Stash It Forward Program
Solicitation Agreement

Effective as of June 10, 2020 (the “Effective Date”)

The Stash It Forward Program (the “Program”) is a promotional referral program offered by Stash Investments LLC (“Stash”) where existing Stash customers may be rewarded for referring their friends to Stash. The Program is subject to the terms and conditions stated herein (the “Program Terms”) as well as the specific terms that correspond with the invitation and referral link you use to invite your friends to participate. To qualify for the cash bonuses or stock rewards described below, each of your referee friends must open a Stash Invest Account (as defined below) and/or a Stash Banking account (as defined below) in accordance with these Program Terms. By choosing to participate in the Program, you are accepting and agreeing to these Program Terms. These Program Terms form an agreement between you and Stash with respect to the Program. You should read these Program Terms carefully.

Eligibility

To be eligible to participate in this Program and receive cash bonuses or stock rewards, you must satisfy the following requirements:

(i) you must have an individual taxable brokerage account advised by Stash that is in good standing (a “Stash Invest Account”),

(ii) you must send a designated referral invitation to a referee friend in accordance with these Program Terms, and

(iii) your referee friend must complete the account opening process for a Qualifying New Invest Account and/or a Qualifying New Banking Account.

(iv) your referee friend's account(s) must be in good standing.

To constitute a "Qualifying New Invest Account" hereunder, your referee friend must (i) complete the process of opening a Stash Invest Account by using the special designated referral link from your invitation, (ii) link a funding account (e.g. an external bank account) to their Stash Invest Account, and (iii) initiate a minimum deposit of at least one cent ($0.01) into their Stash Invest Account.

To constitute a “Qualifying New Banking Account” hereunder, your referee friend must (i) complete the process of opening a Stash banking account provided by Green Dot Bank, Member FDIC that is in good standing (a “Stash Banking account”), by using the special designated referral link from your invitation, (ii) link a funding account (e.g. an external bank account) to their Stash Banking account, and (iii) initiate a minimum deposit of at least one cent ($0.01) into their Stash Banking account.

Stash and/or Green Dot Bank reserve the right to determine in our/its sole or joint discretion whether an account is closed and/or in good standing. An account in good standing for purposes of this Program is an account for which all required opening documentation has been completed and verified, and is not locked, or restricted, or otherwise flagged in any way. If either account is closed or not in good standing for any reason at any time, any cash bonuses or stock rewards awarded hereunder will be forfeited.

A Stash Banking account opened hereunder is subject to approval by Green Dot Bank, Member FDIC. Your referee friend must pass Green Dot Bank’s customer identification procedures and otherwise be approved by Green Dot Bank for a Stash Banking account, and your referee friend must agree to electronic delivery of disclosures, Green Dot Bank’s deposit account agreement, and any other account documentation required for opening in order to open a Stash Banking account. There is no guarantee that your referee friend will be approved to open a Stash Banking account.

Cash Bonuses & Stock Rewards

Subject to these Program Terms, after your referee friend opens either a Qualifying New Invest Account or a Qualifying New Banking Account, whichever occurs first, Stash will compensate you and your referee friend in the form of either a cash bonus or a stock reward (as described below). At the time you send a designated referral invitation to each of your referee friends, you and each of your referee friends will receive a unique offer message directly from Stash that will include the type of compensation (e.g. a cash bonus or a stock reward) and the exact amount of such compensation that you and each such referee friend will be eligible to receive. The maximum amount of compensation that you may be rewarded under this Program, in the aggregate, either in the form of cash bonuses or stock rewards is $500 per calendar year, which shall be calculated by Stash in its sole discretion.

Cash Bonuses

If you and your referee friend are offered a cash bonus from Stash, then upon your referee friend opening either a Qualifying New Invest Account or a Qualifying New Banking Account, whichever occurs first:

  1. Stash will deposit between $5 and $50 into your Stash Invest Account, and
  2. Stash will deposit between $5 and $50 into your referee friend’s Qualifying New Invest Account.
The actual amount of cash bonuses that Stash will deposit will vary within the thresholds noted above and will be specified in an offer message to you and your referee friend from Stash.

For the avoidance of doubt, in the event you and your referee friend are offered a cash bonus and your referee friend opens up both a Qualifying New Invest Account and a Qualifying New Banking Account in accordance with these Program Terms, Stash will only deposit one cash reward of up to $50 into your Stash Invest Account, and only one cash reward of up to $50 into your referee friend’s Qualifying New Invest Account, as specified in your offer.

Any cash bonus deposited by Stash hereunder is a fixed cash value and does not constitute stock or any other security, nor is it a recommendation to buy any specific stock or other security. The value of any cash bonus awarded hereunder may be taxable income to you. You are responsible for any federal or state taxes resulting from receipt of a cash bonus. Please consult your tax advisor if you have questions about the tax treatment of a cash bonus. Each cash bonus must remain in your Stash Invest Account for ninety (90) days beginning from the date the cash bonus is deposited in such account and for the entirety of the 90-day period, which shall be determined by Stash in its sole discretion.

Stock Rewards

The term “stock rewards” hereunder means fractional shares of stock of certain publicly-traded companies and/or exchange-traded funds that Stash may offer to you and your referee friend as a form of compensation under this Program.

If you and your referee friend are offered a stock reward from Stash, then upon your referee friend opening either a Qualifying New Invest Account or a Qualifying New Banking Account, whichever occurs first, the following will apply:

  1. Each stock reward will be limited to a maximum value of $20;
  2. You must claim your stock reward in order for it to be credited to your Stash Invest Account or you will receive a $20 cash reward, as further described below;
  3. Your offer will include the specific publicly-traded company and/or exchange-traded fund that will comprise your stock reward.

In order to accept a stock reward hereunder, you must claim your stock reward by completing the interactive instructions on the Stash mobile application within seven (7) calendar days from the date that your referee friend opens either a Qualifying New Invest Account or a Qualifying New Banking Account, whichever occurs first (“Offer Period”). If you fail to claim a stock reward during any Offer Period, you will forfeit that stock reward and Stash will instead deposit a $20 cash bonus into your Stash Invest Account. Stash reserves the right to determine whether you’ve claimed a stock reward hereunder, and may reward any such replacement cash bonuses in its sole discretion. Any cash bonuses that replace a stock reward hereunder remain subject to these Program Terms. Stash reserves the right to determine and/or change the amount(s) and/or type(s) of stock rewards offered under this Program at any time.

For the avoidance of doubt, in the event you and your referee friend are offered a stock reward hereunder, and your referee friend opens up both a Qualifying New Invest Account and a Qualifying New Banking Account in accordance with these Program Terms, you and your referee friend will each only be eligible to claim one (1) stock reward (or cash bonus, as applicable), as specified in your offer.

Crediting a Stock Reward to Your Stash Invest Account

By accepting an offer to earn a stock reward hereunder, you are making a decision to invest in that specific underlying stock and you agree that it is your responsibility to review and carefully consider the stock, including the information available to you through the Stash mobile applications and website (collectively, the “Stash Platform”) about such stock, before choosing to accept a stock reward hereunder. Neither this Program itself, nor the stock available to be earned through it, is a recommendation to buy any such specific stock. The value of any stock reward you receive may fluctuate over time due to a variety of factors. Please refer to the Stash Platform (stash.com/investments/stocks) for a list of all investments that are available for purchase at any time. Stash reserves the right to change the list of investments available on the Stash Platform at any time and from time to time in its sole discretion.

By accepting a stock reward hereunder, you are agreeing to initiate a “buy” order for such stock in the amount of your stock reward. To deliver a stock reward to your Stash Invest Account, Stash will deposit the monetary amount of your stock reward into your Stash Invest Account and automatically initiate a “buy” order for such stock in the amount of the stock reward. By accepting an offer to earn a stock reward, you are authorizing Stash to direct, and Stash Capital LLC to execute, orders to buy the specific stock offered to you. Any stock reward may take up to four (4) business days to be reflected in your Stash Invest Account. For the avoidance of doubt, you have the ability to decline the offer to earn any stock reward and receive a cash bonus instead, or the ability to subsequently sell any stock reward earned under this Program after you receive it in your Stash Invest Account, provided, however, that in each such case, the replacement cash bonus or the sale proceeds must remain in your Stash Invest Account for ninety (90) days beginning from the date the cash bonus or the stock reward is initially deposited in your Stash Invest Account and for the entirety of the 90-day period, which shall be determined by Stash in its sole discretion.

Referral Invitations

By participating in the Program, you agree to only send referral invitations to interested people you know personally, such as friends, family and known acquaintances (“friends”), by utilizing the referral link and sharing tools provided by Stash. You may send one invite in your name to each friend you invite, and you may not share referrals with yourself. By choosing to participate in this Program, you expressly acknowledge and accept that the friends you refer will be able to tell that you sent them an invitation to participate in this Program and that you have a Stash account. Unless explicitly approved and authorized in writing by Stash, you may not make any statements to the friends you refer about Stash’s investment advisory products or services, or about your experiences as a Stash customer. You also agree not to make any statements that are untruthful, factually inaccurate, or misleading. You hereby acknowledge that any modification or efforts to bypass, manipulate, obscure or otherwise modify the delivery and accurate presentation of the referral link, sharing tools, content, disclosures or other materials and instructions we provide will be considered a violation of these Program Terms and may render you ineligible to participate further in the Program. Separate program terms apply to your referee friend’s invitation.

You agree not to publish or distribute your referral link in locations where the audience is likely to include individuals you do not know or who may not be interested in Stash, such as third party websites or platforms, including social media platforms. Stash reserves the right to refuse to offer or pay any cash bonuses or stock rewards to you if it determines that you have failed to comply with the preceding sentence.

To the extent you decide to share your referral link using a third party’s service, such as a messaging application, you must also comply with that third party’s terms of use. You should also be aware that by engaging in such activity via a third party service you will be at your own risk subjecting yourself to that third party’s privacy, security and consumer practices and policies, which Stash does not endorse or control and that those third party services may be able to tell, based on your activity, that you are a Stash customer.

In referring friends in accordance with these Program Terms you are acting on behalf of Stash and under the supervision and control of Stash and hereby agree to perform duties under these Program Terms in a manner consistent with the instructions of Stash. You agree to limit the information you provide in connection with the referral to the referral web page and content provided by Stash. You agree that your participation in the Program will conform to these Program Terms as well as the provisions of the Investment Advisers Act of 1940, 15 U.S.C. § 80b-1, and the rules thereunder.

Any referral invitations for this Program sent prior to the Effective Date where the referee friend already created login credentials for their Stash Invest Account (e.g. username and password) but as of the Effective Date has not yet completed the process of opening their Stash Invest Account will expire ninety (90) calendar days from the Effective Date (September 8, 2020). Further, any referral invitations for this Program (i) sent prior to the Effective Date where the referee friend has not as of the Effective Date created login credentials for their Stash Invest Account (e.g. username and password), or (ii) sent on or after the Effective Date, will expire ninety (90) calendar days from the date that such referee friend creates login credentials for their Stash Invest Account (e.g. username and password). For example, if a referral invitation was sent on January 1, 2020 and the specific referee friend created a username and password for their Stash Invest Account on January 15, 2020, then that specific referral invitation will expire on September 8, 2020. However, in the previous example if that specific referee friend does not create a username and password for their Stash Invest Account until July 1, 2020, then that specific referral invitation will expire on September 29, 2020. Further, if a referee friend receives a referral invitation after the Effective Date (e.g. June 30, 2020) and that referee friend creates a username and password for their Stash Invest Account on July 1, 2020, then that specific referral invitation will expire on September 29, 2020. If your referral invitation expires and your referee friend has not already created login credentials for their Stash Invest Account (e.g. username and password), then you will be eligible to send future invitations to such referee friend under this Program. If your referral invitation expires after your referee friend has already created login credentials for their Stash Invest Account (e.g. username and password), then you will not be eligible to send any future invitations to that referee friend (or earn cash bonuses or stock rewards) under this Program.

Legal Representations

You hereby represent that: (1) you are not subject to any statutory disqualification set forth in Sections 203(e) and 203(f) of the Investment Advisers Act (or any amended or replacement regulatory provision(s)); (2) you are not currently the subject of any investigation or proceeding which could result in statutory disqualification; and (3) you do not have a "place of business" at which you regularly provide investment advisory services, solicit, meet with, or otherwise communicate with customers, or any other location that is held out to the general public as a location at which you provide investment advisory services, solicit, meet with, or otherwise communicate with customers in any U.S. state. If you cannot accurately make the preceding representations, you may not participate in the Program. If you are currently participating in the Program and the preceding representations become inaccurate, you agree to immediately inform Stash by contacting us at support@stash.com.

Changes To These Program Terms

We may modify these Program Terms from time to time which will be indicated by changing the date at the top of this page. We will indicate that changes have been made by updating the “Effective Date” located above at the beginning of these Program Terms. If we make any material changes, we will notify you by email (sent to the email address specified in your account), by means of a notice on the Stash Platform prior to the change becoming effective, or as otherwise required by law. Your continued access to or use of the Program after we make any changes to these Program Terms will be subject to the revised Program Terms, and you will be deemed to be aware of and bound by your continued access to or participation in the Program. If you do not accept any such revisions or changes, your sole and exclusive remedy is to cease participation in the Program. The Program may be canceled without notice.

Other Program Information

The term “Stash” refers to Stash Investments LLC. Stash is not responsible for incorrect entry or other failure on the part of your referee friends to meet the standards of a Qualifying New Invest Account or a Qualifying New Banking Account. You cannot earn cash bonuses or stock rewards for referring individuals who already have a Qualifying New Invest Account or a Qualifying New Banking Account or for individuals who have been referred by someone else. If two or more individuals invite the same referee friend to open a Qualifying New Invest Account or a Qualifying New Banking Account, Stash will credit the cash bonus or stock reward to the person whose special designated referral link was first used by the referee friend to complete the initial registration process through Stash.

Investing Involves Risk. Information shown is strictly for illustrative and educational purposes only and should not be considered a solicitation to buy, an offer to sell, or a recommendation for any security in any jurisdiction where such an offer, solicitation or recommendation would be unlawful or unauthorized. Any preliminary information provided to prospective customers prior to Stash agreeing to enter into an advisory relationship does not constitute investment advice and should not be relied on as such. Investment products, stock rewards, and services are offered by Stash, not Green Dot Bank, and are Not FDIC Insured, Not Bank Guaranteed and May Lose Value.

Your Advisory Agreement with Stash governs our investment advisory relationship with you and these Program Terms do not in any way amend, supersede, change or replace your Advisory Agreement. You may view our Wrap Fee Brochure and our Advisory Agreements at stash.com/disclosurelibrary. This Program is not valid with any other offers and is non-transferrable. Program available to U.S. residents only. If you violate these Program Terms in any way, Stash reserves the right in its sole discretion to remove you from the Program or deny any cash bonuses or stock rewards awarded hereunder. The Program is void where prohibited by law. Other restrictions may apply.

Stash reserves the right to limit the amount of cash bonuses or stock rewards you are eligible to receive, and to refuse or recover any cash bonuses or stock rewards if Stash determines that it was obtained under wrongful or fraudulent circumstances, or was awarded to you in error, or that inaccurate or incomplete information was provided in opening the account, or that any terms of the Advisory Agreement, Terms of Use, or these Program Terms have been violated. Stash reserves the right to suspend, cancel, terminate or modify this Program and/or these Program Terms at any time at its sole discretion.

The Advisory Agreement and Green Dot’s deposit account agreement govern the use of your Stash Invest Account and/or Stash Banking account, as applicable, and these Program Terms here do not in any way amend, supersede, change or replace such agreements, which include important terms applicable to your use of Stash that continue to apply here. For example, the Advisory Agreement contains an arbitration provision with a pre-dispute arbitration clause that affects your rights with respect to your Stash advisory relationship.

Debit account services are provided by Green Dot Bank and Stash Visa Debit Card issued by Green Dot Bank, Member FDIC, pursuant to a license from Visa U.S.A. Visa is a registered trademark of Visa International Service Association. Green Dot Bank operates under the following registered trade names: GoBank, Green Dot Bank and Bonneville Bank. All of the registered trade names are used by, and refer to a single FDIC-insured bank, Green Dot Bank. Deposits under any of these trade names are deposits with Green Dot Bank and are aggregated for deposit insurance coverage. Green Dot is a registered trademark of Green Dot Corporation. © 2020 Green Dot Bank. All rights reserved. This Program is not sponsored or endorsed by Green Dot Bank, Green Dot Corporation, Visa U.S.A., or any of their respective affiliates, and none of the foregoing has any responsibility to fulfill any aspect of this Program.