PEGASUS STARTUP PROGRAM TERMS AND CONDITIONS
These Terms and Conditions ("Agreement") govern your participation in the Pegasus Startup Program ("Program") offered by Pegasus Angel Accelerator Inc. ("PAA"), a California corporation located at 2242 Jeffersonia Way Los Angeles CA 90049. By applying to and/or participating in the Program, you ("Participant") agree to the following terms and conditions:
1. PROGRAM OVERVIEW
Pegasus Startup Program is a comprehensive, twelve (12)-week educational program specifically designed to assist startup founders in navigating critical stages of company formation, strategic growth, fundraising, and scaling operations. The Program offers structured instructional modules, direct mentorship sessions, practical assignments, and extensive networking opportunities with experienced entrepreneurs.
2. ELIGIBILITY AND ACCEPTANCE
Participants must apply and receive formal acceptance into the Program. Acceptance into the Program is determined exclusively by PAA and is based upon various criteria including but not limited to business model viability, founder commitment, scalability potential, and readiness for growth. Participation does not guarantee future investment or financial support from PAA or any associated parties.
3. PROGRAM FEES AND REFUND POLICY
The Program tuition is $1,000 USD ("Program Fee").
The Program Fee is fully refundable if the Participant successfully meets all of the following criteria within 90 days from the Program start date:
Completion of all Program modules, assignments, and content.
Attendance and participation in all scheduled live mentorship sessions.
Submission of a complete funding application to PAA upon Program completion.
If the Participant fails to meet any of the criteria listed above, the Program Fee will not be refunded.
Refunds will be processed within 30 days of refund request following verification by PAA.
Refunds amount will be reduced by any Thinkific/Stripe transaction fees incurred during the payment and refund process.
Refunds must be requested within 30 days of program completion; if refund is not requested it is forfeited.
4. PARTICIPANT OBLIGATIONS
Participants agree to:
Complete all assigned Program content and actively engage in mentorship sessions.
Conduct themselves professionally and respectfully in all Program-related interactions.
Provide accurate and truthful information during the application and throughout the Program.
Maintain strict confidentiality regarding proprietary materials and information provided by PAA or other Program participants.
5. CONFIDENTIALITY
Participants acknowledge that all Program content, methodologies, strategies, frameworks, introductions to investors, mentors, and any proprietary information (collectively, "Confidential Information") provided during the Program remain the confidential property of PAA. Participants agree not to disclose, distribute, or replicate any Confidential Information without obtaining explicit prior written permission from PAA.
6. CODE OF CONDUCT
PAA reserves the exclusive right to terminate a Participant’s involvement in the Program at any time, with or without cause. Participants are expected to:
Act professionally, courteously, and respectfully towards all individuals involved, including fellow participants, mentors, PAA personnel, vendors, and stakeholders.
Refrain from any illegal, unethical, fraudulent, abusive, or disruptive behavior.
Avoid engaging in discriminatory behavior based on protected characteristics including but not limited to age, race, color, religion, national origin, gender identity or expression, physical or mental disability, sexual orientation, marital status, military or veteran status, or any other characteristic protected by applicable federal, state, or local law.
Participants further agree to:
Report promptly any inappropriate or discriminatory behavior witnessed or experienced during the Program.
Comply fully with all instructions, rules, guidelines, and policies communicated by PAA throughout the duration of the Program.
Acknowledge and accept that violations of this Code of Conduct will result in immediate dismissal from the Program without eligibility for any refund or compensation.
PAA maintains the right to investigate any reported misconduct thoroughly and confidentially, and reserves the discretion to determine appropriate disciplinary measures, up to and including immediate expulsion from the Program.
7. VIDEO RECORDING AND MEDIA USAGE
Participants explicitly acknowledge and consent to PAA recording video and audio during various Program activities, including but not limited to mentorship sessions, workshops, panel discussions, networking events, pitch presentations, and other related activities. By participating, each Participant grants to PAA a non-exclusive, perpetual, irrevocable, royalty-free right and license to use, edit, reproduce, distribute, broadcast, publicly display, and perform such recordings, as well as Participant’s name, image, likeness, voice, and biographical information, in connection with these recordings for any legitimate business purpose, including but not limited to:
Promotional and marketing materials distributed via websites, social media channels, email communications, and press releases.
Educational and instructional materials developed for future Program participants and partners.
Internal reviews, analyses, and reports to improve the Program’s efficacy and value.
Participants further acknowledge that:
No additional approval, compensation, or further consent will be required for such use.
PAA retains sole ownership and intellectual property rights to all recordings and derivative works produced during Program activities.
Participants waive any rights to inspect or approve the use of the recordings or related promotional materials prior to their dissemination or publication.
Any concerns or restrictions regarding the use of a Participant's image or recorded content should be communicated explicitly in writing to PAA prior to participation in Program events.
8. RELEASE FROM LIABILITY AND COVENANT NOT TO SUE
Participants expressly release and forever discharge PAA, its officers, directors, employees, contractors, volunteers, affiliates, agents, successors, assigns, licensees, and all associated parties (collectively, "Released Parties") from any and all liabilities, claims, demands, damages, lawsuits, expenses, and any other form of loss arising directly or indirectly from participation in the Program. This release applies regardless of whether such loss or liability results from the negligence, acts, omissions, or fault of the Released Parties. Participants explicitly waive their rights under California Civil Code Section 1542, or any equivalent statute, recognizing that this waiver includes unknown or unsuspected claims arising from participation in the Program.
9. INDEMNIFICATION
Participants agree to indemnify, defend, and hold harmless the Released Parties against any and all claims, demands, liabilities, losses, damages, costs, and expenses (including reasonable attorneys’ fees and court costs) arising from or in connection with their participation in the Program, breach of any term within this Agreement, or violation of third-party rights including but not limited to intellectual property rights.
10. TERMINATION
PAA reserves the right to immediately terminate a Participant’s involvement in the Program, with or without cause, upon providing written notice to the Participant. Upon termination, the Participant agrees to cease all involvement in Program activities immediately. In cases of termination without cause, PAA may, at its discretion, issue a pro-rata refund of the Program Fee based on the duration of participation completed.
11. FORCE MAJEURE
PAA is not liable for delays, cancellations, interruptions, or modifications to the Program caused by events beyond its reasonable control ("Force Majeure Events"), including but not limited to acts of nature, government restrictions, pandemics, civil unrest, labor disruptions, technological failures, or other similar unforeseen circumstances. In the event of a Force Majeure Event, PAA will have sole discretion regarding cancellation or alteration of the Program and any potential refunds.
12. MISCELLANEOUS
This Agreement constitutes the entire understanding between Participant and PAA concerning participation in the Program, superseding all prior communications, agreements, or representations, whether written or oral. Any disputes arising under this Agreement shall be resolved individually in state or federal courts located in Los Angeles County, California, governed by California law without application of conflict-of-law provisions. If any provision of this Agreement is deemed invalid or unenforceable, the remaining provisions will continue in full force and effect to achieve the intended purposes of the Agreement. Modifications to this Agreement must be made in writing and signed by an authorized representative of PAA.
12. INFORMED CONSENT
By signing below, Participant certifies they are at least eighteen (18) years of age, have fully read and understand this Agreement, will provide truthful information, and voluntarily agree to participate in the Program to the best of their ability.
Pegasus Angel Accelerator Inc.