So the way the redemption process works is that you pick between Fallout 4 VR + Tiltbrush and Everest VR and Richie's Plank Experience + Tiltbrush when you redeem the code. It sounds like you chose the "All Ages" package during code redemption.
"Welcome to the desert of the real."
If your base station has a Fault 02/03 error or a red light or both, the ONLY solution is to contact our support on vive.com and set up an RMA. There is no user fix for this issue.