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Art. 1–Promoter of the Award and competition purposes

1.1 Terna s.p.a., with head office in Rome, via Arno 64, 00198, is the promoter of the ”Terna 01 Award”.

1.2 The Terna 01 Award is an awards competition (the “Terna 01 Award”) aimed at promoting artists and contemporary art in Italy and at enhancing the relationship between art and business through the exploration of the sense of energy transmission, the activity that Terna carries out daily for the country as the National Electricity Grid Operator. The Award is divided into 3 categories respectively reserved to established artists and emerging artists in the entire field of contemporary art and creating a circuit of emerging talents and of promoting the role of artists as the development and research engine for new talents and creativity.
The Terna 01 Award also includes a social initiative in the cultural and artistic field and the prize reserved for the established artist category will be assigned to this initiative; in this way, these artists become the protagonists of the ambitious project of enhancing Italian art and culture.
1.3 The Terna 01 Award includes organizing one or more exhibits and a color catalogue (the “Catalogue”) and assigning the final awards for a total value of € 150 thousand.
1.4 The winning Artworks of the Terna 01 Award will be awarded during a ceremony (the “Awards Ceremony”) and will be displayed during the course of an exhibit (the “Exhibit”) that will take place both within the month of December 2008 at a museum or other venue in the city of Rome; this information will be published in the website www.premioterna.it
1.5 The Terna 01 Award will begin on July 1, 2008 (“Beginning Date”) and the artists can participate by submitting their artworks according to the terms stated in Article 5 that follows within 6:00 p.m. of October 30, 2008 (”Last Date for Participation”). Awards must be collected no later than January 31, 2009.
1.6 The Terna 01 Award is promoted and takes place on the national territory.