RULES AND REGULATIONS
The Bob Moog Foundation is incorporated as a 501(c)(3) nonprofit corporation under the laws of the State of North Carolina for the primary purpose of preserving and honoring the legacy of Bob Moog through science, education and historic preservation. The Bob Moog Foundation Liberation Raffle is conducted for the purpose of generating operating funds.
Contest void where prohibited. Raffle begins at 8 a.m. on March 16, 2015 and ends at 11:59 p.m. on April 20, 2015, or once all 2000 tickets have been sold. All times referenced are Eastern Time.
Purchase one or more raffle tickets during the Raffle and you’ll be entered in a drawing to win a vintage Moog Liberation synthesizer. Raffle tickets are $20 each, $100 for six or $200 for 12. Odds of winning are based on the number of ticket entries purchased, which has been capped at 2000. Must be 18 years of age or older to enter. Employees of the Bob Moog Foundation and Moog Music, Inc., are not eligible for entry. The Raffle is open to participants worldwide.
HOW TO ENTER: Go to our website for more details and complete the online entry form and pay entry/ticket fee with your credit card.
SELECTION AND NOTIFICATION OF WINNERS: The Winner will be selected at random and announced via e-mail on Friday, April 24, 2015. Once submitted, entries become the sole property of the Bob Moog Foundation and will not be returned. The Winner will be notified by telephone and/or email. If potential winner(s) cannot be reached after 15 days from first notification attempt, or if an entrant is found to be ineligible, such prize will be forfeited and alternate winner(s) will be selected by random drawing.
PRIZE: Grand prize is a Moog Liberation Synthesizer, serial number 1858. The instrument has been meticulously serviced by Tone Tweakers and is in excellent working condition, however the Bob Moog Foundation can make no guarantees about the technical functionality. The outside appearance of the instrument is good condition, but does show some light signs of wear, including minor chips in the paint, a badge of it’s vintage status. The value of the instrument is $1,600.
SHIPPING TERMS: The Bob Moog Foundation agrees to pay up to $200 in shipping costs. Any additional shipping and/or customs charges are the responsibility of the Winner. By purchasing a raffle ticket you are agreeing to cover all fees over $200 prior to shipment of the prize. Failure to do so will result in forfeit of the prize and alternate winner(s) will be selected by random drawing.
TAX OBLIGATIONS: The IRS now requires raffle winner to pay federal taxes on the raffle winnings at the time of the award. If the winner of the synthesizer is from NC, they will pay 3% state tax to the Bob Moog Foundation. The Bob Moog Foundation will assume the federal tax liability of 25% of MSRP to the IRS. All local and state taxes are the sole responsibility of the winner. For any prizes valued at $1200 or more, the Bob Moog Foundation will file IRS Form 1099 MISC with Internal Revenue Service reporting the value of the prize as income to the winner. Winner must show proof of social security number to the Bob Moog Foundation. This is for tax recording purposes only, and will be not be used or released for any other purposes.
MODIFICATIONS OR CANCELLATION OF DRAWING: The Bob Moog Foundation reserves the right to cancel or modify the Raffle at any time.
INDEMNIFICATION AND LIMIT ON LIABILITY: As a condition of accepting a prize, winner acknowledges that the Bob Moog Foundation is not responsible for any harm, injury, or damage caused to any person or property, proximate or otherwise, through the use of any prize by any person, and agrees to save and hold harmless the Bob Moog Foundation, its principals and employees from any claim of such responsibility. “Harm, injury or damage” includes but is not limited to occurrences beyond the control of the Bob Moog Foundation such as death, bodily injury, property damage, or theft, or for failure of any manufacturer’s or dealership’s warranties.
GENERAL: Ticket purchases are not tax deductible. By entering the raffle, participants agree that the Bob Moog Foundation, its agents and employees have no liability whatsoever for any injuries, losses, or damages of any kind which result from the date of award. The prize is non-transferable, and cannot be exchanged for cash. The Bob Moog Foundation may use winner’s name and likeness for publicity purposes without further compensation. The Bob Moog Foundation reserves the right to modify these rules and will give prompt announcement of any rule changes. All decisions of the Bob Moog Foundation are final and binding in all matters related to this raffle.
RESTRICTIONS: By participating in the Bob Moog FoundationMoog Liberation 2015 Raffle, a participant agrees to be bound by these Official Rules, and by all decisions of the Bob Moog Foundation. For further information, please call 828-258-1262.
ELIGIBILITY: Present employees of the Bob Moog Foundation and any immediate family members residing with the employees are not eligible to participate. Present board members of the Bob Moog Foundation and any immediate family members residing with employees are not eligible to participate. Employees of Moog Music and any immediate family members residing with Moog Music employees are not eligible to participate. Must be 18 years or older to enter. Contest void where prohibited. You need not be present to win.
AFFIDAVIT OF ELIGIBILITY AND LIABILITY / PUBLICITY RELEASE OF GRAND PRIZE WINNER: The Winner will be required to sign an Affidavit of Eligibility and Publicity/Liability Release in order to claim their prize.
AUTHORITY AND CONTROL: The decision of the Bob Moog Foundation shall be final in all matters concerning the Raffle. The Raffle is subject to the laws of the state of North Carolina. The Raffle is void where prohibited by law. The Bob Moog Foundation is not responsible for any errors or omissions in the Raffle’s advertising and/or any printed, broadcast, or internet-provided materials or information.
For further information, please call 828-258-1262.
The Bob Moog Foundation is an independent, non-profit 501(c)(3) dedicated to promoting the legacy of Dr. Bob Moog, and is not affiliated with any companies referenced above.