NO PURCHASE IS NECESSARY TO ENTER OR WIN. ENTRY INTO THE GMAT NEW YEAR’S RESOLUTION Promotion (the “Promotion”) CONSTITUTES ACCEPTANCE OF THESE OFFICIAL RULES. VOID OUTSIDE OF THE EUROPEAN UNION, SWITZERLAND, AND RUSSIA, AND IN BELGIUM, ITALY, POLAND, PORTUGAL, SWEDEN AND WHERE PROHIBITED OR RESTRICTED.

Binding Agreement: These Official Rules (“Rules”) will provide you with the information you need to successfully enter the Promotion. These Rules form a binding contract between the Graduate Management Admission Council® (“GMAC®”) and you, as an entrant into the Promotion.  By entering the Promotion or otherwise participating in the activities on the Promotion Website (as defined below) you agree to be bound by these Rules.  If you breach a provision of these Rules, you will forfeit your entry into the Promotion.  If you have questions, please contact GMAC at customercare@mba.com.

Eligibility: To be eligible to enter this Promotion you must: (i) submit an entry as described below under “How to Enter”; and (ii) be a legal resident of Austria, Bulgaria, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Romania, Slovakia, Slovenia, Spain, Switzerland, Russia, or the UK; (iii) be above the age of majority in the jurisdiction in which you reside at the time of entry; (iv) be studying at a business school within the eligible areas; and (v) have a valid email address and Internet access prior to the start of the Promotion.  Current employees, directors, and officers of GMAC, their affiliates, agents and their immediate families and people living in their household are not eligible to enter the Promotion.  PROMOTION IS VOID OUTSIDE OF THE EUROPEAN UNION, SWITZERLAND, AND RUSSIA, AND IN BELGIUM, ITALY, POLAND, PORTUGAL, SWEDEN AND WHERE PROHIBITED OR RESTRICTED. Subject to all applicable laws and regulations.

Promotion Sponsor: Graduate Management Global Connection UK Private Limited, PO Box 70184, London, WC1A 9HZ, United Kingdom, is the sponsor of the Promotion (“Sponsor” or “GMAC”).

Promotion Term: The Promotion will begin at 12:00.00 am GMT (Greenwich mean time) on November 20, 2017, and end at 11:59.59 pm GMT on December 15, 2017 ("Promotion Term"). You are responsible for knowing the time zone in your location. Sponsor’s computer, or that of its designee, shall serve as the official timekeeping device for the Promotion.

How To Enter: Follow the directions below during the Promotion Term to enter the Promotion:

  1. Visit the Promotion website 
  2. Fill out the entry form with all requested information and in the spaces provided, describe in English in 80 words or less, (i) ‘How can the GMAT exam help you reach your New Year’s resolution?’

(Collectively, “Entry” or “Entries”) LIMIT: ONE (1) ENTRY PER PERSON during the Promotion Term. To be eligible for a prize, the Entry must meet the following requirements:

  1. Written Entries must be 80 words or less in English, clearly written, organized and original and answer the questions that are asked by Sponsor;
  2. Entries must not violate or infringe the rights of others including, without limitation, patent, trademark, trade secret, copyright, publicity, privacy or other proprietary rights (see “Conditions” provision below, for more details);
  3. Entries must be in a format acceptable to GMAC (as applicable);
  4. Entries must not contain any content that Sponsor, in its sole discretion, deems to be objectionable, including any image or concept that is derogatory; unlawful; threatening; abusive; harassing; defamatory; libelous; deceptive; invasive of another's privacy; tortious; offensive or abusive to any race, religion or belief; or contain explicit or graphic descriptions or accounts of, sexual acts; and
  5. Entries must be within the general spirit and guidance of the Promotion.

(Collectively, “Entry Requirements”). Duplicate Entries will be disqualified and will not be entered in the Promotion. Persons may not enter using robotic, programmed or any other automated means of entry. Entries may not contain any content that may be owned by a third party or violate any individual’s rights, including intellectual property rights, publicity rights or privacy rights. Entrant warrants that entrant owns all rights in the content or text that is submitted as part of the Entry. 

In the event of a dispute regarding who submitted an Entry, the Entry will be deemed submitted by the authorized account holder of the email address submitted at the time of entry. “Authorized account holder” is defined as the natural person who is assigned to an email address by an Internet access provider, online service provider or other organization that is responsible for assigning email addresses for the domain associated with the submitted email address. A selected entrant may be required to provide GMAC with proof that he/she is the authorized account holder of the email address associated with the selected entry.  Entries become the property of Sponsor and may not be acknowledged or returned.

Judging: All eligible Entries will be judged by a team of two (2) GMAC employees based upon the judging criteria outlined below:

  1. Communication skills (40%);
  2. Enthusiasm for higher business education (30%); and
  3. Creativity (30%)

There is no random selection of Entries. Potential winners will be selected on the following dates:

Winners 1-8 will be selected on Nov 29th, 2017

Winners 9-17 will be selected on Dec 7th, 2017

Winners 18-25 selected on Dec 15th, 2017

The decisions of the judges will be final in all instances. All rounds of judging will be blind and no judge will be provided with the identity of any entrant during the judging period. In the event of a tie, the tied Entries will be re-submitted to the Judges for a re-judging between the tied Entries alone.  

Prizes: Sponsor will award a total of 25 prizes as described below:

Twenty-five winners will be eligible to receive the GMATPrep® Exam Pack 1. ARV: [$49.99] each.

The aggregate Approximate Retail Value (ARV) of the prizes is $[1,249.75]. The odds of winning depend on the number of eligible entrants and the skill of the entrants. Winner is responsible for any taxes, fees, surcharges, personal expenses and all other expenses not specified herein. Winner acknowledges that GMAC has not made nor is in any manner responsible or liable for any warranty, representation, or guarantee, express or implied, in fact or in law, relative to the prize.

Winner Notification: GMAC will announce one winner daily on Facebook between December 1, 2017 and December 25, 2017, and GMAC will contact the potential prize winners by email within two weeks after the announcement at the email address provided at the time of entry. Each winner will have five (5) business days from notification to claim his or her prize and return an Affidavit of Eligibility, Liability & Publicity Release (“Prize Documents”), as may be required by Sponsor. Return of any prize notification as undeliverable, or the inability of GMAC to contact a potential winner, may result in disqualification and selection of an alternate winner based on the judging criteria described above. GMAC and its affiliates, subsidiaries, employees, agents, officers and directors, advertising and Promotion agencies, and their respective officers, directors, employees and their respective agents will not be liable for unsuccessful efforts to notify a potential winner. After a potential winner completes the required Prize Documents, Prizes will be fulfilled within approximately six weeks of verification. 

If a potential winner declines the prize, fails to claim the prize, is unavailable for prize fulfillment, fails to abide by the Rules, forfeits the prize, or is ineligible, GMAC may, at GMAC’s discretion, select as an alternate potential winner and award the prize to the entrant who submitted the Entry receiving the next highest score based on the judging criteria above.

All decisions on all matters pertaining to the Promotion are final. Winner is responsible for any taxes, fees, surcharges, personal expenses and all other expenses not specified herein. GMAC reserves the right to substitute a prize of equal or greater value. No prize transfer, cash redemption, assignment, or substitution by winner permitted.

Electronic Communications: By submitting your Entry, you agree to communicate for the purpose of this Promotion with Sponsor electronically.  By agreeing to do business electronically, you (i) agree that your act of clicking your consent to these Rules is a binding form of your electronic signature, which you agree binds you to these Rules, (ii) represent that you have Internet access and a valid email address enabling you to access mba.com  and to receive communications and documents electronically, and (iii) represent that you have a printer or other device to print or otherwise save communications and documents including, without limitation, these Rules and that you have, in fact, printed or otherwise saved a copy of these Rules for your records.  This consent is effective unless and until you withdraw it. You may withdraw your consent to electronic communication and delivery of documents, update your contact information, or request a free paper copy of these Rules at any time by contacting us as set forth in these Rules.  We will send you a confirmation notice once we have processed your change request.

License: By entering the Promotion, all entrants grant an irrevocable, perpetual, worldwide non-exclusive license to GMAC, to reproduce, distribute, display, publicly perform and create derivative works of the Entries (along with a name credit) in connection with the Promotion and for the purposes of advertising or promoting Sponsor’s products or services, in any media now or hereafter known. Entrants consent to GMAC doing or omitting to do any act that would otherwise infringe the entrant’s “moral rights” in their Entries. Display or publication of any Entry on Sponsor’s website does not indicate the entrant will be selected as a winner. GMAC will not be required to pay any additional consideration or seek any additional approval in connection with such use.

Limitations on Liability: Except where prohibited, entrants and winners individually and on behalf of their relatives, heirs, assignees, executors, and administrators, hereby permanently, irrevocably and forever waive and release any and all rights, demands, losses, liabilities, claims and causes of action whatsoever which you may now or hereafter be entitled to assert against Sponsor, YouTube, their respective affiliates, parent, and subsidiary companies, employees, agents and officers, advertising, marketing and Promotion agencies, as well as all others associated with the development and execution of the Promotion (collectively, the “Released Parties”), including, but not limited to claims related to any death, injury, loss of enjoyment, damage or harm to any computer or other electrical equipment, or other harm or loss of any nature whatsoever caused by, contributed to, or arising out of the Promotion and/or any prize awarded, any claim or demand for additional compensation or any other claim or demand related to the Promotion or what the Sponsor provides, and forever release and discharge the Released Parties from any and all liability with respect thereto. The Released Parties assume no responsibility for any error, omission, interruption, deletion, defect, or delay in operation or transmission; communications line failure; theft or destruction of or unauthorized access to Promotion Entries or Entry forms; or alteration of Entries or Entry forms, or any registration or winner selection.

Conditions: Participant agrees (a) to be bound by these Rules; (b) to the transfer of participant’s personal information across borders, including its entry to the United States, where GMAC’s parent company and its data processors are located; and (c) that the decisions of GMAC are final on all matters relating to the Promotion.

All Entries become the property of GMAC and will not be acknowledged or returned. Proof of transmission does not constitute proof of entry.  GMAC is not responsible for: (i) lost, late, incomplete, invalid, illegible, or misdirected Entries, which will be disqualified; (ii) for failed, partial or garbled computer transmissions; (iii) for technical failures of any kind, including, but not limited to electronic malfunctioning of any network, hardware or software; or (iv) for any error, human, technical or otherwise.  GMAC reserves the right, in its sole discretion, to disqualify any Entry not in compliance with these Rules.

You acknowledge and agree that GMAC may keep your Entry indefinitely and disclose it for any purpose, to the extent permitted by applicable laws, including but not limited to: (a) comply with legal process; (b) enforce these Rules; (c) respond to claims that any Entry violates the rights of third-parties; (d) contact you for future marketing purposes; or (e) without undertaking a duty to do so, protect the rights, property, or personal safety, of our users and the public.

If you are acting within the scope of your employment, as an employee, contractor, or agent of another party, you warrant that such party has full knowledge of your actions and has consent thereto. You further warrant that your actions do not violate your employer’s or company’s policies and procedures.

Right to Disqualify, Modify, Cancel or Suspend: GMAC reserves the right, in its sole discretion, to disqualify any individual(s) who tampers with the entry process, and/or to cancel, terminate, modify, or suspend the Promotion (or any part thereof) for any reason including but not limited to any government action. GMAC reserves the right to disqualify any Entry from this or any future Promotion if, in its sole discretion, GMAC reasonably believes that any person has attempted to undermine the legitimate operation of GMAC or the website by cheating, deception, or other unfair practices, or has tampered with any of GMAC's websites, the submission process, violates these Rules, or acts in an unsportsmanlike or disruptive manner, or annoys, abuses, threatens, or harasses GMAC, its agents, its assigns or any other participant.

Publicity: Entry into this Promotion constitutes permission for, and consent to, GMAC and its agencies or assigns to use the Entry and the names, country of residence and/or likenesses of any entrant for advertising and promotional purposes, in any media now or hereafter known, without further notice, compensation, consideration, review, or consent, except as prohibited by law.

Governing Law: The Promotion and the rights and obligations of all entrants and Entries shall be governed by and construed in accordance with the laws of the Commonwealth of Virginia, without effect to any principles of conflicts of law, and the federal law of the United States. Should any provision of these Rules be held to be void, invalid, unenforceable, or illegal by a proper legal authority, the validity and enforceability of the other provisions shall not be affected. 

Dispute Resolution: All disputes, claims or demands that relate to these Official Rules will first be brought to the attention of the other party and will be resolved individually, without resort to any form of class action.  The receiving party shall have sixty (60) days from the date of such notice to remedy the described breach or violation and notify the complaining party in writing of the resolution.  If the dispute, claim or demand is not resolved to the satisfaction of the complainant within 60 days, the complainant may request an informal resolution conference (mediation), which if agreed to by the other party will be scheduled to occur within 21 days of the written response.  Each party shall have the right to be represented at such a conference by counsel and will ensure that a decision-maker with full and complete authority to resolve the dispute attends the conference.  Such conference will be in front of a third party mediator chosen by the parties.  If the parties do not agree to conference or are unable to resolve a dispute after such a conference, the parties agree that exclusive jurisdiction for any dispute, claim or demand related in any way to these Official Rules will be decided by binding arbitration.  All disputes between the parties, of whatsoever kind or nature arising out of these Official Rules, shall be submitted to JAMS (http://www.jamsadr.com) for binding arbitration under its rules then in effect, before one arbitrator to be mutually agreed upon by both parties.  The parties agree to share equally in the arbitration costs incurred.

Data Privacy: You have the option to allow GMAC, as the Sponsor of the Promotion, to send you communications about GMAC, the GMAT exam, or GMAC products or services. You will have the ability to opt-out of receiving any such communications in the communications or by contacting customercare@mba.com. Your personal information will be used to fulfill the terms of this Promotion and may therefore be shared with any subcontractor, agent or partner that assists or is otherwise involved in the Promotion or website operation and as specified in GMAC's privacy policy available at http://www.mba.com/privacy. We will be collecting personal information about participant when participant registers for the Promotion. We will use and share this personal information in order to fulfill the requirements of the Promotion. For example, the Sponsor may share this personal information with third parties who are administering the Promotion, as well as to: (a) contact participants and potential award recipients regarding the Promotion; and (b) if a participant selects to receive additional information, to send additional information to that participant. We also may post participant’s personal information (such as, participant’s first name and first initial of participant’s last name, participant’s jurisdiction of residence in public posting areas for the Promotion or which are otherwise associated with the Promotion in order to administer the Promotion or otherwise market or advertise the Promotion. By entering this Promotion and agreeing to these Terms, participant hereby consents to the Sponsor using participant’s personal information in this manner. 

By participating in the Promotion and clicking agree to these terms, participant (i) gives express written permission to the use and storage of participant’s personal information pursuant to these terms; and (ii) is registering to receive electronic communications via e-mail from Sponsor relating to the Promotion, and related products and services of Sponsor. Pursuant to applicable laws pertaining to data collection and processing, participant may have a right of access to, consultation, modification, portability, destruction, and withdrawal of participant’s personal data. Participant may also have the right of opposition to the data collection, under certain circumstances. To exercise such right, participant may write to the Sponsor. The data controller, and the recipient of participant’s personal data, is the Sponsor. participant’s personal data will be stored on servers located in the US and other jurisdictions monitored by the Sponsor. By participating in the Promotion, participant hereby consents to the transfer of their personal information collected from participant to the Sponsor for the purposes of administering the Promotion and for such other purposes to which the participant may consent as outlined herein. All information submitted to Sponsor as part of this Promotion will be treated in accordance with the privacy policy. If you have any questions about the use of your personal information, please contact us at privacy@gmac.com.

Winners List: The first name and first initial of each winner’s last name will be posted on the website mba.com on or about 15 working days after the close of the Promotion. 

CONDITIONS APPLICABLE TO RESIDENTS OF FRANCE AND GERMANY:
FRANCE:  Upon written request, GMAC will refund to the participant the expense of the participant’s Internet connection incurred to enter the Promotion evaluated to the amount of €0.50. Participants will be required to provide proof that expenses were incurred to enter the Promotion. The postage used in this request may also be refunded upon written request to GMAC. 

GERMANY: The statutory liability of GMAC for damages arising out of the participation in the Promotion shall be limited to the amount of damages typically foreseeable at the time of agreeing to these Rules in respect of damages caused by a slightly negligent breach of a material contractual obligation (i.e. a contractual duty the fulfillment of which enables the proper performance of this Promotion, the breach of which endangers the purpose of these Rules and on the fulfillment of which participants in this Promotion regularly rely). GMAC shall not be liable for damages caused by a slightly negligent breach of a non-material contractual obligation. The aforesaid limitation shall also apply to Promotion and advertising agencies of GMAC involved in the Promotion, and all respective officers, directors, employees, representatives and agents of each. The aforesaid limitations of liability shall, however, not apply to liability for assuming a specific guarantee or liability for damages caused by willful or grossly negligent misconduct, or any kind of willfully or negligently caused injuries to life, body or health.