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Rev. 2024-08-06 pg. 1 <br /> <br />SUB-MERCHANT <br />PAYMENT PROCESSING AGREEMENT <br />This Sub-Merchant Payment Processing Agreement (“Agreement”) is entered into by and <br />between Fullsteam Operations LLC with its principal office at 540 Devall Drive, Suite 301, <br />Auburn, AL 36832 (“Provider”) and City of Everett with its principal office at 2930 Wetmore Ave. <br />Everett, WA 98201 (“Sub-merchant”), in connection with Provider’s payment processor <br />(“Processor”) and Processor’s designated Member Bank. <br />Whereas, Provider as a Payment Service Provider (“PSP”) and/or as a Payment Facilitator as <br />defined in the Operating Regulations, in connection with Processor and/or Member Bank <br />participates in programs affiliated with MasterCard, VISA, American Express, Discover, and <br />Other Networks which enable Cardholders, by use of their Cards, to purchase goods and services <br />from selected merchants located in the United States. <br />Whereas, Provider wishes to provide payment processing services to Sub-merchant for its United <br />States locations, for sale of its goods and services to Cardholders by use of their Cards. <br />NOW, THEREFORE, IN CONSIDERATION OF THE FOREGOING RECITALS AND <br />OF THE MUTUAL PROMISES CONTAINED HEREIN, BY SIGNING BELOW AS AN <br />AUTHORIZED REPRESENTATIVE OF SUB-MERCHANT, SUB-MERCHANT AND <br />PROVIDER AGREE TO BE BOUND BY ALL TERMS AND CONDITIONS OF THIS <br />AGREEMENT, INCLUDING, WITHOUT LIMITATION, ALL DOCUMENTS, <br />POLICIES, AND PROCEDURES INCORPORATED HEREIN BY REFERENCE. <br />1. Definitions. For the purposes of this Agreement, the following terms shall have the following <br />meanings: <br />Account shall mean an open transaction account at a financial institution acceptable to Processor <br />which Member Bank, Processor or their agents can access through the ACH system. <br />Account Change means a change in the Account or the financial institution where the Account is <br />located. <br />ACH shall mean the Federal Reserve's Automated Clearing House (“ACH”) system. <br />Agreement means this Sub-Merchant Payment Processing Agreement and each exhibit, schedule, <br />and addendum attached hereto or referenced to in this Agreement, as well as all documents and <br />other materials incorporated herein by reference. <br />American Express shall mean American Express Travel Related Services Company, Inc. <br />Application shall mean the Sub-merchant’s application for payment processing services as <br />required by Provider as a prerequisite for obtaining the Services. <br />Association means VISA, MasterCard, Discover, American Express, or any Other Network, as the <br />same are defined herein. <br />Cardholder shall mean any person authorized to use a Card or the accounts established in <br />connection with a Card.