INTERNATIONAL BREWERIES FOUNDATION “THE FOUNDATION” KICK START TERMS AND

CONDITIONS – WARRANTIES, INDEMNITIES AND COMPETITION AGREEMENT

This Warranties, Indemnities and Competition Agreement must be read and signed; by Signing this

Warranties, Indemnities and Competition Agreement, each Entrant agrees to the following conditions:

Originality of Entry Proposal, Intellectual Property Warranty and Indemnity: The Entrant

warrants that all ideas and concepts set forth in the Entry are the original work of the Entrant, and the

Entrant is under no agreement or restriction that prohibits or restricts his or her ability to disclose or

submit such ideas or concepts to the Competition. The Entrant further warrants that the Rights of any

equipment, materials or reports used in connection with the Rights of the Entrant shall not infringe

upon or violate the Intellectual Property rights or Proprietary rights of a third party. The Entrant

indemnifies International Breweries Foundation (and its partners International Breweries Plc. and AB

Inbev ) against and undertakes that the Entrant shall pay all cost, damages and attorney fees relating

to a violation of Intellectual Property rights or Proprietary rights of a third party; and the Entrant shall

reimburse International Breweries Foundation (and/or its partners, International Breweries Plc. and

AB Inbev) on demand with sums already advanced as price money, all other related cost, damages

and attorney fees in connection with such action.

Representing International Breweries Foundation (Kick Start Ambassador): The Entrant agrees

to act as a Brand Ambassador to International Breweries Foundation during the duration of the award

and shall represent her at functions as requested by the Foundation. The Entrant shall not engage in

any commercial relationship howsoever with Competing products/brands or foundations of competing

products/brands of International Breweries Foundation during the duration of the kickstart season and

18months thereafter. The entrant further agrees that he/she must inform the Foundation prior to

applying for any other grant of entrepreneurship nature.

The Beneficiary: The beneficiary of the award is the Entrant in whose name the application form was

submitted; the benefits of the award cannot be inherited, devised transferred, transmitted or

reassigned to a third party, privy or partner. The Foundation reserves the right to give monetary award

or give equivalent of award sum in equipment form and beneficiary will accept this right as may be

exercised.

The Purpose of the award: The award is solely for the Entrant’s business and not for the Entrant’s

personal use.

The Award Period: The Award period shall be for one year during which period and shall be

disbursed in a manner International Breweries Foundation deems fit and proper. Entrant/beneficiary

agrees to the use of his/her image(s), pictures, business story and any related appearances by the

Foundation/its partners to be reproduced in any format or medium.

Appointment of Mentors: The beneficiary/Entrant further agrees to have his/her business mentored

by an individual International Breweries Foundation shall appoint for this purpose; the mentorship

shall be for the duration of the award.

Due diligence, Financial, Credit and Security Check: Not minding that an Entrant has been

announced as a Beneficiary of the Award, International Breweries Foundation reserves the right to

revoke the award, at any time before the expiration of the award period, where it discovers that the

Entrant/Beneficiary made false representations or has violated the Intellectual Property rights of a

third party and or any other reason which infringes on the code of business ethics of International

Breweries Foundation (and/or its partners, International Breweries Plc. and AB Inbev)

I confirm that I have read and fully understand the Rules, Guidelines and obligations as contained

herein and pledge to be bound by its content.