Stash It Forward Program

Solicitation Disclosure Statement

 

Effective as of September 7, 2021 (the Effective Date”)

 

You have received a designated referral invitation to participate in this rewards program. In order to participate, you must open an individual taxable brokerage account advised by Stash Investments LLC (Stash”) or a Stash banking account powered by Green Dot Bank, Member FDIC in accordance with these terms and conditions. Your referring friend who sent you this invitation is a Stash customer and has done so through the Stash it Forward Program (the Program”). This invitation does not constitute a statement of your friends experience with, or endorsement of, Stash.

Eligibility

To participate in this rewards program and receive a cash bonus or stock reward hereunder, you must complete the designated registration process for opening a Qualifying New Personal Portfolio or Qualifying New Banking Account, whichever occurs first, and your Qualifying New Personal Portfolio or Qualifying New Banking Account must be and remain in good standing (as defined below).

To constitute a "Qualifying New Personal Portfolio" hereunder, you must (i) complete the designated registration process for opening a new individual taxable brokerage account advised by Stash (a Personal Portfolio”) by using the special designated referral link included in your invitation received from your referring friend, (ii) link a funding source (e.g. an external bank account) to your Personal Portfolio, and (iii) initiate and complete a minimum deposit of at least one cent ($0.01) from your funding source into your Personal Portfolio.

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

For the avoidance of doubt, in the event you only complete the designated registration process to receive the Financial Counseling Service (if applicable, as such term is defined in your Advisory Agreement) from Stash, or you do not otherwise complete the designated registration process for opening a Personal Portfolio or a Stash Banking account (as applicable) in accordance with these Program Terms, you will not be eligible to participate in this program. For purposes of this program, a deposit of funds shall be considered complete once the transaction has fully settled in your account.

Cash Bonuses & Stock Rewards

Subject to these terms and conditions, after you open either a Qualifying New Personal Portfolio or a Qualifying New Banking Account, whichever occurs first, Stash will compensate you and your referring friend in the form of either a cash bonus or a stock reward (as defined below). You and your referring friend will each receive an 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 your referring friend will be eligible to receive.

You understand that your referring friend may be eligible to receive additional cash bonuses or stock rewards for referral invitations they send to any of their other referee friends that open either a Qualifying New Personal Portfolio or Qualifying New Banking Account in accordance with the terms of the Program. The maximum amount of compensation that your referring friend may be rewarded under the Program, in the aggregate, either in the form of cash bonuses or stock rewards is $1,000 per calendar year, which shall be calculated by Stash in its sole discretion.   

Cash Bonuses

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

     Stash will deposit between $5 and $50 into your Qualifying New Personal Portfolio, and

     Stash will deposit between $5 and $50 into your referring friends Personal Portfolio.

The actual amount of each cash bonus will vary within the thresholds noted above and will be specified in an offer message from Stash to you and your referring friend.

For the avoidance of doubt, in the event you and your referring friend are offered a cash bonus and you open up both a Qualifying New Personal Portfolio and a Qualifying New Banking Account in accordance with these terms and conditions, Stash will only deposit one cash reward of up to $50 into your Qualifying New Personal Portfolio, and only one cash reward of up to $50 into your referring friends Personal Portfolio, as specified in your offer.

Cash bonuses received hereunder must remain in your Qualifying New Personal Portfolio for ninety (90) days beginning from the date the cash bonus is deposited into your Qualifying New Personal Portfolio and for the entirety of the 90-day period, which shall be determined by Stash in its sole discretion. The cash bonus awarded 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 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.

Stock Rewards

The term stock reward” hereunder means a fractional or whole share of stock of a certain publicly-traded company and/or exchange-traded fund (ETF”) that Stash may offer to you and your referring friend as a form of compensation under these terms and conditions.

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

     Each stock reward will be limited to a maximum value of $20;

     You must claim your stock reward in order for it to be credited to your Qualifying New Personal Portfolio or you will receive a $20 cash bonus, as further described below;

     Your offer will include the specific publicly-traded company and/or ETF that will comprise your stock reward.

For the avoidance of doubt, in the event you open up both a Qualifying New Personal Portfolio and a Qualifying New Banking Account in accordance with these terms and conditions, you and your referring friend will only be eligible to claim one (1) stock reward (or cash bonus, as applicable), as specified in your offer.

In order to accept an offer to earn a stock reward hereunder, you must claim your stock reward by completing the interactive instructions on the Stash Platform (as defined below) within seven (7) calendar days from the date that you open either a Qualifying New Personal Portfolio or a Qualifying New Banking Account, whichever occurs first (Offer Period”). If you fail to claim your stock reward during your Offer Period, you will forfeit your stock reward and Stash will instead deposit a $20 cash bonus into your Qualifying New Personal Portfolio. Stash reserves the right to determine whether youve claimed a stock reward hereunder, and may calculate any such replacement cash bonuses in its sole discretion. Any such cash bonuses remain subject to these terms and conditions.

Stash will determine the list of such publicly-traded companies and/or ETFs that may comprise a stock reward in its sole discretion from all publicly-traded securities available for purchase on the Stash Platform, and may change the publicly-traded companies and/or ETFs that may comprise a stock reward hereunder from time-to-time in its sole discretion without notice to you.

Crediting a Stock Reward to Your Qualifying New Personal Portfolio

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 applications and website (collectively, the Stash Platform”) about such stock, before choosing to accept a stock reward hereunder. Neither this rewards 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 for a list of all investments that are available for purchase. 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 Qualifying New Personal Portfolio, Stash will deposit the monetary amount of your stock reward into your Qualifying New Personal Portfolio 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 Qualifying New Personal Portfolio. 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 rewards program after you receive it in your Qualifying New Personal Portfolio, provided, however, that in each such case, the replacement cash bonus or the sale proceeds must remain in your Qualifying New Personal Portfolio for ninety (90) days beginning from the date the cash bonus or the stock reward is initially deposited in your Qualifying New Personal Portfolio and for the entirety of the 90-day period, which shall be determined by Stash in its sole discretion.

By participating in this program, you grant Stash the limited discretionary authority required to complete the securities transaction necessary to complete the stock reward. Specifically, Stash will have discretion over the cash credited to your Qualifying New Personal Portfolio pursuant to these program terms and conditions only to the limited extent necessary to fulfill your stock reward. This discretionary authority is in addition to the limited discretionary authority you have already granted to Stash pursuant to your Advisory Agreement, as amended, that you agreed to when you opened your Qualifying New Personal Portfolio. Accordingly, your acceptance of these program terms and conditions and participation in this program expressly amends and modifies your Advisory Agreement as of the date you accept these program terms and conditions, and you are hereby notified of such amendment and modification by these program terms and conditions.

Referral Invitations

Any referral invitations that either (i) were sent prior to the Effective Date where you have not as of the Effective Date created unique login credentials with Stash (e.g. username and password), or (ii) are sent on or after the Effective Date, will expire ninety (90) calendar days from the date that you create unique login credentials with Stash (e.g. username and password). If your referral invitation expires and you have not already created unique login credentials with Stash (e.g. username and password), then you will be eligible to receive future referral invitations under this program. If your referral invitation expires after you have already created unique login credentials with Stash (e.g. username and password), then you will not be eligible to receive any future referral invitations from (or earn cash bonuses or stock rewards) under this Program.

Other Program Information

The term Stash” refers to Stash Investments LLC. Stash Investments LLC is an SEC registered investment adviser. You may view Stashs Wrap Fee Brochure, our Advisory Agreement and other customer agreements at https://www.stash.com/disclosurelibrary. Stash is not responsible for incorrect entry or other failure on your part to meet standards for qualifying for the cash bonus or stock reward specified hereunder. By choosing to participate in this rewards program, you are expressly acknowledging and agreeing that the individual who referred you to Stash will be notified when you open a Qualifying New Personal Portfolio or a Qualifying New Banking Account (as applicable), including updates as you complete the account opening process for either such account.

This rewards program is not valid with any other offers and any rewards are non-transferrable. Offer available to U.S. residents only. Stash reserves the right to terminate or amend this offer or the Program at any time and to refuse or recover any cash bonus or stock reward hereunder if Stash determines that such cash bonus or stock reward was obtained under wrongful or fraudulent circumstances, or was awarded to you in error, or that you received this offer from Stash in error, or that inaccurate or incomplete information was provided in opening your account, or that any terms of your Advisory Agreement, Terms of Use, these terms and conditions, or the Program terms have been violated. Tax-advantaged accounts (including Stash Retire and Stash Custodial accounts) and a Stash Smart Portfolio are not eligible for this rewards program and do not constitute a Qualifying New Personal Portfolio hereunder.

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 rewards program is an account for which all required account 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 will be forfeited.

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

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 accepting a signed advisory agreement does not constitute investment advice and should not be relied on as such. Investment advice is only provided to Stash customers. 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.

 

Bank 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 also operates under the following registered trade names: GoBank, GO2bank 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 allowable up to the limits. Green Dot is a registered trademark of Green Dot Corporation. © 2021 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.

 

If, for any reason, the Program is not capable of running as planned, whether due to infection by computer virus, bugs, tampering, unauthorized intervention, fraud, technical failures, or any other causes beyond the control of Stash which corrupts or affects the administration, security, fairness, integrity, or proper conduct of the Program, Stash reserves the right in its sole discretion, to disqualify any individual who tampers with the Program, and to cancel, terminate, modify or suspend the Program. In the event of termination, Stash may in its sole discretion award cash bonuses or stock rewards (as applicable) to those who have satisfied the eligibility criteria set forth herein up until the time of termination. Stash assumes no responsibility for any error, omission, interruption, deletion, defect, delay in operation or transmission, communications line failure, theft or destruction or unauthorized access to, or alteration of, the Program. Stash is not responsible for any problems or technical malfunction of any telephone network or lines, computer online systems, servers, or providers, computer equipment, software, failure of any e-mail or entry to be received by Stash on account of technical problems, human error or traffic congestion on the Internet or at any web site, or any combination thereof, including any injury or damage to any persons computer related to or resulting from participation in the Program.