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HomeMy WebLinkAboutBridgehampton National Bank RESOLUTION 2008-127 ADOPTED DOC ill: 3543 THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION NO. 2008-127 WAS ADOPTED AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD ON JANUARY 29, 2008: RESOLVED that the Town Board of the Town of Southold hereby authorizes and directs Suuervisor Scott A. Russell to execute a Merchant Services al!reement with Bridl!ehamuton National Bank in connection with credit card processing, all in accordance with the approval of the Town Attorney, E.iJ~!...,aQ1l't~.I... Elizabeth A. Neville Southold Town Clerk RESULT: ADOPTED [UNANIMOUS] MOVER: Thomas H Wickham, Councilman SECONDER: Louisa p, Evans, Justice A YES: Ruland, Orlando, Krupski Jr., Wickham, Evans ABSENT: Scott Russell 03/24/2008 22:08 FAX ORIGINAL I~oooz/onto This AGREEMENT tr made this ZSa day of March 2008 . betwern the Town of Southold . (hereineNm referted m as MERCHANT) and Ttm Bridgdmmplon National Bank (hereinafter referred m as BNB). . Bs[karound Bridgchmnpmn National Back and ifs processor Paymmtech Netwdk Services, Im ("PaymeNah'~ are engaged fi the bnhmss of prnceasing ana trmamitting elearanic data of a fmmciel, burking or ccanomic namte, including but not Ihnited m Card iraosuAOm. BNB is a member of Visa U.S.A., hm. ("Visa ~ and MwkrCud Inlerauiond, Inc. ("MasterCard'; collectively Association. BNB cod Paymentech registered with Visa and MaterCard m proWde certain eervlcea m yet fi connectim wiN yon Card ueusection, fi this Agreement. the wmds'ym" and your' meen the Merchmt utd the words'~m". "our' and "us", ttoloss elm emtext clearly requires aNerwlse, refer collectively m BNB and Paymenmdr. We and yet ogee that we (dvectly or ihmtrgh shwa providing services m our behalf) will be the urk providers of all services necessary m mNoriu, process and settle ell of yon Visa urd MnterCud 6aosactions soil all services specifud herein for mY other Cards being accepted by you under Nis Ageemeal 1. Accepboce of Csrda You must honor arty valid and appUcabk Visa and MasterCard Cud prgxdy tendered for use, wltlmd imposing my apocial condition not required by Association Riles. fi this Agreement, "Card" meets a reedit m oB=line debit Card beuing the service mark of Visa m MmterCard and a Card issued by my of the other Card issuers specified herefi w being covered by this Agrameot. You mat submit eaY Visa, MasterCard and othw Card tranadkn drafts and records m n ao later Wan 5 cekndu days m 3 bmldng days (vdtichover is euliu) eftu you complete Card transaction (uoleu you era entitlod m any specid exkoaion ofthese deadlines). However, if you wets m qualify fm a lower incentive ram, you must submit yon Visa and MasterCard trensaaima fi Ne specific time frames specified fi Uu Schedule of Ghugw. For ell Card tranaction submitted m us: (a) the trunectien mnl r~eaem obligation of the Person m wham the Cudhes ban issued and/or the authorised user (the "Cardholder's fm the amomn fi the transaction pncludiog tax. but without my smchuge) and only for merchandix acluslty mid d reined or servitxa aelu.gy rendered by you except fm ury dekyed delivery or advurce depwit auNorized by Ataodatim Rules and this Agreemer arse must not involve soy element of credit for arty other Purpose, (b) the trurrection must represent a beta Bde addrenW of ncerchurdise and/or services rot provlonly submitted and may not reprwatt a rofinertcing of my' prim obligation. (c) the prig charged fm the transedim mint not be subject k my dispute, setoff or counkrciahq and (d) you mat have m Imowledge or notice of my tent, chcumstmces or defense which would indicam that the fronactim wn fraudulent m not mtlhmixod by the Cardholder or which would otimrwise impa'v the validity or aUectibility of the Cudholder's obligaim or relieve the Cardholder from IiabUity for the trmeuxim. 2. Association Rula: Maaualstlntrucfion. We mry suppty you wiN various manuals and fistrucUmn mgQding ohugebacloc, temtinal processing soil other operuinnel compUutce matters (the Mmtndsdnsimdions), and may from time m t®e othcrwire ndviae yet of regtriremmn imposed by Ute Association Ruka by providing you with rolevent portion m st[mmuizatirns tlter'enf of the rubs, regulation, releases, irdwpretmiona end altrr requirements of Vise, MnlerCerd and any other Issuers oeCards you inmnd m accept m specified fi Ws Agreement. You agree m follow the procedures is the Mmursls/hutructions fi cmnection wiNe~ch Cud~trenaadion and m comply with ury such requiremenb of the Association Ruiw. 3.Other Card Types. Om sole responsibility for traasenlime involving Cud types issued by Amdiwt Express, Dfiws (]trb/Carm Blamhe and 3CB (each a "Cud Issuer will be m provide autimrisation and irananisaion of um Card trensarnion b the eppUabk Card Issuer on your behalf. ~ All other wpects of processing such Card transaction is govormd by yon Agreement with the rwpoctive Card [suer including but not IimitrA m aettiunenl offends urd my disputes. If yet ere required to have a valid Issuer AgameM fi effect with a Card kauer in ordrx m mbmit Cord trensedims k us fm euthmvation, you must have ouch m Agrcement in effect You mwtnotity n immediately upon mrmination of erry milt Agreement. 4. Settlemrnt of Card Traaaacfiona A bnioesa checking semen for Na purpose of funding Card tranurtion must be maintained ffi BNB. All crodits m the benk account(s) you designate fm n m debh urd credit for Card tranacttons and related amomb (elm "Settlemrnt Aeedmrs ae wall n ury dher paymrnn m you, aro pravisiond urd are subject m our find mdit and chalong We may debit m credit yam SetUemrnl Account far enY delicirncies urd overages or may deduct such emomts from settlement funds due m you. To the etdutt the Automated Ckuing Hour (ACH):enlereent process is mad by us m effect debits or omits m yon Settlement Aaomt, you hereby ogee k be bound by the terms of the opdetlog rules of tlu National Automated peeing House Associating as in effect from time m time. You hereby mNoriu n m initiate credit and debit entries and adjwtrnrntt m your accomt through tlm ACH settlement precess and/or tltrough direct trmsadiona to sow Settlement Mcount for emomn due m or from you order this Agreement and undo my Agreernmts with w a our affiliates for ury releh:d equipment arrd rotated services (including ury check guarmlee or check verifiatien services), n well m for arty credit rntries in ertor. Ym hereby urtitorim w m elfed aV such bin soil credits m yon acmtmt This authority will remain in full krce and effect until ell monies due from you under this Agramem end undo arty Agaemertb with us or our affiliafee fm urY rattled equipmrnt or related services (ficluding ens check grarurta or click veritiwtton services) have been paid in full. This Agramem is a contrail whereby we aro eAUtdiag fuumcid eoconunodation m you within the meeting of Section 365 (c) of the Banlwptery Code. We ere net liable fm ury delays in roce;pt of funds or sums fi debit and credit entries raved by uneQlieled Nird patties including bet rot limikd m tim Asaocietions, a cleuin~gttouse or your futencial institution. 5. Fees; Adjuatmenb; Colkdioa of Amounts Due From You. Our fees and other charges m you for the services and any supplies we provide will be calculated pursuent m this Agreomrnl and my subsequem amendment m this Agroemem. We will chmge yes a fan for the services m be provided by n k yrou uudu this Agreement which fee shall be celculetod daily erect ehargod moutWy. The discount lees shown fterein shill be calculated based en elm grins annum of all Vise urd MnlarCard trunection submited m n. The Res with raped m otlmr Cerd transactioru shall lx percrntage of the gross amotmt of, or a per tmrmec[im fee for dl such Cud Transaction, If yon trensactims fail k qualify fm arty reduced imercbenge fxc used m dektmin Ne fees shown hmein w my cubaequmt amertdmenl, wa will process such trcnadions a<elm appUuble imerchert~ fees sd by the applicable Association; we may djtut our Res m reflect the higher fimtchange charges pin our services m heuNo such adjustrttenn; and you shall pry ue elm oorresprnding adjuatruenla fi our Res. Also, if your average ticket eizo aodlor metalled Bankcard vdume falia bcbw the Ekpected Amual Cud Sales on the Merrdmm Applkafian for my six (~ monN period. we may adjust our Res as we dam appropriate, and you will pay w the conespoadfig arljustrnrnn. Ptnsumt m Sadimt 17, we may amend the few sail charges for services and supplies provided under Nis Agamrnt. We also may require you m pay n ury extra or spceiel charges imposed by third parties. Plus our handling chugs if ury traosadione processed or initiated herourinm ue charged bmk, revorsed m rejected (including chergebeck fns, fine and ACH ttjed fns) and we may require you k pay hurdling few for mY supplies we provide. We may requ've you m pay mY applicable excessive rdurgebadt handling foes or fine imposed by Um ~plicabk Assocliffidim due m yon excessive rLargebadc vdurrm and my oNer sew or fetes impwed by the applicable Associaien for your acts or omissions. Page 1 of 9 03/29,/2008 22:08 FAX f~joooa/onto Atom option, we may deduct any clargebecka, adjushnenU, fees. charges, obligations sad otter amou¢b you Dora w pursuant to any provisions of this Ageement from arty settlement due to you, or we may debit your Sculemem Account far any such amounts You owe w, m we may invoice You. is which ease you mw[ pay w for the invoiced amounts witliln thirty (30) days of the date of om Invoice or ouch abater time as mry 6e specified. Fxcept for amanita we okd to Dolled by invoice, tf there ate instrffidem funds available m m withheld m debited to pay wsourrb yea owe, you aver inursediatety reimburse w upon demand. You aulim[iza w m debit yom SeWement Accou¢; m any Daley accowt we arc oUserwiee arsWoriud m debik for wY amamb due ptrnuam m this Agrcemem or rive m w a any otom affiliates for any relatW services. I[you believe that arty ttdjustmene should be made b yom Seltkmont Account based on debits or reedits we have mark to Ytnu SeUkmem Accmmt yes aver rustify ¢' in writing within sixty (60) days after the debit or aedit i¢ gsrestias wn mark. Ityou fail m notify w within such time period. we will rat be respowibk for invealigding m effecting any required adjwlments, abaont a¢ gyms negligence or willful miawadrrcl. ff You notify w efts[ such time perio4 we may, in our discretion, assist you h investigating wbo0rer any adjwtrw¢Is era apPropriato and whether aaY errsourw are duo to m from other Parties, bet we will nd 6ave any ]iabgity W effect arty such adjwtments absent our gross negligernce m willful misconduct Any vdmhry effMs by w to assist you in i¢vestigati¢g such mazOers will not aeaze any obligatim m continue such irrvesligation m assist with any investlgaUott in response to any ~~ nmsces of possible adjustments Uun are nd timely submimd. 6. Chargehack liighh. We may charge beck m you mry transaction amount (commonly referred to w a "dtargoback'~ for the remove stated and withi¢ tlx time formes pemtitled by Association Rub in etTed Som time m time or in aocordanoe with applicable law. to addition, you moat reimburse w for arty chargebacW m other losses resulting from your fa0rrrc to produce n transaction record requested 6y w within the Limo IimiU established by Association Ruks. We mry, but will not be obligated lo, provide you wiW copies or summazies of Association Rules relating to churgebacl® from lima k time. 7. Coafidentlility. You aver we the names, addresses end Cazd recount numbers of Cardholders only vt cen¢ectioa with your rights and resPowibilities wrier this Agreement and aver not use, acO m dissensinak a Iiat of Cardholders W ®Y third petty without our prim writhat wwem You must limp access m, and must render unreadable prior m dienrdi¢g, all recerrLs conlakieg Cudholder eoount numbers and Card imprints. 8. AdverUaiog. You aver display Visa, MasterCard and any oOxr epplicebk Card laauer decals and progrmn marks w prutnotiasd mderids we famish n required by Association Rules. You mwt not indiwk that Visa, MasferCazd m any ether AsarwieOm endorse yrnu goods and services and mwt nor continue using such materials eOer termination of this Agreement. 9. Aasigtsmwt This Agrcemem is biding apes suceeseaa a¢d aasigaa and inures b the bemfit of the partloa oral Uteir respective permitted swceaeora and easigw. You may not assign m transfer this Agrcetnenk by operaOon of law m atxrwise, wiWast an prim written eoreseot No assignee for Ore berofU of aaditors, cusktdien receiver, trustce in baolwplcy, debtor in pwaession, sheri@'or arty eUmr offiar of a court, re otlrer person dtarged with Ialdng wetody of yom asseh of bwiness, will have any right t and om ri end to continue, asasmte ~ assign this Agtaunent We may substrate ®other Visa ®d MasterCard Pr¢ecasor and we may assign ce transfer this Agra®en ghra obligeliow ands Otis Agrcemem and we may drlegah om duties smdu this Agreement, h whok or in part, m arty Wfrd party or parties witlwm obtaining your consent 10. Terror; Default; EacrowBecurity ArxouaL This Agreement is binding upm its execution by w and wID continuo h force for rtes Initial Term of three (3) years and shall continue in force Woreefla writ tortninated by You or w giving written rsolice m the other pazty or perms sot kss Oran thirty (30) days prior to the designated terminmion risk. NotwiOsgarrdirig We foregoing, we may terminate Orin Agreement al arty lime upon 30 days written notice W you. We may terminate leas then thirty (30)days as provided balmy. (a) If any of Ota following everm (each a "Defeulf7 occrns, we may terminate Wis Agreemem jmmediately without notice and exercise dl otom other rights and remedies wrier this Ageerrsent and epplica6le law; (i) a material adverse change in Your bwinesa, fmmcid mnditiak busicess procedures, products m services, a sale of W or a substantial portion of yom msels, or a charge in wtNd of yen bwinriss (directly or indirectly): (ii) irregular Card salsa, excessive chazgebecks m ary otlxr circmosta¢ces which, in om disceton, may increase om potential exposure far Your dtazgebado or atberwsee prcamt a fi¢ancial m soaoity risk to us; m (iu) a detach by you h any material rasped in the perfmmmce m observance of airy teat, oovmtmk ca¢ditron or egreemem in this Agrcemeot or in soy other agreement with w m any ofow affiliates (including, but sot 8tniled to, any agrownent govertring dtodc guarantce m check verificNion services): m (iv) you file a volwhry parities m comp8am seeking relief wrier arty federal or state Bardrtuptcy m other debt relief statute, an invdunWy petition under any federel ru stem bankruptcy or other debt relief sfmute h Uled against yak You gersers8y become unable to pay ywr debb rr trade obligations as tluy becr>mo due, m you make a geacral waiArvsents fm the 6e¢efil of creditors. (v) yom eccoum has a lack of fords available for ftes, chazgebackv, adjwanents cad arnotmis dm m BNB. (b) If, during enY sac (6) month period (Ore "Measuremem Paiod") Ore aveta~ size or Use total amaud ofyom bankrard trensectiow is more Otm 20Y.lower Utah the expected annual Card Sales stated on page are of Use Merclrsol Apphcetion for ()your average bankeard trawaclion sic m (h) ono-half of your annual Ba¢kcazd volume, Wen wa may terminate this pgreemem by [PVhB Yes m least nvrety (90) data advatsce rsoUce; any suds nmice must m sort m you wiWin Wirty (30) dugs after Use end of Ute applicable Meestrre:men[Period. (c) The provisiow of this Agreement that govern processing of Card sales and aedit and setllemmt will wntinue m apply even after ~ A(Qcemart Ea kmrinete4 rmtil all Card trawectimss ere sealed m resNved. Upw termioazioq W amowts payable m w witl be due arW payable h full wihout demand w other notice of arty kind (all of which you egra b expressly waive) ®d yes must immerOetely sand w all Ore doh relating b Card sales and aedits made up to Use date ofterminaUon We will not be liable to yet tm ®y direct or oonsegssenWd damages You may suffer as a resole of the temsinalion of Ibis Agreemem (d) After soy rerrrshtmion of this Agteeaseak Yes wig conlmue to bear tohl respwsbility for any end all dtargebaclrs ®d adjwlmenta resWtiag from trewectiow processed under this Agreement For a Period of 280 days after temsmetioq we may regaire you m meimain an escrow account with w m m amoud equal to tm preceding 270 days of your dargebadr and nhustment dollaz volume (or if thin Agemnem hss been in effect less. than 270 days, w sanest e9ue1 m 9 times your avere~ monthly chargeback and adjwiment dollaz volume during the term of this Agreemrnl) m such other smear Osat we deem oecossary and suffdem to cover our Potential drargebadc a¢ adjustment liebdity. m addition, we may eshblish an wanes auomn m We amount spwified io Ose preceding sentence frmn any ids otherwise due to you. Bscrowed Utnds may be wed to seta dsargebada and adjwlments (whether azishsg before, on m after termination) whertever settlement funds rite m you are insufficient to cover such chergebacb and adjwbmems. We wiU refund any monies remairrks6 m such esa'ow rcoum no later Wan 280 days aUer termination of this pgreensenk and will provide yes wild art eceowtiag of arty sums debited m'crcdited form m m suds arxbwt ffthe escrow account is art sufficiemm cover your chazgebacks an adjwtmea; or if the escrowed fords love been rckeae4 Ya °~ a Promptly Pay w such awn upon request (e) In lieu of exercising (bet nor as awaiver ot) om right to immedieroty terminate Wie Agresinent wsUmm notice m the evem of a DdaWt we may in au sole discretion. exercise all of our rights and remedies under appliceble.law, end we mry also: () requhe you te estabinh w meow account with w equal m the same amount es sd forth in Section 10(e) mdlor (ii) change processing m Payment temss m swpend fm a penal of thirty (30) days peytaent of any artd all amowts rmiv due m te become due m you pmsuam to Wis Agreement The requtrmnenl to meinmin an escrow account will not limit my right m debit m withhold ongoing seUlemem paymorils for chargabacks, potential chargebacks end adjwtmeata. (~ Jn th evem you fail b establish m mainhi¢ any required escrow/security eceou¢k we mry immediately tminirrsfe Wia Agreement end mry exercise coy other rights we have order this Agreement. Page 2 of 9 03/24/2008 22:09 FAX X0004/0010 11. Security Interest and Setvlf Aighte. You irtevorably groat to w n lien against roil security interest in airy funds pettaioivg m the ttawectiou contemplated by Poia Agreement Haw in ow ptnscssion w tlru may ware into our possession, whether due or b become due to you, together with the proceeds thereof Any such funds maybe commingled with other lbnds roil nerd nil be mearmicedm a seperffie aceoum. m edditimr m my rights gmkd utukr applidrk law and not by way of limitation of such rights. you auPoorire us at any timc and from time m time without noise m demmd (ury such nmisx and demand being expressly waived) m set off, to eppropriue roil in aPP1Y snY and all such funds against roil m acemmt ofyow obllgdiou undathis Agreement and arty odrer Agreernent with w w any ofow effdiffies fo[ my related smices, wbetha such obligations are liquidffied, mliquidffied, fixed, contingent, matured w urrmuured You ogee m execute and dchva W w such instruments roil documents we may reuonebly request m perfect roil confittn [ha lien, seaaity interest and right of seto8'su Earth in this Agrcement 12. Financial and Other Ia[ormetloo. You roil your mdersigned official shell provide w upon request fmmciu slfficmeob end other infmmffiim ebom your bwinus soil principle ownu(s) soil oBicer(s) and yaw compliance wiPo the kmis of this Ageanerrt You roil yam rmdersigred o1$dffi(s) and any Gttarentor(s) atrthorize w m obtain from third parties roil nadir informffiion about you, yaw utxkrsigred aBtcial(s) and eery Gtmmrtor(s) respcetlvely, in connection with ow ddenninffiion whether m accept this Agreement roil ow continuing evaluatlm of th finmciu roil cradle status of you, yaw undersigned oRrcid(s) ertd mY Guatmtor(s). Upon rogrunl, you will provide to us w ow represetMtives reasonable access m yaw facilities end reoods Poe the purpose of performing any inPtttlon amUw copying of your books md/w records we deem appropriate. You will provide w wiPo written notice of yaw intent m liquidate, sulntmtlally change the basic nebuc of yam bwiness, trmsfer w sell mY substantiu per[ (25% m mwe) ofyow intro users, or chmge the cmarol or ownership of yaw bwirreu w of my other entity that controk your bwincss, tltirty (30) days prior b sail[ liquidation, chmge, trmsfa w sale taking Place. You will also notify us of mryltrdgermnt, writ, watmm of aaadrm®C execution w levy against mY substantial Pmt (valued at 25% or mwe) of yaw mint uaets not Iuer thin 3 days after you obtain knowledge of airy suchjudgemenl, writ. wement of attachment execwim m levy. 17. Tndemnificatioa; Personal Guarantee. You agree to indemnity and hdd w harmless from roil against all losses, tiabtlitiu, damages mtl expense (including attmney'a roil cdlectim fees end expenses) resuting from mY breech of any coveoent m Agcemern w my misrePmrcntulon 6Y You roil miler this Agreemen4 m arising ow of yaw or your corployeu' Boss negligence w willful misconduct in connection with yaw Card framedians, w otherwise arising from your provision of goods roil serviced to Cardholders. The individual who signs this Ageement u a Gueteninr aclmowkdges that he w she will benefit fiom ilea services and financial accommodeGm we provide m yaw bwkcas. in order m induce w to enter lain this Agrcemerrl, my iodividuffi aigting u s Guarardor hcrebY PM~Y guarmtces the obligation (including all payment and indemnity obliguimB) comained in this Ageament roil my other Ageenrem with w w mY of ma a6diaks fw my [elated equipment w rekted acrvicea (mdudin6 an)' check gtrarmke w check verifreffiion service). If We[e is more thin one Guaraninr, each sudr Guarmtw will be jointly and severely liable. We may proceed against my l3uaramor with or withomjoinkg you err n Cardholder roil without fast m conkmporarremuly proceeding against m scelung m collect from any oPoer such pars°°s' We ogee m indemnify acrd hold you harmless from roil egaiut all lossu, Gabilitles, dmrages and expenses (including reuonable attomeYS' feu roil expenses) tesmting from my breech of my covevmt or Ageement w arty misrepresentadm by w tinder This Ageemem or arising out of ow w our employees' gas negligence w willful misconduct in connection with this Ageement 14. Performance of Datlu. Na party wal be liable fw its feilttrc m peRotm miler the Agreement if such failure arise our at curses beyond the canted and wilhaut the Cault of negligence of such party. Such caves may include but ere not limited to Ads of God, tires, wars, rids, strikes, acts, otnissims ce delays by m Association w other unafl'ilided peAies or acts of civil m military autlrwities. 15. Governing Law; Mbeellsaeons This Agcemenl ie grvemed by and wig be txmaWed in aawrdmce with the laws of the Stale otNew York, ucept Poffi 9ectien 16 shall be govettred by the Pederel ArbitraROn Ad. )tiny pM of Pois Agcement is not eminceable, the remaining pmvisimts will remain valid end entorcee6le. Tn perfoming its obligations order this Agreemetd, each party ogees m cmnPly with ffiI laws and reguffiions applicable m it 16. Dispute Reeolatlon and Arbitratlon. !f th parties disegce u m arty.matter grvancd by Chia Agreement. the parties shall promptly consult with one another in m effort m resolve the disegrement Bsudt effort is tmsuceusfui, eery controversy err claim arising out of a relating b this Agreemem, w the breech thereof, shall be settled 6y arbitrffiion in accordance with the Commercial Afiitratkn RWes of Poe American Arbitration Aseocietioq mdjudgement upm the award rendered by tbe arbitramr(s) maybe emend in my court hevingjurisdiction lbereoE Tire arbitlamr(s) shall have the right b render equitable, n well u other, awards roil relief. the partiu ogee that Poe mderlyivg Agreement hetsvaen the pmtlu involves interstue commerce, roil Pon, ootwitbstending my choice of law provision in Section IS of thls Agreemem, my arbitration heremda shall be governed by the Federal Arbitraion Act. 17. Amendmenb. We inaY chmge this Agreement, the Mamrak/Wtructlon, anther operating Drceedwu by giving You ffi least fifteen (15) Jays edvmce notice. However, in the event of changes in the Aasadadm Rules w due m eeauity w risk control reasoner, cerain chmgu pray became effective m shMa notice. Any Card sale made by You after the effective dale of such change will cenlihne omsent to the new terms. If mY auvb vhmgea will materially adversely impact yaw 6winasa, you may advise w in writing u [o the reesarrs thaefote and terrnirratc this pgeement upon thhty (30) days wrten notice b w. You roil we egae Poffi Yau may not laminate this Ageement for the sole reason m obtain a bettor race mlcss yaw run wu inacuvd pursuant to Section 10(c) of dun Agrvernent 1g. Notlcea. All Holies heremda (mless invdvinB norrrtu operuionffi matlers, including requirenrems [m various incentive pragams) must be in writing, roil shill be doomed given (a) if aeu by mail. en ibe third busincas day after being mailed by fuuclau mail u stated in the Agreernent or (b) if seer[ by coruia, when delivered, in ei0ra case, if m you w Poe address appearing in this Agreement m BNB. Attention: Merchant Se4s Manager, or m auc6 albs eddreu u we w you may haver spcePoed is e written notice m the other. 19. Certain Righh of Viea, MasterCard and Issuers of Other Cards The patties acknowledge that the Visa and MasterCard Association Ruas give Visa and MuterCerd certain righLS m invesUgue you and m requite ktmkffiion w modifirslion of this Ageemeu with reaped m transutkns invoking Visa roil MateCard Cards roil Poe Visa and MasterCud systems. The erotica also eclnwwledge thffi Issrxrs of otlra Cards specified huein may have similar tights coda their applicable Associaion Rule wiPo respell m llris AgeemarCs epplicebility to trenectiou involving ouch oPoa Cards. 20. Entlre Agreement, Elo Thie Madrant Credit Card Processing Agcemem witlt the Aseociffiim Rulu and my Mmualslmstructiom constitute th emirs agreement between the panic with reaped m the subject matter, supersede mY Pry Agreements cod understanding end ncePt u provided in the Agreement, em be chmgA m1Y by a writers pgeement Page 3 of 9 03/24/2008 22:09 FAX I~j0005/0010 21. Ear1Y Caace9edon. An early cartce0aNon tee oCS500.00 will be imposed for tech year or fnctien thereof rites is na CWfilled by Muclunc The early cancellation fee w016e payable m Bridgehampton National Beak upon kmdnRiat if Merchmt fails m eomplek the tbne (3) Ywr term due m migration k another cradle card prowsor for any mason whauoever. 3C7~DU1~ OF FE&S Disconnt .Discount Rate S Par AnthorizaUon Fee Quaa6catloo Dweriptlou Role Tier Dweri flan Single Authorizetimt required; full - magnetic stripe nod during Quelled • Credit Cards Itderchange Plat .20Y° Itrkroltettge Plus 5.15 euthorizatioa; all data paved: settled QueliBed Debit Cards witlria 2 days of approved trmnacGon data. Audwrization Required; all data Mid Qudif~cd- Crcdit Gerrit paved; sealed within 3 days o[ Mid Qudified -Debit Cards Interehmge PLst .20% lnterchenge Plw 5.15 approved tnmaetion dale. ICey entered selea ere 601ed at thv nk when ekctraric Address VariRcation - required m toad mdedphooe order asks. . Authasiration is required: transaction is not electrmically authorized; 11d1 Non•Qualified- Credit l:ardt Nkmlwrge Plus .20% Inkrchmrge Plus S.IS contents of meDredc shipe not Non~rralified -Ihbit Cards traosmitteA for settleandrl Autborv~on above the Odor limit; settled wifhiu 30 days of approved imossaion. All interneaioml aedk card tnwactions. All cenuuericeVcarponk Matter CardNisa accounts. MAw Frog Mercbam Statemwd Pee SI0.00 American a Au0mriration Fee 5.15 each Discover Autlroriutien Fee 5.15 earlr Voice Au0rorizuion Fee SI.00 each Char beclrFee 515.00 oceunence Mater Card AssevmeM Few -~% Visa Asswsmerd Fces •~~0 ACCEPTED AS OF THE ABOVE DATE: Town of Sot (Merchant N Signature, Title, Date) ScottRussellt .St~t~l~~~~ (Authorized Sign r) Town Hall Annex 54375 Route 25 Southold, NY 11971 Bridgeh ton National Bank (Authorized Signature, Title) Peter Coleman (Name of Authorized Signer) Page 4 of 9 03/24/2008 22:10 FAX f~ooos/oolo The Card proceeafng /na/rndlorm meprovldedao Waryou wlli wderarandyour rerparolblgW: regerdxg We trmsrarglloras War you pros®s rbrarsgb your processing accaanL Pfemere~Wem car;juf(y. 71aSpareirtcorpormed by raJerrna huaywrrAfercbenr CYedh CedPruravaingAgreerrnr Card Ptxueuiog ^Irutrnelmns^ (as referred m in Section 2 of Merchmt AgrcemoM) A. IIanor All Cards 1. Merchmt shall hgnm all Cards issued by m Associetimwhm prembed in accordance with tires Lrstruclions for the purclmse of goods and services by m authorized holder of Card m in a request for the aedh folkwing such a treasection. 2. Merchmm shag not establish minimum m mmdmum sde amoums u a rxmditlm for honoring Cards. 3. Merchmt aha8 not impose my surcharge m salsa. Any tore requued m be m8emed by the Mvchmtt moat be included in the mtd uansmtiou amomt. B. Sule'lYaneactloa 1. No sale may be complete if Cardholder (the duly wthorizad hoWm and user of Card) fails to presemhis/her Card m Merchmt d tmre of agile, except yr the esc of mail ordm "MO" ar takphorce order `TO" where permitted by us. 2. Merchmt must tide each axles drag resulting from the use of a Card with the trensactron data end should imdude thereon s brief description of the merchandise anNor services sold emd the price thereof (includmg my applicable taxe) in detail suflroimt m identify tlro sale. 3. Merchmt must Lnprint the Card, unless successfully read by a magoctic stripe reader turninal wish prinkr attached Failure m obtain a signature on the mmually imprinted s ales draft whm a trmsaclimt ie mm cepnued by swiping Wmrgh a magnetic reader wig expose Mmdtmt m a ehergebmk m such a trmsemim rcgardles of the authorization wde tlrd may m may not be received (this include trerssectima that are keyerttered oo audr a terminal). 4. Merchant shall requtre Caz~Ntoldm m sign the sales drefl. The risk of chergebmk a sde dispuk is tar higher m a trmsactron whm the Card amd the Cardholder are not presort tithe sde location d the time of the sale. 5. Unless spceiflcdly permitted by us, goods and services purcltaved must be delivered m Cardholder d the time of sale. 6. Merchmt shag sot require Cardholders m provide persmd informdim (such u telephma mortar m address) es condition for honoring a Card sde odes required by these Inatruclions. C. Security Features I, Merchmt is required m examine one or more Card sorority features prim m compkfiog a sde. m dl ernes, Mercham will cemPL:[e a sde ady if the aigndure on the sties draft resemble the person deplored in iho pichae m the Card, if any, and the appropriate Visa a MasserCard hologram ie prasemoe the Card. Mmcham must dao check the vdid times m the Card m ensure that Card is valid and has nor expired. 2. Specific Card Security features: a Yrsa-The "dove" hokgmm shodd appear m fly whm tilted. All Visa numlren begin with a "4" amd em be l3 a 16 digits Img. Be stns the aignahrce pmd bas not been tampered with. 1'he "V" m the right of the expiation date ahodd 6e a spegiut kskr (a "Plying V" mt a normd "V'), b. For Visa Cards, check the the fiat fern digits of tiro embossed account mumber matches the fern digits prittted above the storms number of the Cmd. !a the evwt thaz they do nor match, the sde mess nor be oompkmd. Falure m fdkw 16ese checks and procedure will expose Merchant m cMrgebacks. c. MasterCard-The "World" hobgrem should appear a two scpamk sphera whm tilled. Ail MaskrCard numbers begin with "51"and are 16 digit Img. Be sore slid the signature panel has not bcea bmpmed with. d. When dtc Card is "Megstripe read" by m Plectronic Cash Register "HCR" or Electronic Ihafl Capture "EDC" termind, Merchmt must deck the CW azcount mm~ber m the lermtrrol (ff displayed) against the acemm mmbaa emboaud m Uro Cmd. If 16c Cmd is read witlr a termiml slid displays the Card number and the receipt is prinkd, Mercbmt shell verify thaz dre account number diapleysd m the termiml and tlro primeed Card numbers on rho receipt mazds tiro embossed numbers on the faro of the Cmd, m tiro avmt that they do mt match, the sale must not be completed. Fatima m follow These cheeks and procedures wig expee Mmchmt m cbmgabaclo. e. m the event maz the terminal is Programmed m requtre Merhmt m key the last four (or moo) digit of cub Cmd used for a sate, and the tetmirtei indicates that the numbers Ircyed are nor the same m Wec present m the Cmd, We ask mud mm 6e completed. f. >n order m protein the integrity of the Asaocietiom' systems, we reserve the right m hold funds setded by Mcrdrmt in the event of a breech of Agreemem, iregulat sales activity or receipt of detrimentd fmmcid inm:matlm. D. Authorizatlom 1. On u8 sties, Merchmt shell request m authorizatim for the told amount of the sde and shell record the positive mnhorizaticn response wde m the sde draft prior m completing tiro sde If Merchant receives a m;gative aul~rvation response, Merchant rosy not complete the sale and may be requested m recover the Card, if Merdrmt can do so by reasonable and peaceful moms. !f Merrdrml dots recover the bard, Merdmnt shodd wtify Voice Authorization Center artd ask for further iretructions. 2. Mermtam may m4 after receiving a negative response (or demirte) m m mdtoriution atkmpt, split the ante amount into mdtiple trmsamions in ordm m obtain a vdid authorization for each me, ro fhaz We aepazete trmvac[ims told the origimel do8ar amount of the sde. 3. In the event that m umaigoed Card is presented az the point of sale, Merchmtt must equet the Catdtwldc provide proof of idenlificdim and si®t Cmd before cempkting the sole. Detnib of the type of identificdion psovided must ba placed m tlro sutra draft unless prohibited by local law. 4. m my of the fogowiog cases, Merchmt refuses m do so, the sale must mt be completed. a Morchmb who do not ux m electronic device m obtain authorization. b. An unsigned Card is praunmd. c. Merchmt believes ihd Card maybe eoumerfeil or sorters or the the sale is N see mbar mariner mapicious or umsud; in this case Merchant should proceed ady tluoug6 voice authorization procedures and Merchmt should state m the voice authorization cleric, "7iris is a Code 10" and await fuNror matruetion. d. to my other rdromnstances 4ercionflrs esbblislrod by m or sties in Ote hutructima anNor Agreement e. If permited in wrltimg by us, a rata amre slid aceepb m infiequem kltgthone order hattsaction almuld etrthociu tmhrg the above efmammtimtad mnhmiution acceptmce procedurc.+. The floor limit for MO?O autlrorialim is zao. In such cases, the suthorizatim 1)OPS NOT protein the Merchant from chargebacb where the Cmdholda disputes slid the Cmd me we mihor'ved. - £ Merchmt shag indicde m the autharizalim cenW tiro realm forihe authmiutlm requet io every csae. Page 5 of 9 03/29/2008 22:10 FAX g. Merchmt mderstands that m mthoriration is nil a gueranlee of payment. ~jooo~/oolo E. Salo Draft - DiatribuUoas and 3tarat;c IuNrmaNOO 1. Merchmt shall deliver m the (krdholder ffi the time of a sek atruc amt canpleled copy offfie sake dmQ or suitable receipt, evidencing a ads involving use o[ the Card. 2. The followvtg information mull be inchtded on [ha sales dteft: Card mmuM number, Mttchant's DBA Home, Merchants dty and atffie; amount of sale; sale dale; Cerd expvetim dale and signature (unless MO/CO). 3. Merchant shell not disclose a Cadholdtt's account infmmffiim or my other pasoml infomtffiim m tlrird parties othtt thin to Mttdtmt's agents for the purpose of completing the trmsadion m es specifically required by Ines or by the Inshuaiona. 4. Merchmt shall store in a limited access area for ffi least oa (1) yea alter the dffie of salra ell sales dnfls and trensactioru rcmrda and Merchant shall mnko and retrain for ffi least three (3) years Ute original or legible microfiW copies of bout sides of all ales drafts and UartsmUon records. Prim m discading Merchmt shill destroy or melee umeadeble aU material containing Cudhddtt accomt numbers, Card implms such r sake dtatta end credit voucher, vehicle truing Agrcementa and cerboru. Recovery of Cards Merchmt shell use his/her best eHorl m recover my Card, by reuonabk and peaceful mains, iE a. The accomt number therein is lisled oa the Blearonic Exception Fde b. The prinmd fom digits above the embossed account nrrmbu do oil match the fast tom digits of the accent number (Visa) c. Merchant is advised m do so by the mthorirnUon center; or d. Memhmt has reasonebk gromda to believe such Cud is comslerfeit, trmdulem or abler e. This obligetim upm Merchmt in no wry mthorizes a breach of the peace or mY injury m persons or property and Merdtaat wiN hold u harmless from my claim arising from injury to person(s) or property or other breach of peas. G. Multiple Sales soil Sales Dntta end PaMal Consideration I. Generally, ail sales exompGshed ffi the same time should be included m om ales draft 2. Mercheot shall not affect a sale when Doty part of the anoint due is inducted m the aingk asks daft except a Wlten Nte belmce of the amount due is paid by the Cardhotder ffi the Urn: of the ark is cash, by check, with mother Cad or my combinetim fhereoP, or b. When the CarMoldcr executes two separate sales drafts in a delayed delivery trenseeUon, whereby a dgtosit is made by canpletim of one asks draft and peymem of Ute bdmce is teadercd by wmpldim of a ascend sales dmR, cendi0oned upm delivery of merchmdise or perfmmmces of services. c. Theuse of multiple, differem Cards fm one purchase is permissible es katg u mutdividuel agile and salty drab is used for each Cad The zee of multiple sales m one Cad for one pmchese ie nil permitted (thk is done m bring the value of each ads below the mihorvatim threshold o[tbe Card Lasuer). m tae event that Wb is done, the sale may 6e revered. H. Returned Merchendfse and Adjaatmmts 1. In the event tltet my merchmdisa that was the subject of a sale tl accepted for return or my services is torminaled or canceled, or my prig edjushnrnt allowed by Merchmt, the Merchant shall not make arty cash refund to Ute Cardlutoldtt but shall issue prompdy a cedit voudser avidoncing such refund or edjushnem on the sane (`aril as the original sale wu processe4 The refund m adjutmrnt indicated on the ttedh voucher may nil exceed the original sale anottnf - 2. Mttchmt may limit its acceptance of retained merchmdiae or establish a polity m make prize adjustrnentl for arty sale provided props disdosurc is made and purchaved goads or services ere delivered m the Cardhoder ffi the time of ibe sole. 3. Roper disclosure by Mttchmt shall be determined m have been given ffi the fbne o[the sale only if Cadholder is prearnt ffi the time of sale and words such u "NO REFOND", "FXC}1ANOE ONLY" or "IN STORE CRI?Dri' ONLY" are printed m large lenen m all copies ofNa sales draft price m obtaining the Cadholdtt's sigaffiura m the sales draft. Merehmt may stipulate other special circmnstences m terms of the sale m the sales draft. 4. For emh creditor rehun bmsection, Merchad must be able to provide evidence of the original pmchese if requested. I. Cuh Tnoaacdw 1. Mttchmt shall nil mceive my Daymrntl from a Cardholder with rasped m chages for mttchmdise or services wbidr ere included on the sales draft resuhing from the use of a Ca4 nor shell Mercham receive money from a Cardholdtt and subsequently prepare a credit voucher for purpose of eHecNng a depoah m the Cardhdder's accotmL 2. Cah disbtusement by MerrJtmt m a Cardholder is not permifted Merohenl shall not tttalre my cash advmce m my eraploya or principal of Merchant, or fanny member otseme, who u also a Cardholder. 3. Merchmt will not incept sales from Cardholders related m the hushtess where Nor: primary purpose of the tramacUm is for the Provision of working capital m said 6uiness and nil the purehese of goods and/or services from Ure btuirass. J. Recurring Traaeaction and Qnul-Cash TnnaacUom L Mttchmt will not accept re~ sale trmsections when: the delivery, provisim of or blNiag is performed m a periodic basis (recurring treuections) vdNmu[ tla express wriNerr consort of BNB. 2. Mereham shall not accept sales for processing NW are dassifkd n "Qunsi~Cash Tmrtsaetlom" including but rot limited to. Nte sale of realm gmnbling chips, morteyy order, opening depositl on fineaciel m orbs mcountl, wire traufer motty ordtxs or the issue of Swip. 3. No Merchant shag accept n Card or zees a Visa end IvfealerCerd processing terminffi m issue "scrip' exchangaebk for cash m products or aervioes a9 a result of a Bela K Promotional Matelots 1. Merchals will adequately display promotioosl materials provideA m inform the public fhffi Cords wiR be honored by the Merchant. 2. All uses by Muchmt of decals, sigm, prinkd end 6roedcas[ materials and ol~r promotirnffi materials must be ht conformity with the requkamentl of the Association. 3. Merchant may use promotional atateriela only to iodicaae Nut Cards ere accepted for paymem sail shall nil iodicae, directly or indirectly, titffi Merchant has received rndorsement of my goods or sorvioes. 4. Merchmt may nil inter m the Cads instating eligibility for itl products, services or membership. L. IaaWeliooa epeclfie to Cards other thin Vlu and MatterCard. 1. In the event Nut Agreement provides for the acceptance of Cade other thin Vine and MasterCard: a Merchml is required m comply with the specific regulations set om is its Agraommt with Aasociabou otlter thin Visa nod MasterCard with regard m the Page 6 of 9 03/24/2008 22:].0 FAX acceptance of Cords issued by such Associetiom in eddffim m the regWetimta set out above. II. CHARGESACKS ~joooa/onto A. General 1. Merchant hm agreed m pay BNB for tech chergebedc and any Associative fees, form m oltarges impmed ve Merchant m BNB msaeimed Wurewith. Such reimbursement will be accomplished by the debit oftlx scan(s) involved ltom the Merchettt'a st:Oleatvet acoomd 2. Merchants era subject m a chargebacks ve sales for a minimum period of vee handed cigltty (ISO) days from We dale the sale wm entered inm the Associa0on's plOCCS91Ilg ayatem. 3. We agree m mail cltargebadt documentation promptly b MerchW's addma shown ve Agramem. Mercdunt agrees m respved Promptly m all chargebacb. If BNB elects, at itr discretion. m take agive ve chargebaclo aRer MmterCerd m Viae time limits have expired, such active shetl be done at additlonel oust. 4. Mcrchwt agrees Out it will not re-0eposit sties tlve have ban pmiomty charged bath end not repreaeated This restrictimt applies whdher or not the Cardholder consents m such activity. B. Chargebac4 Reaeoaa The summery of remora fm chergebacka includes, bra b not limited m, any ate of the following. a The Card aceovet number submitted by Merchant b fnvelid. b. The Cardholder canphdna that: L Neither the Cardholder nor oWw parson authmittd by hinsdter received the goods a services requested; m 2. I ie/she received the goods or services but dispmd the quality 3. He/she never received credit for a rammed item w a txauzkd ardor 4. He/she wm charged inc«reotly S. The maowt of the sale excadd the floor limit veil mtWoriralion wm not requested and obtained, m was denied 6. The sale wm authorized but not for me cachet amovet 7. The wthorizative node providdu invalid 8. The Card wm expired et the fine of the sale, or had not rearLed its effective data 9. The sales draft wm cwt signed M exceptive will be mado fm mail order end trlephvee order asks wlrcre authorimd 10. The Card issuer lire infotmmion that a Merchant frwd has ocumed 11. The Card account number and the wauot of sale k missing from sales draft a is i0egible 12. The sale draft bearsfhe imprint of a Card which to MmterCerd m Visa, is a amtarfeh Card, m defined in mau ro guhtlions; bra which is not emhossed m accerdwce with the stwdmds set forth in me Visa and MmterCerd rogulaOvea and the sale wm not authorized C. Chergeback MoeltoHog Prttgrama 1. m the event that Merchant exceeds a vee (I) percent chergeback to inrerchango volume ratio in two (2) tnonula out of rhea (3) for Cmtsuma Dapuk tarargebecls (CDCs) (CDCs are currently identified m those felling within remve eodw: 23, 21, 30, 41, 53, Sb, 61, 85 ed 90), m threo (3) percent dtargebadc to inhtchwBe volume ratio fm all incoming chargebaclo, Mcrchwt will be defined m a "RBV~W" Merchmd. On notiflcative oP RBVIDW, Merchant status, Memhwt will suppty us with a bminese plw showing how the reductive of C1M;s will occur. In rice evem Ihet Merchant is unable m reduce CDCs 6eknv one (1) percent within 120 days sad meinteia them et that level for a six (6) month probationary period, wear Visa may termioete Merchwt's Agamont m process sets. N this evert, MerrLmtt will pay us for eery fine m charge levied ve m or Merchant m a result of such chasificeOve or naOficetive. The paremders of this section may be twmded from time m limo, m a rosult of action by Asaociffiions. D. Other Aasocialiom Mveltoring Programs 1. Certain monitotiag programs review flit cumber ofIus[, Smhm ad Countedeit Cards ecceptd 6y Merdtam in its normal course of business, m weS m the percentage of Cards used fm sales [bra were not reed electronically by krroinal orECR's. The purpwe of these paogrems k m reduce tlm use of Lost, Smlen and Counterfeit Cards. 2. In the evem mat Mcrchwt k idvefifiad undor Uteae pro@mma m mraediag the eccepteble Uueshold of such Cords, Merohwt may become liable for chargebacka veil sales of Lost, Stolen and Cowterfei[ Cards regardless oftlre Card acceptance procedures followed, sod Ageement may be terminated on notice by BNB. 1LL A. Mail Order and Telephone Order Merchants 1. Merehwts may not accept mail order (MO) or telephone miler (TO) aeles udem Agreement apeeifically refers m MO/fO in flu desaip6ve of business. Hthu is rat the case, Mwchwt should confect BNB if they wish m accept MO?O sales end provide description of product types and marketing methods. BNB reservm the right m refuse Merchant permission to accept MO/fO sales. 2. )n the event Merctum k spe~ce0y amhorved m accept MO/I'O salm by CPS, rto ask shall be permitted for praceasing prior to shipping of Ore product purchmed m me cardholder, udess spaiftcelly authoriud in Agreement. 3. MO/TO sales do not require that the CaNholder's signmure be oa Ou Satan draft Merchmrt 19 required m obtain the valid dales tm Caell Card aced fm a 88k. The expiration dare must be aubmihed m part of Ore wthori7,tion inquiry. 4. In Ore event Out Merchant supplies goods wd/or services under epee-authorvaOon order, S shall oat chmge a Cardholder far goods aliermaiving notice from a Cardholder that the authorization is cwceled 5. The roceipt of a valid wthorization does nce prole[ Mer~mt from chargebecks ve sales for the tmeuthoriud purchaser remve code. The euppty of shipping dceumenfs indicating the eddreu tlse goods were shipped m and a sigoatme of w indivntud (even Cardholder) wID not normally be sufficient m zevme w untwOtoriud pmcheser remve code. 6. MO/1'O Merchants aro encemaged ro investigate me chmgebrk protection emtbuka of We various Address Verification Services (AVS), CVC, and CVV2 notice available from the Association. B. Vehicle Reahl Praedurd 1. A special wthoriradive procedure is available for flu nse of the Mcrchwt if Merchant estimates the tramecOve amount baud upon Cardholder's intended rental length et time of roatd, the eppficeble rwml rata. tax wdlm nuk;a~ rates. Such mtimdd harwactions aroount shall not include ancillary charges represemmg amount m Dover Page 7 of 9 osiza/zoos zz: a rnx potentid vehicle dmdagea or immmce dedudibk when Camholder waives irtsmence ffi lime ofrenkl. 2. Merchant shall record on the sales draft the date, amount sad all euthorvrlion approvds obtained. 3. Merchant shell disclose such amount wthorized m Cardholder ffi the tmu of renal. ~ ooosioolo 4. Subsequent Authorization a If no wthorizarim was obtained ffi time of rental and Merchant, hazed upon Cardholder's actual duugea hdar estimeks the trmrsection anromt will atcecd the appliable floor limit, Merchant may obtain en audorizaton %PPrm'W Dodo for the sew esttmffied mmount b. Merchant may obtain wOtmiration fm additional emowt (ml cumulffiive mprevious emomm) ffi any time on m between Ox vehicle rental dxckom date and check-in dale, m auxessary. Merchant may trot seek authoriration bor. nor ebmge k Cudholder chmBoa for ~c violations. Parl®g tidceb m o0tu nla0ed ikms. Additional authorization i% rmt necessary if the sales trwseclion does rot exceed the appliabk Hom limit or 115 percent of the sum of the authorized emouaf C. Express Peymnt Service (EP9IQPS) I. Any "trot food", matimt picture theater m parking lot Merohem thffi wishes participate in the Visa m MasterCard FPS/QPS progmn must first be in possession of a signed EPS/QPS addendum. 2. N Ihis addendum must be in place prior to the offering of the program. D. Lodging Merchants 1. Hotel maoegement canpxria are reapomible fm all drsrgebacb and fees fw holds managed ffi the time of sale. 2. Visa Hotel Sorvioes e. AnY Merchant which accepts Cards m guarmke resmdions moat do so in accordance with the following requirements: Merehmta must accept all Visa Cards. Merchant maul inform Ote Cardholdw that rtccemmodatiore will be held mtil dseck out time the folowing day unless ancekd by 6:00 P.M. (Merchant's time) on the schedmed amvd daft. if a Merdrrmt requires cancegation tiou prior m 6:00 P.M. (Mcrdtmt'a thm) on the scheduled vrivd dale, the canceEation dale and time may vary but mart not exceed 72 hours prior m the scheduled arrival date and the Cardholder must be vd'ormed of Wis time when making the reservati~. If, in such a situation, a reservation is made within 72 boon of scheduled arrival, the cance0ation lime of 6:00 P.M. (Merchant's time) m the scheduled arrival dale applies. - Merchmtwig obtain the Cardhddm's aceount mtmber, exphation date and name wnbosaed on the Cerd. Advise the Cardholder thffi if hdshe hm not ducked in by checlmut time the mEowiog day titer hisdrer scheduled arrivd day end the reaervaliat was not properly ancele4 the Cardholder will 6e biged for oru nigM's lodging, plus eppliceble taxes. Merchant must qunte m Cardholder the fogmving intaametim: n) ale of reserved accommodation; b) Merchm[ Dame end eddne%s; c) Confumetkn Code (advising tltffi it be rekiacd). ffrequeskd, Ute Merchant will provide the information above verbally and m wrifkrr form along with the provisiooa of the Visa Rmervffiion Services relating m the Cardholder's obligation relffied m the accemtnodetion reserved. ff Cardholder complies with the ancegffiion procedures above, Metchmt moat aceept a0 cmce0ation requests; and provide Cardholder with a cmtcegatkn wde and advise thffi is mutt be rekitted in order m prokd Cardholder's righb in eau of dapuk. If requested, Merchant must provide Cmdholder with writkn confvmation of all this information indudmg the Cmd informffiioa ff Cardholder does ~t cla"un accommodation that has born teserval mdw these procedures or cenoeled prim m the specified aoce0ation time, the room(s) maul be held available in accordance with the rvservetion. If the Cudhdder does not cancel the reservatiw or check m witldn tlse presuibed ume, Merchant will deposit s salty draft for one night's lodgng, plea applicable kt4 indiwkg the Cxdttdder's aceount number, expiation dale and nine amlrossad oo the Card and the words "NO SHOW" on the Cardholder signffiure line. Merchant should tlun fogow the required suthorizffiion procedure for hold transactions. If acoommadatiom that were guarmked un~r this service ere unavailable, Merchant moat provide CarMolda with e) ffi tarot cempa[eble aocommodffiiorrs fm one (1) night ffi another eskblislunent; b) provide tmmporlffiiw m the kation of the elWnative esablishmett; c) ifrequested, provide Cardholder with a dose (3) minuk telephone all and forward calls m the huffiion mthe altemmive establishment; all ffi rw cost m Cardhoder. If a chargebedt ocetas and involves a dispuk beltveen tbt lodging Merchant end the Carrholder war emce0ffiim of reaervatiom m advance deposits, we mry request resolution ofthe dispuk by Visa a MmfaCerd. If the dispuk is resolved successfully. we wi0 dterge the Merctt®t, and tits Merchant egreus m pay us e "Resdution Fee". E. Pre•Autborized Nnlth Cure Traanetloaa 1. Atry Northam that participates in flu Visa Pre-Authorizod Heffith Care Program must be k possession of a cur[ent addendum fm this program. 2. This addendum must be io place prim m the offering of the program by Merchant F. Viu Supermarket IncextFve Progtvm L AnY Merdtmt thffiwishes o PruticiPffie k the Visa Supemtarffit Protpam mmt be in possession of tits ctnrent addendum fm this program. 2. This addendum must be in place prior m fix oflbting of the program by Merdrxtt G. Electron Card Program 1. At its option, a Merduvu may accept Electron Cardt. Ira Merchatt dwoses to accept 1'slectron Cards, i[ mmt accept eU P-lectron Cards whoa properly Preaentad. N addhioq the Merchant must x Display the Elechnn symbd b. Obtain entlrorizffiian a Uae a lmrninel for euthoriratioo and dam capture: such kmtirul must print a receipt d. Aceept Fdectrar Cards~only for'Yawlo-face" traruectiorrt in which both the Card and Cardholder ate presem; end e. Process ell tiamactionsresulting firm Cards bearing en )lletxrat symbol m dectroo tranasctions end be subject m all Vise mkmffiimtffi Opeating Regulations governing flu Slcctrat Program. IV: OPERaT1ON_A7 ARODIREMEN'r'a A. Merchant Name and Address 1. All fomu aubmilad m us must beer both the capmale end "Doing Business As" (DBA) rune. 2. A signehue of a omporatc ot5cer provides atdhmva[im for w m mwdgete erg omporffie of5cas. 3. Merchant will iofotm BNB inunediekly of stay c6aoge in: Page 8 of 9 03/24/2008 22:11 FAX a. Corpmak name, DBA, m lcedion addrces. 6. Any change of osvnership C~oolo/onto & Imprintera 1. Ali Merchants must 6e m possession of a waking imprivler, supply of black alas dregs and an amuck imprinter plale showing their DBA name, city end shk and Macham number. >n the evmol that Merchant is na in possession of the above equipment, Merchant must montam BNB m otnshr strdt equipment. 2. Failure m be in poucuion of the equtpmem and eupplks listed above whll eerkualY leaeua MmtL®IS liability for chargebardrs where vmsedtons (cannot be ma®tripe read by a terminal, u a molt) ere keyentered, arrd a signed imprinted edes deg u not completed C. iamrponHOn I. BNB, m well u Merchant, ere parties m an Agreercertt fa processing of aalee (AAeemenQ into which these Instntctions(ss amend from limo to thee) have been inmorpotated by reference. D. Use of Non-Paymtntah Terminde and/or SaBware 1. )f Mercltmtt elect m use the rcrminal of American Express a Discover, a other pmvider of soflwara (such u aPOS a accounting syFicm vendor) to capture and transmit Visa and MmteR'.ard sales to us, Merdrant msrtmas full rppoamibility and liability fm third-party pzovidora fdlurc m comply wiW the Ln Wctions. Thhd-party Providm is the source fm information regarding euthorimtion and rltergebad® the may 6e needed by vs. Certain chmgebecks require eutlroritation inforaldl0rr to reverse. Merchant is rcspomibk to obtdn this information fromthird-party provider. We ue not liable for sales tha<were mceived by third Party provider. E. Communieatbn Vendors 1. Muchant mderstands, k the even the our krroinals ere trued by Merchatts, the communieatiom vendor is not raspataibk for losau wising from trmsactions processed using me vendor's service. F. Effect ofTetmiaation of ProceuingAgrcement 1. k the event that pgrcement fr terminated by HNB fm catu0. BNB is required by Associations m file the Devote and address of Merchant and Merehent's Principaty on the "Match File". 2. In the even tttd ggrtement is terrninakd for cmne end Merchmt is obhgemd m uv fm some due. the principals of Merchant am liable to sudt debts a~ a negative credit rctrort may be submitted to a repocling agency. G. Member Service Provider Servlca 1. If Merchant is using a Member Service Provider's tamind, (i.e. dial terminal m equivalent sale cePmse device), sad the Member Service Providers is providing the cusromer servimo, then such Member Service Providm is a eeperate entity end k not an agent fm us. 2. Machml agrees Utd BNB's obligetimt m paytvlerahmt fa sales cepvutd by use ofnos-BNB terminds is limited to du amount, less dismount, rerofved by BNB form me Member Service Provider. 3. Any problem m momPleints rcgerdmg such should be reported in writing m BNB. Il. Submission of all Sakre 1. In order to ensure that ttrere ie no duplirarc proceuing of sales by multiple prcecuou, Merchant agrees W submit etl odes from iln business aiginmhtg witttin the United States of America to us under Agnxmtent 2. Subsequem mnendments to thex inswctions: a This Agreement provides the Merchant will momply with the terms of Wtrualom m if thty were specific: tams of Agreement sd out therein. Due m cttmoges in the processing industry and the requhements oftbe Associefion end ue, the Insfrtrctiorts are amended form time to time end aeendments m these InsWCtions are distributed to Macham m the addreu currently mo reoad fm the diambmion of etatemenn. b. Submission of sales d etry time titer seven (~ days from the date of distribution of Instructions W Muchant's address tm processing atatemems, shed be evidrnce the Mcrchamlhu received the am®ded instmaions end hu agreed m be hound by therrr I. Merchant StalemrnW 1. Merchant vdll receive periodic smtemeds reflecting activity on its account. Merchant agrees m examine and remoncik its Macbmt strttement ®d notify BNB of any error m discrepancy. Udess Merchant provides written entice to BNB of any arm m disaepency within 60 days of the emtemmt date, the atatemem shag 6e deemed u cared fm all purposes and HNB shag not be liable fm any eror m discrepancy rcfleded dreroan. No kgd proceedings m action may thereafter be brought ageimt to b recover fm any error m discrepancy. Page 9 of 9 .x[ aeioee eewr .o ~~'' Bridge Merchant Services Application Business lnformatior Type; Check One ` X j'Corporation S61e ~rgpnetorshp , , Partnership ." ' ;Non-Profit -r „ , ., ;, . . . -- _- --- Le al Business t~#ame?: r - - - -- - 9 , -Town of_Southold ,., DBA Name -_ __ 'Business :Checking.: Email Adt 1 ~ Legal Name Date of Birth Address City, State, Zip 2) Legal Name Date of Birth Address City, State, Zip _ .. - - --- - -- - - -1 ---- - - -- ~~,____53095 Route 25 --PO~ox 1179 _ _- --- ----------- -- --- - -------- --- -- - ~ 1640 '_631-765-1366 , -- - ---- ___- 7 ~----_~ r-` ..- ~ -----' 'loternet ' No ---- _ Equipment Information o, Non-Bankcard Information Do you accept American Express? _ ~I, Yes jx_~ No If yes, what is your Merchant # If no, would you like to be able to accept American Express? - ~ ~- ; --~ Yes ;x-' No Office Use Only PNS Merchant Number y~ _ - -- ~ __t~11 J __ - - -.. _ - - _ FDMS Merchant Number - -I y -- -- L~VIi--~~ _ _ -- _ _ - - - - Purchase Machine: Check one ,Yes No Machine T e Q 1 ~ ~ CM -- - -._ yp Serial Number __ - --- - _ - _~ ~~f _ _ Price - - Billed to Account on - _ __ _ ---- _ ~ __ SIC / MCC _ ~ ~ BRIDGEHAMPTON NATIONAL BANK 04/10/2008 01:10 FAX BRIDGEHAMPTON NATIONAL BANK MERCHANT CREDIT CARD PROCESSING AGREEMENT Addendum Fees Fees (discount adjustment) will be calculated on monthly sales based on current interchange rates in effect from MasterCazd/Visa plus .20 by and .15 cents per transaction. 0002/0002 Fee's will not be debited from any account maintained by the Town of Southold, but will be offset by the Town of Southold maintaining compensating balances in accounts held at the Bridgehampton National Bank. Balances to be held will be based on the previous month discount adjustment as calculated above. Bridgehampton National Bank will notify the Town of Southold Comptroller monthly of required balance adjustments. By: Bridgehampton National Bank Mich~elle~Dosc~ Vice President By: Town of S thold c,c S~~«~