App Incubator Terms and Conditions
All ideas submitted by you (SUBMITTER) will immediately become property of MEDL Mobile, Inc. (MEDL).
Submission of an idea does not constitute any binding relationship between MEDL and SUBMITTER.
Many applications that are submitted are similar and it is at MEDL’s sole discretion which application, if any, to build and which SUBMITTER to credit.
SUBMITTER will receive 25% of all gross revenues (Gross Revenues are proceeds received by MEDL after app store commission is taken out) generated AFTER the “break even” point for their application (break even is defined as cost paid by MEDL (or born by MEDL in any way) to develop and market application.
If application does not break even, SUBMITTER will receive NO compensation.
By accepting these terms you give consent for MEDL to use your name, likeness, ideas, application and personal information for any and all purposes, including posting on MEDL website and any promotional materials.
Because many ideas may be similar, it is at MEDL’s sole discretion to determine who is the original SUBMITTER of any idea.
Because MEDL is actively developing original applications, a submitted idea may already be in development and such ideas are the property of MEDL.
You give permission to MEDL to contact you via phone and/ or email to further clarify your idea or discuss this agreement.
THIS AGREEMENT IS NOT TRANSFERABLE WITHOUT MEDL’S WRITTEN CONSENT.
THIS AGREEMENT AND IT’S TERMS ARE SUBJECT TO CHANGE AT ANYTIME WITHOUT NOTICE AND AT MEDL’S SOLE DISCRETION.
You must be 18 years or older to participate.
Last updated on 13 January 2012 at 03:12 AM