Premier Equity Points Rewards Rules
Equity as a Reward: By subscribing for a Premier Membership, we want to reward your loyalty. In addition to the other benefits you receive as a Premier Member, you will also earn 2% Premier Equity Points (or “Equity Points”) on all your purchases.
Earning Premier Equity Points:
- Increase your ownership: You can redeem your Equity Points for more Series P preferred stock in WeSave, Inc.
- To earn and use Equity Points, you must be an active Premier Member with a Member Account in good standing.
- Equity Points are automatically earned on purchase transactions made through www.wesave.com and at participating local retail brick-and-mortar Merchants.
- Transactions will be tracked to your Member Account and reflected on your Member Dashboard. You can log in to your Member Account anytime to see your purchases and the associated Equity Points Rewards balances.
- Even though all purchases qualify for Equity Points, WeSave reserves the right to award Equity Points for any reason, including as incentives, promotions, or as a token of appreciation for your loyalty.
- Each Equity Point is valued at $0.01 and can be redeemed for Series P preferred stock. Accumulate 15,000 Equity Points (which equals $150) to redeem them for one share of Series P preferred stock. Fractional shares of stock will not be issued.
- Matching Equity Points: As a Premier Member, we will match the dollar value of your shipping costs with Equity Points. For example, if you pay $10 for shipping on a product you bought from one of our merchants, we will reimburse you with $10 worth of Equity Points towards more stock.
- WeSave is not responsible for the misuse or loss of Equity Points once issued to your Member Account. If you suspect fraudulent activity, notify us immediately at help@wesave.com.
- Equity Points do not expire for active Members. If your account is terminated, canceled, or inactive for 12 months, we will clear any Equity Points balance without penalty or liability, adhering to applicable state escheatment laws.
- These rules are subject to change at any time without notice.
- If you believe Equity Points were not properly credited to your account, notify us at help@wesave.com within 30 days of the qualified purchase. We will investigate and resolve any discrepancies on a best-efforts basis.
- Since Equity Points can only be redeemed for Series P preferred stock, ensure your personal information is current and accurate when redeeming Equity Points. You will need to sign a preferred stock purchase agreement each time you redeem Equity Points. No additional fees are involved.
- Upon the death of an Equity Points holder, ownership will transfer to the designated beneficiary in the will or living trust. Absent such designation, state intestacy laws will apply. For domestic relations settlements, applicable law will govern. If an Equity Points holder is declared mentally disabled, control of Equity Points will transfer to the appointed guardian or conservator according to pre-existing instructions, such as those in a durable power of attorney or living trust.
Last Updated: September 12, 2024