CONTEST
Competed$20,000
This contest is closed.
1. ELIGIBILITY
This Patexia Contest (the “Contest”) is offered by Patexia Inc. (“Patexia”) to those who are the age of majority at the time of entry. By entering, you agree to these “Official Rules.” Users located in the following countries may enter the Contest and be selected as a winner but will not receive a prize: Angola, the Balkans, Belarus, Burma, Cote d’Ivoire, Cuba, Democratic Republic of the Congo, Iran, Iraq, Lebanon, Liberia, Libya, North Korea, Sierra Leone, Somalia, Sudan, Syria, and Zimbabwe as well as any other countries identified by Office of Foreign Asset Controls (“OFAC”) and as updated by OFAC from time to time. The decisions of Patexia are final and binding in all respects. Void where prohibited by law. Contest is subject to all federal, state and local laws and regulations and shall be governed by California law.
2. CONTEST PERIOD
Patexia may have multiple contests running simultaneously. The beginning and end time for each of Patexia’s contests (“Contest Period”) is shown in the “Contest Details” for each contest.
3. ENTRY AND VOTING
There is no purchase necessary to enter the Contest. However, all Contest entrants must be registered members of Patexia at the time of submission, accept Patexia’s Terms of Service and Privacy Policy, and remain registered members during the entire Contest Period. You may submit only one entry (“Submission”) for each Contest. Contest entrants may not enter with multiple emails or identities.
4. RIGHTS TO SUBMITTED CONTENT
Grant of license: By submitting an entry to the Contest, you grant Patexia, its successors-in-interest, subsidiaries, and parent companies, a worldwide, perpetual, irrevocable, transferable, non-exclusive, sub-licensable right and license to, in whole or in part, with or without attribution to you, evaluate, use, copy, modify, edit, adapt, publish, publicly display/perform, translate, create derivative works from and/or license and/or distribute, in any media now known or hereafter created, execute investment, trading or any other market transactions or strategies based thereon, disclose to third party all or any portion of, content in the Contest entry (“Submitted Content”). Patexia’s rights to Submitted Content include the right to use it for our own internal business purposes; and/or to reproduce and distribute the materials for Patexia’s marketing and publicity purposes.
Assignment of Copyright: You agree that, if chosen as a Contest winner, you will and hereby do, upon Patexia’s tender of the Contest Prize to you, irrevocably grant, assign and transfer to Patexia the entire copyright in and to your Submitted Content, which includes, without limitation, the worldwide, perpetual, irrevocable, transferable, exclusive, and sub-licensable right and license to, in whole or in part, with or without attribution to you, use, copy, modify, edit, adapt, disclose, publish, publicly display/perform, translate, combine with other work, create derivative works from and/or license and/or distribute, in any media now known or hereafter created, your Submitted Content. You also agree that, if chosen as a Contest winner, you will execute, sign and deliver any documents necessary to confirm transfer of the ownership of the copyright in and to your Submitted Content to Patexia, upon Patexia’s reasonable request.
You represent that: all statements you assert in your Submitted Content as fact are factual. Your Submitted Content is based on publicly available information, except where you add your own conclusions or analysis. You have no legal, ethical, or contractual obligation NOT to disclose the material in your Submitted Content and have the right to grant the rights in this Section 4 of these Official Rules . Your Submitted Content does not violate any U.S. federal, state or local law, rule or regulation or, if you are located outside the U.,S,. any regulation of the country in which you are located. Your participation in the Contest and representations regarding Submitted Content are subject to Patexia’s Terms of Service and Privacy Policy. You agree to not directly or indirectly disclose, sell, assign or transfer all or any part of the Submitted Content to any third person or otherwise use the Submitted Content for any other purpose.
Further information or assistance: You agree to provide Patexia with any additional information, clarification or assistance required in relation to your Submitted Content.
5. CONFIDENTIAL INFORMATION
Do not post confidential information related to any invention or technology on this Site. You agree to only post information on this Site that is acceptable for publication in a public forum and that all postings of information in regards to invention or technology on this Site are non-confidential.
6. NON-DISCLOSURE TERMS
By virtue of this agreement, you agree not to disclose any information about this contest, your submission and collective references you include with your submission to any third party without prior written approval of Patexia.
7. WINNER SELECTION
Contest winners will be selected in accordance with the “Submission Notes” for each contest. Patexia reserves the right to decide how the Contest Prize will be distributed in case multiple Contest Submissions are the same as or similarly qualified to the winning Submission. Patexia reserves the right to not accept any Submission that is not relevant to the topic of the Contest. Such a Submission is not entitled to any part of the Contest Prize.
8. PRIZES
Contest Prizes will be awarded in accordance with the “Contest Details” for each Contest. All Contest winners are subject to verification. Patexia may conduct an audit of the Contest Submission, and may postpone the announcement of the Contest winners until the conclusion of such audit. All Prizes are expressed in U.S. Dollars. By entering the Contest, you agree that your name and likeness may be used for advertising and promotional purposes, without further consideration, in connection with the Contest or Patexia’s business. Taxes on prizes are the sole responsibility of Contest winners and all payments will be made net of any withholdings or other deductions. You must provide taxpayer identification, payment and other information required by Patexia as a condition to receiving the Prize. If you are a US person, you need to provide W9 form. Non US persons need to provide W8-BEN. Patexia may require additional tax information as necessary in order to remit your payment and your receipt of such payment is conditioned upon compliance with such requests.
9. GENERAL CONDITIONS
Patexia reserves the right, at its sole discretion, to disqualify any individual it finds, in its sole discretion, to be tampering with the operation of the Contest, providing irrelevant responses, using the platform for personal or business promotions, or to be in violation of Patexia’s Terms of Service or Privacy Policy. If for any reason this Contest is not capable of being conducted as planned, Patexia reserves the right to cancel, terminate, modify or suspend the Contest. If the Contest is terminated or postponed, notice will be posted on the Site.
10. LIMITATIONS OF LIABILITY
PATEXIA IS NOT RESPONSIBLE FOR LATE, LOST, ILLEGIBLE, OR MISDIRECTED ENTRIES ON ACCOUNT OF TECHNICAL PROBLEMS, HUMAN ERROR, OR ANY COMBINATION THEREOF. IN NO EVENT WILL PATEXIA, ITS DISTRIBUTORS, AFFILIATES, SUBSIDIARIES, VENDORS, ADVERTISING AGENCIES, PROMOTION AGENCIES, DIRECTORS, OFFICERS, EMPLOYEES, REPRESENTATIVES OR AGENTS BE RESPONSIBLE OR LIABLE FOR ANY DAMAGES OR LOSSES OF ANY KIND, INCLUDING DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES ARISING OUT OF YOUR PARTICIPATION IN THE CONTEST. WITHOUT LIMITING THE FOREGOING, EVERYTHING IN THE CONTEST IS PROVIDED “AS IS,” WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED, TO THE FULLEST EXTENT ALLOWED BY YOUR JURISDICTION. IN ALL EVENTS, THE SOLE MAXIMUM LIABILITY OF PATEXIA AND ITS AFFILIATES SHALL BE LIMITED TO THE VALUE OF THE CONTEST PRIZES.
11. ARBITRATION AND DISPUTES
As a condition of participating in this Contest, you agree that any and all disputes, arising out of or relating to the Contest, shall be resolved individually, and you expressly waive the right to bring any form of class action. All disputes concerning the construction, validity, interpretation and enforceability of these Official Rules, shall be governed by, and construed in accordance with, the laws of the State of California, without giving effect to the conflict of laws rules thereof, and you agree to the exclusive jurisdiction and exclusive venue of the federal, state and local courts in Los Angeles County, California for any disputes.
12. WINNERS LIST
The names of the Contest winners may, at the sole discretion of Patexia, be posted on the Site.