0000950137-06-008068 Sample Contracts

DISCOVER CARD MASTER TRUST I Credit Card Pass-Through Certificates Underwriting Agreement (Standard Terms)
Underwriting Agreement • July 25th, 2006 • Discover Bank • Asset-backed securities • New York

Discover Bank (formerly Greenwood Trust Company) (“Discover”), as originator of Discover Card Master Trust I (the “Trust”), proposes, subject to the terms and conditions stated herein, to cause to be issued and sold from time to time Credit Card Pass-Through Certificates (the “Certificates”) in one or more series (each, a “Series”). The Certificates of each Series will consist of one or more Classes (each, a “Class”) of Certificates of such Series. Each Certificate will evidence a fractional, undivided percentage interest or beneficial interest in the Trust. The Certificates will be issued by the Trust pursuant to an Amended and Restated Pooling and Servicing Agreement, dated as of November 3, 2004, as amended, and as supplemented by a Series Supplement relating to the specific Series of Certificates issued thereunder (the Amended and Restated Pooling and Servicing Agreement, as so supplemented, the “Pooling and Servicing Agreement”), between Discover as Master Servicer, Servicer and S

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DISCOVER CARD MASTER TRUST I CREDIT CARD PASS-THROUGH CERTIFICATES TERMS AGREEMENT Dated: July 21, 2006
Terms Agreement • July 25th, 2006 • Discover Bank • Asset-backed securities

To: Discover Bank, as Seller under the Amended and Restated Pooling and Servicing Agreement, dated as of November 3, 2004, as amended.

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