Crowded Referral Program Terms and Conditions

Summary

This document outlines the terms and conditions for Crowded’s Referral Program. It covers eligibility, how the program works, rewards, restrictions, and legal considerations. By participating in the program, you agree to these terms.

1. Binding Agreement
   By using the Crowded website at https://www.bankingcrowded.com (the “Site”) or participating in the Crowded Referral Program (the “Program”), you agree to be bound by these Terms and Conditions (“Terms”). All decisions made by Crowded regarding the Program are final and binding.
   
   
2. Privacy
   We collect, process, and use personal information as part of the Program in accordance with Crowded’s Privacy Policy (https://bankingcrowded.com/legal/privacy-policy/).
3. Program Eligibility
   The Program is open to all individuals listed on an active Crowded customer profile with an email address on file. An “active customer” is defined as a customer with a bank account* through Crowded (Account) that has been logged into or has transactional activity within the last 12 months and is in good standing. For the avoidance of doubt, “in good standing” shall mean that your Account does not have a negative cash balance and you are not in breach of any agreements between you and Crowded or any of its affiliates or partners (e.g., you have not engaged in any illegal or fraudulent activity related to your Account or the Program and you have not misused your Account or the Program in any way).
   

* Crowded Technologies Inc is a financial technology company and is not a bank. Banking services provided by TransPecos Banks, SSB; Member FDIC.

1. How the Program Works
    A.  Navigate to the Crowded Referral Form (www.bankingcrowded.com/referrals), and follow the on-screen instructions. You become a “Referrer” once you receive your unique referral link (“Personal Link”).
   B. Share your referral link with other nonprofits that do not have an Account. When the new Customer (the “Referred Friend”) uses your Personal Link they will be prompted to apply to open an Account.
   C. Once the Referred Friend successfully opens an Account, Crowded will verify the information to determine if the Referrer is eligible for a reward under the Program.
   D. The reward amount varies based on whether the Referred Friend is a chapter/independent nonprofit or a Headquarters (HQ) nonprofit.
       1. A HQ nonprofit is a parent nonprofit organization with at least 5 sub chapters and qualifies for a $100 referral award.
      2. A chapter or independent nonprofit is either a sub-entity of a larger nonprofit organization, or an independent nonprofit organization with fewer than 5 sub-entities and qualifies for a $25 referral award.
      3. The classification of a Referred Friend (HQ and chapter) is determined solely by Crowded. Crowded reserves the right to refuse processing of any Referral if it suspects a violation of these Terms.
   E. Crowded will send an email to the Referrer confirming any referral award, to the email provided in the referral submission form.
2. Rewards
   A. Referrers can earn a maximum of $500 in cumulative reward value per calendar year.
   B. Rewards are granted solely to the Referrer and may be issued in the form of Account credits, gift cards, or other forms as determined solely by Crowded.
   C. Eligible Referrers will receive an email.
   D. Rewards might not have any cash value and cannot be transferred, sold, or exchanged.
   E. Rewards will be issued within 30 business days of a successful referral, subject to these terms.
3. Restrictions
   A. Referrers cannot refer themselves or create multiple, fictitious, or fake Accounts.
   B.Individuals that are removed from the Crowded customer profile before the Referred Friend successfully opens an Account may not be eligible to receive the referral award.
   C. Each individual may maintain only one Referrer account.
   D. The Program may not be used to violate any law, infringe on any third-party rights, or engage in any harassing, harmful, illegal, or obscene behavior.
   E. You may not use any system, bot, or other automated means to participate in the Program.
   F. Crowded employees, contractors, and their immediate family members are not eligible to participate in the Program.
4. Modification or Termination of the Program
   Crowded reserves the right to modify, suspend, or terminate the Program, or any part thereof, at any time for any reason, with or without notice. In the event of termination of the Program, any rewards earned prior to termination will be honored according to these Terms.
5. Liability Limitation
   To the fullest extent permitted by law, Crowded and its affiliates, partners, and employees (collectively, the “Released Parties”) shall not be liable for any direct, indirect, incidental, special, consequential, or exemplary damages resulting from participation in the Program. This includes, but is not limited to, damages for loss of profits, goodwill, use, data, or other intangible losses.
6. Disclaimer of Warranties
   The Program is provided on an “as is” and “as available” basis. Crowded makes no warranties, express or implied, regarding the Program, including but not limited to warranties of merchantability, fitness for a particular purpose, and non-infringement.
7. Indemnification
   By participating in the Program, you agree to indemnify and hold harmless the Released Parties from any claims, actions, damages, losses, liabilities, costs, or expenses arising from your participation in the Program or violation of these Terms.
8. Spam and Bulk Distribution
   Referrals must be made in a personal manner appropriate for communications with friends, colleagues, and family members. Bulk email distribution or spam is strictly prohibited and may result in immediate suspension or disqualification from the Program.
9. Account Security
   You are responsible for maintaining the confidentiality of your Account credentials. Notify Crowded immediately if you suspect unauthorized access to your Account.
10. Disqualification
    Crowded reserves the right to disqualify any user from the Program if they do not comply with these Terms.
11. Governing Law
    These Terms shall be governed by and construed in accordance with the laws of אhe State of Delaware, without regard to its conflict of law provisions.
12. Updates to Terms
    Crowded may update these Terms from time to time. The most current version will always be available on the Site. Your continued participation in the Program indicates your acceptance of any updated Terms.