Terms & Conditions of the FAMAE Challenge As of Feb 14, 2018

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1 Terms & Conditions of the FAMAE Challenge As of Feb 14, 2018 Thank you for your interest in the FAMAE Challenge (the «Competition»). By participating in this Competition and in accordance with the Terms & Conditions, you may be eligible for a possible Award from the FAMAE endowment fund of up to 1,000,000. Please read these Terms & Conditions carefully, as they describe the conditions under which you are allowed to participate in the Competition. As you participate, you are asked to recognize your acceptance of these Terms & Conditions by clicking "Accept" on this Website, but by continuing any use of this website (with or without registering) you are deemed to consent to all of these Terms & Conditions which are a legally binding agreement between you and the Sponsor (the «Agreement»). The Candidate and the FAMAE endowment fund are called the «Parties». A) Purpose fo the Challenge The goal of the FAMAE endowment fund is to seek pragmatic, efficient, durable, universal and moneysaving solutions to make life easier for urban citizens while reducing their environmental footprint. As a consequence, FAMAE endowment fund has set up a collaborative Competition to enable brilliant and innovative inventors to make their ideas come true or to effectively launch their product. B) Publisher and legal disclaimer You are currently connected to the FAMAE endowment fund Website. As such, you commit to comply with the terms of use of this Website as set out below. Publisher information: FAMAE endowment fund, created on September 7th 2016 (file 790), officially published in the «Journal Officiel» # 1694 / page 109. HQ : 12 rue de Lanneau, Paris, France. Website editing Director : Eric Philippon. address: C) Definition - Competition : The FAMAE Challenge. - Competition Sponsor or Sponsor : Famae endowment fund. - Famae Team or Sponsor Team : Board members, persons working for the Sponsor with a salary or on a pro bono basis, directly or indirectly. - Jury : Group of persons being chosen by the Competition Sponsor to review the Projects. Their selection is based on their credentials either as business leaders, renowned scientists or experts in the fields of Technology or Sustainable Development or Circular Economy. - Website : famae.earth and challenge.famae.earth. - User : Individual or entity visiting the Website. - Project : Solution proposed by a Candidate, be it an idea or an existing product or service. The solution has to adress the following issue : «Create a simple and innovative device or scheme to reduce or recycle the yearly wastes generated by a urban family, using if necessary existing solutions». - Candidate or Applicant : Individual(s) or entity that have submitted a Project. Members of the Candidate s team are considered as Candidates. The Candidate s team leader will be the point of contact between the Sponsor and the Candidate. - Helper : Individual(s) or entity that have indicated an relevant innovative product or service to the Sponsor. If the related product or service is among the Nominees then the 1st Helper that has

2 sent the information to the Sponsor will receive In case of multiple references to the same innovative product or service that became a Nominee, the time of arrival indicated on the Sponsor s mail server will be the criteria utilized to choose the sole Helper being rewarded (i.e the «1st Helper»). - Application : Process through which the Candidate gives a certain amount of data to the Competition Sponsor either through the Website or by in order to propose its Project. Some of these data are public (i.e will be available to anybody visiting the Website), the rest is private (i.e accessible only to the Candidate and the Sponsor). - Selection : Process through which Projects will be reviewed by the Sponsor Team and the Jury based on several criteria : Innovation, Feasibility, Impact. It is expected 10% to 20% of Candidates will be selected. - Nominee(s) : Projects ultimately retained to pitch in front of the Jury on May during Vivatech The Projects chosen after the Selection will be thoroughly reviewed by the Sponsor Team and the Jury based on several criteria : Innovation, Feasibility, Impact, Capability to execute. Interactions will occurr between the Candidates and the Jury. Additional data will be required including detailed blueprint of the proposed product / service, business plan, costing analysis, summaries of Candidate s team members. In any cases, the Sponsor Team will help all the chosen Candidates to enhance their Project. - Awardee(s) : Projects ultimately elected after the final pitch that will receive an Award. The Nominees will interact with the Jury and the Sponsor Team before the Award ceremony to enhance their Projects. - Designated Entity : Entity that the Awardee chooses to receive the Award funding. - Award funding : The Awardee will receive funding from the Sponsor to cover Project-related expenses such as IP protection, patent filing, product / industrial design, 2D / 3D blueprint making, prototyping, manufacturing, shipping, marketing, monitoring, IT, incorporating a legal entity This funding will, if necessary, cover third party costs or salaries. Legally speaking, the funding will be made either through a grant, an equity injection or a loan (with or without reimbursement). If the Candidate has chosen a Philanhropic status (i.e IP related to the Project is made available to anybody, free of charge) then the funding will occurr mostly as a grant. If the Candidate has chosen another status (i.e IP related to the Project is not made available to everybody free of charge), then the funding will occurr mostly as a mix of equity injection and loan (with or without reimbursement). - Intellectual Property Rights : All copyright, patent rights, trademark rights, trade secrets, designs and other proprietary information, whether or not such rights are registered or capable of being registered under any statutory or common law of France or any other jurisdiction. - Third Party Sites : Any site operated by neither the Candidate nor the Sponsor, which may be used by the Candidate or the Sponsor on the Website (i.e link to youtube, link to Facebook, link to one of the Sponsor s partners website ) D) Eligibility The Competition is open to everybody, be it an indiviual, a university, a gouvernemental / regional / local organization, a for-profit organization (limited liability company, partnership ) or a not-for-profit organization (foundation, NGO, association ). The Awardee(s) will have to be organized as a legal entity in due time to receive the Award funding. No individual or entity may register more than once (for example, by using a different username/ ). Multiple registrations for an applicant using multiple identities are not allowed. The Competition Sponsor reserves the right to reject the Application of a Candidate if, in its sole discretion, the laws of the governing jurisdiction applicable to the Candidate would prohibit or limit the

3 Competition Sponsor from proceeding with the Competition as intended or the consideration or making of any Award would impose additional administrative, tax, operational, or legal burdens on the Competition Sponsor. Ineligible persons or entities Neither Famae Team members nor Jury members are permitted to participate either directly or indirectly with any Candidate submitting a Project; any such participation will disqualify the related Application. E) Application Application opens on November 15, 2017, at 12 :00 am Paris Time. Visitors on the Website may apply to the Competition. They may apply as Helpers or as Candidates. The Application may be carried out in several steps. However, an Aplication will be considered as complete if and only if all the required data have been provided by the Candidate. At some point in time, it may be required to fill a mandatory form and to provide specific files (pdf, jpeg). Applications are due on February 28, 2018, at 6:00 pm, Paris time except Applications related to the Research Prize and the Design Prize that may be submitted until April 30, 2018, at 6:00 pm, Paris time. The data required for the Application are simple to make the Competition accessible to anybody. It includes information related to the Candidate : team leader name (who is the point of contact for the Sponsor), other team members names, adresses, country / region, status (i.e student, startup, NGO ). It includes simple information related to the Project : name, title, short description, image or photo or blueprint, Project Presentation memorandum. The Applicant may include additional information : link to relevant website or social network page, video. The Application shall not, in the sole discretion of the Competition Sponsor, contain obscene, pornography, pedophile, apology of crimes against humanity, apology of and incitement to terrorism, defamatory, racist, theatening, harassing, unlawful or otherwise objectionable or inappropriate content. An Application may be suppressed by the Competition Sponsor if it does not comply with this rule. The Candidate has to indicate whether its Project is «collaborative» or not («Yes» or «No»). This selection is made public on the Website. If you select «Yes», you accept to receive offers to collaborate from other Users, which you may accept or not at your sole discreetion. If you select «No», other Users will not be able to contact you. Thus, Users may collaborate on a single Application (and constitute a single Candidate) subject to these Terms & Conditions. However, if this given Candidate becomes an Awardee then a single legal entity must have the legal responsibility and authority for the use of any Award funding. The Candidate has to indicate whether its Project is «Philanthropic» or not («Yes» or «No»). If you select «Yes», you commit to share the Intellectual Property related to your Project free of charge to make it easier to expand (i.e you believe in a not-for-profit approach). If you select «No», you indicate you do not wish to share for free the Intellectual Property related to your project (i.e you believe to a for-profit approach). Some of the required data are public (i.e will be available to anybody visiting the Website), the rest are private (i.e accessible only to the Candidate). It is clearly indicated on the Website. Please note the Project Presentation memorandum and the Philanthropic status are private. The Project may tackle all types of waste generated by an average 4-person family (i.e 2tons of yearly wastes see Website) or focus on a single category. The Project may offer innovative recycling solutions or propose ways to reduce the quantity of wastes by modifying the manufacturing process of goods bought by a 4-person family. However, if a Candidate applies with an innovative approach to adress another type of waste, then the Jury and the Sponsor may be willing to review it.

4 The Candidates whose Projects have been chosen after the Selection will interact with the Sponsor Team and the Jury through on-line or off-line Q&A sessions. Candidates acknowledge that reference checks may be carried out by the Sponsor if necessary. Additional data will be required including detailed blueprint of the proposed product / service, business plan, costing analysis, biographies of Candidate s team members detailing their experience relevant to the Project. The Nominees will be invited to pitch on May 26, 2018 in Paris during the Vivatech event. Prior to this event, they will be invited to interact with the Sponsor Team and the Jury. The purpose is to enhance the Projects of the Nominees, whatever the final outcome. Foreign Nominees will be invited by the Competition Sponsor (i.e accomodation costs covered by the Sponsor). Disclaimer related to the Application : Nothing herein represents a commitment by the Competition Sponsor to award any funding to any entity making an Application, participating in, responding to, or submitting subsequent information in response to this competition. Any Award will be evidenced by a Award Agreement signed by authorized representatives of the Competition Sponsor and the Awardee. An Application will not be returned to an Applicant. Each Applicant should retain a copy of its Application. F) Awards The Jury will ultimately decide which Projects are to be awarded. The Jury is expected to create various Award categories such as : - Design Prize Award related to a trash bin and a compost bin ; - Research Prize Award (i.e works of a researcher that may have a strong impact on waste reduction or waste recycling in the future) ; - Emerging Idea Award (i.e a product or a service which does not yet exist and needs financing to bridge idea to reality) ; - Promising Product Award (i.e a product or a service which does exist and needs financing to expand) ; - Social Entrepreneur Award (i.e a product or service which create economic value while complying with sustainable development requirements) ; - The Grand Award (i.e a simple and innovative solution which will bring life-changing impact on waste reduction or waste recycling). The Sponsor commits a minimum funding per Award category. The maximum per Award category is since the Jury may decide to allocate a large amount of money to a single exceptional Project. It is extremely unlikely that not a single Nominee be chosen by the Jury before May In that case, the Sponsor irrevocably commits to extend the deadline of the Competition to source new Projects and identify Nominees and allocate the Award(s) G) Award agreement The Competition Sponsor is required to exercise expenditure responsibility and related regulations with respect to Award funding made to legal entities. The Awardee will be obligated to execute a written Award Agreement and ensure the Award funding is spent solely for the purpose for which it is/was made (i.e payment of Project related expenses ). The Competition Sponsor is also required to take action to recover any funds that are diverted or not spent for their purposes. H) Intellectual Property The Project submitted by the Candidate must be its own or if it is not the Candidate must be able to produce a license or other authority permitting him to use any Content that is not owned by him. The

5 Candidates represents and warrants that his Application is an original work created solely by him, that he owns all Intellectual Property in and to the Application, that he does not infringe any third party rights and that no other party has any right, title, claim or interest in the Application, except as expressly identified by the Candidate in writing in his Application. The ownership and use of any subsequent Intellectual Property Rights arising from the Award made by the Competition Sponsor will belong to the Designated Entity that will receive the Award funding. Intellectual Property Rights of the Candidate are protected as the Famae Team and the Jury commit to strict IP, non-compete and confidentiality rules : - The IP related to any Project belongs only to the Candidate ; - Famae Team and the Jury shall not launch a for-profit or not-for-profit activity directly based on any Candidate s Application content ; - The Famae Team and the Jury shall not communicate any information related to the Project labelled as private without the prior consent of the Candidate. You acknowledge that the Sponsor is the owner of all Intellectual Property Rights in and to this Website (excluding Application Content). You acknowledge that you have no Intellectual Property Rights in or to this Website. You acknowledge that all text, graphics, user interfaces, photographs, trademarks, logos and artwork, including the design, structure, selection, coordination, expression, 'look and feel' and arrangement of such Content, provided by the Sponsor or its licensors on this Website is owned or licensed by or to the Sponsor and is protected by applicable copyright, patent and trademark laws and various other intellectual property rights and unfair competition laws. No such Content can be copied, publicly displayed, modified, sold, licensed or distributed in any way by you without the Sponsor s prior written consent. You shall not use the name of the Sponsor, the photos or representations of the Famae Team members, the photos or representations of the Jury members, without the prior written consent of the Sponsor. I) Judging The Jury will review and select the Projects in its sole discretion. Unanimity is looked for. However, to avoid dreadlock situation, majority rule will ultimately apply (including positive vote of the Sponsor s representative). The requirements for your Application are clearly described on the Website.Your Project will be reviewed by the Sponsor Team and by the Jury based on several criteria : Innovation, Feasibility, Impact, Capability to execute. The Sponsor Team and the Jury are permitted to communicate with Applicants. J) Public content and private content Applicants permit the Sponsor to publish some parts of the Application content : name of Candidate, name of Project, photo / image / blueprint, short Project description, the Project option «Collaborative or not». The relevant data are labelled as «public» in the «Propose a project» template. The Candidate may provide additional information such a link to relevant website or social network page, and video(s) hosted on a third party site, which are, by definition, public information. On the other hand, some parts of the Application content remain strictly private including the Project Presentation memorandum, the Project option «Philanthropic or not». The Famae Team and the Jury have full access to all data registered by the Applicant, be it public content or private content. K) Commitments from both Parties

6 The Competition Sponsor will not use any information for commercial purposes or sell the information to third parties. You agree to act in good faith and in accordance with the Terms & Conditions. You irrevocably confirm the content of your Application (i) is not false, inaccurate, misleading or fraudulent, (ii) does not violate any applicable law, (iii) is not harmful to persons under the age of 18 years. If for any reason, the Competition is not capable of running as planned, due to infection by computer virus, bugs, worms, Trojan horses, denial of service, tampering, unauthorized intervention, fraud, technical failures or any other causes beyond the control of the Sponsor that corrupt or affect the administration, security, fairness, integrity, or proper conduct of this Competition, the Sponsor reserves the right, at its sole discretion, to cancel, terminate, modify, or suspend the Competition. The Sponsor reserves the right to amend or modify this Agreement at any time, provided that if such modifications materially limit your rights and/or expand your obligations hereunder, the Sponsor will notify you electronically, such as by or through the Website. Such material modifications will take effect on the earlier of the date you indicate your assent (by clicking "Accept" or otherwise) or 30 calendar days after Sponsor s notice. No modification of the Agreement will apply to any dispute between you and the Sponsor that arose prior to the effective date of the modification. If at any time you disagree with the Agreement or any modifications thereof, You may terminate this Agreement and shall cease using this Website. Your continued use of the Website after the revised Agreement becomes effective (such as following notice as set forth above) indicates that you have read, understood, and agreed to the revised Agreement. Any new or different terms supplied by you are specifically rejected by the Sponsor unless the Sponsor agrees to them in a signed writing specifically including those new or different terms. The Sponsor may alter this Website from time to time by adding or removing features. This Agreement will not be affected by any alterations to this Website. The Competition Sponsor reserves the right to terminate, alter, or suspend this Competition at any time. By submitting an Application or information pursuant to this Competition, each Applicant shall be deemed to have acknowledged that the Competition Sponsor shall have no obligation to make any funding and shall have no liability to any applicant or other person or entity should they determine not to proceed with this process or not to make any funding. It is further understood that any funding that may be considered pursuant to this process must satisfy certain legal criteria in the sole discretion of the Competition Sponsor. L) Limitation of liability By submitting your Application, you agree to release, discharge and hold harmless the Sponsor, the Famae Team and the Jury, and their partners, affiliates, subsidiaries, advertising agencies, agents, employees, officers, directors and representatives from any claims, damages, expenses, or losses of any kind or nature arising out of your participation in the Competition and the acceptance and use, misuse, or possession of any Award. Neither the Sponsor, the Famae Team and the Jury assume responsibility for any error, omission, interruption, deletion, defect, or delay in operation or transmission; communications line failure; theft or destruction of or unauthorized access to Competition applications or application forms; or alteration of applications or application forms. Neither the Sponsor, the Famae Team and the Jury are responsible for any problems with or technical malfunction of any telephone network or lines, computer online systems, servers or providers, computer equipment, software, failure of any application to be received on account of technical problems or traffic congestion on the Internet or any website, human errors of any kind, or any combination thereof, including any injury or damage to Applicants or any other persons computers related to or resulting from participation, uploading or downloading of any materials related to this Competition. M) Termination

7 You may terminate your participation in the Competition at any time and without cause by notifying the Sponsor through this Website. If you terminate your participation, this Agreement will continue to apply to any data provided by you prior to giving the notice described above. The Sponsor may, in its absolute discretion, terminate or suspend your participation at any time and without notice if he believes that: - You have breached the Terms & Conditions ; - The Sponsor is unable to verify any information provided by you; If the Sponsor terminates your participation, it may, at its sole discretion, immediately withdraw your Application, which will have no force and effect from the date on which your participation was terminated. If your participation is terminated, either by you or by the Sponsor, you are no longer authorized to access this Website. If for any reason, the Competition is not capable of running as planned, due to infection by computer virus, bugs, worms, Trojan horses, denial of service, tampering, unauthorized intervention, fraud, technical failures or any other causes beyond the control of the Sponsor that corrupt or affect the administration, security, fairness, integrity, or proper conduct of this Competition, the Sponsor reserves the right, at its sole discretion, to disqualify any individual(s)or Candidate who tamper with the process. N) Commission Nationale de l Informatique et des Libertés (CNIL) In accordance with the provisions of French Law No dated January 6th 1978 (amended later on), the User is informed that the processing of personal data carried out by the Sponsor is to be declared to the «Commission Nationale de l Informatique et des Libertés» (i.e National Commission of Informatics and Liberties). As such, the Sponsor commits to protect all personal data of the users. These data are collected and processed by the Sponsor under strict confidentialty standards in accordance with the French Law of 6 January 1978 (amended later on). In accordance with the provisions of Articles 38, 39 and 40 of the French Law No of 6 January 1978 (amended later on), the Users shall have the right at all times to : - Forbid the collection and processing of his / her personal data carried out by the Sponsor ; - Forbid the disclosure of such data to third parties ; - Access to all personal data processed by the Sponsor ; - Amend, update and delete personal data processed by the Sponsor. In order to exercise their rights under the French Law No of 6 January 1978 (amended later on), the User must send a registered letter with acknowledgment of receipt stating clearly their identity and the purpose of their application to: FAMAE, «Correspondant Informatique et Libertés», 12 rue de Lanneau, Paris. The contact for such purposes is Mr Eric Philippon, In accordance with the «Norme Simplifiée» No. 48, FAMAE has a register of the data collected. It is freely available to any user provided the later sends its request via registered mail with acknowledgment of receipt to the following address: FAMAE, «Correspondant Informatique et Libertés», 12 rue de Lanneau, Paris. O) Internet security and User privacy This Website has been designed in accordance with stringent security standards by the IT company Matters. The website is protected by the Sqreen software. The Sponsor utilizes OVH, leading European IT company, as an internet service provider. The Website is hosted under https protocol. Data from Applicants are stored in France, and as such, benefit under French law from the highest data privacy protection in the world. Cookies are utilized only to enable an Applicant to keep its connection open and to implement Google analytics. Please note you can remove them through a specific setting of your internet navigator.

8 P) Governing law and 3rd party sites This Competition is void where prohibited. Applicants agree that this Competition shall be subject to and governed by the laws of France and the forum of any dispute shall be in the courts of Paris, France. The Competition Sponsor reserves the right to disqualify any participant who violates the Terms & Conditions. From time to time, the Sponsor may provide, or any Content may contain, links to Third Party Sites and resources. You acknowledge that: - The Sponsor has no control over Third Party Sites and resources ; - The Sponsor is not responsible for the availability of such external sites or resources ; - The Sponsor does not endorse nor is either responsible for any content, advertising, products, services or other materials on or available from such sites or resources. You acknowledge and agree that the Sponsor will not be responsible or liable, directly or indirectly, for any Loss caused or alleged to be caused by or in connection with your use of or reliance on any Content or material available on or through any Third Party Sites or resource. Q) Contact Information The Sponsor is more than happy to be contacted should the Candidate has any questions. All questions, notices, requests, demands, consents, approvals, offers, agreements or other communications given by you to the Sponsor must be ed at

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