WA State Transit Association 4/18/2023

Member Services Agreement (MSA) This Member Services Agreement (MSA) is effective this____________ day of _______ 2023 (“Effective Date”), and outlines the roles, responsibilities, and obligations of CCAP Participants (“Participant”) and the Washington State Transit Associations (“WSTA”). Services WSTA will perform the services as described in Exhibit A attached hereto (“Services”), which include transactions facilitated by WSTA’s aggregation consultant, SRECTrade, Inc. (“SRECTrade”) on behalf of Participant. Participant hereby appoints WSTA as its agent and authorizes W STA to take such actions on its behalf and to exercise such powers as are delegated to WSTA by the terms hereof including, without limitation, to engage SRECTrade and to perform the duties and obligations on behalf of Participant. Pricing and Payment In exchange for performance of the Services, WSTA and SRECTrade will be paid a Fee as described below: Fee Schedule for 2023 Cumulative Credits Generated SRECTrade Fee % of Transaction Value WSTA Admin Fee % of Transaction Value Total Fee % of Transaction Value 0 – 5,000 7.5% 1.0% 8.5% 5,001 – 20,000 6.0% 0.75% 6.75% 20,000+ 4.5% 0.50% 5% A minimum fee of $4.50 per credit will apply to all Transactions.. The cumulative amount of aggregated minimum fees will not exceed half of the total Transaction Value. Any program fees assessed by the Department of Ecology (“Regulator”) are to be paid by Participant. WSTA’s Admin Fee will be reviewed annually by the WSTA Board Directors at their 4th Quarter Board meeting; any changes will not go into effect until the following quarter. SRECTrade transaction and minimum fees will not change unless authorized by WSTA and notice given to members. Credits will be sold on the market by SRECTrade. SRECTrade will remit revenue to WSTA after deducting their fees. WSTA will deduct the Administrative Fee as outlined above and remit payment to Participant based on credits sold on Participant’s behalf.