ASSUMPTION OF RISKS, RELEASE OF LIABILITY, WAIVER OF CLAIMS, AND INDEMNITY AGREEMENT

This Assumption of Risks, Release of Liability, Waiver of Claims, and Indemnity Agreement (the “Agreement”) is entered into by and between VR Vision Inc., a corporation incorporated under the laws of Canada, its agents, owners, officers, affiliates, volunteers, participants, employees, and all other persons or entities acting in any capacity on their behalf (hereinafter collectively referred to as “VR Vision”) and the user (hereinafter referred to as the “User”).

1. Agreement Acceptance

By using the Services provided by VR Vision, the User confirms their acceptance of the terms of this Agreement and agrees to abide by them. The terms “I” and “me” in this Agreement refer to the User. If the User accesses the Services on behalf of another legal entity, they warrant that they have the authority to bind that entity to this Agreement. By using the Services, the User represents and warrants that they have the capacity to enter into a legal agreement in the province of Ontario.

If the User does not agree to the terms of this Agreement, they must promptly discontinue their access to and use of the Services. Any continued use of the Services will be considered as consent and acceptance of the terms of this Agreement by the User or their organization.

2. Assumption of Risks

The User acknowledges that the use of VR Vision virtual reality equipment and software entails known and unanticipated risks that could result in physical or emotional injury, paralysis, death, or damage to themselves, property, or third parties. These risks include, among other things: seizures, loss of awareness, eye strain, eye or muscle twitching, involuntary movements, altered, blurred, or double vision or other visual abnormalities, dizziness, disorientation, impaired balance, impaired hand-eye coordination, excessive sweating, increased salivation, nausea, light-headedness, discomfort or pain in the head or eyes, drowsiness, decreased ability to multi-task, fatigue, or any symptoms similar to motion sickness. Such effects can persist and become more apparent hours after use, leading to an increased risk of injury when engaging in normal activities in the real world after using the technology.

3. Release of Liability and Waiver of Claims

UNDER NO CIRCUMSTANCES WILL VR VISION, ITS REPRESENTATIVES, AFFILIATES, SUPPLIERS, OR OTHER THIRD PARTIES WITH WHICH VR VISION DOES BUSINESS (“BUSINESS PARTNERS”) BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR EXEMPLARY DAMAGES ARISING FROM OR RELATING TO THE USE OF THE SERVICES. THIS INCLUDES, BUT IS NOT LIMITED TO, ANY LOSS OF PROFIT, EARNINGS, ANTICIPATED EARNINGS, INTERRUPTION OR LOSS OF BUSINESS, OR ANY CONSEQUENTIAL LOSSES, PROBLEMS, OR FAULT HOWSOEVER ARISING OUT OF THE USE OF THE SERVICES. THE USER HEREBY VOLUNTARILY RELEASES, FOREVER DISCHARGES, AND AGREES TO INDEMNIFY AND HOLD HARMLESS VR VISION FROM ANY AND ALL CLAIMS, DEMANDS, OR CAUSES OF ACTION, INCLUDING NEGLIGENCE, BREACH OF CONTRACT, OR BREACH OF ANY STATUTORY OR OTHER DUTY OF CARE, ARISING FROM OR RELATING TO THEIR USAGE OF THE SERVICES. THE TOTAL CUMULATIVE LIABILITY OF VR VISION (INCLUDING ITS BUSINESS PARTNERS) TO THE USER OR ANY PERSON FOR ANY CLAIMS ARISING FROM OR RELATING TO THE SERVICES SHALL BE LIMITED TO A MAXIMUM OF $10.00 CANADIAN DOLLARS.

4. Indemnification

The User agrees to hold harmless and indemnify VR VISION from any and all liability for any property damage or personal injury to any third party resulting from their use of VR Vision virtual reality equipment. The User also agrees to indemnify and fully compensate VR VISION for any property damage they cause to VR VISION property, including but not limited to VR Vision virtual reality equipment, resulting from their use of VR Vision virtual reality equipment. Furthermore, should VR VISION or anyone acting on its behalf be required to incur legal fees and costs to enforce this Agreement, the User agrees to indemnify and hold VR VISION harmless from all such fees and costs.

5. Acknowledgment of Rules and Safety

The User acknowledges that they have read, viewed, or heard the rules governing their participation in any activity at VR Vision events and the use of VR Vision’s virtual reality equipment. The User understands that these rules have been implemented for the safety of all participants at VR Vision events, including themselves and organizational peers.

6. Entire Agreement

This Agreement serves as the complete and exclusive agreement between the User and VR VISION. This Agreement supersedes and replaces any and all previous discussions, negotiations, understandings, and agreements, written or oral, regarding any or all of the subject matter herein. No term of this Agreement will be deemed waived by reason of any previous failure to enforce it. No term of this Agreement may be waived except in writing, signed by the party waiving enforcement. If any portion of this Agreement is found to be void or unenforceable, the remaining portions shall remain in full force and effect.

7. Governing Law and Jurisdiction

In case of disputes regarding this Agreement, the User agrees that such disputes shall be brought within one (1) year of the date of this Agreement and will be determined by binding arbitration before one arbitrator, administered pursuant to the Arbitration Act (Ontario). The arbitration will take place solely in the Province of Ontario, and the substantive law of Ontario shall apply.

8. Assignment

VR VISION may assign this Agreement, in whole or in part, without notice to the User at any time. The User’s rights under this Agreement are not transferable, in whole or in part, without the prior written consent of VR VISION.