StashWorks Program

Terms and Conditions

Effective May 20, 2024

General Description

StashWorks is a program (the “Program”) for eligible employees as designated by their employer, which employer has an effective contractual arrangement with Stash Financial, Inc. (“Employees” or “Employee” and “Employer”, respectively) offered by Stash Financial, Inc., and its affiliates (collectively, “Stash”). The Program provides eligible Employees with access to the Stash Website (the “Website”) and/or Stash mobile applications (together with the Website, the “Stash Platform”) through their Employer’s benefits package, including the ability to enable transfers of all or a portion of an Employee’s paycheck to the Employee’s Stash Banking Account (“Stash Banking Account”) (such Program is referred to herein as “StashWorks”). As an Employee, you are eligible to participate in this Program, subject to these terms and conditions (the “Terms”) and the terms and conditions of any other agreement you enter into in connection with the Program and the products and services provided to you by Stash. This Program is not administered by the Employer. By participating in the Program, you accept and agree to these Terms.

Subscription Fee Waiver

To participate in the subscription fee waiver aspect of this Program, you must satisfy the following conditions: (i) receive an invitation from your Employer or Stash to enroll in StashWorks; and (ii) have an individual taxable brokerage account advised by Stash Investments LLC that is in good standing (a “Personal Portfolio”). For the avoidance of doubt, in the event you do not complete the designated registration process required for opening a brokerage account and/or are not approved by Stash or its agents to open such brokerage account, you are not eligible to participate in this Program.

If you satisfy all the conditions in the previous paragraph, you will be eligible to receive a waiver of your monthly Stash Fee as defined in your Advisory Agreement with Stash Investments LLC (as amended, the “Advisory Agreement”). Stash will (i) waive the entirety of your $3 monthly Stash Fee attributable to the Stash Growth platform tier if you choose to enroll in Stash’s Growth platform tier as defined in your Advisory Agreement OR (ii) waive $3.00 off your $9 monthly Stash Fee attributable to the Stash Plus platform tier (so you will pay $6/month as the Stash Fee for your Stash Plus platform tier) if you choose to enroll in Stash’s Plus platform tier as defined in your Advisory Agreement (either such waiver, a “Fee Waiver”) until the earlier of (i) 90 days after you are no longer an employee of an Employer, (ii) 90 days after your Employer and Stash’s contractual relationship terminates for any reason, (iii) 90 days after Stash determines in its sole discretion to terminate this Program, (iv) your Advisory Agreement is terminated pursuant to the terms and conditions thereof, and (v) one or more of your brokerage accounts are closed or not in good standing for any reason at any time. Stash Investments LLC may, from time to time and in its sole discretion, determine to permit you to elect to modify your Stash billing frequency from monthly to annual. In such case, the Fee Waiver shall still apply in the form of a one-time credit of (1) the entirety of your annual subscription in the case of a Stash Growth annual subscription or (2) a $36 credit toward your annual subscription in the case of a Stash Plus annual subscription. You will not be entitled to a refund, cash or otherwise, of either of the foregoing credits in the event that (i) you are no longer an employee of an Employer, (ii) your Employer and Stash’s contractual relationship terminates for any reason, (iii) Stash determines in its sole discretion to terminate this Program, (iv) your Advisory Agreement is terminated pursuant to the terms and conditions thereof, and (v) one or more of your brokerage accounts are closed or not in good standing for any reason at any time.

Other than the waiver as described above, all terms and conditions applicable to the Stash Fee and/or ancillary or other fees due, in each case as described in the Advisory Agreement, apply as set forth therein. Accordingly, you will remain responsible for any Stash Fees you owe for a given month or year following the end of your eligibility for such waiver, as well as any ancillary fees you owe, which are not included in your Fee Waiver. A list of such ancillary fees is included in our Advisory Agreement.

Smart Portfolio Rewards

To receive rewards under the Program, in addition to satisfying all the conditions required for the subscription fee waiver, you must also (i) open a Smart Portfolio, which is a discretionary account managed by Stash Investments LLC (a “Smart Portfolio”), and have such account in good standing AND (ii) have at least one direct deposit payment from your Employer or an agent thereof posted to your Stash Banking Account (such payment, a “Contribution”).

If you satisfy all the conditions in the previous paragraph, Stash will credit your Smart Portfolio in an amount equal to the amount(s) specified in your offer message and subject to the terms and conditions of such offer (including, but not limited to, the maximum number and amount of rewards or credits). Any such rewards will be fulfilled in an investment as provided herein ( a “Smart Mix Reward”) until the earlier of (i) you are no longer an Employee of an Employer, (ii) your Employer and Stash’s contractual relationship terminates for any reason, (iii) Stash determines in its sole discretion to terminate this Program, (iv) your Advisory Agreement is terminated pursuant to the terms and conditions thereof, and (v) one or more of your brokerage accounts are closed or not in good standing for any reason at any time. For the avoidance of doubt, Stash may rescind any offer to receive a Smart Mix Reward hereunder in its sole discretion prior to acceptance by you without notice to you. You may not substitute your Smart Mix Reward for cash. For more information on your Smart Portfolio, please refer to your Advisory Agreement. You are only eligible to receive one (1) Smart Mix Reward offer under this Program; offers may not be combined or aggregated in any way. The cash value of your Smart Mix Reward, as such amount may be subject to change due to market fluctuations, must remain in your Smart Portfolio for ninety (90) calendar days beginning from the date the cash is deposited into your Smart Portfolio and for the entirety of the 90-day period in order to not be subject to forfeiture by Stash.

Crediting Your Smart Mix Reward

By accepting an offer to earn a Smart Mix Reward, you are making a decision to invest in the specific Smart Mix assigned to you by Stash Investments LLC, and you agree that it is your responsibility to review and carefully consider the underlying target investments included in your Smart Mix, including the information available to you through the Stash Platform about such underlying investments. You will be deemed to have done so once credited with a Smart Mix Reward hereunder. Neither this Program itself, nor the investments available to be earned through it, is a recommendation to buy any such specific investment. The value of any Smart Mix 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, including the investments included in your Smart Mix. Stash reserves the right to change the list of investments available on the Stash Platform and/or the list of investments comprising your Smart Mix at any time and from time to time without notice to you.

By accepting a Smart Mix Reward hereunder, you are agreeing to initiate a “buy” order in your Smart Portfolio for such underlying investments included in your Smart Mix in accordance with both the amount of your Smart Mix Reward and the asset allocations attributable to your Smart Mix. To deliver a Smart Mix Reward to your Smart Portfolio, Stash Investments LLC will deposit the monetary amount of your Smart Mix Reward into your Smart Portfolio and automatically initiate a “buy” order for the underlying investments included in your Smart Mix in accordance with both the amount of your Smart Mix Reward and the asset allocations attributable to your Smart Mix. By accepting an offer to earn a Smart Mix Reward, you are authorizing Stash Investments LLC to direct, and Stash Capital LLC to execute, any orders to buy the specific investments offered to you consistent with your Smart Mix Reward. A Smart Mix Reward may take up to five (5) business days to be reflected in your Smart Portfolio. For the avoidance of doubt, you have the ability to sell any Smart Mix Reward earned under this Program after you receive it in your Smart Portfolio. By participating in this Program, you grant Stash Investments LLC the limited discretionary authority required to complete the securities transactions necessary to fulfill the Smart Mix Reward. Specifically, Stash Investments LLC will have discretion over the cash credited to your Smart Portfolio pursuant to these Program Terms only to the limited extent necessary to fulfill your Smart Mix Reward. This discretionary authority is in addition to the limited discretionary authority you have already granted to Stash Investments LLC pursuant to your Advisory Agreement.

Direct Deposit Authorization

Although Stash may facilitate the implementation and modification of direct deposit payments from your Employer or an agent thereof for credit and posting to your Stash Banking Account (such payments, “Contributions” and the amount elected your “Contribution Amount”), direct deposit payments are not affected by Stash. Direct deposits are subject to the terms and conditions of the Deposit Account Agreement entered into by you in connection with the opening of your Stash Banking Account. There may be limitations or delays related to updating your Contribution Amount, and it exclusively depends on the timing of the Employer’s Payroll. If you are an existing customer of Stash and have direct deposit set up through your Stash Banking Account when you enter the Program, your existing direct deposit election can satisfy the requirements of the rewards program eligibility.

Opting Out of the Program

You may opt out of the rewards portion of the Program at any time by updating your Contribution Amount within the Stash Platform to $0.00 or contacting your Employer and changing your direct deposit elections so that $0.00 is deposited to your Stash Banking Account. For the avoidance of doubt, your decision to make adjustments to Contribution Amounts, both within the Stash Platform and with your Employer, is in your sole control and your Employer does not take an active role in making any such adjustments if done through the Stash Platform. There may be limitations or delays related to updating your Contribution Amount, and it exclusively depends on the timing of the Employer’s Payroll. If you opt-out of the rewards portion of this Program, you will no longer receive cash or stock rewards through StashWorks.

Changes to the Program

Stash reserves the right to amend, modify, or cancel the Program or these Program Terms at any time, for any reason, upon prior notice to you. Pursuant to the Stash ESIGN Agreement you executed concurrently with your Advisory Agreement, you acknowledge that the usual way Stash will provide you notices of amendments to or cancellation of this Program, is by posting such notices on the “Legal” section of www.stash.com or on the Stash mobile applications, and, to the extent required by applicable law or if Stash decides in its sole discretion, Stash will provide you with notice directing you to the Stash Platform through emails linking to the Website, other emails, in-app messages, text messages, traditional mail, or by other means. Notwithstanding anything herein, we do not have to provide you with prior notice of any amendments to the Program that are beneficial to you. You agree that, by continuing to participate in the Program after Stash posts a new version of the Program Terms, you will be deemed to have agreed to and accepted the revised Program Terms following the effective dates of any such amendment shall be subject to all terms and conditions of this Program as so amended.

Termination of Program

This Program automatically terminates upon the earliest of (i) you are no longer an Employee of an Employer, (ii) your Employer and Stash’s contractual relationship terminates for any reason, (iii) Stash determines in its sole discretion to terminate this Program, (iv) your Advisory Agreement is terminated pursuant to the terms and conditions thereof, and (v) one or more of your brokerage accounts are closed or not in good standing for any reason at any time.

StashWorks Offboarding Process

Following termination of the Program as a result of (i) you no longer being an Employee of an Employer or (ii) termination of the Employer’s contractual relationship with Stash, if you would like to retain access to the Stash Platform, you must (1) accept all required agreements to access the Stash Platform and (2) agree to pay the Stash Fee attributable to your platform tier as defined under your Advisory Agreement. If you do not complete the above steps within 90 days and we do not collect the Stash Fee in the first billing period 90-days post termination, we may limit or completely terminate our services or your access to the Stash Platform, as described under your Advisory Agreement.

Other Information

Stash Investments LLC is an SEC-registered investment adviser. You may view our Wrap Fee Brochure and our Advisory Agreement at www.stash.com/disclosurelibrary. You remain responsible for ancillary fees that are not included in the monthly Stash Fee (as defined in your Advisory Agreement). A list of such ancillary fees is included in our Advisory Agreement. Stash Cash Management LLC has entered into a business relationship with Stride Bank N.A. in order for the banking services to be made available to clients of Stash Cash Management LLC and its affiliates. This Program is not sponsored or administered by Stride Bank N.A. Investing Involves Risk. This Program is subject to Stash’s Privacy Policy at: www.stash.com/theprivacypolicy.

The 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 Investments LLC accepting a signed Advisory Agreement does not constitute investment advice and should not be relied on as such. Investment products, Smart Mix Rewards, and services are offered by Stash, not Stride Bank, and are Not FDIC Insured, Not Bank Guaranteed, and May Lose Value. 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.

Stash reserves the right to amend or cancel this Program and/or these Program Terms at any time. Stash may withhold or recover any Smart Mix Rewards if Stash determines that such Smart Mix Reward were obtained under wrongful or fraudulent circumstances, or that you received an invitation from Stash to participate in this Program in error, or was awarded to you 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. This Program is available to U.S residents only. This Program is not valid with any other promotions and is non-transferable. The value of a Smart Mix Reward hereunder may be taxable income to you. You are responsible for any federal or state taxes resulting from the receipt of a Smart Mix Reward hereunder and should consult your tax advisor if you have questions about the tax treatment of a Smart Mix Reward.

If, for any reason, 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 that 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 this Program, and to cancel, terminate, modify or suspend this Program. In the event of termination, Stash may, in its sole discretion, award a Smart Mix Reward 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, this 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 person’s computer related to or resulting from participation in this Program.