INTELLECTUAL PROPERTY RIGHTS/ LICENSES/PUBLICITY RIGHTS
ENTRANTS DO NOT RECEIVE BY WAY OF OR UNDER THE CHALLENGE ANY INTELLECTUAL PROPERTY RIGHTS IN ANY COPYRIGHTS, PATENTS, TRADEMARKS, TRADE NAMES, TECHNOLOGY, TRADE SECRETS, OR KNOW-HOW OF THE SPONSOR OR ANY THIRD PARTY.
All Entrants warrant and represent that all design ideas and applications submitted are entirely original, have not previously won any awards, and that Entrant is the owner of all interests in and rights to such designs. By submitting an Entry to this Challenge, all Entrants further represent that there is no third party of any kind, whether an academic institution, commercial company, individual, or governmental legal entity which has any proprietary or other interest in, claims or rights to, any intellectual property rights, including trade secret, copyright, patent, trademark or trade name, in any design ideas submitted under the Challenge. All Entrants further warrant and represent that their Entries do not contain any confidential or proprietary information belonging to any third parties. Any Entry which Sponsor, in its sole discretion, believes does not comply with these requirements may be disqualified.
By submitting an Entry to this Challenge, all Entrants agree, represent and guarantee that there are no obligations of any nature, legal or otherwise, which would prohibit, restrict, or interfere with their participation in the Challenge or submission of their Entry. All Entrants agree to obtain any necessary clearances, authorizations and/or approvals from any necessary third party participation in all Challenge activities and any such approvals which are required as a condition of participation.
No confidential relationship is established between the Sponsor and the Entrant as a result of entering this Challenge. None of the information submitted by the Entrants will be treated by the Sponsor as trade secrets, confidential information, or as protected data under any obligation.
All Entrants agree to be bound by the Challenge requirements for licensing of non-exclusive rights. Ownership of the design ideas (hereinafter “ Designs ”) shall remain with the Entrants. In consideration of the opportunity to compete for prizes, receive publicity, and increase one’s understanding of GE Digital products (which each Entrant acknowledges as full and adequate consideration), each Entrant hereby grants GE Digital a non-exclusive, worldwide, perpetual, irrevocable and royalty-free license to use the Designs in, or as part of, GE Digital products, to implement the Designs using GE Digital products, to modify the Designs for such uses, and to publish the Designs for such uses by GE Digital or by customers of GE Digital under all applicable intellectual property rights related to the Designs, including but not limited to, patents, trade secrets, copyrights (including all moral and statutory copyrights), and trademarks. To the extent additional documents or actions are required under local law for an effective license to these rights, Title, and interests for commercial purposes, each Entrant agrees to fully cooperate in executing such further documents and in taking such further actions as are necessary. Failure to comply with these requirements or to execute any documents deemed necessary by Sponsor to effectuate these rights may result in forfeiture of the prize.
All Entrants grant the Sponsor the right to publicize their names, likeness, and any biographical or other information provided on the entry form or their Entry in whatever manner without reservation or compensation. Entries and Design submissions may be published in Sponsor or third party publications without any additional compensation to Entrants.
By entering this Promotion, Entrants agree to receive newsletters, updates, and/or other communications periodically from Sponsor. Entrants may opt-out of receiving communications by unsubscribing in the manner indicated in such communications. This Promotion is subject to Sponsor’s Privacy Policy, as it may be amended from Time to Time, available at www.GE.com. By entering this Promotion, Entrants acknowledge that any content or information posted on a website may become public.
