Document:

Exhibit

Exhibit 10.14.2
SECOND AMENDMENT TO 
MASTERCARD ACCEPTANCE AGREEMENT
THIS SECOND AMENDMENT TO THE MASTERCARD ACCEPTANCE AGREEMENT (this "Second Amendment") is effective as of June 22, 2015 (the "Amendment Effective Date") and is entered into by and between MasterCard International Incorporated, with its principal offices at 2000 Purchase Street, Purchase, New York 10577 ("MasterCard"), and USA Technologies, Inc., with its principal offices at 100 Deerfield Lane, Malvern, PA 19355, for itself and its Affiliates ("Merchant"), and it amends that certain MasterCard Acceptance Agreement between MasterCard and Merchant, as amended by that certain First Amendment to the MasterCard Acceptance Agreement between MasterCard and Merchant, dated as of February 19, 2015 (the "Agreement"). Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to them in the Agreement.
WHEREAS, MasterCard and Merchant desire to modify certain of the terms set forth in the Agreement as provided for in this Second Amendment.
NOW, THEREFORE, in consideration of the promises, mutual covenants and agreements herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree, as follows:
1. Amendment. 
		
	(a)
	Section 5 of Exhibit B is hereby deleted in its entirety and replaced with the following:

5.    Reports. Merchant agrees that it shall provide written reports to MasterCard on a
quarterly basis throughout the Term which such reports shall be true and accurate and shall include the following information (in the case of (i) and (ii), both for the just-completed quarter and for the corresponding quarter during the immediately preceding calendar year): (i) Qualified Volume generated during the applicable quarters; (ii) MasterCard share of all Volume generated during the applicable quarters; and (iii) the following information completed in the table below for the just-completed quarter:
	
				
	MCC
	Total   #   of
Customers
	Total Number of Card Readers Units
	Total Number of Cash Only Machines

	 
	 
	 
	 

	 
	 
	 
	 

		
	(b)
	Exhibit C of the Agreement shall, as of the Amendment Effective Date, be modified by deleting the definition of "Applicable Transactions" in its entirety and replacing it with the following:

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"(b) "Applicable Transactions" means payments processed using the Company Products and authorized, cleared and settled by MasterCard under one of the codes set forth in Exhibit D."
(c) Exhibit D is hereby added to the Agreement as follows:
EXHIBIT D
MCC CODES FOR APPLICABLE TRANSACTIONS
	
			
	MCC
	Industry
	Unattended Equipment

	7399
	Business Services—not elsewhere classified
	Copiers

	7996
	Amusement Parks, Carnivals, Circuses, Fortune Tellers
	Kiddie rides

	7994
	Video Game Arcades/Establishments
	Video Game

	7211
	Laundry Services—Family and Commercial
	Laundry

	7523
	Automobile Parking Lots and Garages
	EV charging (Electronic Vehicle Charging)

	7523
	Automobile Parking Lots and Garages
	Parking &Ticketing

	5921
	Package Stores, Beer, Wine, and Liquor
	Alcohol — Beer Machines

	7994
	Video Game Arcades/Establishments
	Gaming

	7299
	Other Services—not elsewhere classified
	Air/VAC

	7299
	Other Services—not elsewhere classified
	Recycle

2

	
			
	7542
	Car Washes
	Car Wash

	5814
	Fast Food Restaurant
	Food & Beverage Vending

	7994
	Video Game Arcades/Establishments
	Photo Booth

	5992
	Florists
	Flowers

	5999
	Specialty Stores
	Misc Kiosks

	7299
	Other Services—not elsewhere classified
	PPE - Personal protected  
equipment

	7299
	Other Services—not elsewhere classified
	stroller rental, bike rental, locker rental, and luggage card rental

	7297
	Massage Parlors
	massage chairs fall

	7992
	Golf Courses, Public
	range ball golf machines fall

2. Miscellaneous. 
(a) Representation as to Authority. Each of Merchant and MasterCard hereby represents and warrants that it has all requisite corporate power and authority to enter into this Second Amendment.
(b) Counterparts. This Second Amendment may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute a single instrument.

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	(c)
	 Effectiveness, This Second Amendment shall become effective, in accordance with      its terms, as of the Amendment Effective Date. Except as expressly modified herein, all terms of the Agreement shall remain in full force and effect as stated in the Agreement and, in the event of a conflict between the terms of this Second Amendment and the Agreement, the terms of this Second Amendment shall govern.

		
	(d) 
	No Other Amendments; Confirmation. Except as expressly amended, modified and supplemented hereby, the provisions of the Agreement are and shall remain in full force and effect.

		
	(e) 
	Governing Law. This Second Amendment shall be governed by and construed in accordance with the substantive laws of the State of New York, without regard to its conflicts of laws principles,

***

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IN WITNESS WHEREOF, the parties hereto have executed this Second Amendment to the Agreement.

MASTERCARD INTERNATIONAL 
INCORPORATED

By: /s/ Michael D. Cyr            

Title: EVP, U.S. Market Development

Date: July 13, 2015            

USA TECHNOLOGIES, INC.

By: /s/ David M. DeMedio        

Title: Chief Financial Officer        

Date: June 29, 2015            

    

5Exhibit

Exhibit 10.14.3

THIRD AMENDMENT TO THE
MASTERCARD ACCEPTANCE AGREEMENT
This Third Amendment to the Mastercard Acceptance Agreement (this "Third Amendment"), effective as of the last date of its mutual execution by the parties hereto, and is entered into between Mastercard International Incorporated ("Mastercard") and USA Technologies, Inc. ("USAT").
WHEREAS, Mastercard and USAT are parties to that certain Mastercard Acceptance Agreement, last executed on January 8, 2015 (as amended, the "Agreement"); and
WHEREAS, the Parties desire to amend the Agreement to modify the terms as stated herein; and
NOW, THEREFORE, in consideration of the promises, mutual covenants and agreements herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree, as follows:
1.    Amendments. 
(a)    The definition of "Term" will be deleted in its entirety and replaced with the following:
"The period from the Effective Date until March 1, 2019 (the "Initial Term"). The Initial Term will automatically renew for successive one year renewal terms (each, a "Renewal Term" and, together with the Initial Term, the "Term"), unless either Party provides the other Party with written notice at least 60 days prior to the end of a Term."
(b)    Section 5 of Exhibit B is deleted in its entirety and replaced with the following:
"Reports. Merchant agrees that it will provide written reports to Mastercard on a quarterly basis which such reports will be true and accurate and will include the following: (1) a listing of all participating merchants (Merchant Name and MID) in this program and (2) the number of all active cashless (physical card & contactless capable) Company Products residing in the Territory."
(c)    The following Sections 6, 7 and 8 will be added after Section 5:
“6.    2-BIN. Merchant will accept all Mastercard Cards with 2-series BINs for all transactions.
“7.    Contactless Transactions. Merchant will ensure a minimum of 98% acceptance rate for all contactless transactions, including, without limitation, all digital wallets, physical cards, and contactless dual-interface chip cards.
“8.    Condition. If Merchant does not comply with all of its commitments in this Agreement, then Mastercard has the right to adjust the Mastercard Interchange Rates to the Published Rate for the remainder of the Term. Mastercard will provide Merchant with at least 30 days' prior written notice of any such rate change."
(d)    The definition of "Company Products" will be deleted in its entirety and replaced with the following:
"Company Products" means coffee machines, vending machines, kiosks, laundry equipment and other self-service hardware, machines and equipment owned, licensed, developed or operated by Merchant or its customers in the Territory. For the avoidance of doubt, Company Products includes the assets of Cantaloupe Systems, Inc., which was acquired by the Merchant on November 9, 2017.

(e)    The definition of "Published Rate" will be added to Exhibit C in alphabetical order:
"Published Rate" means the interchange rate published by Mastercard from time-to-time in the publication titled: "U.S. Region Interchange Programs and Rates."
		
	2.
	Agreement. Except as amended hereby, the Agreement will remain in full force and effect according to its terms and will be read and construed as if the terms of this Third Amendment were included therein.

		
	3.
	Counterparts. This Third Amendment may be executed in counterparts, each of which will constitute an original and all of which when taken together will constitute one and the same instrument. This Third Amendment may be executed and delivered by facsimile or PDF transmission.

IN WITNESS WHEREOF, Mastercard and USAT have caused this Third Amendment to the Mastercard Acceptance Agreement to be executed and delivered by their duly authorized officers as of the latest date written below:
MASTERCARD INTERNATIONAL INCORPORATED    USA TECHNOLOGIES, INC.

By:    /s/ Linda Kirkpatrick                        By: /s/ Michael Lawlor            

  Name: Linda Kirkpatrick                        Name: Michael Lawlor            

  Title: Executive Vice President, US Market Development        Title: Chief Services Officer        

  Date: July 16, 2018                            Date: July 17, 2018Exhibit

Exhibit 10.15.1

INTEGRATOR AMENDMENT (2018)
TO
THIRD PARTY PAYMENT PROCESSOR AGREEMENT 

INTEGRATOR/TP3 NAME: USA Technologies, Inc.

This Integrator Amendment to the Third Party Payment Processor Agreement (the “Amendment”) amends and attaches to the Third Party Payment Processor Agreement, dated on or about April 24, 2015, as may have been amended (the “Agreement), between Paymentech, LLC (“Paymentech”), for itself and on behalf of JPMorgan Chase Bank, N.A. a national banking association (“Member”), and USA Technologies, Inc. (“USA Technologies” or “TP3”).  This Amendment is dated as of the date last signed below (the “Effective Date”).  Except as otherwise defined herein, capitalized terms used herein shall have the meaning assigned to them in the Agreement.  All references to section numbers herein shall refer to the corresponding section of the Agreement.  To the extent that any conflict or inconsistency exists between the terms of this Amendment and the Agreement, the terms of this Amendment will control. 

WHEREAS, USA Technologies entered into the Agreement in order to submit Transaction Records to Paymentech for payment processing for itself and on behalf of certain of its business customers (“Program Merchants”) as a third-party payment provider. 

WHEREAS, certain customers utilizing the payment processing services of Paymentech (“Chase Merchants”), which are not Program Merchants, will, from time to time, use the services, payment solutions, and/or software (collectively, the “Integrator Services”) provided by USA Technologies, in connection with the transmission, but not settlement, of certain payment information originating at points of sale owned or operated by the Chase Merchants, which may include, without limitation, credit and/or debit account numbers, expiration dates, and zip codes (collectively, “Cardholder Data”).

1.    ADDITIONAL INTEGRATOR OBLIGATIONS:

		
	(a)
	Client List.  USA Technologies will provide Paymentech annually, as well as upon Paymentech’s request from time to time, a current, complete and accurate list of active Chase merchants for which USA Technologies provides Integrator Services or software subject to the Security Standards (a “Client List”); and 

		
	(b)
	Company-Specific Unique Identifier. USA Technologies agrees that it will obtain from Paymentech (during the certification process), and thereafter include in every file submitted to Paymentech by USA Technologies, its payment solutions or its software, a unique identifier associated with USA Technologies and/or its payment solution or software; and

		
	(c)
	Duty to Protect Cardholder Data.  In addition to its obligations under the Agreement to secure and protect Cardholder Data, USA Technologies shall bear responsibility, and shall reimburse Paymentech for the payment of any assessments, fines, fees, penalties or other amounts which may relate to any Data Compromise Event, violation of the Security Standards, or any acts or omissions of USA Technologies which arise solely from the Integrator Services and/or its payment solution or software.

2.    TERMINATION OF INTEGRATOR SERVICES.
This Amendment shall remain in effect from the Effective Date until: (i) it is terminated by Paymentech upon 30 days prior written notice to USA Technologies, or (ii) in the event that no Chase Merchants, which are not Program Merchants, are currently utilizing the Integrator Services and USA Technologies does not reasonably anticipate providing Integrator Services to any Chase Merchant in the foreseeable future, the Amendment may be terminated by USA Technologies upon 30 days prior written notice to Paymentech; provided, however, that in the event the Amendment is terminated, USA Technologies shall continue to bear responsibility for the payment of any fines, fees, penalties or other amounts due hereunder which relate to any Data Compromise Event, violation of the Security Standards, or any acts or omissions of USA Technologies which arise from the Integrator Services and/or its payment solution or software and which may have occurred prior to the date of such termination.  In the event that this Amendment is terminated by either party, the Agreement shall remain in full force and effect, until and unless otherwise terminated in accordance with its terms.

		
	3.
	CONTINUED EFFECT:  

		
	(a)
	Any and all provisions of the Agreement which, by their terms and implication, apply to settlement of transactions by USA Technologies, including but not limited to Section 3. Refunds and Adjustment, Section 4. Settlement, Section 7. Chargebacks, and Section 9. Fees, shall not be applicable to the Integrator Services provided by USA Technologies pursuant to this Integrator Amendment.

		
	(b)
	Except to the extent amended hereby, and except as set forth in sub-section (a) of this Section 3, all terms, provisions and conditions of the Agreement are hereby ratified and shall continue in full force and effect and the Agreement shall remain enforceable and binding in accordance with its terms.

This Amendment shall be effective on the Effective Date.

Agreed and Accepted by:

USA TECHNOLOGIES, INC.
100 Deerfield Lane, Suite 300 Malvern, PA 19301     
Legal Address (Print or Type)
/s/ Michael Lawlor    
By (authorized signature)
Michael Lawlor – Chief Services Officer    
By, Name, Title (Print or Type)
September 27, 2018    
Date
 
Agreed and Accepted by:

PAYMENTECH, LLC, for itself and on behalf of 
JPMorgan Chase Bank, N.A.

By:    /s/ Thomas J. Arellano    

Print Name:   Thomas J. Arellano    

Title:   Vice President, Credit Operations    

Date:  October 22, 2018    

Address:  8181 Communications Pkwy, Plano, TX 75024

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