THE GOLDMAN SACHS Engineering Engage 2021 Hackathon
By participating in the Goldman Sachs Engineering Engage 2021 Hackathon (the "Competition", or “GS ENGage 2021”) you (the “entrant” or “participant”) will be deemed to have accepted the following terms and conditions.
1. INTRODUCTION
1.1. The Competition is being run and administered by Goldman Sachs (Singapore) Pte. 1 Raffles Link #07-01 Singapore 039393.
1.2. The Competition is open to participants who meet all of the following criteria:
(a) are physically located in Singapore;
(b) are not an employee of Goldman Sachs, or any of its subsidiaries, or an immediate family member of any such employee.
1.3. The Competition is over three sessions and each session have strict deadlines defined. Entries received outside of the provided period will not be eligible for evaluation.
2. ENTRY TO THE COMPETITION
2.1. To enter the Competition, you would be required to visit provided urls ("Website") for different sessions and submit the responses ("Responses") to the questions within the provided deadline. Responses must be submitted directly to the Website (Hackolosseum system managed by APIXPlatform).
3. THE WINNERS
3.1. A selected panel of Engineers from Goldman Sachs (the “Engineering Experts”, or “Engineering Mentors”) will give scores for each entry at the end of each session. At the end of the three sessions i.e. overall competition, the Goldman Sachs Engineering Experts will review all Responses submitted in Singapore and identify 8 winners. based on tailored criteria that are defined for different business problem statements:
(a) Each individual business problem statement would have a winner and a runner up decided at the end of the three sessions.
(b) It would be at the discretion of Goldman Sachs Engineering Experts on how to resolve winners, if any conflict arises because of above mentioned rules. Team would review submissions and consider scores for making any decisions.
3.2. Winners will be contacted by End-February 2022.
4. COMPETITION PRIZES
4.1. The winner of each respective business problem statement will receive cash prize of S$6,000.
4.2. The runner up of each respective business problem statement will receive cash prize of S$4,000.
4.3. None of the Prizes may be transferred, substituted or exchanged.
4.4. The Winners will be invited to the Goldman Sachs office in Singapore if government and Goldman Sachs Company policy allowed, where they will be presented with the prizes. Otherwise cash prizes will be delivered to them.
5. CONDITIONS RELATING TO ENTRY
5.1. Each entrant may only enter the Competition once in each business problem during the Competition Period. Any entrant who submits multiple Responses (for the same business problem) will be disqualified.
5.2. Goldman Sachs reserves the right, at any time, to verify the eligibility of any entrant and to exclude anyone who it believes to have acted in breach of these terms and conditions.
5.3. Goldman Sachs will not be responsible for any attempt to participate in the Competition which is unsuccessful or incomplete for any reason, including as a consequence of communication or network failures.
5.4. By submitting a Response, each entrant:
(a) consents to their name and image appearing on the Goldman Sachs' website and in promotional materials in respect of the Competition. The entrant hereby grants to Goldman Sachs the absolute right and permission (1) to film, videotape, photograph and/or record footage (including images, sound, and, when relevant, presentation materials and Responses) of the entrant (collectively, the “Materials”) and (2) to reproduce, display, exhibit, publish, transmit, edit, distribute, broadcast and/or otherwise use the Materials (including any still photographs and voice clips produced from footage) and the entrant’s name, image, likeness, voice and recorded performance as embodied in the Materials and their biographical information (collectively, “Likeness”) in connection with Goldman Sachs and its programs, products, activities, and services for the purposes of discussion, advertising, education, promotion, and trade in any media, currently known or hereafter developed, throughout the world in perpetuity. The entrant waives all so called moral rights, the right of publicity, the right of privacy, and all analogous/similar rights throughout the world in respect of the Materials and permitted use of my Likeness, to the greatest extent permissible under law. The entrant further waives any inspection or approval of the Materials, and the use to which the Materials and their Likeness may be applied, and the entrant releases Goldman Sachs from any liability for any permitted use of the Materials and their Likeness, and/or for any use by third parties who access/use the Materials and their Likeness without Goldman Sachs’ permission, or for any claim of alteration, optical illusion or faulty mechanical reproduction and likewise with respect to any distortion or illusion in sound reproduction.;
(b) warrants the response is and will be Participant’s own original work and does not and will not infringe the intellectual property or proprietary rights of any third party, including, without limitation, any third party patents, copyrights or trademarks;
(c) warrants the Response does not violate any agreement or obligation to any invention assignment, proprietary information, confidentiality, non-solicitation, noncompetition or similar agreement with any employer or other person;
(d) hereby agrees not to instigate, support, maintain or authorize any action, claim or lawsuit against the Sponsor, or any other person, on the grounds that any use of a Participant’s Entry, infringes any of Participant’s rights as creator of the Entry, including, without limitation, trademark rights, copyrights and moral rights or “droit moral.”;
(e) acknowledges and agrees that Goldman Sachs or other Participants or third parties may have developed or commissioned works which are similar to the Entry of Participant or Participant’s team, or may develop something similar in the future, and each Participant waives any claims that Participant may have resulting from any similarities to the Entry of Participant or Participant’s team;
(f) understands that nothing herein shall constitute an employment, joint venture, or partnership relationship between Participant and Goldman Sachs;
(g) affirms that the entrant’s participation in the Competition is solely on voluntary basis;
(h) undertakes that the entrant shall not, directly or indirectly, orally or in writing, whether in public or in private, whether online (including through any social media, such as Facebook or the like; any blog; any “app”; any phone, tablet, iPhone, iPad, Blackberry, computer, laptop or other device or application; or otherwise) or in any other manner: (a) make or publish any statements that disparage or defame Goldman Sachs or any of its personnel, (b) make or publish any statements that appear to be on behalf of Goldman Sachs or any of its personnel, (c) use any of Goldman Sachs’ name, logos, trademarks, graphics, or trade names, or (d) share any information about Goldman Sachs or any of its clients or personnel with any reporter, author, producer, director, or blogger, or otherwise make (or assist in making) any such information available to the public; and
(i) affirms that they are of lawful age and legally competent to agree to these terms. The entrant understands the terms herein are contractual and not a mere recital If under the age of 18, the entrant affirms that their parent or legal guardian also has reviewed and agreed to these terms, binding the entrant to the terms of this Agreement and confirming the entrant’s consent to all such terms.
5.5 When visiting Goldman Sachs offices, the entrant shall comply with all rules that apply to guests of Goldman Sachs’ offices, including all security rules and procedures.
5.6 The entrant acknowledges that by being present in Goldman Sachs’ offices, the entrant may overhear or otherwise learn confidential information relating to Goldman Sachs or its business, its clients, or its personnel, including information relating to actual or potential investments or trades; actual or potential transactions; formulas; computer materials, including source or object codes, data files, computer listings, computer programs, and other computer materials or information; or other information that is not publicly known. The entrant agrees and undertakes to treat all such information as strictly confidential; to not share any such materials or information with anyone else; to not trade any stocks using such information or otherwise use any such materials or information; and to not remove any materials containing confidential information from Goldman Sachs’ offices.
5.7 The entrant agrees not to take any photographs, videos, audio recordings, or other recordings on Goldman Sachs’ property or to publish any such material online or otherwise.
5.8 The entrant agrees that in case of qualification to the further rounds, the entrant may be provided the option to have access to certain data sources provided by third party partners of Goldman Sachs and such may require the entrant to sign up to additional terms imposed by such third party partners to facilitate the access to such data sources provided by them. The entrant agrees to abide by such terms and to use the data sources solely for the purposes of the Competition.
6. LIABILITY
To the maximum extent permitted by applicable law Goldman Sachs excludes liability for any losses, damages and claims incurred by any person in connection with the Competition.
7. GENERAL
7.1. All decisions made by Goldman Sachs in respect of the Competition shall be made in their absolute discretion and shall be final. Goldman Sachs shall be under no obligation to disclose the reasons and grounds for the decisions and no correspondence will be entertained in respect of the same.
7.2. Goldman Sachs reserves the right to amend these terms and conditions or cancel the Competition at any time if circumstances beyond its control make this unavoidable.
7.3. Each participant will be required to provide personal information (including his/her name, email and postal address) when submitting an application and Response. Any personal data submitted to Goldman Sachs in connection with the Competition will be used to administer the Competition. In doing so, the personal data of each participant may be shared with Goldman Sachs' subsidiaries, entities hosting or processing such data for Goldman Sachs, and/or with Goldman Sachs' service providers, contractors and subcontractors.
7.4. Where a participant provides the required consent, Goldman Sachs will also use personal data collected through the Competition to contact participants with information about products, services, other promotions and information which may be of interest. For further details of what data is collected and how this data is used please see the Goldman Sachs privacy policy (available at http://www.goldmansachs.com/privacy-and-security/).
7.5 In case of any dispute, the parties hereby submit to the exclusive jurisdiction of the courts of Singapore. These terms are governed by the laws of Singapore.
