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Lagrange Airdrop Terms

Last Updated: May 28, 2025

Welcome, and thank you for your interest in Lagrange Foundation, a Cayman Islands foundation company, ("Lagrange," "we," or "us") and the airdrop of $LA tokens ("Tokens") which are being made available by Lagrange to which these terms (the "Airdrop Terms") apply (the "Airdrop").

These Airdrop Terms govern your participation in the Airdrop. These Airdrop Terms are supplemental to, and incorporate by reference, our Terms of Service available at https://www.lagrangefoundation.org/terms-of-service ("General Terms" and, collectively with these Airdrop Terms, the "Terms"). Defined terms used but not defined herein have the meaning set forth in the General Terms.

PLEASE READ THE FOLLOWING TERMS CAREFULLY:

BY CLICKING "I ACCEPT," OR BY PARTICIPATING IN THE AIRDROP, INCLUDING BUT NOT LIMITED TO BY LINKING A WALLET (AS DEFINED BELOW), YOU AGREE THAT YOU HAVE READ AND UNDERSTOOD, AND, AS A CONDITION TO YOUR USE OF THE SERVICE, YOU AGREE TO BE BOUND BY, THESE AIRDROP TERMS. If you are not eligible, or do not agree to these Airdrop Terms, then you do not have our permission to PARTICIPATE IN THE AIRDROP. YOUR PARTICIPATION IN THE AIRDROP, AND LAGRANGE'S PROVISION OF THE TOKENS TO YOU, CONSTITUTES AN AGREEMENT BY LAGRANGE AND BY YOU TO BE BOUND BY THESE AIRDROP TERMS.

BY PARTICIPATING IN THE AIRDROP, YOU EXPRESSLY ACKNOWLEDGE AND ASSUME ALL RISKS RELATED THERETO, INCLUDING (WITHOUT LIMITATION) THE RISKS SET OUT BELOW. IN NO EVENT SHALL LAGRANGE BE HELD LIABLE IN CONNECTION WITH OR FOR ANY CLAIMS, LOSSES, DAMAGES, OR OTHER LIABILITIES, WHETHER IN CONTRACT, TORT, OR OTHERWISE, ARISING OUT OF OR IN CONNECTION WITH THE AIRDROP OR THE RECEIPT OF ANY TOKENS.

1. Airdrop

1.1 These Terms describe your participation in Lagrange’s Airdrop of Tokens. The Airdrop shall be conducted during a specified period, as determined by Lagrange in its sole discretion. The number of Tokens allocated to you will be determined by Lagrange, in its sole discretion, and such allocation may vary. Tokens may be made available for claims after an initial period in which you can check eligibility for, but not claim, Tokens.

2. Eligibility

2.1 Lagrange will determine whether you are permitted to participate in the Airdrop in Lagrange’s sole discretion. You must be at least 18 years old to participate in the Airdrop. By agreeing to these Terms, you represent and warrant to us that: (a) you are at least 18 years old; (b) you are eligible to receive and own a Token and have not previously been restricted from receiving a Token; and (c) your registration for and participation in the Airdrop is in compliance with any and all applicable laws and regulations, including any country or territory-specific laws and regulations. If you are an entity, organization, or company, the individual accepting these Terms on your behalf represents and warrants that they have authority to bind you to these Terms and you agree to be bound by these Terms. The Airdrop is not available in various jurisdictions including but not limited to United States, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Iceland, Liechtenstein, and Norway. You agree that you will not use a virtual private network or similar tool to circumvent any geo-blocking and/or other restrictions that we have implemented in connection with the Airdrop. Any such deliberate circumvention, or attempted circumvention, of our controls may permanently disqualify you from participation in the Airdrop, as determined in our discretion.

2.2 You agree and acknowledge that your participation in the Airdrop does not violate any applicable laws, including without limitation applicable anti-money laundering, counter terrorist financing and counter proliferation financing laws, as well as applicable economic and trade sanctions and export control laws and regulations, including those administered and enforced by the EU, UK, Cayman Islands, OFSI, OFAC, the U.S. Department of State, the U.S. Department of Commerce, the UN Security Council, and other relevant authorities.

3. Registration, Digital Wallet, and Access

3.1 In order to participate in the Airdrop, you will need to link a supported electronic wallet (a “Wallet”) and may need to provide other information about yourself, such as your social media account and other information requested by Lagrange from time to time. Lagrange does not assume any responsibility for or liability with respect to any Wallet. By connecting a third-party Wallet, you agree to abide by the terms and conditions of the applicable Wallet provider. You must familiarize yourself with the terms of use, technology, and security protocols of any Wallet. You are solely responsible for maintaining the security of your Wallet, including your credentials, private key, and/or seed phrase. We are in no way liable for any acts or omissions by you in connection with your Wallet or losses or liabilities as a result of your Wallet being compromised. You should make contingency plans with respect to your Wallet in the event of your death or incapacity; otherwise, you (and your executor, guardian, or heirs) may lose access to your Wallet and your cryptocurrency.

3.2 You represent and covenant to Lagrange that any Wallet used by you in connection with the Airdrop is and will be controlled exclusively and directly by you and no other person. You represent and warrant that all information provided during the Airdrop process is true, accurate, and complete.

3.3 You agree that Lagrange may share any information you provide in connection with the Airdrop in its sole discretion, including to reduce the risks of money laundering, terrorist financing, sanctions violations, or other potentially illicit activity, or as otherwise necessary to address laws and regulations that may be relevant to the Airdrop or the Tokens.

3.4 You agree and acknowledge that if you are unable to participate in the Airdrop or claim the Tokens due to technical bugs, smart contract issues, gas fees, wallet incompatibilities, loss of access to a wallet or the key thereto, or for any other reason, you will have no recourse or claim against us or our affiliates. Without limitation to the generality of any provision in these Terms and Conditions, in any such cases, neither we nor our affiliates will bear any liability.

3.5 You agree and acknowledge that participating in the Airdrop and claiming the Tokens may require interaction with, reliance on, or an integration with third-party products or services (e.g., a wallet or a network or blockchain) that we do not control. In the event that you are unable to access such products, services, or integrations, or if they fail for any reason, and you are unable to participate in the Airdrop or claim Tokens as a result, you will have no recourse or claim against us or any of our affiliates; and neither we nor any of our affiliates bear(s) any responsibility or liability to you.

4. Payment and Fees

4.1 You agree and acknowledge that your participation in the Airdrop and claim of Tokens does not require or involve any form of purchase, payment, or tangible consideration from or to us, nor otherwise require or involve any acceptance of value by us from you. As a result, the Airdrop does not amount to an "issuance of virtual assets” or a “virtual asset issuance” within the meaning of the Cayman Islands Virtual Assets (Service Providers) Act (as amended). You agree and acknowledge that you (a) are eligible to (as set forth in Section 2) and lawfully may receive Tokens for free via the Airdrop (other than Gas Fees or applicable taxes, if any, that may be due to third parties), (b) were not promised the Tokens or any tokens (whether via the Airdrop or otherwise); and (c) took no action in anticipation of, or in reliance on, receiving the Tokens or any tokens, the occurrence of an Airdrop, or potential participation in any Airdrop.

4.2 Blockchain transactions require the payment of transaction fees to the appropriate network (“Gas Fees”). Except as otherwise expressly set forth in the terms of another offer by Lagrange, you will be solely responsible to pay the Gas Fees that are imposed or become due in connection with your participation in the Airdrop.

4.3 You agree and acknowledge that (a) you are solely responsible and liable for all taxes, fees, duties and governmental assessments (except for taxes based on Lagrange’s net income) due in connection with your participation in the Airdrop; and (b) you should consult a tax advisor with respect to the tax treatment of Tokens in your jurisdiction.

5. Indemnity

You agree to defend, indemnify, and hold Lagrange, its affiliates and their respective shareholders, directors, supervisors, managers, members, officers, employees, consultants, and agents (the “Lagrange Entities”) harmless from and against any and all claims, actions, proceedings, investigations, demands, suits, costs, damages, losses, liabilities and expenses (including attorneys’ fees and costs, and fines or penalties (including any disgorgement) imposed by any regulatory authority) incurred by the Lagrange Entities arising out of or in connection with: (a) your participation in, or conduct in connection with, the Airdrop, including your linking your Wallet to participate in the Airdrop, or your receipt or use of any Tokens; (b) your breach or our enforcement of these Terms, or (c) your violation of any applicable law, regulation, or rights of any third party. We reserve the right, at our own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you (without limiting your indemnification obligations with respect to that matter), and in that case, you agree to cooperate with our defense of those claims. Your obligations under this indemnification provision will continue even after these Airdrop Terms have expired or been terminated.

6. Warranty Disclaimer

6.1 PARTICIPATION IN THE AIRDROP IS AT THE YOUR OWN RISK. THE AIRDROP AND ALL TOKENS PROVIDED ON AN “AS IS'” AND “AS AVAILABLE” BASIS. LAGRANGE EXPRESSLY DISCLAIMS ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT.

6.2 LAGRANGE MAKES NO WARRANTY THAT THE AIRDROP OR THE TOKENS WILL MEET YOUR REQUIREMENTS OR BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE. LAGRANGE MAKES NO WARRANTY THAT THE RESULTS THAT MAY BE OBTAINED FROM ACCESS TO OR THE PARTICIPATION IN THE AIRDROP WILL BE ACCURATE OR RELIABLE OR THAT THE QUALITY OF ANY PRODUCTS, SERVICES, APPLICATIONS, INFORMATION, OR OTHER MATERIAL PURCHASED OR OBTAINED BY YOU THROUGH THE AIRDROP WILL MEET YOUR EXPECTATIONS.

6.3 THE TOKENS ARE INTANGIBLE DIGITAL ASSETS THAT EXIST BY VIRTUE OF THE OWNERSHIP RECORD MAINTAINED IN THE BLOCKCHAIN. LAGRANGE AND ITS AFFILIATES HAVE NO CONTROL OVER AND MAKE NO PROMISES OR GUARANTEES WITH RESPECT TO THE PROTOCOLS, BLOCKCHAINS, OR SMART CONTRACTS. YOU AGREE THAT LAGRANGE AND ITS AFFILIATES ARE NOT RESPONSIBLE FOR AND WILL HAVE NO LIABILITY FOR ANY ISSUES OR LOSSES RELATED TO ANY TOKENS OR OTHER DIGITAL ASSETS, PROTOCOLS, BLOCKCHAINS, YOUR WALLET, OR SMART CONTRACTS. LAGRANGE IS NOT RESPONSIBLE FOR LOSSES OR LOSS OR INTERRUPTION OF AN AIRDROP DUE TO THE PROTOCOLS, BLOCKCHAIN, OR ANY OTHER FEATURES OF THE BLOCKCHAIN INCLUDING BUT NOT LIMITED TO LATE REPORT BY DEVELOPERS OR REPRESENTATIVES (OR NO REPORT AT ALL) OF ANY ISSUES WITH THE BLOCKCHAIN SUPPORTING THE BLOCKCHAIN, INCLUDING FORKS, TECHNICAL NODE ISSUES, OR ANY OTHER ISSUES HAVING FUND LOSSES AS A RESULT.

6.4 THE LAWS AND REGULATIONS BLOCKCHAIN TECHNOLOGIES AND DIGITAL ASSETS ARE RAPIDLY EVOLVING. CHANGES IN SUCH LAWS OR REGULATIONS, OR IN THER INTERPRETATION, MAY IMPACT OR ADVERSELY AFFECT OUR ABILITY TO PROVIDE THE TOKENS OR AIRDROPS.

6.5 THE LIMITATIONS, EXCLUSIONS AND DISCLAIMERS IN THIS SECTION 6 (Warranty Disclaimer) APPLY TO THE FULLEST EXTENT PERMITTED BY LAW. Lagrange does not disclaim any warranty or other right that Lagrange is prohibited from disclaiming under applicable law.

7. No Professional Advice and No Fiduciary Duties

7.1 The prices and value of Tokens and other digital assets are volatile and subjective. Tokens and similar digital assets may have no inherent or intrinsic value and may have no use. Lagrange does not and cannot guarantee that any Tokens acquired by you will have any particular value or retain any particular value attributed to them in any transaction. You acknowledge that to the extent any Token has value, any Token may drop in value for many reasons and Lagrange will have no responsibility for determining value or compensating you in any way for any losses in value to you and Lagrange is not required to redeem or purchase any Tokens for any reason. You agree to assume all risk associated with the use and value of Tokens. You also agree not to use the Tokens in any way that would violate applicable laws, including US securities laws.

7.2 All information provided on the website or through the Airdrop, or otherwise provided by Lagrange, is for informational purposes only and is not and should not be construed as professional advice. You should not take, or refrain from taking, any action based on any information contained on the website or obtained through the Airdrop. Before you make any financial, legal, tax, or other decisions with respect to the Airdrop or the Tokens, you should seek independent, professional advice from an individual who is licensed and qualified in the area for which such advice would be appropriate.

7.3 These Airdrop Terms are not intended to, and do not, create or impose any fiduciary duties on us. To the fullest extent permitted by law, you acknowledge and agree that we owe no fiduciary duties or liabilities to you or any other party, and that to the extent any such duties or liabilities may exist at law or in equity, those duties and liabilities are hereby irrevocably disclaimed, waived, and eliminated. You further agree that the only duties and obligations that we owe you are those set out expressly in these Airdrop Terms.

8. Your Warranties

By participating in the Airdrop, you represent and warrant that you (a) will comply with all applicable laws in your participation in the Airdrop and your possession and use of all Tokens, (b) understand the risks inherently associated with using cryptographic and blockchain-based systems, (c) have a working knowledge of the usage, storage, and intricacies of digital assets, and (d) you understand that markets for digital assets are highly volatile due to various factors, including adoption, speculation, technology, security, and regulation. You acknowledge and accept that the cost and speed of transacting with cryptographic and blockchain-based systems are variable and may increase or decrease dramatically at any time. You acknowledge and accept the risk that your digital assets may have no value or lose some or all of their value at any time. You understand that anyone can create a token, including fake versions of the Tokens, or other existing tokens and tokens that falsely claim to represent certain projects, entities, or people, and you acknowledge and accept the risk that you or others may mistakenly seek to claim or trade those or other tokens. You acknowledge that Lagrange is not responsible for any of these variables or risks and cannot be held liable for any resulting losses that you experience, including losses while participating in the Airdrop. Accordingly, you understand and agree to assume full responsibility for all of the risks of participating in the Airdrop.

9. Limitation of Liability

9.1 TO THE FULLEST EXTENT PERMITTED BY LAW, IN NO EVENT WILL THE LAGRANGE ENTITIES BE LIABLE TO YOU FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR PUNITIVE DAMAGES (INCLUDING DAMAGES FOR LOSS OF PROFITS, GOODWILL, OR ANY OTHER INTANGIBLE LOSS) ARISING OUT OF OR RELATING TO YOUR PARTICIPATION IN, OR YOUR INABILITY TO PARTICIPATE IN, THE AIRDROP, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), STATUTE, OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT ANY LAGRANGE ENTITY HAS BEEN INFORMED OF THE POSSIBILITY OF DAMAGE.

9.2 EXCEPT AS PROVIDED IN THE GENERAL TERMS AND TO THE FULLEST EXTENT PERMITTED BY LAW, THE AGGREGATE LIABILITY OF THE LAGRANGE ENTITIES TO YOU FOR ALL CLAIMS ARISING OUT OF OR RELATING TO YOUR PARTICIPATION IN OR ANY INABILITY TO PARTICIPATE IN ANY PORTION OF THE AIRDROP OR OTHERWISE UNDER THESE TERMS, WHETHER IN CONTRACT, TORT, OR OTHERWISE, IS LIMITED TO THE AMOUNT YOU HAVE PAID TO LAGRANGE FOR PARTICIPATION IN THE AIRDROP.

9.3 EACH PROVISION OF THESE TERMS THAT PROVIDES FOR A LIMITATION OF LIABILITY, DISCLAIMER OF WARRANTIES, OR EXCLUSION OF DAMAGES IS INTENDED TO AND DOES ALLOCATE THE RISKS BETWEEN THE PARTIES UNDER THESE TERMS. THIS ALLOCATION IS AN ESSENTIAL ELEMENT OF THE BASIS OF THE BARGAIN BETWEEN THE PARTIES. EACH OF THESE PROVISIONS IS SEVERABLE AND INDEPENDENT OF ALL OTHER PROVISIONS OF THESE TERMS. THE LIMITATIONS IN THIS SECTION 9 (LIMITATION OF LIABILITY) WILL APPLY EVEN IF ANY LIMITED REMEDY FAILS OF ITS ESSENTIAL PURPOSE.

9.4 You have reviewed with your professional legal and other advisors and agree with the Warranty Disclaimers, indemnification provisions and Limitations of Liability in these Terms and Conditions.

10. Miscellaneous

These Airdrop Terms, including the General Terms and any other agreements expressly incorporated by referenced into these Terms, are the entire and exclusive understanding and agreement between you and Lagrange regarding your participation in the Airdrop. You may not assign or transfer these Terms or your rights under these Terms, in whole or in part, by operation of law or otherwise, without our prior written consent. We may assign these Terms and all rights granted under these Terms at any time without notice or consent. The failure to require performance of any provision will not affect our right to require performance at any other time after that, nor will a waiver by us of any breach or default of these Terms, or any provision of these Terms, be a waiver of any subsequent breach or default or a waiver of the provision itself. Use of Section headers in these Terms is for convenience only and will not have any impact on the interpretation of any provision. Throughout these Terms the use of the word “including” means “including but not limited to.” If any part of these Terms is held to be invalid or unenforceable, then the unenforceable part will be given effect to the greatest extent possible, and the remaining parts will remain in full force and effect.

11. How to Contact Us.

You may contact us regarding the Airdrop or these Airdrop Terms by e-mail at airdrop@lagrangefoundation.org.