Stash Invest

Stash Stars and Stocks Stock Party Rewards Program

Terms and Conditions 

 

Effective as of October 16, 2020 (the “Effective Date”) and applicable only to the Stash Stock Parties offered by Stash to all Stash Invest Account Holders (as defined below) on October 22, 2020 and October 29, 2020

 

General Description

 

The Stash Stock Party Rewards Program (the “Program”) is a rewards program offered by Stash Investments LLC (“Stash”), whereby Stash Invest Account Holders (as defined below) may earn fractional shares of stock of certain publicly-traded companies and/or exchange-traded funds (“Stock”), as specified below. This Program is subject to these Stash Stock Party Program Terms and Conditions (the “Program Terms”). By choosing to participate in this 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 a Stock Reward (as defined below) hereunder, you must be a Stash Invest Account Holder. For purposes of this Program, a “Stash Invest Account” is an individual taxable brokerage account advised by Stash that is in good standing. Each person who has completed the process of opening a Stash Invest Account as of or following the Effective Date will be deemed a “Stash Invest Account Holder” under these Program Terms. 

 

Stash reserves the right to determine in its sole 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 account opening documentation has been completed and verified, and is not locked, or restricted, or otherwise flagged in any way. If your Stash Invest Account is closed or not in good standing for any reason at any time, you will no longer be deemed a Stash Invest Account Holder and you will not be eligible to receive any Stock Rewards hereunder. 

 

Redeeming Your Stock Reward

 

On each of the two dates set forth below (each, a “Party Date”), Stash will offer a predetermined amount of one or more specific Stocks at 4:00 PM (ET) to any person that completes either set of eligibility steps outlined below, as applicable to such person, during the time periods also specified below.

 

 

Eligibility Set #1: If you are a Stash Invest Account Holder as of 4:00 PM (ET) on a Party Date, then you must complete each of the following steps on that specific Party Date:

 

Step 1: you must visit the following unique link: https://party.stash.com/ 

 

Step 2: you must select the “Log In” icon that appears on the unique link and enter your login credentials (e.g. email and password) attributable to your Stash Invest Account; AND

 

Step 3: you must select the “Claim Stock” icon that will appear on the unique link attributable to such Stock Reward between 4:00 PM (ET) and 4:30 PM (ET) on that specific Party Date.

 

Eligibility Set #2: If you are not a Stash Invest Account Holder as of 4:00 PM (ET) on a Party Date, then you must complete each of the following steps on that specific Party Date:

 

Step A: you must visit the following unique link: https://party.stash.com/

 

Step B: you must select the “Sign Up For Stash” icon that appears on the unique link and enter a valid email address;

 

Step C: you must select the “Reserve Stock” icon that will appear on the unique link attributable to such Stock Reward prior to 4:30 PM (ET) on that specific Party Date;

 

Step D: you must then subsequently complete the registration process of opening a Stash Invest Account prior to 5:30 PM (ET) on that specific Party Date; AND

 

Step E: after you complete Step D, you will then receive an email from Stash to “Claim Your Stock” and you must either select the “Claim Stock” icon that will appear in the email or go back and visit the unique link under Step A above and select the “Claim Stock” icon prior to 5:30 PM (ET) on that specific Party Date.

 

For the avoidance of doubt, you will not receive a Stock Reward hereunder on a Party Date if you: (i) on that specific Party Date, select the “No Stock for me” icon that appears on the unique link attributable to such Stock Reward under either Step 3 or Step C above, as applicable to you, and you do not subsequently complete the detailed steps applicable to you in the order outlined above in a timely fashion, or (ii) on that specific Party Date, otherwise fail to complete the detailed steps applicable to you in the order outlined above in a timely fashion. 

 

Only Stash Invest Account Holders that complete either set of applicable steps outlined above in a timely fashion on a Party Date (each, an “Eligible Reward Recipient”) will be eligible to receive a Stock Reward (as defined below) on that specific Party Date. The number of Eligible Reward Recipients will reset following each Party Date to zero (0), and will not carry over from one Party Date to the next. 

 

Calculating The Amount of Stock That Stash Will Offer On Each Party Date

 

The total amount of Stock that Stash will offer on a specific Party Date will be calculated by Stash based on the following table:

 

Number of Eligible Reward Recipients On That Specific Party Date

Total Amount of Stock Stash Will Offer That  Specific Party Date

0 –100

$0

101 – 250

$12

251 – 500

$24

501 - 750

$42

751 – 1000

$72

1,001 – 1,250

$103

1,251 – 1,500

$158

1,501 – 1,750

$203

1,751 – 2,000

$267

2,001 – 2,250

$373

2,251 – 2,500

$420

2,501 – 2,750

$487

2,751 – 3,000

$545

3,001 – 3,250

$738

3,251 – 3,500

$861

3,501 – 3,750

$999

3,751 – 4,000

$1,122

4,001 – 4,500

$1,313

4,501 – 5,000

$1,503

5,001 – 5,500

$1,705

5,501 – 6,000

$1,927

6,001 – 6,500

$2,141

6,501 – 7,000

$2,383

7,001 – 7,500

$2,625

7,501 – 8,000

$2,877

8,001 – 8,500

$3,144

8,501 – 9,000

$3,421

9,001 – 9,500

$3,703

9,501 – 10,000

$4,136

10,001 – 10,500

$4,410

10,501 – 11,000

$4,730

11,001 – 11,500

$5,060

11,501 – 12,000

$5,412

12,001 – 12,500

$5,758

12,501 – 13,000

$6,111

13,001 – 13,500

$6,484

13,501 – 14,000

$6,868

14,001 – 14,500

$7,250

14,501 – 15,000

$7,777

15,001+

$15,000

 

Once Stash determines the total amount of Stock that it will give away on a particular Party Date based on the table above, Stash will take that total amount and divide it by the amount of Stocks that Stash is giving away on that particular Party Date (each divided amount shall be referred to hereunder as an “Offering Amount”). For example, if on a Party Date Stash is offering Stock of Company W, Company X, Company Y and Company Z and there are 7,500 Eligible Reward Recipients as of 5:30 PM (ET) on that particular Party Date, then the total amount of Stock that Stash will offer on the Party Date will be $2,625, and the Offering Amount for each of Company W, Company X, Company Y and Company Z will be $656.25. Stash will then take each Offering Amount, divide that by the number of Eligible Reward Recipients on that particular Party Date, and offer a Stock reward to each Eligible Reward Recipient in an amount equal that divided amount of each Offering Amount (each such stock reward shall be referred to hereunder as a “Stock Reward”). To use the example provided above, Stash would take the Offering Amount of $656.25 for each of Company W, Company X, Company Y and Company Z, divide that by the 7,500 Eligible Reward Recipients for that Party Date, and offer $0.09 of Company W Stock, Company X Stock, Company Y Stock and Company Z Stock to each Eligible Reward Recipient on the Party Date.

 

The amount of every Stock Reward offered through the Program shall be limited to a daily maximum cash value of $5.00 per Eligible Reward Recipient on a particular Party Date, which shall be calculated by Stash in its sole discretion. In no event will you be eligible to receive Stock Rewards hereunder in excess of the limit described in the preceding sentence. Further, each Eligible Reward Recipient is only eligible to claim one (1) Stock Reward for each Stock being offered by Stash on that particular Party Date. The specific Stock(s) that Stash may offer on a particular Party Date will be determined either by Stash in its sole discretion or through a voting process managed entirely by Stash. Eligible Reward Recipients will be notified on or about 5:30 PM (ET) on each Party Date of their specific Stock Rewards.

 

Crediting Your Stock Reward To Your Stash Invest Account

 

By accepting an offer to earn a Stock Reward, 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 (www.stash.com/investments/stocks/) 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 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 the ability to sell any Stock Reward earned under this Program, after you receive it in your Stash Invest Account.

 

Other Information

 

Stash Investments LLC is an SEC registered investment adviser. You may view our Wrap Fee Brochure and our Advisory Agreements at https://www.stash.com/disclosurelibrary. Stash is not responsible for any failure on your part to meet the standards for qualifying for this Program.  Stash reserves the right to amend or cancel this Program and/or these Program Terms at any time. The Stock Rewards available pursuant to this Program shall apply to any Stash platform tier service subscription, and in the event any Stash Invest Account Holder elects to upgrade and/or downgrade their Stash platform tier subscription at any time. Stash may withhold or recover any Stock Rewards hereunder if Stash determines that such rewards were obtained under wrongful or fraudulent circumstances, or were awarded to you in error, or that you received an invitation to participate in this Program in error, or that inaccurate or incomplete information was provided when opening your account, or that any terms of our Advisory Agreement, Terms of Use, or these Program Terms have been violated. Program available to U.S residents only. This Program is not valid with any other promotions and is non-transferrable. 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.

 

Stash is not responsible for incorrect data entry or other failure on the part of any person to meet the eligibility requirements for this Program. Further, by choosing to participate in this Program, each Stash Invest Account Holder hereby acknowledges and agrees that this Program and all information provided hereunder, will be governed by Stash’s Privacy Policy and Terms of Use, which can be found at https://www.stash.com/disclosurelibrary

 

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 clients prior to Stash accepting a signed advisory agreement 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.

 

This Program is for informational purposes only, and you should not construe any such information or other materials as legal, tax, investment, financial, or other advice. All content associated with this Program is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this Program constitutes investment advice, nor does any information in this Program constitute a comprehensive and complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information displayed through this Program before making any decisions based on such information. In exchange for participating in this Program, you agree not to hold Stash, or any third party service provider liable for any possible claim for damages arising from any decision you make based on information made available to you through this Program. Participating in this Program is not an endorsement by you, and you should not construe participation by any other user in this Program to be an endorsement by any such user, of Stash’s investment advisory products or services, or of your or such user’s experiences as a Stash customer.

 

If, for any reason, the internet portion of this 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 this Program, Stash reserves the right in its sole discretion, to disqualify any individual who tampers with the entry process, and to cancel, terminate, modify or suspend the Program. In the event of termination, Stash may in its sole discretion award Stock Rewards to those who have satisfied the eligibility criteria set forth herein on a specific Party Date 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, entries. 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 entrant’s or any other person’s computer related to or resulting from participation or downloading any materials in this Program.

 

Stash Stars and Stocks Stock Party Rewards Program

Terms and Conditions 

 

Effective as of October 16, 2020 (the “Effective Date”) and applicable only to the Stash Stock Party offered by Stash to all Stash Invest Account Holders (as defined below) on November 2, 2020

 

General Description

 

The Stash Stock Party Rewards Program (the “Program”) is a rewards program offered by Stash Investments LLC (“Stash”), whereby Stash Invest Account Holders (as defined below) may earn fractional shares of stock of certain publicly-traded companies and/or exchange-traded funds (“Stock”), as specified below. This Program is subject to these Stash Stock Party Program Terms and Conditions (the “Program Terms”). By choosing to participate in this 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 a Stock Reward (as defined below) hereunder, you must be a Stash Invest Account Holder. For purposes of this Program, a “Stash Invest Account” is an individual taxable brokerage account advised by Stash that is in good standing. Each person who has completed the process of opening a Stash Invest Account as of or following the Effective Date will be deemed a “Stash Invest Account Holder” under these Program Terms. 

 

Stash reserves the right to determine in its sole 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 account opening documentation has been completed and verified, and is not locked, or restricted, or otherwise flagged in any way. If your Stash Invest Account is closed or not in good standing for any reason at any time, you will no longer be deemed a Stash Invest Account Holder and you will not be eligible to receive any Stock Rewards hereunder. 

 

Redeeming Your Stock Reward

 

On November 2, 2020, Stash will offer a predetermined amount of one specific Stock at 4:00 PM (ET) to any person that completes either set of eligibility steps outlined below, as applicable to such person, during the time periods also specified below. For purposes of these Program Terms, November 2, 2020 shall be referred to hereunder as the “Rewards Day”.

 

Eligibility Set #1: If you are a Stash Invest Account Holders as of 4:00 PM (ET) on the Rewards Day, then you must complete each of the following steps on the Rewards Day:

 

Step 1: you must visit the following unique link: https://party.stash.com/ 

 

Step 2: you must select the “Log In” icon that appears on the unique link and enter your login credentials (e.g. email and password) attributable to your Stash Invest Account; AND

 

Step 3: you must select the “Claim Stock” icon that will appear on the unique link attributable to such Stock Reward between 4:00 PM (ET) on the Rewards Day and 12:00 AM (ET) on November 3, 2020.

 

Eligibility Set #2: If you are not a Stash Invest Account Holder as of 4:00 PM (ET) on the Rewards Day, then you must complete each of the following steps on the Rewards Day:

 

Step A: you must visit the following unique link: https://party.stash.com/

 

Step B: you must select the “Sign Up For Stash” icon that appears on the unique link and enter a valid email address;

 

Step C: you must select the “Reserve Stock” icon that will appear on the unique link attributable to such Stock Reward prior to 12:00 AM (ET) on November 3, 2020;

 

Step D: you must then subsequently complete the registration process of opening a Stash Invest Account prior to 1:00 AM (ET) on November 3, 2020; AND

 

Step E: after you complete Step D, you will then receive an email from Stash to “Claim Your Stock” and you must select the “Claim Stock” icon that will appear in the email or go back and visit the unique link under Step A above and select the “Claim Stock” icon prior to 1:00 AM (ET) on November 3, 2020.

 

For the avoidance of doubt, you will not receive a Stock Reward hereunder on the Rewards Day if you: (i) on the Rewards Day, select the “No Stock for me” icon that appears on the unique link attributable to such Stock Reward under either Step 3 or Step C above, as applicable to you, and you do not subsequently complete the detailed steps applicable to you in the order outlined above in a timely fashion, or (ii) on the Rewards Day, otherwise fail to complete the detailed steps applicable to you in the specific order outlined above in a timely fashion.

 

Only Stash Invest Account Holders that complete either set of applicable steps outlined above in a timely fashion on the Rewards Day (each, an “Eligible Reward Recipient”) will be eligible to receive a Stock reward in an amount equal to the amount of total Stock that Stash is offering on the Rewards Day divided by the number of Eligible Reward Recipients (each such Stock reward, a “Stock Reward”). 

 

Calculating The Amount of Stock That Stash Will Offer On The Rewards Day

 

The total amount of Stock that Stash will offer on the Rewards Day will be calculated by Stash based on the following table:

 

Number of Eligible Rewards Participants On The Rewards Day

Total Amount of Stock Stash Will Offer On The Rewards Day

0 - 2,499

$100

2,500 - 4,999

$375

5,000 - 7,499

$1,000

7,500 - 9,999

$1,875

10,000 - 14,999

$3,000

15,000 - 19,999

$5,250

20,000 - 24,999

$8,000

25,000 - 29,999

$12,500

30,000 - 39,999

$16,500

40,000 - 49,999

$24,000

50,000 - 74,999

$32,500

75,000 - 99,999

$52,500

100,000 - 124,999

$80,000

125,000 - 149,999

$112,500

150,000 - 174,999

$150,000

175,000 - 199,999

$192,500

200,000 - 249,999

$240,000

250,000 - 299,999

$337,500

300,000 - 349,999

$450,000

350,000 - 499,999

$577,500

500,000+

$1,000,000

 

For example, if on the Rewards Day Stash is offering Stock of Company Y and there are 10,000 Eligible Rewards Recipients as of 1:00 AM (ET) on November 3, 2020, then Stash will offer a Stock Reward in the amount of $3,000 of Company Y Stock to all Eligible Rewards Recipients.

 

The amount of each Stock Reward offered through the Program shall be limited to a daily maximum cash value of $5.00 per Eligible Rewards Recipient on the Rewards Day, which shall be calculated by Stash in its sole discretion. In no event will you be eligible to receive a Stock Reward hereunder in excess of the limit described in the preceding sentence. Further, each Eligible Reward Recipient is only eligible to claim one (1) Stock Reward on the Rewards Day. The specific Stock that Stash may offer on the Rewards Day will be determined either by Stash in its sole discretion or through a voting process managed entirely by Stash. Eligible Rewards Participants will be notified on or about 1:00 (AM) ET on November 3, 2020 of their specific Stock Reward for the Rewards Day.

 

Crediting Your Stock Reward To Your Stash Invest Account

 

By accepting an offer to earn a Stock Reward, 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 (www.stash.com/investments/stocks/) 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 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 the ability to sell any Stock Reward earned under this Program, after you receive it in your Stash Invest Account.

 

Other Information

 

Stash Investments LLC is an SEC registered investment adviser. You may view our Wrap Fee Brochure and our Advisory Agreements at https://www.stash.com/disclosurelibrary. Stash is not responsible for any failure on your part to meet the standards for qualifying for this Program.  Stash reserves the right to amend or cancel this Program and/or these Program Terms at any time. The Stock Rewards available pursuant to this Program shall apply to any Stash platform tier service subscription, and in the event any Stash Invest Account Holder elects to upgrade and/or downgrade their Stash platform tier subscription at any time. Stash may withhold or recover any Stock Rewards hereunder if Stash determines that such rewards were obtained under wrongful or fraudulent circumstances, or were awarded to you in error, or that you received an invitation to participate in this Program in error, or that inaccurate or incomplete information was provided when opening your account, or that any terms of our Advisory Agreement, Terms of Use, or these Program Terms have been violated. Program available to U.S residents only. This Program is not valid with any other promotions and is non-transferrable. 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.

 

Stash is not responsible for incorrect data entry or other failure on the part of any person to meet the eligibility requirements for this Program. Further, by choosing to participate in this Program, each Stash Invest Account Holder hereby acknowledges and agrees that this Program and all information provided hereunder, will be governed by Stash’s Privacy Policy and Terms of Use, which can be found at https://www.stash.com/disclosurelibrary

 

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 clients prior to Stash accepting a signed advisory agreement 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.

 

This Program is for informational purposes only, and you should not construe any such information or other materials as legal, tax, investment, financial, or other advice. All content associated with this Program is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this Program constitutes investment advice, nor does any information in this Program constitute a comprehensive and complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information displayed through this Program before making any decisions based on such information. In exchange for participating in this Program, you agree not to hold Stash, or any third party service provider liable for any possible claim for damages arising from any decision you make based on information made available to you through this Program. Participating in this Program is not an endorsement by you, and you should not construe participation by any other user in this Program to be an endorsement by any such user, of Stash’s investment advisory products or services, or of your or such user’s experiences as a Stash customer.

 

If, for any reason, the internet portion of this 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 this Program, Stash reserves the right in its sole discretion, to disqualify any individual who tampers with the entry process, and to cancel, terminate, modify or suspend the Program. In the event of termination, Stash may in its sole discretion award Stock to those who have satisfied the eligibility criteria set forth herein on the Rewards Day 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, entries. 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 entrant’s or any other person’s computer related to or resulting from participation or downloading any materials in this Program.