The Render Network Foundation Bounty Program Terms and Conditions

2.1. To participate, you must:

• Be at least 18 years old or the age of majority in your jurisdiction.
• Not be a resident or citizen of, or located in, any jurisdiction where participation in the Program or receipt of rewards is prohibited by law, including but not limited to jurisdictions subject to sanctions or embargoes imposed by the Cayman Islands, United States, European Union, or United Nations.
• Comply with all applicable local, national, and international laws, including tax and anti-money laundering (AML) regulations.
• Not be an employee, contractor, or affiliate of the Foundation or its subsidiaries, unless expressly permitted by the Foundation.

2.2.

The Foundation reserves the right to disqualify any Participant who violates these T&Cs or whose participation may harm the Foundation or The Render Network.

2.3.

The Foundation may, at its sole discretion, require Participants to provide additional documentation, including but not limited to Know Your Customer (KYC) verification, signed contracts, or other materials to confirm eligibility or compliance with applicable laws.

3.1. Bounty Campaigns:

Each Bounty will have specific guidelines, tasks, reward structures, and deadlines, which will be published on the Foundation's official website, platform, or designated communication channels (e.g., The Render Network's website, Discord, or other platforms).

3.2. Submission Process:

Participants must submit contributions through the designated submission process outlined in each Bounty. Submissions must meet all specified requirements, including format, content, and deadlines. Participants hereby give the Foundation the right to use and process the personal information of the Participants that is provided in connection with their submissions. The Foundation may post the names of Bounty winners on the Foundation's website and may use the names, likenesses and other personal identification of Bounty winners in connection with the Bounty program, its promotion and the subject matter of any Bounty that a Participant receives. The Foundation's use of any such personal information will be governed by the Foundation's privacy policy which can be found at [insert url].

3.3. Quality Standards:

Contributions must be the sole original work of the Participant making the submission, meet the Foundation's quality standards, and comply with the Bounty's guidelines. Any ambiguity or lack of clarity in Bounty guidelines will be resolved in the sole judgment of the Foundation. The Foundation reserves the right to reject submissions that are incomplete, fraudulent, or do not meet stated criteria and the right to disqualify Participants who make any such submissions. Determination of compliance with the requirements of this paragraph will be made by the Foundation in its sole discretion, and the Foundation's sole determination will be final and binding on all Participants.

3.4. Additional Documentation:

For certain Bounties, the Foundation may require Participants to execute additional agreements (e.g., contracts, non-disclosure agreements) or provide KYC/AML documentation before rewards are issued. Failure to provide such documentation may result in disqualification or forfeiture of rewards.

3.5. No Guarantee of Reward:

Participation does not guarantee a reward. Rewards are issued solely at the Foundation's discretion, based on the quality, validity, and compliance of submissions.

4.1. Reward Types:

Rewards may include RENDER, USDC, fiat currency, or other incentives as specified in each Bounty. The Foundation reserves the right to modify reward types or amounts at its discretion. Whether a submission complies with the requirements of the Program and whether any given submission qualifies for a Reward will be determined by the Foundation in its sole discretion, and the Foundation's determination regarding the same will be final and binding on all Participants.

4.2. Reward Distribution:

Rewards will be distributed according to the timeline and process outlined in each Bounty. Participants are responsible for providing accurate wallet addresses or payment details. The Foundation is not liable for rewards sent to incorrect addresses due to Participant error.

4.3. Tax and Compliance:

Participants are solely responsible for any taxes, duties, or other obligations arising from receiving rewards. The Foundation may withhold or deduct amounts as required by law or request tax-related documentation (e.g., W-8/W-9 forms) before distributing rewards.

4.4. Non-Transferability:

Rewards are non-transferable until distributed to the Participant.

5.1. Ownership of Submissions:

By submitting a contribution, you grant the Foundation a worldwide, non-exclusive, royalty-free, perpetual, and irrevocable license to use, modify, distribute, and incorporate your submission into The Render Network or related projects, unless otherwise specified in a Bounty or separate agreement.

5.2. IP Assignment:

For certain Bounties (e.g., software development, creative works), the Foundation may require Participants to assign full intellectual property rights to the Foundation. Such requirements will be specified in the Bounty guidelines or a separate contract.

5.3. Original Work:

You represent and warrant that your submissions are your sole original work, do not infringe on third-party rights, and comply with all applicable laws.

6.1.

Participants may receive access to confidential or proprietary information related to The Render Network. You agree to maintain the confidentiality of such information and not disclose it to third parties or to use it for any purpose other than participation in the Bounty program without the Foundation's prior written consent.

6.2.

For certain Bounties, the Foundation may require Participants to sign a non-disclosure agreement (NDA) as a condition of participation.

8.1. KYC/AML:

The Foundation may require Participants to complete KYC/AML verification for certain Bounties, particularly those involving high-value rewards. Failure to comply may result in forfeiture of rewards.

8.2. Sanctions:

Participants must not be listed on any sanctions lists or reside in jurisdictions subject to sanctions that prohibit participation in the Program.

8.3. Laws:

Holding and trading rewards, including RENDER, may be subject to various laws and regulations. Participants are responsible for ensuring compliance with all laws and regulations regarding the holding and trading of their Rewards.

9.1. Governing Law:

These T&Cs and the Program are governed by the laws of the Cayman Islands, without regard to conflict of law principles.

9.2. Arbitration:

Any controversy, dispute or claim between the parties arising out of or relating to this Agreement (including, without limitation, the breach, termination or validity thereof), shall be settled by arbitration administered by the Cayman Islands International Arbitration Centre (CIAC) in accordance with the Arbitration Act (as amended) of the Cayman Islands. The arbitration shall be seated in George Town, Cayman Islands, and shall be heard in the English language and determined by a sole arbitrator. Any award or decision made by the arbitrator shall be in writing and shall be final and binding on the parties, and judgment upon any award thus obtained may be entered in or enforced by any court having jurisdiction thereof. No action at law or in equity based upon any claim arising out of or related to this Agreement shall be instituted in any court of any jurisdiction by Participant.

10.1.

The Foundation is not liable for any direct, indirect, incidental, consequential or other damages arising from the Program or your participation in the Program, including but not limited to loss of rewards, data breaches, or technical issues, and you hereby release the Foundation and all persons participating in the Program from all such damages, known or unknown.

10.2.

The Program is provided on an "as-is" basis, and the Foundation makes no warranties regarding the availability, accuracy, or security of the Program or The Render Network.

11.1.

The Foundation reserves the right to modify, suspend, or terminate the Program or these T&Cs at any time, with or without notice. Changes will be posted on the Foundation's official website or communication channels.

11.2.

Continued participation after changes to the T&Cs constitutes acceptance of the revised terms.

14.1. Severability:

If any provision of these T&Cs is found to be invalid or unenforceable, the remaining provisions remain in full force and effect.

14.2. Entire Agreement:

These T&Cs, along with any Bounty-specific guidelines or additional agreements required by the Foundation, constitute the entire agreement between you and the Foundation regarding the Program.

14.3. No Waiver:

The Foundation's failure to enforce any provision of these T&Cs does not constitute a waiver of that provision.