Oculus Launch Pad Scholarship Terms

AS A CONDITION OF PARTICIPATING, PARTICIPANT AGREES TO THESE OCULUS LAUNCH PAD TERMS AND CONDITIONS AND THE OCULUS TERMS OF SERVICE, AVAILABLE AT https://www.oculus.com/legal/terms-of-service, WHICH ARE INCORPORATED HEREIN BY THIS REFERENCE (COLLECTIVELY, THE "TERMS"). VOID WHERE PROHIBITED BY LAW. ALL DISPUTES WILL BE RESOLVED SOLELY BY BINDING ARBITRATION AND PARTICIPANTS WAIVE THE ABILITY TO BRING CLAIMS IN A CLASS-ACTION FORMAT.

As a condition of participating or attempting to participate, you agree to the decisions of Oculus, which are final and binding in all respects. If you breach any of these Terms, your participation, including, without limitation, any application, is VOID and you must immediately forfeit any and all benefits, if any have been provided to you.

1. OVERVIEW/TIMING: The Oculus Launch Pad (the "Programme") is sponsored by Facebook Technologies LLC (the "Sponsor") and is more fully detailed on the Oculus Launch Pad website found at https://www.oculus.com/launch-pad/ (the "Programme Site"). The Programme begins on or around 12:00:00 pm Pacific Time ("PT") on Friday, 20 April 2018 and ends on or around 11:59:59 pm PT on 31 March 2019 ("Programme Period"). The Programme Period is subject to extension or modification, as determined by Sponsor, at its sole discretion. During the Programme Period, individuals will first need to submit an application (the "Application"). The Application submission period will begin on or around 12:00:00 pm PT on Monday, 9 April 2018 and all Applications must be received by Sponsor via the Programme Site on or before 11:59:59 pm PT on 20 May 2018 ("Application Submission Period"), unless extended by Sponsor, at its sole discretion. If any Application is selected by Sponsor, individuals will be required to attend the Bootcamp, currently scheduled to take place from 23-24 June 2018. After the conclusion of the Bootcamp, each Individual (defined below) will be required to further develop their ideas for the development of VR content (the "Project") and follow Sponsor's instructions (as may be emailed or posted on the Programme Site) to complete and deliver their finished Project on a date to be mutually agreed to between the parties, but in no event later than 31 March 2019, and provide all other required information (collectively with the Application, Participant Content and final Project, the "Content"). Sponsor may terminate or modify the Programme at any time without notice and has no obligation to invite anyone to attend the Bootcamp if it does not like the Applications received.

2. ELIGIBILITY: This Programme is open only to individuals ("Individuals") who are legal residents and physically located in the fifty (50) states in the United States, the District of Columbia or Canada as of the first date of submission of the Application. Participants are not permitted to simultaneously participate in a competing programme (as determined by Sponsor at its sole discretion) during the Programme Period without prior written permission or will be subject to disqualification by Sponsor at its sole discretion. Employees, officers, directors, members, managers, agents and representatives of Sponsor or its parent company (Facebook, Inc.) and each of their respective subsidiary companies, affiliates, divisions, franchisees, representatives, consultants, sub-contractors, suppliers, distributors, legal counsel, advertising, public relations, promotional, fulfilment and marketing agencies (collectively, together with Sponsor and Facebook, Inc., the "Released Parties"), and members of their immediate families (defined for these purposes as including spouse, partner, parents, legal guardians, children and siblings and each of their respective spouses) and individuals living in the same household as such individuals, are not eligible. Participant must not be under any legal or contractual obligation that would prohibit their participation in this Programme as described in these Terms. It is solely Participant's responsibility to ensure that participation in the Programme (including delivery or distribution of any Content produced by Participant) will not be subject to any union or guild-bargaining agreement to which Participant is bound. If participating in this Programme would result in a violation by Participant of any law applicable to it, such Participant is ineligible. As a condition of participating, each Participant agrees to provide documentation or other proof of their eligibility as requested and within the time frame requested at Sponsor's sole discretion. Eligible Individuals who take any action to participate in this Programme will be collectively referred to in these Terms as "Participants" and each individually as a "Participant".

Individuals (each a "Team Member" and together a "Team") may combine at Bootcamp to produce a Project. A Team must be approved by Sponsor in writing and may only consist of five (5) individual Team Members; any Team found to have more than five (5) Team Members will be disqualified. Each Team Member must satisfy all eligibility requirements set forth herein for a Participant or Individual. At the time of application, if one (1) Team Member fails the eligibility requirements, then the Team's Application may be disqualified at Sponsor's discretion. In the event that one (1) Team Member is deemed ineligible, the remaining eligible Team Member may enter the Programme again using a new and different Application. One (1) Team Member must make the Application on behalf of the Team and list the name(s) of the other Team Member(s) in the space provided on the Programme Site. If, at any time during the Programme, any Team Member elects to voluntarily end their participation in the Programme, the remaining Team Member(s) may continue in their individual capacity using the Team's Application or funding, provided that the remaining Team Member(s) secure(s) all necessary permissions and rights from the departing Team Member. Each Team Member shall be deemed to have jointly and severally made and entered into all of the representations, warranties and agreements contained herein and shall be jointly and severally obligated and bound thereby. Except as otherwise expressly set forth herein, all of the Released Parties' rights pursuant to these Official Rules relate to and are exercisable against each Team Member. In the event that a dispute between Team Members cannot be sufficiently resolved, Sponsor may disqualify the Team at its sole discretion. In the event of a dispute where a given Application is deemed to have been submitted by two (2) or more separate Individuals or Teams, without limiting Sponsor's rights and remedies, the Individual or Team that first submitted the Application will be deemed the proper Individual or Team for the Application. In the event of any dispute regarding the identity of an Applicant, the relevant Application will be deemed submitted by the holder of the email account used to apply to the Programme.

3. PROGRAMME DATES: During the Programme Period, there is a series of related deadlines and events which start and end on or around the dates noted below:

IMPORTANT PROGRAMME DATES:

All dates are subject to change/extension, at Sponsor's sole and absolute discretion.

4. HOW TO SUBMIT AN APPLICATION: Those who are eligible to participate in the Programme can visit the Programme Site and follow the on-screen links and instructions to complete and submit the Application. The Application will request portfolio samples of prior work and projects as well as specific questions that will require written responses that may have word count limits. All submitted content included by a Participant in the Application form will be called "Participant Content" in these Terms. To participate, you must already have or must create an Oculus account (Oculus ID) and provide all information required by the Application form, which may include personal information such as first name and surname and email address. Entries received during the Programme Period and in full accordance with these Terms will be reviewed and judged as more fully detailed in the "Selection of Bootcamp Participants" section of the Terms below. All Participant Content must abide by the "Submission Requirements" detailed in the section of the same name below or the Participant may be disqualified from the Programme. By participating in this Programme, each Participant represents and warrants that Participant has the full right and authority to participate in this Programme, submit the Participant Content and grant the rights granted in these Terms.

Limited to one (1) Application for the Programme per Participant during the Application Submission Period. To participate in this Programme, an Application must be submitted and received by Sponsor during the Application Submission Period through the Programme Site in strict accordance with these Terms and all instructions on the Programme Site.

Sponsor collects personal information in order to conduct this Programme. Sponsor reserves the right to contact Participants for verification purposes.

Each Participant acknowledges that other Participants and/or Released Parties may have created ideas and concepts contained in their Application that may have familiarities or similarities to Participant's Application or Participant Content, and that they will not be entitled to any compensation or right to negotiate with the Released Parties because of these familiarities or similarities.

5. SUBMISSION REQUIREMENTS: All aspects of the Participant Content and Content must be truthful and accurate, and any Participant Content or projects listed in Participant's Application must have been created by the Participant, and to the extent that any Participant Content or project is not wholly created by Participant, Participant will identify the portion of the Participant Content that Participant did create and/or Participant's role in the creation. Further requirements for Content will be distributed to Bootcamp Participants.

Participant agrees that their participation in the Programme and agreement to these Terms and Sponsor's reproduction, display and use of the Content in accordance with these Terms will not violate any agreement to which Participant is a signatory or party or any law applicable to Participant. Participant agrees to indemnify, defend and hold harmless the Released Parties from and against any and all claims brought by any third party for any use or reuse by the Released Parties of the Content under these Terms. Sponsor reserves the right, at its sole discretion, to disqualify from the Programme any Participant whose Content (at Sponsor's sole discretion) refers, depicts or in any way reflects negatively upon Sponsor or another Released Party, the Programme or any other person or entity or does not comply with these Terms, including any of the above Submission Requirements.

6. SELECTION OF BOOTCAMP PARTICIPANTS: During the Application Judging Period, Applications (including the Participant Content) submitted by eligible Participants will be reviewed by a panel of judges chosen at Sponsor's sole discretion (the "Judges"), based on the following criteria ("Criteria") according to the percentage weights indicated:

• Innovation: Demonstrate an ability to push the boundaries of virtual reality within a game or experience (35%);

• Diversity: Representative of diversity of thought in the virtual reality industry (e.g. Application represents out-of-the-box thinking) (35%); and

• Technical Ability: The extent to which the game or experience or the Project's design and execution demonstrates technical capability in the virtual reality industry consistent with Oculus Store submissions (30%).

Up to one hundred (100) Applications with the highest scores amongst all of the submitted Applications may be selected by Sponsor based on the Criteria as potential award recipients. All Judges' decisions are final and binding in all matters relating to this Programme.

On or around 27 May 2018, Sponsor, or its designee, will attempt to notify each potential award recipient that they may have won an award by email, phone or using other contact information provided in the Application at Sponsor's sole discretion. In addition, a potential recipient's name and their town or city and state or province or other general information may be posted on the Programme Site or elsewhere publicly at Sponsor's sole discretion. If any award, award notification or Programme-related communication is rejected, faulty or undeliverable; if the potential recipient does not respond according to the notification's or Sponsor's instructions; or if the recipient or potential recipient fails to comply with these Terms, the award may, at Sponsor's sole discretion, be forfeited, and an alternative recipient may be selected (time permitting) based on the original judging Criterion. Sponsor reserves the right to modify the notification procedures and applicable deadlines for responding in connection with the selection of any alternative potential recipient, if any. If an award is legitimately claimed, it will be awarded. Upon award forfeiture or inability to use an award or portion thereof, no compensation will be given and Sponsor will have no responsibility or liability to that Participant. To claim an award, each recipient must follow the directions in their notification. As a condition of being awarded any award, each recipient may be required, at Sponsor's sole discretion, to complete and return a W-9 or other requisite tax form to Sponsor. Decisions of the Sponsor are final on all matters relating to the Programme, including the interpretation of these Terms, the determination of the recipients and the awarding of the awards.

By applying for this Programme and accepting an award, each recipient agrees to maintain their behaviour in accordance with all applicable laws and generally accepted social practices in connection with participation in any Programme or award-related activity, including, without limitation, attending the Bootcamp. Each recipient understands and agrees that Sponsor has the right, at Sponsor's sole discretion, to disqualify and remove any recipient from any activity at any time if any recipient's behaviour at any point is uncooperative, disruptive or may or does cause damage to person, property or the reputation of Sponsor or otherwise violates the policies of Sponsor, and in such a case, the recipient will be solely responsible for any and all related expenses associated with being removed from the Programme.

Each recipient may also, at Sponsor's sole discretion, be required to complete, sign, notarise (if applicable) and return, without alteration and in the form presented by Sponsor: (i) an affidavit of eligibility (including supplying documentation or other proof of eligibility) and liability/publicity release and tax forms (as applicable); and (ii) an agreement with the Sponsor regarding the relationship of the parties and the development and use of a Project that will be created as part of the award, which will contain important restrictions and rights granted to Sponsor (collectively, the "Award Acceptance Documents") according to Sponsor's instructions within three (3) days from when Sponsor sends the Award Acceptance Documents or another time frame as specified by Sponsor or its representative. Failure to comply with these requirements, Sponsor's or its representative's instructions or these Terms may, at Sponsor's sole discretion, result in disqualification from the Programme and forfeiture of any award potentially received. The Award Acceptance Documents, if required, are each subject to verification by Sponsor and may require Participant to provide their Social Security number (if residing in the US) and/or a copy of a government-issued identification card or number therefrom. Federal IRS 1099-MISC forms may be issued as appropriate to US-based recipients at Sponsor's sole discretion. Decisions of the Sponsor are final on all matters relating to the Programme, including the interpretation of these Terms, the determination of the recipients and the awarding of the awards.

7. BOOTCAMP: Sponsor will be awarding (i) a Visa pre-paid cash card issued in the amount of $1,500 that selected Participant must use towards the purchase of an flight ticket and hotel accommodation in connection with their visit to Menlo Park, California, US to attend Bootcamp; and (ii) an Oculus Rift/Touch or a Gear VR, as applicable to Participant's Project, with an approximate retail value ("ARV") of USD 2,100.

Selected Participants are expected to attend the Oculus Launch Pad Bootcamp as part of this scholarship programme.

The Visa pre-paid cash card is subject to the issuer's terms and conditions applicable thereto. It is the sole responsibility of selected Participant to book their own flight tickets and hotel accommodation using the proceeds of the Visa cash card for themselves. It is the responsibility of the winner to provide proper documentation (including government-issued picture identification). All travel must be completed on dates to ensure that Participant is able to attend the Bootcamp. The winners will not receive cash or any other form of compensation if actual travel costs are more than the pre-paid cash card will cover. Sponsor shall not be responsible for any cancellations, delays, diversions or substitution or any act or omissions whatsoever by the airlines, hotels, venue operators, transport companies, providers or any other persons providing any related services or accommodation. Sponsor is not liable for any missed events, opportunities or expenses incurred as a consequence of flight cancellation/delay or ground transport delay. No refund or compensation will be made in the event of the cancellation or delay of any transport or other award element except at the sole and absolute discretion of Sponsor. Additional award details and travel information will be provided to the winner at the time of notification. Selected Participant is responsible for obtaining travel insurance (and all other forms of insurance) at their option and hereby acknowledge that Sponsor has not and will not obtain or provide travel insurance or any other form of insurance. The selected Participant may be required to provide a credit card at the time of hotel check-in. Travel is subject to the terms and conditions set forth in this document, and those set forth by Sponsor's transport service(s) of choice. Lost, stolen or damaged flight tickets, travel vouchers or certificates will not be replaced or exchanged. All expenses not specifically mentioned herein are not included as part of any package, and are solely the selected Participant's responsibility, including, but not limited to: hotel taxes, ground transport at the selected Participant's destination(s), travel insurance, room service, baggage check-in fees, parking fees, laundry service, food, alcoholic beverages, merchandise, souvenirs, telephone calls, tips, gratuities and service charges. Transport service and hotel regulations and conditions apply. Travel and lodging are subject to availability, and any changes made to either of these will be at the expense of the selected Participant.

8. DETAILS ON HOW TO WIN A SCHOLARSHIP: As a condition of attending the Bootcamp, each Participant must be willing and available to render services in connection with the full and final development of the Project, during all periods of pre-production, production and post-production thereof (the "Production Period") and bring original ideas to the Project. The Production Period shall be determined by Sponsor, at its sole discretion, but shall not extend past 31 March 2019 (or as otherwise indicated to Participant by Oculus). Further, in connection with the development of their Project, Participant is required to clear all rights and obtain all necessary releases (including for any music, clips, photographs, locations, actors, contributors and other content) in order to avoid infringing or otherwise violating the intellectual property or other proprietary rights of any third party. The Project should have a minimum running time of two (2) minutes and be produced in the English language. In connection with such clearances and releases, Participant shall use the forms provided by Sponsor if delivered to Participant. Participant must participate until their Project is complete. Each Participant must submit their final Project on or before 31 March 2019 or an earlier date identified by Sponsor; provided, however, the timing of filming will be dependent on various factors such as when activities of a Participant's featured programme are conducted and can be filmed or when access can be obtained to controlled locations. Where filming occurs at the beginning or middle of the Production Period, then Sponsor may set a final delivery date for the Project that is earlier than 31 March 2019. Sponsor reserves the right to maintain final approval of all aspects of each Project, and Sponsor may require Participant to make changes and edits as it determines at its sole discretion. Individuals will be expected to manage the posting of blog posts on a Sponsor forum and post at least eleven (11) posts. All aspects of credit on the Project shall be determined by Sponsor at its sole discretion.

9. LICENCE TO CONTENT: By submitting Content, each Participant shall grant Sponsor rights in their Content as more specifically set forth in the Award Acceptance Documents. Participants should understand that certain rights granted to Sponsor in the Content may require the granting of exclusive rights to Sponsor for a set period of time before the rights to Content are non-exclusive in perpetuity. Any unwillingness by any Participant to grant the required rights to Sponsor may result in Participant being disqualified from continued participation in the Programme, at Sponsor's sole discretion.

Each Participant hereby acknowledges and agrees that the relationship between Participant and Sponsor is not a confidential, fiduciary or other special relationship, and that Participant's decision to submit an Application for the purposes of the Programme does not place Sponsor in a position that is any different from the position held by members of the general public with regards to elements of the Participant Application, other than as set forth in these Terms. For the sake of clarity and without limiting the foregoing, these Terms do not purport to modify the terms of any separate agreement between Sponsor and any Participant, including any confidentiality or non-disclosure agreement. Each Participant understands and acknowledges that Sponsor has wide access to ideas, text, images, code, applications, software and other creative materials. Each Participant also acknowledges that many ideas for films, videos, stories, games, other creative content, applications or online services may be competitive with, similar to or identical to their Content and/or each other in idea, function, components, format or other respects. Each Participant acknowledges and agrees that such Participant will not be entitled to any compensation as a result of Sponsor's use of any such similar or identical material that has or may come to Sponsor from other sources. Each Participant acknowledges and agrees that Sponsor does not now nor will it have in the future any duty or liability (direct or indirect; vicarious, contributory or otherwise) with respect to the infringement or protection of Participant's patent, copyright or other proprietary rights in and to Content.