I am submitting to General Pacific LLC dba Lofty Homes., (together with its subsidiaries and affiliates, collectively referred to as "Lofty") certain ideas, technologies, and/or other materials having to do with products, and/or the development of new products, processes, and/or packaging, (collectively referred to as the "Application"). I understand and agree to the following:
(1) Non-confidential Application. Only non-confidential information is included in the Application. All information disclosed to Lofty in this Application will be considered non-confidential public information and Lofty shall not be required to retain or return any Application. I will indemnify and hold Lofty harmless from and against any and all third party claims, losses, liabilities and damages arising from my Application.
(2) No Commitment. Lofty has no obligation to enter into any discussion or agreement regarding the Application or pay or buy the Application. Moreover, nothing herein will prevent Lofty from pursuing any conversations or agreements for similar Application with other third parties. Further, Lofty shall not be limited or prohibited from creating, developing or acquiring any ideas, products, technologies, concepts or systems that are similar to or compete with the Application.
(3) Additional Representations. I represent that I am 18 years or older. I represent that to the best of my knowledge I am the owner of the Application or authorized representative of the owner.
(4) Governing Law. The website from which this document was downloaded ("Store"), these terms and conditions, and any Application made pursuant to the Store is governed by the substantive law of and is subject to the exclusive jurisdiction of the State of Massachusetts, USA, without regard to any principle of conflict or choice of laws.