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VELOLET, INC. TERMS & CONDITIONS

Last updated: January 28, 2018

Velolet, Inc. (hereinafter, "Velolet", or "we", "our" or "us") is a Delaware corporation that allows rental Listers (herinafter the"Listers") to promote their stores and bikes and other related products/services, facilitate online reservations and process customer payments. Using our Site, Renters (herinafter the "Renters") can search, compare and rent bikes and other related products/services from rental Listers. Both Listers and Renters are subject to the following Terms & Conditions. These Terms & Conditions must be read in conjunction with all other Velolet policies available on the Site (the "Policies") including but not limited to our Privacy Policy and Rental Agreement Waiver.

BEFORE REGISTERING AN ACCOUNT, RENTERS AND LISTERS MUST READ AND ACCEPT THE TERMS & CONDITIONS AND THE POLICIES. BY USING THE SITE IN ANY WAY, USERS ARE AGREEING TO COMPLY WITH THE TERMS & CONDITIONS AND THE POLICIES.

Should you object to any of the Terms & Conditions or Policies, or any subsequent modifications thereto or become dissatisfied with Velolet in any way, your only recourse is to immediately discontinue use of Velolet. Velolet has the right, but is not obligated, to strictly enforce the Terms & Conditions through self-help, community moderation, active investigation, litigation and prosecution.

WEBSITE DESCRIPTION
Velolet is not a party to any Rental Agreement. Velolet does not itself offer any rental services. The site is an online marketplace only, designed for the unique purpose of putting people who want to rent things in touch with people who have things to rent. We never intervene in the physical transaction between the Customer and the Business. Velolet cannot thus be considered part of the Rental Agreement between users of the Site. Velolet exercises no control over the quality, safety or legality of Items listed, or over the truthfulness or accuracy of the Rental Listings, or over the ability of Listers to rent the Items listed or over the ability of Renters to rent or pay for the rental of any Items. We do not guarantee that the Parties will complete any or all terms of the transaction.

PUBLIC VS. PRIVATE AREAS
The Site contains an area open to the public and a private area accessible only by Users. The public area allows access to the Users' Rental Listings. The private area is the part of the site that is accessible only after User authentication. Users must enter his/her password to enter the private area. The private area allows Users to:
1. Access personal information (see Privacy Policy);
2. Create and manage Product Listings; (for Listers)
3. Create and manage Business Listings; (for Listers)
4. Make a Reservation;
5. Pay for their Reservation;
6. Receive payment; (for Listers)
7. Publish communication (comments and reviews);
8. Provide access to collaboration tools; and
9. Create an alias (user name) to be identified on the site.

OWNERSHIP OF SITE AND CONTENT
The website, including any subdomains, and any replacement or successor website, or portions thereof (hereinafter referred to as the "Site") is the property of Velolet. All content, including, but not limited to, all text, including descriptions and feedback, graphics, photographs, trademarks, logos, sounds, music, artwork and the computer code comprising the same (collectively, "Content"), and the design and arrangement of such Content, on the Site is owned, controlled or licensed by or to Velolet, and is protected by trade dress, copyright, patent and trademark laws, and various other intellectual property rights and unfair competition laws. If you post Content on the Site, you grant Velolet a non-exclusive, worldwide, perpetual, irrevocable, fully-paid, royalty-free, sub-licensable right to use, modify, perform and/or display, reproduce and distribute and any other copyright rights you have in such Content, in any media and any form. By posting Content on the Site, you represent and warrant to Velolet that you have the right to grant Velolet the rights above.

You acknowledge that Velolet does not pre-screen or approve Content, but that Velolet shall have the right (but not the obligation except as required by law) in its sole discretion to refuse, delete or move any Content that is available through the Site for violating the letter or spirit of the Terms of Use or for any other reason. You understand that by using the Site, you may be exposed to Content that is offensive, indecent, inaccurate, illegal, misleading, or otherwise objectionable.

CONDITIONS OF USE OF SITE AND SERVICES
Our services are reserved to persons lawfully capable, or authorized to be part of a rental contract in the United States. Our services are not available to minors. You agree that you must be legally an adult to use our services. If you do not comply with these conditions, you cannot use our services. In addition, we reserve the right to suspend or close User Accounts without notice for any reason, including, but not limited to:
• Violation the Terms of Use, or other Velolet Policies
• Inability to identify, verify or authenticate the origin of a Rental Listing;
• Making false statements;
• Diffusion of confidential, illegal or offensive content (For example, pornography, libel, trade secrets, discriminatory content, incitement of violence and racial, religious or ethnic hatred);
• Breaches in moral standards;
• Use, copying or diffusion of copyright protected works without express authorization ;
• Abusive or fraudulent use of collaboration tools (spam of comments, spam of clicks etc);
• Diffusion of unsolicited commercial messages ("Spam").
• Post or rent any items or services that are on our Prohibited Items List
• Violate any laws, third party rights, Rental Agreement, or these Terms of Use;
• Use our sites, services, or tools if you are not able to form legally binding contracts, are under the age of 18, or are temporarily or indefinitely suspended from using our Site, or Services;
• Manipulate the price of any item or interfere with other Velolet Users' (hereinafter a "User") listings;
• Circumvent or manipulate our fee structure, the billing process, or fees owed to Velolet;
• Take any action that imposes or may impose (in our sole discretion) an unreasonable or disproportionately large load on our infrastructure;
• Interfere or attempt to interfere with the proper working of the Site, Services, or any activities conducted on or with the sites, services, or tools;
• Bypass any measures we may use to prevent or restrict access to the Site;
• Post false, inaccurate, misleading, defamatory, or libelous Content (including personal information);
• Take any action that may undermine the feedback or ratings systems (such as displaying, importing or exporting feedback information off of the Site or using it for purposes unrelated to Velolet);
• Transfer your Velolet Account (including feedback) and User ID to a third party without our consent;
• Distribute or post spam, unsolicited, or bulk electronic communications, chain letters, or pyramid schemes;
• Distribute viruses or any other technologies that may harm Velolet, or the interests or property of Velolet users;
• Export or re-export any Velolet tools except in compliance with the export control laws of any relevant jurisdictions;
• Copy, reproduce, modify, create derivative works from, distribute, or publicly display rights or Content (except your own information) from the Site, Services or Velolet's copyrights and trademarks without Velolet's express written permission and the appropriate third party, as applicable; or
• Harvest or otherwise collect information about users and/or Users, including email addresses, without their consent.

You will not hold Velolet, its officers, directors, agents, subsidiaries, joint ventures or employees) liable for claims, demands or damages (actual and consequential) of any kind for the closing of a User Account.
The User Account is personal and cannot be transferred to a third party.
The user commits to keep confidential the password he or she chooses for accessing his or her User Account. The User Account and the password are personal and cannot be shared, communicated or transferred to any other individual or entity, except as required by law.

The user recognizes and accepts being solely responsible for use of his password and User Account.

The User accepts being held solely responsible for all consequences and obligations generated by use of his/her password and User Account by a third party.
The user recognizes and accepts as well that the site can consider usage of his User Account, username or password as proof of the usage of the Site by this User. All usage of the Site by way of these elements attributable to the User are considered as being made by the User. All evaluations, ratings information and comments are also specific to the User.

USER ACCOUNT ACCESS AND PASSWORD
You shall keep your password to your User Account confidential. Your User Account and your password are personal and cannot be shared, communicated or transferred to any other individual or entity, except as required by law. You recognize and accept to be solely responsible for use of your password and User Account. You accept being held solely responsible for all consequences and obligations generated by use of your password and User Account by a third party. You recognize and accept that Velolet considers the usage of your User Account, username or password as proof of the usage of the Site by you and any actions made by a User Account, including but not limited to, all evaluations, ratings information and comments, are considered to be made by you.

USER ACCOUNT INFORMATION
Upon registration of a User Account, you shall provide a valid email address that will be used to communicate between you and the Site, and will be used as the unique identifier for the User Account. All notifications for your attention will be sent to the email address that is associated with your User Account. Messages and notifications are considered received 24 hours after the email has been sent, unless we receive a notification stating that the email address is not valid or functioning.

You accept to provide your physical address, which is required by Velolet upon registration of the User Account. You herbygrant Velolet permission to post a general description of your physical address (i.e. City, State and Zip Code) to be displayed on any public content posted by your User Account. Further, you hereby grant Velolet permission to deliver your physical address to (1) the rental business after the completion of a rental transaction.

TERMINATION OF USER ACCOUNT
Velolet may limit, suspend, or terminate your User Account, prohibit access to our Site and its Content, Services, delay or remove Content and take technical and legal steps to keep you off the Site if we think that you are creating problems or possible legal liabilities, infringing the intellectual property rights of third parties, or acting inconsistently with the letter or spirit of these Terms of Use, including, but not limited to, the Policies. Velolet also reserves the right to cancel unconfirmed accounts or accounts that that have been inactive for a long tome, or to modify or discontinue the Site or Services. You will not hold Velolet (including its officers, directors, agents, subsidiaries, joint ventures or employees) liable for claims, demands or damages (actual and consequential) of any kind for the closing of a User Account.

PRIVACY
Except as explicitly provided in our Privacy Policy, we do not sell or rent your personal information to third parties for their marketing purposes without your explicit consent. We use your information only as described in the Velolet Privacy Policy. We view protection of our users' privacy as very important. You can access and modify the information you provide us and choose not to receive certain communications by signing in to your User Account. For a complete description of how we use and protect your personal information, see the Velolet Privacy Policy. If you object to your information being transferred or used in this way please do not use our services.

RENTAL POLICIES
Our policies pertaining to posting items for rent, renting items, and the associated transactions are available on the Site (the "Rental Policy") are part of and incorporated by reference of these Terms of Use. Velolet reserves the right to change the Rental Policy at any time.

BILLING, FEES, TAXES, AND COMMISSIONS
Access, registration and usage of the website are free.

Our policies pertaining to the Reservation Fee, billing conditions, paid tools and services available on the site (Pricing Policy) are part and incorporated as reference of the present Terms of Use. Unless posted otherwise, our fees are indicated in U.S. dollars (USD).

Velolet reserves the right to change the Rental Policy at any time.

Velolet does not pay any taxes on behalf of the Users of the Site. Listers are solely responsible to: (i) determine what taxes resulting from any use of our Services or Site, if any, apply to them; and (ii) pay such taxes.

The Pricing Policy describes and specifies billing conditions.

USER SAFETY AND FEEDBACK
Velolet cannot confirm the identity of each user. It's very important to take the same precautions online as you would offline.

USER FEEDBACK
Velolet makes available to Users a system of "Comments" or "Reviews" which allows them to evaluate leave feedback about the Business with whom they are doing or have done a transaction.

MODERATING
Listers who list an Item for rent and Users who upload or otherwise post Content on the Site are solely responsible for the content they upload and publish under the law and under Velolet's Policies. Velolet does not carry out or guarantee the existence of editorial control of the Content published by its Users.

Exercising the right to withdraw any Content that is under dispute does not at all affect the validity, pertinence, quality or legality of any Content that remains online.

GROUNDS FOR CONTENT REMOVAL
Velolet cannot be aware of all the Content published on the site in all the Rental Listings or in the comments. However, Velolet commits to remove as quickly as possible any copyright protected material once notified.

We respect the intellectual property of others, and we ask you to do the same. If you or any user of the Site believe its copyright, trademark or other property rights have been infringed by a posting on the Site, you or the user should send notification to our Designated Agent (as identified below) immediately. To be effective, the notification must include:
• A physical or electronic signature of a person authorized to act on behalf of the owner of an exclusive right that is allegedly infringed;
• Identification of the copyrighted work claimed to have been infringed;
• Information reasonably sufficient to permit us to contact the complaining party, such as address, telephone number and, if available, an electronic mail address at which the complaining party may be contacted;
• Identification of the material that is claimed to be infringing or to be subject to infringing activity and that is to be removed and information reasonably sufficient to permit us to locate the materials;
• A statement that the complaining party has a good faith belief that use of the material in the manner complained of is not authorized by the copyright owner, agent, or the law; and
• A statement that the information in the notification is accurate and, under penalty of perjury, that the complaining party is authorized to act on behalf of the owner of an exclusive right that is allegedly infringing.

Pursuant to the Digital Millennium Copyright Act, 17 U.S.C. Sec. 512©, our Designated Agent for Notice of claims of copyright infringement can be reached as indicated below. Service of repeat infringers of copyright or of users about whom repeat claims of copyright infringement are received will be terminated.

Designated Agent for Claimed Infringement:
Velolet, Inc.
Designated Agent
5695 Marsh Pointe
MN 55331 USA

You acknowledge and agree that upon receipt of a notice of a claim of copyright infringement, we may immediately remove the identified materials from our Site without liability to you or any other party and that the claims of the complaining party and the party that originally posted the materials may be referred to the United States Copyright Office for adjudication as provided in the Digital Millennium Copyright Act.

PRODUCT LISTINGS AND RENTAL TRANSACTIONS
DESCRIPTION OF THE PRODUCT LISTINGS
Product Listings describe Items offered for rent. Product Listings can only include text, documents and images that the Listers decide to upload, at their sole responsibility. All the Items listed for rent must be in the appropriate category and the Business is solely responsible for choosing the category in which they will place the Rental Listing.

All fees must be disclosed in the Rental Agreement and in the Product Listing. The Rental Agreement is not Velolet's responsibility, it is a document at the disposal of the Business.

Extra payments related to the rental of an Item, such as delivery, maintenance or other assistance as linked to a particular rental, must be clearly indicated in the Product Listing.

Specific rental conditions which are not covered in the rental agreement or contract that may be available online, the security deposit conditions or the available days for rental information, must be mentioned somewhere in the product description.

ADDITIONAL LISTER REPRESENTATION AND WARRANTY SOLEY TO VELOLET
Lister hereby represents and warrants solely to Velolet that it is authorized and qualified to do business and is in good standing in each of the jurisdictions in which it operates and maintains all applicable licenses and permits. Lister also represents solely to Velolet that Lister will continuously retain during the term of this Agreement the services of one or more qualified mechanics and that the bicycles listed by Lister are all in proper working order and are maintained in accordance with the manufacturers' specifications. Lister also represents solely to Velolet that Lister will continuously retain during the term of this Agreement, proper liability insurance for bike rentals. No person other than Velolet may rely on the representations and warranties contained herein.

BUSINESS MUST HAVE RIGHTS TO THE ITEM OFFERED FOR RENT
The Business must have either own the Item, or be lawfully allowed to rent the Item which he or she lists for rent.

BUSINESS CANNOT CHANGE PRICE OF TRANSACTION ONCE COMPLETED
The Business cannot in any case change the price of a rental after a transaction has occurred on Velolet.

The Business is committed to charge the price published at the time of the reservation.

VELOLET MAY PUBLISH RENTAL LISTINGS ON PARTNER WEBSITES
You agree that Velolet may, in its sole discretion, publish all or part of your Product Listings on third-party websites. You agree that Velolet can use published Content for commercial means, and can sell or exchange information (Except personal information – See Privacy Policy ) with third parties.

GUARANTEE REGARDING PROPRIETARY RIGHTS
The Business guarantees that it possesses all the intellectual rights on the Content of the Product Listings, texts (Title, subtitle, description), and visual elements. The Business also guarantees that it possesses the image reproduction rights, right to image and to personality of the Items and persons depicted or otherwise described in the Product Listing.

LINKS TO THIRD PARTY SITES
Furthermore, the Content available on or through the Site may contain links to other websites that are completely independent of Velolet. Velolet makes no representation or warranty as to the accuracy, completeness or authenticity of the information contained in any such website. Your linking to any other websites is at your own risk. You agree that you must evaluate, and bear all risks associated with, the use of any Content, that you may not rely on the Content, and that under no circumstances will Velolet be liable for any Content or for any loss or damage of any kind incurred as a result of the use of any Content posted, emailed or otherwise made available on or through the Site.

DISCLAIMERS
YOU AGREE THAT YOUR USE OF THE SITE AND THE SERVICE IS ENTIRELY AT YOUR OWN RISK AND YOU ASSUME TOTAL RESPONSIBILITY FOR YOUR USE OF THE SITE AND THE SERVICES AND ANY RENTAL TRANSACTION YOU ENTER INTO. YOUR SOLE REMEDY AGAINST VELOLET FOR DISSATISFACTION WITH THE SITE, THE SERVICES, OR ANY CONTENT IS TO STOP USING THE SITE AND THE SERVICE. THE SITE AND THE SERVICE ARE PROVIDED ON AN "AS IS" OR "AS AVAILABLE" BASIS, WITHOUT ANY REPRESENTATIONS OR WARRANTIES OF ANY KIND. VELOLET EXPRESSLY DISCLAIMS ALL EXPRESS AND IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, THE WARRANTIES OF ACCURACY, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT OF PROPRIETARY RIGHTS. VELOLET DOES NOT REPRESENT OR WARRANT THAT THE SITE OR ANY CONTENTS, SERVICES, OR FEATURES WILL BE ERROR-FREE OR UNINTERRUPTED, THAT ANY DEFECTS WILL BE CORRECTED, THAT YOUR USE OF THE SITE WILL PROVIDE SPECIFIC RESULTS, OR THAT ANY FILES OR OTHER DATA YOU DOWNLOAD FROM THE SITE WILL BE FREE OF VIRUSES OR CONTAMINATION OR DESTRUCTIVE FEATURES. Velolet DISCLAIMS ANY AND ALL LIABILITY FOR THE ACTS, OMISSIONS AND CONDUCT OF ANY THIRD PARTIES, INCLUDING OTHER USERS, IN CONNECTION WITH OR RELATED TO YOUR USE OF THE SITE, INCLUDING, BUT NOT LIMITED TO, ITEMS RENTED TO OR FROM YOU IN CONNECTION WITH YOUR USE OF THE SITE, SERVICES OBTAINED OR GIVEN BY YOU IN CONNECTION WITH YOUR USE OF THE SITE, AND/OR ANY VELOLET SERVICES. VELOLET SHALL NOT BE LIABLE FOR THE DELETION OR FAILURE TO STORE ANY CONTENT MAINTAINED OR TRANSMITTED BY THE SERVICE.

VELOLET WILL NOT PROVIDE LEGAL ADVICE REGARDING ANY SERVICES YOU USE (OR PROPOSE TO USE). NO ACT OF VELOLET SHALL BE INTERPRETED AS PROVIDING LEGAL ADVICE, INCLUDING BUT NOT LIMITED TO PROVIDING LEGAL DOCUMENT TEMPLATES OR PERMITTING A RENTAL TRANSACTION TO OCCUR. VELOLET ENCOURAGES YOU TO SEEK YOUR OWN LEGAL COUNSEL IF YOU HAVE ANY QUESTIONS REGARDING YOUR PERSONAL LIABILITY FOR ANY PARTICULAR TRANSACTION OR IF YOU WOULD LIKE A VELOLET AGREEMENT DRAFTED AND/OR REVIEWED.

LIMITED LIABILITY
Under no circumstances shall Velolet be liable for direct, indirect, incidental, special, consequential or exemplary damages (even if Velolet has been advised of the possibility of such damages), resulting from your use of the Site or the Service, or resulting from any rental transaction, including, but not limited to, damages or injury resulting form a rented item or non returned item, damages which arise from use or misuse of the Site or the Service, from inability to use the Site or the Service, or the interruption, suspension, modification, alteration, or termination of the Site, the Service or user account. Such limitation shall also apply with respect to damages incurred by reason of other Services or products received through or advertised in connection with the Site or the Service or any links on the Site, as well as by reason of any information or advice received through or advertised in connection with the Site or the Service or any links on the Site. These limitations shall apply to the fullest extent permitted by law.

If, notwithstanding the other provisions of these Terms of Use, Velolet is found to be liable to you for any damage or loss which arises out of or is in any way connected with your use of the Site or any Service, Velolet's liability shall in no event exceed the greater of (1) the total of any reservation fees paid by you to Velolet with respect to any Service or feature of or on the Site paid in the six months prior to the date of the initial claim made against Velolet (but not including the purchase price for any Velolet products), or (2) US $100.00. Some jurisdictions do not allow limitations of liability, so the forgoing limitations may not apply to you.

INDEMNIFICATION AND RELEASE
You agree to indemnify and hold Velolet, its officers, directors, shareholders, predecessors, successors in interest, employees, agents, subsidiaries and affiliates, harmless from any demands, loss, liability, claims or expenses (including attorneys' fees), made against Velolet by any third party due to or arising out of or in connection with your use of the Site, any rental agreement or transaction, or violation of any the Terms of Use or Policies.

If you have a dispute with another user(s), you agree to release Velolet and its officers, directors, agents, employees and representatives from any claims, demands, actions, losses, damages of every kind and nature, whether known or unknown, arising out of such dispute. If you are a California resident, you are to waive the application of California Civil Code Section 1542 which states: "A general release does not extent to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor."

NO AGENCY
Velolet and you are independent parties, each acting in its name and for its own purpose. Nothing in this Terms of Use or the Policies shall be deemed to constitute, create, give effect to or otherwise recognize a partnership, agency, joint venture or formal business entity of any kind or create a fiduciary or similar relationship among the parties; and the rights and obligations of the parties shall be limited to those expressly set forth herein.

GOVERNING LAW; DISPUTE RESOLUTION
You agree that all matters relating to your access to or use of the Site, including all disputes, will be governed by the laws of the United States and by the laws of the State of Minnesota without regard to its conflicts of laws provisions. You agree to the personal jurisdiction by and venue in the state and federal courts in Hennepin County, MN, and waive any objection to such jurisdiction or venue. Any claim under these Terms of Service must be brought within one (1) year after the cause of action arises, or such claim or cause of action is barred. No recovery may be sought or received for damages other than out-of-pocket expenses, except that the prevailing party will be entitled to costs and attorneys' fees.

If a dispute arises out of or relates to this Agreement, or the breach thereof, you agree to try in good faith to settle the dispute by contacting the Velolet directly.

If a dispute arises out of or relates to this Agreement, or the breach thereof, and if the dispute cannot be settled through negotiation, you agree to try in good faith to settle the dispute by mediation administered by the American Arbitration Association (http://www.adr.org/fileacase) under its Commercial Mediation Procedures before resorting to arbitration, litigation, or some other dispute resolution procedure.

If a dispute arising out of or relating to this Agreement, or the breach thereof, and if the dispute cannot not be solved through negotiation, or mediation, you agree to settle the dispute by arbitration administered by the American Arbitration Association (http://www.adr.org/fileacase) under its Commercial Mediation Procedures and its Consumer-Related Disputes Supplementary Procedures before resorting to litigation, or some other dispute resolution procedure. Judgment on the award rendered by the arbitrator may be entered in any court having jurisdiction thereof.

If the dispute cannot be resolved through negotiation, mediation, or arbitration, then the parties shall be free to pursue any right or remedy available to them under applicable law.

VOID WHERE PROHIBITED
Although the Site is accessible worldwide, not all features, products or services discussed, referenced, provided or offered through or on the Site are available to all persons or in all geographic locations, or appropriate or available for use outside the United States of America. Any offer for any feature, product or service made on the Site is void where prohibited. You are solely responsible for complying with applicable local laws.

UPDATES; TERMINATION OR SUSPENSION OF ACCESS
The information contained in this Site, including these Terms of Use, the Policies, Prices and Services, is subject to change at any time and without notice, and Velolet makes no commitment to update the materials on the Site, including information that may be out of date.

Velolet reserves the right to, at any time and without notice, modify, suspend or terminate operation of or access to the Site, or any portion thereof, or interrupt the operation of the Site, or any portion thereof.

MISCELLANEOUS
You may not use the Site or any Content in violation of any applicable laws or regulations, including without limitation United States export laws and regulations.

If any of the provisions of these Terms of Use are held by a court or other tribunal of competent jurisdiction to be void or unenforceable, such provisions shall be limited to the minimum extent necessary and replaced with a valid provision that best embodies the intent of these Terms of Use, so that these Terms of Use shall remain in full force and effect. These Terms of Use, and the Policies referenced herein constitute the entire agreement between you and Velolet with regard to your use of the Site, and any and all other written or oral agreements or understandings previously existing between you and Velolet with respect to such use are hereby superseded and canceled. Velolet will not accept any counter-offers to these Terms of Use, and all such offers are hereby categorically rejected. Velolet's failure to insist on or enforce strict performance of these Terms of Use shall not be construed as a waiver by Velolet of any provision or any right it has to enforce these Terms of Use, nor shall any course of conduct between Velolet and you or any other party be deemed to modify any provision of these Terms of Use. These Terms of Use shall not be interpreted or construed to confer any rights or remedies on any third parties.

I HAVE CAREFULLY READ THE FOREGOING AGREEMENT, UNDERSTAND ITS CONTENTS, AND AM AWARE THAT I AM RELEASING CERTAIN LEGAL RIGHTS THAT OTHERWISE MAY EXIST.