Document:

EMPLOYMENT
AGREEMENT

 

EMPLOYMENT
AGREEMENT, dated as of September 9, 2019, by and between VALUESETTERS, INC., a Utah corporation (the “Company”),
and COREEN KRAYSLER, an individual (the “Employee”).

 

W I T N E S S E T H:

 

WHEREAS,
the Company desires to employ the Employee as Chief Financial Officer of the Company and wishes to acquire and be assured of Employee’s
services on the terms and conditions hereinafter set forth; and

 

WHEREAS,
the Employee desires to be employed by the Company and to perform and to serve the Company on the terms and conditions hereinafter
set forth;

 

NOW, THEREFORE,
in consideration of the mutual terms, covenants, agreements and conditions hereinafter set forth, the Company and the Employee
hereby agree as follows:

 

1.       Employment.
(a) The Company hereby employs the Employee to serve as a full-time employee of the Company, and the Employee hereby accepts such
employment with the Company, for the period set forth in Section 2 hereof. The Employee’s principal place of employment
shall be at the offices at 745 Atlantic Avenue, Boston MA, 02111, or such other location as determined by the Company, provided
however, that the Employee’s principal place of employment shall not be relocated more than 25 miles from its current
location without the prior written consent of the Employee.

 

(b)       The
Employee affirms and represents that (i) the Employee is under no obligation to any former employer or other party that is in
any way inconsistent with, or that imposes any restriction upon, the Employee’s acceptance of employment hereunder with
the Company, the employment of the Employee by the Company, or the Employee’s undertakings under this Agreement and (ii)
her performance of all the terms of this Agreement and her employment by the Company does not and will not breach any agreement
to keep in confidence proprietary information acquired by her in confidence or in trust prior to her employment by the Company.

 

2.       Term.
Unless earlier terminated as provided in this Agreement, the term of the Employee’s employment under this Agreement shall
be for a period beginning on the date hereof and ending on July 31, 2021 or, if the Employee’s employment hereunder is earlier
terminated, such shorter period, being hereinafter called the “Employment Term”).

 

 

 

3.       Duties.

 

(a)The
Employee shall be employed as Chief Financial Officer. The Employee shall faithfully and competently perform such duties at such
times and places and in such manner as the Company may from time to time reasonably direct or such other duties appropriate to
a senior executive managerial position as the Board of Directors of the Company shall from time to time determine.

 

(b)Except
as may otherwise be approved in writing by the Board of Directors of the Company, and except during vacation periods and reasonable
periods of absence due to sickness, personal injury or other disability, the Employee shall devote a minimum of 35 hours per week
of time throughout the Employment Term to the services required of Employee hereunder. The Employee shall use her best efforts,
judgment and energy to improve and advance the business and interests of the Company and its Affiliates in a manner consistent
with the duties of Employee’s position.

    	 

    	 

    

 

4.       Salary
and Bonus.

 

(a)       Base
Salary. In consideration for the services of the Employee rendered hereunder, the Company shall pay the Employee a base salary
(the “Base Salary”) at an annual rate of $1.00 during the Employment Term, plus twenty-five million shares
of common stock, par value $0.001 of the Company to be issued immediately as a prepaid compensation (the “Prepaid Compensation”)..

 

(b) Bonus.
Employee shall be eligible for periodic bonuses throughout the year, or for additional salary in excess of the Base Salary.

 

(c)       Withholding,
Etc. The payment of any salary or bonus hereunder shall be subject to income tax, social security and other applicable withholdings,
as well as such deductions as may be required under the Company’s employee benefit plans.

 

5.Benefits. (a)During
the Employment Term, the Employee shall be:

 

(i)eligible to participate in all employee fringe benefits and any pension and/or profit sharing plans that may be provided
by the Company for its key executive employees in accordance with the provisions of any such plans, as the same may be in effect
on and after the date hereof;

 

(ii)       eligible
to participate in any medical and health plans or other employee welfare benefit plans that may be provided by the Company for
its key executive employees in accordance with the provisions of any such plans, as the same may be in effect on and after the
date hereof;

(iii) entitled to up to eight (8) weeks of paid time off (“PTO”) each year, which shall be taken at such time
or times as will not unreasonably hinder or interfere with the Company’s business or operations; provided, however, that
unused PTO in any 12-month period shall be forfeited and the Employee hereby waives any rights under applicable law or otherwise
to be compensated in respect thereof;

 

(iv)entitled to sick leave, sick pay and disability benefits in accordance with any Company policy that may be applicable
on and after the date hereof to key executive employees; and

 

(v)entitled to reimbursement for all reasonable and necessary out-of-pocket business expenses incurred by the Employee in
the performance of the Employee’s duties hereunder in accordance with the Company’s policies applicable (on and after
the date hereof) thereto.

 

(b)       Employee
shall cooperate with the Company in the event the Company wishes to obtain key-woman insurance on the Employee. Such cooperation
shall include, but not be limited to taking any physical examinations that may be requested by the insurance company.

 

6.       Inventions
and Confidential Information. The Employee hereby covenants, agrees and acknowledges as follows:

 

(a)       The
Company is engaged in a continuous program of research, design, development, production, marketing and servicing with respect
to its businesses.

    	 

    	 

    

 

(b)       The
Employee’s employment hereunder creates a relationship of confidence and trust between the Employee and the Company with
respect to certain information pertaining to the business of the Company and its Affiliates (as hereinafter defined) or pertaining
to the business of any client or customer of the Company or its Affiliates which may be made known to the Employee by the Company
or any of its Affiliates or by any client or customer of the Company or any of its Affiliates or learned by the Employee during
the period of Employee’s employment by the Company.

 

(c)       The
Company possesses and will continue to possess information that has been created, discovered or developed by, or otherwise become
known to it (including, without limitation, information created, discovered or developed by, or made known to, the Employee during
the period of Employee’s employment or arising out of Employee’s employment) or in which property rights have been
or may be assigned or otherwise conveyed to the Company, which information has commercial value in the business in which the Company
is engaged and is treated by the Company as confidential.

 

(d)       Any
and all inventions, products, discoveries, improvements, processes, manufacturing, marketing and services methods or techniques,
formulae, designs, styles, specifications, data bases, computer programs (whether in source code or object code), know-how, strategies
and data, whether or not patentable or registrable under copyright or similar statutes, made, developed or created by the Employee
(whether at the request or suggestion of the Company, any of its Affiliates, or otherwise, whether alone or in conjunction with
others, and whether during regular hours of work or otherwise) during the period of Employee’s employment by the Company
which may pertain to the business, products, or processes of the Company or any of its Affiliates (collectively hereinafter referred
to as “Inventions”), will be promptly and fully disclosed by the Employee to an appropriate executive officer
of the Company (other than the Employee) without any additional compensation therefor, all papers, drawings, models, data, documents
and other material pertaining to or in any way relating to any Inventions made, developed or created by Employee as aforesaid.
For the purposes of this Agreement, the term “Affiliate” or “Affiliates” shall mean any
person, corporation or other entity directly or indirectly controlling or controlled by or under direct or indirect common control
with the Company. For the purposes of this definition, “control” when used with respect to any person, corporation
or other entity means the power to direct the management and policies of such person or entity, directly or indirectly, whether
through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled”
have meanings correlative to the foregoing.

 

(e)       The
Employee will keep confidential and will hold for the Company’s sole benefit any Invention which is to be the exclusive
property of the Company under this Section 6 for which no patent, copyright, trademark or other right or protection is issued.

 

(f)       The
Employee also agrees that the Employee will not without the prior written consent of the Board of Directors of the Company (i)
use for Employee’s benefit or disclose at any time during Employee’s employment by the Company, or thereafter, except
to the extent required by the performance by the Employee of the Employee’s duties as an employee of the Company, any information
obtained or developed by Employee while in the employ of the Company with respect to any Inventions or with respect to any customers,
clients, suppliers, products, employees, financial affairs, or methods of design, distribution, marketing, service, procurement
or manufacture of the Company or any of its Affiliates, or any confidential matter, except information which at the time is generally
known to the public other than as a result of disclosure by the Employee not permitted hereunder, or (ii) take with the Employee
upon leaving the employ of the Company any document or paper relating to any of the foregoing or any physical property of the
Company or any of its Affiliates.

 

(g)       The
Employee acknowledges and agrees that a remedy at law for any breach or threatened breach of the provisions of this Section 6
would be inadequate and, therefore, agrees that the Company and its Affiliates shall be entitled to injunctive relief in addition
to any other available rights and remedies in case of any such breach or threatened breach; provided, however, that
nothing contained herein shall be construed as prohibiting the Company or any of its Affiliates from pursuing any other rights
and remedies available for any such breach or threatened breach.

 

(h)       The
Employee agrees that upon termination of Employee’s employment by the Company for any reason, the Employee shall immediately
return to the Company all documents, records and other property in Employee’s possession belonging to the Company or any
of its Affiliates.

 

(i)       Without
limiting the generality of Section 9 hereof, the Employee hereby expressly agrees that the foregoing provisions of this Section
6 shall be binding upon the Employee’s heirs, successors and legal representatives.

 

7.       Termination.
(a) The Employee’s employment hereunder shall be terminated upon the occurrence of any of the following:

    	 

    	 

    

 

(i)       death
of the Employee;

 

(ii)       termination
of the Employee’s employment hereunder by the Employee at any time for any reason whatsoever (including, without limitation,
resignation or retirement) other than for “good reason” as contemplated by clause (v)(B) below;

 

(iii)        termination
of the Employee’s employment hereunder by the Company because of the Employee’s inability to perform Employee’s
duties on account of disability or incapacity for a period of ninety (90) or more days, whether or not consecutive, occurring
within any period of twelve (12) consecutive months;

 

(iv)       termination
of the Employee’s employment hereunder by the Company at any time for “cause” (as hereinafter defined), such
termination to take effect immediately upon written notice from the Company to the Employee; and

 

(v)       termination
of the Employee’s employment hereunder (A) by the Company at any time, other than termination by reason of disability or
incapacity as contemplated by clause (iii) above or termination by the Company for “cause” as contemplated by clause
(iv) above and (B) by the Employee for “good reason” (as hereinafter defined).

 

The following
actions, failures or events shall constitute “cause” for termination within the meaning of clause (iv) above: (i)
the Employee’s conviction of, admission of guilt to or plea of nolo contendere or similar plea (which, through lapse
of time or otherwise, is not subject to appeal) with respect to any crime or offense that constitutes a felony in the jurisdiction
involved; (2) acts of dishonesty or moral turpitude which are materially detrimental to the Company and/or its Affiliates; (3)
failure by the Employee to obey the reasonable and lawful orders of the Board of Directors of the Company following written notice
of such failure from the Board of Directors of the Company; (4) any act by the Employee in violation of Section 8 hereof, any
statement or disclosure by the Employee in violation of Section 6 hereof, or any material breach by the Employee of a representation
or warranty contained in Section 1(b) hereof; (5) following written notice from the Board of Directors of the Company of prior
similar actions by Employee, excessive absenteeism (other than by reason of disability); (6) following written notice from the
Board or Directors of the Company of prior similar actions by Employee, excessive alcoholism or addiction to drugs not prescribed
by a qualified physician or (7) gross negligence by the Employee in the performance of, or willful disregard by the Employee of,
the Employee’s obligations hereunder.

 

The following
actions, failures or events shall constitute “good reason” within the meaning of clause (V)(B) above: a material breach
by the Company of its obligations under this Agreement or a change in majority control of the Company.

 

(a)       In
the event that the Employee’s employment is terminated by the Company prior to July 31, 2021 for any reason other than “cause”
or by Employee for “good reason,” then the Company shall have no claims to the 25 million shares of common stock issued
to the Employee and the Company agrees to not hinder and to cooperate with the Employee in depositing those shares in a brokerage
account, or selling those shares to a third party.

 

(b)       In
the event Employee resigns, without “good reason,” or retires before the end of the Employment Term, the Prepaid Compensation
shall be prorated based on the number of months the Employee was employed, divided by the 24-month term of this Employment Agreement.
Employee agrees to return the 25 million share certificate to the Company’s transfer agent with instructions to reissue
a new certificate to the Employee equal to 25,000,000 shares times x divided by 24, where x is the number of months worked from
September 1, 2019 until Employee’s resignation, and to further instruct the transfer agent to return the remaining shares
from the original 25 million share certificate to the Company.

 

(c)       No
interest shall accrue on or be paid with respect to any portion of any payments hereunder.

 

8.       Non-Competition.
(a) The term “Non-Compete Term” shall mean the period during which Employee is employed hereunder and (x) in
the event Employee’s employment is terminated by the Company for any reason other than “cause” or by Employee
for “good reason,” the three-month period following such termination, (y) in the event Employee’s employment
is terminated by the Company for “cause” or by Employee for any reason other than “good reason,” the six-month
period following such termination.

During the
Non-Compete Term:

 

(i)the
Employee will not make any statement or perform any act intended to advance an interest of any existing or prospective competitor
of the Company or any of its Affiliates in any way that will or may injure an interest of the Company or any of its Affiliates
in its relationship and dealings with existing or potential customers or clients, or solicit or encourage any other employee of
the Company or any of its Affiliates to do any act that is disloyal to the Company or any of its Affiliates or inconsistent with
the interest of the Company or any of its Affiliate’s interests or in violation of any provision of this Agreement;

    	 

    	 

    

 

(ii)the
Employee will not discuss with any existing or potential customers or clients of the Company or any of its Affiliates the present
or future availability of services or products of a business, if the Employee has or expects to acquire a proprietary interest
in such business or is or expects to be an employee, officer or director of such business, where such services or products are
competitive with services or products which the Company or any of its Affiliates provides;

 

(iii)the
Employee will not make any statement or do any act intended to cause any existing or potential customers or clients of the Company
or any of its Affiliates to make use of the services or purchase the products of any competitive business in which the Employee
has or expects to acquire a proprietary interest or in which the Employee is or expects to be made an employee, officer or director,
if such services or products in any way compete with the services or products sold or provided or expected to be sold or provided
by the Company or any of its Affiliates to any existing or potential customer or client; and

 

(iv)the
Employee will not directly or indirectly (as a director, officer, employee, manager, consultant, independent contractor, advisor
or otherwise) engage in competition with, or own any interest in, perform any services for, participate in or be connected with
(i) any business or organization which engages in competition with the Company or any of its Affiliates in any geographical area
where any business is presently carried on by the Company or any of its Affiliates, or (ii) any business or organization which
engages in competition with the Company or any of its Affiliates in any geographical area where any business shall be hereafter,
during the period of the Employee’s employment by the Company, carried on by the Company or any of its Affiliates, if such
business is then being carried on by the Company or any of its Affiliates in such geographical area; provided, however,
that the provisions of this Section 8(a) shall not be deemed to prohibit the Employee’s ownership of not more than one percent
(1%) of the total shares of all classes of stock outstanding of any publicly held company.

 

(b)       During
the Non-Compete Term, the Employee will not directly or indirectly hire, engage, send any work to, place orders with, or in any
manner be associated with any supplier, contractor, subcontractor or other person or firm which rendered manufacturing or other
services, or sold any products, to the Company or any of its Affiliates if such action by Employee would have a material adverse
effect on the business, assets or financial condition of the Company or any of its Affiliates.

 

(c)       In
connection with the foregoing provisions of this Section 8, the Employee represents that Employee’s experience, capabilities
and circumstances are such that such provisions will not prevent Employee from earning a livelihood. The Employee further agrees
that the limitations set forth in this Section 8 (including, without limitation, any time or territorial limitations) are reasonable
and properly required for the adequate protection of the businesses of the Company and its Affiliates. It is understood and agreed
that the covenants made by the Employee in this Section 8 (and in Section 6 hereof) shall survive the expiration or termination
of this Agreement.

 

(d)       For
purposes of this Section 8, proprietary interest in a business is ownership, whether through direct or indirect stock holdings
or otherwise, of one percent (1%) or more of such business. The Employee shall be deemed to expect to acquire a proprietary interest
in a business or to be made an officer or director of such business if such possibility has been discussed with any officer, director,
employee, agent, or promoter of such business.

 

(e)       The
Employee acknowledges and agrees that a remedy at law for any breach or threatened breach of the provisions of this Section 8
would be inadequate and, therefore, agrees that the Company and any of its Affiliates shall be entitled to injunctive relief in
addition to any other available rights and remedies in cases of any such breach or threatened breach; provided, however,
that nothing contained herein shall be construed as prohibiting the Company or any of its Affiliates from pursuing any other rights
and remedies available for any such breach or threatened breach.

 

9.       Non-Assignability.
(a) Neither this Agreement nor any right or interest hereunder shall be assignable by the Employee, Employee’s beneficiaries,
or legal representatives without the Company’s prior written consent; provided, however, that nothing in this
Section 9(a) shall preclude the Employee from designating a beneficiary to receive any benefit payable hereunder upon Employee’s
death or incapacity.

 

(b)       Except
as required by law, no right to receive payments under this Agreement shall be subject to anticipation, commutation, alienation,
sale, assignment, encumbrance, charge, pledge, or hypothecation or to exclusion, attachment, levy or similar process or assignment
by operation of law, and any attempt, voluntary or involuntary, to effect any such action shall be null, void and of no effect.

 

10.       Binding
Effect. Without limiting or diminishing the effect of Section 9 hereof, this Agreement shall inure to the benefit of and be
binding upon the parties hereto and their respective heirs, successors, legal representatives and assigns.

 

11.        Notice.
Any notice required or permitted to be given under this Agreement shall be sufficient if in writing and either delivered in person
or sent by first class certified or registered mail, postage prepaid, if to the Company, at the Company’s principal place
of business, and if to the Employee, at Employee’s home address, or, in the case of either party, to such other address
or addresses as such party shall have designated in writing to the other party hereto.

    	 

    	 

    

 

12.       Severability.
The Employee agrees that in the event that any court of competent jurisdiction shall finally hold that any provision of Section
6 or 8 hereof is void or constitutes an unreasonable restriction against the Employee, such provision shall not be rendered void
but shall apply with respect to such extent as such court may judicially determine constitutes a reasonable restriction under
the circumstances. If any part of this Agreement other than Section 6 or 8 is held by a court of competent jurisdiction to be
invalid, illegible or incapable of being enforced in whole or in part by reason of any rule of law or public policy, such part
shall be deemed to be severed from the remainder of this Agreement for the purpose only of the particular legal proceedings in
question and all other covenants and provisions of this Agreement shall in every other respect continue in full force and effect
and no covenant or provision shall be deemed dependent upon any other covenant or provision.

 

13.       Waiver.
Failure to insist upon strict compliance with any of the terms, covenants or conditions hereof shall not be deemed a waiver of
such term, covenant or condition, nor shall any waiver or relinquishment of any right or power hereunder at any one or more times
be deemed a waiver or relinquishment of such right or power at any other time or times.

 

14.       Entire
Agreement; Modifications. This Agreement constitutes the entire and final expression of the agreement of the parties with
respect to the subject matter hereof and supersedes all prior agreements, oral and written, between the parties hereto with respect
to the subject matter hereof. This Agreement may be modified or amended only by an instrument in writing signed by both parties
hereto.

 

15.       Relevant
Law. This Agreement shall be construed and enforced in accordance with the internal laws of the State of Massachusetts without
regard to the conflicts of law principles thereof.

16.Counterparts.This
Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument.

 

17.       Survival.
The termination of Employee’s employment hereunder shall not affect the enforceability of Sections 6 or 8.

 

18.       Further
Assurances. The parties agree to execute and deliver all such further instruments and take such other and further action as
may be reasonably necessary or appropriate to carry out the provisions of this Agreement.

 

19.       Headings.
The Section headings appearing in this Agreement are for purposes of easy reference and shall not be considered a part of this
Agreement or in any way modify, amend or affect its provisions.

 

IN WITNESS
WHEREOF, the Company and the Employee have duly executed and delivered this Agreement as of the day and year first above written.

 

VALUESETTERS,
INC.

 

 

 

By:
/s/ Cecilia Lenk   

Name:
CECILIA LENK

Title:
CEO

 

 

 

 

/s/
Coreen Kraysler 

COREEN
KRAYSLERExhibit 4.1

    

    
       

        BA CREDIT CARD TRUST

      

       

      as Issuer

       

      CLASS A(2019-1) TERMS DOCUMENT

       

      dated as of September 13, 2019

       

      to

       

      THIRD AMENDED AND RESTATED BASERIES INDENTURE SUPPLEMENT

       

      dated as of December 17, 2015

       

      to

       

      FOURTH AMENDED AND RESTATED INDENTURE

       

      dated as of December 17, 2015

       

      THE BANK OF NEW YORK MELLON

       

      as Indenture Trustee

       

      

      
        
          

      

      
      TABLE OF CONTENTS

       

      

      	

            	
              Page

            
	

            	

            

      	
              ARTICLE I

            	
              Definitions And Other Provisions Of General Application

            	
              1

            

      	 	 	

            	 
	 	
              Section 1.01.

            	
              Definitions

            	
              1

            
	 	
              Section 1.02.

            	
              Governing Law; Submission to Jurisdiction; Agent for Service of Process

            	
              5

            
	 	
              Section 1.03.

            	
              Counterparts

            	
              6

            
	 	
              Section 1.04.

            	
              Ratification of Indenture and Indenture Supplement

            	
              6

            
	

            	

            	

            	 

      	
              ARTICLE II

            	
              The Class A(2019-1) Notes

            	
              7

            

      	

            	

            	

            	 
	 	
              Section 2.01.

            	
              Creation and Designation

            	
              7

            
	 	
              Section 2.02.

            	
              Specification of Required Subordinated Amount and other Terms

            	
              7

            
	 	
              Section 2.03.

            	
              Interest Payment

            	
              7

            
	 	
              Section 2.04.

            	
              Payments of Interest and Principal

            	
              8

            
	 	
              Section 2.05.

            	
              Form of Delivery of Class A(2019-1) Notes; Depository; Denominations

            	
              8

            
	 	
              Section 2.06.

            	
              Delivery and Payment for the Class A(2019-1) Notes

            	
              8

            
	 	
              Section 2.07.

            	
              Targeted Deposits to the Accumulation Reserve Account

            	
              8

            
	

            	

            	

            	 

      	
              ARTICLE III

            	
              Representations and Warranties

            	9

      	

            	

            	

            	 
	 	
              Section 3.01.

            	
              Issuer’s Representations and Warranties

            	9

      

      

      
        - i -

        
          

      

      
      THIS CLASS A(2019-1) TERMS DOCUMENT (this “Terms Document”), by and between BA CREDIT CARD TRUST, a statutory trust created under the laws of the State of Delaware (the “Issuer”),
        having its principal office at Rodney Square North, 1100 North Market Street, Wilmington, Delaware 19890, and THE BANK OF NEW YORK MELLON, a New York banking corporation, as Indenture Trustee (the “Indenture Trustee”), is made and entered
        into as of September 13, 2019.

       

      Pursuant to this Terms Document, the Issuer and the Indenture Trustee shall create a new tranche of Class A Notes and shall specify the principal terms thereof.

       

      ARTICLE I

       

      Definitions and Other Provisions of General Application

       

      Section 1.01.       Definitions.  For all purposes of this Terms Document, except as otherwise expressly provided or unless the context otherwise requires:

       

      
        	 	
                (1)

              	
                the terms defined in this Article have the meanings assigned to them in this Article, and include the plural as well as the singular;

              

      

       

      
        	 	
                (2)

              	
                all other terms used herein which are defined in the Third Amended and Restated BAseries Indenture Supplement, dated as of December 17, 2015 (as modified, amended or supplemented from time to time, the “Indenture

                    Supplement”), between the Issuer and the Indenture Trustee, or the Fourth Amended and Restated Indenture, dated as of December 17, 2015 (as modified, amended or supplemented from time to time, the “Indenture”), between the
                  Issuer and the Indenture Trustee, as acknowledged and accepted by BANA, as Servicer, either directly or by reference therein, have the meanings assigned to them therein;

              

      

       

      
        	 	
                (3)

              	
                all accounting terms not otherwise defined herein have the meanings assigned to them in accordance with generally accepted accounting principles and, except as otherwise herein expressly provided, the term
                  “generally accepted accounting principles” with respect to any computation required or permitted hereunder means such accounting principles as are generally accepted in the United States of America at the date of such computation;

              

      

       

      
        	 	
                (4)

              	
                all references in this Terms Document to designated “Articles,” “Sections” and other subdivisions are to the designated Articles, Sections and other subdivisions of this Terms Document as originally
                  executed;

              

      

       

      

      
        	 	
                (5)

              	
                the words “herein,” “hereof” and “hereunder” and other words of similar import refer to this Terms Document as a whole and not to any particular Article, Section or other subdivision;

              

      

       

      

      
        - 1 -

        
          

      

      
        	 	
                (6)

              	
                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 Supplement or the Indenture, the terms and provisions of
                  this Terms Document shall be controlling;

              

      

       

      
        	 	
                (7)

              	
                each capitalized term defined herein shall relate only to the Class A(2019-1) Notes and no other tranche of Notes issued by the Issuer; and

              

      

       

      
        	 	
                (8)

              	
                “including” and words of similar import will be deemed to be followed by “without limitation.”

              

      

       

      “Accumulation Reserve Funding Period” shall mean, (a) if the Accumulation Period Length is determined to be one (1) month, there shall be no Accumulation Reserve Funding Period and (b)
        otherwise, the period (x) commencing on the earliest to occur of (i) the Monthly Period beginning three (3) calendar months prior to the first Transfer Date for which a budgeted deposit is targeted to be made into the Principal Funding sub-Account
        of the Class A(2019-1) Notes pursuant to Section 3.10(b) of the Indenture Supplement, (ii) the Monthly Period following the first Transfer Date following and including the July 2020 Transfer Date for which the Quarterly Excess Available
        Funds Percentage is less than 2%, but in such event the Accumulation Reserve Funding Period shall not be required to commence earlier than 24 months prior to the Expected Principal Payment Date, (iii) the Monthly Period following the first Transfer
        Date following and including the January 2021 Transfer Date for which the Quarterly Excess Available Funds Percentage is less than 3%, but in such event the Accumulation Reserve Funding Period shall not be required to commence earlier than 18
        months prior to the Expected Principal Payment Date, and (iv) the Monthly Period following the first Transfer Date following and including the March 2021 Transfer Date for which the Quarterly Excess Available Funds Percentage is less than 4%, but
        in such event the Accumulation Reserve Funding Period shall not be required to commence earlier than 16 months prior to the Expected Principal Payment Date and (y) ending on the close of business on the last day of the Monthly Period preceding the
        earlier to occur of (i) the Expected Principal Payment Date for the Class A(2019-1) Notes and (ii) the date on which the Class A(2019-1) Notes are paid in full.

       

      “Base Rate” means, with respect to any Monthly Period, the sum of (i) the Weighted Average Interest Rates for the Outstanding BAseries Notes and the Class D Certificate (as such term is
        defined in the Series 2001‐D Supplement), (ii) the Net Servicing Fee Rate (as such term is defined in the Series 2001‐D Supplement) and (iii) so long as BANA or The Bank of New York Mellon is the Servicer, the Servicer Interchange Rate, in each
        case, for such Monthly Period.

       

      

      
        “BAseries Servicer Interchange” means, with respect to any Monthly Period, an amount equal to the product of (a) the Servicer Interchange (as such term is defined in the Series 2001‐D Supplement) with respect
          to such Monthly Period and (b) a fraction the numerator of which is the Weighted Average Available Funds Allocation Amount for the BAseries for such Monthly Period and the denominator of which is the Weighted Average Available Funds Allocation
          Amount for all series of Notes for such Monthly Period.

      

       

      

      
        - 2 -

        
          

      

      “Class A(2019-1) Note” means any Note, substantially in the form set forth in Exhibit A-1 to the Indenture Supplement, designated therein as a Class A(2019-1) Note and duly executed
        and authenticated in accordance with the Indenture.

       

      “Class A(2019-1) Noteholder” means a Person in whose name a Class A(2019-1) Note is registered in the Note Register.

       

      “Class A(2019-1) Termination Date” means the earliest to occur of (a) the Principal Payment Date on which the Outstanding Dollar Principal Amount of the Class A(2019-1) Notes is paid in
        full, (b) the Legal Maturity Date and (c) the date on which the Indenture is discharged and satisfied pursuant to Article VI thereof.

       

      “Class A Required Subordinated Amount of Class B Notes” is defined in Section 2.02(a). 

       

      “Class A Required Subordinated Amount of Class C Notes” is defined in Section 2.02(b).

       

      “Controlled Accumulation Amount” means $104,166,667; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section

          3.10(b)(ii) of the Indenture Supplement, the Controlled Accumulation Amount shall be the amount specified in the definition of “Controlled Accumulation Amount” in the Indenture Supplement.

       

      “Excess Available Funds Percentage” means, with respect to any Transfer Date, the amount, if any, by which the Portfolio Yield for the preceding Monthly Period exceeds the Base Rate for such
        Monthly Period.

       

      “Expected Principal Payment Date” means August 15, 2022.

       

      “Initial Dollar Principal Amount” means $1,250,000,000.

       

      “Interest Payment Date” means the fifteenth day of each month, or if such fifteenth day is not a Business Day, the next succeeding Business Day, commencing October 15, 2019.

       

      “Interest Period” means, with respect to any Interest Payment Date, the period from and including the previous Interest Payment Date (or in the case of the initial Interest Payment Date,
        from and including the Issuance Date) through the day preceding such Interest Payment Date.

       

      “Issuance Date” means September 13, 2019.

       

      “Legal Maturity Date” means January 15, 2025.

       

      

      
        “Note Interest Rate” means a per annum rate equal to 1.74%.

      

       

      

      
        - 3 -

        
          

      

      “Paying Agent” means The Bank of New York Mellon.

       

      “Portfolio Yield” means, with respect to any Monthly Period, the annualized percentage equivalent of a fraction, the numerator of which is (a) the amount of Available Funds allocated to the
        BAseries pursuant to Section 501 of the Indenture, plus (b) the amount of Available Funds distributed pursuant to Sections 4.06(a)(ii) and (iii) of the Series 2001‐D Supplement, plus (c) any Interest Funding sub‐Account
        Earnings on the related Transfer Date, plus (d) any amounts to be treated as BAseries Available Funds pursuant to Sections 3.20(d) and 3.27(a) of the Indenture Supplement, plus (e) the BAseries Servicer Interchange for such Monthly
        Period, minus (f) the excess, if any, of the sum of the PFA Prefunding Earnings Shortfall plus the PFA Accumulation Earnings Shortfall over the sum of the aggregate amount to be treated as BAseries Available Funds for such Monthly Period pursuant
        to Sections 3.04(a)(ii) and 3.25(a) of the Indenture Supplement plus any other amounts applied to cover earnings shortfalls on amounts in the Principal Funding sub‐Account for any tranche of BAseries Notes for such Monthly Period,
        minus (g) the BAseries Investor Default Amount for such Monthly Period, minus (h) the Aggregate Class D Investor Default Amount (as such term is defined in the Series 2001‐D Supplement) for such Monthly Period, and the denominator of which is the
        Weighted Average Floating Allocation Investor Interest (as such term is defined in the Series 2001‐D Supplement) for such Monthly Period.

       

      “Predecessor Note” means, with respect to any particular Note, every previous Note evidencing all or a portion of the same debt as that evidenced by such particular Note; and, for the
        purpose of this definition, any Note authenticated and delivered under Section 306 of the Indenture in lieu of a mutilated, lost, destroyed or stolen Note shall be deemed to evidence the same debt as the mutilated, lost, destroyed or stolen
        Note.

       

      “Quarterly Excess Available Funds Percentage” means, with respect to the July 2020 Transfer Date and each Transfer Date thereafter, the percentage equivalent of a fraction the numerator of
        which is the sum of the Excess Available Funds Percentages with respect to the immediately preceding three Monthly Periods and the denominator of which is three.

       

      “Record Date” means, for any Transfer Date, the last day of the preceding Monthly Period.

       

      “Required Accumulation Reserve sub-Account Amount” means, with respect to any Monthly Period during the Accumulation Reserve Funding Period, an amount equal to (i) 0.5% of the Outstanding
        Dollar Principal Amount of the Class A(2019-1) Notes as of the close of business on the last day of the preceding Monthly Period or (ii) any other amount designated by the Issuer; provided, however, that if such designation is of a
        lesser amount, the Note Rating Agencies shall have provided prior written confirmation that a Ratings Effect will not occur with respect to such change.

       

      

      
        “Servicer Interchange Rate” means, for any Monthly Period, the percentage equivalent of a fraction, the numerator of which is the BAseries Servicer Interchange for such Monthly Period, and the denominator of
          which is the Weighted Average Floating Allocation Investor Interest (as such term is defined in the Series 2001‐D Supplement) for such Monthly Period.

         

        

      

      
        - 4 -

        
          

      

      “Stated Principal Amount” means $1,250,000,000.

       

      “Weighted Average Interest Rates” means, with respect to any Outstanding Notes of a class or tranche of the BAseries or the Class D Certificate (as such term is defined in the Series 2001‐D
        Supplement), or of all of the Outstanding Notes of the BAseries and the Class D Certificate, on any date, the weighted average (weighted based on the Outstanding Dollar Principal Amount of the related Notes on such date or, in the case of the Class
        D Certificate, based on the Class D Investor Interest (as such term is defined in the Series 2001‐D Supplement) on such date) of the following rates of interest:

       

      (a)      in the case of the Class D Certificate or a tranche of Dollar Interest-bearing Notes with no Derivative Agreement for interest, the rate of interest applicable to that tranche or the Class
        D Certificate on that date;

       

      (b)      in the case of a tranche of Discount Notes, the rate of accretion (converted to an accrual rate) of that tranche on that date;

       

      (c)      in the case of a tranche of Notes with a payment due under a Performing Derivative Agreement for interest, the rate at which payments by the Issuer to the applicable Derivative Counterparty accrue on that date
        (prior to the netting of such payments, if applicable); and 

       

      (d)      in the case of a tranche of Notes with a non-Performing Derivative Agreement for interest, the rate specified for that date in the related terms document.

       

      Section 1.02.       Governing Law; Submission to Jurisdiction; Agent for Service of Process.  This Terms Document shall be governed by and construed in accordance with the laws of the State
        of Delaware, without regard to principles of conflict of laws.  The parties hereto declare that it is their intention that this Terms Document shall be regarded as made under the laws of the State of Delaware and that the laws of said State shall
        be applied in interpreting its provisions in all cases where legal interpretation shall be required.  Each of the parties hereto agrees (a) that this Terms Document involves at least $100,000.00, and (b) that this Terms Document has been entered
        into by the parties hereto in express reliance upon 6 DEL. C. § 2708.  Each of the parties hereto hereby irrevocably and unconditionally agrees (a) to be subject to the jurisdiction of the courts of the State of Delaware and of the federal
        courts sitting in the State of Delaware, and (b)(1) to the extent such party is not otherwise subject to service of process in the State of Delaware, to appoint and maintain an agent in the State of Delaware as such party’s agent for acceptance of
        legal process, and (2) that, to the fullest extent permitted by applicable law, service of process may also be made on such party by prepaid certified mail with a proof of mailing receipt validated by the United States Postal Service constituting
        evidence of valid service, and that service made pursuant to (b)(1) or (2) above shall, to the fullest extent permitted by applicable law, have the same legal force and effect as if served upon such party personally within the State of Delaware.

       

      

      
        - 5 -

        
          

      

      Section 1.03.       Counterparts.  This Terms Document 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 and Indenture Supplement.  As supplemented by this Terms Document, each of the Indenture and the Indenture Supplement is in all respects ratified and confirmed and
        the Indenture as so supplemented by the Indenture Supplement as so supplemented and this Terms Document shall be read, taken and construed as one and the same instrument.

       

      [END OF ARTICLE I]

      

      

      
        - 6 -

        
          

      

      ARTICLE II

       

      The Class A(2019-1) Notes

       

      Section 2.01.       Creation and Designation.  There is hereby created a tranche of BAseries Class A Notes to be issued pursuant to the Indenture and the Indenture Supplement to be known as
        the “BAseries Class A(2019-1) Notes.”

       

      Section 2.02.       Specification of Required Subordinated Amount and other Terms.

       

      (a)      For the Class A(2019-1) Notes for any date of determination, the Class A Required Subordinated Amount of Class B Notes will be an amount equal to 14.28571% of (i) the Adjusted Outstanding
        Dollar Principal Amount of the Class A(2019-1) Notes on such date or (ii) if an Early Redemption Event with respect to the Class A(2019-1) Notes shall have occurred, if an Event of Default and acceleration of the Class A(2019-1) Notes shall have
        occurred or if the Class A Usage of the Class B Required Subordinated Amount for such tranche of Class A Notes is greater than zero, the Adjusted Outstanding Dollar Principal Amount of the Class A(2019-1) Notes as of close of business on the day
        immediately preceding the occurrence of such Early Redemption Event, such Event of Default and acceleration or the date on which the Class A Usage of Class B Required Subordinated Amount exceeded zero.

       

      (b)      For the Class A(2019-1) Notes for any date of determination, the Class A Required Subordinated Amount of Class C Notes will be an amount equal to 12.69841% of (i) the Adjusted Outstanding
        Dollar Principal Amount of the Class A(2019-1) Notes on such date or (ii) if an Early Redemption Event with respect to the Class A(2019-1) Notes shall have occurred, if an Event of Default and acceleration of the Class A(2019-1) Notes shall have
        occurred or if the Class A Usage of the Class C Required Subordinated Amount for such tranche of Class A Notes is greater than zero, the Adjusted Outstanding Dollar Principal Amount of the Class A(2019-1) Notes as of close of business on the day
        immediately preceding the occurrence of such Early Redemption Event, such Event of Default and acceleration or the date on which the Class A Usage of Class C Required Subordinated Amount exceeded zero.

       

      (c)      The Issuer may change the percentages set forth in clause (a) or (b) above without the consent of any Noteholder so long as the Issuer has (i) received written confirmation from each Note
        Rating Agency that has rated any Outstanding Notes of the BAseries that the change in either of such percentages will not result in a Ratings Effect with respect to any Outstanding Notes of the BAseries and (ii) delivered to the Indenture Trustee
        and the Note Rating Agencies a Master Trust Tax Opinion and an Issuer Tax Opinion. 

       

      

      
        Section 2.03.       Interest Payment.

         

        (a)      For each Interest Payment Date (other than the first Interest Payment Date), the amount of interest due with respect to the Class A(2019-1) Notes shall be an amount equal to one-twelfth
          of the product of (i) the Note Interest Rate times (ii) the Outstanding Dollar Principal Amount of the Class A(2019-1) Notes determined as of the Record Date preceding the related Transfer Date; provided,
          however, that for the first Interest Payment Date the amount of interest due is $1,933,333.33.  Interest on the Class A(2019-1) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

      

       

      

      
        - 7 -

        
          

      

      (b)      Pursuant to Section 3.03 of the Indenture Supplement, on each Transfer Date, the Indenture Trustee shall deposit into the Class A(2019-1) Interest Funding sub-Account the portion
        of BAseries Available Funds allocable to the Class A(2019-1) Notes. 

       

      Section 2.04.      Payments of Interest and Principal.  Any installment of interest or principal, if any, payable on any Class A(2019-1) Note which is punctually paid or duly provided for
        by the Issuer and the Indenture Trustee on the applicable Interest Payment Date or Principal Payment Date shall be paid by the Paying Agent to the Person in whose name such Class A(2019-1) Note (or one or more Predecessor Notes) is registered on
        the Record Date, by wire transfer of immediately available funds to such Person’s account as has been designated by written instructions received by the Paying Agent from such Person not later than the close of business on the third Business Day
        preceding the date of payment or, if no such account has been so designated, by check mailed first-class, postage prepaid to such Person’s address as it appears on the Note Register on such Record Date, except that with respect to Notes registered
        on the Record Date in the name of the nominee of Cede & Co., payment shall be made by wire transfer in immediately available funds to the account designated by such nominee.

       

      The right of the Class A(2019-1) Noteholders to receive payments from the Issuer will terminate on the first Business Day following the Class A(2019-1) Termination Date.

       

      Section 2.05.       Form of Delivery of Class A(2019-1) Notes; Depository; Denominations.

       

      (a)      The Class A(2019-1) Notes shall be delivered in the form of a global Registered Note as provided in Sections 202 and 301(i) of the Indenture, respectively.

       

      (b)      The Depository for the Class A(2019-1) Notes shall be The Depository Trust Company, and the Class A(2019-1) Notes shall initially be registered in the name of Cede & Co., its nominee.

       

      (c)      The Class A(2019-1) Notes will be issued in minimum denominations of $5,000 and multiples of $1,000 in excess of that amount.

       

      Section 2.06.      Delivery and Payment for the Class A(2019-1) Notes.  The Issuer shall execute and deliver the Class A(2019-1) Notes to the Indenture Trustee for authentication, and the
        Indenture Trustee shall deliver the Class A(2019-1) Notes when authenticated, each in accordance with Section 303 of the Indenture.

       

      

      Section 2.07.      Targeted Deposits to the Accumulation Reserve Account.  The deposit targeted to be made to the Accumulation Reserve Account for any Monthly Period during the Accumulation
        Reserve Funding Period will be an amount equal to the Required Accumulation Reserve sub-Account Amount.

       

      [END OF ARTICLE II]

       

      

      
        - 8 -

        
          

      

      ARTICLE III

       

      Representations and Warranties

       

      Section 3.01.       Issuer’s Representations and Warranties.  The Issuer makes the following representations and warranties as to the Collateral Certificate on which the Indenture Trustee is deemed to have
        relied in acquiring the Collateral Certificate.  Such representations and warranties speak as of the execution and delivery of this Terms Document, but shall survive until the termination of this Terms Document.  Such representations and warranties
        shall not be waived by any of the parties to this Terms Document unless the Issuer has obtained written confirmation from each Note Rating Agency that there will be no Ratings Effect with respect to such waiver.

       

      (a)     The Indenture creates a valid and continuing security interest (as defined in the Delaware UCC) in the Collateral Certificate in favor of the Indenture Trustee, which security interest is
        prior to all other liens, and is enforceable as such as against creditors of and purchasers from the Issuer.

       

      (b)      The Collateral Certificate constitutes either an “account,” a “general intangible,” an “instrument,” or a “certificated security,” each within the meaning of the Delaware UCC.

       

      (c)      At the time of the transfer and assignment of the Collateral Certificate to the Indenture Trustee pursuant to the Indenture, the Issuer owned and had good and marketable title to the
        Collateral Certificate free and clear of any lien, claim or encumbrance of any Person.

       

      (d)     The Issuer has caused, within ten days of the execution of the Indenture, 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 the Collateral Certificate granted to the Indenture Trustee pursuant to the Indenture.

       

      (e)      Other than the security interest granted to the Indenture Trustee pursuant to the Indenture, the Issuer has not pledged, assigned, sold, granted a security interest in, or otherwise
        conveyed the Collateral Certificate.  The Issuer has not authorized the filing of and is not aware of any financing statements against the Issuer that include a description of collateral covering the Collateral Certificate other than any financing
        statement relating to the security interest granted to the Indenture Trustee pursuant to the Indenture or any financing statement that has been terminated.  The Issuer is not aware of any judgment or tax lien filings against the Issuer.

       

      (f)      All original executed copies of the Collateral Certificate have been delivered to the Indenture Trustee.

       

      

      (g)     At the time of the transfer and assignment of the Collateral Certificate to the Indenture Trustee pursuant to the Indenture, the Collateral Certificate had no marks or notations indicating
        that it has been pledged, assigned or otherwise conveyed to any Person other than the Indenture Trustee.

       

      [END OF ARTICLE III]

      

      

      
        - 9 -

        
          

      

      IN WITNESS WHEREOF, the parties hereto have caused this Terms Document to be duly executed, all as of the day and year first above written.

       

      

      	

            	
              BA CREDIT CARD TRUST,

            
	

            	
              by BA CREDIT CARD FUNDING, LLC,

            
	

            	
              as Beneficiary and not in its individual capacity

            
	

            	

            
	

            	
              
                By:

              

            	/s/ Keith W. Landis
	

            	
              

              

            	
              Name:  Keith W. Landis

            
	

            	
              

              

            	
              Title:  CEO & President

            

      

      

      
        [Signature Page to the Class A(2019-1) Terms Document]

      

      

      

      
        
          

      

      	

            	
              THE BANK OF NEW YORK MELLON, as Indenture Trustee

            
	

            	
              and not in its individual capacity

            
	

            	

            
	

            	
              By:

            	/s/ Leslie Morales

            
	

            	 

            	Name:  Leslie Morales
	

            	 

            	Title:  Vice President

            

      

      

      
        
          [Signature Page to the Class A(2019-1) Terms Document]

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