BEAM Venture Institute Parent/Guardian Waiver & Release of Liability
In consideration of my child being permitted to participate in programs, activities, events, and use of facilities organized or sponsored by BEAM Venture Institute and the Partner Organization, I, the undersigned parent or legal guardian, hereby agree as follows:
1. Assumption of Risk
I understand that my child’s participation in programs and activities organized by BEAM Venture Institute and the Partner Organization may involve inherent risks, including but not limited to physical activities, travel, transportation, use of equipment, and interaction with other participants. I voluntarily assume full responsibility for all such risks of injury, illness, property damage, or other loss that may result from participation.
2. Release & Waiver of Liability
To the fullest extent permitted by law, I, on behalf of myself, my child, our heirs, executors, and assigns, hereby release, waive, discharge, and covenant not to sue BEAM Venture Institute, the Partner Organization, and their respective officers, directors, employees, volunteers, and agents from any and all claims, liabilities, demands, actions, or causes of action of any kind, whether known or unknown, arising out of or connected with my child’s participation in the program, including those arising from the ordinary negligence of BEAM Venture Institute or the Partner Organization or their representatives.
3. Indemnification & Hold Harmless
I further agree to indemnify, defend, and hold harmless BEAM Venture Institute and the Partner Organization from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys’ fees) brought by or on behalf of my child or any third party, arising out of or related to my child’s participation, except to the extent caused by the gross negligence or intentional misconduct of BEAM Venture Institute or the Partner Organization.
4. Medical Authorization
I authorize BEAM Venture Institute and the Partner Organization, their staff, and volunteers to obtain emergency medical care for my child if necessary. I agree to be solely responsible for any resulting medical expenses and acknowledge that it is my obligation to maintain adequate health insurance for my child.
5. Property Damage
I accept responsibility for any damage to facilities, equipment, or property caused by my child’s actions, whether willful, negligent, or reckless, during any activity organized by BEAM Venture Institute and the Partner Organization.
6. Severability
If any provision of this agreement is held invalid, unlawful, or unenforceable, the remaining provisions shall continue in full force and effect.
7. Acknowledgment of Understanding
I have carefully read this Waiver & Release of Liability, fully understand its terms, and voluntarily sign it with the intent to be legally bound. I understand that by signing this document I am giving up substantial legal rights, including the right to sue BEAM Venture Institute or the Partner Organization.