WeWork Growth Campus
Offer and Participation Terms & Conditions
Last Update: September 19, 2023
A.W. Shared Work Spaces Ltd. (“Company”, “we”, “us” or “our”) is the franchise owner and operator of the shared working spaces of WeWork International Limited (“WeWork Global”), in the State of Israel (“Shared Working Spaces”).
Subject to the terms and conditions set forth below (“Terms”), the Company offers Eligible Participants (as defined below) to join and participate in the WeWork Growth Campus (“Program”). Applicants who will be chosen by the Company, and will be found suitable to participate in the Program, will than qualify for a discounted membership subscription fees for Shared Working Spaces as detailed herein.
What is the Program?
The program is a private initiative on behalf of the company, which includes discounted membership fees as well as, from time to time, at the Company’s discretion, access or the opportunity to be provided with professional guidance and content applicable to entrepreneurship, ventures and innovation, as well as access to the Company's members community network (subject to the terms of the Membership Agreement, as defined below), all as may applicable to early stage initiatives, and as detailed in these Terms.
Who Is Eligible to Apply for Participation in the Program?
To be eligible for participation, applicants must meet with all of the following criteria:
1. The applicant is:
A private entrepreneur or freelancer, who is at least 18 years of age; or
A startup (including a company, non-profit organization, venture, association, etc.), active for a period of up to five (5) years, and located or operating in the State of Israel.
2. An applicant who, as of the period of three (3) months prior to the application submission date as well as the actual submissions date, and any time thereafter (throughout the Offer Term and until chosen by the Company as an Eligible Program Participant), does not use any Shared Working Spaces under a membership agreement executed with the Company, (“Membership Agreement”), and does not participate in other programs on behalf of the Company or otherwise any other offers or benefits related to the Shared Working Spaces.
(collectively “Eligible Applicants”).
Applying for Program Participation
Eligible Applicants shall submit their application through the designated online form available at: www.wework.co.il/growth-campus-en (“Application Form”).
The Application Form can be submitted as of May 1st, 2023, at 8:00 AM (Israel time), and no later than March 31, 2024, at 11:59 PM (Israel time) (“Offer Term”). Subject to Company’s sole discretion, through the Offer Term, Company may review certain Application Forms, and choose, from time to time, Eligible Participants. In addition, subject to Company’s sole discretion, the Company may revise the Offer Term (including extending or the Offer Term or otherwise set an earlier final date).
Choosing Eligible Participants
Out of the Eligible Applicants that have submitted an Application Form, the Company may choose one or more participants which at the Company’s sole discretion are suitable to participate in the Program (“Eligible Participants”). The Company does not provide any warranty or obligation related to the time and date of its decision regarding Eligible Participants, nor the number of chosen Eligible Participants or that any such Eligible Participants will be chosen where such decision shall be made according to the criteria and consideration determined only by the Company and at its discretion. In addition, the Company is not obliged to provide any explanation as for the reasons why an Eligible Participants was not chosen or that an Eligible Participant was found as suitable for the Program, and applicants shall not have any claim or demand in this regard. The Company's decision shall be final and cannot be appealed.
The Company shall contact Eligible Participants and may request additional information, including in order to validate any information provided by through the Application Form, at the Company’s discretion. The Company reserve the right to disqualify any Eligible Participant in the event that following receiving such additional information, the Company determines that such Eligible Participant does not qualify as an Eligible Applicant, does not meet the Company’s internal criteria, or engaged in any fraudulent activities or otherwise does not comply with these Terms.
As part of the Program, the Company may offer Eligible Participants up to 50% discount of the monthly membership fees (“Discount”) in consideration for workspaces (which may include private office spaces or work stations), in the Shared Working Spaces locations in Israel, as decided by the Company, and as detailed below (“Offer”).
The workspaces offered are limited to a maximum of twenty (20) seats per each Eligible Participant and up to a total of one hundred (100) seats for the entire Program. The Shared Working Spaces are one or more of the locations operated by the Company in Israel as shall be decided by it from time to time at its sole discretion, and subject to availability, whereby the Company has the sole discretion to increase or decrease the offered seats or type of workspace, at its sole discretion, without notice.
The Discount rate, type of workspace, number of seats and the location of the Shared Working Space, offered to each Eligible Participant, will be determined by the Company at its sole discretion, taking into consideration, among others, the Eligible Participant’s current funding stage, organization size and type, type of business operation, availability and the Eligible Participant’s membership Commitment Term, as agreed under the Membership Agreement.
The Offer is subject to the execution of and compliance with the terms of a Membership Agreement by the Eligible Participant, including the Eligible Participant’s commitment for a minimal membership term of three (3) to six (6) months, as shall be determined by the Company (“Commitment Term”). It is hereby clarified that, due to the limited number of workspaces, the Company may cancel and withdraw any offer made by it the Eligible Participants at any time in the event that prior to execution of a Membership Agreement, such workspaces were already allocated to other Eligible Participants that executed the Membership Agreement.
The Offer, and any part thereof, is non-transferable and cannot be assigned to any third party. In addition, the Program does not have a monetary value, and the Offer cannot be converted, exchanged, redeemed, substituted or replaced with any other benefits or offers, nor combined with any other offers or benefits, and the Eligible Participant will not have any claim regarding its ineligibility for such other benefits, offers or participation in other programs on behalf of the Company, and the Company will not allow for any adjustments or amendments of Membership Agreements or other agreements than in effect with the Company. The Offer is a one-time offer and an Eligible Participants cannot further apply, make use or participate more than once in the Program. Notwithstanding the above, the Company may offer, at its sole discretion, to extend the Commitment Term under the Offer, or make available any additional offers, including as part of the Program.
The Company may, at its sole discretion, at any time, without providing any notice or reasoning, to revise, amend, suspend or cancel the Offer, the Program, the Terms and any part thereof.
The Program and the Offer, and any benefit, service and content provided through the Program, are provided by the Company “as-is” and “as-available” without any representations, warranties or obligation, of any kind, whether express or implied, including, without limitation, fitness for a particular purpose, result, usage or certain level.
In any case of inconsistency between the provisions of these Terms to any other publication regarding the Program and the Offer, the provisions on these Terms will prevail.
For the avoidance of doubt, the participation in and application for the Program is not, and will not be considered as a lottery, as defined under Section 224 of the Israeli Penal Law 5737 (1977), due to the fact that the participants’ selection is not based on chance. These Terms and the Program shall be governed by Section 33 of the Israeli Contracts (General Part) Law, 1973, according to which Eligible Participant’s selection by the Company will not be subject to a court hearing.
Notwithstanding the above, these Terms are governed exclusively by the laws of the state of Israel. Any disputes arising from these Terms shall be resolved exclusively by the competent courts in Tel-Aviv-Jaffa.
עברית | English