Common use of Acknowledgment of Understanding Clause in Contracts

Acknowledgment of Understanding. The undersigned Participant and Parent/Guardian acknowledge and agree that they have read this Agreement, fully understand its terms and agree that they are freely and voluntarily signing this Agreement. Participant and Parent/Guardian further understand and agree that Participant and Parent/Guardian for themselves and on behalf of the Participant: (a) are consenting to Participant’s participation in the Academy; (b) understand that all risks in any way relating to the Participant’s participation in the Academy are expressly assumed; (c) are giving up rights, including the right to compensation for injury resulting from the Participant’s participation in the Academy; and (d) are providing a complete and unconditional advance waiver and release of all liability to the greatest extent allowed by law.