DEFINITIONS

Challenge: an assignment for the RedesignMe communityRedesigner: the natural person accepting these terms and conditionsRedesignme Connect: the legal personality RedesignMe B.V. who exploits Redesignme ConnectRedesigns: all ideas posted by Redesigner

REGISTRATION

Challenge Initiator wishes to place a Challenge on the website connect.redesignme.com. ChallengeInitiator requests Redesignme Connect to make an offer free of engagement. Once the offer isaccepted by Challenge Initiator the offer becomes binding between Challenge Initiator andRedesignme Connect, unless Redesignme Connect revokes her offer.

QUALIFICATION

Representative of Challenge Initiator warrants that he or she is entitled to represent ChallengeInitiator and that he or she is permitted to disclose the information admitted in the Challenge.

RESPONSIBILITY

Redesignme Connect guarantees a minimum number of fifteen (15) Redesigns. Redesignme Connecthas to use its reasonable efforts in the performance of its remaning obligations. The remainingobligations of Redesignme Connect are explicitly not result based.Redesignme Connect is not responsible nor liable for the outcome or the usefulness of any Redesignnor for the success of a Challenge.Redesignme Connect is permitted to exclude any Redesigner from participation and to remove anyRedesign without having to give a reason.

REMUNERATION

Challenge Initiator will pay Redesignme Connect a fee determined by Redesignme Connect. The feeconsists of the fee for the winners and the fee for Redesignme Connect. The entire fee is paid inadvance either by creditcard, paypal or banktransfer. Challenge will not be put online before the entirefee has been received by Redesignme Connect.

ASSESSMENT

Challenge Initiator shall publish the winners of the Challenge within four (4) weeks after the closingdate (deadline) of the Challenge. If the Challenge Initiator fails to publish these results within thisperiod, Redesignme Connect is authorized to decide for Challenge Initiator. Redesignme Connectretains all rights to claim damages from the Challenge Initiator caused by the delay or failure topublish the results.

INTELLECTUAL PROPERTY

All (intellectual property) rights regarding the Redesigns and/or the outcome of the Challenge – in anyform or shape - are, or shall be, assigned to Challenge Initiator. If assignment is not possible, Redesignerswill permit Challenge Initiator to use the Redesigns and/or the outcome of the Challenge for its ownpurposes. In so far as possible and permitted under Dutch law, Redesigners shall also waive their(moral) rights. If and in sofar as necessary in the future, Redesigner will have to fully cooperate inassigning any intellectual property right to Challenge Initiator.Redesignme Connect has the right to use the Redesigns and/or the outcome of the Challenge forpromotional activities in original as well as in modified form.

CONFIDENTIALITY

Redesignme Connect cannot be held responsible and liable for the publication by Redesignme Connectof any confidential information provided by the Challenge Initiator for the Challenge or informationthat originated from or during the Challenge.

GENERAL TERMS & CONDITIONS REDESIGNME CONNECTCOMPANY ACCOUNT17 MAY 2011