Reglas de la Competición para Premios Monetarios

Last updated: 27 February 2023

Part A — General Rules

Our mission is to provide the best possible environment for our users to enjoy Stereo with friends, thus we came up with a contest with the following rules. Capitalised terms in these Contest Rules that are not defined elsewhere have the same meaning given to them in the Terms of Service (www.stereo.com/terms).

1. The promoter, Stereo App Limited of 1 Dover Place 5th Floor, Ashford Commercial Quarter, Ashford, Kent, TN23 1FB, United Kingdom, runs a contest where a certain number of users who are most successful (as defined in the context of the relevant Contest) at meeting certain criteria through their use of Stereo ("Participation Criteria") during a designated participation period (“Contest Period”) are awarded monetary prizes (the "Contest"). Each Contest is separate and has its own start and finish dates, Participation Criteria, number of winners and prizes including as set out in Part B - Contest-Specific Rules. We use the term “you” in these Contest Rules to refer to an eligible participant of a Contest.
2. Each Contest is available only to registered users of the App who are at least the Minimum Age and are located and residing in certain qualifying countries (each a “Qualifying Country”) and whose Account App on the app is published in certain specified languages (each a “Qualifying Language”). If no Qualifying Languages and/or Qualifying Countries are specified in relation to a given Contest, the only Qualifying Language will be English, and the only Qualifying Country for that Contest will be the United States.
3. Unless otherwise stated in the Contest-Specific Rules, the Minimum Age for each Contest is the higher of (a) 16 years; and (b) the minimum age required under applicable laws (provided, that parental consent is obtained, if required under applicable laws).
4. Your Account, profile and any content created on Stereo (collectively, “Content”) for the purposes of the Contest will only be eligible for participation in the Contest if it is not simultaneously streamed live on any other platform, app or website, contains no third party content, and complies in full with the Terms.
5. Calculation of each user's performance against the Participation Criteria will not include Content that is deleted, prerecorded or made private and shall be calculated by our App and related software and systems. Our calculations shall be final and binding in all respects.
6. You may enter a Contest in every Contest Period, provided that you meet the Participation Criteria for the particular Contest. We reserve the right to exclude any number of users from being eligible to participate in any number of Contests immediately on written notice (including by email and/or by notification in the App). Participation Criteria may be determined on an invitation-only basis.
7. Each "Contest Period" runs from the start time ("Start Time") to the finish time ("Finish Time") specified in the Contest-Specific Rules for that contest. If no Start Time is specified, the Start Time will be the date on which the Contest is announced. If no Finish Time is specified, the Finish Time will be one calendar month after the Start Time.
8. We reserve the right to stop running any Contest at any time after the completion of any Contest Period. If we decide to stop running a Contest, we will notify users via the App prior to the Start Time of the next Contest Period. In addition, we reserve the right to hold void, suspend, cancel, or amend a Contest or Contest Period where it becomes necessary to do so. If Stereo makes an update to these Contest Rules, Stereo will post the updated Contest Rules on this web page. Continued participation in any Contest after any update will mean that you have agreed to the update. Further terms and conditions set out in Stereo’s Terms of Service (available at www.stereo.com/terms) apply.
9. Any question or dispute between us and one or more individuals regarding the interpretation of these Contest Rules, a user’s eligibility to participate in a Contest, the awarding of a prize, or any other matter relating to any Contest shall be decided by us at our sole discretion.
10. The prizes we award for each Contest, together with any limits on how much a single user can win within a Contest or across all Contests, will be set out here.
11. If two or more winners tie for the same place in a Contest Period, they will split the monetary prizes awarded to their corresponding placements. For example, if two winners tie for first place, they will split the first and second place prizes equally.
12. We will contact potential winners via the App within 7 calendar days of the Finish Time of the relevant Contest Period. Unless we are satisfied at our sole discretion that a potential winner is eligible to win a prize in accordance with these Contest Rules, each potential winner must sign and return an Affidavit of Eligibility within 5 days of receiving it from us to claim their prize. Depending on the winner's location, other reasonable documentation may also be required. In particular, winners in the U.S. may be required to provide a completed I.R.S. Form W-9 to us before receiving any prize money.
13. Once we have received a potential winner’s signed Affidavit of Eligibility (or otherwise confirmed to them in writing that they do not need to sign and return it) and successfully completed our security checks (including checking the potential winner's conversations and listeners), prize money will be transferred to the prize winner's account on the App which the user can withdraw to their bank account. The minimum amount a user can withdraw from the App to his/her bank account at any one time is US$50. The only available withdrawal method is PayPal and PayPal will charge a fee for such withdrawal.
14. The maximum amount you, as a single user can earn as part of a Contest and withdraw is US$10,000. The maximum amount you, as a single user, can earn during your lifetime as part of any and all Stereo Contests is US$20,000. Once you have reached the US$20,000 limit, no further Content, purchases, subscriptions or any other metric will be used towards a Stereo Contest, and you will automatically be withdrawn from any other (current or subsequent) Contests, including Contests for which you have already met the Participation Criteria. The exercise of this clause will not restrict any other functionality or permissions of a user in any other way. This clause will not limit your ability to earn money directly through other activities on the App.
15. If we are unable to contact a potential winner or award them a prize using the means and within the timeframes described in paragraphs 12 and 13, if a potential winner fails to sign and return the Affidavit of Eligibility within 5 days of our provision to them of the Affidavit of Eligibility, or if our security checks fail, the individual may be disqualified from the Contest for that Contest Period and any prize they would otherwise have been eligible to receive will be forfeited.
16. To comply with our obligations, we will send the surname, county/state and country of major prize-winners and their respective Participation Criteria through which they won (e.g. number of listening minutes for the Listening Minutes Contest) to anyone who emails support@stereo.com within 28 days after the Finish Time of the relevant week's Contest. If you object to your surname or location being published or made available, please contact us at support@stereo.com. In such circumstances, we must still provide the information to the UK Advertising Standards Authority and potentially other parties on request as required by applicable law.
17. Winners are responsible for reporting and paying to the relevant tax authority any tax due on prizes awarded to them in accordance with local legal/tax requirements based on their personal circumstances. You acknowledge that we make no representations or undertakings regarding the tax treatment of prizes.
18. The App is only for users aged 13 or over. Every user who we reasonably believe to be below 13 will be removed from the App and their Content permanently deleted. Anybody aged under the Minimum Age is not eligible to participate in any Contest under any circumstances.
19. Employees of Stereo App Limited or its Group, employees of our agents or suppliers who are professionally connected with the App or any Contest or their administration, and the immediate families or households of any of the above are not eligible to participate in any Contest.
20. We reserve all rights to determine whether in our reasonable belief if your Content and/or adherence to the Participation Criteria is legitimate and therefore eligible for participation in a Contest; and to disqualify you if your conduct is contrary to the spirit or intention of any Contest. For example, the following are not permitted and you will be disqualified from participating in all Contests if you engage in any of these practices:
    1. Paying App users to engage with your Content or otherwise compensating or incentivizing users in any way including but not limited to directly compensating users, promising portions of a prize to them or paying or otherwise incentivizing them to engage with Content;
    2. Allowing others to publish content on your Content instead of you;
    3. Spreading misinformation via your Content, or spreading disparaging information on the App about Stereo creators, users and team;
    4. Creating alternate or duplicate accounts on the App and using both to participate in any Contest;
    5. Otherwise failing to comply with these Contest Rules, or the Terms of Service, including in particular but not limited to the Guidelines (https://stereo.com/guidelines).
21. If there is any reason to believe that there has been a breach of the Terms of Service or these Contest Rules, we, at our sole discretion, reserve the right to exclude you from participating in any Contest, including after Winners have been announced. We reserve the right to take all necessary steps, as determined in our sole discretion, to verify your eligibility to participate in any Contest (including after the announcement of the Contest’s Winners), which steps may include requiring you to appear in-person for us to verify that any information you have provided us is true and accurate.
22. We will not accept responsibility for you not being able to enter any Contest whether due to you not being able to publish Content or users not being able to engage with you or any of your Content, regardless of cause, including for example equipment failure; technical malfunction; or systems, satellite, network, server or computer hardware or software failure of any kind.
23. You acknowledge that the third party from whom you received the license for the App or the Services (e.g., the Apple App Store, etc. (or their subsidiaries)) has no involvement in any Contest in any manner.
24. By entering any Contest, you promise to abide by these Contest Rules and our decisions, which will be final and binding in all respects. To the extent permitted by applicable law, we will not be responsible for any injury, damage or loss of any kind arising out of your participation in any Contest and YOU AGREE TO RELEASE, DISCHARGE, AND HOLD HARMLESS US OUR AFFILIATES AND SUBSIDIARIES, AND OUR AND THEIR EMPLOYEES, OFFICERS, DIRECTORS, SERVICE PROVIDERS, AGENTS AND ASSIGNS FROM AND AGAINST ANY OR ALL CLAIMS, LOSSES, INJURIES, OR DAMAGES RESULTING FROM PARTICIPATION IN ANY CONTEST.
25. Any reference to an amount of United States Dollars may be converted by us to any other currency equivalent using the spot rate quoted in the Financial Times, on the date of the relevant conversion, which date shall be determined at our sole discretion.

Part B — Contest-Specific Rules

Contest i — “Fraternities and Sororities”

1. This Contest (the “F&S Contest” or “Fraternities and Sororities Contest”) is open on an invitation-only basis for certain eligible Clubs. The winner of the F&S Contest will be the Club with the most Points.
2. You must be a member of an eligible Club in order to participate, and your participation will be in your capacity as a member of the Club, not in your own right.
3. Eligible Clubs are those who receive invitation from Stereo (from a valid @stereo.com email address) including a unique referral Link for the Contest. If you are eligible to participate in this Contest as a member of a Club, you will be notified via direct message on your Stereo Account and provided with (i) your Club’s referral link (“Link”), and (ii) the name of your club’s nominee (“Nominee”), who will be responsible for collecting the Prize on behalf of all members of the Club.
4. For every new user who registers for a Stereo Account using your Club’s Link and who is based in the United States of America, your Club will receive one point (“Point”). You can share the Link with others as much as you want, as long as you have their permission. For a new user to earn you a Point, they must (i) be aged 16 or over at the time when they download the App, (ii) have downloaded the App from the Link (iii) have previously never registered for an account on the App; (iv) register for an account with the App; and (v) be in full compliance with the Stereo Terms of Service.

5. The prizes (each a “Prize”) for the F&S Contest will be awarded as set out in the table below. All prizes are in US Dollars (USD). For a Club to qualify for a Prize, it must have reached at least 100 points.

   Winner	Prize
   1st place	USD 3500
   2nd place	USD 1000
   3rd place	USD 500

6. The key dates for the Contest are as follows:

   Registration Deadline	27 February 2023
   Start Date	27 February 2023
   Finish Date	15 March 2023

7. In the event that two or more Clubs should have the same number of Points in the Contest Period, the Prizes for their respective position, and the following Prize (if any), will be shared equally between them.
8. By participating in this Contest, you agree that the Nominee is authorised to collect any Prize won by your Club, and waive any right to such prize in your own right.