Referrer Terms and Conditions

Through the Vested Referral program, registered users of Vested may invite friends to sign up for a “Vested” account (Vested refers to accounts of Vested Finance IA or VF Securities BD or Vested Finance Private Limited) by sending them an invitation via the Vested interface. Please note that US Stocks are offered through the affiliated Broker/Dealer VF Securities, Inc. (member of FINRA/SIPC).

Client responsibilities
1. This program intends for you to invite others to open a Vested account by utilizing the referral link and sharing tools provided. Whenever and wherever you refer a friend under the Program, any additional statements you make about our investment services must be consistent with the content and materials provided by Vested and truthful, accurate, factually supported, and not misleading
2. Any modification or efforts to bypass, manipulate, obscure, or otherwise modify the delivery and precise presentation of the referral link, sharing tools, content, disclosures, or other materials and instructions provided by Vested will be considered a violation of these terms.
3. To the extent you decide to post your referral link on any third-party website or platform, such as a social media website, you must also comply with that third party’s terms of use. In this manner, the referral link should only be used to contact known friends, family, or contacts and not as a general solicitation for Vested’s services.
4. You also acknowledge and accept that the friends you refer will be able to tell that you have a Vested account.
5. You must not hold yourself out as an employee or representative of Vested.
6. Please send invites only to people who will be glad to receive them.
7. You are prohibited from being involved with the referred account once the referral is complete. In particular, the referrer must agree not to:
  - Assist with the preparation of the referred client’s Vested account.
  - Train clients to use the Vested platform.
  - Maintain any relationship with the referred client regarding the referred client’s Vested account, including trading in the account.
  - Distribute advertising materials about Vested without Vested’s prior approval.
  - Gather or provide Vested with client applications or supporting materials.
  - Refer their own accounts.
Eligibility
1. Your participation in the Vested Referral program is subject to your agreement to the terms outlined here and adherence to truthful and accurate representations of Vested’s services. If you do not accept any such changes, your sole and exclusive remedy is to cease participation in the program.
2. To participate in the program, you must be a registered Vested user. You must have completed the KYC process for US Stocks or any one Indian alternative asset from Edge, INR Bonds, or Solar.
Program Overview
1. Invitation Process
  - Referrers can invite friends using the Vested interface, utilizing a referral link and sharing tools provided on the Vested platform.
2. Successful Referral Criteria
  - A “Successful Referral” is a new individual (“referee”) who has signed up to Vested using the unique designated link or code from your invitation and meets the below criteria:
    - The individual must deposit at least $50 to their US Stocks brokerage account within 30 days of signing up or invest in one of the Indian investment products (Edge, INR Bonds, or Solar) within 30 days of signing up.
  - This offer is valid only for new individual accounts with Vested. Vested is not responsible for your referees’ incorrect entry or other failures to meet the standards of a “Successful Referral.” You cannot earn referral rewards for referring individuals who already have a Vested account or those referred by someone else. Accounts opened with the same Tax ID/PAN or mobile numbers of existing Vested accounts are not considered Successful Referrals. If two or more individuals invite the same individual via Vested’s referral program, Vested will credit the referral bonus to the person whose referral link was used to complete the signup process.
3. Referral bonuses (Limited Time Diwali Offer 2024)
  For successful referrals (i.e. new signups) made between 29th to 31st October 2024, referrers will earn 2x bonuses on all deposits and investments made by their referrals in the entire month of November. The bonuses will be credited in USD for global products and INR for Indian products to your Vested account. Referral bonuses for this limited time offer include:
  - 30% of the trade fees paid by a Successful Referral on each trade for US Stocks (in USD). In the event that a trade doesn’t settle, Vested may reverse the bonus earned earnings on trade fees for that.
  - 0.30% of the deposits made by a Successful Referral in the US Stocks account. This is applicable only on deposits made via our partner banks (Axis Bank, HDFC Bank) through the Vested platform.
  - 0.30% of the investments made by a Successful Referral in INR Bonds (in INR).
  - 3% of the investments made by a Successful Referral in Solar (in INR). The referral bonus will only be credited after the project in which the Successful Referral has invested goes live.
4. Redeeming the referral earnings
  - Earnings can be redeemed for a minimum of 15 USD or 1,000 INR.
  - A referrer can earn a maximum of 1500 USD per year from global products and a maximum of 1,50,000 INR per year from Indian products for the investments made by their Successful Referrals.
  - Redemption requests for USD will be processed in batches with a maximum of 150 USD per batch if the redemption amount exceeds 150 USD, with each batch being processed once a day.
  - Redemption requests for USD will be made to your US Stocks brokerage account.
  - Redemption requests for INR will be made to the bank account details you provided in the KYC process for Edge, INR Bonds, or Solar and will be determined by the first KYC process you complete for Edge, INR Bonds, or Solar.
Program Modification and Termination
- Vested reserves the right to terminate this offer at any time, to alter or limit the type or amount of bonuses you are eligible to receive, and to refuse or recover any promotion award if Vested determines that it was obtained under wrongful or fraudulent circumstances, that inaccurate or incomplete information was provided in opening the account, or that any terms of the Brokerage or Advisory Agreement have been violated.
- Vested reserves the right to suspend, cancel, terminate, or modify this program and/or these terms and conditions at any time in its sole discretion.
- You are deemed aware of and bound by such changes by your continued access to or participation in the program.
- We will indicate that changes have been made by presenting these terms and conditions at the time of your referral, anytime after an update to these terms and conditions.
Restrictions on participation
- It is important to note that U.S. tax residents/citizens or individuals currently residing in the United States are not eligible to participate in the Vested Referral Program.
- Additionally, referrers must not operate a “place of business” where they regularly provide investment advisory services, solicit, meet with, or otherwise communicate with clients in any manner that is held out to the public in the U.S. This ensures compliance with regulatory standards and Vested’s operational policies.
- You agree to limit the information you provide in connection with the referral to the referral web page and content provided by Vested.
Legal and Regulatory Compliance
- In referring friends to open a Vested account, you are acting on behalf of Vested and under the supervision and control of Vested and hereby agree to perform duties under these terms and agreements in a manner consistent with Vested’s instructions.
- You agree that your participation in the Vested Referral program will conform to the terms contained herein as well as the provisions of the Investment Advisers Act of 1940, 15 U.S.C. § 80b-1, and the rules there under.
- Your Advisory Agreement with Vested governs our investment advisory relationship with you and these terms and conditions here do not in any way amend, supersede, change, or replace your Advisory Agreement.
- This promotion is not valid with any other offers and is non-transferable.
- Any controversy or claim arising out of or relating to these terms and agreements, or the breach thereof, shall be settled and subject to final and binding arbitration administered by the American Arbitration Association pursuant to its rules then in effect, and judgment on the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. Arbitration must be commenced by service of a written demand for arbitration or a written notice of intention to arbitrate upon the other party. Any such arbitration shall be held in the city and state where Vested’s principal office is located at the time such arbitration is commenced. The parties agree that there shall be no right or authority for any claims to be arbitrated on a class action basis, and you expressly waive any right to bring a class action lawsuit or arbitration against Vested.
- Consult with your tax advisor about the appropriate tax treatment for this offer and any tax implications associated with the receipt of a cash reward before enrolling.

Your participation in the Vested Referral Program is a testament to your agreement with these terms. 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 clients, 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 clients in any U.S. state. If you cannot accurately make the preceding representations, you may not participate in the Vested Referral program. If you are currently participating in the Vested Referral program and the preceding representations become inaccurate, you agree to inform Vested at help@vestedfinance.co. immediately.