Apex App Challenge Terms and Conditions

All ideas submitted by you (SUBMITTER) will immediately become property of Apex Knowledge, LLC. (APEX).

Submission of an idea does not constitute any binding relationship between APEX and SUBMITTER.

Many applications that are submitted are similar and it is at APEX’s sole discretion which application, if any, to build and which SUBMITTER to credit.

Because many ideas may be similar, it is at APEX’s sole discretion to determine who is the original SUBMITTER of any idea.

Because APEX is actively developing original applications, a submitted idea may already be in development and such ideas are the property of APEX.

SUBMITTER will receive 25% of all gross revenues generated from application purchases through Apple’s iTunes App Store (Gross Revenues are proceeds received by APEX after app store commission is taken out) generated AFTER the “break even” point for their application (break even is defined as cost paid by APEX (or born by APEX 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 APEX to use your name, likeness, ideas, application and personal information for any and all purposes, including posting on APEX website and any promotional materials.

You give permission to APEX to contact you by phone and/or email to further clarify your idea or discuss this agreement.

THIS AGREEMENT IS NOT TRANSFERABLE WITHOUT APEX’S WRITTEN CONSENT.

THIS AGREEMENT AND IT’S TERMS ARE SUBJECT TO CHANGE AT ANYTIME WITHOUT NOTICE AND AT APEX’S SOLE DISCRETION.

You must be 18 years or older to participate.