Techstars Startup Community Partnership

Last Updated: June 3, 2025

1. Agreements.

These Techstars Startup Community Partnership Online Terms and Conditions, which include and incorporate the Techstars Data Protection Terms attached hereto as Annex 1 (“Terms and Conditions”) apply to the provision of all products and services (the “Programs”) provided to you (“Partner”) by Techstars Startup Communities LLC (together with its Affiliates, “Techstars”) pursuant to any agreement, order, schedule, or other document that expressly references or incorporates these Terms and Conditions (each a “Schedule”, and collectively with these Terms and Conditions, the “Agreement”). All capitalized terms not defined in these Terms and Conditions shall have the meaning given to them in the applicable Schedule. For purposes of this Agreement, the term “Affiliate” means, any other person or entity who, directly or indirectly, controls, is controlled by, or is under common control with the party.

2. Payment of Fees; Direct Expenses.

a. Fees. Partner will pay any fees stated in a Schedule within thirty (30) days of the date of the applicable invoice. Unless otherwise stated in the Schedule, all fees will be invoiced up-front on the Effective Date. Fees for any Renewal Term may be invoiced one month prior to the start of such Renewal Term. Techstars will only be obligated to provide services when it has received all fees due according to the Schedule and Techstars may delay, suspend or stop the delivery of any services for non-payment of any fees. All fees are non-refundable and are exclusive of any taxes, levies, duties or similar governmental assessments of any nature, including applicable national, state, provincial or local sales or use taxes, value added taxes and withholding taxes (collectively, “Taxes”). Partner is responsible for paying all Taxes associated with its payments hereunder, excluding taxes on Techstars’ net income. If Techstars has the legal obligation to charge Taxes for which Partner is responsible under the Agreement, Techstars will invoice Partner and Partner will pay that amount unless Partner provides Techstars a valid tax exemption certificate from the appropriate taxing authority. Partner will bear all of its own costs of operating the Programs, which shall not be considered part of the fees. If Partner mandates the use of any third-party payment or invoicing vendor (e.g., Ariba), Techstars shall have the right to invoice Partner for any expenses or fees incurred or charged by such third-party payment vendor to Techstars in connection with this Agreement.

b. Expenses. If Techstars incurs third party costs or expenses specific to enabling the operations, licensing or regulatory approval of the Programs to Partner, then Partner agrees to reimburse Techstars for any such costs or expenses within 30 days following receipt of an invoice and backup documentation reasonably detailing the costs incurred. Such third party costs and expenses may include, without limitation, accounting, tax, legal, consulting, administrative or other professional services.

3. Survival and Amendments.

a. Survival. Sections 2, 3, 4, 5, 6.c, 7 and 9 through 15 of these Terms and Conditions will survive any termination or expiration of the Agreement.

b. Changes. Techstars may change or supplement these Terms and Conditions at any time, so long as it does not change the fees or deliverables set forth in the Schedule, by providing an updated version of the Terms and Conditions on this website and such changes will be binding on Partner ten days following the date such updated version is posted to this website.

4. Use of IP & Program Name.

a. Use of IP. Except as otherwise provided in this Agreement, any use of the other party’s names, trade names, logos and/or services marks (“IP”) shall require the prior approval of the other party and such use shall be in accordance with any IP usage control guidelines provided by the other party and updated from time to time. All goodwill that accrues from the use of a party’s IP shall accrue to the party owning such IP. For the avoidance of doubt, the “IP” shall include any trademarks owned by Techstars or its Affiliates licensed under the applicable Schedule (“Marks”).

b. Licenses; Use of Program Name. Upon the execution of the Schedule, (a) Techstars hereby grants to Partner and its Affiliates an unlimited, non-transferable, non-sublicensable, royalty-free and non-exclusive license to reproduce, display and use the Marks and the Operations Manual, subject to the limitations in the Agreement, and (b) each party hereby grants to the other party and its Affiliates an unlimited, non-transferable, non-sublicensable, royalty-free and non-exclusive license to reproduce, display and use the name of any Program (which may include either of the Party’s name or trade name) to reference or otherwise refer to the Program.

c. Ownership of the Marks. The Marks are the valuable property of Techstars and its Affiliates, and Techstars Central is the owner of all right, title and interest in and to the Marks and all past, present or future goodwill of the business conducted that is associated with or attributable to the Marks. Partner’s use of the Marks will inure to the benefit of Techstars Central and its Affiliates. Partner may not, during or after the Term, (i) engage in any conduct directly or indirectly that would infringe upon, harm or contest Techstars’ rights in any of the Marks or the goodwill associated with the Marks, including any use of the Marks in a derogatory, negative, or other inappropriate manner in any media, including but not limited to print or electronic media (it being understood and agreed that Partner’s use of the Marks (or any mark confusingly similar thereto), individually or in combination, as part of (x) its corporate or trade name, or (y) any domain name without Techstars’ prior written consent will be deemed to infringe on Techstars’ rights in the Marks); or (ii) apply for, or obtain, or assist anyone (other than Techstars) in applying for or obtaining any registration of the Marks, or other indicia confusingly similar to the Marks. Partner shall not grant or attempt to grant a security interest in, or otherwise encumber the Marks or record any such security interest or encumbrance against any application or registration regarding the mark in the United States Patent and Trademark Office or elsewhere. If any person or entity improperly uses or infringes the Marks or challenges Partner’s use or Techstars’ use or ownership of the Marks, Techstars will control all litigation, and Techstars has the right to determine whether suit will be instituted, prosecuted or settled, the terms of settlement and whether any other action will be taken. Partner must promptly notify Techstars of any such use or infringement of which Partner becomes aware or any challenge or claim arising out of Partner’s use of any Mark. Partner must take reasonable steps, without compensation, to assist Techstars with any action to defend the Marks.

d. Creative Works. All ideas, concepts, techniques, or materials concerning the Programs, whether or not protectable intellectual property and whether created by or for Partner or one of its owners or employees, must be promptly disclosed to Techstars and will be deemed to be Techstars’ sole and exclusive property, part of the Programs, and works made-for-hire for Techstars. To the extent any item does not qualify as a “work made-for-hire” for Techstars, Partner must assign ownership of that item, and all related rights to that item, to Techstars, and must take whatever action (including signing an assignment agreement or other documents) Techstars requests to demonstrate ownership or obtain intellectual property rights in the item.

e. Participation in Internet Websites or Other Online Communications. Techstars may require Partner, at Partner’s expense, to participate in Techstars’ website on the Internet or other online communications as Techstars may require. Techstars has the right to determine the content and use of its website and intranet or extranet system and will establish the rules under which others may or must participate. Partner’s general conduct on Techstars’ website and intranet or extranet system or other online communications and specifically Partner’s use of the Marks or any advertising is subject to the provisions of these Terms and Conditions.

5. Confidential Information.

a. “Confidential Information” means all information disclosed by a party (“Disclosing Party”) to the other party (“Receiving Party”) in connection with the Agreement, disclosed in any manner that is designated as confidential or reasonably should be understood to be confidential given the nature of the information and the circumstances of disclosure. Confidential Information includes, but is not limited to, the terms of this Agreement and all Schedules and, in the case of Techstars, the names of mentors in its network. The parties acknowledge that there may be multiple parties involved in the Programs, and each agrees to use reasonable efforts to mark its written Confidential Information accordingly. Confidential Information shall not include any information that, without breach of any obligation owed by the Disclosing Party, (i) is or becomes generally known to the public, (ii) was known to the Receiving Party prior to its disclosure by the Disclosing Party, (iii) is received from a third party, or (iv) was independently developed by the Receiving Party.

b. Protection of Confidential Information. Except as otherwise permitted in writing by the Disclosing Party, the Receiving Party shall (i) use the same degree of care that it uses to protect the confidentiality of its own confidential information of like kind (but in no event less than reasonable care), (ii) not disclose or use any Confidential Information of the Disclosing Party for any purpose outside the Programs, and (iii) limit access to Confidential Information of the Disclosing Party to those of its employees, contractors and agents who need such access for purposes consistent with this Agreement and who have signed confidentiality agreements with the Receiving Party containing protections no less stringent than those herein.

c. Compelled Disclosure. The Receiving Party may disclose Confidential Information of the Disclosing Party if it is compelled by law to do so, provided the Receiving Party gives the Disclosing Party prior notice of such compelled disclosure (to the extent legally permitted) and reasonable assistance, at the Disclosing Party’s cost, if the Disclosing Party wishes to contest the disclosure. If the Receiving Party is compelled by law to disclose the Disclosing Party’s Confidential Information as part of a civil proceeding to which the Disclosing Party is a party, and the Disclosing Party is not contesting the disclosure, the Disclosing Party will reimburse the Receiving Party for its reasonable cost of compiling and providing secure access to such Confidential Information.

6. Warranties; Disclaimers.

a. Techstars Performance Standard. Techstars warrants to Partner that (i) all work to be performed by Techstars hereunder shall be performed in a workmanlike and professional manner, and (ii) all Techstars personnel assigned to provide training for, or operate (if applicable), the Programs will possess the skill reasonably necessary for such tasks.

b. Representations and Warranties. Each party represents and warrants to the other party that (i) it has the right to enter into this Agreement and perform its obligations hereunder; (ii) the person executing this Agreement on its behalf has been authorized to do so; (iii) this Agreement constitutes its valid, legal and binding obligation enforceable in accordance with its terms; and (iv) it will comply in all material respects with all laws and regulations applicable to its activities under this Agreement.

c. Disclaimer of Warranties. EXCEPT AS EXPRESSLY SET FORTH IN THIS SECTION, AND TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE PROGRAMS AND ALL DELIVERABLES ARE PROVIDED “AS-IS” AND TECHSTARS DISCLAIMS ANY REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED, REGARDING THE PROGRAMS OR DELIVERABLES, INCLUDING ANY IMPLIED WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR TITLE.

d. WAIVER OF PUNITIVE DAMAGES. THE PARTIES AGREE TO WAIVE, TO THE FULLEST EXTENT PERMITTED BY LAW, THE RIGHT TO OR CLAIM FOR ANY PUNITIVE OR EXEMPLARY DAMAGES AGAINST THE OTHER AND AGREE THAT IN THE EVENT OF ANY DISPUTE BETWEEN THEM, EACH WILL BE LIMITED TO THE RECOVERY OF ACTUAL DAMAGES SUSTAINED.

7. Reports; Insurance; Indemnification.

a. Reports. Partner must keep records and submit reports as Techstars periodically requires for the Programs and as set forth in the Operations Manual.

b. Insurance. Partner must comply with the following insurance requirements: (i) Partner must purchase and maintain a policy or policies of comprehensive general liability insurance covering all business assets, personnel, and activities on an occurrence basis with a combined single limit for bodily injury, death, or property damage of not less than one million dollars ($1,000,000) but no less than $750,000 per occurrence (including Products/Completed Operations and Personal Injury and Advertising Injury). Additional insurance requirements may be set forth in the Operations Manual. All liability insurance policies must name Techstars (and its Affiliates, officers, directors and employees) as additional insureds, must provide that such insurance is primary insurance with respect to the interests of all additionally named insureds, and must provide that any other insurance maintained by Techstars or by Partner is excess and not contributing insurance with the insurance required under this Agreement. The policies must contain a waiver by the insurance carrier of all subrogation rights against Techstars.

c. Indemnification. Solely at Partner’s expense, Partner agrees to defend, fully protect, indemnify and hold harmless Techstars and its Affiliates, and their owners, directors, officers, successors and assigns from any and all Claims as defined in this subparagraph. “Claims” means any and all claims, demands, damages, assessments, violations, causes of action, lawsuits, liens, and liabilities of any nature whatsoever arising in any manner, directly or indirectly, out of or in connection with or incidental to the operation of Partner’s business (regardless of cause or any concurrent, superseding or contributing fault, liability or negligence of Techstars) or any breach by Partner or Partner’s failure to comply with the Agreement. Techstars reserves the right to select its own legal counsel to represent its interests, and Partner agrees to reimburse Techstars for its costs and attorneys’ fees immediately upon request as such costs are incurred. Partner further agrees to waive any and all Claims against Techstars for damages to property or injuries to persons arising in any way out of the Agreement, Partner’s operation of the Programs, and the marketing, solicitation and servicing of clients under the Agreement or pursuant to the operation of Partner’s business.

8. Compliance with Laws. Each party will at all times maintain and conduct its business operations, including the Programs, in material compliance with all applicable federal, state and local laws, regulations, codes and ordinances, including without limitation all applicable import, re-import, sanctions, anti-boycott, export, and re-export control laws and regulations. Partner will secure and maintain in force all required licenses, permits and certificates relating to its business and as required to operate the Programs. Each party represents and warrants that it, and its officers, directors, employees, and Affiliates, is not subject to sanctions administered by the U.S. government or otherwise designated on any list of prohibited or restricted parties, including but not limited to the lists maintained by the United Nations Security Council, the U.S. Government (e.g., the Specially Designated Nationals List and Foreign Sanctions Evaders List of the U.S. Department of Treasury, and the Entity List of the U.S. Department of Commerce), the European Union or its Member States, or other applicable government authority. Each party further represents and warrants that it is not owned or controlled, directly or indirectly, by any person or entity that is the subject of any such sanctions or restrictions.

9. Relationship of the Parties. The parties will perform hereunder as independent contractors. Nothing contained in this Agreement shall be deemed to create any association, partnership, joint venture, or relationship of principal and agent between the parties. Partner specifically acknowledges and agrees that the use of the term “Partner” in this Agreement or in the business relationship between the parties in no way means, suggests or implies that Partner and Techstars are partners in any legal sense or that they are responsible for the liabilities or obligations of each other. Partner is solely responsible for hiring its own employees to offer the Techstars Programs in the Designated Territory. No employee of Partner will be deemed to be an employee of Techstars for any purpose whatsoever, and nothing in any aspect of the Techstars Program, IP or Marks in any way shifts any employee or employment related responsibility from Partner to Techstars.

10. Transfer and Assignment. Partner may not assign its rights or delegate its duties under this Agreement either in whole or in part without the prior written consent of Techstars and only upon the satisfaction of the transfer conditions that Techstars determines are necessary for any requested assignment. Techstars may assign its rights and/or delegate its duties under the Agreement either in whole or in part, provided that a written notice is provided to Partner within 30 days following any such assignment.

11. Force Majeure. Each party shall be excused from performance of their obligations under this Agreement if such a failure to perform results from compliance with any requirement of applicable law, acts of God, fire, strike, pandemic, epidemic, governmental order, embargo, terrorist attack, war, insurrection or riot or other causes beyond the reasonable control of such party. Any delay resulting from any of such causes shall extend performance accordingly or excuse performance, in whole or in part, as may be reasonable under the circumstances.

12. Governing Law; Arbitration. The parties agree to this section as the exclusive manner and means for resolving all disputes related to this Agreement. Any dispute will be settled by final and binding arbitration by one arbitrator, mutually selected by the parties, sitting in Boulder, Colorado, in accordance with the rules of the American Arbitration Association (the “AAA”). If the parties cannot mutually agree on one arbitrator, the arbitrator will be selected in accordance with the rules of the AAA. This Agreement will be governed by and construed in accordance with the laws of the United States, the State of Colorado without regard to its conflicts of law provisions. The United Nations convention on Contracts for the International Sale of Goods shall not apply. The language to be used in the arbitral proceedings will be English and all documents not in English will be accompanied by a translation into English. The parties will equally bear the fees and out-of-pocket expenses of the arbitration, and the prevailing party will be entitled to its reasonable attorneys’ fees and expenses and will be reimbursed for the fees and expenses of the arbitration. Any decision of the arbitrator will be (a) a final and non-appealable determination of the matter, (b) binding upon each of the parties, and (c) enforceable by any court of competent jurisdiction. Notwithstanding anything to the contrary in this section, each party will have recourse to any court having jurisdiction for the sole purpose of seeking conservatory or interim measures (including temporary restraining orders or preliminary injunctions) or their equivalent, or for the purpose of such party’s enforcement of its intellectual property rights.

13. Jury Waiver. ALL PARTIES HEREBY WAIVE ANY AND ALL RIGHTS TO A TRIAL BY JURY IN CONNECTION WITH THE ENFORCEMENT OR INTERPRETATION BY JUDICIAL PROCESS OF ANY PROVISION OF THIS AGREEMENT, AND IN CONNECTION WITH ALLEGATIONS OF STATE OR FEDERAL STATUTORY VIOLATIONS, FRAUD, MISREPRESENTATION OR SIMILAR CAUSES OF ACTION OR ANY LEGAL ACTION INITIATED FOR THE RECOVERY OF DAMAGES FOR BREACH OF THIS AGREEMENT.

14. Modifications. Except as expressly set forth herein, including Techstars’ rights to make changes to the Programs, Operations Manual and the Terms and Conditions, no modification, amendment, or waiver of any provision of this Agreement shall be effective unless in writing and signed by an authorized representative of each party.

Annex 1

Techstars Data Protection Terms

Techstars takes the privacy and security of personal data seriously. As part of the services provided under this Agreement, our Partners (each as defined in the Agreement) may receive, and each party may process, certain information about identified or identifiable individuals including Personal Data about Techstars participants, staff, and others.

These Data Protection Terms (the “Data Terms”) describe each party’s obligations with respect to its handling of Personal Data provided under the Agreement. Upon agreement by Partner, these Data Terms are incorporated into the Agreement between Partner and Techstars. Any capitalized terms not defined in these Data Terms will have the definition used in the Agreement. These Data Terms will control to the extent inconsistent with the Agreement.

1. Definitions. In these Data Terms, the following terms will have the following meanings:

a. “Controlling Party” means any party, to the extent such party acts as a controller or a business hereunder;

b. "Data Protection Laws" means all laws, statutes, regulations, rules, treaties, executive orders, directives, opinions, guidance, or other official releases regarding the data protection, privacy, data security, confidentiality, and breach notification that are applicable to a party or Personal Data processed under the Agreement including, without limitation, and only to the extent applicable, Regulation (EU) 2016/679 (“GDPR”), Directive 2002/58/EC (the “ePrivacy Directive”), any laws implemented in European Union Member States thereunder and any successor directives or regulations thereof then in effect; the UK General Data Protection Regulation (“UK GDPR”) ; the Colorado Privacy Act effective as of July 1, 2023 (“CPA”); the California Privacy Rights Act of 2020 (“CPRA”) and the California Consumer Privacy Act of 2018 (“CCPA”);

c. "Participant Personal Data" means any Personal Data relating to participants in the Program that is provided to Partner by Techstars under the Agreement or as part of the Program;

d. “Personal Data” means any information relating to an identified or identifiable natural person; an identifiable natural person is one who can be identified, directly or indirectly, in particular by reference to an identifier such as a name, an identification number, location data, an online identifier or to one or more factors specific to the physical, physiological, genetic, mental, economic, cultural or social identity of that natural person and includes, without limitation and as applicable, “Personal Identifiable Information” as defined in the CCPA.

e. “Processing Party” means any party, to the extent such party acts as a Processor or service provider hereunder; and

f. the terms “business” "controller", "data subject", "personal data breach", "process", "processor", “sell”, and “service provider” have the meanings as defined in the GDPR or the CCPA, even if such Data Protection Laws do not apply to a party.

2. Compliance with Data Protection Laws. These Data Terms do not relieve each party of its obligations under the Data Protection Laws, and each party will be separately and independently responsible for complying with obligations that apply to it as a controller (or functionally equivalent role) under all applicable Data Protection Laws, as well as all other laws, rules and regulations applicable in relation to the party’s processing of Personal Data.

3. Description of Data Processing. Processing Party will process Personal Data only for the purpose of fulfilling its obligations under the Agreement or the instructions of the Controlling Party, and, without limiting the generality of the foregoing, shall not sell any Program Personal Data.

4. Controller/Processor. For purposes of these Data Terms and the GDPR: (i) Partner and Techstars are each Controlling Parties with respect to any Participant Personal Data; and (ii) Techstars is the processor with respect to any Personal Data processed on behalf of and at the instruction of Partner under the Agreement or other agreements between Techstars and Partner. Exhibit 1 to these Data Terms describes the parties’ responsibilities as joint controllers, and the lawful bases for processing personal data jointly controlled. In the event the parties anticipate that personal data will be processed in a way not described on Exhibit 1 hereto, the parties will cooperate in good faith to maintain compliance with the Data Protection Laws and any Exhibit attached directly to a Schedule will supersede the Exhibit 1 below.

5. Processors. Processing Party will, and is hereby authorized to, process Personal Data solely on the documented instructions of the Controlling Party, including without limitation, as is reasonably necessary to perform its obligations under the Agreement, unless required to do so by Data Protection Laws to which the Processing Party is subject, and Processing Party notifies the Controlling Party of such legal requirement before processing (except where the law prohibits such disclosure on public interest grounds). The Personal Data processed, and purposes of processing are described further in the applicable Exhibit.

6. Authorized Persons. The Processing Party will ensure that persons authorized to process the Personal Data are under an appropriate contractual or statutory obligation of confidentiality with respect to such Personal Data.

7. Termination. Processing Party will, solely to the extent processing as a Processing Party hereunder, cease processing Personal Data upon the termination or expiry of the Agreement, and at the Controlling Party’s option, either return or delete all copies of Personal Data unless (and solely to the extent and for so long as) applicable law requires the retention of such Personal Data.

8. Non-Compliance Notice. Each Processing Party will immediately inform the Controlling Party if, in its opinion, an instruction of the Controlling Party violates any Data Protection Laws.

9. Subprocessing. Processing Party is authorized to appoint additional processors to process Personal Data on Processing Party’s behalf or perform its obligations under the Agreement ("Subprocessor"). The Processing Party will perform reasonable due diligence to ensure that any Subprocessors are able to, and are obligated by written contract to comply with, the Processing Party’s processing obligations under these Data Terms. Processing Party will notify Controlling Party of its Subprocessors at Controlling Party’s request.

10. Security. Taking into account the state of the art, the costs of implementation and the nature, scope, context and purposes of processing, as well as the risk of varying likelihood and severity for the rights and freedoms of natural persons, each party will implement appropriate technical and organizational measures to ensure a level of security appropriate to the risks posed to the security of Personal Data, including all measures required under applicable Data Protection Laws.

11. Data Incidents. Processing Party will notify the Controlling Party without undue delay if Processing Party becomes aware or reasonably suspects a Personal Data Breach has occurred with respect to Personal Data processed under this Agreement. Notifications to Techstars of a data incident or data breach should be sent to dataprivacy@techstars.com. Such notice will include all information reasonably required by the Controlling Party to comply with its obligations under the Data Protection Laws, and Processing Party will update such information as necessary. Processing Party will assist Controlling Party as reasonably necessary for Controlling Party to meet its obligations under applicable Data Protection Laws and in connection with any required notifications of a Personal Data Breach.

12. Data Subject Rights. Regardless whether acting as a Controller or Processor hereunder, each party will promptly notify the other party of any communication it receives directly from a data subject or supervisory authority regarding: (i) the processing of Personal Data under the Agreement; (ii) a party’s compliance with these Data Terms; or (iii) a data subject’s exercise of rights under applicable Data Protection Laws. Notifications of communications to Techstars should be sent to privacy@techstars.com. Notifications to Partner should be sent to the address provided in the applicable Schedule unless another address is specified by Partner. To the extent reasonably necessary given the nature of the party’s processing, each party will use commercially reasonable efforts to assist the other party in the fulfilment of its obligations in relation to a data subject’s exercise of its rights under applicable Data Protection Laws or in connection with any response to data subjects or supervisory authorities.

13. Assistance. To the extent necessary in relation to Processing Party’s processing of Personal Data hereunder, Processing Party will provide reasonable assistance to the Controlling Party with any data protection impact assessments or any prior consultations with supervisory authority which may be required under applicable Data Protection Laws. Further, upon a request from the Controlling Party, Processing Party will delete or return all Personal Data provided hereunder unless required by law to retain the Personal Data.

14. Information. Each party will maintain, and the Processing Party will make available to the Controlling Party upon reasonable notice (and subject to any requirements or limitations regarding audits by the Controlling Party in the Agreement), all information reasonably necessary to demonstrate such party’s compliance with these Data Terms and the Data Protection Laws.

15. Transfers. Processing Party shall take all such measures as are necessary to ensure that the processing or transfer (directly or via onward transfer) of Personal Data processed under this Agreement that is protected by the GDPR or UK GDPR in or to a territory that is not deemed “adequate” data protection as determined by the European Commission under applicable Data Protection Laws is in compliance with applicable Data Protection Laws, which may include (for example) ensuring that any recipient has executed Standard Contractual Clauses or Binding Corporate Rules approved by the European Commission.

16. Changes. In the event of any change in the Data Protection Laws, the parties will negotiate in good faith toward an agreement on any additional contractual terms which may be required following such changes.

Exhibit 1 to Techstars Data Protection Terms

As part of each party’s performance under the Agreement, the types of personal data described below may be processed as necessary in connection with such performance and for the specified purposes described below. The parties will cooperate to provide notice and obtain consents which may be necessary to process information in accordance with the below.

For all Programs, the following types of Personal Data may be processed:

• Individual contact information (first name, last name, email, company name, title, biographic information) for the individuals from each of Partner and Techstars involved in the Program

For Programs that include accelerators or startup engagement, the following types of Personal Data may be processed:

• Applicant/ participant information (first name, last name, email, biographic information) for individuals who apply to, are accepted for, or participate in the Program
• Mentor information (first name, last name, email, biographic information) for any third-party mentors who participate in the Program

For Programs that include Techstars events, the following types of Personal Data may be processed:

Event invitation and attendee information (first name, last name, email, company, title, biographic information) for the third-party attendees of any event run as part of the Program