Common use of Shared Access Agreement Clause in Contracts

Shared Access Agreement. Granting Access to Other People (Shared Access) As the authenticated primary user of online banking, you have the ability to entitle another person or persons (sub users) with access to your online banking site and with certain authorities with respect to your accounts. Shared Access includes view-only access, making transfers between designated accounts and initiating payments from designated accounts, granted individually or in combination. You have sole authority and control in sharing access with, managing and disabling sub users and/or their respective authority. You authorize us to act on transaction instructions initiated under the credentials of an authenticated sub user, just as if it was initiated under your credentials. When granting Shared Access, you assume total liability for any and all activities of a sub user with respect to your accounts, and you agree to hold us harmless in any claim you make against a sub user for breach of your agreement with said sub user pursuant to Shared Access. We allow business to register and use our online banking products. By registering for online banking, you are agreeing that you are an authorized user designated by the business to register and use The Banks online banking. Any Officer or Authorized Signer for the registered business (You) will have to authority to act on behalf of the company to manage all aspects of our online banking including but not limited to, resetting passwords, making bill payments, issuing stop payments, mobile banking and mobile deposit. The Bank will not be liable if the company (You) does not notify us in the event of a change in Officers or Authorized signers to the company (You). The company (You) also understands that you will change security settings in the event of the removal of any Officer or Authorized signer including but not limited to, username, password, One Time Passcode number, email address. The bank offers a Cash Management software for businesses, which handles multiple users and contains increased security. We may require you to use this service if we deem necessary. For your convenience, you may request a stop payment online at any time. Online stop payments are valid for 180 calendar days from the date the bank processes your online request. The applicable fee, per stop payment, will be automatically deducted from the affected account. Please refer to the bank's Schedule of Fees and Services governing your account to obtain the current Stop Payment Fee. The following rules apply to stop payment requests: • If you request a stop payment online during a bank business day prior to 4:30 p.m. CST, it will be processed that same day and be effective on that business day after a reasonable time for processing. • If you request a stop payment online during a bank business day after 4:30 p.m. CST it will be processed the next bank business day and be effective on that business day after a reasonable time for processing. • If your blank checks have been stolen, the account must be closed and stop payment cannot be requested. • Complete all the information describing the item(s) accurately. The CSB and HSB agree to use its best efforts to place the stop payment request and assumes no responsibility if the description of the item(s) is inaccurate or incomplete. By submitting this completed request, I certify that I am an authorized signer on the account which is tied to my Internet access number and agree to pay the Bank's standard stop payment fee for this service. I understand that the Bank must rely on the information provided to describe the item(s) with certainty, and that I must allow a reasonable time period for the Bank to receive and act on the order as stated above. In consideration of the Bank's acceptance of my request, I hereby knowingly and voluntarily agree to defend, indemnify and hold forever harmless The Citizens State Bank and/or Home State Bank, a part of The Citizens State Bank, against any and all claims and demands whatsoever, in law or in equity, of whatever nature, including but not limited to reasonable attorney fees and costs of litigation incurred and paid or to be paid by The Citizens State Bank or Home State Bank in connection to such claims and other costs incurred in connection therewith, for upon or by reason of any matter, cause of thing whatsoever, arising directly or indirectly, or in any manner related to this stop payment request, and the CSB or HSB's actions or inactions therefrom. I agree with the terms above and authorize the Stop Payment Fee to be charged to my account.

Shared Access Agreement. Granting Access to Other People (Shared Access) As the authenticated primary user of online bankingOnline Banking, you have the ability to entitle another person or persons (sub sub-users) with access to your online banking site the Online & Mobile Banking platform and with certain authorities with respect to your accounts. Shared Access includes view-only access, making the ability to make transfers between designated accounts and initiating to initiate payments from designated accounts, granted individually or in combination. You As the primary user, you have sole authority and control in sharing access with, with managing and disabling sub sub-users and/or their respective authority. You authorize us to act on transaction instructions initiated under the credentials of an authenticated sub sub-user, just as if it was initiated under your credentials. When granting Shared Access, you assume total liability for any and all activities of a sub sub-user with respect to your accounts, and you agree to hold us the Credit Union and any third-party service providers harmless in from any liability or claim arising from your use of the Shared Access, including any claim you make against a sub user your sub-users for their handling of your accounts or breach of your agreement with said sub user sub-users pursuant to Shared Access. We allow business to register and use our online banking products. By registering for online banking, you are agreeing that you are an authorized user designated by the business to register and use The Banks online banking. Any Officer or Authorized Signer for the registered business (You) will have to authority to act on behalf of the company to manage all aspects of our online banking including but not limited to, resetting passwords, making bill payments, issuing stop payments, mobile banking and mobile deposit. The Bank will not be liable if the company (You) does not notify us in the event of a change in Officers or Authorized signers to the company (You). The company (You) also understands that you will change security settings in the event of the removal of any Officer or Authorized signer including but not limited to, username, password, One Time Passcode number, email address. The bank offers a Cash Management software for businesses, which handles multiple users and contains increased security. We may require you to use this service if we deem necessary. For your convenience, you may request a stop payment online at any time. Online stop payments are valid for 180 calendar days from the date the bank processes your online request. The applicable fee, per stop payment, will be automatically deducted from the affected account. Please refer to the bank's Schedule of Fees and Services governing your account to obtain the current Stop Payment Fee. The following rules apply to stop payment requests: • If you request a stop payment online during a bank business day prior to 4:30 p.m. CST, it will be processed that same day and be effective on that business day after a reasonable time for processing. • If you request a stop payment online during a bank business day after 4:30 p.m. CST it will be processed the next bank business day and be effective on that business day after a reasonable time for processing. • If your blank checks have been stolen, the account must be closed and stop payment cannot be requested. • Complete all the information describing the item(s) accurately. The CSB and HSB You agree to use indemnify the Credit Union, its best efforts to place the stop payment request employees, agents, volunteers and assumes no responsibility if the description of the item(s) is inaccurate or incomplete. By submitting this completed request, I certify that I am an authorized signer on the account which is tied to my Internet access number and agree to pay the Bank's standard stop payment fee for this service. I understand that the Bank must rely on the information provided to describe the item(s) with certainty, and that I must allow a reasonable time period for the Bank to receive and act on the order as stated above. In consideration of the Bank's acceptance of my request, I hereby knowingly and voluntarily agree to defend, indemnify and hold forever harmless The Citizens State Bank and/or Home State Bank, a part of The Citizens State Bank, representatives against any and all claims arising due to granting another person or persons access to your Online & Mobile Banking Services, your accounts and/or other authorities with respect to your accounts; acts or actions taken by the sub-users you granted access to; and/or any breach of the terms of this agreement by any sub-users you granted access to. Notwithstanding anything to the contrary herein, the Credit Union and demands whatsoever, in law any third-party service providers are not responsible for any errors or in equity, of whatever nature, including but not limited to reasonable attorney fees and costs of litigation incurred and paid or to be paid unauthorized transactions on your accounts initiated by The Citizens State Bank or Home State Bank in connection to such claims and other costs incurred in connection therewith, for upon or by reason of any matter, cause of thing whatsoever, arising directly or indirectly, or in any manner related to this stop payment requesta sub-user, and the CSB or HSB's actions or inactions therefrom. I agree Credit Union expressly disclaims all liability, claims and damages in connection with the terms above and authorize the Stop Payment Fee to be charged to my accountsuch activities.