Document:

Exhibit 10.6

 

 

 

 

  

 

EMPLOYMENT AGREEMENT

 

 

THIS EMPLOYMENT CONTRACT dated this 4th
day of May 2018.

 

BETWEEN:

 

GEX Management, Inc. of

12001 N Central Expressway, Suite 825

Dallas, TX 75243 (the
"Employer")

 

- AND -

 

Dario Saintus of

700 Castlewood
Lane

Arlington, TX 76012 (the
"Employee")

 

 

BACKGROUND:

 

		A.	The Employer is of the opinion that the Employee has the necessary qualifications,
experience and abilities to assist and benefit the Employer in its business.

 

		B.	The Employer desires to employ the Employee and the Employee has agreed to accept
and enter such employment upon the terms and conditions set out in this Agreement.

 

IN CONSIDERATION OF the
matters described above and of the mutual benefits and obligations set forth in this Agreement, the receipt and sufficiency of
which consideration is hereby acknowledged, the parties to this Agreement agree as follows:

 

Commencement Date and Term

 

		1.	The Employee will commence permanent full-time employment with the Employer
on May 4, 2018 (the "Commencement Date").

 

Job Title and Description

 

		2.	The Employer agrees to employ the Employee under the title of Interim Chief
Financial Officer.

 

		3.	The Employee agrees to be employed on the terms and conditions set out in
this Agreement. The Employee agrees to be subject to the general supervision of and act pursuant to the orders, advice and direction
of the Employer.

		4.	The Employee will perform any and all duties that are reasonable and that
are customarily performed by a person holding a similar position in the industry or business of the
Employer.

 

		5.	The Employer may make changes to the job title or duties of the Employee
where the changes would be considered reasonable for a similar position in the industry or business of the Employer. The Employee's
job title or duties may be changed by agreement and with the approval of both the Employee and the
Employer.

 

		6.	The Employee agrees to abide by the Employer's rules, regulations, and practices,
including those concerning work schedules, vacation and sick leave, as they may from time to time be adopted or
modified.

 

Employee Compensation

 

		8.	Compensation paid to the Employee for the services rendered by the Employee
as required by this Agreement will include a yearly salary of $36,000.00 (USD) per month (the
"Compensation").

 

		9.	This Compensation will be payable according to employer's policy while this
Agreement is in force. The Employer is entitled to deduct from the Employee's Compensation, or from any other compensation in whatever
form, any applicable deductions and remittances as required by law.

 

		9.	The Employee understands and agrees that any additional compensation paid
to the Employee in the form of bonuses or other similar incentive compensation will rest in the sole discretion of the Employer
and that the Employee will not earn or accrue any right to incentive compensation by reason of the Employee's
employment.

 

		10.	The Employer will reimburse the Employee for all reasonable expenses, in
accordance with the Employer's policy as in effect from time to time, including but not limited to, any travel and entertainment
expenses incurred by the Employee in connection with the business of the Employer. Expenses will be paid within a reasonable time
after submission of acceptable supporting documentation.

 

Employee Benefits

 

		11.	The Employee will be entitled to only those additional benefits that are
currently available as described in the Employer's employment booklets and manuals or as required by
law.

 

		12.	Employer discretionary benefits are subject to change, without compensation,
upon the Employer providing the Employee with 60 days written notice of that change and providing that any change to those benefits
is taken generally with respect to other employees and does not single out the Employee.

Vacation

 

		13.	The Employee will be entitled to paid vacation each year during the term
of this Agreement, as is currently described in the Employer's employment booklets and manuals

 

		14.	or paid vacation as entitled by law, whichever is greater:

 

oaccrued
at a rate of 0.0385 hours per hour worked.

		15.	The times and dates for any vacation will be determined by mutual agreement
between the Employer and the Employee.

 

		16.	Upon termination of employment, the Employer is not required to pay compensation
to the Employee for any accrued and unused vacation days.

 

Duty to Devote Full Time

 

		17.	The Employee agrees to devote full-time efforts, as an employee of the Employer,
to the employment duties and obligations as described in this Agreement.

 

Conflict of Interest

 

		18.	During the term of the Employee's active employment with the Employer, it
is understood and agreed that any business opportunity relating to or similar to the Employer's actual or reasonably anticipated
business opportunities (with the exception of personal investments in less than 5% of the equity of a business, investments in
established family businesses, real estate, or investments in stocks and bonds traded on public stock exchanges) coming
to the attention of the Employee, is an opportunity belonging to the Employer. Therefore, the Employee will advise the Employer
of the opportunity and cannot pursue the opportunity, directly or indirectly, without the written consent of the Employer, which
consent will not be unreasonably withheld.

 

		19.	During the term of the Employee's active employment with the Employer, the
Employee will not, directly or indirectly, engage or participate in any other business activities that the Employer, in its reasonable
discretion, determines to be in conflict with the best interests of the Employer without the written consent of the Employer, which
consent will not be unreasonably withheld.

 

Non-Competition

 

		20.	The Employee agrees that during the Employee's term of active employment
with the Employer and for a period of three (3) years after the end of that term, the Employee will not, directly or indirectly,
as employee, owner, sole proprietor, partner, director, member, consultant, agent, founder, co-venturer or otherwise, solely or
jointly with others engage in any business that is in competition with the business of the Employer within any geographic area
in which the Employer conducts its business, or give advice or lend credit, money or the Employee's reputation to any natural person
or business entity engaged in a competing business in any geographic area in which the Employer conducts its
business.

Non-Solicitation

 

		21.	The Employee understands and agrees that any attempt on the part of the Employee
to induce other employees or contractors to leave the Employer's employ, or any effort by the Employee to interfere with the Employer's
relationship with its other employees and contractors would be harmful and damaging to the Employer. The Employee agrees that during
the Employee's term
of employment with
the Employer and
for a period
of three

(3)  
years after the end of that term, the Employee will not in any way, directly or indirectly:

 

		a.	Induce or attempt to induce any employee or contractor of the Employer to quit
employment or retainer with the Employer;

 

		b.	Otherwise interfere with or disrupt the Employer's relationship with its employees
and contractors;

 

		c.	Discuss employment opportunities or provide information about competitive employment
to any of the Employer's employees or contractors; or

 

		d.	Solicit, entice, or hire away any employee or contractor of the Employer for
the purpose of an employment opportunity that is in competition with the Employer.

 

		22.	This non-solicitation obligation as described in this section will be limited
to employees or contractors who were employees or contractors of the Employer during the period that the Employee was employed
by the Employer.

 

		23.	During the term
of the Employee's
active employment with
the Employer, and
for three

(3) 
years thereafter, the Employee will not divert or attempt to divert from the Employer any business the Employer had enjoyed,
solicited, or attempted to solicit, from its customers, prior to termination or expiration, as the case may be, of the Employee's
employment with the Employer.

 

Confidential Information

 

		24.	The Employee acknowledges that, in any position the Employee may hold, in and
as a result of the Employee's employment by the Employer, the Employee will, or may, be making use of, acquiring or adding to information
which is confidential to the Employer (the "Confidential Information") and the Confidential Information is the exclusive
property of the Employer.

 

		25.	The Confidential Information will include all data and information relating
to the business and management of the Employer, including but not limited to, proprietary and trade secret technology and accounting
records to which access is obtained by the Employee, including Work Product, Computer Software, Other Proprietary Data, Business
Operations, Marketing and Development Operations, and Customer Information.

 

		26.	The Confidential Information will also include any information that has been
disclosed by a third party to the Employer and is governed by a non-disclosure agreement entered into between that third party
and the Employer.

		27.	The Confidential Information will not include information that:

 

		a.	Is generally known in the industry of the Employer;

 

		b.	Is now or subsequently becomes generally available to the public through no
wrongful act of the Employee;

 

		c.	Was rightfully in the possession of the Employee prior to the disclosure to
the Employee by the Employer;

 

		d.	Is independently created by the Employee without direct or indirect use of
the Confidential Information; or

 

		e.	The Employee rightfully obtains from a third party who has the right to transfer
or disclose it.

 

		28.	The Confidential Information will also not include anything developed or
produced by the Employee during the Employee's term of employment with the Employer, including but not limited to, any intellectual
property, process, design, development, creation, research, invention, know-how, trade name, trade-mark or copyright
that:

 

		a.	Was developed without the use of equipment, supplies, facility or Confidential
Information of the Employer;

 

		b.	Was developed entirely on the Employee's own time;

 

		c.	Does not result from any work performed by the Employee for the Employer; and

 

		d.	Does not relate to any actual or reasonably anticipated business opportunity
of the Employer.

 

Duties and Obligations Concerning Confidential
Information

 

		29.	The Employee agrees that a material term of the Employee's contract with
the Employer is to keep all Confidential Information absolutely confidential and protect its release from the public. The Employee
agrees not to divulge, reveal, report or use, for any purpose, any of the Confidential Information which the Employee has obtained
or which was disclosed to the Employee by the Employer as a result of the Employee's employment by the Employer. The Employee agrees
that if there is any question as to such disclosure then the Employee will seek out senior management of the Employer prior to
making any disclosure of the Employer's information that may be covered by this Agreement.

 

		30.	The Employee agrees and acknowledges that the Confidential Information is
of a proprietary and confidential nature and that any disclosure of the Confidential Information to a third party in breach of
this Agreement cannot be reasonably or adequately compensated for in money damages, would cause irreparable injury to Employer,
would gravely affect the effective and successful conduct of the Employer's business and goodwill, and would be a material breach
of this Agreement.

		31.	The obligations to ensure and protect the confidentiality of the Confidential
Information imposed on the Employee in this Agreement and any obligations to provide notice under this Agreement will survive the
expiration or termination, as the case may be, of this Agreement and will continue for a period of indefinite from the date of
such expiration or termination.

 

		32.	The Employee may disclose any of the Confidential Information:

 

		a.	To a third party where Employer has consented in writing to such disclosure;
and

 

		b.	To the extent required by law or by the request or requirement of any judicial,
legislative, administrative or other governmental body.

 

		33.	If the Employee loses or makes unauthorized disclosure of any of the Confidential
Information, the Employee will immediately notify the Employer and take all reasonable steps necessary to retrieve the lost or
improperly disclosed Confidential Information.

 

Ownership and Title to Confidential Information

 

		34.	The Employee acknowledges and agrees that all rights, title and interest
in any Confidential Information will remain the exclusive property of the Employer. Accordingly, the Employee specifically agrees
and acknowledges that the Employee will have no interest in the Confidential Information, including, without limitation, no interest
in know-how, copyright, trade-marks or trade names, notwithstanding the fact that the Employee may have created or contributed
to the creation of the Confidential Information.

 

		35.	The Employee waives any moral rights that the Employee may have with respect
to the Confidential Information.

 

		36.	The Employee agrees to immediately disclose to the Employer all Confidential
Information developed in whole or in part by the Employee during the Employee's term of employment with the Employer and to assign
to the Employer any right, title or interest the Employee may have in the Confidential Information. The Employee agrees to execute
any instruments and to do all other things reasonably requested by the Employer, both during and after the Employee's employment
with the Employer, in order to vest more fully in the Employer all ownership rights in those items transferred by the Employee
to the Employer.

 

Return of Confidential Information

 

		37.	The Employee agrees that, upon request of the Employer or upon termination
or expiration, as the case may be, of this employment, the Employee will turn over to the Employer all Confidential Information
belonging to the Employer, including but not limited to, all documents, plans, specifications, disks or other computer media, as
well as any duplicates or backups made of that Confidential Information in whatever form or media, in the possession or control
of the Employee that:

 

		a.	May contain or be derived from ideas, concepts, creations, or trade secrets
and other proprietary and Confidential Information as defined in this Agreement; or

		b.	Is connected with or derived from the Employee's employment with the Employer.

 

Contract Binding Authority

 

		38.	Notwithstanding any other term or condition expressed or implied in this
Agreement to the contrary, the Employee will not have the authority to enter into any contracts or commitments for or on the behalf
of the Employer without first obtaining the express written consent of the Employer.

 

Termination Due to Discontinuance of Business

 

		39.	Notwithstanding any other term or condition expressed or implied in this
Agreement, in the event that the Employer will discontinue operating its business at the location where the Employee is employed,
then, at the Employer's sole option, and as permitted by law, this Agreement will terminate as of the last day of the month in
which the Employer ceases operations at such location with the same force and effect as if such last day of the month were originally
set as the Termination Date of this Agreement.

 

Termination of Employment

 

		40.	Where the Employee has breached any reasonable term of this Agreement or
where there is just cause for termination, the Employer may terminate the Employee's employment without notice, as permitted by
law.

 

		41.	The Employee and the Employer agree that reasonable and sufficient notice
of termination of employment by the Employer is the greater of one (1) month or any minimum notice required by
law.

 

		42.	If the Employee wishes to terminate this employment with the Employer, the
Employee will provide the Employer with notice of one (1) month. As an alternative, if the Employee co-operates with the training
and development of a replacement, then sufficient notice is given if it is sufficient notice to allow the Employer to find and
train the replacement.

 

		43.	The Termination Date specified by either the Employee or the Employer may
expire on any day of the month and upon the Termination Date the Employer will forthwith pay to the Employee any outstanding portion
of the wage, accrued vacation and banked time, if any, calculated to the Termination Date.

 

		44.	Once notice has been given by either party for any reason, the Employee and
the Employer agree to execute their duties and obligations under this Agreement diligently and in good faith through to the end
of the notice period. The Employer may not make any changes to wages, wage rate, or any other term or condition of this Agreement
between the time termination notice is given through to the end of the notice period.

 

Remedies

 

		45.	In the event of a breach or threatened breach by the Employee of any of the
provisions of this Agreement, the Employee agrees that the Employer is entitled to a permanent injunction,
in addition to
and not in
limitation of any
other rights and
remedies available

to the Employer at law
or in equity, in order to prevent or restrain any such breach by the Employee or by the Employee's partners, agents, representatives,
servants, employees, and/or any and all persons directly or indirectly acting for or with the Employee.

 

Severability

 

		46.	The Employer and the Employee acknowledge that this Agreement is reasonable,
valid and enforceable. However, if any term, covenant, condition or provision of this Agreement is held by a court of competent
jurisdiction to be invalid, void or unenforceable, it is the parties' intent that such provision be changed in scope by the court
only to the extent deemed necessary by that court to render the provision reasonable and enforceable and the remainder of the provisions
of this Agreement will in no way be affected, impaired or invalidated as a result.

 

Notices

 

		47.	Any notices, deliveries, requests, demands or other communications required
here will be deemed to be completed when hand-delivered, delivered by agent, or seven (7) days after being placed in the post,
postage prepaid, to the parties at the following addresses or as the parties may later designate in
writing:

 

		a.	Employer:

 

Name:GEX Management,
Inc.

Address:12001 N Central Expressway,
Suite 825, Dallas, TX 75243 Fax:214-570-3141

Email:info@gexmanagement.com

 

		b.	Employee:

 

Name:Dario Saintus

Address:700 Castlewood Lane, Arlington,
TX 76012 Fax:N/A

Email:dsaintus@gexmanagement.com

Modification of Agreement

 

		48.	Any amendment or modification of this Agreement or additional obligation assumed
by either party in connection with this Agreement will only be binding if evidenced in writing signed by each party or an authorized
representative of each party.

 

Governing Law

 

		49.	This Agreement will be construed in accordance with and governed by the laws
of the state of Texas.

Definitions

 

		50.	For the purpose of this Agreement the following definitions will
apply:

 

		a.	"Overtime Hours" means the total hours worked in a day or week
in excess of the maximum allowed, as defined by local statute, for a work day or a work week.

 

		b.	'Work Product' means work product information, including but not limited to,
work product resulting from or related to work or projects performed or to be performed for the Employer or for clients of the
Employer, of any type or form in any stage of actual or anticipated research and development.

 

		c.	'Computer Software' means computer software resulting from or related to
work or projects performed or to be performed for the Employer or for clients of the Employer, of any type or form in any stage
of actual or anticipated research and development, including but not limited to, programs and program modules, routines and subroutines,
processes, algorithms, design concepts, design specifications (design notes, annotations, documentation, flowcharts, coding sheets,
and the like), source code, object code and load modules, programming, program patches and system
designs.

 

		d.	'Other Proprietary Data' means information relating to the Employer's proprietary
rights prior to any public disclosure of such information, including but not limited to, the nature of the proprietary rights,
production data, technical and engineering data, test data and test results, the status and details of research and development
of products and services, and information regarding acquiring, protecting, enforcing and licensing proprietary rights (including
patents, copyrights and trade secrets).

 

		e.	'Business Operations' means operational information, including but not limited
to, internal personnel and financial information, vendor names and other vendor information (including vendor characteristics,
services and agreements), purchasing and internal cost information, internal services and operational manuals, and the manner and
methods of conducting the Employer's business.

 

		f.	'Marketing and Development Operations' means marketing and development information,
including but not limited to, marketing and development plans, price and cost data, price and fee amounts, pricing and billing
policies, quoting procedures, marketing techniques and methods of obtaining business, forecasts and forecast assumptions and volumes,
and future plans and potential strategies of the Employer which have been or are being considered.

 

		g.	'Customer Information' means customer information, including but not limited
to, names of customers and their representatives, contracts and their contents and parties, customer services, data provided by
customers and the type, quantity and specifications of products and services purchased, leased, licensed or received by customers
of the Employer.

 

		h.	'Termination Date' means the date specified in this Agreement or in a subsequent
notice by either
the Employee or
the Employer to
be the last
day of employment

under this Agreement. The parties acknowledge that
various provisions of this Agreement will survive the Termination Date.

 

General Provisions

 

		51.	Time is of the essence in this Agreement.

 

		52.	Headings are inserted for the convenience of the parties only and are not
to be considered when interpreting this Agreement. Words in the singular mean and include the plural and vice versa. Words in the
masculine mean and include the feminine and vice versa.

 

		53.	No failure or delay by either party to this Agreement in exercising any power,
right or privilege provided in this Agreement will operate as a waiver, nor will any single or partial exercise of such rights,
powers or privileges preclude any further exercise of them or the exercise of any other right, power or privilege provided in this
Agreement.

 

		54.	This Agreement will inure to the benefit of and be binding upon the respective
heirs, executors, administrators, successors and assigns, as the case may be, of the Employer and the
Employee.

 

		55.	This Agreement may be executed in counterparts. Facsimile signatures are
binding and are considered to be original signatures.

 

		56.	This Agreement constitutes the entire agreement between the parties and there
are no further items or provisions, either oral or written. The parties to this Agreement stipulate that neither of them has made
any representations with respect to the subject matter of this Agreement except such representations as are specifically set forth
in this Agreement.

 

		57.	AT WILL PROVISION

EMPLOYEE ACKNOWLEDGES THAT
HIS OR HER EMPLOYMENT IS AT-WILL MEANING IT IS FOR NO SPECIFIED PERIOD AND EMPLOYEE OR GEXM MAY TERMINATE EMPLOYEE’S EMPLOYMENT
FOR ANY REASON, AT ANY TIME, WITH OR WITHOUT NOTICE. UPON SUCH TERMINATION, EXCEPT AS OTHERWISE PROVIDED IN THIS AGREEMENT OR BY
LAW, NEITHER PARTY SHALL HAVE ANY FURTHER LIABILITY OR OBLIGATION TO THE OTHER, EXCEPT THAT EMPLOYEE WILL IMMEDIATELY RETURN ALL
CONFIDENTIAL INFORMATION AND GEXM WORK PRODUCT, INCLUDING ANY COPIES THEREOF, TO GEXM.

 

		58.	THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED UNDER THE SUBSTANTIVE
LAWS OF THE STATE OF TEXAS, BUT SHALL HAVE APPLICATION THROUGHOUT THE WORLD, UNLESS OTHERWISE LIMITED OR RESTRICTED BY LAW. THE
PARTIES AGREE THAT THE VENUE FOR ANY LAWSUIT ARISING OUT OF THIS AGREEMENT WILL BE IN DALLAS,
TEXAS.

IN WITNESS WHEREOF, the parties have duly affixed their
signatures under hand and seal on this 4th day of May, 2018.

 

EMPLOYER:

 

 

 

/s/ Chelsea Christopherson

Chelsea Christopherson

President/COO

 

 

 

EMPLOYEE:

 

  

/s/ Dario Saintus

         Dario SaintusEX-4.1

 Exhibit 4.1 

CHASE ISSUANCE TRUST 
 as
Issuing Entity 
 CLASS A(2018-1) TERMS DOCUMENT 

dated as of May 10, 2018 

to 
 SECOND AMENDED AND
RESTATED 
 CHASESERIES INDENTURE SUPPLEMENT 

dated as of January 20, 2016 

to 
 FOURTH AMENDED AND
RESTATED 
 INDENTURE 

dated as of January 20, 2016 

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(2018-1) 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	  	 	5	 
	 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(2018-1) Notes; Depository; Denominations	  	 	7	 
	 Section 2.07
	 	Delivery and Payment for the Class A(2018-1) Notes	  	 	7	 
	 Section 2.08
	 	Supplemental Indenture	  	 	7	 
	 Section 2.09
	 	No Ratings Confirmation Required for Class A(2018-1) Notes	  	 	8	 

 THIS CLASS A(2018-1) 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
May 10, 2018. 
 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(2018-1) Notes and no other Tranche of CHASEseries Notes issued by the Issuing Entity. 

“Asset Pool Supplement” means the Third Amended and Restated Asset Pool One Supplement to the Indenture, dated as of
January 20, 2016, as amended, by and among the Issuing Entity, the Indenture Trustee and the Collateral Agent. 

“Beneficiary” means Chase Card Funding LLC, in its capacity as beneficial owner of the Issuing Entity. 

“Calculation Agent” is defined in Section 2.04(a). 

“Class A(2018-1) Adverse Event” means the occurrence of any of the
following: (a) an Early Amortization Event with respect to the Class A(2018-1) Notes, (b) an Event of Default and acceleration of the Class A(2018-1)
Notes, (c) the Class A Usage of the Class B Required Subordinated Amount for the Class A(2018-1) Notes becomes greater than zero or (d) the Class A Usage of the Class C
Required Subordinated Amount for the Class A(2018-1) Notes becomes greater than zero. 

“Class A(2018-1) Note” means any Note, substantially in the form
set forth in Exhibit A-1 to the Indenture Supplement, designated therein as a Class A(2018-1) Note and duly executed and authenticated in accordance with the
Indenture. 
 “Class A(2018-1) Noteholder” means a Person in
whose name a Class A(2018-1) Note is registered in the Note Register. 

“Class A(2018-1) Termination Date” means the earliest to occur of
(a) the Principal Payment Date on which the Outstanding Dollar Principal Amount of the Class A(2018-1) 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 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). 
 “Controlled Accumulation Amount”
means $116,666,666.67; 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(2018-1) Notes will be the amount specified in the definition of “Controlled Accumulation Amount” in the Indenture Supplement. 

“Indenture” means the Fourth Amended and Restated Indenture, dated as of January 20, 2016, as amended, between the
Issuing Entity and the Indenture Trustee. 

  
 2 

 “Indenture Supplement” means the Second Amended and Restated CHASEseries
Indenture Supplement, dated as of January 20, 2016, among the Issuing Entity, the Indenture Trustee and the Collateral Agent. 

“Initial Dollar Principal Amount” means $1,400,000,000. 

“Interest Payment Date” means June 15, 2018 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 May 10, 2018. 

“Legal Maturity Date” means April 17, 2023. 

“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) May 8, 2018 for the period from and including the Issuance Date through but
excluding the initial Interest Payment Date and (2) for each Interest Period thereafter, the second London Business Day prior to the commencement of such 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 0.20% 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. 
 “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. 

  
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 “Reuters Screen LIBOR01 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 April 15, 2021. 

“Stated Principal Amount” means $1,400,000,000. 

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(2018-1) 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(2018-1) Notes.” 

Section 2.02    Specification of Required Subordinated Amount and Other Terms. 

(a)    For the Class A(2018-1) Notes for any date of determination, the
Class A Required Subordinated Amount of Class B Notes will be an amount equal to 8.13953% of (i) prior to the occurrence of a Class A(2018-1) Adverse Event, the Adjusted Outstanding Dollar
Principal Amount of the Class A(2018-1) Notes on such date of determination or (ii) on and after the date on which a Class A(2018-1) Adverse Event shall
have occurred, the greater of (1) the Adjusted Outstanding Dollar Principal Amount of the Class A(2018-1) Notes on such date of determination and (2) the Adjusted Outstanding Dollar Principal
Amount of the Class A(2018-1) Notes as of the close of business on the day immediately preceding the date on which such Class A(2018-1) Adverse Event shall
have occurred. 
 (b)    For the Class A(2018-1) Notes for any date of
determination, the Class A Required Subordinated Amount of Class C Notes will be an amount equal to 8.13953% of (i) prior to the occurrence of a Class A(2018-1) Adverse Event, the Adjusted
Outstanding Dollar Principal Amount of the Class A(2018-1) Notes on such date or (ii) on and after the date on which a Class A(2018-1) Adverse Event shall
have occurred, the greater of (1) the Adjusted Outstanding Dollar Principal Amount of the Class A(2018-1) Notes on such date of determination and (2) Adjusted Outstanding Dollar Principal Amount
of the Class A(2018-1) Notes as of the close of business on the day immediately preceding the date on which such Class A(2018-1) 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. 

Section 2.03    Interest Payment. 

(a)    For each Interest Payment Date, the amount of interest due with respect to the
Class A(2018-1) 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(2018-1) Notes determined as of the close of business on the
Interest Payment Date preceding the related Note Transfer Date for the Class A(2018-1) Notes; provided, however, that for the first 

  
 5 

 
Interest Payment Date, the amount of interest due with respect to the Class A(2018-1) Notes shall be an amount equal to the product of (x) the
Outstanding Dollar Principal Amount of the Class A(2018-1) Notes on the Issuance Date, (y) 36 divided by 360 and (z) the Note Interest Rate in effect with respect to the Class A(2018-1) Notes determined on May 8, 2018. Interest on the Class A(2018-1) 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(2018-1) Notes, the Indenture Trustee shall deposit into the Class A(2018-1) Interest Funding
Sub-Account the portion of CHASEseries Available Finance Charge Collections allocable to the Class A(2018-1) Notes. 

Section 2.04    Calculation Agent; Determination of LIBOR. 

(a)    The Issuing Entity hereby agrees that for so long as any
Class A(2018-1) 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 LIBOR01 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 LIBOR01 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
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. 

  
 6 

 (d)    On each LIBOR Determination Date, the Calculation Agent shall send to
the Indenture Trustee and the Beneficiary, via email or 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(2018-1)
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(2018-1) 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. 
 (b)    The right of the Class A(2018-1) Noteholders to receive payments from the Issuing Entity will terminate on the first Business Day following the Class A(2018-1) Termination Date. 

Section 2.06    Form of Delivery of Class A(2018-1)
Notes; Depository; Denominations. 
 (a)    The Class A(2018-1) 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. 

(b)    The Depository for the Class A(2018-1) Notes shall be The Depository
Trust Company, and the Class A(2018-1) Notes shall initially be registered in the name of Cede & Co., its nominee. 

(c)    The Class A(2018-1) 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(2018-1) Notes. 
 The Issuing Entity shall execute and deliver the Class A(2018-1) Notes to the Indenture Trustee for authentication, and the Indenture Trustee shall deliver the Class A(2018-1) 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(2018-1)
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(2018-1) Notes shall, in addition to the requirements set forth in 

  
 7 

 
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    No
Ratings Confirmation Required for Class A(2018-1) Notes. 
 Notwithstanding
Section 3.10(a)(iv) of the Indenture, the Issuing Entity will not be required to obtain written confirmation from each Note Rating Agency that an issuance of a new Tranche of Notes will not have a Ratings Effect on the Class A(2018-1) Notes. 
 [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 Administrator
		
	By:	 	/s/ Patricia M. Garvey

 
					
		 	Name:	 	 Patricia M. Garvey

		 	Title:	 	 Executive Director

  

			
	 WELLS FARGO BANK, NATIONAL ASSOCIATION,

as Indenture Trustee and Collateral Agent

		
	By:	 	/s/ Cheryl Zimmerman

 
					
		 	Name:	 	Cheryl Zimmerman
		 	Title:	 	Vice President

  
 Chase Issuance Trust 

CHASEseries Class A(2018-1) Terms Document

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