By accepting the terms and submitting this form, you acknowledge and agree that:
1. You are at least 18 years of age.
2. You are submitting an original idea that you wholly own to Lakeshore Productions, Inc. (“Lakeshore productions Inc.”), as opposed to any other entity.
3. Lakeshoreproductions Inc. Productions has received and will in the future receive numerous proposals from third parties.
4. Lakeshore Productions is developing proposals using its own in-house staff.
5. Lakeshore Productions may already have been working on, prior to its receipt of your submission, another concept(s) similar to yours.
6. You agree that you will not be entitled to any compensation if Lakeshore Productions exploits an idea similar or identical to your submission that it has either developed internally or acquired from another third party. You also agree that Lakeshore Productions might develop or acquire a similar idea to yours in the future, and in that case you will not be entitled to compensation.
7.With respect to your submission, Lakeshore Productions is not obligated to exploit your idea. If Lakeshore Productions wishes to exploit your idea, we must first enter into a formal, binding, written contract governing Lakeshore Productions' exploitation of the submission and the compensation to be payable to you as a result of such exploitation.
8. You understand that materials sent to Lakeshore Productions will not be returned, and you agree to retain at least one copy of said material, and you release Lakeshore Productions from any liability of loss of, or damage to, the copies of the material submitted by you hereunder.
9. Any dispute that may arise between you and Lakeshore Productions shall be resolved by binding confidential arbitration conducted in the County of Chicago Illinois, and administered Streamlined Arbitration Rules and Procedures of Lakeshore or subsequent versions thereof, including the optional appeal procedure (, and the rules providing for limited discovery and other exchange of information). The JAMS Rules for selection of an arbitrator shall be followed, except that the arbitrator shall be experienced in the entertainment industry and licensed to practice law in California or a retired judge. The prevailing party in any such arbitration shall be entitled to recover, in addition to any award, reasonable attorneys' fees in connection therewith.