Terms and Conditions
This Global Partnership Program Agreement (this “Agreement”) is entered into by the GPP partner (the “GPP Partner”) in favor of Greater Phoenix Economic Council (“GPEC”).
By registering for this program, the GPP Partner acknowledges that it has read, agrees with, and accepts all of the terms and conditions contained in this Agreement.
WHEREAS, the GPP Partner wishes to enter into the Global Partnership Program (“GPP”), a collaborative initiative created to provide full service concierge attraction and aftercare services to companies developing and producing technologies in Internet-of-Things industries and within the core verticals highlighted in The Connected Place campaign.
WHEREAS, in connection with the GPP, the GPP Partner and GPEC may from time to time engage with one another to:
- Help connect local, domestic and international parties interested in joint venture, merger & acquisition, or other investment opportunities to develop relationships, partnerships and conduct due diligence.
- Assist key firms to remain fully engaged with the regional partners well after their investment in the region, thus increasing the likelihood of further expansion and investment.
NOW THEREFORE, in consideration for participation in the GPP, and intending to be legally bound hereby, the GPP Partner agrees to the following:
- To the fullest extent permitted by law, GPEC shall not be liable to the GPP Partner for any costs, losses, claims, damages, liabilities, expenses (including reasonable legal and other professional fees and disbursements), judgments, fines or settlements (collectively, “Indemnified Losses”) arising out of, related to or in connection with any act or omission of GPEC taken, or omitted to be taken, in connection with GPP Partner’s participation in the GPP, except to the extent arising primarily from GPEC’s bad faith, gross negligence, willful misconduct, or fraud.
- To the fullest extent permitted by law, the GPP Partner shall indemnify and hold harmless GPEC for, from and against any and all Indemnified Losses suffered or sustained by GPEC resulting from any action made or brought by the GPP Partner or any third party in connection with GPP Partner’s participation in the GPP, except to the extent arising primarily from GPEC’s bad faith, gross negligence, willful misconduct, or fraud.
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