Availability Incentives

2022 Earnings Guarantee

The 2022 Earnings Guarantee is a per-car Promotion that rewards Hosts who: 1) add Eligible Cars to an Eligible Market in accordance with these terms; 2) ensure that each Eligible Car meets certain availability, parking, and rating criteria during a given calendar month of ​​the 2022 Earnings Guarantee Period; and 3) do not receive Actual Earnings during a given calendar month of the 2022 Earnings Guarantee Period with respect to an Eligible Car that equal or exceed the 2022 Earnings Guarantee amount applicable to the Eligible Car.

The availability of the 2022 Earnings Guarantee in any given market, as well as the number of cars eligible for the 2022 Earnings Guarantee in each zip code of a market participating the 2022 Earning Guarantee (each, an “Eligible Market”), is determined by Getaround in its sole discretion. The number of openings for Eligible Cars in each zip code of an Eligible Market is strictly limited.

To opt-in to this Promotion, Hosts must contact their Getaround account manager, who will review the eligibility of the zip code(s) and car(s) requested by the Host. Upon written notice to Hosts, Getaround may, in its sole discretion, unenroll any car from this Promotion if such car does not meet the 2022 Earnings Guarantee Requirements specified below. Upon written notice to Getaround, Hosts may, in their sole discretion, unenroll any car from this Promotion, provided that Promotional amounts earned but unpaid (if any) as of the date of the notice of withdrawal shall be prorated according to the date of such notice.

An Eligible Car is any car approved by Getaround to participate in the 2022 Earnings Guarantee that also meets all of the following requirements (the “2022 Earnings Guarantee Requirements”) for a calendar month during the 2022 Earnings Guarantee Period (defined as March, April, June, July and August of 2022):

• The car must be listed on Getaround by a Host and not enrolled in any other Promotion (such as the New Frontiers Bonus).
• The car must conform to Getaround’s Vehicle Eligibility Requirements.
• The car must remain parked within the eligible zip code in which the car was initially listed whenever available for reservation on Getaround.
• The car must have predictive pricing enabled with the Getaround-recommended default settings for minimum daily price, and a minimum trip duration of 3 hours or less, without disabling predictive pricing for any car or changing from the Getaround-recommended settings at any time. Hosts should use the “Reset to recommended” button in their owner dashboards to satisfy this requirement.
• The car must be reserved or available for reservation on Getaround for at least 85% of the total hours in the calendar month. Exceptions may apply based on the occurrence of claims, safety recalls, or safety incidents during a Getaround trip that render the car inoperable.
• The trip cancellation rate for the car must remain below 10% during the applicable calendar month of the 2022 Earnings Guarantee Period. Cancellations applied to this rate include any cancellations initiated by (or at the request of) the Host, and any Host no-show event, unless the cancellation or no-show event directly results from an incident occurring during a Getaround trip that rendered the car inoperable.

 If a car meets all of the above requirements during a calendar month of the 2022 Earnings Guarantee Period, it is an Eligible Car that is eligible for the 2022 Earnings Guarantee for that month. The amount of the 2022 Earnings Guarantee applicable to an Eligible Car during a calendar month of the 2022 Earnings Guarantee Period depends on the following factors:

• The trip revenue actually generated by the car during the month (the “Actual Earnings”). If a car’s Actual Earnings exceed the 2022 Earnings Guarantee amount for which the car would otherwise be eligible during a calendar month, the Host of the car will not receive supplemental earnings in the form of the 2022 Earnings Guarantee amount.
• The calendar month of the 2022 Earnings Guarantee Period during which the car is enrolled in the 2022 Earnings Guarantee. Cars that are enrolled during the month of March 2022 may be eligible for an increased Promotion amount (the “Full Season Bonus”), provided that: 1) the car remains enrolled in the 2022 Earnings Guarantee on an uninterrupted basis throughout the entirety of the 2022 Earnings Guarantee Period, and 2) the car continuously satisfies the eligibility and availability requirements applicable to the 2022 Earnings Guarantee for each calendar month of the 2022 Earnings Guarantee Period. The Full Season Bonus is a one-time, per-car Promotion that is paid to eligible hosts within two calendar months of the completion of the 2022 Earnings Guarantee Period. The amount of the Full Season Bonus applicable to a given car equals the car’s total availability percentage during the 2022 Earnings Guarantee Period (which in no event may be less than 85%), multiplied by the 2022 Earnings Guarantee amount applicable to the car for the month of August 2022, and further prorated according to the the total hours remaining in March 2022 immediately after the car has been enrolled in the 2022 Earnings Guarantee, if the car was enrolled after the first hour of March 2022.
• The average trip rating maintained by the car during the calendar month. Cars that maintain an average trip rating of 4.5 may be eligible for an increased Promotion amount (the “Car Quality Incentive”).
• The number of hours in the applicable calendar month during which blocks of any length have been placed on the Getaround calendar of the car, unless the applicable calendar block is removed at least 48 hours before its start time.
• The number of hours in the applicable calendar month during which the car is otherwise unavailable for reservation, such as when a trip in that car has been canceled by the Host, the car has been temporarily deactivated, or the car has been permanently removed from the platform.
• The total hours remaining in the applicable calendar month immediately after the car has been enrolled in the 2022 Earnings Guarantee and made available for reservation in connection with such enrollment, if the car was enrolled after the first hour of that month.

 The 2022 Earnings Guarantee is added to the earnings of eligible Hosts within two calendar months immediately following the applicable calendar month during which the Promotion was earned.

 Questions about the 2022 Earnings Guarantee can be submitted by selecting the “Host Bonus Program” option from within the help section of the Getaround app.