$50 buy-in plus $5 for bad beat for total buy-in of $55 (5,000 chips). You will have a maximum of two actions (rebuys or addon) permitted within the first two hours. You are only permitted one addon however. Each action will be $25. If you rebuy you will get 5,000 chips for $25. If you add-on you will get 3,000 chips for $25.

Since this is a rebuy tournament, surrendering your chips in order to rebuy is permitted.