Summer@HIGHLAND 2012 Terms and Conditions

- The program is open to teams with co-founders that are current undergraduate or graduate students, post graduate docs, as well as recent grads (must not have graduated earlier than December 2011). At least one participating member of the team must meet this criterion.

- Teams need to consist of at least two co-founders and preferably aren’t larger than four members.

- Each selected team will receive $15,000.

- Participating teams are required to work full time for a minimum 10 weeks in the program over the summer. Teams should target to arrive at their respective Highland office on June 4th (there is some flexibility here) and depart no later than August 31, 2012.

- As the 2012 program will be hosted at Highland locations in the United States, to be considered all applying team members must be citizens of the United States or have all appropriate paperwork in place (independently of Highland) to participate in the program in the United States during the summer.

- While participating in the program, teams will need to reside in Highland's office in either Cambridge, Massachusets or Menlo Park, California.

- Each participating team will have a Highland sponsor who will be the team’s gateway to advice and counsel from Highland’s investors and industry network.

- Participating teams in the core Summer@HIGHLAND 2012 program are under no obligation to Highland after the summer.