Squad Hackademy Terms & Conditions

About The Event

Teams of students will compete against each other by integrating Squad APIs to provide a technological solution to a problem in their University community. The team or teams which, in the opinion of HabariPay Ltd, a subsidiary of GTCO Plc. makes the best attempt at developing such a solution will receive a prize for themselves. All prizes are awarded “as is” and HabariPay, to the fullest extent permitted by law, makes no warranty or condition in respect of any prize or part thereof. HabariPay reserves the right to change any prize at its discretion.

By entering the Squad Hackademy (“Hackathon”), entrants accept and agree to be bound by these Hackathon Official Rules (the “Rules”) and the decisions of the judges, which shall be final, binding and conclusive on all matters.

Prizes

NGN 2,500,000 The Squad Hackademy 1st place Prize consists of the following: One winning team (up to 4 people total) will receive: 2,500,000 Naira to be shared equally among all team members, awarded in the form of GTBank utility cards Publicity through Squad and GTCO communication channels.

NGN 1,500,000 The Squad Hackademy 2nd place Prize consists of the following: One winning team (up to 4 people total) will receive: 1,500,000 Naira to be shared equally among all team members, awarded in the form of GTBank utility cards Publicity through Squad and GTCO communication channels

NGN 1,000,000 The Squad Hackademy 2nd place Prize consists of the following: One winning team (up to 4 people total) will receive: 1,000,000 Naira to be shared equally among all team members, awarded in the form of GTBank utility cards Publicity through Squad and GTCO communication channels Prize Conditions

All prizes are awarded “AS IS.” HabariPay Ltd makes no warranty with respect to any prize or any part thereof. No transfer or assignment of the prize is permitted, and the cash equivalent of the prize will not be substituted, except at the sole discretion of HabariPay Ltd. HabariPay Ltd reserves the right to substitute a prize with another prize of equal or greater value if the stated prize should become unavailable for any reason. By entering the Hackathon, each winner consents to the use of his/her name, photograph, voice recording and likeness for publicity purposes by HabariPay Ltd, without additional compensation or permission, except where prohibited by law.

General

Submission of an entry does not guarantee participation in the Hackathon. HabariPay Ltd is not responsible for incomplete, lost or misdirected entries or entries received after the deadline. HabariPay Ltd is not responsible for transmission defaults, computer server failure and/or delayed, garbled or corrupted data transmissions or for any communications that do not arrive due to entrant’s e-mail security settings or restrictions imposed by entrant’s internet service provider. Participants who are provisionally accepted for the Hackathon will be sent a notice to the e-mail address in their entry form and will be required to confirm receipt of such notice and attendance at the Hackathon. In the event that confirmation is not received by the date requested in the notice form, the participant will be notified that they are no longer invited to attend the Hackathon and the invitation will be passed to another participant. All participants are required to sign up as a group of not HabariPay Ltd.

Data

You hereby undertake that everything you develop, write and create in your participation in the Hackathon is your own work and is not the work of any third party. You further agree that you will keep confidential all information of a confidential nature or which is proprietary to HabariPay Ltd which is disclosed to you under or pursuant to the Hackathon, and not disclose it to any third party. HabariPay Ltd policy is to comply with all applicable privacy laws and regulations in connection with the Hackathon. HabariPay Ltd will not pass on any of your details to any third party without your prior consent. In entering the Hackathon you agree that photos and videos taken at the Hackathon may be published on the GTCO intranet page and used by GTCO and subsidiaries generally, including, by way of example but not limitation, on the internet, in print and in broadcasts, to publicise the Hackathon. You further agree that you will participate in related publicity and to the use of your name and likeness for the purposes of advertising and publicity of the Hackathon.

By participating in this hackathon, each participant acknowledges and agrees that any software, code, applications, prototypes, or other intellectual property developed during the course of the event (collectively referred to as 'Work Product') shall be deemed open source, and the participant hereby grants an irrevocable, worldwide, royalty-free license for the perpetual use, modification, distribution, and commercial exploitation of the Work Product.

Participants expressly understand and consent to the Work Product being made publicly available under an open source license, and they hereby waive any moral rights, attribution rights, or other rights that may conflict with the open source nature of the Work Product. This license includes, but is not limited to, the right to sublicense, distribute, sell, or otherwise exploit the Work Product for commercial purposes, without any obligation of compensation or attribution to the participant.

Participants retain ownership of their individual contributions to the Work Product, but the overall Work Product, including any enhancements, modifications, or combinations thereof, shall be treated as open source and available for unrestricted use.

This open source and commercial utilization clause is an integral part of the terms and conditions governing this hackathon, and participants are advised to carefully review and understand its implications before engaging in any development activities. By participating, participants affirmatively acknowledge their acceptance of these terms and agree to be bound by them throughout the hackathon and beyond.

HabariPay Ltd decisions in respect of all aspects of the Hackathon, including, without limitation, participation in the Hackathon and the award of prizes, are final, and no correspondence will be entered into.

To the extent that HabariPay Ltd’s performance of any of its obligations pursuant to these Rules is prevented, hindered or delayed, directly or indirectly, by an event beyond its reasonable control, then HabariPay Ltd’s and its “Parent Company” is excused from any further performance under these Rules or in respect of the Hackathon. To the fullest extent permitted by law, HabariPay Ltd will not be liable for any claim in respect of indirect loss, loss of profit, loss of a business opportunity, economic loss or any special or consequential loss arising out of any act or omission committed by HabariPay Ltd hereunder. Further, all participants/team members pursuant to these Rules agree to release HabariPay Ltd and its parent company, affiliates, subsidiaries, officers, directors, agents, employees, and all others associated with this Hackathon, from any and all liability with respect to, or in any way arising from this Hackathon, including liability for personal injury, damage or loss.