Document:

Amended and Restated Agreement

 Exhibit 10.3 
 AMENDED AND RESTATED ** AGREEMENT 
 Bank of America, N.A. and Visa U.S.A. Inc. are parties to a ** Agreement, dated
September 5, 2003, as amended on July 7, 2004 (the “Original Agreement”), and desire to amend and restate the Original Agreement. Toward that end, this “Agreement” sets forth the obligations, commitments
and rights of Bank of America, N.A., acting on behalf of itself, Bank of America, N.A. (USA), MBNA America (Delaware), N.A. and MBNA America Bank, N.A., and their respective successors and assigns (collectively, the “Bank”) and Visa
U.S.A. Inc., acting on behalf of itself and its successors and assigns (collectively, “Visa”), in the area of consumer and commercial credit cards and consumer and commercial debit cards issued in the United States. For purposes of
this Agreement, the terms “credit card” and “debit card” mean, respectively, any type or form of consumer or commercial credit card and any type or form of consumer or commercial debit card. Bank is a member of Visa. Visa and
Bank agree as follows: 
 1. Term of Agreement. Upon signature hereof by both parties, the initial term of this Agreement will be deemed to have
commenced on January 1, 2006 and will continue through December 31, 2011, unless automatically extended pursuant to this paragraph (the “Term”). Fifteen (15) days prior to the end of the Term, the Term shall
automatically be extended until ** unless either Visa or Bank delivers a notice of non-renewal prior to that time. For the avoidance of doubt, the preceding sentence shall continue to apply following any extension of the Term. Notwithstanding any
extension of the Term, Visa shall have no obligation after December 31, 2011 to provide any ** Funding or ** Value under Sections 3.2 and 3.8, respectively, except such ** Funding and ** Value as were committed prior to December 31, 2011
but not yet provided. 
 2. Existing Agreements. 
  

	 	 2.1
	 The terms of the existing Committed Volume Agreements set forth on Exhibit I (the “Surviving Existing
Agreements”) will remain in force in accordance with their respective terms and conditions. In addition, Bank and Visa may enter into subsequent agreements (“Future Agreements”), including, but not limited to, those under
which Bank may receive additional payments specifically targeted to particular marketing or incentive programs. In the event of a conflict between the terms of this Agreement and the terms of the Surviving Existing Agreements, the terms of this
Agreement shall prevail. In the event of a conflict between the terms of this Agreement and the terms of any Future Agreement, the terms of the Future Agreement shall prevail. 

  

	 	2.2	Visa and Bank agree that the agreements set forth on Exhibit II (the “Terminated Existing Agreements”) shall be deemed to have terminated as of
December 31, 2005, and all rights, obligations and responsibilities of each party in such agreements shall be void and of no further force or effect as of such termination, except those rights, obligations and responsibilities that by their
terms survive the termination of the applicable agreement (the “Surviving Provisions”). 

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

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	 	2.3	Visa (on behalf of itself and its affiliates) and Bank (on behalf of itself and its affiliates) hereby release, acquit, and forever discharge, the other, and its affiliates,
officers, directors and employees, from any and all rights, actions, claims, debts, demands, costs, contracts, liabilities, obligations, damages and causes of action whether known, suspected or unknown, whether in law or in equity, which they had or
now have or may claim to have by reason of: (i) those matters set forth in the Terminated Existing Agreements, except as set forth in the Surviving Provisions; and (ii) any other matters which relate to the subject matter of the Terminated
Existing Agreements, except as set forth in the Surviving Provisions. 

  

	 	2.4	In the event any agreement (or agreements) between or among Visa U.S.A. Inc. (including any Visa U.S.A. Inc. affiliate but excluding, for the avoidance of doubt, Visa International
Service Association and the Visa regions), on the one hand, and MBNA America Bank, N.A., MBNA America (Delaware), N.A., Bank of America, N.A. (USA), and/or Bank of America, N.A., on the other hand (referred to as a “Visa/Bank
Agreement”), is discovered after the execution of this Agreement that is not listed in either Exhibit I or Exhibit II, Visa and Bank will mutually agree whether or not such agreement(s) should be listed on Exhibit I as a Surviving Existing
Agreement or on Exhibit II as a Terminated Existing Agreement and treat them as stated in this Section 2. Visa and Bank each represent to the other that, as of the execution of this Agreement, they have conducted a reasonable investigation of
their books and records and have not discovered or identified any other Visa/Bank Agreement that should have been listed in either Exhibit I or Exhibit II. 

 3. Visa’s Obligations and Rights. 
  

	 	3.1	** Benefits. Throughout the Term, Visa shall provide Bank with the pricing discounts set forth in ** of the “**,” attached hereto as Exhibit III (**), and in
Exhibit VII, retroactive to January 1, 2006. ** 

  

	 	3.2	** Funding. In lieu of the annual payments provided under Section 3.3 of the Original Agreement, Visa will provide Bank with ** dollars ($ **) between ** and ** (the
“ ** Funding”). The $ ** of ** Funding will be allocated per year as follows: ** (funding allocated for each year is referred to as “Annual Funding”). 

  

	 	3.2.1	Notwithstanding the previous paragraph, commencing with calendar year **, if the ** calendar year’s Annual Bank ** (as defined in Section 3.3.4.1) is ** the Annual Bank **
for calendar year **, which is set forth on Exhibit V, then Visa’s 

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

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obligation to provide Annual Funding pursuant to Section 3.2 just for that current calendar year shall extinguish. However, even if the ** calendar
year’s Annual Bank ** is ** the Annual Bank ** for calendar year **, Visa shall remain obligated to provide the applicable Annual Funding required by Section 3.2 if: (i) Visa has elected, under Section 3.6.1(ii), to excuse Bank
from its obligations in Section ** or Bank has elected to ** pursuant to Section **; and (ii) the ** for ** cards and ** cards owned or issued by Bank in such calendar year exceeds the ** in ** for ** cards and ** cards owned or issued by Bank.

  

	 	3.2.2	These funds will be held in an account at Visa called “Fusion.” The funds in the Fusion account are intended to be and will be used to provide ** for Bank’s
activities in support of its participation in Visa programs, **. Funds in the Fusion account will be **. ** Funds will be considered “committed” **. Uncommitted funds will not **. 

  

	 	3.3	** Incentive Payments. For each calendar quarter during the Term, Visa will determine if there has been **. “ **” equals ** of the Quarterly Bank **, as defined in
Section **, on the applicable ** category (i.e., **) in **, as adjusted pursuant to Sections 3.3.4.3 and 3.3.7 (the “** Amount”), ** the Quarterly Bank ** on the applicable ** category for **, as adjusted pursuant to Sections
3.3.4.3, 3.3.4.4 and 3.3.7 (the “** Amount”). Visa will provide Bank with quarterly ** incentives for any calendar quarter in which there has been ** as follows: 

  

	 	3.3.1	For all **, Visa will pay Bank ** of such **. If in any 

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

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calendar quarter the ** Amount is ** Quarterly Bank ** for **, then, notwithstanding Section 3.3, the ** Amount for purposes of calculating the ** for
that calendar quarter shall be ** Quarterly Bank **. 

  

	 	3.3.2	For all **, Visa will pay Bank ** of such **. If in any calendar quarter the ** Amount is ** the Quarterly Bank ** for ** for **, then, notwithstanding Section 3.3, the **
Amount for purposes of calculating the ** for that calendar quarter shall be ** Quarterly Bank **. 

  

	 	3.3.3	For all **, Visa will pay Bank ** of such **(**). If in any calendar quarter the ** Amount is ** the Quarterly Bank ** on ** for **, then, notwithstanding Section 3.3, the **
Amount for purposes of calculating the ** for that calendar quarter shall be ** Quarterly Bank **. 

  

	 	3.3.4	For purposes of this Agreement, “ **” means the **, on the applicable ** category (i.e., **) that are owned or issued by Bank or a Visa Member, as the case may be or the
context requires. 

  

	 	3.3.4.1	“Annual Bank **” means the ** during the applicable calendar year for **. 

  

	 	3.3.4.2	“Quarterly Bank **” means the ** during the applicable calendar quarter for **, as applicable. 

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

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	 	3.3.4.3	** shall exclude, for purposes of calculation of ** Incentive Payments under Section 3.3 only, **. ** as amended from time to time pursuant to Section **. Visa will make
reasonable efforts to require that ** use any incentives provided by Visa for purposes directly related to the **. 

  

	 	3.3.4.4	In addition, for purposes of calculating the Annual Funding or any ** Incentive Payment under Section 3.2 and Section 3.3, the portion of (a) the ** Annual Bank **,
in the case of Section 3.2, and (b) the ** Amount (whether calculated by ** the Quarterly Bank ** from **), in the case of Section 3.3, ** as required by **. 

  

	 	3.3.5	Payments will be made in arrears and will be made within 30 days of the receipt of Bank’s Quarterly Operating Certificate and Payments Riders (Exhibit VI) provided that Bank
has timely supplied Visa with all reasonably requested documentation pursuant to Section 3.3.6. **. 

  

	 	3.3.6	Visa may verify Bank’s Quarterly Operating Certificates and Payment Riders using the data provided by Bank pursuant to this Section 3.3.6, and Bank will submit such
additional information (but not at a cardholder level) as Visa may reasonably request in writing to verify Bank’s calculations of amounts due under this Agreement. In the event of any conflict between the various data sources listed herein, **,
except to the extent Bank demonstrates **. Visa also reserves the right to direct Bank to engage, at Visa’s expense, Bank’s independent auditor (or, if the auditor is conflicted, an independent accounting firm reasonably acceptable to Bank
and Visa) to audit Bank’s records to determine the accuracy of Bank’s Quarterly Operating Certificates, 

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has
been filed separately with the SEC. 

  

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Payment Riders and other information provided by Bank pursuant to this Section 3.3.6. If Visa disputes the ** reported by Bank, Visa will pay **
Incentive Payments with respect to the amount that is not in dispute and notify Bank in writing of the disputed numbers and the basis for dispute. Bank and Visa will discuss the discrepancy within ten (10) days and shall in good faith attempt
to resolve any such discrepancy within fifteen (15) days thereof. Within thirty (30) days of such mutual resolution, Visa shall make any supplemental payment in accordance with this Agreement or, for any overpayment of the ** Incentive
Payment, Visa shall net such overpayment from future ** Incentive Payments unless no such future ** Incentive Payment could exist, in which case Bank will repay to Visa the amount of the overpayment within thirty (30) days of such mutual
resolution. If the parties are unable to mutually resolve such dispute, they will agree on a process to obtain an independent third party evaluation. Bank and Visa agree that the data provided by Bank to Visa may not be transferred to any third
party, except Visa’s auditors and attorneys, without the prior written approval of Bank, and shall only be used by Visa to verify Bank’s Quarterly Operating Certificates and Payment Riders. Notwithstanding any provision of this Agreement,
Bank shall not be obligated to provide any data otherwise required to be provided by it to Visa, if Bank is prohibited from disclosing the same because of any law, regulation, contract, bank wide privacy policy, public privacy pledge, court order,
rule, consent decree, or individual present or former customer request, or if the provision of such information or its intended use would create an additional regulatory compliance burden on Bank (e.g., result in Bank’s being deemed a
credit reporting agency); provided, however, that Visa shall not be obligated to pay Bank any disputed amounts under the Agreement if the accuracy of Bank’s information cannot be verified by a third party independent auditor or
evaluator, as provided in this paragraph. 

  

	 	3.3.7	(i) In the event Bank **, after January 1, 2006, ** the ** Amount to be used in calculating the ** for those **, notwithstanding anything to the contrary in Section 3.3,
shall be adjusted by ** (A), (B) or (C) below: (A) ** measured for the ** Amount; (B) ** measured for the ** Amount; or (C) **. 

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

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	 	(ii)	In the event Bank **, after January 1, 2006, **, then **: (A) the ** Amount to be used in calculating the ** for **, notwithstanding anything to the contrary in
Section 3.3, shall be adjusted by ** measured for the ** Amount, and (B) the ** Amount to be used in calculating the ** for ** will be adjusted by **. 

  

	 	3.4	   ** 

  

	 	3.4.1	Visa will ensure that **. 

  

	 	3.4.2	Visa will ensure that **. 

  

	 	3.4.3	Visa will ensure that ** 

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has
been filed separately with the SEC. 

  

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	 	  	** 

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

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	 	  	** 

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

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	 	  	** 

  

	 	3.5	On-site **. Visa will conduct one on-site ** exclusively for Bank employees each calendar year during the Term (a total of ** sessions). Bank will provide the facilities and
the meals at its expense and Visa will provide **, if any, at its expense. 

  

	 	3.6	**. 

  

	 	3.6.1	In the event of a variance between **. 

  

	 	3.6.2	The parties intend that the overall ** provided by **. In the event that Bank reasonably believes that the ** 

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has
been filed separately with the SEC. 

  

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provided to Bank inhibits Bank from offering such **, then Bank shall give notice to Visa of such **. Along with such notice, Bank shall provide ** that
demonstrates **. Visa shall then have thirty (30) days to provide Bank with a mutually acceptable plan **. ** Bank acknowledges that **. ** For the avoidance of doubt, if Bank ** under this paragraph, Section 4.2.3 shall no longer apply.

  

	 	3.7	**. For **, Visa will (if requested by Bank) pay Bank $ ** (**) and $ ** (**) that Bank ** during the Term. For **, Visa will (if requested by Bank) pay $ **, **, that Bank
** during the Term. The above payments shall be collectively referred to as “ ** Assistance.” ** pursuant to this Section will be eligible for the ** Incentive Payments set forth in Section 3.3.1, and ** pursuant to this
Section will be eligible for the respective ** Incentive Payments set forth in Sections 3.3.2 and 3.3.3. 

  

	 	3.8	** Value. Visa will provide Bank with ** value, **, with a reasonable retail value of $ ** per calendar year through **. Value delivery can **. Retail value for ** will be as
reasonably defined by Visa. An accounting of all **, including their value (and reasonably detailed documentation that supports such ** and corresponding value), will be reviewed periodically over the Term with designated senior Bank executives, as
requested by Bank. Such ** will be utilized as mutually approved by designated Bank and Visa executives, which approval shall not be unreasonably withheld or delayed. If Visa provides Bank with less than $ ** (or such greater amount as may be
required by this sentence) in ** in any calendar year, **. 

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has
been filed separately with the SEC. 

  

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	 	  	Uncommitted value **. Value will be considered “committed” **. Notwithstanding the termination or expiration of this Agreement, Visa agrees to provide any ** value
committed during the Term, but not yet provided. The immediately preceding sentence shall survive the termination or expiration of this Agreement. 

  

	 	3.9	Review of Fees. Visa will work with Bank to ** review of Visa’s ** fees, in all regions (e.g., U.S, EU, LAC, etc.), to ensure clear and accurate reporting and to
identify opportunities for increased efficiencies, and will work with Bank to review any changes in ** and any calculation pursuant to Section 5.3.7. Visa will also provide Bank, prior to the end of the fourth quarter of each calendar year,
with its calculation of ** (in the format set out in Exhibit IV). 

  

	 	3.10	Updates to Exhibits. Visa shall provide Bank with an updated Exhibit I and/or Exhibit II to this Agreement (whichever is applicable) within sixty (60) days following the
renewal or termination of a Surviving Existing Agreement, the execution of any Future Agreement, or the parties’ mutual agreement with respect to any agreement identified pursuant to Section 2.4. 

  

	 	3.11	** Assistance Visa shall pay Bank ** dollars ($ **), no later than December 31, 2007, as **. **. The parties agree that Visa’s obligation under this section 3.11 shall
survive any termination of the Agreement other than pursuant to Section 5.3.2. 

 4. Bank’s Obligations and Rights. 
  

	 	4.1	** Program. Bank acknowledges that this Agreement represents Bank’s participation in the ** Program, which is a program subject to ** attached to this Agreement as
Exhibit III. Bank agrees to abide by ** as applied pursuant to the terms of this Agreement. 

  

	 	4.1.1	Application of **: 

  

	 	4.1.1.1.	Visa and Bank agree that Bank has already satisfied any conditions to participating in the ** Program and, as a result, there is no need or requirement for Bank to

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has
been filed separately with the SEC. 

  

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** referenced in ** of Exhibit III. 

  

	 	4.1.1.2	** of Exhibit III is applied on the terms set forth in Section ** of this Agreement. 

  

	 	4.1.1.3	** of Exhibit III is applied on the terms set forth in Section ** of this Agreement. 

  

	 	4.1.1.4	** of Exhibit III is applied on the terms set forth in Section ** of this Agreement. 

  

	 	4.1.1.5	Visa and Bank acknowledge and agree that Bank, as of December 31, 2005 and through the execution date of this Agreement, ** which means that ** set forth in ** of Exhibit III
have no application to Bank, and ** of Exhibit III shall only apply to the extent that it is included as part of a ** or ** as specified in Sections ** or **. 

  

	 	4.1.1.6	** of Exhibit III is applied on the terms set forth in Section ** of this Agreement. 

  

	 	4.1.1.7	Notwithstanding ** of Exhibit III, Visa and Bank agree that Bank will receive ** in ** of Exhibit III and in Exhibit VII starting as of January 1, 2006, and that Visa will make
a one-time adjustment promptly after execution of this Agreement if and as necessary to apply the terms of this Agreement to the period between January 1, 2006 and such execution. 

  

	 	4.1.1.8.	** of Exhibit III is applied on the terms set forth below: 

  

	 	  	“**” 

  

	 	4.1.1.9	** of Exhibit III is applied on the terms set forth in Section ** of this Agreement. 

  

	 	4.1.1.10	** of Exhibit III is applied as follows: The first sentence shall apply only with respect to 

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has
been filed separately with the SEC. 

  

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**. The second sentence is deleted in its entirety and replaced with the following: “**” 

  

	 	4.1.1.11	** of Exhibit III is applied on the terms set forth in Section ** of this Agreement. 

  

	 	4.1.1.12	** of Exhibit III is applied on the terms set forth in Section ** of this Agreement. 

  

	 	4.1.1.13	Visa and Bank hereby agree that ** of Exhibit III are applied on the terms set forth in **. ** shall not apply to Bank unless (a) Bank is failing to meet the terms of ** of
Exhibit III, as applied pursuant to the terms of this Agreement, and such failure is material; (b) the material failure persists for the period prescribed in **; and (c) Visa, promptly after discovery, notifies Bank in writing that it
believes Bank is materially failing to comply with ** of Exhibit III , as applied pursuant to the terms of this Agreement. ** will be applied on the terms set forth in Section **. Visa and Bank agree, for the avoidance of doubt, that, for purposes
of **, Bank will not during the Term have a ** or a **, except as may be provided for in Section **, Section **, and Section **. 

  

	 	4.1.1.14	** of Exhibit III applied on the terms set forth in Section ** of this Agreement. 

  

	 	4.2	Visa **. 

  

	 	4.2.1	Bank will ensure that during the Term, at least ** of its Annual ** (defined below) will be **. 

  

	 	4.2.1.1	“Annual **” means the combined ** for the applicable calendar year from all 

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has
been filed separately with the SEC. 

  

 Page 14 of 49 

	 	 
**, provided, however, that for purposes of calculating its total Annual **, Bank may exclude: 

  

	 	  	(a) **; 

  

	 	  	(b) ** Bank will be responsible for providing Visa with an itemized list of new excluded programs including, but not limited to, **; 

  

	 	  	(c) **; 

  

	 	  	(d) **; and 

  

	 	  	(e) ** until such time as the parties agree on **. In the event the parties do not agree **. 

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has
been filed separately with the SEC. 

  

 Page 15 of 49 

	 	4.2.2	During the Term, Bank agrees that ** of its Annual ** (defined below) will be **. 

  

	 	4.2.2.1	“Annual **” means the combined ** for the applicable calendar year from all **, provided, however, that for purposes of this calculation, Bank may exclude:

  

	 	  	(a) **; 

  

	 	  	(b) **. Bank will be responsible for providing Visa with an itemized list of new excluded programs including, but not limited to, **; 

  

	 	  	(c) **; and 

  

	 	  	(d) **. 

  

	 	4.2.3	Bank will grow ** of Bank’s ** so that by the end of the **, ** reaches an ** of Bank’s Quarterly ** (defined below) for such quarter, and Bank agrees to maintain ** on a
quarterly basis for the remainder of the Term. 

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

 Page 16 of 49 

	 	4.2.3.1	“Quarterly **” means the aggregate **, for the applicable calendar quarter, from all **; provided, however, that for purposes of this calculation, Bank may exclude:

  

	 	  	(a) **; 

  

	 	  	(b) ** Bank will be responsible for providing Visa with an itemized list of new excluded programs including, but not limited to, **; and 

  

	 	  	(c) **. 

  

	 	4.3	**. INTENTIONALLY DELETED. 

  

	 	4.4	** Growth. Bank will ensure that over the course of the Term, the growth ** of Bank’s total ** for ** is **, measured at the end of each year as follows:

 (a) the aggregate Annual Bank ** (which, for purposes of this calculation only and subject to any exclusions set forth in
Section 4.4.1, will include **) for **, divided by the aggregate Annual Bank ** for 
  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has
been filed separately with the SEC. 

  

 Page 17 of 49 

 
**, shall be ** 
  
 (b) the aggregate Annual Bank ** for **, divided by the aggregate Annual Bank ** for **. 
  

	 	4.4.1.	For purposes of the calculation of Bank’s total ** required by Section 4.4, Bank may exclude: 

 (a) **; 
 (b) ** that meets at least one of
the following conditions: (i) **; or (ii) **; and 
 (c) **, unless otherwise agreed in any applicable **. 
  

	 	4.4.2	For purposes of the calculation of Bank’s total ** in ** required by Section 4.4, Bank may exclude from this calculation Bank’s ** from ** if Visa has elected, under
Section 3.6.1(ii), to excuse Bank from its obligations in Section ** or Bank has elected to ** pursuant to Section **. 

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has
been filed separately with the SEC. 

  

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	 	4.5	** Branding. Bank will ensure that during the Term, ** of its ** are ** with the exception of: 

  

	 	(a)	**; 

  

	 	(b)	**; and 

  

	 	(c)	**. 

  

	 	4.6	Use of Funding. All supplemental funding described in Sections 3.2 and 3.3 above will be used for Bank’s activities in support of its participation in Visa programs. Any
funds **. 

  

	 	4.7	Acquired ** Portfolios. If Bank acquires **, Visa and Bank ** a mutually agreeable ** and Visa’s ** Incentive Payments for such portfolios. In the event the parties do
not agree on the terms of a ** with respect to an acquired portfolio, Bank may **. Visa will permit Bank to ** and will permit Bank to **. 

  

	 	4.8	Maintenance of ** Accounts. Any cards that receive ** Assistance pursuant to Section 3.7 must **. “ **” shall mean through **, plus **, provided that the **
shall not apply if the Agreement is terminated by Bank pursuant to and in accordance with the terms of Section 5.3. In the event that **, any ** Assistance received for these cards must be returned to Visa and, only for those cards ** must also
be returned to Visa. 

  

	 	5.	General Terms and Conditions 

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

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	 	5.1	Confidentiality. Neither party shall, without the other party’s prior written consent, disclose the terms, or the existence, of this Agreement nor any discussions
relating thereto (including without limitation all strategies and financial, customer and other proprietary information disclosed by one party to the other) (the “Confidential Information”) to any third party, except its auditors,
regulators, lawyers, and financial and marketing advisors who: (i) have a need to know; (ii) have been informed of the confidential nature of the Confidential Information; and (iii) excluding regulators, are bound by an appropriate
confidentiality agreement or other duty or professional code that requires such information to be kept confidential. This Section 5.1 shall survive the termination or expiration of the Agreement for three years. Such obligations of
confidentiality shall not apply to Confidential Information in the event and then only to the extent that such information: 

  

	 	5.1.1	is previously known to the recipient, 

  

	 	5.1.2	becomes known to the recipient from a third party who has the right to disclose such information, 

  

	 	5.1.3	is publicly available at the time of disclosure to the recipient, 

  

	 	5.1.4	becomes publicly available through no fault of the recipient, 

  

	 	5.1.5.	is independently developed by the recipient without reference to the Confidential Information of the discloser, or 

  

	 	5.1.6	is required to be disclosed by applicable law, regulation, or governmental request or court order, or is disclosed as is reasonably necessary to enforce the recipient’s rights
hereunder. In such instances, the recipient shall, as promptly as possible and prior to making such disclosure (but subject in all cases to applicable law and regulation), notify the discloser so that the discloser may seek a protective order or
other appropriate remedy and shall cooperate with the discloser in seeking same. If a protective order or other appropriate remedy is not obtained, the recipient shall take reasonable steps, as mutually agreed by Bank and Visa and at
discloser’s expense, to limit the amount of Confidential Information so disclosed and to protect its confidentiality. 

 Notwithstanding any provision of this Agreement (including **) to the contrary, neither party shall be entitled to terminate or be deemed to have terminated this Agreement as a result of a breach of this Section 5.1. The preceding
sentence shall not limit or affect any other remedy that may be available to a party at equity or at law. 
  

	 	5.2	Visa Regulations. Except as required to give effect to the express provisions of this Agreement, nothing herein will limit or supersede any of Visa’s Certificate of
Incorporation, By-Laws or Operating Regulations (collectively, the “Regulations”), 

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has
been filed separately with the SEC. 

  

 Page 20 of 49 

	 	 
as amended from time to time, all of which continue to govern the relationship between Bank and Visa. 

  

	 	5.3	Termination Provisions. 

  

	 	5.3.1	Visa’s Material Breach. In the event that Visa commits a material breach of this Agreement, including its obligations under ** as applied on the terms set forth in this
Agreement, and such breach is not cured within ** days after written notice from Bank, Bank may terminate this Agreement without payment or penalty. If Bank elects termination, at the end of ** following termination Visa will make a cash payment to
Bank equal to the **. Upon termination pursuant to this Section 5.3.1, Bank will also be entitled to all other ** received, accrued or due from Visa as of the effective date of such termination. Such ** will constitute Bank’s sole and
exclusive remedy for a Visa breach that results in a termination of this Agreement pursuant to this Section 5.3.1. For the avoidance of doubt, if Visa breaches this Agreement and Bank does not elect to terminate this Agreement pursuant to this
Section 5.3.1, Bank shall be entitled to exercise all available legal and equitable remedies. 

  

	 	5.3.2	Bank’s Material Breach. In the event that: (i) Bank materially fails to comply with ** of Exhibit III (as applied on the terms set forth in this Agreement) and such
material failure to comply persists for ** (which means that ** of Exhibit III, as applied on the terms set forth in Section **, applies to Bank); (ii) Bank has breached its obligation under ** of Exhibit III, as applied on the terms set forth
in Section **; or (iii) Bank is not in compliance with Section ** within the ** period provided for in Section **, Visa shall notify Bank in writing that it believes Bank has chosen “Early Termination” pursuant to **, whichever is
applicable. If such material failure is not cured within ** days of such written notice, “Early Termination” shall be deemed to have occurred and all further payment obligations of Visa hereunder will cease and ** of Exhibit III shall
apply except: (A) Bank shall have no obligation to ** that, in the aggregate, exceed ** dollars ($ **), or if Early Termination has occurred after **, that in the aggregate exceed ** dollars ($ **); (B) the payment of returned amounts may,
at Bank’s election, be evenly spread out in calendar quarterly payments over a period selected by Bank, but not to exceed ** ( **) months, with 

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has
been filed separately with the SEC. 

  

 Page 21 of 49 

	 	 
interest payable quarterly from the date of Early Termination until payment, calculated at the federal funds rate as quoted on the first business day of each
month in the Wall Street Journal (or other source to be agreed upon by the parties if the Wall Street Journal does not publish such a rate); (C) in no event will the amounts obligated to be returned by Bank exceed the amount of
discounts received by Bank hereunder; and (D) returned amounts will constitute the sole and exclusive remedy for any breach of Bank’s obligations that is the subject of this Section 5.3.2. Without limiting the foregoing, and subject
to Section 4.6, Bank will not be required to refund: **. In addition, Visa will pay any amounts of ** Incentive Payments earned by Bank prior to termination and provide any ** Funding and ** Value committed through mutual agreement of the
parties prior to the date of termination. 

  

	 	5.3.3	Visa Insolvency. If Visa (a) files for bankruptcy; (b) becomes or is declared insolvent, or is the subject of any proceedings related to its liquidation, insolvency
or the appointment of a receiver or similar officer for it; (c) makes an assignment for the benefit of all or substantially all of its creditors; or (d) enters into an agreement for the composition, extension, or readjustment of
substantially all of its obligations; AND Bank has not materially contributed to the cause of such event(s) through non-payment of a Bank obligation, then Bank may, by giving written notice of termination to Visa, terminate the Agreement without
payment or penalty. Such notice must be provided within sixty (60) days of the occurrence of the event(s) and must specify a termination date that is no later than 180 days after the occurrence of the event(s). 

  

	 	5.3.4	Change in Control. Bank may terminate the Agreement ** if an individual, corporation, limited liability company, trust, association, or other legally recognized entity or
organization (each, a “Person”), or Persons acting in concert, directly or indirectly: (a) **; or (b) **; or (c) **; AND Bank reasonably believes that **. Bank may exercise such termination right by providing detailed
written notice to Visa specifying Bank’s reasons for invoking such rights under this Section 5.3.4 within ** days of the later of such change or 

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

 Page 22 of 49 

	 	 
Bank’s discovery of such change. Such a termination will be effective on a date to be selected by Bank that is no later than ** days following such
notice. If, at the time of a change under (a), (b), or (c), above, **, Bank may exercise its termination right pursuant to this Section within ** days of discovering that such Person or member of a group of Persons has **.

 Upon termination pursuant to this Section 5.3.4, Bank will also be entitled to all ** received, accrued or due from
Visa as of the effective date of such termination. Such ** will constitute Bank’s sole and exclusive remedy for a Change in Control pursuant to this Section 5.3.4. 
  

	 	5.3.5	**. In the event that Visa during the Term makes changes in ** that, individually or in the aggregate, (i) **; and (ii) do not have a similar effect **; AND
(A) Bank did not **; and (B) Visa does not cure the issue within ** days after receiving written notice from Bank, then Bank may terminate this Agreement ** upon ** days’ written notice to Visa. Upon termination pursuant to this
Section 5.3.5, Bank will be entitled to all ** received, accrued or due from Visa as of the effective date of such termination. Such ** will constitute Bank’s sole and exclusive remedy for ** pursuant to this Section 5.3.5.

  

	 	5.3.6	Other Agreements. Visa acknowledges that Bank has entered into agreements **. Bank may **. If Bank breaches its obligation under the previous sentence, Visa may terminate
this Agreement in accordance with Section 5.3.2. 

  

	 	5.3.7	**, 

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has
been filed separately with the SEC. 

  

 Page 23 of 49 

 Bank may terminate the Agreement ** if Visa does not ** within ** days of receiving written notice
thereof from Bank. If Bank elects termination pursuant to this Section 5.3.7, **. Bank will also be entitled to other ** received, accrued or due from Visa as of the effective date of such termination. Such ** will constitute Bank’s sole
and exclusive remedy for ** to this Section 5.3.7. 
  

	 	5.3.8	Effect of Termination. In the event of any termination by either party under Section 5.3, the parties agree to commence immediately negotiations in good faith regarding
a resolution of any commercial or legal disputes and a successor agreement to this Agreement. Notwithstanding anything to the contrary in this Agreement or Exhibit III, any payment obligations resulting from the termination of this Agreement shall
be suspended for sixty (60) days following termination, unless the party from which payment is due fails to comply with this provision. 

  

	 	5.3.9	** 

  

	 	5.4	Notices. Any notices hereunder must be in writing and shall be deemed to have been duly given when delivered personally, or one (1) business day after being sent by an
overnight courier, or three (3) business days after being sent postage prepaid 

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has
been filed separately with the SEC. 

  

 Page 24 of 49 

	 	 
by certified or registered mail, return receipt requested to the address of the other party set forth below or to such other address as each party may
designate by notice to the other party pursuant hereto: 

  

			
	If to Bank:	  	If to Visa:
		
	Bank of America, N.A.	  	Visa U.S.A. Inc.
	 1100 North King Street
 Wilmington, Delaware 19884
 Mailstop DE5-007-02-10
	  	 900 Metro Center Boulevard
 Foster City, CA
94104

		
	 Attention: Industry Relations
 Mr. Michael R.
Wright
	  	 Attention: Executive Vice President
 Client
Services

		
	 With a copy to: General Counsel        
	  	With a copy to: General Counsel
		
	 Address: 101 South Tryon Street
 Bank
of America Plaza
 Charlotte, North Carolina 28255
 Mailstop
NC1-002-29-01
	  	 Address: 123 Mission Street
 20th Floor
 San Francisco, CA 94105-1551

  

	 	5.5	Governing Law. This Agreement and any claims or disputes arising out of or relating thereto shall be governed by and subject to the laws of the State of Delaware, without
regard to its conflict of law principles, and shall be deemed for all purposes to be made and fully performed in Delaware. 

  

	 	5.6	Representations and Warranties. Each of Bank and Visa warrants and represents that (i) it has all requisite power and authority to grant the rights and perform the
obligations to which it commits herein; (ii) the execution and delivery of this Agreement by the person representing it will be sufficient to render this Agreement binding upon it, except as such enforceability may be limited by bankruptcy,
insolvency, receivership, reorganization or other similar laws affecting the enforcement of creditors’ rights generally and by general principles of equity; and (iii) to the best of its knowledge, neither its performance hereunder nor the
exercise by the other party of rights granted by the warranting party hereunder will materially violate any law or regulation applicable to the warranting party, or the legal rights of any third parties, or the terms of any other agreement to which
the warranting party is or becomes a party. Each party is separately responsible for ensuring that its performance and grant of rights do not constitute any such material violation during the Term. No party’s approval of advertising or other
copy submitted by the other will relieve the other’s responsibility under this Section 5.6. 

  

 Page 25 of 49 

	 	5.7	Entire Agreement; Amendment. This Agreement and its attached Exhibits, including any documents expressly incorporated therein, contain the entire agreement of the parties
with respect to the matters covered and no other or prior promises, understandings, negotiations or discussions, oral or written, made by any party or its employees, officers or agents with respect to such matters shall be valid and binding. No
modification or waiver of this Agreement or any of its provisions or Exhibits shall be binding unless it is in writing and signed by duly authorized representatives of both parties. If a court of competent jurisdiction finds any provision of this
Agreement or its Exhibits to be invalid, illegal, or unenforceable, the parties shall omit it from the Agreement to the extent required, and the remaining terms shall remain in full force and effect. 

  

	 	5.8	Assignment; Merger; Change in Control. Except as detailed in Visa’s Proxy Solicitation dated April 3, 2006, no rights or obligations under this Agreement shall be
assignable (whether directly or indirectly, by merger or any similar transaction) by any party without the prior written consent of the other party, which shall not be unreasonably withheld. 

  

	 	5.9	Execution by Counterparts and Facsimile. This Agreement may be executed in counterparts, each of which will be deemed an original, but all of which taken together shall
constitute one and the same instrument. The signed copies of this Agreement may be deliverable by facsimile, which will have the same legal effect as delivery of a signed original. 

  

							
	Bank of America, N.A.	  	Visa U.S.A. Inc.
				
	By:	 	 /s/ Henry W. Fulton, III
	  	By:	 	 /s/ James Duncan

	Name:	 	Henry W. Fulton, III	  	Name:	 	James Duncan
	Title:	 	Senior Vice President	  	Title:	 	Senior Vice President
	Date:	 	September 28, 2006	  	Date:	 	September 28, 2006

  

 Page 26 of 49 

 EXHIBIT I 
 Surviving Existing Agreements 
 List 1A - Surviving Existing Agreements Between Bank and Visa
Related to Committed Volume 
  

									
	 Ref #
	  	 Partner
	  	 Agreement Name
	  	Start date	 	End date
	 **
	  	**	  	**	  	**	 	**

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has
been filed separately with the SEC. 

  

 Page 27 of 49 

									
	 **
	  	**	  	**	  	**	 	**

 List 1B – Surviving Existing Agreements between Visa and third parties related to Committed
Volume 
  

									
	 Ref #
	  	 Partner
	  	 Agreement Name
	  	Start date	 	End date
	 **
	  	**	  	**	  	**	 	**

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has
been filed separately with the SEC. 

  

 Page 28 of 49 

 EXHIBIT II 
 Terminated Existing Agreements 
  

							
	 Ref
	  	 Agreement Name
	  	Start date	 	End date
	 **
	  	**	  	**	 	**

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has
been filed separately with the SEC. 

  

 Page 29 of 49 

 EXHIBIT III 
 ** 
  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

 Page 30 of 49 

 ** 
  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

 Page 31 of 49 

 ** 
  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

 Page 32 of 49 

 ** 
  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

 Page 33 of 49 

 ** 
  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

 Page 34 of 49 

 EXHIBIT IV 
 ** 
  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

 Page 35 of 49 

 ** 
  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

 Page 36 of 49 

 ** 
  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

 Page 37 of 49 

 EXHIBIT V 
 Quarterly ** Numbers for ** for ** 
  

																
	 	  	Total **	  	** Q 1	  	** Q 2	  	** Q 3	  	** Q 4
	 **
	  	$	 **	  	$	 **	  	$	**	  	$	 **	  	$	 **
	 **
	  	$	 **	  	$	 **	  	$	 **	  	$	 **	  	$	 **
	 **
	  	$	 **	  	$	 **	  	$	 **	  	$	 **	  	$	 **
		  	 	 	  	 	 	  	 	 	  	 	 	  	 	 
	 Total
	  	$	 **	  	$	 **	  	$	 **	  	$	 **	  	$	 **

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

 Page 38 of 49 

 EXHIBIT VI 
 Quarterly ** Incentive Payment Rider 
 ** 
 I certify that I am responsible for preparing this document on behalf of my organization, and that we have used commercially reasonable diligence in calculating this
information in accordance with the Agreement based upon our records and that to the best of my knowledge, the information contained in this document is accurate and complete. 
  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

 Page 39 of 49 

			
	Bank of America (“Bank”)
		
	By:	 	  

	Must be Officer of Bank

			
		
	Print Name:	 	  

			
		
	Title:	 	  

		
	Date:	 	  

  

 Page 40 of 49 

 Quarterly ** Incentive Payment Rider 
 ** 
  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

 Page 41 of 49 

	 	(1)	** 

 I certify that I am responsible for preparing this document on behalf
of my organization, and that we have used commercially reasonable diligence in calculating this information in accordance with the Agreement based upon our records and that to the best of my knowledge, the information contained in this document is
accurate and complete. 
  

			
	Bank of America (“Bank”)
		
	By:	 	  

	Must be Officer of Bank

			
		
	Print Name:	 	  

			
		
	Title:	 	  

		
	Date:	 	  

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

 Page 42 of 49 

 Quarterly ** Incentive Payment Rider 
 ** 
  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

 Page 43 of 49 

	 	(1)	** 

 I certify that I am responsible for preparing this document on behalf
of my organization, and that we have used commercially reasonable diligence in calculating this information in accordance with the Agreement based upon our records and that to the best of my knowledge, the information contained in this document is
accurate and complete. 
  

			
	Bank of America (“Bank”)
		
	By:	 	  

	Must be Officer of Bank

			
		
	Print Name:	 	

			
		
	Title:	 	  

		
	Date:	 	  

  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has
been filed separately with the SEC. 

  

 Page 44 of 49 

 EXHIBIT VII 
 ** 
  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

 Page 45 of 49 

 EXHIBIT VIII 
  

			
	To:	  	Visa USA Members
		
	From:	  	Bruce McElhinney, Executive Vice President, Client Services
		
	Date:	  	August 31, 2006
		
	Re:	  	Visa to Simplify Member Fee Structure, Provide Reimbursements from Select Programs

 In recent years, Visa has made use of several ** to fund volume and acceptance growth initiatives. Over the last
several months, we have conducted an extensive review of Visa’s special ** to identify areas where we can create greater efficiencies for Visa and our members. 
 As a result of our assessment, we have decided to eliminate ** originally established to support a variety of merchant acceptance and Visa volume growth initiatives. 
 A summary of these programs is detailed below. 
 While these programs have
been successful in accomplishing their purposes, the multiple mechanisms through which we have collected these funds brought complexity to our overall fee structure. To achieve a more efficient, simpler structure and maintain support of Visa’s
initiatives aimed at driving system growth, the eliminated ** will be replaced by **. These ** will be paid directly by issuers to Visa, based on **. While the elimination of ** differs in terms of its unique economic impact, the net result of these
changes will be a **. 
 Visa will also execute a preliminary return of funds to ** from the Visa **, one of the programs to be eliminated. The return will
appear as a credit to members’ September 2006 integrated bill. **. 
  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has
been filed separately with the SEC. 

  

 Page 46 of 49 

 We will continue to communicate with you regularly about these and any other modifications we may make to our operating
policies and fee structures. Should you have any questions about these changes, please contact your Visa Account Executive. 
 Thank you. 
  

 Page 47 of 49 

 Summary of Changes 
 ** 
  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

 Page 48 of 49 

 ** 
  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

 Page 49 of 49 

 FIRST AMENDMENT TO 
 AMENDED AND RESTATED ** AGREEMENT 
 This amendment
(“Amendment”) is effective as of the 22nd day of June, 2007, by and between Bank of America, N.A.
(“Bank”) and Visa U.S.A. Inc. (“Visa”). Bank and Visa are parties to an Amended and Restated ** Agreement, effective as of January 1, 2006 (the “Agreement”), and desire to amend the Agreement.

 NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, Visa and Bank agree as follows (each capitalized term used but
not defined herein shall have the meaning assigned in the Agreement): 
  

	1.	Section 3.11 of the Agreement is hereby amended and restated as follows: 

  

	 	3.11	** Assistance 

 3.11.1 Visa shall pay Bank **
dollars ($**), plus any incremental amount pursuant to the penultimate sentence in Section 3.11.2, no later than December 31, 2007, as **. ** The parties agree that Visa’s obligation under this section 3.11.1 shall survive any
termination of the Agreement other than pursuant to Section 5.3.2. 
 3.11.2 Visa shall also provide ** dollars ($**) of additional
support for **. This additional support shall be provided through **, to be mutually agreed upon by Bank and Visa. Visa will also provide **. Visa will pay funds **. Any vendors providing services must be mutually agreed-upon by Bank and Visa. At
Bank’s request, Visa may also fund **. All services and support provided pursuant to this section 
  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

 1 

 3.11.2 must be executed by September 30, 2007. ** Any of the ** dollars ($**) of support not
provided to, or used by, Bank as of September 30, 2007 will be **, and will be governed by the terms of that section. The parties agree that Visa’s obligation under this section 3.11.2 shall survive any termination of the Agreement other
than pursuant to Section 5.3.2. 
 Except as amended by this Amendment, all of the terms, conditions and covenants of the Agreement are valid, shall
remain in full force and effect, and are hereby ratified and confirmed. Any inconsistencies between this Amendment and the Agreement shall be governed by this Amendment. This Amendment may be executed in any number of counterparts, each of which
shall be considered an original, and all of which shall be deemed one and the same instrument. The Agreement, as amended by this Amendment, contains the entire agreement of the parties with respect to the matters covered and no other or prior
promises, negotiations or discussions, oral or written, made by any party or its employees, officers or agents shall be valid and binding. The signed copies of this Amendment may be deliverable by facsimile, which shall have the same legal effect as
delivery of a signed original. 
  

									
	 BANK OF AMERICA, N.A.
	 		 	VISA U.S.A. INC.
					
	By:	 	 /s/    [ILLEGIBLE] FOR RICHARD B.
SKINNER
	 		 	By:	 	 /s/    JAMES DUNCAN

	Name:	 	Richard B. Skinner	 		 	Name:	 	James Duncan
	Title:	 	Senior Vice President	 		 	Title:	 	Senior Vice President
	Date:	 	  
	 		 	Date:	 	 6-22-07

  

 ** Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately with the SEC. 
  

 2 

 SECOND AMENDMENT TO 
 AMENDED AND RESTATED ** AGREEMENT 
 This amendment
(“Amendment”) is effective as of the 22nd day of June, 2007, by and between Bank of America, N.A. (“Bank”) and Visa
U.S.A. Inc. (“Visa”). Bank and Visa are parties to an Amended and Restated ** Agreement, effective as of January 1, 2006 and amended on June 22, 2007 (the “Agreement”), and desire to further amend the
Agreement. 
 NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, Visa and Bank agree as follows (each
capitalized term used but not defined herein shall have the meaning assigned in the Agreement): 
  

	1.	A new section 3.12 will be added to the Agreement as follows: 

  

	 	3.12	**. 

 3.12.1 In addition to the amounts provided
under Section 3.11.2, Visa shall provide Bank with up to ** dollars ($**) of additional support for **. This additional support shall be provided through **, to be mutually agreed upon by Bank and Visa. Visa will pay funds **. Any vendors
providing services ** must be mutually agreed-upon by Bank and Visa. At Bank’s request, Visa may also fund **. All services and support provided pursuant to this section 3.12.1 must be executed by September 30, 2007, and no compensation
will be due to Bank based on the extent of any services and support not used by that date. 
 3.12.2 In consideration of the support provided
under Section 3.12.1 above, Bank agrees to add to the Exhibit VI rider in line #6 ** shown in Table 1 below **: 
  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has
been filed separately with the SEC. 

  

 1 

 Table 1 
 ** 
  

	2.	Exhibit I, List 1A of the Agreement, relating to Surviving Existing Agreements, is hereby amended to reflect the correct Start and End dates of ** in List 1A. The correct Start Date
is **, the date on which it was signed by both parties, and the correct End Date is **, as defined in that agreement. Accordingly, ** in Exhibit 1, List 1A will now read as follows: 

  

									
	 Ref #
	  	Partner	  	Agreement Name	  	Start Date	  	End Date
	 **
	  	**	  	**	  	**	  	**

 Except as amended by this Amendment, all of the terms, conditions and covenants of the Agreement are valid, shall
remain in full force and effect, and are hereby ratified and 
  

	 **
	 Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately
with the SEC. 

  

 2 

 confirmed. Any inconsistencies between this Amendment and the Agreement shall be governed by this Amendment. This
Amendment may be executed in any number of counterparts, each of which shall be considered an original, and all of which shall be deemed one and the same instrument. The Agreement, as amended by this Amendment, contains the entire agreement of the
parties with respect to the matters covered and no other or prior promises, negotiations or discussions, oral or written, made by any party or its employees, officers or agents shall be valid and binding. The signed copies of this Amendment may be
deliverable by facsimile, which shall have the same legal effect as delivery of a signed original. 
  

									
	 BANK OF AMERICA, N.A.
	 		 	VISA U.S.A. INC.
					
	By:	 	 /s/    [ILLEGIBLE] FOR RICHARD B.
SKINNER
	 		 	By:	 	 /s/    JAMES DUNCAN

	Name:	 	Richard B. Skinner	 		 	Name:	 	James Duncan
	Title:	 	Senior Vice President	 		 	Title:	 	Senior Vice President
	Date:	 	  
	 		 	Date:	 	 6-22-07

  

 3Visa 2005 Deferred Compensation Plan

 Exhibit 10.10 
 VISA 
 2005 DEFERRED COMPENSATION PLAN 

 TABLE OF CONTENTS 
  

					
	 	  	 	  	Page
	INTRODUCTION	  	1
			
	ARTICLE 1	  	DEFINITIONS	  	1
			
	ARTICLE 2	  	ELECTION, ENROLLMENT, COMMENCEMENT, TERMINATION	  	3
			
	         2.1
	  	Eligibility	  	3
			
	         2.2
	  	Election Requirements	  	4
			
	         2.3
	  	Commencement of Participation	  	4
			
	         2.4
	  	Termination of Participation and/or Deferrals	  	4
			
	ARTICLE 3	  	DEFERRALS, CREDITING AND DEBITING ACCOUNTS, TAXES	  	4
			
	         3.1
	  	Deferred Compensation	  	4
			
	         3.2
	  	Election to Defer Compensation	  	4
			
	         3.3
	  	Withholding of Deferral Amounts	  	4
			
	         3.4
	  	Selection of Deemed Investments	  	4
			
	         3.5
	  	Crediting and Debiting Accounts	  	4
			
	         3.6
	  	FICA and Other Taxes	  	5
			
	         3.7
	  	Vesting	  	5
			
	ARTICLE 4	  	IN-SERVICE DISTRIBUTION; UNFORESEEABLE FINANCIAL EMERGENCIES	  	5
			
	         4.1
	  	In-Service Distribution	  	5
			
	         4.2
	  	Payout for Unforeseeable Financial Emergencies	  	5
			
	ARTICLE 5	  	RETIREMENT BENEFIT	  	5
			
	         5.1
	  	Retirement Benefit	  	5
			
	         5.2
	  	Payment of Retirement Benefits	  	6
			
	         5.3
	  	Death Prior to Complete Payment of Retirement Benefits	  	6
			
	ARTICLE 6	  	PRE-RETIREMENT SURVIVOR BENEFIT	  	6
			
	         6.1
	  	Pre-Retirement Survivor Benefit	  	6
			
	         6.2
	  	Payment of Pre-Retirement Survivor Benefits	  	6
			
	ARTICLE 7	  	TERMINATION BENEFIT	  	6
			
	         7.1
	  	Termination Benefits	  	6
			
	         7.2
	  	Payment of Termination Benefit	  	6
			
	         7.3
	  	Death Prior to Payment of Termination Benefits	  	6
			
	ARTICLE 8	  	DISABILITY BENEFIT	  	7
			
	         8.1
	  	Disability Benefit	  	7

  

 -i- 

 TABLE OF CONTENTS 
 (continued) 
  

					
	 	  	 	  	Page
	         8.2
	  	Payment of Disability Benefits	  	7
			
	ARTICLE 9	  	BENEFICIARY DESIGNATION	  	7
			
	         9.1
	  	Beneficiary	  	7
			
	         9.2
	  	Beneficiary Designation	  	7
			
	         9.3
	  	No Beneficiary Designation	  	7
			
	         9.4
	  	Doubt as to Beneficiary	  	7
			
	ARTICLE 10	  	LEAVE OF ABSENCE	  	7
			
	ARTICLE 11	  	TERMINATION, AMENDMENT, OR MODIFICATION	  	8
			
	         11.1
	  	Termination	  	8
			
	         11.2
	  	Amendment	  	8
			
	         11.3
	  	Effect of Payment	  	8
			
	ARTICLE 12	  	ADMINISTRATION	  	8
			
	         12.1
	  	Committee Duties	  	8
			
	         12.2
	  	Agents	  	8
			
	         12.3
	  	Binding Effect of Decisions	  	8
			
	         12.4
	  	Indemnity of Committee	  	8
			
	         12.5
	  	Participating Company Information	  	8
			
	ARTICLE 13	  	CLAIMS PROCEDURE	  	9
			
	         13.1
	  	Presentation of Claim	  	9
			
	         13.2
	  	Notification of Decision	  	9
			
	         13.3
	  	Review of a Denied Claim	  	9
			
	         13.4
	  	Decision on Review	  	10
			
	         13.5
	  	Legal Action	  	10
			
	         13.6
	  	Arbitration	  	10
			
	ARTICLE 14	  	TRUST	  	11
			
	         14.1
	  	Establishment of Trust	  	11
			
	         14.2
	  	Interrelationship of the Plan and the Trust	  	12
			
	ARTICLE 15	  	MISCELLANEOUS	  	12
			
	         15.1
	  	Unsecured General Creditor	  	12
			
	         15.2
	  	Participating Company’s Liability	  	12
			
	         15.3
	  	Non-Assignability	  	12
			
	         15.4
	  	Coordination with Other Benefits	  	12

  

 -ii- 

 TABLE OF CONTENTS 
 (continued) 
  

					
	 	  	 	  	Page
	         15.5
	  	Not a Contract of Employment	  	12
			
	         15.6
	  	Furnishing Information	  	12
			
	         15.7
	  	Terms	  	13
			
	         15.8
	  	Captions	  	13
			
	         15.9
	  	Governing Law	  	13
			
	         15.10
	  	Notice	  	13
			
	         15.11
	  	Successors	  	13
			
	         15.12
	  	Spouse’s Interest	  	13
			
	         15.13
	  	Validity	  	13
			
	         15.14
	  	Incompetent	  	13
			
	         15.15
	  	Court Order	  	14
			
	         15.16
	  	Payment in the Event of Taxation	  	14
			
	         15.17
	  	Legal Fees to Enforce Rights after Change in Control	  	14

  

 -iii- 

 INTRODUCTION 
 1. Effective January 1, 2005, the Visa Deferred Compensation Plan consists of two components, the Plan set forth herein and the Pre-2005 Plan. 
 2. The purpose of the Visa Deferred Compensation Plan is to provide deferred compensation benefits to a select group of management or highly compensated
employees who contribute materially to the continued growth, development and future business success of the Participating Companies. 
 3.
The provisions of the Plan shall apply to amounts deferred after December 31, 2004 that are subject to the limitations or requirements of section 409A of the Code. 
 ARTICLE 1 
 DEFINITIONS 
 For purposes hereof, unless otherwise clearly apparent from the context, the following phrases or terms shall have the following indicated meanings:

 1.1 “Account Balance” shall mean, with respect to each Elective Deferral Account, the Annual Deferral Amount for a Plan
Year as credited or debited in accordance with Section 3.5, and as may be reduced in accordance with a written direction to the Committee from the Participating Company employing the Participant to offset all or part of a monetary claim of the
Participating Company against the Participant. 
 1.2 “Administrator” shall mean the person, or persons, appointed by the
Committee to assist in the administration of the Plan in accordance with its provisions. 
 1.3 “Annual Deferral Amount”
shall mean that portion of a Participant’s compensation that the Participant elects to have, and is, deferred, in accordance with Article 3 for a Plan Year. 
 1.4 “Annual Installment Method” shall mean the payment of a Participant’s Account Balance in annual installments determined by dividing the current Account Balance by the remaining number of
installment payments. The final installment payment shall be equal to the remaining Account Balance. In no event shall the amount of any installment payment exceed the remaining Account Balance. 
 1.5 “Beneficiary” shall mean one or more persons, trusts, estates or other entities, designated in accordance with Article 9, that are
entitled to receive benefits under the Plan upon death of a Participant. 
 1.6 “Beneficiary Designation Form” shall mean
the form established from time to time by the Administrator whereby a Participant designates one or more Beneficiaries. 
 1.7
“Board” shall mean the Executive Committee of the Board of Directors of each Company. 
 1.8 “Change in
Control” shall mean a change in ownership or effective control of either Company effected through any of the following transactions: (i) a merger, consolidation or other reorganization approved by the Company’s members, unless
securities representing more than fifty percent (50%) of the total combined voting power of the voting interest of the successor entity are immediately thereafter beneficially owned, directly or indirectly and in substantially the same
proportion, by the persons who beneficially owned the Company’s outstanding membership interests immediately prior to such transaction; or (ii) the sale, transfer or other disposition of all or a substantial portion of the Company’s
assets in complete liquidation or dissolution of the Company. In the event this definition of “Change in Control” fails to meet the limitations or requirements of section 409A of the Code, then this definition shall be deemed modified to
the extent necessary to meet the limitations or requirements of section 409A of the Code. 
  

 1 

 1.9 “Claimant” shall have the meaning set forth in Section 13.1. 
 1.10 “Code” shall mean the Internal Revenue Code of 1986, as amended from time to time, and the regulations promulgated thereunder from
time to time. 
 1.11 “Committee” shall mean the Visa Employee Benefits Board, or a successor committee appointed and
designated as such by the Board. The Committee shall be the Plan “administrator” as that term is defined in ERISA. 
 1.12
“Company” shall mean Visa U.S.A. Inc. or any successor thereto, and Visa International Service Association or any successor thereto; and any reference to Company shall mean both of these corporations unless otherwise indicated.

 1.13 “Deemed Investment” shall mean the investment vehicles described in Section 3.4. 
 1.14 “Disability” shall exist if a Participant, by reason of any medically determinable physical or mental impairment that can be
expected to result in death or can be expected to last for a continuous period of not less than 12 months, has been receiving income replacement benefits for a period of not less than 24 months under an accident and health policy covering employees
of the Participating Company that employs the Participant. 
 1.15 “Disability Benefit” shall mean the benefit described in
Article 8. 
 1.16 “Election Form” shall mean the form established from time to time by the Administrator whereby a
Participant makes an election under the Plan. 
 1.17 “Elective Deferral Account” shall mean the bookkeeping entry that is
utilized solely as a device for the measurement and determination of the amount to be paid to a Participant pursuant to the Plan attributable to the Annual Deferral Amount for a Plan Year. 
 1.18 “Employee” shall mean any employee of a Participating Company. 
 1.19 “ERISA” shall mean the Employee Retirement Income Security Act of 1974, as amended from time to time. 
 1.20 “Incentive Plan” shall mean any quarterly, annual or long-term incentive plan for eligible Employees whose compensation is subject
to U.S. income tax withholding, including any successor or predecessor thereto, that are maintained by a Participating Company. 
 1.21
“In-Service Distribution” shall mean the payout described in Section 4.1. 
 1.22 “Participant” shall
mean an eligible Employee who elects to participate in the Plan in accordance with the terms and conditions of the Plan. An individual who becomes a Participant shall remain a Participant until full payment of his or her Account Balances.

 1.23 “Participating Company” shall mean each Company, Inovant LLC and any other Related Company which is designated by
either Board as a Participating Company under the Plan. 
  

 2 

 1.24 “Plan” shall mean the Visa 2005 Deferred Compensation Plan effective as of
January 1, 2005, as it may be further amended from time to time, which is the component of the Visa Deferred Compensation Plan set forth in its entirety in this document. 
 1.25 “Plan Year” shall be the calendar year. 
 1.26 “Pre-Retirement Survivor Benefit” shall mean the benefit described in Article 6. 
 1.27 “Pre-2005 Plan” shall mean the component of the Visa Deferred Compensation Plan set forth in a separate document and applicable to deferred compensation that is not subject to the limitations or requirements of section
409A of the Code. 
 1.28 “Related Company” shall mean a corporation which is a member of a controlled group of corporations
within the meaning of section 414(b) of the Code of which either Company is a component member and an unincorporated trade or business which is under common control within the meaning of section 414(c) of the Code with either Company. 
 1.29 “Retirement,” “Retire,” “Retires,” “or “Retired” shall mean Separation from
Service for any reason other than death on or after the Participant’s “Retirement Date” as defined in the Visa Retirement Plan. 
 1.30 “ Retirement Benefit” shall mean the benefit described in Article 5. 
 1.31 “Separation from
Service” shall mean separation from service within the meaning of section 409A of the Code between a Participant and any Participating Company and any Related Company. A transfer among Participating Companies and Related Companies will not
be a Separation from Service. 
 1.32 “Termination Benefit” shall mean the benefit described in Article 7. 
 1.33 “Trust” or “Trust Agreement” shall mean the Visa Deferred Compensation Plan Trust Agreement, as amended from time
to time, entered into between the Company and the Trustee in connection with the Plan. 
 1.34 “Trustee” shall mean the
trustee under the Trust. 
 1.35 “Unforeseeable Financial Emergency” shall mean a severe financial hardship to the
Participant resulting from illness or accident of the Participant, the Participant’s spouse or a dependent (as defined in section 152(a) of the Code) of the Participant, loss of the Participant’s property due to casualty, or other similar
extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Participant. 
 1.36 “Visa
Deferred Compensation Plan” shall mean the deferred compensation plan consisting of two components, the Plan and the Pre-2005 Plan. 
 ARTICLE 2 
 ELECTION, ENROLLMENT, COMMENCEMENT, TERMINATION 
 2.1 Eligibility. Participation in the Plan shall be limited to Employees who are designated by the Chief Executive Officer of either Company or
the Committee as being eligible to defer compensation under the Plan, provided that such eligibility is consistent with the Plan’s intended purpose of providing an opportunity to defer the receipt of compensation to a select group of management
or highly compensated employees within the meaning of Sections 201(2), 301(a)(3) and 401(a)(1) of ERISA as the Committee shall determine in its sole and absolute discretion. 
  

 3 

 2.2 Election Requirements. An election to participate in the Plan shall specify: (i) the type
of compensation to be deferred; (ii) the amount of such compensation to be deferred; and (iii) the date and form that such deferred compensation is to be paid. 
 2.3 Commencement of Participation. Provided an Employee selected to participate in the Plan has met all election requirements within 30 days of selection, that individual shall commence participation in the
Plan upon the timely completion of those requirements. If an individual’s initial election to defer compensation pursuant to Section 3.2 is not received within the required 30 day period, that individual shall not be eligible to
participate in the Plan until the first day of the Plan Year following the date such election requirements are first met. 
 2.4
Termination of Participation and/or Deferrals. If the Committee determines in good faith that a Participant no longer meets the requirement of Section 2.1 hereof, the Committee shall have the right, in its sole discretion, to
(i) terminate any deferral election the Participant has made for the Plan Year in which the Participant’s eligibility status changes and/or (ii) prevent the Participant from making future deferral elections. The Committee may, in its
sole discretion, reinstate the Participant to full Plan participation at such time in the future as the Participant again meets the requirements of Section 2.1. 
 ARTICLE 3 
 DEFERRALS, CREDITING AND DEBITING ACCOUNTS, TAXES 
 3.1 Deferred Compensation. A Participant may elect to defer compensation payable under an Incentive Plan or as a signing bonus. 
 3.2 Election to Defer Compensation. A Participant shall make a deferral election by timely filing an Election Form in accordance with the
Administrator’s rule and procedures. If no Election Form is timely filed for a Plan Year, no Annual Deferral Amount shall be withheld for that Plan Year. Subject to such generally applicable exceptions as may be authorized by the Administrator
and applicable law, a Participant’s election to defer compensation for services performed during a calendar year must be filed before the later of (i) the last day of the immediately preceding Plan Year, or (ii) 30 days after the date
the Participant becomes eligible to participate in the Plan. Notwithstanding the foregoing sentence, in the case of performance based compensation based on services performed over a period of at least 12 months, the election to defer must be made no
later than six months before the end of the performance period. The election to defer a new employee’s signing bonus must be made before performing services. 
 3.3 Withholding of Deferral Amounts. For each Plan Year, the Incentive Plan award and signing bonus portions of the Annual Deferral Amount shall be withheld and credited to the Participant’s Elective
Deferral Account at the time the Incentive Plan award or signing bonus would otherwise be paid to the Participant. 
 3.4 Selection of
Deemed Investments. The Committee shall select the Deemed Investments that are available to measure the amounts to be credited under Section 3.5 based on each Participant’s directions regarding the specific Deemed Investments allocable
from time to time to the Participant’s Elective Deferral Account. Deemed Investments shall be for bookkeeping purposes only, and a Participating Company shall not be obligated to invest in the Deemed Investments, or to acquire or maintain any
actual investment. 
 3.5 Crediting and Debiting Accounts. The Administrator shall determine, in its discretion, the exact times and
methods for crediting an Elective Deferral Account with changes in value of its Deemed 

  

 4 

 
Investments and debiting any distributions allocated thereto. The Committee may, at any time, change the timing or methods for such credits and debits;
provided, however, that the times and methods in effect at any particular time shall be uniform among all Participants and Beneficiaries. 
 3.6 FICA and Other Taxes. For each Plan Year in which a Participant elects an Annual Deferral Amount, the Participating Company employing the Participant shall ratably withhold from that portion of the Participant’s compensation
that is not being deferred, the Participant’s share of FICA taxes on the deferred amounts and any other taxes, which may be required or appropriate. However, the Participant may be granted an election by the Administrator for such taxes to be
withheld from the Annual Deferral Amount. If necessary, the Administrator shall reduce the Annual Deferral Amount in order to comply with applicable tax withholding requirements. 
 3.7 Vesting. A Participant shall at all times have a fully vested and nonforfeitable interest in his or her Annual Deferral Amount and Elective
Deferral Accounts. 
 ARTICLE 4 
 IN-SERVICE DISTRIBUTION AND UNFORESEEABLE FINANCIAL EMERGENCIES 
 4.1 In-Service Distribution. In connection with
each election to defer an Annual Deferral Amount, a Participant may elect to receive a future “In-Service Distribution” from the Plan with respect to that Annual Deferral Amount. The In-Service Distribution that is equal to the Annual
Deferral Amount plus amounts credited thereon under Section 3.5 shall be a lump sum payment or pursuant to an Annual Installment Method of up to 15 years, with the portion of the In-Service Distribution which is yet to be distributed being
credited with amounts as set forth in Section 3.5. Subject to the other terms and provisions of the Plan, each In-Service Distribution elected shall be paid as soon as practicable after the first day of the Plan Year that is one or more years
after the first day of the Plan Year in which an Annual Deferral Amount is actually deferred (e.g., deferral elections in 2005 for amounts payable in 2006 may specify a January 1 distribution date in 2007 or later). A Participant may at any
time before Separation from Service and at least 12 months before a distribution date modify a previous election pertaining to the form of distribution and/or the distribution date, provided the modification does not (i) accelerate a previously
elected distribution date, or (ii) defer a previously elected distribution date unless the requested deferral is for no less than five years in whole year increments. Notwithstanding the foregoing, should an event occur that triggers a benefit
payment under Articles 5 through 8, any amount that is subject to a In-Service Distribution election under this Section 4.1 shall be paid instead in accordance with the other applicable Article of the Plan. 
 4.2 Payout for Unforeseeable Financial Emergencies. If the Participant experiences an Unforeseeable Financial Emergency, the Participant may
petition the Committee to receive partial or full payout from the Plan. The payout shall not exceed the lesser of the Account Balances of the Participant, calculated as if such Participant were receiving a Termination Benefit, or the amount
necessary to satisfy the emergency and pay taxes reasonably anticipated as a result of the payout, after taking into account the extent to which such hardship is or may be relieved through reimbursement or compensation by insurance or otherwise by
liquidation of the Participant’s assets (to the extent such liquidation would not itself cause severe financial hardship). 
 ARTICLE
5 
 RETIREMENT BENEFIT 
 5.1 Retirement Benefit. A Participant who Retires shall receive, as a Retirement Benefit, his or her Account Balances. 
  

 5 

 5.2 Payment of Retirement Benefits. A Participant shall elect on an Election Form to receive the
Retirement Benefit attributable to an Account Balance in a lump sum or pursuant to an Annual Installment Method of up to 15 years. If the aggregate amount of the remaining Account Balances is under $10,000, the Administrator may authorize payment of
such amount in the form of a lump sum. The lump sum payment shall be made, or installment payments shall commence, as soon as practicable after the date the Participant Retires or January 1 in one of the next following five years, as elected by
the Participant. If no election is made with respect to the form of distribution, payment shall be made in a lump sum. A Participant may at any time before Retirement and at least 12 months before a distribution date modify a previous election
pertaining to the form of distribution and/or the distribution date, provided the modification does not (i) accelerate a previously elected distribution date, or (ii) defer a previously elected distribution date unless the requested
deferral is for no less than five years in whole year increments. Any election or modified election under this Section 5.2 shall be disregarded to the extent it fails to meet the limitations or requirements of section 409A of the Code.

 5.3 Death Prior to Complete Payment of Retirement Benefits. If a Participant dies after Retirement but before the Retirement
Benefit is paid in full, the Participant’s unpaid Retirement Benefit shall be paid to the Participant’s Beneficiary over the remaining number of years and in the same amounts as that benefit would have been paid to the Participant had the
Participant survived. 
 ARTICLE 6 
 PRE-RETIREMENT SURVIVOR BENEFIT 
 6.1 Pre-Retirement Survivor Benefit. If a Participant dies before Separation from
Service or Retirement, the Participant’s Beneficiary shall receive, as a Pre-Retirement Survivor Benefit, the Participant’s Account Balances. 
 6.2 Payment of Pre-Retirement Survivor Benefits. The Pre-Retirement Survivor Benefit shall be paid in a lump sum as soon as practicable following the Participant’s death. 
 ARTICLE 7 
 TERMINATION BENEFIT

 7.1 Termination Benefits. If a Participant has a Separation from Service prior to Retirement, the Participant shall receive, as
a Termination Benefit, the Participant’s Account Balances. 
 7.2 Payment of Termination Benefit. A Participant’s
Termination Benefit shall be paid in a lump sum as soon as practicable following the date of the Participant’s Separation from Service, or the next following January 1, as elected in advance by the Participant. If no election is made, the
Participant’s Termination Benefit shall be paid in a lump sum as soon as practicable following the date of the Participant’s Separation from Service. Any election or modified election under this Section 7.2 shall be disregarded to the
extent it fails to meet the limitations or requirements of section 409A of the Code. 
 7.3 Death Prior to Payment of Termination
Benefits. If a Participant dies after Separation from Service, but before the Termination Benefit is paid, the Participant’s unpaid Termination Benefit shall be paid in a lump sum to the Participant’s Beneficiary as soon as practicable
following the Participant’s death. 
  

 6 

 ARTICLE 8 
 DISABILITY BENEFIT 
 8.1 Disability Benefit. A Participant with a Disability shall receive, as
a Disability Benefit, his or her Account Balances. 
 8.2 Payment of Disability Benefits. A Participant shall elect on an Election
Form to receive the Disability Benefit attributable to an Account Balance in a lump sum or pursuant to an Annual Installment Method of up to 15 years. If the remaining Account Balance is under $10,0000 (or such higher amount as may be set by the
Committee), the Administrator shall pay the remaining amount in the form of a lump sum. The lump sum payment shall be made, or installment payments shall commence, as soon as practicable after the date the Participant has a Disability. If no
election is made with respect to the form of distribution, payment shall be made in a lump sum. A Participant may at least 12 months before the date of Disability modify a previous election pertaining to the form of distribution and/or the
distribution date, provided the modification does not (i) accelerate a previously elected distribution date, or (ii) defer a previously elected distribution date unless the deferral is for no less than five years in whole year increments;
provided, however, that the distribution shall be made or commenced no later than as soon as practicable after the Participant with a Disability attains age 70. Any election or modified election under this Section 8.2 shall be disregarded to
the extent it fails to meet the limitations or requirements of section 409A of the Code. 
 ARTICLE 9 
 BENEFICIARY DESIGNATION 
 9.1
Beneficiary. Each Participant shall have the right, at any time, to designate his or her Beneficiary (both primary as well as contingent) to receive any benefits payable under the Plan to a Beneficiary upon the death of a Participant.

 9.2 Beneficiary Designation. A Participant shall designate his or her Beneficiary on a Beneficiary Designation Form in accordance
with the Administrator’s rules and procedures, as in effect from time to time. 
 9.3 No Beneficiary Designation. If a
Participant fails to designate a Beneficiary as provided in Sections 9.1 and 9.2 above, or, if all designated Beneficiaries predecease the Participant or die prior to complete distribution of the Participant’s benefits, then the
Participant’s designated Beneficiary shall be his or her surviving spouse. If the Participant has no surviving spouse, the benefits remaining under the Plan shall be paid to the Participant’s issue upon the principle of representation and
if there is no such issue, to the Participant’s estate. 
 9.4 Doubt as to Beneficiary. If the Administrator has any doubt as to
the proper Beneficiary to receive payments pursuant to this Plan, the Administrator shall have the right, exercisable in its sole and absolute discretion, to cause such payments to be withheld until the matter is resolved. 
 ARTICLE 10 
 LEAVE OF ABSENCE

 If a Participant is authorized for any reason to take a leave of absence from employment, the Participant shall continue to be
considered in the service of the Participating Company for purposes hereof and the Annual Deferral Amount shall continue to be withheld during such leave of absence in accordance with Section 3.3. 
  

 7 

 ARTICLE 11 
 TERMINATION, AMENDMENT, OR MODIFICATION 
 11.1 Termination. Each Company reserves the right to
terminate the Plan with respect to the Participants employed by the Company and each Participating Company that is a Related Company with respect to the Company by action of its Board within 12 months of a Change in Control of the Company. Upon such
Change in Control and termination of the Plan, the affected Participants’ Account Balances shall be paid in a lump sum as soon as practicable after the date of Plan termination, subject to any applicable limitations of section 409A of the Code.

 11.2 Amendment. Each Company may, at any time, amend or modify the Plan in whole or in part with respect to the Participants
employed by the Company and each Participating Company that is a Related Company with respect to the Company; provided, however, that no amendment or modification shall be effective to decrease a Participant’s Account Balances at the time of
such amendment, calculated as though the Participant had experienced a Separation from Service as of the effective date of the amendment or modification, or, if the amendment or modification occurs after the date upon which the Participant was
eligible to Retire, the Participant had Retired as of the effective date of the amendment or modification. In addition, no amendment or modification of the Plan shall affect the right of any Participant or Beneficiary who was eligible to or did
Retire on or before the effective date of such amendment or modification to receive benefits in the manner he or she elected. 
 11.3
Effect of Payment. The full payment of the applicable benefit under the Plan shall completely discharge all obligations to a Participant under the Plan. 
 ARTICLE 12 
 ADMINISTRATION 
 12.1 Committee Duties. The Plan shall be administered by the Committee. The Committee shall also have the discretion and authority to make, amend,
interpret, and enforce all appropriate rules and regulations for the administration of the Plan and decide or resolve any and all questions, including but not limited to, interpretations of the Plan and entitlement to or amount of benefits under the
Plan, as may arise in connection with the Plan. Any Committee member must recuse himself or herself on any matter of personal interest to such member that comes before the Committee. 
 12.2 Agents. In the administration of the Plan, the Committee may, from time to time, engage agents, including the Administrator, and delegate to
them such administrative duties as it sees fit and may from time to time consult with counsel who may be counsel to any Participating Company. 
 12.3 Binding Effect of Decisions. The decision or action of the Committee with respect to any question arising out of or in connection with the administration, interpretation and application of the Plan and the rules and regulations
promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Plan. 
 12.4 Indemnity of
Committee. All Participating Companies shall indemnify and hold harmless the members of the Committee against any and all claims, losses, damages, expenses, or liabilities arising from any action or failure to act with respect to the Plan,
except in the case of willful misconduct by the Committee or any of its members. 
 12.5 Participating Company Information. To enable
the Committee to perform its functions, each Participating Company shall supply full and timely information to the Committee on all matters relating to the compensation of its Participants, the date and circumstances of the Retirement, Disability,
death or Separation from Service of its Participants, and such other pertinent information as the Committee may reasonably require. 
  

 8 

 ARTICLE 13 
 CLAIMS PROCEDURE 
 13.1 Presentation of Claim. Any Participant or Beneficiary of a deceased
Participant (such Participant or Beneficiary being referred to below as a “Claimant”) may deliver to the Committee a written claim for a determination with respect to the amounts distributable to such Claimant from the Plan. If such a
claim relates to the contents of a notice received by the Claimant, the claim must be made within 90 days after such notice was received by the Claimant. The claim must state with particularity the determination desired by the Claimant. All other
claims must be made within 180 days of the date on which the event that caused the claim to arise occurred. The claim must state with particularity the determination desired by the Claimant. 
 13.2 Notification of Decision. The Committee shall consider a Claimant’s claim within a reasonable time, and shall notify the Claimant in
writing but not later than 90 days (180 days if the Committee determines special circumstances apply): 
 (a) That the Claimant’s
requested determination has been made, and that the claim has been allowed in full; or 
 (b) That the Committee has reached a conclusion
contrary, in whole or in part, to the Claimant’s requested determination, and such notice must set forth in a manner calculated to be understood by the Claimant: 
 (i) the specific reason(s) for the denial if the claim, or any part of it; 
 (ii) specific reference(s) to pertinent provisions of the Plan upon which such denial was based; 
 (iii) a description of any additional material or information necessary for the Claimant to perfect the claim, and an explanation of why
such material or information is necessary; and 
 (iv) an explanation of the claim review procedure set forth in
Section 15.3 below. 
 13.3 Review of a Denied Claim. Within 90 days after receiving a notice from the Committee that a claim has
been denied, in whole or in part, a Claimant (or the Claimant’s duly authorized representative) may file with the Committee a written request for a review of the denial of the claim. Thereafter, the Claimant (or the Claimant’s duly
authorized representative): 
 (a) may review pertinent documents; 
 (b) may submit written comments or other documents; and 
 (c) will be provided, upon request, reasonable access to, and copies of, all documents, records and other information relevant to the Claimant’s claim. 
 The Committee will provide a decision on review within 90 days following the filing, or 120 days if special circumstances exist. 
  

 9 

 13.4 Decision on Review. The Committee shall render its decision on review promptly, and not later
than 90 days after the filing of a written request for review of the denial, unless special circumstances require additional time, in which case the Committee’s decision must be rendered within 120 days after such date. Such decision must be
written in a manner calculated to be understood by the Claimant, and it must contain: 
 (a) specific reasons for the decision; 
 (b) specific reference(s) to the pertinent Plan provisions upon which the decision was based; and 
 (c) such other matters as the Committee deems relevant. 
 13.5 Legal Action. A Claimant’s compliance with the foregoing provisions of this Article 13 is a mandatory prerequisite to a Claimant’s right to commence any arbitration proceeding with respect to any
claim for benefits under this Plan. 
 13.6 Arbitration. Any claim or controversy which the parties are unable to resolve themselves,
and which is not resolved through the claims procedure set forth in this Article 13, including any claim arising out of a Participant’s employment or the termination of that employment, and including any claim arising out of, connected with, or
related to the formation, interpretation, performance, or breach of any provision of the Plan, and any claim or dispute as to whether a claim is subject to arbitration, shall be submitted to and resolved exclusively by expedited binding arbitration
by a single arbitrator in accordance with the following procedures: 
 (a) In the event of a claim or controversy subject to this arbitration
provision, the complaining party shall promptly send written notice to the other party identifying the matter in dispute and the proposed remedy. Following the giving of such notice, the parties shall meet and attempt in good faith to resolve the
matter. In the event the parties are unable to resolve the matter within 21 days, the parties shall meet and attempt in good faith to select a single arbitrator acceptable to both parties. If a single arbitrator is not selected by mutual consent
within 10 business days following the giving of the written notice of dispute, an arbitrator shall be selected from a list of nine persons each of whom shall be an attorney who is either engaged in the active practice of law or a recognized
arbitrator and who, in either event, is experienced in serving as an arbitrator in disputes between employers and employees, which list shall be provided by the main San Francisco office of either JAMS, the American Arbitration Association
(“AAA”) or the Federal Mediation and Conciliation Service. If, within three business days of the parties’ receipt of such list, the parties are unable to agree upon an arbitrator from the list, then the parties shall each strike names
alternatively from the list, with the first to strike being determined by the flip of a coin. After each party has had four strikes, the remaining name on the list shall be the arbitrator. If such person is unable to serve for any reason, the
parties shall repeat this process until an arbitrator is selected. 
 (b) Unless the parties agree otherwise, within 90 days of the selection
of the arbitrator, a hearing shall be conducted before such arbitrator at a time and a place agreed upon by the parties. In the event the parties are unable to agree upon the time or place of the arbitration, the time and place shall be designated
by the arbitrator after consultation with the parties. Within 30 days of the conclusion of the arbitration hearing, the arbitrator shall issue an award, accompanied by a written decision explaining the basis for the arbitrator’s award.

 (c) In any arbitration hereunder, the Participant’s Participating Company shall pay all administrative fees of the arbitration and
all fees of the arbitrator, except that the Participant or Beneficiary may, if he/she/it wishes, pay up to one-half of those amounts. Each party shall pay its own 

  

 10 

 
attorneys’ fees, costs, and expenses, unless the arbitrator orders otherwise. The prevailing party in such arbitration, as determined by the arbitrator,
and in any enforcement or other court proceedings, shall be entitled, to the extent permitted by law, to reimbursement from the other party for all of the prevailing party’s costs (including but not limited to the arbitrator’s
compensation), expenses, and attorneys’ fees. The arbitrator shall have no authority to add to or to modify the Plan, shall apply all applicable law, and shall have no lesser and no greater remedial authority than would a court of law resolving
the same claim or controversy. The arbitrator shall, upon an appropriate motion, dismiss any claim without an evidentiary hearing if the party bringing the motion establishes that it would be entitled to summary judgment if the matter had been
pursued in court litigation. The parties shall be entitled to discovery as follows. Each party may take no more than three depositions. The Participating Company may depose the Participant or Beneficiary plus two other witnesses, and Participant or
Beneficiary may depose the Participating Company, within the meaning of Rule 30(b)(6) of the Federal Rules of Civil Procedure, plus two other witnesses. Each party may make such reasonable document discovery requests as are allowed in the discretion
of the arbitrator. 
 (d) The decision of the arbitrator shall be final, binding, and non-appealable, and may be enforced as a final judgment
in any court of competent jurisdiction. 
 (e) This arbitration provision of the Plan shall extend to claims against any parent, subsidiary,
or affiliate of each party, and, when acting within such capacity, any officer, director, shareholder, Participant, Beneficiary, or agent of each party, or of any of the above, and shall apply as well to claims arising out of state and federal
statutes and local ordinances as well as to claims arising under the common law or under this Plan. 
 (f) Notwithstanding the foregoing, and
unless otherwise agreed between the parties, either party may, in an appropriate matter, apply to a court for provisional relief, including a temporary restraining order or preliminary injunction, on the ground that the arbitration award to which
the applicant may be entitled may be rendered ineffectual without provisional relief. 
 (g) Any arbitration hereunder shall be conducted in
accordance with the Federal Arbitration Act; provided, however, that, in the even of any inconsistency between the rules and procedures of the Act and the terms of the Plan, the terms of the Plan shall prevail. 
 (h) If any of the provisions of this Section 13.6 are determined to be unlawful or otherwise unenforceable, in whole or in part, such determination
shall not affect the validity of the remainder of this Section 13.6, and this Section 13.6 shall be reformed to the extent necessary to carry out its provisions to the greatest extent possible and to insure that the resolution of all
conflicts between the parties, including those arising out of statutory claims, shall be resolved by neutral, binding arbitration. If a court should find that the provisions of this Section 13.6 are not absolutely binding, then the parties
intend any arbitration decision and award to be fully admissible in evidence in any subsequent action, given great weight by any finder of fact, and treated as determinative to the maximum extent permitted by law. 
 (i) The parties do not agree to arbitrate any putative class action or any other representative action. The parties agree to arbitrate only the claim(s)
of a single Participant. 
 ARTICLE 14 
 TRUST 
 14.1 Establishment of Trust. The Company shall establish the Trust, and the Company shall
transfer over to the Trust such assets, if any, as the Committee determines, from time to time and in its sole discretion, are appropriate. 
  

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 14.2 Interrelationship of the Plan and the Trust. The provisions of the Plan shall govern the
rights of a Participant to receive distributions pursuant to the Plan. The provisions of the Trust shall govern the rights of the Participant and the creditors of the Participating Companies to the assets transferred to the Trust. Each Participating
Company shall at all times remain liable to carry out its obligations under the Plan with respect to the Participants who are or were its Employees. A Participating Company’s obligations under the Plan may be satisfied with Trust assets
distributed pursuant to the terms of the Trust. Any such distribution shall reduce a Participating Company’s obligations under the Plan. 
 ARTICLE 15 
 MISCELLANEOUS 
 15.1 Unsecured General Creditor. Participants and their Beneficiaries, heirs, successors, and assigns shall have no legal or equitable right or interest in or claim to any property or assets of a Participating
Company. Any and all of a Participating Company’s assets shall be, and remain, the general and unrestricted assets of the Participating Company. A Participating Company’s obligation under the Plan shall be merely that of an unfunded and
unsecured promise to pay money in the future and the sole interest of a Participant or a Participant’s Beneficiary shall be as a general creditor of the Participating Company that employs or employed the Participant. 
 15.2 Participating Company’s Liability. A Participating Company’s liability for the payment of benefits shall be defined only by the
Plan and shall be limited to the benefits under the Plan that are attributable to the Participant’s employment by the Participating Company. A Participating Company shall have no obligation to or with respect to a Participant under the Plan
except as expressly provided in the Plan. 
 15.3 Non-Assignability. Neither a Participant nor any other person shall have any right
to commute, sell, assign, transfer, pledge, anticipate, mortgage, or otherwise encumber, transfer, hypothecate, or convey in advance of actual receipt, the amounts, if any, payable hereunder, or any part thereof, which are, and all rights to which
are expressly declared to be nonassignable and non-transferable. No part of the amounts payable shall, prior to actual payments be subject to seizure or sequestration for the payment of any debts, judgments, alimony, or separate maintenance owed by
a Participant or any other person, nor be transferable by operation of law in the event of a Participant’s or any other person’s bankruptcy or insolvency. 
 15.4 Coordination with Other Benefits. The benefits provided for a Participant and Participant’s Beneficiary under the Plan are in addition to any other benefits available to such Participant under any
other plan or program for employees of the Participant’s Participating Company. The Plan shall supplement and shall not supersede, modify, or amend any other such plan or program except as may otherwise be expressly provided. 
 15.5 Not a Contract of Employment. The terms and conditions of the Plan shall not be deemed to constitute a contract of employment between any
Participating Company and the Participant. Nothing in the Plan shall be deemed to give a Participant the right to be retained in the employed of any Participating Company, or to interfere with the right of any Participating Company to discipline,
demote, discharge or change the terms of employment at any time, with or without cause, of the Participant at any time. 
 15.6 Furnishing
Information. A Participant or his or her Beneficiary will cooperate with the Committee by furnishing any and all information requested by the Committee and take such other actions as may be requested in order to facilitate the administration of
the Plan and the payments of benefits hereunder, including but not limited to taking such physical examinations as the Committee may deem necessary. 
  

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 15.7 Terms. Whenever any words are used herein in the singular or in the plural, they shall be
construed as though they were used in the plural or the singular, as the case may be, in all cases where they would so apply. The masculine pronoun shall be deemed to include the feminine and vice versa, unless the context clearly indicates
otherwise. 
 15.8 Captions. The captions of the articles, sections, and paragraphs of the Plan are for convenience only and shall not
control or affect the meaning or construction of any of its provisions. 
 15.9 Governing Law. Subject to ERISA, the provisions of the
Plan shall be construed and interpreted according to the laws of the State of California. 
 15.10 Notice. Any notice or filing
required or permitted to be given to the Committee under the Plan shall be sufficient if in writing and hand-delivered, or sent by registered or certified mail to: 
 VISA USA 
 Employee Benefits Board 
 ATTN: PATRICIA VELARDE, PENSION SPECIALIST 
 900 Metro Center Blvd., M1 7B 
 Foster City, CA 94404 
 VISA INTERNATIONAL 
 Employee Benefits Board 
 ATTN: HUMAN RESOURCES 
 900 Metro Center Blvd. M7 5B 
 Foster City, CA 94404 
 Such notice shall be deemed given as of the date of delivery or, if delivery is made by mail, as of the date shown on the postmark on the receipt for registration or certification. Any notice or filing required or permitted to be given to a
Participant under the Plan shall be sufficient if in writing and hand-delivered, or sent by, mail, to the last known address of the Participant. 
 15.11 Successors. The provisions of the Plan shall bind and inure to the benefit of the Participant’s Participating Company and its successors and assigns and the Participant, the Participant’s Beneficiaries, and their
permitted successors and assigns. 
 15.12 Spouse’s Interest. A Participant’s Beneficiary designation shall be deemed
automatically revoked if the Participant names a spouse as Beneficiary and the spouse dies. The interest in the benefits hereunder of a spouse of a Participant who has predeceased the Participant shall automatically pass to the Participant and shall
not be transferable by such spouse in any manner, including but not limited to such spouse’s will. 
 15.13 Validity. In case any
provision of the Plan shall be illegal or invalid for any reason, said illegality or invalidity shall not affect the remaining parts hereof, but the Plan shall be construed and enforced as if such illegal or invalid provision had never been inserted
herein. 
 15.14 Incompetent. If the Committee determines in its discretion that a benefit under the Plan is to be paid to a minor, a
person declared incompetent or to a person incapable of handling the disposition of that person’s property, the Committee may direct payment of such benefit to the guardian, legal representative, or person having the care and custody of such
minor, incompetent, or incapable person. The Committee may require proof of minority, incompetency, incapacity, or guardianship, as it may deem appropriate prior to distribution of the benefit. Any payment of a benefit shall be a payment for the
account of the Participant and the Participant’s Beneficiary, as the case may be, and shall be a complete discharge of any liability under the Plan for such payment amount. 
  

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 15.15 Court Order. The Committee may authorize any payments directed by court order in any action
in which the Plan or Committee has been named as a party. 
 15.16 Payment in the Event of Taxation. If, for any reason, all or any
portion of a Participant’s benefit under the Plan becomes taxable to the Participant prior to receipt, the Participant may petition the Committee for a distribution of assets sufficient to meet the Participant’s tax liability (including
additions to tax, penalties, and interest). Upon the grant of such a petition, which grant shall not be unreasonably withheld, a Participant’s Participating Company shall pay to the Participant an amount equal to that Participant’s
federal, state, and local tax liability associated with such taxation (which amount shall not exceed the Participant’s Account Balances), which liability shall be measured by using that Participant’s then current highest federal, state,
and local marginal tax rate, plus the rates or amounts for the applicable additions to tax, penalties, and interest. If the petition is granted, the tax liability payment shall be made within ninety days of the date when the Participant’s
petition is granted. Such payment shall reduce the benefits to be paid under the Plan. In the event this Section 15.16 fails to meet the limitations or requirements of section 409A of the Code, then this Section 15.16 shall be deemed
modified to the extent necessary to meet the limitations or requirements of section 409A of the Code. 
 15.17 Legal Fees to Enforce
Rights after Change in Control. Each Company is aware that upon the occurrence of its Change in Control, the Board (which might then be composed of new members) might then cause or attempt to cause the Company or any successor to refuse to
comply with its obligations under the Plan and might cause or attempt to cause the Company or any successor to institute, or may institute, litigation seeking to deny Participants the benefits intended under the Plan. Accordingly, if, following its
Change in Control, it should appear to any Participant that the Company has failed to comply with any of its obligations under the Plan or any agreement hereunder or, if the Company or any other person takes any action to declare the Plan void or
unenforceable or institutes any litigation or other legal action designed to deny, diminish or to recover from any Participant the benefits intended to be provided, then the Company irrevocably authorizes such Participant to retain counsel of his or
her choice at the expense of the Company to represent such Participant in connection with the initiation or defense of any litigation or other legal action, whether by or against the Company or any director, officer or other person affiliated with
the Company or any successor thereto in any jurisdiction. 
  

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