ILEVEL BRANDS PITCH SLAM TERMS & CONDITIONS
These Terms and Conditions will govern submissions to the iLevel Accelerator Pitch Slam (the “Pitch Slam”) and by making any submission to The Pitch Slam, you agree that you will be legally bound by these Terms and Conditions. The promoter of The Pitch Slam is iLevel Brands, Inc (hereinafter referred to as “iLevel Brands”).
The Pitch Slam is open to any company (hereinafter referred to as “Applicant”) based in North America whose brands generated between $1 million and $5 million in sales in the last financial year. Immediate family members (regardless of where they reside) and/or persons living in the same household, whether or not related, of employees of ILevel Brands Inc, its parent, subsidiaries, affiliates, and advertising and promotion agencies, any companies owned by the same, any current or former brands represented by iLevel Brands and any third party companies associated with The Pitch Slam are not eligible to participate.
THE PITCH SLAM
The Pitch Slam offers Applicants the opportunity to work with ILevel Brands sales teams to grow their purpose-driven emerging health and wellness brands in the natural products industry. The purpose of The Pitch Slam is to stimulate innovation in health & wellness products for North American consumers.
Winners will be determined by a panel of judges (“Selection Team”).
Decisions of the Selection Team are final and may be made in its absolute and sole discretion. ILevel Brands reserves the right to not award any prize, if it does not receive any suitable applications. No details of the deliberations on individual applications will be revealed to Applicants or the public.
Applications to The Pitch Slam can be made by completion of the application form at ilevelbrands.com/accelerator/ between January 13, 2020 and February 22, 2020 (“Application Period”).
Applications are invited from companies who meet the eligibility criteria set out above. ILevel Brands’ particular areas of interest in relation to The Pitch Slam are based on the following criteria:
Product and brand qualities: based on nutrient profile, potential health claims, natural or organic sourcing, clean label and other factors that appeal to consumers, as well as the obvious qualities of taste, brand presentation and value for price.
A clear focus on consumer health: includes plant-based food & beverages, natural & functional benefits, energy management, & purpose-driven values
Presence in the North American market.
Scalable business model.
Uniqueness in the market.
Once an application has been submitted, it cannot be modified in any way and ILevel Brands will not be responsible for any incomplete applications or applications not received, not recognized, not accepted for any reason.
No fees shall be payable to any entrant in relation to their Application. If an Applicant is selected for the final Pitch Slam presentation, all related costs, including travel and lodging to Expo West will be the sole and absolute responsibility of the Applicant.
Applicant represents and warrants that: (i) he/she has the right to submit the application, (ii) all information provided as part of the application is true, complete and not misleading, and (iii) he/she has read, understands and agrees to these Terms.
Applicant will retain all rights in and to Product, including, without limitation, all intellectual property rights. All information disclosed by Applicant will be treated as confidential by ILevel Brands.
Applicant must declare any conflict of interest (whether actual or potential), such as existing investment by companies which compete with any of the ILevel Brands, Inc. group of companies or presence on the management board of individuals who may have such a conflict.
NOTIFICATION OF WINNERS
Final Pitch Slam Applicants will be notified by email and/or telephone, they will have 72 hours to confirm their willingness to participate in the final Pitch Slam presentation to the Selection Team on March 4, 2020, at Expo West (location TBD). If such acceptance is not returned within the specified time period, a notification is returned as undeliverable, or a potential winning Applicant is found not to be in compliance with these Terms, he/she may be disqualified.
If an Applicant is selected for the final Pitch Slam presentation, all related costs, including travel and lodging to Expo West will be the sole and absolute responsibility of the Applicant.
Applicant agrees to release, indemnify, and hold harmless ILevel Brands, its affiliates, and the respective officers, directors, shareholders, employees, agents and representatives of the foregoing from any and all liability, losses, damages, claims and expenses resulting, in whole or in part, directly or indirectly, from or related to Applicant’s participation in The Pitch Slam save where such liability, loss, damage, claim or expense arises as a result of the gross negligence or willful default of ILevel Brands.
Applications generated by script, macro or other automated means or by any means which subvert or tamper with the submission process are void.
Persons who tamper with or abuse any aspect of The Pitch Slam or who are in violation of these Terms, as solely determined by ILevel Brands, will be disqualified.
ILevel Brands reserves the right at its sole discretion to suspend, modify or terminate The Pitch Slam.
A failure by ILevel Brands to enforce any one of the terms and conditions in any instance(s) will not give rise to any claim or right of action by any Applicant, nor shall it be deemed to be a waiver of any of ILevel Brands’ rights in relation to the same.
Except as specifically set out herein and to the maximum extent permitted by law, all conditions, warranties and representations expressed or implied by law are hereby excluded. To the fullest extent permitted by law, ILevel Brands hereby excludes and shall not have any liability to any Applicant in connection with or arising out of The Pitch Slam howsoever caused, including for any costs, expenses, forfeited prizes, damages and other liabilities, provided that nothing herein shall operate so as to limit or exclude ILevel Brands’ liability for personal injury or death caused by its negligence.
ILevel Brands may reserve the right not to grant a $100,000 final prize if a suitable applicant is not identified.
iLevel Brands may reserve the right to modify the prize package.
In the event that any provision of these Terms and Conditions is held to be illegal, invalid, void or otherwise unenforceable, it shall be severed from the remaining provisions which shall continue in full force and effect. These Terms and Conditions shall be construed in accordance with the laws of the United States and the State of Texas.