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Professional Service Agreement – Program SummaryProfessional Services • February 13th, 2020
Client: Contact: Address: Phone: E-Ma il: BenefitEdProgram: BenefitEd, LLC (“BenefitEd”) will create and administer an employer benefit programthat allows employers to contribute payments to employees’ student loans and/or education savings pla ns (each, a “BenefitEd Program”), which includes a BenefitEd Platform and applicable Implementation Services and support services. Service Fees:# of employees in program Price Per Enrolled Employee Per Month1 – 500 $4.50501 - 1,000 $3.851,001 – 5,000 $2.955,001 – 10,000 $2.4510,001 – 20,000 $2.2020,001+ $1.95Implementation Services: BenefitEd will provide Implementation Services, as defined below.Implementation Fee: $0Minimum Monthly Program Fee: $160 (which is billed in arrears at the end of each Monthly Period if the Service Fees do not meet or exceed the Minimum Monthly Program Fee). Initial Term: 1 Yea r
