You agree that any material which you submit to Atlona in connection with your idea submission, including, but not limited to, product descriptions, designs, specifications, or prototypes, will be (i) originally yours, such that no other person has an interest therein or claim thereto, or (ii) you have sufficient rights in and to the submission material so that your submission to Atlona will not violate the rights of any third party.
You acknowledge that Atlona is not receiving your submission or disclosure in confidence and that no disclosure made by you to Atlona will establish a confidential relationship between you and Atlona at any time. Atlona does not have an obligation to and does not maintain in secrecy any submission material.
In exchange for the opportunity to submit product designs and once submitted, you hereby grant to Atlona an unrestricted, exclusive, perpetual, royalty-free, transferable and irrevocable license and right, but not the obligation, to use, edit, alter, reproduce, display, distribute, exhibit, broadcast, or otherwise exploit your submission, in whole or in part, in any form, media, or technology, now known or thereafter existing without any payment to, or further authorization, by you.
You acknowledge that the extensive design and development work currently being carried out by Atlona and its partners and/or designees could touch upon or overlap with the same or similar ideas submitted as part of a submission on this website. Therefore, you acknowledge and agree that Atlona and its partners and/or designees, or other participants, may have created on their own, or may independently create in the future, a design that may be similar or identical to your submission. You waive any rights to assert, instigate, maintain or authorize any action, claim or lawsuit against Atlona or its partners and/or designees, in connection with any claim of infringement of your intellectual property rights with respect to your submission on Atlona’s website.