Common use of Responsibility of PPI Clause in Contracts

Responsibility of PPI. PPI acknowledges that Acquirer is entering into this Agreement with Planet Payment in reliance on PPI’s support of Planet Payment, which is PPI’s wholly owned subsidiary. PPI agrees that throughout the Term of this Agreement and any extensions thereof, it shall support Planet Payment in the provision of the Planet Payment Processing Services, in the maintenance of the Planet Payment Platform and in the performance of the obligations on the part of Planet Payment hereunder. PPI is entering into this Agreement for the purpose of giving effect to this Section 13.8. SIGNATURE PAGE AS WITNESS the signatures of the duly authorized representatives of each party. DATED AND EFFECTIVE as of the date first above written. PLANET PAYMENT HONG KONG LTD By: /s/ Xxxxxx Xxxx Name: Xxxxxx Xxxx Title: Director PLANET PAYMENT, INC. By: /s/ Xxxxxx Xxxx Name: Xxxxxx Xxxx Title: Chairman and CEO NETWORK INTERNATIONAL, LLC By: /s/ Xxxxxxxx Xxxxxx Name: Xxxxxxxxx Xxxxxx Title: Chairman SCHEDULE 1 Approved Currencies Alpha Code Description 1 AZM Aruban Guilder 2 AUD Australian Dollar 3 BHD Xxxxxxxx Xxxxx 0 XXX Xxxxxxxxxx Taka 5 BWP Botswana Pula 6 BRL Brazilian Real 7 CAD Canadian Dollar 8 CNY Chinese Yuan 9 CZK Czech Koruna 10 DKK Danish Krone 11 EGP Egyptian Pound 12 EUR Euro 13 HKD Hong Kong Dollar 14 ISK Iceland Krona 15 INR Indian Rupee 16 IDR Indonesian Rupiah 17 JPY Japanese Yen 18 JOD Jordanian Dinar 19 KZT Xxxxxxxxxx Xxxxx 00 XXX Xxxxxx Won 00 XXX Xxxxxxx Xxxxx 00 XXX Xxxxxxx Lats 23 LBP Lebanese Pound 24 MYR Malaysian Ringgit 00 XXX Xxxxxxxxx Xxxxx 00 XXX Xxxxxxx Dollar 27 NZD New Zealand Dollar 28 NOK Norwegian Krone 29 OMR Xxxxx Xxxx 00 XXX Xxxxxxxx Rupee 31 PHP Philippine Peso 32 GBP Pound Sterling 00 XXX Xxxxxx Rial 34 RUR Russian Xxxxx 35 SAR Saudi Riyal 36 SGD Singapore Dollar 37 ZAR South African Xxxx 00 XXX Xxx Xxxxx Rupee 39 SEK Swedish Xxxxx 00 XXX Xxxxx Franc 41 SYP Syrian Pound 42 TZS Tanzanian Shilling 43 THB Thai Baht 44 UAH Ukraine Hryvnia 45 USD US Dollar SCHEDULE 2 Terms & Conditions for Processing