Document:

Form of Indenture between IOU Central Inc. and to be named commercial bank.

 Exhibit 4.3 
 IOU CENTRAL INC. 
 BORROWER PAYMENT DEPENDENT NOTES 
 INDENTURE 
 DATED AS OF
            , 2009 
                                        
                     , 
 AS TRUSTEE 

 TABLE OF CONTENTS 
  

					
	 	 	 	  	 Page

	 ARTICLE I     DEFINITIONS AND INCORPORATION BY REFERENCE
	  	1
	 Section 1.1
	 	 Definitions
	  	1
	 Section 1.2
	 	 Other Definitions
	  	5
	 Section 1.3
	 	 Incorporation by Reference of Trust Indenture Act
	  	5
	 Section 1.4
	 	 Rules of Construction
	  	5
	 ARTICLE II    THE SECURITIES
	  	6
	 Section 2.1
	 	 Forms Generally
	  	6
	 Section 2.2
	 	 Title, Terms and Denominations
	  	6
	 Section 2.3
	 	 Execution, Authentication, Delivery and Dating
	  	8
	 Section 2.4
	 	 Registrar and Paying Agent
	  	9
	 Section 2.5
	 	 Paying Agent to Hold Money and Securities in Trust
	  	10
	 Section 2.6
	 	 Securityholder Lists
	  	10
	 Section 2.7
	 	 Transfer
	  	10
	 Section 2.8
	 	 Outstanding Securities; Determinations of Holders’ Action
	  	11
	 Section 2.9
	 	 Cancellation
	  	11
	 Section 2.10
	 	 Payments
	  	11
	 Section 2.11
	 	 Persons Deemed Owners
	  	12
	 Section 2.12
	 	 CUSIP Numbers
	  	12
	 ARTICLE III    COVENANTS
	  	12
	 Section 3.1
	 	 Payment of Securities
	  	12
	 Section 3.2
	 	 SEC Reports
	  	12
	 Section 3.3
	 	 Compliance Certificate; Statement by Officers as to Default
	  	13
	 Section 3.4
	 	 Further Instruments and Acts
	  	13
	 Section 3.5
	 	 Maintenance of Office or Agency
	  	13
	 Section 3.6
	 	 Borrower Loan Servicing
	  	13
	 ARTICLE IV    SUCCESSOR CORPORATION
	  	14
	 Section 4.1
	 	 When Company May Merge or Transfer Assets
	  	14
	 ARTICLE V    DEFAULTS AND REMEDIES
	  	15
	 Section 5.1
	 	 Events of Default
	  	15
	 Section 5.2
	 	 Acceleration
	  	16

  

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 TABLE OF CONTENTS 
 (continued) 
  

					
	 	  	 	  	 Page

	 Section 5.3
	  	 Other Remedies
	  	16
	 Section 5.4
	  	 Waiver of Past Defaults
	  	16
	 Section 5.5
	  	 Control by Majority
	  	17
	 Section 5.6
	  	 Limitation on Suits
	  	17
	 Section 5.7
	  	 Rights of Holders to Receive Payment
	  	17
	 Section 5.8
	  	 Collection Suit by Trustee
	  	18
	 Section 5.9
	  	 Trustee May File Proofs of Claim
	  	18
	 Section 5.10
	  	 Priorities
	  	18
	 Section 5.11
	  	 Undertaking for Costs
	  	19
	 Section 5.12
	  	 Waiver of Stay, Extension or Usury Laws
	  	19
	ARTICLE VI      TRUSTEE	  	19
	 Section 6.1
	  	 Duties of Trustee
	  	19
	 Section 6.2
	  	 Rights of Trustee
	  	20
	 Section 6.3
	  	 Individual Rights of Trustee, Etc
	  	22
	 Section 6.4
	  	 Trustee’s Disclaimer
	  	22
	 Section 6.5
	  	 Notice of Defaults
	  	22
	 Section 6.6
	  	 Reports by Trustee to Holders
	  	23
	 Section 6.7
	  	 Compensation and Indemnity
	  	23
	 Section 6.8
	  	 Replacement of Trustee
	  	23
	 Section 6.9
	  	 Successor Trustee by Merger
	  	25
	 Section 6.10
	  	 Eligibility; Disqualification
	  	25
	 Section 6.11
	  	 Preferential Collection of Claims against Company
	  	25
	ARTICLE VII    SATISFACTION AND DISCHARGE	  	25
	 Section 7.1
	  	 Discharge of Liability on Securities
	  	25
	 Section 7.2
	  	 Repayment to the Company
	  	26
	ARTICLE VIII    SUPPLEMENTAL INDENTURES	  	27
	 Section 8.1
	  	 Supplemental Indentures without Consent of Holders
	  	27
	 Section 8.2
	  	 Supplemental Indentures with Consent of Holders
	  	27
	 Section 8.3
	  	 Compliance with Trust Indenture Act
	  	28
	 Section 8.4
	  	 Revocation and Effect of Consents, Waivers and Actions
	  	28

  

 -ii- 

 TABLE OF CONTENTS 
 (continued) 
  

					
	 	 	 	  	 Page

	 Section 8.5
	 	 Notation on or Exchange for Securities
	  	29
	 Section 8.6
	 	 Trustee to Sign Supplemental Indentures
	  	29
	 Section 8.7
	 	 Effect of Supplemental Indentures
	  	29
	ARTICLE IX    MISCELLANEOUS	  	29
	 Section 9.1
	 	 Trust Indenture Act Controls
	  	29
	 Section 9.2
	 	 Notices
	  	30
	 Section 9.3
	 	 Communication by Holders with Other Holders
	  	31
	 Section 9.4
	 	 Certificate and Opinion as to Conditions Precedent
	  	31
	 Section 9.5
	 	 Form of Documents Delivered to Trustee
	  	31
	 Section 9.6
	 	 Statements Required in Certificate or Opinion
	  	31
	 Section 9.7
	 	 Separability Clause
	  	32
	 Section 9.8
	 	 Rules by Trustee, Paying Agent and Registrar
	  	32
	 Section 9.9
	 	 Legal Holidays
	  	32
	 Section 9.10
	 	 Governing Law and Jurisdiction; Waiver of Jury Trial
	  	32
	 Section 9.11
	 	 No Recourse against Others
	  	33
	 Section 9.12
	 	 Successors
	  	33
	 Section 9.13
	 	 Effect of Headings and Table of Contents
	  	33
	 Section 9.14
	 	 Benefits of Indenture
	  	33
	 Section 9.15
	 	 Multiple Originals
	  	33
	 Section 9.16
	 	 Force Majeure
	  	33

  

 -iii- 

 INDENTURE dated as of             ,
2009, by and between IOU Central Inc., a Delaware corporation (“Company”), and                     , a
                    incorporated and existing under the laws of the United States of America, as trustee (“Trustee”).

 RECITALS OF THE COMPANY 
 The
Company has duly authorized the execution and delivery of this Indenture to provide for the issuance from time to time of special limited obligations of the Company referred to as Borrower Payment Dependent Notes (herein called the
“Securities”) to be issued in series as in this Indenture provided. 
 For and in consideration of the premises and the
purchase of the Securities by the Holders thereof, it is mutually covenanted and agreed, for the equal and ratable benefit of the Holders of the Securities or each series thereof as follows: 
 ARTICLE I 
 DEFINITIONS AND INCORPORATION BY REFERENCE 
 Section 1.1 Definitions. 
 “ACH System” means the Automated Clearing House system of the U.S. Federal Reserve Board or a successor system providing electronic funds transfers between banks. 
 “Affiliate” of any specified person means any other person directly or indirectly controlling or controlled by or under direct or
indirect common control with such specified person. For the purposes of this definition, “Control” when used with respect to any specified person means the power to direct or cause the direction of the management and policies of such
person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms “Controlling” and “Controlled” have meanings correlative to the foregoing. 
 “Board of Directors” means the board of directors of the Company or any committee of such board authorized with respect to any matter to
exercise the powers of the Board of Directors of the Company. 
 “Board Resolution” means a copy of a resolution certified
by the Secretary or an Assistant Secretary of the Company to have been duly adopted by the Board of Directors and to be in full force and effect on the date of such certification, and delivered to the Trustee. 
 “Borrower” means a registered borrower on the Loan Marketplace. 
 “Borrower Loan” means a Registered Borrower Loan. 
 “Borrower Loan Net Payments,” with respect to a Borrower Loan, means all Borrower Loan Payments net of the applicable Servicing Fee and any amounts due to the Company on account of the portion of the
Borrower Loan, if any, funded by the Company. 
  

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 “Borrower Loan Payments,” with respect to a Borrower Loan, means all amounts received by
the Company, and not reversed through the ACH System or by virtue of checks returned unpaid due to insufficient funds or for other reasons, in connection with the repayment of such Borrower Loan, including, without limitation, all payments or
prepayments of principal and interest, any late fees and any amounts received by the Company upon collection efforts; provided, however, that Borrower Loan Payments shall not include any Non-sufficient Funds Fees or fees charged to the
Registered Borrower for making payments in a manner other than as provided in the Borrower Loan received by the Company in respect of such Borrower Loan, any amounts due to the Company on account of the portion of the Borrower Loan, if any, funded
by the Company in its capacity as a registered lender on the Loan Marketplace, or attorneys’ fees or any collection fees imposed in connection with collection efforts on a delinquent Borrower Loan by the Company or by a third-party collection
agency. 
 “Business Day” means, except as otherwise specified as contemplated by Section 2.2(c), with respect
to any Place of Payment or any other particular location referred to in this Indenture or in the Securities, each Monday, Tuesday, Wednesday, Thursday and Friday that is (i) not a day on which the ACH System is closed and (ii) not a day on
which banking institutions are authorized or obligated by law or executive order to close in New York, New York. 
 “Capital
Stock” for any corporation means any and all shares, interests, rights to purchase, warrants, options, participations or other equivalents of or interests in (however designated) stock issued by that corporation. 
 “Company” means the party named as the “Company” in the first paragraph of this Indenture until a successor replaces it
pursuant to the applicable provisions of this Indenture and, thereafter, shall mean such successor. 
 “Company Request” or
“Company Order” means a written request or order signed in the name of the Company (i) by its Chairman of the Board, a Vice Chairman, its Chief Executive Officer, its President or a Vice President, and (ii) by its
Treasurer, an Assistant Treasurer, its Secretary or an Assistant Secretary, and delivered to the Trustee or, with respect to Sections 2.1, 2.2(c), 2.3, and 6.2, any other employee of the Company named in an
Officers’ Certificate delivered to the Trustee. 
 “Default” means any event which is, or after notice or passage of
time or both would be, an Event of Default. 
 “Dollar” or “$” means a dollar or other equivalent unit in
such coin or currency of the United States as at the time shall be legal tender for the payment of public and private debts. 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended. 
 “Final Maturity” means
the date on which the Initial Maturity Date may be extended, as provided in any Security. 
 “Holder” or
“Securityholder,” when used with respect to any Security, means, the person in whose name a Security is registered on the Registrar’s books. 
  

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 “Indenture” means this Indenture, as amended or supplemented from time to time in
accordance with the terms hereof and shall include the terms of a particular series of Securities established as contemplated in Section 2.2(c). 
 “Initial Maturity Date” means the scheduled date on which the final installment of principal and interest is payable on any Security. 
 “Interest Payment Date,” when used with respect to any Security, means the Stated Maturity of an installment of interest on such
Security. 
 “Loan Marketplace” means the Company’s online loan marketplace on the Company’s website
www.ioucentral.com or any successor website. 
 “Maturity,” when used with respect to any Security, means the date on which
an installment of Principal thereof or interest thereon becomes due and payable as therein or herein provided, whether at the Stated Maturity, Initial Maturity or Final Maturity, by declaration of acceleration, or otherwise. 
 “Non-sufficient Funds Fees” means any fee imposed by the Company in respect of a Borrower Loan when the Company’s payment request
is denied for any reason, including, but not limited to, non-sufficient funds in the Registered Borrower’s bank account or the closing of such bank account. 
 “Officer” means the Chairman of the Board, any Vice Chairman, the Chief Executive Officer, the President, any Vice President, the Treasurer, the Secretary, any Assistant Treasurer or any Assistant
Secretary of the Company. 
 “Officers’ Certificate” means a written certificate containing the information specified
in Sections 9.4 and 9.6, signed in the name of the Company (i) by its Chairman of the Board, a Vice Chairman, its Chief Executive Officer, its President or a Vice President, and (ii) by its Treasurer, an Assistant
Treasurer, its Secretary or an Assistant Secretary, and delivered to the Trustee. 
 “Opinion of Counsel” means a written
opinion containing the information specified in Sections 9.4 and 9.6, from legal counsel who is acceptable to the Trustee. The counsel may be an employee of, or counsel to, the Company or the Trustee. 
 “Payment Date” means any Principal Payment Date or Interest Payment Date. 
 “Person” means any individual, corporation, partnership, joint venture, association, joint-stock company, limited liability company,
trust, unincorporated organization, or government or any agency or political subdivision thereof. 
 “Place of Payment,”
when used with respect to the Securities of any series, means the place or places where, subject to the provisions of Section 3.5, the Principal of, and any interest on, the Securities of that series are payable as specified as
contemplated by Section 2.2(c). 
 “Platform” means the Company’s online loan marketplace. 
  

 3 

 “Principal” or “Principal Amount” of a Security, except as otherwise
specifically provided in this Indenture, means the outstanding principal of the Security. 
 “Principal Payment Date,” when
used with respect to any Security, means the Stated Maturity of an installment of Principal on such Security. 
 “Record
Date” for the amounts payable on any Payment Date on the Securities of any series means the date specified for that purpose as contemplated by Section 2.2(c). 
 “Registered Borrower” means an individual registered borrower on the Loan Marketplace.
 “Registered Borrower Loan” means a loan to a Registered Borrower originated through the Loan Marketplace, but only to the extent such
Borrower Loan has been financed by the Company with the proceeds of the Securities.
 “SEC” means the Securities and
Exchange Commission. 
 “Securities” has the meaning stated in the first recital of this Indenture and, more particularly,
means any Securities authenticated and delivered under this Indenture. 
 “Securities Act” means the Securities Act of 1933,
as amended. 
 “Securityholder” or “Holder,” when used with respect to any Security, means a person in
whose name a Security is registered on the Registrar’s books. 
 “Servicing Fee” means, with respect to any Borrower
Loan, an annualized rate equal to 1.0% of the remaining principal balance of the Borrower Loan. 
 “Stated Maturity,” when
used with respect to any installment of Principal thereof or interest thereon, means the date specified in such Security as the fixed date on which an amount equal to such installment of Principal thereof or interest thereon is due and payable.

 “Subsidiary” means, with respect to any person, a corporation of which a majority of the Capital Stock having voting
power under ordinary circumstances to elect a majority of the board of directors of such corporation is owned by (i) such person, (ii) such person and one or more Subsidiaries or (iii) one or more Subsidiaries of such person.

 “TIA” means the Trust Indenture Act of 1939 as in effect on the date of this Indenture, except as provided in
Section 8.3. 
 “Trust Officer” means, when used with respect to the Trustee, any officer within the corporate
trust department of the Trustee, including any vice president, assistant vice president, trust officer or any other officer of the Trustee who customarily performs functions similar to those performed by the Persons who at the time shall be such
officers, respectively, or to whom any corporate trust matter is referred because of such person’s knowledge of and familiarity with the particular subject and who shall have direct responsibility for the administration of this Indenture.

  

 4 

 “Trustee” means the party named as the “Trustee” in the first paragraph of
this Indenture until a successor replaces it pursuant to the applicable provisions of this Indenture and, thereafter, shall mean such successor. 
 “United States” means the United States of America, its territories, its possessions (including the Commonwealth of Puerto Rico), and other areas subject to its jurisdiction. 
 Section 1.2 Other Definitions. 
  

			
	 Term
	  	Defined in Section
	 “Bankruptcy Law”
	  	5.1
	 “Custodian”
	  	5.1
	 “Defaulted Payment”
	  	  2.10
	 “Event of Default”
	  	5.1
	 “Legal Holiday”
	  	9.9
	 “Notice of Default”
	  	5.1
	 “Outstanding”
	  	2.8
	 “Paying Agent”
	  	2.4
	 “Registrar”
	  	2.4

 Section 1.3 Incorporation by Reference of Trust Indenture Act. Whenever this
Indenture refers to a provision of the TIA, the provision is incorporated by reference in and made a part of this Indenture. The following TIA terms used in this Indenture have the following meanings: 
 “Commission” means the SEC. 
 “Indenture Securities” means the Securities. 
 “Indenture Security Holder” means a Holder or
Securityholder. 
 “Indenture to be Qualified” means this Indenture. 
 “Indenture Trustee” or “Institutional Trustee” means the Trustee. 
 “Obligor” on the indenture securities means the Company. 
 All other TIA terms used in this Indenture that are defined by the TIA, defined by TIA reference to another statute or defined by SEC rule have the meanings assigned to them by such definitions. 
 Section 1.4 Rules of Construction. Unless the context otherwise requires: 
 (a) a term has the meaning assigned to it; 
  

 5 

 (b) an accounting term not otherwise defined has the meaning assigned to it in accordance with generally
accepted accounting principles in the United States as in effect from time to time; 
 (c) “or” is not exclusive; 
 (d) “including” means including, without limitation; and 
 (e) words in the singular include the plural, and words in the plural include the singular. 
 ARTICLE II

 THE SECURITIES 
 Section 2.1 Forms Generally. The Securities of each series and the certificate of authentication in respect thereof shall be in substantially the form set forth on Exhibit A as shall be established by delivery
to the Trustee of a Company Order, in each case with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Indenture, and may have such letters, numbers or other marks of identification and
such legends or endorsements placed thereon as may, consistently herewith, be determined by the Officers executing such Securities as evidenced by their execution of the Securities. The Securities shall be in fully registered form only and
shall be printed, lithographed, engraved, word processed or evidenced in electronic form or produced by any combination of these methods or may be produced in any other manner, all as determined by the Officers executing such Securities as evidenced
by their execution of such Securities. 
 Section 2.2 Title, Terms and Denominations. 
 (a) The aggregate Principal Amount of Securities that may be authenticated and delivered under this Indenture shall be unlimited. 
 (b) To the extent provided in, and except as otherwise permitted by, this Indenture, (i) the Securities shall be special limited obligations of the
Company, and (ii) no payments of Principal and interest on the Securities of any series shall be payable unless the Company has received Borrower Loan Payments in respect of the Borrower Loan corresponding to such series, and then shall be
payable equally and ratably on the Securities of such series only to the extent of the Borrower Loan Net Payments related to the Borrower Loan corresponding to such series. No Holder of a Security shall have any recourse against the Company
unless and then only to the extent that the Company (1) has failed to pay such Holder the Borrower Loan Net Payments in respect of the Borrower Loan corresponding to such Holder’s Security, or (2) has otherwise breached a covenant in
this Indenture. 
 (c) For each series of Securities there shall be established and, subject to Section 2.3, set forth, or
determined in the manner provided, in a Company Order: 
 (i) the title of the Securities of the series (which shall distinguish the
Securities of the series from all other Securities); 
  

 6 

 (ii) the limit upon the aggregate Principal Amount of the Securities of the series which may be
authenticated and delivered under this Indenture (except for Securities authenticated and delivered upon registration of transfer of Securities of the series pursuant to Sections 2.7 or 8.5); 
 (iii) the Borrower Loan that corresponds to Securities of the series; 
 (iv) the Stated Maturity and Payment Dates of the Securities of the series and the Record Date for any amounts payable on any Payment Date; 
 (v) the stated rate at which each Security of the series shall bear interest, which rate shall equal the rate the Holder bid and the Registered Borrower
accepted for the Borrower Loan; 
 (vi) the place or places where, subject to the provisions of Section 3.5, the Principal of,
and or interest on, Securities of the series shall be payable, any Securities of the series may be surrendered for registration of transfer and notices and demands to or upon the Company in respect of the Securities of the series and this Indenture
may be served; 
 (vii) any restrictions on the transfer or transferability of Securities of the series; 
 (viii) the obligation, if any, of the Company to redeem Securities of the series at the option of a Holder thereof, the conditions, if any, giving rise
to such obligation, and the period or periods within which, the price or prices at which and the terms and conditions upon which Securities of the series shall be purchased, in whole or in part; 
 (ix) the denominations in which any Securities of the series shall be issuable, if other than denominations of $25 and any integral multiple thereof;

 (x) any addition to or change in the Events of Default which apply to any Securities of the series and any change in the right of the
Trustee or the requisite Holders of such Securities to declare the principal amount thereof due and payable pursuant to Section 5.2; 
 (xi) any addition to or change in the covenants set forth in Article III which apply to Securities of the series; 
 (xii) any other terms of the series (which terms shall not be inconsistent with the provisions of this Indenture, except as permitted by Section 8.1(g)); and 
 (xiii) any endorsement reflecting the transfer of any Security upon resale of such Security. 
 All Securities of a series shall be substantially identical except as to denomination and except as may otherwise be provided in or pursuant to a Company
Order pursuant to this Section 2.2(c) or in any indenture supplemental hereto. 
  

 7 

 (d) Prior to the issuance of the initial series of Securities under this Indenture, a copy of the Board
Resolution authorizing the execution, delivery and performance of this Indenture shall be certified by the Secretary or an Assistant Secretary of the Company and delivered to the Trustee at or prior to the delivery of an Officers’ Certificate
setting forth the general terms of the Securities. Such Board Resolution and Officers’ Certificate shall provide general terms for Securities and provide either that the specific terms of each series shall be specified in a Company Order
or that such terms shall be determined by the Company, or one or more of the Company’s agents designated in an Officers’ Certificate, in accordance with the Company Order as contemplated by Section 2.3. 
 (e) Unless otherwise provided as contemplated by Section 2.2(c) with respect to any series of Securities, any Securities of a series
shall be issuable in denominations of $25 and any integral multiple thereof. 
 Section 2.3 Execution, Authentication, Delivery
and Dating. The Securities shall be executed on behalf of the Company by its Chairman of the Board, one of its Vice Chairmen, its Chief Executive Officer, President or one of its Vice Presidents, or the Treasurer or any Assistant
Treasurer. The signature of any of these officers on the Securities may be electronic, manual or facsimile. 
 Securities bearing the
electronic, manual or facsimile signatures of individuals who were at any time the proper officers of the Company shall bind the Company, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the
authentication and delivery of such Securities or did not hold such offices at the date of such Securities. 
 At any time and from time to
time after the execution and delivery of this Indenture (and subject to delivery of the Board Resolution and Officers’ Certificate as set forth in Section 2.2 prior to the issuance of the initial series of Securities), the Company
may authenticate and deliver Securities of any series and upon such authentication and delivery, shall promptly provide a record of all such Securities executed and authenticated by the Company to the Trustee, together with a copy of the Company
Order authorizing the authentication and delivery of such Securities; 
 In addition, prior to the issuance of the initial series of
Securities, the Trustee shall receive, and shall be fully protected in conclusively relying upon, an Opinion of Counsel stating: 
 (a) that
the forms of such Securities have been, and the terms of such Securities (when established in accordance with such procedures as may be specified from time to time in a Company Order, all as contemplated by and in accordance with a Board Resolution
pursuant to Section 2.2(d), as the case may be) will have been, duly authorized by the Company and established in conformity with the provisions of this Indenture; 
 (b) that such Securities, when (i) executed by the Company, (ii) completed, authenticated and delivered by the Company in accordance with this
Indenture, and (iii) issued by the Company in the manner and subject to any conditions specified in such Opinion of Counsel, will constitute valid and legally binding obligations of the Company, enforceable in accordance with their terms,
subject to customary exceptions; and 
  

 8 

 (c) that all laws and requirements in respect of the execution and delivery by the Company of such
Securities have been complied with. 
 The Trustee may conclusively rely, as to the authorization by the Company of any series of Securities,
the form and terms thereof and the legality, validity, binding effect and enforceability thereof, upon the Opinion of Counsel and other documents delivered pursuant to Sections 2.1, 2.2(c) and 2.2(d) and this
Section 2.3, as applicable, at or prior to the time of the first authentication of Securities of the initial series of Securities unless and until it has received written notification that such opinion or other documents have been
superseded or revoked. In connection with the authentication and delivery of Securities, the Trustee shall be entitled to assume, unless it has received written notice to the contrary or any of its Trust Officers has actual knowledge to the
contrary, that the Company’s authentication and delivery of such Securities do not violate any rules, regulations or orders of any governmental agency or commission having jurisdiction over the Company. 
 Each Security shall be dated the date of its authentication. 
 The Company may appoint an authenticating agent acceptable to the Trustee to authenticate Securities. Unless otherwise provided in the appointment, an authenticating agent may authenticate Securities whenever the
Company may do so. Each reference in this Indenture to authentication by the Company includes authentication by such agent. 
 No
Security shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Security a certificate of authentication substantially in the form provided for herein duly executed by the Company
by electronic or manual signature of an authorized signatory, and such certificate upon any Security shall be conclusive evidence, and the only evidence, that such Security has been duly authenticated and delivered hereunder. The Company’s
certificate of authentication shall be in substantially the following form: 
 This is one of the Securities of the series designated therein
referred to in the within-mentioned Indenture. 
  

			
	 IOU CENTRAL INC.,
 as Authenticating Agent

		
	By:	 	  

	Name:	 	
	Title:	 	

 Section 2.4 Registrar and Paying Agent. The Company shall maintain, with
respect to each series of Securities, an office or agency where such Securities may be presented for registration of transfer or for exchange (“Registrar”) and an office or agency where such Securities may be presented for purchase
or payment (“Paying Agent”). The Registrar shall keep a register of the Securities and of their transfer and exchange. The Company may have one or more co-registrars and one or more additional paying agents. The term
Paying Agent includes any additional paying agent. 
  

 9 

 The Company shall enter into an appropriate agency agreement with respect to each series of Securities
with any Registrar, Paying Agent or co-registrar. The agreement shall implement the provisions of this Indenture that relate to such agent. The Company shall notify the Trustee of the name and address of any such agent. The Company,
any Subsidiary or an Affiliate of either of them may act as Paying Agent, Registrar or co-registrar. 
 The Company initially will serve as
the Registrar and Paying Agent in connection with such Securities. 
 Section 2.5 Paying Agent to Hold Money and Securities in
Trust. Except as otherwise provided herein, prior to or on each due date of payments in respect of any series of Securities, the Company shall deposit with the Paying Agent with respect to such Securities a sum of money sufficient to make
such payments when so becoming due. The Company shall require each Paying Agent (other than the Trustee or the Company) to agree in writing that the Paying Agent shall hold in trust for the benefit of Holders or the Trustee all money held by
such Paying Agent for the making of payments in respect of the Securities of such series and shall notify the Trustee in writing of any default by the Company in making any such payment. At any time during the continuance of any such default, a
Paying Agent shall, upon the written request of the Trustee, forthwith pay to the Trustee all money so held in trust with respect to such Securities. If the Company, any Subsidiary or an Affiliate of either of them acts as Paying Agent for a
series of Securities, it shall segregate the money held by it as Paying Agent with respect to such Securities and hold it as a separate trust fund. The Company at any time may require a Paying Agent for a series of Securities to pay all money
held by it with respect to such Securities to the Trustee and to account for any money disbursed by it. Upon doing so, such Paying Agent shall have no further liability for the money. 
 Section 2.6 Securityholder Lists. The Trustee shall preserve in as current a form as is reasonably practicable the most recent list
available to it of the names and addresses of Holders of each series of Securities. The Company shall cause to be furnished to the Trustee at least monthly on the first business day of each month a listing of Holders of each series of
Securities dated within 15 days of the date on which the list is furnished and at such other times as the Trustee may request in writing a list in such form and as of such date as the Trustee may reasonably require of the names and addresses of
Securityholders of each series of Securities. 
 Section 2.7 Transfer. Subject to any limitations on transferability set
forth in a Security, upon surrender for registration of transfer of such Security at the office or agency of the Company designated pursuant to Section 3.5 for such purpose in a Place of Payment, the Company shall execute, authenticate
and deliver, in the name of the designated transferee or transferees, one or more new Securities of any authorized denomination or denominations of a like aggregate Principal Amount and tenor. The Company may (a) impose a reasonable
service fee for any registration of transfer or exchange, which service fee shall be described on the Company’s website www.ioucentral.com and may be changed or waived from time to time, and (b) require payment of a sum sufficient to pay
all taxes, assessments or other governmental charges that may be imposed in connection with the transfer of the Securities from the Securityholder requesting such transfer. 
  

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 All Securities issued upon any registration of transfer of Securities shall be the valid obligations of
the Company, evidencing the same debt, and entitled to the same benefits under this Indenture, as the Securities surrendered upon such registration of transfer. 
 Every Security presented or surrendered for registration of transfer shall be accompanied by a written instrument of transfer in form satisfactory to the Company and the Registrar duly executed by the Holder thereof
or his or her attorney by electronic or manual signature. 
 Section 2.8 Outstanding Securities; Determinations of Holders’
Action. Securities of any series “Outstanding” at any time are, as of the date of determination, all the Securities of such series theretofore authenticated by the Company for such series except for those cancelled by it,
those delivered to it for cancellation and those described in this Section 2.8 as not outstanding. A Security does not cease to be “Outstanding” because the Company or an Affiliate thereof is the Holder of the Security;
provided, however, that in determining whether the Holders of the requisite Principal Amount of Outstanding Securities have given or concurred in any request, demand, authorization, direction, notice, consent or waiver hereunder,
Securities owned by the Company or any Affiliate of the Company shall be disregarded and deemed not to be outstanding, except that, in determining whether the Trustee shall be protected in conclusively relying upon any such request, demand,
authorization, direction, notice, consent or waiver, only Securities which a Trust Officer of the Trustee actually knows to be so owned shall be so disregarded. Securities so owned which have been pledged in good faith may be regarded as
Outstanding if the pledgee establishes to the satisfaction of the Trustee the pledgee’s right so to act with respect to such Securities and that the pledgee is not the Company or any Affiliate of the Company. Subject to the foregoing, only
Securities outstanding at the time of such determination shall be considered in any such determination. 
 If the Paying Agent (other than
the Company) holds, in accordance with this Indenture, on the final Stated Maturity, money sufficient to pay Securities payable on that date in full, then on and after that date such Securities shall cease to be Outstanding. 
 Section 2.9 Cancellation. All Securities surrendered for payment, or registration of transfer, shall, if surrendered to any person
other than the Company, be delivered to the Company and all Securities so delivered shall be promptly cancelled by it. The Company may at any time cancel any Securities previously authenticated and delivered hereunder which the Company may have
acquired in any manner whatsoever and may cancel any Securities previously authenticated hereunder that the Company has not issued and sold. The Company may not reissue, or issue new Securities to replace, Securities it has cancelled.

 No Securities shall be authenticated in lieu of or in exchange for any Securities cancelled as provided in this Section, except as
expressly permitted in the form of Securities for any particular series or as permitted by this Indenture. 
 Section 2.10
Payments. Payment of Principal and interest on any Security which is payable, and is punctually paid or duly provided for, on any Payment Date shall be paid to the person in whose name that Security is registered at the close of business
on the Record Date for such Payment Date. 
  

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 Any payments on any Security of any series which is payable, but is not punctually paid or duly provided
for, on any Payment Date (herein called “Defaulted Payment”) shall forthwith cease to be payable to the Holder on the relevant Record Date, and such Defaulted Payment may be paid by the Company to the Holder of the Security on a
record date chosen by the Company and in any lawful manner, if, after notice given by the Company to the Trustee of the proposed payment pursuant to this paragraph, such manner of payment shall be deemed practicable by the Trustee. 
 Subject to the foregoing provisions of this Section 2.10 and Section 2.7, each Security delivered under this Indenture upon
registration of transfer of any other Security shall carry the rights to payments which were carried by such other Security. 
 Section 2.11 Persons Deemed Owners. Prior to due presentment of a Security for registration of transfer, the Company, the Trustee and any agent of the Company or the Trustee may treat the person in whose name such
Security is registered as the owner of such Security for the purpose of receiving payment of Principal of, and interest on, such Security and for all other purposes whatsoever, whether or not such Security be overdue, and neither the Company, the
Trustee nor any agent of the Company or the Trustee shall be affected by notice to the contrary. 
 Section 2.12 CUSIP
Numbers. The Company in issuing the Securities may use “CUSIP” numbers (if then generally in use), and, if so, the Trustee shall use “CUSIP” numbers in notices of redemption as a convenience to Holders; provided
that any such notice may state that no representation is made as to the correctness of such numbers either as printed on the Securities or as contained in any notice of a redemption and that reliance may be placed only on the other identification
numbers printed on the Securities, and any such redemption shall not be affected by any defect in or omission of such numbers. The Company will promptly notify the Trustee in writing of any change in the “CUSIP” numbers. 

ARTICLE III 
 COVENANTS

 Section 3.1 Payment of Securities. The Company shall promptly make all payments in respect of each series of
Securities in lawful money of the United States on the dates and in the manner provided in the Securities but solely from the sources provided pursuant to Section 2.2(b) and, to the extent not otherwise so provided, pursuant to this
Indenture. The Company shall have no liability or obligation with respect to the payment of the purchase price of any Securities except to the extent of the Borrower Loan Net Payments in respect of the Borrower Loan corresponding to such
series. At the Company’s option, payments of Principal or interest may be made by check or by transfer into an account administered by the Company “for the benefit of” the payee or to an account maintained by the Trustee.

 Section 3.2 SEC Reports. The Company shall file with the Trustee, within 15 days after it files such annual and
quarterly reports, information, documents and other reports with the SEC, copies of its annual report and of the information, documents and other reports (or copies of such portions of any of the foregoing as the SEC may by rules and
regulations prescribe) which the Company is required to file with the SEC pursuant to Section 13 or 15(d) of the Exchange Act. The Company also shall comply with the other provisions of TIA Section 314(a). 
  

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 Section 3.3 Compliance Certificate; Statement by Officers as to Default. The Company
shall deliver to the Trustee within 120 days after the end of each fiscal year (beginning with the fiscal year ending on December 31, 2009) an Officers’ Certificate, one of the signers of which shall be the principal executive
officer, principal financial officer or principal accounting officer of the Company, stating whether or not the signers know of any Default that occurred during such period. If they do, such Officers’ Certificate shall describe the Default
and its status. 
 The Company shall deliver to the Trustee, as soon as possible and in any event within five days after the Company becomes
aware of the occurrence of any Event of Default or an event which, with notice or the lapse of time or both, would constitute an Event of Default, an Officers’ Certificate setting forth the details of such Event of Default or default and the
action which the Company proposes to take with respect thereto. 
 Section 3.4 Further Instruments and Acts. Upon request
of the Trustee, the Company will execute and deliver such further instruments and do such further acts as may be reasonably necessary or proper to carry out more effectively the purposes of this Indenture. 
 Section 3.5 Maintenance of Office or Agency. The Company will maintain in each Place of Payment for such series an office or agency
where Securities of that series may be presented or surrendered for payment, where Securities of that series may be surrendered for registration of transfer or exchange and where notices and demands to or upon the Company in respect of the
Securities of that series and this Indenture may be served. The office of the Company at 1255 Roberts Boulevard, Suite 116, Kennesaw, Georgia 30188 shall be such office or agency for all of the aforesaid purposes unless the Company shall
maintain some other office or agency for such purposes and shall give prompt written notice to the Trustee of the location, and any change in the location, of such other office or agency. 
 The Company may also from time to time designate one or more other offices or agencies where the Securities of one or more series may be presented or
surrendered for any or all such purposes and may from time to time rescind such designations; provided, however, that no such designation or rescission shall in any manner relieve the Company of its obligation to maintain an office or
agency in accordance with the requirements set forth above for Securities of any series for such purposes. The Company will give prompt written notice to the Trustee of any such designation or rescission and of any change in the location of any
such other office or agency. 
 Section 3.6 Borrower Loan Servicing. 
 (a) With respect to each series of Securities, the Company shall use commercially reasonable
efforts to service and collect the Borrower Loan corresponding to such series, in good faith, accurately and in accordance with industry standards customary for servicing loans such as the Borrower Loans. Notwithstanding the generality of the
foregoing, (i) referral of a delinquent Borrower Loan to a collection agency on the 91st day of its delinquency shall be deemed to constitute
commercially reasonable servicing and collection 

  

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efforts, and (ii) the Company shall have the right, at any time and from time to time, to amend or waive any term of such Borrower Loan, or in the case
of a Borrower Loan that is more than 120 days delinquent, to cancel such Borrower Loan without the consent of any Holder of any Securities of the series corresponding to such Borrower Loan. 
 (b) With respect to each series of Securities, the Company shall use commercially reasonable efforts to maintain backup servicing arrangements providing
for the Borrower Loan corresponding to such series to be serviced and collected in good faith, accurately and in accordance with industry standards customary for servicing loans such as the Borrower Loans. 
 ARTICLE IV 
 SUCCESSOR CORPORATION

 Section 4.1 When Company May Merge or Transfer Assets. The Company shall not consolidate with or merge with or into
any other person or convey, transfer or lease its properties and assets substantially as an entirety to any person, unless: 
 (a) either
(i) the Company shall be the continuing corporation or (ii) the person (if other than the Company) formed by such consolidation or into which the Company is merged or the person which acquires by conveyance, transfer or lease the
properties and assets of the Company substantially as an entirety (1) shall be a corporation, limited liability company, partnership or trust organized and validly existing under the laws of the United States or any state thereof or the
District of Columbia, and (2) shall expressly assume, by an indenture supplemental hereto, executed and delivered to the Trustee, in form satisfactory to the Trustee, all of the obligations of the Company under the Securities and this
Indenture; 
 (b) immediately after giving effect to such transaction, no Default shall have occurred and be continuing; and 
 (c) the Company shall have delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that such consolidation,
merger, conveyance, transfer or lease and, if a supplemental indenture is required in connection with such transaction, such supplemental indenture, comply with this Article IV and that all conditions precedent herein provided for
relating to such transaction have been satisfied. 
 The successor person formed by such consolidation or into which the Company is merged or
the successor person to which such conveyance, transfer or lease is made shall succeed to, and be substituted for, and may exercise every right and power of the Company under this Indenture with the same effect as if such successor had been named as
the Company herein; and thereafter, except in the case of a lease of its properties and assets substantially as an entirety, the Company shall be discharged from all obligations and covenants under this Indenture, and the Securities. 
  

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 ARTICLE V 
 DEFAULTS AND REMEDIES 
 Section 5.1 Events of Default. Unless otherwise specified
as contemplated by Section 2.2(c) with respect to any series of securities, an “Event of Default” occurs, with respect to each series of the Securities individually, if: 
 (a) the Company defaults, subject in each case, to the limitations set forth in Sections 2.2(b) and 3.1 and in the Securities in the
payment of any Principal of, or interest on, any Security of such series when the same becomes due and payable and continuance of such default for a period of 30 days; 
 (b) the Company fails to comply with any of its agreements in the Securities or this Indenture (other than those referred to in clause
(a) above and other than a covenant or warranty a default in whose performance or whose breach is elsewhere in this Section 5.1 specifically dealt with or which has been expressly included in this Indenture solely for the
benefit of a series of Securities other than such series) and such failure continues for 90 days after receipt by the Company of a Notice of Default; provided, however, that if the Company shall proceed to take curative action
which, if begun and prosecuted with due diligence, cannot be completed within a period of 90 days, then such period shall be increased to such extent as shall be necessary to enable the Company diligently to complete such curative action;

 (c) there shall have been the entry by a court of competent jurisdiction of (i) a decree or order for relief in respect of the
Company in an involuntary case or proceeding under any applicable Bankruptcy Law or (ii) a decree or order adjudging the Company bankrupt or insolvent, or seeking reorganization, arrangement, adjustment or composition of or in respect of the
Company under any applicable federal or state law, or appointing a custodian, receiver, liquidator, assignee, trustee, sequestrator (or other similar official) of the Company or of any substantial part of its property, or ordering the wind up or
liquidation of its affairs, and any such decree or order for relief shall continue to be in effect, or any such other decree or order shall be unstayed and in effect, for a period of 60 consecutive days; 
 (d)(i) the Company commences a voluntary case or proceeding under any applicable Bankruptcy Law or any other case or proceeding to be adjudicated
bankrupt or insolvent, (ii) the Company consents to the entry of a decree or order for relief in respect of the Company in an involuntary case or proceeding under any applicable Bankruptcy Law or to the commencement of any bankruptcy or
insolvency case or proceeding against it, (iii) the Company files a petition or answer or consent seeking reorganization or substantially comparable relief under any applicable federal state law, (iv) the Company (1) consents to the
filing of such petition or the appointment of, or taking possession by, a custodian, receiver, liquidator, assignee, trustee, sequestrator or similar official of the Company or of any substantial part of its property, (2) makes an assignment
for the benefit of creditors, or (3) admits in writing its inability to pay its debts generally as they become due, or (v) the Company takes any corporate action in furtherance of any such actions in this clause (d); or 

 

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 (e) any other Event of Default provided with respect to Securities of that series. 
 “Bankruptcy Law” means Title 11, United States Code, or any similar federal or state law for the relief of
debtors. “Custodian” means any receiver, trustee, assignee, liquidator, custodian or similar official under any Bankruptcy Law. 
 A Default under clause (b) above is not an Event of Default until the Trustee notifies the Company, or the Holders of at least 25% in aggregate Principal Amount of the Outstanding Securities of all series
for which such Default exists notify the Company and the Trustee, of the Default and the Company does not cure such Default within the time specified in clause (b) above after receipt of such notice. Any such notice must specify the
Default, demand that it be remedied and state that such notice is a “Notice of Default.” 
 Section 5.2
Acceleration. If an Event of Default specified in Sections 5.1(c) or (d) occurs and is continuing, the Principal (or portion thereof) of all the Securities shall become and be immediately due and payable
without any declaration or other act on the part of the Trustee or any Securityholders, notwithstanding the second sentence of Section 3.1 hereof and without regard to whether there are or will be Borrower Loan Net Payments in respect of
the Borrower Loans corresponding to the Securities. The Holders of a majority in aggregate Principal Amount of all Outstanding Securities, by notice to the Trustee (and without notice to any other Securityholder) may rescind an acceleration and
its consequences if (a) the rescission would not conflict with any judgment or decree, and (b) all Events of Default specified in Sections 5.1(c) or (d) have been cured or waived. No such rescission shall
affect any subsequent Default or impair any right consequent thereto. For the avoidance of doubt, there shall be no acceleration of the Principal (or portion thereof) of any Securities upon the occurrence of an Event of Default other than an
Event of Default specified in Sections 5.1(c) or (d). 
 Section 5.3 Other Remedies. If an Event
of Default with respect to a series of Outstanding Securities occurs and is continuing, the Trustee may pursue any available remedy to (a) collect the payment of the whole amount then due and payable on such Securities for Principal and
interest, with interest upon the overdue Principal and, to the extent that payment of such interest shall be legally enforceable, upon overdue installments of interest from the date such interest was due, at the rate or rates prescribed therefor in
such Securities and, in addition thereto, such further amount as shall be sufficient to cover the costs and expenses of collection, including amounts due the Trustee under Section 6.7, or (b) enforce the performance of any provision
of the Securities or this Indenture. 
 The Trustee may maintain a proceeding even if the Trustee does not possess any of the Securities or
does not produce any of the Securities in the proceeding. A delay or omission by the Trustee or any Securityholder in exercising any right or remedy accruing upon an Event of Default shall not impair the right or remedy or constitute a waiver
of, or acquiescence in, the Event of Default. No remedy is exclusive of any other remedy. All available remedies are cumulative. 
 Section 5.4 Waiver of Past Defaults. The Holders of a majority in aggregate Principal Amount of the Outstanding Securities of any series, by notice to the Trustee (and 

  

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without notice to any other Securityholder), may on behalf of the Holders of all the Securities of such series waive an existing Default with respect to such
series and its consequences except (a) an Event of Default described in Section 5.1(a) with respect to such series, or (b) a Default in respect of a provision that under Section 8.2 cannot be amended without
the consent of the Holder of each Outstanding Security of such series affected. When a Default is waived, it is deemed cured, but no such waiver shall extend to any subsequent or other Default or impair any consequent right. 
 Section 5.5 Control by Majority. The Holders of a majority in aggregate Principal Amount of the Outstanding Securities may direct the
time, method and place of conducting any proceeding for any remedy available to the Trustee or of exercising any trust or power conferred on the Trustee with respect to the Securities. However, the Trustee may refuse to follow any direction
that conflicts with law or this Indenture or that the Trustee determines in good faith is unduly prejudicial to the rights of other Securityholders or would involve the Trustee in personal liability. 
 Section 5.6 Limitation on Suits. A Holder of any Security of any series may not pursue any remedy with respect to this Indenture or
the Securities unless: 
 (a) the Holder gives to the Trustee written notice stating that an Event of Default with respect to the Securities
of that series has occurred and is continuing; 
 (b) the Holders of at least 25% in aggregate Principal Amount of the Outstanding Securities
of that series make a written request to the Trustee to pursue the remedy; 
 (c) such Holder or Holders offer to the Trustee security or
indemnity satisfactory to it against any loss, liability or expense satisfactory to the Trustee; 
 (d) the Trustee does not comply with the
request within 60 days after receipt of the notice, the request and the offer of security or indemnity; and 
 (e) the Holders of a
majority in aggregate Principal Amount of the Outstanding Securities of that series do not give the Trustee a direction inconsistent with such request during such 60-day period. 
 A Securityholder may not use this Indenture to prejudice the rights of any other Securityholder or to obtain a preference or priority over any other
Securityholder (it being understood that the Trustee does not have an affirmative duty to ascertain whether or not such actions or forbearances are unduly prejudicial to such Holders). 
 Section 5.7 Rights of Holders to Receive Payment. Notwithstanding any other provision of this Indenture, the right, which is absolute
and unconditional, of any Holder of any Security to receive payment of the Principal of, and (subject to Section 2.10) interest on, such Security on the Stated Maturity or Maturities expressed in such Security held by such Holder, on or
after the respective due dates expressed in the Securities, or to bring suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected adversely without the consent of each such Holder. 

 

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 Section 5.8 Collection Suit by Trustee. If an Event of Default described in
Section 5.1(a) with respect to Securities of any series occurs and is continuing, the Trustee may recover judgment in its own name and as trustee of an express trust against the Company for the whole amount owing with respect to
such series of Securities and the amounts provided for in Section 6.7. 
 Section 5.9 Trustee May File Proofs of
Claim. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to the Company or any other obligor upon the Securities or
the property of the Company or of such other obligor or their creditors, the Trustee (irrespective of whether the Principal of the Securities shall then be due and payable as therein expressed or by declaration or otherwise and irrespective of
whether the Trustee shall have made any demand on the Company for the payment of overdue Principal or interest) shall be entitled and empowered, by intervention in such proceeding or otherwise: 
 (a) to file and prove a claim for the whole amount of Principal and interest owing and unpaid in respect of the Securities and to file such other papers
or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel and any other amount due the
Trustee under Section 6.7) and of the Holders of Securities allowed in such judicial proceeding; 
 (b) to terminate the
Company’s rights to service the Borrower Loans and require the substitution of a backup servicer in place of the Company; and 
 (c) to
collect and receive any moneys or other property payable or deliverable on any such claims and to distribute the same; and any custodian, receiver, assignee, trustee, liquidator, sequestrator or similar official in any such judicial proceeding is
hereby authorized by each Holder of Securities to make such payments to the Trustee and, in the event that the Trustee shall consent to the making of such payments directly to the Holders of Securities, to pay the Trustee any amount due it for the
reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 6.7. 
 Nothing herein contained shall be deemed to authorize the Trustee or the holders of Securities to authorize or consent to or accept or adopt on behalf of any Holder of a Security any plan of reorganization,
arrangement, adjustment or composition affecting the Securities or the rights of any Holder thereof, or to authorize the Trustee to vote in respect of the claim of any Holder of a Security in any such proceeding. 
 Section 5.10 Priorities. If the Trustee collects any money pursuant to this Article V, it shall pay out the money in the
following order and, in case of the distribution of such money on account of Principal or interest, upon presentation of the Securities, or both, as the case may be, and the notation thereon of the payment if only partially paid and upon surrender
thereof if fully paid: 
 FIRST: to the Trustee for amounts due under Section 6.7; 
  

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 SECOND: to Securityholders for amounts due and unpaid for the Principal and interest on the Securities in
respect of which, or for the benefit of which, such money has been collected, ratably, without preference or priority of any kind, according to the amounts due and payable on such Securities for Principal and interest, respectively; and 

THIRD: the balance, if any, to the Company. 
 The Trustee may fix a record date and payment date for any payment to Securityholders pursuant to this Section 5.10. At least 15 days before such record date, the Company shall mail or electronically transmit to each
Securityholder and the Trustee a notice that states the record date, the payment date and amount to be paid. 
 Section 5.11
Undertaking for Costs. In any suit for the enforcement of any right or remedy under this Indenture or in any suit against the Trustee for any action taken or omitted by it as Trustee, a court in its discretion may require the filing by
any party litigant (other than the Trustee) in the suit of an undertaking to pay the costs of the suit, and the court in its discretion may assess reasonable costs, including reasonable attorneys’ fees and expenses, against any party litigant
in the suit, having due regard to the merits and good faith of the claims or defenses made by the party litigant. This Section 5.11 does not apply to a suit by the Trustee, a suit by a Holder pursuant to Section 5.7 or a
suit by Holders of more than 10% in aggregate Principal Amount of the Outstanding Securities of any series, or to any suit instituted by any Holder of any Security or coupon for the enforcement of the payment of the Principal of, or interest on, any
Security or the payment of any coupon on or after the Stated Maturity or Maturities expressed in such Security. 
 Section 5.12
Waiver of Stay, Extension or Usury Laws. The Company covenants (to the extent that it may lawfully do so) that it will not at any time insist upon, or plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay
or extension law or any usury or other law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture; and the Company (to the extent that it may lawfully do so) hereby expressly
waives all benefit or advantage of any such law, and covenants that it will not hinder, delay or impede the execution of any power herein granted to the Trustee, but will suffer and permit the execution of every such power as though no such law had
been enacted. 
 ARTICLE VI 
 TRUSTEE 
 Section 6.1 Duties of Trustee. 
 (a) If an Event of Default has occurred and is continuing, the Trustee shall exercise the rights and powers vested in it by this Indenture and use the
same degree of care and skill in its exercise as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs. 
 (b) Except during the continuance of an Event of Default with respect to Securities of any series: 
 (i)
the Trustee need perform only those duties that are specifically set forth in this Indenture and no implied covenants or obligations shall be read into this Indenture against the Trustee; and 
  

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 (ii) in the absence of bad faith on its part, the Trustee may conclusively rely, as to the truth of the
statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture. However, in the case of any such certificates or opinions which by
any provision hereof are specifically required to be furnished to the Trustee, the Trustee shall be under a duty to examine the same to determine whether or not they conform to the requirements of this Indenture (but need not confirm or investigate
the accuracy of mathematical calculations or other facts stated therein). 
 (c) The Trustee may not be relieved from liability for its own
negligent action, its own negligent failure to act or its own willful misconduct, except that: 
 (i) this paragraph (c) does
not limit the effect of paragraph (b) of this Section 6.1; 
 (ii) the Trustee shall not be liable for any error of
judgment made in good faith by a Trust Officer unless it is proved that the Trustee was negligent in ascertaining the pertinent facts; and 
 (iii) the Trustee shall not be liable with respect to any action it takes or omits to take in good faith in accordance with a direction received by it pursuant to Section 5.5 or exercising any trust or power conferred upon the
Trustee under this Indenture. 
 (d) Every provision of this Indenture that in any way relates to the Trustee is subject to paragraphs
(a), (b), (c) and (e) of this Section 6.1. 
 (e) The Trustee may refuse to perform any duty
or exercise any right or power or extend or risk its own funds or otherwise incur any financial liability unless it receives indemnity satisfactory to it against any loss, liability or expense. 
 (f) Money held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by law. The Trustee shall not
be liable for any interest on any money received by it except as the Trustee may otherwise agree in writing with the Company. 
 Section 6.2 Rights of Trustee. 
 (a) The Trustee may conclusively rely on any document believed by it to
be genuine and to have been signed or presented by the proper person. The Trustee need not investigate any fact or matter stated in the document. 
 (b) Before the Trustee acts or refrains from acting, it may require an Officers’ Certificate or an Opinion of Counsel. The Trustee shall not be liable for any action it takes or omits to take in good faith
in reliance on such Officers’ Certificate or Opinion of Counsel. 
  

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 (c) The Trustee shall not be liable for any action it takes or omits to take in good faith which it
believes to be authorized or within its rights or powers. 
 (d) The Trustee may conclusively rely and shall be protected in acting or
refraining from acting upon any resolution, Officers’ Certificate, Opinion of Counsel (or both), Company Order or any other certificate, statement, instrument, opinion, report, notice, request, consent, order, bond, debenture, note, coupon,
security or other paper believed to be genuine and to have been signed or presented by the proper party or parties. 
 (e) Any request,
direction, order or demand of the Company mentioned herein shall be sufficiently evidenced by an Officers’ Certificate (unless other evidence in respect thereof be herein specifically prescribed); and any resolution of the Board of Directors
may be evidenced to the Trustee by a copy thereof certified by the secretary or an assistant secretary of the Company. 
 (f) The Trustee may
consult with counsel of its selection and any advice or Opinion of Counsel shall be full and complete authorization and protection in respect of any action taken, suffered or omitted to be taken by it hereunder in good faith and in reliance thereon
in accordance with such advice or Opinion of Counsel. 
 (g) The Trustee shall be under no obligation to exercise any of the trusts or powers
vested in it by this Indenture at the request, order or direction of any of the Securityholders pursuant to the provisions of this Indenture, unless such Securityholders shall have offered to the Trustee security or indemnity satisfactory to it
against the costs, expenses and liabilities which might be incurred therein or thereby. 
 (h) Prior to the occurrence of an Event of Default
hereunder and after the curing or waiving of all Events of Default, the Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request,
consent, order, approval, appraisal, bond, debenture, note, security or other paper or document unless requested in writing to do so by the Holders of not less than a majority in the aggregate principal amount of the Securities of such series then
Outstanding; provided that, if the payment within a reasonable time to the Trustee of the costs, expenses or liabilities likely to be incurred by it in the making of any such investigation is, in the opinion of the Trustee, not reasonably
assured to the Trustee by the security afforded to it by the terms of this Indenture, the Trustee may require indemnity satisfactory to it against such expense or liabilities as a condition to proceeding. The reasonable expense of every such
investigation shall be paid by the Company or, if paid by the Trustee or any predecessor trustee, shall be repaid by the Company upon demand. 
 (i) The Trustee may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or through agents or attorneys not regularly in its employ and the Trustee shall not be responsible for any misconduct
or negligence on the part of any such agent or attorney appointed with due care by it hereunder. 
  

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 (j) The Trustee shall not be liable for any action taken, suffered, or omitted to be taken by it in good
faith and reasonably believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Indenture. 
 (k)
In no event shall the Trustee be responsible or liable for special, indirect, punitive or consequential loss or damage of any kind whatsoever (including, but not limited to, loss of profit) irrespective of whether the Trustee has been advised of the
likelihood of such loss or damage and regardless of the form of action. 
 (l) The Trustee shall not be deemed to have notice of any Default
or Event of Default unless a Trust Officer of the Trustee has actual knowledge thereof or unless written notice of any event which is in fact such a default is received by the Trustee at the designated corporate trust office of the Trustee, and such
notice references the Securities and this Indenture. 
 (m) The rights, privileges, protections, immunities and benefits given to the
Trustee, including, without limitation, its right to be indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder, and each agent, custodian and other Person employed to act hereunder. 
 (n) The Trustee shall not be required to give any bond or surety in respect of the performance of its powers and duties hereunder. 
 (o) The Trustee may request that the Company deliver a certificate setting forth the names of individuals and/or titles of officers authorized at such
time to take specified actions pursuant to this Indenture. 
 Section 6.3 Individual Rights of Trustee, Etc. The Trustee
in its individual or any other capacity may become the owner or pledgee of Securities and may otherwise deal with the Company or its Affiliates with the same rights it would have if it were not Trustee. Any Paying Agent, Authenticating Agent,
Registrar or co-registrar or any other agent of the Company may do the same with like rights. However, the Trustee must comply with Sections 6.10 and 6.11. 
 Section 6.4 Trustee’s Disclaimer. The recitals contained herein and in the Securities shall be taken as the statements of the
Company, and the Trustee assumes no responsibility for the correctness of the same. The Trustee makes no representation as to the validity or adequacy of this Indenture or the Securities. The Trustee shall not be accountable for the
Company’s use of the proceeds from the Securities and, shall not be responsible for any statement in the registration statement for the Securities under the Securities Act or in the Indenture or the Securities or for the determination as to
which beneficial owners are entitled to receive any notices hereunder. 
 Section 6.5 Notice of Defaults. If a Default
with respect to the Securities of any series occurs and is continuing and if it is known to the Trustee, the Trustee shall give to each Holder of Securities of such series notice of such Default in the manner set forth in TIA
Section 315(b) within 90 days after it occurs. Except in the case of a Default described in Section 5.1(a) with respect to any Security of such series or a Default in the payment of any sinking fund installment
with respect to any Security of such series, the Trustee may withhold the notice if and so long as a committee of its Trust Officers in good faith determines that withholding the notice is in the interests of the Holders of Securities of such
series. 
  

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 Section 6.6 Reports by Trustee to Holders. If required by Section 313(a) of
the TIA, within 60 days after each May 15 beginning with the May 15 following the date of this Indenture, the Trustee shall mail or transmit electronically to each Holder of Securities a brief report dated as of such May 15 that
complies with TIA Section 313(a). The Trustee also shall comply with TIA Section 313(b) and (c). 
 A copy of each report
at the time of its mailing or transmission to Holders of Securities shall be filed with the SEC. 
 Section 6.7 Compensation and
Indemnity. The Company agrees: 
 (a) to pay to the Trustee from time to time such compensation as shall be agreed in writing between
the Company and the Trustee for all services rendered by it hereunder (which compensation shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust); 
 (b) to reimburse the Trustee upon its request for all reasonable expenses, disbursements and advances incurred or made by the Trustee in accordance with
any provision of this Indenture (including the reasonable compensation and the expenses, advances and disbursements of its agents and counsel), except any such expense, disbursement or advance as may be attributable to its negligence or willful
misconduct; and 
 (c) to indemnify the Trustee for, and to hold it harmless against, any and all loss, liability, damage, claim or expense
incurred without negligence or willful misconduct on its part, arising out of or in connection with the acceptance or administration of this trust, including the costs and expenses of defending itself against any claim (whether asserted by the
Company, a Holder or any other Person) or liability in connection with the exercise or performance of any of its powers or duties hereunder. 
 To secure the Company’s payment obligations in this Section 6.7, the Trustee shall have a lien prior to the Securities on all money or property held or collected by the Trustee, except that held in trust to pay the
Principal of, or interest, if any, on particular Securities. 
 The Company’s obligations pursuant to this Section 6.7 shall
survive the discharge or other termination of this Indenture or the resignation or removal of the Trustee. When the Trustee incurs expenses after the occurrence of a Default specified in Sections 5.1(c) or (d), the
expenses are intended to constitute expenses of administration under any Bankruptcy Law. 
 Section 6.8 Replacement of
Trustee. The Trustee may resign by so notifying the Company; provided, however, that no such resignation shall be effective until a successor Trustee has accepted its appointment pursuant to this
Section 6.8. The Holders of a majority in aggregate Principal Amount of the Outstanding Securities at the time outstanding may remove the Trustee with respect to the Securities by so notifying the Trustee and may appoint a successor
Trustee, which successor Trustee shall, in the absence of an Event of Default, be reasonably acceptable to the Company. The Company shall remove the Trustee if: 
 (a) the Trustee fails to comply with Section 6.10; 
  

 23 

 (b) the Trustee is adjudged bankrupt or insolvent; 
 (c) a receiver or public officer takes charge of the Trustee or its property; or 
 (d) the Trustee otherwise becomes incapable of acting. 
 If the Trustee resigns or is removed or if a vacancy exists in the office of Trustee for any reason, with respect to the Securities of one or more series, the Company shall promptly appoint, by resolution of its Board
of Directors, a successor Trustee with respect to the Securities of that or those series (it being understood that any such successor Trustee may be appointed with respect to the Securities of one or more or all of such series and that at any time
there shall be only one Trustee with respect to the Securities of any series). 
 In the case of the appointment hereunder of a successor
Trustee with respect to all Securities, every such successor Trustee shall deliver a written acceptance of its appointment to the retiring Trustee and to the Company. Thereupon, the resignation or removal of the retiring Trustee shall become
effective and the successor Trustee shall have all the rights, powers and duties of the Trustee under this Indenture. The successor Trustee shall mail or electronically transmit a notice of its succession to Holders of Securities of the
particular series with respect to which such successor Trustee has been appointed. The retiring Trustee shall promptly transfer all property held by it as Trustee to the successor Trustee, subject to the lien provided for in
Section 6.7. 
 In case of the appointment hereunder of a successor Trustee with respect to the Securities of one or more (but
not all) series, the Company, the retiring Trustee and each successor Trustee with respect to the Securities of one or more series shall execute and deliver an indenture supplemental hereto wherein each successor Trustee shall accept such
appointment and which (i) shall contain such provisions as shall be necessary or desirable to transfer and confirm to, and to vest in, each successor Trustee all the rights, powers, trusts and duties of the retiring Trustee with respect to the
Securities of that or those series to which the appointment of such successor Trustee relates, (ii) if the retiring Trustee is not retiring with respect to all Securities, shall contain such provisions as shall be deemed necessary or desirable
to confirm that all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series as to which the retiring Trustee is not retiring shall continue to be vested in the retiring Trustee, and
(iii) shall add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee, it being understood that nothing herein or in such
supplemental indenture shall constitute such Trustees as co-Trustees of the same trust and that each such Trustee shall be trustee of a trust or trusts hereunder separate and apart from any trust or trusts hereunder administered by any other such
Trustee; and upon the execution and delivery of such supplemental indenture the resignation or removal of the retiring Trustee shall become effective to the extent provided therein and each such successor Trustee, without any further act, deed or
conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor Trustee relates; but, on request of the Company
or any successor Trustee, such retiring 

  

 24 

 
Trustee shall duly assign, transfer and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder with respect to the
Securities of that or those series to which the appointment of such successor Trustee relates, subject, nevertheless, to its lien, if any, provided for in Section 6.7. 
 If a successor Trustee with respect to the Securities of any series does not take office within 30 days after the retiring Trustee resigns or is
removed, the retiring Trustee, the Company or the Holders of a majority in aggregate Principal Amount of the Outstanding Securities of such series at the time outstanding may petition, at the expense of the Company, any court of competent
jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series. 
 If the Trustee fails to comply with
Section 6.10, any Holder of a Security of such series may petition any court of competent jurisdiction for the removal of such Trustee and the appointment of a successor Trustee. 
 Section 6.9 Successor Trustee by Merger. If the Trustee consolidates with, merges or converts into, or transfers all or substantially
all its corporate trust business or assets to, another corporation, the resulting, surviving or transferee corporation without any further act shall be the successor Trustee. 
 Section 6.10 Eligibility; Disqualification. The Trustee shall at all times satisfy the requirements of TIA
Section 310(a)(1) and 310(a)(5). The Trustee shall have a combined capital and surplus of at least $50,000,000 as set forth in its most recent published annual report of condition. The Trustee shall comply with TIA
Section 310(b), including the optional provision permitted by the second sentence of TIA Section 310(b)(9). In determining whether the Trustee has conflicting interests as defined in TIA Section 310(b)(1), the provisions
contained in the proviso to TIA Section 310(b)(1) shall be deemed incorporated herein. 
 Section 6.11 Preferential
Collection of Claims against Company. The Trustee shall comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A Trustee who has resigned or been removed shall be subject to TIA
Section 311(a) to the extent indicated therein. 
 ARTICLE VII 
 SATISFACTION AND DISCHARGE 
 Section 7.1 Discharge of Liability on
Securities. This Indenture shall upon Company Request cease to be of further effect as to all Outstanding Securities or all Outstanding Securities of any series, as the case may be (except as to any surviving rights of registration of
transfer of Securities herein expressly provided for), and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture, when: 
 (a) either: 
 (i) all Outstanding Securities
or all Outstanding Securities of any series, as the case may be, theretofore authenticated and delivered, (other than Securities or Securities of such series, as the case may be, for whose payment money has theretofore been deposited in trust or
segregated and held in trust by the Company and thereafter repaid to the Company or discharged from such trust, as provided in Section 7.2) have been delivered to the Company or the Trustee for cancellation; or 
  

 25 

 (ii) all such Securities not theretofore delivered to the Company or the Trustee for cancellation,

 (1) have become due and payable, or 
 (2) will become due and payable at their Stated Maturity within one year; 
 and the Company, in the case of clauses
(1) or (2) above, has deposited or caused to be deposited with the Trustee as trust funds in trust for the purpose, an amount sufficient to pay and discharge the entire indebtedness on such Securities not theretofore delivered
to the Trustee or the Company for cancellation, for principal and any interest to the date of such deposit (in the case of Securities which have become due and payable) or to the Stated Maturity, as the case may be; 
 (b) the Company has paid or caused to be paid all other sums payable hereunder by the Company; and 
 (c) the Company has delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that all conditions precedent herein
provided for relating to the satisfaction and discharge of this Indenture have been complied with. 
 The Trustee shall join in the execution
of a document prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers’ Certificate and Opinion of Counsel and at the cost and expense of the Company. 
 Notwithstanding the satisfaction and discharge of this Indenture with respect to the Securities of any series, the obligations of the Company to the
Trustee with respect to the Securities of that series under Section 6.7, the obligations of the Company to any Authenticating Agent and, if money shall have been deposited with the Trustee pursuant to clause (b) of this
Section 7.1, Section 7.2 shall survive. The Company shall pay and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the principal and interest received in respect thereof other
than any such tax, fee or other charge which by law is for the account of the Holders of Outstanding Securities. 
 Section 7.2
Repayment to the Company. The Trustee and the Paying Agent shall return to the Company on Company Request any money held by them for the payment of any amount with respect to the Securities that remains unclaimed for two years. After
return to the Company, Holders entitled to the money must look to the Company for payment as general creditors with limited recourse as described herein and in the Securities unless an applicable abandoned property law designates another person.

  

 26 

 ARTICLE VIII 
 SUPPLEMENTAL INDENTURES 
 Section 8.1 Supplemental Indentures without Consent of
Holders. Without the consent of any Holders of Securities, the Company and the Trustee, at any time and from time to time, may enter into one or more indentures supplemental hereto, in form satisfactory to the Trustee, for any of the
following purposes: 
 (a) to evidence the succession of another corporation to the Company and the assumption by any such successor of the
covenants of the Company herein and in the Securities; 
 (b) to add to the covenants, agreements and obligations of the Company for the
benefit of the Holders of all of the Securities or any series thereof, or to surrender any right or power herein conferred upon the Company; 
 (c) to establish the form or terms of Securities of any series as permitted by Sections 2.1 and 2.2(c), respectively; 
 (d) to evidence and provide for the acceptance of appointment hereunder by a successor Trustee with respect to the Securities of one or more series and to add to or change any of the provisions of this Indenture as shall be necessary to
provide for or facilitate the administration of the trusts hereunder by more than one Trustee, pursuant to the requirements of Section 6.8; 
 (e) to cure any ambiguity, defect or inconsistency; 
 (f) to amend restrictions on transferability of any
Securities on any series in any manner that does not adversely affect the rights of any Securityholder in any material respect; 
 (g) to add
to, change or eliminate any of the provisions of this Indenture (which addition, change or elimination may apply to one or more series of Securities); provided that any such addition, change or elimination shall neither (i) apply to any
Security of any series created prior to the execution of such supplemental indenture and entitled to the benefit of such provision nor (ii) modify the rights of the Holder of any such Security with respect to such provision; 
 (h) to secure the Securities; or 
 (i) to
make any other change that does not adversely affect the rights of any Securityholder in any material respect. 
 Section 8.2
Supplemental Indentures with Consent of Holders. With the written consent of the Holders of at least a majority in aggregate Principal Amount of the Outstanding Securities of each series affected by such supplemental indenture, the
Company and the Trustee may amend this Indenture or the Securities of any series or may enter into an indenture or indentures supplemental hereto for the purpose of adding any provisions to or changing in any 

  

 27 

 
manner or eliminating any of the provisions of this Indenture or of modifying in any manner the rights of the Holders of the Securities of such series and
under this Indenture; provided, however, that no such amendment or supplemental indenture shall, without the consent of the Holder of each Outstanding Security affected thereby: 
 (a) change the Stated Maturity of the Principal of, or any installment of Principal or interest on, any such Security, or reduce the Principal Amount
thereof or the rate of interest thereon that would be due and payable upon a declaration of acceleration of maturity thereof pursuant to Section 5.2, or change the Place of Payment where, or change the coin or currency in which, any
installment of principal of, or interest on, any such Security is payable, or impair the right to institute suit for the enforcement of any such payment on or after the Stated Maturity thereof; 
 (b) reduce the percentage in Principal Amount of the Outstanding Securities of any series, the consent of whose Holders is required for any such
amendment or supplemental indenture, or the consent of whose Holders is required for any waiver (of compliance with certain provisions of this Indenture or certain defaults hereunder and their consequences) with respect to the Securities of such
series provided for in this Indenture; or 
 (c) modify any of the provisions of this Section 8.2, Section 5.4
(clauses (a) and (b)) or Section 5.7, except to increase the percentage of Outstanding Securities of such series required for such actions to provide that certain other provisions of this Indenture cannot be modified
or waived without the consent of the Holder of each Outstanding Security affected thereby. 
 A supplemental indenture which changes or
eliminates any covenant or other provision of this Indenture which has expressly been included solely for the benefit of one or more particular series of Securities, or which modifies the rights of the Holders of Securities of such series with
respect to such covenant or other provision, shall be deemed not to affect the rights under this Indenture of the Holders of Securities of any other series. 
 It shall not be necessary for the consent of the Holders under this Section 8.2 to approve the particular form of any proposed amendment or supplemental indenture, but it shall be sufficient if such
consent approves the substance thereof. 
 After an amendment or supplemental indenture under this Section 8.2 becomes effective,
the Company shall mail or electronically transmit to each Holder of the particular Securities affected thereby a notice briefly describing the amendment. 
 Section 8.3 Compliance with Trust Indenture Act. Every supplemental indenture executed pursuant to this Article shall comply with the TIA as then in effect. 
 Section 8.4 Revocation and Effect of Consents, Waivers and Actions. Until an amendment or waiver with respect to a series of
Securities becomes effective, a consent to it or any other action by a Holder of a Security of that series hereunder is a continuing consent by the Holder and every subsequent Holder of that Security or portion of that Security that evidences the
same obligation as the consenting Holder’s Security, even if notation of the consent, waiver or action is not made on the Security. However, any such Holder or subsequent Holder may 

  

 28 

 
revoke the consent, waiver or action as to such Holder’s Security or portion of the Security if the Trustee receives the notice of revocation before the
Company or an agent of the Company certifies to the Trustee that the consent of the requisite aggregate Principal Amount of the Securities of that series has been obtained. After an amendment, waiver or action becomes effective, it shall bind
every Holder of Securities of that series. 
 The Company may, but shall not be obligated to, fix a record date for the purpose of
determining the Holders entitled to consent to any amendment or waiver with respect to a series of Securities. If a record date is fixed, then notwithstanding the first two sentences of the immediately preceding paragraph, those persons who
were Holders of Securities of that series at such record date (or their duly designated proxies), and only those persons, shall be entitled to revoke any consent previously given, whether or not such persons continue to be Holders after such record
date. No such consent shall be valid or effective for more than 90 days after such record date. 
 Section 8.5 Notation
on or Exchange for Securities. Securities of any series authenticated and delivered after the execution of any supplemental indenture with respect to such series pursuant to this Article VIII may, and shall if required by the
Trustee, bear a notation in form approved by the Trustee as to any matter provided for in such supplemental indenture. If the Company shall so determine, new Securities of such series so modified as to conform, in the opinion of the Trustee and
the Board of Directors, to any such supplemental indenture may be prepared ,executed, authenticated and delivered by the Company in exchange for outstanding Securities of that series. 
 Section 8.6 Trustee to Sign Supplemental Indentures. The Trustee shall sign any supplemental indenture authorized pursuant to this
Article VIII if the amendment does not adversely affect the rights, duties, liabilities or immunities of the Trustee. If it does, the Trustee may, but need not, sign it. In signing such amendment, the Trustee shall receive, and
shall be fully protected in conclusively relying upon, an Officers’ Certificate and an Opinion of Counsel stating that such amendment is authorized or permitted by this Indenture. 
 Section 8.7 Effect of Supplemental Indentures. Upon the execution of any supplemental indenture under this Article, this Indenture
shall be modified in accordance therewith, and such supplemental indenture shall form a part of this Indenture for all purposes; and every Holder of Securities theretofore or thereafter authenticated and delivered hereunder shall be bound thereby,
except to the extent otherwise set forth thereon. 
 ARTICLE IX 
 MISCELLANEOUS 
 Section 9.1 Trust Indenture Act Controls. If
any provision of this Indenture limits, qualifies or conflicts with another provision hereof which is required to be included in this Indenture by the TIA, the required provision shall control. 
  

 29 

 Section 9.2 Notices. Any notice or communication shall be in writing and delivered in
person, mailed by first-class mail, postage prepaid or transmitted electronically to any Holder at the registered address maintained in the Company’s records; provided that any notice or communication by and among the Trustee and the
Company may be made by telecopy and shall be effective upon receipt thereof and shall be confirmed in writing, mailed by first-class mail, postage prepaid, and addressed as follows: 
 if to the Company: 
 IOU Central Inc.

 1255 Roberts Boulevard, Suite 116 
 Kennesaw, GA 30188 
 Attention: Robert Gloer, President 
 Email: rgloer@ioucentral.com 
 if to the
Trustee: 
 [NAME] 
 [ADDRESS]

 Attention:
                                        

 Email:
                                         
    
 The Company or the Trustee by notice to the other may designate additional or different addresses for subsequent
notices or communications. 
 Any notice or communication given to a Holder of Securities shall be transmitted electronically to or mailed to
such Securityholder at the Securityholder’s address as it appears on the registration books of the Registrar and shall be sufficiently given if so mailed within the time prescribed. 
 Where this Indenture provides for notice in any manner, such notice may be waived in writing by the person entitled to receive such notice, either before
or after the event, and such waiver shall be the equivalent of such notice. Waivers of notice by Holders shall be filed with the Trustee, but such filing shall not be a condition precedent to the validity of any action taken in reliance upon
such waiver. 
 Failure to electronically transmit or mail a notice or communication to a Securityholder or any defect in it shall not affect
its sufficiency with respect to other Holders of Securities of the same series. If a notice or communication is electronically transmitted or mailed in the manner provided above, it is duly given, whether or not received by the addressee.

 If the Company electronically transmits or mails a notice or communication to the Holders of Securities of a particular series, it shall
electronically transmit or mail a copy to the Trustee and each Registrar, co-registrar or Paying Agent, as the case may be, with respect to such series. 
 In case by reason of the suspension of regular mail service or by reason of any other cause it shall be impracticable to give notice to Holders of Securities as set forth above, then such notification as shall be made
with the acceptance of the Trustee shall constitute a sufficient notification for every purpose hereunder. In any case where notice to Holders of Securities is 

  

 30 

 
given by mail, neither the failure to mail such notice, nor any defect in any notice so mailed, to any particular Holder of a Security shall affect the
sufficiency of such notice with respect to other Holders of Securities. 
 Section 9.3 Communication by Holders with Other
Holders. Securityholders may communicate pursuant to TIA Section 312(b) with other Securityholders with respect to their rights under this Indenture or the Securities. The Company and the Trustee, the Registrar or the Paying
Agent with respect to a particular series of Securities, and anyone else, shall have the protection of TIA Section 312(c). 
 Section 9.4 Certificate and Opinion as to Conditions Precedent. Upon any request or application by the Company to the Trustee to take any action under this Indenture, the Company shall furnish to the Trustee: 

(a) an Officers’ Certificate stating that, in the opinion of the signers, all conditions precedent, if any, provided for in this Indenture
relating to the proposed action have been complied with; and 
 (b) an Opinion of Counsel stating that, in the opinion of such counsel, all
such conditions precedent have been complied with. 
 Section 9.5 Form of Documents Delivered to Trustee. In any case
where several matters are required to be certified by, or covered by an opinion of, any specified Person, it is not necessary that all such matters be certified by, or covered by the opinion of, only one such Person, or that they be so certified or
covered by only one document, but one such Person may certify or give an opinion with respect to some matters and one or more other such Persons as to other matters, and any such Person may certify or give an opinion as to such matters in one or
several documents. 
 Any certificate or opinion of an officer of the Company may be based, insofar as it relates to legal matters, upon a
certificate or opinion of, or representations by, counsel, unless such officer knows, or in the exercise of reasonable care should know, that the certificate or opinion or representations with respect to the matters upon which his or her certificate
or opinion is based are erroneous. Any such Opinion of Counsel may be based, insofar as it relates to factual matters, upon a certificate or opinion of, or representations by, an officer or officers of the Company stating that the information
with respect to such factual matters is in the possession of the Company, unless such counsel knows, or in the exercise of reasonable care should know, that the certificate or opinion or representations with respect to such matters are erroneous.

 Section 9.6 Statements Required in Certificate or Opinion. Each Officers’ Certificate or Opinion of Counsel with
respect to compliance with a covenant or condition provided for in this Indenture shall include: 
 (a) a statement that each person making
such Officers’ Certificate or Opinion of Counsel has read such covenant or condition; 
  

 31 

 (b) a brief statement as to the nature and scope of the examination or investigation upon which the
statements or opinions contained in such Officers’ Certificate or Opinion of Counsel are based; 
 (c) a statement that, in the opinion
of each such person, he or she has made such examination or investigation as is necessary to enable such person to express an informed opinion as to whether or not such covenant or condition has been complied with; and 
 (d) a statement that, in the opinion of such person, such covenant or condition has been complied with. 
 Section 9.7 Separability Clause. In case any provision in this Indenture or in the Securities shall be invalid, illegal or
unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 
 Section 9.8 Rules by Trustee, Paying Agent and Registrar. With respect to the Securities of a particular series, the Trustee with respect to such series of Securities may make reasonable rules for action by or a
meeting of Holders of such series of Securities. With respect to the Securities of a particular series, the Registrar and the Paying Agent with respect to such series of Securities may make reasonable rules for their functions. 

Section 9.9 Legal Holidays. A “Legal Holiday” is any day other than a Business Day. If any specified date
(including an Interest Payment Date or Stated Maturity of any Security, or a date for giving notice) is a Legal Holiday at any Place of Payment or place for giving notice, then (notwithstanding any other provision of this Indenture or of the
Securities other than a provision in the Securities of any series which specifically states that such provision shall apply in lieu of this Section) payment of Principal or interest need not be made at such Place of Payment, or such other action
need not be taken, on such date, but the action shall be taken on the next succeeding day that is not a Legal Holiday at such Place of Payment with the same force and effect as if made on the Interest Payment Date, or at the Stated Maturity or such
other date. 
 Section 9.10 Governing Law and Jurisdiction; Waiver of Jury Trial. THIS INDENTURE AND THE SECURITIES SHALL
BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, AS APPLIED TO CONTRACTS MADE AND PERFORMED WITHIN THE STATE OF NEW YORK, WITHOUT REGARD TO ANY PRINCIPLE OF CONFLICTS OF LAW THAT WOULD REQUIRE OR PERMIT THE
APPLICATION OF THE LAWS OF ANY OTHER JURISDICTION. THE COMPANY, THE TRUSTEE, AND EACH HOLDER OF A SECURITY (BY ACCEPTANCE THEREOF) THEREBY, (A) SUBMITS TO THE EXCLUSIVE JURISDICTION OF THE FEDERAL AND NEW YORK STATE COURTS LOCATED IN THE
BOROUGH OF MANHATTAN IN THE CITY OF NEW YORK IN CONNECTION WITH ANY SUIT, ACTION OR PROCEEDING RELATED TO THIS INDENTURE, (B) IRREVOCABLY WAIVES ANY DEFENSE OF LACK OF PERSONAL JURISDICTION IN SUCH SUITS AND (C) IRREVOCABLY WAIVES TO THE
FULLEST EXTENT IT MAY EFFECTIVELY DO SO UNDER APPLICABLE LAW, ANY OBJECTION WHICH IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY 

  

 32 

 
SUIT, ACTION OR PROCEEDING BROUGHT IN THE FEDERAL AND NEW YORK STATE COURTS LOCATED IN THE BOROUGH OF MANHATTAN IN THE CITY OF NEW YORK AND THAT SUCH SUIT,
ACTION OR PROCEEDING HAS BEEN BROUGHT IN AN INCONVENIENT FORUM. 
 EACH OF THE COMPANY AND THE TRUSTEE HEREBY IRREVOCABLY WAIVES, TO THE
FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE, THE NOTES OR THE TRANSACTION CONTEMPLATED HEREBY. 
 Section 9.11 No Recourse against Others. A director, officer, employee or stockholder, as such, of the Company shall not have any
liability for any obligations of the Company under the Securities or this Indenture or for any claim based on, in respect of or by reason of such obligations or their creation. By accepting a Security, each Holder of such Security shall waive
and release all such liability. The waiver and release shall be part of the consideration for the issue of the Securities. 
 Section 9.12 Successors. All agreements of the Company in this Indenture and the Securities shall bind its successor. All agreements of the Trustee in this Indenture shall bind its successor. 
 Section 9.13 Effect of Headings and Table of Contents. The Article and Section headings herein and the Table of Contents are
for convenience only and shall not affect the construction hereof. 
 Section 9.14 Benefits of Indenture. Nothing in this
Indenture or in the Securities, express or implied, shall give to any person, other than the parties hereto and their successors hereunder and the Holders of Securities, any benefits or any legal or equitable right, remedy or claim under this
Indenture. 
 Section 9.15 Multiple Originals. The parties may sign any number of copies of this Indenture. Each
signed copy shall be an original, but all of them together represent the same agreement. One signed copy is enough to prove this Indenture. 
 Section 9.16 Force Majeure. In no event shall the Trustee be responsible or liable for any failure or delay in the performance of its obligations hereunder arising out of or caused by, directly or indirectly, forces
beyond its control, including, without limitation, strikes, work stoppages, accidents, acts of war or terrorism, civil or military disturbances, nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities,
communications or computer (software and hardware) services; it being understood that the Trustee shall use reasonable efforts which are consistent with accepted practices in the banking industry to resume performance as soon as practicable under
the circumstances. 
 [SIGNATURE PAGE FOLLOWS] 
  

 33 

 IN WITNESS WHEREOF, the parties hereto have caused this Indenture to be duly executed and
delivered by their respective officers thereunto duly authorized as of the date first written above. 
  

									
		 		 		 	IOU CENTRAL INC.
					
		 		 		 	By:	 	  

		 		 		 	Name:	 	
		 		 		 	Title:	 	
					
	Attest:	 		 		 		 	
					
	Name:	 		 		 		 	
	Title:	 		 		 		 	
				
		 		 		 	  

		 		 		 	as Trustee
					
		 		 		 	By:	 	  

		 		 		 	Name:	 	
		 		 		 	Title:	 	
					
	Attest:	 		 		 		 	
					
	Name:	 		 		 		 	
	Title:	 		 		 		 	

  

 34 

 EXHIBIT A 
 Form of Security 
 FOR PURPOSES OF SECTIONS 1272, 1273 AND 1275 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED,
THIS NOTE IS BEING ISSUED WITH ORIGINAL ISSUE DISCOUNT BECAUSE PAYMENTS ON THE NOTE ARE DEPENDENT FOR PAYMENT ON PAYMENTS THE COMPANY RECEIVES ON THE CORRESPONDING REGISTERED BORROWER LOAN. THE ISSUE PRICE OF THE NOTE IS THE STATED PRINCIPAL AMOUNT
OF THIS NOTE, AND THE ISSUE DATE IS THE ORIGINAL ISSUE DATE. UPON REQUEST, THE COMPANY WILL PROMPTLY MAKE AVAILABLE TO THE HOLDER THE AMOUNT OF OID AND YIELD TO MATURITY OF THIS NOTE. A HOLDER SHOULD CONTACT IOU CENTRAL MEMBER SUPPORT AT
                                         
        OR customersupport@ioucentral.com. 
 ANY TRANSFER, PLEDGE OR OTHER USE OF THIS NOTE FOR VALUE OR OTHERWISE BY
OR TO ANY PERSON IS WRONGFUL unless (1) such transfer is effected on a trading system that is recognized by the Company, and (2) this Note has been presented by the registered Holder (as defined below) to the Company or its agent for
registration of transfer. 
 BORROWER PAYMENT DEPENDENT NOTE SERIES NO.
             (1) 
 IOU CENTRAL INC. 
  

			
	No.                     	  	[CUSIP                      ]

 HOLDER:
                     (2) 
 CORRESPONDING
REGISTERED BORROWER LOAN:              (3) 
 STATED PRINCIPAL AMOUNT OF THIS NOTE: U.S.
$         (4) 
 AGGREGATE PRINCIPAL AMOUNT OF THIS SERIES OF NOTES: U.S.
$         (5) 
 INTEREST RATE:          (6) 
 SERVICING FEE: 1% OF OUTSTANDING PRINCIPAL AMOUNT OF CORRESPONDING REGISTERED BORROWER LOAN. 
 ORIGINAL ISSUE DATE:                      (7) 
 INITIAL MATURITY DATE:                      (8) 
 FINAL MATURITY DATE:                      (9) 
 EXTENSION OF MATURITY DATE: Each Note will mature on the Initial Maturity Date, unless the maturity of the Note is extended to the Final Maturity Date subject to conditions described below. In certain limited
cases, the Company may elect to extend the Final Maturity Date beyond 120 days as described below. 
  

 A-1 

 PAYMENT DATES: Subject to the limitations on payment described below, the Company will make payments of principal and
interest on or before the fourth Business Day following receipt of any Borrower Loan Net Payments by the Company in accordance with the payment schedule for this Note, which is available on the Holder’s “My IOU” page at
www.ioucentral.com, subject to prepayment at any time without penalty. 
  
  

	(1)	Insert loan ID number for Corresponding Registered Borrower Loan. 

	(2)	Insert registered lender’s screen name. 

	(3)	Insert description of Corresponding Registered Borrower Loan. 

	(4)	Insert principal amount of registered lender’s portion of Corresponding Registered Borrower Loan. 

	(5)	Insert maximum aggregate principal amount of series of Notes, which should be aggregate principal amount of Corresponding Registered Borrower Loan that is being funded by all
registered lenders. 

	(6)	Insert interest rate bid by registered lender and accepted by registered borrower for Corresponding Registered Borrower Loan. 

	(7)	Insert date corresponding to date of closing of Corresponding Registered Borrower Loan. 

	(8)	Insert date corresponding to stated maturity of Corresponding Registered Borrower Loan. 

	(9)	Insert date that is 120 days following the stated maturity of Corresponding Registered Borrower Loan. 

 IOU Central Inc., a corporation duly organized and existing under the laws of the State of Delaware (herein called the “Company”), for
value received, hereby promises to pay to the person identified as the “Holder” above (the “Holder”), principal and interest on this Note in U.S. dollars in an amount equal to the Holder’s equal and ratable share of
the Borrower Loan Net Payments on each Payment Date (in accordance with the payment schedule for this Note, which is available on the Holder’s “My IOU” page at www.ioucentral.com and subject to prepayment) until the Initial
Maturity Date or, if the maturity of the Note has been extended, until the Final Maturity Date. For the avoidance of doubt, (1) no payments of principal and interest on this Note shall be payable unless the Company has received Borrower
Loan Payments, and then only to the extent of Borrower Loan Net Payments in respect of those Borrower Loan Payments related to the Corresponding Registered Borrower Loan identified above that have been received by the Company, and (2) no Holder
of the Note shall have any recourse against the Company unless, and then only to the extent that, the Company has failed to pay such Holder the Borrower Loan Net Payments or otherwise breached a covenant in the Indenture described below that is
applicable to the series of Notes of which this Note forms a part. Subject to certain exceptions provided in the Indenture referred to below, the principal and interest payable on any Payment Date will be paid to the person in whose name this
Note is registered at the close of business on the Record Date next preceding such Payment Date or maturity date. 
 “Record
Date” shall mean the second Business Day immediately preceding each Interest Payment Date. 
  

 A-2 

 “Business Day” shall mean each Monday, Tuesday, Wednesday, Thursday and Friday that is
not a day on which the Automated Clearing House system operated by the U.S. Federal Reserve Bank (the “ACH System”) is closed and (2) not a day on which banking institutions are authorized or obligated by law or executive order
to close in New York, New York. 
 If, on the Initial Maturity Date, any principal or interest payments in respect of the Corresponding
Registered Borrower Loan remain due and payable to the Company, the maturity date of this Note will be extended to the Final Maturity Date identified above. In certain limited cases, the Company may elect to extend the Final Maturity Date beyond 120
days if the Company believes there is a reasonable likelihood of receiving Borrower Loan Payments in respect of the Corresponding Registered Borrower Loan during such extension period. If extended, the Final Maturity Date will be adjusted to the end
of such extension period. Any election to extend the Final Maturity Date will be made in the Company’s sole discretion. 
 If, on the
Initial Maturity Date, no principal or interest payments in respect of the Corresponding Registered Borrower Loan remain due and payable to the Company, the Note will mature on the Initial Maturity Date and no Borrower Loan Net Payments that the
Company receives in respect of the Corresponding Registered Borrower Loan after such Initial Maturity Date shall be required to be paid to the Holder of the Note. 
 All payments of principal and interest on this Note due to the Holder hereof shall be made in U.S. dollars, in immediately available funds, by intra-institution book entry transfer to the Holder’s designated
funding account in the trust account maintained by the Company at Wells Fargo Bank, N.A., or such alternate account of the Holder designated by the Trustee in accordance with the Indenture. 
 All U.S. dollar amounts used in or resulting from the calculation of amounts due in respect of this Note shall be rounded to the nearest cent (with
one-half cent being rounded upward). 
 This Note is one of a duly authorized series of special limited obligations of the Company
(hereinafter called the “Securities”) all issued or to be issued under and pursuant to an Indenture dated as of             , 2009 (hereinafter called the
“Indenture”), duly executed and delivered by the Company and
                            , as trustee (hereinafter called the “Trustee”), to which
Indenture and all indentures supplemental thereto reference is hereby made for a description of the rights, duties and immunities thereunder of the Trustee and the rights thereunder of the holders of the Securities. The terms of the Securities
include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (the “TIA”), as in effect on the date of the Indenture. The Securities are subject to, and qualified by,
all such terms, certain of which are summarized hereon, and Holders are referred to the Indenture and the TIA for a statement of such terms. As provided in the Indenture, the Securities may be issued in one or more separate series, which
different series may be issued in various aggregate principal amounts, mature at different times, bear interest at different rates, be subject to different covenants and events of default, and otherwise vary as provided or permitted in the
Indenture. 
  

 A-3 

 If an Event of Default described in Sections 5.1(c) or (d) of the Indenture
occurs and is continuing, the unpaid stated principal amount hereof will become and be immediately due and payable in the manner, with the effect and subject to the conditions provided in the Indenture. 
 The Indenture contains provisions permitting the Company and the Trustee, with the consent of the holders of not less than a majority in aggregate
principal amount of each series of Securities affected thereby, at the time Outstanding (as defined in the Indenture), evidenced as provided in the Indenture, to execute supplemental indentures adding any provisions to or changing in any manner or
eliminating any of the provisions of the Indenture or of any indenture supplemental thereto or modifying in any manner the rights of the holders of this Note; provided, however, that no such supplemental indenture shall (1) change
the Stated Maturity of the principal of, or any installment of principal or interest on, any Security, or reduce the principal amount thereof or the rate of interest thereon that would be due and payable upon a declaration of acceleration of
maturity thereof or change the place of payment where, or change the coin or currency in which, any installment of principal and interest on any such Security is payable or impair the right to institute suit for the enforcement of any such payment
on or after the Stated Maturity thereof, (2) reduce the percentage in principal amount of the Outstanding Securities, the consent of whose Holders is required for any such amendment or supplemental indenture, or the consent of whose Holders is
required for any waiver (of compliance with certain provisions of the Indenture or certain defaults thereunder and their consequences) with respect to the Securities, or (3) modify any of the provisions of Section 8.2,
Section 5.4 (clauses (a) and (b)) or Section 5.7 of the Indenture, except to increase the percentage of Outstanding Securities required for such actions to provide that certain other provisions of the
Indenture cannot be modified or waived without the consent of the Holder of each Outstanding Security affected thereby. The Indenture also contains provisions permitting the holders of a majority in aggregate principal amount of the Securities
of all affected series at the time Outstanding, on behalf of the holders of all the Securities of such series, to waive, insofar as those series are concerned, compliance by the Company with certain provisions of the Indenture and certain past
defaults under the Indenture and their consequences. Any such consent by the Holder of this Note (unless revoked as provided in the Indenture) shall be conclusive and binding upon such Holder and upon all future holders and owners of this Note
and any Notes which may be issued upon the registration of transfer hereof or, irrespective of whether or not any notation thereof is made upon this Note or other such Notes. 
 This Note is not entitled to any sinking fund. This Note is not redeemable at the option of the Holder. The Company shall redeem all of the
Outstanding Notes of the series of which this Note forms a part for the remaining unpaid principal balance of such Note if the Corresponding Registered Borrower Loan has been obtained as a result of verifiable identity theft on the part of the
purported borrower member. The Company may, in its reasonable discretion, require proof of the identity theft, such as a copy of a police report filed by the person whose identity was wrongfully used to obtain the fraudulently-induced Corresponding
Registered Borrower Loan, an identity theft affidavit or a bank verification letter (or all of the above) in order to determine that verifiable identity theft has occurred. The Company shall not be required to repurchase a Note until such Note is at
least 120 days past-due; provided, however, that the Company may in its sole discretion elect to repurchase a Note at an earlier time. 
  

 A-4 

 The Notes are in registered form without coupons in denominations of $25 and integral multiples of $25 in
excess thereof. The Notes may not be transferred and the transfer of Notes shall not be registered as provided in the Indenture unless such transfer is effected on a trading system that is recognized by the Company. Upon due presentment
for registration of transfer of this Note at the office or agency of the Company in Kennesaw, Georgia, a new Note or Notes in authorized denominations in Dollars for an equal aggregate principal amount and like interest rate and maturity will be
issued to the transferee in exchange therefor, subject to the limitations provided in the Indenture, without charge except for (1) any stamp tax or other governmental charge imposed in connection therewith, and (2) any transfer charges
associated with the Company’s resale platform, if any, as described on its website at www.ioucentral.com. 
 The Company, the Trustee,
and any paying agent may deem and treat the registered Holder hereof as the absolute owner of this Note at the Holder’s address as it appears on the register books of the Company as kept by the Company or duly authorized agent of the Company
(whether or not this Note shall be overdue), for the purpose of receiving payment of or on account hereof and for all other purposes, and neither the Company nor the Trustee nor any paying agent shall be affected by any notice to the
contrary. All payments made to or upon the order of such registered Holder shall, to the extent of the sum or sums paid, effectively satisfy and discharge liability for moneys payable on this Note. 
 No recourse under or upon any obligation, covenant or agreement contained in the Indenture or any indenture supplemental thereto or in any Note, or
because of any indebtedness evidenced thereby, shall be had against any incorporator, or against any past, present or future shareholder, officer or director, as such, of the Company, either directly or through the Company, under any rule of
law, statute or constitutional provision or by the enforcement of any assessment or penalty or otherwise, all such personal liability of every such incorporator, shareholder, officer and director, as such, being expressly waived and released by the
acceptance hereof and as a condition of and as part of the consideration for the issuance of this Note. 
 Unless otherwise defined herein,
terms used herein which are defined in the Indenture shall have the respective meanings assigned thereto in the Indenture. To the extent that provisions contained in this Note are inconsistent with the provisions set forth in the Indenture, the
provisions contained herein will apply. 
 This Note shall be governed by and construed in accordance with the laws of the State of New York
without regard to any principle of conflict of laws that would require or permit the application of the laws of any other jurisdiction. 
 This Note shall not be valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been signed by an authorized officer of the Company or its duly authorized agent under the Indenture referred to
above. 
 [SIGNATURE PAGE FOLLOWS] 
  

 A-5 

 IN WITNESS WHEREOF, IOU Central Inc. has caused this instrument to be signed by its duly
authorized officers. 
 Dated:
                     
  

			
	IOU CENTRAL INC.
		
	By:	 	  

	Name:	 	
	Title:	 	

  

 A-6 

 CERTIFICATE OF AUTHENTICATION 
 Dated:                      
 This is one of the Securities of the series of Securities designated therein referred to in the within-mentioned Indenture. 
  

			
	 IOU CENTRAL INC.,
 as Authenticating Agent

		
	By:	 	  

	Name:	 	
	Title:	 	

  

 A-7Form of Registered Borrower Loan Agreement.

 Exhibit 10.1 
 REGISTERED BORROWER LOAN AGREEMENT 
 This Registered Borrower Loan Agreement (this “Agreement”) is made and entered into between
you and IOU Central Inc. (“IOU Central,” “we” or “us”). “You” as used in this Agreement refers to you as a registered borrower. 
 This Agreement governs the registered borrower loan you will obtain through our Internet-based loan marketplace (the “loan marketplace”) if you choose to accept bids on your posting, either manually or using
the Auto-Fund feature of the loan marketplace. As described in the Borrower Registration Agreement, your registered borrower loan will be funded by us with the proceeds of Borrower Payment Dependent Notes (the “Notes”) purchased by
registered lenders that are designated to fund your corresponding registered borrower loan. You should read this Agreement carefully and print a copy for your records. 
 By signing electronically below, you agree to (i) comply with the terms and provisions of this Agreement, (ii) borrow and repay your registered borrower loan, (iii) transact business with us
electronically, and (iv) have any dispute with us resolved by binding arbitration. 
 1. Registered Borrower Loan Terms.
Your registered borrower loan will have a principal balance between $1,000 and $25,000, in the specific amount of registered lender bids you receive on your posting and accept, either manually or using the Auto-Fund feature of the loan
marketplace. However, in no event will the principal amount of your registered borrower loan exceed the maximum loan amount determined by our automated underwriting process. Your registered borrower loan will have a fixed interest rate and a fixed
term of one, two or three years, as determined by you and set forth in your posting. The fixed interest rate will be a blended rate based on the weighted average of the principal amount and interest rate set forth in registered lender bids accepted
by you for your registered borrower loan. You may prepay your registered borrower loan at any time without penalty. In the event of a partial prepayment, we will reduce the outstanding principal balance of your registered borrower loan by the amount
of the partial prepayment but we will not recalculate your amortization schedule. This means that your monthly payment will remain the same and your registered borrower loan will be repaid prior to the original maturity date. Your obligations,
including your obligation to repay principal and interest, are set forth in this Agreement and in the promissory note you will make to us as described in Section 2. 
 For additional information regarding the terms of your registered borrower loan, please see the disclosures provided to you at [LINK TO DISCLOSURES].

 2. Registered Borrower Loan Funding and Closing. Your registered borrower loan will be funded by us with the proceeds of
Notes purchased by registered lenders that correspond to your registered borrower loan. As described in the Borrower Registration Agreement, registered lenders bid the amount they are willing to commit to the purchase of a Note that is dependent for
payment on payments we receive on your registered borrower loan and the interest rate they are willing to accept. A “bid” is a registered lender’s commitment to purchase a Note from us in the principal amount and at the interest rate
set forth in the registered lender’s bid. For a detailed description of the Notes, please refer to the Prospectus which is available at [LINK TO PROSPECTUS]. 

 You acknowledge that a registered lender’s bid is a commitment to purchase a Note from us
corresponding to all or a portion of your registered borrower loan and does not confer any rights to you. You understand that individual registered lenders make their own decisions whether to make a bid on your posting and commit funds to purchase a
Note from us. We may also participate in the loan marketplace as a registered lender and may make bids on postings, but we are not obligated to do so. 
 You acknowledge that if you accept bids reflecting full or partial funding of your registered borrower loan, either manually or using the Auto-Fund feature of the loan marketplace, you will execute and be bound by the
terms set forth in the form of non-negotiable promissory note attached as Exhibit A to this Agreement. You agree to execute multiple promissory notes if we request you to do so, provided that the aggregate principal amount of such promissory
notes will equal the total amount of your registered borrower loan. If you elect to Auto-Fund your registered borrower loan, we will execute the related promissory note on your behalf pursuant to the power of attorney granted to us in
Section 5. 
 You authorize us to disburse registered borrower loan proceeds to you by crediting your IOU Central account that was
created during the new user registration process. At your request, we will transfer available funds from your IOU Central account to your designated and verified bank account by Automated Clearing House (“ACH”) transfer. 
 BY ELECTRONICALLY SIGNING THIS AGREEMENT, YOU ARE COMMITTING TO OBTAIN A REGISTERED BORROWER LOAN FROM US IN THE AMOUNT AND ON THE TERMS SET FORTH IN THIS
AGREEMENT AND THE RELATED PROMISSORY NOTE, AND THE DISCLOSURES PROVIDED TO YOU IN CONNECTION WITH YOUR REGISTERED BORROWER LOAN. YOU HAVE NO RIGHT TO RESCIND THE REGISTERED BORROWER LOAN ONCE MADE BUT YOU MAY PREPAY THE REGISTERED BORROWER LOAN AT
ANY TIME WITHOUT PENALTY. 
 WE WILL NOT DISBURSE ANY PROCEEDS TO YOU FOR YOUR REGISTERED BORROWER LOAN UNLESS AND UNTIL SUFFICIENT PROCEEDS
ARE RECEIVED BY US FROM REGISTERED LENDERS PURCHASING NOTES CORRESPONDING TO YOUR REGISTERED BORROWER LOAN. 
 3. Making Your Registered
Borrower Loan Payments. Unless you elect to make payments by check (or otherwise), you authorize us and our successors and assigns to debit your designated bank account by ACH transfer for the amount of each payment of principal and interest
due on each due date pursuant to the authorization attached as Exhibit B to this Agreement. This authorization does not affect your obligation to pay when due all amounts payable on your registered borrower loan, whether or not there are
sufficient funds therefore in such bank account. The foregoing authorization is in addition to, and not in limitation of, any rights to setoff we may have as described in Section 16 of the Borrower Registration Agreement. With regard to
payments made by automatic withdrawal, you have the right to stop payment of automatic withdrawals or revoke your prior authorization for automatic 

  

 2 

 
withdrawals by notifying your financial institution at least three banking days before the schedule date of transfer. You must notify us of the exercise of
your right to stop a payment or revoke your authorization for automatic withdrawals at least three banking days before the scheduled date of transfer. All payments are to be applied first to the payment of all fees, expenses and other amounts due
(excluding principal and interest), then to accrued interest, and then to outstanding principal, provided that after an Event of Default (as defined below), payments will be applied to your obligations as we determine in our sole discretion.

 If you elect to make payments by check (or otherwise) of principal and interest due on each due date, we will charge you a $10 check
processing fee for each such payment. 
 4. Fees. As provided in the Borrower Registration Agreement, we will deduct a
non-refundable origination fee from the proceeds of your registered borrower loan, so the loan proceeds delivered to you will be less than the full amount of your registered borrower loan. You acknowledge that the origination fee will be considered
part of the principal on your registered borrower loan and is subject to the accrual of interest. In addition, you agree to pay a fee of $15 (or, if less, the maximum amount permitted by the state in which you reside) if ACH transfers or checks are
returned or fail due to insufficient funds in your bank account or for any other reason. Each attempt to collect a payment is considered a separate transaction, so an unsuccessful payment fee will be assessed for each failed attempt. The financial
institution that holds your bank account may assess its own fee in addition to the fee we assess. If any payment is more than 15 days late, we may charge a late fee in an amount equal to the greatest of 5.0% of the outstanding payment, or $15 (or,
if less, the maximum amount permitted by the state in which you reside). We will charge only one late fee on each late payment. The fees may be collected using ACH transfers initiated by us from your designated bank account. Any such late fee
assessed is immediately due and payable. Any payment received after 6:00 p.m. (New York City time) on a banking day is deemed received on the next succeeding banking day. 
 In addition, if you elect to make payments by check (or otherwise) of principal and interest, we will charge you a $10 check processing fee as described in Section 3. 
 5. Power of Attorney. As a condition to using the Auto-Fund feature of the loan marketplace, you hereby grant us a limited power of attorney
and appoint us and/or our designees as your true and lawful attorney-in-fact and agent, with full power of substitution and re-substitution, for you and in your name, place and stead, in any and all capacities, to complete and execute a promissory
note representing in the aggregate the total principal amount you accept and the terms of each registered borrower loan made to you by us in accordance with the disclosure made to you about such registered borrower loan (see the disclosures at [LINK
TO DISCLOSURES]), with the full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection with such power as fully to all intents and purposes as you might or could do in person (“Power
of Attorney”). This Power of Attorney is limited solely to the purpose described above and will expire automatically upon the earlier of (a) the execution of the promissory note by us on your behalf or (b) the termination or
expiration of your posting on the loan marketplace. You may revoke the Power of Attorney at any time before the promissory note is executed on your behalf and the funds representing your registered borrower loan proceeds are transferred 

  

 3 

 
to your designated account by contacting us in accordance with Section 10. Once the promissory note has been signed by us acting as your
attorney-in-fact, however, it is deemed executed on your behalf and shall be your valid and binding obligation thereafter. If you elect to use the Auto-Fund feature of the loan marketplace and you revoke the Power of Attorney prior to execution of
the promissory note, we will be unable to proceed with processing your registered borrower loan request and your pending registered borrower loan will be considered withdrawn. In such event, we will remove any postings you have made on the loan
marketplace for which you have elected to use the Auto-Fund feature of the loan marketplace, and you may be prohibited from making additional postings in the future in our sole discretion. 
 6. Other Registered Borrower Obligations. You agree that you will not, in connection with your participation as a registered borrower on the
loan marketplace, including, without limitation, in connection with your registered borrower loan, (a) make any false, misleading or deceptive statements or omissions of material fact, (b) misrepresent your identity or describe, present or
portray yourself as a person other than yourself, (c) give to or receive from, or offer or agree to give to or receive from, any registered lender or other person any fee, bonus, additional interest, kickback or thing of value of any kind in
exchange for such person’s bid, recommendation, or offer or agreement to bid on or recommend your posting, (d) represent yourself to any person as a representative, employee, or agent of ours, or purport to speak to any person on our
behalf, or (e) provide in your posting or in communications on the loan marketplace related to your posting, information upon which a discriminatory lending decision may be made, such as your race, color, religion, national origin, sex or age.
You acknowledge and agree that we may rely without independent verification on the accuracy, authenticity, and completeness of all information you provide to us. In addition, you certify that the proceeds of your registered borrower loan will not be
used for the purpose of purchasing or carrying any securities or to fund any illegal activity. 
 7. Loan Servicing. You
acknowledge and agree that we shall serve as the loan servicer for any and all registered borrower loans you receive but that we may delegate servicing to another entity. As loan servicer, we will administer and collect on your registered borrower
loans. We will maintain the promissory note representing your registered borrower loan in electronic form and will make such promissory note available to you for review on the loan marketplace. 
 8. Default and Termination. You will be deemed to be in default on your registered borrower loan if you (a) fail to pay timely any
amount due on your registered borrower loan, (b) file or have instituted against you any bankruptcy or insolvency proceedings or make any assignment for the benefit of creditors, (c) die, (d) commit fraud or make any material
misrepresentation in this Agreement and the related promissory note, your loan request, or any other documents, applications or related materials delivered to us in connection with your registered borrower loan, or (e) fail to abide by the
terms of this Agreement (each, an “Event of Default”). 
 Upon the occurrence of an Event of Default, we may exercise all remedies
available to us under applicable law and this Agreement and the related promissory note, including, without limitation, (i) demand that you immediately pay all amounts owed on your registered 

  

 4 

 
borrower loan obtained pursuant to this Agreement, and (ii) terminate this Agreement. Notwithstanding the preceding sentence, any registered borrower
loans that you obtain prior to the effective date of termination of this Agreement resulting from other postings you make on the loan marketplace shall remain in full force and effect in accordance with their terms. 
 9. Collection and Reporting Delinquent Registered Borrower Loans. We reserve the right to report registered borrower loan payment
delinquencies in excess of 30 days to one or more consumer reporting agencies in accordance with applicable law. 
 10.
Communications. You agree not to communicate with registered lenders who purchase Notes that are dependent for payment on payments we receive on your corresponding registered borrower loan except anonymously and publicly through your
posting on the loan marketplace. Subject to Section 18, you agree to send any inquiries, requests for deferment or forbearance, or other communications regarding your registered borrower loan, including any revocation of the power of
attorney set forth in Section 5, by e-mail to customersupport@ioucentral.com, or by regular mail to IOU Central Inc., 1255 Roberts Boulevard, Suite 116, Kennesaw, GA 30144, Attention: Operations Department. 
 11. Authority. You warrant and represent that you have the legal competence and capacity to execute and perform this Agreement. 

12. Privacy Notice. The IOU Central Privacy Notice attached as Exhibit C to this Agreement is incorporated by reference into this
Agreement. 
 13. NO GUARANTEE. WE DO NOT WARRANT OR GUARANTEE THAT WE WILL RECEIVE SUFFICIENT PROCEEDS FROM REGISTERED LENDERS
PURCHASING NOTES CORRESPONDING TO YOUR REGISTERED BORROWER LOAN TO FULLY FUND YOUR REGISTERED BORROWER LOAN. 
 14. NO WARRANTIES.
EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, WE MAKE NO REPRESENTATIONS OR WARRANTIES TO YOU, INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. 
 15. LIMITATION ON LIABILITY. THIS AGREEMENT IS FULLY SUBJECT TO ALL DISCLAIMERS AND LIMITATIONS ON LIABILITY SET FORTH IN THE TERMS OF USE
OF THE LOAN MARKETPLACE AND THE POLICIES POSTED ON THE LOAN MARKETPLACE, AS MAY BE AMENDED BY US IN OUR SOLE DISCRETION (THE “IOU CENTRAL TERMS AND CONDITIONS”). 
 16. Entire Agreement. This Agreement and any related promissory note represent the entire agreement between you and us regarding the subject matter hereof and supersede any and all prior or
contemporaneous communications, promises and proposals, whether oral, written or electronic, between us with respect to your registered borrower loan. 
 17. CONSENT TO ELECTRONIC TRANSACTIONS AND DISCLOSURES. THIS AGREEMENT IS FULLY SUBJECT TO YOUR CONSENT TO ELECTRONIC TRANSACTIONS AND DISCLOSURES, WHICH CONSENT IS SET FORTH IN EXHIBIT D ATTACHED
TO THE BORROWER REGISTRATION AGREEMENT, AND THE IOU CENTRAL TERMS AND CONDITIONS.  
  

 5 

 18. Notices. You agree that we can send you any and all notices and other communications
related to this Agreement and your registered borrower loan by sending an e-mail to your registered e-mail address or posting the notice or communication to the loan marketplace, and notice or communication shall be deemed to have been duly given
and effective when we send it or post it on the loan marketplace. You acknowledge that you have sole access to the registered e-mail account and your “My IOU” page on the loan marketplace and that communications from us may contain
sensitive, confidential and collections-related communications. If your registered e-mail address changes, you must notify us immediately of the change by sending an e-mail to customersupport@ioucentral.com, or by calling 1-866-217-8564. You also
agree to promptly update your registered address and telephone number on the loan marketplace if they change. 
 19. Miscellaneous.
The parties acknowledge that there are no third party beneficiaries to this Agreement. You may not assign, transfer, sublicense or otherwise delegate your rights under this Agreement to another person without our prior written consent. Any such
assignment, transfer, sublicense or delegation in violation of this Section 19 shall be null and void. This Agreement shall be governed by the laws of the State of Delaware without regard to any principle of conflict of laws that would
require or permit the application of the laws of any other jurisdiction. Any waiver of a breach of any provision of this Agreement will not be a waiver of any other subsequent breach. Failure or delay by either party to enforce any term or condition
of this Agreement will not constitute a waiver of such term or condition. If at any time after the date of this Agreement any of the provisions of this Agreement shall be held by a court of competent jurisdiction to be illegal, void or
unenforceable, such provision shall be of no force and effect, but the illegality and unenforceability of such provision shall have no effect upon and shall not impair the enforceability of any other provisions of this Agreement. 
 20. Arbitration. 
 (a)
Either party to this Agreement, or IOU Central at its sole election, may require that the sole and exclusive forum and remedy for resolution of a Claim (as defined below) be final and binding arbitration pursuant to this Section 20 (the
“Arbitration Provision”), unless you opt-out as provided in Section 20(b) below. As used in this Arbitration Provision, “Claim” shall include any past, present, or future claim, dispute, or controversy involving you
(or persons claiming through or connected with you), on the one hand, and us (or persons claiming through or connected with us), on the other hand, relating to or arising out of this Agreement, any loan request, posting or promissory note, the loan
marketplace, and/or the activities or relationships that involve, lead to, or result from any of the foregoing, including, without limitation (except to the extent provided otherwise in the last sentence of Section 20(f) below), the
validity or enforceability of this Arbitration Provision, any part thereof, or the entire Agreement. Claims are subject to arbitration regardless of whether they arise from contract, tort (intentional or otherwise), a constitution, statute, common
law, or principles of equity, or otherwise. Claims include matters arising as initial claims, counter-claims, cross-claims, third-party claims, or otherwise. The scope of this Arbitration Provision is to be given the broadest possible interpretation
that is enforceable. 
  

 6 

 (b) You may opt out of this Arbitration Provision for all purposes by sending an arbitration
opt-out notice to IOU Central Inc., 1255 Roberts Blvd. Suite 116, Kennesaw, GA 30144, Attention: Operations Department, that is received at the specified address within 30 days of the date of your electronic acceptance of the terms of this
Agreement. The opt-out notice must clearly state that you are rejecting arbitration, identify the Agreement to which it applies by date, provide your name, address, and social security number, and be signed by you. You may send the opt-out notice in
any manner you see fit as long as it is received at the specified address within the specified time. No other methods can be used to opt-out of this Arbitration Provision. If the opt-out notice is sent on your behalf by a third party, such third
party must include evidence of his or her authority to submit the opt-out notice on your behalf. 
 (c) The party initiating
arbitration shall do so with the American Arbitration Association (AAA) or JAMS. The arbitration shall be conducted according to, and the location of the arbitration shall be determined in accordance with, the rules and policies of the administrator
selected, except to the extent the rules conflict with this Arbitration Provision or any countervailing law. In the case of a conflict between the rules and policies of the administrator and this Arbitration Provision, this Arbitration Provision
shall control, subject to countervailing law, unless all parties to the arbitration consent to have the rules and policies of the administrator apply. 
 (d) If we elect arbitration, we shall pay all of the administrator’s filing costs and administrative fees (other than hearing fees). If you elect arbitration, filing costs and administrative fees (other
than hearing fees) shall be paid in accordance with the rules of the administrator selected, or in accordance with countervailing law if contrary to the administrator’s rules. We shall pay the administrator’s hearing fees for one full day
of arbitration hearings. Fees for hearings that exceed one day will be paid by the party requesting the hearing, unless the administrator’s rules or applicable law require otherwise, or you request that we pay them and we agree to do so. Each
party shall bear the expense of its own attorneys’ fees, except as otherwise provided by law. If a statute gives you the right to recover any of these fees, these statutory rights shall apply in the arbitration notwithstanding anything to the
contrary in this Arbitration Provision. 
 (e) Within 30 days of a final award by the arbitrator, any party may appeal the award for
reconsideration by a three-arbitrator panel selected according to the rules of the arbitrator administrator. In the event of such an appeal, any opposing party may cross-appeal within 30 days after notice of the appeal. The panel will reconsider de
novo all aspects of the initial award that are appealed. Costs and conduct of any appeal shall be governed by this Arbitration Provision and the administrator’s rules, in the same way as the initial arbitration proceeding. Any award by the
individual arbitrator that is not subject to appeal, and any panel award on appeal, shall be final and binding, except for any appeal right under the Federal Arbitration Act (“FAA”), and may be entered as a judgment in any court of
competent jurisdiction. 
  

 7 

 (f) We agree not to invoke our right to arbitrate an individual Claim you may bring in small
claims court or an equivalent court, if any, so long as the Claim is pending only in that court. NO ARBITRATION SHALL PROCEED ON A CLASS, REPRESENTATIVE, OR COLLECTIVE BASIS (INCLUDING AS PRIVATE ATTORNEY GENERAL ON BEHALF OF OTHERS), EVEN IF THE
CLAIM OR CLAIMS THAT ARE THE SUBJECT OF THE ARBITRATION HAD PREVIOUSLY BEEN ASSERTED (OR COULD HAVE BEEN ASSERTED) IN A COURT AS CLASS REPRESENTATIVE, OR COLLECTIVE ACTIONS IN A COURT. Unless consented to in writing by all parties to the
arbitration, no party to the arbitration may join, consolidate, or otherwise bring claims for or on behalf of two or more individuals or unrelated corporate entities in the same arbitration unless those persons are parties to a single transaction.
Unless consented to in writing by all parties to the arbitration, an award in arbitration shall determine the rights and obligations of the named parties only, and only with respect to the claims in arbitration, and shall not (i) determine the
rights, obligations, or interests of anyone other than a named party, or resolve any Claim of anyone other than a named party, or (ii) make an award for the benefit of, or against, anyone other than a named party. No administrator or arbitrator
shall have the power or authority to waive, modify, or fail to enforce this Section 20(f), and any attempt to do so, whether by rule, policy, arbitration decision or otherwise, shall be invalid and unenforceable. Any challenge to the
validity of this Section 20(f) shall be determined exclusively by a court and not by the administrator or any arbitrator. 
 (g) This Arbitration Provision is made pursuant to a transaction involving interstate commerce and shall be governed by and enforceable under the FAA. The arbitrator will apply substantive law consistent with the FAA and applicable
statutes of limitations. The arbitrator may award damages or other types of relief permitted by applicable substantive law, subject to the limitations set forth in this Arbitration Provision. The arbitrator will not be bound by judicial rules of
procedure and evidence that would apply in a court. The arbitrator shall take steps to reasonably protect confidential information. 
 (h) This Arbitration Provision shall survive (i) suspension, termination, revocation, closure, or amendments to this Agreement and the relationship of the parties and/or IOU Central, (ii) the bankruptcy or insolvency of any
party or other person, and (iii) any transfer of any registered borrower loan or promissory note which you owe, or any amounts owed on such loans or notes, to any other person or entity. If any portion of this Arbitration Provision other than
Section 20(f) is deemed invalid or unenforceable, the remaining portions of this Arbitration Provision shall nevertheless remain valid and in force. If an arbitration is brought on a class, representative, or collective basis, and the
limitations on such proceedings in Section 20(f) are finally adjudicated pursuant to the last sentence of Section 20(f) to be unenforceable, then no arbitration shall be had. In no event shall any invalidation be deemed to
authorize an arbitrator to determine Claims or make awards beyond those authorized in this Arbitration Provision. 
 THE PARTIES ACKNOWLEDGE
THAT THEY HAVE A RIGHT TO LITIGATE CLAIMS THROUGH A COURT BEFORE A JUDGE OR JURY, BUT WILL NOT HAVE THAT RIGHT IF ANY PARTY ELECTS ARBITRATION PURSUANT TO THIS ARBITRATION PROVISION. THE PARTIES HEREBY KNOWINGLY AND VOLUNTARILY WAIVE THEIR RIGHTS TO
LITIGATE SUCH CLAIMS IN A COURT BEFORE A JUDGE OR JURY UPON ELECTION OF ARBITRATION BY ANY PARTY. 
  

 8 

 EXHIBIT A 
 IOU CENTRAL INC. 
 FORM OF NON-NEGOTIABLE PROMISSORY NOTE 
  

			
	Registered borrower name and address:	 	  

		 	(not visible to registered lenders)

 $                 

             , 200   
 For value received, I (“Borrower”) promise to pay to the order of IOU Central Inc., or any subsequent holder (“you” or the “Lender”) of
this Promissory Note (the “Note”), the principal sum of $         with interest as set forth below. I intend to be legally bound by this Note. I have read, understood, and agreed to all of the
terms of this Note. 
 Interest. Interest will be charged daily on the unpaid principal until the full amount of principal has been paid. The Borrower will pay interest at a yearly rate of
    %. The interest rate required is the rate the Borrower will pay both before and after any default, except to the extent limited by applicable law. Because the Borrower will pay interest on the actual balance each day,
the interest the Borrower will pay will be higher if any payments are made later than scheduled, and lower if any payments are made earlier than scheduled. 
 The Truth in Lending Act disclosures below are incorporated in and made part of this Note. 
 TRUTH in LENDING ACT 

 

													
	ANNUAL PERCENTAGE RATE	 	 	  	FINANCE CHARGE	 	 	  	AMOUNT FINANCED	 	 	  	TOTAL OF PAYMENTS
	The cost of the Borrower’s credit as a yearly rate.	 		  	The dollar amount the credit will cost the Borrower.	 		  	The amount of credit provided to the Borrower or on his or her behalf.	 		  	The amount the Borrower will have paid after all payments as scheduled.
	 		 		 		 
	     %
  
	 		  	 $        

 
	 		  	 $
        
  
	 		  	 $        
  

 Late Charge: If the Borrower fails to make all or any part of a scheduled installment on or before the 15th
day after its scheduled due date, the Lender will charge a late fee in an amount equal to the greater of 5.0% of the outstanding payment or $15 (or, if less, the maximum amount permitted by law in the state where the Borrower resides). See
“Fees and Charges” below for more information. 
 Prepayment: If the Borrower pays the Note early, there will be no penalty. See
“Prepayments and Partial Payments” below for more information. 
 Other Terms: See the other terms and conditions of this Note for
additional information about nonpayment, default, the right to accelerate the maturity of the obligation, and prepayment provisions. 
  

																	
	 Payment Schedule
  

	Number of Payments	  	Amount of Payments	  	When Payments are Due
	                            	  	 $                    
	  	 The first payment is due:
    . Each subsequent monthly payment is due on the same day of each month
beginning:                    .
  

  

					
	 Itemization of Amount Financed of
$                    
  

	Amount given to Borrower(s):	  	 	  	 
	Amount paid on Borrower(s)’ behalf:	  	$	  	Paid to:
	Origination fee of:	  	$	  	 

 Payments. Principal and interest are to be paid during and throughout the periods of [12][24][36] months in
the following manner: 
 Payments of principal and interest in the amount of $         are to be made by the
Borrower to the Lender commencing on             , 200  , and on the same day of each successive month thereafter until
            , 200  , when the full amount of unpaid principal, together with unpaid accrued interest, is due and payable. If the monthly anniversary is on the 29th,
30th, 
  

 A-1 

 
or 31st of the month and the following month does not have a 29th, 30th, or 31st day, the monthly payment will be due on the last day of the month in which
the payment was due. The last payment might be of a slightly different amount to adjust for rounding. 
 The Borrower may make a payment by personal check by
contacting support@ioucentral.com or by sending a check by regular mail at IOU Central, 1255 Roberts Blvd Suite 116 Kennesaw, GA 30144, Attention: Loan Processing Department. 
 All payments on this Note are to be made in immediately available lawful money of the United States. Unless the Borrower elects to make payments by check (or otherwise), the Borrower authorizes the Lender to debit the
Borrower’s designated deposit account by Automated Clearing House (“ACH”) transfer for the amount of each payment due on each due date. With regard to payments made by automatic withdrawal, the Borrower has the right to stop payment
of automatic withdrawals or revoke the Borrower’s prior authorization for automatic withdrawals by notifying the Borrower’s financial institution at least three banking days before the scheduled date of transfer. 
 If the Borrower elects to make payments by check (or otherwise) of principal and interest due on each due date, the Lender will charge a $10 check processing fee for
each such payment. 
 The Borrower will notify the Lender of the exercise of the Borrower’s right to stop a payment or revoke the Borrower’s
authorization for automatic withdrawals at least three banking days before the scheduled date of transfer. All payments are to be applied first to the payment of all fees, expenses and other amounts due to the Lender (excluding principal and
interest), then to accrued interest, and then to outstanding principal; provided, however, that after an Event of Default (as defined below), payments will be applied to the Borrower’s obligations as the Lender determines in its
sole discretion. 
 Fees and Charges. A non-refundable origination fee paid by the Borrower to IOU Central Inc. in the amount and on the terms set
forth in the Borrower Registration Agreement will be deducted from the Borrower’s registered borrower loan proceeds, so the loan proceeds delivered to the Borrower will be less than the full amount of the Borrower’s registered borrower
loan. The Borrower acknowledges that the origination fee will be considered part of the principal of the Borrower’s registered borrower loan and is subject to the accrual of interest. The Borrower agrees to pay a fee of $15 (or, if less, the
maximum amount permitted by the state in which the Borrower resides) if ACH transfers or checks are returned or fail due to insufficient funds in the Borrower’s deposit account or for any other reason. The Borrower acknowledges that the
financial institution that holds the Borrower’s designated deposit account may charge a fee in addition to this fee. Each attempt to collect a payment is considered a separate transaction, so an unsuccessful payment fee will be assessed for
each failed attempt. If the Borrower’s payment is more than 15 days late, the Lender will charge a late fee in an amount equal to the greater of 5.0% of the outstanding payment or $15 (or, if less, the maximum amount permitted by law in the
state in which the Borrower resides). The Lender will charge only one late fee on each late payment. These fees may be collected using ACH transfers initiated by the Lender from the Borrower’s designated deposit account. Any such late fee
assessed is immediately due and payable. Any payment received after 6:00 p.m. (New York City time) on a banking day is deemed received on the next succeeding banking day. 
  

 A-2 

 Prepayments and Partial Payments. The Borrower may make any payment early, in whole or in part, without
penalty or premium at any time. Any partial prepayment is to be applied against the principal amount outstanding and does not reduce or postpone the due date of any subsequent monthly installments, unless the Lender otherwise agrees in writing. If
the Borrower prepays this Note in part, the Borrower agrees to continue to make regularly scheduled payments until all amounts due under this Note are paid in full. The Lender may accept late payments or partial payments, even though marked
“paid in full,” without losing any rights under this Note. 
 Use of Funds. The Borrower certifies that the proceeds of the registered
borrower loan will not be used for the purpose of purchasing or carrying any securities or to fund any illegal activity. 
 Default. The Borrower will
be deemed in default of the Borrower’s obligations under this Note if the Borrower (i) fails to pay timely any amount due under this Note, (ii) files or has instituted against the Borrower any bankruptcy or insolvency proceedings or
makes any assignment for the benefit of creditors, (iii) dies, (iv) commits fraud or makes any material misrepresentation in this Note, or (v) fails to abide by the terms of this Note (each, an “Event of Default”).

 Upon the occurrence of an Event of Default, the Lender may exercise all remedies available to it under applicable law, including, without limitation,
demand that the Borrower immediately pay all amounts due under this Note. The Lender reserves the right to report registered borrower loan payment delinquencies at or in excess of 30 days to one or more consumer reporting agencies in accordance with
applicable law. The Borrower agrees to pay all costs of collecting any delinquent payments, including, without limitation, costs of any third party collection agency and reasonable attorneys’ fees, as permitted by applicable law. 
 Credit Reporting. The Borrower agrees and hereby authorizes the Lender to obtain credit reports on the Borrower at any time before this Note is paid in full. The
Borrower also agrees that the Lender may report the Borrower’s performance and disclose any default by the Borrower under this Note, along with any other relevant information, to credit reporting agencies. 
 Miscellaneous. This Note is not negotiable. Notwithstanding the foregoing, the Lender may assign this Note without notice to the Borrower. The Borrower may not
assign this Note without the prior written consent of the Lender. This Note inures to the successors, permitted assigns, heirs and representatives of each of the Borrower and the Lender. 
 The Borrower hereby waives demand, notice of non-payment, protest, and all other notices or demands whatsoever, and hereby consents that without notice to and without releasing the liability of any party, the
obligations evidenced by this Note may from time to time, in whole or part, be renewed, extended, modified, accelerated, compromised, settled or released by the Lender. 
 Any changes to this Note must be in writing signed by each of the Borrower and the Lender. Notices will be mailed electronically to the addresses provided. 
 Controlling Law. This Note has been executed and delivered in the State of              and is
deemed a contract made under such state’s law. The provisions of this Note will be governed by federal laws and the laws of the State of              to the extent not
preempted, without regard to any principle of conflicts of law. The unenforceability of any provision of this Note shall not affect the enforceability or validity of any other provision of this Note. 
  

 A-3 

 STATE LAW NOTICES 
 [State-specific disclosures to be dynamically populated depending upon registered borrower’s state of residence.] 
 Alabama Notice:

 CAUTION – IT IS IMPORTANT THAT YOU THOROUGHLY READ THE CONTRACT BEFORE YOU SIGN IT. 
 Arizona Notice: 
  

			
	Notice:	 	You may request that the initial disclosures prescribed in the Truth-in-Lending Act (15 United States Code section 1601 through 1666) be provided in Spanish before signing any loan documents.

		
		 	Used puede solicitar que las revelaciones initiales prescribidas en lay ley de veracidad de prestamo (Truth-in-Lending Act) (15 United States Codes section 1601 through 1666) sean
suministradas a usted en Espanol antes que firme los documentos de prestamo.

 California Notice: 
 Notwithstanding any provision in this agreement to the contrary, I have the right to make payment in advance and in any amount at any time 
 No broker has been used in the making of this loan. 
 This loan is made pursuant to the California Finance Lenders Law,
Division 9 (commencing with Section 22000 of the Financial Code). 
 IOU Central, Inc. holds California Finance Lenders License # 603 E394 

FOR INFORMATION CONTACT THE DEPARTMENT OF 
 CORPORATIONS, STATE OF CALIFORNIA. 
 Connecticut Notice: 
 This Office is Licensed by 
 The Commissioner of Banking 
 260 Constitution Plaza 
 Hartford, Connecticut 06103 

Florida Notice: 
 Florida documentary stamp tax in the
amount required by law has been paid or will be paid directly to the Department of Revenue. Certificate of Registration No.             . 
  

 A-4 

 Georgia Notice: 
 NOTICE TO CONSUMER 
 (a) Do not sign this agreement if it contains any blank spaces. 
 (b) You are entitled to an exact copy of all papers you signed. 
 (c) You have the right at any time to pay in advance the full amount due under this agreement and under certain conditions to obtain a partial refund of the interest charges. 
 (d) If credit life insurance is required, you have the right to purchase either level term life insurance or reducing term life insurance coverage. 
 (e) You are not required to purchase noncredit insurance as a condition of obtaining this loan. 
 Illinois Notice: 
 This is a simple interest contract. Interest will be charged daily on the unpaid principal
until the full amount of principal has been paid. There are no unearned finance charges. 
 Iowa Notice: 
 NOTICE TO THE CONSUMER: (1) Do not sign this paper before you read it. (2) You are entitled to a copy of this paper. (3) You may prepay the unpaid
balance at any time without penalty and may be entitled to receive a refund of unearned charges in accordance with law. 
 Kansas Notice: 

 You agree that this Note is governed by Federal law and the laws of Kansas (including the finance charge provisions and the other provisions of the Kansas
Uniform Consumer Credit Code, Kan. Stat. Ann. §§ 16a-1-101 through 16a-9-102). 
 NOTICE TO CONSUMER: 1. Do not sign this agreement before you
read it. 2. You are entitled to a copy of this agreement. 3. You may prepay the unpaid balance at any time without penalty. 
 Kentucky Notice:

 Notwithstanding the provisions of the GOVERNING LAW paragraph above to the contrary, I agree that this Agreement is governed by the laws of the
Georgia. I understand that IOU Central, Inc. is a Delaware corporation whose principal place of business is in Georgia, that this Note will not be effective until accepted by you at your place of business in Georgia, that the loan proceeds will be
disbursed from Georgia and that your performance under the Note involves your sending payments due hereunder to me in Georgia. 
 Maryland Notice:

 I and you agree that this Note is governed by Subtitle 10 of Title 12 of the Commercial Law Article of the Annotated Code of Maryland. 
  

 A-5 

 Minnesota Notices: 
 Notwithstanding the provisions of the GOVERNING LAW paragraph above to the contrary, I agree that this Agreement is governed by the laws of the Georgia. I understand that IOU Central, Inc. is a Delaware corporation whose principal
place of business is in Georgia, that this Note will not be effective until accepted by you at your place of business in Georgia, that the loan proceeds will be disbursed from Georgia and that your performance under the Note involves your sending
payments due hereunder to me in Georgia. 
 Missouri Notice: 
 Oral Modifications. Oral agreements or commitments to loan money, extend credit or to forbear from enforcing repayment of a debt including promises to extend or renew such debt are not enforceable. To
protect you (borrower(s)) and us (creditor) from misunderstanding or disappointment, any agreements we reach covering such matters are contained in this writing, which is the complete and exclusive statement of the agreement between us, except as we
may later agree in writing to modify it. 
 New Hampshire Notice: 
 Notwithstanding anything in this Note, if I prevail in any action, suit or proceeding you bring or in an action I bring, reasonable attorneys’ fees shall be awarded to me. Further, if I successfully assert a
partial defense, setoff, recoupment or counterclaim to an action brought by you, the court may withhold from you the entire amount or such portion of the attorneys’ fees as the court deems appropriate. 
 North Carolina Notice: 
 This loan is regulated by the
provisions of Chapter 53, Article 15 of the North Carolina General Statutes. 
 Ohio Notice: 
 This Note is made in reliance on the provisions of sections 1321.51 to 1321.60 of the Ohio Revised Code. 
 Pennsylvania Notice: 
 This is a contract under seal and may
be enforced under 42 Pa. C.S. § 5529(b) (relating to twenty year limitation). 
 South Dakota Notice: 
 I have no contractual right under this Note to extend payments or maturity of the loan. I also have no right to refinance the Note. 
  

 A-6 

 Any improprieties in making this loan or in loan practices may be referred to: 
 South Dakota Department of Revenue and Regulation 
 Division of Banking

 217 1/2 West Missouri Avenue 
 Pierre, South Dakota 57501-4590

 Phone: (605) 773-3421 
 Fax: (605) 773-5367

 Texas Disclosure: 
 I give up (waive) my common
law rights to receive notice of intent to accelerate and notice of acceleration. This means that I give up the right to receive notice that you intend to demand that I pay all that I owe on this Note at once (accelerate) and notice that you have
accelerated. 
 IOU Central, Inc. is licensed and examined under the laws of the State of Texas and by state law is subject to regulatory oversight by the
Office of Consumer Credit Commissioner. Any consumer wishing to file a complaint against IOU Central, Inc. should contact the Office of Consumer Credit Commissioner through one of the means indicated below: 
 In Person or U.S. Mail: 2601 North Lamar Boulevard, Austin, Texas 78705-4207. Telephone No.: (800) 538- 1579. Fax No.: (512) 936-7610. E-mail:
consumer.complaints@occc.state.tx.us. Website: www.occc.state.tx.us. 
 Utah Credit Reporting Notice: 
 As required by Utah law, you are hereby notified that a negative credit report reflecting on your credit record may be submitted to a credit reporting agency if you fail
to fulfill the terms of your credit obligations. 
 Washington Disclosure: 
 If this credit transaction is entered into for a commercial or business purpose, the following notice applies: 
 Oral
agreements or oral commitments to loan money, extend credit, or to forbear from enforcing repayment of a debt are not enforceable under Washington law. 
 West Virginia Notice: 
 The provisions of this Note for me to costs and expenses in enforcing this Note are void. 
 Wisconsin Notice: 
 I recognize that this debt is incurred as a
family obligation under Wisconsin law and that my marital property may be subject to liability under this obligation. I have not entered into a marital property agreement that will adversely affect your interest in the Note. I understand that
Wisconsin law requires that my spouse be given notice of this obligation. [Borrower’s signature]
                                         
    
  

 A-7 

 NOTICE TO CUSTOMER 
  

	(a)	DO NOT SIGN THIS BEFORE YOU READ THE ENTIRE AGREEMENT, EVEN IF OTHERWISE ADVISED. 

  

	(b)	DO NOT SIGN THIS IF IT CONTAINS ANY BLANK SPACES. 

  

	(c)	YOU ARE ENTITLED TO AN EXACT COPY OF ANY AGREEMENT YOU SIGN. 

  

	(d)	YOU HAVE THE RIGHT AT ANY TIME TO PAY IN ADVANCE THE UNPAID BALANCE DUE UNDER THIS AGREEMENT AND YOU MAY BE ENTITLED TO A PARTIAL REFUND OF THE FINANCE CHARGE.

  

 A-8 

 EXHIBIT B 
 IOU CENTRAL INC. 
 AUTHORIZATION FOR ELECTRONIC DEBITS 
 PAYOR’S AUTHORIZATION: 
 I (we) acknowledge that this
Authorization for Electronic Debits (this “Authorization”) is provided for the benefit of the Payee (identified herein) and my (our) Financial Institution (identified herein) and is provided in consideration of my (our) Financial
Institution agreeing to process debits against my (our) Account (identified herein). 
 I (we) warrant and guarantee that all persons whose signatures are
required to sign on this Account have signed this Authorization, either manually or by electronic signature. 
 I (we) hereby authorize the Payee to draw on
my (our) Account with my (our) Financial Institution the lump sum payment due on each due date on the registered borrower loan I (we) owe under the Registered Borrower Loan Agreement and the related Promissory Note(s) which I (we) entered into with
the Payee, including for the following purposes: 
  

	 	•	 	 Repaying the principal and interest due on each due date; and 

  

	 	•	 	 Paying any insufficient fund fees, late payment fees, default fees, and any other applicable fees. 

 I (we) acknowledge that provision and delivery of this Authorization to the Payee constitutes delivery by me (us) to my (our) Financial Institution. Any delivery of this
Authorization to you constitutes delivery by me (us). 
 I (we) certify that all information provided with respect to my (our) Account is accurate and I (we)
undertake to inform the Payee, in writing, of any change in the Account information provided in this Authorization prior to the next payment due date. 
 I
(we) acknowledge that my (our) Financial Institution is not required to verify that any payment was issued in accordance with the particulars of this Authorization, including, without limitation, the amount of any payment. 
 I (we) acknowledge that my (our) Financial Institution is not required to verify that any purpose of payment for which any payment was debited has been fulfilled by the
Payee as a condition to honoring the pre-authorized debit issued or caused to be issued by the Payee on my (our) Account. 
  

 B-1 

 Revocation of this Authorization does not terminate any contract for goods and services that exists between me (us) and
the Payee. This Authorization applies only to the payment method and does not otherwise have any bearing on the contract for goods or services exchanged. 
 I (we) understand that I (we) may dispute a pre-authorized debit if (i) the pre-authorized debit was not drawn in accordance with this Authorization or (ii) this Authorization was revoked. I (we) acknowledge that, in order to be
reimbursed, a declaration to the effect that either (i) or (ii) above took place, must be completed and presented to the branch of my (our) Financial Institution up to and including 90 calendar days in the case of a
“personal/household” pre-authorized debit, after the date on which the payment in dispute was posted to my (our) Account. I (we) acknowledge that a claim on the basis that my (our) authorization was revoked, or any other reason, is a
matter to be resolved solely between the Payee and me (us) when disputing any pre-authorized debit after 90 calendar days in the case of a “personal/household” pre-authorized debit. 
 I (we) understand and accept this pre-authorized debit plan and wish to enroll therein. 
 Furthermore, I (we) agree that the personal information I (we) provide through this Authorization will be used for the purposes identified above and may be disclosed to the Payee’s financial institution. The
physical file containing my (our) personal information, if any, will be kept at 1255 Roberts Boulevard, Suite 116 Kennesaw, GA 30144. Only the employees, agents and representatives of the Payee who require it in the course of their duties and the
Payee’s financial institution will have access to the personal information contained in my (our) file. I (we) understand that I (we) have the right to request access to the file containing my (our) personal information and the correction of
inaccurate or obsolete information by contacting the Payee at customersupport@ioucentral.com. I (we) understand that the personal information I (we) provide through this Authorization is governed by the terms of the Payee’s Privacy Policy
located at [INSERT LINK TO PRIVACY POLICY], and recognize that I (we) have read, understood and agreed to the terms of the Payee’s Privacy Policy. 
 PAYEE: 
 IOU Central Inc.
 1255 Roberts Blvd,
Suite 116 
 Kennesaw, GA 30144 
 IDENTIFICATION OF PAYOR:

  

	
	Mr./Ms./Mrs.
	  

	Last Name, First Name
	  

	Address Line 1

  

 B-2 

	
	  

	Address Line 2
	  

	City & Postal Code
	  

	Name & Transit No. of Financial Institution
	  

	Account No.
	  

  

	
	Signature(s) (as it/they appear(s) on the account):
	
	  

	
	  

 Date:
                     
  

 B-3 

 EXHIBIT C 
 IOU CENTRAL INC. 
 PRIVACY POLICY 
 Introduction. IOU Central Inc. (“IOU Central,” “our,” “us” or “we”) takes steps intended to meet privacy principles and requirements under applicable privacy legislation
with respect to personal information. Personal information is information about an identifiable individual, as more particularly described under applicable privacy legislation. The purpose of this Privacy Policy is to inform our registered users and
other individuals we deal with (“you” or “your”) how we collect, use, disclose and protect personal information. This Privacy Policy does not apply to information about our employees or to information that is not personal
information. 
 Personal Information We Collect. IOU Central and its agents and representatives collect personal information about you from various
sources (including, without limitation, from credit reporting agencies, creditors, and businesses and financial institutions with which you have had a financial relationship) and in a number of circumstances in the course of the retail lending
services we provide on the IOU Central loan marketplace (the “loan marketplace”). Personal information we collect includes, without limitation: 
  

	 	•	 	 your name, address, e-mail address, Internet Protocol address, telephone number, and other contact information; 

  

	 	•	 	 financial information, such as your bank name and your bank account number, credit bureau reports concerning you, credit reports prepared by personal information
agents, and other reports concerning your credit history and experience; 

  

	 	•	 	 other financial or personal information about you, such as your income, your employment, your assets and liabilities, and your financial condition;

  

	 	•	 	 your social security number; 

  

	 	•	 	 information that we may compile in connection with your activity on the loan marketplace, such as transaction or usage history and statistic log information or
community discussions; and 

  

	 	•	 	 such other information we may collect with your consent or as permitted or required by applicable law. 

 Use of Personal Information. We generally use personal information for the following purposes: 
  

	 	•	 	 to verify your identity in connection with our new user registration process; 

  

	 	•	 	 to manage and administer your account with IOU Central; 

  

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	 	•	 	 to facilitate the transactional process between financial institutions and between us and our registered users; 

  

	 	•	 	 if you are a registered borrower, to determine your credit grade, suggested interest rate and maximum loan amount; 

  

	 	•	 	 to prevent fraud, identity theft or illegal activities; 

  

	 	•	 	 to maintain our business records for reasonable periods and to generally manage and administer our business; and 

  

	 	•	 	 to meet legal, regulatory, insurance, audit, processing and security requirements imposed on us, which may include establishing and verifying your identity and
checking your identity against money laundering, terrorist financing or similar watch lists established by regulatory agencies or similar bodies in the United States. 

 We may also use your personal information in other manners with your consent or as permitted or required by applicable law. 
 Disclosure of Your Personal Information. We may disclose your personal information to our affiliates for internal audit, management, billing or administrative purposes. In addition, we may disclose your personal information in the
following circumstances: 
 Service Providers. We may disclose personal information to outside agents, representatives and service
providers (including affiliates of IOU Central acting in this capacity) that perform services on our behalf, such as website systems operators, credit reporting agencies, banks and collection agencies, or otherwise to collect, use, disclose, store
or process personal information on our behalf for the purposes described in this Privacy Policy. We take reasonable steps to ensure that personal information we disclose to these outside agents, representatives and service providers is protected and
not used or further disclosed for purposes other than as directed by us or as required by applicable law. 
 Legal, Regulatory, Etc. We may
disclose your personal information as necessary to meet applicable legal, regulatory, industry self-regulatory, insurance, audit and security requirements and obligations, including as required by our outside agents, representatives and service
providers. 
 Business Transactions. Personal information may be used by us and disclosed to third parties in connection with certain
business transactions, including, without limitation, in connection with a proposed or actual financing of IOU Central or a sale, assignment or other disposal of all or part of our business or assets. In that case, personal information may be
disclosed to third parties for the purpose of, among others, evaluating and consummating the proposed transaction, or fulfilling reporting, due diligence, inspection or audit requirements or obligations to those parties. Assignees or successors of
IOU Central or any part of our business or assets may use and disclose your personal information for similar purposes as those described in this Privacy Policy. 
  

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 General. We may otherwise disclose your personal information with your consent or as permitted or required
by applicable law. 
 Disclosure of Certain Credit Data and Registered Borrower Loan Status Information. If you elect to register as a borrower on the
loan marketplace and successfully complete our underwriting process, you will be eligible to make a posting on the loan marketplace for a registered borrower loan. Your posting will be displayed publicly on the loan marketplace, although certain
information is only viewable by registered lenders. However, your posting will appear under your IOU Central screen name and not your real name, and you are not permitted to use your real name or other personally identifiable information in your
posting. In order to protect your privacy, you should choose an IOU Central screen name that does not closely resemble your real name. 
 Information in your
posting that will be displayed publicly on the loan marketplace includes the following: 
  

	 	•	 	 you requested loan amount and loan term; 

  

	 	•	 	 your credit grade; 

  

	 	•	 	 your suggested interest rate and annual percentage rate for the loan; 

  

	 	•	 	 your self-reported intended use of proceeds; 

  

	 	•	 	 your self-reported income; 

  

	 	•	 	 your debt-to-income ratio; 

  

	 	•	 	 your self-reported home ownership status; 

  

	 	•	 	 your self-reported job title and tenure; 

  

	 	•	 	 the number of registered lenders who have placed bids to purchase Borrower Payment Dependent Notes (“Notes”) that are dependent for payment on payments we
receive on your registered borrower loan; and 

  

	 	•	 	 total funding that has been committed by registered lenders to purchase Notes that are dependent for payment on payments we receive on your registered borrower
loan. 

 Information in your posting that will be displayed only to registered lenders includes the following credit history information
from your credit report that we will obtain from a consumer reporting agency: 
  

	 	•	 	 your earliest credit line; 

  

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	 	•	 	 your number of open credit lines; 

  

	 	•	 	 your total number of credit lines; 

  

	 	•	 	 your revolving credit balance; 

  

	 	•	 	 your revolving line utilization; 

  

	 	•	 	 the number of credit inquiries received by the consumer reporting agency within the past three months; 

  

	 	•	 	 the number of reported delinquencies in the past two years; 

  

	 	•	 	 the length of time (in months) since your last reported delinquency; 

  

	 	•	 	 the number of 30, 60 and 90+ days’ past-due delinquencies in the credit file in the last 24 months.. 

 If your registered borrower loan is closed and funded, we will display your registered borrower loan status information for registered lenders who
purchased Notes that are dependent for payment on payments we receive on your registered borrower loan. We will notify such registered lenders when you become 15 days delinquent in a loan payment on your registered borrower loan. 
 The Internet and Our Website. We operate and control the loan marketplace through our website at www.ioucentral.com. 
 Cookies. We may use “cookie” files to enhance the use of our website and the loan marketplace for our registered users and other users. A
“cookie” is a small text file placed on a computer’s hard drive by our web page server in order to recognize that a user has previously visited our website and to apply the configuration preferences that the user has chosen. Other
than the information provided by a user, cookie files do not contain information that can be used to identify an individual user. You can disable cookies using your Internet browser’s settings and you should consult your browser’s help
function for information on how to disable cookies. Please note that if you disable cookies, certain features of our website may not function properly. We do not require anyone to accept cookies in order to use our website or the loan marketplace.

 E-mail Policy. Once you complete new user registration and your IOU Central account is created, we will use your e-mail address to contact
you regarding your IOU Central account and transactions you engage in on the loan marketplace. We will also use your e-mail address to contact you for other registered user service and support purposes. In addition, we will use your e-mail address
to answer your e-mail and registered user service and support inquiries and requests. In order to provide consistent and high-quality registered user service and support, we may store any correspondence with you in a file specific to you.
Furthermore, we will use your e-mail address to provide you with e-mail updates regarding changes to our Privacy Policy and changes or enhancements to the loan marketplace. 
  

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 No Third-Party Marketers. We do not sell, rent or trade your personal information to third parties or marketing
firms for their promotional purposes. We do send communications periodically to inform you of the status of transactions or events related to your IOU Central account and your use of our website and the loan marketplace. Some of these communications
are required in connection with transactions you are considering or have concluded through the loan marketplace. 
 Your Consent. Your consent to the
collection, use and disclosure of personal information may be given in various ways. Your consent can be express (e.g., orally, electronically or on a form you may sign describing the intended uses and disclosures of personal information) or implied
(e.g., when you provide information necessary for a service or transaction you have requested). In certain circumstances, you may provide your consent where notice has been provided to you regarding our intended use of your personal information and
you have not withdrawn your consent for the intended use (e.g., when you do not elect an “opt-out” option). Your consent may also be given by your authorized representative, such as your legal guardian or a person having a power of
attorney. Generally, by providing us with your personal information, we will assume that you consent to our collection, use and disclosure of such information for the purposes identified or described in this Privacy Policy, if applicable, or
otherwise at the time of collection.  
 You may withdraw your consent to our collection, use and disclosure of personal information at any time, subject
to contractual and legal restrictions and reasonable notice. Please note that if you withdraw your consent to certain uses of your personal information, we may no longer be able to provide certain of our services and you may not be eligible to
participate on the loan marketplace as a registered user. In addition, please note that where we have provided (or are providing) services to you, your consent will be valid for so long as necessary to fulfill the purposes described in this Privacy
Policy or otherwise at the time of collection, and you may not be permitted to withdraw consent to certain necessary uses and disclosures (e.g., maintaining reasonable business and transaction records and reporting on credit information after credit
has been granted, if applicable). 
 We collect, use and disclose your personal information with your consent, except as permitted or required by applicable
law. We may be required or permitted under certain statutes or regulations to collect, use or disclose personal information without your consent, including, without limitation, to comply with a court order, local or federal regulations or a legally
permitted inquiry by a government or law enforcement agency, or to collect a debt owed to us, our agents, representatives and service providers, or another registered user. 
 Security. We take reasonable steps to protect your personal information using physical, electronic or procedural security measures appropriate to the sensitivity of the information in our custody or control,
which may include secure web pages, encryption, password intrusion detection systems and firewalls as described below: 
  

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 Secure Web Pages. All of the pages on our website that ask for your personal information are
transferred to your browser through HTTPS, a secure server communications protocol. You can verify this encryption by checking for the key (Netscape) or lock (Internet Explorer) icon on your browser. If your browser’s security feature has been
turned on, a pop up box will notify you when you enter a secure page. 
 Encryption. When you send your personal information to us, it is
protected by SSL (Secure Sockets Layer) Technology. SSL does not allow anyone to read your personal information. When you transmit your information to us, SSL encrypts it (translates the data into a string of gibberish characters) and only we can
decode the encryption. 
 Firewall Protection. Your financial information is encrypted and backed up every day. In the unlikely event that our
website is “hacked,” your data will remain secure. 
 Password Protection. To retrieve information about your status as a registered
user on the loan marketplace and your transactions, you are required to enter both a password and your user name. 
 These safeguards are used to protect
against loss or theft, as well as unauthorized access, disclosure, copying, use or modification of your personal information. In addition to the security features we have implemented in our systems, the security of your personal information relies
on you safeguarding your password. Accordingly, you may not share your password with anyone. 
 Our authorized employees, agents and parties to a contract of
work or services with us who require access to your personal information in order to fulfil their job requirements or contracts will have access to your personal information. 
 Access, Correction and Contacting Us. You can access and review the personal information you submit to us at any time through your IOU Central account. To make changes to your personal profile information, log
in to your IOU Central account using your user name and password. Click on “My Info” in the “My Profile” section and make changes to your profile as necessary. 
 We may establish and maintain a file of your personal information for the purposes described in this Privacy Policy, which will be accessible by you at our operational offices at 1255 Roberts Boulevard, Suite 116
Kennesaw, GA 30144. You may request access to your file or correction of any inaccuracies in your personal information in our possession, or held by the personal information agent who prepared a credit report on you. Your right to access or correct
your personal information is subject to applicable legal restrictions. If you wish to request access or correction of your file, or to make inquiries or complaints or have other concerns about our personal information practices, you may e-mail us at
customersupport@ioucentral.com or write to us at the above address, Attention: Privacy Department. 
 Note Regarding Children Under 18. Users of our
website and loan marketplace must be U.S. residents that are 18 years of age or older. Additional requirements apply to registered users. 
  

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 Helpful Tips on Protecting Your Personal Information. Set forth below are several tips intended to help you
protect your personal information: 
 IOU Central Screen Name. Your IOU Central screen name is what users of our website and loan marketplace
use to identify you. In order to protect your privacy, you should choose a screen name that does not closely resemble your real name. 
 Password
Protection. It is a good practice to select a password for your IOU Central account that is a unique combination of letters, numbers and symbols. Your password should not be predictable or easy to guess. A good practice is to change your
password periodically, such as every 90 days. 
 Discussion Forums. If you use the Discussion Forums on our website, you should be aware that
any personally identifiable information you submit on a Discussion Forum can be read, collected, or used by other users of the Discussion Forum, and could be used to send you unsolicited messages. We do not monitor or mask personally identifiable
information that may appear on the Discussion Forums, so if you choose to put personal information on a Discussion Forum you do so at your own risk. 
 Identity Theft. If you think your identity has been stolen, contact all three credit-reporting agencies listed below to put a fraud alert on your credit report: 
  

	 	•	 	 TransUnion (www.transunion.com) 

  

			
	Phone:	  	1-800-680-7289
		
	E-mail:	  	fvad@transunion.com
		
	Mail:	  	TransUnion
		  	P.O. Box 6790
		  	Fullerton, CA 92834

  

	 	•	 	 Equifax (www.equifax.com) 

  

			
	Phone:	  	1-888-766-0008
		
	Mail:	  	Equifax Credit Information Services, Inc
		  	P.O. Box 740241
		  	Atlanta, GA 30374

  

	 	•	 	 Experian (www.experian.com) 

  

			
	Phone:	  	1-888-397-3742

 After you contact all three credit-reporting agencies, you should check your credit report again in 30 to 60
days for any new signs of identity theft or records that still need to be removed. You should also file a police report with your local enforcement agency. A police report is helpful 

  

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when dealing with creditors as you challenge inquiries to your credit report or accounts opened fraudulently in your name. You should also keep records of
all actions you have taken and letters you have written regarding your identity theft. 
 Privacy Policy Changes. We reserve the right to modify this
Privacy Policy at any time and from time to time, so please review it frequently. If we decide to change any of our privacy policies, we will post those changes to this Privacy Policy, our website home page, and other places we deem appropriate so
that you are aware of what information we collect, how we use it, and under what circumstances, if any, we disclose it. If we make material changes to this Privacy Policy, we will notify you by e-mail or by means of a notice on our website site home
page. Your continued provision of personal information or use of our website or the loan marketplace following any change to this Privacy Policy constitutes your acceptance of any such change. 
 For additional information, or if you have any questions regarding this Privacy Policy or the privacy practices of IOU Central, please submit your questions or comments
via e-mail to customersupport@ioucentral.com. You can also send written questions or comments to us at 1255 Roberts Boulevard, Suite 116, Kennesaw, GA 30144, Attention: Privacy Department. 
 TRUSTe Web Privacy Seal Program. We are a licensee of the TRUSTe Web Privacy Seal Program. TRUSTe is an independent, non-profit organization whose mission is to
build user’s trust and confidence in the Internet by promoting the use of fair information practices. This Privacy Policy covers our website at www.ioucentral.com. Because we want to demonstrate our commitment to your privacy, we have agreed to
disclose our information practices and have our privacy practices reviewed for compliance by TRUSTe. 
 If you have questions or concerns regarding this
Privacy Policy, you should first contact us via e-mail at customersupport@ioucentral.com or write to us at the mailing address shown above. If you do not receive acknowledgement of your inquiry or your inquiry has not been satisfactorily addressed,
you should contact TRUSTe through the TRUSTe Watchdog Dispute Resolution Process at http://www.truste.org/consumers/watchdog_complaint.php. TRUSTe will then serve as a liaison with us to resolve your concerns. 
  

 C-8 

 EXHIBIT D 
 IOU CENTRAL INC. 
 CONSENT TO ELECTRONIC TRANSACTIONS AND DISCLOSURES 
 Introduction. To the extent permitted by applicable law, IOU Central Inc. (“IOU Central,” “we” or “us”) will provide all disclosures
and notices to you in electronic form, including, without limitation, the credit-related disclosures required by the Truth in Lending Act, any notices (e.g., adverse action and privacy policy notices) required by the Fair Credit Reporting Act and
the Equal Credit Opportunity Act, and the Gramm-Leach-Bliley Act, and their implementing regulations. For purposes of this Consent to Electronic Records (this “Consent”), these disclosures and notices are referred to as
“Records.” This Consent informs you of your rights when Records will be provided to you electronically. By consenting below, you acknowledge receipt of this Consent and agree to sign and receive Records electronically. 
 Hardware and Software Requirements. The Records will be provided to you either on the IOU Central website at http://www.ioucentral.com, in an email message, or as
an attachment to an email message sent to the email address you provide as part of your new user registration. To access the Records, you will need Adobe Acrobat Reader version 7 or higher, and a personal computer or other access device which is
capable of accessing the Internet. To retain the Records, your access device must have the ability to either download the Records to your computer’s hard drive or print the Records. 
 Right to Withdraw Consent and Procedures for Withdrawal. You may withdraw your consent to receive the Records electronically at any time, or update your contact information at any time, by emailing
customersupport@ioucentral.com, or writing to IOU Central Inc., 1255 Roberts Boulevard, Suite 116, Kennesaw, GA 30144, Attention: Operations Department, and withdrawing your consent or providing your updated contact information. 
 Consent Applies to Credit Transactions. Your Consent will apply to any credit transaction you request with IOU Central which may give rise to the obligation to
provide the Records. 
 Right to Paper Records and Copies of Records. You have the right to have the Records provided to you in paper form, rather
than electronic form. If you wish to obtain the Records in paper form, please contact us by emailing customersupport@ioucentral.com, or writing to IOU Central Inc., 1255 Roberts Boulevard, Suite 116, Kennesaw, GA 30144, Attention: Operations
Department. In such a case, we will provide a paper copy of the Records to you at no charge. 
  ̈ I AGREE. BY CHECKING
THIS BOX, I AGREE TO SIGN AND RECEIVE RECORDS ELECTRONICALLY AND CONFIRM THAT I WILL DOWNLOAD OR PRINT THE RECORDS RECEIVED FOR MY FILES. (Your new user registration cannot be completed if you do not agree). 
  

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