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Premier Membership Addendum

This WeSave Premier Membership Addendum (the “Premier Addendum”) includes by reference all the terms and conditions of the Basic Membership Terms and is entered into between WeSave, Inc. (“WeSave”, “Company”, “we”, “us”, “our”) and the applicant (“Premier Member”, “you”, “your”) when you accept these additional terms, each a “party” and collectively the “parties” on the date your application and login credentials are accepted by WeSave.

Attention: By clicking the “JOIN” button displayed here, the following terms and conditions will be legally binding upon you personally. You should carefully read the following agreement governing WeSave memberships before clicking “JOIN.” By clicking the JOIN button, this Agreement shall be deemed executed pursuant to California Civil Code section 1633.8 and the federal Electronic Signatures in Global and National Commerce Act, 15 U.S.C. Sec. 7001, et seq., as amended from time to time (the “E-Sign Act”). Doing so constitutes an acknowledgment that you and we agree to conduct the transaction electronically and are able to electronically receive, download, and print these Membership Terms.

1.  Acceptance of Terms

  1. 1.1 During our current crowdfunding campaign, when you buy a “Unit” of stock for $200, you will receive 50 shares of common stock, 1 share of Series P preferred stock and a 1-year free subscription for a Premier Membership ($150 value) and all the benefits associated with being a shareholder in the Company and a Premier Member.
  2. 1.2 To purchase a Unit of stock and become a Premier Member, you must be 18 years of age, a legal resident in the United States of America, complete the application, sign a Unit Purchase Agreement, be verified by our licensed Broker Dealer (for KYC/AML purposes) and agree to these membership terms. 
  3. 1.3 This Premier Addendum sets forth the terms and conditions regarding your Premier Membership and defines your use of the Site and its Services. By using the Services, you agree to these Premier Membership Terms. If you do not agree to these terms, then please do not use the Site or our Services.  
  4. 1.4 Capitalized terms not defined in the context of a sentence in this Premier Addendum are defined in the Basic Agreement, Program Policies, Site Terms of Use, and/or on the Site itself.

2.  WeSave Premier Membership

  1. 2.1 Once your Unit stock purchase is complete, we will grant you a Premier Membership at no additional charge for one year following your consent to these terms and conditions when you click on the ‘JOIN’ button. 
  2. 2.2 To renew your annual subscription for a Premier Membership (“Membership”), you must pay the current purchase price at that time.  It is currently set at $150.00 per year (the “Per Membership Price”).  WeSave reserves the right to modify the annual Premier Membership Fee in its sole discretion.
  3.  2.3 This Premier Addendum includes specific terms and conditions for WeSave’s Premier Members only and do not apply to Basic Members. However, all Premier Members are bound by and subject to the terms and conditions of WeSave’s Basic Membership.
  4. 2.4 As a Premier Member, you may access and use all the Services WeSave provides and receive all the related benefits subject to their policies, or rules that can be accessed on our Program Policies page. 
  5. 2.5 Once your Unit purchase has been completed, we will issue you 50 shares of common stock and 1 share of Series P preferred stock and add you to the cap tables for each class of stockYou will be eligible for any common stock dividends issued by the Board of Directors based on overall Company profitability and how profits will be allocated to protect and grow the CompanyAs a preferred stockholder, you will also be granted the right to receive a pro-rata share of the Series P preferred Dividend Allocation Account or “Pool” that all Premier Members share in.  This account is funded separately from a percentage of gross revenues collected by the Company from Coalition Marketing Fees or “CMFs” paid to the Company by merchants on all qualified purchase transactions.   CMFs typically represent 10% of the retail price of any product sold through the WeSave Platform and do not include any other items of Company income. 
  6. 2.6 The preferred shares are convertible into a pro-rata number of shares of the Company’s common stock equal upon a change of control, which includes the sale of the Company, substantially all of its assets, a public offering, or other liquidation. 
  7. 2.7 Following a 48-month collection and accrual period in an interest-bearing Preferred Dividend Allocation Account (or “Pool”), a percentage of the Pool may be issued as a Preferred Dividend on a pro-rata basis to shareholders. 
  8. 2.8 As a Premier Member, you will have access to your own online, password-protected back-office Member Dashboard. The Member Dashboard is your gateway to your transaction data, announcements, and other reward information. WeSave reserves the right to require Premier Members to provide other government issued documentation to verify their identity. 
  9. 2.9 On top of the benefits of a Basic Membership, Premier Members are eligible to receive an additional Premier Member Bonus Referral Reward (See Refer-a-Friend Rules).  Premier Members can also earn and/or be awarded Premier Equity Points they can use to exchange for additional ownership of the Company’s Series P preferred stock.  For example, if you pay shipping fees for a product, we will match the dollar amount with Equity Points.  (For more information, please see Premier Equity Points Rewards Rules). 

3.  Term and Renewal  

  1. 3.1. The Premier Membership you were granted when you successfully purchased your first Unit of stock shall have an effective date upon the date you agree to these terms and conditions (by electronically indicating acceptance by clicking on the JOIN button linked to this Addendum and will continue for a term of twelve (12) months before it expires unless:
    1. 3.1.1 You manually renew your Premier Membership before its expiration; or
    2. 3.1.2 You enroll in the Auto-Renewal Program when we launch that later this year; or
    3. 3.1.3 Your Member Account is terminated by you or WeSave.
  1. 3.2. Unless canceled or terminated, if you fail to renew your Premier Membership, you will automatically revert back to WeSave’s Basic Membership status and forfeit any further or future benefits or rewards related to your prior Premier Membership. Notwithstanding termination for fraud and subject to applicable law, cancellation or termination of your Premier Membership Account will not result in a loss or forfeiture of any of your shares of stock or their associated dividend rights which have already been issued to you during the Term. 


4.  Responsibilities 

  1. 4.1. The Premier Member is solely responsible for their Membership, including the annual Membership fee and you’re Member Account maintenance. If your login Credentials become compromised, or you suspect any security breaches related to your Account or the Services, you agree to immediately notify WeSave by using our Chat feature on the bottom right-hand corner of WeSave.com or by emailing us at help@wesave.com

5.  Cancellation 

  1. 5.1 Premier Members may cancel their Membership at any time online through their Member Dashboard or by using our Chat feature on the bottom right-hand corner of WeSave.com or by emailing us at help@wesave.com.

6.  Final Provisions 

  1. 6.1 This Premier Addendum supplements the WeSave Basic Membership Terms. All provisions not specifically addressed in this Premier Addendum are governed by the Basic Membership Terms. In case of any conflict between this Premier Addendum and the Basic Membership Terms, the terms of this Premier Addendum shall prevail.

 

Last Updated: August 1, 2024