Common use of Agreement period and termination of the agreement Clause in Contracts

Agreement period and termination of the agreement. The agreement is entered into for an indefinite period. The account holder and Eurocard may terminate the agreement for any reason, subject to giving one month’s notice. The account holder and Eurocard may terminate the agreement with immediate effect if the other party has committed a material breach of the agreement. Eurocard may also terminate the agreement with immediate effect if: • required by applicable law, decision of authorities, Mastercard network regulations or SEB Group policies, or; • the account holder has given Eurocard false or misleading information, or omitted to provide or update information requested by Eurocard. The agreement shall cease to apply with immediate effect if the account holder is suspending payments, is declared bankrupt, commences negotiations with the aim of making a composition with creditors or enters into liquidation. When the agreement is terminated, the right to use the Eurocard Single-Use Account for new transactions shall cease to apply simultaneously. In this situation, account information which can be traced to the Eurocard Single-Use Account shall be destroyed as soon as possible. The agreement shall apply, where applicable, to all debt that is charged to the account. This means, among other things, that the account holder shall be responsible for payments in respect of transactions made before the agreement is terminated but not posted to the account until after the date of termination and for transactions that are completed even though the right to use the Eurocard Single-Use Account has ceased to apply.

Agreement period and termination of the agreement. The agreement is entered into for an indefinite periodshall apply until further notice. The account holder and Eurocard may terminate the agreement for any reason, subject to giving one month’s notice. The account holder and Eurocard may also terminate the agreement with immediate effect if the other party has committed a material breach of the agreement. Eurocard may also terminate the agreement with immediate effect if: ; • required by applicable law, decision of authorities, Mastercard network regulations or SEB Group policies, or; or • the account holder or cardholder has given Eurocard false or misleading information, or omitted to provide or update information requested by Eurocard. The agreement shall cease to apply with immediate effect if the account holder is suspending ceases to make payments, is declared bankrupt, commences negotiations with the aim of making a composition with creditors proceedings or enters into liquidation. If a card has not been used for the last 24 months Eurocard has the possibility to close the card and terminate the agreement without notifying the account holder/cardholder. When the agreement is terminated, the right to use the Eurocard Single-Use Account card for new transactions shall cease to apply simultaneously. In this such a situation, account information which can be traced to the Eurocard Single-Use Account card shall be destroyed as soon as possibleimmediately. The agreement shall apply, where applicable, to all debt that is charged to the account. This means, among other things, that the account holder shall be responsible for payments in respect of transactions made before the agreement is terminated but not posted to on the account until after the date of termination and for transactions that are completed made even though the right to use the Eurocard Single-Use Account card has ceased to apply.

Agreement period and termination of the agreement. The agreement shall apply for a period of 12 months. If the agreement has not been terminated by either party, the agreement is entered into for an indefinite periodthen extended by one calendar year at a time. The account holder and Eurocard may terminate the agreement for any reason, subject to giving one month’s notice. The account holder and Eurocard may also terminate the agreement with immediate effect if the other party has committed a material breach of the agreement. Eurocard may also terminate the agreement with immediate effect if: • required by applicable law, decision of authorities, Mastercard network regulations or SEB Group policies, or; or • the account holder or cardholder has given Eurocard false or misleading information, or omitted to provide or update information requested by Eurocard. The agreement shall cease to apply with immediate effect if the account holder is suspending ceases to make payments, is declared bankrupt, commences negotiations with the aim of making a composition with creditors or enters into liquidation. If a card has not been used for the last 24 months Eurocard has the possibility to close the card and terminate the agreement without notifying the account holder/cardholder. When the agreement is terminated, the right to use the Eurocard Single-Use Account card for new transactions shall cease to apply simultaneously. In this such a situation, account information which can be traced to the Eurocard Single-Use Account card shall be destroyed as soon as possibleimmediately. The agreement shall apply, where applicable, to all debt that is charged to the account. This means, among amongst other things, that the account holder shall be responsible for payments in respect of transactions made before the agreement is terminated but not posted to on the account until after the date of termination and for transactions that are completed made even though the right to use the Eurocard Single-Use Account card has ceased to apply.