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DEMO RELEASE, WAIVER, AND ASSUMPTION OF RISK AGREEMENT

This Demo Release, Waiver and Assumption of Risk Agreement (“Agreement”) is executed on October 28, 2026, by (“Releasor”).

RELEASE. In consideration for permitting Releasor to test and evaluate the ShredShox full suspension system ("Product"), Releasor, for himself/herself, his/her spouse, legal representatives, heirs and assigns, releases, waives and discharges NLP Holdings d/a ShredShox ("Company"), a Indiana Limited Liability Company its members, officers, directors, shareholders, owners, employees, agents and representatives (“Releasees”), from all liability to Releasor, his/her spouse, legal representatives, heirs and assigns, for any and all loss or damage, and any claim or damages resulting from the same, on account of injury to Releasor’s person or property, even injury resulting in death of Releasor, whether caused by the negligence of Releasees or otherwise while Releasor is participating in the testing and evaluation of the Next Level Platform. Releasor understands that by signing this release, Releasor is waiving any and all claims, of any kind arising out of or attributable to Releasor’s participation in the use of the ("Product"), including those claims that may be unknown to Releasor, or which Releasor does not suspect to exist at this time, AND IN CONSIDERATION FOR BEING PERMITTED TO PARTICIPATE IN THE TESTING, DEMONSTRATION, OR USE OF ("Product"), THE UNDERSIGNED HEREBY KNOWINGLY, VOLUNTARILY, AND IRREVOCABLY AGREES AS FOLLOWS:

THE UNDERSIGNED HEREBY RELEASES, WAIVES, DISCHARGES, AND COVENANTS NOT TO SUE ("Company") FROM ANY AND ALL CLAIMS, DEMANDS, CAUSES OF ACTION, DAMAGES, LOSSES, COSTS, OR LIABILITIES OF ANY KIND OR NATURE WHATSOEVER, WHETHER KNOWN OR UNKNOWN, SUSPECTED OR UNSUSPECTED, FORESEEN OR UNFORESEEN, ARISING OUT OF, RELATED TO, OR IN ANY WAY CONNECTED WITH THE PRODUCT TESTING ACTIVITIES, INCLUDING BUT NOT LIMITED TO THE USE, MISUSE, TESTING, TRANSPORTATION, INSTALLATION, OR OPERATION OF SHREDSHOX PRODUCTS.

THE UNDERSIGNED EXPRESSLY ACKNOWLEDGES AND AGREES THAT THIS RELEASE INCLUDES CLAIMS THAT MAY ARISE FROM UNKNOWN OR UNANTICIPATED RISKS, INCLUDING RISKS RESULTING IN PERSONAL INJURY, PROPERTY DAMAGE, ECONOMIC LOSS, OR DEATH, WHETHER CAUSED BY THE NEGLIGENCE OF ("Company") OR OTHERWISE, TO THE FULLEST EXTENT PERMITTED BY INDIANA LAW.

THE UNDERSIGNED FURTHER ACKNOWLEDGES THAT THEY MAY DISCOVER FACTS OR CLAIMS IN THE FUTURE THAT ARE DIFFERENT FROM OR IN ADDITION TO THOSE NOW KNOWN OR BELIEVED TO BE TRUE, BUT IT IS THEIR EXPRESS INTENTION TO FULLY, FINALLY, AND FOREVER RELEASE ("Company") FROM ALL SUCH CLAIMS, WHETHER OR NOT SUCH CLAIMS ARE CURRENTLY KNOWN, SUSPECTED, OR ANTICIPATED.

THE UNDERSIGNED UNDERSTANDS AND AGREES THAT THIS WAIVER AND RELEASE IS A MATERIAL CONDITION OF BEING PERMITTED TO PARTICIPATE IN PRODUCT TESTING AND THAT NO SUCH PARTICIPATION WOULD BE ALLOWED WITHOUT THIS RELEASE.

THE UNDERSIGNED REPRESENTS AND WARRANTS THAT THEY ARE AT LEAST EIGHTEEN (18) YEARS OF AGE, LEGALLY COMPETENT TO EXECUTE THIS AGREEMENT, AND THAT THEY HAVE READ THIS WAIVER CAREFULLY, UNDERSTAND ITS CONTENTS, AND SIGN IT FREELY AND VOLUNTARILY.

A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the release and that, if known by him or her, would have materially affected his or her settlement with the debtor or released party.


I understand and acknowledge that the product being tested or used includes an alpine ski, the ShredShox full suspension ski platform, and alpine ski bindings (collectively, the “Equipment”). I understand that the ski-boot binding system is designed to release the boot from the ski when certain forces applied to the system reach preset values; however, I further understand and agree that the binding WILL NOT RELEASE OR RETAIN IN ALL CIRCUMSTANCES where release or retention may prevent injury, and that the Equipment CANNOT AND DOES NOT PREVENT ALL INJURIES to any part of the user’s body.

I understand and agree that setting bindings at lower release values may increase releasability but also increases the risk of injury due to inadvertent or premature release, and that setting bindings at higher release values may increase retention but also increases the risk of injury due to non-release. I acknowledge that injuries resulting from unintended release, failure to release, retention, or partial release are inherent risks of alpine skiing, regardless of equipment design or adjustment.

I further understand and agree that the use of the Equipment, including participation in product testing, demonstrations, or non-standard configurations, may void or limit certain manufacturer warranties, express or implied, and that ShredShox makes no guarantee, representation, or warranty that the Equipment will function without failure or will prevent injury during normal use, unexpected events, misuse, environmental conditions, collisions, falls, or failure of any component or system.

I acknowledge that alpine skiing is an inherently dangerous activity involving known and unknown risks, including but not limited to loss of control, falls, collisions with natural or man-made objects, variable snow conditions, equipment malfunction or failure, and the actions of other skiers. I knowingly and voluntarily assume all such risks, whether arising from normal use, unexpected events, environmental factors, or equipment performance or failure.

I understand and agree that no equipment, including the ShredShox system, can eliminate the risks of skiing or guarantee that I will not be injured, and I accept full responsibility for my participation and use of the Equipment.

I acknowledge that ShredShox has no duty to inspect, adjust, recommend, or confirm binding settings and assumes no responsibility for injuries arising from binding setup, adjustment, or use.

ASSUMPTION OF RISKS. Releasor understands and agrees that the sport of skiing, in general, and the use of the ("Company") in particular, can be dangerous and involve risk of injury and death. Releasor freely, voluntarily and expressly chooses to assume all risks inherent in the use of the ("Company"), including but not limited to risks of equipment malfunction and/or failure to function, including those which may result from some defect in design, assembly, and/or manufacture as well as those risks arising from improper and/or negligent operation and/or use of the equipment, for and in consideration of the right of participation in testing and evaluation of the equipment, understanding full well that those risks may include personal injury, property damage, and/or death.

INDEMNIFICATION AND HOLD HARMLESS. Releasor agrees to indemnify, save, and hold harmless Releasees from any loss, liability, damage, expense or cost whatsoever Releasees may incur either directly or indirectly arising out of or related to Releasor’s participation in the use of the ("Company") whether caused by the negligence of Releasees or otherwise, including but not limited to, actions brought on by or on behalf of Releasor or Releasor’s estate.

AUTHORIZATION TO USE IMAGE AND LIKENESS. As further consideration for Releasor’s opportunity to use the ("Company"), Releasor grants to Releasees (and its designees) the right to include Releasor’s image, likeness, actions, and statements in any live or recorded audio, video, film, 2 webcast, stream, or other transmission, exhibition, simulcast, or reproduction made of, during, about, or at, the demonstration use of the ("Company") in any medium or context for any purpose, including commercial or promotional purposes, without further authorization or otherwise.

COVENANT NOT TO SUE. Releasor will not initiate any claim, lawsuit, court action, or other legal proceeding or demand against Releasees, or join or assist in the prosecution of any claim for money or other damages which anyone may have, on account of injuries (including death), losses, or damages sustained by Releasor, other parties, or Releasor’s (or others') property in connection with the use of the ("Company"), and Releasor waives any right Releasor may have to do so.

This Release constitutes the sole and entire agreement between the parties with respect to the subject matter contained herein and supersedes all prior and contemporaneous understandings, agreements, representations, and warranties, whether written or oral, relating to such subject matter.

If any term or provision of this Release is held to be invalid, illegal, or unenforceable under applicable law, such invalidity, illegality, or unenforceability shall not affect any other term or provision of this Release, nor shall it invalidate or render unenforceable such term or provision in any other jurisdiction.

This Release is binding upon and shall inure to the benefit of the Releasor and the Releasees, and their respective heirs, executors, administrators, successors, and permitted assigns.

All matters arising out of or relating to this Release shall be governed by and construed in accordance with the internal laws of the State of Indiana, without giving effect to any choice-of-law or conflict-of-laws provision or rule of any jurisdiction.

BY SIGNING BELOW, RELEASOR ACKNOWLEDGES THAT RELEASOR HAS READ AND FULLY UNDERSTOOD ALL OF THE TERMS OF THIS RELEASE AND THAT RELEASOR IS VOLUNTARILY GIVING UP SUBSTANTIAL LEGAL RIGHTS, INCLUDING THE RIGHT TO SUE THE COMPANY FOR CLAIMS, WHETHER KNOWN OR UNKNOWN, ARISING OUT OF RELEASOR’S PARTICIPATION IN USE OF THE NEXT LEVEL PLATFORM.

NOTE: IT IS YOUR RESPONSIBILiTY TO CHECK THE BINDINGS TO MAKE SURE THEY ARE SET TO YOUR REQUIREMENTS. SHREDSHOX. IS NOT RESPONSIBLE FOR YOUR FAILURE TO DO SO. 


First Participant's Name
First Name*
Middle Name
Last Name*
First Participant's Age Acknowledgment*
First Participant's Date of Birth*
Date of Birth
I certify that I am 18 years of age or older
First Participant's Signature*
Second Participant's Name
First Name*
Middle Name
Last Name*
Participant's Date of Birth*
Date of Birth
Third Participant's Name
First Name*
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Last Name*
Participant's Date of Birth*
Date of Birth
Fourth Participant's Name
First Name*
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Last Name*
Participant's Date of Birth*
Date of Birth
Fifth Participant's Name
First Name*
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Participant's Date of Birth*
Date of Birth
Sixth Participant's Name
First Name*
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Last Name*
Participant's Date of Birth*
Date of Birth
Seventh Participant's Name
First Name*
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Last Name*
Participant's Date of Birth*
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Eighth Participant's Name
First Name*
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Participant's Date of Birth*
Date of Birth
Ninth Participant's Name
First Name*
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Last Name*
Participant's Date of Birth*
Date of Birth
Tenth Participant's Name
First Name*
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Participant's Date of Birth*
Date of Birth
Parent or Guardian's Email Address
Email*
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Parent(s) or Court-Appointed Legal Guardian(s) must sign for any participating minor (those under 18 years of age) and agree that they and the minor are subject to all the terms of this document, as set forth above.


By signing below the Parent or Court-Appointed Legal Guardian agrees that they are also subject to all the terms of this document, as set forth above.
Parent or Guardian's Name
First Name*
Middle Name
Last Name*
Phone*
Parent or Guardian's Age Acknowledgment*
Parent or Guardian's Date of Birth*
Date of Birth
I certify that I am 18 years of age or older
Parent or Guardian's Signature*
Electronic Signature Consent*
 By checking here, you are consenting to the use of your electronic signature in lieu of an original signature on paper. You have the right to request that you sign a paper copy instead. By checking here, you are waiving that right. After consent, you may, upon written request to us, obtain a paper copy of an electronic record. No fee will be charged for such copy and no special hardware or software is required to view it. Your agreement to use an electronic signature with us for any documents will continue until such time as you notify us in writing that you no longer wish to use an electronic signature. There is no penalty for withdrawing your consent. You should always make sure that we have a current email address in order to contact you regarding any changes, if necessary.


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