Document:

Exhibit 4.11

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              CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION,

                       as Depositor and Administrator

                                    and

                    CHASE CREDIT CARD OWNER TRUST 2002-4

                                 as Issuer

                                  DEPOSIT

                                    AND

                          ADMINISTRATION AGREEMENT

                         Dated as of June 20, 2002

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                                     TABLE OF CONTENTS

                                         ARTICLE I
                                        DEFINITIONS

<S>     <C>                                                                                <C>
SECTION 1.1         Definitions.............................................................1
SECTION 1.2         Usage of Terms..........................................................1

                                        ARTICLE II
                                  DEPOSIT OF CERTIFICATE

SECTION 2.1         Deposit of Certificate and Initial Deposit..............................1
SECTION 2.2         Closing.................................................................2
SECTION 2.3         Books and Records.......................................................2
SECTION 2.4         Holder of the Series Certificate........................................3

                                        ARTICLE III
                         DEPOSITOR REPRESENTATIONS AND WARRANTIES

SECTION 3.1         Representations and Warranties of Depositor.............................3

                                        ARTICLE IV
                                      ADMINISTRATION

SECTION 4.1         Duties as Administrator.................................................5
SECTION 4.2         Records................................................................12
SECTION 4.3         [Reserved].............................................................12
SECTION 4.4         Additional Information To Be Furnished to Issuer.......................12
SECTION 4.5         Independence of Administrator..........................................12
SECTION 4.6         No Joint Venture.......................................................12
SECTION 4.7         Other Activities of Administrator......................................12

                                         ARTICLE V
                                        TERMINATION

SECTION 5.1         Term of Agreement; Resignation and Removal of Administrator............13
SECTION 5.2         Action upon Termination, Resignation or Removal........................15

                                        ARTICLE VI
                                       MISCELLANEOUS

SECTION 6.1         Notices................................................................15
SECTION 6.2         Amendments.............................................................16
SECTION 6.3         Protection of Title to Owner Trust.....................................17

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SECTION 6.4         Successors and Assigns.................................................18
SECTION 6.5         GOVERNING LAW..........................................................18
SECTION 6.6         Headings...............................................................18
SECTION 6.7         Counterparts...........................................................18
SECTION 6.8         Severability...........................................................18
SECTION 6.9         Not Applicable to Chase Manhattan Bank USA, National
                    Association in Other Capacities........................................18
SECTION 6.10        Limitation of Liability of Owner Trustee, Indenture Trustee
                    and Administrator......................................................18
SECTION 6.11        Third-Party Beneficiary................................................19
SECTION 6.12        Nonpetition Covenants..................................................19
SECTION 6.13        Liability of Administrator.............................................20

Exhibit A           Power of Attorney

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          This DEPOSIT AND ADMINISTRATION AGREEMENT, dated as of June 20, 2002
(as amended, supplemented or otherwise modified and in effect from time to
time, this "Agreement"), is made between CHASE MANHATTAN BANK USA, NATIONAL
ASSOCIATION, a national banking association having its principal executive
offices located at White Clay Center Building 200, Route 273, Newark, Delaware
19711 ("Chase USA," the "Transferor" or the "Depositor" in its respective
capacities as such), and WILMINGTON TRUST COMPANY, not in its individual
capacity but solely as Owner Trustee of Chase Credit Card Owner Trust 2002-4,
a Delaware common law trust, as issuer (the "Issuer").

                           W I T N E S S E T H :

          In consideration of the premises and of the mutual agreements herein
contained, the parties hereto agree as follows:

                                 ARTICLE I

                                DEFINITIONS

          SECTION 1.1 Definitions. Whenever used in this Agreement, words and
phrases, unless defined herein or the context otherwise requires, shall have
the meanings set forth in the Indenture.

          SECTION 1.2 Usage of Terms. With respect to all terms in this
Agreement, the singular includes the plural and the plural the singular; words
importing any gender include the other gender; references to "writing" include
printing, typing, lithography, and other means of reproducing words in a
visible form; references to agreements and other contractual instruments
include all subsequent amendments thereto or changes therein entered into in
accordance with their respective terms and not prohibited by this Agreement;
references to Persons include their permitted successors and assigns; and the
term "including" means "including without limitation." All references herein
to Articles, Sections, Subsections and Exhibits are references to Articles,
Sections, Subsections and Exhibits contained in or attached to this Agreement
unless otherwise specified, and each such Exhibit is part of the terms of this
Agreement.

                                 ARTICLE II

                           DEPOSIT OF CERTIFICATE

          SECTION 2.1 Deposit of Certificate and Initial Deposit. (a) In
consideration of the Issuer's delivery of the Notes to and upon the order of
the Depositor, the Depositor does hereby transfer, assign, set-over, pledge
and otherwise convey to the Issuer, without recourse (subject to the
Depositor's obligations herein), all right, title, and interest of the
Depositor in, to and under (i) the Series Certificate, and all money,
instruments, investment property and other property (together with all
earnings, dividends, distributions, income, issues, and profits relating
thereto), distributed or distributable in respect of the Series Certificate
pursuant to the terms of

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the Series Supplement and the Pooling and Servicing Agreement after the
Closing Date and (ii) the initial deposit to the Owner Trust Spread Account in
the amount of $15,000,000 on the Closing Date.

          This Agreement also shall be deemed to be, and hereby is, a security
agreement within the meaning of the UCC, and the conveyance by the Depositor
provided for in this Agreement shall be deemed to be and hereby is a grant by
the Depositor to the Issuer of a security interest in and to all of the
Depositor's right, title and interest, whether now owned or hereafter
acquired, in, to and under all accounts, general intangibles, chattel paper,
instruments, documents, money, deposit accounts, arising from, or relating to
the Series Certificate and the proceeds thereof, to secure the rights of the
Issuer under this Agreement and the obligations of the Depositor hereunder.
The Depositor and the Issuer shall, to the extent consistent with this
Agreement, take such actions as may be necessary to ensure that the security
interest in the Series Certificate created hereunder will be a perfected
security interest of first priority under applicable law and will be
maintained as such throughout the term of this Agreement.

          It is the intention of the Depositor and the Issuer that (a) the
assignment and transfer herein contemplated constitute a sale of the Series
Certificate, conveying good title thereto free and clear of any liens and
encumbrances, from the Depositor to the Issuer and (b) the Series Certificate
not be part of the Depositor's estate in the event of an insolvency of the
Depositor. In the event that such conveyance is deemed to be a pledge to
secure a loan, the Depositor hereby grants to the Issuer a first priority
perfected security interest in all of the Depositor's right, title and
interest in, to and under the Series Certificate, and in all proceeds of the
foregoing, to secure the loan deemed to be made in connection with such pledge
and, in such event, this Agreement shall constitute a security agreement under
applicable law.

          It is the intention of the parties hereto that the transfer of
Series Certificates to the Trust pursuant to this Agreement be subject to, and
be treated in accordance with, the "Asset Backed Securities Facilitation Act,"
Title 6, Chapter 27A of the Delaware Code (the "Delaware Act") and each of the
parties hereto agrees that this Agreement has been entered into by the parties
hereto in express reliance upon the Delaware Act. For purposes of complying
with the requirements of the Delaware Act, each of the parties hereto hereby
agrees that any property, assets or rights purported to be transferred, in
whole or in part, by Chase USA pursuant to this Agreement shall be deemed to
no longer be the property, assets or rights of Chase USA.

          SECTION 2.2 Closing. The sale of the Series Certificate shall take
place on the Closing Date, simultaneously with the closing of the other
transactions contemplated by the Basic Documents. The Series Certificate shall
then be delivered to the Owner Trustee in Delaware and upon receipt thereof
shall then be delivered by the Owner Trustee to the Indenture Trustee.

          SECTION 2.3 Books and Records.

               (a) In connection with the transfer, assignment, set-over,
     pledge and conveyance set forth in Section 2.1, the Depositor agrees to
     record and file, at its

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     own expense, any financing statements (and continuation statements with
     respect to such financing statements when applicable) required to be
     filed with respect to the Series Certificate assigned by the Depositor
     hereunder, meeting the requirements of applicable state law in such
     manner and in such jurisdictions as are necessary under applicable law to
     perfect the transfer, assignment, set-over, pledge and conveyance of the
     Series Certificate to the Issuer, and to deliver a file-stamped copy of
     such financing statements or other evidence of such filings to the Issuer
     on or prior to the Closing Date (excluding such continuation and similar
     statements, which shall be delivered promptly after filing).

               (b) In connection with the transfer, assignment, set-over,
     pledge and conveyance hereunder, the Depositor further agrees, at its own
     expense, on or prior to the Closing Date to cause the Master Trust
     Trustee to register the Issuer as the registered owner of the Series
     Certificate.

          SECTION 2.4 Holder of the Series Certificate. For so long as the
Series Certificate is pledged to the Indenture Trustee under the Indenture,
the Indenture Trustee initially shall be deemed to be the holder of the Series
Certificate for all purposes under the Pooling and Servicing Agreement and the
Series Supplement. To the extent the Series Certificate is sold or otherwise
transferred, subject to the provisions of Section 5.4 of the Indenture and
Section 16 of the Series Supplement, to a third-party in connection with the
sale or liquidation of the Owner Trust Estate pursuant to the provisions of
the Indenture, such transferee shall be deemed to be the holder of the Series
Certificate for all purposes under the Pooling and Servicing Agreement and the
Series Supplement.

                                ARTICLE III

                  DEPOSITOR REPRESENTATIONS AND WARRANTIES

          SECTION 3.1 Representations and Warranties of Depositor. The
Depositor makes the following representations and warranties with respect to
the Series Certificate on which the Issuer is deemed to have relied in
acquiring the Series Certificate. Such representations and warranties speak as
of the execution and delivery of this Agreement, but shall survive the
transfer and assignment of the Series Certificate to the Issuer and the pledge
thereof to the Indenture Trustee pursuant to the Indenture.

              (a) Title. It is the intention of the Depositor (i) that the
     transfer contemplated in subsection 2.1(a) herein constitute either (A) a
     sale of the Series Certificate, or (B) a grant of a valid and continuing
     security interest therein from the Depositor to the Issuer which security
     interest is prior to all other Liens and is enforceable against creditors
     and purchasers from the Depositor and (ii) to the extent that the
     Depositor retains any interest in the Series Certificate after the
     transfer contemplated by subsection 2.1(a) herein, that the grant
     contemplated in subsection 2.1(b) herein constitute a grant of a
     perfected security interest therein from the Depositor to the Indenture
     Trustee for the benefit of the Holders of the Notes and that the
     beneficial interest in the title to the Series Certificate not be part of
     the debtor's estate in the event of the filing of a bankruptcy petition
     by or against the Depositor under any bankruptcy law. Other than

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     pursuant to this Agreement, the Series Certificate has not been sold,
     transferred, assigned or pledged by the Depositor to any Person.
     Immediately prior to the transfer and assignment herein contemplated, the
     Depositor owned and had good and marketable title to the Series
     Certificate, free and clear of all Liens, claims, rights or encumbrances
     of others and, immediately upon the transfer thereof, the Issuer shall
     have good and marketable title to the Series Certificate, free and clear
     of all liens, claims, rights or encumbrances of others or a first
     priority perfected security interest therein. The Depositor has not
     authorized the filing of and is not aware of any financing statements
     against the Depositor that include a description of collateral covering
     the Series Certificate other than any financing statement relating to the
     security interest granted to the Issuer hereunder or the security
     interest granted by the Issuer to the Indenture Trustee. The Depositor
     has no actual knowledge of any current statutory or other non-consensual
     liens, including any judgment or tax lien filings against the Debtor, to
     which the Series Certificate is subject.

               (b) Certificated Security. The Series Certificate constitutes a
     "certificated security" within the meaning of the applicable UCC.

               (c) Delivery of Series Certificate. The sole original executed
     copy of the Series Certificate has been delivered to the Issuer and has
     been registered in the name of the Issuer. The Series Certificate has no
     marks or notations indicating that it has been pledged, assigned or
     otherwise conveyed to any Person other than the Issuer, provided that the
     Series Certificate with an undated bond power covering the Series
     Certificate, duly executed by the Issuer and endorsed in blank, shall be
     delivered to the Indenture Trustee, and the Indenture Trustee shall
     maintain possession of the Series Certificate for the benefit of the
     Holders of the Notes, subject to the terms of the Indenture.

               (d) No Consents Required. All approvals, authorizations,
     consents, orders or other actions of any Person or of any Governmental
     Authority required in connection with the execution and delivery by the
     Depositor of this Agreement or any other Basic Document, the performance
     by the Depositor of the transactions contemplated by this Agreement or
     any other Basic Document and the fulfillment by the Depositor of the
     terms hereof and thereof have been obtained or have been completed and
     are in full force and effect (other than approvals, authorizations,
     consents, orders and other actions which if not obtained or completed or
     in full force or effect would not have a material adverse effect on the
     Depositor or the Issuer or upon the collectibility of the proceeds from
     the Series Certificate or upon the ability of the Depositor to perform
     its obligations under this Agreement).

               (e) Transfers Comply. Each of (i) the transfer of the Series
     Certificate by the Depositor to the Issuer pursuant to the terms of this
     Agreement, (ii) the pledge of the Series Certificate by the Depositor to
     the Indenture Trustee for the benefit of the Holders of the Notes
     pursuant to the terms of this Agreement, and (iii) the pledge of the
     Series Certificate by the Issuer to the Indenture Trustee pursuant to the
     terms of the Indenture, comply with the provisions of the Pooling and
     Servicing Agreement and the Series Supplement relating to the transfers
     of the Series Certificate.

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               (f) All Actions Taken. All actions necessary under the
     applicable UCC in any jurisdiction to be taken (i) to give the Issuer a
     first priority perfected security interest or ownership interest in the
     Series Certificate, and (ii) to give the Indenture Trustee a first
     priority perfected security interest therein (including, without
     limitation, UCC filings with the Delaware Secretary of State), in each
     case subject to any statutory or other non-consensual liens with respect
     to the Series Certificate, have been taken. The Depositor has no actual
     knowledge of any current statutory or other non-consensual liens to which
     the Series Certificate is subject.

                                 ARTICLE IV

                               ADMINISTRATION

          SECTION 4.1 Duties as Administrator.

               (a) Duties with Respect to the Basic Documents. The
     Administrator agrees to perform all its duties as Administrator
     hereunder. The Administrator shall monitor the performance of the Issuer
     and shall advise the Issuer and the Owner Trustee when action is
     necessary to comply with the Issuer's duties under the Indenture or with
     the Owner Trustee's duties under the Trust Agreement. The Administrator
     shall prepare for execution by the Issuer or the Owner Trustee or shall
     cause the preparation by other appropriate persons of all such documents,
     reports, filings, instruments, certificates and opinions as it shall be
     the duty of the Issuer or the Owner Trustee to prepare, file or deliver
     pursuant to the Basic Documents or under applicable law (including tax
     and securities laws). In furtherance of the foregoing, the Administrator
     shall take all appropriate action that it is the duty of the Issuer or
     the Owner Trustee to take pursuant to this Agreement or the Indenture
     including, without limitation, such of the foregoing as are required with
     respect to the following matters under this Agreement and the Indenture
     (references are to sections of the Indenture):

                        (i) the preparation of or obtaining of the documents
          and instruments required for authentication of the Notes, if any,
          and delivery of the same to the Indenture Trustee (Sections 2.2 and
          2.3);

                    (ii) the duty to cause the Note Register to be kept and to
          give the Indenture Trustee notice of any appointment of a new Note
          Registrar and the location, or change in location, of the Note
          Register and the office or offices where Notes may be surrendered
          for registration of transfer or exchange (Section 2.4);

                    (iii) the notification of Noteholders of the final
          principal payment on their Notes (subsection 2.7(h));

                    (iv) the preparation, obtaining or filing of the
               instruments, opinions and certificates and other documents
               required for the release of collateral (Section 2.9);

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                    (v) the preparation of Definitive Notes and arranging the
          delivery thereof (Section 2.12);

                    (vi) the duty to cause newly appointed Paying Agents, if
          any, to deliver to the Indenture Trustee the instrument specified in
          the Indenture regarding funds held in trust (Section 2.14);

                    (vii) to select Reference Banks, if necessary, or other
          banks from which quotes are obtained for the purpose of determining
          LIBOR (Section 2.16);

                    (viii) the maintenance of an office or agency in the City
          of New York for registration of transfer or exchange of Notes
          (Section 3.2);

                    (ix) the direction to Paying Agents to pay to the Indenture
          Trustee all sums held in trust by such Paying Agents (Section 3.3);

                    (x) the obtaining and preservation of the Issuer's
          qualification to do business in each jurisdiction in which such
          qualification is or shall be necessary to protect the validity and
          enforceability of the Indenture, the Notes, the Collateral and each
          other instrument and agreement included in the Owner Trust Estate
          (Section 3.4);

                    (xi) the preparation of all supplements, amendments,
          financing statements, continuation statements, if any, instruments
          of further assurance and other instruments, in accordance with
          Section 3.5 of the Indenture, necessary to protect the Owner Trust
          Estate (Section 3.5);

                    (xii) the obtaining of the Opinion of Counsel on the
          Closing Date and the annual delivery of Opinions of Counsel, in
          accordance with Section 3.6 of the Indenture, as to the Owner Trust
          Estate, and the annual delivery of the Officer's Certificate and
          certain other statements, in accordance with Section 3.9 of the
          Indenture, as to compliance with the Indenture (Sections 3.6 and
          3.9);

                    (xiii) the identification to the Indenture Trustee in an
          Officer's Certificate of a Person with whom the Issuer has
          contracted to perform its duties under the Indenture (subsection
          3.7(b));

                    (xiv) the notification of the Indenture Trustee and the
          Note Rating Agencies of a Master Trust Servicer Default pursuant to
          the Pooling and Servicing Agreement and, if such Master Trust
          Servicer Default arises from the failure of the Servicer to perform
          any of its duties under the Pooling and Servicing Agreement, the
          taking of all reasonable steps available to remedy such failure
          (subsection 3.7(d));

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                    (xv) the preparation and obtaining of documents and
          instruments required for the release of the Issuer from its
          covenants and agreements under the Indenture (subsection 3.11(b));

                    (xvi) the delivery of notice to the Indenture Trustee of
          each Event of Default and each default by the Depositor under this
          Agreement (Section 3.18);

                    (xvii) the taking of such further acts as may be reasonably
          necessary or proper to carry out more effectively the purpose of the
          Indenture or to compel or secure the performance and observance by
          the Depositor of its obligations under this Agreement (Sections 3.19
          and 5.16);

                    (xviii) the monitoring of the Issuer's obligations as to
          the satisfaction and discharge of the Indenture and the preparation
          of an Officer's Certificate and the obtaining of the Opinion of
          Counsel and the Independent Certificate relating thereto (Section
          4.1);

                    (xix) the compliance with any written directive of the
          Indenture Trustee with respect to the sale of the Owner Trust Estate
          if an Event of Default shall have occurred and be continuing
          (Section 5.4);

                    (xx) providing the Indenture Trustee with the information
          necessary to deliver to each Noteholder such information as may be
          reasonably required to enable such Holder to prepare its United
          States federal and state, local income or franchise tax returns
          (Section 6.6);

                    (xxi) the preparation and delivery of notice to Noteholders
          of the removal of the Indenture Trustee and the appointment of a
          successor Indenture Trustee (Section 6.8);

                    (xxii) the preparation of any written instruments required
          to confirm more fully the authority of any co-trustee or separate
          trustee and any written instruments necessary in connection with the
          resignation or removal of the Indenture Trustee or any co-trustee or
          separate trustee (Sections 6.8 and 6.10);

                    (xxiii) the furnishing of the Indenture Trustee with the
          names and addresses of Noteholders during any period when the
          Indenture Trustee is not the Note Registrar (Section 7.1);

                    (xxiv) the preparation and, after execution by the Issuer,
          the filing with the Commission and any applicable state agencies and
          the Indenture Trustee of documents required to be filed on a
          periodic basis with, and summaries thereof as may be required by
          rules and regulations prescribed by, the Commission and any
          applicable state agencies and the transmission of such summaries, as
          necessary, to the Noteholders (Section 7.4);

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                    (xxv) the obtaining of an Officer's Certificate, Opinion of
          Counsel and Independent Certificates, if necessary, for the release
          of the Owner Trust Estate as defined in the Indenture (Sections 8.4
          and 8.5);

                    (xxvi) the preparation of Issuer Orders and Issuer Requests
          and the obtaining of Opinions of Counsel with respect to the
          execution of supplemental indentures and the mailing to the
          Noteholders of notices with respect to such supplemental indentures
          (Sections 9.1 and 9.2);

                    (xxvii) the execution of new Notes conforming to any
          supplemental indenture (Section 9.5);

                    (xxviii) providing the Indenture Trustee with the form of
          notice necessary to deliver the notification of Noteholders of
          redemption of the Notes (Section 10.2);

                    (xxix) the preparation of all Officer's Certificates,
          Opinions of Counsel and Independent Certificates with respect to any
          requests by the Issuer to the Indenture Trustee to take any action
          under the Indenture (Section 11.1(a));

                    (xxx) the preparation and delivery of Officer's
          Certificates and the obtaining of Independent Certificates, if
          necessary, for the release of property from the lien of the
          Indenture (Section 11.1(b));

                    (xxxi) the preparation and delivery to the Noteholders and
          the Indenture Trustee of any agreements with respect to alternate
          payment and notice provisions (Section 11.6); and

                    (xxxii) the recording of the Indenture, if applicable
          (Section 11.15).

               (b) Additional Duties.

                    (i) In addition to the duties of the Administrator set forth
          above, the Administrator shall keep all books and records, perform
          such calculations and shall prepare for execution by the Issuer or
          the Owner Trustee or shall cause the preparation by other
          appropriate persons of all such documents, reports, filings,
          instruments, certificates and opinions as it shall be the duty of
          the Issuer or the Owner Trustee to keep, perform, prepare, file or
          deliver pursuant to any of the Basic Documents and at the request of
          the Owner Trustee shall take all appropriate action that it is the
          duty of the Issuer or the Owner Trustee to take pursuant to the
          Basic Documents. Subject to Section 5 of this Agreement, and in
          accordance with the directions of the Owner Trustee, the
          Administrator shall administer, perform or supervise the performance
          of such other activities in connection with the Owner Trust Estate
          (including the Basic Documents) as are not covered by any of the
          foregoing provisions and as are expressly requested by the Owner
          Trustee and are reasonably within the capability of the
          Administrator.

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                    (ii) Notwithstanding anything in this Agreement or the
          other Basic Documents to the contrary, the Administrator shall be
          responsible for promptly notifying the Indenture Trustee in the
          event that any withholding tax is imposed on the Issuer's payments
          (or allocations of income) to a Noteholder. Any such notice shall
          specify the amount of any withholding tax required to be withheld by
          the Owner Trustee pursuant to such provision.

                    (iii) Notwithstanding anything in this Agreement or the
          other Basic Documents to the contrary, the Administrator shall be
          responsible for (A) performance of the duties of the Owner Trustee
          and the Issuer set forth in Sections 2.7, 2.10, 2.11, 2.12, 2.13(d),
          5.16, 6.7, 6.10, and 10.1 of the Indenture with respect to, among
          other things, accounting and reports to the Certificateholder and
          the maintenance of certain accounts and (B) the preparation,
          execution and filing of all documents required by tax and securities
          laws relating to the Issuer.

                    (iv) The Administrator may satisfy its obligations with
          respect to clauses (ii) and (iii) above by retaining, at the expense
          of the Administrator, a firm of independent public accountants (the
          "Accountants") acceptable to the Indenture Trustee which shall
          perform the obligations of the Administrator thereunder.

                    (v) The Administrator shall perform the duties of the
          Administrator specified in Sections 9.2 and 9.3 of the Trust
          Agreement required to be performed in connection with the
          resignation or removal of the Owner Trustee, the duties of the
          Administrator specified in Section 9.5 of the Trust Agreement
          required to be performed in connection with the appointment and
          payment of co-Trustees, and any other duties expressly required to
          be performed by the Administrator under the Trust Agreement.

                    (vi) In carrying out the foregoing duties or any of its
          other obligations under this Agreement, the Administrator may enter
          into transactions with or otherwise deal with any of its Affiliates;
          provided, however, that the terms of any such transactions or
          dealings shall be in accordance with any directions received from
          the Issuer and shall be, in the Administrator's opinion, no less
          favorable to the Issuer than would be available from unaffiliated
          parties.

                    (vii) It is the intention of the parties hereto that the
          Administrator shall, and the Administrator hereby agrees to, execute
          on behalf of the Issuer or the Owner Trustee all such documents,
          reports, filings, instruments, certificates and opinions as it shall
          be the duty of the Issuer or the Owner Trustee to prepare, file or
          deliver pursuant to the Basic Documents. In furtherance thereof, the
          Owner Trustee shall, on behalf of itself and of the Issuer, execute
          and deliver to the Administrator, and to each successor
          Administrator appointed pursuant to the terms hereof, one or more
          powers of attorney substantially in the form of Exhibit A hereto,
          appointing the Administrator the attorney-in-fact of the Owner
          Trustee and the Issuer for the purpose of executing on behalf of the
          Owner

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          Trustee and the Issuer all such documents, reports, filings,
          instruments, certificates and opinions.

               (c) Non-Ministerial Matters. (i) With respect to matters that in
     the reasonable judgment of the Administrator are non-ministerial, the
     Administrator shall not take any action unless within a reasonable time
     before the taking of such action, the Administrator shall have notified
     the Owner Trustee of the proposed action and the Owner Trustee shall not
     have withheld consent or provided an alternative direction. For the
     purpose of the preceding sentence, "non-ministerial matters" shall
     include, without limitation:

          (A) the initiation of any claim or lawsuit by the Issuer and the
     compromise of any action, claim or lawsuit brought by or against the
     Issuer (other than in connection with the collection of the Receivables);

          (B) the amendment, change or modification of the Basic Documents;

          (C) the appointment of successor Note Registrars, successor Paying
     Agents and successor Indenture Trustees pursuant to the Indenture or the
     appointment of successor Administrators or the consent to the assignment
     by the Note Registrar, the Paying Agent or the Indenture Trustee of its
     obligations under the Indenture; and

          (D) the removal of the Indenture Trustee.

                    (ii) Notwithstanding anything to the contrary in this
          Agreement, the Administrator shall not be obligated to, and shall
          not, (x) make any payments to the Noteholders or the
          Certificateholder under the Basic Documents, (y) sell the Owner
          Trust Estate pursuant to the Indenture other than pursuant to a
          written directive of the Indenture Trustee or (z) take any action
          that the Issuer directs the Administrator not to take on its behalf.

               (d) Reports by the Administrator. On or prior to each Transfer
     Date, the Administrator will provide to the Indenture Trustee for the
     Indenture Trustee to forward to each Noteholder of record, and to the
     Owner Trustee, a statement setting forth (to the extent applicable) the
     following information as to the Notes with respect to the related Payment
     Date or the period since the previous Payment Date, as applicable:

                    (i) the amount of the distribution allocable to principal
          of the Notes;

                    (ii) the amount of the distribution allocable to interest
          on or with respect to the Notes;

                    (iii) the aggregate outstanding principal balance of the
          Notes after giving effect to all payments reported under clause (i)
          above on such date; and

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                    (iv) the amount, if any, on deposit in the Owner Trust
          Spread Account on such Payment Date, after giving effect to all
          transfers and withdrawals therefrom and all transfers and deposits
          thereto on such Payment Date, and the amount required to be on
          deposit in the Owner Trust Spread Account on such date.

          Each amount set forth pursuant to clauses (i) and (ii) above will be
     expressed as a dollar amount per $1,000 of the initial principal balance
     of the Notes.

               (e) Owner Trust Accounts. The Administrator shall establish and
     maintain, (i) in the name of the Indenture Trustee, for the benefit of
     the Noteholders, an Eligible Deposit Account (the "Note Distribution
     Account"), bearing a designation clearly indicating that the funds
     deposited therein are held for the benefit of the Noteholders. The
     Administrator shall establish and maintain, in the name of the Indenture
     Trustee, for the benefit of the Class C Noteholders (and, to the extent
     expressly provided in the Indenture, the Certificateholder), an Eligible
     Deposit Account (the "Owner Trust Spread Account"), and, together with
     the Note Distribution Account, the "Owner Trust Accounts"), bearing a
     designation clearly indicating that the funds deposited therein are held
     for the benefit of the Class C Noteholders. The Indenture Trustee shall
     possess all right, title and interest in all funds on deposit from time
     to time in the Owner Trust Accounts and in all proceeds thereof. The Note
     Distribution Account shall be under the sole dominion and control of the
     Indenture Trustee for the benefit of the Noteholders. The Owner Trust
     Spread Account shall be under the sole dominion and control of the
     Indenture Trustee for the benefit of the Class C Noteholders (and, to the
     extent expressly provided in the Indenture, the Certificateholder). If,
     at any time, any Owner Trust Account ceases to be an Eligible Deposit
     Account, the Administrator shall notify the Indenture Trustee, and the
     Indenture Trustee upon being notified (or the Administrator on its
     behalf) shall, within 10 Business Days, establish a new Owner Trust
     Account which meets the conditions specified in the definition of
     Eligible Deposit Account, and shall transfer any cash or any investments
     to such new Owner Trust Account. The Indenture Trustee, at the direction
     of the Administrator, shall make withdrawals from the Owner Trust
     Accounts from time to time, in the amounts and for the purposes set forth
     in the Indenture.

               Funds on deposit in the Owner Trust Spread Account shall be
     invested at the direction of the Administrator by the Indenture Trustee
     or the Paying Agent in Permitted Investments. The Indenture Trustee shall
     maintain for the benefit of the Noteholders and the Series
     Certificateholder possession of the negotiable instruments or securities,
     if any, evidencing such Permitted Investments. No Permitted Investment
     shall be disposed of prior to its maturity.

               To the extent so instructed by the Administrator on any Transfer
     Date, the Indenture Trustee or the Paying Agent shall, if the amount on
     deposit in the Owner Trust Spread Account is greater than the Required
     Owner Trust Spread Account Amount for such Transfer Date, pay the amount
     of such excess to the Certificateholder pursuant to the Indenture.

                                      11
<PAGE>

          SECTION 4.2 Records. The Administrator shall maintain appropriate
books of account and records relating to services performed hereunder, which
books of account and records shall be accessible for inspection by the Issuer,
the Owner Trustee, the Indenture Trustee and the Depositor at any time during
normal business hours.

          SECTION 4.3 [Reserved]

          SECTION 4.4 Additional Information To Be Furnished to Issuer. The
Administrator shall furnish to the Issuer from time to time such additional
information regarding the Collateral as the Issuer shall reasonably request,
including notification of Noteholders pursuant to Section 4.1(a) hereof.

          SECTION 4.5 Independence of Administrator. For all purposes of this
Agreement, the Administrator shall be an independent contractor and shall not
be subject to the supervision of the Issuer or the Owner Trustee with respect
to the manner in which it accomplishes the performance of its obligations
hereunder. Unless expressly authorized by the Issuer or the Owner Trustee, as
the case may be, the Administrator shall have no authority to act for or
represent the Issuer or the Owner Trustee in any way and shall not otherwise
be deemed an agent of the Issuer or the Owner Trustee.

          SECTION 4.6 No Joint Venture. Nothing contained in this Agreement
shall (i) constitute the Administrator and either of the Issuer or the Owner
Trustee as members of any partnership, joint venture, association, syndicate,
unincorporated business or other separate entity, (ii) be construed to impose
any liability as such on any of them or (iii) be deemed to confer on any of
them any express, implied or apparent authority to incur any obligation or
liability on behalf of the others.

          SECTION 4.7 Other Activities of Administrator.

               (a) Nothing herein shall prevent the Administrator or its
     affiliates from engaging in other businesses or, in its sole discretion,
     from acting in a similar capacity as an administrator for any other
     person or entity even though such person or entity may engage in business
     activities similar to those of the Issuer, the Owner Trustee or the
     Indenture Trustee.

               (b) The Administrator and its affiliates may generally engage in
     any kind of business with any person party to a Basic Document, any of
     its affiliates and any person who may do business with or own securities
     of any such person or any of its affiliates, without any duty to account
     therefor to the Issuer, the Owner Trustee or the Indenture Trustee.

          SECTION 4.8 Net Deposits. As an administrative convenience, so long
as Chase USA is the Administrator and the Certificateholder, the Administrator
will be permitted to make the deposit of amounts with respect to the Series
Certificate for or with respect to any Monthly Period net of distributions to
be made to the Certificateholder with respect to such Monthly Period. The
Administrator, however, will account to the Owner Trustee, the Indenture
Trustee

                                      12
<PAGE>

and the Noteholders as if the amounts paid to the Certificateholder were paid
pursuant to the Indenture.

                                 ARTICLE V

                                TERMINATION

          SECTION 5.1 Term of Agreement; Resignation and Removal of
Administrator. This Agreement shall continue in force until (i) the
termination of the Issuer and (ii) the satisfaction and discharge of the
Indenture in accordance with Section 4.1 of the Indenture, upon which event
this Agreement shall automatically terminate.

               (a) Subject to subsections 5.1(d) and (e), the Administrator may
     resign its duties hereunder by providing the Issuer and the Owner Trustee
     with at least 60 days' prior written notice.

               (b) Subject to subsections 5.1(d) and (e), the Issuer may remove
     the Administrator without cause by providing the Administrator with at
     least 60 days' prior written notice; provided however, that if any Notes
     are outstanding at the time of the removal, the Rating Agency Condition
     shall have first been satisfied in connection with such removal.

               (c) Subject to subsections 5.1(d) and (e), at the sole option of
     the Issuer, the Administrator may be removed immediately upon written
     notice of termination from the Issuer to the Administrator if any of the
     following events shall occur:

                    (i) the Administrator shall default in the performance of
          any of its duties under this Agreement and, after notice of such
          default, shall not cure such default within 10 days (or, if such
          default cannot be cured in such time, shall not give within ten days
          such assurance of cure as shall be reasonably satisfactory to the
          Issuer);

                    (ii) a court having jurisdiction in the premises shall
          enter a decree or order for relief, and such decree or order shall
          not have been vacated within 60 days, in respect of the
          Administrator in any involuntary case under any applicable
          bankruptcy, insolvency or other similar law now or hereafter in
          effect or appoint a receiver, liquidator, assignee, custodian,
          trustee, sequestrator or similar official for the Administrator or
          any substantial part of its property or order the winding-up or
          liquidation of its affairs; or

                    (iii) the Administrator shall commence a voluntary case
          under any applicable bankruptcy, insolvency or other similar law now
          or hereafter in effect, shall consent to the entry of an order for
          relief in an involuntary case under any such law, or shall consent
          to the appointment of a receiver, liquidator, assignee, trustee,
          custodian, sequestrator or similar official for the Administrator or
          any substantial part of its property, shall consent to the taking of
          possession by

                                      13
<PAGE>

          any such official of any substantial part of its property, shall
          make any general assignment for the benefit of creditors or shall
          fail generally to pay its debts as they become due.

               The Administrator agrees that if any of the events specified in
     clause (ii) or (iii) of this subsection 5.1(c) shall occur, it shall give
     written notice thereof to the Issuer, the Owner Trustee and the Indenture
     Trustee within seven days after the happening of such event.

               (d) No resignation or removal of the Administrator pursuant to
     this Section shall be effective until (i) a successor Administrator shall
     have been appointed by the Issuer and (ii) such successor Administrator
     shall have agreed in writing to be bound by the terms of this Agreement
     in the same manner as the Administrator is bound hereunder.

               (e) The appointment of any successor Administrator shall be
     effective only after the satisfaction of the Rating Agency Condition with
     respect thereto.

               (f) A successor Administrator shall execute, acknowledge and
     deliver a written acceptance of its appointment hereunder to the
     resigning Administrator and to the Issuer. Thereupon the resignation or
     removal of the resigning Administrator shall become effective, and the
     successor Administrator shall have all the rights, powers and duties of
     the Administrator under the Indenture. The successor Administrator shall
     mail a notice of its succession to the Noteholders and the
     Certificateholder. The resigning Administrator shall promptly transfer or
     cause to be transferred all property and any related agreements,
     documents and statements held by it as Administrator to the successor
     Administrator and the resigning Administrator shall execute and deliver
     such instruments and do other things as may reasonably be required for
     fully and certainly vesting in the successor Administrator all rights,
     powers, duties and obligations hereunder.

               (g) In no event shall a resigning Administrator be liable for
     the acts or omissions of any successor Administrator hereunder.

               (h) In the exercise or administration of its duties hereunder
     and under the other Basic Documents, the Administrator may act directly
     or through its agents or attorneys pursuant to agreements entered into
     with any of them, and the Administrator shall not be liable for the
     conduct or misconduct of such agents or attorneys if such agents or
     attorneys shall have been selected by the Administrator with due care.

          SECTION 5.2 Action upon Termination, Resignation or Removal.
Promptly upon the effective date of termination of this Agreement pursuant to
subsection 5.1(a) or the resignation or removal of the Administrator pursuant
to subsection 5.1 (b) or (c), respectively, the Administrator shall be
entitled to be paid all fees and reimbursable expenses accruing to it to the
date of such termination, resignation or removal. The Administrator shall
forthwith upon termination pursuant to subsection 5.1(a) deliver to the Issuer
all property and documents of or relating to the Collateral then in the
custody of the Administrator. In the event of the resignation or removal of
the Administrator pursuant to subsection 5.1(b) or (c), respectively, the

                                      14
<PAGE>

Administrator shall cooperate with the Issuer and take all reasonable steps
requested to assist the Issuer in making an orderly transfer of the duties of
the Administrator.

          SECTION 5.3 Acquisition of Owner Trust Estate. If Chase USA
exercises its option to accept retransfer of the Series Certificate pursuant
to Section 4 of the Series Supplement, the Depositor shall (a) acquire the
Series Certificate and all rights related thereto, which acquisition shall be
effective as of the date on which such retransfer occurs, (b) deliver notice
of such acquisition to the Indenture Trustee on or prior to the related
Transfer Date, (c) deposit, on its own behalf and on behalf of the Issuer
pursuant to Section 10.1 of the Indenture, in the Note Distribution Account on
or prior to the related Transfer Date, an amount equal to the Redemption Price
and (d) succeed to all interests in and to the Issuer.

                                 ARTICLE VI

                               MISCELLANEOUS

          SECTION 6.1 Notices. Any notice, report or other communication given
hereunder shall be in writing and addressed as follows:

          if to the Issuer or the Owner Trustee, to

               Chase Credit Card Owner Trust 2002-4
               c/o Wilmington Trust Company
               Rodney Square North
               1100 North Market Street
               Wilmington, DE 19890-0001
               Attention: Corporate Trust Administration

          with a copy to:

               Richards, Layton & Finger
               One Rodney Square
               Wilmington, DE  19899
               Attention:  Eric Mazie

          if to the Administrator, to

               Chase Manhattan Bank USA, National Association
               500 Stanton Christiana Road, Floor 1
               Newark, DE  19713
               Attention: Patricia M. Garvey

          if to the Indenture Trustee, to

                 The Bank of New York
                 101 Barclay Street, 8 West
                 New York, NY  10286

                                      15
<PAGE>

                 Attention: Corporate Trust Administration

or to such other address as any party shall have provided to the other
parties in writing. Any notice required to be in writing hereunder shall be
deemed given if such notice is mailed by certified mail, postage prepaid,
or hand-delivered to the address of such party as provided above, except
that notices to the Indenture Trustee are effective only upon receipt.

          SECTION 6.2 Amendments. This Agreement may be amended from time to
time by a written amendment duly executed and delivered by the Issuer, the
Administrator and the Depositor, with the written consent of the Indenture
Trustee and without the consent of the Noteholders or the Certificateholder,
for the purpose of adding any provisions to or changing in any manner or
eliminating any of the provisions of this Agreement or of modifying in any
manner the rights of the Noteholders or the Certificateholder; provided,
however, that a copy thereof shall have been delivered to the Note Rating
Agencies and that such amendment will not (i) as evidenced by an Officer's
Certificate of the Depositor addressed and delivered to the Owner Trustee and
the Indenture Trustee, materially and adversely affect the interests of any
Noteholder or the Certificateholder or significantly change the purposes and
activities of the Issuer and (ii) as evidenced by an Opinion of Counsel
addressed to the Owner Trustee and the Indenture Trustee, cause the Issuer to
be classified as an association (or a publicly traded partnership) taxable as
a corporation for federal income tax purposes. This Agreement may also be
amended by the Issuer, the Administrator and the Depositor with the written
consent of the Indenture Trustee and the Holders of Notes evidencing a
majority in the Outstanding Amount of the Notes for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions
of this Agreement or of modifying in any manner the rights of Noteholders or
the Certificateholder; provided, however, that, a copy thereof shall have been
delivered to the Note Rating Agencies and that without the consent of the
holders of all of the Notes then Outstanding, no such amendment may (i)
increase or reduce in any manner the amount of, or accelerate or delay the
timing of, collections of payments on the Series Certificate or distributions
that are required to be made for the benefit of the Noteholders or (ii) reduce
the aforesaid percentage of the Holders of Notes which are required to consent
to any such amendment, without the consent of the Holders of all the
Outstanding Notes.

          It shall not be necessary for the consent of Noteholders pursuant to
this Section to approve the particular form of any proposed amendment or
consent, but it shall be sufficient if such consent shall approve the
substance thereof.

          SECTION 6.3 Protection of Title to Owner Trust.

               (a) The Depositor shall take all actions necessary and the
     Issuer shall cooperate with the Depositor, if applicable, to perfect, and
     maintain perfection of, the interests of the Issuer in the Series
     Certificate. The Depositor shall execute and file and cause to be
     executed and filed such financing statements and continuation statements,
     all in such manner and in such places as may be required by law fully to
     perfect, maintain, and protect the interest of the Issuer in the Series
     Certificate and in the proceeds thereof and the interest of the Indenture
     Trustee in the Owner Trust Estate and the proceeds thereof. The Depositor
     shall deliver (or cause to be delivered) to the Owner Trustee and

                                      16
<PAGE>

     the Indenture Trustee file-stamped copies of, or filing receipts for, any
     document filed as provided above, as soon as available following such
     filing.

               (b) The Depositor shall not change its name, identity or
     corporate structure in any manner that would, could or might make any
     financing statement or continuation statement filed in accordance with
     paragraph (a) above or otherwise seriously misleading within the meaning
     of 9-402(7) of the UCC (regardless of whether such a filing was ever
     made), unless it shall have given the Owner Trustee and the Indenture
     Trustee at least five days' prior written notice thereof and, if
     applicable, shall have timely filed appropriate amendments to any and all
     previously filed financing statements or continuation statements (so that
     the interest of the Issuer or the Indenture Trustee is not adversely
     affected).

               (c) Each of the Depositor and the Administrator shall have an
     obligation to give the Owner Trustee and the Indenture Trustee at least
     60 days' prior written notice of any relocation of its principal
     executive office if, as a result of such relocation, the applicable
     provisions of the UCC would require the filing of any amendment of any
     previously filed financing or continuation statement or of any new
     financing statement (regardless of whether such a filing was ever made)
     and shall promptly, if applicable, file any such amendment.

               (d) The Administrator shall permit the Indenture Trustee and its
     agents at any time following reasonable notice and during normal business
     hours to inspect, audit and make copies of and abstracts from the
     Administrator's records regarding the Series Certificate.

               (e) The Administrator shall, to the extent required by
     applicable law, cause the Notes to be registered with the Commission
     pursuant to Section 12(b) or Section 12(g) of the Exchange Act within the
     time periods specified in such sections.

          SECTION 6.4 Successors and Assigns. This Agreement may not be
assigned by the Administrator unless such assignment is previously consented
to in writing by the Issuer and the Owner Trustee and subject to satisfaction
of the Rating Agency Condition with respect thereto. An assignment with such
consent and satisfaction, if accepted by the assignee, shall bind the assignee
hereunder in the same manner as the Administrator is bound hereunder.
Notwithstanding the foregoing, this Agreement may be assigned by the
Administrator without the consent of the Issuer or the Owner Trustee to a
corporation or other organization that is a successor (by merger,
consolidation or purchase of assets) to the Administrator, provided that such
successor organization executes and delivers to the Issuer, the Owner Trustee
and the Indenture Trustee an agreement in which such corporation or other
organization agrees to be bound hereunder by the terms of said assignment in
the same manner as the Administrator is bound hereunder. Subject to the
foregoing, this Agreement shall bind any successors or assigns of the parties
hereto.

          SECTION 6.5 GOVERNING LAW. THIS AGREEMENT SHALL BE CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE, WITHOUT REFERENCE TO ITS
CONFLICT OF LAW PROVISIONS,

                                      17
<PAGE>

AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE
DETERMINED IN ACCORDANCE WITH SUCH LAWS.

          SECTION 6.6 Headings. The section headings hereof have been inserted
for convenience of reference only and shall not be construed to affect the
meaning, construction or effect of this Agreement.

          SECTION 6.7 Counterparts. This Agreement may be executed in
counterparts, each of which when so executed shall together constitute but one
and the same agreement.

          SECTION 6.8 Severability. Any provision of this Agreement that is
prohibited or unenforceable in any jurisdiction shall be ineffective to the
extent of such prohibition or unenforceability without invalidating the
remaining provisions hereof and any such prohibition or unenforceability in
any jurisdiction shall not invalidate or render unenforceable such provision
in any other jurisdiction.

          SECTION 6.9 Not Applicable to Chase Manhattan Bank USA, National
Association in Other Capacities. Nothing in this Agreement shall affect any
obligation Chase Manhattan Bank USA, National Association may have in any
other capacity.

          SECTION 6.10 Limitation of Liability of Owner Trustee, Indenture
Trustee and Administrator.

               (a) Notwithstanding anything contained herein to the contrary,
     this instrument has been signed by Wilmington Trust Company not in its
     individual capacity but solely as Owner Trustee for the Chase Credit Card
     Owner Trust 2002-4 and in no event shall Wilmington Trust Company in its
     individual capacity or any beneficial owner of the Issuer have any
     liability for the representations, warranties, covenants, agreements or
     other obligations of the Issuer hereunder, as to all of which recourse
     shall be had solely to the assets of the Issuer.

               (b) Notwithstanding anything contained herein to the contrary,
     this Agreement has been signed by The Bank of New York, not in its
     individual capacity but solely as Indenture Trustee, and in no event
     shall The Bank of New York have any liability for the representations,
     warranties, covenants, agreements or other obligations of the Issuer
     hereunder or in any of the certificates, notices or agreements delivered
     pursuant hereto, as to all of which recourse shall be had solely to the
     assets of the Issuer.

               (c) No recourse under any obligation, covenant or agreement of
     the Issuer contained in this Agreement shall be had against any agent of
     the Issuer (including the Administrator) as such by the enforcement of
     any assessment or by any legal or equitable proceeding, by virtue of any
     statute or otherwise; it being expressly agreed and understood that this
     Agreement is solely an obligation of the Issuer as a Delaware common law
     trust, and that no personal liability whatever shall attach to or be
     incurred by any agent of the Issuer (including the Administrator), as
     such, under or by reason of any of the obligations, covenants or
     agreements of the Issuer contained in this Agreement, or implied
     therefrom, and that any and all personal liability for breaches by the
     Issuer of any

                                      18
<PAGE>

     such obligations, covenants or agreements, either at common law or at
     equity, or by statute or constitution, of every such agent is hereby
     expressly waived as a condition of and in consideration for the execution
     of this Agreement.

          SECTION 6.11 Third-Party Beneficiary. Each of the Owner Trustee and
the Indenture Trustee is a third-party beneficiary to this Agreement and is
entitled to the rights and benefits hereunder and may enforce the provisions
hereof as if it were a party hereto. The Administrator agrees to compensate
and indemnify the Indenture Trustee pursuant to Section 6.7 of the Indenture.

          SECTION 6.12 Nonpetition Covenants.

               (a) Notwithstanding any prior termination of this Agreement, the
     Depositor shall not at any time with respect to the Issuer or the Master
     Trust, acquiesce, petition or otherwise invoke or cause the Issuer or the
     Master Trust to invoke the process of any court or government authority
     for the purpose of commencing or sustaining a case against the Issuer or
     the Master Trust under any Federal or state bankruptcy, insolvency or
     similar law or appointing a receiver, conservator, liquidator, assignee,
     trustee, custodian, sequestrator or other similar official of the Issuer
     or the Master Trust or any substantial part of its property, or ordering
     the winding up or liquidation of the affairs of the Issuer or the Master
     Trust; provided, however, that this subsection 6.12(a) shall not operate
     to preclude any remedy described in Article V of the Indenture.

               (b) Notwithstanding any prior termination of this Agreement, the
     Issuer shall not at any time with respect to the Master Trust, acquiesce,
     petition or otherwise invoke or cause the Master Trust to invoke the
     process of any court or government authority for the purpose of
     commencing or sustaining a case against the Master Trust under any
     Federal or state bankruptcy, insolvency or similar law or appointing a
     receiver, conservator, liquidator, assignee, trustee, custodian,
     sequestrator or other similar official of the Master Trust or any
     substantial part of its property, or ordering the winding up or
     liquidation of the affairs of the Master Trust; provided, however, that
     this subsection 6.12(b) shall not operate to preclude any remedy
     described in Article V of the Indenture.

          SECTION 6.13 Liability of Administrator. Notwithstanding any
provision of this Agreement, the Administrator shall not have any obligations
under this Agreement other than those specifically set forth herein, and no
implied obligations of the Administrator shall be read into this Agreement.
Neither the Administrator nor any of its directors, officers, agents or
employees shall be liable for any action taken or omitted to be taken in good
faith by it or them under or in connection with this Agreement, except for its
or their own gross negligence or willful misconduct and in no event shall the
Administrator be liable under or in connection with this Agreement for
indirect, special, or consequential losses or damages of any kind, including
lost profits, even if advised of the possibility thereof and regardless of the
form of action by which such losses or damages may be claimed. Without
limiting the foregoing, the Administrator may (a) consult with legal counsel
(including counsel for the Issuer), independent public accountants and other
experts selected by it and shall not be liable for any action taken or omitted
to be taken in good faith by it in accordance with the advice of such counsel,
accountants

                                      19
<PAGE>

or experts and (b) shall incur no liability under or in respect of this
Agreement by acting upon any notice (including notice by telephone), consent,
certificate or other instrument or writing (which may be by facsimile)
believed by it to be genuine and signed or sent by the proper party or
parties.

                                      20
<PAGE>

          IN WITNESS WHEREOF, the parties have caused this Agreement to be
duly executed and delivered as of the day and year first above written.

                                      WILMINGTON TRUST COMPANY
                                      not in its individual capacity but solely
                                      as Owner Trustee for:
                                      CHASE CREDIT CARD OWNER TRUST
                                      2002-4

                                      By:  /s/ Donald G. Mackelcan
                                           ---------------------------------
                                           Name:  Donald G. Mackelcan
                                           Title: Vice President

                                      CHASE MANHATTAN BANK USA,
                                         NATIONAL ASSOCIATION
                                      as Administrator

                                      By:   /s/ Patricia M. Garvey
                                            --------------------------------
                                            Name:  Patricia M. Garvey
                                            Title: Vice President

                                      Acknowledged and Agreed:
                                      THE BANK OF NEW YORK
                                      not in its individual capacity but solely
                                      as Indenture Trustee

                                      By:   /s/ Daniel Rothman
                                            --------------------------------
                                            Name:  Daniel Rothman
                                            Title: Assistant Treasurer

<PAGE>

                                                                  EXHIBIT A
                                                [Form of Power of Attorney]

                             POWER OF ATTORNEY

STATE OF NEW YORK         )
                          )
COUNTY OF NEW YORK        )

     KNOW ALL MEN BY THESE PRESENTS, that WILMINGTON TRUST COMPANY, a Delaware
banking corporation, not in its individual capacity but solely as owner
trustee ("Owner Trustee") for the Chase Credit Card Owner Trust 2002-4
("Trust"), does hereby make, constitute and appoint CHASE MANHATTAN BANK USA,
NATIONAL ASSOCIATION as Administrator under the Administration Agreement (as
defined below), and its agents and attorneys, as Attorneys-in-Fact to execute
on behalf of the Owner Trustee or the Trust all such documents, reports,
filings, instruments, certificates and opinions as it shall be the duty of the
Owner Trustee or the Trust to prepare, file or deliver pursuant to the Basic
Documents (as defined in the Indenture dated as of June 20, 2002 between the
Trust and the Bank of New York, as Indenture Trustee), including, without
limitation, to appear for and represent the Owner Trustee and the Trust in
connection with the preparation, filing and audit of federal, state and local
tax returns pertaining to the Trust, and with full power to perform any and
all acts associated with such returns and audits that the Owner Trustee could
perform, including without limitation, the right to distribute and receive
confidential information, defend and assert positions in response to audits,
initiate and defend litigation, and to execute waivers of restriction on
assessments of deficiencies, consents to the extension of any statutory or
regulatory time limit, and settlements. For the purpose of this Power of
Attorney, the term "Administration Agreement" means the Deposit and
Administration Agreement dated as of June 20, 2002 among Wilmington Trust
Company, not in its individual capacity but solely as Owner Trustee for the
Trust and Chase Manhattan Bank USA, National Association, as Administrator,
and acknowledged and agreed by The Bank of New York, as Indenture Trustee, as
such may be amended from time to time.

     All powers of attorney for this purpose heretofore filed or executed by
the Owner Trustee are hereby revoked.

     EXECUTED this 20th day of June, 2002.

                                                 WILMINGTON TRUST COMPANY
                                                 not in its individual
                                                 capacity but solely as
                                                 Owner Trustee for the
                                                 Chase Credit Card Owner
                                                 Trust 2002-4

                                                 By:
                                                     -----------------------
                                                     Name:
                                                     Title:EXHIBIT 4.5

                        CERTIFICATE OF RETIREMENT

                                 OF THE

                  SERIES F CONVERTIBLE PREFERRED STOCK

                                   OF

                    THE ASHTON TECHNOLOGY GROUP, INC.

         Pursuant to Section 243(b) of the General Corporation Law of the State
of Delaware

         The Ashton Technology Group, Inc., a corporation organized and existing
under the laws of the State of Delaware (the "Corporation"), HEREBY CERTIFIES as
follows:

         1. All outstanding shares of the Series F Convertible Preferred Stock
have been exchanged for 9% Secured Convertible Notes.

         2. Accordingly, pursuant to the provisions of Section 243(b) of the
General Corporation Law of the State of Delaware, upon filing of this
Certificate of Retirement, all the shares of the Series F Convertible Preferred
Stock shall be retired and the Certificate of Incorporation of the Corporation
shall be amended so as to eliminate all reference to the Series F Preferred
Stock and then all such shares will assume the status of authorized and unissued
Shares of Preferred Stock.

         IN WITNESS WHEREOF, the Corporation has caused this Certificate of
Retirement to be executed and attested and its corporate seal to be affixed
hereto this 17th day of January 2002.

                                       THE ASHTON TECHNOLOGY GROUP, INC.

                                       By:  /S/  Fredric W. Rittereise
                                            --------------------------
                                           Fredric W. Rittereiser
                                           Chairman and Chief Executive Officer

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