Terms & Conditions - BMO InvestorLine 2018 Winter Campaign

1. Limit of one offer per client. In the case of a joint account, only the primary account holder will be entitled to receive the cash back Award.
2. Net new assets are cash and securities sourced from a non-BMO Wealth Management account. The Promotion Account cannot be funded by transferring funds directly or indirectly from another investment account with BMO InvestorLine, BMO Nesbitt Burns Inc., BMO Private Investment Counsel Inc., or BMO Investments Inc. This will be tracked from the beginning of the Promotion Period (January 2, 2018) through to Wednesday, October 31, 2018 (the "Holding Period"). Withdrawals across any of your BMO InvestorLine accounts during the Holding period will be deducted from your Net New Assets. If any such withdrawals cause your Net New Assets to drop below the minimum threshold, you will not qualify for the Award – PLEASE SEE POINTS 7 a) and b) FOR FURTHER CLARITY ON THIS MATTER.
3. Your Award:
   1. If you choose the Cashback Award, it will be paid into the Promotion Account the week of November 12, 2018, provided you comply with all requirements outlined in these Terms and Conditions including maintaining the minimum Net New Assets balance in your Promotion Account and across all your InvestorLine accounts as of January 2, 2018 until October 31, 2018 – PLEASE SEE POINTS 7 a) and b) FOR FURTHER CLARITY ON THIS MATTER. You will see the cash back for Winter Promo on your account statement.
   2. If you chose the Free Trades Award:
      1. Your free equity trade commission period begins one business day after you:
         • Enter the Promotion code TRADES into the online application at the time of account opening, or
         • Sign-up for the Promotion using the Opt-in Page.
      2. Your free equity trade commission period ends on June 1, 2018
      3. Your free trades will only apply to EQUITY trades made on your promotion account. For greater clarity:
         • option transactions are excluded from this offer
         • trades cannot be applied on any other account than the promotion account
      4. You will receive a Credit (the “Credit”) for your qualifying free trades the week of November 12, 2018. You will be credited the value of the trade commission for equity trades placed through the BMO InvestorLine website or mobile app. The Credit shall not exceed $200, $400 or $750 CDN - depending on the amount of net new assets you transfer into your qualifying account.
4. The Winter Offer cannot be combined with any other offer except with the Refer a Friend Promotion. For details on this program, please see Refer a Friend Terms and Conditions.

GENERAL TERMS of the Winter Promotion

5. You may only have one (1) Promotion Account. If you open more than one Promotion Account during the offer period, the following criteria will be used to select the Qualifying Account that will receive the Award, in descending priority:
   1. The Qualifying Account with the highest Net New Asset transfer as of April 30, 2018 will be automatically selected to maximize your Award.
   2. Cash Qualifying Accounts will be selected over registered or margin Qualifying Accounts;
   3. The Qualifying Account with the most recent opening date will be selected; and
   4. If more than one Qualifying Account is opened on the same date, the Qualifying Account with the lower account number will be selected.
6. Deposits that are split across more than one account will not be considered for eligibility when calculating whether you meet the net new asset minimum threshold (for example, $50K in a RRSP and $50K in a Non-registered account cannot be combined to reach the $100K threshold).
7. Withdrawals across any of your BMO InvestorLine accounts during the Holding period will be deducted from your Net New Assets. You will not qualify for the Award if during the Holding Period withdrawals across any of your BMO InvestorLine accounts cause your Net New Assets to drop below the minimum threshold.
   
   To further illustrate this point please review the scenarios below:
   
   1. Before the promotion period Tim had an overall balance of $250K in a non- registered account. During the promotion period he opens a new RRSP account with a $250K deposit ($100K was the min. requirement to meet promotion eligibility). During the holding period, he withdraws $100K from his non-registered account. This brings his Net New Assets (across his accounts) to $150K. Since $150K is above the minimum threshold, he qualifies for the $200 cash back OR 20 FREE equity trades.
   2. Before the promotion period Anna had an overall balance of $300K in her non-registered account. During the promotion period she opened a new RRSP account with a $300K deposit. During the holding period, she withdraws $100K from her non-registered account. This brings her Net New Assets (across her accounts) to $200K. Since $200K falls within the second tier threshold, she qualifies for the $400 cash back OR 40 FREE equity trades.
8. The Promotion Account must be in good standing throughout the Holding Period in order to qualify for the Award. If during the Holding Period the Promotion Account has: (a) been in a debit position, (b) had unfunded margin calls, or (c) had outstanding documentation or other items, the Promotion Account may be deemed ineligible, in our sole discretion. No outstanding documentation or any other outstanding items should be pending on your Promotion Account during the Holding Period.
9. You will continue to qualify for the Award if during the Holding Period market fluctuations cause your Net New Assets to fall below the minimum threshold.
10. BMO InvestorLine may cancel, revise, or change the terms of the Promotion (including the Promotion Period) at any time.
11. There may be tax implications to the Award. For registered accounts, no tax receipt will be issued for the Award. If you require tax advice, please contact your personal tax advisor.
12. BMO Employee Share Ownership Plan transfers are not permitted and are not eligible and are not included in this Promotion. No exceptions will be made.