BWC Video Contest Release

For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Owner hereby
grants The Buffalo Wool Co (“Producer”) and its successors, licensees and assigns, the right, but not the
obligation, to incorporate the film footage, video footage, and/or still photograph(s) described above (the
“Property”) in any manner Producer sees fit in Producer’s film or video production and in any revisions, segments, clips, edits, modifications or derivative works thereof of any variety (collectively, the “Production”), and to use and authorize others to use the Property as so incorporated in the
Production in the distribution, sale, licensing, marketing, advertising, promotion, exhibition and other exploitation of the
Production in all markets and media (whether now known or hereafter developed), throughout the universe, in
Owner warrants and represents that Owner has the right to grant all rights granted herein and Producer and/or
Producer’s use of the Property as permitted herein will not infringe on the rights of any third party, including
without limitation any persons appearing in the Property. Owner will indemnify and hold Producer and its successors,
licensees and assigns, harmless from and against any and all claims, damages, liabilities, costs and expenses arising out
of any breach of the foregoing warranty. Owner further understands and agrees that (a) Owner shall have no right to
inspect or approve any portion of the Productions or other materials produced hereunder, (b) (b) Owner shall not be
entitled to any compensation or credit by virtue of this release and (c) in no event shall Owner have the right to seek
or obtain injunctive or other equitable relief in connection with the Property or the development, production,
distribution or exploitation of the Production.