Program Overview

Through the Program, you may earn $10 (or another advertised US Dollar amount) worth of credit to your Snowball account by referring the specified number of users who register (using your personal referral link) create an approved Snowball Account when available in their area. This credit is called a Referral Reward. I UNDERSTAND AND AGREE THAT IN ORDER TO BE ELIGIBLE TO RECEIVE A REFERRAL REWARD, I MUST BE A RESIDENT OF A TERRITORY IN WHICH I MAY USE THE SNOWBALL PLATFORM AND HAVE SUCCESSFULLY GONE THROUGH THE KYC PROCESS TO CREATE AN APPROVED ACCOUNT AND DEPOSIT OF $250 IS MADE. In order to create an approved Snowball account, users must meet certain eligibility requirements, provide support documentation, and reside in a location included in Snowball’s list of eligible jurisdictions.

How it works:

• Start by visiting the referrals page on the app or the web app. From this page you can copy your referral link or send an invite email to a friend.
• Your friends can click the referral link (or the link in the email) and sign up for a Snowball account.
• They will then complete their account (KYC) and initiate a buy in one ofour supported states/countries.
• If your friend visits Snowball and initiates a buy of $250 USD or more (or 250 USD equivalent of your domestic currency) within 180 days of opening his or her account, you will receive a 10 USD (or 10 USD equivalent of your domestic currency) referral bonus when the order completes. Orders can take up to 4 business days to complete.

Pending Bonuses

Payment upon creating an approved Snowball account, you shall be credited with a “pending” Referral Reward (if applicable). Snowball agrees to pay applicable Referral Rewards, by crediting your Snowball Account, within 30 days of you claiming the applicable reward through the Snowball Platform. The applicable amount of credit will be determined at the time of payment. I acknowledge and agree that if I do not receive an approved Snowball account, I am not eligible to collect any “pending” Referral Reward. In addition, I acknowledge and agree that if a friend I refer does not receive an approved Snowball Account within the first 30 days of the platform’s availability on the app store, their referral will not count towards the number needed to receive a Referral Reward.

I acknowledge and agree that I am solely responsible for all taxes arising from receipt, acceptance or use of my Referral Reward (including sales, income and property tax, if applicable). I acknowledge and agree that I may be required to complete an IRS Form W-9, which requires disclosure of my social security number, and an IRS Form 1099 reflecting the value of my Referral Reward will be issued to me as required by law.

Certain Limits

Snowball provides you with tools to share your referral code and link. Any communications that you do make in connection with referrals must be honest and accurate, and disclosure that you may receive a Referral Reward (OR ANOTHER US Dollar amount). As part of your participation in the Program, you understand and agree that you are responsible for making truthful and accurate statements in connection with any referrals and can be held liable for any false or misleading statements you make. Any emails that you send under the Program must comply with federal CAN-SPAM Act requirements. Information about the CAN-SPAM Act is available athttps://www.ftc.gov/tips-advice/business-center/guidance/can-spam-act-compliance-guide-business.You are solely responsible for complying with the requirements of this section, and Snowball will not be responsible for your failure to do so. Failure to comply with these requirements will result in immediate termination of your Program participation. In addition, you may be responsible for any resulting damages.

Snowball reserves the right to refuse payment of Referral Rewards if (i) Snowball believes, in good faith, that a user has committed fraud, that a registration or referral is not legitimate, or that a user does not qualify for a Snowball Account; or (ii) an applicable legal authority determines that the Program violates any statute, regulation or other legal requirements.

I understand that Snowball reserves the right to change or modify these Referral Terms, at Snowball’s sole discretion. Without limitation, Snowball may terminate the Program at any time; provided that, unless the Program is terminated due to the requirements of an applicable legal authority, Snowball will honor any pending Referral Rewards properly credited to your account prior to the termination of the Program. I understand that these Referral Terms may be amended by Snowball, with revised terms posted on the Website, emailed to me, or by any other means that Snowball may choose to adopt in the future. The method of notification for any changes to these Referral Terms shall be at Snowball’s sole discretion. All changes and modifications will be effective immediately upon posting or sending such notification to me via electronic means. I understand that my continued use of the Snowball Platform, accessing my Snowball Account or participating in the Snowball Service constitutes an act of acceptance with respect to any such changes or modifications that Snowball may make. If I do not agree to the terms in effect when I am accessing my Snowball Account, I must stop using the Snowball Platform.

Independent Contractor Relationship

You acknowledge and agree that nothing herein authorizes you to act on behalf of Snowball and that nothing herein shall be construed to constitute or imply a joint venture, employer-employee relationship, partnership or association between you and Snowball.

Questions

If you have any questions on the referral program terms and conditions, please contact us at:

Snowball Finance Inc.
399 Fremont St.
San Francisco, CA 94105
info@snowball.money
‍LAST AMENDED DATE: July. 14, 209