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<br />Resolution No. 9802 <br />NOR TH STAR BANK <br />AUTOMATED·CLEItlUNGHOUSEAGREEMBNT <br /> <br />This Agreementis made as of the 28th day of August <br />Star Bank (hereinafter referred to as thë"Finincial Institution'1and <br />(herëinafter refettedto as'ICOmpany"). <br /> <br />.2000 ,between North <br />City ofRoseviDe <br /> <br />RECITALS <br /> <br />A. Company wisbestoinitiate Credit Entries by means oftbc Automated Clearin¡ House Network <br />pursuant .to the terms oftbisAgreemcntand themles oftheNationalAutomätedCleariÐg HOù$ë <br />Association (NACHA)and tbë löca1 ACH Association (the 'lWIes"). and Financial Institution is <br />willing to· act as anùrigïnatïng Depository Financial Institution with respect to such Entries~ <br /> <br />B. Unless otherwise defined herein, capitalized terms shall have the meäD.iop provided in the <br />Rules. Thcterm "Entries>tsballbavethemeaningprovided in the Rules and Šball also mean the <br />data received from Companyherëunder from whièh Financial Instituûonprepates Entriesi <br /> <br />AGREEMENT <br /> <br />1. Incorporation<of Rules~ <br /> <br />The Company acknowledges receiptofa copy of the Rules as currently existing and takes <br />responsibility for keeping track of how they are amended from time to time. The Rules are <br />incQrporated herein by thiS ref~ce. Tþe eompariy andthë Financial Institütion agree to <br />comply witb and be bound by the Rules. The Financial [nstitutîonwill periodically infom the <br />Company of revisions to the RuJcsQfwhichtheFinanclal Instinrtiol1 has knowledge. <br /> <br />2. Transmittal OfEntriesByCQmÐ8nV. <br /> <br />Company shall transInit PPD (pre8n'angedPayments & Deposits) or CCD (CashConcentl'atiôJi <br />or Disbursement) credit or debit Entrlesto FinancialInsûtution to· the locatîori(s) and in <br />compliance with the formatting and otbèrieqUirements set forth ih Sched11le A attaChed hereto. <br />If the Company authorizes a third party processor 10 transmitPPDor CCD credit.or debit <br />Entries, the third party ~~ will be the Company'sagelit and the Company will indemnify <br />and save FÙianèial InstitutiöIiluumlessfrom and against any Joss öc.liability, includinS <br />attorneys' fecund expenses, arisingoutofanyaë;tòfomission.ofthe third party proCCS$OÏ'. The <br />totaldoUar amountofEntries \11U1SDÛtted by Company to Financiallns1itution oli any day shall <br />not exceed the amountspecitiedintheMaximumLimit seçtiononSchedWe A. <br /> <br />Pilge 1 ofl2 <br />