SLINGSHOT 2019 Startup Competition
Rules
Official Rules of the
SLINGSHOT 2019 STARTUP COMPETITION
(the “Official Rules”)
Competition Name: SLINGSHOT 2019 STARTUP COMPETITION (the “Competition”)
The aim of these Rules is to set out the terms and conditions governing your participation in the Competition. By participating in this Competition, you fully and unconditionally agree to comply with these Rules. If you do not agree with any of these Rules, do not register for this Competition and do not submit an entry.
SPONSOR & ORGANIZER
Sponsor (the “Sponsor”): Enterprise Singapore, (formerly International Enterprise Singapore and SPRING Singapore), is the government agency championing enterprise development. The agency works with committed companies to build capabilities, innovate and internationalize.
Organizer (the “Organizer”): Agorize, a French Simplified Joint Stock Company (Société par Actions Simplifiée, or SAS), registered within the Commercial and Companies Register of Paris under number 530 774 439, and has its registered office at 34 rue du Faubourg-Saint-Antoine 75012 Paris.
The Organizer shall act in the name and on behalf of the Sponsor as part of their assignment.
The Sponsor and the Organizer shall be considered as the joint organizers of the Competition.
- TERM
This Competition begins on APRIL 26th at 8:00:AM [GMT+8] and ends on DECEMBER 15th, 2019 at 23:59PM [GMT+8], one month after the SLINGSHOT EVENT. Application Phase within the Competition will run from APRIL 26th at 8:AM [GMT+8] to JUNE 28th at 23:59PM. The Competition will be accessible 24 hours a day on the dedicated Competition website operated by Agorize at https://slingshot.agorize.com/ slingshot-2019-competition (“the Competition website”), subject to possible IT maintenance operations.
- AGREEING TO THE RULES
Any eligible person who is registered on the Competition website and enrolls to participate in the Competition (“Participant” or “You”), is required to review and accept these Rules. By accessing and accepting these Rules, You:
- enter into a valid and enforceable contractual relationship with the Sponsor regarding participation in the Competition. The registration and enrolment in the Competition does not set up any subordination relationship between the Sponsor and the Participant, and
- fully and unconditionally agree to comply with these Rules. Participants express their agreement by checking an online box while enrolling for the Competition.
In case of non-respect of these Rules, the Participant will be immediately disqualified from the Competition and no prize will be awarded.
- REGISTRATION AND PARTICIPATION IN THE COMPETITION
To take part in the Competition, we must receive your completed registration by JUNE 28th, 2019 23:59 [GMT+8].
To register, the Participant must first have created a user account on the Competition website, and must have truthfully and accurately completed required information, such as full name, email address and the following user fields:
Legal Name of your Startup
- First Name
- Last Name
- Legal Name of your Startup
- Your Startup Development state:
- Industry
- Country of the Startup
- Your Startup Elevator Pitch
- Gender
- Nationality
- Phone number
- Date of birth
Any registration based on inaccurate, false or incomplete information will result in the Participant’s disqualification. Refusing collection, recording and use of their personal data that is strictly necessary to performing the Competition will result in the Participant’s disqualification. The Participant is solely responsible for the information he/she provides when registering. Any intentional or non-intentional mistake, anomaly or inconsistency, regarding this information, may result in the Participant’s disqualification. The Sponsor reserves the right to proceed with all necessary verifications required regarding the Participant’s identity, postal and/or email address.
Deletion of a Participant’s user account on the Competition website will be deemed as a withdrawal from the Competition. In this case, the Participant, regardless of whether the deletion results from the Participant’s personal action or not, will not be allowed to participate in the Competition, and will not obtain any compensation for such inability to participate. The Sponsor’s decision in such cases will be final.
You must also have accepted the Rules as well as the Terms and Conditions of Use and the Privacy Policy, during the creation of your user account and your registration to the Competition.
Registration for and participation in the Competition is free, with no purchase or payment obligation.
- ELIGIBILITY
This Competition is open and offered solely to:
- A business entity, regardless of its business area. Startups may be required, in Sponsor’s sole discretion, to provide proof of (i) company registration by submitting a registration certificate issued within the last three (3) months, or ongoing company registration, or any trade registry and proof evidencing the registration of the entity in the relevant country, or (ii) a valid professional insurance policy subscription.
All the documents that may confirm the Participant’s eligibility may be required prior to awarding any prizes (e.g. identity document, registration certificate, etc.).
This Competition is not open to employees and representatives of the Sponsor and Agorize and the members of their families.
This Competition is void in countries where it is prohibited or restricted by law.
- PURPOSE OF THE COMPETITION AND PARTICIPATION
Participation in the Competition must be as a Startup.
- Startups. Startup Participants enter the Competition on behalf of their legal business organizations. During the registration process, Startup Participant must designate one individual , over 21 years old, who is part of the company for contact purposes with the Sponsor. This person will be responsible for registering the Startup at the Competition and participate in the Competition on behalf of the Startup. As a Startup participating in this Competition, you represent and warrant to the Sponsor that such person (i) is an authorized representative of Startup and is participating in the Competition on behalf of such company, and (ii) has obtained all necessary approvals to enter the Competition, including all persons qualified to grant any intellectual property rights to Sponsor
The goal of the Competition is for Participants to submit contributions (or projects) meeting the requirements determined by the Sponsor in the Competition brief, and that are formalized by deliverables. The brief includes information regarding various deadlines, details of the prizes, Sponsor requirements (the “Brief”). The Brief is accessible through the Competition website.
- DELIVERABLES
During the Competition, Participants may upload any documents or other materials (such as texts, presentations, videos, etc.) relating to their project to the Competition website in response and as a solution to the Sponsor’s Competition (the “Deliverable”).
To be eligible, Deliverables must (i) address the specific issue set out in the Brief, (ii) be in a common digital format, such as PDF or MP4, and (iii) be in English and in general terms must comply with these Rules.
If a Deliverable cannot be downloaded, is not in the right format or is incompatible, illegible, or unintelligible, the Deliverable will be disqualified.
By submitting a Deliverable, the following needs must be adhered to:
- The Deliverable includes exclusive contributions from a Startup.
- Otherwise, if content from a third party has been used in the development of the Deliverable, all rights, authorizations and agreements necessary from such third party to submit the Deliverable and grant the rights mentioned herein have been obtained. The discovery of the existence of a third-party, whose contributions in the Deliverable have not been credited will result in the disqualification of the Deliverable and the related Participants;
- No other individual and/or entity is entitled to claim any rights from the use of the Deliverable; and
- The content of the Deliverable does not and will not infringe or violate any rights of any third party or entity, including, without limitation, intellectual property rights, privacy, competition law, confidentiality, or any contractual right.
Participants are responsible for and shall bear any costs or expenses associated with preparing and submitting Deliverables. Participants assume all risk for damaged, lost, late, incomplete, invalid, incorrect or misdirected Deliverables.
- COMPETITION PROCESS
Competition Rounds. The Competition consists of several rounds:
- Round One. Deliverables will be accepted from APRIL 26th, 2019 to JUNE 28st, 2019, 23:59 [GMT+8]. At the end of this Round, up to 600 winning Deliverables will be short-listed to proceed to Round Two.
- Round Two. Deliverables will be accepted from JULY 30th, 2019 to [AUGUST 5th, 2019, 17:00 [GMT+8]. At the end of this Round, 100 winning Deliverables will be selected to proceed to the Final Round.
- Final Round. Participants are invited to attend a 6-day offline event from NOVEMBER 8th to NOVEMBER 13th, 2019, in Singapore. Exact location, time and hour will be confirmed later and the selected Participants will receive the information on the same. Participants will need to bear the cost of all of their travel and accommodation expenses.
Deliverable. If a Participant does not upload a Deliverable on the Competition website before the deadline as set out above, this will be considered as a withdrawal from the Competition by the Participant. Where the Participant fails to upload a Deliverable and is deemed to have withdrawn, the Participant may not continue with the Competition, and will not obtain any compensation from the Sponsor by reason of the inability to continue. The Sponsor’s decision in such cases will be final.
Selection Criteria. Deliverables will be judged according to the Selection Criteria, described below. You agree and acknowledge that the Competition relies on your creativity, capacity, ability, and ingenuity to solve difficult problems. The Competition does not depend, even partially, on chance or luck, and therefore should not be considered as a lottery. Under no circumstances are factors such as appearance, religion, membership in a trade union, political opinions or sexual orientation considered.
Notification to Participants. Once selection has been completed, Participants will be notified by the Organizer by email, phone, or by other means of the results of each Round. The Sponsor will be free to alter the dates on which results are released should this become necessary due to the number of Deliverables to be assessed. The ranking decided by the final jury will be announced at the end of the 6-day offline event and by email from the Organizer following the event.
- Round One
All Round One Deliverables must be submitted before JUNE 28th, 2019 at 23:59 [GMT+]. Deliverables must meet the specifications set out in Section 6, above, and include
- A presentation of their Project produced in PDF format with up to 10 slides.
- An introduction of the Participant based on the questionnaire to be filled in by them, about their participation area, such questionnaire being accessible through their user account.
Pre-selection phase following Round One will proceed as follows:
“Criteria based” voting will take place from Monday, July 1st to Monday, July 29th, 2019
The voters (Sponsor & Organizer) (the “Voters”) will evaluate and select the Deliverables based on their content and the following criteria:
- Maturity of the project
- Technical Depth
- Team
- Grow Potential
- Feasibility of Business Model
- Differentiation and Impaction Value proposition
The 600 Participants with the highest scores at the end of this round will proceed to the next round.
Any attempt to cheat, use fake profiles, use third-party applications that enable false voting linked to cheating, or engage in duplication of voting of which the Sponsor becomes aware will entitle the Sponsor to disqualify the project that received these votes, and that Project’s Participants will be disqualified. The Sponsor’s decision regarding disqualification is final and its decision may not be contested by Participants involved in the project in question or by any other Participants.
Participants will be informed of the results of Round One by JULY 30th, 2019.
- Round Two
All Round Two Deliverables must be submitted before AUGUST 5th, 2019 at 17:00 [GMT+8]. Round Two Deliverables must meet the specifications set out in Section 6, above, and include:
- A 2-minute maximum elevator pitch video introducing the Startup and the project.
Selection phase following Round Two will proceed as follows:
“Like” voting will take place from AUGUST 6th, 2019 to SEPTEMBER 2nd, 2019.
The voters (Investors and Corporates) (the “Voters”) may evaluate a Deliverable and participate in a vote by “liking” the Deliverable. Voters are permitted to cast one single like vote per Deliverable and are permitted to “like” as many Deliverables as they want.
Total amount of “like” will be converted into a 20-point grade based on the numbers of likes obtained by each Startup. This grade will be added to the previous one at the end of Round One. Each grade represents 50% of the overall grade. The TOP 100 Startups with the highest overall grades will be selected for the Final Round.
In the event of multiple Participants with identicalgrades, the Sponsor may arrange for further criteria to be introduced as a tie breaker.
Any attempt to cheat, use fake profiles, use third-party applications that enable false voting linked to cheating, or engage in duplication of voting of which the Sponsor becomes aware will result in the disqualification of the project that received these votes, and such Participants will be disqualifed. The Sponsor’s decision regarding disqualification is final and its decision may not be contested by Participants involved in the project in question or in any other Participant.
Participants will be informed of the results of Round Two by SEPTEMBER 3rd, 2019.
- Final Round
The Organizer will notify Participants who have been selected to participate in the Final Round directly by email to the address provided during registration. In the event a Participant does not confirm his/her attendance at the final event within 5 days after the announcement of the result, the Sponsor reserves the right, at its sole discretion, to disqualify such Participant. This disqualification shall not entitle the Participant to claim any kind of compensation from the Sponsor for the inability to participate.
The Final Round consists of Two Steps:
STEP 1: Participation in Gear Up Workshop and Networking dinner in Singapore from November 8th to November 10th, 2019 by the Sponsor.
STEP 2: An oral presentation at the Slingshot event from November 11th to November 13th. Exact time and location will be given to the Startups later on in the Competition.
Participants must prepare a Deliverable which meets the specifications set out in Section 6 and which include:
- A document describing their Project and presenting, for example, the problem it tackles, the proposed solution, its impact and its business model.
This document will be used as a presentation document during the oral presentation given by the Participants involved in the Project.
At the end of the Final Round, the judges will choose the winning projects and will rank the finalists.
- PRIZES
The prizes are awarded to the winners of the Competition and are subject to compliance with the following cumulative conditions:
- The Deliverables comply with Section 6 (“Deliverables”);
- Each Participant of a winning project complies with Sections 9 and 11;
- It can be proven that the winning Participants fulfil the conditions of eligibility of Section 4.
No prize will be awarded to winners who do not fulfill the above conditions.
Subject to these Terms and Conditions above and the Terms and Conditions of prizes indicated on slingshot.agorize.com slingshot-2019-competition/pages/rewards, once confirmed by Sponsor, the winner(s) will receive the following:
- GRAND SLINGSHOT Winner Grand Prize will be rewarded with a S$200K SG Startup Grant (VAT included); such grant to be accepted by the winner subject to the applicable terms of the grant; S$200,000 investment opportunity from FundedHere; and up to 18 months’ worth of workspace at JTC’s LaunchPad
- 12 SECTOR WINNERS will be rewarded with S$50K SG Startup Grant each; such grant to be accepted by the winners subject to the applicable terms of the grant; and up to 6 months’ worth of workspace at JTC’s LaunchPad
- Top 100 Global Startups will be invited to attend the SLINGSHOT Event in Singapore No travel expenses will be covered, only invitation to attend and to have an Exhibition booth during the whole event.
- Top 30 startups will gain 3 months’ access to Found8’s community programme and hot-desk space
- Selected startups to receive co-innovation, engagement, or incubation opportunities with Ascott, Philips, and WeAre Group.
- Up to 3 selected startups to receive S$25,000 cash prizes each, together with co-innovation opportunities from ST Engineering
- Up to 4 selected startups to receive S$25,000 cash prizes each from Danone, L’Oréal, Rolls-Royce and Mistletoe
No assignment or transfer of prizes is allowed by a winner. If a potential winner cannot be reached, is unable to accept the prize or any portion of the prize for any reason, Sponsor shall have no further obligation to such potential winner. Sponsor will not be required to replace any lost or stolen prizes after the prizes are awarded to winners. Winners will accept the prize “as it is”. Sponsor disclaims any warranty regarding the Prizes.
In the event any winning Participant cannot be reached, by email or by phone, for more than three (3) months after the first attempt to reach them was made, he/she will be deemed as having waived their right to claim the prize and will not be entitled to any prize or any kind of compensation.
The Sponsor will be at liberty to substitute the prize with another which is of similar value. Any such decision is at Sponsor’s sole discretion.
Any Participant who does not fulfil the conditions of Participation as provided in the Rules during their registration and/or at any time during the Competition will be summarily disqualified from the Competition without prior notice and will not be entitled to any prize. In the event that a prize is awarded to a Participant who does not meet the conditions of Participation when registering or throughout the duration of the Competition, Sponsor reserves the right to require the Participant to return the awarded prize.
- COMMUNICATION
The Participant acknowledges and consents that Sponsor may, throughout all countries and for the duration of the Competition and for a period of one (1) year following the Final Round use the Competition for publicity, including for Sponsor’s advertising or other marketing purposes, (by any means and through any format (website, advertising banners, social networks, newsletter, press release) now known or unknown to date, free of charge or for a consideration.
In particular, you consent to the use, by the Sponsor, of your name and surname, your legal Startup name and the country of its registration, the logo, your image, the information regarding the Prize (if you are a winner), the name of your company and its distinctive signs and any other personal data that you submit with your Deliverables as well as the content of your Deliverables relating to the Competition.
As an example, each Participant authorizes the Sponsor to use the photographs taken during the Final to disseminate them via any communication medium.
Such use does not entitle the winner to any other payment than the Prize he/she received. The Sponsor agrees to cease use of the aforementioned elements in connection with the Participant at the end of the aforementioned period.
- CONFIDENTIALITY
The Sponsor has no obligation to keep the information contained in the Deliverables confidential. In general terms, when submitting any Deliverables, the Participants understand, agree and accept that any information contained therein may be publicly disclosed by the Sponsor. Such information contained in the Deliverables may be shared with other key partners working in the Event with the Sponsor.
If you are a prize winner, the Sponsor may request that you execute a confidentiality/non-disclosure agreement for the purpose of entering into negotiations regarding the further development of your project, as described in your Deliverable. Such confidentiality/non-disclosure agreement will be directed to your Deliverable and all intellectual property that it may contain.
Furthermore, Participants acknowledge that the Sponsor may currently or in the future be developing information internally, or receiving information from other parties, that is similar to the information contained in any of the projects. Accordingly, nothing herein shall prohibit the Sponsor from independently acquiring, developing, or having developed for it, products, concepts, systems, services, or techniques that are similar to or compete with the products, concepts, systems or techniques contemplated by or embodied in any Deliverable.
The Participants recognize that other Participants, individuals or entities may have provided to the Sponsor or others, or made public, or may in the future submit, or make public, content that is the same or similar to any piece of information contained in any of the projects. Hence, the Participants acknowledge, agree and accept that the Sponsor shall have the right to use such same or similar materials, and that the Participants will not be entitled to any compensation arising from the Sponsor’s use of such materials.
- INTELLECTUAL PROPERTY
Definitions. For the purposes of this section,
- "Intellectual Property Rights" refer to any copyright or other rights over a brand, a design or a model, a patent and, more generally, any element, (including trade secrets and knowhow), that may be protected by national and/or international laws or conventions on intellectual property (“Intellectual Property Rights”)
- “Previous Rights” refer to any Intellectual Property Rights and/or any associated know-how held by the Participants before the start date of the Competition (“Previous Rights”)
- “Creations” refer to any software (including source and object code software), database, technical specifications, text, design, model, information, knowledge, method, process or product, as well as any resulting elements and/or processes likely or otherwise to be protected according to national and/or international laws or conventions on intellectual property developed by any Participant as a part of any submitted deliverable throughout the Competition (“Creations”).
Warranty of non-infringement. When submitting any Deliverable, at any stage of the Competition, each Participant guarantees to Sponsor that he/she or the Startup is the co/owner and/or co/holder of the Intellectual Property Rights regarding all or part of the Creations contained in the Deliverables submitted at any stage of the Competition, and that he/she has obtained all rights and permissions regarding all pre-existing Creations and any elements of the Deliverables for which he/she does not hold the relevant rights.
Each Participant guarantees (i) that his/her contribution is original and unprecedented; (ii) that it does not infringe upon the copyright or any Intellectual Property Rights of any third party; (iii) that all the elements of which his/her submissions are formed, as well as all pieces of contributions and information communicated in the submission presentation documents are accurate, reliable and complete; and (iv) that the submission of the relevant Deliverables does not constitute an act of unfair competition of any kind.
It is compulsory for Participants to indicate the source of any pre-existing Creations of whichever nature and on whichever support that are included in any submitted deliverable. Any Deliverable involving several Participants constitutes a collaborative work and it should be treated as such in accordance with the applicable regulation in force.
Liability. Sponsor cannot be held liable for any infringement of the above provisions by Participants. Each Participant shall indemnify the Sponsor against any action, claim, opposition and demand from any third party in connection with any Creation in the Deliverables (Intellectual Property Rights included).
By submitting a Deliverable and participating in this Competition, you are not granting the Sponsor any rights to any intellectual property supporting all of part of the Deliverable and the Sponsor makes no claim to ownership of your Deliverable or any intellectual property that it may contain.
- MODIFICATION OF RULES, SUSPENSION AND CANCELLATION OF THE COMPETITION
Update of the Rules. The Sponsor reserves the right to amend these Rules or competition timelines at any time, including the Competition duration in case of operational imperatives, which will be conveyed to Participants.
Participants are encouraged to consult these Rules regularly. Participants expressly waive all claims or disputes related to any amendment to these Rules by the Sponsor.
Should any paragraph of these Rules be declared or judged illegal, unenforceable or void by a court decision, the paragraph in question will be considered null and void, but all other unaffected paragraphs will be enforced within the limits of the law.
- LIMITATION OF LIABILITY
The Sponsor will in no way be held liable in the event of breakdown or failure, regardless of the cause, of any telecommunications network used that causes Participants difficulty in or prevents Participants from identifying themselves on or gaining access to the Competition website.
Participants agree that company, its affiliates and all of their respective officers, directors, employees, contractors, representatives and agents (“released parties”) will have no liability whatsoever for, and will be released and held harmless by participants for any claims, liabilities, or causes of action of any kind or nature for any injury, loss or damages of any kind including direct, indirect, incidental, consequential or punitive damages to persons, including without limitation disability or death. Without limiting the foregoing, everything on the Competition website and in connection with the Competition is provided “as is” without warranty of any kind, either express or implied, including but not limited to, the implied warranties of merchantability, fitness for a particular purpose, and non-infringement. Some jurisdictions may not allow the limitations or exclusion of liability for incidental or consequential damages or exclusion of implied warranties, in which case such limitation or exclusion shall apply only to the extent permitted by the law in the relevant jurisdiction.
Participation in the Competition implies acknowledgement and acceptance of the characteristics, limits and risks of the internet and related technologies, particularly with regards to performance, response time, the security of software and computer equipment against various potential attacks, such as viruses, logic bombs or Trojans, and loss or misuse of data. As a result, the Sponsor will not be held liable in any way for any damage incurred by Participants arising from these characteristics, limits and risks, which Participants accept by registering and taking part in the Competition.
The Sponsor will not in any case be held liable for damages resulting from faults with or delays in the submission of deliverables by Participants, including refusal to accept these deliverables as a consequence of their submission outside the deadlines set out in the Rules, from faults with or delays to the sending of any emails by the Participant sent as part of the Competition, or from any alterations made to the deliverables independently of the Sponsor.
The Sponsor will not, in any case, be held liable for damages resulting from services provided by a third-party relating to the prizes.
The Sponsor will not be held liable for the consequences of a Participant’s disqualification from the Competition as a result of their violation of these Rules.
- PERSONAL DATA PROTECTION
Participation in the Competition requires the communication of the Participant's personal data ("Personal Data").
Participant’s personal data is subject to processing within the meaning of the regulations on the protection of personal data (The EU 2016/679 General Data Protection Regulation and the Council of 27 April 2016, known as GDPR ; or the Personal Data Protection Act, known as the PDPA) for which the Sponsor defines the purposes and means and is, as such, “Data controller” within the meaning of the GDPR.
The purposes of the processing are:
- To meet the organization of the Competition needs
- To organize the intermediation between the Participant and the Sponsor, to ensure identification, communication and preservation of the exchanges with the Participant
In accordance with the provisions of the GDPR and/or the PDPA, the Sponsor undertakes to implement organizational and technical security measures in order to protect all Participant’s Personal Data. The Sponsor undertakes these measures to allow the exercise of Participants’ rights pursuant to the GDPR and/or the PDPA.
- CLAIMS
Any questions or claims by the Participants arising from the Competition should be addressed no later than thirty (30) days following the Competition end date to quynh@agorize.com. All claims must include: (i) the Participant’s complete contact details (name, address, email address and phone); (ii) the name of the Competition; and (iii) a clear and detailed explanation for the claim.
- MEDIA USAGE
- LIABILITY
1. Whilst reasonable precaution will be taken by the Organiser and the Competition Partners to ensure safety of all the Participants, each Participant acknowledges and agrees that his or her participation in the Competition is at his or her own risk. Upon registration for the Competition, the Participant agrees to defend, indemnify and hold harmless the Organiser, its subsidiaries/associated companies and the Competition Partners, including their respective officers, employees, contractors and agents, from and against any and all claims, causes of action, damages, obligations, losses (including any loss of opportunity), liabilities (including negligence), personal injuries, costs or debt, and expenses (including attorneys’ fees and costs) and all amounts paid in settlement arising from or relating to, whether directly or indirectly, special or consequential, to the Participant’s participation in the Competition. The Organiser and/or the Competition Partners may assume the exclusive defense and control of any matter for which Participants have agreed to indemnify the Organiser and the Competition Partners. Participants agree to assist and cooperate with the Organiser and the Competition Partners in the defense or settlement of any such matters.
2. Each Participant is required to take all appropriate safety measures including obtaining appropriate insurance coverage (if necessary) when designing and developing the prototype and conducting the prototype trials.
- APPLICABLE LAW AND DISPUTES RESOLUTION
The Competition and any action related thereto shall be governed by the law applicable in Singapore.
In the event of a dispute, the Sponsor and the Participant undertake to submit their dispute to an amicable conciliation prior to any legal proceedings. The party wishing to initiate conciliation shall inform the other party by means of a registered letter with acknowledgement of receipt in which it will inform of its intentions and will explain the cause. If no agreement is reached between the parties within thirty (30) days after receipt of the registered letter, the parties are at liberty to initiate a claim in court.
In case of persistent disagreement on the application or interpretation of the Rules, and in the absence of an amicable settlement, any dispute that may arise between the parties, will be subject to the exclusive jurisdiction of the Singapore courts to which the parties expressly grant jurisdiction, even in the case of multiple defendants, in summary, proceedings, appeal by guarantee or by motion.