Black History Month Small Business Bundle

Contest Run Dates:
February 1, 2021, 4:00 p.m. MDT - February 26, 2021, 5:00 p.m. MDT

1. Binding Agreement

a. By participating in this contest, you agree to be bound by these rules (“Official Rules”) in addition to the rules of the corresponding social media platform(s).

2. No Purchase Necessary

a. NO PURCHASE IS NECESSARY TO ENTER THE CONTEST. A PURCHASE WILL NOT INCREASE YOUR ODDS OF WINNING. ALL FEDERAL, STATE, LOCAL, AND MUNICIPAL LAWS AND REGULATIONS APPLY. VOID WHERE PROHIBITED.

3. Sponsor

a. Altabank, 33 East Main St. American Fork, UT 84003, referred to herein as “Bank”.

4. Term and Agreement

a. Term. Entry into the above-described Contest starts February 1 at 4:00 p.m. Mountain Daylight Time and ends on February 26 at 5:00 p.m. Mountain Daylight Time. The Bank’s computer is the official time-keeping device for the Contest. All entries must be received by the ending date and time to be eligible.

b. Agreement. Information on how to enter and prizes form part of these Official Rules. By submitting an entry, each entrant agrees to the Official Rules and warrants that his or her entry complies with all requirements set out in the Official Rules.

5. Eligibility

a. In order to be eligible, the nominated contestant must be a Black-owned small business headquartered within Utah or Idaho. A company may be considered as a Black-owned business if at least one of multiple owners identifies as African American or Black.

b. For purposes of this contest, “small business” is defined as a company with less than $500,000.00 in annual revenue or a business with less than 10 employees.

c. Eligible participants must be at least 18 years of age and must be a lawful permanent resident of the United States and a legal resident of Utah or Idaho. Contest void where prohibited by law. This Contest is void outside of Utah and Idaho. Employees of the Bank, officials, and members of their immediate families residing at the same address, are not eligible to participate in the contest. By entering this contest, entrants accept and agree to be bound by these Official Rules and the decisions of the Bank.

6. Entries

a. To enter, contestants must fit all eligibility requirements. Contestants may be nominated by another person or entity or they may nominate themselves. All nominations must be submitted via a secure Google Form that is owned and operated by the Bank. When completing a nomination form, all required fields must be completed including the nominee’s business name, website, and reason for nomination. All nominations must be received by 11:59 p.m. Mountain Daylight Time on February 7, 2021 in order to be eligible for voting.

b. No purchase is required to be nominated. No account is required to be nominated. Nominations may be made by Bank customers or customers outside the Bank. All nominations are anonymous.

c. Only one entry is allowed per person in this Contest. Multiple nominations of the same person or entity will act as a single entry.

7. Voting & Engagement

a. Beginning February 8, 2021, all nominees will be listed on a landing page shared on the Bank’s Facebook and Instagram pages. Nominees may share a link to the landing page on their own Facebook and/or Instagram page(s) and tag @altabankusa. People may visit the landing page and vote for their top choice out of the nominees listed.

b. Voting. Votes are counted based on valid email address. Any personal or business email address may vote once per/day during the nomination periods.

c. Top Five Nominations. The top five nominees will be determined by the number of votes for his/her business.

d. Engagement. The contest winner will be determined by the amount of engagement his or her business receives.  For purposes of this contest, engagement is determined by the total number of votes.

8. Publicity Release

a. Consent to Publicity and Release. By submitting a photograph through an Instagram, Facebook direct message, or other means, the entrant consents to permit the Bank to utilize his/her name and picture in promotional and other Bank materials, without additional compensation or permission, except where prohibited by law.

9. Representations, Warranties, License Grant, and Indemnity

a. Representations and Warranties. With respect to any material you submit in relation to this contest, including, but not limited to, photos, videos, text, or any other material, YOU REPRESENT AND WARRANT:

i. That you own all proprietary rights in and to the material submitted;

ii. That you have the right to grant an irrevocable worldwide license to the Bank to use the material for any purpose the Bank deems desirable including, without limitation, marketing purposes; and

iii. That your submission of such materials does not, nor will it, infringe upon the intellectual property rights of any other person, entity, or other organization.

b. License Grant. For any material you submit to the Bank in response and relation to this contest, you hereby grant the Bank a non-exclusive, irrevocable, worldwide license to:

i. Use such material(s) for any purpose, including, but not limited to, marketing; and

ii. Reproduce, modify, distribute, publicly perform, and publicly display the material.

c. Indemnity. By submitting any material to the Bank, you agree to indemnify and hold the Bank, its directors, officers, employees, shareholders, customers, and agents (the “Indemnified Parties”) harmless from and against all liabilities, losses, damages, penalties, actions, judgments, costs, expenses, or disbursements of any kind or nature that may be imposed on, incurred by, or asserted against the Indemnified Parties in any way relating to or arising out of the materials you have submitted, such as, but not limited to, copyright infringement, misappropriation, public disclosure of private facts, or intrusion.

10. Contest Prizes

a. Description. One Prize Winner will receive a $500 cashier’s check made out to their business, as well as one Altabank-branded duffle bag, one-to-two Altabank-branded t-shirts, and up to five Altabank-branded pens. . The Prize Winner will have met the requirements set in the Contest rules including a nomination to enter the contest, listed as one of the top five nominees, and receiving the most engagement as defined in section 7.  No cash or other prize substitution is permitted except at the Bank’s discretion. The right to receive a Prize is non-transferable, non-assignable, and non-exchangeable.

b. Odds of Winning. Odds of winning are based upon the number of eligible participants in the contest and the amount of engagement received on each eligible participant’s post.

11. Selection of Winners

a. Selection of Winners. One winner will be selected from the Final Five after the submission period is closed on February 26, 2021, 5:00 p.m. MDT. The winner will be announced on Monday, March 1, 2021.

b. In Case of Tie. In case of a scenario where two or more entrants receive the same engagement number, a tiebreaker will occur. The tiebreaker will be determined by engagement on two Original Posts, created by @altabankusa, launched Saturday, February 27, 2021, 9 a.m. MDT to Sunday, February 28, 11:59 p.m. The Prize Winner would be the post with the most engagement between the final two Original Posts.

12. Notification of Winners

a. The Winner will be notified on or after February 27, 2021. If the Prize Winner cannot be contacted within three (3) days of attempted first notification, he or she will forfeit the prize and the prize will be given to the entrant in second place. If the Prize Winner is not able or willing for whatever reason to accept his or her prize, then the Bank reserves the right to award the prize to another entrant.

13. Liability

a. General Liability Rules. The Bank is not responsible for any loss that may occur in connection with the Contest. Each entrant agrees to hold the Bank harmless from any liability arising from participation in the Contest or the acceptance, receipt, possession, or misuse of the Prize. The Bank and each of its officers, directors, employees, customers and representatives and agents are not responsible for any negligence, claims, liability, injury, property loss, or other damages of entrants and/or Prize Winner arising from, or in connection with acceptance, receipt, possession, or use/misuse of prizes awarded in or participation in the Contest.

b. Liability for Error/ Corruption. The Bank is not responsible for any problems with your entry, including incomplete, late or misdirected entries. If there is any suspected evidence of tampering or interference associated with the Contest beyond the reasonable control of the Bank and their affiliates which corrupts or impairs the administration, security or fairness of the Contest, the Bank reserves the right to disqualify any entrant deemed responsible for such corruption, suspend and/or terminate the Contest and select a Prize Winner from the entries received up to the time of such termination or suspension.

14. Prize Non-Transferable, Non-Assignable, and Non-Exchangeable

a. No cash or other prize substitution permitted except at the Bank’s discretion. The right to receive a Prize is non-transferable, non-assignable, and non-exchangeable. The prize cannot be substituted or converted to cash by the Winner.

15. List of Winners

a. For the name of Prize Winner or a set of these Official Rules, please send a self-addressed stamped envelope to Altabank, Att. Marketing Department - List and Rules Statements, 33 E Main St, American Fork, UT 84003.

16. Right to Cancel or Suspend Contest

a. If for any reason the Contest is not capable of running as planned, due to tampering, unauthorized intervention, fraud, technical failures, or any other causes beyond the reasonable control of the Bank that corrupt or affect the administration, security, fairness, integrity, or proper conduct of this Contest, the Bank reserves the right, at its sole discretion, to cancel, terminate, modify, or suspend the Contest. In such an event, no prizes will be awarded.

17. Tax Issues

a. The Bank will report all Prize winnings to the appropriate state and federal agencies as required by applicable law. Prize Winners are responsible for all tax consequences (if any) of the prize.

18. Choice of Law

a. All issues and questions concerning the construction, validity, interpretation, and enforceability of these Official Rules, or the rights and obligations of entrants and the Bank in connection with the Contest, shall be governed by, and construed in accordance with, the substantive laws of the State of Utah, USA, without regard to choice of law rules.

19. Severability

a. If any provision(s) of these Official Rules is held to be invalid or unenforceable, all remaining provisions hereof will remain in full force and effect.

20. Privacy Notice

a. By participating in this Contest, you agree that we can collect your personal information, and that if we cannot collect the required data, you may not be eligible to participate in the Contest. Any personal information collected during the course of the contest by the Bank will only be used for administering this Contest and for other purposes as outlined in these Official Rules, and will be subject to the practices described in the Bank’s Privacy Policy.