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INTELLECTUAL PROPERTY ACKNOWLEDGMENT & WAIVER

ideasaboutideas™ has the exclusive right to not accept, or fulfill any development of the suggested content and has no further obligation to the person(s) submitting the content. Suggestion to produce this or any other content ideasaboutideas™  may with or without cause reject any suggestion submitted to ideasaboutideas whether by electronic or other forms of communication. I hereby state that I waive any and all rights I have, or may have, to challenge the validity and enforceability of this acknowledgment and waives any and all causes of action, whether based on contract, equity, law, administrative, or statute it has, or may have, related to this acknowledgment. The Submitter(s) of this Form, (hereafter collectively called I), by pressing the Submit Button and Submittal of the Suggestion Form, make this legally binding Acknowledgment & Waiver (“Acknowledgment”) to the benefit of ideasaboutideas™. I acknowledge that I do not have, have never had, and shall not claim to have, any ownership or other equitable or legal rights in the ideas, designs, developments, inventions, work product, copyrights, marks, know-how, audiovisual works or related subject matter relating to, or arising from, the subject matter referred to as a ideasaboutideas™ (all of the above collectively referred to as “Intellectual Property” for short). In particular, I acknowledge that I do not have, have never had, and shall not claim to have, any ownership or other equitable or legal rights in any ideasaboutideas™. By execution of this Acknowledgment, I further understand that I am waiving any and all rights I have had, has or may have to any consideration, equity, monetary amounts, or royalty payments that are received by, or may be received by, ideasaboutideas™ or an entity ideasaboutideas™ controls related to, or arising from the sale, assignment, license, bailment, option or other transfer or transaction involving some or all of the rights in the intellectual property. I further acknowledge that the content I submit, if accepted by ideasaboutideas™ and the intellectual property shall be exclusively owned by ideasaboutideas™ and no part of the subject ideasaboutideas™and intellectual property was created as a work for hire by the Submitter. This Agreement constitutes the entire agreement of the parties hereto with respect to its subject matter and supersedes any and all prior negotiations, understandings, and/or agreements, whether oral or written. No modification, change or alteration shall be effective unless in writing and executed by both parties.