Versant Ventures has no obligation to protect or preserve the information contained within a submitted business plan. In the absence of a definitive agreement executed by Versant Ventures, no legal obligation of any kind or nature is created by the submission of a business plan. Accordingly, please act carefully in deciding to include any sensitive or confidential information in your business plan as Versant Ventures will have no obligation to maintain the confidentiality of the information and will be under no restriction with respect to such information.