Service Participant Operating Contract Sample Contracts

SERVICE PARTICIPANT OPERATING CONTRACT FOR THE “CAMARA DE COMPENSACION DE PAGOS DE ALTO VALOR” (HIGH VALUE PAYMENTS CLEARING HOUSE)
Service Participant Operating Contract • June 19th, 2007 • Banco Santander Chile • Commercial banks, nec

This Service Participant Operating Contract of the High Value Payments Clearing House is signed in Santiago de Chile on August 9, 2005, by and between the Sociedad Operadora de la Cámara de Compensación de Pagos de Alto Valor, S.A., hereinafter “COMBANC”, represented herein by its President, Segismundo Schulin-Zeuthen Serrano and its General Manager, Felipe Ledermann Bernal, both domiciled at Calle Huérfanos No. 770, 16th floor, suite 1601, in the city of Santiago, party of the first part, and the Banco Santander-Chile, a banking institution, hereinafter the “Participant”, represented herein by its General Manager, Oscar von Chrismar Carvajal, both domiciled at Calle Bandera 140 in the city of Santiago, party of the second part.

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