Agenda packet — Beaumont City Council, August 2, 2022 (part 3 of 5)

PAPER DISBURSEMENT SERVICES
DS191 150122 PAYEE VALIDATION STANDARD-ITEM 0.01000 40 0.40 12907 150030 POSITIVE PAY MONTHLY BASE 15.00000 1 15.00 22202 150100 DDA CHECKS PAID 0.10000 40 4.00
PAPER DISBURSEMENT SERVICES Subtotal 19.40

PAPER DISBURSEMENT RECON SERVICES
12377 200201 ARP FULL RECON-ITEM Minimum 40 75.00
12060 200010 ARP MONTHLY BASE - FULL 15.00000 1 15.00
12604 200306 ARP OPTIONAL REPORTS 5.00000 42 210.00
12430 200301 ARP OUTPUT - TRANSMISSION 2.00000 21 42.00 34350 200306 CEO ARP STMT & RPTS MONTHLY BASE 8.00000 1 8.00 12694 200100 OUTGOING TRANSMISSION - PER ITEM 0.01000 40 0.40 PAPER DISBURSEMENT RECON SERVICES Subtotal 350.40

GENERAL ACH SERVICES
CK018 250201 ELECTRONIC CREDITS POSTED 0.10000 10 1.00
34342 250400 ACH CEO RETURN SUBSCRIPTION - ITEM 0.20000 6 1.20 34340 250400 ACH CEO RETURN SUBSCRIPTION-ACCOUNT 10.00000 1 10.00 ES280 250000 ACH MONTHLY BASE 15.00000 1 15.00
ES211 250102 ACH FUTURE DATED ITEM 0.05000 1,847 92.35
ES344 250202 ACH RECEIVED ITEM 0.10000 35 3.50
06502 250302 ACH RETURN ITEM-ELECTRONIC 6.50000 5 32.50 ES801 250501 ACH TRANSMISSION CHARGE 2.00000 4 8.00
34333 251050 ACH CEO FRAUD FILTER REVIEW MO BASE 10.00000 1 10.00 06525 250302 ACH NOC - ELECTRONIC 6.50000 1 6.50
GENERAL ACH SERVICES Subtotal 180.05
Pro Forma 2 of 13 597
Item 19.

WF AFP Service
Code Code Service Description Unit Price Volume Charges

WIRE & OTHER FUNDS TRANSFER SERVICE
ES030 350300 WIRE IN TO USA ACCT-USA DOMESTIC 10.00000 2 20.00 CS063 350510 WIRE OUT USA ACCT- STANDING 3.00000 0 0.00 ES074 350580 WIRE VERIFY CALL BACK 15.00000 1 15.00
ES139 350100 WIRE OUT DOMESTIC CEO/API 4.00000 2 8.00
WIRE & OTHER FUNDS TRANSFER SERVICE Subtotal 43.00

INFORMATION SERVICES
34123 40022Z CEO ALERTS SERVICE - EMAIL 0.04000 21 0.84 34121 400274 CEO INTRADAY REPORTING ITEMS RPTD 0.10000 100 10.00 34120 400055 CEO INTRADAY REPORTING SUBSCRIPTION 25.00000 1 25.00 34115 400271 CEO PREV DAY REPORTING ITEMS LOADED 0.10000 500 50.00 34100 400052 CEO PREV DAY REPORTING SUBSCRIPTION 25.00000 1 25.00 15017 400003 DESKTOP DEPOSIT MONTHLY BASE 10.00000 1 10.00 INFORMATION SERVICES Subtotal 120.84

SETUP CHARGES

LOCKBOX SERVICES
03850 050138 LOCKBOX SET UP 0.00000 1 0.00
LOCKBOX SERVICES Subtotal 0.00
12021 200410 ARP SET UP 0.00000 1 0.00
PAPER DISBURSEMENT RECON SERVICES Subtotal 0.00
ES201 251000 ACH SET UP 0.00000 1 0.00
06094 251001 ACH FRAUD FILTER - SET UP 0.00000 1 0.00
GENERAL ACH SERVICES Subtotal 0.00
Total Analyzed Charges 0.00
*Total Fee Based Charges 0.00
Total Service Charges 0.00
Pro Forma 3 of 13 598
Item 19.

Disclosures
We created this proposal for you based on our understanding of your requirements and the services in which you expressed interest. This proposal confirms the deposit and treasury management services and the pricing we plan to provide you based on certain assumptions including projected volumes and other relevant information you provided.

This document is confidential. Please do not share it without first obtaining our written permission. The services and pricing contained in this proposal are valid for 90 days. The pricing is subject to change if the actual volume or scope of services differs from the assumptions upon which we based the pricing.

Please let us know if you believe this proposal does not accurately represent the prices or services we discussed with you. If you have questions about the services in this proposal, please contact your Treasury Management Sales Consultant or visit:
www.wellsfargo.com/accountanalysis for additional information about the services.

Regarding your services
Alerts Service
Charges are assessed against the volume of Alerts per user, per company, per month basis. Users are only charged for the first 80 events/alerts per month, per delivery mechanism (email or text). There is no per company cap for billing.

Wire Book Transfer
A CEO Wire book transfer is between two accounts initiated via CEO Wires Book Transfer workflow. A Payment Manager Book transfer is charged when the debit and credit accounts are setup in a single CEO Company id and entitled to Book Transfer.

Services with No Volumes
Services listed with zero volume are not included in the estimated monthly analysis fee but are included in the event the service is used in the future.

This message may contain confidential and/or privileged information. If you are not the addressee or authorized to receive this for the addressee, you must not use, copy, disclose, or take any action based on this message or any information herein. If you have received this message in error, please advise the sender immediately by reply email and delete this message.Thank you for your cooperation. © 2022 Wells Fargo Bank, N.A. All rights reserved. Not intended for public distribution.

Pro Forma 4 of 13 599
Item 19.

Wells Fargo Treasury Management Pricing
City of Beaumont Pricing as of June 2022
WF AFP
Code Code Service Description Charge Basis Price
Cash Vault
08160 100501 CASH VAULT DEP - ADJUSTMENT Adjustment 6.50000 08110 100144 CASH VAULT COIN ROLLS FURNISHED Coin roll 0.12000 08416 100199 CASH VAULT CURRENCY FURNISHED Dollar 0.00130 08190 100140 CASH VAULT CASH ORDER-CALL IN Cash order 3.75000 08116 100145 CASH VAULT COIN FURN-STD HALF BOX Coin box 4.00000 08115 100146 CASH VAULT COIN FURNISHED-STD BOX Coin box 4.00000 08071 100111 CASH VAULT DEP - NONSTD COIN BAG Coin bag 12.00000 08008 100110 CASH VAULT DEP - ROLLED COIN Coin roll 0.12000 08067 100113 CASH VAULT DEP - STD COIN BAG Coin bag 3.50000 08181 100141 CASH VAULT ORDER - AUTOMATED Transaction 3.75000 08630 100147 CASH VAULT ORDER - FED STD BAG Coin bag 3.00000 08114 100147 CASH VAULT ORDER - HALF STD BAG Coin bag 3.00000 08210 100154 SAFEVANTAGE EXPEDITED CREDIT $ pass through 0.00010 08208 100154 SV PREMIUM DEPOSIT CREDIT Location 5.00000 General Account Services
08025 100015 MISCELLANEOUS CREDITS POSTED Transaction 0.55000 24250 150340 OVERDRAFT CHARGE-PAID ITEM Transaction 35.00000 CK049 010310 DDA STATEMENT - PAPER Statement 5.00000
CK030 010410 CLIENT ANALYSIS STATEMENT-PAPER Statement 5.00000 CK672 010630 BANK CONFIRMATION AUDIT REQUEST Request 65.00000 CK673 010640 CREDIT RATING AUDIT REQUEST Inquiry 50.00000 Gen Acct Services Recoupment
IAMTH 000230 RECOUPMENT MONTHLY Deposit assessment 0.12750 Additional Service Charges for Disclosure
Customer Price Report 5 of 13
600
Item 19.

WF AFP
Code Code Service Description Charge Basis Price
Image Delivery
64104 151350 IFI MAINTENANCE PER PRODUCT Customer ID 75.00000 27707 400340 CEO SEARCH Inquiry 0.16000
12812 151352 CEO IMAGE VIEW 90 DAYS - ITEM Image retrieved 0.01000 MSC-TM
03303 050410 LBX PKG US MAIL DELIVERY $ pass through 1.00000 22222 150810 PRINTING & SUPPLIES-VENDOR Account 0.01000 Paper Checks Deposited
002 100225 DEPOSITED CHECK Check deposited 0.15000
Wholesale Lockbox
36703 050135 LBX MATCHING FILE BASE Lockbox 60.00000
03102 050000 LBX REMIT PROCESSED CASH Remittance 12.00000 03611 050000 LBX REMIT PROCESSED EXPRESS MAIL Remittance 2.50000 36731 050530 LBX CORRESPONDENCE OR REJECTS Envelope 0.70000 52035 050425 LBX IMAGE FILE IMPORT Image 0.03000
36745 050129 LBX VALUE ADDED KEYING Keystroke 0.02500
34222 05031Z LBX CEO TIR REPORT PER ITEM Item accessed 0.05000 ACH Fraud Filter
34334 251050 ACH CEO FRAUD FILTER STOP MTHLYBASE Account 10.00000 34338 251052 ACH CEO FRAUD FILTER STOP - ITEM Transaction filtered 5.00000 34335 251053 ACH CEO FRAUD FILTER REVIEW - ITEM Transaction filtered 5.00000 ACH Origination
ES216 250102 ACH SAME DAY Transaction 0.50000
ES206 250120 ACH ORIGINATED - ADDENDA REC Addenda record 0.05500 ES254 250501 ACH ORIGINATION/REJECT DATA - FILE Batch/file 3.50000 ES240 250310 ACH RETURN ITEM-REDEPOSITED Transaction 6.50000 ES362 250311 ACH RETURN ITEM - DISHONORED Transaction 6.50000 06507 250312 ACH RETURN UNAUTHORIZED -ELECTRONIC Return 6.50000 06511 250312 ACH RETURN UNAUTHORIZED QUALITY FEE Return 5.00000 ES230 250620 ACH DELETE - ITEM Delete 10.00000
ES361 250642 ACH REVERSAL - ITEM Reversal 10.00000
06510 251010 ACH AUTHORIZATION INVESTIGATION Investigation 50.00000 06508 251010 ACH COMPLEX SPECIAL INVESTIGATION Hour 210.00000 ES231 250620 ACH DELETE/REVERSE - BATCH/FILE Batch/file 15.00000 34285 250703 CEO ACH HYP ITM DET INQ - PER ITEM Inquiry 1.50000 Customer Price Report 6 of 13
601
Item 19.

WF AFP
Code Code Service Description Charge Basis Price
ACH Receive
ES349 250220 ACH RECEIVED ADDENDA Addenda record 0.03000 Account Reconcilement
34421 400272 ARP STMTS & RPTS (CSV/EXCEL) / ITEM Transaction 0.00500 34420 400051 ARP STMTS & RPTS (CSV/EXCEL) BASE Account 5.00000 34337 200201 CEO CHECK ISSUES-ITEM Check issued 0.30000 12687 209999 ARP AGED ISSUE RECORDS ON FILE-ITEM Record 0.02000 12609 200310 ARP PAPER STATEMENT/REPORT DELIVERY Statement 20.00000 12684 200310 ARP PAPER STMT/REPORT MONTHLY BASE Account 20.00000 12615 200304 ARP PDF STMTS/RPTS-TRANSMISSION Account 50.00000 Desktop Deposit/Electronic Check
790 100230 ELECTRONIC DEPOSIT - DEP ADJUSTMENT Adjustment 18.00000 General Disbursement Services
22030 150412 STOP PAYMENT - AUTO RENEWAL Stop payment 4.00000 12677 150300 MICR CHECK REJECTS >1% THROUGH 2%Reject 0.80000 12678 150300 MICR CHECK REJECTS OVER 2%Reject 1.75000
22225 150240 CHECK CASHING THRESHOLD MO BASE Account 10.00000 MD091 150240 PYMT AUTH MAX CHECK MTHLY BASE Account 17.00000 12670 150410 STOP PAYMENT - ONLINE Stop payment 12.00000 12671 150420 STOP PAYMENT - OPERATOR ASSISTED Stop payment 30.00000 12673 150411 STOP PAYMENT - RANGE Stop payment 15.00000 Incoming Wire Transfers
ES030 350300 WIRE IN TO USA ACCT-USA DOMESTIC Transfer 10.00000 ES191 350320 WIRE IN XBDR CORRESP BANK-USD/FX Transfer 7.00000 ES076 350310 WIRE IN XBDR USA ACCT-USD OR FX Transfer 20.00000 18030 350330 WIRE IN REPAIR Exception 9.00000
Positive Pay
DS191 150122 PAYEE VALIDATION STANDARD-ITEM Check paid 0.01000 DS194 150299 PAYEE VALIDATION MANUAL REVIEW/ITEM Check 0.25000 34336 150724 POSITIVE PAY EXCEPTION - CEO IMAGE Image retrieved 0.50000 12908 150310 POS PAY CHECKS WITH NO ISSUE RECORD Check 0.50000 12505 150222 POSITIVE PAY EXCEPTION CHECKS RETND Check returned 10.00000 12903 150310 POSITIVE PAY EXCEPTIONS - ITEM Exception 5.00000 12906 150401 POSPAY VERIFICATION CALL-CASHED Call 20.00000 Returned Items
CK064 100416 CEO RETURN ITEM SERVICE MTHLY BASE Customer ID 0.00000 CK081 100401 RETURN ITEM SPECIAL INST MTHLY BASE Account 38.00000 Customer Price Report 7 of 13
602
Item 19.

WF AFP
Code Code Service Description Charge Basis Price
Wires Origination and Reporting
18901 350115 WIRE OUT XBDR FX CEO/API Transfer 25.00000 ES141 350120 WIRE BOOK TRANSFER CEO/API Transfer 4.00000 18602 350560 WIRE INVESTIGATION Investigation 65.00000
18031 350541 WIRE OUT REPAIR Exception 9.00000
Branch Services
08172 100501 ADJ FOR CASH DEPOSITED IN WF BRANCH Adjustment 13.00000 CK161 100006 CASH DEPOSITED IN WF BRANCH Dollar 0.00300 CK771 100010 LOOSE COIN DEPOSITED IN BRANCH Coin bag 10.00000 CK197 100040 CASH ORDER FEE IN A WF BRANCH Transaction 9.00000 CK131 100040 ROLLED COIN FURNISHED BY WF BRANCH Coin roll 0.50000 CK141 100040 CURRENCY FURNISHED BY WF BRANCH Dollar 0.00300 22810 150500 WF CHK CASHED FOR NONACCT HOLDER Check cashed 0.00000 08052 100006 BRANCH DEPOSIT Deposit 3.50000
22812 019999 NON ACCT HOLDER CHK CASHING - PAYEE Check cashed 0.00000 Other Non TM
ODACT 000210 DAILY USE OF UNCOLL FUNDS-ACCT LVL $ pass through 1.00000 Sweep
34110 450405 SWEEP ACCOUNT POSITION REPORT Sweep master account10.00000 22087 450403 SWEEP STAGECOACH MUTUALFND ELECTNIC Statement 0.00000 22094 450200 SWEEP STAGECOACH MUTUAL FND MO BASE Account 0.00000 Setup Charges
64100 151357 IFI SETUP PER PRODUCT Customer ID 0.00000
03850 050138 LOCKBOX SET UP Lockbox 0.00000
03082 050137 LBX PROGRAMMING Hour 100.00000
34375 251120 CEO ACH ORIG NEW CO ID SETUP Setup 0.00000 06092 251001 ACH ORIGINATION NEW COMP ID-SET UP Setup 0.00000 18325 359999 WIRE ACCOUNT ADD CEO/API Account 0.00000
For additional service definitions, please contact your Treasury Management Sales Consultant or visit:
www.wellsfargo.com/accountanalysis
Customer Price Report 8 of 13
603
Item 19.

Service Description Unit Volume Activity Price Unit total General account services:

Account maintenance 1 10.0000 10.00
Checks Returned with Statements 7 N/A 0.00
Depository Services
Deposits 350 3.0000 1,050.00
Checks Paid 40 0.1000 4.00
Deposited Items - On Us 60 0.0600 3.60
Deposited Items – Local Clearing 90 0.0600 5.40
Deposited Items – Other 100 0.0600 6.00
Currency Deposited 1 $25,000 0.0013 32.50
Returned Item Debit 10 10.0000 100.00
ACH Returned Item Debit 5 6.5000 32.50
Returned Item Reclear Fee 0 5.0000 0.00
Returned Item Special Handling 0 0.6000 0.00
Controlled Disbursement Services
Checks Paid (on Accounts Payable) 2 40 Minimum2 75.00
Positive Pay Package 1 15.0000 15.00
Cash Reporter/Information Reporting 1 15.0000 15.00
ACH Services
File Input 0 0.00
Credit - Incoming 10 0.1000 1.00
Debit – Incoming 25 0.1000 2.50
Notification of Change 1 6.5000 6.50
Wire Transfer Services
Incoming Domestic Wire 2 10.0000 20.00
Outgoing Domestic Wire 2 4.0000 8.00
Non-PC Repetitive Outgoing Domestic Wire 0 3.0000 0.00
Wire Notification (Phone)1 15.0000 15.00
Information Reporting Services
Basic Online A/C Maintenance 1 25.0000 25.00
Basic Online Detail Transactions 500 0.1000 50.00
Online CM ACH Maintenance (Stand Alone)1 15.0000 15.00
ACH Upload Expense 1 N/A 0.00
Grand total $1,492.00
NOTES:
1 Updated volume to reflect the average dollar amount of cash and coin deposited monthly. 2 There is a minimum fee for our ARP Full Reconciliation Per Item charge. The per item charge is .12 if the minimum is exceeded.

Banking Services Proposal — Required Services
Estimated Monthly Activity Detail
Please reference the attached Wells Fargo Treasury Management Pro Forma to see the full detailed proposed pricing. Please see the conversion allowance in the RFP response that can be used to offset monthly fees and setup costs. 604
Item 19.

Service Description Unit Volume Activity Price Unit total General Account Services:

RECOUPMENT MONTHLY 17,000 0.1275 2,167.50
Account Reconcilement:

ARP OPTIONAL REPORTS 42 5.00000 210.00
ARP OUTPUT - TRANSMISSION 21 2.00000 42.00
PAYEE VALIDATION STANDARD-ITEM 40 0.01000 0.40
CEO ARP STMT & RPTS MONTHLY BASE 1 8.00000 8.00
OUTGOING TRANSMISSION - PER ITEM 40 0.01000 0.40
Depository Services
CASH VAULT DEP - ADJUSTMENT 20 6.50000 130.00
CASH VAULT COIN ROLLS FURNISHED 27 0.12000 3.24
CASH VAULT CURRENCY FURNISHED 9 0.00130 0.01
DESKTOP DEPOSIT MONTHLY BASE 1 10.00000 10.00
DESKTOP DEPOSIT-DEPOSIT CREDITED 21 0.55000 11.55
Wholesale Lockbox
LBX WHOLESALE BASE 1 220.00000 220.00
LBX TRANSMISSION BASE 1 125.00000 125.00
MISCELLANEOUS CREDITS POSTED 21 0.55000 11.55
WHOLESALE LOCKBOX - DEPOSITED CHECK 1,900 0.14000 266.00 LBX STANDARD CHECK PROCESSED 1,900 0.20000 380.00
LBX DOCUMENT SCANNED 3,800 0.03500 133.00
LBX CEO TIR REPORT PER ITEM 21 0.05000 1.05
ACH Services
ACH RECEIVED ITEM 35 0.10000 3.50
ACH CEO FRAUD FILTER REVIEW MO BASE 1 10.00000 10.00
ACH CEO RETURN SUBSCRIPTION - ITEM 6 0.20000 1.20
ACH CEO RETURN SUBSCRIPTION-ACCOUNT 1 10.00000 10.00
ACH FUTURE DATED ITEM 1,847 0.05000 92.35
ACH TRANSMISSION CHARGE 4 2.00000 8.00
Information Reporting Services
CEO ALERTS SERVICE - EMAIL 21 0.04000 0.84
CEO INTRADAY REPORTING ITEMS RPTD 100 0.10000 10.00
CEO INTRADAY REPORTING SUBSCRIPTION 1 25.00000 25.00
Grand total $3,880.59
ONE TIME Setup Charges
ACH FRAUD FILTER - SET UP 1 0.0000 0.00
ACH SET UP 1 0.0000 0.00
ARP SET UP 1 0.0000 0.00
LOCKBOX SET UP 1 0.0000 0.00
Banking Services Proposal — Required Services
ADDITIONAL Standard Monthly Activity Detail
The below activity detail reflects additional charges and volumes anticipated based on our understanding of the City's requirements and the services in the RFP. We have used data from the Q & A responses, the analysis statements provided, as well as the services requested in the RFP scope. Please reference the attached Wells Fargo Treasury Management Pro Forma to see the full detailed proposed pricing which includes all volumes provided as well as the below volumes added. Please see the conversion allowance in the RFP response that can be used to offset monthly fees and setup costs.
605
Item 19.

ITEM NO. SERVICE DESCRIPTION SUMMARY Per unit Monthly
08160 CASH VAULT DEP - ADJUSTMENT 6.5000
08190 CASH VAULT CASH ORDER-CALL IN 3.7500
08116 CASH VAULT COIN FURN-STD HALF BOX 4.0000
08115 CASH VAULT COIN FURNISHED-STD BOX 4.0000
08110 CASH VAULT COIN ROLLS FURNISHED 0.1200
08416 CASH VAULT CURRENCY FURNISHED 0.0013
08071 CASH VAULT DEP - NONSTD COIN BAG 12.0000
08008 CASH VAULT DEP - ROLLED COIN 0.1200
08067 CASH VAULT DEP - STD COIN BAG 3.5000
08181 CASH VAULT ORDER - AUTOMATED 3.7500
08630 CASH VAULT ORDER - FED STD BAG 3.0000
08114 CASH VAULT ORDER - HALF STD BAG 3.0000
08210 SAFEVANTAGE EXPEDITED CREDIT 0.0001
08208 SV PREMIUM DEPOSIT CREDIT 5.0000
24250 OVERDRAFT CHARGE-PAID ITEM 35.0000
CK049 DDA STATEMENT - PAPER 5.0000
CK030 CLIENT ANALYSIS STATEMENT-PAPER 5.0000
CK672 BANK CONFIRMATION AUDIT REQUEST 65.0000
CK673 CREDIT RATING AUDIT REQUEST 50.0000
IAMTH RECOUPMENT MONTHLY 0.1275
64104 IFI MAINTENANCE PER PRODUCT 75.0000
27707 CEO SEARCH 0.1600
12812 CEO IMAGE VIEW 90 DAYS - ITEM 0.0100
03303 LBX PKG US MAIL DELIVERY 1.0000
22222 PRINTING & SUPPLIES-VENDOR 0.0100
002 DEPOSITED CHECK 0.1500
36703 LBX MATCHING FILE BASE 60.0000
03102 LBX REMIT PROCESSED CASH 12.0000
03611 LBX REMIT PROCESSED EXPRESS MAIL 2.5000
36731 LBX CORRESPONDENCE OR REJECTS 0.7000
52035 LBX IMAGE FILE IMPORT 0.0300
36745 LBX VALUE ADDED KEYING 0.0250
Please submit information on any standard monthly service charges that are not listed in the Monthly Activity Detail and use the same format shown in the Monthly Activity Detail. If any service charges are one-time set-up or service charges, or are to be no charge to the City, please make note of this.

All proposals for additional service must be accompanied by supplemental attachments describing in full the services offered along with monthly cost detail.

BANKING SERVICES PROPOSAL – ADDITIONAL SERVICES
Cost
606
Item 19.

ITEM NO. SERVICE DESCRIPTION SUMMARY Per unit Monthly
34334 ACH CEO FRAUD FILTER STOP MTHLYBASE 10.0000
34338 ACH CEO FRAUD FILTER STOP - ITEM 5.0000
34335 ACH CEO FRAUD FILTER REVIEW - ITEM 5.0000
ES216 ACH SAME DAY 0.5000
ES206 ACH ORIGINATED - ADDENDA REC 0.0550
ES254 ACH ORIGINATION/REJECT DATA - FILE 3.5000
ES240 ACH RETURN ITEM-REDEPOSITED 6.5000
ES362 ACH RETURN ITEM - DISHONORED 6.5000
06507 ACH RETURN UNAUTHORIZED -ELECTRONIC 6.5000
06511 ACH RETURN UNAUTHORIZED QUALITY FEE 5.0000
ES230 ACH DELETE - ITEM 10.0000
ES361 ACH REVERSAL - ITEM 10.0000
06510 ACH AUTHORIZATION INVESTIGATION 50.0000
06508 ACH COMPLEX SPECIAL INVESTIGATION 210.0000
ES231 ACH DELETE/REVERSE - BATCH/FILE 15.0000
34285 CEO ACH HYP ITM DET INQ - PER ITEM 1.5000
ES349 ACH RECEIVED ADDENDA 0.0300
34421 ARP STMTS & RPTS (CSV/EXCEL) / ITEM 0.0050
34420 ARP STMTS & RPTS (CSV/EXCEL) BASE 5.0000
34337 CEO CHECK ISSUES-ITEM 0.3000
12687 ARP AGED ISSUE RECORDS ON FILE-ITEM 0.0200
12609 ARP PAPER STATEMENT/REPORT DELIVERY 20.0000
12684 ARP PAPER STMT/REPORT MONTHLY BASE 20.0000
12615 ARP PDF STMTS/RPTS-TRANSMISSION 50.0000
08172 ADJ FOR CASH DEPOSITED IN WF BRANCH 13.0000
CK161 CASH DEPOSITED IN WF BRANCH 0.0030
CK771 LOOSE COIN DEPOSITED IN BRANCH 10.0000
CK197 CASH ORDER FEE IN A WF BRANCH 9.0000
CK131 ROLLED COIN FURNISHED BY WF BRANCH 0.5000
CK141 CURRENCY FURNISHED BY WF BRANCH 0.0030
22810 WF CHK CASHED FOR NONACCT HOLDER 0.0000
08052 BRANCH DEPOSIT 3.5000
22812 NON ACCT HOLDER CHK CASHING - PAYEE 0.0000
790 ELECTRONIC DEPOSIT - DEP ADJUSTMENT 18.0000
22030 STOP PAYMENT - AUTO RENEWAL 4.0000
12677 MICR CHECK REJECTS >1% THROUGH 2%0.8000
12678 MICR CHECK REJECTS OVER 2%1.7500
22225 CHECK CASHING THRESHOLD MO BASE 10.0000
MD091 PYMT AUTH MAX CHECK MTHLY BASE 17.0000
12670 STOP PAYMENT - ONLINE 12.0000
12671 STOP PAYMENT - OPERATOR ASSISTED 30.0000
12673 STOP PAYMENT - RANGE 15.0000
ES030 WIRE IN TO USA ACCT-USA DOMESTIC 10.0000
ES191 WIRE IN XBDR CORRESP BANK-USD/FX 7.0000
Cost
607
Item 19.

ITEM NO. SERVICE DESCRIPTION SUMMARY Per unit Monthly
ES076 WIRE IN XBDR USA ACCT-USD OR FX 20.0000
18030 WIRE IN REPAIR 9.0000
ODACT DAILY USE OF UNCOLL FUNDS-ACCT LVL 1.0000
DS194 PAYEE VALIDATION MANUAL REVIEW/ITEM 0.2500
DS191 PAYEE VALIDATION STANDARD-ITEM 0.0100
34336 POSITIVE PAY EXCEPTION - CEO IMAGE 0.5000
12908 POS PAY CHECKS WITH NO ISSUE RECORD 0.5000
12505 POSITIVE PAY EXCEPTION CHECKS RETND 10.0000
12903 POSITIVE PAY EXCEPTIONS - ITEM 5.0000
12906 POSPAY VERIFICATION CALL-CASHED 20.0000
CK064 CEO RETURN ITEM SERVICE MTHLY BASE 0.0000
CK081 RETURN ITEM SPECIAL INST MTHLY BASE 38.0000
34110 SWEEP ACCOUNT POSITION REPORT 10.0000
22087 SWEEP STAGECOACH MUTUALFND ELECTNIC 0.0000
22094 SWEEP STAGECOACH MUTUAL FND MO BASE 0.0000
18901 WIRE OUT XBDR FX CEO/API 25.0000
ES141 WIRE BOOK TRANSFER CEO/API 4.0000
18602 WIRE INVESTIGATION 65.0000
18031 WIRE OUT REPAIR 9.0000
64100 IFI SETUP PER PRODUCT 0.0000
03082 LBX PROGRAMMING 100.0000
34375 CEO ACH ORIG NEW CO ID SETUP 0.0000
06092 ACH ORIGINATION NEW COMP ID-SET UP 0.0000
18325 WIRE ACCOUNT ADD CEO/API 0.0000
Cost
608
Item 19.

Desktop Deposit® – Compatible Scanners and Price Schedule Quick Reference Guide

Prices effective July 1, 2022
Prices listed are base prices, subject to change without notice, and do not include shipping, handling, or tax.

Suggested
daily check
volume
Scanner type Description Warranty Charge basis $ Price

Fewer than
20 per day

CEO Mobile®
Deposit
Desktop Deposit users with scan
and balance authorizations can
deposit checks from a camera-
enabled iPhone, iPad, or Android
smartphone through the
downloadable CEO Mobile app
available from the Apple App Store and Google Play Store.

N/A N/A N/A

Digital Check
CheXpress CX 30-IJ
– single feed
12 month per unit $496.00
24 month per unit $533.00

Fewer than
500 per day

Digital Check TS 240-50
• 50 documents per minute

12 month

per unit

$760.00
24 month per unit $810.00

Panini Vision X 50
• 50 documents per minute

• Mac Compatible
12 month per unit $763.00
24 month per unit $813.00

More than 500

Digital Check TS 240-100
• 100 documents per minute

12 month

per unit

$998.00

24 month

per unit

$1,048.00
per day Canon CR190i II
• 190 documents per minute
Note: Allow five to seven extra
business days for delivery.

12 month

per unit

$2,734.00

24 month

per unit

$3,093.00

The following scanners are not sold through Wells Fargo’s scanner fulfillment partner, but are compatible with our service.

• Digital Check TS240-75
• Canon CR190i
• Panini Vision X 75
• Panini Vision X 60 AGP
609
Item 19.

Desktop Deposit – Compatible Scanners and Price Schedule Quick Reference Guide 2 July 2022

Desktop Deposit price schedule (continued)

12-month extended warranty – purchased at expiration
Panini Vision X 50 per unit $102.91
Digital Check CX30 single feed per unit $89.00
Digital Check TS240 batch scanners per unit $108.00
24-month extended warranty – purchased at expiration
Panini Vision X 50 per unit $194.44
Digital Check CX30 single feed per unit $171.00
Digital Check TS240 batch scanners per unit $204.00
36-month extended warranty – purchased at expiration
Panini Vision X 50 per unit $277.86
Digital Check CX30 single feed per unit $245.00
Digital Check TS240 batch scanners per unit $292.00
Maintenance fees
Cleaning: Includes removal of loose dirt and debris, complete cleaning of the magnetic head, and cleaning of all rubber roller surfaces.
per unit $68.89
Checkout: Includes evaluation and testing of unit/parts to specified standards.

Note: Only applies if no problem is found.
per unit $66.95
Preventive maintenance: Includes a standard cleaning plus replacement of all O-rings and the drive belt.
per unit $159.00
Expedite: One day turnaround on warranty or service procedures. per unit $55.06 Expedite: Same day turnaround on warranty or service procedures. per unit $105.99 Repairs: Not covered under warranty per hour plus parts $159.00 Repairs: Not covered under warranty Flat rate covers all work (except camera or
motherboard)
$177.00
Supplies
Franker for Panini i:Deal per franker $24.00
Ink cartridge for Panini Vision X per cartridge $23.09
Ink cartridge for Digital Check per cartridge $23.09
3-pack ink cartridge for Panini or Digital Check per 3-pack of cartridges $60.90 Ink cartridge for Panini AGP per cartridge $58.88
Check retention bags per 100 bags $25.08
Replacement box w/inserts (CX30) per kit $19.66
Replacement box w/inserts (TS240) per kit $24.95
Replacement box w/inserts (Panini) per kit $35.95
Cleaning kit for Panini per kit $61.00
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Item 19.

Desktop Deposit – Compatible Scanners and Price Schedule Quick Reference Guide 3 July 2022
Cleaning kit for Digital Check per kit $58.00
Cleaning kit for Digital Check (small) per kit $18.71
Cleaning cards for Canon per pack $22.84
Cleaning swabs for Digital Check per pack $7.30
Other
Billing adjustments per occasion $15.75
Restocking – Cancelled orders (unopened units only) per unit $75.00

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Item 19.

0.25%On Gross Visa®, MasterCard®, Discover® Network Card and American Express Sales PIN Debit & Electronic Benefits Transfer (EBT) Processing Fees $0.30 Per PIN Debit Transaction (applies to completed and declined transactions)

EBT NOT ENTITLED
Applicable PIN Debit Network, Switch, Service and Administrative fees are passed through on all PIN Debit transactions (completed and declined). Applicable PIN Debit Network Interchange fees are passed through on completed PIN Debit transactions only.

Applicable Fee Schedules:

Payment Networks Qualification Matrix https://www.wellsfargo.com/biz/creditinterchangeplus Payment Networks Pass-Through Fees https://www.wellsfargo.com/biz/merchantpassthroughfees PIN Debit Networks Fee Schedule (if applicable) https://www.wellsfargo.com/biz/merchantdebitfees Merchant Statement Fee Description Glossary https://www.wellsfargo.com/interchangefeeglossary Dues, assessments and pass-through fees are disclosed in the schedules above.

Other Processing Fees
Set-Up Fee -$ per location
Monthly Minimum Processing Fee 9 -$ per month Incoming Chargeback Fee 2 15.00$ per incoming chargeback Incoming/Outgoing Exception Chargeback Fee 2 15.00$ per exception chargeback Chargeback Fax/Mail Fee 12 10.00$ per Fax/Mail response Monthly Service Fee (per location)10.00$ per month Statement Billing Fee (Paper Statement) 7 -$ per month Voice Authorization Fee 0.75$ per attempt Annual Fee -$ per location
Authorization/EDC Fee - Visa, MasterCard, Discover Network Card (Credit and Non-PIN Debit) 3 N/A per attempt Authorization/EDC Fee - American Express (Credit and Prepaid) 3 N/A per attempt TransArmor Token & Encrypt 13 0.01$ per attempt TransArmor Token Registration Fee 13 0.01$ per attempt Legacy Data Conversion Fee 14 0.01$ per conversion Electronic Address Verification Service Fee 0.02$ per attempt Voice (Manual) Address Verification Fee 2.00$ per attempt Annual Compliance Support Fee 5 -$ per location PCI Compliance Service Program Fee 8 -$ per month, per location Non-validation PCI Compliance Fee 8 25.00$ per month, per location Proposal Date: 06/24/2022
Merchant Services Product Sales Consultant: Todd Reed
Fee schedules are updated periodically. To obtain the current applicable fee schedules, as well as a glossary of fee descriptions that may appear on your merchant statement, please refer to the URLs above for more information. If you have questions or cannot access the schedules, please contact your Merchant Card Representative and request that a copy of the applicable fee schedules be mailed or faxed to you.

As noted in your Merchant Agreement, Payment Networks change their rates/fees from time to time. They are likely to revise rates/fees in April and October, but this timing is subject to change. To learn more about impacts to fee schedules resulting from Payment Network changes, please visit the URLs above or request an updated schedule.

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Item 19.

1.00%per transaction

0.00%per transaction
Terminal Reprogramming Fee (Terminal) - Applies to Customer Owned Terminals Only 75.00$ per unit 150.00$ per unit
Security Swap Fee for PIN Debit - Applies to Customer Owned PIN Pads Only 75.00$ per unit Card Imprinter Option -$
Rush Shipping Option N/A
1) Clients may elect to participate in the Discover Network Card program or the Discover EDC program, but not both. Under the “Discover Network Card program,” Clients receive all Discover-related authorization, processing and settlement services from WFMS. Under the “Discover EDC program,” Clients enter into a direct agreement with Discover, and WFMS provides only authorization and capture services related to Discover Network Cards. Clients may also elect to participate in the American Express program or the American Express EDC program, but not both. Under the “American Express program,” Clients receive all American Express-related authorization, processing and settlement services from WFMS. Under the “American Express EDC program,” Clients enter into a direct agreement with American Express, and WFMS provides only authorization and capture services related to American Express Cards. In all cases, any services provided by WFMS for Discover and American Express transactions are subject to the terms of Client’s Agreement with WFMS.
2) Client acknowledges and understands that an authorization only indicates the availability of the Cardholder's credit at the time the authorization is requested. It does not warrant that the person presenting the card is the rightful Cardholder, nor is it an unconditional promise or guarantee that Client will not be subject to a chargeback or debit. A chargeback fee applies to all chargebacks processed by WFMS. 3) Authorization/EDC Fee applies to Visa and Discover Network Card credit authorizations, all Visa, MasterCard, Discover Network Card and American Express approvals (pre-authorizations, authorizations and authorization reversals), denials, batch inquiries, batch entry transactions and includes any transaction fees and capture fees. This fee does not apply to Discover EDC and American Express EDC. 5) The Annual Compliance Support Fee will be assessed and deducted from Client's Settlement Account at each anniversary date after the effective date.
6) American Express EDC/Discover EDC Authorization Fees apply to all approvals (pre-authorizations, authorizations and authorization reversals), denials, batch inquiries and batch entry transactions.
7) The monthly Statement Billing Fee can be waived if Client elects to access the monthly statement through Business Track or the Clover Dashboard instead of receiving a paper copy by mail. Once enrolled online, please contact Customer Service at 1-800-451-5817 to request that paper statements no longer be mailed. If online access is terminated by Client or as a result of at least 180 days of online inactivity, paper statements will be reinstated with the applicable monthly Statement Billing Fee. For information about online enrollment, please see Additional Services or contact Customer Service. 8) The monthly PCI Compliance Service Program Fee and Non-validation PCI Compliance Fee are part of the mandatory PCI Compliance Service Program. These fees apply to Level 3 and Level 4 Clients who utilize a card not present solution, a gateway or value added reseller (VAR). The program includes access to SecureTrust, a PCI compliance solution to help Client comply with the Payment Card Industry Data Security Standards (PCI DSS) requirements. Clients are required to register and complete a PCI DSS certification process by visiting https://pci.securetrust.com/wellsfargo . If Client does not comply or fails the PCI DSS certification process, Client will be charged a monthly Non-validation PCI Compliance Fee until the account becomes compliant.
9) If the total discount fee billed to the Client for Visa, MasterCard, Discover Network Card and American Express transactions in one month is less than the Monthly Minimum Processing Fee, then an additional fee will be charged to the Client equal to the Monthly Minimum Processing Fee less the total discount fee.
11) American Express charges Program Pricing fees and not interchange. Program Pricing fees and interchange fees are subject to change. 12) If Client elects to respond to a Chargeback via fax or mail, a dispute fee will be assessed for each response submitted. Business Track Dispute Manager and Clover Disputes are available as an online option at no additional cost. If not already enrolled, Client can self-enroll by logging into BusinessTrack.com and accessing Dispute Manager or logging into their Clover Dashboard and choosing Clover Disputes. 13) A TransArmor authorization fee for Token and Encryption or Token Registration processing. The fee applies to Visa, MasterCard and Discover Network Card (Credit and Non-PIN Debit), Discover EDC, American Express, American Express EDC, PIN Debit and EBT authorizations. Based on your current processing, the TransArmor authorization fee will be billed under one of the following statement descriptor, “TransArmor Token & Encrypt” or “TransArmor Token Registration”. However, if your processing method changes, the TransArmor authorization fee may be billed under one or more of the following statement descriptors: (i) TransArmor Token & Encrypt, (ii) TransArmor Token Only or (iii) TransArmor Token Registration. 14) A fee that applies to each unique conversion of: (i) a Primary Account Number to a Token or (ii) a Token to a Primary Account Number.

GeP Services Fee Visa/Mastercard (refunds, credits, returns and chargebacks are independent transactions)
GeP Services Fee American Express (refunds, credits, returns and chargebacks are independent transactions)
Terminal Reprogramming Fee - Integrated Terminal - Applies to Customer Owned Integrated Terminals Only
American Express EDC and Discover EDC Authorization 6
American Express EDC and Discover EDC Capture
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Item 19.

****FOR INFORMATIONAL PURPOSES ONLY****
Wells Fargo Merchant Services, L.L.C.- ("WFMS") - Pricing Terms City of Beaumont, CA
Assumptions
Credit Card Volume $6,237,962
Average Transaction Size $136
Number of Locations 4
Anticipated Interchange 11 Levels Internet: 020 089/077/317/973 Internet: 020 089/077/317/9H4
Retail: 001 009/023/310/972
Retail: 001 009/023/310/9H3
MCC Code Various - Refer to "Additional Notes" Section of Pricing Terms MCC Description Various - Refer to "Additional Notes" Section of Pricing Terms American Express® Industry Type Services & Professional Services / Emerging Market Discover® Network Card Program Yes
Communications Method line charges quoted separately Frame Relay / IPN Gateway Authorize.net
Pricing Option Interchange + Assessments + Rate
Proposal Date: 06/24/2022
Merchant Services Product Sales Consultant: Todd Reed
15) The price for the Clover Flex and/or the Clover Mini device(s) includes a starter kit and Clover Payments software. Client may choose a more advanced version of Clover software at an additional monthly fee per device and/or account, which will be assessed by Clover directly, and will not appear on Client's WFMS statement. 17) The fees for Clover Go are charged by WFMS. Clover Hardware is not required to use Clover Go. If Client adds Clover Hardware and chooses to upgrade to a more advanced version of Clover software, Client will be assessed by Clover directly with an additional monthly fee per device and/or account, which will not appear on Client's WFMS statement.

If Client has selected to accept TeleCheck Services, if applicable, the Additional Services page will contain the fees and rates billed to Client by TeleCheck.

If Client does not follow proper authorization procedures, a $50 chargeback handling fee will be assessed on MasterCard transactions.

American Express may Chargeback without first sending an Inquiry any time a Cardmember disputes a charge for any reason other than actual or alleged fraud. If in any three (3) consecutive months, the monthly ratio of Chargebacks (less Chargeback Reversals) to gross Charges (less Credits) exceeds one percent (1%), then an Excessive Chargeback fee for in the amount of $25 per Chargeback will be applied after the "excessive chargeback" threshold has been met.

If Client elects to respond to a Chargeback via fax or mail, a $10 dispute fee will be assessed for each response submitted. Business Track Dispute Manager and Clover Disputes are available as an online option at no additional cost. If not already enrolled, Client can self-enroll by logging into BusinessTrack.com and accessing Dispute Manager or logging into their Clover Dashboard and choosing Clover Disputes.

Client is responsible for any charges assessed by outside third parties that are not disclosed on the proposal. To the extent that this pricing proposal includes pricing for third party products and services, WFMS disclaims legal liability and responsibility for said products and services. Client's agreement with the third party provider shall govern Client's relationship with the third party provider. In the event that WFMS is billed for the third party's services, Client will reimburse WFMS for such services.

Client acknowledges and understands that WFMS shall have no responsibility or liability for any third party hardware or software procured and used by Client. To the extent Client has any issues, concerns or liability related to such hardware or software, Client must deal directly with the third party provider from whom Client procured the hardware or software. In no event will WFMS be responsible for any indirect, incidental or consequential damages that Client may incur as a result of using any third party hardware or software.

WFMS' proposal and associated pricing is based on the information provided. Any difference to our stated understanding may affect the proposed pricing. Without a signed agreement, this proposal expires 60 days from the proposal date stated above.

Rounding. In the event the amount being billed to Client for any line item on this pricing proposal includes a total ending in less than a full cent, WFMS will either round such amount up or down to the nearest cent.

Fees for supplies, shipping, handling, and applicable sales tax may apply and are subject to change without notice. Additional information is available upon request.

By acknowledging these Pricing Terms, Client is expressly agreeing that WFMS may share all of Client's personally identifiable information (for example, postal and email addresses, tax identification numbers, names and social security numbers of the authorized signer on the Client's Agreement with WFMS, account information, etc.), as well as Client's American Express transaction information (for example, all information required by American Express evidencing charges or credits, including information obtained at the point of sale, information obtained or generated during authorization and settlement, and any chargeback or other fee information related to an American Express payment card transaction), with American Express. American Express may use and share this information to perform its responsibilities in connection with the American Express payment card acceptance services that Client receives under the Client's Agreement with WFMS. American Express may also use and share this information to promote the American Express Network, to perform analytics and create reports, and for any other lawful business purpose including to call Client or send Client communications or materials via direct mail, email, SMS, text or facsimile regarding American Express products, services and resources available to Client. Client consents and agrees to receive autodialed, automated and/or prerecorded calls and communications (which may include SMS or text messages) at the telephone number(s) Client has provided. If Client has provided a fax number, Client consents and agrees to receiving fax communications from American Express. In connection with the foregoing, Client understands that the calls made or communications sent to Client by American Express may be subject to charges or fees by Client's telecommunications or other applicable service provider that are Client's responsibility to pay. If Client does not wish to receive marketing or other communications from American Express, or if Client wishes to discontinue accepting American Express payment cards, Client must contact WFMS at 1-800-451-5817 to disable Client's American Express acceptance services, and Client will no longer be permitted to accept American Express payment cards.WFB1221c 6/24/2022; 8:39 AM Page 3 of 5 City of Beaumont, CA - V2 Info Only Terms 614
Item 19.

****FOR INFORMATIONAL PURPOSES ONLY****
Wells Fargo Merchant Services, L.L.C.- ("WFMS") - Pricing Terms City of Beaumont, CA
Assumptions
Credit Card Volume $6,237,962
Average Transaction Size $136
Number of Locations 4
Anticipated Interchange 11 Levels Internet: 020 089/077/317/973 Internet: 020 089/077/317/9H4
Retail: 001 009/023/310/972
Retail: 001 009/023/310/9H3
MCC Code Various - Refer to "Additional Notes" Section of Pricing Terms MCC Description Various - Refer to "Additional Notes" Section of Pricing Terms American Express® Industry Type Services & Professional Services / Emerging Market Discover® Network Card Program Yes
Communications Method line charges quoted separately Frame Relay / IPN Gateway Authorize.net
Pricing Option Interchange + Assessments + Rate
Proposal Date: 06/24/2022
Merchant Services Product Sales Consultant: Todd Reed
The Operating Rules include summaries of some of the key rules and regulations from the Card Payment Networks that merchants must adhere to in connection with their card acceptance practices. For example, they describe the process for submitting card transactions for payment, obtaining authorizations, responding to chargebacks and media retrieval requests, and other aspects of our services. Client is required to comply with these Operating Rules in addition to all other applicable payment network rules. The Operating Rules also include additional terms and conditions applicable to Client's American Express Card Acceptance. By accepting American Express cards after the effective date of these Pricing Terms, Client is expressly agreeing that the terms and conditions of Client's agreement with WFMS, including the terms and conditions of the Operating Rules, also apply to Client's American Express accceptance. To obtain the latest copy of the Operating Rules that includes updates from American Express, please download them from this website: www.wellsfargo.com/operatingrules . Client may also contact WFMS at 1-800-451-5817 to request a paper copy of the Operating Rules.

Additional Notes:

MCC Code MCC Description
9399 GOVERNMENT SERVICES, NOT ELSEWHERE
4900 UTILITIES-ELECTRIC,GAS,WATER
Terms and Conditions of WFMS - Pricing Terms:
1) WFMS pricing as provided in its response to this RFP is based upon the information provided by City of Beaumont, CA (e.g., existing processing technology, number of merchant accounts, etc.) as of the date the pricing provided in WFMS RFP response was created. In responding to this RFP, WFMS only agrees to be bound to the pricing WFMS provided therein to the extent that the assumptions upon which it was based, was reasonably derived in relation to the information provided by City of Beaumont, CA as of the date of the creation of that pricing, are accurate and unchanged. In the event that WFMS is the successful bidder, and City of Beaumont, CA subsequently provides additional information to WFMS that would affect the pricing (including pass through fees paid by City of Beaumont, CA), WFMS shall not be bound by the pricing provided in the RFP response and shall have the right to revise the pricing based upon the corrected information provided by City of Beaumont, CA.

Further, should WFMS be the successful bidder for this RFP, City of Beaumont, CA shall be required to execute a Final Pricing Terms document. 2) Pricing may require an re-evaluation if the annual net sales volume or average transaction size are not as expected or if you significantly alter your method of doing business.

Card Type Annual Net Sales Volume Annual Net Transactions Average
Transaction Size
Visa / MasterCard / Discover $6,237,962 45,965 $135.71
3) Should any terminal require a reprogramming for credit card, non-bankcards or debit cards, the reprogramming charge is $75 per terminal and $150 per terminal with an integrated PIN Pad. This price includes download and telephone training. Customer owned PIN Pads require encryption and are charged a security swap fee of $75 per PIN Pad. 4) This pricing proposal assumes that City of Beaumont, CA will utilize First Data Merchant Services' North authorization network and First Data Merchant Services' North settlement/reporting platform. 5) Should City of Beaumont, CA require development needs of unique functionalities outside of certification, the City of Beaumont, CA will be billed $85 per hour of programming needed. 6) On-site service, outside of training provided by the Account Manager, will be billed at a rate of $70 per hour. Travel related costs will be passed through to City of Beaumont, CA.

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Item 19.

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Item 19.

Treasury Management Proposal

CITY OF BEAUMONT Pricing as of June 2022
WF AFP Monthly Activity
Code Code Service Description Charge Basis Price Volume Charges

MERCHANT CARD SERVICES
41912 070223 PMT GATEWAY CREDIT CARD TRANS Transaction 0.10$ 0 -$ 41913 070223 PMT GATEWAY ELECTRONIC CHECK TRANS Transaction 0.15$ 0 -$ ACH Origination fees apply to eCheck Trans
41910 070223 PMT GATEWAY MONTHLY BASIC Account 30.00$ 0 -$ 41938 070223 PMT GATEWAY SUBSCRIPTION TRANS Request 0.05$ 0 -$ Subtotal -$
Total Monthly Activity Charges -$
Setup Charges
41918 070223 PMT GATEWAY SET UP Account 125.00$ 0 -$ Total Setup Charges -$

Please let us know if you believe this proposal does not accurately represent the prices or services we discussed with you. If you have questions about the services in this proposal, please contact your Treasury Management Sales Consultant or visit: www.wellsfargo.com/accountanalysis for additional information about the services.

Regarding your services

Services with No Volumes
Services listed with zero volume are not included in the estimated monthly analysis fee but are included in the event the service is used in the future.

Customer Proposal Report 1 of 1
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Item 19.

reproduced, distributed, or used, in whole, or in part, for any purpose other than as expressly authorized by Wells Fargo Bank, N.A.

April 18, 2022
Dear Customer:

Sunil Seshadri
Chief Information Security Officer
Wells Fargo Bank, N.A.

This letter provides an overview of the Wells Fargo Information Security Program for our commercial, government, institutional, and other customers.

Information Security Risk Management Program
Wells Fargo considers the security of our customers’ data a top risk priority. We have a comprehensive, enterprise information security risk management program (IS Program) designed to safeguard the security and confidentiality of customer information globally. The IS Program is designed to:

Safeguard the security and confidentiality of customer information; Defend against anticipated threats or hazards to the security of information; Protect against unauthorized data access or use that results in substantial harm to the customer; and Ensure proper disposal of customer and consumer information.

The IS Program is designed to enhance information security governance and effective information security risk management. The IS Program is structured around an information security domain program that is influenced by prevailing industry standards and Wells Fargo experts (described below under Information Security Domains).

Information Security Governance
The Wells Fargo Board of Directors annually approves the Wells Fargo IS Program and receives regular updates. Wells Fargo’s Information and Cyber Security organization (ICS) is led by the Chief Information Security Officer (CISO). ICS is responsible for managing information security enterprise and ensuring information security risks are managed within the company’s risk appetite. ICS defines and executes core front-line information security controls to protect Wells Fargo systems, networks, and customer data through the design, execution, and oversight of the IS Program. ICS also dedicates Business Information Security Officers (BISOs) to each line of business to serve as security experts and provide strategic guidance.

All Wells Fargo organizations, employees, and contingent resources with access to Wells Fargo systems or sensitive information are required to adhere to Wells Fargo’s IS Program. Third parties and other non-employees with access to Wells Fargo systems or sensitive information are required to adhere to ISO 27001/27002 Standards on Information Security Management, or any successor standard (or alternate information security industry-recognized standards, e.g., Interagency Guidelines Establishing Information Security Standards, FFIEC IT Handbook – Information Security Booklet, and NIST SP-800-53 Security and Privacy Controls for Federal Information Systems and Organizations). The IS Program includes requirements to ensure that information and cyber security risks are effectively identified, assessed, mitigated, and reported throughout Wells Fargo in and outside the United States.

© 2022 Wells Fargo Bank, N.A. All rights reserved. This document contains information that is confidential and is the property of Wells Fargo Bank, N.A. The contents of this document may not be 618
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2 Wells Fargo Information Security Overview Letter
IS Program Standards
The Wells Fargo IS Program consists of policies, procedures, and controls adopted from industry standards and best practices, including:

National Institute of Standards and Technology (NIST) Cybersecurity Framework; NIST 800-53 Revision 5: Security and Privacy Controls for Federal Information Systems and Organizations; International Organization for Standardization (ISO) 27001:2013 standard; COBIT 5; and
Federal Financial Institutions Examination Council (FFIEC) IT Handbook.

Through its independent information security risk management oversight program, Wells Fargo Information Security Risk Management Oversight (ISRMO), oversees and credibly challenges ICS on its control requirements and risk posture.

ISRMO works closely with the CISO to ensure implementation and sustainability of an effective IS Program.

Cloud
Wells Fargo’s approach to cloud security is based on three key focus areas:

Cloud Control Framework: To manage risk in the cloud, we developed a cloud security strategy and defined a proprietary cloud security control framework based on industry authoritative sources (e.g., CSA and NIST) that applies to all cloud computing service models like Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS) and deployment types, such as private, public, and hybrid. The framework is continuously refined to adapt to evolving threats and emerging regulations. Cloud service providers are required to adhere to the Wells Fargo cloud security control framework.

Control Implementation: In alignment with the cloud security control framework, we deploy cloud security controls and enable consistent security configuration of cloud platforms and applications.

Continuous Monitoring: Repeatable and scalable processes monitor cloud security control requirements and effectiveness across the cloud computing environment, leveraging automated capabilities wherever possible.

Information Security Domains
The IS Program is organized around asset domains (what we protect) and process domains (how we protect). Itis designed to improve transparency, accountability, and consistency across the enterprise. The information security domains support existing information security risk management governance and are managed by domain owners who report to the CISO.

The information security domain model supports information security governance, transparency, and consistency across Wells Fargo’s global enterprise. The nine domains are:

Asset Domains Process Domains
Application Information Security Cyber Defense Management Information Protection Identity and Access Management
Infrastructure Information Security Information Security Risk Management Workforce Accountability Third Party Information Security Management Vulnerability Management
Each domain is described below.
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3 Wells Fargo Information Security Overview Letter
Application Information Security
The Application Information Security Domain provides an enterprise-wide set of policies, standards, controls, processes, and education necessary to reduce vulnerabilities that can be introduced through the software development lifecycle in Wells Fargo business applications. Effective Application Security reduces the risk that the company will have a material security breach or other significant impact resulting from our application portfolio.

Application security standards are a set of control requirements that must be met within the software development life cycle. From development, design, pre-production security (final) reviews before implementing or deploying the application within the Wells Fargo environment, through ongoing security monitoring, to final retirement. Application security controls are provided through security practices and capabilities, enabling these requirements to be met and validated as part of the lifecycle. A governance function provides oversight and assurance to validate that the controls remain effective.

The Application Information Security domain has developed secure software development requirements, which have been integrated into the Enterprise Software Development Lifecycle (SDLC). These requirements reduce application security defects before source code is promoted to production, including mobile software. As part of this domain, Wells Fargo Technology teams must complete specified application security practices in each phase of the enterprise software development lifecycle whenever code changes are introduced and, in the absence of code changes, at least once every 12 months. In each phase of the SDLC, standards and tools highlight the required application security activities. Completion of application security practices is supported by a comprehensive project methodology from trained project management staff and validated through pre-production security and compliance reviews.

Information Protection
The Information Protection domain provides high quality, stable, and scalable security solutions that enable Wells Fargo to deploy secure products and services to our customers and across the company. These security solutions include network security services that provide policies, perimeter controls, and network security compliance support; security authentication and access for privileged access, high-risk transactions, and remote access; endpoint security and server infrastructure management, distributed platform management; and content filtering and relationship management for infrastructure critical security controls.

The Information Protection domain includes policies and controls related to Wells Fargo’s global operations, which are supported by employees and third parties (collectively “Personnel”) located in the United States and a number of other countries. The IS Program includes policies to appropriately protect and control access to customer information and related data at all of Wells Fargo international operations, and limits access to customer information and related data to Personnel with an approved business need to know.

The Information Protection domain includes data protection management policies andprocedures thatreduce the risk to Wells Fargo from incidents related to information theft, loss, or disclosure. Hard-drive encryption is required by policy and implemented on all laptops and desktops. Email encryption is required by policy and implemented for all restricted data and confidential data sent via email externally. Corporate workstations and laptops disable by default the ability to read or write from a USB port, unless approved through an exception process that requires use of an approved device.

Data classification, Cryptography, Data Loss Prevention (DLP), and media handling are key components of information protection management and are discussed below.
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Classification
Information protection policy requires data classification (i.e., public, internal use, confidential, restricted) and controls based on data type. Approved controls (at a minimum, encryption or tokenization) are required for confidential information transmissions over any non-Wells Fargo network; storage on workstations, portable digital storage media, and backup tapes; and storage on servers, storage devices, and externally hosted services.

Cryptography
Cryptographic algorithms, key lengths, and solutions must be approved by Information Security Architecture and Information Protection Engineering and follow the latest American National Standards Institute (ANSI), ASC X9, International Organization for Standardization (ISO), Payment Card Industry (PCI), and United States National Institute of Standards and Technology (NIST) standards. There is an established cryptographic key management process to manage, exchange, and distribute keys within Wells Fargo or with third-party vendors. Encryption keys are rotated according to established timeframes based upon Key Management Lifecycle (KML) requirements.

Data Loss Prevention
The Data Loss Prevention (DLP) Program focuses on monitoring data in motion, data in use, and data at rest, in order to reduce the risk of accidental or malicious transmission of certain sensitive information, including credit card numbers, various types of account numbers, and select personal information data elements. The DLP applications alert and conditionally block data transfers when policy violations are detected. DLP controls have been deployed for monitoring and content-sensitive blocking of outbound email, web posts (HTTP, HTTPS), and content saved to removable media.

Certain data-at-rest environments are scanned for unsecured files containing sensitive data.

Media Handling
Wells Fargo is responsible for information inits possession on all types of media. We have establishedstandards to govern handling of information media containing personal, financial, and other sensitivedata.

In addition, Wells Fargo has taken additional precautions during the COVID-19 pandemic to protect our customer and related data, infrastructure and systems due to the increase in the number of our global Personnel working remotely.

Infrastructure Information Security
The Infrastructure Information Security domain provides the controls, processes, and education necessary to reduce vulnerabilities that can be introduced through technology solutions deployed within the Wells Fargo infrastructure and used by company personnel. Effective security infrastructure management reduces the risk that Wells Fargo will have a material security breach or other significant impact from the computing infrastructure.

Malware and Mobile Code Protection
Malware protection and anti-virus controls are distinct components of Wells Fargo’s IS Program standards. The standards require the installation, use, and maintenance of anti-virus and anti-malware software to detect malicious code on hardware, software, networks, and/or mobile devices. Testing and employment of the software is required, and virus definitions are updated as they become available. It is Wells Fargo’s practice to perform anti-virus scanning at predefined intervals. In addition, corporate practices prescribe requirements for malicious code protection and provide instructions that prohibit the introduction of any computer code designed to self-replicate, damage, or otherwise hinder the performance of, or access to corporate information resources. The malicious code protection controls include consequences for violating these prohibitions.

Network Architecture and Security Monitoring
The Wells Fargo network security architecture is reviewed and approved by the Wells Fargo Architecture Review Board.

Device types connecting to the Wells Fargo Network are also reviewed by the Architecture Review Board. The company has 621
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5 Wells Fargo Information Security Overview Letter
a compliance policy and continuously scans network devices for compliance and vulnerabilities. Results are provided to the relevant authority for remediation based on risk and severity.

Changes to our production systems must adhere to the corporate change control management process. Proposed environment changes are reviewed to ensure compliance with standards and approved by management prior to execution.

Validation is performed when change activity is executed. System level updates (such assecurity updates, software upgrades, and so forth) are reviewed and periodically applied as appropriate.

Wells Fargo has a mature, risk-based security monitoring program that functions as part of a larger defense-in-depth model.

This program uses guidance from many industry best practices (e.g., SANS, OWASP) to ensure high-risk vulnerabilities are identified. As a part of the program, both automated and manual testing is conducted at least annually, depending on scope and risk.

The monitoring program includes:

Vulnerability scanning, web application testing, and penetration testing; Examining routing tables, validating all registered and internal IP addresses; The use of commercial, non-commercial, and internally developed scanning tools; Scans originating from both the internet and from within the internal network; and A defined process for remediating findings and retesting based on risk and management directives.

Physical and Environmental Security
Wells Fargo has a Physical Security Policy that defines the necessary physical access control systems, exterior security controls, camera surveillance, mantraps, security guards, physical security, and environmental controls. In addition, our Physical Security Policy outlines how the company ensures the safety and security of Wells Fargo employees and the data center computer operations.

Wells Fargo data centers are unmarked, non-descript facilities that are located in geographically dispersed locations throughout the United States. They are located in single-tenant facilities that are owned and operated by the company.

Physical security controls are regularly tested to ensure they are functioning properly.

Workforce Accountability
Wells Fargo employs controls and processes to ensure employees, contingent resources, and third-party service providers are aware of and able to execute information security responsibilities.

Personnel Training
All employees and non-employees with access to Wells Fargo’s systemsor customer and consumer information must take annual training relating to information protection. Enterprise training, policies, and information handling standards continue to be updated to provide employees the information they need to understand their role in protecting customer and consumer information. In addition, employee and non-employee background checks are performed prior to onboarding and hiring. Background check contract requirements and oversight are also in place for all third-party service providers that handle Wells Fargo’s customer information.

Cyber Defense Management
The Cyber Defense Management domain is led by the Cyber Security Defense & Monitoring (CSD&M) team within ICS. By monitoring, analyzing, and assessing the threat landscape this team leads enterprise efforts to reduce Wells Fargo’s exposure to cyber-attacks and track adversary activity data. CSD&M is responsible for reducing exposure to cyberattacks through 24/7/365 monitoring of several key information and cyber security control areas including:
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6 Wells Fargo Information Security Overview Letter
Cyber Threat Fusion Center (CTFC)
Security Content Development (SCD)
Threat Detection Services (TDS)
Cyber Threat Management (CTM)
Threat intelligence
Adversarial simulation
Cyber resiliency
Data, analytics and reporting
o Vulnerability reporting
o Patch management reporting
o Security configuration reporting
CSD&M often uses various evaluation tools to periodically measure how well cybersecurity risk management practices are integrated into the company’s overall risk management practices.

Cyber Security Incident Management and Response
Wells Fargo has a comprehensive process in place to detect and report security breaches, loss of equipment that contains customer information, loss of files, and unauthorized access to our networks. The company reports actual and reasonably possible information and cyber security and/or privacy breaches when required to appropriate regulatory bodies, including the Office of the Comptroller of the Currency (OCC), Federal Reserve Board (FRB), and Federal Deposit Insurance Corporation (FDIC), along with notification to the impacted customers and state regulatory authorities.

There is an established incident management program that has been approved by management, shared with appropriate constituents, and assigned an owner to maintain and review the program. The incident management program includes an incident response plan and guidance for escalations, procedures to collect and maintain a chain of custody for evidence during incident investigation, and a feedback process to ensure those reporting information security events are notified of the results after the issue has been addressed and closed. The program also contains actions to be taken in the event of an information security incident, a formal disciplinary process for dealing with those employees or contingent workers who commit a security breach, and a process for assessing and executing customer and third-party legal, regulatory and contractual notification requirements. Events relevant to supporting incident investigations are also regularly reviewed using a specific methodology to uncover gaps and areas of improvement.

Vulnerability Management
The Vulnerability Management domain identifies, communicates, and mitigates vulnerabilities that can be exploited to compromise Wells Fargo’s technology assets. Vulnerability detection tools and techniques, including penetration testing and vulnerability scanning, are required for Wells Fargo-owned and managed systems, as well as for third-party service provider infrastructure and products, in order to identify system security vulnerabilities. Vulnerability Management primarily focuses on promptly and accurately identifying and accessing vulnerabilities using best-in-class methodologies, tools, industry expertise, and the following practices:

Mature and continually improve scanning coverage and build automation; Monitor and report on remediation timelines to show adherence to policy; Mature reporting and metrics measure risk associated to detected vulnerabilities; Execute an industry-leading offensive security program; and Continually mature our capabilities to assess risk within Wells Fargo through mature asset discovery, scanning, and correlation of near real-time cyber threat intelligence. 623
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7 Wells Fargo Information Security Overview Letter
Identity and Access Management
The Identity and Access Management (IAM) domain is an ongoing practice to ensure the right access is granted to the right individuals while restricting access and reducing risk to sensitive enterprise systems, assets, and information. This is accomplished through five key controls: provisioning, de-provisioning, certifications, authorization, and authentication.

The type and extent of logical access controls to the Wells Fargo network and systems are determined by risk criteria.

Corporate standards prohibit access without a strict business need-to-know. The company issues unique user identifications (user IDs) for access to networks and systems, which do not contain confidential or identifying information. Wells Fargo standards prohibit the sharing of user IDs.

To the extent possible, centralized IAM technologies are utilized to grant access rights based upon the user role and need to access certain systems, applications, and data. User access rights are regularly reviewed through validation of continued business need. Passwords use non-display or masked fields for entry. Standards are in place to establish password complexity, change timeframes, and reuse criteria. All passwords are required to be encrypted. Multi-factor authentication is used as appropriate throughout the enterprise to further strengthen access controls and in compliance with regulations for high- risk transactions and asset access.

Network systems use an approved logon banner with appropriate prompts. System logon failures display a generic error message without specific reference to the error. System access and activity logs are reviewed for evidence of unauthorized activities and password violations.

Privileged Access Program
As part of IAM, the Privileged Access Program provides strategic leadership and execution for managing privileged access on enterprise-wide platforms and applications. This program provides oversight and governance concerning privileged access, including metrics and reporting, to ensure that privileged access across Wells Fargo is managed to the appropriate level of risk.

Information Security Risk Management
Wells Fargo is committed to protecting customer, employee and company information by managing information security risks that are prevalent in nearly every aspect of the company’s business. Wells Fargo meets this commitment through the Information Security Risk Management (ISRM) domain which includes well-defined information security risk management processes, controls, procedures, and tools.

The ISRM domain provides the day-to-day risk management and governance necessary to strengthen information security risk management at Wells Fargo by:

Providing timely risk intelligence to individuals who own, manage and report on information security risk; Promoting informed business decisions through earlier engagement and a more complete risk profile and the enterprise, line of business, and asset levels; and
Providing information security risk assessments for all information assets and reporting on the results of security measures of performance.

Information owners must create a detailed adherence plan for any system or application that is not in compliance with information security policies and control requirements, and they must use the Information Security Policy Exception Management process to track non-adherence.
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8 Wells Fargo Information Security Overview Letter
Third Party Information Security Risk Management
Wells Fargo has an established Third Party Risk Management Program. The program reviews and evaluates third parties prior to engagement and throughout the third-party relationship using risk assessments conducted at intervals driven by the services provided.

Third parties and their employees are required to adhere to ISO 27001/27002 Standards on Information Security Management, or any successor standard (or alternate information security industry-recognized standards, e.g., Interagency Guidelines Establishing Information Security Standards, FFIEC IT Handbook – Information Security Booklet, and NIST SP-800-53 Security and Privacy Controls for Federal Information Systems and Organizations).These standards also apply to all Wells Fargo non-employees located outside of the United States who have access to company and consumer information for purposes of delivering services to or on behalf of the company. As part of this compliance obligation, contracts are in place with each third party that include the appropriate confidentiality language, non-disclosure agreements, and information security provisions.

Thank you for using or considering Wells Fargo to support your business and helping achieve your goals.

Sincerely,

Sunil Seshadri
Chief Information Security Officer
Wells Fargo Bank, N.A.

This document provides an overview of Wells Fargo’s IS Program as of the date of publication and is provided as a non- binding description of the program. This description does not modify, amend, or supplement any agreement, warranty or representation unless expressly stated. Wells Fargo may modify or replace the IS Program and related domains, policies, or procedures described here, without providing notice, where such modifications do materially alter the protections to your information. The only information-security terms, obligations, or commitments binding Wells Fargo will be in an agreement in which an authorized representative signed on behalf of Wells Fargo as a party. 625
Item 19.

Business Continuity Planning

Overview for Wells Fargo Clients and Business Partners

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Item 19.

2 Business Continuity Planning – Overview for Wells Fargo Clients and Business Partners Wells Fargo is committed to service excellence. A strong and viable business continuity planning program is a key component of Wells Fargo’s commitment to service and is part of our normal, ongoing business practice.

Business continuity entails proactively developing procedures that enable an organization to respond to events impacting business operations in a manner that allows critical functions to continue without customer impact.

The material presented below provides an overview of the approach endorsed by Wells Fargo’s management and adopted throughout the enterprise.

Business Continuity Methodology

The objective of business continuity planning at Wells Fargo is to provide continuous service, and to meet business and legal obligations to customers. Business continuity plans are created and maintained for business and technology areas within each line of business. These plans are designed to safeguard and protect team members, customers, cash flow and long-term market share in the event of an unplanned interruption to lines of business. Standard elements of the Wells Fargo business continuity program include:

• Procedures for communication with customers, suppliers, and essential staff • Prioritization of business functions and technology
• Identification of potential risks and controls for mitigation • Identification of alternate strategies and recovery procedures • Training staff on implementation of recovery procedures • Recovery of technology and data
• Identification of internal and external dependencies
• Annual plan review, maintenance and testing

Wells Fargo understands that it has a responsibility to prepare for any type of disruption, and is committed to meeting the needs of our customers, while being supportive of our employees. As interrup tions may vary in nature and scope, Wells Fargo plans for the following high-level scenarios:

• Loss of Technology (e.g., data center impacts, telecommunications failures, cyber response, etc.) • Loss of Facility (e.g., building fire, flooding, etc.) • Pandemic Loss/Reduction of Human Capital (e.g., pandemic, transit strikes, etc.) • Loss of Third Party Service Provider

In order to maintain readiness of business continuity plans, Wells Fargo has established the following requirements for both business and technology:

• Business continuity plan units identify inherent risks, taking into account the probability and impact of those risks, and document the associated risk-mitigation controls within the plan. • Each group is required to store a copy of their plan off-site. Additionally, all plans across the organization are stored in a centralized electronic repository managed by the Enterprise Business Continuity Planning Group. • Each group is required to perform exercise and maintenance tasks throughout the year. • Business continuity plans containing critical functions are validated via simulations at least annually. Plans containing critical functions may also be reviewed during regularly-scheduled internal and external audits. • Wells Fargo ensures key third party providers align with and support Wells Fargo business continuity recovery requirements.

An independent review of business continuity plans containing critical functions is conducted annually by the Enterprise Business Continuity Planning Group. This review examines plan content to ensure compliance with current requirements established by the Enterprise Business Continuity Planning Group. 627
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3 Business Continuity Planning – Overview for Wells Fargo Clients and Business Partners

Technology Planning Methodology

Wells Fargo provides for internal recovery of its major data centers. It is Wells Fargo’s strategy to place production within primary data centers, while technology recovery and development should be located at other data center sites. Wells Fargo’s strategy is to maintain sufficient equipment at a recovery location to enable critical processing to be restored in a minimal amount of time. For applications supporting critical functions, in order to facilitate a quicker recovery, as production data changes, corresponding data may also be updated at the recovery site.

Steps are taken to mitigate the impacts of threats to all major processing centers through redundant systems or other protective measures. In spite of the preventative measures, if a disaster should occur, plans are in place to restore processing as quickly as possible.

• A common approach and methodology has been implemented for the recovery of Wells Fargo data centers. • Network Services between all store locations and the data centers can be restored utilizing automated rerouting technology. This rerouting capability is tested on a regular basis. • Wells Fargo’s comprehensive business continuity planning program includes the maintenance of documentation associated with technology recovery into the overall business continuity plans within each line of business.

Completeness of plans that support applications for critical function is verified during annual internal reviews, regular audits, and various testing during technology recovery exercises throughout the year.

Risk Avoidance

Wells Fargo has implemented many features designed to mitigate the effects should a business interruption occur. These features are continually under review and upgraded as necessary to ensure they are accurate to support the changing enterprise environment and needs.

Features include:

• Physical Access Controls – Data centers, operations centers, and many sensitive business units have implemented card access to control physical access to work areas. In addition, data centers and operational centers have security personnel on site.
• Logical Access Controls – Wells Fargo utilizes software on all computing platforms to appropriately restrict access to data and transactions to authorized persons only.
• Virus Protection - Virus protection software has been installed on all workstations, laptops, servers and local area networks.
• Network Access Controls – Network access controls have been established in the form of a gateway between Wells Fargo’s internal network and the public sector. A firewall is in place between the public segment and Wells Fargo’s internal network to restrict unauthorized access. All access to the Wells Fargo internal network is designed to pass through the firewall component.
• Alternate Power Sources – Wells Fargo’s data centers and major operations centers have uninterruptible power supply (UPS) devices to provide short-term, uninterrupted power to critical hardware; and diesel generators provide long-term power. These devices are automatically triggered so that a loss of commercial power will not shut down the facility. The generators are tested on a regular basis.

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4 Business Continuity Planning – Overview for Wells Fargo Clients and Business Partners Summary

Wells Fargo takes seriously its obligation to use all financially reasonable means to assure business continuity for the company and its customers. However, the forgoing does not constitute a representation or warranty that certain events will not affect Wells Fargo systems or that Wells Fargo will achieve specific recovery times in the event of a disruption.

This document is intended only to provide an overview of the business continuity planning process at Wells Fargo, and nothing in this document modifies, amends or supplements any agreement or other warranty or representation with respect to Wells Fargo products or services, including the availability of such products or services. Wells Fargo may change procedures and protections described in this document, without providing notice, as it deems appropriate.

For further information, please contact your Wells Fargo Representative.

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Item 19.

Deposit products are offered through Wells Fargo Bank, N.A. Member FDIC. Wells Fargo Bank, N.A. is a banking affiliate of Wells Fargo & Company.

TM-0530– 06/2021
Treasury
Management
Business continuity
and resiliency
Business continuity and resiliency
Recent history shows us that having a solid business continuity plan in place, no matter the cause of the disruption, can be critical to business success. Wells Fargo seeks to manage this risk in accordance with our Business Resiliency and Disaster Recovery Risk Management policy and business procedures to achieve business goals and comply with laws, rules, regulations, and regulatory guidance to protect our customers and ourselves.

We have formal teams dedicated to managing disruptions to our services. Our Enterprise Business Continuity Resiliency Planning office sets the standards for our organization. Each business, in conjunction with operational risk management partners, helps ensure preparedness and compliance at the organizational levels.

Standard elements of our business continuity and resiliency programs include:

Annual plan review, testing, and maintenance
Identification of alternate strategies and recovery procedures Identification of internal and external dependencies
Identification of potential risks and controls for mitigation Prioritization of business functions and technology
Procedures for communication with customers, suppliers, and essential staff Recovery of technology and data
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Item 19.

General program elements for our enterprise
Testing recoverability
We update and test our recovery procedures regularly, with the frequency and timing varying by business function or application.

We exercise essential business recovery procedures and systems at least annually.

Teams on call 24 hours a day,
seven days a week, ready to
respond to a disruption.

Critical functions
After a disruption, we prioritize restoring and maintaining normal service levels for our critical functions. We have teams on call 24 hours a day, seven days a week, ready to respond disruptions.

Components of our recovery plans vary based on the potential business disruption, such as a loss of facility, loss of technology, or significant reduction to our staff. We identify the main areas most commonly affected, and provide our general approach to each.

We’ve dispersed our data and operation centers strategically across multiple locations to minimize potential disruption within a specific geographic region.

Data centers
We engage our technology teams quickly when we detect a disruption at a primary data center. Our technology teams assess the situation and determine next steps based on the nature of the disruption. If we need to shift processing to an alternate data center, we can because we maintain redundant platforms for our business critical services. All alternate sites have sufficient capacity to maintain processing for an extended period.

In most situations, we can restore service at a primary data center for critical services within 12 hours.* *This 0-12 hour goal does not guarantee that certain events will not affect Wells Fargo systems or that we will achieve specific recovery times in the event of a disruption.

Operation centers
If a disruption occurs at one of our primary operation centers, we use an identified backup site to take over day-to-day processing and support. We use our backup site until the primary site returns to normal conditions.

Program elements specific to treasury management
In addition to our enterprise program elements, we’ve incorporated the following elements into our business continuity resiliency plans for our treasury management services.

Communication
Notification methods to inform you of a service disruption include:

Phone calls or emails from your client service officer
Recorded messages from our Customer Care for Businesses (CC4B) Service Office advising you about system issues when you contact us though our toll-free number
System status alerts displayed on the homepage of our online banking portal The method we use to communicate with you depends on the nature of a disruption. 631
Item 19.

If a disruption prevents you from accessing your information, your relationship team or client service officer can help.

They have access to bank systems and can provide the account information, balances, and other data you need to continue operating.

Backup strategies for online channels
Online banking portal
If the online banking portal experiences a disruption, we use our backup environment as needed. We maintain a duplicate environment of our online banking portal in a separate location. We monitor the readiness of the alternate site actively by using it to deploy code enhancements and enact disaster preparedness simulations.

Mobile service
We have a backup environment for our mobile platform* in the event of a system outage. Our mobile service and online banking portal channels use different web addresses and user interfaces. This arrangement means that, depending on the nature and root cause of an outage, users may be able to access services through the mobile service if our online banking portal experiences a disruption.

Additionally, our mobile token feature allows users to use their mobile devices in place of physical tokens to access secure services. This access can be helpful in instances when a disaster event separates users from their physical tokens. * Download the latest version of the CEO Mobile
® app available for your device from the Apple App Store® or Google Play™ store.

Backup strategies for core services
ACH
When we invoke our ACH recovery plan, processing diverts to a backup site. We can recover with minimal down time because we run ACH production simultaneously at our primary data center and at our backup sites.* The diverse geographic locations of our processing centers help to minimize potential disruption. However, the severity or nature of a specific event may require use of manual backup procedures.

As a contingency step, we recommend that you establish an alternate method of initiating payments, such as our online ACH payments service,† to upload files or manually key in payment information. * Running simultaneous ACH production does not guaranty that certain events will not affect Wells Fargo systems or that we will achieve specific recovery times in the event of a disruption.
† You will need to enroll in the CEO®ACH Payments service separately from the direct origination service and plan for implementation prior to an emergency.

ACH Fraud Filter
Business disruptions can create opportunities for fraud. It’s important that during a disruption you can continue to view details and make decisions on your ACH transactions. You can access our ACH Fraud Filter service online or through our mobile service. Alternatively, you can obtain ACH information by calling our CC4B Service Office or your client service officer.

Lockbox
If we invoke our business continuity resiliency plan, lockbox processing at the affected site diverts to a backup site, as needed. The specific location of the backup site will depend on the impact of the disruption. Alternative processing may include diverting mail delivery from the affected primary site to the backup site.* In such a case, after we receive mail at the backup site, we follow customer-specific instructions to process checks, capture accounts receivable data, and image checks and invoices. We notify customers and couriers (as appropriate) about their impacted processing site or procedures. * Depending on the severity of a disaster, delayed mail delivery may affect processing time, which could impact normal service level agreements. 632
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Cash vault
If a primary cash vault site is unable to accept, deliver, or process cash, we divert functions to an identified backup site, as needed. The transportation distance between you and the backup site may delay receipt or delivery of cash. If such an event occurs, we take reasonable action to resume our normal cash delivery service levels as soon as possible, given available transportation options.

Wires
When we invoke our business continuity resiliency plan, processing diverts to a backup site. Each backup site has the ability to accept transferred wire processing workloads, including wires initiated by telephone.

We maintain redundant connections to two different Federal Reserve Banks, which minimizes potential disruption within a geographic region. We conduct comprehensive joint testing with the Federal Reserve Bank on a quarterly basis.

You can also enroll in a backup wire transfer channel. For example, you can choose from telephone-initiated wires or our mobile service to access select functions of our wire transfer service.* * You will need to enroll in backup wire services separately and plan for implementation prior to an emergency.

Check outsourcing
Our facilities, employees, and business functions are geographically disbursed, and if one site is unable to function, we move check printing to our other site. The sites mirror each other and operate in the same way, making it easy to transition print jobs from one site to another.

Foreign exchange online
If you are unable to complete a foreign exchange transaction through our online banking portal, you can call or email your foreign exchange specialist for help to complete your transaction.

Account reconciliation plans and positive pay
If you're unable to access our online banking portal or send files using data transmission because of a business interruption, you can key small-volume issues, cancellations, and voids through our mobile service.* * You do not need to enroll in the mobile service in advance of a disruption. Download the latest version of the CEO Mobile®app available for your device from the Apple App Store® or Google Play™ store.

Remote deposit
We automatically store checks that you scan through our remote deposit service on our servers. If a power outage or other disruption prevents you from completing a deposit, it remains in a pending deposit status. It remains in this status until you can access the system again. You’ll have the opportunity to review the deposit before submission to the bank, which helps ensure the inclusion of all your checks. As a backup, you can make deposits using our mobile deposit service* or take your deposit to a Wells Fargo branch.
* You do not need to enroll in the mobile service in advance of a disruption. Supported devices include iPhone, iPad, and Android. Download the latest version of the CEO Mobile®app available for your device from the Apple App Store® or Google Play™ store.

Transmission service
We have a backup environment for our browser-based transmissions service. It includes an alternate website in case our online banking portal is unavailable. As a best practice, we recommend that customers leverage URLs if using automation scripts and not IP addresses, which are subject to change. 633
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Commercial card
Our business continuity resiliency plan includes contingency planning and routine data backups. We are on call 24 hours a day, seven days a week during incident response. In most situations, restoration of commercial card processing can occur within 12 to 24 hours, and restoration of our expense management service can occur within four hours of disaster declaration.*
* The forgoing does not constitute a representation or warranty that certain events will not affect Wells Fargo systems or that Wells Fargo will achieve specific recovery times in the event of a disruption.

Third party providers
We use third-party service providers and contractors to support a variety of functions. We evaluate each of them prior to the execution of a contract for services, and beyond. Our evaluation uses a risk-based approach to assess providers as we review, select, and monitor their performance.

Our Vendor Management Program conducts service provider validation and joint testing of our essential providers.

It includes an assessment of the service provider’s ability to meet our disaster recovery standards for service level agreements and recovery time objectives.

Keeping current
To keep current with changes in the business continuity resiliency and disaster recovery industry, we’re active in forums that discuss and share best practices.

The forums include:

Disaster Recovery
Institute
International
Financial Industry
Regulatory
Authority
Global Financial
Markets
Association
The Institute of
International
Finance
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Item 19.

Merchant Services
Wells Fargo’s point-of-sale solutions
Take payments with ease – at the counter, curbside or on the go Choose the equipment that’s right for your business
We offer a full range of point-of-sale options to meet your individual business needs – from a simple solution you can pair with your mobile device to a comprehensive, full-service payment processing and business system for your countertop.

Offer your customers more ways to pay
Increase sales by giving your customers more ways to pay, including contactless and digital wallet payment options like Apple Pay® and Google Pay™.

Help protect your transactions
Help safeguard your customers’ card data with the latest security technology – including end-to-end encryption and tokenization.

All solutions are PCI PTS certified.

Access convenient technology
Minimal equipment setup needed so you can get started taking payments without delay. And all options are convenient for business owners, employees, and customers to use.

Additional features
• Real-time access to transaction activity, and custom reports to identify trends and opportunities.
• Choose from a variety of features such as touch screen, large batch capacity, wired, or Wi-Fi connectivity.
• Some point-of-sale solutions have optional apps available to help you manage your business.

Use your current payment devices
We’ll help you transfer your current system to minimize disruptions and avoid the additional expense of new
hardware. If your device is not eligible for transfer, we can recommend an alternate solution.

View our options for point-of-sale systems to find the solution that’s right for your business.

Point-of-sale devices and accessories are subject to availability.

To learn more, contact your Merchant Services
specialist.

You may settle your Merchant Services funds to an account at the financial institution of your preference. When you use a Wells Fargo account for settlement or other Merchant Services purposes, you must use a Wells Fargo business deposit account.

Deposit products offered by Wells Fargo Bank, N.A. Member FDIC.

Merchant Services are provided by Wells Fargo Merchant Services L.L.C. and Wells Fargo Bank, N.A. Merchant Services are not deposit products. Wells Fargo Merchant Services L.L.C. does not offer deposit products and its services are not guaranteed or insured by the FDIC or any other governmental agency.

Apple, the Apple logo, Apple Pay, Apple Watch, Face ID, iPad, iPad Pro, iPhone, iTunes, Mac, Safari, and Touch ID are trademarks of Apple Inc., registered in the U.S. and other countries. Apple Wallet is a trademark of Apple Inc. The App Store is a service mark of Apple Inc. © 2021 Wells Fargo Merchant Services, L.L.C. All rights reserved. WFMS-462 (12/2021) 635
Item 19.

Accept payments with a terminal that’s as adaptable as your business – from a flexible portable device to a compact countertop solution
Point-of-sale devices
and accessories are
subject to availability
FD150 RP10 PIN pad
(to use with FD150)Verifone V400c Plus Verifone P200 PIN pad (to use with Verifone V400c Plus)Verifone V400m
Designed for
• Retail, restaurant, quick service,
petroleum, and mail order/phone order
• Multi-merchant (supports up to 99
merchants in same location)
• Businesses that want to settle batches
multiple times in a day
• Restaurants, retail, and personal service
businesses that want a customer facing
option for chip card insertion and PIN
entry
•RP10 PIN pad must be connected to
the FD150
• Retail, restaurant, quick service, and
mail order/phone order
• Businesses that want a compact
countertop device
• Restaurants, retail, and personal
service businesses that want a
customer facing option for chip card
insertion and PIN entry
•Verifone P200 PIN pad must be
connected to the Verifone V400c Plus
• Retail, restaurant, and quick service
• Businesses that want a compact
mobile device
Device
features
• Dial , wired internet or Wi-Fi
connectivity
• Combination terminal, PIN pad, chip
card reader, contactless card, and
mobile payment reader
• Allows tax prompting on Visa and
Mastercard commercial cards
• Supports RP10 external PIN pad
(optional)
• Large batch capacity (450 transactions)
• Software updates every 30 days
• Supports industry-specific transaction
information for auto rental and lodging
businesses
• Combination PIN pad, chip card reader,
contactless card, and mobile payment
reader
• Interactive payment process and
ergonomic keypad, with visual display
prompts and lights, and audio cues
• Wired Internet or 2.4GHz/5GHz Wi-Fi
internet connectivity
• Combination terminal, PIN pad, chip
card reader, contactless card, and
mobile payment reader
• Can accept payments when device is
offline using store & forward feature
• Allows for tax prompting on Visa and
Mastercard commercial cards
• Supports Verifone P200 PIN pad
(optional)
• Supports Spanish language terminal
prompting and receipt text
• Software updates daily
• Combination PIN pad, chip card reader,
contactless card, and mobile payment
reader
• Interactive payment process and
ergonomic keypad, with visual display
prompts and lights, and audio cues
• 4G LTE AT&T Wireless Network
functionality
• Supports 2.4GHz/5GHz Wi-Fi
connectivity
• Combination terminal, PIN pad, chip
card reader, contactless card, and
mobile payment reader
• Can accept payments when device is
offline using store & forward feature
• Allows for tax prompting on Visa and
Mastercard commercial cards
• Supports Spanish language terminal
prompting and receipt text
• Software updates daily
Security
features
• PCI PTS approved. Version 5.x
• Transport Layer Security (TLS)
encryption
• Password protection
• Retail Address Verification Service
• PCI PTS approved. Version 5.x • PCI PTS approved. Version 5.x • Transport Layer Security (TLS)
encryption
• Password protection
• Retail Address Verification Service
• PCI PTS approved. Version 5.x • PCI PTS approved. Version 5.x • Transport Layer Security (TLS)
encryption
• Password protection
• Retail Address Verification Service
Hardware size • 3.50” H x 3.70” W x 7.87” L • 2.32” H x 2.87” W x 5.27” L • 2.76” H x 3.15” W x 7.48” L • 1.73” H x 3.15” W x 6.57” L • 1.00” H x 2.98” W x 6.33” L Display screen • Touch-screen capability with
320 x 240 color display
• 2.4” 320 x 480 full color TFT display • 3.5” Touch Screen capability with 320 x 480 color display
• 2.8” color screen • 3.5” Touch Screen capability with 320 x 480 color display
Printer Yes – 18 lines per second No Yes – 30 lines per second No Yes – 30 lines per second

1. Dial connection requires an analog phone line.

2. Offline payments, or store & forward capability allows merchants to take transactions, even when their device is not connected to the Internet. Offline payments, or store & forward capability allows authorizations to be attempted later when the device’s connection has been restored. There are risks to accepting offline transactions.

Payments accepted offline are not guaranteed to be approved. If an offline payment is declined, the merchant is responsible for working with the customer to collect the payment. Merchants must monitor all transactions they take offline, and they assume the risk for any chargebacks associated with offline transactions.

3. A monthly wireless fee will apply.
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Item 19.

Combine payment processing and business management support with a Clover® point-of-sale system Point-of-sale devices
and accessories are
subject to availability Clover Station Duo
(formerly known as Clover Station Pro)Clover Station Solo Clover Mini Clover Flex Clover Go Designed for
• Businesses that want robust payment
processing, business management
capabilities, contactless PIN entry, and an
interactive customer display
• Counter/Quick service restaurants, retail,
and personal services businesses that
want an interactive customer display
• Businesses looking for robust payment
processing and business management
capabilities
• Table service restaurants, retailers, and
personal services businesses that don’t
need a customer display
• Businesses that want robust payment
processing and business management
capabilities in a compact, space saving
device
• Restaurants, retail, and personal services
businesses that want to replace a larger
terminal with an all-in-one device
• Businesses that want to accept on-the-
go payments and want the benefits of an
onscreen signature pad, built-in printer,
camera and QR scanner
• Restaurants, retail, and other mobile
businesses
• Businesses that want to use their own
phone or tablet to accept payments, and
email or text receipts
• Caterers, florists, home appliance delivery
and repair, and other mobile or delivery-
based businesses
Device location/ uses • Counter-top • Counter-top • Counter-top • Counter-top • Mobile
• Mobile
• Works with phone or tablet
Software
• Register
• Counter Service Restaurants
• Table Service Restaurants
• Register
• Counter Service Restaurants
• Table Service Restaurants
• Payments
• Essentials
• Register
• Counter Service Restaurants
• Table Service Restaurants
• Payments
• Essentials
• Register
• Counter Service Restaurants
• Table Service Restaurants
• Payments
• Essentials
Hardware size
• Merchant display base plate: 8.73” x 8.9”
• Customer display base plate: 6.52” x 8.0”
• Cash drawer: 16.5” x 16.5”
• Display base plate: 8.73” x 7.25”• 6.5” x 8.0” x 3.7”• 7.5” x 3.0”• 3.2” x 2.2” x 0.47” Display • Merchant: 14” (1920 x 1080 hi-def)
• Customer: 7” (1280 x 800)
• 14” (1920 x 1080 hi-def)• 7” (1280 x 800)
• Color TFT LCD
• 5” (720 x 1280)
• Color TFT LCD
• Uses your phone or tablet screen
Printer • External (included)• External (included)• Built-in • Built-in • N/A Optional accessories
(unless marked as
included)
• Cash drawer (included)
• Kitchen printer (Wi-Fi or LAN)
• Weight scale
• 2D handheld barcode scanner
• 2D hands-free barcode scanner
• Cash drawer (included)
• Kitchen printer (Wi-Fi or LAN)
• Weight scale
• 2D handheld barcode scanner
• 2D hands-free barcode scanner
• Cash drawer
• Kitchen printer (Wi-Fi or LAN)
• Weight scale
• 2D handheld barcode scanner
• 2D hands-free barcode scanner
• Kitchen printer (Wi-Fi)
• Flex Extender
• N/A
Internet connectivity
• Wi-Fi or Ethernet
• Can accept payments when device is
offline using store & forward feature
• Wi-Fi, Ethernet, or up to 4G LTE wireless
• Can accept payments when device is
offline using store & forward feature
• Wi-Fi, Ethernet, or up to 4G LTE wireless
• Can accept payments when device is
offline using store & forward feature
• Wi-Fi or up to 4G LTE wireless
• Can accept payments when device is
offline using store & forward feature
• Wi-Fi or up to 5G LTE wireless, if your device
has Wi-Fi or 5G LTE
• Can accept payments when device is
offline using store & forward feature
Embedded camera N/A
2d barcode scanner
Compatible with Clover
Check Acceptance
Fingerprint sign in If available on your device

4. If you use Clover Flex or Clover Mini with Clover Payments or Clover Essentials and choose to add a Clover Station device on the same location, then you will be required to upgrade the software plan to either Register, Counter Service Restaurants or Table Service Restaurants so that all your devices are on the same software plan.

5. Kitchen printers must always be hardwired to a router. The kitchen printer connectivity methods in the table show how specific Clover devices can communicate with a kitchen printer.

6. A monthly wireless fee may apply for 4G LTE wireless usage. 637
Item 19.

Clover® solutions offer powerful software, robust reporting, and a choice of 500+ apps to help you manage your business Clover software comparison Payments Essentials Register Counter Service Restaurants Table Service Restaurants Software description Entry-level Clover software plan
that enables payment acceptance
Includes the features of
Payments, plus basic inventory
and order management
Full-featured plan with enhanced
inventory and order management
Full-featured POS software
designed for counter and
quick service restaurants
Full-featured POS software
designed for table service
restaurants
Device required?Optional Optional
Acceptance of credit, debit, gift cards,
EBT and chip cards. Also, acceptance of
checks and mobile wallet payments like
Apple Pay®
Order Management Basic Basic Basic + online ordering +
takeout/delivery
Basic + online ordering +
takeout/delivery + table mapping
Reporting Basic Basic + tax Basic + tax + item cost Basic + tax + item cost + order type
Basic + tax + item cost +
order type
Inventory Management Basic Basic + item variants + categories Basic + cost tracking + menu item modifiers + menu management
Basic + cost tracking + menu item
modifiers + menu management
Customer Management
(purchase tracking)
Customer Engagement
(Promos, loyalty programs and feedback)With device only Employee Management
(managing user access and roles) (Basic) (Basic)
Order type definition and Clover
weight scale support
Kitchen printer/display integration,
pre-authorize a tab
Dining features: Table mapping,
tableside ordering/firing/payment,
multiple bill splitting, and scan to pay
Monthly Software Cost Included in Merchant Services
monthly service fee $9.95 per device $39.95 first device; $9.95 additional device(s)
$39.95 first device;
$9.95 additional device(s)
$69.95 first device;
$9.95 additional device(s)

7. Clover solutions made available through Wells Fargo Merchant Services, L.L.C. (WFMS) come with Clover Payments software that allows you to take payments through a web browser, mobile app, or your Clover device. The cost of this software is included in the monthly service fee WFMS charges each month per account. Clover Station products will not work with the Clover Payments software alone, and require a more advanced software plan. Upgraded software plans, including those for Clover Station products, require an additional monthly fee per device, and will be billed directly from Clover. All your devices must use the same software plan. Availability of certain software plans, applications, or functionality may vary based on your selected Clover equipment, software, or industry. All fees are subject to change.

WFMS and Wells Fargo Bank, N.A. do not provide, and are not responsible for, third-party software or applications, including those offered by Clover. Clover software, applications and other third-party applications that may be available through Clover or in the App Market are subject to the terms and conditions of the developer and may include additional fees subject to change at any time. Software and App Market application fees are disclosed in the Clover App Market or your Clover dashboard and are in addition to the fees listed within your Agreement with us.

8. Dependent on Clover device used.

9. Merchants that are using Payments only without hardware or Clover Go only, can upgrade to the Essentials plan at a cost of $9.95/month.

The Clover® name and logo are trademarks owned by Clover Network, Inc., an affiliate of First Data Merchant Services LLC, and registered or used in the U.S. and many foreign countries. 638
Item 19.

Community involvement
Wells Fargo is committed to opening pathways to
economic advancement, championing safe and
affordable homes, empowering small businesses to
thrive, and enabling a just, low-carbon economy.

Through our businesses and the Wells Fargo Foundation,
we align our resources and expertise to make a positive impact in communities, address complex societal issues, and help build a more inclusive, sustainable future for all. “We believe we have both an
obligation to do all we can and are
in a position to provide meaningful
support to our employees,
communities, and customers.”
Charles W. Scharf, CEO
Wells Fargo & Company
Investing in our communities
Wells Fargo is dedicated to making meaningful, inclusive, and enduring contributions as our communities address and recover from recent social and economic challenges. We’re focused on addressing systemic issues and supporting an inclusive recovery as we aim to break down barriers to enable a better future.

The following table shows some of the major investments we made in local communities in 2020. 2020 highlights
~$475 million • Donated to nonprofits through our businesses and the Wells Fargo Foundation ~$80 million • Donations to support housing affordability initiatives, including efforts to help provide or maintain housing for more than 200,000 people affected by the COVID-19 economic downturn
~$420 million • In grants committed to nonprofits serving small businesses through the Open for Business Fund, to be paid out over the next several years ~$75 billion • Deployed in financing to sustainable businesses and projects to accelerate the transition to a low-carbon economy (2018 – 2020)
Additional highlights and commitments can be found in our most recent Environmental, Social, and Governance (ESG) report, which is accessible through the following link:
wellsfargomedia.com/assets/pdf/about/corporate-responsibility/environmental-social- governance-report.pdf
Through these commitments, we work to strengthen the resiliency of our communities and our planet, with a focus on supporting nonprofits that strategically align with our funding priorities, which are:
• Financial health
• Housing affordability
• Small business growth
• Sustainability and environmental justice
639
Item 19.

Financial health
We’re opening pathways to economic advancement for racially and ethnically diverse and low- and moderate-income individuals and families through programs that increase financial inclusion and access, reduce debt, drive savings and wealth-building behavior, and transform systems that provide a better context within which people lead their financial lives.

Banking Inclusion Initiative
One such program is our Banking Inclusion Initiative — a 10-year commitment to helping unbanked individuals gain access to affordable, mainstream, digitally enabled transactional accounts. The initiative will focus on reaching unbanked communities and helping to remove barriers for Black and African American, Hispanic, and Native American and Alaska Native families, which account for more than half of America’s seven million unbanked households.* * Source: 2019 FDIC data.

Clear Access Banking
In 2020, we launched Clear Access Banking, a new low-cost and checkless bank account with no overdraft or insufficient funds fees to make it easier for customers to manage their money, make payments, and save. Clear Access Banking meets the Cities for Financial Empowerment Fund’s Bank On National Account Standards for safe and appropriate financial products that can help people enter or reenter the financial system.

Virtual Financial Coaching
We’ve also expanded free financial counseling and coaching services and access to other emergency financial recovery resources. This includes supporting national nonprofits in expanding virtual financial coaching services, cost-free, to help the public adapt in these challenging times .

Housing affordability
We’re working to increase access to safe, stable, and affordable places to live, including transitional housing, rentals, and home ownership, especially for individuals and families historically shut out of the market.

To that end, we’ve made two significant commitments to increase Hispanic and Black homeownership over 10 years by making $185 billion in home purchase loans to Hispanic and Black borrowers, increasing the diversity of our mortgage sales team, and providing $25 million in homebuyer education and counseling.

Dream. Plan. Home.

In November of 2020, Wells Fargo Home Lending launched “Dream. Plan. Home.” — a new program that provides a closing cost credit on a limited basis in five metropolitan areas. The program addresses one of the key barriers facing first-time homebuyers by providing up to $5,000 toward closing costs to make it easier for low- and moderate-income families to purchase a home. This program aligns with our efforts to help drive economic growth, sustainable homeownership, and neighborhood stability in low- and moderate-income communities. 640
Item 19.

Small business growth
Small businesses are the heartbeat of our communities, and they’re the key to millions of local jobs.

Wells Fargo is committed to helping small businesses impacted by COVID-19 stay open and get back to growth.

Through the initial phase of the Paycheck Protection Program (PPP), we:
• Approved lending to companies representing a total of 1.3 million jobs • Submitted 259,000 PPP applications to the U.S. Small Business Association (SBA) • Funded approximately 194,000 loans totaling more than $10.5 billion Open for Business Fund
In July 2020, Wells Fargo established the Open for Business Fund, an approximately $420 million small business recovery effort across the U.S. to help small businesses navigate the pandemic, with an emphasis on those with Black and racially diverse owners. The initiative focuses on three key areas: increasing access to capital through Community Development Financial Institutions (CDFIs), technical assistance, and long-term recovery and resiliency programs.

Sustainability and environmental justice
As trillions of dollars of sustainable capital flows will be required to adequately avoid, sequester, and redirect
greenhouse gas (GHG) emissions, we continue toward
our goal of achieving net zero greenhouse gas emissions by 2050.

In March 2021, Wells Fargo set an
ambitious climate goal to achieve
net-zero greenhouse emissions by
2050 — including our financed
emissions.

To help meet this goal, we’re focusing on the following near-term priorities:
• Measure and disclose financed emissions for select carbon-intensive portfolios • Set interim emission reduction targets by the close of 2022 • Advocate for policy initiatives that support our clients’ low-carbon transitions, as well as those that advance the goals of the Paris Agreement
• Integrate climate considerations into Wells Fargo’s Risk Management Framework • Launch Institute for Sustainable Finance to manage the deployment of $500 billion in financing to sustainable businesses and projects by 2030 Wells Fargo in Beaumont, California
In addition to being a strategic financial partner, we hold ourselves accountable to supporting and having a measurable positive impact in the communities where we do business. Investing in our communities is a way for us to help create future economic growth and prosperity where we live and work.
641
Item 19.

Here's how Wells Fargo makes an impact in your community.

Our presence in Beaumont Total
Employees 411
Community banking branches 21
ATMs 51
Deposit share (ranking) 20.67% (32)
Total deposits $201,365 million2

Lending in the City of Beaumont3
Home mortgage4, 5
We provided 136 mortgage loans (total HMDA),
extending $30.8 million in credit
• Of that, 29 mortgage loans were made in low-to-
moderate income (LMI) borrowers, providing
$5.9 million in credit
Wells Fargo is the largest lender in
low- and moderate-income
communities and the largest
affordable housing lender in
America.*
*According to the Mortgage Bankers
Association, 2020
Small business5
We provided 80 small business loans, extending $4.3 million in credit • Of that, 17 small business loans were in LMI communities, providing $1.3 million in credit Community development in Riverside County6, 7
• We provided 8 community development loans, totaling $69.5 million • We provided 27 community development investments, totaling $30.5 million Philanthropic investing in Riverside County8
• 32 grants totaling over $1 million to nonprofits and schools through corporate and foundation giving

1. Twelve-month company data as of June 2022.

2. FDIC Deposit Market Share report as of June 30, 2021.

3. Information provided is as of June 2022.

4. Mortgage includes home purchase, home improvement, home refinance, and multi-family originated and purchased loans.

5. Totals include census tract income level classified loans only.

6. Some investments and grants cannot be tracked to the county or city level.

7. Investments include grants and are subject to change as updates are received.

8. Twelve-month company data as of 2021.

642
Item 19.

Wells Fargo is
committed to
local California
communities
More than $65.5 million
donated to California
nonprofits, schools, and
community organizations in
2020, as well as more than
$10.2 million from its
Open for Business Fund
31,900 employees
909 Consumer Banking
branches
$140.7 million in Small
Business Administration loans
in federal fiscal year 2020
$60.2 billion in 106,045
mortgage loans, including
those for low- and moderate-
income families and
individuals in 2019
$5.5 billion for loans to
more than 110,309 small
businesses in 2019
Investing in California
Helping local communities grow
Los 3 Pollos keeps pleasing
palates amid the pandemic
Efrain Mejorada Jr. wasn’t even out of high
school the first time his dad, Efrain Sr., took him
to a Wells Fargo branch in greater Los Angeles.

It was one of his dad’s regular 50-minute
drives to meet Senior Business Banking
Specialist Mario Murillo. The banker had
returned to his Latino community to help small
businesses like Mejorada’s restaurants thrive.

The Mejoradas credit Murillo’s financial
guidance and advice with helping them
start their first restaurant in 2009, grow the
concept to three restaurants in California,
and add the payment processing technology
and other support to keep Los 3 Pollos going
amid COVID-19.
“My father does not speak English, so he
had to have someone he could turn to who
was bilingual and who knew small business
in and out and that he could trust with our
future,” said Mejorada Jr. of Murillo’s role in
the company’s success.

Although COVID-19 has reduced profits
and required changes in the kitchen and
other operations for safety, Mejorada Jr.
said the pandemic hasn’t dented Los 3
Pollos’ outlook. The establishment is one of
an estimated 5 million Latino-owned U.S.
businesses according to Stanford Latino
Entrepreneurship Initiative’s fourth annual
survey of Latino business owners. n
COVID-19: Helping families at risk
of eviction stay in their homes
To help families at risk of losing their homes
due to the economic slowdown caused by the
COVID-19 pandemic, Wells Fargo created
The United Way Bay Area Rental Relief
Fund to provide rental assistance to 300
families through UWBA’s existing network of
SparkPoint Centers and community partners.
“Wells Fargo is committed to being part of
the solution and help people from slipping
into homelessness. Our initial donation of
$750,000 will help hundreds of families get
caught up or stay current on paying their
rent,” said Erica Trejo, community relations
senior manager for Wells Fargo.
“We are excited that Wells Fargo is providing
much-needed assistance to families impacted
by our Bay Area housing crisis. The UWBA
Rental Relief Fund is a great example of
how the nonprofit and private sectors can
strengthen our communities by partnering
together. We hope that this initiative can serve
as a model as we continue to work on our
region’s most pressing community issues,” said
Kevin Zwick, chief executive officer, UWBA.

UWBA is leveraging Wells Fargo’s $750,000
donation to raise an additional $2.5 million over
the next six months to serve more families.

The funds are part of the $175 million
donation Wells Fargo announced to support
nonprofits and communities playing a key role
in COVID-19 relief efforts. n
643
Item 19.

Information as of May 2021.
© 2021 Wells Fargo Bank, N.A. All rights reserved.

Our commitment to
sustainable housing
In 2019, Wells Fargo provided
more than $15 million in
philanthropic investments to
boost local homeownership
through their NeighborhoodLIFT
program in Los Angeles and
Sacramento, creating nearly
600 homeowners. Since 2012,
NeighborhoodLIFT and other
LIFT programs have invested
$77 million through 10 program
launches in California. They
will create more than 3,000
homeowners by offering
homebuyer education and down
payment assistance grants for low-
and moderate-income buyers.

Wells Fargo has also donated
19 mortgage-free homes to
support military veterans and
their families in California and
donated more than 400 homes
valued at over $60 million in all
50 states since 2012
Our history in California
In 1852, Henry Wells and
William Fargo founded
Wells Fargo & Co. in the Gold
Rush port of San Francisco
to serve the West. The new
company offered banking and
express services. The bank
was soon doing business across
the state of California. In the
boom and bust economy of the
1850s, Wells Fargo earned a
reputation of trust by dealing
rapidly and responsibly with
people’s money.

Learn more: stories.wf.com/
California
wellsfargo.com/impact
Cultivating kidpreneurs for
success
As a little girl in Mexico, Leonor Hipólito was
called the “mango lady”— teased for selling
mango preserves on the streets made from
her dad’s fruit harvest.
“I always dreamt of someone going to my
parents and telling them, ‘Your daughter
is smart and she needs to go to school,’”
Hipólito said. “I wish someone would have
grabbed me by the arm and taken me to
school.”
In one of the most underbanked areas
in the U.S. — Fresno and Bakersfield in
the Central Valley were among the top
10 nationally — Hipólito is now that
encourager, changing futures and growing
entrepreneurship among children through her
nonprofit Pequeños Empresarios.

Spanish for “young entrepreneurs,”
Pequeños Empresarios teaches courses
on language, leadership, personal growth,
finance, business operations, manners,
environmental stewardship, and more to
children ages 7 to 12.

Hipólito said Wells Fargo has been a key ally
for Pequeños Empresarios, providing its first
corporate support in 2014 and encouraging
others to follow suit, which ended a reliance
on hot chocolate and tamale sales to fund
operations.

To date, Wells Fargo has awarded Pequeños
Empresarios more than $75,000 in grants and
provided volunteers and other guidance. n
Forging a pathway for veterans in
manufacturing
With more than 200,000 U.S. service
members leaving the military each year,
San Diego-based nonprofit Workshops
for Warriors® (WFW) is working to ensure
veterans are fully supported for a successful
transition back to civilian life. WFW offers two
16-week machining and welding programs
that help train, certify, and place veterans and
transitioning service members into advanced
manufacturing careers.

Since 2008, WFW has graduated more
than 700 veterans and transitioning service
members who have earned more than 6,200
nationally recognized credentials. With a 94%
job placement rate, WFW alumni have gone
on to work for top manufacturing companies
across the country in every state.

WFW credits its sustainability and success
to the hard work and dedication of its staff
and students, as well as the support from
private and corporate donors, including
Wells Fargo. Since 2013, Wells Fargo has
donated more than $680,000 in support of
WFW’s overall programming and operations.

Despite having to pivot to instructor-
led online education in response to the
COVID-19 pandemic, newly implemented
hygiene and safety protocols — including
mandatory face masks, constant disinfecting
and handwashing, social distancing, and
remote working — have allowed Workshops
for Warriors to responsibly continue
operations. n
644
Item 19.

Municipal Advisor RFP Disclosure
This proposal is submitted in response to your Request for Proposal (RFP) for Banking and Merchant Services dated June 2022. The contents of this proposal and any subsequent discussions between us, including any and all information and analysis with respect to product is provided to you in reliance upon your compliance with the guidance of the staff of the SEC’s office of Municipal Securities in order for a request for proposal to be consistent with the exemption for responses to requests for proposals or qualifications provided under the municipal advisor rules (the “Muni Advisor Rules”) of the Securities and Exchange Commissio n (the “SEC”) (240 CFR 15Ba1-1 et seq.).

In submitting this proposal (a) Wells Fargo Bank, N.A. (“Wells Fargo”) is not acting as an advisor to the City of Beaumont (“you”) and does not owe a fiduciary duty pursuant to Section 15B of the Securities Exchange Act of 1934 to you with respect to the information and material contained in this proposal; (b) Wells Fargo is acting for its own interests; and (c) you should discuss any information and material contained in this proposal with any and all internal or external advisors and experts that you deem appropriate before acting on this information or material.
645
Item 19.

Wells Fargo Treasury Management

City of Beaumont | 1
Treasury Management RFP disclosures
Upon award of business, Wells Fargo will negotiate and enter into mutually acceptable agreements with the City of Beaumont (the City) in connection with the deposit and treasury management products and services requested under the RFP. Wells Fargo’s right to negotiate all contract terms upon award of business will not be affected or diminished by any language in the RFP, including language that purports to require specific comments (or to prohibit general exceptions) to the City’s contractual requirements or to bind Wells Fargo to the City’s contractual requirements unless specifically commented upon.

Wells Fargo has included with its response copies of its account and service documentation for the deposit and treasury management products and services requested in the RFP, which we would request serve as the starting point for contract negotiations or be incorporated into any final agreement.

Page_Section Description
Wells Fargo Treasury Management exceptions
II. Proposal Terms and Conditions
Pg. 7_Item #15
Collateral
Wells Fargo takes exception. There is no requirement in which the bank is required to notify the customer.

II. Proposal Terms and Conditions
Pg. 7_ Item #16
Causes for termination
Wells Fargo reserves the right to terminate subject to reasonable termination periods and/or grounds, which may be negotiated upon award of business.

IV. Information Requested
C. General Banking Services
Pg. 14_ Item # 12
Overdrafts
The decision to allow overdraft is a discretionary credit decision by the Bank.

Unless otherwise agreed in writing, any overdraft shall be immediately due and payable by the Customer to the Bank. If the Bank permits an overdraft, the Bank is authorized to charge interest on the amount of the overdraft as long as the overdraft is outstanding, at a rate determined by the Bank, up to the maximum rate permitted by law at the time of the overdraft.

Wells Fargo Merchant Services exceptions
II. Proposal Terms and Conditions
Pg. 6_Item #7
Property of the City / Ownership of
Intellectual Property
Other than possibly statements, there will be no work product or intellectual property under the Agreement that the City will own. Any work product or intellectual property under this Agreement shall be subject to a separate mutually negotiated statement of work (SOW), and ownership and usage rights of any such work as a result of any such SOW and/or work product or intellectual property shall be as set forth in the mutually negotiated SOW between the parties.

II. Proposal Terms and Conditions
Pg. 7_Item #12
Assignment
While we understand City’s desire to include this provision, we retain certain rights regarding assignment in the Wells Fargo Merchant Services Terms and Conditions. As such we request to modify this section to start the sentence with "Subject to §13 of the Wells Fargo Merchant Services Terms and Conditions..."
646
Item 19.

Wells Fargo Treasury Management

City of Beaumont | 2
Page_Section Description
II. Proposal Terms and Conditions
Pg. 7_Item #14
Termination for Convenience
Our RFP response is based on the expectation that you will receive services for a three (3) year term. Your termination rights are as set forth in Section

14.4 of the Wells Fargo Merchant Terms and Conditions.

IV. Information Requested
H. Pricing and Account Analysis
Pg. 15
Pricing / Pricing set for period of days
With respect to the merchant services, please understand that in addition to Wells Fargo Merchant Services’ fees, the Card Organizations and other third-party fees will apply and may not be specifically outlined in the Wells Fargo Merchant Services Pricing Schedule/Cost Proposal. Such third party/Card Organization fees, are subject to change.

647
Item 19.

Wells Fargo Treasury Management

City of Beaumont | 1
Commercial Card RFP disclosures
Page_Section Description
General Wells Fargo has reviewed the City of Beaumont Request for Proposal (the “RFP”) including the terms and conditions and/or sample contract contained therein, in the context of a commercial credit card program and advances thereunder. Based on such review, Wells Fargo believes that the provisions set forth in the RFP appear to be designed to accommodate a Treasury Management banking relationship and not a commercial credit card program specifically.

As such, Wells Fargo respectfully proposes that the accompanying sample WellsOne® Commercial Card Agreement and related sample ancillary documents or service descriptions (collectively, the “Commercial Card Service Documentation”) would serve as the primary governing contract with respect to your commercial card program and advances thereunder. If Wells Fargo is the successful bidder, it is willing to consider and, where possible, negotiate changes and/or additions to the Commercial Card Service Documentation proposed by you, including changes and/or additions based upon the RFP. Nonetheless, and notwithstanding any language in the RFP to the contrary, Wells Fargo does not agree, with respect to the commercial credit card program, to any modifications or additions to the terms and conditions of the Commercial Card Service Documentation solely by virtue of submitting a response to the RFP.

648
Item 19.

Wells Fargo Merchant Services RFP Legal Disclosures
Legal entity and contracting parties
Wells Fargo Merchant Services, L.L.C. (Wells Fargo Merchant Services) is an alliance between Wells Fargo Bank, N.A. and First Data Merchant Services, L.L.C.

Any agreement for merchant services will be entered into between City of Beaumont (the City) and Wells Fargo Merchant Services, L.L.C. and Wells Fargo Bank, N.A. This Agreement is separate from any new or existing agreement between the City and Wells Fargo Bank, N.A. for banking or treasury management services. Furthermore, the Merchant Processing Agreement is separate from agreements for those services, including agreements for any proposed or existing treasury management services used in addition to or in conjunction with merchant processing services.

Disclosures
Our proposal is intended to be a description of the services we can provide in response to the requirements described in the request for proposal (RFP). If our proposal is accepted in principle, we are willing to negotiate mutually acceptable terms and conditions that shall govern our merchant services relationship with the City. However, by responding to the RFP, we are not indicating our acceptance of any of the terms or conditions contained in the RFP.

Our right to negotiate all terms upon award of business will not be affected or diminished by any language in the RFP, including language that purports to be binding on Wells Fargo Merchant Services by virtue of our proposal, including, but not limited to, any signature page statements, certifications, confirmations and the like required as part of an RFP response.

We are providing links to our Wells Fargo Merchant Services Terms and Conditions (wellsfargo.com/termscustom0920) and our Operating Rules (wellsfargo.com/operatingrules). We expect these documents to become the final Agreement or part of the final agreement (dependent on your product and service selections) between the City and Wells Fargo Merchant Services if you choose us as your provider.

The City should be aware that the processing of credit and debit card transactions is subject to the terms, conditions, policies, and procedures of the Card Organizations and the non- bankcard issuers. A summary of many of the key elements of those Card Organization requirements is provided in our Operating Rules (wellsfargo.com/operatingrules). The terms, conditions, policies, and procedures of the Card Organization and the non-bankcard issuers are independently established and beyond the control of Wells Fargo Merchant Services to negotiate. The Card Organizations govern their mandated fees and assessments, which are subject to change during the term of the Agreement.
649
Item 19.

Pricing disclosures
Wells Fargo Merchant Services pricing, as provided in our proposal, is based upon the information provided by the City (for example, processing requirements or number of merchant accounts) as of the date the RFP response was submitted.

In responding to this RFP, Wells Fargo Merchant Services only agrees to be bound to the pricing we provided therein to the extent that the assumptions upon which it was based were reasonably derived in relation to the information provided by the City as of the date of the creation of that pricing and are accurate and unchanged.

In the event that Wells Fargo Merchant Services is the successful bidder, and the City subsequently provides additional information to us that would affect the pricing (including pass through fees paid by the City), Wells Fargo Merchant Services shall not be bound by the pricing provided in the RFP response and shall have the right to revise the pricing based upon the corrected information provided by the City.

Furthermore, should Wells Fargo Merchant Services be the successful bidder for this RFP, The City shall be required to execute a Pricing Terms Schedule document, which is a part of your Agreement.

Information contained in this response is valid for 90 days from the date of submittal.

650
Item 19.

Commercial Account Agreement
Effective May 2022
Contents
02 About this agreement
03 Resolving disputes
through arbitration
04 Important legal information
05 Statements and other
notices relating to your
deposit account
09 Rights and responsibilities
01 Welcome to Wells Fargo 15 Checking and savings accounts
17 Electronic check
indemnifications
18 Funds availability policy
20 Available balance, posting
order, and overdrafts
21 Additional rules for checks
and withdrawals
23 Your account ownership
24 Interest earning accounts
25 Time Accounts (CDs)
26 Electronic banking services
28 Selected services
Welcome to Wells Fargo
Thank you for opening an account with us. We value your relationship and hope we answered all your questions when you opened your account. Please review this account agreement for further details about your account and related services.

What words do we use to refer to you (the customer), Wells Fargo, and this account agreement? • Customer is "company", "you", "your", or "yours".
• Wells Fargo Bank, N.A. is "Wells Fargo", "bank", "we", "us" or "our". • This Commercial Account Agreement and the disclosures listed below constitute the "Agreement":
- The pricing information and other account-related information - Our privacy policy
- Our rate sheets for interest-bearing accounts
- Any additional disclosures we provide to you about your account and related services When can you begin using your account?
We will notify you when your account and related services may be used. We reserve the right to restrict use of your account and related services until we have approved your use of the account and services and completed setting them up.

You should not attempt to use your account or provide any information about your account to any third party until we have confirmed that your account is available to process transactions. 651
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About this Agreement
What information does the Agreement contain?
The Agreement:
• Explains the terms of your banking relationship with Wells Fargo and applies to new and existing accounts and services, and
• Replaces all prior deposit agreements including any oral or written representations.

You are responsible for ensuring that any signer on your account is familiar with this Agreement.

We suggest you keep a copy of this Agreement - and any further information we provide you about changes to this Agreement - for as long as you maintain your Wells Fargo accounts.

Words with specific meanings
Certain words have specific meanings as they are used throughout this Agreement. These words and their meanings are defined in this section, and others are found later in this Agreement.

Affiliate
A bank or other entity that is, directly or indirectly, a wholly or substantially owned subsidiary of Wells Fargo & Company.

Account
Any business deposit account or commercial deposit account that is not held or maintained primarily for personal, family or household purposes. Examples of accounts include an account owned by an individual acting as a sole proprietor, a partnership, a limited partnership, a limited liability partnership, a limited liability company, a corporation, a joint venture, a non-profit corporation, an employee benefit plan or a governmental unit including an Indian tribal entity.

Business day
Every day is a business day except Saturday, Sunday, and federal holidays.

Collected balance
The collected balance is the ledger balance in your account less the deposit float.

Deposit float
The deposit float is the total dollar amount of items deposited in your account that has yet to be credited as part of your collected balance as a result of the Bank's or applicable affiliate's collection schedule.

Investable balance
The investable balance is the collected balance in your account less the portion required by law to be held at a Federal Reserve Bank and other adjustments.

Item
An item is an order, instruction, or authorization to withdraw or pay funds or money from your account. Examples include checks, drafts, and electronic transactions, including ACH. Paper items may be referred to as checks in this Agreement.

Ledger balance
The ledger balance is the balance in your account after all debits and credits for the business day have been posted. 652
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Overdraft
An overdraft is a negative balance in your account.

Signer
A person who has your actual or apparent authority to transact business in connection with your account and services.

We may rely solely on our records to determine the form of ownership of and the signers on your account.

Are we allowed to change the Agreement?
Yes. We can change the Agreement by adding new terms or conditions, or by modifying or deleting existing ones. We refer to each addition, modification, or deletion to the Agreement as a modification.

Notice of a modification: If we are required to notify you of a modification to the Agreement, we will describe the modification and its effective date by a message in your account statement or by any other appropriate means.

Waiver of a term of the Agreement: If we waive a right related to your account under this Agreement on one or more occasions, it does not mean we are obligated to waive the same right on any other occasion.

How do you consent to the Agreement and any future modifications to the Agreement? By signing the Agreement or using your account or service, you consent to this Agreement. Continuing to maintain or use the account or service after a modification to the Agreement means that you have consented to the changes.

Can you consent to the Agreement electronically?
Yes. You may consent to the Agreement using your “Electronic Signature”, as defined in the Electronic Signatures in Global and National Commerce Act (“ESIGN Act”), and we may accept your Electronic Signature on any other account- related document. Under the ESIGN Act, your Electronic Signature will constitute your original and binding signature. The fact that you sign using your Electronic Signature will not, by itself, be grounds for invalidating the document.

What happens if a term of the Agreement is determined to be invalid? Any term of the Agreement that is inconsistent with the laws governing your account will be considered to be modified by us and applied in a manner consistent with those laws. Any term of the Agreement that a court of competent jurisdiction determines to be invalid will be modified accordingly. In either case, the modification will not affect the enforceability or validity of the remaining terms of the Agreement.

With whom will we communicate about your account?
We may provide you or a signer with information about your account. When we receive information from a signer, we treat it as a communication from you. You agree to notify us promptly in writing if a signer no longer has authority on your account.

Resolving disputes through arbitration
Arbitration Agreement between you and Wells Fargo
Upon demand of by you or us, any dispute or claim arising from or relating to this Agreement, or the breach thereof, must be submitted to arbitration administered by the American Arbitration Association (“AAA”) under its Commercial Arbitration Rules, and must be heard before three arbitrators if the amount in dispute is U.S. $5,000,000 or more or its equivalent in any other currency, and before one arbitrator for amounts less than U.S. $5,000,000 or its equivalent in any other currency. Arbitration will proceed in a location selected by AAA in the state of the applicable Governing Law, and if there is no such state, the place of arbitration must be New York, NY. The language of the arbitration must be English.
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Judgment on the award rendered by the arbitrators may be entered in any court having competent jurisdiction. This arbitration requirement does not limit the right of you or us to: (a) exercise self-help remedies, including setoff or (b) obtain provisional or ancillary remedies such as injunctive relief or attachment, before, during or after the pendency of any arbitration proceeding. This exclusion does not constitute a waiver of the right or obligation of you or us to submit any dispute to arbitration hereunder, including those arising from the exercise of the actions detailed in (a) and (b) of this subsection.

Can either Wells Fargo or you participate in class or representative actions? No. Wells Fargo and you agree that the resolution of any dispute arising from the terms of this Agreement will be resolved by a separate arbitration proceeding and will not be consolidated with other disputes or treated as a class.

Neither Wells Fargo nor you will be entitled to join or consolidate disputes by or against others as a representative or member of a class, to act in any arbitration in the interests of the general public, or to act as a private attorney general. If any provision related to a class action, class arbitration, private attorney general action, other representative action, joinder, or consolidation is found to be illegal or unenforceable, the entire Arbitration Agreement will be unenforceable.

Important legal information
What laws govern your account?
The laws governing your account include:
• Laws, rules, and regulations of the United States, and • Laws of the state in which the office that maintains your account is located, without regard to its conflicts of laws principles.

If a different state law applies, we will notify you.

Any funds transfer (including a wire transfer) that is a remittance transfer as defined in Regulation E, Subpart B, will be governed by the laws of the United States and, to the extent applicable, the laws of the state of New York, including New York's version of Article 4A of the Uniform Commercial Code, without regard to its conflict of laws principles.

What are our rules on illegal transactions?
You must not use your account or any relationship you may have with us for any illegal purpose, including “restricted transactions” as defined in the Unlawful Internet Gambling Enforcement Act of 2006 and its implementing regulation, Regulation GG. In our discretion, we may block or otherwise prevent or prohibit those transactions and, further, we may close the account or end our relationship with you.

Are we your fiduciary?
No. Our relationship to you concerning your account is that of a debtor and creditor. There is no fiduciary, quasi- fiduciary, or special relationship between you and us.

Will any person or entity be considered a third party beneficiary under this Agreement? No. No other person or entity will be considered to be a third party beneficiary under this Agreement.

Can you use our name or refer to our relationship without our consent? No. You and we will not use each other's name or refer to our relationship in any solicitation, marketing material, advertisement, news release or other written, online or oral communication without specific prior written consent for each such use or release, except that we may use your name as a reference in service proposals if we obtain your prior oral or written approval for such use.
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What is the controlling language of our relationship?
English is the controlling language of our relationship with you. If there is a discrepancy between our English- language and translated materials, the English version prevails over the translation.

How will we contact you about your account?
For us to service your account or collect any amount you owe, we may contact you by telephone, text, email, or mail.

We are permitted to use any address, telephone number or email address you provide. You agree to provide accurate and current contact information and only give us telephone numbers and email addresses that belong to you.

When you give us a telephone number, you are providing your express consent permitting us (and any party acting on behalf of Wells Fargo) to contact you by calling or texting that telephone number. When we call you, you agree that we may leave prerecorded or artificial voice messages. You also agree that we may use automatic telephone dialing systems in connection with calls or text messages sent to any telephone number you give us, even if it is a mobile phone number or other communication service for which the called party may be charged.

What courts may be used to resolve a dispute?
Wells Fargo and you each agree that any lawsuits, claims, or other proceedings arising from or relating to your account or the Agreement, including the enforcement of the Arbitration Agreement and the entry of judgment on any arbitration award, will be venued exclusively in the state or federal courts in the state whose laws govern your account, without regard to conflict of laws principles.

Statements and other notices relating to your deposit account How do we make account statements and notices available to you? We will mail, send electronically, or otherwise make available to you an account statement reflecting your account activity for each statement period. We will do the same with notices. We will send all account statements and notices to the postal or electronic address associated with your account.

Combined account statements: To reduce the number of separate account statements you receive each month, we may combine statements if you have more than one deposit account.

If we provide a combined account statement for your accounts, we consider your first account as your primary account. You will receive your account statement at the address listed for your primary account. Statements for accounts in a combined statement will be delivered according to the delivery preference of the primary account.

When are your account statements and notices considered received? If there is more than one signer on your account, we may send statements and notices to any one of them (unless you have otherwise instructed us in writing). You assume the risk of loss in the mail.

Mailed account statements: When we mail your account statement or notices, we consider it received by you on the second business day after mailing it.

Electronic delivery of account statements: Account statements will be made available through Wells Fargo Business Online® Banking or the Commercial Electronic Office®, as applicable, after the end of the statement period. You will be notified by email that the account statement is available for viewing. We consider the account statement to be delivered to you when it is available online.
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What happens if your account statements or notices are returned or undeliverable? Unless otherwise prohibited by the laws governing this Agreement, your account statements or notices will be considered unclaimed or undeliverable if:
• Two or more account statements or notices are returned to us through the mail because of an incorrect address, or • We notify you electronically that your account statement or notices are available for viewing at Wells Fargo Business Online® Banking or the Commercial Electronic Office®, as applicable, and we receive email notifications that our message is undeliverable.

In either event, we may:
- Discontinue sending account statements and notices, and - Destroy account statements and notices returned to us as undeliverable How can you or Wells Fargo change your address for your account? Address change requests you make: You can change the postal or email address or other means by which we make your account statements and notices available to you at any time by notifying us of your request by telephone or email.

We will act on your request within a reasonable time after we receive it. Unless you instruct otherwise, we may change the postal or email address only for the accounts you specify or for all or some of your other accounts with us.

Address changes we make: We may update your listed address without a request from you if we:
• Receive an address change notice from the U.S. Postal Service, • Receive information from another party in the business of providing correct address details that your actual address does not match the listed address for your account or card, or • Identify a need to rely on another address you have provided us.

When are notices you send to us effective?
Any notice from you is effective once we receive it and have a reasonable opportunity to act on it.

What obligations do you have to review account statements and notices and notify us of unauthorized transactions or errors?
You are obligated to:
• Examine your account statements and notices promptly and carefully. • Notify us promptly of any errors.
• Notify us within 30 days after we have made your account statement or a notice available to you of any unauthorized transaction on your account. Note: If the same person has made two or more unauthorized transactions and you do not notify us of the first one within this 30-day period, we will not be responsible for unauthorized transactions made by the same wrongdoer.
• Notify us within 6 months after we have made your account statement or a notice available to you if you identify any endorsements which are unauthorized or missing, or other errors relating to endorsements on your checks.

You can notify us of unauthorized transactions or errors on your account statement by promptly:
• Calling the telephone number listed on your account statement or in notices, or • Sending us a written report (if instructed by us) as soon as possible, and at least within the specified timeframes.

Funds transfers are subject to different time periods for notification of errors, as described in the “Fund transfer services” part of this Agreement. Common examples of fund transfers are ACH, wire transfers, and Real-Time Payments (RTP®).

What happens if you do not notify us of an unauthorized transaction within the time frames specified above? If you do not notify us of any unauthorized transaction, error, or claim for a credit or refund within the time frames specified above, your account statement or transaction will be considered correct. We will not be responsible for any unauthorized transaction, error, or claim for transactions included in this statement. 656
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When is a check unauthorized?
A check is unauthorized when it is:
• Not signed by a signer on your account, or you have not otherwise authorized or benefitted from it, • Forged, or
• Altered (for example, the amount of a check or the payee's name is changed).

What happens when you report an unauthorized transaction? We investigate any reports of unauthorized activity on your account. After you submit a claim, we may require you to:
• Complete and return the claim form and any other documents we require, • Notify law enforcement, and
• Cooperate fully with us in our investigation.

We can reverse any credit made to your account resulting from a claim of unauthorized transaction if you do not cooperate fully with us in our investigation or recovery efforts, or we determine the transaction was authorized.

Are you responsible for taking reasonable steps to help prevent fraud on your account? Yes. You agree to take reasonable steps to ensure the integrity of your account and items drawn on your account or deposited to it. You acknowledge that there is a growing risk of losses resulting from unauthorized items. To help prevent fraud and protect your assets, we recommend that you take these preventive measures:
• Assign responsibilities for your account to multiple individuals. The individuals who reconcile statements for your account should be different from the individuals who issue items drawn on your account. • Reconcile statements for your account as you receive them; notify us promptly of any problem. • Contact us promptly if you do not receive the statement for your account when you would normally expect to. • Watch for checks cashed out of sequence or made out to cash. These are classic red flags for embezzlement. • Secure your supply of checks at all times. Stolen checks are a common method of fraud. • Periodically reassign accounting duties, such as reconciling your account or making a deposit. • Review your transaction activity for unexpected fluctuations. For example, compare the percentage of cash deposits
to total deposit size. Most businesses will maintain a constant average. A large fluctuation might indicate fraud. • Destroy any checks that you do not intend to use.
• Use tamper resistant checks at all times.
• Notify us promptly when a signer's authority ends so that his/her name can be deleted from our records for your account, and any cards that we have issued to him/her or online access can be cancelled. • Do not sign blank checks.
• Obtain insurance coverage for these risks.

This is not an exhaustive list and there may be additional preventive measures you may take to prevent fraud and protect your account.

Protection against unauthorized items
Does Wells Fargo offer services to help prevent fraud on your account? Yes. We offer services for your account that provide effective means for controlling the risk from unauthorized items.

Examples of these services include:
• Positive Pay, Positive Pay with payee validation, and Reverse Positive Pay • ACH fraud filter, and
• Payment authorization service.
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In addition, we may recommend you use certain fraud prevention practices to reduce your exposure to fraud. Each of these practices is an "industry best practice." Dual custody is an example of an industry best practice. With dual custody, when one user initiates an action, like a payment or a change in the set-up of a service, the action does not take effect until a second user approves the action using a different computer or mobile device than one used to initiate the action.

What are potential consequences if you do not implement a fraud prevention service or industry best practice Wells Fargo has recommended?
If we have expressly recommended you use a fraud prevention service or industry best practice and you either (a) decide not to implement or use the recommended service or industry best practice, or (b) fail to use it in accordance with the applicable service description or other applicable documentation, then you will be treated as having assumed the risk of any losses that could have been prevented or mitigated by correct use of the recommended fraud prevention service or industry best practice.

Lost or stolen checks; unauthorized items
If any of your unissued checks have been lost or stolen, or if you learn that unauthorized items are being issued on your account, you agree to notify us at once. To the extent that your failure to notify us hampers our ability to prevent loss, we will be relieved of any liability for those items. Upon receipt of any notice from you, we - without any liability to you - will dishonor any item you, or any signer, has indicated is unauthorized and may:
• Close your account and open a new account for you, or • Pay any item presented for payment on your account, provided you have instructed us to pay that item and given us its number.

If we open a new account for you and you have authorized a third party to automatically make regular deposits to or withdrawals from your account (such as wire or ACH transfers), we will have no liability to you if you do not receive any regularly scheduled deposit or if a regularly scheduled payment is not made for you because you did not notify that third party in a timely fashion of the number of your new account.

When does your account become dormant?
Checking accounts, savings accounts, and time accounts (CDs) Generally, your account becomes dormant if you do not initiate an account-related activity for:
• 12 months for a checking account,
• 34 months for a savings account, or
• 34 months after the first renewal for a time account.

An account-related activity is determined by the laws governing your account. Examples of account-related activity are depositing or withdrawing funds at a banking location or ATM, or writing a check which is paid from the account.

Automatic transactions (including recurring and one-time), such as pre-authorized transfers, payments and electronic deposits (including direct deposits), set up on the account may not prevent the account from becoming dormant.

What happens to a dormant account?
We put safeguards in place to protect a dormant account which may include restricting the following transactions:
• Transfers by telephone,
• Transfers or payments through Wells Fargo Business Online® Banking or the Commercial Electronic Office®, and • Wire transfers (incoming and outgoing).

Normal monthly service and other fees continue to apply (except where prohibited by law).

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property laws, your account funds may be transferred to the appropriate state. This transfer is known as "escheat." If your account becomes escheatable, account statements will no longer be available. Your account will be closed. To recover your account funds, you must file a claim with the state.

Rights and responsibilities
What responsibilities do you and Wells Fargo have to each other? You and we are responsible for complying with the Agreement. We exercise ordinary care when we provide services.

When we take a check for processing by automated means, ordinary care does not require us to examine the check. In all other cases, ordinary care requires only that we follow standards that do not vary unreasonably from the general standards followed by similarly situated banks.

Except to the extent we fail to exercise ordinary care or to comply with the Agreement, you agree to indemnify and hold us harmless from all claims, demands, losses, liabilities, judgments, and expenses (including attorney's fees and expenses) arising out of or in any way connected with our performance under the Agreement. You agree this indemnification will survive termination of the Agreement.

In no event will either Wells Fargo or you be liable to the other for any special, consequential, indirect, or punitive damages. The limitation does not apply where the laws governing your account prohibit it.

We will not have any liability to you if your account has non-sufficient available funds to pay your items due to actions we have taken according to the Agreement.

Circumstances beyond your control or ours may arise and make it impossible for us to provide services to you or for you to perform your duties under the Agreement. If this happens, neither Wells Fargo nor you will be in violation of the Agreement.

Are you obligated to pay our fees?
Yes. By continuing to maintain your account you agree to pay our fees according to the pricing information.

Why do we charge a recoupment fee?
We assess the recoupment fee to partially recover insurance premiums we pay to the FDIC for deposit insurance. The amount of the recoupment fee appears on the periodic statement or client analysis statement for your account and is based on the monthly average ledger balance you maintain in your account. The recoupment fee is subject to change by us at any time without notice.

Note: The FDIC charges each insured bank a fee to cover its share of the cost of providing deposit insurance to depositors. The FDIC does not charge a bank's depositors for deposit insurance or require banks to pass the cost of deposit insurance on to their depositors. The FDIC does, however, permit a bank to recoup the cost of deposit insurance from its depositors, so long as the fee the bank charges its depositors does not reveal information that could be used to determine the bank's confidential supervisory ratings or mislead depositors by implying the FDIC is charging the fee.

Is your account subject to a deposit balance fee?
We reserve the right to assess a monthly deposit balance fee on the average positive collected balance in your business and commercial deposit account(s) with us. When we assess the deposit balance fee, the amount of the fee will appear on the periodic statement or client analysis statement for your account(s). The deposit balance fee is subject to change by us at any time without notice.
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Are you responsible for paying taxes?
Yes. Fees may be subject to state and local sales taxes, which vary by location, and will be assessed as appropriate.

You also agree to pay an amount equal to any other applicable taxes, including backup withholding tax.

How do you pay our fees and expenses?
We are permitted to either directly debit your account or invoice you for our fees, expenses, and taxes incurred in connection with your account and related services. We will debit service fees on the day of each calendar month we separately disclose to you, or if that day is not a business day, on the next business day. If there are non-sufficient funds in your account to cover the debit, we may create an overdraft on your account.

You agree to promptly pay any invoiced amount. We may assess finance charges on any invoiced amounts that are not paid within 45 days of the date of invoice. Finance charges are assessed at a rate of 1.5% per month (18% per annum) or the highest amount permitted by the laws governing this Agreement, whichever is less. Charges for accrued and unpaid interest and previously assessed finance charges will not be included when calculating finance charges. Payments and other reductions of amounts owed will be applied first to that portion of outstanding fees attributable to charges for accrued and unpaid interest and previously assessed finance charges, then to other fees and charges.

If an earnings allowance accrues, do we apply it to your fees and expenses? Yes. If an earnings allowance accrues on your account, we will periodically apply your accrued earnings allowance to eligible fees and expenses (unless we otherwise indicate in writing). If both an earnings allowance and interest accrue on your account, the interest may be shown as an offset to the earnings allowance on the client analysis statement for your account. If your earnings allowance exceeds your total maintenance and activity fees for the statement cycle for your account, the excess credit is not paid to you, nor is it carried forward to the following statement cycle. We may debit your account (or any other account you maintain with us) or invoice you for any amount by which the fees and expenses exceed the accrued earnings allowance on your account.

Note: Your earnings allowance is calculated by applying the earnings credit rate to the investable balance available in your account. The earnings credit rate is a variable rate that we may change at any time.

May we use the funds in your accounts to cover debts you owe us? Yes. We have the right to apply funds in your accounts to any debt you owe us. This is known as setoff. When we set off a debt you owe us, we reduce the funds in your accounts by the amount of the debt. We are not required to give you any prior notice to exercise our right of setoff.

A debt includes any amount you owe individually or together with someone else, both now and in the future. It includes any overdrafts and our fees. We may set off for any debt you owe us that is due or past due as allowed by the laws governing your account.

If your account is an unmatured time account, then we may deduct any early withdrawal fee or penalty. This may be due as a result of our having exercised our right of setoff.

If you have a sweep account, you authorize us to redeem your shares in the designated money market fund and apply the proceeds to any amount you owe us. Our right to setoff is in addition to and apart from any other rights under any other security interest you may have granted to us.

Do you grant us a security interest in your accounts with us? Yes. To ensure you pay us all amounts you owe us under the Agreement (e.g., overdrafts and fees), you grant us a lien on and security interest in each account you maintain with us, including your accounts with any affiliate. By opening and maintaining each account with us, you consent to our asserting our security interest if the laws governing the Agreement require your consent. Our rights under this security interest are in addition to and apart from any other rights under any 660
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other security interest you may have granted to us.

Can Wells Fargo benefit from having the use of funds in customers' non-interest bearing accounts? Yes. We may use these funds to reduce our borrowing from other sources such as the Fed Funds market, or invest them in short-term investments such as our Federal Reserve Account. This benefit may be referred to as spread. It is not possible to quantify the benefit to us that may be attributable to a particular customer's funds. That's because funds from all customers' non-interest earning accounts are aggregated to reduce our borrowing costs and for investment, and our use of funds may vary depending on a number of factors including interest rates, Federal Funds rates, credit risks, and our anticipated funding needs. Our use of funds as described in this paragraph has no effect or impact on your use of and access to funds in your account.

What is the applicable exchange rate?
The applicable exchange rate is the exchange rate we set and use for you when we convert one currency to another currency. It includes a markup. The markup factors include without limitation costs incurred, market risks, and our desired return. The exchange rate we provide to you may be different from exchange rates you see elsewhere. Foreign exchange markets are dynamic and rates fluctuate over time based on market conditions, liquidity, and risks. We reserve the right to refuse to process any request for a foreign exchange transaction.

What is FDIC "pass-through" insurance?
FDIC "pass-through" insurance is FDIC insurance that could exceed the standard maximum deposit insurance amount (currently $250,000 per depositor in the same ownership right and capacity). When you use your account to hold funds on behalf of third parties who are the beneficial owners of the funds, your account may qualify for FDIC pass-through insurance, provided you meet FDIC account titling and recordkeeping requirements. With FDIC pass-through insurance, each beneficial owner's funds held in your account are aggregated with other funds the beneficial owner holds in accounts with us in the same ownership right and capacity. The beneficial owner's aggregated funds are insured by the FDIC up to the standard maximum deposit insurance amount. Examples of holding funds on behalf of third parties include funds you hold as an agent, nominee, guardian, executor, custodian or funds held in some other capacity for the benefit of others.

What are the FDIC's recordkeeping requirements for pass-through FDIC insurance when your account has "transactional features"?
For any account with "transactional features" you agree to provide the FDIC (a) with the required information about the beneficial owners of the funds in your account, (b) in the required format, (c) within 24 hours of our failure. Your account has "transactional features" when funds can be transferred from the account, as detailed in 12 CFR 370.2(j).

What are the consequences if you are unable to provide the FDIC with the necessary data on the beneficial owners of funds in your account in the required format in the specified time frame? As soon as the FDIC is appointed as our receiver, a hold may be placed on your account so that the FDIC can conduct the deposit insurance determination. This hold will not be released until the FDIC obtains the necessary data to enable it to calculate the deposit insurance. You understand and agree that your failure to provide the necessary data to the FDIC in the required format and in the specified time frame may result in a delay in receipt of insured funds by the beneficial owners of the funds in your account and legal claims against you from the beneficial owners.

Detailed information about the FDIC's requirements for pass-through FDIC insurance coverage are available at the FDIC's website. Notwithstanding other provisions in this Agreement, these three FDIC subsections survive after the FDIC is appointed as our receiver, and the FDIC is considered a third party beneficiary of these subsections.

What are we allowed to do if there is an adverse claim against your account? An adverse claim occurs when:
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• Any person or entity makes a claim against your account funds, • We believe a conflict exists between or among the signers on your account, or • We believe a dispute exists over who has account ownership or authority to withdraw funds from your account.

In these situations, we may take any of the following actions without any responsibility to you:
• Continue to rely on the documents we have on file for your account. • Honor the claim against your account funds if we are satisfied the claim is valid. • Freeze all or a part of the funds in your account until we believe the dispute is resolved to our satisfaction. • Close your account and send a check for the available balance in your account payable to you or to you and each person or entity who claimed the funds.
• Pay the funds into an appropriate court.

We also may charge any account you maintain with us for our fees and expenses in taking these actions (including attorney's fees and expenses).

How do we handle legal process?
Legal process includes any levy, garnishment or attachment, tax levy or withholding order, injunction, restraining order, subpoena, search warrant, government agency request for information, forfeiture or seizure, and other legal process relating to your account.

We are permitted to accept and act on any legal process we believe to be valid, regardless of how and where it is served, including if process is served in locations, states, or jurisdictions other than the jurisdiction in which the account was opened or the account, property, or records are located. We may, but are not required to, provide notice of legal process relating to your account(s).

Any fees or expenses (including attorney’s fees and expenses) or losses we incur as a result of responding to legal process related to your account(s) are your responsibility. We may charge these costs to any account you maintain with us.

If you carry special insurance for employee fraud or embezzlement, can we require you to file your claim with your insurance company before making any claim against us? Yes. If you have special insurance for employee fraud or embezzlement, we reserve the right to require you to file your claim with your insurance company before making any claim against us. In that event, we will consider your claim only after we have reviewed your insurance company's decision, and our liability to you, if any, will be reduced by the amount your insurance company pays you.

Are there any minimum balance requirements or other restrictions? We may impose minimum balance requirements or other restrictions on your account, which we may disclose to you.

Are we allowed to restrict access to your account?
Yes. If we suspect any suspicious, unauthorized, or unlawful activities, we can restrict access to your account and other accounts with us that you maintain or control.

Are we allowed to convert your account without your request? Yes. We can convert your account to another type of account (by giving you any required notice).

Are we allowed to terminate or suspend a service related to your account? Yes. We can terminate or suspend specific services (e.g., wire transfers) related to your account without closing your account and without prior notice to you. You can discontinue using a service at any time. 662
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When can we close your account?
• We reserve the right to close your account at any time. • If we close your account, we may send the remaining balance on deposit in your account by mail or credit it to another account you maintain with us.
• We will not be liable for any loss or damage that may result from not honoring items or recurring payments or withdrawals that are received after your account is closed. • After your account is closed, you will remain responsible for any negative balance.

When can you close your account?
• You can request to close your account at any time if the account is in good standing (e.g., does not have a negative balance or restrictions such as holds on funds, legal order holds, or court blocks on the account). At the time of your request, we will assist you in withdrawing or transferring any remaining funds, bringing your account balance to zero.

Whether you or we close the account, you agree to maintain on deposit in your account sufficient funds (determined in our sole discretion) to cover outstanding items to be paid from your account, charge-backs including returned deposited items, and our fees and expenses.
• All outstanding items need to be processed and posted to your account before you make a request to close. Once the account is closed, items will be returned unpaid.
• Any recurring payments or withdrawals from your account need to be cancelled before you make a request to close (examples include bill payments and direct deposits). Otherwise, they may be returned unpaid. • We will not be liable for any loss or damage that may result from not honoring items or recurring payments or withdrawals that are received after your account is closed. • At the time of your request to close:
• For interest-earning accounts, your funds stop earning interest from the date of your request. • The Agreement continues to apply.
• If you have requested closing your account and a positive balance remains, we may send you a check for the remaining balance.
• After your account is closed, you will remain responsible for any negative balance.

Are transactions subject to verification by us?
Yes. All transactions are subject to our verification. This includes cash, items, or other funds offered for deposit for which we have provided a receipt. We do not verify all transactions. We reserve the right to reverse or otherwise adjust, at any time without prior notice to you, any debit or credit we believe we have erroneously made to your account.

Are we required to accept all deposits to your account? No. We may decline all or part of a deposit, including a cash deposit. Some examples are:
• An item made out to a payee not on your account,
• An item with an endorsement we are unable to verify, • A check or draft issued on a credit account,
• A very large cash deposit, and
• A non-U.S. item.

When we are unable to verify an endorsement on an item, we can also decline to pay, cash, or send the item for collection. We can require all endorsers to be present and we may require you to deposit the item instead of permitting you to cash it. For non-U.S. items, please see the response to "How do we handle non-U.S. items?". We may require any person wanting to make a cash deposit to provide an acceptable form of identification before we accept the deposit for processing.

Who is responsible to make sure the declared amount of funds offered for deposit is accurate? It is your responsibility, and we have no obligation to make sure the declared amount of your deposit is accurate. If we find a discrepancy exists between the declared and the actual amount of the funds, we are permitted to debit or credit 663
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your account and we may notify you if any adjustments are made. We are also permitted to use the declared amount as the correct amount to be deposited and to not adjust a discrepancy if it is less than our standard adjustment amount. We are permitted to vary our standard adjustment amount from time to time without notice to you and to use different amounts depending on account type.

You may arrange for us to adjust all discrepancies identified during any verification without using our standard adjustment amount by contacting your relationship manager.

What happens if there is an error in the amount of a deposit? If you notify us of an error in the amount of a deposit shown on your account statement within 30 days after receiving your account statement or it is made available to you, we will review the deposit and make any adjustment we determine is appropriate, subject to any applicable fees. If you do not notify us during this timeframe, we will consider the deposit amount on your statement to be correct. This means that if the actual amount is less than the amount on the statement, the difference will become your property. If the actual amount is more than the amount shown on the statement, the difference will become our property.

Are we allowed to obtain credit reports or other reports about you? Yes. We can obtain a credit or other report about you to help us determine whether to open or maintain an account. Other reports we can obtain include information from the following: 1) motor vehicle departments, 2) other state agencies, or 3) public records.

Are we required to obtain a tax identification number certification from you? Yes. U.S. Treasury regulations require us to determine the tax residency of all customers and payees who could receive income that is reportable to the IRS. We accomplish this by obtaining a Form W-9 from all U.S. taxpayers and a type of Form W-8 from all foreign customers.
• For U.S. taxpayers, the Form W-9 is how we document U.S. tax residency and obtain a Taxpayer Identification Number ("TIN") from the primary owner of each account that earns reportable income. Until we have received the Form W-9 and TIN, we are required to apply backup withholding to that income. • Foreign individuals (also referred to as nonresident aliens) and foreign entities document their tax residency outside the U.S. on the applicable type of Form W-8. That form also allows us to apply the correct withholding rate or exemption to your income earned in the U.S. If you do not provide a valid type of Form W-8, we are required to apply the 30% withholding rate, or in some cases, presume you are an uncertified U.S. taxpayer subject to backup withholding on all income and gross proceeds regardless of whether or not it is U.S. sourced. • Accounts jointly owned by at least one foreign individual or entity must provide a Form W-8 or Form W-9 for all of the joint owners.
• Foreign individuals provide a Form W-8BEN. Foreign entities that are the beneficial owner of the income provide a Form W-8BEN-E unless they can make a special withholding exemption claim and instead provide either a Form W-8EXP or Form W-8ECI.
• Entities that act as intermediaries or flow-through entities receiving income on behalf of someone else provide a Form W-8IMY. In some cases, that Form W-8IMY must also include a withholding statement that allocates the income to each of the beneficial owners and copies of the tax certification documentation for those underlying beneficial owners.

If you own your account as an individual or sole proprietor, upon your death we must be provided with the estate's or successor's IRS Form W-9 or Form W-8. If these are not provided, we may either refuse to pay interest earned on your account from the date of your death or apply backup withholding on the income earned after the date of your death.

When do we share information about your account with others? Generally, if we do not have your consent, we will not share information about your account. However, we may share information about your account under the following circumstances:
• To comply with the laws governing this Agreement;
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• In connection with examinations by state and federal banking authorities; • To comply with any legal process, including a subpoena, search warrant, or other order of a government agency or court;
• When we determine that disclosure is necessary or appropriate in order to complete a transaction; • To verify the existence and condition of your account for a third party, such as a merchant or credit bureau; • To provide information to your legal representative or successor; • When reporting the involuntary closure of your account; • When we conclude that disclosure is necessary to protect you, your account, or our interests; • To our agents, independent contractors, and other representatives in connection with the servicing or processing of your account or account transactions, account analysis, or similar purposes; • To our affiliates and affiliated companies; and
• If you give your permission.

How do we protect your data?
We are part of an international business with affiliated companies, employees, and service providers (collectively "Personnel") located in the United States and a number of countries around the world. Any information or data we obtain in connection with or relating to your accounts or services, including personal information (collectively "Data"), may be accessed by Personnel in any of these countries. Any of these Personnel will be subject to the requirements of our information security program, which includes policies to protect Data and limit access to those Personnel with a reasonable business need to know.

Are we allowed to monitor and record our communications with you? Yes. We can monitor, record, and retain your communications with us at any time without further notice to anyone, unless the laws governing your account require further notice.

Monitored and recorded communications include:
• Telephone conversations,
• Electronic messages,
• Electronic records, or
• Other data transmissions.

Is your wireless operator authorized to provide information to assist in verifying your identity? Yes. As a part of your account relationship, we may rely on this information to assist in verifying your identity.

You authorize your wireless operator (AT&T, Sprint, T-Mobile, US Cellular, Verizon, or any other branded wireless operator) to use your mobile phone number, name, address, email, network status, customer type, customer role, billing type, mobile device identifiers (IMSI and IMEI) and other subscriber status details, if available, solely to allow verification of your identity and to compare information you have provided to Wells Fargo with your wireless operator's account profile information for the duration of the business relationship.

Checking and savings accounts
What are the requirements for a correct endorsement?
An endorsement is a signature, stamp, or other mark on the back of a check. If you have not endorsed a check that you deposited to your account, we may endorse it for you. We may also send for collection any unendorsed check that is payable to you that you have deposited to your account. 665
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Are we bound by restrictions or notations on checks?
No. We are not bound by restrictions or notations, such as "void after six months," "void over $50," or "payment in full." When you cash or deposit a check with a notation or restriction, you are responsible for any loss or expense we incur relating to the notation or restriction.

What is a substitute check?
A substitute check is created from an original check; under federal law, it is legally equivalent to that original check. A substitute check contains an accurate copy of the front and back of the original check and bears the legend: "This is a legal copy of your check." You can use it the same way you would use the original check. As noted in the legend, a substitute check is the same as the original check for all purposes, including proving that you made a payment. Any check you issue or deposit that is returned to you may be returned in the form of a substitute check. You agree that you will not transfer a substitute check to us, by deposit or otherwise, if we would be the first financial institution to take the substitute check, unless we have expressly agreed in writing to take it.

What happens if you breach a warranty associated with an item? If you breach any warranty you make to us under the laws governing your account with respect to any item, you will not be released or discharged from any liability for the breach so long as we notify you of the breach within 120 days after we learn of the breach. If we fail to notify you within this 120-day period, you will be released from liability and discharged only to the extent our failure to notify you within this time period caused a loss to you.

How do we handle non-U.S. items?
A non-U.S. item is an item 1) payable in a currency other than U.S. dollars or 2) drawn on a financial institution that is not organized under U.S. law. We are not required to accept a non-U.S. item for deposit to your account or for collection. We may accept non-U.S. items on a collection basis without your specific instruction to do so. We can reverse any amount we have credited to your account and send the item on a collection basis even if we have taken physical possession of the item.

If we accept a non-U.S. item, the U.S. dollar amount you receive for it will be determined by our applicable exchange rate that is in effect at the time of deposit or our receipt of final payment (less any associated fees) of the collection item. If the non-U.S. deposited item is returned unpaid for any reason, we will charge the amount against your account (or any other account you maintain with us) at the applicable exchange rate in effect at the time of the return. For information on the applicable exchange rate, see "What is the applicable exchange rate?" in the "Rights and responsibilities" section of this Agreement.

Our funds availability policy does not apply to a non-U.S. item.

What is our responsibility for collecting a deposited item? We are responsible for exercising ordinary care when collecting a deposited item. We will not be responsible for the lack of care of any other bank involved in the collection or return of a deposited item, or for an item lost in collection or return.

What happens if we send an item for collection?
We may, upon notice to you, send an item for collection instead of treating it as a deposit. This means that we send the item to the issuer's bank for payment. Your account will not be credited for the item until we receive payment for it.

Our funds availability policy does not apply to an item we accept for collection.

What happens when a deposited or cashed item is returned unpaid? We can deduct the amount of the deposited or cashed item from your account (or any other account you maintain with us). We can do this when we are notified that the item will be returned. We do not need to receive the actual item (and usually do not receive it). We can do this even if you have withdrawn the funds and the balance in your account is not sufficient to cover the amount we hold or deduct and your account becomes overdrawn. In addition, we will charge you all applicable fees and reverse all interest accrued on the item. 666
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We may place a hold on or charge your account for any check or other item deposited into your account if a claim is made or we otherwise have reason to believe the check or other item was altered, forged, unauthorized, has a missing signature, a missing or forged endorsement, or should not have been paid, or may not be paid, or for any other reason.

When the claim is finally resolved, we will either release the hold or deduct the amount of the item from your account. We are not legally responsible if we take or fail to take any action to recover payment of a returned deposited item.

What happens when an electronic payment is reversed?
We may deduct the amount of an electronic payment credited to your account (e.g., direct deposit) that is reversed. We can deduct the amount from any account you have with us at any time without notifying you. You agree to promptly repay any overdrafts resulting from the reversed payment.

Are you responsible for assisting in reconstructing a lost or destroyed deposited item? If a deposited item is lost or destroyed during processing or collection, you agree to provide all reasonable assistance to help us reconstruct the item.

Electronic check indemnifications
What warranties do we provide for electronic checks and electronic returned checks? An "electronic check" and an "electronic returned check" mean an electronic image of, and electronic information derived from, a paper check or a paper returned check. When we transfer or present an electronic check or electronic returned check, we provide the following warranties:
• Image Quality Warranty: We guarantee that the electronic image of a check accurately represents all of the information on the front of the check as of the time that the original check is truncated, and the electronic information includes an accurate record of all MICR line information required for a substitute check and the amount of a check. • No Double Debit Warranty: We guarantee that the warrantee will not receive a presentment of or otherwise be charged for an electronic check, an electronic returned check, the original check, a substitute check, or a paper or electronic representation of a paper substitute check, in a way that the warrantee will be asked to make payment on a check that it has already paid.

When we transfer an electronic check for collection or payment, we make the image quality warranty and the no double debit warranty to the transferee bank, any subsequent collecting bank, the paying bank, and the drawer. When we transfer an electronic returned check for return, we make the image quality warranty and the no double debit warranty to the transferee returning bank, the depository bank, and the owner.

What indemnities are applicable to electronic checks and electronic returned checks? You will indemnify, defend, and hold us harmless from and against all liabilities, damages, claims, obligations, demands, charges, costs, or expenses (including reasonable fees and disbursements of legal counsel and accountants) awarded against or incurred or suffered (collectively, "losses and liabilities") by us arising directly or indirectly from or related to the transfer or return of an electronic check or an electronic returned check on your behalf. If we suffer any losses or liabilities arising directly or indirectly from or related to a breach of either the image quality warranty or the no double debit warranty, you will reimburse us and not hold us responsible or liable.

What indemnities are applicable to remote deposit capture services? By providing the remote deposit capture service to you, we are required to indemnify and reimburse a depository bank that accepts the original check from which an electronic check is created for losses incurred by that depository bank if the loss is due to the check having already been paid. If we suffer any losses or liabilities arising directly or indirectly from or related to that type of depository bank indemnity obligation, you will indemnify and reimburse us and not hold us 667
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responsible or liable.

What indemnities are applicable to electronically created items? If we transfer or present an "electronically created item" and receive settlement or other consideration for it, we are required to indemnify and reimburse each transferee bank, any subsequent collecting bank, the paying bank, and any subsequent returning bank against losses that result from the fact that:
• The electronic image or electronic information of the electronically created item is not derived from a paper check; • The person on whose account the electronically created item is drawn did not authorize the issuance of the electronically created item or to the payee stated on the item; or • A person receives a transfer, presentment, or return of, or otherwise is charged for an electronically created item in such a way that the person is asked to make payment based on an item or check it has paid.

If we suffer any losses or liabilities arising directly or indirectly from or related to that type of electronically created item indemnity obligation, you will indemnify and reimburse us and not hold us responsible or liable.

Funds availability policy
When can you withdraw funds?
Our funds availability policy is to make funds from your checking deposit available to you on the first business day after the day we receive your deposits.

Funds from the deposits listed below are available on the first business day after the day of your deposits, if you make the deposit in-person to one of our employees or agents and you use a special deposit slip we provide:
• State and local government checks that are payable to your company. • Cashier's, certified, and teller's checks that are payable to your company where we are not the issuer or drawee.

While we generally make funds from your check deposits available to you on the first business day after the day we receive the deposits, our policy makes funds available according to an availability schedule or schedules we provide or make available to you, subject to, among other things, the location of the deposit transaction or the manner in which the deposit is made.

Our funds availability policy relating to other types of deposits is described below. If we delay the availability of a deposit, the length of the delay varies depending on the type of deposit as explained below.

Once they are available, you can withdraw the funds in cash. We will use the funds to pay checks and other items presented for payment and applicable fees that you have incurred.

When is your deposit considered received?
For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a deposit before our established cutoff time on a business day that we are open, we will consider that day to be the day your deposit is received by us. For deposits granted same calendar day availability as described below, the calendar day you make the deposit will be considered the day of deposit. For all other deposits, if you make a deposit after our cutoff time or on a day we are not open, we will consider the day your deposit is received by us to be the next business day we are open.

Our established cutoff time is when a branch closes for business and may vary by location. The cutoff time for checks deposited at a Wells Fargo ATM is 9:00 p.m. local time (8:00 p.m. in Alaska).

Any deposits placed in a "night depository" before the established deadline on a business day we are open will be credited to your account by the close of business that day. Deposits placed in the "night depository" after the established 668
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deadline will be credited to your account by the close of the next business day we are open.

Same business day availability
The following deposits will be available on the business day we receive the deposit:
• Incoming wire transfers.
• Electronic direct deposits.
• Cash deposited at a teller window.
• Checks drawn on us.

If you do not make your deposit in person to one of our employees (for example, if you mail the deposit), funds from these deposits will be available on the second business day after the day we receive your deposit. For example, if we receive your mailed deposit on Monday, the funds will be available on Wednesday.

Longer delays may apply.

In some cases, we will not make all the funds that you deposit by check available to you on the first business day after the day of your deposit. Depending on the type of check you deposit, funds may not be available until the second or third business day after the day of your deposit. The first $225 of your deposit, however, may be available on the first business day after the day of your deposit.

Except as otherwise explained in this paragraph, if we are not going to make all funds from your deposit available on the business day of deposit or the first business day after the day of deposit, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made directly to a Wells Fargo employee, or if we decide to take this action after you have left the premises, we will mail you the notice by the first business day after we receive your deposit.

If you need the funds from a deposit right away, you may ask us when the funds will be available.

In addition, funds you deposit by check may be delayed for a longer period under the following circumstances:
• We believe a check you deposit will not be paid.
• You deposit checks totaling more than $5,525 on any one day. • You redeposit a check that has been returned unpaid. • You have overdrawn your account repeatedly in the last 6 months. • There is an emergency, such as a failure of computer or communications equipment.

We will notify you if we delay your ability to withdraw funds for any of these reasons, and we will tell you when the funds will be available. The funds will generally be available no later than the seventh business day after the day of your deposit.

Holds on other funds (check cashing)
If we cash a check for you that is drawn on another bank, we may withhold the availability of a corresponding amount of funds that are already in your account. Those funds will be available at the time funds from the check we cash would have been available if you had deposited it.

Holds on other funds (other account)
If we accept a check for deposit that is drawn on another bank, we may make funds from the deposit available for withdrawal immediately but delay your ability to withdraw a corresponding amount of funds that you have on deposit in another account with us.

The funds in the other account would then not be available until the time periods that are described in this policy. 669
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Available balance, posting order, and overdrafts
How do we determine your account's available balance?
• Your account’s available balance is our most current record of the amount of money in your account available for your use or withdrawal. We use the available balance to process your transactions during the day (e.g., wire transfers and other electronic transactions). We also use the available balance when we process your transactions during our nightly processing. We calculate your available balance as follows: We start with the ending daily account balance from our prior business day nightly processing that includes all transactions deposited to or paid from your account.
• We subtract from this balance any holds placed on a deposit to your account and any holds placed due to legal process.
• We add pending deposits that are immediately available for your use (including cash deposits, electronic deposits, and the portion of a paper check deposit we make available; see “Funds availability policy” section for details).
• We subtract pending withdrawals we have either received (such as wire transfers and other electronic transactions) or are known to us (such as your checks we receive for payment from your account) but have not processed.

How do we post transactions to your account?
We post transactions each business day (Monday through Friday except federal holidays) during our nightly processing.

Once we process a transaction, we post the results to your account. There are three key steps to this process. The most common types of transactions are processed as described below.

1. We determine the available balance in your account (as described above) that we can use to pay your transactions.

2. We sort your transactions into three categories: deposits, “must-pay” transactions, and checks and certain ACH payments.
• Deposits. We credit your account for deposits, including cash and check deposits and incoming electronic transfers, received before the cutoff time at the location the deposit or transfer was made. • “Must-pay” transactions. A “must-pay” transaction is a withdrawal/payment we have previously authorized and cannot return unpaid, such as account transfers, and teller-cashed checks. If we receive more than one of these transactions for payment from your account, we will generally sort and pay them based on the date and time we received them. Multiple transactions that have the same time will be sorted and paid from lowest to highest dollar amount.
• Checks and certain ACH payments. Finally, we use your remaining funds to pay to pay your checks and preauthorized ACH payments (such as bills you pay by authorizing a third party to withdraw funds directly from your account). If there is more than one of these types of transactions, they will be sorted by the date and time we received them. Multiple transactions that have the same time will be sorted and paid from lowest to highest dollar amount.

3. If the available balance in your account is not enough to pay all of your transactions, we will decide whether to pay your transaction and overdraw your account or return your transaction unpaid. 670
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• Important Note: When we receive multiple transactions on the same day and the available balance in your account is not enough to pay all the transactions, we reserve the right to choose the order in which we pay the transactions, including paying the highest dollar amount first or in any other order we determine in our sole discretion.

What is your responsibility if your account has an overdraft? If you have an overdraft on your account (including transactions we have paid on your behalf into overdraft, plus any fees), you must promptly make a deposit or transfer to return your account to a positive balance.

Additional rules for checks and withdrawals
What identification do we request to cash items presented over the counter by a non-customer? For these transactions, we require acceptable identification, which can include a fingerprint from the person presenting your item. We may not honor the item if the person refuses to provide us with requested identification.

Are there special rules if you want to make a large cash withdrawal or deposit? We may place reasonable restrictions on a large cash withdrawal. These restrictions include requiring you to provide five business days' advance notice to ensure we have sufficient cash on hand. We do not have any obligation to provide security if you make a large cash withdrawal. If you want to deposit cash for a very large amount, we have the right to require you to provide adequate security or exercise other options to mitigate possible risks.

Can you perform transactions at an affiliate?
Yes. You may make deposits to and withdrawals from your account at an affiliate, provided the affiliate agrees. If you make a deposit to your account at an affiliate, that affiliate's collection schedule and funds availability policy will determine when the deposited funds will be considered collected and available. If an affiliate cashes an item for you, we may place a hold on your account for a corresponding amount of funds. If the item is later returned to the affiliate for any reason, we may debit one or more of your accounts for the amount of the item.

Are we responsible for reviewing checks for multiple signatures? No. We are not responsible for reviewing the number of signatures on your account. We do not accept any duty to enforce multiple signature requirements. If you indicate that more than one signature is required, this indication is for your own internal procedures and is not binding on us.

Are we required to honor dates and special instructions written on checks? No. We may, without inquiry or liability, pay a check even if it:
• Has special written instructions indicating we should refuse payment (e.g., "void after 30 days" or "void over $100"); • Is stale-dated (i.e., the check's date is more than 6 months in the past), even if we are aware of the check's date; • Is post-dated (i.e., the check's date is in the future); or • Is not dated.

We may also pay the amount encoded on your check in U.S. dollars, even if you wrote the check in a foreign currency or made a notation on the check's face to pay it in a foreign currency. The encoded amount is in the line along the bottom edge of the front of the check where the account number is printed.

Can you use a facsimile or mechanical signature?
Yes. If you use a facsimile or computer-generated signature and/or a logo (including a stamp), any item appearing to use your facsimile or computer-generated signature and/or logo will be treated as if a signer on your account had actually signed it.
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Are we liable for paying a consumer ACH debit entry on your account? No. Under the ACH operating rules, certain types of ACH debit entries may only be presented on a consumer account ("a consumer ACH debit entry"). We will have no obligation to pay, and no liability for paying, any consumer ACH debit entry on your account.

What is the acceptable form for your checks?
Your checks must meet our standards, including paper stock, dimensions, and other industry standards. Your checks must include our name and address, as provided by us. Certain check features, such as security features, may impair the quality of a check image that we or a third party create.

We reserve the right to refuse checks that do not meet these standards or cannot be processed or imaged using our equipment. We are not responsible for losses that result from your failure to follow our check standards.

How do you reorder checks?
You can reorder checks by mailing the reorder form enclosed in your current order of checks or by calling us at the telephone number shown on your account statement. If you or a third party prints its items, we shall have no liability to you if we are unable to process these checks by automated means.

How do you stop payment on a check?
You may request a stop payment on your check in a time and manner allowing us a reasonable opportunity to act on it before we pay, cash, or otherwise become obligated to pay your check.

Each stop payment order is subject to our verification that we have not already paid or otherwise become obligated to pay the check from your account. This verification may occur after we accept your stop payment order.

In order to issue a stop payment order on a check, we request the following information:
• Your bank account number,
• The check number or range of numbers,
• The check amount or amounts,
• The payees' names, and
• The date on the check.

We are not responsible for stopping payment on a check if you provide incorrect or incomplete information about the check. We are also not responsible if we do not pay a check for which a valid stop payment order is in effect.

What is the effective period for a stop payment order?
A stop payment order on an item is valid for 6 months. We may pay a check once a stop payment order expires. If you do not have our STOP AUTO-RENEWAL Service on your account, you must place a new stop payment order if you do not want it to expire. We treat each renewal as a new stop payment order. We will charge you for each stop payment order you place (as well as each renewal).

If you have our STOP AUTO-RENEWAL Service on your account, your stop payment order renews annually for up to six 12- month periods, unless you otherwise notify us in writing.

How do you cancel a stop payment order?
To cancel a stop payment order, we must receive your request in a time and manner allowing us a reasonable opportunity to act on it.

Are you still responsible if we accept a stop payment on a check? Yes. Even if we return a check unpaid due to a stop payment order, you may still be liable to the holder (e.g., a check cashing business) of the check, and potentially additional amounts that the holder may be due under the laws governing 672
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this Agreement.

How can you prevent a post-dated item from being paid before its due date? A post-dated item is an item you issue with a date in the future. We are not responsible for waiting to honor the item until that date, unless you instruct us to do so through the use of a stop payment order for the item. You are responsible for notifying us to cancel the stop payment order when you are ready to have that item paid.

How do you stop payment for preauthorized electronic fund transfers? For information on placing a stop payment order on an ACH debit entry, please refer to "Fund transfer services" In the "Electronic banking services" section of this Agreement.

Your account ownership
Can you assign ownership of your account?
No. No assignment of your account will be valid or binding on us, and we will not be considered to have knowledge of it, until we consent and the assignment is noted in our records. However, by noting the assignment, we do not have any responsibility to assure that the assignment is valid. Any permitted assignment of your account is subject to our setoff rights.

What if an owner does not sign account documentation?
If a customer identified in our records as an owner or a co-owner of an account does not sign the account application or other account-related documentation, it does not prevent us from treating the customer as an owner or a co-owner of that account; we are not liable to anyone as a result.

Are all joint owners responsible for liabilities on your account? Yes. All joint owners are each individually and jointly responsible for any overdraft on your account, regardless of who caused or benefited from the overdraft. If there is a setoff, an enforcement of our security interest in your account, or legal action (such as a third party garnishment, seizure, forfeiture, or tax levy) affecting any co-owner, we have the right to treat all funds in the account as belonging to the customer against whom the setoff, enforcement of the security interest, or other legal action is directed. If your account is closed for unsatisfactory handling, we may report all joint owners to the consumer reporting agencies.

What happens upon death or incompetence of a signer or account owner? Please notify us promptly if you learn or suspect an account owner or signer has been declared incompetent by a court or a legal authority, or has died. When we receive proper notice, we may:
• Freeze the account until we receive documents verifying the incapacity or death and instructions for the funds remaining in the account,
• Pay (without inquiring) any item authorized by the account owner before being declared incompetent or dying, • Return or reverse deposits made to the account, and • Apply funds in the account to any debt the account owner owes us before recognizing the rights to any remaining funds of a surviving joint owner or other person.

If we are liable for taxes because we released funds in an account after the account owner's death, the account owner's estate is responsible for reimbursing us for those taxes.

Upon notifying us of the death or incompetence of a business owner, the business entity will need to provide documentation evidencing any change in the ownership or control of the entity following applicable legal formalities. 673
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24 Commercial Account Agreement
Interest earning accounts
What interest rate applies to an interest earning account? When you open an interest earning account, we will provide you with the current interest rate and Annual Percentage Yield (APY) for your account. Interest earning accounts earn interest at a variable rate, except time accounts. We may change the interest rate for variable-rate accounts at any time. The interest rate may vary depending on your daily balances.

How do we calculate earned interest?
We may use either the daily balance method or the average daily balance method to calculate interest. Unless we have specified otherwise in writing, we will use the daily balance method to calculate interest. The daily balance method applies a daily periodic rate to principal each day.

The average daily balance method applies a periodic rate to the average daily collected balance for the period. The average daily balance is calculated by adding principal each day and dividing by the number of days in the period.

If your account is a tiered-rate account, we may pay the same interest rate on more than one tier.

When does a deposit begin accruing interest?
Cash deposits begin accruing interest the same business day a deposit is credited to your account. If you deposit an item such as a check, interest begins accruing on the business day we receive credit for the item.

Is interest compounded and when is it credited?
Interest will compound on a daily basis. For checking and savings accounts, interest will be credited on a monthly basis.

For time accounts, we will notify you separately as to the frequency with which interest will be credited to your account.

Can you specify a target balance on your accounts?
Yes. If you maintain multiple accounts with us, you may, with our consent, designate in writing one of these accounts as your "principal account" and one or more additional accounts as "target balance accounts." For each target balance account, you will separately specify to us in writing the ledger balance or collected balance which you wish to maintain in that account (the "target balance"). At the end of each business day, we will determine the applicable balance on deposit in each target balance account. If the applicable balance in a target balance account is greater than its target balance, we will transfer to the principal account the funds necessary to bring the applicable balance to the target balance. If the applicable balance is less than the target balance, we will transfer to the target balance account the funds necessary to bring the applicable balance to the target balance. We may, but will not be required to, transfer funds even if the transfer would create an overdraft or exceed the collected balance on deposit in the principal account.

When are interest adjustments disclosed in your account statement? An interest adjustment may be reflected on your account statement in a month later than the month in which it occurs.

What is the difference between Annual Percentage Yield (APY) and Annual Percentage Yield Earned (APYE)? • The Annual Percentage Yield (APY) is a percentage rate reflecting the total amount of interest paid on an account based on the interest rate and the frequency of compounding for a 365-day period. • The Annual Percentage Yield Earned (APYE) is an annualized rate that reflects the relationship between the amount of interest actually earned on your account during the statement period and the average daily balance in the account for the statement period.

We calculate both your APY and APYE according to formulas established by federal regulations. The APYE appears on your account statement.
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Do we have the right to require 7 days written notice before you withdraw money from your savings account? Yes. We have the right to require 7 days written notice before you withdraw money from your savings account.

Time accounts (CDs)
What are time accounts?
Time accounts include deposits which are payable at the expiration of a specified term, no less than seven calendar days after the date of deposit. We may also refer to a time account as a CD or a Certificate of Deposit, even though we do not issue a paper certificate when opening the account or require a paper certificate to close the account. The time account's maturity date is the last day of the term for the time account. The maturity date is printed on your receipt.

When can you withdraw funds from your time account?
You may withdraw funds from your time account on the maturity date without a penalty. You may also generally withdraw funds without a penalty within the seven calendar days after the maturity date (grace period). You may be charged a penalty if you make a withdrawal at any other time.

How is the early withdrawal penalty assessed?
If you withdraw funds from your time account before the maturity date, an early withdrawal penalty will be assessed. For terms:
• Less than three months (or less than 90 days), the fee is one month's interest. • Three months (or 90 days) through 12 months (or 365 days), the fee is three months' interest. • Over 12 months through 24 months, the fee is six months' interest. • Over 24 months, the fee is 12 months' interest.

The minimum fee is $100.

The early withdrawal penalty is based on the principal amount withdrawn, at the interest rate on your time account at the time of withdrawal. For purposes of determining the amount of the early withdrawal penalty, one month's interest is equal to one year's interest - at the interest rate in effect at the time of withdrawal - divided by 12. The amount of the early withdrawal penalty is deducted from earned interest. If the penalty is greater than the earned interest, the difference is deducted from the principal. In no event will the early withdrawal penalty for a withdrawal during the first six days after the date of deposit be less than seven days' simple interest.

Can you deposit additional funds into your time account? You can only deposit additional funds during the grace period.

Will your Annual Percentage Yield (APY) change if you withdraw interest before maturity? The APY we disclose to you assumes the interest you earn will remain on deposit until your time account matures. If you withdraw your earned interest before maturity, your account will earn less interest over time and the actual APY will be less than the disclosed APY.

How does your time account renew?
Your time account will automatically renew at maturity:
• Typically for a similar term unless we inform you prior to maturity of a different term; and • At our interest rate in effect on the maturity date for a new time account of the same term and amount, unless we have notified you otherwise.
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26 Commercial Account Agreement
Electronic banking services
Fund transfer services
The following terms and conditions apply to funds transfers to or from your account. These terms and conditions are in addition to, and not in place of, any other agreements you have with us about funds transfers. The terms "funds transfer," "funds-transfer system," "payment order," and "beneficiary" are used here as defined in Article 4A of the Uniform Commercial Code, as adopted by the state whose laws govern this Agreement.

Rules of funds transfer systems
Funds transfers to or from your account will be governed by the rules of any funds transfer system through which the transfers are made, including Fedwire, the National Automated Clearing House Association, the Electronic Check Clearing House Organization, any regional association (ACH), the Clearing House Interbank Payments System (CHIPS), the Society for Worldwide Interbank Financial Telecommunications (SWIFT), and the RTP system (RTP System).

We are under no obligation to honor, in whole or in part, any payment order or other instruction that could result in our violation of applicable law, including requirements of the U.S. Department of the Treasury's Office of Foreign Assets Control and the Financial Crimes Enforcement Network.

Sending funds transfers
In acting on your transfer instructions, we may use any means of transmission, funds transfer system, clearing house, or intermediary bank that we reasonably select.

Notice of funds transfers
We will notify you of funds electronically debited from or credited to your account through the account statement covering the period in which the transaction occurred. We are under no obligation to provide you with any additional notice or receipt
Reliance on identification numbers
• If a payment order or other instruction to transfer funds describes the party to receive payment inconsistently by name and account number, we may make the payment based on the account number, even if it identifies a party different from the named recipient.
• If an instruction or order to transfer funds describes a participating financial institution inconsistently by name and identification number, we may rely on the identification number as the proper identification of the financial institution.

Duty to report unauthorized or erroneous funds transfers You will exercise ordinary care to determine whether a funds transfer to or from your account was either not authorized or erroneous. You will also notify us of the facts within a reasonable time, not exceeding 14 days after you have received your account statement from us on which the funds transfer appears or you otherwise have notice of the funds transfer, whichever is earlier. You must notify us within 14 days to be entitled to a refund from us. If you do not notify us within 14 days, we will be entitled to retain payment for the funds transfer.

Erroneous payment orders
We have no obligation to detect errors you make in payment orders - for example, an instruction to pay a beneficiary not intended by you, or to pay an amount greater than the amount you intended, or a transmission of a duplicate payment order previously sent by you. If we detect an error on one or more occasions, we will not be obligated to detect errors in any future payment order.

ACH transactions
In addition to the other terms in the Agreement, the following terms and conditions apply to payments to or from your account that you transmit through an ACH:
• Your rights for payments to or from your account will be based on the laws governing your account. 676
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• When we credit your account for an ACH payment, the payment is provisional until we receive final settlement through a Federal Reserve Bank or otherwise receive payment. • If a payment is credited to your account and we do not receive final settlement or payment, we are entitled to a refund from you for the amount credited to your account.
• You authorize any Originating Depository Financial Institution (ODFI) to initiate, according to ACH Operating Rules, ACH debit entries to your account for presentment or re-presentment of items written or authorized by you.

Reversal or return of ACH transactions
Under the ACH Rules, we can return any non-consumer ACH debit entry as unauthorized until midnight of the business day following the business day we post the entry to your account. (For example, if we post the entry on Tuesday, we can return it up to midnight on Wednesday.) For us to meet this deadline, you are required to notify us to return any non- consumer ACH debit entry as unauthorized by the cutoff time we separately disclose. The cutoff time is currently 3:00 PM Central Time. (In the example above, you would need to notify us by 3:00 PM Central Time on Wednesday).

If you do not notify us in a timely manner of the unauthorized non-consumer ACH debit entry, we will not be able to return it without the cooperation and agreement of the originating bank and the originator of the debit entry. Any other effort to recover the funds must occur solely between you and the originator of the entry.

Stop payment orders on ACH debit entries
You may request a stop payment order for an ACH debit entry that has not already been paid from your account. An "ACH debit entry" is an order or request for the withdrawal of money from your account through ACH. To be effective, a stop payment order must be received in a time and manner that gives us a reasonable opportunity to act on it. If you provide oral instructions to stop payment on an ACH debit entry, we may require confirmation in writing. If that written confirmation is not received, we may remove the stop payment order after 14 days. An instruction to revoke a stop payment order must be received in a time and manner that gives us a reasonable opportunity to act on it.

To place a stop payment order on an ACH debit entry, you must provide:
• Your account number,
• Amount of the ACH debit entry,
• Effective date of the ACH debit entry, and
• Name associated with the originator of the debit entry.

We may request additional information and may use only a portion of the required information to identify the ACH debit entry. We may be able to place a stop payment order based on the company identification number of the originator of the ACH debit entry, but this may stop all ACH entries received from this sender.

Additional information on ACH debit entries
Any information provided by you that is incorrect or subject to change (for example, if the originator changes its company identification number or individual identification number) may result in payment of the ACH debit entry. You acknowledge this risk and agree that you are responsible for notifying the originator of the ACH debit entry that your authorization has been revoked. You agree to indemnify and reimburse us and hold us harmless from and against any loss incurred by us as a result of our paying an ACH debit entry if any of the information relied on in the stop payment order is incorrect or incomplete (or as a result of us not paying an ACH debit entry for which a valid stop payment order is in effect).

Receiving RTP payments
The following additional terms apply to any real-time payments we receive for credit to your account through the RTP System. The terms "sender," "receiver," and "sending participant" are used here as defined in the System Rules governing RTP payments ("RTP Rules"). In addition to the RTP Rules, RTP payments will be governed by the laws of the state of New York, including New York's version of Article 4A of the Uniform Commercial Code, as applicable, without regard to its conflict of laws principles.
• The RTP System may be used only for eligible payments between a sender and receiver with accounts located in the 677
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United States. You may not send or receive payments on behalf of any person or entity not domiciled in the United States. RTP payments that are permitted under the RTP Rules and our requirements will be considered eligible payments for purposes of this Agreement.
• RTP payments cannot be cancelled or amended by the sender. If we receive a message from a sending participant requesting return of an RTP payment received for credit to your account, we may notify you of that request. You are not obligated under the RTP Rules to comply with any such request for return of funds. Any dispute between you and the sender of an RTP payment should be resolved between you and the sender. • If you do not wish to accept an RTP payment received for credit to your account, you may request that we return that payment to the sender. We may, at our sole discretion, attempt to honor that request, but will have no liability for our failure to do so.
• RTP payments are typically completed within 30 seconds of transmission of the RTP payment by the sender, unless the RTP payment fails or is delayed due to a review by us or the sending participant, such as for fraud, regulatory, or compliance purposes. Transaction limits imposed by the RTP System or sending participant may also prevent RTP payments from being received for credit to your account.

Selected services
Stagecoach Deposit® - ATM Deposit Only Card Service.

You may elect to use Wells Fargo's Stagecoach Deposit® Deposit Only Card Service by completing and returning to us the setup form for the service. This service allows you to make deposits to your account using a Stagecoach Deposit® ATM Deposit Only card ("Deposit Card") at a designated Wells Fargo ATM ("ATM") or in a Wells Fargo branch.

When you make deposits at a designated Wells Fargo ATM, you will make those deposits according to the instructions we provide. You will gain access to the ATM using the Deposit Card and a Personal Identification Number ("PIN"); you assume the risk of misuse of both. We will provisionally credit each deposit to your account based on the amount you key into the ATM. Your ATM deposits are subject to the standard cut-off time established for the ATM into which the deposit was made and our funds availability policy applicable to your account. If the dollar amount of your deposit - as determined by us - differs from your total (as shown on your ATM receipt), we will send you a statement showing the amount of this difference. You agree that our count of the dollar amount of your deposit will be conclusive and binding on you. You will have full responsibility for each deposit and its contents until the deposit has been completely and physically accepted into the ATM. If you claim any portion of a deposit was lost or stolen while in our custody, you acknowledge that you have the burden of proving your claim. If you order supplies for the ATM Deposit Service through the ATM, you authorize us to initiate debits to your account and credits to the accounts of third party vendors to cover the cost of those supplies provided to you. Those transfers may be processed through an automated clearing house or any other means chosen by us, and will be subject to the rules of the funds transfer system used by us. Your authorization for the transfers will remain in full force and effect until we have received written notification from you of its termination in a time and manner as to afford us and any third-party vendor a reasonable opportunity to act on it.

Stagecoach Deposit® - Post Verify Service.

If you elect to use our Stagecoach Deposit® - Post Verify Service, you will prepare, package, and deliver Stagecoach deposits to us according to our instructions. We will provisionally credit your account for the currency shown on the deposit ticket enclosed in your Stagecoach deposit bag as follows:
• Same day credit for deposits delivered to one of our offices before that office's cut-off time on any business day we are open or for deposits placed in night depository before 6:00 a.m. on any business day we are open; or • Next business day credit for deposits delivered to one of our offices on any business day we are open on or after the office's cut-off time or on any non-business day.

All Stagecoach deposits are subject to our acceptance and verification. We will verify the currency in your Stagecoach deposit bag either at a later time in our office or when your Stagecoach deposit bag is delivered to our cash vault. Checks will be verified when they are delivered to our check processing center. We reserve the right to adjust (debit or credit) your 678
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account if we determine that the amount shown on your deposit ticket is incorrect. Because the frequency of armored courier transportation from our offices to our vaults varies from office to office, the time it takes to verify your Stagecoach deposit may vary, depending on the office to which your Stagecoach deposit bag is delivered. In most cases, adjustments will be made and notification will be sent within three business days. Adjustments will be effective when they are processed.

Overdraft Protection
This is an optional service you can add to an eligible checking account by linking up to two eligible accounts (one savings, one credit). We will use available funds in your linked account(s) to authorize or pay your transactions if you don't have enough money in your checking account. If you link two accounts, you may tell us which account to use first to transfer/ advance funds. If you do not specify an order, we will first transfer funds from your linked savings account. • Transfers from linked savings account. If the available balance in your savings account is $25 or more and can cover the overdraft, we will transfer the exact amount needed or a minimum of $25. If the available balance in your savings account is less than either $25 or the amount needed, we will transfer the available balance. • Advances from linked credit card or line of credit account. If the available credit in your credit card account is $25 or more and can cover the overdraft, we will advance the exact amount needed or a minimum of $25. If the available credit in your credit card account is less than either $25 or the amount needed, we will advance the available credit.

Advances from an eligible linked Wells Fargo line of credit will be made in increments of $100 or $300 (See your Credit Account Agreement for specific details).

Debit Card Overdraft Service
Debit Card Overdraft Service allows us to approve (at our discretion) your ATM and everyday (one-time) debit card transaction(s) if you do not have enough money in your checking account or in accounts linked for Overdraft Protection at the time of the transaction. With this service, ATM and everyday (one-time) debit card transactions may be approved into overdraft at our discretion and an overdraft fee may apply. If you make a covering transfer or deposit (subject to our funds availability policy) by the posted cutoff time on the same business day as the transaction, no fees will be assessed. Debit Card Overdraft Service does not apply to checks and other transactions such as Bill Pay, ACH, or recurring debit card transactions (such as utilities or health club memberships). We may continue to authorize or pay these transactions into overdraft, at our discretion, and our standard overdraft fees and policies will apply.

If Debit Card Overdraft Service is not added and there is not enough money in your checking account or accounts linked for Overdraft Protection, your ATM and everyday (one-time) debit card transactions will be declined, and there will be no fees for declined transactions. If the service is not added and your ATM or everyday (one-time) debit card transaction creates a negative balance during posting, there will not be an overdraft fee.

Debit Card Overdraft Service is automatically added to eligible business accounts at account opening.

You can add or remove the service at any time. Debit Card Overdraft Service is not available for certain accounts, such as accounts for government entities or savings accounts. Debit Card Overdraft Service is a discretionary service that we may remove for a variety of reasons including excessive overdrafts or returned items, as we determine.

Wells Fargo's standard overdraft coverage
Our standard overdraft coverage is when, at our discretion, we pay items, such as checks or automatic payments (e.g., ACH payments) into overdraft rather than returning them unpaid. You can request to remove our standard overdraft coverage from your account by speaking to a banker.

Important: If standard overdraft coverage is removed from your account, the following will apply if you do not have enough money in your checking account or in accounts linked for Overdraft Protection to cover a transaction:
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• We will return your checks and automatic payments (such as ACH payments) and you could be assessed fees by merchants.
• We will not authorize ATM and everyday (one-time) debit card transactions into overdraft. If your account is enrolled in Debit Card Overdraft Service, the service will also be removed.

We will not authorize certain transactions (such as cashed checks, recurring debit card transactions, or Bill Pay transactions) into overdraft. However, if these transactions are authorized when your account has enough money but are later presented for payment when your account does not have enough money, we will pay the transaction into overdraft and charge an overdraft fee.

Important information about fees:
• Fees may be assessed with each item paid into overdraft subject to the following:
• No overdraft fee will be assessed on ATM and everyday (one-time) debit card transactions unless Debit Card Overdraft Service is added to your account. The merchant informs us if a debit card transaction is a one-time or recurring transaction. An overdraft fee can be assessed on recurring debit card transactions and any other item we pay into overdraft.
• Any overdraft fee assessed will be deducted from your account during the morning of the next business day following our nightly process.
• We will track transactions that reduced your available balance while pending and caused overdraft fees on other transactions. If these transactions are presented for payment within 10 business days after they first appeared as pending, we will waive any overdraft fees on those transactions. In rare circumstances, the merchant presents transactions for payment with a different identification code than was used when the transaction was sent for authorization and we are unable to match them.
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TM Product Enrollment
TM-1500 (Rev 08/20/2021)
Treasury Management Product Enrollment
Customer Information
Customer Name CEO Company ID
Street Address
City State Zip
Country Name
Country Code
(if applicable)
Primary Contact Phone
Email Address Fax
CEO® Users Set-up
User Name User ID (if existing)
Select one or more CEO Products for the user(s) listed above:

ACH Payments1 User ACH Payments1 Administrator ACH Fraud Filter Cards2 Payment Manager Online Other Treasury Management Products not in Administration3 Other Treasury Management Products in Administration4 Cash Vault (specify):Deposit Inquiry Change Orders Inquiry Change Orders Supply Order Accounts:

ACH IDs (File ID/Company ID):
1 This only covers giving users access to the high level product in the CEO and the ACH application. Additional approval is required to set up detailed product entitlement within the ACH application. 2 Recognition Card.
3 Autolink, Bill Manager, Document Retrieval, Electronic Document Delivery, Invoice Manager, Payment and Delivery Preferences, Receivables Manager, Retail Lockbox Image Archive, Reverse Positive Pay, Sweep and Fed Funds - Statements and Confirmations, and Wells Fargo Business Online (Single Sign On). 4 Alerts, ARP Register Maintenance, Basic Banking, Canadian Treasury Services, Cash Concentration, Centralized Disbursements, Centralized Disbursements – Clients, Claims Payments, Deposit Maintenance (Smart Decision), Desktop Deposit, E-Box Decisioning, Fed Funds, Image, Image Positive Pay, Item Detail Inquiry Service, Lockbox, Lockbox Correspondence, Payment Manager File Validation Tool, Returned Items, SAFE Transmission, Statements and Notices (Client Analysis Statements, Commercial Checking/Savings Account Statements, Deposit Adjustment Notices, Merchant Notices, Multi Currency Account Statements and Stop Notices), Supplier Payments, Transaction Search, Treasury Information Reporting, and WellsTAX®.

INTERNAL BANK USE ONLY
Does the customer have Administration, or is it included in the current request?Yes No CEO® Users Set-up
User Name User ID (if existing)
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User Name User ID (if existing)
Select one or more CEO Products for the user(s) listed above:

ACH Payments1 User ACH Payments1 Administrator ACH Fraud Filter Cards2 Payment Manager Online Other Treasury Management Products not in Administration3 Cash Vault (specify):Deposit Inquiry Change Orders Inquiry Change Orders Supply Order Accounts:

ACH IDs (File ID/Company ID):
1 This only covers giving users access to the high level product in the CEO and the ACH application. Additional approval is required to set up detailed product entitlement within the ACH application. 2 Recognition Card.
3 Autolink, Bill Manager, Document Retrieval, Electronic Document Delivery, Invoice Manager, Payment and Delivery Preferences, Receivables Manager, Retail Lockbox Image Archive, Reverse Positive Pay, Sweep & Fed Funds - Statements & Confirmations, & Wells Fargo Business Online (Single Sign On). 4 Alerts, ARP Register Maintenance, Basic Banking, Canadian Treasury Services, Cash Concentration, Centralized Disbursements, Centralized Disbursements – Clients, Claims Payments, Deposit Maintenance (Smart Decision), Desktop Deposit, E-Box Decisioning, Fed Funds, Image, Image Positive Pay, Item Detail Inquiry Service, Lockbox, Lockbox Correspondence, Payment Manager File Validation Tool, Returned Items, SAFE Transmission, Statements & Notices (Client Analysis Statements, Commercial Checking/Savings Account Statements, Deposit Adjustment Notices, Merchant Notices, Multi Currency Account Statements and Stop Notices), Supplier Payments, Transaction Search, Treasury Information Reporting, & WellsTAX®.

INTERNAL BANK USE ONLY
Does the customer have Administration, or is it included in the current request?Yes No RSA SecurID Token Request Set-up
Please complete the information below to manage RSA SecurID Tokens for Company and Users

RSA SecurID tokens are mailed to Company Administrators. If the Company Administrator's mailing address is different than the address listed above in the Customer Information section, please indicate the correct mailing address below:

Company Administrator
Name Phone Number
Street Address (tokens
cannot be shipped to
post office boxes):

City
State Zip
For new users
• New Token: To order a token for the first time for a user. • Assign Token: To assign a token to a new user from the supply of tokens accumulated in your Company Token Pool.

For users who have a token today (to request changes for existing users):
• Replace Token: To order a replacement token for an existing user if there are no tokens available in the Company Token Pool.
• Assign Token: To assign a token to a new user from the supply of tokens available in your Company Token Pool. • Un-assign Token: To remove a token from a user and return the token to you Company Token Pool for reassignment. Please begin collecting and securely retaining unassigned tokens instead of discarding them. • Delete Token: To delete a token completely. This option will remove the token from a user and your Company Token Pool. Once a token is deleted, it can no longer be reused and should be discarded. Follow your local e-waste disposal regulations to dispose of old tokens.
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TM Product Enrollment
TM-1500 (Rev 08/20/2021)
User Name #1 User ID (for existing CEO® users)
Token Serial #*ACH Payments Admin Yes No
New User New Token Assign Token*
Existing User
(Select one box only)Replace Token Assign Token*Un-Assign Token*Delete Token* CEO® Administration Set-up
Type of Request - Select request type with corresponding start date.

New Change (Make selections only for options that should change)Start Date:

Company Administrator -Complete applicable fields.

Company Administrators automatically gain access to all Administration functions. If selecting Administrator you will need to specify the detailed Administration functionality that should be entitled.

A minimum of two (2) Company Administrators is required for Dual Custody.

Each Administrator will be sent a token (unless one has been assigned already) and will be authorized as an administrator for all or specific company authorized Commercial Electronic Office® (CEO®) portal services.

Company Administrator Name Email Address Token Serial Number (If reassigning existing token)User ID (if existing)
Administrators
You will need to specify the detailed Administration functionality that should be entitled to an Administrator level user.

Administrator #1 Detailed Setup - Complete applicable fields Administrator Name Email Address
Token Serial Number
(If reassigning existing token)User ID (if existing)
User Administration Options
User Maintenance Administrator Maintenance Reset Password If granting User Maintenance or Reset Password what users can the Administrator view and manage? All Users Specific Users
User
List:

If granting User Maintenance what CEO Services can the user administer? All CEO Services Specific CEO Services
CEO Services:
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TM Product Enrollment
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If granting User Maintenance what Accounts can the user administer? All Accounts Specific Accounts
Accounts:

If granting User Maintenance what ACH IDs can the user administer? All ACH IDs Specific ACH IDs
ACH IDs:

WellsOne Commercial Card use only
All Divisions Specific Divisions
List Divisions that can be administered.

Company Administration Options
Manage User Defined Lists
All User List Specific User List:

Specify User List(s) that can be administered.

All Account List Specific Account List:

Specify Account List(s) that can be administered.

Manage Company Dual Custody Settings Manage Account Nicknames Manage ACH Custom Names Access to Administration Reports Manage Tokens
Company Service Options
Manage Company Alerts Settings Manage Company Statement and Notices Settings Manage Company Wires Settings
Custody Option
Single Custody - Non-Standard Security Procedure - Customer has declined to use dual custody, which is part of Bank's standard CEO® Administration procedures. With dual custody, an authenticated second user approves select high-risk activities. Customer has instead elected to use single custody. With single custody Secure Validation is used for ACH Payments, Foreign Exchange, Wires, and Administration activities within CEO Administration. Customer acknowledges the significantly reduced security, and recognizes the risks and losses that may materialize as a result of its decision to use single custody.

Dual Custody - Bank's standard CEO® Administration procedures also include dual custody for select, high-risk activities. With dual custody, an authenticated second user approves these activities. There is no additional charge for dual custody.

Forced Dual Custody - By selecting this option, you agree that Wells Fargo will control the dual custody settings for all products and transactions initiated in the CEO® Administration service. You will not be able to change the dual custody settings in Administration, as these may only be modified by contacting your bank representative.

Customized Forced Dual Custody - By selecting this option, you agree to work with your banker to customize your dual custody preferences and select the Administration transactions that will require dual custody. Once these customizations have been established you will not be able to modify or remove them through the CEO® Administration service, as they may only be changed by contacting your banker. If you enroll in a new CEO® product, it will not automatically be placed in dual custody, unless you contact you bank representative.
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TM Product Enrollment
TM-1500 (Rev 08/20/2021)
Customized Forced Dual Custody Settings - Select the products you would like under dual custody in the CEO® Administration service. Only select products for which your company is enrolled. Additionally, specify the CEO® Administration service functions you would like under dual custody.

Product Custody Settings
ACH Payments (incl. Domestic and International)Forced Dual Custody Single Custody Administration Forced Dual Custody Single Custody
Alerts Forced Dual Custody Single Custody
Basic Banking Forced Dual Custody Single Custody
Canadian Treasury Solutions Forced Dual Custody Single Custody Cash Concentration Forced Dual Custody Single Custody
Centralized Disbursements Forced Dual Custody Single Custody Centralized Disbursements - Clients Forced Dual Custody Single Custody Claims Payments Forced Dual Custody Single Custody
Credit Management Forced Dual Custody Single Custody
Dealer Inventory Finance Forced Dual Custody Single Custody Deposit Maintenance Forced Dual Custody Single Custody
Derivatives Access Forced Dual Custody Single Custody
Desktop Deposit Forced Dual Custody Single Custody
E Box Decisioning Forced Dual Custody Single Custody
Fed Funds Forced Dual Custody Single Custody
Foreign Exchange Forced Dual Custody Single Custody
Fraud Manager:

ACH Fraud Filter Forced Dual Custody Single Custody
ARP Register Maintenance Forced Dual Custody Single Custody Image Positive Pay Forced Dual Custody Single Custody
Image Forced Dual Custody Single Custody
Institutional Investing – Reporting Forced Dual Custody Single Custody Item Detail Inquiry Service Forced Dual Custody Single Custody Lockbox Forced Dual Custody Single Custody
Payment Manager®Forced Dual Custody Single Custody
Returned Items Forced Dual Custody Single Custody
SAFE Transmission Forced Dual Custody Single Custody
Statements and Notices Forced Dual Custody Single Custody Supplier Payments Forced Dual Custody Single Custody
Transaction Search Forced Dual Custody Single Custody
685
Item 19.

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TM Product Enrollment
TM-1500 (Rev 08/20/2021)
Product Custody Settings
Treasury Information Reporting Forced Dual Custody Single Custody Warehouse Lending Finance Forced Dual Custody Single Custody WFED - Wells Fargo Electronic Deposit Forced Dual Custody Single Custody Wells Capital Management Forced Dual Custody Single Custody WellsOne Virtual Card Payments Forced Dual Custody Single Custody WellsTAX Payments Forced Dual Custody Single Custody
WF Business Online Banking Forced Dual Custody Single Custody Wires Forced Dual Custody Single Custody
Administration Settings Custody Settings
Add/Edit User Forced Dual Custody Single Custody
Password Reset Forced Dual Custody Single Custody
Hide Secret Question and Answer Forced Dual Custody Single Custody Wires Limits and Authorizations Forced Dual Custody Single Custody Desktop Deposit Company Preferences Forced Dual Custody Single Custody CEO® Wires Set-up
New Change
Company Authorization - (For existing CEO Wires customers, only complete values in this section if an update is requested. For New requests confirm and update all fields in this section.) Cumulative Funds Transfer Daily Limit
(Default - 0) Duplicate Check No. Of Days (Default - 10)Default Wire Fee Assignment (select one) $
Shared (Default)
Beneficiary
Originator
Value Date Roll Forward File Import
(File Import and Payment Manager Import)Get Rate
Yes No (Default)Yes (Default)No Yes (Default)No
Additional Approver Limits (Optional)
Wires $Book Transfer $Drawdown $
Complete the following regarding Funds Transfer Information for specific payment types – (For new and existing CEO Wires customers, only complete values in this section if an update is requested. For New requests; at least one (1) Wire Type must be selected).

Wire Type Services Allowed Number of Verifiers for Templated Wires (default is 1)
Numbers of Verifiers for
Freeform Wires (default is 1
Wire Transfers (Domestic, Intl
and Federal Tax Payment)
Templated Only
Freeform Only
Templated and Freeform
N/A - No Change N/A - No Change
686
Item 19.

Page 7 of 15 ends

TM Product Enrollment
TM-1500 (Rev 08/20/2021)
Drawdown
Templated Only
Freeform Only
Templated and Freeform
N/A - No Change N/A - No Change
Book Transfer
Templated Only
Freeform Only
Templated and Freeform
N/A - No Change N/A - No Change
Template Maintenance Not Applicable N/A - No Change Not Applicable Account Authorization - Account Services Limits
(For existing CEO Wires customers, only complete values in this section if an update is requested. For New customers at least one (1) account in this section is required).

Account Number Cumulative Daily Limit Associated Application $Wires Drawdowns Book Transfers Template Maintenance
$Wires Drawdowns Book Transfers Template Maintenance
$Wires Drawdowns Book Transfers Template Maintenance
Company Default Settings (Optional User Limits)
For companies choosing to utilize Company Default User Settings (Default User Limits); complete all fields to specify optional default limits for users. Enter User information below and select the Use Company Default Limit checkbox.

Application Type
Individual Create/
Modify/
Delete Limit
Cumulative Daily Create/
Modify/Delete Limit
Individual Approve/Reject
Limit
Cumulative Daily Approve/
Reject Limit
Wire Transfers
Drawdown
Book Transfer
Template
Maintenance -------------------------------------------------------- User #1 Information - Complete all fields
User Name User ID (if CEO user)
User Settings
(For new and existing CEO Wires customers, only complete values in this section if an update is requested. For New customers without Administration; at least one (1) user in this section is required. Note: For customers in dual custody without Administration at least two (2) users are required).

Get Rate File Import
Yes No Yes No
687
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Page 8 of 15 ends

TM Product Enrollment
TM-1500 (Rev 08/20/2021)
Services Type Allowed
Individual
Create/Modify/
Delete Limit
Individual
Approve/Reject
Limit
Cumulative Daily
Approve/Reject
Limit
Additional
Approver Limit*
Cumulative
Create/Modify/
Delete Limit
Wire Transfer
Templated Only
Freeform Only
Templated and Freeform
Book Transfers
Templated Only
Freeform Only
Templated and Freeform
Drawdowns
Templated Only
Freeform Only
Templated and Freeform
User Account Authorizations - Provide account number and funds transfer service authorization type.

Account Number
Wires Create/Modify/Delete Approve/Reject
Book Transfers Create/Modify/Delete Approve/Reject
Drawdowns Create/Modify/Delete Approve/Reject
Template
Maintenance Create/Modify/Delete Approve/Reject
Account Number
Wires Create/Modify/Delete Approve/Reject
Book Transfers Create/Modify/Delete Approve/Reject
Drawdowns Create/Modify/Delete Approve/Reject
Template
Maintenance Create/Modify/Delete Approve/Reject
Voice Wires Set-up
Type of Request:New Update Existing Information Delete Existing Information Account Numbers (list accounts to be debited for each wire transfer) 1)

G/L DDA
2)

G/L DDA
3)

G/L DDA
Advice Information (additional fees apply for these services) For Fax or E-mail notification on intraday wire activity use the InfoFax setup form.

Mail Advice (this paper based service is no longer available to add)Delete Mail Advice Mailing address for PINs (if blank, items will be mailed to address on primary statement mailing address) Mail PINs to:

Authorized Callers (people authorized to initiate wires) $ Limit = Use "N" if unlimited. The limit applies to all functions unless noted otherwise. If no limit is noted we will set the limit as unlimited.

Initiation Type = If no Initiation Type is noted, we will set the individual up for both Repetitive and Non-Repetitive Wire Initiation.

Complete by checking appropriate box: R=Repetitive / B=Both Repetitive and Non-Repetitive.

Authorized Callers
First and Last Name $ Limit Phone Number
including area code Initiation Type
R B
Alternate Account to be Charged for Wire Fees
688
Item 19.

Page 9 of 15 ends

TM Product Enrollment
TM-1500 (Rev 08/20/2021)
List account only if wire fees are to be assessed to this account. (Alternate account to be charged must be an Analyzed account. Not available to Retail customers.)
DDA AU and G/L
Optional Verify Callback Service (does not apply to repetitive wires) Selecting this fee-based service requires a minimum of two persons with wire transfer authority because the initiator of a wire cannot also approve the wire. If the form does not indicate an Authorized Approver other than the initiator, the optional Verify Callback Service cannot be provided.

Authorized Approvers
first and last name $ Limit Phone Number
including area code
Payment Authorization Service
This service is part of, and will be subject to the terms and conditions stated in the Commercial Account Agreement ("Agreement").

This set-up form supersedes any and all prior payment authorization service forms set up on the referenced account numbers.

Termination: The Service(s) may be immediately terminated by you or us at any time with or without cause by giving written notice to the other party.

Type of Request - Select request type. (Refer to the reference guide for complete instructions.) Account-specific Request
Add Payment Authorization Service
features checked below to all existing
Subaccounts listed under the Master
Account –
NOTE: Must attach subaccount list.

Does not apply to Maximum Check
Amount Authorized Payment Service.

Blanket Company Level Approval –
Checking this box covers all future accounts
and/or subaccounts owned by the specified
legal entity. (A separate form must be
completed for each legal entity.)
For Account-specific requests, enter individual account number or Master account number. Does not apply to Blanket Company Level Approval and do not list all Subaccounts.

Maximum Check Amount Authorized Payment Service (not available in conjunction with Positive Pay or Perfect Presentment) SERVICE: Under the Maximum Check Amount Authorized Payment Service (the "Service") we will automatically (without your specific approval) return unpaid (marked "REFER TO MAKER") checks presented to us drawn against your account specified below which exceeds the Maximum Dollar Authorized Payment Amount specified below:

Check one:Add Service Change Amount Delete Service
Maximum Dollar Authorized Payment Amount:

Account Number(s):

Maximum Check Cashing Amount Authorized Payment Service (not available in conjunction with Positive Pay or Perfect Presentment) SERVICE: Under the Maximum Check Cashing Amount Authorized Payment Service (the "Service") we will (without your specific approval) refuse encashment of checks presented to us through our branch/store network drawn against your account specified below which exceed the Maximum Check Cash Amount specified below:

Check one:Add Service Change Amount Delete Service
Maximum Dollar Authorized Payment Amount:

Account Number(s):
689
Item 19.

Page 10 of 15 ends

TM Product Enrollment
TM-1500 (Rev 08/20/2021)
Maximum Over the Counter Amount Authorized Payment Service SERVICE: Under the Maximum Over the Counter Amount Authorized Payment Service (the "Service") we will (without your specific approval) refuse withdrawal requests presented to us through our branch/store network drawn against your account specified below which exceeds the Maximum Over the Counter Withdrawal Amount specified below Check one:Add Service Change Amount Delete Service
Maximum Over the Counter Withdrawal:

Account Number(s):

Checks to Individuals Authorized Payment Service
SERVICE: Under the Checks to Individuals Authorized Payment Service (the "Service") we will (without your specific approval) refuse encashment of checks presented to us through our branch/store network drawn against your account specified below for any item made payable to an individual.

Check one:Add Service Delete Service
Account Number(s):

Customer Legal Entity Information
The enrollment contains ACH, Wire or Sweep services the following Customer Entities:

Customer Legal Entity Name(s)Entity ID Type Entity ID
Select One
Designation of Wells Fargo Stagecoach Sweep® Option
Customer DDA(s)
Statements and/or Confirmations will be sent to Customer by electronic means unless otherwise requested by Customer.

Electronic means include Bank's Commercial Electronic Office®, facsimile and/or Secure E-Mail.

The Wells Fargo Stagecoach Sweep® Service Description can be viewed by pasting this link into an internet browser window:
https://wellsoffice.wellsfargo.com/ceopub/assets/pdf/stgcoach-swp/Stagecoach_Sweep_Service_Description.pdf 690
Item 19.

Page 11 of 15 ends

TM Product Enrollment
TM-1500 (Rev 08/20/2021)
Investment Sweep
Customer elects the Wells Fargo Stagecoach Sweep Preferred Option.

Add Change
Target Balance:

Customer elects the Wells Fargo Stagecoach Sweep Repurchase Agreement Option with secondary Wells Fargo Stagecoach Sweep, Preferred Option.

Add Change
Target Balance:

Customer elects the Wells Fargo Stagecoach Sweep Repurchase Agreement Option.

Add Change
Target Balance:

Customer elects the Wells Fargo Stagecoach Sweep Fed Funds Purchased Agreement Option. (Correspondent Bank Only) Add Change
Target Balance:

Customer elects the Wells Fargo Stagecoach Sweep Fed Funds Sold Agreement Option. (Correspondent Bank Only) Add Change
Target Balance:

Customer elects the Wells Fargo Stagecoach Sweep Fed Funds Purchased and Sold Agreement Option. (Correspondent Bank Only) Add Change
Target Balance:

Money Market Mutual Fund Sweep
Customer elects the Allspring Treasury Plus Money Market Fund - Class A - Fund 453 Option.

Add Change
Target Balance:

Customer elects the Allspring Treasury Plus MMMF- Service Class - Fund 454 Option.

Add Change
Target Balance:

Customer elects the Allspring 100% Treasury Money Market Fund - Service Class - Fund 8 Option. 691
Item 19.

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TM Product Enrollment
TM-1500 (Rev 08/20/2021)
Add Change
Target Balance:

Customer elects the Allspring Government MMMF Admin Class - Fund 947 Option.

Add Change
Target Balance:

Customer elects the Allspring Government MMMF Institutional - Fund 1751 Option.

Add Change
Target Balance:

Customer elects the Allspring Government MMMF Select Class - Fund 3802 Option.

Add Change
Target Balance:

Customer elects the Allspring Treasury Plus MMMF Institutional - Fund 793 Option.

Add Change
Target Balance:

Credit Sweep
Customer elects Bank's Credit Sweep Option.

Add Change
Target Balance:

Obligor # (if applicable):

Loan # (Obligation):

Wire Transfer Services - Security Procedure Elections
For detail on the Security Procedure for an applicable initiation method, refer to the language in the Treasury Management Security Procedures Reference Guide. The Initiation Method(s) and Security Procedure(s) Customer has elected for Wire Transfers are:

Commercial Electronic Office® (CEO®) - Dual Custody
Commercial Electronic Office® (CEO®) - Single Custody
Payment Manager® - Secure Application File Exchange Transmission ("SAFE-T") Payment Manager® - Machine-to-Machine ("M2M")
Payment Manager® - IBM® Connect:Direct® with Secure Plus+ Payment Manager® - Value-Added Network ("VAN")
Payment Manager® - SWIFT® FileAct
692
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TM Product Enrollment
TM-1500 (Rev 08/20/2021)
Wells Fargo Gateway (API)
Voice
Bank's voice initiation security procedure consists of confirming (a) the personal identification number ("PIN") accompanying a Payment Order corresponds with a valid PIN assigned to Customer for voice-initiated Payment Orders and (b) the voice print provided when placing a Payment Order matches the print registered for the PIN holder.

Optional Verify Callback Service. If Bank receives a voice-initiated, non-repetitive Payment Order of $ or more, Bank will make one attempt to telephone an individual authorized to approve wires ("Authorized Approver"), not the initiator, to verify that Payment Order is authorized. A PIN and voice print are required to authenticate each Authorized Approver.

If Bank is unable to (a) contact and authenticate or (b) obtain approval from an Authorized Approver, the wire will not be processed.

SWIFT®
ACH Origination Services - Security Procedure Elections For detail on the Security Procedure for an applicable initiation method, refer to the language in the Treasury Management Security Procedures Reference Guide. The Initiation Method(s) and Security Procedure(s) Customer has elected for ACH are:

Commercial Electronic Office® (CEO®) - Dual Custody
Commercial Electronic Office® (CEO®) - Dual Custody with User Approve Own Entitlements Commercial Electronic Office® (CEO®) - Single Custody
Direct Origination - Secure Application File Exchange Transmission ("SAFE-T") Direct Origination - IBM® Connect:Direct® with Secure Plus+ Direct Origination - SWIFT® FileAct
Wells Fargo Gateway (API)
Payment Manager® - Secure Application File Exchange Transmission ("SAFE-T") Payment Manager® - Machine-to-Machine ("M2M")
Payment Manager® - IBM® Connect:Direct® with Secure Plus+ Payment Manager® - Value-Added Network ("VAN")
Payment Manager® - SWIFT® FileAct
Third Party Service Provider
Third Party Service Provider:

Contact Person:

Telephone:Fax:

RTP Services
For detail on the applicable initiation method, refer to the language in the Treasury Management Security Procedures Reference Guide.

The Initiation Method(s) and Security Procedure(s) Customer has elected for RTP are:

Wells Fargo Gateway (API)
Bill Manager Service
For detail on the applicable initiation method, refer to the language in the Treasury Management Security Procedures Reference Guide. 693
Item 19.

Page 14 of 15 ends

TM Product Enrollment
TM-1500 (Rev 08/20/2021)
The Initiation Method and Security Procedure Customer has elected for Bill Manager is:

Commercial Electronic Office® (CEO®)
E-Bill Express Service
For detail on the applicable initiation method, refer to the language in the Treasury Management Security Procedures Reference Guide.

The Initiation Method and Security Procedure Customer has elected for E-Bill Express is:

Bill File Inbound - SAFE-T
AR File Outbound - SAFE-T
CEO® EDD, Electronic Document Delivery Set-up - For Company and Customer(Biller) ID
Type of Request
Customer (Biller) ID
(must be associated with the
CEO Company ID)
CEO User Name CEO User Id Role (select one)
Add
Change
Delete
View only (default)
View and Authorize
Customer (Biller)
Administrator
Add
Change
Delete
View only (default)
View and Authorize
Customer (Biller)
Administrator
Add
Change
Delete
View only (default)
View and Authorize
Customer (Biller)
Administrator
Add
Change
Delete
View only (default)
View and Authorize
Customer (Biller)
Administrator
Zero Balance Account (ZBA)
Request Type Master Account Child Account Cycle Target Balance Add Change
694
Item 19.

Page 15 of 15 ends

TM Product Enrollment
TM-1500 (Rev 08/20/2021)
International Zero Balance Account (ZBA)
Level 2 Accounts
Request
Type Child Account(s)Currency Transfer
Funds To Sweep Type Target
Balance
Minimum
Balance
Maximum
Balance
Add
Change
Debit*
Credit*
Target
Maximum
*One-way Sweep
Level 3 Accounts
Request
Type Child Account(s)Currency Transfer
Funds To Sweep Type Target
Balance
Minimum
Balance
Maximum
Balance
Add
Change
Debit*
Credit*
Target
Maximum
*One-way Sweep
Customer Approval - (Authorized Signature Required)
Each person who signs this form on Customer's behalf is authorized to do so by resolution, agreement or other legally sufficient action of the governing body of Customer, if Customer is not an individual, or is an Authorized Signer on Customer's account.

Printed Name of Authorized Signer Phone
Signature Date
Voice Wire Only - Submitter Information and Instructions Submitter Name Submitter Phone
Submitter E-mail Submitter Fax
NOTE: If Voice Wire is a component of this form, once the customer approves and signs the form, the Banker/Relationship Manager must approve and sign the form, then fax it to Wire Implementation at 866-922-6202 from a valid Wells Fargo Fax. File copies in your location's record-retention file.
695
Item 19.

Acceptance of Services
(EDOCS#17849129 Rev. 05/26/20)

Page 1 of 2 ends

Acceptance of Services

1. Agreement to be Bound by Service Documentation

By signing this Acceptance of Services ("Agreement"), the customer identified on the signature block ("Customer" or "Company") confirms that it has received and agrees to be bound by the Service Documentation for the Treasury Management Services (each, a "Service"). Customer may also be referred to as "Company" in the Service Documentation. "Service Documentation" is defined in Wells Fargo Bank, N.A.'s ("Bank") Master Agreement for Treasury Management Services. Customer's use of any Service, including each Service Customer enrolls in, confirms Customer's receipt of and agreement to be bound by the Service Documentation relating to that Service.

2. Power and Authority of Signer

Customer has granted the person(s) signing this Agreement the authority on Customer's behalf to (i) enter into this Agreement and other agreements with Bank for Services on or after the Effective Date of this Agreement and (ii) amend, terminate or otherwise act on behalf of Customer with respect to this Agreement and the Services.

3. Security Procedures

Unless otherwise agreed, Customer agrees that "Security Procedure" is the applicable security procedure described in the Service Documentation for Customer's Initiation Method for the Service, which Bank will use to verify the authenticity of a Transaction.

The term "Initiation Method" refers to the method Bank offers in the product enrollment form ("Set-up Form") or other Service Documentation for delivering Customer's Transaction instructions to Bank with respect to the applicable Service and includes any applicable transmission protocols. The term "Transaction" means (i) any funds transfer or payment instruction (including any communication cancelling or amending an instruction), and (ii) any instruction, data or other information which Bank receives in Customer's name with respect to a funds transfer.

The purpose of the Security Procedure is to verify the authenticity of the Transaction.

Bank will not use the Security Procedure to detect an erroneous or duplicate transaction. Customer will be responsible for any erroneous or duplicate transaction Bank receives in Customer's name. Customer agrees to be bound by each Transaction, whether or not authorized by Customer, issued in Customer's name and accepted by Bank in compliance with the Security Procedure for the Service. 696
Item 19.

Page 2 of 2 ends

4. Commercially Reasonable

Customer acknowledges that it has had an opportunity to review the Security Procedures offered by Bank in the Security Procedure Reference Guide, available on our Commercial Electronic Office portal. Customer agrees that each Security Procedure for the Initiation Method Customer has elected in the Set-up Form or other Service Documentation for each of its Services (a) best meets Customer's requirements with regard to the size, type and frequency of its Transactions, and (b) is commercially reasonable.

If Customer has refused to use a standard Security Procedure and elects a non- standard Security Procedure, then Customer expressly agrees that the non-standard Security Procedure(s) Customer has elected better meets Customer's requirements than any standard Security Procedure with regard to the size, type and frequency of Transactions issued by Customer to Bank and is commercially reasonable.

5. Confidentiality of Security Procedure and Authentication devices/passwords

Customer and Bank will preserve the confidentiality of the Security Procedure(s) and any passwords, codes, security devices and related instructions provided by Bank. If one party becomes aware of a breach, or suspects that a breach may occur, it will promptly notify the other party. Customer will maintain effective internal procedures to safeguard against any unauthorized Transaction and warrants that no individual will be allowed to initiate a Transaction without proper supervision and safeguards.

Customer Name(s)
Printed Name of Authorized Representative
Signature
Date
697
Item 19.

Revised March 2022
Master Agreement for
Treasury Management Services
The Service Documentation contains the terms under which Wells Fargo Bank, N.A. and the banks, branches or subsidiaries listed in Appendix X (collectively, "Bank") provide you treasury management services (each a "Service"). "You," "your" or "yours" refer to the Bank customer identified on the Acceptance of Services that is signed when you enroll in a Service ("Acceptance"). The terms "we," "us," or "our" refer to the Bank. Other capitalized terms used in this Master Agreement for Treasury Management Services ("Agreement") are defined in this document.

You and we agree:

1. Service documentation. The Service Documentation contains the terms governing each Service and includes:
a.The Service Description (which contains terms and conditions applicable to the specific Service), b.The Acceptance (which indicates your acceptance of the Service Documentation), c.This Agreement (which contains terms and conditions applicable to all Services), d.The account agreement governing the account(s) (each, an "Account") you use in connection with the Service, e.The Product Enrollment Form (which contains set-up information for each Service in which you are enrolling), and f.User Guides (which include Terms of Use, software, software licenses, price schedules, specifications, instructions, and notices).

The documents and individual provisions of the Service Documentation are intended to be read together as one agreement between you and us. This Agreement and the Service Descriptions for Services you enroll in are posted at our Commercial Electronic Office® (CEO®) portal. If there is a conflict among the documents that are part of the Service Documentation, they will govern in the order listed above. Your use of a Service confirms your receipt of, and agreement to be bound by, this Agreement and all Service Documentation.

2. Services. You and we will agree upon the Services to be provided and the start date for each Service. Each Service is subject to the approval by our applicable branch or subsidiary. We will notify you when you have completed all requirements for enrolling in the Service and the Service is ready for you to use.

3. Changes to services. We may change (or add to) the terms and fees in the Service Documentation at any time. If a change to a Service requires a change to the Service Documentation, we will post the document(s) with the change on the CEO portal. When required by Applicable Law, we will notify you of the change. If you continue to use a Service after a change takes effect, you will be bound by the change. As used in this Agreement, the term "Applicable Law" means all applicable laws (including common or customary laws), statutes, constitutions, policies, decrees, judgments, treaties, regulations, directives, by-laws, rulings, orders or operating circulars governing our activities and/ or any Transaction (see section 6-a) governed by this Agreement, including, but not limited to, the funds transfer system and clearing and settlement house rules.

4. Term and termination. Unless a Service is terminated in accordance with the Service Documentation, this Agreement and each Service will continue in effect until terminated by either party upon 30 days' prior written notice to the other party. When a Service is terminated for any reason, the Service Documentation governing the terminated Service is also terminated.

We may suspend or terminate any Service:
698
Item 19.

Page 2 ends

a.After we notify you of a breach of any provision of the Service Documentation or any other agreement with us, and you fail to cure the breach (if it can be cured) within 15 days of the date of the notice; or b.Without prior notice to you if:
i.We reasonably suspect that an Account associated with a Service has been compromised or otherwise subject to irregular, unauthorized, fraudulent, or illegal activity, ii.You become subject to any insolvency or bankruptcy proceeding, or any receivership, liquidation, reorganization, or other similar proceeding, or you enter into any agreement or proceeding for voluntary liquidation, dissolution, composition with or assignment for the benefit of creditors or other winding up, iii.We determine in our sole discretion that continuing to provide a Service may place us at risk of financial loss or result in an unacceptable credit exposure,
iv.Any guaranty of your obligations to us ("Guaranty") is terminated, revoked, or its validity contested by the guarantor ("Guarantor"),
v.We determine in our sole discretion that a material adverse change has occurred in your ability to perform your obligations under the Service Documentation, or in the ability of a Guarantor to perform its obligations under a Guaranty, or
vi.The Account necessary to provide a Service is closed.

The termination of a Service will not affect your or our respective rights and obligations with respect to the Service(s) provided before the termination including without limitation Transactions. We will not be liable to you for any losses or damages you may incur as a result of any termination of any Service or termination or restriction of any CEO portal access rights under section 9(d) below.

5. Service fees. You will pay us the fees described in the Service Documentation and any taxes applicable to each Service, however designated, but excluding taxes based on our net income. We may debit your Account for any fees not covered by earnings credits and any taxes that are due, or we may send you an invoice for these amounts, which you will promptly pay. Our charges and fees are in the applicable fee schedule for Services used in connection with your Account.

6. Security procedures.
a.Unless otherwise agreed, you agree that "Security Procedure" is the applicable security procedure described in the Service Documentation for your Initiation Method for the Service, which we will use to verify the authenticity of a Transaction. The term "Initiation Method" refers to the method we offer in the product enrollment form ("Set-up Form") or other Service Documentation for delivering your Transaction instructions to us with respect to the applicable Service and includes any applicable transmission protocols. The term "Transaction" means (i) any funds transfer, payment order, or payment instruction (including any communication cancelling or amending an instruction), and (ii) any instruction, data or other information which we receive in your name with respect to a funds transfer. The purpose of the Security Procedure is to verify the authenticity of the Transaction. We will not use the Security Procedure to detect an erroneous or duplicate transaction. You will be responsible for any erroneous or duplicate transaction we receive in your name. You agree to be bound by each Transaction, whether or not authorized by you, issued in your name and accepted by us in compliance with the Security Procedure for the Service.
b.You agree that each Security Procedure for the Initiation Method in the Set-up Form or other Service Documentation for each of the Services (a) best meets your requirements with regard to the size, type and frequency of your Transactions, and (b) is commercially reasonable.

7.Confidential information. Unless otherwise stated in the Service Documentation, "Confidential Information" means all (a) User Guides and Terms of Use, and (b) Security Procedures, passwords, codes, security devices and related instructions. You will not acquire any ownership interest in or rights to Confidential Information as a result of your use of any Service.

You will:
a.Maintain the confidentiality of the Confidential Information, 699
Item 19.

Page 3 ends

Beaumont City CouncilAugust 2, 2022

Beaumont City Council
August 2, 2022