Common use of Prerequisite Clause in Contracts

Prerequisite. Proof of Deposit Items are presented in a clean and orderly fashion. Items are presented in the industry standard format of: • not greater than *** items per batch and • listing for each bundle (Pre-encoded work) • Item order matching listing (Pre-encoded work) • If multiple amounts, correct amount circled • Items are encoded with routing/transit number, account number and proper Xxxx code • Currency must not be included • All items oriented in the same direction • Single in separate bundles • Bank by mail separated Proof of Deposit and Pre-encoded Items are delivered to Aurum according to the following schedule: Business Days Business Day Monday – Thursday Fridays ***% by 17:00 ***% by 18:00 ***% by 19:00 ***% by 20:00 The Pre-encoded Items MICR reject rate will not exceed ***%. [***] Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 406 of the Securities Act of 1933, as amended. SCHEDULE F SERVICE LEVEL STANDARDS Measurement Monthly Proof Item volume. Customer maintained log of MICR amount field encoding errors. Encoding errors reported to Aurum for review, validation and tracking. Inclearing reject (amount and account number) volume based on information obtained from system-generated reports. Customer maintained log of MICR reject reentry amount and account number errors according to source Reject reentry errors to be reported by Customer to Aurum for review, validation and tracking. The total number of POD amount field-encoding errors occurring in a calendar month and reported by the Client will be divided by the total number of POD items processed by Aurum in the same month to determine accuracy rate. An amount field encoding error that affects both Items in a single Item transaction will be considered *** encoding error. The total number of Inclearing item reject reentry errors occurring in a calendar month and reported by The Client will be divided by the total number of Inclearing items rejected and reentered by Aurum in the same month to determine accuracy rate.

Prerequisite. Proof Delivery of Deposit Items are presented notice and check files from Customer’s Data Processing Services Provider by 3:00 A.M. each Business Day. Checks to be printed on single ply laser check stock Performance Standard This Performance Standard consists of two (2) parts: ***% of notices and checks will be printed and available for release to Customer or Customer’s courier by 11:00 a.m. each Business Day ***% of the time in a clean calendar month. In the event that Aurum misses the release deadline and orderly fashionCustomer’s courier has departed from Aurum, Aurum may, at its option and expense deliver notices to Customer’s administrative offices on the same business day. Items are presented in In such instances, Aurum will not be deemed to have missed the industry standard format of: • not greater Performance Standard. Missing the Notice Printing delivery deadline more than *** items per batch and • listing for each bundle (Pre-encoded work) • Item order matching listing (Pre-encoded work) • If multiple amounts, correct amount circled • Items are encoded with routing/transit number, account number and proper Xxxx code • Currency must not be included • All items oriented time in the same direction • Single in separate bundles • Bank by mail separated Proof of Deposit and Pre-encoded Items are delivered to Aurum according to the following schedule: Business Days Business Day Monday – Thursday Fridays a calendar month will create an Occurrence. ***% by 17:00 of notices will be printed, rendered and bear a postmark date not exceeding ***% by 18:00 * Business Day after receipt from Customer’s Data Processing Services Provider. Missing the Notices Rendition deadline more than ***% * time in a calendar month will create an Occurrence. Measurement Monthly courier log maintained by 19:00 ***% Aurum and Customer. Monthly report of notice activity maintained by 20:00 Aurum Customer maintained log of end-customer complaints. Complaints from end-customers forwarded to Aurum for review, validation and tracking. The Prenumber of Business Days in a calendar month when notices were available for on-encoded Items MICR reject rate time release will not exceed ***%be divided by the total number of Business Days in the calendar month to determine the percentage of notices ready for on-time release. The number of on-time notices rendered in a calendar month will be divided by the total number of notices rendered to determine the percentage of notices released on-time. [***] Represents material which has been redacted and filed separately with the Commission pursuant to a request for confidential treatment pursuant to Rule 406 of the Securities Act of 1933, as amended. SCHEDULE F SERVICE LEVEL STANDARDS Measurement Monthly Proof Item volume. Customer maintained log of MICR amount field encoding errors. Encoding errors reported to Aurum for review, validation and tracking. Inclearing reject (amount and account number) volume based on information obtained from system-generated reports. Customer maintained log of MICR reject reentry amount and account number errors according to source Reject reentry errors to be reported by Customer to Aurum for review, validation and tracking. The total number of POD amount field-encoding errors occurring in a calendar month and reported by the Client will be divided by the total number of POD items processed by Aurum in the same month to determine accuracy rate. An amount field encoding error that affects both Items in a single Item transaction will be considered *** encoding error. The total number of Inclearing item reject reentry errors occurring in a calendar month and reported by The Client will be divided by the total number of Inclearing items rejected and reentered by Aurum in the same month to determine accuracy rate.STANDARDS