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Subscription and Service Agreement

 

Red Capital Partners , LLC

7315 Wisconsin Ave #410W, Bethesda, MD 20814 

gored@redcapital.partners support@redcapital.partners

(844) 554-6213

 

SUBSCRIPTION SERVICE AGREEMENT

This document is intended solely for investment purposes and is not intended for sale or distribution. It has not been registered under the Securities Act of 1933, as amended (the "Act"). Accordingly, this document may not be sold, transferred, or assigned ("transferred") unless it is subsequently registered under the Act or an exemption from such registration is available, and the issuer provides written consent to such transfer.

 

This Subscription Service Agreement (the "Agreement") is made and produced by 

 

Maker : RED CAPITAL PARTNERS, LLC

Address: 7315 Wisconsin Ave #410W, Bethesda, MD 20814

  

 

 

1. Subscription for Certificate of Deposit

The Maker agrees to purchase a Certificate of Deposit from its network of over 3,000 insured banks, to match the terms listed in this agreement, or exceed them.

2. Terms of Investment

Principal Amount: The principal amount of the CD is defined the the User, during the Registration and Selection process, which the User is investing in the Maker.

Interest Payments: The Maker agrees to pay interest amounting to the percentage of the yield of the instrument on a annual basis or monthly basis (as selected by the User). 

Maturity Date: The principal amount, along with any unpaid accrued interest, will be repaid to the User, one year after Registration and Purchase of the product. 

3. Subscription Payment

The Holder agrees to deliver the subscription payment to the Maker no later than 48 hours after Registration and Selection.. The funds may be delivered via secure bank transfer or ACH Transfer.

 

4. Acceptance of Subscription

The Maker reserves the right to accept or reject this subscription, in whole or in part, at its sole discretion. If the subscription is rejected, the Maker will return any funds received from the Subscriber within 30 business days of such rejection.

​

5. Early Withdrawal, Account Closure, and Process

Early Withdrawal: The Holder acknowledges that early withdrawal of the principal amount from the CD prior to the maturity date is not permitted without the Maker's prior written consent. If the Holder chooses to withdraw the entire investment early, the Maker will close the Subscriber's CD account.

Withdrawal Request Process: The Holder must send a formal request to the Maker via email to support@redcapital.partners in order to withdraw their investment. The request must clearly state the intention to withdraw the full CD investment early.

Processing Period: Upon receipt of the email request, the Maker will process the account closure and withdrawal within 30 calendar days. During this period, interest payments may cease, and any applicable penalties will be applied.

Penalties for Early Withdrawal: The Maker may impose penalties or reduce the accrued interest as per the terms and conditions of the CD agreement in the event of an early withdrawal.

6. Repayment Terms

Monthly Interest Payments: The Maker will pay the Holder monthly interest based on the agreed interest rate and the invested principal.

Final Payment: On the maturity date, the Maker will repay the full principal amount to the Holder, concluding the CD agreement.

7. Default and Remedies

In case of default by the Maker, such as failure to make interest payments or return the principal amount at maturity, the Holder may pursue legal remedies to recover the amount due, including any unpaid interest, as provided under applicable law.

8. Securities Act Restriction

This Note has not been registered for sale under the Act. This Note may not be sold, offered for sale, pledged, assigned or otherwise disposed of, unless certain conditions are satisfied, as more fully set forth in the Subscription Agreement.

9. Entire Agreement

This Agreement represents the entire understanding between the parties concerning the subscription for the Certificate of Deposit and supersedes any prior agreements, communications, or understandings, whether written or oral.

 

 

Arbitration Clause

 

 Dispute Resolution by Arbitration

 

Any dispute, controversy, or claim arising out of or relating to this contract, or the breach, termination, or invalidity thereof, shall be settled by arbitration in accordance with the following provisions:

 

1. Initiation: Any party may initiate arbitration by serving written notice to the other party(ies) of its intent to arbitrate.

 

2. Arbitrator Selection: The arbitration shall be conducted by a single arbitrator. The parties shall mutually select the arbitrator within 30 days of the notice of intent to arbitrate. If the parties cannot agree on an arbitrator, each party shall appoint one arbitrator, and the two appointed arbitrators shall select a third arbitrator who shall serve as the sole arbitrator for the dispute.

 

3. Rules: The arbitration shall be conducted in accordance with the Commercial Arbitration Rules of the American Arbitration Association in effect at the time of the arbitration.

 

4. Location: The arbitration proceedings shall take place in Washington D.C., unless otherwise agreed by the parties.

 

5. Language: The language of the arbitration shall be English.

 

6. Confidentiality: The arbitration proceedings and all related documents shall be kept confidential by all parties and the arbitrator.

 

7. Award: The arbitrator shall issue a written, reasoned award within 90 days of the conclusion of the arbitration hearing. The award shall be final and binding on all parties.

 

8. Enforcement: Judgment upon the award rendered by the arbitrator may be entered in any court having jurisdiction thereof.

 

9. Costs: The costs of arbitration, including the arbitrator's fees and expenses, shall be shared equally by the parties unless the arbitrator determines otherwise in the award.

 

10. Continuing Obligations: The parties agree to continue performing their respective obligations under this contract while the arbitration is pending, except for those obligations that are the subject of the arbitration.

 

 

11. Severability: If any provision of this arbitration clause is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

 

12. Waiver of Jury Trial: By agreeing to arbitration, the parties waive their right to a jury trial.

 

This arbitration clause shall survive the termination or expiration of this contract.

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©2024 Red Capital Partners. All Rights Reserved.

Important Notice Regarding FDIC Insurance

Red Capital is a digital savings platform that does not hold or claim to hold Federal Deposit Insurance Corporation (FDIC) insurance. We believe in complete transparency with our users regarding the nature of our services and protections. For more information about specific coverage and protections for your funds, please review your service agreement or contact our customer service team.

Red Capital is a financial technology company, not a bank. Banking services are provided by our partner banks.

For clients based in the United States, payment services for Red Capital are facilitated through our licensed money transmitter partners in compliance with federal and state regulations.
 

Our payment services partner is registered with FinCEN and authorized to transmit money in 39 states.

Customer funds are securely held in custodial deposit accounts through RedCapital.Partners . By using our services, each customer authorizes our partner custodian bank to hold their funds in these accounts to facilitate deposits and withdrawals for various bank and credit union products requested through RedCapital.Partners. The custodian bank does not dictate the terms of these products nor offer advice to customers regarding them.
 

Accredited Investor Information

Important Notice Regarding Investment Products and Services:

 

While not all Red Capital products require accredited investor status, certain offerings are limited to accredited investors as defined by SEC regulations. An accredited investor is generally defined as an individual with:

- Annual income exceeding $200,000 ($300,000 for joint income) for the past two years with the expectation of maintaining the same level or higher, or

- Net worth exceeding $1 million (excluding primary residence), either individually or jointly with a spouse

 

Account Structure and Relationship:

When participating in our services, you do not establish a direct agreement with any Product Bank. Instead, you appoint Red Capital as your custodian for funds deposited in CDs, MMDAs, or held in Cash Accounts at Product Banks. We maintain and manage these Deposit Accounts as your custodian.

 

This information is provided for general educational purposes only and should not be construed as financial or investment advice. Please consult with qualified financial professionals regarding your specific situation.

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