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Section 1.3. Upon receipt by the Bank of a Request in respect of an employee, the Bank <br /> will issue a Card on the Member Account to the employee, embossed with the name of the <br /> employee (the "Cardholder ") and the Member's name and/or identifier. The Bank may issue <br /> renewal, replacement or temporary replacement cards for any Card from time to time. <br /> In addition, at the Member's request, the Bank may issue each Cardholder a personal <br /> identification number (a `PIN ") enabling the Cardholder to use the Card at automated teller <br /> machines ("ATMs') accessible with the Card to obtain cash advances and effect transactions on <br /> the Member Account. The Member shall instruct each Cardholder not to disclose the <br /> Cardholder's PIN to any other person. Transaction records issued by an ATM are solely for the <br /> Member's convenience and in the event of any dispute as to the accuracy of such records, the <br /> Bank's internal records are presumptively correct and Member must establish by clear and <br /> convincing evidence that such records are in error. <br /> Section 1.4. The Member shall establish and set out in each Request a credit limit for the <br /> Card (the "Card Limit") to be issued to the employee designated in the Request, subject to <br /> limitations which may be set by the Bank. A portion of this Card Limit is available for Cash <br /> Advances. The aggregate of all Card Limits for issued Cards shall not exceed the Member <br /> Credit Limit. <br /> SECTION 2. CHARGES AND FEES. <br /> Section 2.!. Subject to the provisions hereof, the Cardholder may use the Card to charge <br /> to the Member Account (a) the price of goods or services obtained from a merchant or supplier <br /> honoring the Card, by means of payment or settlement by the Bank to the merchant or supplier (a <br /> "Purchase"); or (b) cash advances obtained through the use of the Card either directly from the <br /> Bank, through use of an ATM, or through another financial institutions honoring the Card; or <br /> purchase a money order, travelers check or similar item (a "Cash Advance'); provided, each <br /> such Purchase and Cash Advance must be for a business purpose. Any such use of a Card which <br /> results in a Charge (as defined below) to the Member Account, whether or not the Card was <br /> presented to a merchant or supplier (such as Internet, mail or telephone order Purchases) or the <br /> Cardholder's signature was obtained, or by use of a PIN, is herein called a "Transaction." <br /> Section 2.2. The Bank will maintain a sub - account of the Member Account for each <br /> Card (a "Card Account "). The Bank shall record all Transactions with respect to each Card, as <br /> well as all interest, fees, service charges, credits and adjustments relating to such Card or its use <br /> on the Card Account maintained for such Card. All Transactions, interest, fees and service <br /> charges posted to the Member Account, including by recording them on individual Card <br /> Accounts, shall constitute a charge to the Member Account (a "Charge"). <br /> Section 2.3. The annual Card fee for each Card and the service charges set forth in <br /> Schedule 1 shall apply . <br /> For each Cash Advance, the Bank adds an additional service charge as set forth in <br /> Schedule 1. This fee will be added to the Cash Advance balance. The amount of the Cash <br /> Advance also may include a surcharge that the ATM owner imposes. <br /> -2- <br />