TERMS OF SERVICE

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Last Revised: April 11, 2025 

Leaders Are Born, LLC ("Leaders Are Born," "LABco," "we," "us")

1) Agreement to these Terms

By accessing our websites or participating in LABco programs, events, webinars, experiences, or related services, you agree to these Terms.

If you are using services on behalf of an organization, you represent you have authority to bind that organization.

2) Services covered

These Terms apply to:

• Programs, workshops, webinars, events, and experiences (virtual or in-person)
• Registration, applications, and participation processes
• World Credits (WC)
• Sponsor relationships (as supplemented by Sponsor Agreements)
• Chapter/Operator program participation (as supplemented by separate written terms, if any)

3) Eligibility and participant responsibilities

You agree to:

• Provide accurate information
• Follow program rules, safety instructions, and conduct expectations
• Use services in a lawful manner

LABco may refuse participation or remove participants for safety, compliance, or disruptive conduct.

3.1 School Programs; Program IDs and ERMA Compliance 

To support NYCPS ERMA compliance, schools provide LABco a roster with student name and grade only. LABco issues a Program ID for each student and returns a secure name-to-ID mapping to the school. Students use Program IDs/aliases (not real names) in all LABco tools and activations. 

If a school requires student names or named accounts in any third-party tool, the school/program office must confirm ERMA status: Completed before use. 

4) Minors; parent/guardian consent

If a participant is under 18, a parent/guardian may be required to:

• Provide consent for participation
• Provide emergency contact information
• Provide media release permissions where applicable

Organizations (for example, schools) may also be required to confirm they have appropriate permissions.

5) World Credits (WC)

World Credits ("WC") is LABco’s engagement and rewards system.

• Value ratio: 100 WC = $1.00 USD (for internal accounting/reference).
• WC may be earned through attendance, engagement, and other activities as defined by LABco.
• WC has no cash value unless and until LABco approves a redemption or cash-out under the rules below.

5.1 WC redemption and cash-out

WC supports both pathways, subject to eligibility rules and LABco approval:

• Rewards/Redemption: WC may be redeemed for approved rewards, memberships, experiences, or other items offered through LABco’s redemption catalog or marketplace.
• Cash-out: WC may be eligible for cash-out via an approved process (for example, invoice-based cash-out where applicable), subject to LABco’s verification, fraud prevention checks, and any required documentation.

LABco may set limits, verification steps, processing times, and eligibility requirements for either pathway.

5.2 WC restrictions

• WC may be non-transferable unless LABco expressly permits otherwise.
• LABco may reverse WC for suspected fraud, duplicate submissions, or rule violations.
• LABco may modify WC earning and redemption rules to maintain fairness and program integrity.

6) Sponsors and sponsor deliverables

Sponsor benefits and deliverables are tiered and provided based on Sponsor level.

• Sponsor deliverables may include both (a) visibility/engagement deliverables and (b) reporting/metrics deliverables, as specified in the Sponsor Agreement.
• Any access to participant information, if offered, must be explicitly stated in the Sponsor Agreement and must comply with law and consent requirements.

7) Chapter/Operator program and subscription dues

LABco may offer a Chapter/Operator Program that supports professionals in building teams and delivering LABco-aligned programming.

• Any subscription dues, revenue share, enablement services, or operator requirements are pending counsel and will be governed by separate written terms, policies, and/or agreements.
• Until formalized in writing, marketing references to the program describe an operational model only and do not create a binding franchise, partnership, employment, or agency relationship.

8) Referrals to third-party financial service providers

LABco may provide educational information and may refer you to third-party financial service providers.

• No advice: LABco does not provide individualized legal, tax, or financial advice.
• Third-party terms: Any products or services you obtain from third parties are governed by the third party’s terms and privacy practices.
• No guarantee: LABco does not guarantee third-party outcomes, approvals, rates, or services.

9) Payments, cancellations, and refunds

Unless otherwise stated in a written agreement:

• Fees (if any) are due as described at registration or in an invoice/contract.
• Cancellation and refund terms may vary by program, event, or partner venue and will be provided at time of purchase or in the applicable agreement.

10) Intellectual property

LABco content, curriculum, trademarks, and materials are owned by LABco or its licensors. You may not copy, distribute, or create derivative works except as expressly permitted in writing.

11) Disclaimers

LABco programs are educational and informational.

• We do not provide individualized legal, tax, or financial advice.
• Participation does not guarantee outcomes, certifications, employment, admissions, or earnings.

12) Limitation of liability

To the maximum extent permitted by law, LABco is not liable for indirect, incidental, special, consequential, or punitive damages.

13) Indemnification

You agree to indemnify and hold LABco harmless from claims arising out of your misuse of services, violation of these Terms, or violation of law.

14) Termination

LABco may suspend or terminate access/participation for violations, safety concerns, or misuse.

15) Governing law

These Terms are governed by the laws of the State of New York, without regard to conflict-of-law principles.

16) Changes to these Terms

We may update these Terms from time to time. We will post the updated version with a new effective date.

17) Contact

Leaders Are Born, LLC 

Email:  info@leadersareborn.co