior notice:

• In cases of force majeure;
• If it appears that fraud has occurred in any form whatsoever;
• In the case of the Article 12.9.

21.2. The Organizers cannot be held responsible for cancellation, shortening or suspension of the Challenge according to the present Article and no allowance nor compensation will be due to the Participant.

Article 22 - INDEPENDENCE

22.1. The registration and the participation in the Challenge are not, in any way, for effect to create a link of subordination between the Organizers and the Participant.

Article 23 - CLAIMS

23.1. Any claim of the Participant must be sent in writing at latest 30 days after ending date of the Challenge.

23.2. Claims linked to the functioning of the website www.agorize.com must be formulated in writing at the following address:

AGORIZE

34, rue du faubourg Saint-Antoine

75012 PARIS

23.3. Claims linked to the progress of the Challenge and to the sending of the Award must be formulated in writing at the following address:

AGORIZE

34, rue du faubourg Saint-Antoine

75012 PARIS

23.4. At the risk of being rejected, any claim has to contain:

• Full contact details of the Participant (name, first name, address, zip code, city, Agorize login and e-mail);
• The identification of the concerned Challenge;
• The clear and elaborate presentation of the motives for the claim.

Article 24 - PRELIMINARY RECONCILIATION

24.1. In case of persistent dispute after the Participant has made a complaint in accordance of Article 23, the Organizers and Participants agree to submit their dispute to an amicable settlement before any court proceedings.

24.2. The party eager to initiate conciliation must inform the other party through a registered letter with acknowledgment of receipt in which it will make him know his intentions and it will specify the cause.

24.3. If no agreement is reached between the parties within 30 days of the registered letter reception, parties regain their freedom of action.

Article 25 - APPLICABLE LAW

The Regulations and the Challenge are under the French law.

In case of disagreement on the application or interpretation of the Rules, and the absence of agreement, any dispute will be submitted to the competent court, according to the legal rules of territorial jurisdiction.