Document:

First Amendment to Salary Continuation Agreement

 Exhibit 10.18 
 FIRST AMENDMENT TO SALARY CONTINUATION AGREEMENT 
 This First Amendment to Salary Continuation Agreement (the “Amendment”) is adopted this 31st of July, 2007, by and between Canyon
National Bank, a nationally-chartered commercial bank located in Palm Springs, California (the “Bank”) and Stephen Hoffmann (the “Executive”). 
 RECITALS: 
 A. The parties are presently parties to that certain Salary Continuation
Agreement (the “Agreement”) dated as of September 1, 2003, which provides for the payment of certain retirement benefits to Executive. Capitalized terms not otherwise defined herein shall have the meanings set forth in the
Agreement. 
 B. The parties hereto wish to amend the Agreement as provided herein. 
 NOW, THEREFORE, the parties hereto agree as follows: 
 1. Parachute Payments. The following Section 2.3.4 is hereby added to the Agreement: 
 “2.3.4 Parachute
Payments. Notwithstanding any provision of this Agreement to the contrary, to the extent any distribution(s), if made, under this Section 2.3 would be treated as an “excess parachute payment” under Section 280G of the Code,
the Bank shall reduce or delay the distribution(s) to eliminate any excess parachute payment as determined by the Bank.” 
 2. Change
to Plan Terminations under Section 409A. The following Section 8.11 is hereby added to the Agreement: 
 “8.11 Plan
Terminations Under Section 409A. Subject to Section 8.12, the Bank may make distributions in the following circumstances, in accordance with Section 409A of the Code or the regulations thereunder: 
 (a) Within thirty (30) days before, or twelve (12) months after a Change in Control, provided that all distributions are made no
later than twelve (12) months following such termination of the Agreement and further provided that all the Bank’s arrangements which are substantially similar to the Agreement are terminated so the Executive and all participants in the
similar arrangements are required to receive all amounts of compensation deferred under the terminated arrangements within twelve (12) months of the termination of the arrangements; 
 (b) Upon the Bank’s dissolution or with the approval of a bankruptcy court provided that the amounts deferred under the 

  

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Agreement are included in the Executive’s gross income in the latest of (i) the calendar year in which the Agreement terminates; (ii) the
calendar year in which the amount is no longer subject to a substantial risk of forfeiture; or (iii) the first calendar year in which the distribution is administratively practical; or 
 (c) Upon the Bank’s termination of this and all other non-account balance plans (as referenced in Section 409A of the Code or
the regulations thereunder), provided that all distributions are made no earlier than twelve (12) months and no later than twenty-four (24) months following such termination, and the Bank does not adopt any new non-account balance plans
for a minimum of five (5) years following the date of such termination.” 
 3. Compliance with Section 409A. The
following Section 8.12 is hereby added to the Agreement: 
 “8.12 Compliance with Section 409A. This Agreement shall at
all times be administered and the provisions of this Agreement shall be interpreted consistent with the requirements of Section 409A of the Code and any and all regulations thereunder, including such regulations as may be promulgated after the
Effective Date of this Agreement. Notwithstanding any provision of the Agreement to the contrary, if Executive is considered a key employee (as defined in Section 416(i) of the Code without regard to paragraph 5 thereof) at termination of
Executive’s active service other than by reason of death as determined by the Board (“Termination of Service”) under such procedures as established by the Bank in accordance with Section 409A of the Code, benefit distributions
that are made upon Termination of Service may not commence earlier than six (6) months after the date of such Termination of Service, except in the event of Executive’s death. Therefore, in the event this Section 8.12 is applicable to
Executive, any distribution which would otherwise be paid to the Executive within the first six (6) months following the Termination of Service shall be accumulated and paid to the Executive in a lump sum on the first day of the seventh month
following the Termination of Service.” 
 4. No Further Amendments. Except as described herein, the Agreement shall remain in
full force and effect without further amendment. 
  

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 IN WITNESS WHEREOF, the Executive and a duly authorized representative of the Bank have signed this
Amendment. 
  

					
	 EXECUTIVE:
	 	BANK:
		
	 /s/ Stephen Hoffmann
	 	 /s/ Richard Shalhoub

	 Stephen Hoffmann
	 	By:	 	Richard Shalhoub
		 	Title:	 	Chairman, Compensation Committee

  

 3First Amendment to Salary Continuation Agreement

 Exhibit 10.19 
 FIRST AMENDMENT TO SALARY CONTINUATION AGREEMENT 
 This First Amendment to Salary Continuation Agreement (the “Amendment”) is adopted this 31st of July, 2007, by and between Canyon
National Bank, a nationally-chartered commercial bank located in Palm Springs, California (the “Bank”) and Jonathan J. Wick (the “Executive”). 
 RECITALS: 
 A. The parties are presently parties to that certain Salary Continuation
Agreement (the “Agreement”) dated as of September 1, 2003, which provides for the payment of certain retirement benefits to Executive. Capitalized terms not otherwise defined herein shall have the meanings set forth in the
Agreement. 
 B. The parties hereto wish to amend the Agreement as provided herein. 
 NOW, THEREFORE, the parties hereto agree as follows: 
 1. Parachute Payments. The following Section 2.3.4 is hereby added to the Agreement: 
 “2.3.4 Parachute
Payments. Notwithstanding any provision of this Agreement to the contrary, to the extent any distribution(s), if made, under this Section 2.3 would be treated as an “excess parachute payment” under Section 280G of the Code,
the Bank shall reduce or delay the distribution(s) to eliminate any excess parachute payment as determined by the Bank.” 
 2. Change
to Plan Terminations under Section 409A. The following Section 8.11 is hereby added to the Agreement: 
 “8.11 Plan
Terminations Under Section 409A. Subject to Section 8.12, the Bank may make distributions in the following circumstances, in accordance with Section 409A of the Code or the regulations thereunder: 
 (a) Within thirty (30) days before, or twelve (12) months after a Change in Control, provided that all distributions are made no
later than twelve (12) months following such termination of the Agreement and further provided that all the Bank’s arrangements which are substantially similar to the Agreement are terminated so the Executive and all participants in the
similar arrangements are required to receive all amounts of compensation deferred under the terminated arrangements within twelve (12) months of the termination of the arrangements; 
 (b) Upon the Bank’s dissolution or with the approval of a bankruptcy court provided that the amounts deferred under the 

  

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Agreement are included in the Executive’s gross income in the latest of (i) the calendar year in which the Agreement terminates; (ii) the
calendar year in which the amount is no longer subject to a substantial risk of forfeiture; or (iii) the first calendar year in which the distribution is administratively practical; or 
 (c) Upon the Bank’s termination of this and all other non-account balance plans (as referenced in Section 409A of the Code or
the regulations thereunder), provided that all distributions are made no earlier than twelve (12) months and no later than twenty-four (24) months following such termination, and the Bank does not adopt any new non-account balance plans
for a minimum of five (5) years following the date of such termination.” 
 3. Compliance with Section 409A. The
following Section 8.12 is hereby added to the Agreement: 
 “8.12 Compliance with Section 409A. This Agreement shall at
all times be administered and the provisions of this Agreement shall be interpreted consistent with the requirements of Section 409A of the Code and any and all regulations thereunder, including such regulations as may be promulgated after the
Effective Date of this Agreement. Notwithstanding any provision of the Agreement to the contrary, if Executive is considered a key employee (as defined in Section 416(i) of the Code without regard to paragraph 5 thereof) at termination of
Executive’s active service other than by reason of death as determined by the Board (“Termination of Service”) under such procedures as established by the Bank in accordance with Section 409A of the Code, benefit distributions
that are made upon Termination of Service may not commence earlier than six (6) months after the date of such Termination of Service, except in the event of Executive’s death. Therefore, in the event this Section 8.12 is applicable to
Executive, any distribution which would otherwise be paid to the Executive within the first six (6) months following the Termination of Service shall be accumulated and paid to the Executive in a lump sum on the first day of the seventh month
following the Termination of Service.” 
 4. No Further Amendments. Except as described herein, the Agreement shall remain in
full force and effect without further amendment. 
  

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 IN WITNESS WHEREOF, the Executive and a duly authorized representative of the Bank have signed this
Amendment. 
  

					
	 EXECUTIVE:
	  	BANK:
		
	 /s/ Jonathan J. Wick
	  	 /s/ Richard Shalhoub

	 Jonathan J. Wick
	  	By:	 	Richard Shalhoub
		  	Title:	 	Chairman, Compensation Committee

  

 3EXHIBIT 4.1

 Exhibit 4.1 
 CHASE ISSUANCE TRUST 
 as Issuing Entity 
 CLASS A(2007-12) TERMS DOCUMENT 
 dated as of August 1, 2007 
 to 
 AMENDED AND RESTATED 
 CHASESERIES INDENTURE SUPPLEMENT 
 dated as of October 15, 2004 
 to 
 SECOND AMENDED AND RESTATED 
 INDENTURE 
 dated as of March 14, 2006 
 WELLS FARGO BANK, NATIONAL ASSOCIATION 
 as Indenture Trustee and Collateral Agent 

 TABLE OF CONTENTS 
  

					
	 	 	 	  	PAGE
	ARTICLE I Definitions and Other Provisions of General Application
			
	 Section 1.01
	 	 Definitions
	  	1
	Section 1.02	 	 Governing Law
	  	4
	Section 1.03	 	 Counterparts
	  	4
	Section 1.04	 	 Ratification of Indenture and Indenture Supplement
	  	4
	
	ARTICLE II The Class A(2007-12) Notes
			
	Section 2.01	 	 Creation and Designation
	  	5
	Section 2.02	 	 Specification of Required Subordinated Amount and Other Terms
	  	5
	Section 2.03	 	 Interest Payment
	  	6
	Section 2.04	 	 Calculation Agent; Determination of LIBOR
	  	6
	Section 2.05	 	 Payments of Interest and Principal
	  	7
	Section 2.06	 	 Form of Delivery of Class A(2007-12) Notes; Depository; Denominations
	  	7
	Section 2.07	 	 Delivery and Payment for the Class A(2007-12) Notes
	  	8
	Section 2.08	 	 Supplemental Indenture
	  	8
	 Section 2.09
	 	 Appointment of co-Paying Agent and co-Transfer Agent
	  	8

 THIS CLASS A(2007-12) TERMS DOCUMENT (this “Terms Document”), among the CHASE ISSUANCE TRUST, a
statutory trust created under the laws of the State of Delaware (the “Issuing Entity”), having its principal office at c/o Wilmington Trust Company, 1100 North Market Street, Wilmington, Delaware 19890-1600, and WELLS FARGO BANK, NATIONAL
ASSOCIATION, a national banking association, as indenture trustee (the “Indenture Trustee”) and as collateral agent (the “Collateral Agent”), is made and entered into as of August 1, 2007. 
 Pursuant to this Terms Document, the Issuing Entity and the Indenture Trustee shall create a new Tranche of CHASEseries 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 Indenture Supplement, the Indenture or the Asset Pool Supplement, either directly or by reference therein, have the meanings assigned to them therein; 
 (3) as used in this Terms Document and in any certificate or other document made or delivered pursuant hereto or thereto, accounting terms not defined in
this Terms Document or in any such certificate or other document, and accounting terms partly defined in this Terms Document 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 Terms Document or in any such certificate or other document are inconsistent with the meanings of such terms under GAAP, the definitions contained in this Terms Document or
in any such certificate or other document shall control; 
 (4) the words “hereof,” “herein,” “hereunder” and
words of similar import when used in this Terms Document shall refer to this Terms Document as a whole and not to any particular provision of this Terms Document; references to any subsection, Section, clause, Schedule or Exhibit are references to
subsections, Sections, clauses, Schedules and Exhibits in or to this Terms Document 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; 

 (5) 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, the Indenture or the Asset Pool Supplement, the terms and provisions of this Terms Document shall be controlling; and 
 (6) each capitalized term defined herein shall relate only to the Class A(2007-12) Notes and no other Tranche of CHASEseries Notes issued by the Issuing
Entity. 
 “Asset Pool Supplement” means the Amended and Restated Asset Pool One Supplement to the Indenture, dated as of
October 15, 2004, as amended by the First Amendment thereto, dated as of May 10, 2005, and the Second Amendment thereto, dated as of February 1, 2006, by and among the Issuing Entity, the Indenture Trustee and the Collateral Agent.

 “BDL” means Banque de Luxembourg. 
 “Beneficiary” means Chase Bank USA, National Association, in its capacity as beneficial owner of the Issuing Entity. 
 “Calculation Agent” is defined in Section 2.04(a). 
 “Class A(2007-12) Adverse
Event” means the occurrence of any of the following: (a) an Early Amortization Event with respect to the Class A(2007-12) Notes, (b) an Event of Default and acceleration of the Class A(2007-12) Notes, (c) the Class A
Usage of the Class B Required Subordinated Amount for the Class A(2007-12) Notes becomes greater than zero or (d) the Class A Usage of the Class C Required Subordinated Amount for the Class A(2007-12) Notes becomes greater than zero.

 “Class A(2007-12) Note” means any Note, substantially in the form set forth in Exhibit A-1 to the Indenture Supplement,
designated therein as a Class A(2007-12) Note and duly executed and authenticated in accordance with the Indenture. 
 “Class
A(2007-12) Noteholder” means a Person in whose name a Class A(2007-12) Note is registered in the Note Register. 
 “Class
A(2007-12) Termination Date” means the earliest to occur of (a) the Principal Payment Date on which the Outstanding Dollar Principal Amount of the Class A(2007-12) 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 V 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). 
  

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 “Controlled Accumulation Amount” means $33,750,000.00; provided, however,
if the Accumulation Period Length is determined to be less than twelve months pursuant to Section 3.12(b)(ii) of the Indenture Supplement, the Controlled Accumulation Amount for any Note Transfer Date with respect to the Class A(2007-12) Notes
will be the amount specified in the definition of “Controlled Accumulation Amount” in the Indenture Supplement. 
 “Indenture” means the Second Amended and Restated Indenture, dated as of March 14, 2006, between the Issuing Entity and the Indenture Trustee. 
 “Indenture Supplement” means the Amended and Restated CHASEseries Indenture Supplement, dated as of October 15, 2004, among the
Issuing Entity, the Indenture Trustee and the Collateral Agent. 
 “Initial Dollar Principal Amount” means $405,000,000.

 “Interest Payment Date” means September 17, 2007 and the 15th day of each month thereafter, or if such 15th day is
not a Business Day, the next succeeding Business Day. 
 “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) to but excluding such Interest Payment Date. 
 “Issuance Date” means August 1, 2007. 
 “Legal Maturity Date” means August 15, 2019. 
 “LIBOR” means, for any
Interest Period, the London interbank offered rate for one-month United States dollar deposits determined by the Calculation Agent on the LIBOR Determination Date for each Interest Period in accordance with the provisions of Section 2.04.

 “LIBOR Determination Date” means (1) July 30, 2007 for the period from and including the Issuance Date through
but excluding September 17, 2007 and (2) for each interest period thereafter, the second London Business Day prior to the commencement of the second and each subsequent Interest Period. 
 “London Business Day” means any Business Day on which dealings in deposits in United States Dollars are transacted in the London
interbank market. 
 “Note Interest Rate” means a rate per annum equal to 0.05% in excess of LIBOR, as determined by the
Calculation Agent on the related LIBOR Determination Date with respect to each Interest Period. 
 “Paying Agent” means
Wells Fargo Bank, National Association. 
  

 3 

 “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 3.06 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. 
 “Record Date”
means, for any Note Transfer Date, the last Business Day of the preceding Monthly Period. 
 “Reference Banks” means four
major banks in the London interbank market selected by the Beneficiary. 
 “Reuters Screen LIBO Page” means the display page
so designated on the Reuters Monitor Money Rates (or such other page as may replace that page on that service, or such other service as may be nominated as the information vendor, for the purposes of displaying rates comparable to LIBOR).

 “Scheduled Principal Payment Date” means August 15, 2017. 
 “Stated Principal Amount” means $405,000,000. 
 Section 1.02 Governing Law THIS TERMS DOCUMENT 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. 
 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, the Asset Pool
Supplement and the Indenture Supplement is in all respects ratified and confirmed and the Indenture as so supplemented by the Asset Pool Supplement and the Indenture Supplement as so supplemented by this Terms Document shall be read, taken and
construed as one and the same instrument. 
 [END OF ARTICLE I] 
  

 4 

 ARTICLE II 
 The Class A(2007-12) Notes 
 Section 2.01 Creation and Designation There is hereby created a Tranche
of CHASEseries Class A Notes to be issued pursuant to the Indenture and the Indenture Supplement to be known as the “CHASEseries Class A(2007-12) Notes.” 
 Section 2.02 Specification of Required Subordinated Amount and Other Terms 
 (a) For the Class
A(2007-12) Notes for any date of determination, the Class A Required Subordinated Amount of Class B Notes will be an amount equal to 6.49718% of (i) prior to the occurrence of a Class A(2007-12) Adverse Event, the Adjusted Outstanding
Dollar Principal Amount of the Class A(2007-12) Notes on such date of determination or (ii) on and after the date on which a Class A(2007-12) Adverse Event shall have occurred, the greater of (1) the Adjusted Outstanding Dollar Principal
Amount of the Class A(2007-12) Notes on such date of determination and (2) the Adjusted Outstanding Dollar Principal Amount of the Class A(2007-12) Notes as of the close of business on the day immediately preceding the date on which such Class
A(2007-12) Adverse Event shall have occurred. 
 (b) For the Class A(2007-12) Notes for any date of determination, the Class A Required
Subordinated Amount of Class C Notes will be an amount equal to 6.49718% of (i) prior to the occurrence of a Class A(2007-12) Adverse Event, the Adjusted Outstanding Dollar Principal Amount of the Class A(2007-12) Notes on such date or
(ii) on and after the date on which a Class A(2007-12) Adverse Event shall have occurred, the greater of (1) the Adjusted Outstanding Dollar Principal Amount of the Class A(2007-12) Notes on such date of determination and (2) Adjusted
Outstanding Dollar Principal Amount of the Class A(2007-12) Notes as of the close of business on the day immediately preceding the date on which such Class A(2007-12) Adverse Event shall have occurred. 
 (c) The Issuing Entity may change the percentages or the formulas set forth in either clause (a) or (b) above without the consent of any
Noteholder so long as the Issuing Entity has (i) received written confirmation from each Note Rating Agency that has rated any Outstanding Notes that the change in either of such percentages or formulas, as applicable, will not result in a
Ratings Effect with respect to any Outstanding Notes and (ii) delivered to the Indenture Trustee and the Note Rating Agencies a Master Trust Tax Opinion and an Issuing Entity Tax Opinion. 
  

 5 

 Section 2.03 Interest Payment 
 (a) For each Interest Payment Date, the amount of interest due with respect to the Class A(2007-12) Notes shall be an amount equal to the product of
(i) (A) a fraction, the numerator of which is the actual number of days in the related Interest Period and the denominator of which is 360, times, (B) the Note Interest Rate in effect with respect to the related Interest
Period, times, (ii) the Outstanding Dollar Principal Amount of the Class A(2007-12) Notes determined as of the close of business on the Interest Payment Date preceding the related Note Transfer Date for the Class A(2007-12) Notes;
provided, however, that for the first Interest Payment Date, the amount of interest due with respect to the Class A(2007-12) Notes shall be an amount equal to the product of (x) the Outstanding Dollar Principal Amount of the Class
A(2007-12) Notes on the Issuance Date, (y) 47 divided by 360 and (z) the Note Interest Rate in effect with respect to the Class A(2007-12) Notes determined on July 30, 2007. Interest on the Class A(2007-12) Notes will be calculated on
the basis of the actual number of days elapsed and a 360-day year. 
 (b) Pursuant to Section 3.03 of the Indenture Supplement, on each
Note Transfer Date with respect to the Class A(2007-12) Notes, the Indenture Trustee shall deposit into the Class A(2007-12) Interest Funding Sub-Account the portion of CHASEseries Available Finance Charge Collections allocable to the Class
A(2007-12) Notes. 
 Section 2.04 Calculation Agent; Determination of LIBOR 
 (a) The Issuing Entity hereby agrees that for so long as any Class A(2007-12) Notes are Outstanding, there shall at all times be an agent appointed to
calculate LIBOR for each Interest Period (the “Calculation Agent”). The Issuing Entity hereby initially appoints the Indenture Trustee as the Calculation Agent for purposes of determining LIBOR for each Interest Period. The Calculation
Agent may be removed by the Issuing Entity at any time. If the Calculation Agent is unable or unwilling to act as such or is removed by the Issuing Entity, or if the Calculation Agent fails to determine LIBOR for an Interest Period, the Issuing
Entity shall promptly appoint a replacement Calculation Agent that does not control or is not controlled by or under common control with the Issuing Entity or its Affiliates. The Calculation Agent may not resign its duties, and the Issuing Entity
may not remove the Calculation Agent, without a successor having been duly appointed. 
 (b) On each LIBOR Determination Date, the
Calculation Agent shall determine LIBOR on the basis of the rate for deposits in United States dollars for a one-month period which appears on Reuters Screen LIBO Page or on such comparable system as is customarily used to quote LIBOR as of 11:00
a.m., London time, on such date. If such rate does not appear on Reuters Screen LIBO Page or on a comparable system as is customarily used to quote LIBOR the rate for that LIBOR Determination Date shall be determined on the basis of the rates at
which deposits in United States 

  

 6 

 
dollars are offered by the Reference Banks at approximately 11:00 a.m., London time, on that day to prime banks in the London interbank market for a
one-month period. The Calculation Agent shall request the principal London office of each of the Reference Banks to provide a quotation of its rate. If at least two such quotations are provided, the rate for that LIBOR Determination Date shall be
the arithmetic mean of the quotations. If fewer than two quotations are provided as requested, the rate for that LIBOR Determination Date will be the arithmetic mean of the rates quoted by major banks in New York City, selected by the Beneficiary,
at approximately 11:00 a.m., New York City time, on that day for loans in United States dollars to leading European banks for a one-month period. 
 (c) The Note Interest Rate applicable to the then current and the immediately preceding Interest Periods may be obtained by telephoning the Indenture Trustee at its corporate trust office at (612) 667-8058 or such other telephone
number as shall be designated by the Indenture Trustee for such purpose by prior written notice by the Indenture Trustee to each Noteholder from time to time. 
 (d) On each LIBOR Determination Date, the Calculation Agent shall send to the Indenture Trustee and the Beneficiary, by facsimile transmission, notification of LIBOR for the following Interest Period. 
 Section 2.05 Payments of Interest and Principal 
 (a) Any installment of interest or principal payable on any Class A(2007-12) Note which is punctually paid or duly provided for by the Issuing Entity 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(2007-12) 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. 
 (b)
The right of the Class A(2007-12) Noteholders to receive payments from the Issuing Entity will terminate on the first Business Day following the Class A(2007-12) Termination Date. 
 Section 2.06 Form of Delivery of Class A(2007-12) Notes; Depository; Denominations. 
 (a) The Class A(2007-12) Notes shall be delivered in the form of a global Registered Note as provided in Sections 2.02 and 3.01(i) of the Indenture,
respectively. 
  

 7 

 (b) The Depository for the Class A(2007-12) Notes shall be The Depository Trust Company, and the Class
A(2007-12) Notes shall initially be registered in the name of Cede & Co., its nominee. 
 (c) The Class A(2007-12) Notes will be
issued in minimum denominations of $100,000 and integral multiples of $1,000 in excess of $100,000. 
 Section 2.07 Delivery and Payment
for the Class A(2007-12) Notes 
 The Issuing Entity shall execute and deliver the Class A(2007-12) Notes to the Indenture Trustee for
authentication, and the Indenture Trustee shall deliver the Class A(2007-12) Notes when authenticated, each in accordance with Section 3.03 of the Indenture. 
 Section 2.08 Supplemental Indenture The Issuing Entity may enter into a supplemental indenture with respect to the Class A(2007-12) Notes as provided in Section 9.01 of the Indenture; provided,
however, that any supplemental indenture which provides for an additional or alternative form of credit enhancement for the Class A(2007-12) Notes shall, in addition to the requirements set forth in Section 9.01 of the Indenture, require
confirmation from the Note Rating Agencies that have rated any Outstanding Notes of the CHASEseries that such change in credit enhancement will not result in a Ratings Effect with respect to any Outstanding Notes of the CHASEseries. 
 Section 2.09 Appointment of co-Paying Agent and co-Transfer Agent 
 BDL is appointed as co-paying agent and as co-transfer agent in Luxembourg with respect to the Class A(2007-12) Notes for so long as the Class A(2007-12) Notes are listed on the Luxembourg Stock Exchange. Any
reference in this Terms Document, the Indenture Supplement, the Asset Pool Supplement and the Indenture to the Paying Agent or the Transfer Agent shall be deemed to include BDL as co-paying agent or co-transfer agent, as the case may be, unless the
context requires otherwise. 
 [END OF ARTICLE II] 
  

 8 

 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. 
  

			
	CHASE ISSUANCE TRUST
		
	By:	 	CHASE BANK USA, NATIONAL ASSOCIATION,
		 	as Beneficiary and not in its individual capacity
		
	By:	 	 /s/ Keith W. Schuck

	Name:	 	Keith W. Schuck
	Title:	 	President
	
	 WELLS FARGO BANK, NATIONAL ASSOCIATION,
 as Indenture Trustee and Collateral Agent

		
	By:	 	 /s/ Cheryl C. Zimmerman

	Name:	 	Cheryl C. Zimmerman, CCTS
	Title:	 	Assistant Vice President

  

 Chase Issuance Trust 
 CHASEseries Class A(2007-12) Terms Document 
 Signature Page

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