Document:

Exhibit 4.3

 Exhibit 4.3 

CHASE ISSUANCE TRUST 
 as Issuing
Entity 
 and 
 WELLS FARGO
BANK, NATIONAL ASSOCIATION 
 as Indenture Trustee and Collateral Agent for Asset Pool One 

SECOND AMENDED AND RESTATED 

CHASESERIES INDENTURE SUPPLEMENT 

dated as of     , 2016 

to 
 FOURTH AMENDED AND RESTATED
INDENTURE 
 dated as of     , 2016 

 TABLE OF CONTENTS 
  

							
	 	 	 	  	Page	 
	
	ARTICLE I	  
	
	DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION	  
			
	 Section 1.01
	 	Definitions	  	 	2	  
	 Section 1.02
	 	Governing Law	  	 	21	  
	 Section 1.03
	 	Counterparts	  	 	22	  
	 Section 1.04
	 	Ratification of Indenture	  	 	22	  
	
	ARTICLE II	  
	
	THE CHASESERIES NOTES	  
			
	 Section 2.01
	 	Creation and Designation	  	 	23	  
	 Section 2.02
	 	New Issuances of CHASEseries Notes	  	 	23	  
	 Section 2.03
	 	Required Subordinated Amount Conditions to Issuance of a Tranche of a Senior Class of CHASEseries Notes	  	 	24	  
	
	ARTICLE III	  
	
	ALLOCATIONS, DEPOSITS AND PAYMENTS	  
			
	 Section 3.01
	 	Allocations of Asset Pool One Finance Charge Collections and the Asset Pool One Default Amount to the CHASEseries Notes	  	 	26	  
	 Section 3.02
	 	Allocations of CHASEseries Available Finance Charge Collections	  	 	26	  
	 Section 3.03
	 	Targeted Deposits to the Interest Funding Account	  	 	27	  
	 Section 3.04
	 	Allocations of CHASEseries Available Finance Charge Collections to the Interest Funding Account and to the Interest Funding Sub-Accounts	  	 	28	  
	 Section 3.05
	 	Amounts to be Treated as CHASEseries Available Finance Charge Collections; Payments Received from Derivative Counterparties for Interest in a Foreign Currency; Other Deposits to the Interest Funding Sub-Accounts	  	 	29	  
	 Section 3.06
	 	Allocations of Reductions from Investor Charge-Offs to the Nominal Liquidation Amount of Subordinated Classes	  	 	30	  
	 Section 3.07
	 	Allocations of Reimbursements of Nominal Liquidation Amount Deficits	  	 	32	  
	 Section 3.08
	 	Allocations of Asset Pool One Principal Collections to the CHASEseries Notes	  	 	32	  
	 Section 3.09
	 	Application of CHASEseries Available Principal Collections	  	 	32	  
	 Section 3.10
	 	Allocation of CHASEseries Servicing Fee Shortfalls	  	 	35	  

							
	 Section 3.11
	 	Computation of Reductions to the Nominal Liquidation Amount of Subordinated Classes from Reallocations of CHASEseries Available Principal Collections	  	 	35	  
	 Section 3.12
	 	Targeted Deposits of CHASEseries Available Principal Collections to the Principal Funding Account and the Principal Funding Sub-Account	  	 	37	  
	 Section 3.13
	 	Allocations among Principal Funding Sub-Accounts	  	 	39	  
	 Section 3.14
	 	Amounts to be Treated as CHASEseries Available Principal Collections; Payments Received from Derivative Counterparties for Principal; Other Deposits to Principal Funding Sub-Accounts	  	 	41	  
	 Section 3.15
	 	Withdrawals from Interest Funding Account	  	 	42	  
	 Section 3.16
	 	Withdrawals from Principal Funding Account	  	 	43	  
	 Section 3.17
	 	Limit on Deposits to the Principal Funding Sub-Account of Subordinated Class of CHASEseries Notes; Limit on Repayments of all Tranches	  	 	45	  
	 Section 3.18
	 	Calculation of Nominal Liquidation Amount	  	 	46	  
	 Section 3.19
	 	[RESERVED]	  	 	47	  
	 Section 3.20
	 	Netting of Deposits and Payments	  	 	47	  
	 Section 3.21
	 	Pro Rata Payments within a Tranche	  	 	47	  
	 Section 3.22
	 	Sale of Collateral for Notes that are Accelerated or Reach Legal Maturity	  	 	47	  
	 Section 3.23
	 	Calculation of Prefunding Target Amount	  	 	49	  
	 Section 3.24
	 	Targeted Deposits to the Class C Reserve Account	  	 	51	  
	 Section 3.25
	 	Withdrawals from the Class C Reserve Account	  	 	52	  
	 Section 3.26
	 	Computation of Interest	  	 	53	  
	 Section 3.27
	 	Shared Excess Available Finance Charge Collections and Unapplied Master Trust Level Excess Finance Charge Collections	  	 	53	  
	 Section 3.28
	 	Shared Excess Available Principal Collections	  	 	54	  
	 Section 3.29
	 	Unapplied Master Trust Level Principal Collections	  	 	55	  
	 Section 3.30
	 	Allocations of Segregated CHASEseries Finance Charge Collections	  	 	55	  
	 Section 3.31
	 	Final Payment	  	 	55	  
	
	ARTICLE IV	  
	
	EARLY AMORTIZATION OF NOTES	  
	 Section 4.01
	 	Early Amortization Events	  	 	56	  
	
	ARTICLE V	  
	
	BANK ACCOUNTS AND INVESTMENTS	  
	 Section 5.01
	 	Bank Accounts	  	 	58	  

  
 ii 

 EXHIBITS 
  

			
	EXHIBIT A-1	  	FORM OF CLASS A NOTE
		
	EXHIBIT A-2	  	FORM OF CLASS B NOTE
		
	EXHIBIT A-3	  	FORM OF CLASS C NOTE
		
	EXHIBIT B	  	[RESERVED]
		
	EXHIBIT C	  	FORM OF CHASESERIES SCHEDULE TO MONTHLY NOTEHOLDERS’ STATEMENT

  
 iii 

 This SECOND AMENDED AND RESTATED CHASESERIES INDENTURE SUPPLEMENT, dated as of
    , 2016 (this “Indenture Supplement”), between CHASE ISSUANCE TRUST (formerly known as Bank One Issuance Trust), a statutory trust organized under the laws of the State of Delaware (the “Issuing Entity”),
having its principal office at 1100 North Market Street, Wilmington, Delaware 19890-1600, and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, in its capacity as Indenture Trustee (the “Indenture Trustee”) and as
Collateral Agent for Asset Pool One (the “Collateral Agent”). 
 Pursuant to the Original Indenture Supplement (as defined below),
the Issuing Entity created a Series (as defined below) of Notes (as defined in the Indenture), the CHASEseries, and specified the principal terms thereof. The CHASEseries Notes are secured by the Collateral in Asset Pool One. 

RECITALS OF THE ISSUING ENTITY 

WHEREAS, the Issuing Entity and the Indenture Trustee have heretofore executed and delivered a ONEseries Indenture Supplement, dated as of
May 1, 2002 (as amended, supplemented or otherwise modified, the “Original Indenture Supplement”), pursuant to which the Issuing Entity has issued Classes and Tranches of “ONEseries Notes”; 

WHEREAS, the Issuing Entity and the Indenture Trustee have heretofore executed and delivered the Amended and Restated CHASEseries Indenture
Supplement, dated as of October 15, 2004 (as amended, supplemented or otherwise modified, the “Amended and Restated Indenture Supplement”), pursuant to which the “ONEseries Notes” were known as the “CHASEseries
Notes”; 
 WHEREAS, the Issuing Entity and the Indenture Trustee desire to amend and restate the Amended and Restated Indenture
Supplement to read in its entirety as set forth below; and 
 WHEREAS, all conditions precedent to the execution of this Indenture
Supplement have been complied with; 
 NOW, THEREFORE, the Issuing Entity and the Indenture Trustee hereby agree that effective on and as of
the date hereof, the Amended and Restated Indenture Supplement is hereby amended and restated in its entirety as follows: 

  
 1 

 ARTICLE I 

DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION 

Section 1.01 Definitions. For all purposes of this Indenture Supplement, except as otherwise expressly provided or unless the
context otherwise requires: 
 (a) All terms used herein and not otherwise defined herein shall have meanings ascribed to them in the Trust
Agreement, the Indenture, the Transfer and Servicing Agreement or the Asset Pool One Supplement, as applicable. 
 (b) All terms defined in
this Indenture Supplement shall have the defined meanings when used in any certificate or other document made or delivered pursuant hereto unless otherwise defined therein. 

(c) As used in this Indenture Supplement and in any certificate or other document made or delivered pursuant hereto or thereto, accounting
terms not defined in this Indenture Supplement or in any such certificate or other document, and accounting terms partly defined in this Indenture Supplement or in any such certificate or other document to the extent not defined, shall have the
respective meanings given to them under GAAP. To the extent that the definitions of accounting terms in this Indenture Supplement or in any such certificate or other document are inconsistent with the meanings of such terms under GAAP, the
definitions contained in this Indenture Supplement or in any such certificate or other document shall control. 
 (d) In the event that any
term or provision contained herein shall conflict with or be inconsistent with any term or provision contained in the Indenture, the terms and provisions of this Indenture Supplement shall be controlling. 

(e) Each capitalized term defined herein shall relate only to the CHASEseries Notes and no other Series of Notes issued by the Issuing Entity.

 (f) Unless otherwise specified, references to any amount as on deposit or outstanding on any particular date shall mean such amount at
the close of business on such day. 
 (g) The words “hereof,” “herein,” “hereunder” and words of similar
import when used in this Indenture Supplement shall refer to this Indenture Supplement as a whole and not to any particular provision of this Indenture Supplement; references to any Article, subsection, Section, clause, Schedule or Exhibit are
references to Articles, subsections, Sections, clauses, Schedules and Exhibits in or to this Indenture Supplement unless otherwise specified; the term “including” means “including without limitation”; references to any law or
regulation refer to that law or regulation as amended from time to time and include any successor law or regulation; references to any Person include that Person’s successors and assigns; and references to any agreement refer to such agreement,
as amended, supplemented or otherwise modified from time to time. 
 (h) In the event that the UCC, as in effect on the date hereof, is
revised, any reference herein to specific sections of the UCC shall be deemed to be references to any such successor sections. 
 (i)
Whenever used in this Indenture Supplement, the following words and phrases shall have the following meanings, and the definitions of such terms and phrases are applicable to the singular as well as the plural forms of such terms and to the
masculine as well as the neuter genders of such terms: 

  
 2 

 “Accumulation Commencement Date” means, for any Tranche of CHASEseries Notes,
the first calendar day of the month that is twelve (12) whole calendar months prior to the Scheduled Principal Payment Date for such Tranche of CHASEseries Notes; provided, however, that, if the Accumulation Period Length for such
Tranche of CHASEseries Notes is less than twelve (12) whole calendar months, the Accumulation Commencement Date will be the first calendar day of the month that is the number of whole calendar months prior to such Scheduled Principal Payment
Date at least equal to the Accumulation Period Length and, as a result, the number of Monthly Periods during the period from the Accumulation Commencement Date to and including the Monthly Period prior to such Scheduled Principal Payment Date will
at least equal the Accumulation Period Length. 
 “Accumulation Period Length” has the meaning specified in subsection
3.12(b)(ii). 
 “Aggregate Series Available Finance Charge Collections Shortfall” means, with respect to any Monthly Period
as determined on the related Determination Date, the sum of the Series Available Finance Charge Collections Shortfalls (as such term is defined in each of the applicable Indenture Supplements) for each Shared Excess Available Finance Charge
Collections Series in Shared Excess Available Finance Charge Collections Group A for such Monthly Period. 
 “Aggregate Series
Available Principal Collections Shortfall” means, with respect to any Monthly Period as determined on the related Determination Date, the sum of the Series Available Principal Collections Shortfalls (as such term is defined in each of the
applicable Indenture Supplements) for each Series of Asset Pool One Notes for such Monthly Period. 
 “Amortization Period”
means, with respect to any Tranche of CHASEseries Notes, each Monthly Period with respect to which a deposit is required to be made into the Principal Funding Sub-Account of such Tranche of CHASEseries Notes pursuant to subsection 3.09(e) and
Section 3.12. 
 “Asset Pool One” means the Asset Pool securing the CHASEseries Notes and any other Series of Notes if
so specified in the applicable Indenture Supplement for such Series of Notes. 
 “Asset Pool One Restriction Event” means,
(a) with respect to any Asset Pool One Collateral Certificate, the transferor for the related Master Trust becomes unable for any reason to transfer receivables to that Master Trust or (b) with respect to any Asset Pool One Account, a
Transfer Restriction Event occurs with respect to any Asset Pool One Receivables arising in such Asset Pool One Account. 
 “Asset
Pool One Supplement” means the Third Amended and Restated Asset Pool One Supplement to the Fourth Amended and Restated Indenture, dated as of     , 2016, between the Issuing Entity and Wells Fargo Bank, National
Association, as Indenture Trustee and as Collateral Agent for Asset Pool One. 

  
 3 

 “Bankruptcy Code” means the United States Bankruptcy Code located in Title 11 of
the United States Code. 
 “Base Rate” means, with respect to any Monthly Period, the sum of (1) the CHASEseries
Servicing Fee Percentage and (2) the weighted average (based on the Outstanding Dollar Principal Amount of the related CHASEseries Notes) of the following: 

(a) in the case of a Tranche of CHASEseries Dollar Notes that are also Interest-Bearing Notes with no Derivative Agreement for interest, the
rate of interest applicable to such Tranche for the period from and including the Monthly Interest Accrual Date for such Tranche of CHASEseries Dollar Notes that are also Interest-Bearing Notes in such Monthly Period to but excluding the Monthly
Interest Accrual Date for such Tranche of CHASEseries Dollar Notes that are also Interest-Bearing Notes in the following Monthly Period; 

(b) in the case of a Tranche of CHASEseries Notes with a Performing Derivative Agreement for interest, the rate at which payments by the
Issuing Entity to the applicable Derivative Counterparty accrue (prior to the netting of such payments, if applicable) for the period from and including the Monthly Interest Accrual Date for such Tranche of CHASEseries Notes in such Monthly Period
to but excluding the Monthly Interest Accrual Date for such Tranche of CHASEseries Notes in the following Monthly Period; and 
 (c) in the
case of a Tranche of CHASEseries Notes with a non-Performing Derivative Agreement for interest, the rate specified in the related Terms Document. 

“CHASEseries Available Finance Charge Collections” has the meaning specified in Section 3.02. 

“CHASEseries Available Principal Collections” has the meaning specified in Section 3.09. 

“CHASEseries Default Amount” means, with respect to any Monthly Period, an amount equal to the product of (i) the
CHASEseries Floating Allocation Percentage and (ii) the Asset Pool One Default Amount for such Monthly Period. 
 “CHASEseries
Dollar Note” means a CHASEseries Note denominated in Dollars. 
 “CHASEseries Floating Allocation Percentage”
means, with respect to any Monthly Period, for the CHASEseries Notes, a fraction, the numerator of which is the sum of the Nominal Liquidation Amounts of all Classes or Tranches of CHASEseries Notes as of the last day of the preceding Monthly Period
(exclusive of (x) any Class or Tranche of CHASEseries Notes which will be paid in full during such Monthly Period and (y) any Class or Tranche of CHASEseries Notes which will have a Nominal Liquidation Amount of zero during such Monthly
Period), or with respect to the first 

  
 4 

 
Monthly Period for any Class or Tranche of CHASEseries Notes, the Initial Dollar Principal Amount of such Class or Tranche plus the aggregate amount of any increase in the Nominal Liquidation
Amount of any Class or Tranche of CHASEseries Notes due to (x) the issuance of additional Notes of such Class or Tranche of CHASEseries Notes during such Monthly Period or (y) the release of Prefunding Excess Amounts (other than amounts
that were deposited into the applicable Principal Funding Sub-Account for such Class or Tranche of CHASEseries Notes during such Monthly Period) for such Class or Tranche of CHASEseries Notes from the applicable Principal Funding Sub-Account and the
denominator of which is equal to the greater of (a) the sum of (1) for each Asset Pool One Collateral Certificate, the numerator used to calculate the floating allocation percentage for that Collateral Certificate for the related Monthly
Period, plus (2) the Asset Pool One Average Principal Balance for such Monthly Period plus (3) the Excess Funding Amount for Asset Pool One following any deposit or withdrawal on the First Note Transfer Date in such Monthly Period and
(b) the sum of the numerators used to calculate the Noteholder Percentages for the allocation of Asset Pool One Finance Charge Collections, the Asset Pool One Default Amount or the Asset Pool One Servicing Fee, as applicable, for all Series of
Asset Pool One Notes for such Monthly Period. 
 “CHASEseries Foreign Currency Note” means a CHASEseries Note denominated
in a Foreign Currency. 
 “CHASEseries Noteholders” means the Holders of the CHASEseries Notes. 

“CHASEseries Notes” means the Series of Notes issued pursuant to the Indenture, the principal terms of which are set forth in
this Indenture Supplement. 
 “CHASEseries Principal Allocation Percentage” means, with respect to any Monthly Period, for
the CHASEseries Notes, a fraction, the numerator of which is equal to the sum of (1) for all Classes or Tranches of CHASEseries Notes in an Amortization Period (exclusive of (x) any Class or Tranche of CHASEseries Notes which will be paid
in full during such Monthly Period and (y) any Class or Tranche of CHASEseries Notes which will have a Nominal Liquidation Amount of zero during such Monthly Period), the sum of the Nominal Liquidation Amounts of all such Classes or Tranches of
CHASEseries Notes as of the close of business on the day prior to the commencement of the most recent Amortization Period for such Class or Tranche of the CHASEseries plus (2) for all other Classes or Tranches of CHASEseries Notes Outstanding
the sum of (a) the Nominal Liquidation Amount of such Classes or Tranches of CHASEseries Notes, as of the close of business on the last day of the immediately preceding Monthly Period, or with respect to the first Monthly Period for any Class
or Tranche of CHASEseries Notes, the Initial Dollar Principal Amount of such Class or Tranche plus (b) the aggregate amount of any increase in the Nominal Liquidation Amount of such Class or Tranche of CHASEseries Notes due to (x) the
issuance of additional Notes of such Class or Tranche of CHASEseries Notes during such Monthly Period or (y) the release of Prefunding Excess Amounts (other than amounts that were deposited into the applicable Principal Funding Sub-Account for
such Class or Tranche of CHASEseries Notes during such Monthly Period) for such Class or Tranche of 

  
 5 

 
CHASEseries Notes from the Principal Funding Account or applicable Principal Funding Sub-Account and the denominator of which is equal to the greater of (a) the sum of (1) for each
Asset Pool One Collateral Certificate, the numerator used to calculate the principal allocation percentage for that Collateral Certificate for the related Monthly Period, plus (2) the Asset Pool One Average Principal Balance for such Monthly
Period plus (3) the Excess Funding Amount for Asset Pool One following any deposit or withdrawal on the First Note Transfer Date in such Monthly Period and (b) the sum of the numerators used to calculate the Noteholder Percentages for the
allocation of Asset Pool One Principal Collections for all Series of Asset Pool One Notes for such Monthly Period. 
 “CHASEseries
Servicing Fee” means, with respect to any Monthly Period, the product of (i) the Asset Pool One Servicing Fee for such Monthly Period and (ii) the CHASEseries Floating Allocation Percentage for such Monthly Period. 

“CHASEseries Servicing Fee Percentage” means, with respect to any Monthly Period, the annualized percentage equivalent of a
fraction, the numerator of which is the CHASEseries Servicing Fee for such Monthly Period and the denominator of which is the Nominal Liquidation Amount used in the calculation of the CHASEseries Floating Allocation Percentage for such Monthly
Period. 
 “Class” means the Class A Notes, the Class B Notes or the Class C Notes, as applicable. 

“Class A Note” means a CHASEseries Note specified in the applicable Terms Document as belonging to Class A. 

“Class A Required Subordinated Amount” means, with respect to any Tranche of Class A Notes on any date, the aggregate
Nominal Liquidation Amount of all Tranches of Class B Notes and/or Class C Notes, as the case may be, as specified in the applicable Terms Document for such Tranche of Class A Notes, that is required to be Outstanding and available on any date
in each Monthly Period during which such Tranche of Class A Notes is Outstanding. 
 “Class A Unused Subordinated Amount of
Class B Notes” means, with respect to any Tranche of Class A Notes on any date, an amount equal to the Class A Required Subordinated Amount of Class B Notes minus the Class A Usage of Class B Required Subordinated Amount,
each as of such date. 
 “Class A Unused Subordinated Amount of Class C Notes” means, with respect to any Tranche of
Class A Notes on any date, an amount equal to the Class A Required Subordinated Amount of Class C Notes minus the Class A Usage of Class C Required Subordinated Amount, each as of such date. 

“Class A Usage of Class B Required Subordinated Amount” means, with respect to any Tranche of Outstanding Class A Notes,
(x) on the date of issuance of such Tranche and on each date to but not including the initial First Note Transfer Date for such Tranche, zero and (y) on each date in the period from and including the initial First Note Transfer Date for
such Tranche to but not including the second First Note Transfer Date 

  
 6 

 
for such Tranche, the sum of the amounts set forth below and (z) on each date in the period from and including the second or any subsequent First Note Transfer Date for such Tranche to but
not including the next succeeding First Note Transfer Date, the Class A Usage of Class B Required Subordinated Amount as of the close of business on the prior First Note Transfer Date plus the sum of the amounts set forth below (in each case,
such amount shall not exceed the Class A Unused Subordinated Amount of Class B Notes for such Tranche of Class A Notes after giving effect to the previous clauses, if any): 

(a) an amount equal to the product of (A) a fraction, the numerator of which is the Class A Unused Subordinated Amount of Class B
Notes for such Tranche of Class A Notes (as of the close of business on the last day of the prior Monthly Period) and the denominator of which is the aggregate Nominal Liquidation Amount of all Tranches of Class B Notes (as of the close of
business on the last day of the prior Monthly Period), times (B) the amount of Investor Charge-Offs initially allocated to Class B Notes pursuant to subsection 3.06(a) which did not result in a Class A Usage of Class C Required
Subordinated Amount for such Tranche of Class A Notes on such First Note Transfer Date; plus 
 (b) the amount of Investor Charge-Offs
initially allocated to such Tranche of Class A Notes pursuant to subsection 3.06(a) and then reallocated to Class B Notes pursuant to subsection 3.06(b) on such First Note Transfer Date; plus 

(c) the amount of CHASEseries Available Principal Collections reallocated on such First Note Transfer Date that will be deposited in the
Interest Funding Sub-Account for such Tranche of Class A Notes pursuant to subsection 3.09(a) on the applicable Note Transfer Date for such Tranche of Class A Notes which did not result in a Class A Usage of Class C Required
Subordinated Amount for such Tranche of Class A Notes on such First Note Transfer Date; plus 
 (d) the amount of CHASEseries Available
Principal Collections reallocated to pay any amount to the Servicer for such Tranche of Class A Notes pursuant to subsection 3.09(c) on such First Note Transfer Date which did not result in a Class A Usage of Class C Required Subordinated
Amount for such Tranche of Class A Notes on such First Note Transfer Date; minus 
 (e) an amount (not to exceed the Class A Usage
of Class B Required Subordinated Amount for such Tranche of Class A Notes after giving effect to the amounts computed pursuant to clauses (a) through (d) above) equal to the sum of (x) the product of (A) a fraction, the
numerator of which is the Class A Usage of Class B Required Subordinated Amount for such Tranche of Class A Notes (prior to giving effect to any reimbursement of a Nominal Liquidation Amount Deficit of any Tranche of Class B Notes on such
First Note Transfer Date) and the denominator of which is the aggregate Nominal Liquidation Amount Deficits of all Tranches of Class B Notes (prior to giving effect to any reimbursement of a Nominal Liquidation Amount Deficit of any Tranche of Class
B Notes on such First Note Transfer Date), times (B) the aggregate amount of the Nominal Liquidation Amount Deficits of all Tranches of Class B Notes which are reimbursed pursuant to subsection 3.07(b) on such First Note Transfer Date, plus
(y) if 

  
 7 

 
the aggregate Class A Usage of Class B Required Subordinated Amount for all Tranches of Class A Notes (prior to giving effect to any reimbursement of a Nominal Liquidation Amount
Deficit of any Tranche of Class B Notes on such First Note Transfer Date) exceeds the aggregate Nominal Liquidation Amount Deficits of all Tranches of Class B Notes (prior to giving effect to any reimbursement of a Nominal Liquidation Amount Deficit
of any Tranche of Class B Notes on such First Note Transfer Date), the product of: 
 (A) a fraction, the numerator of which is the amount
of such excess and the denominator of which is the aggregate Nominal Liquidation Amount Deficits of all Tranches of Class C Notes (prior to giving effect to any reimbursement of a Nominal Liquidation Amount Deficit of any Tranche of Class C Notes on
such First Note Transfer Date); times 
 (B) the aggregate amount of the Nominal Liquidation Amount Deficits of all Tranches of Class C
Notes which are reimbursed on such First Note Transfer Date pursuant to subsection 3.07(c); times 
 (C) a fraction, the numerator of which
is the Class A Usage of Class B Required Subordinated Amount for such Tranche of Class A Notes (prior to giving effect to such reimbursement) and the denominator of which is the Class A Usage of Class B Required Subordinated Amount
for all Tranches of Class A Notes (prior to giving effect to such reimbursement). 
 “Class A Usage of Class C Required
Subordinated Amount” means, with respect to any Tranche of Outstanding Class A Notes, (x) on the date of issuance of such Tranche, and on each date to but not including the initial First Note Transfer Date for such Tranche, zero
and (y) on each date in the period from and including the initial First Note Transfer Date for such Tranche to but not including the second First Note Transfer Date for such Tranche, the sum of the amounts set forth below and (z) on each
date in the period from and including the second or any subsequent First Note Transfer Date for such Tranche to but not including the next succeeding First Note Transfer Date, the Class A Usage of Class C Required Subordinated Amount as of the
close of business on the prior First Note Transfer Date plus the sum of the amounts set forth below (in each case, such amount shall not exceed the Class A Unused Subordinated Amount of Class C Notes for such Tranche of Class A Notes after
giving effect to the previous clauses, if any): 
 (a) an amount equal to the product of (A) a fraction, the numerator of which is the
Class A Unused Subordinated Amount of Class C Notes for such Tranche of Class A Notes (as of the close of business on the last day of the prior Monthly Period) and the denominator of which is the aggregate Nominal Liquidation Amount of all
Tranches of Class C Notes (as of the close of business on the last day of the prior Monthly Period), times (B) the amount of Investor Charge-Offs initially allocated to Class C Notes pursuant to subsection 3.06(a) on such First Note Transfer
Date; plus 
 (b) the amount of Investor Charge-Offs initially allocated to such Tranche of Class A Notes pursuant to subsection 3.06(a)
and then reallocated to Class C Notes pursuant to subsection 3.06(b) on such First Note Transfer Date; plus 

  
 8 

 (c) an amount equal to the product of (A) a fraction, the numerator of which is the
Class A Unused Subordinated Amount of Class B Notes for such Tranche of Class A Notes (as of the close of business on the last day of the prior Monthly Period) and the denominator of which is the aggregate Nominal Liquidation Amount of all
Tranches of Class B Notes (as of the close of business on the last day of the prior Monthly Period), times (B) the amount of Investor Charge-Offs initially allocated to Class B Notes pursuant to subsection 3.06(a) on such First Note Transfer
Date; plus 
 (d) the amount of CHASEseries Available Principal Collections reallocated on such First Note Transfer Date that will be
deposited in the Interest Funding Sub-Account for such Tranche of Class A Notes pursuant to subsection 3.09(a) on the applicable Note Transfer Date for such Tranche of Class A Notes; plus 

(e) an amount equal to the product of (A) a fraction, the numerator of which is the Class A Unused Subordinated Amount of Class B
Notes for such Tranche of Class A Notes (as of the close of business on the last day of the prior Monthly Period) and the denominator of which is the aggregate Nominal Liquidation Amount of all Tranches of Class B Notes (as of the close of
business on the last day of the prior Monthly Period), times (B) the amount of CHASEseries Available Principal Collections reallocated on such First Note Transfer Date that will be deposited in the Interest Funding Sub-Account for any Tranche
of Class B Notes pursuant to subsection 3.09(b) on the applicable Note Transfer Date for such Tranche of Class B Notes; plus 
 (f) the
amount of CHASEseries Available Principal Collections reallocated to pay any amount to the Servicer for such Tranche of Class A Notes pursuant to subsection 3.09(c) on such First Note Transfer Date; plus 

(g) an amount equal to the product of (A) a fraction, the numerator of which is the Class A Unused Subordinated Amount of Class B
Notes for such Tranche of Class A Notes (as of the close of business on the last day of the prior Monthly Period) and the denominator of which is the aggregate Nominal Liquidation Amount of all Tranches of Class B Notes (as of the close of
business on the last day of the prior Monthly Period), times (B) the amount of CHASEseries Available Principal Collections reallocated to pay any amount to the Servicer for any Tranche of Class B Notes pursuant to subsection 3.09(d) on such
First Note Transfer Date; minus 
 (h) an amount for such Tranche of Class A Notes (not to exceed the Class A Usage of Class C
Required Subordinated Amount for such Tranche of Class A Notes after giving effect to the amounts computed pursuant to clauses (a) through (g) above) equal to the product of (A) a fraction, the numerator of which is the
Class A Usage of Class C Required Subordinated Amount for such Tranche of Class A Notes (prior to giving effect to any reimbursement of a Nominal Liquidation Amount Deficit of any Tranche of Class C Notes on such First Note Transfer Date)
and the denominator of which is the aggregate Nominal Liquidation Amount Deficits of all Tranches of Class C Notes (prior to giving effect to any reimbursement of a Nominal Liquidation Amount Deficit of any Tranche of Class C Notes on such First
Note Transfer Date), times (B) the aggregate Nominal Liquidation Amount Deficits of all Tranches of Class C Notes which are reimbursed pursuant to subsection 3.07(c) on such First Note Transfer Date. 

  
 9 

 “Class B Allocation Percentage” means, with respect to any Monthly Period, for
the Class B Notes, a fraction, the numerator of which is equal to the sum of (1) for all Tranches of Class B Notes in an Amortization Period (exclusive of (x) any Tranche of Class B Notes which will be paid in full during such Monthly
Period and (y) any Tranche of Class B Notes which will have a Nominal Liquidation Amount of zero during such Monthly Period), the sum of the Nominal Liquidation Amounts of all such Tranches of Class B Notes as of the close of business on the
last day prior to the commencement of the most recent Amortization Period for such Tranche of Class B Notes plus (2) for all other Tranches of Class B Notes, the sum of (a) the Nominal Liquidation Amount of such Tranche of Class B Notes as
of the close of business on the last day of the immediately preceding Monthly Period, or with respect to the first Monthly Period for any Tranche of Class B Notes, the Initial Dollar Principal Amount of such Tranche of Class B Notes plus
(b) the aggregate amount of any increase in the Nominal Liquidation Amount of such Tranche of Class B Notes due to (x) the issuance of additional Class B Notes of such Tranche during such Monthly Period or (y) the accretion of
principal on such Tranche of Class B CHASEseries Discount Notes during such Monthly Period or (z) the release of Prefunding Excess Amounts (other than Prefunding Excess Amounts deposited during such Monthly Period) for such Tranche of Class B
Notes from the applicable Principal Funding Sub-Account, during such Monthly Period and the denominator of which is the numerator of the CHASEseries Principal Allocation Percentage for such Monthly Period. 

“Class B Note” means a CHASEseries Note specified in the applicable Terms Document as belonging to Class B. 

“Class B Required Subordinated Amount” means, with respect to any Tranche of Class B Notes on any date, the aggregate Nominal
Liquidation Amount of Class C Notes as specified in the applicable Terms Document for such Tranche of Class B Notes, that is required to be Outstanding and available on any date in each Monthly Period during which such Tranche of Class B Notes is
Outstanding. 
 “Class B Unused Subordinated Amount of Class C Notes” means, with respect to any Tranche of Outstanding
Class B Notes on any date, an amount equal to the Class B Required Subordinated Amount of Class C Notes minus the Class B Usage of the Class C Required Subordinated Amount, each as of such date. 

“Class B Usage of Class C Required Subordinated Amount” means, with respect to any Tranche of Outstanding Class B Notes,
(x) on the date of issuance of such Tranche and on each date to but not including the initial First Note Transfer Date for such Tranche, zero and (y) on each date in the period from and including the initial First Note Transfer Date for
such Tranche to but not including the second First Note Transfer Date for such Tranche, the sum of the amounts set forth below and (z) on each date in the period from and including the second or any subsequent First Note Transfer Date for such
Tranche to but not including the next succeeding First Note Transfer Date, the Class B 

  
 10 

 
Usage of Class C Required Subordinated Amount as of the close of business on the prior First Note Transfer Date plus the sum of the amounts set forth below (in each case, such amount shall not
exceed the Class B Unused Subordinated Amount of Class C Notes for such Tranche of Class B Notes after giving effect to the previous clauses, if any): 

(a) an amount equal to the product of (A) a fraction, the numerator of which is the Class B Unused Subordinated Amount of Class C Notes
for such Tranche of Class B Notes (as of the close of business on the last day of the prior Monthly Period) and the denominator of which is the aggregate Nominal Liquidation Amount of all Tranches of Class C Notes (as of the close of business on the
last day of the prior Monthly Period), times (B) the amount of Investor Charge-Offs initially allocated to the Class C Notes pursuant to subsection 3.06(a) on such First Note Transfer Date; plus 

(b) an amount equal to the product of (A) a fraction, the numerator of which is the Nominal Liquidation Amount of such Tranche of Class B
Notes (as of the close of business on the last day of the prior Monthly Period) and the denominator of which is the aggregate Nominal Liquidation Amount of all Tranches of Class B Notes (as of the close of business on the last day of the prior
Monthly Period), times (B) the sum of (i) the amount of Investor Charge-Offs initially allocated on such First Note Transfer Date to any Tranche of Class A Notes that has a Class A Unused Subordinated Amount of Class B Notes that
was included in Class A Usage of Class C Required Subordinated Amount plus (ii) the amount of Investor Charge-Offs initially allocated on such First Note Transfer Date to any Tranche of Class A Notes that has a Class A Unused
Subordinated Amount of Class B Notes that was included in Class A Usage of Class B Required Subordinated Amount; plus 
 (c) the amount
of Investor Charge-Offs initially allocated to such Tranche of Class B Notes pursuant to subsection 3.06(a), and then reallocated to Class C Notes pursuant to subsection 3.06(b) on such First Note Transfer Date; plus 

(d) an amount equal to the product of (A) a fraction, the numerator of which is the Nominal Liquidation Amount of such Tranche of Class B
Notes (as of the close of business on the last day of the prior Monthly Period) and the denominator of which is the aggregate Nominal Liquidation Amount of all Tranches of Class B Notes (as of the close of business on the last day of the prior
Monthly Period), times (B) the amount of CHASEseries Available Principal Collections reallocated on such First Note Transfer Date that will be deposited in the Interest Funding Sub-Account for any Tranche of Class A Notes that has a
Class A Unused Subordinated Amount of Class B Notes pursuant to subsection 3.09(a) on the applicable Note Transfer Date for such Tranche of Class A Notes; plus 

(e) the amount of CHASEseries Available Principal Collections reallocated on such First Note Transfer Date that will be deposited in the
Interest Funding Sub-Account for such Tranche of Class B Notes pursuant to subsection 3.09(b) on the applicable Note Transfer Date for such Tranche of Class B Notes; plus 

  
 11 

 (f) an amount equal to the product of (A) a fraction, the numerator of which is the Nominal
Liquidation Amount of such Tranche of Class B Notes (as of the close of business on the last day of the prior Monthly Period) and the denominator of which is the aggregate Nominal Liquidation Amount of all Tranches of Class B Notes (as of the close
of business on the last day of the prior Monthly Period), times (B) the amount of CHASEseries Available Principal Collections reallocated to pay any amount to the Servicer for any Tranche of Class A Notes that has a Class A Unused
Subordinated Amount of Class B Notes, pursuant to subsection 3.09(c) on such First Note Transfer Date; plus 
 (g) the amount of CHASEseries
Available Principal Collections reallocated to pay any amount to the Servicer for such Tranche of Class B Notes pursuant to subsection 3.09(d) on such First Note Transfer Date; minus 

(h) an amount for such Tranche of Class B Notes (not to exceed the Class B Usage of Class C Required Subordinated Amount for such Tranche of
Class B Notes after giving effect to the amounts computed pursuant to clauses (a) through (g) above) equal to the product of (A) a fraction, the numerator of which is the Class B Usage of Class C Required Subordinated Amount for such
Tranche of Class B Notes (prior to giving effect to any reimbursement of a Nominal Liquidation Amount Deficit of any Tranche of Class C Notes on such First Note Transfer Date) and the denominator of which is the aggregate Nominal Liquidation Amount
Deficits of all Tranches of Class C Notes (prior to giving effect to any reimbursement of a Nominal Liquidation Amount Deficit of any Tranche of Class C Notes on such First Note Transfer Date), times (B) the aggregate Nominal Liquidation Amount
Deficits of all Tranches of Class C Notes which are reimbursed pursuant to subsection 3.07(c) on such First Note Transfer Date. 

“Class C Allocation Percentage” means, with respect to any Monthly Period, for the Class C Notes, a fraction, the numerator
of which is equal to the sum of (1) for all Tranches of Class C Notes in an Amortization Period (exclusive of (x) any Tranche of Class C Notes which will be paid in full during such Monthly Period and (y) any Tranche of Class C Notes
which will have a Nominal Liquidation Amount of zero during such Monthly Period), the sum of the Nominal Liquidation Amounts of all such Tranches of Class C Notes as of the close of business on the last day prior to the commencement of the most
recent Amortization Period for such Tranche of Class C Notes plus (2) for all other Tranches of Class C Notes, the sum of (a) the Nominal Liquidation Amount of such Tranche of Class C Notes as of the close of business on the last day of
the immediately preceding Monthly Period, or with respect to the first Monthly Period for any Tranche of Class C Notes, the Initial Dollar Principal Amount of such Tranche of Class C Notes plus (b) the aggregate amount of any increase in the
Nominal Liquidation Amount of such Tranche of Class C Notes due to (x) the issuance of additional Class C Notes of such Tranche during such Monthly Period or (y) the accretion of principal on such Tranche of Class C CHASEseries Discount
Notes during such Monthly Period and the denominator of which is the numerator of the CHASEseries Principal Allocation Percentage for such Monthly Period. 

  
 12 

 “Class C Note” means a CHASEseries Note specified in the applicable Terms
Document as belonging to Class C. 
 “Class C Reserve Account” means the trust bank account designated as such and
established pursuant to subsection 5.01(a). 
 “Class C Reserve Sub-Account” means, with respect to a Tranche of Class C
Notes, a Sub-Account to the Class C Reserve Account established pursuant to subsection 5.01(a). 
 “Controlled Accumulation
Amount” means, with respect to any Monthly Period for any Tranche of CHASEseries Notes, the amount defined in the applicable Terms Document for such Tranche of CHASEseries Notes; provided, however, that if the Accumulation
Period Length with respect to such Tranche is determined to be less than twelve (12) months pursuant to subsection 3.12(b)(ii), the Controlled Accumulation Amount for such Tranche of CHASEseries Notes will be equal to (x) the Initial
Dollar Principal Amount of such Tranche of CHASEseries Notes, divided by (y) the Accumulation Period Length. 
 “Derivative
Counterparty” has the meaning specified in the Indenture or, with respect to any Class or Tranche of CHASEseries Notes, means the entity identified in the applicable Terms Document for such Class or Tranche of CHASEseries Notes. 

“Early Amortization Event” means, with respect to a Series, Class or Tranche of CHASEseries Notes, the events specified in
Section 4.01 hereof and Section 11.01 of the Indenture. 
 “Excess Spread Percentage” means, with respect to the
CHASEseries, as determined on each Determination Date, the amount, if any, by which the Portfolio Yield for the related Monthly Period exceeds the Base Rate for such Monthly Period. 

“Floating Allocation Percentage” means, with respect to the CHASEseries Notes, the CHASEseries Floating Allocation Percentage
and has, with respect to any other Series of Asset Pool One Notes, the meaning specified in the applicable Indenture Supplement for such Series of Asset Pool One Notes. 

“Indenture” means the Fourth Amended and Restated Indenture, dated as of __, 2016, between the Issuing Entity and the
Indenture Trustee. 
 “Interest Funding Account” means the trust bank account designated as such and established pursuant
to subsection 5.01(a). 
 “Interest Funding Sub-Account” means each Sub-Account to the Interest Funding Account established
pursuant to subsection 5.01(a). 
 “Interest Funding Sub-Account Earnings” means, with respect to any Monthly Period and
any Tranche of CHASEseries Notes and the related Interest Funding Sub-Account, as determined on the related Determination Date, the investment earnings 

  
 13 

 
on funds in such Interest Funding Sub-Account (net of investment expenses and losses) for the period from and including the Business Day preceding the Monthly Interest Accrual Date for such
Tranche of CHASEseries Notes in such Monthly Period to but excluding the Business Day preceding the Monthly Interest Accrual Date for such Tranche of CHASEseries Notes in the immediately succeeding Monthly Period. 

“Interest Payment Date” has, with respect to any Class or Tranche of CHASEseries Notes, the meaning specified in the
applicable Terms Document for such Class or Tranche of CHASEseries Notes. 
 “Investor Charge-Off” means, with respect to
the First Note Transfer Date in each Monthly Period, the aggregate amount, if any, by which the CHASEseries Default Amount, if any, for the preceding Monthly Period exceeds the CHASEseries Available Finance Charge Collections for such Monthly Period
available after giving effect to clauses (a) and (b) of Section 3.02. 
 “Issuance Proceeds” means, with
respect to any Class or Tranche of CHASEseries Notes, the proceeds of the sale of CHASEseries Notes with respect to such Class or Tranche pursuant to the Indenture. 

“Legal Maturity Date” has, with respect to any Class or Tranche of CHASEseries Notes, the meaning specified in the applicable
Terms Document for such Class or Tranche of CHASEseries Notes. 
 “Master Owner Trust Servicer Default” means a
“Servicer Default” as defined in the Transfer and Servicing Agreement. 
 “Monthly Interest Accrual Date” means,
with respect to any Class or Tranche of CHASEseries Notes: 
 (a) each Interest Payment Date for such Class or Tranche of CHASEseries Notes,
and 
 (b) for any Monthly Period in which no Interest Payment Date occurs for such Class or Tranche of CHASEseries Notes, the date in such
Monthly Period corresponding numerically to the next Interest Payment Date for such Class or Tranche of CHASEseries Notes (or, if such Interest Payment Date is later than it otherwise would be because such Interest Payment Date would have fallen on
a day that is not a Business Day, the date in such Monthly Period corresponding numerically to the date on which the Interest Payment Date would have fallen had it been a Business Day for such Class or Tranche of CHASEseries Notes), or as otherwise
specified in the applicable Terms Document for such Class or Tranche of CHASEseries Notes; provided, however, that: 
 (i) for
the Monthly Period in which a Class or Tranche of CHASEseries Notes is issued, the date of issuance of such Class or Tranche of CHASEseries Notes will be the first Monthly Interest Accrual Date for such Monthly Period for such Class or Tranche of
CHASEseries Notes, 

  
 14 

 (ii) any date on which proceeds from a sale of Collateral following an Event of Default and
acceleration of any Class or Tranche of CHASEseries Notes are deposited into the Interest Funding Sub-Account for such Class or Tranche of CHASEseries Notes will be a Monthly Interest Accrual Date for such Class or Tranche of CHASEseries Notes, 

(iii) if there is no numerically corresponding date in such Monthly Period, then the Monthly Interest Accrual Date will be the last Business
Day of such Monthly Period, and 
 (iv) if such numerically corresponding date in such Monthly Period is not a Business Day, the Monthly
Interest Accrual Date will be the next following Business Day (unless such Business Day would fall in the following Monthly Period in which case the Monthly Interest Accrual Date will be the last Business Day of such earlier Monthly Period). 

“Monthly Principal Accrual Date” means, with respect to any Class or Tranche of CHASEseries Notes: 

(a) for any Monthly Period in which a Scheduled Principal Payment Date for such Class or Tranche of CHASEseries Note occurs, such Scheduled
Principal Payment Date, and 
 (b) for any Monthly Period in which no Scheduled Principal Payment Date occurs for such Class or Tranche of
CHASEseries Notes, the date in such Monthly Period corresponding numerically to the Scheduled Principal Payment Date (or, if the Scheduled Principal Payment Date is later than it otherwise would be because the Scheduled Principal Payment Date would
have fallen on a day that is not a Business Day, the date in such Monthly Period corresponding numerically to the date on which the Scheduled Principal Payment Date would have fallen had it been a Business Day for such Class or Tranche of
CHASEseries Notes); provided, however, that: 
 (i) any date on which Prefunding Excess Amounts are released from any
Principal Funding Account or applicable Principal Funding Sub-Account on or after the Scheduled Principal Payment Date for such Class or Tranche of CHASEseries Notes will be a Monthly Principal Accrual Date for such Class or Tranche of CHASEseries
Notes, 
 (ii) any date on which proceeds from a sale of Collateral following an Event of Default and acceleration of any Class or Tranche
of CHASEseries Notes are deposited into the Principal Funding Account or applicable Principal Funding Sub-Account for such Class or Tranche of CHASEseries Notes will be a Monthly Principal Accrual Date for such Class or Tranche of CHASEseries Notes,

 (iii) if there is no numerically corresponding date in such Monthly Period, then the Monthly Principal Accrual Date will be the last
Business Day of such Monthly Period, and 

  
 15 

 (iv) if such numerically corresponding date in such Monthly Period is not a Business Day, the
Monthly Principal Accrual Date will be the next following Business Day (unless such Business Day would fall in the following month in which case the Monthly Principal Accrual Date will be the last Business Day of such earlier Monthly Period). 

“Nominal Liquidation Amount” means, with respect to any Tranche of CHASEseries Notes, the amount calculated pursuant to
Section 3.18. The Nominal Liquidation Amount of a Class of CHASEseries Notes will be the sum of the Nominal Liquidation Amounts of all the Tranches of CHASEseries Notes of such Class. The Nominal Liquidation Amount of the CHASEseries will be
the sum of the Nominal Liquidation Amounts of all of the Tranches of CHASEseries Notes. 
 “Nominal Liquidation Amount
Deficit” means, with respect to any Tranche of CHASEseries Notes, the excess of the Adjusted Outstanding Dollar Principal Amount of that Tranche over the Nominal Liquidation Amount of that Tranche. 

“Noteholder Percentage” means, with respect to the CHASEseries, for any Monthly Period, (a) with respect to Finance
Charge Collections, the Default Amount and the Asset Pool One Servicing Fee, the CHASEseries Floating Allocation Percentage and (b) with respect to Principal Collections, the CHASEseries Principal Allocation Percentage. 

“Portfolio Yield” means, for any Monthly Period, the annualized percentage equivalent of a fraction: 

(1) the numerator of which is equal to the sum of: 

(a) Asset Pool One Finance Charge Collections allocated to the CHASEseries and Dollar payments received under Derivative Agreements in respect
of CHASEseries Notes for interest with respect to such Monthly Period; plus 
 (b) the investment earnings on amounts on deposit in the
Collection Account and the Excess Funding Account allocated to the CHASEseries for such Monthly Period; plus 
 (c) the aggregate amount of
Interest Funding Sub-Account Earnings for all Tranches of CHASEseries Notes for such Monthly Period; plus 
 (d) any amounts to be treated
as CHASEseries Available Finance Charge Collections remaining in any Interest Funding Sub-Account after a sale of Collateral during such Monthly Period as described in subsection 3.05(c)(ii), subsection 3.22(c)(ii) and subsection 3.22(d); minus 

(e) the aggregate of (i) the excess, if any, of the sum of the Principal Funding Sub-Account Earnings Shortfalls for all Tranches of
CHASEseries Notes for such Monthly Period over (ii) the Segregated CHASEseries Finance Charge Collections for the CHASEseries Notes for such Monthly Period available to cover such shortfalls pursuant to subsection 3.05(a) and Section 3.30;
minus 

  
 16 

 (f) the CHASEseries Default Amount for such Monthly Period; and 

(2) the denominator of which is the numerator used in the calculation of the CHASEseries Floating Allocation Percentage for such Monthly
Period. 
 “Prefunding Excess Amount” means, with respect to any Tranche of a Senior Class of CHASEseries Notes for any
date, after giving effect to all issuances, allocations, deposits and payments with respect to that date, the aggregate amount on deposit in the Principal Funding Sub-Account of such Tranche of CHASEseries Notes that is in excess of the aggregate
amount targeted to be on deposit in such Principal Funding Sub-Account pursuant to Section 3.12. 
 “Prefunding Target
Amount” means, with respect to the Class A Notes and the Class B Notes, the amount calculated pursuant to Section 3.23. 

“Principal Funding Account” means the trust bank account designated as such and established pursuant to subsection 5.01(a).

 “Principal Funding Sub-Account” means each Sub-Account to the Principal Funding Account established pursuant to
subsection 5.01(a). 
 “Principal Funding Sub-Account Earnings” means, with respect to any Monthly Period and any Tranche
of CHASEseries Notes and the applicable Principal Funding Sub-Account, as determined on the related Determination Date, the investment earnings on funds in such Principal Funding Sub-Account (net of investment expenses and losses), for the
applicable Principal Funding Sub-Account Earnings Accrual Period. 
 “Principal Funding Sub-Account Earnings Accrual
Period” means, with respect to any Monthly Period and any Tranche of CHASEseries Notes, beginning with the date the balance in the applicable Principal Funding Sub-Account for such Tranche of CHASEseries Notes exceeds zero and continuing
for so long as there is a positive balance in the applicable Principal Funding Sub-Account for such Tranche of CHASEseries Notes, the period from and including the Business Day preceding the Monthly Interest Accrual Date for such Tranche of
CHASEseries Notes in such Monthly Period to but excluding the Business Day preceding the Monthly Interest Accrual Date for such Tranche of CHASEseries Notes in the immediately succeeding Monthly Period. 

“Principal Funding Sub-Account Earnings Shortfall” means, with respect to any Monthly Period and any Tranche of CHASEseries
Notes and the applicable Principal Funding Sub-Account, as determined on the related Determination Date, (a) the Principal Funding Sub-Account Earnings Target for such Tranche of CHASEseries Notes for such Monthly Period, minus (b) the
Principal Funding Sub-Account Earnings for such Monthly Period; provided, however, in no event shall the Principal Funding Sub-Account Earnings Shortfall be less than zero; provided, further, that the Principal Funding
Sub-Account Earnings Shortfall for the first Principal Funding Sub-Account Earnings Accrual Period for any Tranche of CHASEseries Notes, with respect to such Monthly Period, shall be zero. 

  
 17 

 “Principal Funding Sub-Account Earnings Target” means, with respect to any
Monthly Period and any Tranche of CHASEseries Notes and the applicable Principal Funding Sub-Account as determined on the related Determination Date, the Dollar amount of interest that would have accrued on funds in such Principal Funding
Sub-Account for the applicable Principal Funding Sub-Account Earnings Accrual Period for such Tranche of CHASEseries Notes if it had borne interest at the following rates: 

(a) in the case of a Tranche of CHASEseries Dollar Notes that is an Interest-Bearing Note with no Derivative Agreement for interest, at the
rate of interest applicable to that Tranche for the applicable Principal Funding Sub-Account Earnings Accrual Period; 
 (b) in the case of a
Tranche of CHASEseries Notes with a Performing Derivative Agreement for interest, at the rate at which payments by the Issuing Entity to the applicable Derivative Counterparty accrue (prior to the netting of such payments, if applicable) for the
applicable Principal Funding Sub-Account Earnings Accrual Period; and 
 (c) in the case of a Tranche of CHASEseries Notes with a
non-Performing Derivative Agreement for interest, at the rate specified in the related Terms Document for the applicable Principal Funding Sub-Account Earnings Accrual Period. 

More than one of the aforementioned rates of interest may be applicable to amounts on deposit in a Principal Funding Sub-Account for a Tranche of CHASEseries
Notes. 
 “Remaining Series Finance Charge Shortfall” means, with respect to any Monthly Period as determined on the
related Determination Date, with respect to the CHASEseries, the excess, if any, of (a) the Series Available Finance Charge Collections Shortfall for such Monthly Period, over (b) the Shared Excess Available Finance Charge Collections from
other Series in Shared Excess Available Finance Charge Collections Group A allocated to the CHASEseries for such Monthly Period. 

“Remaining Series Principal Shortfall” means, with respect to any Monthly Period as determined on the related Determination
Date, with respect to the CHASEseries, the excess, if any, of (a) the Series Available Principal Collections Shortfall for such Monthly Period, over (b) the Shared Excess Available Principal Collections from other Series of Asset Pool One
Notes allocated to the CHASEseries for such Monthly Period. 
 “Required Excess Spread Percentage” means 0%;
provided, however, that the Issuing Entity may, from time to time, change such percentage (which will never be less than zero) (i) upon written notice to the Indenture Trustee, (ii) upon prior written confirmation from the
Note Rating Agencies that a Ratings Effect will not occur with respect to such change and (iii) provided the Issuing Entity reasonably believes, as evidenced by an Officer’s Certificate delivered to the Indenture Trustee, that such change
will not have an Adverse Effect. 

  
 18 

 “Required Subordinated Amount” means, with respect to any Tranche of a Senior
Class of CHASEseries Notes, the aggregate Nominal Liquidation Amount of a Subordinated Class of CHASEseries Notes, as specified in the applicable Terms Document for such Tranche of the Senior Class, that is required to be Outstanding and available
on any date in each Monthly Period during which the Senior Class is Outstanding. 
 “Revolving Period” means, with respect
to any Class or Tranche of CHASEseries Notes, each Monthly Period that is not part of the Amortization Period for that Class or Tranche of CHASEseries Notes. 

“Sales Proceeds” means, with respect to any Class or Tranche of CHASEseries Notes, the proceeds of the sale of Collateral
with respect to such Class or Tranche of CHASEseries Notes pursuant to Section 3.22. 
 “Scheduled Principal Payment
Date” has, with respect to any Class or Tranche of CHASEseries Notes, the meaning specified in the applicable Terms Document for such Class or Tranche of CHASEseries Notes. 

“Segregated CHASEseries Finance Charge Collections” means, with respect to any Monthly Period for any Tranche of CHASEseries
Notes with a Principal Funding Sub-Account Earnings Shortfall greater than zero for such Monthly Period, the product of (A) the Transferor Finance Charge Collections for such Monthly Period and (B) the percentage equivalent of a fraction
(i) the numerator of which is the amount of funds in the Principal Funding Sub-Account for such Tranche of CHASEseries Notes at the close of business on the last day of such Monthly Period and (ii) the denominator of which is equal to the
greater of (a) the aggregate amount of funds in the Principal Funding Sub-Account for all Tranches of CHASEseries Notes with a Principal Funding Sub-Account Earnings Shortfall greater than zero for such Monthly Period at the close of business
on the last day of such Monthly Period and (b) the denominator used in calculating the CHASEseries Floating Allocation Percentage for such Monthly Period minus the sum of the numerators used in calculating the Noteholder Percentages for the
allocation of Asset Pool One Finance Charge Collections for all Series of Asset Pool One Notes for such Monthly Period. 
 “Senior
Class” means (a) with respect to the Class B Notes, the Class A Notes, and (b) with respect to the Class C Notes, the Class A Notes and/or Class B Notes. 

“Series” has the meaning specified in the Indenture and, when used with respect to the Series of Notes issued pursuant to
this Indenture Supplement, means the CHASEseries. 
 “Series Available Finance Charge Collections Shortfall” means, with
respect to any Monthly Period as determined on the related Determination Date, (1) with respect to the CHASEseries, the excess, if any, of (a) the aggregate amount targeted to be 

  
 19 

 
paid or applied pursuant to subsections 3.02(a) through (f) over (b) the CHASEseries Available Finance Charge Collections with respect to such Monthly Period (excluding any amounts to
be applied in accordance with Section 3.27) and (2) with respect to any other Series, the amount set forth in the applicable Indenture Supplement for such Monthly Period; provided, however, that the Issuing Entity, when
authorized by an Officer’s Certificate, may amend or otherwise modify this definition of Series Available Finance Charge Collections Shortfall provided the Note Rating Agencies confirm in writing that the amendment or modification will not
cause a Ratings Effect with respect to any Outstanding CHASEseries Notes. 
 “Series Available Principal Collections
Shortfall” means, with respect to any Monthly Period as determined on the related Determination Date, (1) with respect to the CHASEseries, the excess, if any, of (a) the aggregate amount targeted to be paid or applied pursuant to
subsection 3.09(e) over (b) the CHASEseries Available Principal Collections (excluding any amounts to be applied in accordance with Sections 3.28 and 3.29) with respect to such Monthly Period remaining after application pursuant to subsections
3.09(a) through (d) and (2) with respect to any other Series of Asset Pool One Notes, the amount set forth in the applicable Indenture Supplement for such Monthly Period; provided, however, that the Issuing Entity, when
authorized by an Officer’s Certificate, may amend or otherwise modify this definition of Series Available Principal Collections Shortfall provided the Note Rating Agencies confirm in writing that the amendment or modification will not cause a
Ratings Effect with respect to any Outstanding CHASEseries Notes. 
 “Shared Excess Available Finance Charge Collections”
means, with respect to any Monthly Period as determined on the related Determination Date, with respect to Shared Excess Available Finance Charge Collections Group A, the sum of (i) the amount of CHASEseries Available Finance Charge Collections
with respect to such Monthly Period, available after application in accordance with subsections 3.02(a) through (f) and (ii) the Finance Charge Collections remaining after all required payments and deposits from all other Series identified
as belonging to Shared Excess Available Finance Charge Collections Group A which the applicable Indenture Supplements for such Series specify are to be treated as “Shared Excess Available Finance Charge Collections.” 

“Shared Excess Available Finance Charge Collections Group A” means the Shared Excess Available Finance Charge Collections
Group to which the CHASEseries has been designated for inclusion under subsection 3.27(a). 
 “Shared Excess Available Principal
Collections” means, with respect to any Monthly Period as determined on the related Determination Date, the sum of (i) with respect to the CHASEseries, the amount of CHASEseries Available Principal Collections (excluding any amounts to
be applied pursuant to Sections 3.28 and 3.29) for such Monthly Period available after application in accordance with subsections 3.09(a) through (e), (ii) with respect to any other Series of Asset Pool One Notes, the Asset Pool One Principal
Collections allocated to other Series of Notes in Asset Pool One remaining after all required payments and deposits, which the applicable Indenture Supplements for such Series specify are to be treated as “Shared Excess Available Principal
Collections” and (iii) the Excess Funding Amount for Asset Pool One (following any deposit or withdrawal made during such Monthly Period). 

  
 20 

 “Spot Exchange Rate” has the meaning specified in the related Terms Document.

 “Stated Principal Amount” has, with respect to any Class or Tranche of CHASEseries Notes, the meaning specified in the
related Terms Document for such Class or Tranche. 
 “Subordinated Class” means (a) with respect to the Class A
Notes, the Class B Notes and/or Class C Notes and (b) with respect to the Class B Notes, the Class C Notes. 
 “Targeted
Interest Deposit Amount” means, with respect to the CHASEseries Notes for any Note Transfer Date, the aggregate amount targeted to be deposited in the Interest Funding Account pursuant to Section 3.03 for such Note Transfer Date. 

“Targeted Principal Deposit Amount” means, with respect to the CHASEseries Notes for any Note Transfer Date, the aggregate
amount targeted to be deposited in the Principal Funding Account pursuant to Section 3.12 for such Note Transfer Date. 

“Transfer and Servicing Agreement” means the Fourth Amended and Restated Transfer and Servicing Agreement, dated as of
    , 2016, among Chase Bank USA, National Association, as servicer and administrator, Chase Card Funding LLC, as the transferor, the Issuing Entity, and Wells Fargo Bank, National Association, as Indenture Trustee and Collateral
Agent. 
 “Transferor Finance Charge Collections” means, with respect to any Monthly Period, the product of (x) the
Asset Pool One Transferor Percentage and (y) the sum of (i) the Asset Pool One Finance Charge Collections for such Monthly Period and (ii) the investment earnings for such Monthly Period on amounts on deposit in the Collection Account
and the Excess Funding Account established for the benefit of all Asset Pool One Notes. 
 “Trust Agreement” means the
Fourth Amended and Restated Trust Agreement, dated as of     , 2016, between Chase Card Funding LLC, as Transferor and Beneficiary, and Wilmington Trust Company, as Owner Trustee. 

Section 1.02 Governing Law. THIS INDENTURE SUPPLEMENT WILL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE
STATE OF DELAWARE WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 

  
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 Section 1.03 Counterparts. This Indenture Supplement may be executed in any number of
counterparts, each of which so executed will be deemed to be an original, but all such counterparts will together constitute but one and the same instrument. 

Section 1.04 Ratification of Indenture. As supplemented by this Indenture Supplement, the Indenture is in all respects ratified
and confirmed and the Indenture as so supplemented by this Indenture Supplement shall be read, taken and construed as one and the same instrument. 

[END OF ARTICLE I] 

  
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 ARTICLE II 

THE CHASESERIES NOTES 

Section 2.01 Creation and Designation. 

(a) There is a Series of Notes issued pursuant to the Indenture and this Indenture Supplement known as the “Chase Issuance Trust,
CHASEseries” or the “CHASEseries.” The CHASEseries is a multi-tranche Series that is issued in three Classes, the first of which shall be known as the “CHASEseries Class A Notes,” which notes shall belong to Class A;
the second of which shall be known as the “CHASEseries Class B Notes,” which notes shall belong to Class B; and the third of which shall be known as the “CHASEseries Class C Notes,” which notes shall belong to Class C. Each Class
of CHASEseries Notes may consist of one or more Tranches. 
 (b) The CHASEseries Notes shall be secured by the Collateral in Asset Pool One.
The CHASEseries shall be a Shared Excess Available Finance Charge Collections Series and shall be included in Shared Excess Available Finance Charge Collections Group A. The CHASEseries shall not be in any other Group (as defined in the Indenture).
The CHASEseries shall not be subordinated to any other Series of Notes secured by Asset Pool One. 
 (c) Notwithstanding the allocation
provisions of the Indenture, the Asset Pool One Supplement, each additional Asset Pool Supplement, this Indenture Supplement and the indenture supplements for each other Series of Notes, if any, to the extent that the CHASEseries Noteholders are
deemed to have any interest in any assets of the Issuing Entity allocated to other Notes, the CHASEseries Noteholders shall agree by acceptance of their CHASEseries Notes that their interest in those assets is subordinate to claims or rights of such
other Noteholders to those other assets. Further, the CHASEseries Noteholders shall agree by acceptance of their CHASEseries Notes that such agreement constitutes a subordination agreement for purposes of Section 510(a) of the Bankruptcy Code.

 Section 2.02 New Issuances of CHASEseries Notes. The Issuing Entity may issue new Tranches of CHASEseries Notes (including
additional CHASEseries Notes of an Outstanding Tranche), so long as the following conditions precedent are satisfied: 
 (i)
on or before the date that the new issuance is to occur, the Issuing Entity will have delivered to the Indenture Trustee and each Note Rating Agency a Terms Document relating to the applicable Tranche of CHASEseries Notes; 

  
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 (ii) if the issuance of CHASEseries Notes results in an increase in the targeted
deposit amount for any Class C Reserve Sub-Account for any Tranche of Class C Notes, on such issuance date the Issuing Entity will have funded such increase with a cash deposit to the Class C Reserve Sub-Account for such Tranche of Class C Notes;

 (iii) the conditions specified in Section 3.10 of the Indenture and Section 2.03 of this Indenture Supplement,
as applicable, are satisfied; and 
 (iv) any other conditions specified in the related Terms Document. 

Section 2.03 Required Subordinated Amount Conditions to Issuance of a Tranche of a Senior Class of CHASEseries Notes. 

(a) Class A Required Subordinated Amount of Class B Notes. On the issuance date of a Tranche of Class A Notes, immediately after
giving effect to such issuance, the available subordinated amount of Class B Notes for such Tranche of Class A Notes must be at least equal to the Class A Required Subordinated Amount of Class B Notes for such Tranche of Class A
Notes. For purposes of this Section 2.03, the available subordinated amount of Class B Notes for such Tranche of Class A Notes as of any date means: 

(i) the aggregate Nominal Liquidation Amount of all Outstanding Tranches of Class B Notes on that date, after giving effect to
any issuances, deposits, allocations, reallocations or payments to be made on that date; plus 
 (ii) the aggregate amount
of all Class A Usage of Class B Required Subordinated Amount by any Outstanding Tranche of Class A Notes on that date, after giving effect to any issuances, deposits, allocations, reallocations or payments to be made on that date; minus

 (iii) the aggregate amount of the Class A Required Subordinated Amount of Class B Notes for all other Tranches of
Outstanding Class A Notes on that date, after giving effect to any issuances, deposits, allocations, reallocations or payments with respect to Class A Notes to be made on that date. 

(b) Class A Required Subordinated Amount of Class C Notes. On the issuance date of a Tranche of Class A Notes, immediately after
giving effect to such issuance, the available subordinated amount of Class C Notes for such Tranche of Class A Notes must be at least equal to the Class A Required Subordinated Amount of Class C Notes for such Tranche of Class A
Notes. For purposes of this Section 2.03, the available subordinated amount of Class C Notes for such Tranche of Class A Notes as of any date means: 

(i) the aggregate Nominal Liquidation Amount of all Outstanding Tranches of Class C Notes on that date, after giving effect to
any issuances, deposits, allocations, reallocations or payments to be made on that date; plus 

  
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 (ii) the aggregate amount of all Class A Usage of Class C Required
Subordinated Amount by any Outstanding Tranche of Class A Notes on that date, after giving effect to any issuances, deposits, allocations, reallocations or payments to be made on that date; minus 

(iii) the aggregate amount of Class A Required Subordinated Amount of Class C Notes for all other Tranches of Outstanding
Class A Notes on that date, after giving effect to any issuances, deposits, allocations, reallocations or payments to be made on that date. 

(c) Class B Required Subordinated Amount of Class C Notes. On the issuance date of a Tranche of Class B Notes, immediately after giving effect
to such issuance, the available subordinated amount of Class C Notes for such Tranche of Class B Notes must be at least equal to the Class B Required Subordinated Amount of Class C Notes for such Tranche of Class B Notes. For purposes of this
Section 2.03, the available subordinated amount of Class C Notes for such Tranche of Class B Notes as of any date means: 

(i) the aggregate Nominal Liquidation Amount of all Outstanding Tranches of Class C Notes on that date, after giving effect to
any issuances, deposits, allocations, reallocations or payments to be made on that date; plus 
 (ii) the sum of
(x) the aggregate amount of all Class B Usage of Class C Required Subordinated Amount by any Outstanding Tranche of Class B Notes on that date and (y) the aggregate amount of Class A Usage of Class C Required Subordinated Amount by
any Outstanding Tranche of Class A Notes with a Class A Required Subordinated Amount of Class B Notes equal to zero, after giving effect to any issuances, deposits, allocations, reallocations or payments to be made on that date; minus 

(iii) the sum of (x) the aggregate amount of Class B Required Subordinated Amount of Class C Notes for all other Tranches
of Outstanding Class B Notes on that date and (y) the aggregate amount of Class A Required Subordinated Amount of Class C Notes for all Outstanding Tranches of Class A Notes with a Class A Required Subordinated Amount of Class B
Notes equal to zero, after giving effect to any issuances, deposits, allocations, reallocations or payments to be made on that date. 
 (d)
Alteration of the Required Subordinated Amount. The Issuing Entity shall be permitted to change the Required Subordinated Amount for any Tranche of CHASEseries Notes, or the method of computing the Required Subordinated Amount at any time without
the consent of Noteholders provided the conditions specified in Section 3.11 of the Indenture are satisfied. 
 [END OF ARTICLE II] 

  
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 ARTICLE III 

ALLOCATIONS, DEPOSITS AND PAYMENTS 

Section 3.01 Allocations of Asset Pool One Finance Charge Collections and the Asset Pool One Default Amount to the
CHASEseries Notes. 
 (a) With respect to each Monthly Period, the Collateral Agent, at the written direction of the Servicer, shall
allocate to the CHASEseries Notes or any Class or Tranche of CHASEseries Notes an amount equal to the product of (i) the CHASEseries Floating Allocation Percentage and (ii) the sum of the Asset Pool One Finance Charge Collections for such
Monthly Period and the investment earnings for such Monthly Period on amounts on deposit in the Collection Account and the Excess Funding Account established for the benefit of all Asset Pool One Notes. 

(b) With respect to each Monthly Period, the Collateral Agent, at the written direction of the Servicer, shall allocate to the CHASEseries
Notes an amount equal to the CHASEseries Default Amount for such Monthly Period. 
 (c) With respect to each Monthly Period, the Collateral
Agent, at the written direction of the Servicer, shall allocate to the CHASEseries Notes an amount equal to the CHASEseries Servicing Fee for such Monthly Period. 

Section 3.02 Allocations of CHASEseries Available Finance Charge Collections. With respect to each Monthly Period, the Indenture
Trustee, at the written direction of the Servicer, will apply an amount equal to the sum of (i) Asset Pool One Finance Charge Collections allocated to the CHASEseries pursuant to subsection 3.01(a), (ii) any amounts to be treated as
CHASEseries Available Finance Charge Collections pursuant to subsections 3.05(a) and 3.22(d), (iii) any Shared Excess Available Finance Charge Collections from other Series in Shared Excess Available Finance Charge Collections Group A allocated
to the CHASEseries pursuant to Section 3.27 and (iv) any amounts to be treated as CHASEseries Available Finance Charge Collections pursuant to any Terms Document (such amounts, the “CHASEseries Available Finance Charge
Collections”) as follows: 
 (a) first, on the applicable Note Transfer Date for each Tranche of CHASEseries Notes, to make the
targeted deposits to the Interest Funding Account pursuant to Section 3.03; 
 (b) second, on the First Note Transfer Date, to pay to
the Servicer the CHASEseries Servicing Fee plus any previously due and unpaid CHASEseries Servicing Fee; 
 (c) third, on the First Note
Transfer Date, to be treated as CHASEseries Available Principal Collections for application in accordance with Section 3.09 in an amount equal to the CHASEseries Default Amount for the related Monthly Period; 

  
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 (d) fourth, on the First Note Transfer Date, to be treated as CHASEseries Available Principal
Collections pursuant to Section 3.07 for application in accordance with Section 3.09 in an amount equal to the aggregate Nominal Liquidation Amount Deficit, if any, of the CHASEseries Notes; 

(e) fifth, on the applicable Note Transfer Date for each Tranche of Class C Notes, to make the targeted deposit to the Class C Reserve
Account, if any, pursuant to Section 3.24; 
 (f) sixth, on the applicable Note Transfer Date for each Tranche of CHASEseries Notes, to
make any other payments or deposits required by the Terms Documents of any Class or Tranche of CHASEseries Notes; 
 (g) seventh, on the
First Note Transfer Date, to be treated as Shared Excess Available Finance Charge Collections for application in accordance with Section 3.27; 

(h) eighth, on the First Note Transfer Date, to be applied pursuant to Section 3.13 of the Indenture as “Unapplied Excess Finance
Charge Collections” from Shared Excess Available Finance Charge Collections Group A; and 
 (i) ninth, on the First Note Transfer Date,
to the Transferor. 
 Section 3.03 Targeted Deposits to the Interest Funding Account. The deposit targeted pursuant to
subsection 3.02(a) with respect to any Monthly Period to be deposited to the Interest Funding Account on the applicable Note Transfer Date in the following Monthly Period for each Tranche of CHASEseries Notes shall equal the sum of the following
amounts. A single Tranche of CHASEseries Notes may be entitled to more than one of the following targeted deposits. The targeted deposit with respect to any Monthly Period shall also include any shortfall in the targeted deposit with respect to any
prior Monthly Period which has not been previously deposited. 
 (a) Interest Payments. The deposit targeted for any Tranche of
Outstanding Interest-bearing Notes with respect to any Monthly Period to be deposited on the applicable Note Transfer Date will be equal to the amount of interest accrued on the Outstanding Dollar Principal Amount of that Tranche of CHASEseries
Notes during the period from and including the Monthly Interest Accrual Date in such Monthly Period (or, in the case of the first Monthly Interest Accrual Date with respect to that Tranche of CHASEseries Notes, from and including the date of
issuance of that Tranche of CHASEseries Notes) to but excluding the Monthly Interest Accrual Date in the following Monthly Period. 
 (b)
Amounts Owed to Derivative Counterparties. If a Tranche of Outstanding CHASEseries Dollar Notes or CHASEseries Foreign Currency Notes that has a Performing or non-Performing Derivative Agreement for interest provides for a

  
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payment to the applicable Derivative Counterparty, the deposit targeted for that Tranche of CHASEseries Notes with respect to such Monthly Period to be deposited on the applicable Note Transfer
Date with respect to any payment to the Derivative Counterparty will be specified in the applicable Terms Document for such Tranche of CHASEseries Notes. 

(c) [RESERVED] 
 (d)
Specified Deposits. If the Terms Document for a Tranche of CHASEseries Notes specifies a deposit in addition to or different from the deposits described above to be made to the Interest Funding Sub-Account for that Tranche of CHASEseries
Notes, the deposit targeted for that Tranche of CHASEseries Notes with respect to such Monthly Period and the applicable Note Transfer Date will be such specified amount. 

(e) Additional Interest. Unless otherwise specified in the applicable Terms Document, the deposit targeted for any Tranche of
Outstanding Notes that has accrued and overdue interest will include the interest accrued on that overdue interest during the period from and including the prior Monthly Interest Accrual Date to but excluding the current Monthly Interest Accrual
Date at the rate of interest applicable to the principal of such Tranche during that period. 
 Section 3.04 Allocations of
CHASEseries Available Finance Charge Collections to the Interest Funding Account and to the Interest Funding Sub-Accounts. The aggregate amount to be deposited to the Interest Funding Account pursuant to subsection 3.02(a) will, at the written
direction of the Servicer, be allocated, and a portion deposited, into the Interest Funding Sub-Account for each Tranche of CHASEseries Notes on the applicable Note Transfer Date as follows: 

(a) CHASEseries Available Finance Charge Collections at Least Equal to or Greater Than Targeted Amounts. If the amount of funds
available for a Monthly Period pursuant to Section 3.02 is at least equal to or greater than the aggregate amount of the deposits and payments targeted by Section 3.03 with respect to such Monthly Period, then the full amount of each such
deposit and payment will be made to the applicable Interest Funding Sub-Accounts. 
 (b) CHASEseries Available Finance Charge Collections
are Less than Targeted Amounts. If the amount of funds available for a Monthly Period pursuant to Section 3.02 is less than the aggregate amount of the deposits targeted by Section 3.03 with respect to such Monthly Period, then the
amount available will be allocated to each Tranche of CHASEseries Notes as follows: 
 (i) first, to each Tranche of
Class A Notes pro rata based on the ratio of (A) the aggregate amount of the deposits targeted by Section 3.03 with respect to that Tranche of Class A Notes, to (B) the aggregate amount of the deposits targeted by
Section 3.03 with respect to all Tranches of Class A Notes, and 

  
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 (ii) second, to each Tranche of Class B Notes pro rata based on the ratio of
(A) the aggregate amount of the deposits targeted by Section 3.03 with respect to that Tranche of Class B Notes, to (B) the aggregate amount of the deposits targeted by Section 3.03 with respect to all Tranches of Class B Notes,
and 
 (iii) third, to each Tranche of Class C Notes pro rata based on the ratio of (A) the aggregate amount of the
deposits targeted by Section 3.03 with respect to that Tranche of Class C Notes, to (B) the aggregate amount of the deposits targeted by Section 3.03 with respect to all Tranches of Class C Notes. 

Section 3.05 Amounts to be Treated as CHASEseries Available Finance Charge Collections; Payments Received from Derivative
Counterparties for Interest in a Foreign Currency; Other Deposits to the Interest Funding Sub-Accounts. The following deposits and payments will be made on the following dates: 

(a) Amounts to be Treated as CHASEseries Available Finance Charge Collections. In addition to Available Finance Charge Collections
allocated to the CHASEseries pursuant to subsection 3.01(a), any Shared Excess Available Finance Charge Collections from other Series in Shared Excess Available Finance Charge Collections Group A pursuant to Section 3.27 and any amounts to be
treated as CHASEseries Available Finance Charge Collections pursuant to any Terms Document, the following amounts shall be treated as CHASEseries Available Finance Charge Collections for application in accordance with this Article III with respect
to any Monthly Period: 
 (i) Segregated CHASEseries Finance Charge Collections. The aggregate amount of Segregated
CHASEseries Finance Charge Collections allocable to each Tranche of CHASEseries Notes which is used to cover the aggregate Principal Funding Sub-Account Earnings Shortfall for each Tranche of CHASEseries Notes pursuant to Section 3.30. 

(ii) Dollar Payments from Derivative Counterparties for Interest. Dollar payments received under Derivative Agreements
for interest for any Tranche of CHASEseries Notes. 
 (iii) Sub-Account Earnings. The aggregate amount of Principal
Funding Sub-Account Earnings from all Principal Funding Sub-Accounts and the aggregate amount of Interest Funding Sub-Account Earnings from all Interest Funding Sub-Accounts. 

(b) Foreign Currency Payments From Derivative Counterparties for Interest. Payments received under Derivative Agreements for
CHASEseries Notes with interest payable in a Foreign Currency will be applied as specified in the applicable Terms Document. 

  
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 (c) Other Deposits to the Interest Funding Sub-Accounts. 

(i) Class C Reserve Account. Withdrawals made from the Class C Reserve Account pursuant to subsection 3.25(a) will be
deposited into the applicable Interest Funding Sub-Account for the applicable Tranche of Class C Notes on the applicable Note Transfer Date for such Tranche of Class C Notes. 

(ii) Sales Proceeds. Sales Proceeds received by the Issuing Entity pursuant to subsection 3.22(c)(ii) for any Tranche
of CHASEseries Notes will be deposited into the applicable Interest Funding Sub-Account on the date of receipt by the Issuing Entity. 

(iii) Other Amounts. The Terms Document for any Tranche may include additional amounts which are to be deposited into
the applicable Interest Funding Sub-Account on each applicable Note Transfer Date. 
 Section 3.06 Allocations of Reductions from
Investor Charge-Offs to the Nominal Liquidation Amount of Subordinated Classes. If there is an Investor Charge-Off on any First Note Transfer Date, that reduction will be allocated (and reallocated) on that date to each Tranche of CHASEseries
Notes as set forth in this Section 3.06. 
 (a) Initially, the amount of such Investor Charge-Off will be allocated to each Tranche of
Outstanding CHASEseries Notes pro rata based on the ratio of the Nominal Liquidation Amount used for such Tranche in the calculation of the CHASEseries Floating Allocation Percentage for the immediately preceding Monthly Period to the aggregate
Nominal Liquidation Amount used in the calculation of the CHASEseries Floating Allocation Percentage for such Monthly Period. 
 (b)
Immediately afterwards, the amount of Investor Charge-Offs allocated to the Class A Notes pursuant to clause (a) will be reallocated to the Class C Notes subject to the limitations set forth in clauses (c) and (e), and the amount of
Investor Charge-Offs allocated to the Class A Notes pursuant to clause (a) and not reallocated to the Class C Notes due to the limitations set forth in clauses (c) and (e) will be reallocated to the Class B Notes subject to the
limitations set forth in clauses (c) and (e). Immediately after giving effect to the preceding sentence, the aggregate amount of Investor Charge-Offs allocated to the Class B Notes pursuant to clause (a) or reallocated to the Class B Notes
pursuant to the preceding sentence will be reallocated to the Class C Notes subject to the limitations set forth in clauses (d) and (e). Any amount of Investor Charge-Offs which cannot be reallocated from a Senior Class to a Subordinated Class
due to the limitations in clauses (c), (d) and (e) will reduce the Nominal Liquidation Amount of the related senior Tranche of CHASEseries Notes. 

(c) (i) The reallocation in clause (b) of Investor Charge-Offs from any Tranche of Class A Notes to the Class C Notes
is subject to the limitation that after giving effect to clause (a) and to such reallocation from that Tranche of Class A Notes to the Class C Notes, that Tranche’s Class A Usage of Class C Required Subordinated Amount (computed
before giving effect to any reallocations of Investor Charge-Offs from any Class B Notes and any reallocation of CHASEseries Available Principal Collections for such First Note Transfer Date) will not exceed that Tranche’s Class A Required
Subordinated Amount of Class C Notes. 

  
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 (ii) The reallocation in clause (b) of Investor Charge-Offs from any
Tranche of Class A Notes to the Class B Notes is subject to the limitation that after giving effect to clause (a) and to such reallocation from that Tranche of Class A Notes to the Class B Notes, that Tranche’s Class A Usage
of Class B Required Subordinated Amount (computed before giving effect to any reallocations of CHASEseries Available Principal Collections for such First Note Transfer Date) will not exceed that Tranche’s Class A Required Subordinated
Amount of Class B Notes. 
 (d) The reallocation in clause (b) of Investor Charge-Offs from any Tranche of Class B Notes to the Class C
Notes is subject to the limitation that after giving effect to clause (a) and such reallocation from that Tranche of Class B Notes and reallocations from any Tranche of Class A Notes to any Tranche of Class C Notes, that Tranche’s
Class B Usage of Class C Required Subordinated Amount (computed before giving effect to any reallocations of CHASEseries Available Principal Collections for such First Note Transfer Date) will not exceed that Tranche’s Class B Required
Subordinated Amount of Class C Notes. 
 (e) (i) The amount permitted to be reallocated to Tranches of Class C Notes pursuant
to clause (b) will be applied to each Tranche of Class C Notes pro rata based on the ratio of the Nominal Liquidation Amount used for that Tranche of Class C Notes in the calculation of the CHASEseries Floating Allocation Percentage for the
immediately preceding Monthly Period to the Nominal Liquidation Amount for all Class C Notes in the CHASEseries used in the calculation of the CHASEseries Floating Allocation Percentage for such Monthly Period. 

(ii) In no event will the Nominal Liquidation Amount (after giving effect to this clause (e)) of any Tranche of Class C Notes
be reduced below zero. 
 (iii) The amount permitted to be reallocated to Tranches of Class B Notes pursuant to clause
(b) will be applied to each Tranche of Class B Notes pro rata based on the ratio of the Nominal Liquidation Amount used for that Tranche of Class B Notes in the calculation of the CHASEseries Floating Allocation Percentage for the immediately
preceding Monthly Period to the Nominal Liquidation Amount for all Class B Notes in the CHASEseries used in the calculation of the CHASEseries Floating Allocation Percentage for such Monthly Period. 

(iv) In no event will the Nominal Liquidation Amount (after giving effect to this clause (e)) of any Tranche of Class B Notes
be reduced below zero. 

  
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 (f) In the case of each Tranche of CHASEseries Notes, the Nominal Liquidation Amount of each
such Tranche will be reduced by an amount equal to the Investor Charge-Offs which are allocated or reallocated to that Tranche of CHASEseries Notes, less the amount of Investor Charge-Offs that are reallocated from that Tranche of CHASEseries to a
Subordinated Class of CHASEseries Notes. 
 Section 3.07 Allocations of Reimbursements of Nominal Liquidation Amount Deficits.
If, with respect to any Monthly Period, there are CHASEseries Available Finance Charge Collections available pursuant to subsection 3.02(d) to reimburse any Nominal Liquidation Amount Deficits, such funds will be allocated to each Tranche of
CHASEseries Notes on the First Note Transfer Date in the immediately succeeding Monthly Period as follows: 
 (a) first, to each Tranche of
Class A Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficits of all Tranches of Class A Notes, but in no event will the Nominal Liquidation Amount of such
a Tranche of CHASEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche, 
 (b) second, to each
Tranche of Class B Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate Nominal Liquidation Amount Deficits of all Tranches of Class B Notes, but in no event will the Nominal Liquidation Amount of such
a Tranche of CHASEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche, and 
 (c) third, to
each Tranche of Class C Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficits thereof to the aggregate Nominal Liquidation Amount Deficit of all Tranches of Class C Notes, but in no event will the Nominal Liquidation Amount of
such a Tranche of CHASEseries Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such Tranche. 

Section 3.08 Allocations of Asset Pool One Principal Collections to the CHASEseries Notes. With respect to each Monthly Period,
the Collateral Agent, at the written direction of the Servicer, shall allocate to the CHASEseries Notes an amount equal to the product of (i) the CHASEseries Principal Allocation Percentage and (ii) the Asset Pool One Principal Collections
for such Monthly Period. 
 Section 3.09 Application of CHASEseries Available Principal Collections. With respect to each
Monthly Period, the Indenture Trustee, at the written direction of the Servicer, shall apply an amount equal to the sum of (i) Asset Pool One Principal Collections allocated to the CHASEseries pursuant to Section 3.08, (ii) any
amounts to be treated as CHASEseries Available Principal Collections pursuant to subsection 3.14(a), (iii) any Shared Excess Available Principal Collections allocated to the CHASEseries pursuant to Section 3.28 and (iv) any amounts to
be treated as CHASEseries Available Principal Collections allocated to the CHASEseries pursuant to any Terms Document (such amounts, the “CHASEseries Available Principal Collections”) as follows: 

  
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 (a) first, if after giving effect to deposits to be made on each Note Transfer Date in the
immediately succeeding Monthly Period pursuant to subsection 3.02(a), any Tranche of Class A Notes will not receive the full amount targeted to be deposited pursuant to Section 3.03 with respect to any such Note Transfer Date, then
CHASEseries Available Principal Collections (in an amount not to exceed the product of (x) the CHASEseries Available Principal Collections that are described in clauses (i) and (ii) in the preamble to this Section 3.09 and
(y) the sum of the Class B Allocation Percentage and the Class C Allocation Percentage for such Monthly Period) will be allocated to the Interest Funding Sub-Account of each such Tranche of Class A Notes pro rata based on, in the case of
each such Tranche of Class A Notes, the lesser of the following amounts: 
 (i) the amount of the deficiency in the
targeted amount to be deposited into the Interest Funding Sub-Account of such Tranche of Class A Notes; and 
 (ii) an
amount equal to the sum of (A) the Class A Unused Subordinated Amount of Class C Notes plus (B) the Class A Unused Subordinated Amount of Class B Notes, in each case, for such Tranche of Class A Notes (determined after
giving effect to the application of Investor Charge-Offs pursuant to Section 3.06 on the First Note Transfer Date); 
 (b) second, if
after giving effect to deposits to be made on each Note Transfer Date in the immediately succeeding Monthly Period pursuant to subsection 3.02(a) any Tranche of Class B Notes will not receive the full amount targeted to be deposited pursuant to
Section 3.03 with respect to any such Note Transfer Date, then CHASEseries Available Principal Collections (in an amount, not less than zero, not to exceed the excess of (I) the product of (x) the CHASEseries Available Principal
Collections that are described in clauses (i) and (ii) in the preamble to this Section 3.09 and (y) the sum of the Class B Allocation Percentage and the Class C Allocation Percentage for such Monthly Period over (II) the
aggregate amount of such CHASEseries Available Principal Collections reallocated pursuant to clause (a) above) will be allocated to the Interest Funding Sub-Account of each such Tranche of Class B Notes pro rata based on, in the case of each
such Tranche of Class B Notes, the lesser of the following amounts: 
 (i) the amount of the deficiency in the targeted
amount to be deposited into the Interest Funding Sub-Account of such Tranche of Class B Notes; and 
 (ii) an amount equal
to the Class B Unused Subordinated Amount of Class C Notes for such Tranche of Class B Notes (determined after giving effect to the application of Investor Charge-Offs pursuant to Section 3.06 on the First Note Transfer Date and the
reallocation of CHASEseries Available Principal Collections pursuant to clause (a) above); 

  
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 (c) third, if after giving effect to payments to be made on the First Note Transfer Date in the
immediately succeeding Monthly Period pursuant to subsection 3.02(b), the Servicer will not receive the full amount of the CHASEseries Servicing Fees allocable to the Class A Notes to be paid pursuant to subsection 3.02(b) on such First Note
Transfer Date, then CHASEseries Available Principal Collections (in an amount, not less than zero, not to exceed the excess of (I) the product of (x) the CHASEseries Available Principal Collections that are described in clauses
(i) and (ii) in the preamble to this Section 3.09 and (y) the sum of the Class B Allocation Percentage and the Class C Allocation Percentage for such Monthly Period over (II) the aggregate amount of such CHASEseries Available
Principal Collections reallocated pursuant to clauses (a) and (b) above) will be paid to the Servicer in an amount equal to, and allocated to each such Tranche of Class A Notes pro rata based on, in the case of each such Tranche of
Class A Notes, the lesser of the following amounts: 
 (i) the amount of the deficiency allocated to such Tranche of
Class A Notes pro rata pursuant to Section 3.10; and 
 (ii) an amount equal to the sum of (A) the
Class A Unused Subordinated Amount of Class C Notes plus (B) the Class A Unused Subordinated Amount of Class B Notes, in each case, for such Tranche of Class A Notes (determined after giving effect to the allocation of Investor
Charge-Offs pursuant to Section 3.06 on the First Note Transfer Date and the reallocation of CHASEseries Available Principal Collections pursuant to clauses (a) and (b) above); 

(d) fourth, if after giving effect to payments to be made on the First Note Transfer Date in the immediately succeeding Monthly Period
pursuant to subsection 3.02(b), the Servicer will not receive the full amount of the CHASEseries Servicing Fees allocable to the Class B Notes to be paid pursuant to subsection 3.02(b) on such First Note Transfer Date, then CHASEseries Available
Principal Collections (in an amount, not less than zero, not to exceed the excess of (I) the product of (x) the CHASEseries Available Principal Collections that are described in clauses (i) and (ii) in the preamble to this
Section 3.09 and (y) the sum of the Class B Allocation Percentage and the Class C Allocation Percentage for such Monthly Period over (II) the aggregate amount of such CHASEseries Available Principal Collections reallocated pursuant to
clauses (a) through (c) above) will be paid to the Servicer in an amount equal to, and allocated to each such Tranche of Class B Notes pro rata based on, in the case of each such Tranche of Class B Notes, the lesser of the following
amounts: 
 (i) the amount of the deficiency allocated to such Tranche of Class B Notes pro rata pursuant to
Section 3.10; and 
 (ii) an amount equal to the Class B Unused Subordinated Amount of Class C Notes for such Tranche
of Class B Notes (determined after giving effect to the allocation of Investor Charge-Offs pursuant to Section 3.06 on the First Note Transfer Date and the reallocation of CHASEseries Available Principal Collections pursuant to clauses
(a) through (c) above); 

  
 34 

 (e) fifth, to make the targeted deposits on the applicable Note Transfer Dates in the
immediately succeeding Monthly Period to the Principal Funding Sub-Accounts for all Tranches of CHASEseries Notes pursuant to Section 3.12; 

(f) sixth, to be treated as Shared Excess Available Principal Collections on each applicable Note Transfer Date for the benefit of other
Series in Asset Pool One; 
 (g) seventh, to be deposited in the Excess Funding Account for Asset Pool One until the Asset Pool One
Transferor Amount for the prior Monthly Period equals or exceeds the Asset Pool One Required Transferor Amount for the prior Monthly Period and the Asset Pool One Pool Balance for such prior Monthly Period equals or exceeds the Asset Pool One
Minimum Pool Balance for such prior Monthly Period; and 
 (h) eighth, to be paid to the Transferor. 

Section 3.10 Allocation of CHASEseries Servicing Fee Shortfalls. On each First Note Transfer Date if, after giving effect to
payments to be made with respect to the prior Monthly Period pursuant to subsection 3.02(a), the Servicer has not received the full amount to be paid pursuant to subsection 3.02(b) with respect to such Monthly Period, the aggregate amount of such
shortfall will be allocated to each Tranche of Outstanding CHASEseries Notes pro rata based on the ratio of the Nominal Liquidation Amount used for such Tranche in the calculation of the CHASEseries Floating Allocation Percentage for such Monthly
Period to the aggregate Nominal Liquidation Amount for all Outstanding Tranches of CHASEseries Notes used in the calculation of the CHASEseries Floating Allocation Percentage for such Monthly Period. 

Section 3.11 Computation of Reductions to the Nominal Liquidation Amount of Subordinated Classes from Reallocations of CHASEseries
Available Principal Collections. 
 (a) Each reallocation of CHASEseries Available Principal Collections deposited to the Interest
Funding Sub-Account of a Tranche of Class A Notes pursuant to subsection 3.09(a) will reduce the Nominal Liquidation Amount of the Class C Notes on the First Note Transfer Date in the Monthly Period in which such reallocation occurs;
provided, however, that the amount of such reduction for each such Tranche of Class A Notes shall not exceed the Class A Unused Subordinated Amount of Class C Notes for such Tranche of Class A Notes (after giving effect
to any reductions or reimbursements pursuant to Section 3.06 on such First Note Transfer Date). 
 (b) Each reallocation of CHASEseries
Available Principal Collections deposited to the Interest Funding Sub-Account of a Tranche of Class A Notes pursuant to subsection 3.09(a) which does not reduce the Nominal Liquidation Amount of Class C Notes pursuant to clause (a) above
will reduce the Nominal Liquidation Amount of the Class B Notes on the First Note Transfer Date in the Monthly Period in 

  
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which such reallocation occurs; provided, however, that the amount of such reduction for each such Tranche of Class A Notes shall not exceed the Class A Unused
Subordinated Amount of Class B Notes for such Tranche of Class A Notes (after giving effect to any reductions or reimbursements pursuant to Section 3.06 on such First Note Transfer Date). 

(c) Each reallocation of CHASEseries Available Principal Collections deposited to the Interest Funding Sub-Account of a Tranche of Class B
Notes pursuant to subsection 3.09(b) will reduce the Nominal Liquidation Amount (determined after giving effect to clause (a) above) of the Class C Notes on the First Note Transfer Date in the Monthly Period in which such reallocation occurs;
provided, however, that the amount of such reduction for each such Tranche of Class B Notes shall not exceed the Class B Unused Subordinated Amount of Class C Notes for such Tranche of Class B Notes (after giving effect to any
reductions or reimbursements pursuant to Section 3.06 on such First Note Transfer Date). 
 (d) Each reallocation of CHASEseries
Available Principal Collections paid to the Servicer pursuant to subsection 3.09(c) will reduce the Nominal Liquidation Amount (determined after giving effect to clauses (a) and (c) above) of the Class C Notes on the First Note Transfer
Date in the Monthly Period in which such reallocation occurs; provided, however, that the amount of such reduction for each such Tranche of Class A Notes shall not exceed the Class A Unused Subordinated Amount of Class C
Notes for such Tranche of Class A Notes (after giving effect to clauses (a) and (c) above and any reductions or reimbursements pursuant to Section 3.06 on such First Note Transfer Date). 

(e) Each reallocation of CHASEseries Available Principal Collections paid to the Servicer pursuant to subsection 3.09(c) which does not reduce
the Nominal Liquidation Amount of Class C Notes pursuant to clause (d) above will reduce the Nominal Liquidation Amount (determined after giving effect to clause (b) above) of the Class B Notes on the First Note Transfer Date in the
Monthly Period in which such reallocation occurs; provided, however, that the amount of such reduction for each such Tranche of Class A Notes shall not exceed the Class A Unused Subordinated Amount of Class B Notes for such
Tranche of Class A Notes (after giving effect to clause (b) above and any reductions or reimbursements pursuant to Section 3.06 on such First Note Transfer Date). 

(f) Each reallocation of CHASEseries Available Principal Collections paid to the Servicer pursuant to subsection 3.09(d) will reduce the
Nominal Liquidation Amount (determined after giving effect to clauses (a), (c) and (d) above) of the Class C Notes on the First Note Transfer Date in the Monthly Period in which such reallocation occurs; provided, however,
that the amount of such reduction for each such Tranche of Class B Notes shall not exceed the Class B Unused Subordinated Amount of Class C Notes for such Tranche of Class B Notes (after giving effect to any reductions or reimbursements pursuant to
Section 3.06 on such First Note Transfer Date). 

  
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 (g) The aggregate amount of the reallocation of CHASEseries Available Principal Collections
which reduce the Nominal Liquidation Amount of Class B Notes pursuant to clauses (b) and (e) above will reduce the Nominal Liquidation Amount (determined after giving effect to any reductions or reimbursements pursuant to Section 3.06
on such First Note Transfer Date) of each Tranche of the Class B Notes pro rata based on the ratio of the Nominal Liquidation Amount for such Tranche of Class B Notes used in the CHASEseries Floating Allocation Percentage for the related Monthly
Period to the Nominal Liquidation Amount for all Class B Notes used in the CHASEseries Floating Allocation Percentage for the related Monthly Period; provided, however, that the amount of any such reduction of the Nominal Liquidation
Amount of a Tranche of Class B Notes will be limited by the aggregate amount of such reduction which results in a reduction of the Nominal Liquidation Amount of the Class C Notes pursuant to clause (h) below. 

(h) Each reallocation of CHASEseries Available Principal Collections which reduces the Nominal Liquidation Amount of Class B Notes pursuant to
clause (g) above may be reallocated to the Class C Notes and such reallocation will reduce the Nominal Liquidation Amount (determined after giving effect to clauses (a), (c), (d) and (f) above and any reductions or reimbursements
pursuant to Section 3.06 on such First Note Transfer Date) of the Class C Notes; provided, however, that the amount of such reduction for each such Tranche of Class B Notes shall not exceed the Class B Unused Subordinated Amount
of Class C Notes for such Tranche of Class B Notes (after giving effect to clauses (a), (c), (d) and (f) above and any reductions pursuant to Section 3.06 on such First Note Transfer Date). 

(i) The aggregate amount of the reallocation of CHASEseries Available Principal Collections which reduce the Nominal Liquidation Amount of
Class C Notes pursuant to clauses (a), (c), (d), (f) and (h) above will reduce the Nominal Liquidation Amount (determined after giving effect to any reductions or reimbursements pursuant to Section 3.06 on such First Note Transfer
Date) of each Tranche of the Class C Notes pro rata based on the ratio of the Nominal Liquidation Amount for such Tranche of Class C Notes used in the CHASEseries Floating Allocation Percentage for the related Monthly Period to the Nominal
Liquidation Amount for all Class C Notes used in the CHASEseries Floating Allocation Percentage for the related Monthly Period. 

Section 3.12 Targeted Deposits of CHASEseries Available Principal Collections to the Principal Funding Account and the Principal
Funding Sub-Account. The amount of the deposit targeted for any Tranche of CHASEseries Notes with respect to any Monthly Period to be deposited into the Principal Funding Sub-Account for that Tranche on the applicable Note Transfer Date in the
immediately succeeding Monthly Period will be the sum of (i) the amount determined pursuant to clause (a), (b), (c), (d) or (e) of this Section with respect to such Tranche for such Monthly Period, as applicable and (ii) any
deposit targeted pursuant to clause (i) with respect to such Tranche for any prior Monthly Period but for which the full targeted deposit was not made, but in no case more than the Nominal Liquidation Amount of such Tranche of CHASEseries Notes
(computed immediately before giving effect to such deposit but after giving effect to any reductions of the Nominal Liquidation Amount of such Tranche of CHASEseries Notes as a result of Investor Charge-Offs and any reallocations of CHASEseries
Available Principal Collections or increases of the Nominal Liquidation Amount of such Tranche of CHASEseries Notes as a result of reimbursements thereof pursuant to subsection 3.02(d) to be made on the First Note Transfer Date in the immediately
succeeding Monthly Period). 

  
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 (a) Principal Payment Date. With respect to the Monthly Period immediately preceding any
Principal Payment Date, the deposit targeted for that Tranche of CHASEseries Notes, unless otherwise specified in the applicable Terms Document, will be equal to the Nominal Liquidation Amount of that Tranche of CHASEseries Notes (computed
immediately before giving effect to such deposit but after giving effect to any reductions of the Nominal Liquidation Amount of such Tranche of CHASEseries Notes as a result of Investor Charge-Offs and any reallocations of CHASEseries Available
Principal Collections or increases of the Nominal Liquidation Amount of such Tranche of CHASEseries Notes as a result of reimbursements thereof pursuant to subsection 3.02(d) to be made on the First Note Transfer Date in the immediately following
Monthly Period). 
 (b) Budgeted Deposits. (i) Subject to subsection 3.12(d), with respect to each Monthly
Period, beginning with the Accumulation Commencement Date, the deposit targeted to be made into the Principal Funding Sub-Account for that Tranche will be the Controlled Accumulation Amount for that Tranche specified in the applicable Terms
Document, or if no such amount is specified, beginning with the twelfth Monthly Period before the Monthly Period related to the Scheduled Principal Payment Date of that Tranche of CHASEseries Notes, an amount equal to one-twelfth of the expected
Outstanding Dollar Principal Amount of such Tranche of CHASEseries Notes as of such Scheduled Principal Payment Date. 

(ii) Notwithstanding anything to the contrary in clause (i), on or before the Determination Date immediately preceding the
first Business Day of the month that is twelve (12) whole calendar months prior to the Scheduled Principal Payment Date of any Tranche of CHASEseries Notes, and each Determination Date thereafter until the Accumulation Commencement Date, the
Servicer will determine the “Accumulation Period Length” which shall equal a number of months not less than the number of whole calendar months reasonably expected by the Servicer to be necessary to accumulate from CHASEseries Available
Principal Collections an amount equal to the Nominal Liquidation Amount of such Tranche of CHASEseries Notes; provided, however, that the Accumulation Period Length will not be determined to be less than one whole calendar month;
provided further, however, that if the Servicer determines that the Accumulation Period Length will be less than twelve (12) whole calendar months, the Servicer shall on the first Determination Date on which the Accumulation
Period Length is determined send written notice to the Indenture Trustee, the Collateral Agent and each Note Rating Agency then rating any Outstanding CHASEseries Notes, which notice shall state the applicable Accumulation Period Length. 

  
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 (c) Prefunding of the Principal Funding Account of Senior Classes. If the Issuing Entity
determines with respect to any Monthly Period with respect to any Class A Notes or Class B Notes that, after giving effect to all allocations, payments and deposits that will be made on the First Note Transfer Date and each Note Transfer Date
occurring in the immediately succeeding Monthly Period, the Prefunding Target Amount of such Class is greater than zero, the targeted deposit to the Principal Funding Sub-Accounts for such Class will be the Prefunding Target Amount for the
CHASEseries for such Monthly Period. 
 (d) Event of Default, Early Amortization Event, Other Optional or Mandatory Redemption. If
any Tranche of CHASEseries Notes has been accelerated during a Monthly Period after the occurrence of an Event of Default, or if an Early Amortization Event with respect to any Tranche of CHASEseries Notes occurs during such Monthly Period, or with
respect to the Monthly Period immediately preceding any other date fixed for any other optional or mandatory redemption of any Tranche of CHASEseries Notes, the deposit targeted for that Tranche of CHASEseries Notes with respect to that Monthly
Period and each following Monthly Period will be equal to the Nominal Liquidation Amount of that Tranche of CHASEseries Notes (computed immediately before giving effect to such deposit but after giving effect to any reductions of the Nominal
Liquidation Amount of such Tranche of CHASEseries Notes as a result of Investor Charge-Offs and any reallocations of CHASEseries Available Principal Collections or increases of the Nominal Liquidation Amount of such Tranche of CHASEseries Notes as a
result of reimbursements thereof pursuant to subsection 3.02(d) to be made on the First Note Transfer Date in the immediately succeeding Monthly Period). 

(e) Amounts Owed to Derivative Counterparties. If a Tranche of Outstanding CHASEseries Dollar Notes or CHASEseries Foreign Currency
Notes has a Performing or non-Performing Derivative Agreement for principal that provides for a payment to the applicable Derivative Counterparty, the deposit targeted for that Tranche of CHASEseries Notes on each Note Transfer Date with respect to
any payment to the Derivative Counterparty will be specified in the related Terms Document. 
 Section 3.13 Allocations among
Principal Funding Sub-Accounts. Subject to the restrictions of Section 3.17, the aggregate amount of the deposits to be made to the Principal Funding Sub-Accounts for each Tranche of CHASEseries Notes pursuant to Section 3.12 for each
Monthly Period will be allocated, and a portion deposited in the Principal Funding Sub-Account for each Tranche of CHASEseries Notes, as follows: 

(a) CHASEseries Available Principal Collections Equal to Targeted Amount. Subject to clause (c) below, if CHASEseries Available Principal
Collections remaining after giving effect to subsections 3.09(a) through (d) are equal to or greater than the aggregate amount of CHASEseries Available Principal Collections targeted to be deposited into the Principal Funding Sub-Accounts for
all Tranches of CHASEseries Notes pursuant to Section 3.12, then that targeted amount will be deposited in the Principal Funding Sub-Account established for each Tranche of CHASEseries Notes. 

  
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 (b) CHASEseries Available Principal Collections Are Less Than Targeted Amounts. Subject to
clause (c) below, if CHASEseries Available Principal Collections remaining after giving effect to subsections 3.09(a) through (d) are less than the aggregate amount targeted to be deposited into the Principal Funding Sub-Accounts for all
Tranches of CHASEseries Notes pursuant to Section 3.12, then remaining CHASEseries Available Principal Collections will be deposited in the Principal Funding Sub-Account established for each Tranche of CHASEseries Notes in the following
priority: 
 (i) first, the amount available will be allocated to the Class A Notes pro rata based on the ratio of
(A) the amount targeted to be deposited into the Principal Funding Sub-Account for such Tranche of Class A Notes pursuant to Section 3.12, to (B) the aggregate amount targeted to be deposited into the Principal Funding
Sub-Account for all Tranches of Class A Notes pursuant to Section 3.12; 
 (ii) second, the amount available after
the application in clause (i) above will be allocated to the Class B Notes, pro rata based on the ratio of (A) the amount targeted to be deposited into the Principal Funding Sub-Account for such Tranche of Class B Notes pursuant to
Section 3.12, to (B) the aggregate amount targeted to be deposited into the Principal Funding Sub-Account for all Tranches of Class B Notes pursuant to Section 3.12; and 

(iii) third, the amount available after the applications in clauses (i) and (ii) above will be allocated to the
Class C Notes, pro rata based on the ratio of (A) the amount targeted to be deposited into the Principal Funding Sub-Account for such Tranche of Class C Notes pursuant to Section 3.12, to (B) the aggregate amount targeted to be
deposited into the Principal Funding Sub-Account for all Tranches of Class C Notes pursuant to Section 3.12. 
 (c) Reallocation of
Deposits to the Principal Funding Sub-Account of any Subordinated Class of CHASEseries Notes. If the restrictions of subsection 3.17(a) prevent the deposit of CHASEseries Available Principal Collections into the Principal Funding Sub-Account of
any Subordinated Class of CHASEseries Notes, the aggregate amount of CHASEseries Available Principal Collections available to make the targeted deposit for such Subordinated Class will be allocated first, if applicable, to each Tranche of
Class A Notes pro rata based on the ratio of (A) the Required Subordinated Amount with respect to such Subordinated Class of CHASEseries Notes for such Tranche of Class A Notes to (B) the Required Subordinated Amount with respect
to such Subordinated Class of CHASEseries Notes for all Tranches of Class A Notes and, second, if applicable, to each Tranche of Class B Notes pro rata based on the ratio of (A) the Required Subordinated Amount with respect to such
Subordinated Class of CHASEseries Notes for such Tranche of Class B Notes to (B) the Required Subordinated Amount with respect to such Subordinated Class of CHASEseries Notes for all Tranches of Class B Notes. 

  
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 Section 3.14 Amounts to be Treated as CHASEseries Available Principal Collections;
Payments Received from Derivative Counterparties for Principal; Other Deposits to Principal Funding Sub-Accounts. The following deposits and payments will be made on the following dates: 

(a) Amounts to be Treated as CHASEseries Available Principal Collections. In addition to Available Principal Collections allocated to
the CHASEseries pursuant to Section 3.3 of the Asset Pool One Supplement and Section 3.08 hereof, any Shared Excess Available Principal Collections allocated to the CHASEseries pursuant to Section 3.28 and any amounts to be treated as
CHASEseries Available Principal Collections pursuant to any Terms Document, the following amounts shall be treated as CHASEseries Available Principal Collections for application in accordance with this Article III with respect to any Monthly Period:

 (i) CHASEseries Available Finance Charge Collections. CHASEseries Available Principal Collections will include
CHASEseries Available Finance Charge Collections to be treated as CHASEseries Available Principal Collections pursuant to subsection 3.02(c) or 3.02(d). 

(ii) Dollar Payments from Derivative Counterparties for Principal. Dollar payments received under Derivative Agreements
for principal for any Tranche of CHASEseries Notes will be treated as CHASEseries Available Principal Collections. 
 (b) Payments
Received from Derivative Counterparties. Payments received under Derivative Agreements for CHASEseries Notes with principal payable in a Foreign Currency will be applied as specified in the applicable Terms Document. 

(c) Class C Reserve Sub-Account. Withdrawals made from the Class C Reserve Sub-Account for any Tranche of Class C Notes pursuant to
subsection 3.25(b) will be deposited into the applicable Principal Funding Sub-Account on the applicable Note Transfer Date. 
 (d) Sale
Proceeds. Sales Proceeds received pursuant to subsection 3.22(c)(i) for any Tranche of CHASEseries Notes will be deposited into the applicable Principal Funding Sub-Account on the date of receipt by the Issuing Entity. 

(e) Issuance Proceeds. If any Tranche of CHASEseries Notes remains Outstanding after its Scheduled Principal Payment Date, issuance
proceeds received pursuant to the issuance of a new Tranche of CHASEseries Notes will be deposited into the applicable Principal Funding Sub-Account on the date of receipt by the Issuing Entity and applied to pay the Outstanding Dollar Principal
Amount of such Tranche of CHASEseries Notes on the next succeeding Principal Payment Date for such 

  
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Tranche of CHASEseries Notes; provided, that the Servicer may, upon five Business Days’ prior written notice to the Indenture Trustee, specify a special Principal Payment Date and Interest
Payment Date which may occur on any Business Day and on which the Outstanding Dollar Principal Amount and all accrued and unpaid interest through such date shall be paid on the Notes. 

Section 3.15 Withdrawals from Interest Funding Account. Withdrawals made pursuant to this Section 3.15 with respect to any
Tranche of CHASEseries Notes will be made from the Interest Funding Sub-Account established for that Tranche only after all allocations and reallocations have been made pursuant to Sections 3.03, 3.04, 3.05 and 3.09. In no event will the aggregate
amount of the withdrawals from an Interest Funding Sub-Account for any month be more than the amount on deposit in the applicable Interest Funding Sub-Account. A single Tranche of CHASEseries Notes may be entitled to more than one of the following
withdrawals in any month. 
 (a) Withdrawals for CHASEseries Dollar Notes. On each Interest Payment Date (or as specified in the
applicable Terms Document) with respect to each Tranche of CHASEseries Dollar Notes, an amount equal to the interest due on the applicable Tranche of CHASEseries Notes on such Interest Payment Date (including any overdue interest payments and
additional interest on overdue interest payments with respect to prior Interest Payment Dates) will be withdrawn from that Interest Funding Sub-Account and remitted to the applicable Paying Agent(s) or as otherwise provided in the applicable Terms
Document. 
 (b) Withdrawals for Foreign Currency Notes with a non-Performing Derivative Agreement for Interest. On each Interest
Payment Date (or as specified in the applicable Terms Document) with respect to a Tranche of CHASEseries Foreign Currency Notes that has a non-Performing Derivative Agreement for interest, the amount specified in the applicable Terms Document will
be withdrawn from that Interest Funding Sub-Account and, if so specified in the applicable Terms Document, converted to the applicable Foreign Currency at the Spot Exchange Rate and remitted to the applicable Paying Agent(s) or as otherwise provided
in the applicable Terms Document. 
 (c) [RESERVED] 

(d) Withdrawals for Payments to Derivative Counterparties. On each date on which a payment is required to be made to the Derivative
Counterparty under the applicable Derivative Agreement (or as specified in the applicable Terms Document) with respect to any Tranche of CHASEseries Notes which has a Performing or non-Performing Derivative Agreement for interest, an amount equal to
the amount of the payment to be made to the Derivative Counterparty under the applicable Derivative Agreement (including, if applicable, any overdue interest payments and any additional interest on overdue interest payments) will be withdrawn from
that Interest Funding Sub-Account and paid to the applicable Derivative Counterparty or as otherwise provided in the applicable Terms Document. 

  
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 (e) Excess Amounts. After payment in full of any Tranche of CHASEseries Notes, any amount
remaining on deposit in the applicable Interest Funding Sub-Account will be first, to the extent needed, allocated among and deposited to the Interest Funding Sub-Account of the Tranches of CHASEseries Notes in the manner, order and priority set
forth in subsection 3.04(b), second, to the extent needed, allocated among and deposited to the Principal Funding Sub-Account of the Tranches of CHASEseries Notes in the manner, order and priority set forth in subsection 3.13(b), and third, paid to
the Transferor. 
 If the aggregate amount available for withdrawal from an Interest Funding Sub-Account for any Tranche of CHASEseries
Notes in a Monthly Period is less than all withdrawals required to be made from that Interest Funding Sub-Account for that Tranche in a Monthly Period after giving effect to all deposits, then the amounts on deposit in that Interest Funding
Sub-Account will be withdrawn and, if payable to more than one Person, applied pro rata based on the amount of each of the withdrawals required to be made. 

Section 3.16 Withdrawals from Principal Funding Account. Withdrawals made pursuant to this Section 3.16 with respect to any
Tranche of CHASEseries Notes will be made from the Principal Funding Sub-Accounts established for that Tranche only after all allocations have been made pursuant to Sections 3.12, 3.13 and 3.14. In no event will the amount of the withdrawal for any
Tranche of CHASEseries be more than the amount on deposit in the applicable Principal Funding Sub-Account. A single Tranche of CHASEseries Notes may be entitled to more than one of the following withdrawals with respect to any Monthly Period. 

(a) Withdrawals for CHASEseries Dollar Notes with no Derivative Agreement for Principal. On each applicable Principal Payment Date (or
as specified in the applicable Terms Document) with respect to each Tranche of CHASEseries Dollar Notes which has no Derivative Agreement for principal, an amount equal to the principal due on the applicable Tranche of CHASEseries Notes on the
applicable Principal Payment Date will be withdrawn from such Principal Funding Sub-Account and remitted to the applicable Paying Agent(s) or as otherwise provided by the applicable Terms Document. 

(b) Withdrawals for Dollar or Foreign Currency Notes with Performing Derivative Agreements for Principal. On each date on which a
payment is required under the applicable Derivative Agreement (or as specified in the applicable Terms Document) with respect to any Tranche of CHASEseries Notes which has a Performing Derivative Agreement for principal, an amount equal to the
amount of the payment to be made under the applicable Derivative Agreement will be withdrawn from such Principal Funding Sub-Account and paid to the applicable Derivative Counterparty or as otherwise provided by the applicable Terms Document. The
Issuing Entity will direct the applicable Derivative Counterparty to remit its payments under the applicable Derivative Agreement to the applicable Paying Agent(s) or as otherwise provided by the applicable Terms Document. 

  
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 (c) Withdrawals for CHASEseries Dollar Notes with a non-Performing Derivative Agreement for
Principal. On each applicable Principal Payment Date (or as specified in the applicable Terms Documents) with respect to each Tranche of CHASEseries Dollar Notes with a non-Performing Derivative Agreement for principal, the amount specified in
the applicable Terms Document will be withdrawn from such Principal Funding Sub-Account, converted based on the applicable Spot Exchange Rate and remitted to the applicable Paying Agent(s) or as otherwise provided by the applicable Terms Document.

 (d) Withdrawals for Foreign Currency Notes with non-Performing Derivative Agreements for Principal. On each Principal Payment Date
(or as specified in the applicable Terms Document) with respect to a Tranche of CHASEseries Foreign Currency Notes that has a non-Performing Derivative Agreement for principal, the amount specified in the applicable Terms Document will be withdrawn
from such Sub-Account and, if so specified in the applicable Terms Document, converted to the applicable Foreign Currency at the Spot Exchange Rate and remitted to the applicable Paying Agent(s) or as otherwise provided by the applicable Terms
Document. Any excess dollar amount will be retained on deposit in the applicable Principal Funding Sub-Account to be applied to make principal payments on following Principal Payment Dates. 

(e) Withdrawal of Prefunding Excess Amounts. If the Issuing Entity on any date determines with respect to any Class of Class A
Notes or Class B Notes that, after giving effect to all issuances, deposits, allocations, reimbursements, reallocations and payments on such date, the Prefunding Excess Amount of that Class is greater than zero, that amount will be withdrawn by the
Servicer from the Principal Funding Sub-Account of that Class of CHASEseries Notes and first, allocated among and deposited to the Principal Funding Sub-Account of the Tranches of CHASEseries Notes in the manner, order and priority set forth in
subsection 3.13(b), second, deposited in the Excess Funding Account for Asset Pool One until the Asset Pool One Transferor Amount for the prior Monthly Period equals or exceeds the Asset Pool One Required Transferor Amount for the prior Monthly
Period and the Asset Pool One Pool Balance for such prior Monthly Period equals or exceeds the Asset Pool One Minimum Pool Balance for such prior Monthly Period and, third, paid to the Transferor in respect of the Monthly Period in which such
withdrawal occurs; provided, however, that subject to the conditions set forth in Section 3.1 of the Asset Pool One Supplement, the Servicer need not make such deposit or payment until the First Note Transfer Date following such
Monthly Period. 
 (f) Legal Maturity Date. On the Legal Maturity Date of any Tranche of CHASEseries Notes, after giving effect to
any deposits, allocations, reimbursements, reallocations, sales of Collateral or other payments to be made on that date, amounts on deposit in the Principal Funding Sub-Account of any Tranche of a Subordinated Class of CHASEseries Notes may be
applied to pay principal of that Tranche, to make a payment under a Derivative Agreement with respect to principal of that Tranche or to make other payments as specified in the related Terms Document. 

  
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 (g) Excess Amounts. Upon payment in full of any Tranche of CHASEseries Notes, any
remaining amount on deposit in the applicable Principal Funding Sub-Account will be first, allocated among and deposited to the Interest Funding Sub-Account of the Tranches of CHASEseries Notes in the manner, order and priority set forth in
subsection 3.04(b), second, allocated among and deposited to the Principal Funding Sub-Account of the Tranches of CHASEseries Notes in the manner, order and priority set forth in subsection 3.13(b), and third, paid to the Transferor. 

If the aggregate amount available for withdrawal from a Principal Funding Sub-Account for any Tranche of CHASEseries Notes is less than all
withdrawals required to be made from that Principal Funding Sub-Account for that Tranche with respect to a Monthly Period, after giving effect to all deposits to be made with respect to such Monthly Period, then the amounts on deposit will be
withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the withdrawals required to be made. 

Section 3.17 Limit on Deposits to the Principal Funding Sub-Account of Subordinated Class of CHASEseries Notes; Limit on Repayments of
all Tranches. 
 (a) Limit on Deposits to the Principal Funding Sub-Account of Subordinated Class of CHASEseries Notes. 

(i) No CHASEseries Available Principal Collections will be deposited in the Principal Funding Sub-Account of any Tranche of
Class B Notes unless, following such deposit, the available subordinated amount of Class B Notes is at least equal to the aggregate Class A Unused Subordinated Amount of Class B Notes for all Outstanding Class A Notes. For this purpose,
the available subordinated amount of Class B Notes is equal to the aggregate Nominal Liquidation Amount of all other Class B Notes of the CHASEseries which will be Outstanding after giving effect to any reductions in the Nominal Liquidation Amount
of all such Outstanding Class B Notes occurring in such Monthly Period. 
 (ii) No CHASEseries Available Principal
Collections will be deposited in the Principal Funding Sub-Account of any Tranche of Class C Notes unless, following such deposit, (A) the available subordinated amount of Class C Notes is at least equal to the Class B Unused Subordinated
Amount of Class C Notes for all Outstanding Class B Notes and (B) the available subordinated amount of Class C Notes is at least equal to the Class A Unused Subordinated Amount of Class C Notes for all Outstanding Class A Notes. For
this purpose, the available subordinated amount of Class C Notes is equal to the aggregate Nominal Liquidation Amount of all other Class C Notes of the CHASEseries which will be Outstanding after giving effect to any reductions in the Nominal
Liquidation Amount of all such Outstanding Class C Notes occurring in such Monthly Period. 

  
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 (iii) Notwithstanding anything in the Indenture or this Indenture Supplement to
the contrary, CHASEseries Available Principal Collections will be deposited in the Principal Funding Sub-Account of a Subordinated Class of CHASEseries Notes, if and only to the extent that (A) such deposit is not contrary to clause (a)(i) or
(a)(ii) above and (B) the Prefunding Target Amount for each Senior Class of CHASEseries Notes is zero or the Prefunding Target Amount has been funded to the extent necessary for such Note Transfer Date. 

(b) Limit on Repayments of all Tranches. No amounts on deposit in a Principal Funding Sub-Account of any Tranche of Class A Notes
or Class B Notes will be applied to pay principal of that Tranche or to make a payment under a Derivative Agreement with respect to principal of that Tranche in excess of the highest Outstanding Dollar Principal Amount of that Tranche (or, in the
case of CHASEseries Foreign Currency Notes, such other amount that may be specified in the related Terms Document). In the case of any Tranche of Class C Notes, no amounts on deposit in a Principal Funding Sub-Account or, if applicable, a Class C
Reserve Sub-Account for any such Tranche will be applied to pay principal of that Tranche or to make a payment under a Derivative Agreement with respect to principal of that Tranche in excess of the highest Outstanding Dollar Principal Amount of
that Tranche (or, in the case of CHASEseries Foreign Currency Notes, such other amount that may be specified in the related Terms Document). 

Section 3.18 Calculation of Nominal Liquidation Amount. On the date of issuance of a Tranche of CHASEseries Notes and on each
Business Day thereafter, the Nominal Liquidation Amount of each Tranche of Outstanding Notes in the CHASEseries shall be the following amount: 

(a) as of the date of issuance of such Tranche of CHASEseries Notes, the Initial Dollar Principal Amount of such Tranche of CHASEseries Notes;
and 
 (b) thereafter, the sum of, without duplication: 

(i) the Nominal Liquidation Amount of such Tranche of CHASEseries Notes determined on the immediately prior date of
determination; plus 
 (ii) [RESERVED]; 

(iii) the aggregate amount withdrawn from the Principal Funding Sub-Account pursuant to subsection 3.16(e) for such Tranche
since the prior date of determination; plus 
 (iv) such Tranche’s allocable share of all reimbursements of its Nominal
Liquidation Amount Deficit pursuant to subsection 3.02(d) since the prior date of determination determined as set forth in Section 3.07; plus 

(v) the aggregate initial principal amount of any additional Notes of such Tranche of CHASEseries Notes issued after the
initial issuance date for such Tranche of CHASEseries Notes; minus 

  
 46 

 (vi) such Tranche’s allocable share of all reallocations of CHASEseries
Available Principal Collections pursuant to Section 3.09 since the prior date of determination, determined as set forth in Section 3.11; minus 

(vii) the amount of the reduction of the Nominal Liquidation Amount of such Tranche resulting from an allocation of Investor
Charge-Offs since the prior date of determination, determined as set forth in Section 3.06; minus 
 (viii) the amount
deposited in the applicable Principal Funding Sub-Account for such Tranche (after giving effect to any deposits, allocations, reallocations or withdrawals to be made on that day) since the prior date of determination; 

provided, however, that (1) the Nominal Liquidation Amount of a Tranche of CHASEseries Notes may never be less than zero, (2) the
Nominal Liquidation Amount of any Tranche of CHASEseries Notes may never be greater than the Adjusted Outstanding Dollar Principal Amount of such Tranche and (3) the Nominal Liquidation Amount of any Tranche of CHASEseries Notes that has caused
a sale of Collateral pursuant to Section 3.22 or which has reached its Legal Maturity Date will be zero. 
 The Nominal Liquidation
Amount for the CHASEseries will be the sum of the Nominal Liquidation Amounts of all of the Tranches of CHASEseries Notes. 

Section 3.19 [RESERVED] 

Section 3.20 Netting of Deposits and Payments. The Servicer, on behalf of the Issuing Entity, may, in its sole discretion, make
all deposits to Interest Funding Sub-Accounts and Principal Funding Sub-Accounts pursuant to Sections 3.03 and 3.12 with respect to any Monthly Period net of, and after giving effect to, (a) all reallocations to be made pursuant to
Section 3.09 and (b) all payments to be made to Derivative Counterparties pursuant to Sections 3.15 and 3.16. 
 Section 3.21
Pro Rata Payments within a Tranche. All payments of principal, interest or other amounts to Holders of the CHASEseries Notes of a single Tranche will be made pro rata based on the Nominal Liquidation Amount of their Notes. 

Section 3.22 Sale of Collateral for Notes that are Accelerated or Reach Legal Maturity. 

(a) (i) If a Tranche of CHASEseries Notes has been accelerated pursuant to Section 6.02 of the Indenture following an
Event of Default, the Indenture Trustee may, and at the direction of the Holders of more than 66 2⁄3% of the Outstanding Dollar Principal Amount of that
Tranche of CHASEseries Notes will, cause the Collateral Agent for Asset Pool One to sell Collateral (or interests therein) pledged to Asset Pool One in a principal amount up to 105% of the Nominal Liquidation Amount of the affected Tranche (but not
more than an amount of Collateral equal to the sum of (1) the product of (A) the 

  
 47 

 
Asset Pool One Transferor Percentage, (B) the aggregate outstanding Asset Pool One Pool Balance and (C) a fraction, the numerator of which is the CHASEseries Floating Allocation
Percentage and the denominator of which is the sum of the Noteholder Percentages for the allocation of Asset Pool One Finance Charge Collections for all Series of Asset Pool One Notes, and (2) the Nominal Liquidation Amount of the affected
Tranche); provided, however, that none of the Transferor, any Affiliate of the Transferor or any agent of the Transferor shall be permitted to purchase Collateral in such case or to participate in such vote whether as a Noteholder or
otherwise. 
 (ii) Such a sale will be permitted only if at least one of the following conditions is met: 

(A) the Holders of more than 90% of the aggregate Outstanding Dollar Principal Amount of the accelerated Tranche of
CHASEseries Notes consent; or 
 (B) the net proceeds of such sale (plus amounts on deposit in the applicable Sub-Accounts
and payments to be received from any applicable Derivative Agreement) would be sufficient to pay all amounts due on the accelerated Tranche of CHASEseries Notes; or 

(C) if the Indenture Trustee determines that the funds to be allocated to the accelerated Notes, including
(1) CHASEseries Available Finance Charge Collections and CHASEseries Available Principal Collections allocable to the accelerated Tranche of CHASEseries Notes, (2) payments to be received from any applicable Derivative Agreement and
(3) amounts on deposit in the applicable Sub-Accounts, may not be sufficient on an ongoing basis to make all payments on the accelerated Tranche of CHASEseries Notes as such payments would have become due if such obligations had not been
declared due and payable, and the Holders of more than 66 2⁄3% of the aggregate Outstanding Dollar Principal Amount of Notes of the accelerated Tranche of
CHASEseries Notes consent to the sale. 
 (iii) In the case of an acceleration of a Tranche of CHASEseries Notes of a
Subordinated Class, if the provisions of Section 3.17 would prevent the payment of the accelerated Tranche of subordinated Notes, such sale will be delayed until a level of prefunding of the Principal Funding Sub-Accounts for the Senior Classes
of CHASEseries Notes has been reached such that the amount of such accelerated Tranche is no longer required to provide subordination for the Senior Classes of CHASEseries Notes. 

  
 48 

 (b) If the Nominal Liquidation Amount with respect to any Tranche of CHASEseries Notes is
greater than zero on its Legal Maturity Date (after giving effect to any adjustments, deposits and distributions otherwise to be made on that Legal Maturity Date), the Collateral Agent for Asset Pool One shall sell or cause to be sold Collateral (or
interests therein) pledged to Asset Pool One on that Legal Maturity Date in an amount up to 105% of the Nominal Liquidation Amount of such Tranche of the CHASEseries Notes at the close of business on such date (but not more than an amount of
Collateral equal to the sum of (1) the product of (A) the Asset Pool One Transferor Percentage, (B) the aggregate outstanding Asset Pool One Pool Balance and (C) a fraction, the numerator of which is the CHASEseries Floating
Allocation Percentage and the denominator of which is the sum of the Noteholder Percentages for the allocation of Asset Pool One Finance Charge Collections for all Series of Asset Pool One Notes, and (2) the Nominal Liquidation Amount of the
affected Tranche); provided, however, that none of the Transferor, any Affiliate of the Transferor or any agent of the Transferor shall be permitted to purchase Collateral in such case or to participate in such vote whether as a
Noteholder or otherwise. 
 Upon the occurrence of such sale, the Nominal Liquidation Amount of such Tranche of CHASEseries Notes shall be
automatically reduced to zero and Available Principal Collections and Available Finance Charge Collections shall no longer be allocated to such Tranche of CHASEseries Notes. Noteholders of such Tranche of CHASEseries Notes shall receive the proceeds
of such sale in an amount not to exceed the Outstanding Dollar Principal Amount of, plus any accrued, past due and additional interest on, such Tranche of CHASEseries Notes. 

(c) Sales proceeds received with respect to a Tranche of CHASEseries Notes pursuant to clause (a) or (b) will be allocated in the
following priority: 
 (i) first, to be deposited in the Principal Funding Sub-Account for that Tranche of CHASEseries
Notes, an amount up to the amount that would be necessary to increase the aggregate amount on deposit in such Sub-Account to the Outstanding Dollar Principal Amount for such Tranche of CHASEseries Notes (notwithstanding any limitation in
Section 3.12 to the contrary); and 
 (ii) second, to be deposited in the Interest Funding Sub-Account of that Tranche
of CHASEseries Notes, the balance of such sales proceeds. 
 (d) Any amount remaining on deposit in the Interest Funding Sub-Account for a
Tranche of CHASEseries Notes that has caused a sale of Collateral pursuant to this Section 3.22 after final payment thereof pursuant to Section 6.03 of the Indenture, will be treated as CHASEseries Available Finance Charge Collections.

 Section 3.23 Calculation of Prefunding Target Amount. 

(a) With respect to all Tranches of Class A Notes, the Prefunding Target Amount means the greater of the amount computed under clause
(i) or (ii) for the applicable Monthly Period: 

  
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 (i) The Prefunding Target Amount for Tranches of Class A Notes with respect
to Class B Notes for any Monthly Period is equal to an amount, not less than zero, equal to the product of (x) the aggregate Adjusted Outstanding Dollar Principal Amount of Class A Notes as of the close of business on the last day of such
Monthly Period (taking into consideration any deposits or withdrawals to be made on any Note Transfer Date in the immediately succeeding Monthly Period) times (y) one minus a fraction (which shall not exceed one) the numerator of which is the
aggregate Adjusted Outstanding Dollar Principal Amount of all Tranches of Outstanding Class B Notes (taking into consideration any deposits or withdrawals to be made on any Note Transfer Date in the immediately succeeding Monthly Period) (other than
Tranches which have (A) had Early Amortization Events or other mandatory or optional redemption events in which such Tranches are to be redeemed in full in or with respect to any preceding Monthly Period, (B) had Events of Default in or
with respect to any preceding Monthly Period, or (C) reached or are expected to reach their final or only Scheduled Principal Payment Date in or with respect to the current Monthly Period or any earlier Monthly Period) and the denominator of
which is the aggregate amount of the Class A Required Subordinated Amount of Class B Notes for all Tranches of Class A Notes which are Outstanding as of the close of business on the last day of such Monthly Period (taking into
consideration any deposits or withdrawals to be made on any Note Transfer Date in the immediately succeeding Monthly Period). 

(ii) The Prefunding Target Amount for Tranches of Class A Notes with respect to Class C Notes for any Monthly Period is
equal to an amount, not less than zero, equal to the product of (x) the aggregate Adjusted Outstanding Dollar Principal Amount of Class A Notes as of the close of business on the last day of such Monthly Period (taking into consideration
any deposits or withdrawals to be made on any Note Transfer Date in the immediately succeeding Monthly Period) times (y) one minus a fraction (which shall not exceed one) the numerator of which is the aggregate Adjusted Outstanding Dollar
Principal Amount of all Tranches of Outstanding Class C Notes (taking into consideration any deposits or withdrawals to be made on any Note Transfer Date in the immediately succeeding Monthly Period) (other than Tranches which have (A) had
Early Amortization Events or other mandatory or optional redemption events in which such Tranches are to be redeemed in full in or with respect to any preceding Monthly Period, (B) had Events of Default in or with respect to any preceding
Monthly Period, or (C) reached or are expected to reach their final or only Scheduled Principal Payment Date in or with respect to the current Monthly Period or any earlier Monthly Period) and the denominator of which is the aggregate amount of
the Class A Required Subordinated Amount of Class C Notes for all Tranches of Class A Notes which are Outstanding as of the close of business on the last day of such Monthly Period (taking into consideration any deposits or withdrawals to
be made on any Note Transfer Date in the immediately succeeding Monthly Period). 

  
 50 

 (b) With respect to all Tranches of Class B Notes, the Prefunding Target Amount means with
respect to Class C Notes for any Monthly Period an amount, not less than zero, equal to the product of (x) the aggregate Adjusted Outstanding Dollar Principal Amount of Class B Notes as of the close of business on the last day of such Monthly
Period (taking into consideration any deposits or withdrawals to be made on any Note Transfer Date in the immediately succeeding Monthly Period) times (y) one minus a fraction (which shall not exceed one) the numerator of which is the aggregate
Adjusted Outstanding Dollar Principal Amount of all Tranches of Outstanding Class C Notes (taking into consideration any deposits or withdrawals to be made on any Note Transfer Date in the immediately succeeding Monthly Period) (other than Tranches
which have (A) had Early Amortization Events or other mandatory or optional redemption events in which such Tranches are to be redeemed in full in or with respect to any preceding Monthly Period, (B) had Events of Default in or with
respect to any preceding Monthly Period, or (C) reached or are expected to reach their final or only Scheduled Principal Payment Date in or with respect to the current Monthly Period or any earlier Monthly Period) and the denominator of which
is the aggregate amount of the Class B Required Subordinated Amount of Class C Notes for all Tranches of Class B Notes which are Outstanding as of the close of business on the last day of such Monthly Period (taking into consideration any deposits
or withdrawals to be made on any Note Transfer Date in the immediately succeeding Monthly Period). 
 (c) On any day during any Monthly
Period on which the Prefunding Target Amount for any Tranche of senior notes first exceeds zero, the Issuing Entity will apply Segregated CHASEseries Finance Charge Collections, as set forth in subsection 3.05(a)(i). 

Section 3.24 Targeted Deposits to the Class C Reserve Account. 

(a) The aggregate deposit targeted to be made to the Class C Reserve Account with respect to each Monthly Period is an amount equal to the sum
of Class C Reserve Sub-Account deposits, if any, targeted to be made for each specified Tranche of Class C Notes on the applicable Note Transfer Date in the immediately succeeding Monthly Period. The amount of any such deposit, the aggregate amount
targeted to be on deposit after giving effect to any such deposit and the circumstances that require that a deposit be made will be set forth in the Terms Document for such Tranche of Class C Notes. Unless another time is specified for making such
deposits in the Terms Document for each such Tranche of Class C Notes, these deposits will be made on each applicable Note Transfer Date for that Tranche of Class C Notes. 

(b) If, as determined on each Determination Date, the amount of funds which will be available on the applicable Note Transfer Date for a
Tranche of Class C Notes pursuant to subsection 3.02(e) is at least equal to the aggregate amount of the deposits targeted by clause (a) above, then the full amount of each such deposit will be made. 

  
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 (c) If, as determined on each Determination Date, the amount of funds which will be available on
the applicable Note Transfer Date for a Tranche of Class C Notes pursuant to subsection 3.02(e) is less than the aggregate amount of deposits targeted by clause (a) above, then the amount available will be allocated to each Tranche of Class C
Notes to the extent of its targeted deposit to the applicable Class C Reserve Sub-Account pro rata based on the ratio of the Nominal Liquidation Amount of that Tranche used in the CHASEseries Floating Allocation Percentage for the immediately
preceding Monthly Period to the Nominal Liquidation Amount of all Tranches of Class C Notes used in the CHASEseries Floating Allocation Percentage for the immediately preceding Monthly Period that have a targeted deposit to its respective Class C
Reserve Sub-Account; provided, however, that any excess identified in this clause (c), including in the application of this proviso, will be further allocated to each Tranche of Class C Notes which has a remaining targeted deposit to
its Class C Reserve Sub-Account up to the amount of such remaining targeted deposit pro rata based on the ratio of the Nominal Liquidation Amount of such Tranche of Class C Notes used in the CHASEseries Floating Allocation Percentage for the
immediately preceding Monthly Period to the Nominal Liquidation Amount of all Tranches of Class C Notes used in the CHASEseries Floating Allocation Percentage for the immediately preceding Monthly Period. 

Section 3.25 Withdrawals from the Class C Reserve Account. Withdrawals for any Tranche of Class C Notes will be made from the
applicable Class C Reserve Sub-Account as specified below. 
 (a) Payments of Interest; Payments with Respect to Derivative Agreements
for Interest, Accretion on CHASEseries Discount Notes. If the amount on deposit in the Interest Funding Sub-Account for any Tranche of Class C Notes is insufficient to pay in full the amounts for which withdrawals are required under
Section 3.15, on the Note Transfer Date for a Tranche of Class C Notes, an amount equal to that deficiency will be withdrawn from the Class C Reserve Sub-Account for such Tranche and deposited into that Interest Funding Sub-Account. 

(b) Payments of Principal; Payments with Respect to Derivative Agreements for Principal. If, on and after the earliest to occur of
(i) the date on which any Tranche of Class C Notes is accelerated pursuant to Section 6.02 of the Indenture following an Event of Default and acceleration of maturity with respect to such Tranche, (ii) any date on or after the Note
Transfer Date related to the Scheduled Principal Payment Date for such Tranche of Class C Notes on which the amount on deposit in the Principal Funding Sub-Account for any Tranche of Class C Notes plus the aggregate amount on deposit in the Class C
Reserve Sub-Account for such Tranche of Class C Notes equals or exceeds the Outstanding Dollar Principal Amount of such Class C Notes and (iii) the Legal Maturity Date for any Tranche of Class C Notes, the amount on deposit in the Principal
Funding Sub-Account for any Tranche of Class C Notes is insufficient to pay in full the amounts for which withdrawals are required under Section 3.16, an amount equal to that deficiency will be withdrawn from that Class C Reserve Sub-Account
for such Tranche of Class C Notes and deposited into that Principal Funding Sub-Account on the Note Transfer Date for such Tranche of Class C Notes relating to the date of the applicable withdrawal required pursuant to Section 3.16. 

  
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 (c) Withdrawal of Excess Amounts. If on any Note Transfer Date for a Tranche of Class C
Notes with respect to which no Class C Notes have been accelerated, the aggregate amount on deposit in any Class C Reserve Sub-Account exceeds the amount required to be on deposit in such Class C Reserve Sub-Account, the amount of such excess will
be withdrawn from the Class C Reserve Sub-Account and first, allocated among and deposited to the other Class C Reserve Sub-Accounts of the Tranches of Class C Notes in the manner, order and priority set forth in subsection 3.24(c), and then, paid
to the Issuing Entity. Upon payment in full of any Tranche of Class C Notes, any amount on deposit in the applicable Class C Reserve Sub-Account will be applied in accordance with the preceding sentence. 

Section 3.26 Computation of Interest. Unless otherwise provided as contemplated in Section 3.01 of the Indenture,
(i) interest on the CHASEseries Notes computed at a fixed rate will be calculated on the basis of a 360-day year of twelve 30-day months, as set forth more completely in the applicable Terms Document, and (ii) interest on the CHASEseries
Notes computed on the basis of a floating or periodic rate will be calculated on the basis of the actual number of days elapsed from and including the preceding Interest Payment Date to but excluding the current Interest Payment Date and a 360-day
year. 
 Section 3.27 Shared Excess Available Finance Charge Collections and Unapplied Master Trust Level Excess Finance Charge
Collections. 
 (a) The CHASEseries shall be included in Shared Excess Available Finance Charge Collections Group A for the purpose of
sharing Shared Excess Available Finance Charge Collections. Shared Excess Available Finance Charge Collections Group A may include Series secured by the collateral in Asset Pools other than Asset Pool One. Shared Excess Available Finance Charge
Collections allocable to the CHASEseries with respect to any Monthly Period shall be treated as CHASEseries Available Finance Charge Collections with respect to such Monthly Period and applied on the First Note Transfer Date in the immediately
succeeding Monthly Period. 
 (b) Unless otherwise provided pursuant to the terms of Section 3.12 of the Indenture, Shared Excess
Available Finance Charge Collections with respect to any Monthly Period shall be shared within Shared Excess Available Finance Charge Collections Group A to cover the applicable Series Available Finance Charge Collections Shortfalls for such Monthly
Period, if any, and applied on the applicable Note Transfer Date in the immediately succeeding Monthly Period for each Series included in Shared Excess Available Finance Charge Collections Group A for such Monthly Period. Shared Excess Available
Finance Charge Collections allocable to the CHASEseries with respect to each Monthly Period shall mean an amount equal to the Series Available Finance Charge Collections Shortfall, if any, with respect to the CHASEseries for each Monthly Period;
provided, however, that if the aggregate amount of Shared Excess Available Finance Charge Collections for all Shared Excess Available Finance Charge Collections Series in Shared Excess Available Finance Charge Collections Group A for
each Monthly Period is less than the Aggregate Series Available Finance Charge Collections Shortfall for such Monthly Period, then Shared Excess Available Finance Charge Collections 

  
 53 

 
allocable to the CHASEseries with respect to such Monthly Period shall equal the product of (i) Shared Excess Available Finance Charge Collections for all Shared Excess Available Finance
Charge Collections Series in Shared Excess Available Finance Charge Collections Group A for such Monthly Period and (ii) a fraction, the numerator of which is the Series Available Finance Charge Collections Shortfall with respect to the
CHASEseries for such Monthly Period and the denominator of which is the Aggregate Series Available Finance Charge Collections Shortfall for all Series in Shared Excess Available Finance Charge Collections Group A for such Monthly Period. 

(c) To the extent that Shared Excess Available Finance Charge Collections for any Monthly Period exceed the Aggregate Series Available Finance
Charge Collections Shortfall for such Monthly Period such excess shall be applied pursuant to subsection 3.02(h). 
 (d) If the Remaining
Series Finance Charge Shortfall for such Monthly Period is greater than zero, Unapplied Master Trust Level Excess Finance Charge Collections allocated to the CHASEseries pursuant to Section 3.14 of the Indenture shall be applied to cover any
shortfalls in amounts payable pursuant to subsections 3.02(a) through (f) with respect to such Monthly Period. 
 Section 3.28
Shared Excess Available Principal Collections. 
 (a) Shared Excess Available Principal Collections from each Series of Asset Pool
One Notes and the Excess Funding Amount for Asset Pool One shall be shared among each Series of Asset Pool One Notes, including the CHASEseries. Shared Excess Available Principal Collections allocable to the CHASEseries with respect to any Monthly
Period shall be treated as CHASEseries Available Principal Collections for such Monthly Period and applied on the applicable Note Transfer Date in the immediately succeeding Monthly Period. 

(b) Shared Excess Available Principal Collections with respect to any Monthly Period shall be shared by each Series of Asset Pool One Notes to
cover the applicable Series Available Principal Collections Shortfalls, if any, for each Series of Asset Pool One Notes for such Monthly Period and applied on the applicable Note Transfer Date in the immediately succeeding Monthly Period. Shared
Excess Available Principal Collections allocable to the CHASEseries with respect to any Monthly Period shall mean an amount equal to the Series Available Principal Collections Shortfall, if any, with respect to the CHASEseries for such Monthly
Period; provided, however, that if the aggregate amount of Shared Excess Available Principal Collections for all Series of Asset Pool One Notes for such Monthly Period is less than the Aggregate Series Available Principal Collections
Shortfall for such Monthly Period, then Shared Excess Available Principal Collections allocable to the CHASEseries with respect to such Monthly Period shall equal the product of (i) Shared Excess Available Principal Collections for all Series
of Asset Pool One Notes for such Monthly Period and (ii) a fraction, the numerator of which is the Series Available Principal Collections Shortfall with respect to the CHASEseries for such Monthly Period and the denominator of which is the
Aggregate Series Available Principal Collections Shortfall for such Monthly Period. 

  
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 Section 3.29 Unapplied Master Trust Level Principal Collections. Following
application of Shared Excess Available Principal Collections pursuant to Section 3.28, if the Remaining Series Principal Shortfall with respect to any Monthly Period is greater than zero, Unapplied Master Trust Level Principal Collections
allocated to the CHASEseries pursuant to Section 3.15 of the Indenture shall be applied to cover any shortfalls in amounts payable pursuant to subsection 3.09(e) with respect to such Monthly Period. 

Section 3.30 Allocations of Segregated CHASEseries Finance Charge Collections. Segregated CHASEseries Finance Charge Collections
shall be allocable to cover the Principal Funding Sub-Account Earnings Shortfall, if any, with respect to each Tranche of CHASEseries Notes for such Monthly Period. Segregated CHASEseries Finance Charge Collections to be applied for the benefit of
CHASEseries Notes with respect to any Note Transfer Date shall mean an amount equal to the lesser of (i) the sum of the Principal Funding Sub-Account Earnings Shortfall for all Tranches of CHASEseries Notes with respect to such Monthly Period
and (ii) the Segregated CHASEseries Finance Charge Collections for the related Monthly Period. 
 Section 3.31 Final
Payment. Each Class or Tranche of CHASEseries Notes, as applicable, will be considered to be paid in full, the Holders of such Class or Tranche of CHASEseries Notes, as applicable, will have no further right or claim, and the Issuing Entity will
have no further obligation or liability with respect to such Class or Tranche of CHASEseries Notes, as applicable, on the earliest to occur of: 

(a) the date of the payment in full of the Outstanding Dollar Principal Amount of and all accrued, past due and additional interest on that
Class or Tranche of CHASEseries Notes, as applicable; 
 (b) the date on which the Outstanding Dollar Principal Amount of such CHASEseries
Notes, after giving effect to all deposits, allocations, reimbursements, reallocations, sales of Collateral and payments to be made on such date, is reduced to zero, and all accrued, past due and additional interest on such CHASEseries Notes is paid
in full; 
 (c) on the Legal Maturity Date of such Class or Tranche of CHASEseries Notes, after giving effect to all deposits, allocations,
reimbursements, reallocations, sales of Collateral and payments to be made on such date; or 
 (d) the date on which a sale of assets has
taken place with respect to such Tranche of CHASEseries Notes as set forth in Section 3.22. 
 [END OF ARTICLE III] 

  
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 ARTICLE IV 

EARLY AMORTIZATION OF NOTES 

Section 4.01 Early Amortization Events. 

(a) In addition to the events identified as Early Amortization Events in Section 11.01 of the Indenture, the occurrence of any of the
following events (each, an “Early Amortization Event”) will result in an early amortization event for the CHASEseries Notes: 

(i) if the average Excess Spread Percentage for any three consecutive Monthly Periods is less than the Required Excess Spread
Percentage; 
 (ii) if (x) the Issuing Entity fails to add additional Collateral to Asset Pool One or (y) the
Invested Amount of an existing Asset Pool One Collateral Certificate is not increased when either action is required pursuant to the Asset Pool One Supplement; 

(iii) if any Master Owner Trust Servicer Default occurs which would have a material adverse effect on the CHASEseries
Noteholders; or 
 (iv) if (x) any Asset Pool One Restriction Event shall have occurred and (y) (1) the Asset
Pool One Pool Balance for the Monthly Period in which such Asset Pool One Restriction Event shall have occurred or any Monthly Period thereafter as determined with respect to each Monthly Period on the following Determination Date, calculated
without giving effect to (I) the Invested Amount of any Asset Pool One Collateral Certificate with respect to which an Asset Pool One Restriction Event has occurred and (II) any Asset Pool One Principal Receivables arising in any Asset Pool One
Account with respect to which an Asset Pool One Restriction Event has occurred, does not equal or exceed the Asset Pool One Minimum Pool Balance for such Monthly Period or (2) the Asset Pool One Transferor Amount for the Monthly Period in which
such Asset Pool One Restriction Event shall have occurred or any Monthly Period thereafter as determined with respect to each Monthly Period on the following Determination Date, calculated without giving effect to (I) the Invested Amount of any
Asset Pool One Collateral Certificate with respect to which an Asset Pool One Restriction Event has occurred and (II) any Asset Pool One Principal Receivables arising in any Asset Pool One Account with respect to which an Asset Pool One Restriction
Event has occurred, does not equal or exceed the Asset Pool One Required Transferor Amount for such Monthly Period, and in each case within 10 days of the applicable Determination Date the Issuing Entity shall fail to add additional Collateral to
Asset Pool One or increase the Invested Amount of an Asset Pool One Collateral Certificate in a sufficient amount such 

  
 56 

 
that the Asset Pool One Pool Balance equals or exceeds the Asset Pool One Minimum Pool Balance for the Monthly Period in which the Asset Pool One Restriction Event occurred and the Asset Pool One
Transferor Amount equals or exceeds the Asset Pool One Required Transferor Amount for the Monthly Period in which the Asset Pool One Restriction Event occurred, each as calculated after giving effect to the reductions specified in clauses (y)(1)(I)
and (y)(1)(II), or (y)(2)(I) and (y)(2)(II) above and after giving effect to such additions or increases as if made prior to the close of business on the last day of the applicable Monthly Period. 

(b) In addition, the Terms Document for any Tranche of CHASEseries Notes may list additional events which are “Early Amortization
Events” with respect to such Tranche of CHASEseries Notes. 
 [END OF ARTICLE IV] 

  
 57 

 ARTICLE V 

BANK ACCOUNTS AND INVESTMENTS 

Section 5.01 Bank Accounts. 

(a) On or before the date hereof, the Issuing Entity will cause to be established and maintained three Qualified Bank Accounts denominated as
follows: the “Interest Funding Account,” the “Principal Funding Account,” and the “Class C Reserve Account” in the name of the Collateral Agent, bearing a designation clearly indicating that the funds deposited therein
are held for the benefit of the CHASEseries Noteholders (or, in the case of the Class C Reserve Account, for the benefit of the Class C Noteholders). The Interest Funding Account, the Principal Funding Account and the Class C Reserve Account
constitute Supplemental Bank Accounts and shall be under the sole dominion and control of the Collateral Agent for the benefit of the CHASEseries Noteholders (or, in the case of the Class C Reserve Account, for the benefit of the Class C
Noteholders). If, at any time, the institution holding any of the Interest Funding Account, the Principal Funding Account or the Class C Reserve Account ceases to be a Qualified Institution, the Issuing Entity will within 10 Business Days (or such
longer period, not to exceed 30 calendar days, as to which each Note Rating Agency may consent) establish a new Interest Funding Account, Principal Funding Account or Class C Reserve Account, as the case may be, that is a Qualified Bank Account and
shall transfer any cash and/or investments to such new Interest Funding Account, Principal Funding Account or Class C Reserve Account, as the case may be. From the date such new Interest Funding Account, Principal Funding Account or Class C Reserve
Account is established, it will be the “Interest Funding Account,” “Principal Funding Account” or “Class C Reserve Account,” as the case may be. Each Tranche of CHASEseries Notes will have its own Sub-Account within the
Interest Funding Account, the Principal Funding Account and, in the case of the Class C Notes, the Class C Reserve Account. The Interest Funding Account, the Principal Funding Account, and the Class C Reserve Account will receive deposits pursuant
to Article III. 
 (b) Notwithstanding any provision of subsection 4.03(a) of the Indenture to the contrary, any prefunded amounts on
deposit in the Principal Funding Account will be invested in Permitted Investments that will mature no later than the following applicable Note Transfer Date. 

(c) All payments to be made from time to time by the Indenture Trustee to Noteholders out of funds in the Interest Funding Account, the
Principal Funding Account or the Class C Reserve Account pursuant to this Indenture Supplement will be made by the Indenture Trustee to the Paying Agent not later than 1:00 p.m. New York City time on the applicable Interest Payment Date or Principal
Payment Date but only to the extent of available funds in the applicable Sub-Account or as otherwise provided in Article III. 

  
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 (d) On each applicable Note Transfer Date for a Tranche of Class C Notes, all interest and
earnings (net of losses and investment expenses) accrued since the preceding Note Transfer Date for such Tranche of Class C Notes on funds on deposit in the Class C Reserve Account will be retained in the Class C Reserve Account (to the extent that
the sum of the amount on deposit in the Class C Reserve Account with respect to the related Monthly Period is less than the required balance for the Class C Reserve Account for that Monthly Period) and the excess, if any, will be paid to the Issuing
Entity. 
 (e) Notwithstanding the definition of “Permitted Investments” in the Indenture, Permitted Investments in the Class C
Reserve Account shall be required to have a rating from Moody’s and Standard & Poor’s of at least “P-2” and “A-2,” respectively, and, if rated by Fitch, at least “F2” from Fitch. 

[END OF ARTICLE V] 

  
 59 

 IN WITNESS WHEREOF, the parties hereto have caused this Indenture Supplement to be duly executed,
and their respective corporate seals to be hereunto affixed and attested, all as of the day and year first above written. 
  

			
	CHASE ISSUANCE TRUST
		
	By:	 	 WILMINGTON TRUST COMPANY,
 not in its individual
capacity but solely as Owner Trustee

		
	By:	 	  

		 	Name:
		 	Title:
	
	WELLS FARGO BANK,
	NATIONAL ASSOCIATION, as Indenture Trustee and not in its individual capacity
		
	By:	 	  

		 	Name:
		 	Title:

 STATE OF DELAWARE         ) 

                        )
        ss: 
 COUNTY OF CASTLE         ) 

On this     day of             , 20    ,
before me personally came             , a             of
            , to me known to be the person described in and who executed the foregoing instrument, and duly acknowledged that [he][she] executed the same for the purposes therein contained,
and acknowledged the same to be [his][her] free act and deed. 
  

	
	  

	Name
	
	  

	[Notarial Seal]

 STATE OF NEW YORK             ) 

                        )
        ss: 
 COUNTY OF NEW YORK         ) 

On [    ], [    ], before me personally came [    ], to me known, who, being by me
duly sworn, did depose and say that [he][she] resides at [    ]; that [he][she] is of [            ], one of the parties described in and which executed the above
instrument; that [he][she] knows the corporate seal of said corporation; that the seal affixed to that instrument is such corporate seal; that it was affixed by authority of the board of directors of the corporation; and that [he][she] signed his
name thereto by like authority. 
  

	
	  

	Name
	
	  

	[Notarial Seal]

 Exhibit A-1 

FORM OF CLASS A NOTE 
 UNLESS THIS NOTE IS
PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE ISSUING ENTITY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME
OF CEDE & CO. OR TO SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE
OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 

THE HOLDER OF THIS NOTE BY ITS ACCEPTANCE HEREOF COVENANTS AND AGREES THAT IT WILL NOT AT ANY TIME INSTITUTE AGAINST THE CHASE ISSUANCE TRUST, CHASE CARD
FUNDING LLC, OR CHASE BANK USA, NATIONAL ASSOCIATION, OR JOIN IN ANY INSTITUTION AGAINST THE CHASE ISSUANCE TRUST, CHASE CARD FUNDING LLC, OR CHASE BANK USA, NATIONAL ASSOCIATION, IN, ANY BANKRUPTCY PROCEEDINGS UNDER ANY UNITED STATES FEDERAL OR
STATE BANKRUPTCY OR SIMILAR LAW IN CONNECTION WITH ANY OBLIGATIONS RELATING TO THE NOTES OR THE INDENTURE. 
 THE HOLDER OF THIS NOTE, BY ACCEPTANCE OF THIS
NOTE, AND EACH HOLDER OF A BENEFICIAL INTEREST IN THIS NOTE, BY THE ACQUISITION OF A BENEFICIAL INTEREST THEREIN, AGREE TO TREAT THE NOTES AS INDEBTEDNESS OF CHASE BANK USA, NATIONAL ASSOCIATION FOR APPLICABLE FEDERAL, STATE, AND LOCAL INCOME AND
FRANCHISE TAX LAW AND FOR PURPOSES OF ANY OTHER TAX IMPOSED ON OR MEASURED BY INCOME. 
 THE HOLDER OF ITS NOTE, BY ITS ACCEPTANCE OF THIS NOTE, AND EACH
HOLDER OF A BENEFICIAL INTEREST IN THIS NOTE, BY ITS ACQUISITION OF A BENEFICIAL INTEREST HEREIN, WILL BE DEEMED TO REPRESENT AND WARRANT THAT EITHER (I) IT IS NOT, AND IS NOT DIRECTLY OR INDIRECTLY ACQUIRING THIS NOTE OR ANY BENEFICIAL
INTEREST HEREIN FOR, ON BEHALF OF OR WITH ANY ASSETS OF, AN EMPLOYEE BENEFIT PLAN (WITHIN THE MEANING OF SECTION 3(3) OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”)) SUBJECT TO THE FIDUCIARY RESPONSIBILITY
PROVISIONS OF TITLE I OF ERISA, A PLAN (WITHIN THE MEANING OF SECTION 4975(e)(1) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”)) SUBJECT TO SECTION 4975 OF THE CODE, OR A GOVERNMENTAL PLAN (WITHIN THE

  
 A-1-1 

 
MEANING OF SECTION 3(32) OF ERISA), CHURCH PLAN (WITHIN THE MEANING OF SECTION 3(33) OF ERISA), OR NON-U.S. PLAN (AS DESCRIBED IN SECTION 4(b)(4) OF ERISA) OR (II) ITS ACQUISITION AND HOLDING OF
THIS NOTE OR A BENEFICIAL INTEREST HEREIN DOES NOT AND WILL NOT CONSTITUTE OR OTHERWISE RESULT IN A NON-EXEMPT PROHIBITED TRANSACTION IN VIOLATION OF SECTION 406 OR 407 OF ERISA OR SECTION 4975 OF THE CODE (OR, IN THE CASE OF A GOVERNMENTAL, CHURCH
OR NON-U.S. PLAN, A VIOLATION OF ANY SUBSTANTIALLY SIMILAR NON-U.S., FEDERAL, STATE OR LOCAL LAW). 

  
 A-1-2 

					
	REGISTERED	  		  	up to $_________
			
	No. __	  		  	CUSIP NO. __________

 CHASE ISSUANCE TRUST 

[Floating Rate] 
 CHASEseries
CLASS A(20[•][•]-[•]) NOTE 
 Chase Issuance Trust, a statutory trust created under the laws of the State of Delaware (herein
referred to as the “Issuing Entity”), for value received, hereby promises to pay to CEDE & CO., or registered assigns, subject to the following provisions, a principal sum of
            payable on the             Payment Date (the “Scheduled Principal Payment Date”), except as otherwise
provided below or in the Indenture; provided, however, that the entire unpaid principal amount of this Note shall be due and payable on the             Payment Date (the
“Legal Maturity Date”). Interest will accrue on this Note at the rate of LIBOR plus             % per annum, as more specifically set forth in the Class
A(20[•][•]-[•]) Terms Document, dated as of     , 20            (the “Terms Document”), between the Issuing Entity, the Indenture Trustee and
the Collateral Agent, and shall be due and payable on each Interest Payment Date from the Monthly Interest Accrual Date in the related Monthly Period (or, in the case of the first Interest Payment Date, from and including the date of issuance of
this Note) to but excluding the first Monthly Interest Accrual Date after the end of that Monthly Period. Interest will be computed on the basis of a 360-day year [and the actual number of days elapsed] [consisting of twelve 30-day months]. Such
principal of and interest on this Note shall be paid in the manner specified on the reverse hereof. 
 The principal of and interest on this
Note are payable in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. All payments made by the Issuing Entity with respect to this Note shall be applied first to
interest due and payable on this Note as provided above and then to the unpaid principal of this Note. 
 Reference is made to the further
provisions of this Note set forth on the reverse hereof, which shall have the same effect as though fully set forth on the face of this Note. 

Unless the certificate of authentication hereon has been executed by the Indenture Trustee whose name appears below by manual signature, this
Note shall not be entitled to any benefit under the Indenture referred to on the reverse hereof, or be valid or obligatory for any purpose. 

  
 A-1-3 

 IN WITNESS WHEREOF, the Issuing Entity has caused this instrument to be signed, manually or in
facsimile, by its Authorized Officer. 
  

			
	CHASE ISSUANCE TRUST, as Issuing Entity
		
	By:	 	WILMINGTON TRUST COMPANY, not in its individual capacity but solely as Owner Trustee
		
	By:	 	  

		 	Name:
		 	Title:

 Date:             ,
             
 INDENTURE TRUSTEE’S CERTIFICATE OF AUTHENTICATION

 This is one of the Notes designated above and referred to in the within-mentioned Indenture. 

 

			
	WELLS FARGO BANK, NATIONAL
	ASSOCIATION, not in its individual capacity but solely as Indenture Trustee
		
	By:	 	  

		 	Name:
		 	Title:

 Date:             ,
             

  
 A-1-4 

 [REVERSE OF NOTE] 

This Class A Note is one of the Notes of a duly authorized issue of Notes of the Issuing Entity, designated as its “CHASEseries
Class A Notes” (herein called the “Notes”), all issued under a Fourth Amended and Restated Indenture dated as of     , 2016 (such indenture, as supplemented or amended, is herein called the
“Indenture”) between the Issuing Entity and Wells Fargo Bank, National Association, as indenture trustee (the “Indenture Trustee,” which term includes and successor Indenture Trustee under the Indenture), as supplemented by a
Third Amended and Restated Asset Pool One Supplement dated as of     , 2016 (the “Asset Pool One Supplement”), a Second Amended and Restated CHASEseries Indenture Supplement dated as of     , 2016
(the “Indenture Supplement”) and the Terms Document, each between the Issuing Entity and Wells Fargo Bank, National Association, as Indenture Trustee and collateral agent (the “Collateral Agent”), to which Indenture and all
indentures supplemental thereto reference is hereby made for a statement of the respective rights and obligations thereunder of the Issuing Entity, the Indenture Trustee, the Collateral Agent and the Holders of the Notes. The Notes are subject to
all terms of the Indenture. All terms used in this Note that are defined in the Indenture, as supplemented or amended, shall have the meanings assigned to them in or pursuant to the Indenture, as so supplemented or amended. 

Although a summary of certain provisions of the Indenture is set forth below, this Note is qualified in its entirety by the terms and
provisions of the Indenture and reference is made to that Indenture for information with respect to the interests, rights, benefits, obligations, proceeds and duties evidenced hereby and the rights, duties and obligations of the Indenture Trustee.

 The Class B Notes and the Class C Notes will also be issued under the Indenture. 

The Notes are and will be equally and ratably secured by the collateral pledged as security therefor as provided in the Indenture and the
Asset Pool One Supplement. 
 Principal of this Note will be payable on the Scheduled Principal Payment Date in an amount described on the
face hereof, subject to the provisions of the Indenture. 
 As described above, the entire unpaid principal amount of this Note shall be due
and payable on the Legal Maturity Date. Notwithstanding the foregoing, the entire unpaid principal amount of the Notes shall be due and payable on the date on which an Event of Default relating solely to the non-payment of interest on the Notes
shall have occurred and be continuing and the Indenture Trustee or the Holders of more than 66 2⁄3% of the Outstanding Dollar Principal Amount of the Notes
have declared the Notes to be immediately due and payable in the manner provided in Section 6.02 of the Indenture; provided, however, that such acceleration of the entire unpaid principal amount of the Notes may be rescinded by
the holders of more than 66 2⁄3% of the Outstanding Dollar Principal Amount of the Notes. All principal payments on the Notes shall be made pro rata to the
Noteholders entitled thereto. 

  
 A-1-5 

 On any Payment Date on or after the Payment Date on which the aggregate Nominal Liquidation
Amount (after giving effect to all payments on such Payment Date) of any tranche of Notes is reduced to less than 10% of its highest Outstanding Dollar Principal Amount at any time, the Servicer has the right, but not the obligation, to redeem such
class of Notes in whole but not in part, pursuant to Section 11.02 of the Indenture. The redemption price of a class of Notes will equal 100% of the Outstanding Dollar Principal Amount of such Tranche plus accrued, unpaid and additional
interest or principal accreted and unpaid on such Tranche to but excluding the date of redemption. 
 Subject to the terms and conditions of
the Indenture, the Issuing Entity may, from time to time, issue one or more series of Notes secured by one or more asset pools. Subject to the terms of the Asset Pool One Supplement, the Issuing Entity may, from time to time, issue one or more
series of Notes secured by Asset Pool One. Subject to the terms and conditions of the Indenture Supplement, the Issuing Entity may, from time to time, issue one or more Tranches of CHASEseries Notes. 

On each Payment Date, the Paying Agent shall distribute to each Noteholder of record on the related Record Date (except for the final
distribution with respect to this Note) such Noteholder’s pro rata share of the amounts held by the Paying Agent that are allocated and available on such Payment Date to pay interest and principal on the Notes. Final payments of this Note will
be made only upon presentation and surrender of this Note at the office or offices therein specified. 
 Payments of interest on this Note
due and payable on each Interest Payment Date, together with the installment of principal, if any, due and payable on each Principal Payment Date, to the extent not in full payment of this Note, shall be made by check mailed to the Person whose name
appears as the Registered Holder of this Note (or one or more Predecessor Notes) on the Note Register as of the close of business on each Record Date, except that with respect to Notes registered on the Record Date in the name of the nominee of the
clearing agency (initially, such nominee to be Cede & Co.), payments will be made by wire transfer in immediately available funds to the account designated by such nominee. Such checks shall be mailed to the Person entitled thereto at the
address of such Person as it appears on the Note Register as of the applicable Record Date without requiring that this Note be submitted for notation of payment. Any reduction in the principal amount of this Note (or any one or more Predecessor
Notes) effected by any payments made on any Payment Date shall be binding upon all future Holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof, whether or not noted hereon. If
funds are expected to be available, as provided in the Indenture, for payment in full of the then remaining unpaid principal amount of this Note on a Payment Date, then the Indenture Trustee, in the name of and on behalf of the Issuing Entity, will
notify the Person who was the Registered Holder hereof as of the Record Date preceding such Payment Date by notice mailed within five days of such Payment Date and the amount then due and payable shall be payable only upon presentation and surrender
of this Note at the Indenture Trustee’s principal Corporate Trust Office or at the office of the Indenture Trustee’s agent appointed for such purposes located in the City of New York. On any payment of interest or principal being made,
details of such payment shall be entered by the Indenture Trustee on behalf of the Issuing Entity in Schedule A hereto. 

  
 A-1-6 

 As provided in the Indenture and subject to certain limitations set forth therein, the transfer
of this Note may be registered on the Note Register upon surrender of this Note for registration of transfer at the office or agency designated by the Issuing Entity pursuant to the Indenture, duly endorsed by, or accompanied by a written instrument
of transfer in form satisfactory to the Indenture Trustee duly executed by, the Holder hereof or his attorney duly authorized in writing, with such signature guaranteed by a commercial bank or trust company located, or having a correspondent
located, in the City of New York or the city in which the Corporate Trust Office is located, or a member firm of a national securities exchange, and such other documents as the Indenture Trustee may require, and thereupon one or more new Notes of
authorized denominations and in the same aggregate principal amount will be issued to the designated transferee or transferees. No service charge will be charged for any registration of transfer or exchange of this Note, but the transferor may be
required to pay a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any such registration of transfer or exchange. 

Each Noteholder or Note Owner, by acceptance of a Note or, in the case of a Note Owner, a beneficial interest in a Note covenants and agrees
that no recourse may be taken, directly or indirectly, with respect to the obligations of the Issuing Entity, the Owner Trustee or the Indenture Trustee on the Notes or under the Indenture or any certificate or other writing delivered in connection
therewith, against (i) the Indenture Trustee, the Collateral Agent or the Owner Trustee in its individual capacity, (ii) any owner of a beneficial interest in the Issuing Entity or (iii) any partner, owner, beneficiary, agent,
officer, director or employee of the Indenture Trustee, the Collateral Agent or the Owner Trustee in its individual capacity, any holder of a beneficial interest in the Issuing Entity, the Owner Trustee, the Collateral Agent or the Indenture Trustee
or of any successor or assign of the Indenture Trustee, the Collateral Agent or the Owner Trustee in its individual capacity, except as any such Person may have expressly agreed and except that any such partner, owner or beneficiary shall be fully
liable, to the extent provided by applicable law, for any unpaid consideration for stock, unpaid capital contribution or failure to pay any installment or call owing to such entity. 

Each Noteholder or Note Owner, by acceptance of a Note or, in the case of a Note Owner, a beneficial interest in a Note, covenants and agrees
that by accepting the benefits of the Indenture that such Noteholder will not at any time institute against Chase Bank USA, National Association, Chase Card Funding LLC or the Issuing Entity, or join with any institution against Chase Bank USA,
National Association, Chase Card Funding LLC or the Issuing Entity, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other proceedings under any United States Federal or state bankruptcy or similar law in
connection with any obligations relating to the Notes, the Indenture, the Asset Pool One Supplement, the CHASEseries Indenture Supplement, the Terms Document or any Derivative Agreement. 

  
 A-1-7 

 Prior to the due presentment for registration of transfer of this Note, the Issuing Entity, the
Indenture Trustee and any agent of the Issuing Entity or the Indenture Trustee may treat the Person in whose name this Note (as of the day of determination or as of such other date as may be specified in the Indenture) is registered as the owner
hereof for all purposes, whether or not this Note be overdue, and neither the Issuing Entity, the Indenture Trustee nor any such agent shall be affected by notice to the contrary. 

The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations
of the Issuing Entity and the rights of the Holders of the Notes under the Indenture at any time by the Issuing Entity with the consent of the Holders of Notes representing more than 66 2⁄3% of the Outstanding Dollar Principal Amount of the Notes. The Indenture also contains provisions permitting the Holders of Notes representing specified percentages of the Outstanding Dollar Principal Amount of
the Notes, on behalf of the Holders of all the Notes, to waive compliance by the Issuing Entity with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder
of this Note (or any one of more Predecessor Notes) shall be conclusive and binding upon such Holder and upon all future Holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof
whether or not notation of such consent or waiver is made upon this Note. The Indenture also permits the Indenture Trustee to amend or waive certain terms and conditions set forth in the Indenture without the consent of Holders of the Notes issued
thereunder. 
 Any Holder of any Note that is a Requesting Party that has made a Repurchase Request agrees to be bound by the dispute
resolutions provisions of the Indenture if such Repurchase Request is not resolved. 
 The term “Issuing Entity” as used in this
Note includes any successor to the Issuing Entity under the Indenture. 
 The Issuing Entity is permitted by the Indenture, under certain
circumstances, to merge or consolidate, subject to the rights of the Indenture Trustee and the Holders of Notes under the Indenture. 
 The
Notes are issuable only in registered form in denominations as provided in the Indenture, subject to certain limitations therein set forth. 

THIS NOTE AND THE INDENTURE WILL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF DELAWARE, WITHOUT REFERENCE TO ITS
CONFLICT OF LAW PROVISIONS AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 

No reference herein to the Indenture and no provision of this Note or of the Indenture shall alter or impair the obligation of the Issuing
Entity, which is absolute and unconditional, to pay the principal of and interest on this Note at the times, place, and rate, and in the coin or currency herein prescribed. 

  
 A-1-8 

 No recourse may be taken, directly or indirectly, with respect to the obligations of the Issuing
Entity on the Notes or under the Indenture or any certificate or other writing delivered in connection herewith or therewith, against (i) the Owner Trustee in its individual capacity, (ii) any owner of a beneficial interest in the Issuing
Entity or (iii) any partner, owner, beneficiary, agent, officer, director, employee or agent of the Owner Trustee in its individual capacity, any holder of a beneficial interest in the Issuing Entity or the Owner Trustee or of any successor or
assign of the Owner Trustee in its individual capacity, except as any such Person may have expressly agreed (it being understood that the Owner Trustee has no such obligations in its individual capacity). The Holder of this Note by the acceptance
hereof agrees that, except as expressly provided in the Indenture, the Asset Pool One Supplement, the CHASEseries Indenture Supplement and the Terms Document, in the case of an Event of Default under the Indenture, the Holder shall have no claim
against any of the foregoing for any deficiency, loss or claim therefrom; provided, however, that nothing contained herein shall be taken to prevent recourse to, and enforcement against, the assets of the Issuing Entity for any and all
liabilities, obligations and undertakings contained in the Indenture or in this Note. 
 Notwithstanding the allocation provisions of the
Indenture, the Asset Pool One Supplement, each additional Asset Pool Supplement, the CHASEseries Indenture Supplement and the indenture supplements for each other Series of Notes, if any, to the extent that the CHASEseries Noteholders are deemed to
have any interest in any assets of the Issuing Entity allocated to other Notes, each Noteholder or Note Owner, by acceptance of a Note, or in the case of a Note Owner, a beneficial interest in a Note, shall agree that their interest in those assets
is subordinate to claims or rights of such other Noteholders to those other assets. Further, each Noteholder or Note Owner, by acceptance of a Note, or in the case of a Note Owner, a beneficial interest in a Note, shall agree that such agreement
constitutes a subordination agreement for purposes of Section 510(a) of the Bankruptcy Code. 

  
 A-1-9 

 ASSIGNMENT 

Social Security or taxpayer I.D. or other identifying number of assignee 

FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto 

(name and address of assignee) 
 the within Note and all rights
thereunder, and hereby irrevocably constitutes and appoints attorney, to transfer said Note on the books kept for registration thereof, with full power of substitution in the premises. 

 

					
	Dated:	 	  
	 	
		
	  
	 	*
	Signature Guaranteed:	 	

  

	*	NOTE: The signature to this assignment must correspond with the name of the registered owner as it appears on the face of the within Note in every particular, without alteration, enlargement or any change whatsoever.

  
 A-1-10 

 SCHEDULE A 

PART I 
 INTEREST PAYMENTS 

 

									
	 Interest
Payment Date
	  	Date of
Payment	  	Total Amount
of Interest 
Payable	  	Amount of
Interest
Paid	  	Confirmation
of payment by
or on behalf 
of the Trust
	 First
	  		  		  		  	
	 Second
	  		  		  		  	

 [continue numbering until the appropriate number of interest payment dates for the Notes is reached] 

  
 A-1-11 

 PART II 

PRINCIPAL PAYMENTS 
  

							
	 Date of

Payment
	  	 Total Amount Payable
	  	Total Amount Paid	  	Confirmation of
payment by or on
behalf of the Trust

 

							
	 Date of

Payment
	  	 Total Amount Payable
	  	Total Amount Paid	  	Confirmation of
payment by or on
behalf of the Trust

 [continue numbering until the appropriate number of installment dates for the Notes is reached] 

  
 A-1-12 

 Exhibit A-2 

FORM OF CLASS B NOTE 
 UNLESS THIS NOTE IS
PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE ISSUING ENTITY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME
OF CEDE & CO. OR TO SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE
OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 

THE HOLDER OF THIS NOTE BY ITS ACCEPTANCE HEREOF COVENANTS AND AGREES THAT IT WILL NOT AT ANY TIME INSTITUTE AGAINST THE CHASE ISSUANCE TRUST, CHASE CARD
FUNDING LLC, OR CHASE BANK USA, NATIONAL ASSOCIATION, OR JOIN IN ANY INSTITUTION AGAINST THE CHASE ISSUANCE TRUST, CHASE CARD FUNDING LLC, OR CHASE BANK USA, NATIONAL ASSOCIATION, IN, ANY BANKRUPTCY PROCEEDINGS UNDER ANY UNITED STATES FEDERAL OR
STATE BANKRUPTCY OR SIMILAR LAW IN CONNECTION WITH ANY OBLIGATIONS RELATING TO THE NOTES OR THE INDENTURE. 
 THE HOLDER OF THIS NOTE, BY ACCEPTANCE OF THIS
NOTE, AND EACH HOLDER OF A BENEFICIAL INTEREST IN THIS NOTE, BY THE ACQUISITION OF A BENEFICIAL INTEREST THEREIN, AGREE TO TREAT THE NOTES AS INDEBTEDNESS OF CHASE BANK USA, NATIONAL ASSOCIATION FOR APPLICABLE FEDERAL, STATE, AND LOCAL INCOME AND
FRANCHISE TAX LAW AND FOR PURPOSES OF ANY OTHER TAX IMPOSED ON OR MEASURED BY INCOME. 
 THE HOLDER OF ITS NOTE, BY ITS ACCEPTANCE OF THIS NOTE, AND EACH
HOLDER OF A BENEFICIAL INTEREST IN THIS NOTE, BY ITS ACQUISITION OF A BENEFICIAL INTEREST HEREIN, WILL BE DEEMED TO REPRESENT AND WARRANT THAT EITHER (I) IT IS NOT, AND IS NOT DIRECTLY OR INDIRECTLY ACQUIRING THIS NOTE OR ANY BENEFICIAL
INTEREST HEREIN FOR, ON BEHALF OF OR WITH ANY ASSETS OF, AN EMPLOYEE BENEFIT PLAN (WITHIN THE MEANING OF SECTION 3(3) OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”)) SUBJECT TO THE FIDUCIARY RESPONSIBILITY
PROVISIONS OF TITLE I OF ERISA, A PLAN (WITHIN THE MEANING OF SECTION 4975(e)(1) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”)) SUBJECT TO SECTION 4975 OF THE CODE, OR A GOVERNMENTAL PLAN (WITHIN THE

  
 A-2-1 

 
MEANING OF SECTION 3(32) OF ERISA), CHURCH PLAN (WITHIN THE MEANING OF SECTION 3(33) OF ERISA), OR NON-U.S. PLAN (AS DESCRIBED IN SECTION 4(b)(4) OF ERISA) OR (II) ITS ACQUISITION AND HOLDING OF
THIS NOTE OR A BENEFICIAL INTEREST HEREIN DOES NOT AND WILL NOT CONSTITUTE OR OTHERWISE RESULT IN A NON-EXEMPT PROHIBITED TRANSACTION IN VIOLATION OF SECTION 406 OR 407 OF ERISA OR SECTION 4975 OF THE CODE (OR, IN THE CASE OF A GOVERNMENTAL, CHURCH
OR NON-U.S. PLAN, A VIOLATION OF ANY SUBSTANTIALLY SIMILAR NON-U.S., FEDERAL, STATE OR LOCAL LAW). 

  
 A-2-2 

					
	REGISTERED	  		  	up to $_________
			
	No. __	  		  	CUSIP NO. __________

 CHASE ISSUANCE TRUST 

[Floating Rate] 
 CHASEseries
CLASS B(20[•][•]-[•]) NOTE 
 Chase Issuance Trust, a statutory trust created under the laws of the State of Delaware (herein
referred to as the “Issuing Entity”), for value received, hereby promises to pay to CEDE & CO., or registered assigns, subject to the following provisions, a principal sum of
            payable on the             Payment Date (the “Scheduled Principal Payment Date”), except as otherwise
provided below or in the Indenture; provided, however, that the entire unpaid principal amount of this Note shall be due and payable on the             Payment Date (the
“Legal Maturity Date”). Interest will accrue on this Note at the rate of LIBOR plus             % per annum, as more specifically set forth in the Class
B(20[•][•]-[•]) Terms Document, dated as of     , 20    (the “Terms Document”), between the Issuing Entity, the Indenture Trustee and the Collateral Agent, and shall be due and payable
on each Interest Payment Date from the Monthly Interest Accrual Date in the related Monthly Period (or, in the case of the first Interest Payment Date, from and including the date of issuance of this Note) to but excluding the first Monthly Interest
Accrual Date after the end of that Monthly Period. Interest will be computed on the basis of a 360-day year [and the actual number of days elapsed] [consisting of twelve 30-day months]. Such principal of and interest on this Note shall be paid in
the manner specified on the reverse hereof. 
 The principal of and interest on this Note are payable in such coin or currency of the United
States of America as at the time of payment is legal tender for payment of public and private debts. All payments made by the Issuing Entity with respect to this Note shall be applied first to interest due and payable on this Note as provided above
and then to the unpaid principal of this Note. 
 Reference is made to the further provisions of this Note set forth on the reverse hereof,
which shall have the same effect as though fully set forth on the face of this Note. 
 Unless the certificate of authentication hereon has
been executed by the Indenture Trustee whose name appears below by manual signature, this Note shall not be entitled to any benefit under the Indenture referred to on the reverse hereof, or be valid or obligatory for any purpose. 

  
 A-2-3 

 IN WITNESS WHEREOF, the Issuing Entity has caused this instrument to be signed, manually or in
facsimile, by its Authorized Officer. 
  

			
	CHASE ISSUANCE TRUST, as Issuing Entity
		
	By:	 	 WILMINGTON TRUST COMPANY,
 not in its individual
capacity but solely as Owner Trustee

		
	By:	 	  

		 	Name:
		 	Title:

 Date:             ,
             
 INDENTURE TRUSTEE’S CERTIFICATE OF AUTHENTICATION

 This is one of the Notes designated above and referred to in the within-mentioned Indenture. 

 

			
	WELLS FARGO BANK, NATIONAL
	ASSOCIATION, not in its individual capacity but solely as Indenture Trustee
		
	By:	 	  

		 	Name:
		 	Title:

 Date:             ,
             

  
 A-2-4 

 [REVERSE OF NOTE] 

This Class B Note is one of the Notes of a duly authorized issue of Notes of the Issuing Entity, designated as its “CHASEseries Class B
Notes” (herein called the “Notes”), all issued under a Fourth Amended and Restated Indenture dated as of     , 2016 (such indenture, as supplemented or amended, is herein called the “Indenture”) between
the Issuing Entity and Wells Fargo Bank, National Association, as indenture trustee (the “Indenture Trustee,” which term includes any successor Indenture Trustee under the Indenture), as supplemented by a Third Amended and Restated Asset
Pool One Supplement dated as of     , 2016, a Second Amended and Restated CHASEseries Indenture Supplement dated as of     , 2016 (the “Indenture Supplement”) and the Class B Terms Document, each
between the Issuing Entity and Wells Fargo Bank, National Association, as Indenture Trustee and collateral agent (the “Collateral Agent”), to which Indenture and all indentures supplemental thereto reference is hereby made for a statement
of the respective rights and obligations thereunder of the Issuing Entity, the Indenture Trustee, the Collateral Agent and the Holders of the Notes. The Notes are subject to all terms of the Indenture. All terms used in this Note that are defined in
the Indenture, as supplemented or amended, shall have the meanings assigned to them in or pursuant to the Indenture, as so supplemented or amended. 

Although a summary of certain provisions of the Indenture is set forth below, this Note is qualified in its entirety by the terms and
provisions of the Indenture and reference is made to that Indenture for information with respect to the interests, rights, benefits, obligations, proceeds and duties evidenced hereby and the rights, duties and obligations of the Indenture Trustee.

 The Class A Notes and the Class C Notes will also be issued under the Indenture. 

The Notes are and will be equally and ratably secured by the collateral pledged as security therefor as provided in the Indenture and the
Asset Pool One Supplement. 
 Principal of this Note will be payable on the Scheduled Principal Payment Date in an amount described on the
face hereof, subject to the provisions of the Indenture. 
 As described above, the entire unpaid principal amount of this Note shall be due
and payable on the Legal Maturity Date. Notwithstanding the foregoing, the entire unpaid principal amount of the Notes shall be due and payable on the date on which an Event of Default relating solely to the non-payment of interest on the Notes
shall have occurred and be continuing and the Indenture Trustee or the Holders of more than 66 2⁄3% of the Outstanding Dollar Principal Amount of the Notes
have declared the Notes to be immediately due and payable in the manner provided in Section 6.02 of the Indenture; provided, however, that such acceleration of the entire unpaid principal amount of the Notes may be rescinded by
the holders of more than 66 2⁄3% of the Outstanding Dollar Principal Amount of the Notes. All principal payments on the Notes shall be made pro rata to the
Noteholders entitled thereto. 

  
 A-2-5 

 On any Payment Date on or after the Payment Date on which the aggregate Nominal Liquidation
Amount (after giving effect to all payments on such Payment Date) of any class of Notes is reduced to less than 10% of its highest Outstanding Dollar Principal Amount at any time, the Servicer has the right, but not the obligation, to redeem such
class of Notes in whole but not in part, pursuant to Section 11.02 of the Indenture. The redemption price of such Notes will equal 100% of the Outstanding Dollar Principal Amount of such Tranche plus accrued, unpaid and additional interest or
principal accreted and unpaid on such Tranche to but excluding the date of redemption. 
 Subject to the terms and conditions of the
Indenture, the Issuing Entity may, from time to time, issue one or more series of Notes secured by one or more asset pools. Subject to the terms of the Asset Pool One Supplement, the Issuing Entity may, from time to time, issue one or more series of
Notes secured by Asset Pool One. Subject to the terms and conditions of the Indenture Supplement, the Issuing Entity may, from time to time, issue one or more Tranches of CHASEseries Notes. 

On each Payment Date, the Paying Agent shall distribute to each Noteholder of record on the related Record Date (except for the final
distribution with respect to this Note) such Noteholder’s pro rata share of the amounts held by the Paying Agent that are allocated and available on such Payment Date to pay interest and principal on the Notes. Final payments of this Note will
be made only upon presentation and surrender of this Note at the office or offices therein specified. 
 Payments of interest on this Note
due and payable on each Interest Payment Date, together with the installment of principal, if any, due and payable on each Principal Payment Date, to the extent not in full payment of this Note, shall be made by check mailed to the Person whose name
appears as the Registered Holder of this Note (or one or more Predecessor Notes) on the Note Register as of the close of business on each Record Date, except that with respect to Notes registered on the Record Date in the name of the nominee of the
clearing agency (initially, such nominee to be Cede & Co.), payments will be made by wire transfer in immediately available funds to the account designated by such nominee. Such checks shall be mailed to the Person entitled thereto at the
address of such Person as it appears on the Note Register as of the applicable Record Date without requiring that this Note be submitted for notation of payment. Any reduction in the principal amount of this Note (or any one or more Predecessor
Notes) effected by any payments made on any Payment Date shall be binding upon all future Holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof, whether or not noted hereon. If
funds are expected to be available, as provided in the Indenture, for payment in full of the then remaining unpaid principal amount of this Note on a Payment Date, then the Indenture Trustee, in the name of and on behalf of the Issuing Entity, will
notify the Person who was the Registered Holder hereof as of the Record Date preceding such Payment Date by notice mailed within five days of such Payment Date and the amount then due and payable shall be payable only upon presentation and surrender
of this Note at the Indenture Trustee’s principal Corporate Trust Office or at the office of the Indenture Trustee’s agent appointed for such purposes located in the City of New York. On any payment of interest or principal being made,
details of such payment shall be entered by the Indenture Trustee on behalf of the Issuing Entity in Schedule A hereto. 

  
 A-2-6 

 As provided in the Indenture and subject to certain limitations set forth therein, the transfer
of this Note may be registered on the Note Register upon surrender of this Note for registration of transfer at the office or agency designated by the Issuing Entity pursuant to the Indenture, duly endorsed by, or accompanied by a written instrument
of transfer in form satisfactory to the Indenture Trustee duly executed by, the Holder hereof or his attorney duly authorized in writing, with such signature guaranteed by a commercial bank or trust company located, or having a correspondent
located, in the City of New York or the city in which the Corporate Trust Office is located, or a member firm of a national securities exchange, and such other documents as the Indenture Trustee may require, and thereupon one or more new Notes of
authorized denominations and in the same aggregate principal amount will be issued to the designated transferee or transferees. No service charge will be charged for any registration of transfer or exchange of this Note, but the transferor may be
required to pay a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any such registration of transfer or exchange. 

Each Noteholder or Note Owner, by acceptance of a Note or, in the case of a Note Owner, a beneficial interest in a Note covenants and agrees
that no recourse may be taken, directly or indirectly, with respect to the obligations of the Issuing Entity, the Owner Trustee or the Indenture Trustee on the Notes or under the Indenture or any certificate or other writing delivered in connection
therewith, against (i) the Indenture Trustee, the Collateral Agent or the Owner Trustee in its individual capacity, (ii) any owner of a beneficial interest in the Issuing Entity or (iii) any partner, owner, beneficiary, agent,
officer, director or employee of the Indenture Trustee, the Collateral Agent or the Owner Trustee in its individual capacity, any holder of a beneficial interest in the Issuing Entity, the Owner Trustee, the Collateral Agent or the Indenture Trustee
or of any successor or assign of the Indenture Trustee, the Collateral Agent or the Owner Trustee in its individual capacity, except as any such Person may have expressly agreed and except that any such partner, owner or beneficiary shall be fully
liable, to the extent provided by applicable law, for any unpaid consideration for stock, unpaid capital contribution or failure to pay any installment or call owing to such entity. 

Each Noteholder or Note Owner, by acceptance of a Note or, in the case of a Note Owner, a beneficial interest in a Note, covenants and agrees
that by accepting the benefits of the Indenture that such Noteholder will not at any time institute against Chase Bank USA, National Association, Chase Card Funding LLC or the Issuing Entity, or join with any institution against Chase Bank USA,
National Association, Chase Card Funding LLC or the Issuing Entity, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other proceedings under any United States Federal or state bankruptcy or similar law in
connection with any obligations relating to the Notes, the Indenture, the Asset Pool One Supplement, the CHASEseries Indenture Supplement, the Terms Document or any Derivative Agreement. 

  
 A-2-7 

 Prior to the due presentment for registration of transfer of this Note, the Issuing Entity, the
Indenture Trustee and any agent of the Issuing Entity or the Indenture Trustee may treat the Person in whose name this Note (as of the day of determination or as of such other date as may be specified in the Indenture) is registered as the owner
hereof for all purposes, whether or not this Note be overdue, and neither the Issuing Entity, the Indenture Trustee nor any such agent shall be affected by notice to the contrary. 

The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations
of the Issuing Entity and the rights of the Holders of the Notes under the Indenture at any time by the Issuing Entity with the consent of the Holders of Notes representing more than 66 2⁄3% of the Outstanding Dollar Principal Amount of the Notes. The Indenture also contains provisions permitting the Holders of Notes representing specified percentages of the Outstanding Dollar Principal Amount of
the Notes, on behalf of the Holders of all the Notes, to waive compliance by the Issuing Entity with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder
of this Note (or any one of more Predecessor Notes) shall be conclusive and binding upon such Holder and upon all future Holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof
whether or not notation of such consent or waiver is made upon this Note. The Indenture also permits the Indenture Trustee to amend or waive certain terms and conditions set forth in the Indenture without the consent of Holders of the Notes issued
thereunder. 
 Any Holder of any Note that is a Requesting Party that has made a Repurchase Request agrees to be bound by the dispute
resolutions provisions of the Indenture if such Repurchase Request is not resolved. 
 The term “Issuing Entity” as used in this
Note includes any successor to the Issuing Entity under the Indenture. 
 The Issuing Entity is permitted by the Indenture, under certain
circumstances, to merge or consolidate, subject to the rights of the Indenture Trustee and the Holders of Notes under the Indenture. 
 The
Notes are issuable only in registered form in denominations as provided in the Indenture, subject to certain limitations therein set forth. 

THIS NOTE AND THE INDENTURE WILL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF DELAWARE, WITHOUT REFERENCE TO ITS
CONFLICT OF LAW PROVISIONS AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 

No reference herein to the Indenture and no provision of this Note or of the Indenture shall alter or impair the obligation of the Issuing
Entity, which is absolute and unconditional, to pay the principal of and interest on this Note at the times, place, and rate, and in the coin or currency herein prescribed. 

  
 A-2-8 

 No recourse may be taken, directly or indirectly, with respect to the obligations of the Issuing
Entity on the Notes or under the Indenture or any certificate or other writing delivered in connection herewith or therewith, against (i) the Owner Trustee in its individual capacity, (ii) any owner of a beneficial interest in the Issuing
Entity or (iii) any partner, owner, beneficiary, agent, officer, director, employee or agent of the Owner Trustee in its individual capacity, any holder of a beneficial interest in the Issuing Entity or the Owner Trustee or of any successor or
assign of the Owner Trustee in its individual capacity, except as any such Person may have expressly agreed (it being understood that the Owner Trustee has no such obligations in its individual capacity). The Holder of this Note by the acceptance
hereof agrees that, except as expressly provided in the Indenture, the Asset Pool One Supplement, the CHASEseries Indenture Supplement and the Terms Document, in the case of an Event of Default under the Indenture, the Holder shall have no claim
against any of the foregoing for any deficiency, loss or claim therefrom; provided, however, that nothing contained herein shall be taken to prevent recourse to, and enforcement against, the assets of the Issuing Entity for any and all
liabilities, obligations and undertakings contained in the Indenture or in this Note. 
 Notwithstanding the allocation provisions of the
Indenture, the Asset Pool One Supplement, each additional Asset Pool Supplement, the CHASEseries Indenture Supplement and the indenture supplements for each other Series of Notes, if any, to the extent that the CHASEseries Noteholders are deemed to
have any interest in any assets of the Issuing Entity allocated to other Notes, each Noteholder or Note Owner, by acceptance of a Note, or in the case of a Note Owner, a beneficial interest in a Note, shall agree that their interest in those assets
is subordinate to claims or rights of such other Noteholders to those other assets. Further, each Noteholder or Note Owner, by acceptance of a Note, or in the case of a Note Owner, a beneficial interest in a Note, shall agree that such agreement
constitutes a subordination agreement for purposes of Section 510(a) of the Bankruptcy Code. 

  
 A-2-9 

 ASSIGNMENT 

Social Security or taxpayer I.D. or other identifying number of assignee 

FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto 

(name and address of assignee) 
 the within Note and all rights
thereunder, and hereby irrevocably constitutes and appoints attorney, to transfer said Note on the books kept for registration thereof, with full power of substitution in the premises. 

 

					
	Dated:	 	  
	 	
		
	  
	 	*
	Signature Guaranteed:	 	

  

	*	NOTE: The signature to this assignment must correspond with the name of the registered owner as it appears on the face of the within Note in every particular, without alteration, enlargement or any change whatsoever.

  
 A-2-10 

 SCHEDULE A 

PART I 
 INTEREST PAYMENTS 

 

									
	 Interest
Payment Date
	  	Date of
Payment	  	Total Amount
of Interest 
Payable	  	Amount of
Interest Paid	  	Confirmation
of payment by
or on behalf 
of the Trust
	 First
	  		  		  		  	
	 Second
	  		  		  		  	

 [continue numbering until the appropriate number of interest payment dates for the Notes is reached] 

  
 A-2-11 

 PART II 

PRINCIPAL PAYMENTS 
  

							
	 Date of

Payment
	  	 Total Amount Payable
	  	Total Amount Paid	  	Confirmation of
payment by or on
behalf of the Trust
				
	 Date of

Payment
	  	 Total Amount Payable
	  	Total Amount Paid	  	Confirmation of
payment by or on
behalf of the Trust

[continue numbering until the appropriate number of installment dates for the Notes is reached] 

  
 A-2-12 

 Exhibit A-3 

FORM OF CLASS C NOTE 
 UNLESS THIS NOTE IS
PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE ISSUING ENTITY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME
OF CEDE & CO. OR TO SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE
OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 

THE HOLDER OF THIS NOTE BY ITS ACCEPTANCE HEREOF COVENANTS AND AGREES THAT IT WILL NOT AT ANY TIME INSTITUTE AGAINST THE CHASE ISSUANCE TRUST, CHASE CARD
FUNDING LLC, OR CHASE BANK USA, NATIONAL ASSOCIATION, OR JOIN ANY INSTITUTION AGAINST THE CHASE ISSUANCE TRUST, CHASE CARD FUNDING LLC, OR CHASE BANK USA, NATIONAL ASSOCIATION, IN, ANY BANKRUPTCY PROCEEDINGS UNDER ANY UNITED STATES FEDERAL OR STATE
BANKRUPTCY OR SIMILAR LAW IN CONNECTION WITH ANY OBLIGATIONS RELATING TO THE NOTES OR THE INDENTURE. 
 THE HOLDER OF THIS NOTE, BY ACCEPTANCE OF THIS NOTE,
AND EACH HOLDER OF A BENEFICIAL INTEREST IN THIS NOTE, BY THE ACQUISITION OF A BENEFICIAL INTEREST THEREIN, AGREE TO TREAT THE NOTES AS INDEBTEDNESS OF CHASE BANK USA, NATIONAL ASSOCIATION FOR APPLICABLE FEDERAL, STATE, AND LOCAL INCOME AND
FRANCHISE TAX LAW AND FOR PURPOSES OF ANY OTHER TAX IMPOSED ON OR MEASURED BY INCOME. 
 THE HOLDER OF ITS NOTE, BY ITS ACCEPTANCE OF THIS NOTE, AND EACH
HOLDER OF A BENEFICIAL INTEREST IN THIS NOTE, BY ITS ACQUISITION OF A BENEFICIAL INTEREST HEREIN, WILL BE DEEMED TO REPRESENT AND WARRANT THAT EITHER (I) IT IS NOT, AND IS NOT DIRECTLY OR INDIRECTLY ACQUIRING THIS NOTE OR ANY BENEFICIAL
INTEREST HEREIN FOR, ON BEHALF OF OR WITH ANY ASSETS OF, AN EMPLOYEE BENEFIT PLAN (WITHIN THE MEANING OF SECTION 3(3) OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”)) SUBJECT TO THE FIDUCIARY RESPONSIBILITY
PROVISIONS OF TITLE I OF ERISA, A PLAN (WITHIN THE MEANING OF SECTION 4975(e)(1) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”)) SUBJECT TO SECTION 4975 OF THE CODE, OR A GOVERNMENTAL PLAN (WITHIN THE

  
 A-3-1 

 
MEANING OF SECTION 3(32) OF ERISA), CHURCH PLAN (WITHIN THE MEANING OF SECTION 3(33) OF ERISA), OR NON-U.S. PLAN (AS DESCRIBED IN SECTION 4(b)(4) OF ERISA) OR (II) ITS ACQUISITION AND HOLDING OF
THIS NOTE OR A BENEFICIAL INTEREST HEREIN DOES NOT AND WILL NOT CONSTITUTE OR OTHERWISE RESULT IN A NON-EXEMPT PROHIBITED TRANSACTION IN VIOLATION OF SECTION 406 OR 407 OF ERISA OR SECTION 4975 OF THE CODE (OR, IN THE CASE OF A GOVERNMENTAL, CHURCH
OR NON-U.S. PLAN, A VIOLATION OF ANY SUBSTANTIALLY SIMILAR NON-U.S., FEDERAL, STATE OR LOCAL LAW). 

  
 A-3-2 

					
	REGISTERED	  		  	up to $_________
			
	No. __	  		  	CUSIP NO. __________

 CHASE ISSUANCE TRUST 

[Floating Rate] 
 CHASEseries
CLASS C(20[•][•]-[•]) NOTE 
 Chase Issuance Trust, a statutory trust created under the laws of the State of Delaware (herein
referred to as the “Issuing Entity”), for value received, hereby promises to pay to CEDE & CO., or registered assigns, subject to the following provisions, a principal sum of
            payable on the             Payment Date (the “Scheduled Principal Payment Date”), except as otherwise
provided below or in the Indenture; provided, however, that the entire unpaid principal amount of this Note shall be due and payable on the             Payment Date (the
“Legal Maturity Date”). Interest will accrue on this Note at the rate of LIBOR plus             % per annum, as more specifically set forth in the Class
C(20[•][•]-[•]) Terms Document, dated as of     , 20    (the “Terms Document”), between the Issuing Entity, the Indenture Trustee and the Collateral Agent, and shall be due and payable
on each Interest Payment Date from the Monthly Interest Accrual Date in the related Monthly Period (or, in the case of the first Interest Payment Date, from and including the date of issuance of this Note) to but excluding the first Monthly Interest
Accrual Date after the end of that Monthly Period. Interest will be computed on the basis of a 360-day year [and the actual number of days elapsed] [consisting of twelve 30-day months]. Such principal of and interest on this Note shall be paid in
the manner specified on the reverse hereof. 
 The principal of and interest on this Note are payable in such coin or currency of the United
States of America as at the time of payment is legal tender for payment of public and private debts. All payments made by the Issuing Entity with respect to this Note shall be applied first to interest due and payable on this Note as provided above
and then to the unpaid principal of this Note. 
 Reference is made to the further provisions of this Note set forth on the reverse hereof,
which shall have the same effect as though fully set forth on the face of this Note. 
 Unless the certificate of authentication hereon has
been executed by the Indenture Trustee whose name appears below by manual signature, this Note shall not be entitled to any benefit under the Indenture referred to on the reverse hereof, or be valid or obligatory for any purpose. 

  
 A-3-3 

 
			
	CHASE ISSUANCE TRUST, as Issuing Entity
		
	By:	 	WILMINGTON TRUST COMPANY, not in its individual capacity but solely as Owner Trustee
		
	By:	 	  

		 	Name:
		 	Title:

 Date:             ,
             
 INDENTURE TRUSTEE’S CERTIFICATE OF AUTHENTICATION

 This is one of the Notes designated above and referred to in the within-mentioned Indenture. 

 

			
	WELLS FARGO BANK, NATIONAL
	ASSOCIATION, not in its individual capacity but solely as Indenture Trustee
		
	By:	 	  

		 	Name:
		 	Title:

 Date:             ,
             

  
 A-3-4 

 [REVERSE OF NOTE] 

This Class C Note is one of the Notes of a duly authorized issue of Notes of the Issuing Entity, designated as its “CHASEseries Class C
Notes” (herein called the “Notes”), all issued under a Fourth Amended and Restated Indenture dated as of     , 2016 (such indenture, as supplemented or amended, is herein called the “Indenture”) between
the Issuing Entity and Wells Fargo Bank, National Association, as indenture trustee (the “Indenture Trustee,” which term includes any successor Indenture Trustee under the Indenture), as supplemented by a Third Amended and Restated Asset
Pool One Supplement, dated as of     , 2016, a Second Amended and Restated CHASEseries Indenture Supplement dated as of     , 2016 (the “Indenture Supplement”) and the Terms Document, between the
Issuing Entity and Wells Fargo Bank, National Association, as Indenture Trustee and collateral agent (the “Collateral Agent”), to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the
respective rights and obligations thereunder of the Issuing Entity, the Indenture Trustee, the Collateral Agent and the Holders of the Notes. The Notes are subject to all terms of the Indenture. All terms used in this Note that are defined in the
Indenture, as supplemented or amended, shall have the meanings assigned to them in or pursuant to the Indenture, as so supplemented or amended. 

Although a summary of certain provisions of the Indenture is set forth below, this Note is qualified in its entirety by the terms and
provisions of the Indenture and reference is made to that Indenture for information with respect to the interests, rights, benefits, obligations, proceeds and duties evidenced hereby and the rights, duties and obligations of the Indenture Trustee.

 The Class A Notes and the Class B Notes will also be issued under the Indenture. 

The Notes are and will be equally and ratably secured by the collateral pledged as security therefor as provided in the Indenture and the
Asset Pool One Supplement. 
 Principal of this Note will be payable on the Scheduled Principal Payment Date in an amount described on the
face hereof, subject to the provisions of the Indenture. 
 As described above, the entire unpaid principal amount of this Note shall be due
and payable on the Legal Maturity Date. Notwithstanding the foregoing, the entire unpaid principal amount of the Notes shall be due and payable on the date on which an Event of Default relating solely to the non-payment of interest on the Notes
shall have occurred and be continuing and the Indenture Trustee or the Holders of more than 66 2⁄3% of the Outstanding Dollar Principal Amount of the Notes
have declared the Notes to be immediately due and payable in the manner provided in Section 6.02 of the Indenture; provided, however, that such acceleration of the entire unpaid principal amount of the Notes may be rescinded by
the holders of more than 66 2⁄3% of the Outstanding Dollar Principal Amount of the Notes. All principal payments on the Notes shall be made pro rata to the
Noteholders entitled thereto. 

  
 A-3-5 

 On any Payment Date on or after the Payment Date on which the aggregate Nominal Liquidation
Amount (after giving effect to all payments on such Payment Date) of any class of Notes is reduced to less than 10% of its highest Outstanding Dollar Principal Amount at any time, the Servicer has the right, but not the obligation, to redeem such
class of Notes in whole but not in part, pursuant to Section 11.02 of the Indenture. The redemption price of such Notes will equal 100% of the Outstanding Dollar Principal Amount of such Tranche plus accrued, unpaid and additional interest or
principal accreted and unpaid on such Tranche to but excluding the date of redemption. 
 Subject to the terms and conditions of the
Indenture, the Issuing Entity may, from time to time, issue one or more series of Notes secured by one or more asset pools. Subject to the terms of the Asset Pool One Supplement, the Issuing Entity may, from time to time, issue one or more series of
Notes secured by Asset Pool One. Subject to the terms and conditions of the Indenture Supplement, the Issuing Entity may, from time to time, issue one or more Tranches of CHASEseries Notes. 

On each Payment Date, the Paying Agent shall distribute to each Noteholder of record on the related Record Date (except for the final
distribution with respect to this Note) such Noteholder’s pro rata share of the amounts held by the Paying Agent that are allocated and available on such Payment Date to pay interest and principal on the Notes. Final payments of this Note will
be made only upon presentation and surrender of this Note at the office or offices therein specified. 
 Payments of interest on this Note
due and payable on each Interest Payment Date, together with the installment of principal, if any, due and payable on each Principal Payment Date, to the extent not in full payment of this Note, shall be made by check mailed to the Person whose name
appears as the Registered Holder of this Note (or one or more Predecessor Notes) on the Note Register as of the close of business on each Record Date, except that with respect to Notes registered on the Record Date in the name of the nominee of the
clearing agency (initially, such nominee to be Cede & Co.), payments will be made by wire transfer in immediately available funds to the account designated by such nominee. Such checks shall be mailed to the Person entitled thereto at the
address of such Person as it appears on the Note Register as of the applicable Record Date without requiring that this Note be submitted for notation of payment. Any reduction in the principal amount of this Note (or any one or more Predecessor
Notes) effected by any payments made on any Payment Date shall be binding upon all future Holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof, whether or not noted hereon. If
funds are expected to be available, as provided in the Indenture, for payment in full of the then remaining unpaid principal amount of this Note on a Payment Date, then the Indenture Trustee, in the name of and on behalf of the Issuing Entity, will
notify the Person who was the Registered Holder hereof as of the Record Date preceding such Payment Date by notice mailed within five days of such Payment Date and the amount then due and payable shall be payable only upon presentation and surrender
of this Note at the Indenture Trustee’s principal Corporate Trust Office or at the office of the Indenture Trustee’s agent appointed for such purposes located in the City of New York. On any payment of interest or principal being made,
details of such payment shall be entered by the Indenture Trustee on behalf of the Issuing Entity in Schedule A hereto. 

  
 A-3-6 

 As provided in the Indenture and subject to certain limitations set forth therein, the transfer
of this Note may be registered on the Note Register upon surrender of this Note for registration of transfer at the office or agency designated by the Issuing Entity pursuant to the Indenture, duly endorsed by, or accompanied by a written instrument
of transfer in form satisfactory to the Indenture Trustee duly executed by, the Holder hereof or his attorney duly authorized in writing, with such signature guaranteed by a commercial bank or trust company located, or having a correspondent
located, in the City of New York or the city in which the Corporate Trust Office is located, or a member firm of a national securities exchange, and such other documents as the Indenture Trustee may require, and thereupon one or more new Notes of
authorized denominations and in the same aggregate principal amount will be issued to the designated transferee or transferees. No service charge will be charged for any registration of transfer or exchange of this Note, but the transferor may be
required to pay a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any such registration of transfer or exchange. 

Each Noteholder or Note Owner, by acceptance of a Note or, in the case of a Note Owner, a beneficial interest in a Note covenants and agrees
that no recourse may be taken, directly or indirectly, with respect to the obligations of the Issuing Entity, the Owner Trustee or the Indenture Trustee on the Notes or under the Indenture or any certificate or other writing delivered in connection
therewith, against (i) the Indenture Trustee, the Collateral Agent or the Owner Trustee in its individual capacity, (ii) any owner of a beneficial interest in the Issuing Entity or (iii) any partner, owner, beneficiary, agent,
officer, director or employee of the Indenture Trustee, the Collateral Agent or the Owner Trustee in its individual capacity, any holder of a beneficial interest in the Issuing Entity, the Owner Trustee, the Collateral Agent or the Indenture Trustee
or of any successor or assign of the Indenture Trustee, the Collateral Agent or the Owner Trustee in its individual capacity, except as any such Person may have expressly agreed and except that any such partner, owner or beneficiary shall be fully
liable, to the extent provided by applicable law, for any unpaid consideration for stock, unpaid capital contribution or failure to pay any installment or call owing to such entity. 

Each Noteholder or Note Owner, by acceptance of a Note or, in the case of a Note Owner, a beneficial interest in a Note, covenants and agrees
that by accepting the benefits of the Indenture that such Noteholder will not at any time institute against Chase Bank USA, National Association, Chase Card Funding LLC or the Issuing Entity, or join with any institution against Chase Bank USA,
National Association, Chase Card Funding LLC or the Issuing Entity, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other proceedings under any United States Federal or state bankruptcy or similar law in
connection with any obligations relating to the Notes, the Indenture, the Asset Pool One Supplement, the CHASEseries Indenture Supplement, the Terms Document or any Derivative Agreement. 

  
 A-3-7 

 Prior to the due presentment for registration of transfer of this Note, the Issuing Entity, the
Indenture Trustee and any agent of the Issuing Entity or the Indenture Trustee may treat the Person in whose name this Note (as of the day of determination or as of such other date as may be specified in the Indenture) is registered as the owner
hereof for all purposes, whether or not this Note be overdue, and neither the Issuing Entity, the Indenture Trustee nor any such agent shall be affected by notice to the contrary. 

The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations
of the Issuing Entity and the rights of the Holders of the Notes under the Indenture at any time by the Issuing Entity with the consent of the Holders of Notes representing more than 66 2⁄3% of the Outstanding Dollar Principal Amount of the Notes. The Indenture also contains provisions permitting the Holders of Notes representing specified percentages of the Outstanding Dollar Principal Amount of
the Notes, on behalf of the Holders of all the Notes, to waive compliance by the Issuing Entity with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder
of this Note (or any one of more Predecessor Notes) shall be conclusive and binding upon such Holder and upon all future Holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof
whether or not notation of such consent or waiver is made upon this Note. The Indenture also permits the Indenture Trustee to amend or waive certain terms and conditions set forth in the Indenture without the consent of Holders of the Notes issued
thereunder. 
 Any Holder of any Note that is a Requesting Party that has made a Repurchase Request agrees to be bound by the dispute
resolutions provisions of the Indenture if such Repurchase Request is not resolved. 
 The term “Issuing Entity” as used in this
Note includes any successor to the Issuing Entity under the Indenture. 
 The Issuing Entity is permitted by the Indenture, under certain
circumstances, to merge or consolidate, subject to the rights of the Indenture Trustee and the Holders of Notes under the Indenture. 
 The
Notes are issuable only in registered form in denominations as provided in the Indenture, subject to certain limitations therein set forth. 

THIS NOTE AND THE INDENTURE WILL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF DELAWARE, WITHOUT REFERENCE TO ITS
CONFLICT OF LAW PROVISIONS AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 

No reference herein to the Indenture and no provision of this Note or of the Indenture shall alter or impair the obligation of the Issuing
Entity, which is absolute and unconditional, to pay the principal of and interest on this Note at the times, place, and rate, and in the coin or currency herein prescribed. 

  
 A-3-8 

 No recourse may be taken, directly or indirectly, with respect to the obligations of the Issuing
Entity on the Notes or under the Indenture or any certificate or other writing delivered in connection herewith or therewith, against (i) the Owner Trustee in its individual capacity, (ii) any owner of a beneficial interest in the Issuing
Entity or (iii) any partner, owner, beneficiary, agent, officer, director, employee or agent of the Owner Trustee in its individual capacity, any holder of a beneficial interest in the Issuing Entity or the Owner Trustee or of any successor or
assign of the Owner Trustee in its individual capacity, except as any such Person may have expressly agreed (it being understood that the Owner Trustee has no such obligations in its individual capacity). The Holder of this Note by the acceptance
hereof agrees that, except as expressly provided in the Indenture, the Asset Pool One Supplement, the CHASEseries Indenture Supplement and the Terms Document, in the case of an Event of Default under the Indenture, the Holder shall have no claim
against any of the foregoing for any deficiency, loss or claim therefrom; provided, however, that nothing contained herein shall be taken to prevent recourse to, and enforcement against, the assets of the Issuing Entity for any and all
liabilities, obligations and undertakings contained in the Indenture or in this Note. 
 Notwithstanding the allocation provisions of the
Indenture, the Asset Pool One Supplement, each additional Asset Pool Supplement, the CHASEseries Indenture Supplement and the indenture supplements for each other Series of Notes, if any, to the extent that the CHASEseries Noteholders are deemed to
have any interest in any assets of the Issuing Entity allocated to other Notes, each Noteholder or Note Owner, by acceptance of a Note, or in the case of a Note Owner, a beneficial interest in a Note, shall agree that their interest in those assets
is subordinate to claims or rights of such other Noteholders to those other assets. Further, each Noteholder or Note Owner, by acceptance of a Note, or in the case of a Note Owner, a beneficial interest in a Note, shall agree that such agreement
constitutes a subordination agreement for purposes of Section 510(a) of the Bankruptcy Code. 

  
 A-3-9 

 ASSIGNMENT 

Social Security or taxpayer I.D. or other identifying number of assignee 

FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto 

(name and address of assignee) 
 the within Note and all rights
thereunder, and hereby irrevocably constitutes and appoints attorney, to transfer said Note on the books kept for registration thereof, with full power of substitution in the premises. 

 

					
	Dated:	 	  
	 	
		
	  
	 	*
	Signature Guaranteed:	 	

  

	*	NOTE: The signature to this assignment must correspond with the name of the registered owner as it appears on the face of the within Note in every particular, without alteration, enlargement or any change whatsoever.

  
 A-3-10 

 SCHEDULE A 

PART I 
 INTEREST PAYMENTS 

 

									
	 Interest
Payment Date
	  	Date of
Payment	  	Total Amount
of Interest 
Payable	  	Amount of
Interest
Paid	  	Confirmation
of payment by
or on behalf 
of the Trust
	 First
	  		  		  		  	
	 Second
	  		  		  		  	

 [continue numbering until the appropriate number of interest payment dates for the Notes is reached] 

  
 A-3-11 

 PART II 

PRINCIPAL PAYMENTS 
  

							
	 Date of

Payment
	  	 Total Amount Payable
	  	Total Amount Paid	  	Confirmation of
payment by or on
behalf of the Trust
				
	 Date of

Payment
	  	 Total Amount Payable
	  	Total Amount Paid	  	Confirmation of
payment by or on
behalf of the Trust

[continue numbering until the appropriate number of installment dates for the Notes is reached] 

  
 A-3-12 

 Exhibit C 

CHASE ISSUANCE TRUST 
 Form of
CHASEseries Monthly Noteholders’ Statement1 
 Monthly Period:
[            ] 20     
 The undersigned, a duly authorized
representative of Chase Bank USA, National Association (the “Bank”), as Servicer pursuant to the Fourth Amended and Restated Transfer and Servicing Agreement, dated as of     , 2016 (as amended, supplemented or
otherwise modified, the “Transfer and Servicing Agreement”), by and among the Chase Card Funding LLC, as Transferor, the Bank, as Servicer and Administrator, Chase Issuance Trust, as Issuing Entity, and Wells Fargo Bank, National
Association, as Indenture Trustee and Collateral Agent, does hereby certify as follows: 
  

	A.	Information regarding the Current Distribution to Noteholders 

  

	1.	The total amount of the distribution to Noteholders on the Payment Date     , 20            per $1,000 Initial Outstanding Dollar Principal
Amount 

  

					
	Tranche	  	Amount	 
	 Class              (20[•][•])
	  	 	—  	  
	 Class              (20[•][•])
	  	 	—  	  
	 Class              (20[•][•])
	  	 	—  	  
	 Class              (20[•][•])
	  	 	—  	  
	 Class              (20[•][•])
	  	 	—  	  

  
  

 

	2.	The amount of the distribution set forth in item 1 in respect of interest on the Notes per $1,000 Initial Outstanding Dollar Principal Amount 

 

									
	Tranche	  	Amount	 	  	Interest Rate	 
	 Class              (20[•][•])
	  	 	—  	  	  	 	—  	% 
	 Class              (20[•][•])
	  	 	—  	  	  	 	—  	% 
	 Class              (20[•][•])
	  	 	—  	  	  	 	—  	% 
	 Class              (20[•][•])
	  	 	—  	  	  	 	—  	% 
	 Class              (20[•][•])
	  	 	—  	  	  	 	—  	% 

  
  

 

	3.	The amount of the distribution set forth in item 1 in respect of principal on the Notes per $1,000 Initial Outstanding Dollar Principal Amount 

 

	1 	We have included the Credit Risk Retention and Delinquency Trigger information in the Form of Monthly Servicer’s Certificate, attached to the APO Supplement. Please let us know if you would prefer it included here
as well. 

  
 C-1 

					
	Tranche	  	Amount	 
	 Class              (20[•][•])
	  	 	—  	  
	 Class              (20[•][•])
	  	 	—  	  
	 Class              (20[•][•])
	  	 	—  	  
	 Class              (20[•][•])
	  	 	—  	  
	 Class              (20[•][•])
	  	 	—  	  

  
  

 

	B.	Information regarding the Tranches of Notes of the CHASEseries 

  

	1.	Outstanding Dollar Principal Amount and Nominal Liquidation Amount of Tranches of Notes of the CHASEseries for the related Monthly Period 

 

																	
	 Tranche
	  	Initial Outstanding
Dollar Principal
Amount	 	  	Outstanding Dollar
Principal Amount	 	  	Adjusted
Outstanding Dollar
Principal Amount	 	  	Nominal
Liquidation
Amount	 
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 Total Class A
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 Total Class B
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 Total Class C
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Total
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  

  
  

  
 C-2 

	2.	Nominal Liquidation Amount of Notes of the CHASEseries 

  

																													
	 Tranche
	  	Beginning
Nominal
Liquidation
Amount	 	  	Increases from
accretion of
Principal for
Discount
Notes	 	  	Increases from
amounts
withdrawn from
the Principal
Funding
Subaccounts in
respect of
Prefunding
Excess Amounts	 	  	Reimbursements
of prior
Nominal
Liquidation
Amount
Deficits
from Available
Finance Charge
Collections	 	  	Reductions
due to
reallocations
of Available
Principal
Collections
and Investor
Charge-Offs	 	  	Reductions
due to
amounts
deposited
to the
Principal
Funding
Subaccounts	 	  	Ending
Nominal
Liquidation
Amount	 
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 Total Class A
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 Total Class B
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 Total Class C
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Total
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  

  
  

  
 C-3 

	3.	CHASEseries Interest Funding Account Sub-Accounts 

  

																													
	 Tranche
	  	Beginning
Interest
Funding
Subaccount
Balance	 	  	Targeted deposit
to the Interest
Funding
Subaccount with
respect to the
current period	 	  	Previous
shortfalls
of targeted
deposits to
the Interest
Funding
Subaccount	 	  	Actual
deposit
to the Interest
Funding
Subaccount	 	  	Amount
withdrawn from
the Interest
Funding
Subaccount for
payment to
Noteholders	 	  	Other
Withdrawals	 	  	Ending Interest
Funding
Subaccount
Balance	 
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 Total Class A
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 Total Class B
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 Total Class C
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Total
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  

  
  

  
 C-4 

	4.	CHASEseries Principal Funding Account Sub-Accounts 

  

																													
	 Tranche
	  	Beginning
Principal
Funding
Subaccount
Balance	 	  	Targeted
deposit to
the Principal
Funding
Subaccount with
respect to the
current
period	 	  	Previous
shortfalls of
targeted
deposits to
the Principal
Funding
Subaccount	 	  	Actual deposit
to the Principal
Funding
Subaccount	 	  	Amount
withdrawn
from the
Principal
Funding
Subaccount for
payment to
Noteholders	 	  	Other
Withdrawals	 	  	Ending
Principal
Funding
Subaccount
Balance	 
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 Total Class A
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 Total Class B
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 Total Class C
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Total
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  

  
  

  
 C-5 

	5.	CHASEseries Class C Reserve Sub-Accounts 

  

																													
	 Tranche
	  	Beginning
Class C
Reserve
Subaccount
Balance	 	  	Class C
Reserve
Subaccount
earnings for the
current period	 	  	Targeted
deposit
to the
Class C
Reserve
Subaccount	 	  	Actual
deposit to
the Class C
Reserve
Subaccount,
including
Excess
Amounts	 	  	Amount
withdrawn
in respect of
payment of
interest or
principal to
Noteholders	 	  	Withdrawal of
Excess Amounts 
pursuant to
subsection 3.25(c)
of the Indenture
Supplement	 	  	Ending Class C
Reserve
Subaccount
Balance	 
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class C (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 Total Class C
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Total
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  

  
  

 

	6.	Class A Required Subordinated Amount of Class B and Class C Notes and Class A Usage of Class B and Class C Required Subordinated Amounts 

 

																									
	 Tranche
	  	Required
Subordinated
Amount of
Class B
Notes as
of the close
of business
on
the
related Note
Transfer Date	 	  	Required
Subordinated
Amount of Class C
Notes as of the close
of business on
the
related Note
Transfer Date	 	  	Class A
Usage of
Class B
Required
Subordinated
Amount for
the current
period	 	  	Class A
Usage of
Class C
Required
Subordinated
Amount for
the current
period	 	  	Cumulative
Class A
Usage of
Class B
Required
Subordinated
Amount	 	  	Cumulative
Class A
Usage of
Class C
Required
Subordinated
Amount	 
	 Class A (20[•][•])
	  				  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class A (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  	  
	  
	 	  			
	 Total
	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  	  	 	—  	  

  
  

  
 C-6 

	7.	Class B Required Subordinated Amount of Class C Notes and Class B Usage of Class C Required Subordinated Amounts 

  

													
	 Tranche
	  	Required
Subordinated
Amount of Class C
Notes as of the close
of business on the
related Note
Transfer Date	 	  	Class B
Usage of
Class C
Required
Subordinated
Amount for
the current
period	 	  	Cumulative
Class B
Usage of
Class C
Required
Subordinated
Amount	 
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  
	 Class B (20[•][•])
	  	 	—  	  	  	 	—  	  	  	 	—  	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 Total
	  	 	—  	  	  	 	—  	  	  	 	—  	  

  

	C.	Information regarding the performance of the CHASEseries 

  

													
	 	    	Monthly Period	 	  	Monthly Period	 	  	Monthly Period	 
	 Yield - Finance Charge, Fees & Interchange
	    	 	—  	% 	  	 	—  	% 	  	 	—  	% 
	 Plus: Yield - Collections of Discount Receivables
	    	 	—  	% 	  	 	—  	% 	  	 	—  	% 
	 Less: Net Credit Losses
	    	 	—  	% 	  	 	—  	% 	  	 	—  	% 
		    	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 (a) Portfolio Yield
	    	 	—  	%	  	 	—  	%	  	 	—  	%
	 Less:
	    				  				  			
	 Coupon
	    	 	—  	% 	  	 	—  	% 	  	 	—  	% 
	 Plus: Servicing Fee
	    	 	—  	% 	  	 	—  	% 	  	 	—  	% 
		    	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 (b) Base Rate
	    	 	—  	% 	  	 	—  	% 	  	 	—  	% 
		    	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 (a) - (b) = Excess Spread Percentage
	    	 	—  	% 	  	 	—  	% 	  	 	—  	% 
	 Three Month Average Excess Spread Percentage
	    	 	—  	% 	  	 	—  	% 	  	 	—  	% 
	 Excess Spread Amount paid to Transferor
	    	$	—  	  	  	$	—  	  	  	$	—  	  
	 Principal Payment Rate
	    	 	—  	% 	  	 	—  	% 	  	 	—  	% 

  
 C-7 

 
			
	CHASE BANK USA, NATIONAL ASSOCIATION, as Servicer
		
	By:	 	  

		 	Name:
		 	Title:

  
 C-8Exhibit 4.4

 Exhibit 4.4 

RECEIVABLES PURCHASE AGREEMENT 

between 
 CHASE BANK USA, NATIONAL
ASSOCIATION 
 and 
 CHASE CARD
FUNDING LLC 
 Dated as of         , 2016 

 

 TABLE OF CONTENTS 

 

							
	 	  	 	  	Page	 
	 ARTICLE I DEFINITIONS
	  	 	2	  
		
	 ARTICLE II CONVEYANCE OF COLLATERAL
	  	 	16	  
			
	 Section 2.01.
	  	Conveyance of Collateral	  	 	16	  
	 Section 2.02.
	  	Acceptance by Chase Card Funding	  	 	18	  
	 Section 2.03.
	  	Representations and Warranties of Chase USA Relating to Chase USA	  	 	18	  
	 Section 2.04.
	  	Representations and Warranties of Chase USA Relating to this Agreement and the Collateral	  	 	20	  
	 Section 2.05.
	  	Representations and Warranties of Chase Card Funding	  	 	24	  
	 Section 2.06.
	  	Transfer of Ineligible Receivables and Ineligible Collateral Certificates	  	 	25	  
	 Section 2.07.
	  	Reassignment of Collateral	  	 	26	  
	 Section 2.08.
	  	Covenants of Chase USA	  	 	27	  
	 Section 2.09.
	  	Increases in the Invested Amount of an Existing Collateral Certificate	  	 	28	  
	 Section 2.10.
	  	Addition of Collateral	  	 	28	  
	 Section 2.11.
	  	Removal of Accounts	  	 	31	  
	 Section 2.12.
	  	Account Allocations	  	 	32	  
		
	 ARTICLE III CONSIDERATION AND PAYMENT
	  	 	33	  
			
	 Section 3.01.
	  	Purchase Price	  	 	33	  
	 Section 3.02.
	  	Adjustments to Purchase Price	  	 	33	  
	 Section 3.03.
	  	Settlement and Ongoing Payment of Purchase Price	  	 	34	  
	 Section 3.04.
	  	Use of Name, Logo and Marks	  	 	34	  
	 Section 3.05.
	  	Transfer of Defaulted Accounts	  	 	34	  
	 Section 3.06.
	  	Adjustments for Miscellaneous Credits and Fraudulent Charges	  	 	34	  
	 Section 3.07.
	  	Recoveries and Interchange	  	 	35	  
	 Section 3.08.
	  	Computer Files and Records	  	 	35	  
		
	 ARTICLE IV LIABILITY OF CHASE USA
	  	 	36	  
			
	 Section 4.01.
	  	Liability of Chase USA	  	 	36	  
	 Section 4.02.
	  	Merger or Consolidation of, or Assumption of the Obligations of, Chase USA	  	 	36	  
	 Section 4.03.
	  	Limitations on Liability of Chase USA	  	 	37	  
		
	 ARTICLE V INSOLVENCY EVENTS
	  	 	38	  
			
	 Section 5.01.
	  	Rights upon the Occurrence of an Insolvency Event	  	 	38	  
		
	 ARTICLE VI TERMINATION
	  	 	39	  

  
 i 

							
	 Section 6.01.
	  	Termination of Agreement	  	 	39	  
		
	 ARTICLE VII MISCELLANEOUS PROVISIONS
	  	 	40	  
			
	 Section 7.01.
	  	Amendment; Waiver of Past Defaults	  	 	40	  
	 Section 7.02.
	  	Protection of Right, Title and Interest in and to Chase Card Funding Assets	  	 	40	  
	 Section 7.03.
	  	GOVERNING LAW	  	 	41	  
	 Section 7.04.
	  	Notices	  	 	41	  
	 Section 7.05.
	  	Severability of Provisions	  	 	42	  
	 Section 7.06.
	  	Further Assurances	  	 	42	  
	 Section 7.07.
	  	No Waiver; Cumulative Remedies	  	 	42	  
	 Section 7.08.
	  	Counterparts	  	 	42	  
	 Section 7.09.
	  	Third-Party Beneficiaries	  	 	42	  
	 Section 7.10.
	  	Merger and Integration	  	 	42	  
	 Section 7.11.
	  	Headings	  	 	42	  
	 Section 7.12.
	  	No Petition	  	 	43	  
	 Section 7.13.
	  	Waiver of Jury Trial	  	 	43	  
	 Section 7.14.
	  	Assignment	  	 	43	  

  

			
	SCHEDULES
		
	 Schedule 1
	  	List of Collateral Certificates
		
	 Schedule 2
	  	List of Accounts [Deemed Incorporated]
	
	EXHIBITS
		
	 EXHIBIT A-1
	  	Form of Assignment of an Additional Collateral Certificate
	 EXHIBIT A-2
	  	Form of Assignment of Receivables in Additional Accounts
	 EXHIBIT B
	  	Form of Reassignment of Receivables in Removed Accounts
	 EXHIBIT C-1
	  	Form of Opinion of Counsel with Respect to Amendments
	 EXHIBIT C-2
	  	Form of Opinion of Counsel with Respect to Collateral Certificates
	 EXHIBIT C-3
	  	Provisions to be Included in Annual Opinion of Counsel
	 EXHIBIT D
	  	Form of Subordinated Note

  
 ii 

 This RECEIVABLES PURCHASE AGREEMENT (this “Agreement”) between CHASE BANK USA,
NATIONAL ASSOCIATION (“Chase USA”), a national banking association, and CHASE CARD FUNDING LLC (“Chase Card Funding”), a Delaware limited liability company, is made and entered into as of
[            ], 2016 (the “Closing Date”). 
 W I T N E S S E T
H: 
 WHEREAS, Chase Card Funding was created as a Delaware limited liability company on November 1, 2015, and is governed pursuant to
a Limited Liability Company Agreement, dated as of [            ], 2016 (the “LLC Agreement”), by Chase USA, as the sole member (the “Member”), in
accordance with the provisions of the Delaware Limited Liability Company Act; 
 WHEREAS, prior to
[            ], 2016, Chase USA transferred receivables and other assets directly to Chase Issuance Trust, a Delaware statutory trust (the “Trust” or the “Issuing
Entity”), pursuant to the Transfer and Servicing Agreement, dated as of May 1, 2002, the Amended and Restated Transfer and Servicing Agreement, dated as of October 15, 2004, the Second Amended and Restated Transfer and Servicing
Agreement, dated as of March 14, 2006, and the Third Amended and Restated Transfer and Servicing Agreement, dated as of December 19, 2007, each between Chase USA, the Trust, and Wells Fargo Bank, National Association, a national banking
association, as indenture trustee (the “Indenture Trustee”) and collateral agent (the “Collateral Agent”) (together, the “Prior Transfer and Servicing Agreements”); 

WHEREAS, pursuant to that certain Assignment and Assumption Agreement, dated as of the Closing Date (as amended, supplemented or otherwise
modified, the “Assignment and Assumption Agreement”), by and between Chase Card Funding and Chase USA, (a) Chase Card Funding agreed to become the successor transferor and to assume from Chase USA the covenants and obligations
of the Original Transferor (as defined below) and all rights granted to the Original Transferor under the Prior Transfer and Servicing Agreements and (b) Chase USA assigned to Chase Card Funding and Chase Card Funding accepted (i) the
Transferor Interest (as defined below), (ii) the Beneficial Interest (as defined below) and (iii) the Retained Classes of Notes (as defined below); 

WHEREAS, Chase USA desires to transfer, from time to time, certain Receivables existing or arising in designated revolving credit card
accounts of Chase USA to Chase Card Funding; 
 WHEREAS, Chase Card Funding desires to purchase, from time to time, such Receivables from
Chase USA; 
 WHEREAS, it is contemplated that the Receivables purchased hereunder will be transferred by Chase Card Funding to the Trust
under the terms of the Fourth Amended and Restated Transfer and Servicing Agreement, dated as of [            ], 2016, by and among Chase Card Funding, as transferor (the
“Transferor”), Chase USA, as servicer (the “Servicer”) and administrator of the Trust (the “Administrator”), the Issuing Entity, the Indenture Trustee and the Collateral Agent (hereinafter as such
agreement may have been, or may from time to time be, amended, supplemented or otherwise modified, the “Transfer and Servicing Agreement”); and 

 WHEREAS, Chase USA agrees that all representations, warranties, covenants and agreements made by
Chase USA herein with respect to the Accounts and the Receivables shall also be for the benefit of the parties to the Transfer and Servicing Agreement. 

NOW, THEREFORE, it is hereby agreed by and between Chase USA and Chase Card Funding as follows: 

ARTICLE I 
 DEFINITIONS

 Section 1.01 Definitions. Whenever used in this Agreement, the following words and phrases shall have the following
meanings, and the definitions of such terms are applicable to the singular as well as the plural forms of such terms and to the masculine as well as to the feminine and neuter genders of such terms. 

“Account” means each revolving credit card account established pursuant to a Credit Card Agreement between Chase USA or an
Affiliate and any Person, identified by account reference number and by the Receivable balance as of the end of the day prior to the Closing Date or as of the related Addition Cut-Off Date in a list (in the form of a computer file, microfiche list,
CD-ROM or such other form as is agreed upon between Chase USA and Chase Card Funding and, with respect to each Addition Cut-Off Date hereafter, between Chase Card Funding and the Collateral Agent) marked as Schedule 2 to this Agreement, delivered by
Chase USA to Chase Card Funding pursuant to subsection 2.01(d)(i) or subsection 2.10(c) or maintained by Chase USA on behalf of Chase Card Funding pursuant to Section 3.08. The definition of “Account” shall include
(i) each Transferred Account, (ii) an Additional Account only from and after the Addition Date with respect thereto, (iii) any Removed Account only prior to the Removal Date with respect thereto and (iv) a Defaulted Account only
prior to the date of transfer to Chase USA pursuant to Section 3.05. 
 “Account Assignment” has the meaning specified
in subsection 2.10(c)(iv). 
 “Account Owner” means Chase USA or any Affiliate which is the issuing entity of the credit
card relating to an Account pursuant to a Credit Card Agreement. 
 “Addition Cut-Off Date” means, with respect to any
Additional Account, the date as of which such Additional Account shall have been selected by Chase USA for inclusion as an Account pursuant to Section 2.10. 

“Addition Date” means the date on which the Receivables from the designated Additional Accounts will be assigned to Chase
Card Funding and refers only to such Addition Dates occurring after the date of this Agreement. 

  
 2 

 “Additional Account” means each additional Eligible Account owned by an Account
Owner and designated for inclusion as an Account pursuant to subsection 2.10(a)(i). 
 “Additional Collateral Certificate”
means each additional Collateral Certificate designated for inclusion as a Collateral Certificate by Chase USA through Chase Card Funding to the Trust pursuant to subsection 2.10(a)(i). 

“Administrator” means Chase USA, in its capacity as Administrator pursuant to the Transfer and Servicing Agreement, and any
successors or assigns. 
 “Agreement” means this Receivables Purchase Agreement. 

“Annual Membership Fee” has the meaning specified in the Credit Card Agreement applicable to each Account for annual
membership fees or similar fees. 
 “Appointment Day” has the meaning specified in Section 5.01. 

“Assignment” means an Account Assignment or a Collateral Certificate Assignment, as applicable. 

“Assignment and Assumption Agreement” has the meaning specified in the Recitals. 

“Beneficial Interest” has the meaning specified in the Trust Agreement. 

“Business Day” means any day other than a Saturday, a Sunday or a day on which banking institutions in New York, New York,
Wilmington, Delaware or Minneapolis, Minnesota, are authorized or obligated by law or executive order to be closed. 
 “Cash Advance
Fees” has the meaning specified in the Credit Card Agreement applicable to each Account for cash advance fees or similar fees. 

“Collateral Certificate Assignment” has the meaning specified in subsection 2.10(c)(v). 

“Chase Card Funding” means Chase Card Funding LLC, a Delaware limited liability company. 

“Chase Card Funding Assets” has the meaning specified in subsection 2.01(b)(ii). 

“Chase Card Funding Termination Date” means the date on which Chase Card Funding is dissolved in accordance with
Section 22 of the LLC Agreement. 
 “Chase USA” means Chase Bank USA, National Association, a national banking
association, and any successors or assigns. 
 “Closing Date” means
[            ], 2016. 

  
 3 

 “Closing Date Account” means each Account listed (in the form of a computer
file, microfiche list, CD-ROM or such other form as is agreed upon between Chase USA and Chase Card Funding and between Chase Card Funding and the Collateral Agent) on Schedule 2 to this Agreement as of the Closing Date. 

“Collateral” has the meaning specified in the Granting Clause in the Asset Pool One Supplement. 

“Collateral Agent” has the meaning specified in the Asset Pool One Supplement. 

“Collateral Certificate Principal Shortfall Payments” means amounts received on each Collateral Certificate in respect of
Principal Shortfalls (as such term is defined in the applicable Series Supplement). 
 “Collection Account” has the meaning
specified in the Asset Pool One Supplement. 
 “Collections” means for any Monthly Period, the sum of (a) with respect
to Receivables designated for inclusion in Asset Pool One, all payments by or on behalf of Obligors received in respect of the Receivables, in the form of cash, checks, wire transfers, electronic transfers, ATM transfers or any other form of payment
in accordance with a Credit Card Agreement in effect from time to time and all other amounts specified by this Agreement, the Transfer and Servicing Agreement, the Indenture or any Indenture Supplement as constituting Collections on the Receivables
and (b) with respect to any Collateral Certificate designated for inclusion in Asset Pool One, collections allocable to the holder of such Collateral Certificate pursuant to the applicable Series Supplement. Collections of Recoveries will be
treated as Collections of Principal Receivables; provided, however, that to the extent the amount of Recoveries received with respect to any Monthly Period exceeds the aggregate amount of Principal Receivables (other than Ineligible
Receivables) in Accounts that became Defaulted Accounts during such Monthly Period, the amount of such excess shall be treated as Collections of Finance Charge Receivables. Collections for any Monthly Period, shall include the Interchange Amount, if
any, for such Monthly Period, to be applied as if such amount were Collections of Finance Charge Receivables for such Monthly Period. 

“Credit Adjustment” has the meaning specified in subsection 3.06(a). 

“Credit Card Agreement” means, with respect to a revolving credit card account, the agreement and federal Truth in Lending
statement required by the Truth in Lending Act, as amended (15 U.S.C. 1601 et seq.) for revolving credit card accounts between the Account Owner and the Obligor governing the terms and conditions of such account, as such agreements may be amended,
modified or otherwise changed from time to time and as distributed (including any amendments and revisions thereto) to holders of such credit card account. 

“Credit Card Guidelines” means the respective policies and procedures of the Account Owner, as the case may be, as such
policies and procedures may be amended from time to time, (a) relating to the operation of its credit card business, which generally are applicable to its portfolio of revolving credit card accounts and in each case which are consistent with
prudent practice, including the policies and procedures for determining the creditworthiness of credit card customers and the extension of credit to credit card customers, and (b) relating to the maintenance of revolving credit card accounts
and collection of credit card receivables. 

  
 4 

 “Cut-Off Date” means, with respect to an Initial Account, the “Addition
Cut-Off Date” specified in the related Initial Account Assignment and, with respect to an Additional Account, the Addition Cut-Off Date for such Additional Account. 

“Date of Processing” means, with respect to any transaction the date on which such transaction is first recorded on the
Servicer’s computer file of accounts (without regard to the effective date of such recordation). 
 “Default Amount”
means for any Monthly Period, the sum of (1) with respect to Receivables designated for inclusion in Asset Pool One, an amount (which shall not be less than zero) equal to (a) the aggregate amount of Principal Receivables (other than
Ineligible Receivables) in Accounts designated for inclusion in Asset Pool One which became Defaulted Accounts during such Monthly Period on the day each such Account became a Defaulted Account, minus (b) the aggregate amount of Recoveries
received in such Monthly Period (not to exceed the amount set forth in clause (a)) in respect of Defaulted Accounts in Asset Pool One for such Monthly Period and (2) with respect to any Collateral Certificate designated for inclusion in Asset
Pool One, the investor default amount or similar amount allocated to the holder of the Collateral Certificate for such Monthly Period pursuant to the applicable Series Supplement. 

“Defaulted Account” means each Account with respect to which, in accordance with the Credit Card Guidelines or the
Servicer’s customary and usual servicing procedures for servicing credit card receivables comparable to the Receivables, the Servicer has charged off the Receivables in such Account as uncollectible; an Account shall become a Defaulted Account
on the day on which such Receivables are recorded as charged off as uncollectible on the Servicer’s computer master file of revolving credit card accounts. Notwithstanding any other provision hereof, any Receivables in a Defaulted Account that
are Ineligible Receivables shall be treated as Ineligible Receivables rather than Receivables in Defaulted Accounts. 
 “Delaware
Act” means the Asset-Backed Securities Facilitation Act located in Title 6, Chapter 27A of the Delaware Code. 
 “Delaware
Limited Liability Company Act” means the Delaware Limited Liability Company Act (6 Del. C. § 18-101 et seq.) and any successor statute, as amended from time to time. 

“Dollars,” “$” or “U.S. $” means United States dollars. 

“Eligible Account” means a revolving credit card account owned by an Account Owner which meets the following requirements as
of the Addition Cut-Off Date: 
 (a) is a revolving credit card account in existence and maintained with an Account Owner; 

(b) is payable in Dollars; 

  
 5 

 (c) has an Obligor who has provided, as his or her most recent billing address, an address
located in the United States or its territories or possessions or a military address; 
 (d) has an Obligor who has not been identified by
the Servicer in its computer files as being involved in a voluntary or involuntary bankruptcy proceeding; 
 (e) has not been classified by
the Servicer in its computer files as cancelled, counterfeit, deleted, fraudulent, stolen or lost; 
 (f) does not have Receivables which are
at the time of transfer sold or pledged to any other party (except pursuant to this Agreement and the Transfer and Servicing Agreement); 

(g) has not been charged-off by the Servicer in its customary and usual manner for charging-off revolving credit card accounts as of their date
of designation for inclusion in the Trust; and 
 (h) has an Obligor who has not been identified by the Servicer in its computer files as
being deceased. 
 “Eligible Collateral Certificate” means a Collateral Certificate that has been duly authorized by Chase
USA and validly issued by the applicable Master Trust and is entitled to the benefits of the applicable Pooling and Servicing Agreement and with respect to which the representations and warranties made in subsections 2.04(a)(ii), (iii), (iv), (v),
(vi), (vii), (viii), (ix) and (x) are accurate in all material respects. 
 “Eligible Receivable” means each
Receivable: 
 (a) which has arisen in an Eligible Account (as of the relevant Addition Cut-Off Date); 

(b) which was created in compliance in all material respects with all Requirements of Law applicable to the institution which owned such
Receivable at the time of its creation and pursuant to a Credit Card Agreement which complies in all material respects with all Requirements of Law applicable to the applicable Account Owner, as the case may be; 

(c) with respect to which all consents, licenses, approvals or authorizations of, or registrations or declarations with, any Governmental
Authority required to be obtained, effected or given in connection with the creation of such Receivable or the execution, delivery and performance by the applicable Account Owner, as the case may be, of the Credit Card Agreement pursuant to which
such Receivable was created, have been duly obtained, effected or given and are in full force and effect; 
 (d) as to which at the time of
the transfer of such Receivable from Chase USA to Chase Card Funding, and from Chase Card Funding to the Trust, Chase USA, Chase Card Funding or the Trust has good and marketable title thereto, free and clear of all Liens occurring under or through
Chase USA or any of its Affiliates (other than Liens permitted pursuant to subsection 2.04(a)(v)); 

  
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 (e) which is the legal, valid and binding payment obligation of the Obligor thereon enforceable
against such Obligor in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws, now or hereafter in effect, affecting the enforcement of
creditors’ rights in general and except as such enforceability may be limited by general principles of equity (whether considered in a suit at law or in equity); 

(f) which constitutes an “account” under and as defined in Article 9 of the UCC; and 

(g) which, for so long as any Notes issued prior to the Closing Date remain outstanding, is not subject to any setoff, right of rescission,
counterclaim, or other defense, including the defense of usury, other than defenses arising out of applicable bankruptcy, insolvency, reorganization, moratorium, or other similar laws affecting the enforcement of creditors’ rights in general.

 “ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time. 

“Excess Funding Account” has the meaning specified in the Asset Pool One Supplement. 

“Finance Charge Collections” means, for any Monthly Period, the sum of (a) with respect to Receivables designated for
inclusion in Asset Pool One, all Collections received by the Servicer on behalf of the Issuing Entity of Finance Charge Receivables (including Recoveries received for such Monthly Period to the extent such Recoveries are deemed Finance Charge
Collections under the definition of “Collections” above), (b) with respect to any Collateral Certificate designated for inclusion in Asset Pool One, collections of finance charge receivables allocable to the holder of the
Collateral Certificate for such Monthly Period pursuant to the applicable Series Supplement and (c) any amounts received by the Issuing Entity which are designated as Finance Charge Collections pursuant to the Asset Pool One Supplement or
Indenture Supplement for such Monthly Period. Finance Charge Collections with respect to any Monthly Period shall include the Interchange Amount (if any) paid to the Issuing Entity with respect to such Monthly Period (to the extent received by the
Issuing Entity and deposited into the applicable Collection Account on the First Note Transfer Date following such Monthly Period). 

“Finance Charge Receivables” means Receivables created in respect of the Periodic Finance Charges, Annual Membership Fees,
Cash Advance Fees, Late Fees, Overlimit Fees, return check fees and similar fees and charges. 
 “First Note Transfer Date”
has the meaning specified in the Asset Pool One Supplement. 

  
 7 

 “Governmental Authority” means the United States of America, any state or other
political subdivision thereof and any entity exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government. 

“Increase Date” has the meaning specified in subsection 2.12(a)(i) of the Transfer and Servicing Agreement. 

“Indenture” means the Fourth Amended and Restated Indenture, dated as of
[            ], 2016, between the Issuing Entity and the Indenture Trustee. 

“Ineligible Collateral Certificate” has the meaning specified in subsection 2.06(c). 

“Ineligible Receivable” has the meaning specified in subsection 2.06(c). 

“Initial Account Assignments” means, collectively, Assignment No. 1 of Receivables in Additional Accounts, dated as of
November 29, 2002, Assignment No. 2 of Receivables in Additional Accounts, dated as of March 24, 2003, Assignment No. 3 of Receivables in Additional Accounts, dated as of August 18, 2003, Assignment No. 4 of Receivables
in Additional Accounts, dated as of March 26, 2004, Assignment No. 5 of Receivables in Additional Accounts, dated as of December 17, 2004, Assignment No. 6 of Receivables in Additional Accounts, dated as of May 16, 2005,
Assignment No. 7 of Receivables in Additional Accounts, dated as of August 17, 2005, Assignment No. 8 of Receivables in Additional Accounts, dated as of September 30, 2005, Assignment No. 9 of Receivables in Additional
Accounts, dated as of November 10, 2005, Assignment No. 10 of Receivables in Additional Accounts, dated as of May 30, 2006, Assignment No. 11 of Receivables in Additional Accounts, dated as of August 29, 2006, Assignment
No. 12 of Receivables in Additional Accounts, dated as of November 28, 2006, Assignment No. 13 of Receivables in Additional Accounts, dated as of February 26, 2007, Assignment No. 14 of Receivables in Additional Accounts,
dated as of March 28, 2007, Assignment No. 15 of Receivables in Additional Accounts, dated as of June 27, 2007, Assignment No. 16 of Receivables in Additional Accounts, dated as of October 19, 2007, Assignment No. 17 of
Receivables in Additional Accounts, dated as of November 15, 2007, Assignment No. 18 of Receivables in Additional Accounts, dated as of December 18, 2007, Assignment No. 19 of Receivables in Additional Accounts, dated as of
January 30, 2008, Assignment No. 20 of Receivables in Additional Accounts, dated as of February 4, 2008, Assignment No. 21 of Receivables in Additional Accounts, dated as of April 11, 2008, Assignment No. 22 of
Receivables in Additional Accounts, dated as of May 13, 2008, Assignment No. 23 of Receivables in Additional Accounts, dated as of August 12, 2008, Assignment No. 24 of Receivables in Additional Accounts, dated as of
September 26, 2008, Assignment No. 25 of Receivables in Additional Accounts, dated as of November 3, 2008, Assignment No. 26 of Receivables in Additional Accounts, dated as of February 10, 2009, Assignment No. 27 of
Receivables in Additional Accounts, dated as of April 16, 2009, Assignment No. 28 of Receivables in Additional Accounts, dated as of May 8, 2009, Assignment No. 29 of Receivables in Additional Accounts, dated as of June 8,
2009, Assignment No. 30 of Receivables in Additional Accounts, dated as of July 21, 2009, Assignment No. 31 of Receivables in Additional Accounts, dated as of August 17, 2009, Assignment No. 32 of Receivables in Additional
Accounts, dated as of September 17, 2009, Assignment No. 33 of Receivables in Additional Accounts, dated as of October 15, 2009, Assignment No. 34 of 

  
 8 

 
Receivables in Additional Accounts, dated as of November 2, 2009, Assignment No. 35 of Receivables in Additional Accounts, dated as of October 31, 2012, Assignment No. 36 of
Receivables in Additional Accounts, dated as of August 4, 2014 and Assignment No. 37 of Receivables in Additional Accounts, dated as of March 31, 2015, each between Chase USA and the Issuing Entity. 

“Initial Account Reassignments” means, collectively, Reassignment No. 1 of Receivables in Removed Accounts, dated as of
June 26, 2003, Reassignment No. 2 of Receivables in Removed Accounts, dated as of May 1, 2005, Reassignment No. 3 of Receivables in Removed Accounts, dated as of October 10, 2007, Reassignment No. 4 of Receivables in
Removed Accounts, dated as of March 15, 2010, Reassignment No. 5 of Receivables in Removed Accounts, dated as of August 4, 2010, Reassignment No. 6 of Receivables in Removed Accounts, dated as of August 30, 2010,
Reassignment No. 7 of Receivables in Removed Accounts, dated as of October 28, 2010, Reassignment No. 8 of Receivables in Removed Accounts, dated as of January 28, 2011, Reassignment No. 9 of Receivables in Removed Accounts,
dated as of April 27, 2011, Reassignment No. 10 of Receivables in Removed Accounts, dated as of May 4, 2011, Reassignment No. 11 of Receivables in Removed Accounts, dated as of May 7, 2012, Reassignment No. 12 of
Receivables in Removed Accounts, dated as of September 28, 2012, Reassignment No. 13 of Receivables in Removed Accounts, dated as of June 11, 2014, Reassignment No. 14 of Receivables in Removed Accounts, dated as of
September 22, 2014, and Reassignment No. 15 of Receivables in Removed Accounts, dated as of March 31, 2015, each between Chase USA and the Issuing Entity. 

“Initial Accounts” means the Accounts designated pursuant to the Initial Account Assignments. 

“Initial Removed Accounts” means the Accounts the Receivables from which have been removed from the Trust pursuant to the
Initial Account Reassignments. 
 “Initial Transferred Assets” has the meaning specified in subsection 2.01(b)(i). 

“Insolvency Event” has the meaning specified in Section 5.01. 

“Insurance Proceeds” means any amounts recovered by the Servicer pursuant to any credit insurance policies covering any
Obligor with respect to Receivables under such Obligor’s Account. 
 “Interchange” means interchange fees payable to
the Servicer with respect to the Accounts by the Account Owner, in its capacity as credit card issuer, through bankcard payment networks or other similar payment systems. 

“Interchange Amount” means, for any Monthly Period, an amount determined by the Account Owner, in its sole discretion, to be
reasonably representative of the amount of Interchange generated by the Receivables arising in the Accounts of such Account Owner. 

“Invested Amount” has, with respect to any Collateral Certificate, the meaning specified in the applicable Series Supplement
for such Collateral Certificate. 

  
 9 

 “Issuance Date” means each date on which a Series, Class or Tranche of Notes is
issued pursuant to the Indenture. 
 “Issuing Entity” means Chase Issuance Trust, a Delaware statutory trust. 

“Late Fees” has the meaning specified in the Credit Card Agreement applicable to each Account for late fees or similar fees.

 “Lien” means any mortgage, deed of trust, pledge, hypothecation, assignment, participation or equity interest, deposit
arrangement, encumbrance, lien (statutory or other), preference, priority or other security agreement or preferential arrangement of any kind or nature whatsoever, including any conditional sale or other title retention agreement, any financing
lease having substantially the same economic effect as any of the foregoing and the filing of any financing statement under the UCC (other than any such financing statement filed for informational purposes only) or comparable law of any jurisdiction
to evidence any of the foregoing. 
 “LLC Agreement” means the Amended and Restated Limited Liability Company Agreement of
Chase Card Funding, dated as of [            ], 2016, together with the schedules attached thereto, as amended, restated or supplemented or otherwise modified from time to time. 

“Minimum Pool Balance” means the Asset Pool One Minimum Pool Balance as defined in the Asset Pool One Supplement. 

“Monthly Period” has the meaning specified in the Indenture. 

“Note Transfer Date” has the meaning specified in the Asset Pool One Supplement. 

“Noteholder Percentage” means, for any Series of Notes, with respect to Principal Collections, Finance Charge Collections,
the Default Amount and the Receivables Servicing Fee, the percentage stated in the applicable Indenture Supplement for such Series of Notes. 

“Notice Date” has the meaning specified in subsection 2.10(c)(i). 

“Notices” has the meaning specified in Section 7.04. 

“Obligor” means, with respect to any Account, the Person or Persons obligated to make payments with respect to such Account,
including any guarantor thereof, but excluding any merchant. 
 “Officer’s Certificate” means a certificate signed by
the Owner Trustee, the Administrator or the Servicer and delivered to the Indenture Trustee or the Collateral Agent or a certificate signed by Chase USA and delivered to the Owner Trustee, the Indenture Trustee or the Collateral Agent. Wherever this
Agreement requires that an Officer’s Certificate be signed also by an accountant or other expert, such accountant or other expert (except as otherwise expressly provided in this Agreement) may be an employee of the Owner Trustee, the
Administrator or the Servicer. 

  
 10 

 “Original Transferor” means Chase USA, which was the Transferor from May 2,
2002 to, but excluding, the Closing Date and was identified as the Transferor under the Prior Transfer and Servicing Agreements. 

“Overlimit Fees” has the meaning specified in the Credit Card Agreement applicable to each Account for overlimit fees or
similar fees if such fees are provided for with respect to such Account. 
 “Periodic Finance Charges” has the meaning
specified in the Credit Card Agreement applicable to each Account for finance charges (due to periodic rate) or any similar term. 

“Pool Balance” means the Asset Pool One Pool Balance as defined in the Asset Pool One Supplement. 

“Principal Collections” means, for any Monthly Period, the sum of (1) with respect to Receivables designated for
inclusion in Asset Pool One, all Collections other than those designated as Finance Charge Collections on Accounts designated for such Monthly Period and (2) with respect to any Collateral Certificate designated for inclusion in Asset Pool One,
all collections of principal receivables, including Collateral Certificate Principal Shortfall Payments, allocable to the holder of such Collateral Certificate for such Monthly Period pursuant to the applicable Series Supplement. 

“Principal Receivables” means Receivables other than (a) Periodic Finance Charges, Annual Membership Fees, Cash Advance
Fees, Late Fees, Overlimit Fees, return check fees and similar fees and other charges and (b) Receivables in Defaulted Accounts. In calculating the aggregate amount of Principal Receivables for any Monthly Period, the amount of Principal
Receivables shall be reduced by the aggregate amount of credit balances in the Accounts on the last day of such Monthly Period. Any Principal Receivables which Chase USA is unable to transfer as provided in Section 2.12 of this Agreement or
Section 9.01 of the Transfer and Servicing Agreement shall not be included in calculating the amount of Principal Receivables. 

“Prior Transfer and Servicing Agreements” has the meaning specified in the Recitals. 

“Purchase Price” has the meaning specified in subsection 3.01(a). 

“Purchase Price Adjustment” has the meaning specified in Section 3.02. 

“Purchase Price Payment Date” has the meaning specified in subsection 3.01(a). 

“Reassignment” has the meaning specified in subsection 2.11(b)(ii). 

“Receivables” means any amount owing by the Obligors including amounts owing for the payment of goods and services, cash
advances, access checks, Annual Membership Fees, Cash Advance Fees, Periodic Finance Charges, Late Fees, Overlimit Fees, return check fees and similar fees and charges, if any. 

  
 11 

 “Receivables Servicing Fee” means the Asset Pool One Receivables Servicing Fee
as defined in the Asset Pool One Supplement. 
 “Recoveries” means all net amounts received, including Insurance Proceeds,
by the Servicer with respect to Receivables in Defaulted Accounts, including amounts received by the Servicer from the purchaser or transferee with respect to the sale or other disposition of Receivables in Defaulted Accounts. 

“Regulation AB” means subpart 229.1100—Asset Backed Securities (Regulation AB), 17 C.F.R.
§§229.1100—229.1125, and all related rules and regulations of the Securities and Exchange Commission, as such rules may be amended from time to time, and subject to such clarification and interpretation as have been provided by the
Securities and Exchange Commission or by the staff of the Securities and Exchange Commission, or as may be provided by the Securities and Exchange Commission or its staff from time to time. 

“Removal Cut-Off Date” means, with respect to any Removed Account, the date as of which the Receivable in such Removed
Account shall have been selected by Chase USA for removal from Chase Card Funding pursuant to Section 2.11 and by Chase Card Funding from the Trust pursuant to Section 2.13 of the Transfer and Servicing Agreement; provided,
however, that in no event shall a Removal Cut-Off Date be more than ten months prior to the related Removal Date. 
 “Removal
Date” means the date on which the Receivables from the designated Removed Accounts will be reassigned to Chase USA. 

“Removal Notice Date” has the meaning specified in subsection 2.13(a) of the Transfer and Servicing Agreement. 

“Removed Accounts” has the meaning specified in subsection 2.11(a). 

“Required Transferor Amount” means the Asset Pool One Required Transferor Amount as defined in the Asset Pool One Supplement.

 “Requirements of Law” means, for any Person, the limited liability company agreement, certificate of incorporation or
articles of association and by-laws or other organizational or governing documents of such Person, and any law, treaty, rule or regulation, or determination of an arbitrator or Governmental Authority, whether federal, state or local (including usury
laws, the federal Truth-in-Lending statement required by the Truth in Lending Act, as amended (15 U.S.C. 1601 et seq.) and Regulation B and Regulation Z of the Board of Governors of the Federal Reserve System). 

“Retained Classes of Notes” means the [Class B(2010-3), Class B(2012-2), Class B(2013-1), Class B(2015-1)][, Class C(2010-3),
Class C(2012-2), Class C(2013-1) and Class C(2015-1)] notes issued by Chase Issuance Trust. 

  
 12 

 “Secured Obligations” has the meaning specified in subsection 2.01(f). 

“Securities Act” means the Securities Act of 1933, as amended from time to time (15 U.S.C. 77a et seq.). 

“Service Transfer” has the meaning specified in Section 10.01 of the Transfer and Servicing Agreement. 

“Servicer” means Chase USA, in its capacity as Servicer pursuant to this Agreement, and, after any Service Transfer, the
Successor Servicer. 
 “Servicing Fee” means the Asset Pool One Servicing Fee as defined in the Asset Pool One Supplement.

 “Settlement Statement” has the meaning specified in Section 3.03. 

“Subordinated Note” means the subordinated revolving promissory note dated
[            ], 2016 or any successor subordinated revolving promissory note from Chase Card Funding to Chase USA, substantially in the form of Exhibit D hereto. 

“Successor Servicer” has the meaning specified in subsection 10.02(a) of the Transfer and Servicing Agreement. 

“Transaction Document” means the Transfer and Servicing Agreement, the Trust Agreement, the applicable Series Supplement, the
Asset Pool One Supplement, the Indenture or the related Indenture Supplement, as applicable. 
 “Transfer and Servicing
Agreement” has the meaning specified in the Recitals. 
 “Transfer Restriction Event” has the meaning specified in
Section 2.12. 
 “Transferor” means (a) prior to the Closing Date, the Original Transferor and (b) on or
after the Closing Date, Chase Card Funding or its successors or assigns under this Agreement. 
 “Transferor Amount” means
the Asset Pool One Transferor Amount as defined in the Asset Pool One Supplement. 
 “Transferor Interest” has the meaning
specified in the Asset Pool One Supplement. 
 “Transferred Account” means (a) an Account with respect to which a new
credit account number has been issued by the Account Owner under circumstances resulting from a lost or stolen credit card or from the transfer from one affinity group to another affinity group or otherwise and not requiring standard application and
credit evaluation procedures under the Credit Card Guidelines or (b) an Eligible Account resulting from a status change, including the conversion of an Account that was a standard account to a premium account or from a premium account to a
standard account, and which in the case of (a) or (b), can be traced or identified by 

  
 13 

 
reference to or by way of the computer files, microfiche list, CD-ROM or such other form as is agreed upon between Chase USA and the Collateral Agent, delivered by Chase USA to Chase Card
Funding, or maintained by Chase USA on behalf of Chase Card Funding, under this Agreement and to the Collateral Agent, as designee of the Issuing Entity under the Transfer and Servicing Agreement, as an account into which an Account has been
transferred. 
 “Trust” means the Chase Issuance Trust, a Delaware statutory trust. 

“Trust Agreement” means the Fourth Amended and Restated Trust Agreement relating to the Trust, dated as of
[            ], 2016, between Chase Card Funding and the Owner Trustee, as amended, restated or supplemented or otherwise modified from time to time. 

Section 1.02 Other Definitional Provisions. 

(a) The terms defined in this Article have the meanings assigned to them in this Article, and, along with any other term defined in any
Section of this Agreement, include the plural as well as the singular. 
 (b) With respect to any Series, all terms used herein and not
otherwise defined herein shall have meanings ascribed to them in the Transfer and Servicing Agreement, the Indenture or the Asset Pool One Supplement. 

(c) All terms defined in this Agreement shall have the defined meanings when used in any certificate or other document made or delivered
pursuant hereto unless otherwise defined therein. 
 (d) References in this Agreement to amounts payable or allocable to the Trust or
Receivables, Collateral Certificates and other assets designated for inclusion in an Asset Pool means amounts, Receivables, Collateral Certificates and other assets (i) transferred to Chase Card Funding pursuant to the terms hereof,
(ii) transferred to the Trust by Chase Card Funding as Transferor or Chase USA as Servicer pursuant to the Transfer and Servicing Agreement and the other Transaction Documents and (iii) transferred to Asset Pool One pursuant to the Asset
Pool One Supplement. 
 (e) As used in this Agreement and in any certificate or other document made or delivered pursuant hereto or
thereto, accounting terms not defined in this Agreement or in any such certificate or other document, and accounting terms partly defined in this Agreement or in any such certificate or other document to the extent not defined, shall have the
respective meanings given to them under GAAP. To the extent that the definitions of accounting terms in this Agreement or in any such certificate or other document are inconsistent with the meanings of such terms under GAAP, the definitions
contained in this Agreement or in any such certificate or other document shall control. 
 (f) The agreements, representations and
warranties of Chase USA in this Agreement in each of its capacities, including, without limitation, as Servicer and Administrator, shall be deemed to be the agreements, representations and warranties of Chase USA solely in each such capacity for so
long as Chase USA acts in each such capacity under this Agreement. 

  
 14 

 (g) Unless otherwise specified, references to any amount as on deposit or outstanding on any
particular date shall mean such amount at the close of business on such day. 
 (h) The words “hereof,” “herein,”
“hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement; references to any Article, subsection, Section, clause, Schedule or Exhibit
are references to Articles, subsections, Sections, clauses, Schedules and Exhibits in or to this Agreement unless otherwise specified; the term “including” means “including without limitation”; references to any law or regulation
refer to that law or regulation as amended from time to time and include any successor law or regulation; references to any Person include that Person’s successors and assigns; and references to any agreement refer to such agreement, as
amended, supplemented or otherwise modified from time to time. 
 [END OF ARTICLE I] 

  
 15 

 ARTICLE II 

CONVEYANCE OF COLLATERAL 

Section 2.01. Conveyance of Collateral. 

(a) By execution of the Prior Transfer and Servicing Agreements and the Initial Account Assignments, the Original Transferor sold,
transferred, assigned, set over and otherwise conveyed to the Trust, without recourse except as provided therein, all its right, title and interest in, to and under, on and after each applicable Addition Date prior to the Closing Date, the
Receivables in the Accounts designated thereby existing at the open of business on the applicable Cut-Off Date and thereafter created from time to time prior to the Closing Date, all Interchange and Recoveries allocable to the Trust as provided
therein, all monies due or to become due and all amounts received or receivable with respect thereto and all proceeds (including “proceeds” as defined in the UCC) thereof. 

(b) (i) By execution of the Assignment and Assumption Agreement, on the Closing Date Chase USA assigned to Chase Card Funding and Chase Card
Funding accepted (x) the Transferor Interest, (y) the Beneficial Interest and (z) the Retained Classes of Notes (collectively, the “Initial Transferred Assets”); and Chase Card Funding agreed to become the successor
transferor and to assume from Chase USA the covenants and obligations of the Original Transferor and all rights granted to the Original Transferor under the Prior Transfer and Servicing Agreements. 

(ii) By execution of this Agreement, Chase USA does hereby sell, transfer, assign, set over and otherwise convey to Chase Card Funding ,
without recourse except as provided herein, (x) with respect to the Closing Date Accounts, all right, title and interest in, to and under the Receivables arising on and after the Closing Date, and (y) on and after each applicable Addition
Date hereafter (A) all right, title and interest, in, to and under each Additional Collateral Certificate and (B) all right, title and interest in, to and under the Receivables in each Additional Account designated hereafter created from
time to time until the termination of Chase Card Funding, all monies due or to become due and all amounts received or receivable with respect thereto and all proceeds (including “proceeds” as defined in the UCC) thereof; in addition Chase
USA does hereby sell, transfer, assign, set over and otherwise convey to Chase Card Funding all Interchange and Recoveries allocable to Chase Card Funding as provided herein (the assets contained in clause (i) and this clause (ii),
collectively, the “Chase Card Funding Assets”). 
 (c) Receivables arising on and after the Closing Date in the Accounts
and the related other Chase Card Funding Assets shall be sold by Chase USA and purchased by Chase Card Funding on the date such Receivables arise. Each Additional Collateral Certificate and all Receivables arising in each Additional Account
designated on each applicable Addition Date, and the related other Chase Card Funding Assets, shall be sold by Chase USA and purchased by Chase Card Funding on the related Addition Date. 

  
 16 

 (d) (i) Chase USA, as the Original Transferor, has, at its own expense, in the case of the
Closing Date Accounts (A) prior to the date hereof, indicated in the appropriate official records or computer files (I) that the Receivables created in connection with the Initial Accounts have been conveyed to the Trust pursuant to the
Prior Transfer and Servicing Agreements and the Initial Account Assignments and (II) that the Receivables created in connection with the Initial Removed Accounts have been removed from the Trust pursuant to the Prior Transfer and Servicing Agreement
and the Initial Account Reassignments and (B) on or promptly following the date hereof, delivered to Chase Card Funding, or maintain on behalf of Chase Card Funding pursuant to Section 3.08, an accurate list, based on the computer records
of Chase USA (in the form of a computer file, microfiche list, CD-ROM or such other form as is agreed upon between Chase USA and Chase Card Funding) of all the Closing Date Accounts. The list that reflects the Closing Date Accounts includes, for
each Closing Date Account, its account reference number and the aggregate Receivables outstanding in such Account as of the close of business on the day prior to the Closing Date and has been marked as Schedule 2 to this Agreement and is hereby
incorporated into and made a part of this Agreement. 
 (ii) Chase USA further agrees, at its own expense, on and after each applicable
Addition Date hereafter, in the case of Additional Collateral Certificates and Additional Accounts: (A) to indicate in the appropriate official records or computer files that such Collateral Certificates or Receivables created in connection
with such Accounts have been conveyed to Chase Card Funding pursuant to this Agreement and (B) to deliver to Chase Card Funding, or maintain on behalf of Chase Card Funding pursuant to Section 3.08, an accurate list, based on the computer
records of Chase USA (in the form of a computer file, microfiche list, CD-ROM or such other form as is agreed upon between Chase USA and Chase Card Funding) of all such Accounts. Such list shall, in connection with each Additional Account, include
its account reference number and the aggregate Receivables outstanding in such Additional Account as of the applicable Cut-Off Date. Each such official record, as described in clause (A) above, as supplemented, from time to time, to reflect
Additional Collateral Certificates and removed Collateral Certificates shall be marked as Schedule 1 to this Agreement, and each such list, as described in clause (B) above, as supplemented, from time to time, to reflect Additional Accounts and
Removed Accounts, shall be marked as Schedule 2 to this Agreement and is hereby incorporated into and made a part of this Agreement. 
 (e)
The parties hereto agree that all transfers of Chase Card Funding Assets are subject to, and shall be treated in accordance with, the Delaware Act and each of the parties hereto agrees that this Agreement has been entered into by the parties hereto
in express reliance upon the Delaware Act. For purposes of complying with the requirements of the Delaware Act, each of the parties hereto hereby agrees that any property, assets or rights purported to be transferred, in whole or in part, by Chase
USA pursuant to this Agreement shall be deemed to no longer be the property, assets or rights of Chase USA. The parties hereto acknowledge and agree that the transactions contemplated hereby shall constitute a part of, and each such transfer is
occurring in connection with, a “securitization transaction” within the meaning of the Delaware Act. 

  
 17 

 (f) The parties hereto intend that each transfer of Receivables and any Additional Collateral
Certificates pursuant to this Agreement constitute a sale, and not a secured borrowing for accounting purposes. If and to the extent that, notwithstanding such intent, Chase USA retains any interest in the Additional Collateral Certificates or the
Receivables, it is the intention of the parties hereto that this Agreement shall constitute a security agreement under applicable law, and therefore Chase USA hereby grants to Chase Card Funding a first priority perfected security interest in all of
Chase USA’s right, title and interest, in, to and under any Additional Collateral Certificates, the Receivables and the other Chase Card Funding Assets conveyed by Chase USA pursuant to this Agreement, and all money, accounts, general
intangibles, chattel paper, instruments, documents, goods, investment property, deposit accounts, certificates of deposit, letters of credit, letter-of-credit-rights and advices of credit consisting of, arising from or related to the Chase Card
Funding Assets, and all proceeds thereof, to secure the obligations of Chase USA hereunder (the “Secured Obligations”). 

Section 2.02. Acceptance by Chase Card Funding. 

(a) Chase Card Funding hereby acknowledges its acceptance of all right, title and interest in, to and under the property, now existing and
hereafter created, conveyed to Chase Card Funding pursuant to Section 2.01. 
 (b) Chase Card Funding hereby designates to the
Servicer the right to collect all amounts payable pursuant to the Chase Card Funding Assets and to apply them as specified herein and in the Transaction Documents. 

(c) Chase Card Funding hereby agrees not to disclose to any Person, or to authorize the disclosure to any Person of, any credit card account
reference numbers or information contained in the list marked as Schedule 2 and delivered to the Collateral Agent, as designee of the Issuing Entity, pursuant to Section 2.01 of the Transfer and Servicing Agreement, from time to time, except
(i) to a Successor Servicer or as required by a Requirement of Law applicable to Chase Card Funding, (ii) to a Governmental Authority upon a request by such Governmental Authority, (iii) in connection with the performance of Chase
Card Funding’s duties hereunder, (iv) to the Indenture Trustee in connection with its duties in enforcing the rights of Noteholders, (v) to the Collateral Agent in connection with its duties under the Asset Pool One Supplement or
(vi) to bona fide creditors or potential creditors of any Account Owner or the Administrator for the limited purpose of enabling any such creditor to identify applicable Receivables or Accounts subject to this Agreement. Chase Card Funding
agrees to take such measures as shall be reasonably requested by Chase USA to protect and maintain the security and confidentiality of such information. Chase Card Funding shall provide Chase USA with prompt notice (generally not more than five
(5) Business Days) prior to disclosure of any information of the type described in this subsection 2.02(c). 
 Section 2.03.
Representations and Warranties of Chase USA Relating to Chase USA. Chase USA hereby represents and warrants to Chase Card Funding as of the Closing Date, and as of each Issuance Date, Increase Date and Addition Date hereafter that: 

(a) Organization and Good Standing. Chase USA is an entity, duly organized and validly existing in good standing under the laws of the
jurisdiction of its organization or incorporation and has, in all material respects, full power, authority and legal right to own its properties and conduct its business as such properties are at present owned and such business is at present
conducted, and to execute, deliver and perform its obligations under this Agreement, and the Transfer and Servicing Agreement. 

  
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 (b) Due Qualification. Chase USA is duly qualified to do business and is in good standing
(or is exempt from such requirement) in any state required in order to conduct business, and has obtained all necessary licenses and approvals with respect to Chase USA required under federal law; provided, however, that no
representation or warranty is made with respect to any qualifications, licenses or approvals which Chase Card Funding would have to obtain to do business in any state in which Chase Card Funding seeks to enforce any Collateral Certificate or any
Receivable. 
 (c) Due Authorization. The execution and delivery of this Agreement and the Transfer and Servicing Agreement, by Chase
USA and the consummation by Chase USA of the transactions provided for in this Agreement and the Transfer and Servicing Agreement have been duly authorized by Chase USA by all necessary corporate action on the part of Chase USA and this Agreement
will remain, from the time of its execution, an official record of Chase USA. 
 (d) No Conflict. The execution and delivery by Chase
USA of this Agreement and the Transfer and Servicing Agreement and the performance of the transactions contemplated by this Agreement and the Transfer and Servicing Agreement and the fulfillment of the terms hereof and thereof applicable to Chase
USA, will not conflict with, result in any breach of any of the material terms and provisions of, or constitute (with or without notice or lapse of time or both) a material default under, any indenture, contract, agreement, mortgage, deed of trust
or other instrument to which Chase USA is a party or by which it or its properties are bound. 
 (e) No Proceedings. There are no
proceedings or investigations, pending or, to the best knowledge of Chase USA, threatened against Chase USA before any Governmental Authority (i) asserting the invalidity of this Agreement or the Transfer and Servicing Agreement,
(ii) seeking to prevent the consummation of any of the transactions contemplated by this Agreement or the Transfer and Servicing Agreement, (iii) seeking any determination or ruling that, in the reasonable judgment of Chase USA, would
materially and adversely affect the performance by Chase USA of its obligations under this Agreement or the Transfer and Servicing Agreement, (iv) seeking any determination or ruling that would materially and adversely affect the validity or
enforceability of this Agreement or the Transfer and Servicing Agreement or (v) seeking to affect adversely the income tax attributes of Chase Card Funding under the United States federal or any state income tax systems. 

(f) All Consents. All appraisals, authorizations, consents, orders or other actions of any Person or of any Governmental Authority
required in connection with the execution and delivery by Chase USA of this Agreement and the Transfer and Servicing Agreement and the performance of the transactions contemplated by this Agreement and the Transfer and Servicing Agreement by Chase
USA have been duly obtained, effected or given and are in full force and effect. 

  
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 (g) No Violation. The execution and delivery of this Agreement and the Transfer and
Servicing Agreement, the performance of the transactions contemplated by this Agreement and the Transfer and Servicing Agreement and the fulfillment of the terms hereof and thereof will not conflict with or violate any Requirements of Law applicable
to Chase USA. 
 Section 2.04. Representations and Warranties of Chase USA Relating to this Agreement and the Collateral. 

(a) Representations and Warranties. Chase USA hereby severally represents and warrants to Chase Card Funding that: 

(i) as of (A) each day on which any new Receivable is created, this Agreement and (B) each Addition Date with respect
to Additional Accounts designated on such Addition Date, this Agreement and the related Account Assignment, each constitutes a legal, valid and binding obligation of Chase USA enforceable against Chase USA in accordance with its terms, except as
such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally from time to time in effect or general principles of equity; 

(ii) as of each Issuance Date, this Agreement constitutes a legal, valid and binding obligation of Chase USA enforceable
against Chase USA in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally from time to time in
effect or general principles of equity; 
 (iii) as of (A) each Increase Date, this Agreement, and (B) each
Addition Date on which an Additional Collateral Certificate is designated, this Agreement and the related Collateral Certificate Assignment, each constitutes a legal, valid and binding obligation of Chase USA enforceable against Chase USA in
accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting creditors’ rights generally from time to time in effect or general
principles of equity; 
 (iv) as of (A) the Closing Date with respect to the Closing Date Accounts (and the Receivables
arising therein) and each Addition Cut-Off Date with respect to Additional Accounts (and the Receivables arising therein) and (B) the Addition Date with respect to an Additional Collateral Certificate, Schedule 1 or Schedule 2, as applicable,
to this Agreement as supplemented to such date, based on Chase USA’s computer records, is an accurate listing or identification, as applicable, in all material respects of: 

(1) with respect to Schedule 2, the Closing Date Accounts or Additional Accounts, as applicable, the Receivables in which were
transferred by Chase USA, and the information contained therein with respect to the identity of such Accounts and the Receivables existing thereunder is, in each case, accurate in all material respects as of the end of the day prior to the Closing
Date or the applicable Cut-Off Date; or 

  
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 (2) with respect to Schedule 1, each Additional Collateral Certificate
transferred as of an Addition Date, and the information contained therein with respect to the identity of such Collateral Certificate as of such Addition Date, is, in each case, accurate in all material respects; 

(v) as of (A) each day on which any new Receivable is created on and after the Closing Date, (B) each Addition
Cut-Off Date with respect to Additional Accounts (and the Receivables arising therein), (C) each Addition Date with respect to Additional Collateral Certificates and (D) each Increase Date with respect to increases in the Invested Amount
of a Collateral Certificate previously conveyed to Chase Card Funding, Chase USA owns and has good and marketable title to such Receivable, Additional Collateral Certificate or such increased Invested Amount of a Collateral Certificate, as
applicable, free and clear of any Lien (other than any Lien for municipal or other local taxes if such taxes are not then due and payable or if Chase USA is then contesting the validity thereof in good faith by appropriate proceedings and has set
aside on its books and records adequate reserves with respect thereto), claim or encumbrance of any Person and such conveyance of such Receivable or Additional Collateral Certificate to Chase Card Funding, or such increase in the Invested Amount of
a Collateral Certificate previously conveyed to Chase Card Funding, as applicable, is made by Chase USA in compliance, in all material respects, with all Requirements of Law applicable to Chase USA; 

(vi) as of (A) each day on which any new Receivable is created on and after the Closing Date, (B) each Addition
Cut-Off Date with respect to Additional Accounts (and the Receivables arising therein), (C) each Addition Date with respect to an Additional Collateral Certificate and (D) each Increase Date with respect to an increase in the Invested
Amount of a Collateral Certificate previously conveyed to Chase Card Funding, all authorizations, consents, orders or approvals of or registrations or declarations with any Governmental Authority required to be obtained, effected or given by Chase
USA in connection with the conveyance to Chase Card Funding by Chase USA of such Receivables or Additional Collateral Certificate or the increase of the Invested Amount of any Collateral Certificate previously conveyed to Chase Card Funding by Chase
USA have been duly obtained, effected or given and are in full force and effect; 
 (vii) as of (A) each Issuance Date,
(B) the Closing Date with respect to the Closing Date Accounts (and the Receivables arising therein) and each Addition Cut-Off Date with respect to Additional Accounts (and the Receivables arising therein), (C) each Addition Date with
respect to an Additional Collateral Certificate and (D) each Increase Date with respect to an increase in the Invested Amount of a Collateral Certificate previously conveyed to Chase Card Funding, this Agreement constitutes a valid sale,
transfer and assignment to Chase 

  
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Card Funding of all right, title and interest of Chase USA in and to any Receivables existing on and after such date, any Additional Collateral Certificate or any increased amount of such
Collateral Certificate, as applicable, transferred to Chase Card Funding by Chase USA and the proceeds thereof and Interchange and Recoveries identified as relating to the Receivables transferred to Chase Card Funding by Chase USA or, if this
Agreement or, in the case of an Additional Collateral Certificate or Additional Accounts, the related Collateral Certificate Assignment or Account Assignment, as applicable, does not constitute a sale of such property, it creates a valid and
continuing security interest (as defined in the applicable UCC) in such property in favor of Chase Card Funding, which security interest is prior to all other Liens, and is enforceable as such against creditors of and purchasers from Chase USA; 

(viii) as of (A) each Issuance Date, (B) the Closing Date with respect to the Closing Date Accounts (and the
Receivables arising therein) and each Addition Cut-Off Date with respect to Additional Accounts (and the Receivables arising therein), (C) each Addition Date with respect to an Additional Collateral Certificate and (D) each Increase Date
with respect to an increase in the Invested Amount of a Collateral Certificate previously conveyed to Chase Card Funding, Chase USA has caused or will have caused within ten days, the filing of all appropriate financing statements in the proper
filing office in the appropriate jurisdictions under applicable law in order to perfect the security interest in such property granted to Chase Card Funding hereunder and upon the filing of all such appropriate financing statements, Chase Card
Funding shall have a first priority perfected security or ownership interest in such property and proceeds; 
 (ix) as of
(A) each Issuance Date, (B) the Closing Date with respect to the Closing Date Accounts (and the Receivables arising therein) and each Addition Cut-Off Date with respect to Additional Accounts (and the Receivables arising therein),
(C) each Addition Date with respect to an Additional Collateral Certificate and (D) each Increase Date with respect to an increase in the Invested Amount of a Collateral Certificate previously conveyed to Chase Card Funding, other than the
security interest granted to Chase Card Funding pursuant to this Agreement or any other security interest that has been terminated, Chase USA has not pledged, assigned, sold, granted a security interest in, or otherwise conveyed such property; Chase
USA has not authorized the filing of and is not aware of any financing statements against Chase USA that include a description of collateral covering such property other than any financing statement relating to the security interest granted to Chase
Card Funding hereunder or that has been terminated; and Chase USA is not aware of any judgment or tax lien filings against Chase USA. Upon the filing of any applicable financing statements and, in the case of Receivables hereafter created and the
proceeds thereof, upon the creation thereof, Chase Card Funding shall have a first priority perfected security interest or ownership interest in such property and proceeds; 

  
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 (x) as of (A) each Issuance Date, (B) each Increase Date with respect
to an increase in the Invested Amount of a Collateral Certificate previously conveyed to Chase Card Funding and (C) each Addition Date with respect to an Additional Collateral Certificate, such Collateral Certificate constitutes a
“certificated security” within the meaning of the applicable UCC; prior to transfer Chase USA has in its possession all original copies of each certificate that constitutes or evidences such Collateral Certificate; the certificates that
constitute or evidence such Collateral Certificate do not have any marks or notations indicating that they have been pledged, assigned or otherwise conveyed to any Person other than Chase Card Funding; and all financing statements filed or to be
filed against Chase USA in favor of Chase Card Funding in connection herewith describing such Collateral Certificate contain a statement to the following effect: “A purchase of or security interest in any collateral described in this financing
statement will violate the rights of Chase Card Funding”; 
 (xi) as of each Addition Date with respect to an Additional
Collateral Certificate, such Additional Collateral Certificate is an Eligible Collateral Certificate; 
 (xii) as of each
Addition Cut-Off Date, the related Additional Accounts are Eligible Accounts; 
 (xiii) as of (A) the applicable
Addition Cut-Off Date with respect to the Receivables then existing in each Additional Account which have been conveyed to Chase Card Funding by Chase USA and (B) the date of the creation of each new Receivable conveyed to Chase Card Funding by
Chase USA, each such Receivable constitutes an “account” within the meaning of the applicable UCC; 
 (xiv) as of
(A) the applicable Addition Cut-Off Date with respect to the Receivables then existing in each Additional Account owned by Chase USA and (B) the date of the creation of any new Receivable transferred to Chase Card Funding by Chase USA,
such Receivable is an Eligible Receivable; 
 (xv) on the Addition Cut-Off Date, with respect to Additional Accounts owned by
Chase USA, no selection procedures believed by Chase USA to be materially adverse to the interests of the Noteholders have been used in selecting such Accounts; and 

(xvi) on each applicable Increase Date with respect to the Collateral Certificate which is to have its Invested Amount
increased, such Collateral Certificate is an Eligible Collateral Certificate. 
 (b) Notice of Breach. The representations and
warranties set forth in Section 2.03 and this Section 2.04 shall survive the transfers and assignments of the Collateral Certificates and the Receivables to Chase Card Funding under this Agreement, the transfers and assignments of the
Collateral Certificates and the Receivables to the Trust pursuant to the 

  
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Transfer and Servicing Agreement, the pledge of the Collateral Certificates and the Receivables to the Collateral Agent pursuant to the Asset Pool One Supplement, and the issuance of the Notes.
Upon discovery by Chase USA or the Indenture Trustee of a breach of any of the representations and warranties set forth in Section 2.03 or this Section 2.04, the party discovering such breach shall give prompt written notice to Chase Card
Funding following such discovery. 
 Section 2.05. Representations and Warranties of Chase Card Funding. Chase Card Funding
hereby represents and warrants to Chase USA as of the Closing Date, and as of each Issuance Date, each Increase Date and each Addition Date hereafter that: 

(a) Organization and Good Standing. Chase Card Funding is a limited liability company duly organized and validly existing in good
standing under the laws of the State of Delaware and has, in all material respects, full power, authority and legal right to own its properties and conduct its business as such properties are at present owned and such business is at present
conducted, and to execute, deliver and perform its obligations under this Agreement. 
 (b) Due Qualification. Chase Card Funding is
duly qualified to do business and is in good standing (or is exempt from such requirement) in any state required in order to conduct business, and has obtained all necessary licenses and approvals with respect to Chase Card Funding required under
federal law; provided, however, that no representation or warranty is made with respect to any qualifications, licenses or approvals which Chase Card Funding would have to obtain to do business in any state in which Chase Card Funding seeks to
enforce any Collateral Certificate or any Receivable. 
 (c) Due Authorization. The execution and delivery of this Agreement by Chase
Card Funding and the consummation by Chase Card Funding of the transactions provided for in this Agreement have been duly authorized by Chase Card Funding by all necessary corporate or other action on the part of Chase Card Funding and this
Agreement will remain, from the time of its execution, an official record of Chase Card Funding. 
 (d) No Conflict. The execution
and delivery by Chase Card Funding of this Agreement and the performance of the transactions contemplated by this Agreement and the fulfillment of the terms hereof applicable to Chase Card Funding, will not conflict with, result in any breach of any
of the material terms and provisions of, or constitute (with or without notice or lapse of time or both) a material default under, any indenture, contract, agreement, mortgage, deed of trust or other instrument to which Chase Card Funding is a party
or by which it or its properties are bound. 
 (e) No Proceedings. There are no proceedings or investigations, pending or, to the
best knowledge of Chase Card Funding, threatened against Chase Card Funding before any Governmental Authority (i) asserting the invalidity of this Agreement, (ii) seeking to prevent the consummation of any of the transactions contemplated
by this Agreement, (iii) seeking any determination or ruling that, in the reasonable judgment of Chase Card Funding, would materially and adversely affect the performance by Chase Card Funding of its obligations under this Agreement,
(iv) seeking any determination or ruling that would materially and adversely affect the validity or enforceability of this Agreement or (v) seeking to affect adversely the income tax attributes of Chase USA under the United States federal
or any state income tax systems. 

  
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 (f) All Consents. All appraisals, authorizations, consents, orders or other actions of
any Person or of any Governmental Authority required in connection with the execution and delivery by Chase Card Funding of this Agreement and the performance of the transactions contemplated by this Agreement by Chase Card Funding have been duly
obtained, effected or given and are in full force and effect. 
 (g) No Violation. The execution and delivery of this Agreement, the
performance of the transactions contemplated by this Agreement, and the fulfillment of the terms hereof will not conflict with or violate any Requirements of Law applicable to Chase Card Funding. 

Section 2.06. Transfer of Ineligible Receivables and Ineligible Collateral Certificates. 

(a) Automatic Removal. With respect to Receivables or Collateral Certificates, in the event that: 

(i) any representation or warranty contained in subsection 2.04(a)(v) is not accurate in any material respect as of the date
specified therein, or in the event that a Receivable is not an Eligible Receivable or a Collateral Certificate is not an Eligible Collateral Certificate; or 

(ii) with respect to Receivables, Chase USA has taken an action which causes a Receivable to be deemed to be an
“instrument” (as defined in the UCC) in contravention of the provisions of subsection 2.08(a); 
 and as a result of such breach, or as a result
of a breach specified in subsection 2.05(a) of the Transfer and Servicing Agreement, Chase Card Funding is required under subsection 2.05(a) of the Transfer and Servicing Agreement to accept reassignment of such Receivable or Collateral Certificate,
then Chase USA shall accept reassignment of all applicable Receivables or of the applicable Collateral Certificate on the terms and conditions set forth in subsection 2.06(c). 

(b) Removal After Cure Period. In the event any representation or warranty contained in subsection 2.04(a)(iv), (vi), (vii), (ix), (x),
(xi), (xii), (xiii), (xiv), (xv) or (xvi) is not accurate in any material respect as of the date specified therein with respect to (x) any Collateral Certificate and such breach has a material adverse effect on the Collateral
Certificate such that Chase Card Funding’s rights in, to or under such Collateral Certificate or its proceeds are impaired or the proceeds of such Collateral Certificate are not available for any reason to Chase Card Funding or (y) any
Receivable or the related Account and such breach has a material adverse effect on the Receivable such that as a result of the breach the Receivable is charged off as uncollectible, Chase Card Funding’s rights in, to or under such Receivable or
its proceeds are impaired or the proceeds of such Receivable are not available for any reason to Chase Card Funding, or if Chase Card Funding is required to accept reassignment of an Ineligible Collateral Certificate or Ineligible Receivable in
accordance with subsection 2.05(b) of the Transfer and 

  
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Servicing Agreement then, unless cured within the period determined pursuant to subsection 2.05(b) of the Transfer and Servicing Agreement, Chase USA shall accept reassignment of the
Ineligible Collateral Certificate or of the Ineligible Receivable, as the case may be, on the terms and conditions set forth in subsection 2.06(c). 

(c) Procedures for Removal. When the provisions of subsection 2.06(a) or (b) require (i) removal of a Collateral Certificate
to Chase USA, Chase Card Funding shall deliver such Collateral Certificate (such Collateral Certificate, an “Ineligible Collateral Certificate”) to Chase USA with a valid assignment in the name of Chase USA for cancellation by Chase
USA or (ii) removal of a Receivable, Chase USA shall accept reassignment of such Receivable (each such Receivable, an “Ineligible Receivable”) and shall pay for such reassigned Collateral Certificate or Receivable by paying to
Chase Card Funding an amount equal to the unpaid balance of such Collateral Certificate or Receivable in accordance with Section 3.02. 

Upon reassignment of any Ineligible Collateral Certificate or Ineligible Receivable, Chase Card Funding shall automatically and without
further action be deemed to transfer, assign, set-over and otherwise convey to Chase USA or its designee, without recourse, representation or warranty, all the right, title and interest of Chase Card Funding in and to such Ineligible Collateral
Certificate or Ineligible Receivable, all Interchange and Recoveries related to any such Receivable, all monies and amounts due or to become due and all proceeds thereof and such reassigned Ineligible Collateral Certificate or Ineligible Receivable
shall be treated by Chase Card Funding as collected in full as of the date on which it was transferred. The obligation of Chase USA to accept reassignment of any such Ineligible Collateral Certificate or Ineligible Receivable, and to make the
payment as provided in this subsection 2.06(c), shall constitute the sole remedy respecting the event giving rise to such obligation available to Chase Card Funding. Chase Card Funding shall execute such documents and instruments of transfer or
reassignment and take such other actions as shall reasonably be requested and provided by Chase USA to effect the conveyance of such Ineligible Collateral Certificate or Ineligible Receivable pursuant to this subsection 2.06(c), but only upon
receipt of an Officer’s Certificate from Chase USA that states that all conditions set forth in Section 2.05 of the Transfer and Servicing Agreement have been satisfied. 

Section 2.07. Reassignment of Collateral. In the event any representation or warranty of Chase USA set forth in subsection 2.03(a)
or (c) or subsection 2.04(a)(i), (ii), (iii) or (viii) is not accurate in any material respect and such breach has a material adverse effect on the Receivables designated for inclusion in Asset Pool One or a particular Collateral
Certificate transferred to Chase Card Funding by Chase USA and designated for inclusion in Asset Pool One or the availability of the proceeds thereof to Chase Card Funding and Chase Card Funding shall have been directed to accept reassignment of
such Receivables and/or any such Collateral Certificate pursuant to Section 2.06 of the Transfer and Servicing Agreement then, Chase Card Funding shall direct Chase USA to accept a reassignment of such Receivables and/or any such Collateral
Certificate, and pursuant to Section 2.06, Chase USA shall be obligated to accept such reassignment on the terms set forth herein; Chase USA shall pay to Chase Card Funding an amount for such reassigned Receivables or Collateral Certificate
equal to the unpaid principal amount of such Receivables or Collateral Certificate in accordance with Section 3.02. 

  
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 Upon reassignment of the affected Receivables or any affected Collateral Certificate, Chase Card
Funding shall automatically and without further action be deemed to transfer, assign, set over and otherwise convey to Chase USA, without recourse, representation or warranty, all the right, title and interest of Chase Card Funding in and to the
affected Receivables and the affected Collateral Certificates, all Interchange and Recoveries allocable to such Receivables, all monies due or to become due and all amounts received or receivable with respect thereto, all Collections, and all
proceeds (including, without limitation, “proceeds” as defined in the UCC) thereof. Chase Card Funding shall execute such documents and instruments of transfer or assignment and take such other actions as shall reasonably be requested by
Chase USA to effect the conveyance of such Receivables or Collateral Certificate and other property pursuant to this Section. 

Section 2.08. Covenants of Chase USA. Chase USA hereby covenants that: 

(a) Receivables Not To Be Evidenced by Promissory Notes. Except in connection with its enforcement or collection of an Account, Chase
USA will take no action to cause any Receivable conveyed by it to Chase Card Funding to be evidenced by any instrument (as defined in the UCC) and if any such Receivable is so evidenced it shall be deemed to be an Ineligible Receivable in accordance
with subsection 2.06(a) and shall be reassigned to Chase USA in accordance with subsection 2.06(c). Each Receivable shall be payable pursuant to a contract which does not create a Lien on any goods purchased thereunder. Chase USA will take no action
to cause any Receivable to be anything other than an “account” (as defined in the UCC). 
 (b) Security Interests. Except
for the conveyances hereunder, Chase USA will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on, any Receivable or Collateral Certificate conveyed by it to Chase Card Funding,
whether now existing or hereafter created, or any interest therein; Chase USA will immediately notify Chase Card Funding of the existence of any Lien on any Receivable or Collateral Certificate; and Chase USA shall defend the right, title and
interest of Chase Card Funding in, to and under the Receivables and any Collateral Certificate, whether now existing or hereafter created, against all claims of third parties claiming through or under Chase USA; provided, however, that nothing in
this subsection 2.08(b) shall prevent or be deemed to prohibit Chase USA from suffering to exist upon any of the Receivables any Liens for municipal or other local taxes if such taxes shall not at the time be due and payable or if Chase USA shall
currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto. 

(c) Delivery of Collections. In the event that Chase USA receives Collections, Chase USA agrees to pay the Servicer all such
Collections as soon as practicable after receipt thereof. 
 (d) Notice of Liens. Chase USA shall notify Chase Card Funding promptly
after becoming aware of any Lien on any Receivable or Collateral Certificate conveyed by it to Chase Card Funding other than the conveyances hereunder. 

  
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 (e) Credit Card Agreements and Guidelines. Chase USA, as Account Owner, shall comply with
and perform its obligations under the Credit Card Agreements relating to the Accounts and the Credit Card Guidelines and all applicable rules and regulations of the bankcard payment networks or other similar payment systems except insofar as any
failure to comply or perform would not materially and adversely affect the rights of Chase Card Funding or the Noteholders; provided, however, Chase USA may change the terms and provisions of the applicable Credit Card Agreements or the applicable
Credit Card Guidelines in any respect (including the reduction of the required minimum monthly payment, the calculation of the amount, or the timing, of charge-offs and the Periodic Finance Charges and other fees to be assessed thereon) only if such
change (i) would not, in the reasonable belief of Chase USA, cause an Early Amortization Event or Event of Default to occur, and (ii) is made applicable to any comparable segment of the revolving credit card accounts owned by Chase USA
which have characteristics the same as, or substantially similar to, the Accounts that are the subject of such change, except as otherwise restricted by an endorsement, sponsorship, or other agreement between Chase USA and an unrelated third party
or by the terms of the Credit Card Agreements. 
 Section 2.09. Increases in the Invested Amount of an Existing Collateral
Certificate. The Invested Amount of any Collateral Certificate conveyed to Chase Card Funding by Chase USA may be increased by Chase USA on any Business Day pursuant to the terms and conditions set forth in Section 2.11 of the Transfer and
Servicing Agreement. 
 Section 2.10. Addition of Collateral. 

(a) Required Additions. 

(i) If, from time to time, Chase Card Funding becomes obligated to designate Additional Accounts or Additional Collateral
Certificates pursuant to subsection 2.12(a)(i) of the Transfer and Servicing Agreement, then Chase Card Funding may, at its option, give Chase USA written notice thereof on or before the third
(3rd) Business Day prior to the Addition Date therefor, and, upon receipt of such notice, Chase USA shall on or before the Addition Date, (1) designate Receivables in additional Accounts
to be transferred to Chase Card Funding (each, an “Additional Account”), (2) designate one or more additional Collateral Certificates to be transferred to Chase Card Funding (each, an “Additional Collateral
Certificate”) or (3) increase the Invested Amount of one or more Collateral Certificates previously conveyed to Chase Card Funding. 

(ii) Any Receivables in Additional Accounts or Additional Collateral Certificates designated to be included as Chase Card
Funding Assets pursuant to clause (i) above may only be so included if the applicable conditions specified in subsection (c) below have been satisfied. 

(b) Permitted Additions. 

(i) If, from time to time, Chase Card Funding elects to designate Additional Accounts and/or Additional Collateral Certificates
pursuant to subsection 2.12(b) of the Transfer and Servicing Agreement, then Chase Card 

  
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Funding may, at its option, give Chase USA written notice thereof on or before the fifth (5th) Business Day prior to the Addition Date
therefor, and upon receipt of such notice Chase USA may, but shall not be obligated to, (x) designate from time to time Receivables in Additional Accounts to be included as Chase Card Funding Assets, and/or Additional Collateral Certificates to
be included as Chase Card Funding Assets and (y) increase the Invested Amount of a Collateral Certificate previously conveyed to Chase Card Funding. Such additional Collateral shall be transferred to Chase Card Funding on the Addition Date or
the Increase Date, as applicable. 
 (ii) On any Business Day, consideration in the form of cash will be applied in
connection with any increase in the Chase Card Funding Assets pursuant to Section 2.09 or this Section 2.10, as applicable. 

(c) Conditions to Additions. On each Addition Date with respect to any Additional Accounts and/or Additional Collateral Certificates,
the applicable Receivables in Additional Accounts (and such Additional Accounts shall be deemed to be Accounts for purposes of this Agreement) or the applicable Additional Collateral Certificates existing as of the close of business on the
applicable Addition Date shall be designated as additional Chase Card Funding Assets, subject to the satisfaction of the following conditions (which shall not apply with respect to any increase in the Invested Amount of any Collateral Certificate
previously conveyed to Chase Card Funding except as specified in clause (i) below): 
 (i) on or before the third (3rd) Business Day prior to the Addition Date or the Increase Date with respect to additions or increases pursuant to subsection 2.10(a) and on or before the fifth (5th) Business Day prior to the Addition Date with respect to additions pursuant to subsection 2.10(b) (the “Notice Date”), Chase USA shall have delivered to Chase Card Funding
written notice (unless such notice requirement is otherwise waived) that the Additional Accounts and/or Additional Collateral Certificates will be included in the Chase Card Funding Assets or an increased Invested Amount of a Collateral Certificate
previously conveyed to Chase Card Funding will be included in the Chase Card Funding Assets (the latter notice requirement shall only apply to increases made pursuant to subsection 2.10(a); provided, however, that notice shall be delivered to Chase
Card Funding in connection with any increase in the Invested Amount of a Collateral Certificate previously conveyed to Chase Card Funding on or prior to the relevant Increase Date), which notice shall specify, as applicable, (x) the approximate
aggregate amount of the Principal Receivables to be conveyed, (y) the Invested Amount of the Collateral Certificates to be conveyed or (z) the amount by which the Invested Amount of a Collateral Certificate previously conveyed to Chase
Card Funding is to be increased, as well as the applicable Addition Date or Increase Date and, in connection with the Additional Accounts, the Addition Cut-Off Date; 

(ii) Chase USA shall represent and warrant as of the applicable Addition Cut-Off Date, each Additional Account is an Eligible
Account; 

  
 29 

 (iii) Chase USA shall represent and warrant as of the applicable Addition Date,
each Additional Collateral Certificate is an Eligible Collateral Certificate; 
 (iv) on or before the Addition Date with
respect to Additional Accounts and the Receivables arising thereunder, Chase USA shall have delivered to Chase Card Funding a written assignment in substantially the form of Exhibit A-2 (the “Account Assignment”) and, within
five (5) Business Days after the Addition Date, or as otherwise agreed between Chase USA and Chase Card Funding, Chase USA shall have delivered to Chase Card Funding, or shall maintain on behalf of Chase Card Funding pursuant to
Section 3.08, an accurate list, based on the computer records of Chase USA (in the form of a computer file, microfiche list, CD-ROM or such other form as is agreed upon between Chase USA and Chase Card Funding) of all Additional Accounts
designated by such Account Assignment, identified by account reference number and the aggregate amount of the Receivables in each Additional Account as of the Addition Cut-Off Date, which list shall, as of such Addition Date, modify and amend and be
incorporated into and made a part of such Account Assignment and this Agreement and shall supplement Schedule 2 to this Agreement; 

(v) on or before the Addition Date with respect to Additional Collateral Certificates, Chase USA shall have delivered to Chase
Card Funding a written assignment in substantially the form of Exhibit A-1 (the “Collateral Certificate Assignment”) and each Collateral Certificate shall be registered in the name of Chase Card Funding; 

(vi) as of each of the Addition Cut-Off Date and the Addition Date, no Insolvency Event with respect to the Account Owner, as
applicable, or Chase USA shall have occurred nor shall the transfer to Chase Card Funding of the Receivables arising in the Additional Accounts or of the Additional Collateral Certificate have been made in contemplation of the occurrence thereof;

 (vii) (A) the acquisition by Chase Card Funding of the Receivables arising in the Additional Accounts or of the
Additional Collateral Certificate, (B) the conveyance of such Receivables by Chase Card Funding to the Trust and (C) the pledge of such Receivables or Additional Collateral Certificate by the Trust to the Indenture Trustee, shall not, in
the reasonable belief of Chase USA, result in an Adverse Effect under the Indenture; and 
 (viii) as of (A) the
Addition Cut-Off Date, the Assignment constitutes a valid sale, transfer and assignment to Chase Card Funding of all right, title and interest, whether owned on the Addition Cut-Off Date or thereafter acquired, of Chase USA in and to the Receivables
existing on the Addition Cut-Off Date or thereafter created in the Additional Accounts, all Interchange and Recoveries related thereto, all monies due or to become due and all amounts received or receivable with respect thereto and the
“proceeds” (including “proceeds” as defined in the applicable UCC) thereof, or, if the Assignment does 

  
 30 

 
not constitute a sale of such property, it constitutes a grant of a “security interest” (as defined in the applicable UCC) in such property to Chase Card Funding, which, in the case of
existing Receivables and the proceeds thereof, is enforceable upon execution and delivery of the Assignment, and which will be enforceable with respect to such Receivables hereafter created and the proceeds thereof upon such creation or (B) the
Addition Date in connection with an Additional Collateral Certificate, the Assignment constitutes either (x) a valid sale, transfer and assignment to Chase Card Funding of all right, title and interest of Chase USA in and to the Additional
Collateral Certificate designated on the Addition Date and such Additional Collateral Certificate will be held by Chase Card Funding, free and clear of any Lien of any Person claiming through or under Chase USA or any of its Affiliates, or
(y) a valid transfer for security of all of Chase USA’s right, title and interest in such Additional Collateral Certificate to Chase Card Funding, which is enforceable upon execution and delivery of the Assignment. Upon the filing of all
such appropriate financing statements, Chase Card Funding shall have a first priority perfected security or ownership interest in such property and proceeds; and 

(ix) Chase USA shall have delivered to Chase Card Funding an Officer’s Certificate, dated the Addition Date, confirming,
to the extent applicable, the items set forth in clauses (ii) through (viii) above. 
 Section 2.11. Removal of
Accounts. 
 (a) Subject to the conditions set forth below, if, from time to time, Chase Card Funding elects to designate Receivables
from certain Accounts (the “Removed Accounts”) for removal from the Trust, then Chase USA may, but shall not be obligated to, designate such Receivables from the Removed Accounts for reassignment from Chase Card Funding. 

(b) Chase USA shall be permitted to designate and require reassignment to it of Receivables from Removed Accounts only upon satisfaction of
the following conditions: 
 (i) all of the requirements for the removal of Accounts under the Transfer and Servicing
Agreement and the Asset Pool One Supplement have been satisfied; and 
 (ii) on or prior to the Removal Date, Chase USA shall
have delivered to Chase Card Funding for execution, a written assignment in substantially the form of Exhibit B (the “Reassignment”) and Chase USA shall have, within five (5) Business Days after the Removal Date, or as
otherwise agreed upon between Chase USA and Chase Card Funding, delivered to Chase Card Funding, or maintained on behalf of Chase Card Funding pursuant to Section 3.08, an accurate list, based on the computer records of Chase USA (in the form
of a computer file, microfiche list, CD-ROM or such other form as is agreed upon between Chase USA and Chase Card Funding) of all Removed Accounts designated by such Reassignment, identified by account reference number and the aggregate amount of
Receivables outstanding in each Removed Account as of the Removal Cut-Off Date, which list shall, as of the Removal Date, modify and amend and be incorporated into and made a part of this Agreement. 

  
 31 

 Upon satisfaction of the above conditions, Chase Card Funding shall execute and deliver the
Reassignment to Chase USA, and the Receivables from the Removed Accounts shall no longer constitute a part of the Chase Card Funding Assets. 

Section 2.12. Account Allocations. In the event that Chase USA is unable for any reason to transfer Receivables to Chase Card
Funding in accordance with the provisions of this Agreement (including by reason of the application of the provisions of Section 5.01 or any order of any Governmental Authority (a “Transfer Restriction Event”)), then, in any
such event, Chase USA agrees (except as prohibited by any such order) to allocate and pay to Chase Card Funding, after the date of such inability, all Collections, including Collections of Principal Receivables and Finance Charge Receivables
transferred to Chase Card Funding prior to the occurrence of such event, and all amounts which would have constituted Collections with respect to Principal Receivables and Finance Charge Receivables but for Chase USA’s inability to transfer
such Receivables (up to the lesser of the amount of such insufficiency or an aggregate amount equal to the amount of Principal Receivables and Finance Charge Receivables in Chase Card Funding on such date transferred to Chase Card Funding by Chase
USA). For the purpose of the immediately preceding sentence, Chase USA shall treat the first received Collections with respect to the Accounts as allocable to Chase Card Funding until Chase Card Funding shall have been allocated and paid Collections
in an amount equal to the aggregate amount of Principal Receivables transferred to Chase Card Funding as of the date of the occurrence of such event. If Chase USA is unable pursuant to any Requirements of Law to allocate Collections as described
above, Chase USA agrees that, after the occurrence of such event, payments on each Account with respect to the principal balance of such Account shall be allocated first to the oldest principal balance of such Account. The parties hereto agree that
Finance Charge Receivables, whenever created, accrued in respect of Principal Receivables which have been conveyed to Chase Card Funding, or that would have been conveyed to Chase Card Funding but for the above described inability to transfer such
Receivables, shall continue to be a part of Chase Card Funding notwithstanding any cessation of the transfer of additional Principal Receivables to Chase Card Funding and Collections with respect thereto shall continue to be allocated and paid in
accordance with the terms of this Agreement. 
 [END OF ARTICLE II] 

  
 32 

 ARTICLE III 

CONSIDERATION AND PAYMENT 

Section 3.01. Purchase Price. 

(a) The “Purchase Price” for the Receivables in the Accounts (including Receivables in Additional Accounts), Additional
Collateral Certificates or the increase of the Invested Amount of a Collateral Certificate and the related Chase Card Funding Assets conveyed to Chase Card Funding under this Agreement which come into existence or are conveyed to Chase Card Funding
on and after the Closing Date (i) shall be payable on a date (the “Purchase Price Payment Post Date”) mutually agreed to by Chase USA and Chase Card Funding, but no later than the Note Transfer Date following the calendar month
in which such Receivables, Additional Collateral Certificate or increase in a Collateral Certificate and the related Chase Card Funding Assets are conveyed by Chase USA to Chase Card Funding and (ii) shall be an amount equal to 100% of the
aggregate balance of the Principal Receivables so conveyed or the outstanding principal balance of the Additional Collateral Certificate or the principal balance of the increase in the Invested Amount of an existing Collateral Certificate, as may be
adjusted to reflect such factors as Chase USA and Chase Card Funding mutually agree will result in a Purchase Price determined to be the fair market value of such Receivables, Additional Collateral Certificate or increase in a Collateral Certificate
and the related Chase Card Funding Assets. 
 (b) The Purchase Price to be paid by Chase Card Funding shall be paid (i) in cash,
(ii) with the consent of Chase Card Funding, by means of capital contributed by Chase USA to Chase Card Funding in the form of a contribution of the Receivables, Additional Collateral Certificate or increase in a Collateral Certificate,
(iii) with the consent of Chase USA, by issuance to Chase USA of the Subordinated Note or by increase in the amount outstanding thereunder, or (iv) any combination of the foregoing, in each case in accordance with Section 3.03. 

(c) Notwithstanding any other provision of this Agreement, Chase USA shall not be obligated to continue to sell Receivables or Additional
Collateral Certificates or to increase the Investor Amount of an existing Collateral Certificate or to convey other Chase Card Funding Assets to Chase Card Funding to the extent that Chase USA is not paid the Purchase Price therefor as provided
herein. 
 Section 3.02. Adjustments to Purchase Price. The Purchase Price shall be reduced on each Purchase Price Payment Date
(a “Purchase Price Adjustment”) with respect to any Receivable conveyed to Chase Card Funding by Chase USA with respect to which during the preceding Monthly Period (a) Chase USA was obligated to accept reassignment pursuant to
Section 2.06 or Section 2.07 and (b) any Credit Adjustment was made pursuant to subsection 3.06 of the Transfer and Servicing Agreement. Chase USA agrees that on the Purchase Price Payment Date, Chase USA shall pay or cause to be paid
to Chase Card Funding an amount equal to the greater of (i) the amount by which the Purchase Price Adjustment exceeds the unadjusted Purchase Price and (ii) the amount of any Adjustment Payment required to be paid by Chase Card Funding
pursuant to Section 3.06. 

  
 33 

 Section 3.03. Settlement and Ongoing Payment of Purchase Price. Prior to each
Purchase Price Payment Date, Chase USA shall deliver a settlement statement (the “Settlement Statement”) to Chase Card Funding, showing (a) the aggregate Purchase Price of Receivables, Additional Collateral Certificates or
increases in the invested amount of Collateral Certificates conveyed to Chase Card Funding during the prior Monthly Period, (b) the amount of Purchase Price Adjustments made with respect to such prior Monthly Period pursuant to
Section 3.02, including any adjustment to the Purchase Price with respect to such period pursuant to Section 2.06 and (c) the portion thereof paid in cash, the portion represented by an increase in the Subordinated Note and the
portion represented by a capital contribution pursuant to subsection 3.01(b). To the extent that Chase Card Funding elects to remit to Chase USA an amount greater than the Purchase Price of such Receivables, net of any Purchase Price Adjustment,
Chase USA shall first apply such amount to the payment of the unpaid principal of the Subordinated Note, if any. If, after giving effect to any such payment in respect of the Subordinated Note, Chase USA has received an amount greater than the
Purchase Price, net of any Purchase Price Adjustment, Chase USA shall retain such amounts and, at the option of Chase Card Funding (x) issue its note to Chase Card Funding with terms substantially similar to the terms of the Subordinated Note
or (y) subject to applicable legal restrictions and internal approvals, elect to treat such amounts as a dividend or return of capital to Chase USA. Subject to the conditions set forth in Section 17 of the LLC Agreement, Chase Card Funding
may distribute to Chase USA available cash that has not been reserved for the payment of the Purchase Price and other expenses and liabilities of Chase Card Funding at the times determined by Chase Card Funding in its sole discretion. 

Section 3.04. Use of Name, Logo and Marks. Chase USA does hereby grant to Chase Card Funding a non-exclusive license to use the
name “Chase Bank USA, National Association” and all related identifying trade or service marks, signs, symbols, logos, designs, servicing software, customer lists and other intangibles in connection with the servicing of the Receivables
purchased hereunder. The license granted shall be co-extensive with the term of the Agreement. 
 Section 3.05. Transfer of
Defaulted Accounts. Unless otherwise provided in the Transfer and Servicing Agreement, in consideration of receiving Recoveries as provided in subsection 3.07(a), on the date on which an Account becomes a Defaulted Account, Chase Card Funding
shall automatically and without further action or consideration be deemed to transfer, set over, and otherwise convey to Chase USA, without recourse, representation, or warranty, all the right, title and interest of Chase Card Funding in and to the
Receivables in such Defaulted Account, all monies due or to become due with respect thereto, all proceeds thereof allocable to Chase Card Funding with respect to such Receivables, excluding Recoveries relating thereto, which shall remain a Chase
Card Funding Asset. 
 Section 3.06. Adjustments for Miscellaneous Credits and Fraudulent Charges. The Servicer shall be
obligated to reduce on a net basis for each Monthly Period the aggregate amount of Principal Receivables (a “Credit Adjustment”) with respect to any Principal Receivable (a) which was created in respect of merchandise refused
or returned by the Obligor thereunder or as to which the Obligor thereunder has asserted a counterclaim or defense, (b) which is reduced by the Servicer by any rebate, refund, charge-back or adjustment (including Servicer errors) or
(c) which was created as a result of a fraudulent or counterfeit charge. 

  
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 Section 3.07. Recoveries and Interchange. 

(a) Recoveries. On or prior to the third Business Day following the end of each Monthly Period, Chase USA shall notify Chase Card
Funding of the amount of Recoveries, in respect of Defaulted Accounts, to be included as Collections with respect to the preceding Monthly Period. On the First Note Transfer Date following the applicable Monthly Period, Chase USA, as Servicer, shall
deposit into the Collection Account, in immediately available funds, the amount of Recoveries, in respect of Defaulted Accounts, to be so included as Collections with respect to the preceding Monthly Period; provided, however, that
such deposit needs to be made only to the extent that such funds are required to be retained in the applicable Bank Accounts for the benefit of any Series, Class or Tranche of Notes pursuant to the provisions of Article III of the Transfer and
Servicing Agreement, the Asset Pool One Supplement or the related Indenture Supplement provided that any such amount that is not so deposited shall be paid to Chase Card Funding. 

(b) Interchange. On or prior to the third Business Day following the end of each Monthly Period, each Account Owner shall notify the
Servicer and Chase Card Funding of the Interchange Amount, if any, which is required to be included as Finance Charge Collections with respect to the preceding Monthly Period. On the First Note Transfer Date following the applicable Monthly Period,
each Account Owner shall pay to the Servicer and the Servicer shall deposit into the Collection Account, in immediately available funds, the Interchange Amount to be so included as Finance Charge Collections with respect to the preceding Monthly
Period; provided, however, that such deposit needs to be made only to the extent that such funds are required to be retained in the applicable Bank Accounts for the benefit of any Series, Class or Tranche of Notes pursuant to the
provisions of Article III of the Transfer and Servicing Agreement, the Asset Pool One Supplement or the related Indenture Supplement and any such amount that is not so deposited shall be paid to Chase Card Funding. 

Section 3.08. Computer Files and Records. Chase USA agrees to maintain the computer files and other records of the Accounts and
Receivables arising in the Accounts on behalf of Chase Card Funding in a manner consistent with the provisions in this Agreement and the Transfer and Servicing Agreement. With respect to such maintenance of the computer files and other records on
behalf of Chase Card Funding, Chase Card Funding acknowledges and agrees that Chase USA is acting solely in the capacity of an arm’s length contractual counterparty in consideration of the mutual terms and conditions contained in this
Agreement, the receipt and sufficiency of which are evidenced by the execution of this Agreement by each of Chase Card Funding and Chase USA. 

[END OF ARTICLE III] 

  
 35 

 ARTICLE IV 

LIABILITY OF CHASE USA 

Section 4.01. Liability of Chase USA. Chase USA shall be liable for all its obligations, covenants, representations and warranties
arising under or related to this Agreement. Except as provided in the preceding sentence, Chase USA shall be liable only to the extent of the obligations specifically undertaken by it pursuant to this Agreement. 

Section 4.02. Merger or Consolidation of, or Assumption of the Obligations of, Chase USA. 

(a) Chase USA shall not dissolve, liquidate, consolidate with or merge into any other Person or convey, transfer or sell its properties and
assets substantially as an entirety to any Person unless: 
 (i) the Person formed by such consolidation or into which Chase
USA is merged or the Person which acquires by conveyance, transfer or sale the properties and assets of Chase USA substantially as an entirety shall be, if Chase USA is not the surviving entity, organized and existing under the laws of the United
States of America or any state thereof or the District of Columbia, and shall be a savings association, a national banking association, a bank or other entity which is not eligible to be a debtor in a case under Title 11 of the United States Code or
is a special purpose entity whose powers and activities are limited and, if Chase USA is not the surviving entity, shall expressly assume, by an agreement supplemental hereto, executed and delivered to Chase Card Funding, the performance of every
covenant and obligation of Chase USA hereunder and shall benefit from all the rights granted to Chase USA hereunder; and 

(ii) to the extent that any right, covenant or obligation of Chase USA hereunder is inapplicable to the successor entity, such
successor entity shall be subject to such covenant or obligation, or benefit from such right, as would apply, to the extent practicable, to such successor entity. 

(b) The rights, obligations or any part thereof of Chase USA hereunder shall not be assignable nor shall any Person succeed to such
obligations or rights of Chase USA hereunder except (i) for conveyances, mergers, consolidations, assumptions, sales or transfers in accordance with the provisions of subsection 4.02(a)(i) and (ii) for conveyances, mergers, consolidations,
assumptions, sales or transfers with, into or to other entities (x) which Chase USA and the Servicer determine will not result in an Adverse Effect, (y) which meet the requirements of subsection 4.02(a)(ii) and (z) for which such
purchaser, transferee, pledgee or entity shall expressly assume, in an agreement supplemental hereto, executed and delivered to Chase Card Funding, the performance of every covenant and obligation of Chase USA thereby conveyed. 

  
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 Section 4.03. Limitations on Liability of Chase USA. Subject to Section 4.01,
none of Chase USA nor any of the directors, officers, members, managers, employees, incorporators or agents, as applicable, of Chase USA acting in such capacities shall be under any liability to Chase Card Funding or any other Person for any action
taken, or for refraining from the taking of any action, in good faith in such capacities pursuant to this Agreement, it being expressly understood that all such liability is expressly waived and released as a condition of, and consideration for, the
execution of this Agreement; provided, however, that this provision shall not protect Chase USA, any director, officer, member, manager, employee, incorporator or agent of Chase USA against any liability which would otherwise be imposed by reason of
willful misfeasance, bad faith or gross negligence in the performance of duties or by reason of reckless disregard of obligations and duties hereunder. Chase USA and, any director, officer, member, manager, employee, incorporator or agent of Chase
USA may rely in good faith on any document of any kind prima facie properly executed and submitted by any Person (other than Chase USA) respecting any matters arising hereunder. 

[END OF ARTICLE IV] 

  
 37 

 ARTICLE V 

INSOLVENCY EVENTS 

Section 5.01. Rights upon the Occurrence of an Insolvency Event. If Chase USA shall consent to the appointment of a bankruptcy
trustee or conservator or receiver or liquidator for the winding-up or liquidation of its affairs, or a decree or order of a court or agency or supervisory authority having jurisdiction in the premises for the appointment of a bankruptcy trustee or
conservator or receiver or liquidator for the winding-up or liquidation of its affairs shall have been entered against Chase USA (an “Insolvency Event”), Chase USA shall on the day of such Insolvency Event (the “Appointment
Day”) immediately cease to (a) transfer Principal Receivables or additional Collateral Certificates to Chase Card Funding and (b) increase any Invested Amount of a Collateral Certificate transferred to Chase Card Funding and shall
promptly give notice to Chase Card Funding, the Owner Trustee, the Indenture Trustee and the Collateral Agent of such Insolvency Event. Notwithstanding any cessation of the transfer to Chase Card Funding of additional Principal Receivables, Finance
Charge Receivables, whenever created, accrued in respect of Principal Receivables which have been transferred to Chase Card Funding shall continue to be a part of assets of Chase Card Funding, and Collections with respect thereto shall continue to
be allocated to Chase Card Funding hereunder. 
 [END OF ARTICLE V] 

  
 38 

 ARTICLE VI 

TERMINATION 

Section 6.01. Termination of Agreement. This Agreement and the respective obligations and responsibilities of Chase USA and Chase
Card Funding under this Agreement shall terminate on the Chase Card Funding Termination Date or by mutual agreement of the parties. 
 [END
OF ARTICLE VI] 

  
 39 

 ARTICLE VII 

MISCELLANEOUS PROVISIONS 

Section 7.01. Amendment; Waiver of Past Defaults. 

(a) This Agreement may be amended from time to time by Chase USA and Chase Card Funding, by a written instrument signed by each of them. Any
amendments regarding the addition or removal of Collateral Certificates or Receivables to or from Chase Card Funding as provided in Section 2.10 and Section 2.11, executed in accordance with the provisions hereof, shall be considered
amendments to this Agreement. 
 Section 7.02. Protection of Right, Title and Interest in and to Chase Card Funding Assets. 

(a) Chase USA shall cause this Agreement, all amendments and supplements hereto and all financing statements and continuation statements and
any other necessary documents covering Chase Card Funding’s right, title and interest in and to the Chase Card Funding Assets to be promptly recorded, registered and filed, and at all times to be kept recorded, registered and filed, all in such
manner and in such places as may be required by law fully to preserve and protect the right, title and interest of Chase Card Funding hereunder in and to all property comprising the Chase Card Funding Assets. Chase USA shall deliver to Chase Card
Funding, or shall maintain on behalf of Chase Card Funding pursuant to Section 3.08, file-stamped copies of, or filing receipts for, any document recorded, registered or filed as provided above, as soon as available following such recording,
registration or filing. Chase USA shall cooperate fully with Chase Card Funding in connection with the obligations set forth above and will execute any and all documents reasonably required to fulfill the intent of this paragraph. 

(b) Within 30 days after Chase USA makes any change in its name, identity or corporate structure which would make any financing statement or
continuation statement filed in accordance with paragraph (a) seriously misleading within the meaning of Section 9-506 (or any comparable provision) of the UCC, Chase USA shall give Chase Card Funding notice of any such change and shall
file such financing statements or amendments as may be necessary to continue the perfection of Chase Card Funding’s security interest or ownership interest in the Receivables and Collateral Certificates and the proceeds thereof. 

(c) Chase USA shall give Chase Card Funding prompt written notice of any relocation of its chief executive office or any change in the
jurisdiction under whose laws it is organized, provided, that, as a result of such relocation or change, the applicable provisions of the UCC would require the filing of any amendment of any previously filed financing or continuation statement or of
any new financing statement. If so required, Chase USA shall file such financing statements or amendments as may be necessary to perfect or to continue the perfection of Chase Card Funding’s security interest in each Collateral Certificate and
the Receivables and the proceeds thereof. Chase USA shall at all times maintain its chief executive offices within the United States and shall at all times be organized under the laws of a jurisdiction located within the United States. 

  
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 (d) Chase USA shall deliver to Chase Card Funding (i) upon the execution and delivery of
each amendment of this Agreement, an Opinion of Counsel to the effect specified in Exhibit C-1; (ii) on each date specified in subsection 2.10(c) with respect to the addition of Additional Accounts to be designated as Accounts, an Opinion of
Counsel substantially in the form of Exhibit C-2; (iii) on each Addition Date on which any Collateral Certificates are to be included in the Trust pursuant to subsection 2.10(a) or (b), an Opinion of Counsel covering the same substantive legal
issues addressed by Exhibits C-1 and C-2, but conformed to the extent appropriate to relate to Collateral Certificates; and (iv) on or before April 30 of each year, an Opinion of Counsel substantially in the form of Exhibit C-3. 

Section 7.03. GOVERNING LAW. THIS AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE, WITHOUT
REFERENCE TO ITS CONFLICT OF LAW PROVISIONS, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 

Section 7.04. Notices. All demands, notices, instructions, directions and communications (collectively,
“Notices”) under this Agreement shall be in writing and shall be deemed to have been duly given if personally delivered at, mailed by registered mail, return receipt requested, or sent by facsimile transmission or electronic mail:

  

	 	(i)	in the case of Chase USA, to: 

 Chase Bank USA, National Association 

201 North Walnut Street 

Wilmington, Delaware 19801 

Attention: Todd S. Lehner 

Email: todd.s.lehner@chase.com 

with a copy to: 

JPMorgan Chase & Co. 

270 Park Avenue, 10th Floor 

New York, New York 10017 

Attention: Brent Barton 

Email: brent.barton@jpmchase.com 
  

	 	(ii)	in the case of Chase Card Funding, to: 

 Chase Card Funding LLC 

201 North Walnut Street 

Wilmington, Delaware 19801 

Attention: Patricia Garvey 

Email: patricia.m.garvey@chase.com 

  
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 with a copy to: 

JPMorgan Chase & Co. 

270 Park Avenue, 10th Floor 

New York, New York 10017 

Attention: Brent Barton 

Email: brent.barton@jpmchase.com 

Section 7.05. Severability of Provisions. If any one or more of the covenants, agreements, provisions or terms of this Agreement
shall for any reason whatsoever be held invalid, then such provisions shall be deemed severable from the remaining provisions of this Agreement and shall in no way affect the validity or enforceability of the remaining provisions. 

Section 7.06. Further Assurances. Chase USA agrees to do and perform, from time to time, any and all acts and to execute any and
all further instruments required or reasonably requested by Chase Card Funding more fully to effect the purposes of this Agreement, including the execution of any financing statements or continuation statements relating to the Receivables for filing
under the provisions of the UCC of any applicable jurisdiction. 
 Section 7.07. No Waiver; Cumulative Remedies. No failure to
exercise and no delay in exercising, on the part of Chase Card Funding or Chase USA, any right, remedy, power or privilege under this Agreement shall operate as a waiver thereof; nor shall any single or partial exercise of any right, remedy, power
or privilege under this Agreement preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege. The rights, remedies, powers and privileges provided under this Agreement are cumulative and not
exhaustive of any rights, remedies, powers and privileges provided by law. 
 Section 7.08. Counterparts. This Agreement may be
executed in two or more counterparts (and by different parties on separate counterparts), each of which shall be an original, but all of which together shall constitute one and the same instrument. 

Section 7.09. Third-Party Beneficiaries. This Agreement will inure to the benefit of and be binding upon the parties hereto, the
Issuing Entity, the Owner Trustee, the Indenture Trustee, the Collateral Agent and their respective successors and permitted assigns. Except as otherwise expressly provided in this Agreement, no other Person will have any right or obligation
hereunder. 
 Section 7.10. Merger and Integration. Except as specifically stated otherwise herein, this Agreement sets forth
the entire understanding of the parties relating to the subject matter hereof, and all prior understandings, written or oral, are superseded by this Agreement. This Agreement may not be modified, amended, waived or supplemented except as provided
herein. 
 Section 7.11. Headings. The headings herein are for purposes of reference only and shall not otherwise affect the
meaning or interpretation of any provision hereof. 

  
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 Section 7.12. No Petition. To the fullest extent permitted by applicable law, Chase
USA, by entering into this Agreement, agrees that it will not at any time institute against Chase Card Funding, or join in any institution against Chase Card Funding of, any bankruptcy, reorganization, arrangement, insolvency or liquidation
proceedings, or other proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations relating to this Agreement. 

Section 7.13. Waiver of Jury Trial. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY
APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT, THE NOTES OR THE TRANSACTIONS CONTEMPLATED HEREBY. 

Section 7.14. Assignment. Chase Card Funding does hereby further transfer, assign, set over and otherwise convey to the Indenture
Trustee all of Chase Card Funding’s rights, remedies, powers, privileges and claims under or with respect to this Agreement (whether arising pursuant to the terms of this Agreement or otherwise available to Chase Card Funding at law or in
equity), including, without limitation, the rights of Chase Card Funding to enforce this Agreement and to give or withhold any and all consents, requests, notices, directions, approvals, extensions or waivers under or with respect to this Agreement
to the same extent as Chase Card Funding could but for the assignment thereof to the Indenture Trustee. 
 [END OF ARTICLE VII] 

  
 43 

 IN WITNESS WHEREOF, Chase Card Funding and Chase USA have caused this Receivables Purchase
Agreement to be duly executed by their respective officers as of the date first above written. 
  

			
	CHASE BANK USA, NATIONAL ASSOCIATION
		
	By:	 	 
		 	 Name:

		 	 Title:

	
	CHASE CARD FUNDING LLC
		
	By:	 	 
		 	 Name:

		 	 Title:

  
 CHASE CARD FUNDING LLC

 Receivables Purchase Agreement 

 Schedule 1  

List of Collateral Certificates 

  
 Schedule 1-1 

 Schedule 2 

List of Accounts 

  
 Schedule 2-1 

 Exhibit A-1 

FORM OF ASSIGNMENT OF AN ADDITIONAL COLLATERAL CERTIFICATE 

(as required by subsection 2.10(c)(v) of the Receivables Purchase Agreement) 

ASSIGNMENT NO.             OF AN ADDITIONAL COLLATERAL CERTIFICATE, dated as of
            , by and between CHASE BANK USA, NATIONAL ASSOCIATION, a national banking association (the “Bank”), and CHASE CARD FUNDING LLC (“Chase Card
Funding”), pursuant to the Agreement referred to below. 
 W I T N E S S E T H: 

WHEREAS, Chase USA and Chase Card Funding are parties to the Receivables Purchase Agreement, dated as of
            , 2016 (hereinafter as such agreement may have been, or may from time to time be, amended, supplemented or otherwise modified, the “Agreement”); 

WHEREAS, pursuant to subsection 2.10(a) or 2.10(b) of the Agreement, Chase USA wishes to designate an Additional Collateral Certificate and to
convey hereby such Additional Collateral Certificate (as such term is defined in the Agreement) to Chase Card Funding; and 
 WHEREAS, Chase
Card Funding is willing to accept such designation and conveyance subject to the terms and conditions hereof; 
 NOW, THEREFORE, Chase USA
and Chase Card Funding hereby agree as follows: 
 1. Defined Terms. All capitalized terms used herein shall have the meanings
ascribed to them in the Agreement unless otherwise defined herein or, if not defined therein, in the Indenture (as defined in the Agreement). 

“Addition Date” shall mean, with respect to the Additional Collateral Certificate designated on Schedule 1 hereto,
            . 
 “Notice Date” shall mean, with respect to the
Additional Collateral Certificate designated on Schedule 1 hereto,             which shall be a date on or prior to the third
(3rd) Business Day prior to the Addition Date with respect to additions pursuant to subsection 2.10(a) of the Agreement and the fifth
(5th) Business Day prior to the Addition Date with respect to additions pursuant to subsection 2.10(b) of the Agreement. 

2. Conveyance of Additional Collateral Certificates. 

(a) Chase USA does hereby sell, transfer, assign, set over and otherwise convey, without recourse except as set forth in the Agreement, to
Chase Card Funding, all its right, title and interest in, to and under the Additional Collateral Certificate existing as of the close of business on the Addition Date. The foregoing does not constitute and is not intended to

  
 A-1-1 

 
result in the creation or assumption by Chase Card Funding of any obligation of Chase USA or any other Person in connection with the Additional Collateral Certificate or under any agreement or
instrument relating thereto, including any obligation to Obligors, merchant banks, merchants clearance systems, VISA®, MasterCard®1 or insurers. 
 (b) If necessary, Chase USA agrees to record and file, at its own expense,
financing statements (and continuation statements when applicable) with respect to the Additional Collateral Certificate existing on the Addition Date meeting the requirements of applicable state law in such manner and in such jurisdictions as are
necessary to perfect, and maintain perfection of, the sale and assignment of its interest in such Additional Collateral Certificate to Chase Card Funding, and to deliver a file-stamped copy of each such financing statement or other evidence of such
filing to Chase Card Funding on or prior to the Addition Date. Chase Card Funding shall not be under any obligation whatsoever to file such financing or continuation statements or to make any other filing under the UCC in connection with such sale
and assignment. 
 (c) Chase USA does hereby grant to Chase Card Funding a security interest in all of its right, title and interest,
whether now owned or hereafter acquired, in and to the Additional Collateral Certificate designated for sale on the Addition Date. This Assignment constitutes a security agreement under the UCC. 

(d) The parties hereto agree that all transfers of Additional Collateral Certificates to Chase Card Funding pursuant to this Assignment are
subject to, and shall be treated in accordance with, the Delaware Act and each of the parties hereto agrees that this Assignment has been entered into by the parties hereto in express reliance upon the Delaware Act. For purposes of complying with
the requirements of the Delaware Act, each of the parties hereto hereby agrees that any property, assets or rights purported to be transferred, in whole or in part, by Chase USA pursuant to this Assignment shall be deemed to no longer be the
property, assets or rights of Chase USA. The parties hereto acknowledge and agree that each such transfer is occurring in connection with a “securitization transaction” within the meaning of the Delaware Act. 

3. Representations and Warranties of Chase USA. Chase USA hereby represents and warrants to Chase Card Funding, as of the Addition
Date, that: 
 (a) Legal, Valid and Binding Obligation. This Assignment constitutes a legal, valid and binding obligation of Chase USA
enforceable against Chase USA in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereafter in effect affecting the enforcement of
creditors’ rights in general and except as such enforceability may be limited by general principles of equity (whether considered in a suit at law or in equity); 

 

	1 	VISA® and MasterCard® are registered trademarks of VISA U.S.A., Inc., and of MasterCard International
Inc., respectively. 

  
 A-1-2 

 (b) Eligibility of Additional Collateral Certificate. As of the Addition Date, the
Additional Collateral Certificate designated hereby is an Eligible Collateral Certificate; 
 (c) Insolvency. As of the Addition Date,
no Insolvency Event with respect to Chase USA has occurred and the transfer by Chase USA of the Additional Collateral Certificates to Chase Card Funding has not been made in contemplation of the occurrence thereof; 

(d) No Adverse Effect. The acquisition by Chase Card Funding of the Additional Collateral Certificate shall not, in the reasonable
belief of Chase USA, result in an Adverse Effect; 
 (e) Security Interest. This Assignment constitutes either (i) a valid sale,
transfer and assignment to Chase Card Funding of all right, title and interest of Chase USA in and to the Additional Collateral Certificate designated on the Addition Date and such Additional Collateral Certificate will be held by Chase Card Funding
free and clear of any Lien of any Person claiming through or under Chase USA or any of its Affiliates, or (ii) a valid transfer for security of all of Chase USA’s right, title and interest in and to such Additional Collateral Certificate
to Chase Card Funding, which is enforceable upon execution and delivery of this Assignment. Upon the filing of all appropriate financing statements, Chase Card Funding shall have a first priority perfected security or ownership interest in such
property and proceeds; 
 (f) No Conflict. The execution and delivery by Chase USA of this Assignment, the performance of the
transactions contemplated by this Assignment and the fulfillment of the terms hereof applicable to Chase USA, will not conflict with or violate any Requirements of Law applicable to Chase USA or conflict with, result in any breach of any of the
material terms and provisions of, or constitute (with or without notice or lapse of time or both) a material default under, any indenture, contract, agreement, mortgage, deed of trust or other instrument to which Chase USA is a party or by which it
or its properties are bound; 
 (g) No Proceedings. There are no proceedings or investigations pending or, to the best knowledge of
Chase USA, threatened against Chase USA before any court, regulatory body, administrative agency or other tribunal or governmental instrumentality (i) asserting the invalidity of this Assignment, (ii) seeking to prevent the consummation of
any of the transactions contemplated by this Assignment, (iii) seeking any determination or ruling that, in the reasonable judgment of Chase USA, would materially and adversely affect the performance by Chase USA of its obligations under this
Assignment or (iv) seeking any determination or ruling that would materially and adversely affect the validity or enforceability of this Assignment; and 

(h) All Consents. All authorizations, consents, orders or approvals of any court or other governmental authority required to be obtained
by Chase USA in connection with the execution and delivery of this Assignment by Chase USA and the performance of the transactions contemplated by this Assignment by Chase USA, have been obtained. 

4. Conditions Precedent. The conveyance of an Additional Collateral Certificate pursuant to Section 2 of this Assignment and the
amendment of the Agreement pursuant to Section 5 of this Assignment are each subject to the satisfaction of the conditions precedent set forth in subsection 2.10(c) of the Agreement on or prior to the dates specified in

  
 A-1-3 

 
such subsection 2.10(c). For purposes of subsection 2.10(c)(i) of the Agreement, “Notice Date” shall having the meaning specified in Section 1 hereof. With respect to the
condition specified in subsection 2.10(c)(ix) of the Agreement, Chase USA shall have delivered to Chase Card Funding, on or prior to the date hereof, a certificate of a Vice President or more senior officer substantially in the form of Schedule
2 hereto, certifying that (a) all requirements set forth in subsection 2.10(c) of the Agreement for designating and conveying Additional Collateral Certificates have been satisfied and (b) each of the representations and warranties
made by Chase USA in Section 3 of this Assignment is accurate as of the Addition Date. The other parties hereto may conclusively rely on such Officer’s Certificate, shall have no duty to make inquiries with regard to the matters set forth
therein, and shall incur no liability in so relying. 
 5. Amendment of the Receivables Purchase Agreement. The Agreement is hereby
amended to provide that all references therein to the “Receivables Purchase Agreement,” to “this Agreement” and to “herein” shall be deemed from and after the Addition Date to be a dual reference to the Agreement
as supplemented by this Assignment and all references therein to Additional Collateral Certificates shall be deemed to include the Additional Collateral Certificate designated hereby. Except as expressly amended hereby, all of the representations,
warranties, terms, covenants and conditions of the Agreement shall remain unamended and shall continue to be, and shall remain, in full force and effect in accordance with its terms and except as expressly provided herein shall not constitute or be
deemed to constitute a waiver of compliance with or a consent to noncompliance with any term or provision of the Agreement. 
 6.
Counterparts. This Assignment may be executed in two or more counterparts (and by different parties on separate counterparts), each of which shall be an original, but all of which shall constitute one and the same instrument. 

7. GOVERNING LAW. THIS ASSIGNMENT SHALL BE CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE, WITHOUT REFERENCE TO ITS
CONFLICT OF LAW PROVISIONS, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 

8. Removal Upon Breach. In the event of a breach of the warranty set forth in subsection 3(b) other than a breach or event set forth in
subsection 2.06(a) of the Agreement, if as a result of such breach the related Additional Collateral Certificate is no longer an Eligible Collateral Certificate or Chase Card Funding’s rights in, to or under such Additional Collateral
Certificate or its proceeds are impaired, then, upon the satisfaction of all terms and conditions set forth in subsection 2.06(b) of the Agreement, Chase USA shall accept reassignment of such Additional Collateral Certificate; provided,
however, that no such removal shall be required to be made if, on any day within such applicable period, such representations and warranties with respect to such Additional Collateral Certificate shall then be accurate in all material
respects as if such Additional Collateral Certificate had been transferred to Chase Card Funding on such day. 

  
 A-1-4 

 IN WITNESS WHEREOF, the parties hereto have caused this Assignment to be duly executed by their
respective officers as of the day and year first above written. 
  

			
	 CHASE BANK USA, NATIONAL

ASSOCIATION

		
	By:	 	 
		 	Name:
		 	Title:
	
	 CHASE CARD FUNDING LLC

		
	By:	 	 
		 	Name:
		 	Title:

  
 A-1-5 

 Schedule 1 (to Exhibit A-1) 

List of Additional Collateral Certificates 

  
 A-1-6 

 Schedule 2 (to Exhibit A-1) 

Chase Bank USA, National Association 

Officer’s Certificate 

            , a duly authorized officer of Chase Bank USA, National Association
(“Chase USA”), a national banking association, hereby certifies and acknowledges on behalf of Chase USA that to the best of [her/his] knowledge the following statements are true on
            (the “Addition Date”), and acknowledges on behalf of Chase USA that this Officer’s Certificate will be relied upon by Chase Card Funding LLC
(“Chase Card Funding”) in connection with Chase Card Funding entering into Assignment No.             of an Additional Collateral Certificate, dated as of the related
Addition Date (the “Assignment”), by and between Chase USA and Chase Card Funding, in connection with the Receivables Purchase Agreement, dated as of     , 2016 (as heretofore supplemented and amended, the
“Receivables Purchase Agreement”), by and between Chase USA and Chase Card Funding. The undersigned hereby certifies and acknowledges on behalf of Chase USA that: 

(a) Delivery of Assignment. On or prior to the Addition Date, (i) Chase USA has delivered to Chase Card Funding the Assignment and
(ii) Chase USA shall deliver to Chase Card Funding the Additional Collateral Certificate; 
 (b) Legal, Valid and Binding
Obligation. The Assignment constitutes a legal, valid and binding obligation of Chase USA enforceable against Chase USA in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency,
reorganization, moratorium or other similar laws now or hereafter in effect affecting the enforcement of creditors’ rights in general and except as such enforceability may be limited by general principles of equity (whether considered in a suit
at law or in equity); 
 (c) Eligibility of Additional Collateral Certificate. As of the Addition Date, the Additional Collateral
Certificate transferred thereby is an Eligible Collateral Certificate; 
 (d) Insolvency. As of the Addition Date, no Insolvency
Event with respect to Chase USA has occurred and the transfer by Chase USA of the Additional Collateral Certificate to Chase Card Funding has not been made in contemplation of the occurrence thereof; 

(e) No Adverse Effect. The acquisition by Chase Card Funding of the Additional Collateral Certificate shall not, in the reasonable
belief of Chase USA, result in an Adverse Effect; 
 (f) Conditions Precedent. All requirements set forth in subsection 2.10(c) of
the Receivables Purchase Agreement for designating and conveying the Additional Collateral Certificate have been satisfied; 
 (g) No
Proceedings. There are no proceedings or investigations pending or, to the best knowledge of Chase USA, threatened against Chase USA before any court, regulatory body, administrative agency or other tribunal or governmental instrumentality
(i) asserting the invalidity of the Assignment, (ii) seeking to prevent the consummation of any of the transactions 

  
 A-1-7 

 
contemplated by the Assignment, (iii) seeking any determination or ruling that, in the reasonable judgment of Chase USA, would materially and adversely affect the performance by Chase USA of
its obligations under the Assignment or (iv) seeking any determination or ruling that would materially and adversely affect the validity or enforceability of the Assignment; and 

(h) All Consents. All authorizations, consents, orders or approvals of any court or other governmental authority required to be obtained
by Chase USA in connection with the execution and delivery of the Assignment by Chase USA and the performance of the transactions contemplated by the Assignment by Chase USA, have been obtained. 

Initially capitalized terms used herein and not otherwise defined are used as defined in the Receivables Purchase Agreement or, if not defined
therein, in the Indenture (as defined in the Receivables Purchase Agreement). 
 IN WITNESS WHEREOF, I have hereunto set my hand this
            day of                     . 

 

			
	 CHASE BANK USA,

	 NATIONAL ASSOCIATION

		
	By:	 	 
		 	Name:
		 	Title:

  
 A-1-8 

 Exhibit A-2 

FORM OF ASSIGNMENT OF RECEIVABLES IN ADDITIONAL ACCOUNTS 

(as required by subsection 2.10(c)(iv) of the Receivables Purchase Agreement) 

ASSIGNMENT NO.             OF RECEIVABLES IN ADDITIONAL ACCOUNTS, dated as of
            , by and between CHASE BANK USA, NATIONAL ASSOCIATION, a national banking association (the “Bank”), and CHASE CARD FUNDING LLC (“Chase Card
Funding”), pursuant to the Agreement referred to below. 
 W I T N E S S E T H: 

WHEREAS, Chase USA and Chase Card Funding are parties to the Receivables Purchase Agreement, dated as of     , 2016
(hereinafter as such agreement may have been, or may from time to time be, amended, supplemented or otherwise modified, the “Agreement”); 

WHEREAS, pursuant to the Agreement, Chase USA wishes to designate Additional Accounts to be included as Accounts and to convey hereby the
Receivables of such Additional Accounts (as each such term is defined in the Agreement), whether now existing or hereafter created, to Chase Card Funding; and 

WHEREAS, Chase Card Funding is willing to accept such designation and conveyance subject to the terms and conditions hereof; 

NOW, THEREFORE, Chase USA and Chase Card Funding, hereby agree as follows: 

1. Defined Terms. All capitalized terms used herein shall have the meanings ascribed to them in the Agreement unless otherwise defined
herein or, if not defined therein, in the Indenture (as defined in the Agreement). 
 “Addition Cut-Off Date” shall mean,
with respect to the Additional Accounts designated hereby,             . 

“Addition Date” shall mean, with respect to the Additional Accounts designated on Schedule 1 hereto,
            . 
 “Notice Date” shall mean, with respect to the
Additional Accounts designated on Schedule 1 hereto,             which shall be a date on or prior to the third
(3rd) Business Day prior to the Addition Date with respect to additions pursuant to subsection 2.10(a) of the Agreement and the fifth
(5th) Business Day prior to the Addition Date with respect to additions pursuant to subsection 2.10(b) of the Agreement. 

2. Designation of Additional Accounts. No later than five (5) Business Days after the Addition Date, Chase USA shall deliver to
Chase Card Funding, or shall maintain on behalf of Chase Card Funding, an accurate list (in the form of a computer file, microfiche list, 

  
 A-2-1 

 
CD-ROM or such other form as is agreed upon between Chase USA and Chase Card Funding) of each VISA® and MasterCard®2 account which, as of the Addition Date, shall be deemed to be an Additional Account, identified by account reference number and the aggregate
amount of the Receivables in each such Additional Account as of the Addition Cut-Off Date, which list shall be marked as Schedule 1 to this Assignment and, as of the Addition Date, shall modify and amend and be incorporated into and made part
of the Agreement and shall supplement Schedule 2 to the Agreement. 
 3. Conveyance of Receivables. 

(a) Chase USA does hereby sell, transfer and assign to Chase Card Funding all right, title and interest, whether owned on the Addition Cut-Off
Date or thereafter acquired, of Chase USA in and to the Receivables existing on the Addition Cut-Off Date or thereafter created in the Additional Accounts, all Interchange and Recoveries related thereto, all monies due or to become due and all
amounts received or receivable with respect thereto and all proceeds (including “proceeds” as defined in the applicable UCC) thereof. This subsection 3(a) does not constitute and is not intended to result in the creation or assumption by
Chase Card Funding of any obligation of Chase USA or any other Person in connection with the Accounts or the Receivables or under any agreement or instrument relating thereto, including any obligation to Obligors, merchant banks, merchants clearance
systems, VISA®, MasterCard® or insurers. 

(b) Chase USA hereby grants to Chase Card Funding a security interest in all of its right, title and interest, whether owned on the Addition
Cut-Off Date or thereafter acquired, of Chase USA in and to the Receivables existing on the Addition Cut-Off Date or thereafter created in the Additional Accounts, all Interchange and Recoveries related thereto and all monies due or to become due
and all amounts received or receivable with respect thereto and the “proceeds” (including “proceeds” as defined in the applicable UCC) thereof to secure a loan in an amount equal to the unpaid principal amount of the Notes issued
pursuant to the Indenture, the Asset Pool One Supplement and the applicable Indenture Supplement and accrued and unpaid interest with respect thereto. This Assignment constitutes a security agreement under the UCC. 

(c) If necessary, Chase USA agrees to record and file, at its own expense, financing statements (and continuation statements when applicable)
with respect to the Receivables in Additional Accounts existing on the Addition Cut-Off Date and thereafter created meeting the requirements of applicable state law in such manner and in such jurisdictions as are necessary to perfect, and maintain
perfection of, the sale and assignment of its interest in such Receivables to Chase Card Funding, and to deliver a file-stamped copy of each such financing statement or other evidence of such filing to Chase Card Funding on or prior to the Addition
Date. Chase Card Funding shall be under no obligation whatsoever to file such financing or continuation statements or to make any other filing under the UCC in connection with such sale and assignment. 

 

	2 	VISA® and MasterCard® are registered trademarks of VISA U.S.A., Inc., and of MasterCard International
Inc., respectively. 

  
 A-2-2 

 (d) In connection with such transfers, Chase USA further agrees, at its own expense, on or prior
to the date of this Assignment, to indicate in the appropriate computer files that Receivables created in connection with the Additional Accounts and designated hereby have been conveyed to Chase Card Funding pursuant to this Assignment. 

(e) The parties hereto agree that all transfers of Receivables to Chase Card Funding pursuant to this Assignment are subject to, and shall be
treated in accordance with, the Delaware Act and each of the parties hereto agrees that this Assignment has been entered into by the parties hereto in express reliance upon the Delaware Act. For purposes of complying with the requirements of the
Delaware Act, each of the parties hereto hereby agrees that any property, assets or rights purported to be transferred, in whole or in part, by Chase USA pursuant to this Assignment shall be deemed to no longer be the property, assets or rights of
Chase USA. The parties hereto acknowledge and agree that each such transfer is occurring in connection with a “securitization transaction” within the meaning of the Delaware Act. 

4. Representations and Warranties of Chase USA. 

(a) Legal, Valid and Binding Obligation. This Assignment constitutes a legal, valid and binding obligation of Chase USA enforceable
against Chase USA in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereafter in effect affecting the enforcement of
creditors’ rights in general and except as such enforceability may be limited by general principles of equity (whether considered in a suit at law or in equity); 

(b) Eligibility of Accounts. As of the Addition Cut-Off Date, each Additional Account designated hereby was an Eligible Account; 

(c) Insolvency. As of each of the Addition Cut-Off Date and the Addition Date, no Insolvency Event with respect to Chase USA has
occurred and the transfer by Chase USA of Receivables arising in the Additional Accounts to Chase Card Funding has not been made in contemplation of the occurrence thereof; 

(d) No Adverse Effect. The acquisition by Chase Card Funding of the Receivables arising in the Additional Accounts shall not, in the
reasonable belief of Chase USA, result in an Adverse Effect; 
 (e) Security Interest. This Assignment constitutes a valid sale,
transfer and assignment to Chase Card Funding of all right, title and interest, whether owned on the Addition Cut-Off Date or thereafter acquired, of Chase USA in and to the Receivables existing on the Addition Cut-Off Date or thereafter created in
the Additional Accounts, all Interchange and Recoveries related thereto, all monies due or to become due and all amounts received or receivable with respect thereto and the “proceeds” (including “proceeds” as defined in the
applicable UCC) thereof, or, if this Assignment does not constitute a sale of such property, the Agreement as amended by this Assignment constitutes a grant of a “security interest” (as defined in the applicable UCC) in such property to
Chase Card Funding, which, in the case of existing Receivables and the proceeds thereof, is enforceable upon execution and delivery of this Assignment, and which will be enforceable with respect to such Receivables hereafter created

  
 A-2-3 

 
and the proceeds thereof upon such creation. Upon the filing of the financing statements described in Section 3 of this Assignment and, in the case of the Receivables hereafter created and
the proceeds thereof, upon the creation thereof, Chase Card Funding shall have a first priority perfected security or ownership interest in such property; 

(f) No Conflict. The execution and delivery by Chase USA of this Assignment, the performance of the transactions contemplated by this
Assignment and the fulfillment of the terms hereof applicable to Chase USA, will not conflict with or violate any Requirements of Law applicable to Chase USA or conflict with, result in any breach of any of the material terms and provisions of, or
constitute (with or without notice or lapse of time or both) a material default under, any indenture, contract, agreement, mortgage, deed of trust or other instrument to which Chase USA is a party or by which it or its properties are bound; 

(g) No Proceedings. There are no proceedings or investigations, pending or, to the best knowledge of Chase USA, threatened against Chase
USA before any court, regulatory body, administrative agency or other tribunal or governmental instrumentality (i) asserting the invalidity of this Assignment, (ii) seeking to prevent the consummation of any of the transactions
contemplated by this Assignment, (iii) seeking any determination or ruling that, in the reasonable judgment of Chase USA, would materially and adversely affect the performance by Chase USA of its obligations under this Assignment or
(iv) seeking any determination or ruling that would materially and adversely affect the validity or enforceability of this Assignment; and 

(h) All Consents. All authorizations, consents, orders or approvals of any court or other governmental authority required to be obtained
by Chase USA in connection with the execution and delivery of this Assignment by Chase USA and the performance of the transactions contemplated by this Assignment by Chase USA, have been obtained. 

5. Conditions Precedent. The designation of Additional Accounts pursuant to Section 2 of this Assignment, the conveyance of
Receivables pursuant to Section 3 of this Assignment and the amendment of the Agreement pursuant to Section 6 hereof are each subject to the satisfaction of the conditions precedent set forth in subsection 2.10(c) of the Agreement on or
prior to the dates specified in such subsection 2.10(c), except to the extent any such conditions have been waived. For purposes of subsection 2.10(c)(i) of the Agreement, “Notice Date” shall having the meaning specified in
Section 1 hereof. With respect to the condition specified in subsection 2.10(c)(ix) of the Agreement, Chase USA shall have delivered to Chase Card Funding, on or prior to the date hereof, a certificate of a Vice President or more senior officer
substantially in the form of Schedule 2 hereto, certifying that (a) all requirements set forth in subsection 2.10(c) of the Agreement for designating and conveying Receivables in Additional Accounts have been satisfied or waived and
(b) each of the representations and warranties made by Chase USA in Section 4 of this Assignment is accurate as of the Addition Date. Chase Card Funding may conclusively rely on such Officer’s Certificate, shall have no duty to make
inquiries with regard to the matters set forth therein, and shall incur no liability in so relying. 
 6. Amendment of the Receivables
Purchase Agreement. The Agreement is hereby amended to provide that all references therein to the “Receivables Purchase Agreement,” to “this Agreement” and to “herein” shall be deemed from and after the
Addition Date to be a dual reference to the Agreement as supplemented by this Assignment. All references therein to 

  
 A-2-4 

 
Additional Accounts shall be deemed to include the Additional Accounts designated hereby and all references therein to Receivables shall be deemed to include the Receivables conveyed hereby.
Except as expressly amended hereby, all of the representations, warranties, terms, covenants and conditions of the Agreement shall remain unamended and shall continue to be, and shall remain, in full force and effect in accordance with its terms and
except as expressly provided herein shall not constitute or be deemed to constitute a waiver of compliance with or a consent to noncompliance with any term or provision of the Agreement. 

7. Counterparts. This Assignment may be executed in two or more counterparts, and by different parties on separate counterparts, each of
which shall be an original, but all of which shall constitute one and the same instrument. 
 8. GOVERNING LAW. THIS ASSIGNMENT
SHALL BE CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE, WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.

 9. Removal Upon Breach. In the event of a breach of any of the warranties set forth in Section 4 hereof other than a breach or
event set forth in subsection 2.06(a) of the Agreement, if as a result of such breach the related Receivable is no longer an Eligible Receivable or Chase Card Funding’s rights in, to or under such Receivable or its proceeds are impaired, then,
upon the satisfaction of all terms and conditions set forth in Section 2.06 of the Agreement, such Receivable shall be removed from Chase Card Funding on the terms and conditions set forth in subsection 2.06(b) of the Agreement and Chase USA
shall accept reassignment of such Receivable; provided, however, that no such removal shall be required to be made if, on any day within such applicable period, such representations and warranties with respect to such Receivable shall
then be accurate in all material respects as if such Receivable had been designated for inclusion in Chase Card Funding on such day. 

  
 A-2-5 

 IN WITNESS WHEREOF, the parties hereto have caused this Assignment to be duly executed by their
respective officers as of the day and year first above written. 
  

			
	 CHASE BANK USA, NATIONAL

ASSOCIATION

		
	By:	 	 
		 	Name:
		 	Title:
	
	 CHASE CARD FUNDING LLC

		
	By:	 	 
		 	Name:
		 	Title:

  
 A-2-6 

 Schedule 1 (to Exhibit A-2) 

List of Additional Accounts 

  
 A-2-7 

 Schedule 2 (to Exhibit A-2) 

Chase Bank USA, National Association 

Officer’s Certificate 

            , a duly authorized officer of Chase Bank USA, National Association
(“Chase USA”), a national banking association, hereby certifies and acknowledges on behalf of Chase USA that to the best of [her/his] knowledge the following statements are true on
            (the “Addition Date”), and acknowledges on behalf of Chase USA that this Officer’s Certificate will be relied upon by Chase Card Funding LLC
(“Chase Card Funding”), in connection with Chase Card Funding entering into Assignment No.             of Receivables in Additional Accounts, dated as of the Addition Date
(the “Assignment”), by and between Chase USA and Chase Card Funding, in connection with the Receivables Purchase Agreement, dated as of     , 2016 (as heretofore supplemented and amended, the “Receivables
Purchase Agreement”), by and between Chase USA and Chase Card Funding. The undersigned hereby certifies and acknowledges on behalf of Chase USA that: 

(a) Delivery of Assignment. On or prior to the Addition Date, (i) Chase USA has delivered to Chase Card Funding the Assignment,
and (ii) Chase USA has indicated in its computer files that the Receivables created in connection with the Additional Accounts have been transferred to Chase Card Funding. Chase USA shall deliver to Chase Card Funding, or shall maintain on
behalf of Chase Card Funding pursuant to Section 3.08 of the Receivables Purchase Agreement, an accurate list (in the form of a computer file, microfiche list, CD-ROM or such other form as is agreed upon between Chase USA and Chase Card
Funding) of the Additional Accounts, identified by account reference number and the aggregate amount of the Receivables in each Additional Account as of the Addition Cut-Off Date, which list shall, as of the Addition Date, modify and amend and be
incorporated into and made a part of the Assignment and the Receivables Purchase Agreement; 
 (b) Legal, Valid and Binding
Obligation. The Assignment constitutes a legal, valid and binding obligation of Chase USA enforceable against Chase USA in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency,
reorganization, moratorium or other similar laws now or hereafter in effect affecting the enforcement of creditors’ rights in general and except as such enforceability may be limited by general principles of equity (whether considered in a suit
at law or in equity); 
 (c) Eligibility of Additional Accounts. As of the Addition Cut-Off Date, each Additional Account designated
thereby is an Eligible Account; 
 (d) Insolvency. As of each of the Addition Cut-Off Date and the Addition Date, no Insolvency Event
with respect to Chase USA has occurred and the transfer by Chase USA of Receivables arising in the Additional Accounts to Chase Card Funding has not been made in contemplation of the occurrence thereof; 

(e) No Adverse Effect. The acquisition by Chase Card Funding of the Receivables arising in the Additional Accounts shall not, in the
reasonable belief of Chase USA, result in an Adverse Effect; 

  
 A-2-8 

 (f) Conditions Precedent. All requirements set forth in subsection 2.10(c) of the
Receivables Purchase Agreement for designating and conveying Receivables arising in the Additional Accounts have been satisfied or waived; 

(g) No Proceedings. There are no proceedings or investigations pending or, to the best knowledge of Chase USA, threatened against Chase
USA before any court, regulatory body, administrative agency or other tribunal or governmental instrumentality (i) asserting the invalidity of the Assignment, (ii) seeking to prevent the consummation of any of the transactions contemplated
by the Assignment, (iii) seeking any determination or ruling that, in the reasonable judgment of Chase USA, would materially and adversely affect the performance by Chase USA of its obligations under the Assignment or (iv) seeking any
determination or ruling that would materially and adversely affect the validity or enforceability of the Assignment; and 
 (h) All
Consents. All authorizations, consents, orders or approvals of any court or other governmental authority required to be obtained by Chase USA in connection with the execution and delivery of the Assignment by Chase USA and the performance of the
transactions contemplated by the Assignment by Chase USA, have been obtained. 
 Initially capitalized terms used herein and not otherwise
defined are used as defined in the Receivables Purchase Agreement, or, if not defined therein, in the Indenture (as defined in the Receivables Purchase Agreement). 

IN WITNESS WHEREOF, I have hereunto set my hand this             day of
            . 
  

			
	 CHASE BANK USA,

	 NATIONAL ASSOCIATION

		
	By:	 	 
		 	Name:
		 	Title:

  
 A-2-9 

 Exhibit B 

FORM OF REASSIGNMENT OF RECEIVABLES IN REMOVED ACCOUNTS 

(as required by subsection 2.11(b)(ii) of the Receivables Purchase Agreement) 

REASSIGNMENT NO.             OF RECEIVABLES IN REMOVED ACCOUNTS (this
“Reassignment”) dated as of             , by and between CHASE BANK USA, NATIONAL ASSOCIATION, a national banking association (“Chase USA”), and CHASE CARD
FUNDING LLC (“Chase Card Funding”), pursuant to the Agreement referred to below and acknowledged by Chase USA in its capacity as servicer under the Transfer and Servicing Agreement referred to below (in such capacity, the
“Servicer”). 
 W I T N E S S E T H: 

WHEREAS, Chase USA and Chase Card Funding are parties to the Receivables Purchase Agreement, dated as of     , 2016
(hereinafter as such agreement may have been, or may from time to time be, amended, supplemented or otherwise modified, the “Agreement”); 

WHEREAS, Chase USA, as Servicer and Administrator, Chase Card Funding, as Transferor, Wells Fargo Bank, National Association, as Indenture
Trustee and Collateral Agent, and Chase Issuance Trust, as Issuing Entity, are parties to the Fourth Amended and Restated Transfer and Servicing Agreement, dated as of     , 2016 (hereinafter as such agreement may have been, or
may from time to time be, amended, supplemented or otherwise modified, the “Transfer and Servicing Agreement”); 
 WHEREAS,
pursuant to the Agreement, Chase USA wishes to remove from Chase Card Funding all Receivables owned by Chase Card Funding in certain designated Accounts identified on Schedule 1 to this Reassignment (the “Removed Accounts”) and to
cause Chase Card Funding to reconvey the Receivables of such Removed Accounts, whether now existing or hereafter created, from Chase Card Funding to Chase USA; and 

WHEREAS, Chase Card Funding is willing to accept such designation and to reconvey the Receivables in the Removed Accounts subject to the terms
and conditions hereof; 
 NOW, THEREFORE, Chase USA and Chase Card Funding hereby agree as follows: 

1. Defined Terms. All terms defined in the Agreement and used herein shall have such defined meanings when used herein, unless
otherwise defined herein, or, if not defined therein, in the Indenture (as defined in the Agreement). 
 “Removal Cut-Off
Date” shall mean, with respect to the Removed Accounts,             . 

“Removal Date” shall mean, with respect to the Removed Accounts,
            . 

  
 B-1 

 “Removal Notice Date” shall mean, with respect to the Removed Accounts,
            . 
 2. Designation of Removed Accounts. Within five
(5) Business Days after the Removal Date, or as otherwise agreed upon by Chase USA and Chase Card Funding, Chase USA will deliver to Chase Card Funding, or will maintain on behalf of Chase Card Funding pursuant to Section 3.08 of the
Receivables Purchase Agreement, an accurate list (in the form of a computer file, microfiche list, CD-ROM or such other form as is agreed upon between Chase USA and Chase Card Funding) of all Removed Accounts identified by account reference number
and the aggregate amount of Principal Receivables in such Removed counts as of the Removal Cut-Off Date, which list shall, as of the Removal Date, modify and amend and be incorporated into and made a part of the Agreement. 

3. Reconveyance of Receivables. Chase Card Funding does hereby transfer, reassign, set over and otherwise reconvey to Chase USA,
without recourse, on and after the Removal Date, all right, title and interest of Chase Card Funding in, to and under the Receivables now existing and hereafter created from time to time in the Removed Accounts identified on Schedule 1 hereto, all
Interchange and Recoveries related thereto, all monies due or to become due (including all Finance Charge Receivables) and all amounts received or receivable with respect thereto and all proceeds (as defined in the UCC as in effect in the applicable
jurisdiction) thereof (the “Removed Collateral”). 
 4. Representations and Warranties of Chase USA. Chase USA
hereby represents and warrants to Chase Card Funding as of the Removal Date that: 
 (a) Legal, Valid and Binding Obligation. This
Reassignment constitutes a legal, valid and binding obligation of Chase USA enforceable against Chase USA, in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or
other similar laws now or hereafter in effect affecting the enforcement of creditors’ rights in general and except as such enforceability may be limited by general principles of equity (whether considered in a suit at law or in equity); 

(b) Satisfaction of Additional Requirements. All of the requirements for the removal of Accounts from the Trust under the Transfer and
Servicing Agreement and the Asset Pool One Supplement have been satisfied; and 
 5. Conditions Precedent. The reassignment hereunder
of the Receivables in the Removed Accounts and the amendment of the Agreement pursuant to Section 7 of this Reassignment are each subject to: 

(a) the satisfaction, on or prior to the Removal Date, of the conditions set forth in subsection 2.11(b) of the Agreement; and 

  
 B-2 

 (b) the delivery, on or prior to the Removal Date, to Chase Card Funding by Chase USA of an
Officer’s Certificate substantially in the form of Schedule 2 to this Reassignment, as applicable. Chase Card Funding may conclusively rely on such Officer’s Certificate, shall have no duty to make inquiries with regard to the matters set
forth therein and shall incur no liability in so relying. 
 6. Representations and Warranties of Chase Card Funding. Since the date
of the transfer by Chase USA under the Agreement, Chase Card Funding has not sold, transferred or encumbered any Receivable in any Removed Account or any interest therein. 

7. Amendment of the Receivables Purchase Agreement. The Agreement is hereby amended to provide that all references therein to the
“Receivables Purchase Agreement,” to “this Agreement” and to “herein” shall be deemed from and after the Removal Date to be a dual reference to the Agreement as supplemented by this Reassignment. All references
therein to the Accounts shall be deemed not to include the Removed Accounts designated hereunder and all references to Receivables shall be deemed not to include the Receivables reconveyed hereunder. Except as expressly amended hereby, all of the
representations, warranties, terms, covenants and conditions of the Agreement shall remain unamended and shall continue to be, and shall remain, in full force and effect in accordance with its terms and except as expressly provided herein shall not
constitute or be deemed to constitute a waiver of compliance with or a consent to noncompliance with any term or provision of the Agreement. 

8. Release. 
 (a) Chase
Card Funding hereby expressly terminates, relinquishes, releases, discharges and renders ineffective any and all security interests, liens, mortgages and encumbrances, as against Chase USA, any transferee of Chase USA and any person claiming title
to or an interest in the Removed Collateral through any such person, or any successor or assign of any of the foregoing (all such persons and entities being referred to individually as a “Transferee” and collectively as the
“Transferees”), and any and all right, title, benefit, interest or claim whatsoever, present or future, actual or contingent (collectively, “Rights”), owned or held by Chase Card Funding to, against or in respect of
the Removed Collateral. 
 (b) In case any provision of this Reassignment shall be rendered invalid, illegal or unenforceable in any
jurisdiction, Chase Card Funding hereby acknowledges that the interest of Chase Card Funding in the Removed Collateral is subordinate and junior to the security interest of any Transferee and hereby expressly agrees that any security interest it may
have in any Removed Collateral is and shall remain subordinate and junior to all security interests granted by a Transferee, regardless of the time of the recording, perfection or filing thereof or with respect thereto. 

(c) Chase Card Funding acknowledges and agrees that the Transferees and their representatives are expressly entitled to rely on the provisions
of this Section 8, it being the intent of Chase Card Funding, that the Transferees will acquire title to the Removed Collateral purchased by them free of any Rights owned or held by Chase Card Funding to, against or in respect of the Removed
Collateral. 
 9. Counterparts. This Reassignment may be executed in two or more counterparts, and by different parties on separate
counterparts, each of which shall be an original, but all of which shall constitute one and the same instrument. 

  
 B-3 

 10. GOVERNING LAW. THIS REASSIGNMENT SHALL BE CONSTRUED IN ACCORDANCE WITH THE
LAWS OF THE STATE OF DELAWARE, WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 

11. Authorization. Chase Card Funding hereby authorizes Chase USA, or any agent designated by Chase USA, to file any financing
statements or continuation statements, and amendments to financing statements, in any jurisdictions and with any filing offices as Chase USA may determine, in its sole discretion, are necessary or advisable to perfect the reconveyance to Chase USA
pursuant to Section 3 hereof. Such financing statements may describe the collateral in the same manner as described herein or may contain an indication or description of collateral that describes such property in any other manner as Chase USA
may determine, in its sole discretion, is necessary, advisable or prudent to ensure the perfection of the security interest in the collateral granted to Chase USA in connection herewith, including, without limitation, describing such property as
“all assets” or “all personal property.” 

  
 B-4 

 IN WITNESS WHEREOF, the parties hereto have caused this Reassignment to be duly executed by their
respective officers as of the day and year first above written. 
  

			
	CHASE BANK USA, NATIONAL ASSOCIATION
		
	By:	 	 
		 	Name:
		 	Title:
	
	 CHASE CARD FUNDING LLC

		
	By:	 	 
		 	Name:
		 	Title:

  
 B-5 

 Schedule 1 
 to
Reassignment 
 List of Removed Accounts 

  
 B-6 

 Schedule 2 

to Reassignment 
 of
Receivables 
 Chase Bank USA, National Association 

Officer’s Certificate 

            , a duly authorized officer of Chase Bank USA, National Association
(“Chase USA”), a national banking association, hereby certifies and acknowledges on behalf of Chase USA that to the best of [her/his] knowledge the following statements are true on
            (the “Removal Date”), and acknowledges on behalf of Chase USA that this Officer’s Certificate will be relied upon by Chase Card Funding LLC (“Chase
Card Funding”) in connection with Chase Card Funding entering into Reassignment No.             of Receivables in Removed Accounts, dated as of the Removal Date (the
“Reassignment”), by and between Chase USA and Chase Card Funding, in connection with the Receivables Purchase Agreement, dated as of     , 2016 (as heretofore supplemented and amended, the “Receivables
Purchase Agreement”), by and between Chase USA and Chase Card Funding. 
 The undersigned hereby certifies and acknowledges on
behalf of Chase USA that: 
 (a) All of the requirements for the removal of Accounts from the Trust under the Transfer and Servicing
Agreement and the Asset Pool One Supplement have been satisfied. 
 (b) On or prior to the Removal Date, Chase USA has delivered to Chase
Card Funding, for execution, the Reassignment and within five (5) Business Days after the Removal Date, or as otherwise agreed upon between Chase USA and Chase Card Funding, Chase USA shall deliver to Chase Card Funding, or shall maintain on
behalf of Chase Card Funding pursuant to Section 3.08 of the Receivables Purchase Agreement, based on Chase USA’s computer records, an accurate list (in the form of a computer file, microfiche list, CD-ROM or such other form as is agreed
upon between Chase USA and Chase Card Funding) of the Removed Accounts, identified by account reference number and the aggregate amount of the Receivables outstanding in each Removed Account as of the Removal Cut-Off Date. Such list shall, as of the
Removal Date, modify, amend and be incorporated into and made a part of the Reassignment and the Receivables Purchase Agreement. 
 (c) The
Reassignment constitutes a legal, valid and binding obligation of Chase USA enforceable against Chase USA in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or
other similar laws now or hereafter in effect affecting the enforcement of creditors’ rights in general and the rights of creditors of national banking associations and except as such enforceability may be limited by general principles of
equity (whether considered in a suit at law or in equity). 
 (d) On or before the fifth
(5th) Business Day prior to the Removal Date, Chase USA gave Chase Card Funding and the Servicer written notice that the Receivables from the Removed Accounts are to be reassigned to Chase
USA or its designee, specifying the date for removal of the Removed Accounts. 

  
 B-7 

 (e) All requirements set forth in Section 2.11 of the Receivables Purchase Agreement for
designating Removed Accounts and conveying the Principal Receivables of such Accounts, whether now existing or hereafter created, have been satisfied. 

  
 B-8 

 Initially capitalized terms used herein and not otherwise defined are used as defined in the
Receivables Purchase Agreement or, if not defined therein, in the Indenture (as defined in the Receivables Purchase Agreement). 
 IN
WITNESS WHEREOF, I have hereunto set my hand as of the             day of             . 

 

			
	 CHASE BANK USA, NATIONAL

ASSOCIATION

		
	By:	 	 
		 	Name:
		 	Title:

  
 B-9 

 Exhibit C-1 

FORM OF OPINION OF COUNSEL 
 WITH
RESPECT TO AMENDMENTS 
 Provisions to be included in 

Opinion of Counsel to be delivered pursuant 

to subsection 7.02(d)(i) 
 The
opinions set forth below may be subject to all the qualifications, assumptions, limitations and exceptions taken or made in the Opinions Of Counsel delivered on the date hereof, any Increase Date and any Addition Date. 

1. The amendment to the Receivables Purchase Agreement, attached hereto as Schedule 1 (the “Amendment”), has been (a) duly authorized by
all requisite corporate action on the part of Chase USA and (b) duly executed and delivered by Chase USA, under the laws of the United States of America. 

2. The Amendment constitutes the valid and binding obligation of Chase USA, enforceable against Chase USA in accordance with its terms under the laws of the
United States of America, except as limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent transfer, preference and other similar laws affecting creditors’ rights generally, and by general principles of equity
(regardless of whether enforcement is sought in equity or at law). 
 2. The Amendment has been entered into in accordance with the terms and provisions of
Section 7.01 of the Receivables Purchase Agreement. 

  
 C-1-1 

 Exhibit C-2 

FORM OF OPINION OF COUNSEL 
 WITH
RESPECT TO COLLATERAL CERTIFICATES 
 Provisions to be included in 

Opinion of Counsel to be 
 delivered
pursuant to 
 subsection 7.02(d)(ii) or (iii) 

The opinions set forth below may be subject to all the qualifications, assumptions, limitations and exceptions taken or made in the Opinions
of Counsel delivered on the date hereof, any Increase Date and any Addition Date. 
 1. To the extent that the transfer of the Collateral Certificate to
Chase Card Funding LLC is characterized as a transfer for security, the provisions of the Receivables Purchase Agreement are effective under the UCC of the State of Delaware to create a valid security interest in favor of Chase Card Funding LLC, in
the Collateral Certificate and the proceeds thereof to secure the obligations of Chase USA under the Receivables Purchase Agreement. 
 2. Chase USA has
authorized the filing of the financing statement (the “Bank Financing Statement”) identifying “Chase Bank USA, National Association,” as debtor, and “Chase Card Funding LLC,” as secured party, for purposes of
Section 9-509 of the Delaware UCC. 
 3. The Bank Financing Statement includes not only all types of information required by Section 9-502(a) of
the UCC of the State of Delaware but also all of the types of information without which the office of the Secretary of State of the State of Delaware (the “Filing Office”) may refuse to accept the Bank Financing Statement pursuant
to Section 9-516 of the UCC of the State of Delaware. 
 4. Under the UCC of the State of Delaware, the security interest of Chase Card Funding LLC,
will be perfected in the Collateral Certificate and proceeds thereof upon the later of the attachment of the security interest and the filing of the Bank Financing Statement in the Filing Office. 

  
 C-2-1 

 Exhibit C-3 

PROVISIONS TO BE INCLUDED IN 

ANNUAL OPINION OF COUNSEL 
 The
opinions set forth below may be subject to all the qualifications, assumptions, limitations and exceptions taken or made in the Opinions of Counsel delivered on the date hereof, any Increase Date and any Addition Date with respect to similar
matters. Unless otherwise indicated, all capitalized terms used herein shall have the meanings ascribed to them in the Receivables Purchase Agreement. 
 1.
Under Article 9 of the UCC, the financing statements will remain effective and no additional financing statements, continuation statements or amendments with respect to the financing statements described in such opinion will be required to be filed.

 2. No other action is necessary, from the date of such opinion through [            ] to
maintain the perfection of the security interest of Chase Card Funding created pursuant to the Receivables Purchase Agreement in the Receivables as such lien otherwise exists on the date hereof other than the filings or other actions described in
such opinion. 

  
 C-3-1 

 Exhibit D 

FORM OF REVOLVING NOTE 

REVOLVING NOTE 
 This
Revolving Note, dated as of             ,             , by CHASE CARD FUNDING LLC, a Delaware limited liability company (the
“Borrower”) to CHASE BANK USA, NATIONAL ASSOCIATION, a national banking association (the “Lender”). 
 The
Lender and the Borrower have entered into a Receivables Purchase Agreement (the “Receivables Purchase Agreement”) dated as of [            ], 2016 providing for the
purchase from time to time by the Borrower of (1) certain receivables existing or arising in designated revolving credit card accounts (the “Receivables”) and (2) a Collateral Certificate. Except as otherwise expressly
provided herein or unless the context otherwise requires, capitalized terms not otherwise defined herein shall have the meanings assigned to such terms in the Receivables Purchase Agreement. 

1. The Note. For value received, the Borrower hereby promises to pay to the order of the Lender at its offices at 201 North Walnut
Street, Wilmington, Delaware 19801, the aggregate principal amount of all Loans (as hereinafter defined) made by the Lender to the Borrower under the terms of this Note as remains unpaid, as maintained by the Lender, and any continuations thereof,
on the day which is one year and a day after the payment in full of the Transferor Amount and all Invested Amounts, or as agreed between the Borrower and the Lender (the “Maturity Date”). The Borrower shall pay interest on the
unpaid principal amount of the Loans as provided herein. 
 2. The Loans. 

(a) From time to time between the date of this Note and the Maturity Date, and subject to the restrictions on lending under this Note
contained in the Receivables Purchase Agreement, the Lender may lend to the Borrower such sums (each a “Loan” and, together, the “Loans”), as provided herein. 

(b) The obligation of the Borrower to repay the aggregate unpaid principal amount of the Loans outstanding shall be evidenced by this Note and
the schedule attached hereto. The Lender is hereby authorized to endorse on the schedule or on a continuation of such schedule, appropriate notations regarding each Loan evidenced by this Note; provided, however, that the failure to
make, or error in making, any notation shall not limit or otherwise affect the obligation of the Borrower hereunder. 
 (c) When the
Borrower requests a Loan in connection with the acquisition of any Receivables, the Borrower shall notify the Lender specifying the amount, the date on which such Loan is requested and the tenor of such Loan. All such notices shall be in writing and
shall be deemed to have been duly given if personally delivered, mailed by registered mail with return receipt requested, sent by electronic mail or transmitted via the intranet funding request processing system maintained by the JPMorgan
Chase & Co corporate treasury funding desk. 

  
 D-1 

 3. Interest. Each Loan shall bear interest based on the prevailing rate for JPMorgan
Chase & Co. inter-company debt of similar risk and tenor as provided by the JPMorgan Chase & Co. corporate treasury funding desk. Interest shall be due and payable upon maturity of the loan or on such dates as determined by the Lender
(each, an “Interest Payment Date”). 
 4. Payment. Subject to the limitations on payment set forth in Section 5
hereof, the Lender shall be entitled to and may require the Borrower to, make a payment of the loans, in whole or in part, on any day upon providing at least one (1) Business Day’s prior written notice to the Borrower or such other period
agreed to by the Lender. The Borrower has the right to repay the unpaid balance of the Loans in full or in part at any time without penalty. 

5. Use of Proceeds. The Loans provided pursuant to this Note may be used from time to time to pa y the purchase price for certain
Receivables, Collateral Certificates and increases in the invested amount of Collateral Certificates and also may be used to pay the purchase price for a portion of the Initial Transferred Assets. 

6. Subordination of Obligations. The Lender irrevocably agrees that the obligations of the Borrower under this Note with respect to the
payment of principal and interest are and shall be fully and irrevocably subordinated in right of payment and subject to the prior payment or provision for payment in full of all Senior Indebtedness (as defined below), that such obligations may only
be satisfied to the extent of cash or other assets of the Borrower then available for such purpose after giving effect to all required payments in respect of Senior Indebtedness, and that such obligations shall not constitute a claim against the
Borrower at any time that, and for so long as, cash or such other assets available therefor are insufficient. “Senior Indebtedness” means the principal of and interest, including post-default interest, on any indebtedness of or
guaranteed by the Borrower, if any, whether outstanding or guaranteed on the date hereof or thereafter created, incurred, assumed or guaranteed for money borrowed or for the deferred purchase price of property purchased by any person;
provided, however, that Senior Indebtedness shall not include any obligation of or guarantee by the Borrower, whether outstanding or guaranteed on the date hereof of thereafter created, incurred, assumed or guaranteed that by
agreement, operation of law or by its terms is subordinated in right of payment to this Note; provided, further, that the Borrower, as a bankruptcy remote special purpose entity, is not expected to incur or guarantee any indebtedness.
In the event of the appointment of a receiver or trustee of the Borrower or in the event of its insolvency, bankruptcy, assignment for the benefit of creditors or reorganization, whether or not pursuant to the bankruptcy laws, or any other
marshalling of the assets and liabilities of the Borrower, the Lender shall not be entitled to participate or share, ratably or otherwise, in the distribution of the assets of the Borrower until all claims of all other present and future creditors
of the Borrower, whose claims are senior hereto, have been fully satisfied, or provisions have been made therefor. 
 7. Acceleration Upon
Certain Events. The Borrower’s obligation to pay the unpaid principal amount hereof shall forthwith mature, together with interest accrued thereon, in the event of any receivership, insolvency, liquidation, bankruptcy, assignment for the
benefit of creditors, reorganization whether or not pursuant to bankruptcy laws, or any other marshalling of the assets and liabilities of the Borrower, but payment of the same shall remain subordinated as hereinabove set forth. 

  
 D-2 

 8. Effect of Default. Default in any payment hereunder, including the payment of interest,
shall not accelerate the maturity hereof except as herein specifically provided, and the obligation to make payments shall remain subordinated as hereinabove set forth. 

9. Upon Whom Binding. The provisions of this Note shall be binding upon the Lender, its successors and assigns and upon the Borrower.

 10. GOVERNING LAW. THIS NOTE SHALL BE CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE, WITHOUT REFERENCE TO ITS
CONFLICT OF LAW PROVISIONS, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 

11. Cancellation. This Note may only be cancelled with the consent of both the Lender and the Borrower. 

12. No Security. The Lender agrees that it is not taking and will not take or assert as security for the payment of this Note any
security interest in or lien upon, whether created by contract, statute or otherwise, any property of the Borrower or any property in which the Borrower may have an interest, which is or at any time may be in possession or subject to the control of
the Lender. The Lender hereby waives, and further agrees that it will not seek to obtain payment of this Note in whole or in any part by exercising any right of set-off it may assert or possess whether created by contract, statute or otherwise. Any
agreement between the Borrower and the Lender (whether in the nature of a general loan and collateral agreement, a security or pledge agreement or otherwise), shall be deemed amended hereby to the extent necessary so as not to be inconsistent with
the provisions of this Note. 
 13. Assignment. This Note shall inure to the benefit of and be binding upon the parties hereto and
each of their respective successors and assigns. The Borrower may not assign or transfer any of its rights or obligations hereunder without the prior written consent of the Lender. 

14. No Bankruptcy Petition Against the Borrower. The Lender (in its capacity as Lender, but in no other capacity), by its acceptance of
this Note, hereby covenants and agrees that, prior to the Maturity Date, it will not institute against or join any other Person in instituting against the Borrower any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings or
other similar proceeding under the laws of the United States or any state of the United States. 

  
 D-3 

 IN WITNESS WHEREOF, the undersigned has caused this Note to be executed by its officers or
employees thereunto duly authorized and directed by appropriate corporate authority. 
  

			
	CHASE CARD FUNDING LLC
		
	By:	 	 
		 	 Name:

		 	 Title:

 

			
	
	THE TERMS AND CONDITIONS
	HEREOF ARE HEREBY ACKNOWLEDGED
	AND ACCEPTED:
	
	CHASE BANK USA, NATIONAL ASSOCIATION
		
	By:	 	 
		 	Name:
		 	Title:

  
 D-4

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