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IIIV�I��A��IIIII Image Deposit Direct Service Terms I JPMORGAN CHASE BANK, N.A. V2.2_'I'I_06_09 1. Service Terms. These Image Deposit Direct (IDD) Service Terms ( "Service Terms ") state the terms and conditions that govern Customer's use of the IDD Service (the "Service "). These Service Terms supplement the deposit account terms governing Customer's deposit account(s). These Service Terms and the deposit account terms (collectively, the "Account Documentation ") may be amended from time to time. The deposit account terms are hereby ratified and affirmed, and are incorporated herein and shall continue to apply in all respects, as amended hereby. By acknowledging or signing the applicable Account Documentation or by using or continuing to use the Service, Customer agrees to these Service Terms. 2. The Service. The Service allows Customer to make certain electronic deposits of eligible checks and items (which eligible checks and items are limited to personal checks, money orders, business checks and traveler's checks payable in U.S. Dollars and drawn on a U.S. banks or US Postal Service Money Orders), by using a capture device to create an electronic image of a paper check or other paper source document ( "Item ") by scanning the Item and transmitting it and related data to Bank. As part of the Service Customer must use software and hardware provided by or acceptable to Bank. Customer is solely responsible for information or data that is transmitted, supplied or key- entered by Customer, Customer employees or agents. Before Customer scans any Item, Customer shall endorse all Items with the legend "For Deposit Only" and the Customers name or account number unless otherwise provided for by the Bank. a- Customer agrees that after the Item has been scanned and submitted for deposit, Customer shall not otherwise transfer or negotiate the original Item, substitute check or any other image of the Item. Customer further agrees that Customer shall be solely responsible for the original Items, including storage, retrieval and destruction. Customer must have in place procedures and policies to protect the original Items and secure procedures in place for storage and destruction of the Items. b. Customer agrees that the electronic image of the Item or any substitute check, as defined by federal law, will become the legal representation of the Item for all purposes, including return items processing. c. If Bank receives the submitted deposit transmission of an Item no later than 7:00 p.m. Eastern Standard Time on a business day ( "Cutoff Time ") that the Bank is generally open for business, Monday through Friday excluding weekends and state or federal holidays ( "Business Day "), Bank will consider that day to be the day of deposit. If Bank receives a submitted deposit transmission of an Item after the Cutoff Time or on a weekend or a state or federal holiday, Bank will consider that the deposit was made on the next Business Day. The Cutoff Time reflects the time displayed on the Bank's internal system clocks and may not necessarily be synchronized with the internal clock displayed on Customer's computer. For this reason, Bank suggests that Customer transmits any submitted deposit to Bank sufficiently in advance of such Cutoff Time to eliminate the possibility of missing the cutoff. Submkted deposit transmissions entered after the Cutoff Time or on non - Business Days will be considered entered on the next Business Day. d. Customer agrees to pay the Bank's fees for the Service. e- The term of the Service is two (2) years. After the expiration of the initial two year term, the Service shall continue on a month to month basis. f. Customer is responsible for making certain that only eligible Items are sent to Bank through this Service. Any item sent through this Service that is not eligible as set forth in 2 a. above will be handled at Customer's sole risk and liability. 3. Item Processing. If the electronic files and /or images transmitted to Bank with respect to any Item do not comply with its or its processor's requirements for item type submitted, content, batch size and /or format, the Customer shall be solely responsible for any related loss related to the processing of such Item, including if the Bank, in its sole discretion: a. further transmits the Item and data in the form received from Customer; b. repairs or attempts to repair the Item or data and then further transmits it; c. processes the Item as photocopies in lieu of originals; or d. returns the data and Item to Customer unprocessed and charges back Customer's account. 4. Warranties. Customer represents and warrants to Bank that: a. any image Bank receives accurately and legibly represents all of the information on the front and back of the original Item as of the time the original Item is truncated; b. the information Customer transmits to Bank corresponding to an Item contains a record of all applicable MICR -line information required for a substitute check and the accurate amount of the Item; c. the Item conforms to the technical standards for an Electronic Item set forth in Regulation J, or Federal Reserve Bank operating circulars and for a substitute check set forth in Regulation CC; PN: 363374 DOC ID: 9C /TY OF saNra stNa -Nov. �s, 2o�oPage 2l of 25