Waiver of payment for prizes *
Under the terms of this agreement, I waive my right to any cash prize to which I may be entitled. I am entering into this agreement prior to beginning of the Jacobs Teen Innovation Challenge being organized by The Jacobs Institute for Innovation in Education at the University of San Diego. I understand that although I may suggest a donee, I am not entitled to determine an appropriate donee for this foregone cash prize, and that the University has complete discretion over the use of these funds. As a result of this agreement, I understand that I will receive no taxable income nor will I receive a charitable contribution deduction for the income foregone.