Grey Team is raffling off a brand new, in-box
BELT DRIVE INDOOR CYCLING BIKE W/ LCD MONITOR
List price $459.99, tickets only $10 and all proceeds go towards Grey Team’s veteran programs.
List price $459.99, tickets only $10 and all proceeds go towards Grey Team’s veteran programs.
Sunny Health & Fitness SF-B1423 Belt Drive Indoor Cycling Bike offers all of the necessities for an amazing cycling workout. Between its smooth, quiet belt-drive operation and total portability, your home will transform into a gym and back in no time! Exercising in the comfort of your own home has never been so easy, convenient, or fun! Its fully adjustable handlebars and high-density padded seat offer a completely customizable experience for ultimate user compatibility. Featuring an LCD screen that displays time, speed, distance, and calories burned, tracking your progress toward wellness couldn’t be easier. The heavy-duty steel frame with bottle holder and adjustable resistance provide a safe, efficient, and versatile cycling workout.
Grey Team Inc., a tax exempt organization under Section 501(c)(3) of the Internal Revenue Code, is conducting a Raffle to raise funds for charitable purposes. The Rules and Regulations of the Raffle are set forth below. By purchasing a Raffle ticket the purchaser agrees to be bound by these rules and regulations. Grey Team Inc.’s interpretation and application of these rules and regulations shall be final.
The Drawing for the Raffle will be held on August 11, 2020 at 3:00 pm EST. The drawing may be open to the public, but the winner does not need to be present to win.
The chances of winning are based on the number of tickets sold. The Internal Revenue Service (IRS) has taken the position that amounts paid for chances in raffles, lotteries or similar drawings for valuable prizes are not gifts, and consequently do not qualify as deductible charitable contributions.
The Prize winner of all items shall assume all fees, local, state and federal taxes, sales tax, transport and financing costs which must be paid prior to the item being transferred to the winner. Grey Team Inc. takes no responsibility for any tax liabilities or costs. Consult your tax advisor. This offer is void where prohibited by law, and all federal, state, and local laws and regulations apply.
By entering this raffle, entrants accept and agree (1) to be bound by all the rules, limitations and restrictions set forth here and (2) that their names and/or likenesses may be disclosed to and used by the news media and may otherwise be used by Grey Team Inc. for publicity purposes and in lists of prize winners to be published in area newspapers and announced on the Grey Team Inc. raffle website. Other rules and regulations may apply. Please contact Grey Team Inc. if you have questions. Grey Team Inc.’s interpretation and application of the rules and regulations shall be final.
By entering this raffle, each participant releases Grey Team Inc., its directors, officers, employees and agents from any and all liability for injuries, losses or damages of any kind caused by participating in the raffle or winning the UNNY BELT DRIVE INDOOR CYCLING BIKE W/ LCD MONITOR or other items or resulting from acceptance, possession, use or misuse of the prize, and the winner agrees to indemnify and hold Grey Team Inc. harmless from any and all losses, damages, rights, claims and actions of any kind rising in connection with or as a result of participating in the raffle or the winner’s acceptance or use of the prize.
Individual raffle tickets are $10 each, with available bundle purchases. Only one method of payment, one name, and one mailing address are permitted per ticket(s). Only one eligible person may be entered in the raffle per ticket sold. If the name of more than one person is submitted with a ticket purchase, and that ticket is selected as a winning ticket, then the person named first will be deemed the holder of record of that ticket and declared the winner. Division of prize by a group purchasing a ticket in common shall be the sole responsibility of the person named as the holder of record of that ticket, should that ticket be selected as a winner.
Grey Team Inc. reserves the right to reject any entry form that is submitted with payment that does not constitute “good funds”. All defective or physically altered raffle tickets will be immediately disqualified by Grey Team Inc.. Prior to the Prize drawing, Grey Team Inc. will make a reasonable effort to notify the individual and/or entity that submits such an entry form or one which has been rejected because the credit card or check did not clear that the entry has been rejected by attempting to make contact through the information provided at the time of submitting the purchase request. All orders for tickets must be received and/or purchased by the indicated deadline. Grey Team Inc. assumes no responsibility for lost, late, misdirected or non-delivered mail or fax messages, or any other failure to receive orders or deliver receipts prior to the drawing deadlines.
A raffle participant’s sole and exclusive remedy for Grey Team Inc.’s breach shall be limited to the return of the purchase price paid for his or her raffle ticket(s). In no event shall Grey Team Inc., its directors, officers, employees, agents or representatives be liable to any party for any loss or injuries to earnings, profits or goodwill, or for any incidental, special, punitive or consequential damages of any person or entity whether arising in contract, tort or otherwise, even if advised of the possibility of such damages.
How to Purchase:
An individual can purchase as many Raffle tickets as he or she may wish, subject to availability.
To purchase Raffle tickets: use the order form provided. To purchase in person or by email please email [email protected].
Selection of Winners:
The drawing will be held from all eligible Raffle tickets on August 11, 2020 at 3:00 pm EST. Winners need not be present to win. The winner will be notified according to the contact information provided to Grey Team Inc. at the time of ticket purchase. If the Prize winner cannot be located by 5:00 p.m., 30 days after the drawing, after making a reasonable attempt to make contact through the information provided at the time of purchasing the Raffle ticket, another winner will be selected for such prize. Should the Prize winner not claim their prize within 30 days of the Prize drawing date, the Prize will be forfeited and another winner will not be selected. In addition to the winner’s name being posted on the Grey Team Inc. website, Facebook @greyteam.org. Grey Team Inc. the winners name may also be obtained from Grey Team Inc. or by sending a self-addressed, stamped envelope to Grey Team Inc. 1181 South Rogers Circle, Suite 28 Boca Raton, FL 33487 within one week of the drawing.
In order to collect his or her prize, a Raffle ticket winner may be required to sign and deliver to Grey Team Inc.: (a) a sworn affidavit of eligibility in accordance with these Rules and applicable law, including without limitation that he or she is at least 18 years old at the time he or she purchased the winning Raffle ticket; (b) such written information as is required by any applicable tax and/or real estate laws, including without limitation his or her Social Security Number; (c) proof of identity in forms satisfactory to the Grey Team Inc. showing that the person claiming the prize is the same person who is named on the winning Raffle ticket.; and (d) the winning Raffle ticket stub (electronic stub and email is acceptable) The Prize winner may be required to submit a W-2G, Form 5754 or similar tax form (provided by Grey Team Inc.) for tax withholding purposes. Prizes not collected by August 31, 2020 will be forfeited and another prize winner will be selected.
The odds of winning a prize is based on the number of tickets being sold.
Anyone 18 years of age or older at the time of the purchaser’s Raffle ticket purchase may enter. Grey Team Inc. staff, members of the Board of Directors and immediate family members residing in the same household are excluded from participating and are not eligible to win a prize. All federal, state, and local laws and regulations apply. The Raffle is void where prohibited or restricted by law. The raffle is open to those 18 years of age and older that reside within the continental USA. An affidavit of eligibility may be required from prize winners.
The SUNNY BELT DRIVE INDOOR CYCLING BIKE W/ LCD MONITOR, will be transferred to the Prize winner “as is, where is, and with all faults”. Grey Team Inc. does not make or provide any representation, guarantee or warranty, expressed or implied, in connection with the Car and accepts no liability or responsibility regarding the construction or condition of the Bike. Grey Team Inc. does not warrant that the SUNNY BELT DRIVE INDOOR CYCLING BIKE W/ LCD MONITOR is of mercantile quality or that it can be used for any particular purpose. No express warranties are given and no affirmation of Grey Team Inc. by words and/or actions will constitute a warranty.
Grey Team Inc. makes no guarantee that the Internal Revenue Service (IRS) will accept that value of the SUNNY BELT DRIVE INDOOR CYCLING BIKE W/ LCD MONITOR for the purpose of determining any income tax that may be due from the winner. Grey Team Inc. takes no responsibility for any tax liabilities. Consult your tax advisor.
ANY CONTROVERSY OR CLAIM ARISING OUT OF OR RELATING TO THE CONTRACT, OR THE BREACH THEREOF, SHALL BE SETTLED BY BINDING ARBITRATION ADMINISTERED BY THE AMERICAN ARBITRATION ASSOCIATION (PURSUANT TO ITS EXPEDITED PROCEDURES) UNDER ITS COMMERCIAL ARBITRATION RULES, AND JUDGMENT ON THE AWARD RENDERED BY THE ARBITRATOR MAY BE ENTERED IN ANY COURT HAVING JURISDICTION THEREOF.
By purchasing a raffle ticket and choosing to participate in the raffle, each raffle participant acknowledges and agrees that Grey Team Inc. has the right, in its sole discretion, to elect not to proceed with the raffle for any reason whatsoever or for no reason, and in such event, a participant’s sole and exclusive remedy shall be to receive a refund of the full price paid by such participant for each raffle ticket purchased, without interest.