Common use of Checking Sub-Accounts Clause in Contracts

Checking Sub-Accounts. If you have a checking Account, your Account consists of a transaction sub-account and a savings sub-account. This structure is for internal accounting purposes only and will not affect your available balance, service charges, FDIC insurance, interest earnings, your periodic statement, or any other feature of your Account. Funds not routinely needed to pay debits may be periodically transferred to the savings sub-account. A transfer from the savings sub-account back to the transaction sub- account will fund items in excess of the balance in the transaction sub-account. The remainder of your balance will be maintained in the transaction sub-account. If interest is paid on your Account balance, the interest calculation will be the same for both the savings sub-account and the transaction sub-account. If interest is not paid on your account balance, the savings sub-account will be non-interest bearing. PRECAUTIONS TO REDUCE THE RISK OF UNAUTHORIZED TRANSACTIONS There are actions that you can take to protect the security of your Account. Such measures include protecting the security of passwords, promptly reviewing bank statements for unauthorized activities, and immediately reporting suspicious activity to Bank. Bank makes certain Treasury Management products or services available (e.g., ACH and Check Payee Positive Pay) to you that are designed to detect and/or deter check and ACH fraud and reduce the likelihood that counterfeit, altered checks or any other unauthorized transactions, including ACH, will be paid. These products and services will not prevent fraud unless you implement them. You agree that if you fail to implement any of the products or services, or you fail to follow these and all other precautions reasonable for your particular circumstances, you will be precluded from asserting claims against Bank for paying unauthorized, altered, counterfeit or other fraudulent items that such product, service, or precaution was designed to detect or deter, and Bank will not be required to re-credit your Account or otherwise have any liability to pay such items. Additionally, if your Account is for business purposes, you agree to pursue all rights you may have under the insurance coverage you maintain before making a claim against the Bank in connection with any transaction involving your Accounts. In any event, Bank will consider your claim only after it has been given an opportunity to review your insurance company’s decision, and Bank’s liability to you, if any, will be reduced by the amount your insurance company pays you. Notwithstanding anything to the contrary, Bank may limit or restrict access to or freeze funds held in your Account to reduce risk to you or the Bank. ELECTRONIC RECORDINGS Bank is authorized, but not obligated, to record electronically and retain telephone conversations between you (including any of your agents or representatives) and Bank. Accordingly, you agree that Bank may monitor and/or record your telephone and electronic communications in connection with your Account at any time, without further notice. The parties hereby agree that Bank may produce the telephonic or electronic recordings or computer records as evidence in any proceedings brought in connection with this Agreement and you hereby acknowledge the validity and enforceability of such telephonic or electronic recordings.

Checking Sub-Accounts. If you have a checking Account, your Account consists of a transaction sub-account and a savings sub-account. This structure is for internal accounting purposes only and will not affect your available balance, service charges, FDIC insurance, interest earnings, your periodic statement, statement or any other feature of your Account. Funds not routinely needed to pay debits may be periodically transferred to the savings sub-account. A transfer from the savings sub-account back to the transaction sub- sub-account will fund items in excess of the balance in the transaction sub-account. The remainder of your balance will be maintained in the transaction sub-account. If interest is paid on your Account balance, the interest calculation will be the same for both the savings sub-account and the transaction sub-account. If interest is not paid on your account balance, the savings sub-account will be non-interest bearing. PRECAUTIONS TO REDUCE THE RISK OF UNAUTHORIZED TRANSACTIONS There Precautions are actions that you can take to protect the security of your Account. Such These include such measures include as protecting the security of passwords, promptly reviewing bank statements for unauthorized activities, and immediately reporting suspicious activity to Bankus. Bank makes We may also make certain Treasury Management products or and/or services available (e.g., ACH and Check Payee Positive Pay) to you that are designed to detect and/or deter check and ACH fraud and reduce the likelihood that counterfeitfraudulent, unauthorized or altered checks or any other unauthorized transactions, including ACH, items will be paid. These products and services will not do nothing to prevent fraud unless you implement them. You agree that if you fail to implement any of the products or services, or you fail to follow these and all other precautions reasonable for your particular circumstances, you will be precluded from asserting claims against Bank us for paying unauthorized, altered, counterfeit or other fraudulent items that such product, service, or precaution was designed to detect or deter, and Bank we will not be required to re-credit your Account or otherwise have any liability to pay such items. AdditionallyASSIGNABILITY This Agreement will be binding on your personal representative, if your Account is for business purposesexecutors, you agree to pursue all rights you may have under the insurance coverage you maintain before making a claim against the Bank in connection with any transaction involving your Accounts. In any event, Bank will consider your claim only after it has been given an opportunity to review your insurance company’s decisionadministrators and successors, and Bank’s liability to youon our successors and assigns. You may not grant a security interest in, if anytransfer, will be reduced by the amount your insurance company pays you. Notwithstanding anything to the contrary, Bank may limit or restrict access to or freeze funds held in assign your Account to reduce risk anyone other than us without our written consent. If ownership is proposed to you be transferred, we may require the Account be closed and a new Account opened in the name of the transferee or the Bank. ELECTRONIC RECORDINGS Bank is authorized, but not obligated, to record electronically and retain telephone conversations between you (including any of your agents or representatives) and Bank. Accordingly, you agree that Bank may monitor and/or record your telephone and electronic communications in connection with your Account at any time, without further notice. The parties hereby agree that Bank may produce the telephonic or electronic recordings or computer records as evidence in any proceedings brought in connection with this Agreement and you hereby acknowledge the validity and enforceability of such telephonic or electronic recordingspledgee.

Checking Sub-Accounts. If you have a checking Account, your Account consists of a transaction sub-account and a savings sub-account. This structure is for internal accounting purposes only and will not affect your available balance, service charges, FDIC insurance, interest earnings, your periodic statement, or any other feature of your Account. Funds not routinely needed to pay debits may be periodically transferred to the savings sub-account. A transfer from the savings sub-account back to the transaction sub- sub-account will fund items in excess of the balance in the transaction sub-account. The remainder of your balance will be maintained in the transaction sub-account. If interest is paid on your Account balance, the interest calculation will be the same for both the savings sub-account and the transaction sub-account. If interest is not paid on your account balance, the savings sub-account will be non-interest bearing. PRECAUTIONS TO REDUCE THE RISK OF UNAUTHORIZED TRANSACTIONS There are actions that you can take to protect the security of your Account. Such measures include protecting the security of passwords, promptly reviewing bank statements for unauthorized activities, and immediately reporting suspicious activity to Bank. Bank makes certain Treasury Management products or services available (e.g., ACH and Check Payee Positive Pay) to you that are designed to detect and/or deter check and ACH fraud and reduce the likelihood that counterfeit, altered checks or any other unauthorized transactions, including ACH, will be paid. These products and services will not prevent fraud unless you implement them. You agree that if you fail to implement any of the products or services, or you fail to follow these and all other precautions reasonable for your particular circumstances, you will be precluded from asserting claims against Bank for paying unauthorized, altered, counterfeit or other fraudulent items that such product, service, or precaution was designed to detect or deter, and Bank will not be required to re-credit your Account or otherwise have any liability to pay such items. Additionally, if your Account is for business purposes, you agree to pursue all rights you may have under the insurance coverage you maintain before making a claim against the Bank in connection with any transaction involving your Accounts. In any event, Bank will consider your claim only after it has been given an opportunity to review your insurance company’s decision, and Bank’s liability to you, if any, will be reduced by the amount your insurance company pays you. Notwithstanding anything to the contrary, Bank may limit or restrict access to or freeze funds held in your Account to reduce risk to you or the Bank. ELECTRONIC RECORDINGS Bank is authorized, but not obligated, to record electronically and retain telephone conversations between you (including any of your agents or representatives) and Bank. Accordingly, you agree that Bank may monitor and/or record your telephone and electronic communications in connection with your Account at any time, without further notice. The parties hereby agree that Bank may produce the telephonic or electronic recordings or computer records as evidence in any proceedings brought in connection with this Agreement and you hereby acknowledge the validity and enforceability of such telephonic or electronic recordings.

Checking Sub-Accounts. If you have a checking Account, your Account consists of a transaction sub-account and a savings sub-account. This structure is for internal accounting purposes only and will not affect your available balance, service charges, FDIC insurance, interest earnings, your periodic statement, or any other feature of your Account. Funds not routinely needed to pay debits may be periodically transferred to the savings sub-account. A transfer from the savings sub-account back to the transaction sub- account will fund items in excess of the balance in the transaction sub-account. The remainder of your balance will be maintained in the transaction sub-account. If interest is paid on your Account balance, the interest calculation will be the same for both the savings sub-account and the transaction sub-account. If interest is not paid on your account balance, the savings sub-account will be non-interest bearing. PRECAUTIONS TO REDUCE THE RISK OF UNAUTHORIZED TRANSACTIONS There are actions that you can take to protect the security of your Account. Such measures include protecting the security of passwords, promptly reviewing bank statements for unauthorized activities, and immediately reporting suspicious activity to Bank. Bank makes may also make certain Treasury Management products or and/or services available (e.g., ACH and Check Payee Positive Pay) to you that are designed to detect and/or and/ or deter check and ACH fraud and reduce the likelihood that counterfeitfraudulent, unauthorized or altered checks or any other unauthorized transactions, including ACH, items will be paid. These products and services will not do nothing to prevent fraud unless you implement them. You agree that if you fail to implement any of the products or services, or you fail to follow these and all other precautions reasonable for your particular circumstances, you will be precluded from asserting claims against Bank for paying unauthorized, altered, counterfeit or other fraudulent items that such product, service, or precaution was designed to detect or deter, and Bank will not be required to re-credit your Account or otherwise have any liability to pay such items. Additionally, if If your Account is for business purposes, you agree to pursue all rights you may have under the insurance coverage you maintain before making a claim against the Bank in connection with any transaction involving your Accounts. In any event, Bank will consider your claim only after it has been given an opportunity to review your insurance company’s decision, and Bank’s liability to you, if any, will be reduced by the amount your insurance company pays you. Notwithstanding anything to the contrary, Bank may limit or restrict access to or freeze funds held in your Account to reduce risk to you or the Bank. ELECTRONIC RECORDINGS Bank is authorized, but not obligated, to record electronically and retain telephone conversations between you (including any of your agents or representatives) and Bank. Accordingly, you agree that Bank may monitor and/or record your telephone and electronic communications in connection with your Account at any time, without further notice. The parties hereby agree that Bank may produce the telephonic or electronic recordings or computer records as evidence in any proceedings brought in connection with this Agreement and you hereby acknowledge the validity and enforceability of such telephonic or electronic recordings.