RELEASE AND WAIVER OF LIABILITY AGREEMENT

By purchasing tickets and participating in the Water Lantern Festival (the "Event"), I agree to the following terms and conditions:

I acknowledge that participating in the Event involves inherent risks and potentially hazardous activities, including but not limited to physical walking, being around mud, sand, water, uneven terrain, natural or man-made obstacles, low-light and dark areas, and sometimes dusty and dirty conditions. I understand, recognize, and appreciate these risks, and certify that I am in good health and physically capable of participating in the Event. I assume all risks associated with the Event for myself and any minors under my supervision, acknowledging that participation carries the potential for property loss, serious injury, or death. These risks may arise from terrain, slips, falls, contact with other participants, lack of hydration, traffic, obstacles, weather, bee stings or insect bites, actions of other people (including participants, volunteers, spectators, event officials, and administrators), and other related hazards, all of which are known and appreciated by me. I agree to comply with all applicable laws and to follow the directions of event officials, law enforcement, and emergency personnel during the Event.

I understand that the Event involves physical activity and carries the potential for moderate to serious injury, death, property loss, or damage. Potential risks include, but are not limited to, falls, slips, contact with other attendees, effects of weather (such as heat, humidity, or cold), defective equipment, condition of the roads or course, rough terrain, heavy rain, water hazards, hazards posed by spectators or other attendees, man-made or natural obstacles, wild animals, insects, and poisonous plants. I ASSUME ALL RISKS ASSOCIATED WITH THE EVENT, THE FESTIVAL AREA, AND EQUIPMENT. I agree to monitor my health during the Event and will withdraw immediately and seek medical attention if I believe continuing poses a risk to myself or others. I will inspect the festival grounds prior to participation and promptly notify Event personnel of any hazardous conditions. I agree to wear appropriate clothing and footwear consistent with industry standards and common safety practices during all Event activities. I confirm that I am not under the influence of alcohol or any drugs (prescription, illegal, or over-the-counter) that could impair my ability to participate, and if I am taking medication, I have consulted a physician and received approval to participate while under its influence. I attest that I am physically fit and sufficiently healthy to participate in the Event and that I am covered by medical insurance, either individually or through an organization. I consent to medical treatment in the event of an emergency or incident requiring care, as determined by on-site personnel, and I assume all liability for medical expenses incurred as a result of training for or attending the Event, including but not limited to ambulance transportation, medical attention, treatment, hospital stays, and pharmaceutical goods and services.

In consideration of my participation, I, for myself and any minors under my care or supervision, as well as anyone who might claim on my behalf, covenant not to sue and hereby waive, release, and discharge WLF Ventures, the Water Lantern Festival, its sponsors, partners, affiliates, and all related entities (collectively, the "Released Parties") from any and all claims or liability arising out of my participation in the Event, even if such liability results from negligence or carelessness on the part of the Released Parties. I understand that my participation signifies acceptance of this Release and Waiver of Liability Agreement. I release and forever discharge The Water Lantern Festival from any claims related to first aid, treatment, or services rendered in connection with my participation. I acknowledge that the Water Lantern Festival does not provide health, medical, or disability insurance for participants, and I am responsible for obtaining my own coverage as necessary.

I grant Water Lantern Festival, event organizers, volunteers, venues, facilities, landowners, sponsors, and their representatives, successors, and assigns (collectively, the "Licensee") the irrevocable right to take and use photographs, videos, or other recordings of me or my property (including any materials I provide) during and in connection with the Event (the "Footage"). I permit the Licensee to use and reproduce the Footage, my name, likeness, image, voice, appearance, or property, and biographical information in any medium, worldwide, in perpetuity, for marketing, promotional, advertising, public relations, or commercial purposes, including videos, publications, advertisements, news releases, websites, social media, and other promotional materials, without compensation or approval. I understand that pets, bicycles, skateboards, rollerblades, and scooters are prohibited at the Event and agree to abide by these guidelines.

I agree, on behalf of myself, my heirs, estate, successors, and assigns, to indemnify and hold harmless Water Lantern Festival and any/all related Contributing Entities under any name associated with the Event Organizers, all venues, facilities, landowners, producers, sponsors, co-sponsors, advertisers, organizers, material suppliers, vendors, concessionaires, volunteers, and/or contractors of any of the Event in which I may participate and/or attend, and all employees, principals, directors, shareholders, agents, members, managers, affiliates, trade partners, production services, shipping, manufacturers, designers, representatives, attorneys, and insurers of each of the foregoing (collectively, the "Released Parties") against any lawsuits, demands, claims, or expenses (including attorneys' fees and legal costs) arising from my registration for or attendance at the Event. To the fullest extent permitted by law, I waive, release, discharge, and covenant not to sue the Released Parties for any demands, claims, actions, damages, losses, liabilities, costs, or expenses related to my participation, whether caused by property damage, bodily injury, medical treatment, death, or any other cause, foreseeable or not, including negligent acts or omissions of others. I acknowledge that the RELEASED PARTIES MAKE NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, REGARDING THE EVENT and agree that they will not be liable for consequential, indirect, general, special, or similar damages under any circumstances. This Agreement governs the legal rights and responsibilities of both me and the Released Parties. I grant the Released Parties the worldwide, perpetual right to use and publish my name, likeness, voice, or picture in any medium for any purpose related to the Event, without compensation or approval. I understand that my entry fee is non-refundable unless I have purchased optional ticket protection.

I fully release and forever discharge Water Lantern Festival and its partners from any and all claims for injuries, illnesses, damages, expenses, or losses that I or my minor child may suffer in connection with the Event. I have read and understand this Agreement, including its warnings of risk, assumption of risk, and waiver and release of claims. If the Event is canceled due to circumstances beyond reasonable control, the Released Parties are not obligated to refund my entry fee or other costs I incurred. The Event and Released Parties may reject my entry for any reason. This Agreement is legally binding and will be construed broadly to provide a release and waiver to the maximum extent permitted by law. Any void or unenforceable provisions shall be severed without affecting the validity of the remaining provisions.

FOR ATTENDEES UNDER EIGHTEEN (18) YEARS OF AGE: A parent or legal guardian must sign below, certifying that their son/daughter/ward has permission to participate, is in good physical condition, and can safely participate in the Event. The parent/guardian has read and understands this Agreement and voluntarily agrees to its terms, authorizes medical treatment for the minor, and grants access to the minor’s medical records as necessary. By signing, I affirm that I am at least eighteen (18) years of age, have read this document, understand its contents, and voluntarily agree to its terms, recognizing that I am giving up substantial rights.