EXHIBIT 10.14
PROVESA, INC.
DATA PROCESSING AGREEMENT
This DATA PROCESSING AGREEMENT is made and entered into as of the _____ day of
_______________, 19___, by and between
_______________________________________________________________________, located
at ______________________________________________________________, and its
successors (herein referred to as the "Participating Bank"), and Provesa, Inc.,
located at 0000 Xxxxxxx Xxxxxx Xx., Xxxxx 000, Xxxxxxxx, Xxxxxxx 00000 (herein
referred to as the "Computer Center").
In consideration of the mutual promises and covenants contained herein, the
parties hereto agree as follows:
1. DATA PROCESSING SERVICES. Computer Center agrees to render to
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Participating Bank the data processing services described on Exhibit "A"
(the "Services") for the term of this Agreement, and Participating Bank
agrees to purchase the Services. This Agreement describes the general
nature of the Services and the terms under which the Computer Center is to
provide or make the Services available to the Participating Bank. In the
event of any conflict between the language of this Agreement and any
brochures, verbal representations, or other materials describing the
Services, the language of this Agreement shall control.
2. CONVERSION OF PARTICIPATING BANK'S INFORMATION.
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a. Within a reasonable time following execution of this Agreement,
Computer Center will undertake the programming required to covert
Participating Bank's information files into a format compatible with
the Computer Center systems. Participating Bank agrees to cooperate
with Computer Center in this endeavor and to provide all information
and assistance required for Computer Center to successfully convert
Participating Bank's information files to a form compatible with
Computer Center's systems and equipment so that Computer Center can
provide the Services. Among other things, Participating Bank shall
deliver conversion input information, in its entirety, in a mutually
acceptable medium, as and when the parties agree.
b. Computer Center shall determine, in accordance with its normal
acceptance procedures, when Participating Bank's information files
have been successfully converted and when the Services to be provided
by Computer Center to Participating Bank are operational and available
for Participating Bank's use. Participating Bank agrees to review and
check the information converted by Computer Center within ten (10)
days after notice to Participating Bank of Computer Center's
completion of conversion. Computer Center reserves the right to
postpone conversion of Participating Bank's information files if
Participating Bank is late in delivering its conversion input
information or if any other circumstances arise that might jeopardize
the successful completion of Participating Bank's information
conversion or the processing of the Participating Bank's following
day's transactions for any other customers of Computer Center.
c. In the event the conversion process is stopped, cancelled, or
suspended by Participating Bank, Participating Bank agrees to pay
Computer Center all labor costs, expenses, and charges incurred by
Computer Center in preparing to perform under this Agreement.
Computer Center shall submit to Participating Bank an itemized
statement of all such charges and Participating Bank agrees to pay
said statement prior to the return to Participating Bank of any
conversion input information or data provided to Computer Center and,
in any event, within thirty (30) days after receipt.
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d. Computer Center shall provide to Participating Bank training for a
maximum of five (5) working days so that Participating Bank may fully
utilize the Services provided by Computer Center at the time of
conversion of Participating Bank's information.
3. INPUT AND OUTPUT DATA. Participating Bank shall be responsible for
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providing to Computer Center all input data and other information necessary
for Computer Center to perform the Services and to prepare those reports
described on attached Exhibit "C" (the "Reports"). The input data shall be
transmitted by Participating Bank to Computer Center in a format acceptable
to Computer Center via an approved telecommunication method and system.
Participating Bank is solely responsible for the accuracy and delivery of
all information to be provided to Computer Center for processing. Computer
Center agrees to provide Participating Bank with Reports at such times as
are described on Exhibit "C", provided, however, that in any event Computer
Center shall have a reasonable amount of time after receipt of the input
data from Participating Bank to process such data. All Reports shall be
delivered by Computer Center to Participating Bank by telecommunications to
a remote printer designated by Participating Bank. The design and format
of any Reports or forms to be prepared by Computer Center must be approved
by Computer Center.
4. TERM. This Agreement shall begin on the date hereof and shall remain in
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effect for a period of three (3) years (the "Term") following the first
full calendar month in which any Services commonly known as processing
services are provided by Computer Center to Participating Bank, as
evidenced by the billing records of Computer Center. This Agreement shall
automatically renew for the same Term unless written notice of termination
is delivered by either party to the other at least one hundred eighty (180)
days prior to the original expiration date or subsequent renewal expiration
dates of the Agreement.
5. ASSISTANCE FROM PARTICIPATING BANK. In addition to the input data to be
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delivered by Participating Bank pursuant to paragraph 3 above, Computer
Center's performance of the Services may, from time to time, require data,
documents, descriptions or acts to be furnished by, or to be qualified or
processed in part by, the Participating Bank or its personnel. Computer
Center agrees to give prompt notice of such requirements to Participating
Bank, and Participating Bank agrees to furnish such data, documents,
descriptions or acts and to make such personnel, records and facilities
available within such time or times after its receipt of such notice and in
such manner as shall be reasonably necessary to enable the Computer Center
to perform the Services.
6. COMMUNICATIONS. Participating Bank shall bear all risk of loss or damage
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to items, records, other input data, or Reports and other output data
during communication or delivery of such data between the Participating
Bank's office and the Computer Center. Participating Bank shall be
responsible for and shall pay all charges related to communications between
Participating Bank and Computer Center.
7. EQUIPMENT.
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a. Participating Bank agrees that it is responsible for all
communications between Participating Bank and Computer Center. When
communicating with, or transferring data to, or receiving data from,
Computer Center, Participating Bank shall, at its own cost and
expense, use and maintain only such terminals, modems and other
hardware, firmware and software (hereinafter collectively referred to
as the "Equipment") as may be compatible with the systems and
communications networks of Computer Center. The Participating Bank's
Equipment must be completely compatible with the systems and
communications networks of Computer Center and, if requested by
Computer Center, Participating Bank shall be responsible for providing
sufficient information about the Equipment to Computer Center and for
performing adequate tests to demonstrate that the Equipment is in good
working order and completely compatible with the systems and
communications networks of Computer Center. In the event Computer
Center believes it is in its and its clients' best interest to upgrade
Computer Center's systems to more efficient and capable equipment or
to keep Computer Center competitive, Participating
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Bank agrees to acquire any Equipment necessary to keep Participating
Bank and Computer Center fully compatible.
b. Unless otherwise agreed by the parties, Computer Center shall schedule
and arrange for the communications services, including communications
equipment installation, with the communication provider.
Participating Bank shall be responsible for paying all charges imposed
by the provider of the communications equipment, such as the telephone
company, for the Equipment installation, as well as for any charges
for additional connections or changes to locations or future services.
Computer Center shall not be responsible for the reliability or
continued availability of the telephone lines, communications
facilities, or electrical power used by Participating Bank in
utilizing the Services provided by Computer Center hereunder.
Computer Center will cooperate with communications vendors as
appropriate so that communications between Participating Bank and
Computer Center facilities function properly.
8. LIMITATION OF LIABILITY.
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a. Computer Center shall not be responsible for any failure in providing
the Services, any delays in processing, or any failure or delay in the
delivery of any Reports that may be caused, in whole or in part, by
strikes, lockouts, riots, epidemics, governmental actions or
regulations, natural disaster, fire, inclement weather, acts of God,
computer breakdown or failure, communications failure, interruptions
in telephone or electrical service, courier's failure to timely
deliver, or any other causes beyond its reasonable control. In the
event such delays exist without interruption for a period of more than
thirty (30) days, Participating Bank or Computer Center may elect to
terminate this Agreement without breach. Participating Bank is under
no duty to make any payments to Computer Center for any period
exceeding five (5) consecutive business days in which the Services are
not performed by Computer Center as a result of a natural disaster or
other phenomenon mentioned above.
b. Computer Center's obligation to Participating Bank hereunder in
performing the Services is to exercise the same degree of care and
diligence used in processing information and compiling reports for its
own use. Computer Center's sole responsibility to Participating Bank
or any third party for any claims, notwithstanding the form of such
claims (e.g., contract, negligence or otherwise), arising out of
errors or omissions in the Services or Reports provided or to be
provided hereunder and caused by Computer Center (provided that
Participating Bank shall have promptly notified Computer Center of any
such errors or omissions), shall be to furnish at Computer Center's
costs the correct Services or Report and/or to correct the applicable
Participating Bank files.
c. Computer Center will make every reasonable effort to be available to
provide Services during the hours referred to in paragraph 20 below.
Accordingly, Computer Center's liability to Participating Bank or any
third party for claims, notwithstanding the form of such claims (e.g.,
contract, negligence or otherwise) arising out of the unavailability
or inaccessibility of Computer Center's system, or the interruption in
or delay of Services provided or to be provided by Computer Center
hereunder, shall be to use reasonable efforts to resume the Services
as promptly as practicable, provided, however, that Computer Center
shall not be responsible for communication failures caused, in whole
or in part, by the incompatibility or failure of Participating Bank's
Equipment or by third party telecommunication or electric lines or
equipment.
d. Computer Center shall not be liable to Participating Bank for errors
resulting from defects in, or malfunctions of, the mechanical or
electronic equipment used by Participating Bank or Computer Center in
performing the duties and obligations contemplated in and covered by
this Agreement.
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e. Computer Center shall not be liable for damages arising under this
Agreement, regardless of the claim, unless such damages result from
gross negligence or willful misconduct on the part of Computer
Center's officers or employees, in which case Computer Center's
liability will be limited to actual damages directly resulting from
such gross negligence or willful misconduct. In any event, any
damages for which Computer Center may be liable shall be limited to
the service charges received by Computer Center from Participating
Bank for Services during the twelve (12) months prior to the alleged
damage. If Participating Bank desires to obtain insurance protection
against any such losses, or to cover fidelity losses through an
endorsement to its own blanket bond coverage, Computer Center agrees
to cooperate with Participating Bank in obtaining such insurance. In
the event Participating Bank recovers insurance proceeds pursuant to
such insurance, such proceeds shall constitute a set off against
actual damages claimed by Participating Bank that directly result from
gross negligence or willful misconduct of Computer Center. It is
understood that all costs and expenses of such insurance shall be paid
by Participating Bank. Computer Center agrees to maintain, with
coverage amounts determined by Computer Center, fidelity bond coverage
with respect to any dishonest acts which may be committed by Computer
Center personnel, and insurance in policy amounts and types determined
by Computer Center, with respect to hazards, including losses by
Computer Center from fire, disaster, and other events which may
interrupt normal service.
f. IN NO EVENT WILL COMPUTER CENTER BE RESPONSIBLE FOR SPECIAL, RELIANCE,
INDIRECT, INCIDENTAL, OR CONSEQUENTIAL DAMAGES ARISING OUT OF ANY ACT
OR OMISSION BY COMPUTER CENTER IN CONNECTION WITH THIS AGREEMENT, EVEN
IF COMPUTER CENTER HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH
DAMAGES, WHETHER SUCH DAMAGES ARISE IN AN ACTION AT LAW OR IN EQUITY,
FOR BREACH OF CONTRACT, BREACH OF WARRANTY, PRODUCT LIABILITY, BREACH
OF UCC PROVISIONS, NEGLIGENCE OR INTENTIONAL TORT. FURTHERMORE,
COMPUTER CENTER SHALL NOT BE LIABLE FOR PARTICIPATING BANK'S LOST
PROFITS, LOSS OF BUSINESS OPPORTUNITIES, OR FOR EXEMPLARY DAMAGES.
THE PROVISIONS HEREOF ARE IN LIEU OF ALL WARRANTIES, EXPRESS OR
IMPLIED, WHETHER OF MERCHANTABILITY, FITNESS OR OTHERWISE.
9. COMPLIANCE WITH FEDERAL REGULATIONS. Computer Center warrants that it
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maintains a formal agreement with a suitable processing center to provide
backup facilities capable of processing Participating Bank's data and
satisfying all requirements of this Agreement. Further, Computer Center
shall comply with all federal rules and regulations applicable to it
relating to the conduct of its business.
10. REVIEW OF REPORTS. It will be the responsibility of Participating Bank to
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maintain audit controls and/or procedures which may be required by
supervisory authorities under regulations to which the Participating Bank
is subject. Balancing of input totals to computer generated output totals
will be the responsibility of Participating Bank, and Computer Center
accepts no responsibility for the correctness of these totals. Computer
Center will exercise reasonable care and diligence in maintaining controls
over the Services rendered pursuant to this Agreement.
11. THIRD PARTY AUDIT. Computer Center shall provide to Participating Bank a
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copy of the most recent third party service audit of the records of
Computer Center upon request by Participating Bank and payment by
Participating Bank of a reasonable and customary charge. If requested,
Computer Center shall also provide to Participating Bank annual audited
financial information regarding Computer Center at no charge.
12. FEES. In consideration of the Services provided by Computer Center,
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Participating Bank shall pay to Computer Center each month, in advance
based upon the prior month's activity, those fees described on attached
Exhibit "B". The fees set forth on Exhibit "B" are exclusive of any
applicable taxes or
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assessments, however designated, which may be levied or assessed by any
government or other taxing authority having jurisdiction to levy such tax
upon the Services. Participating Bank agrees to pay Computer Center the
amount of such taxes or assessments, whenever requested by Computer Center.
The fees described on Exhibit "B" may be changed from time to time by
Computer Center upon thirty (30) days prior notice to Participating Bank,
provided, however, that the maximum annual increase in any fee described in
Exhibit "B" shall not exceed six percent (6%). In the event the
Participating Bank acquires another financial institution or branch of a
financial institution, the Computer Center reserves the right to review
volume growth (assets and account volume) and make necessary adjustments in
pricing as may more accurately reflect the Computer Center's standard
accounting pricing as described in Exhibit "B".
13. OTHER FEES. In the event Participating Bank requests that Computer Center
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procure forms that are to be supplied by Participating Bank pursuant to
Exhibit "C", Participating Bank shall pay to Computer Center the cost of
such forms plus Computer Center's reasonable and customary markup when
billed. If overtime and/or special handling is requested by Participating
Bank or is required because of delays not the fault of Computer Center,
Participating Bank agrees to pay Computer Center at the established rates
then in effect for overtime and/or special handling for production
operations and for any other out-of-pocket expense related thereto. If it
is necessary for Computer Center to return the finished products to
Participating Bank by special carrier or special messenger, Computer Center
shall notify Participating Bank by telephone and Participating Bank shall
be charged with out-of-pocket expenses incurred by Computer Center as a
result of such special handling, unless Participating Bank objects to such
special handling at the time it receives such notice. In the event
Computer Center agrees to develop any development costs plus a reasonable
markup. In addition, Participating Bank may be required to pay a license
fee as agreed by the parties for such special software.
14. CONFIDENTIALITY.
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a. Computer Center agrees to hold in confidence all information relating
to the assets, liabilities or other business affairs of Participating
Bank, or any customers of Participating Bank, which are received by
Computer Center pursuant to this Agreement or in the course of
rendering the Services. It is expressly agreed and understood,
however, that performance of the Services will be subject to
examination by regulatory authorities, including, but not limited to,
(i) the Comptroller of Currency, (ii) the Board of Governors of the
Federal Reserve System, (iii) the Board of Directors of the Federal
Deposit Insurance Corporation, and (iv) the State Banking Department,
and that as part of the performance of Services hereunder, Computer
Center shall submit or furnish to the regulatory agencies reports,
information, assurances or other data as may be required under
applicable laws and regulations to which either party is subject.
b. Participating Bank acknowledges and agrees that all computer programs,
codes, and information regarding Computer Center's business
operations, pricing, the terms and conditions of this Agreement, the
Computer Center pricing manual and any other contract documents, the
Computer Center systems, and related matters (hereinafter collectively
referred to as "Proprietary Information"), are the exclusive and
confidential property of Computer Center, or the third parties from
whom Computer Center has secured the right to use computer programs.
Participating Bank understands that the harm that could be caused to
Computer Center should the Proprietary Information be disclosed to its
competitors and others having no need to know the Proprietary
Information. Therefore, Participating Bank agrees to hold all such
Proprietary Information in strictest confidence. Proprietary Bank
will instruct its employees who have access to or who use the
Proprietary Information to keep same confidential by using no less
than the same degree of care and discretion that Participating Bank
uses with respect to its own confidential and Proprietary Information.
On termination of this Agreement, Participating Bank shall return all
Proprietary Information to Computer Center and shall cease to use the
same for any purpose whatsoever. This paragraph shall not apply to
any information furnished by Computer Center which is already in the
public domain at the
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time of disclosure to Participating Bank or to any information
independently developed by Participating Bank outside this Agreement.
This provision shall survive termination of this Agreement, regardless
of cause, for a period of five (5) years from date of termination.
15. DECONVERSION.
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a. Upon termination of this Agreement, Computer Center will dispose of
all Participating Bank files still in the Computer Center's system in
such manner deemed appropriate by Computer Center unless Participating
Bank, prior to the date of termination, furnishes to Computer Center
written instructions for the disposal of Participating Bank's files,
which instructions Computer Center will, if reasonable and feasible,
comply with at Participating Bank's expense. Participating Bank's
master file data will be maintained by Computer Center for a period of
thirty (30) days subsequent to termination, after which time it may,
at the option of Computer Center, be destroyed.
b. Deconversion information or data shall not be made available to
Participating Bank until Participating Bank has first paid, in a form
acceptable to Computer Center, all sums due Computer Center, including
all monthly charges that might be due if deconversion occurs prior to
normal expiration of this Agreement, all accrued and unpaid
information processing and other charges, and all deconversion
charges. Participating Bank understands that it will be billed and
agrees to pay such bills for any additional services or reports
provided by Computer Center after deconversion at the request of
Participating Bank for audit verification or other purposes, at
Computer Center's normal rates for such services or reports.
Participating Bank agrees that Computer Center shall have a lien on
Participating Bank's information and data until all sums due are paid
in full. Release of said lien by surrender of possession by Computer
Center shall not affect any claim Computer Center might have for
payments due it from Participating Bank.
16. INSPECTION. Computer Center agrees that all records relating to
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Participating Bank at all times shall be subject to inspection and review
by Participating Bank or its auditors, designees, accountants and
appropriate examiners from the applicable state and federal bank regulatory
agencies, upon reasonable notice to Computer Center. Computer Center
further agrees to prepare such reports, grant computer usage and permit
programming examination as may be necessary to meet the audit requirements
of Participating Bank. Reasonable charges shall be made to and be payable
by Participating Bank for all special programming and other computer usage
in excess of any programming or usage to which Participating Bank may be
entitled pursuant to Exhibit "B".
17. TITLE TO SOFTWARE. All right, title and interest in and to any and all
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computer programs, and the source codes therefor, used by Computer Center
in the performance of Services, including any special programs written
specifically for Participating Bank, shall be and remain the property of
Computer Center.
18. PRIORITY. Computer Center shall advise Participating Bank by letter of any
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system changes that would affect procedures or Reports. Computer Center
also agrees that Participating Bank's data shall have priority for
processing over any data of entities, other than banks, savings and loans,
credit unions and other financial institutions.
19. BINDING EFFECT AND ASSIGNMENT. This Agreement and all the provisions
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hereof shall be binding upon, and inure to the benefit of, the parties
hereto and their respective successors and permitted assigns. Neither this
Agreement nor any of the rights or obligations of either party hereunder
shall be assigned or delegated by such party to any other person without
prior written consent of the other party hereto, except that Computer
Center (or any successor to Computer Center) may, at any time during the
Term hereof, assign its rights and delegate its obligations hereunder to
any subsidiary or division of
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Computer Center or any other entity which controls, is controlled by, or is
under common control with Computer Center.
20. AVAILABILITY OF SERVICES. Computer Center's system will be available for
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communication between Participating Bank and Computer Center from
_______________ to ________________ (_____ days per week). Participating
Bank's daily cut off time for items capture, file maintenance and data
transmissions will be no later than ____________ each day.
21. TERMINATION BY PARTICIPATING BANK. The parties further agree and
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acknowledge that there may be certain circumstances in which Participating
Bank desires to discontinue Computer Center's provision of one or more of
the Services prior to the expiration date of this Agreement. In such
event, Computer Center will suffer substantial loss or injury that is
difficult or impossible to accurately estimate. Accordingly, in an effort
to liquidate in advance the sum that should represent the loss or damages
which would be actually sustained by Computer Center as a result of such
early termination by Participating Bank of any Services provided hereunder,
the parties have agreed on the amount specified below as a reasonable pre-
estimate of Computer Center's probable loss. If Participating Bank desires
to discontinue any Services hereunder, Participating Bank shall give
Computer Center one hundred eighty (180) days advance written notice and
shall pay Computer Center an amount equal to 75% of the "estimated
remaining service fees" with respect to the Services being discontinued or
the monthly "minimum charge", whichever is greater, for the remainder of
the Term beginning on the effective date of termination. The "estimated
remaining service fees" for the Services being discontinued shall be
calculated by multiplying the average monthly service fees billed for the
Services being discontinued for the six (6) months immediately preceding
notice of early termination by the number of months remaining under the
Term of this Agreement. The "minimum charge" will be determined by Exhibit
"B" of this Agreement. This amount is due per the provisions of paragraph
15(b).
22. TERMINATION BY COMPUTER CENTER. In the event that Computer Center desires
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to cancel this Agreement or discontinue Services hereunder, it shall give
Participating Bank one hundred eighty (180) days advance written notice and
this Agreement or any Service hereunder shall be cancelled in full.
23. ENTIRE AGREEMENT. This instrument, along with the appendices and schedules
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incorporated herein by reference, constitutes the entire agreement and
understanding between the parties with respect to the subject matter
hereof. Representations and agreements not expressly contained or
incorporated by reference herein shall not be binding upon either party as
warranties or otherwise. Modifications of this Agreement must be in
writing and signed by duly authorized representative of the parties.
24. SEVERABILITY. In the event that one or more of the provisions of this
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Agreement is for any reason held to be invalid or unenforceable, such
holdings shall not affect the remaining provisions of this Agreement.
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25. APPLICABLE LAW. This Agreement is made and entered into in Norcross,
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Georgia, and shall be governed by the laws of the State of Georgia.
COMPUTER CENTER: PARTICIPATING BANK:
PROVESA, INC. CLIENT'S NAME
By:____________________________ By:_______________________________
(Signature) (Signature)
Name:__________________________ Name:_____________________________
(Please Print or Type) (Please Print or Type)
Title:_________________________ Title:____________________________
Date:__________________________ Date:_____________________________
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EXHIBIT "A"
SERVICES PROVIDED:
Processes the following applications:
Central Information File
Demand Deposit Accounts
NOW Accounts
Money Market Accounts
Line of Credit
Savings Accounts
Certificates for Deposits
XXX Accounts
Loans
Add-On's
Add-On GILAs
Simple Interest
General Ledger
Proof and Transit
File Folder
Account Reconciliation
Automated Teller Machine
Card Management
PROVESA, INC., offers several other personal computer based financial
institution packages that can be purchased for additional charges. Please
contact your sales representative for additional pricing.
They include:
VISION Optical Disk Storage
PROVESA, INC., Platform Automation
BRIDGE-IT Financial Report Writer
InfoVoice - Voice Response System
PROVESA, INC., markets various hardware for use in financial institutions. Some
of these include personal computers, terminals, printers, modems, communication
equipment, personal computer software, and other various products. Please
contact your sales representative for additional pricing.
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EXHIBIT B
APPLICATION PROCESSING
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$___ Per Account
(DDA, Savings, Loans, CDs, General Ledger, etc.)
$___ Per Account
Central Information File (CIF)
OR
$___ Per Month Minimum
AUTOMATED TELLER MACHINE PROCESSING
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$___ Per Month Connect Fee
$___ Per Month for each ATM includes monitoring
DEBIT CARD MANAGEMENT PROCESSING
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$___ Minimum Per Month OR $___ Per Card Per Month
$___ Per Transaction Processing
MISCELLANEOUS DATA PROCESSING CHARGES
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Account Reconciliation $____ Minimum
Reconciliation Charge $____ Per Item
Audit Confirmation Generation $____ Minimum
Confirmation Charge $____ Each
Magnetic Tape Reporting $____ Each
(e.g., Credit Bureau, IRS, Insurance, Account Reconciliation)
Carriage Tape $____ Each
Amortization Schedules $____ Each
Preprinted Customer Labels $____ Each
ITEM PROCESSING
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On-us Items $___ per month minimum or $____ Each Item
Transit Items $___ per month minimum or $____ Each Item
Electronic Inclearings $___ per month base fee and $____ Each Item
OTHER CHARGES
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"Caption" Installation and Training* $_____
S4600 Installation and Training* $_____
Programming Services* $_____ Per Hour
(Minimum two hours)
Customer Support Training*
Participating Bank's Location $_____ Per Day Per CSR
Provesa, Inc. Facility $_____ Per Day Per Person
Data Communications or Hardware Services*
Regular Service $_____ Per Hour
Emergency Service $_____ Per Hour
Data Processing Operation Services
Overtime/Special Handling $_____ Hour
On-Line Device Support $_____ Per Device
* Plus all out-of-pocket expenses (e.g., meals, lodging, travel). Travel will
be billed at current IRS allowable rate from Provesa facility to customer
site and return.
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EXHIBIT "C"
REPORTS
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DESCRIPTION FREQUENCY
DDA
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Daily Transaction Recap Summary Daily
Stop Pay/Hold File Maintenance Daily
Stop Pay/Hold Journal Daily
Stop Pay Suspects Report Daily
Transfer Journal Daily
Transfer Register Daily
Teller Cash Summary Daily
Teller Transaction Analysis Daily
Trial Balance and Transaction Journal Daily
NOW Trial Balance Daily
Money Market Trial Balance Daily
Daily Overdraft Report Daily
NSF Report Daily
Unposted Transactions Daily
Significant Balance Changes Daily
Branch Totals by Type Daily
DDA Totals by Type Daily
Drawing on Today's Deposits Daily
New Account Report Daily
Closed Account Report Daily
Purged Accounts Report Daily
Money Market Excessive Withdrawals Daily
Federal Withholding Report Daily
NSF Notices Daily
Overdraft Notices As App.
New Account and File Maintenance Cards Daily
Account Statements Monthly
Monthly New Accounts Report Monthly
Monthly Closed Accounts Report Monthly
Commercial Account Analysis Monthly
SAVINGS
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Cumulative Trial Balance and Transaction Journal Daily
Full Trial Balance and Transaction Journal Weekly
Unposted Transactions Daily
Significant Balance Changes Daily
New Accounts Report Daily
Closed Accounts Report Daily
Purged Accounts Report Daily
Federal Withholding Report Daily
New Account and File Maintenance Cards Daily
Monthly New Accounts Report Monthly
Monthly Closed Accounts Report Monthly
Account Statement Quarterly
Trial Balance Weekly
CD Activity Summary Daily
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Reserve Requirement Report Daily
CD Maturity Schedule Daily
New CD Report Daily
Closed CD Report Daily
Matured CD Report Daily
Purged CD Report Daily
Matured CDs Pending Report Daily
Renewed CDs Report Daily
Transaction Posting Journal Daily
CD Rate Change Report Daily
Interest Payment Report Daily
New CD/File Maintenance Card Daily
Customer Notice of Deposit Daily
Final Maturity Notice Daily
Capitalization Notice Daily
Automatic Renewal Notice Daily
CD Checks Daily
CD Maturity Schedule Monthly
XXX Over Contribution Report Monthly
Customer Statements/Combined Annually
On-Line Call Reports As App.
CONSOLIDATED LOANS
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New Loan Report Daily
Paid Out Loan Report Daily
On-Line Loan G/L Entries Daily
Automatic G/L Entry Report Daily
On-Line Control Totals Daily
Loan Trial Balance Weekly
Branch Totals Report Daily
Installment Balance Control Daily
Commercial Balance Control Daily
Loan Activity Report(s) Daily
Delinquent Loan Report Daily
New/Paid Out Loan Card Daily
Past Due Notices As App.
Billing Notices Daily
Collection Cards As App.
Automatic Debits and Credits Daily
Automatic Debits and Credits Report Daily
Delinquent Loan Cards Daily
Commitment Loan Trial Monthly
Delinquent Notices As App.
Rate Change Notices As App.
Rate Change Report Daily
Loan History Cards As Requested
Purged Loan Report Annually
Renewed Loan Report Daily
Platform Pending Loan Report Daily
Dealer Loan Report As Requested
Loan Coupon Report Weekly
On-Line Call Reports As App.
Maturity Forecast Report Weekly
Interest Rate Analysis Monthly
Loan Officer Analysis Monthly
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Loan Insurance Report Monthly
Loan FDIC Report Monthly
FASB-91 Fee Costs Reports Daily
Unposted Loan Report Daily
Loan Exception Report Daily
Loan Tickler Report Daily
GENERAL LEDGER
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Statement of Condition (Current Period) Daily
Statement of Condition (Prior Period) Daily
Income and Expense Journal Daily
Account Statements Monthly
CIF AND OTHER REPORTS
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On-Line Audit Report Daily
Employee Terminal Usage Report Daily
Consolidated 1099s Annually
Consolidated 1098s and Reports Annually
Consolidated IRS Mag Tape Annually
Purged CIF Accounts Annually
On-Line Teller Report
Line of Credit Trial Balance Daily
Line of Credit Statements Daily
Check Reconcilement Report
Error Check Reconcilement Report
Xmas Club Checks Annually
Xmas Club Report Annually
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