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2012 ROLEX AWARDS FOR ENTERPRISE

RULES AND CONDITIONS
1. Description
The Rolex Awards for Enterprise aim to encourage a spirit of enterprise in individuals around the world by supporting outstanding efforts in areas that advance human knowledge and well-being. The Rolex Awards provide financial assistance to people who want to implement concrete working projects. Applicants must submit projects that are envisaged for the future or that have been completed only in part. Completed work, or projects that will be finished when the Awards are presented late in 2012, cannot be considered.
2. The Jury
Laureates of the Rolex Awards for Enterprise are chosen by an independent Jury from among a shortlist of projects established by Rolex SA. The 2012 Jury will comprise experts of international renown from a range of disciplines, as well as a representative of Rolex SA. This panel has sole responsibility for choosing the Laureates. The Jury’s decisions are final and are not subject to appeal. Moreover, its procedures and deliberations are confidential and will not be disclosed.
3. Areas of Recognition
The 2012 Jury invites applications for projects that fall into the following areas: science and health; applied technology; exploration and discovery; the environment; and cultural heritage. Projects must expand knowledge of our world, improve the quality of life on the planet or contribute to the betterment of humankind.
4. Selection Criteria
In judging applications, the 2012 Jury will determine primarily whether the candidates show exceptional spirit of enterprise. Projects are also judged on the basis of their originality and potential impact on the world and on society. Finally, the Jury will consider the extent to which a Rolex Award will contribute to the advancement of the project. The application of the selection criteria will be at the sole discretion of the Jury.
5. Prizes
The Jury will choose five Laureates, who will each receive USD 100,000 and a Rolex chronometer. The Laureates will be honoured at an awards ceremony late in 2012 as guests of Rolex SA. The Jury may grant other prizes to applicants worthy of support. The amount of these prizes will be determined at the discretion of the Jury. No alternatives to the non-cash prizes will be given.
6. Applications
In order to be considered, pre-applications as well as full applications must:

• be in English,
• be complete, with all sections filled in,
• be signed,
• be submitted by the deadline indicated at the time of applying.

The latest deadline for pre-applications will be May 31, 2011. The latest deadline for full applications will be June 30, 2011. Applicants may submit projects through the Rolex Awards for Enterprise website (www.rolexawards.com), or through postal or courier services. Candidates may submit additional material if they are invited to submit a full Official Application Form, and these supporting materials may be in languages other than English. Enclosures must arrive with the application. If the application form is submitted through the Rolex Awards for Enterprise website, all enclosures must arrive before the deadline given to the candidate. No supplementary information will be accepted after receipt of the project, except if specifically requested. No applications will be returned after the close of the awards. All applications will remain at the Secretariat of the Rolex Awards and will be destroyed at the end of 2012, except the winning applications.
7. Eligibility
Applications may be submitted by individuals only. Only one individual may appear on each application form. No institutional or collective applications are allowed. If a project represents the efforts of several individuals, one person must represent the group and sign the application form. Should such a group effort be chosen, the Rolex Award will be presented to the individual representative. Rolex SA will have no obligation to any other members of the group. Applicants must submit their own ideas and proposals. If an applicant is working within an institution, the full amount of the award will go to the applicant only. No administrative fees may be deducted by the institution, nor will Rolex pay any fee to the institution. Applications for the 2012 Rolex Awards for Enterprise may be submitted by anyone of any age or nationality. Excluded are Rolex employees; Rolex agents and retailers and their employees; employees of advertising, public relations and any other agencies acting for Rolex; members of the immediate families of any of the
above; any other person closely connected with Rolex SA. Former Rolex Awards and Young Laureates Programme Jury Members, Laureates, Associate Laureates and Young Laureates are also excluded.
8. Notification
The five Laureates will be notified prior to June 1, 2012 that their projects have been chosen by the Jury. All other applicants will be notified of the status of their projects by September 1, 2012. No other correspondence will be exchanged with applicants on the subject of their projects before these dates, except where supplementary information is requested by Rolex SA or its external experts. 
9. Publication of Awards
Rolex SA reserves the right to use the award winners’ names, addresses, applications, photographs and illustrations in all media (notably in publications, Internet, press, radio and television broadcast) exclusively in connection with the Rolex Awards for Enterprise, at no cost beyond the award given. The names of the five Laureates will be published in several international magazines in the months following their selection. By signing the application form, applicants to the Rolex Awards for Enterprise authorise Rolex SA to copy, reproduce or publish their applications if they win an award. Rolex SA will not be liable for any inaccuracy, error or omission contained
in any such copy, reproduction or publication.
10. Intellectual Property Rights
Entries protected by patent, copyright or any other intellectual property rights, along with those for which such protection is being sought, are acceptable as submissions to the Rolex Awards for Enterprise. However, Rolex SA shall have no duty whatsoever with respect to such submissions and, in particular, shall not be held liable in the event of disclosure of any confidential information contained in the application forms. Subject to paragraph 9 above, projects remain the property of the applicants who submitted them. Rolex SA has no intention of participating, or acting as an intermediary, in the implementation of any project. Nothing in these Rules and Conditions shall entitle any person to use any intellectual property rights of Rolex SA or of any other affiliated Rolex company, or otherwise to associate himself or herself with Rolex SA in any way.
11. Language
The present Rules and Conditions are established in Arabic, Chinese (traditional and simplified versions), English, French, German, Italian, Japanese and Spanish. Any dispute arising out of the present Rules and Conditions shall be interpreted according to the English version.
12. Responsibility
Rolex SA will not accept responsibility in the event of loss, theft or destruction of applications and/or supporting materials, nor will it accept any responsibility for delays in postal delivery or other forms of communication.
13. Governing Law and Jurisdiction
The Rolex Awards for Enterprise are based in Geneva, Switzerland at the headquarters of Rolex SA. The present Rules and Conditions will be deemed to be made under, and interpreted in accordance with, the laws of Switzerland. Any dispute with respect to and in connection with the present Rules and Conditions shall be referred to the ordinary courts of the Canton of Geneva. Entering the Rolex Awards for Enterprise indicates acceptance of these Rules and Conditions.