Document:

EXHIBIT 10.1

	 	 
	 	DATED OCTOBER 7, 2014	 

 

		(1)	certain shareholders of

 

management
diagnostics limited d/b/a boardex

 

		(2)	management diagnostics limited d/b/a boardex

 

		(3)	THE DEAL, LLC

 

		(4)	THESTREET, inc.

 

	
         

        Agreement
        for the sale and purchase of

        shares in the capital of Management

        diagnostics Limited

         

 

 

 

Orrick, Herrington & Sutcliffe
(Europe) LLP

107 Cheapside

London EC2V 6DN

tel +44 (0) 20 7862 4600

fax +44 (0) 20 7862 4800

 

    	 

    	 

    

 

Table
of Contents

 

	Clause	Page
	 	 	 
	1.	INTERPRETATION	2
	 	 	 
	2.	CONDITIONS PRECEDENT	16
	 	 	 
	3.	SALE AND PURCHASE	17
	 	 	 
	4.	CONSIDERATION	18
	 	 	 
	5.	COMPLETION	21
	 	 	 
	6.	ADDITIONAL CONSIDERATION DEDUCTIONS	22
	 	 	 
	7.	TERMINATION	26
	 	 	 
	8.	INTERIM PERIOD	27
	 	 	 
	9.	WARRANTIES	29
	 	 	 
	10.	INDEMNITIES	31
	 	 	 
	11.	LIMITATIONS	31
	 	 	 
	12.	COVENANTS	32
	 	 	 
	13.	TAX AFFAIRS	34
	 	 	 
	14.	FURTHER ASSURANCE	34
	 	 	 
	15.	ASSIGNMENT	34
	 	 	 
	16.	ANNOUNCEMENTS	35
	 	 	 
	17.	CONFIDENTIALITY	36
	 	 	 
	18.	NOTICES	37
	 	 	 
	19.	APPOINTMENT OF PROCESS AGENTS	38
	 	 	 
	20.	ENTIRE AGREEMENT AND BUYER'S REMEDIES	39
	 	 	 
	21.	SELLERS' REPRESENTATIVE	39
	 	 	 
	22.	GENERAL	41
	 	 	 
	23.	GUARANTEE	43
	 	 	 
	24.	GOVERNING LAW	45

 

    	 

    	 

    

 

	Schedule 1 THE SELLERS	44
	 	 
	Part 1 THE SPECIFIED SHAREHOLDERS	44
	 	 
	Part 2 THE MINORITY SHAREHOLDERS	52
	 	 
	Part 3 THE OPTION SELLERS	69
	 	 
	Schedule 2 THE COMPANY	71
	 	 
	Schedule 3	74
	 	 
	THE SUBSIDIARIES	74
	 	 
	Part 1	74
	 	 
	BoardEx India Private Limited	74
	 	 
	Part 2	75
	 	 
	BoardEx LLC	75
	 	 
	Part 3	76
	 	 
	BoardEx.Com Limited (Dormant)	76
	 	 
	Part 4	77
	 	 
	BoardEx Limited (Dormant)	77
	 	 
	Part 5	78
	 	 
	MDL ESOP Limited	78
	 	 
	Part 6	79
	 	 
	BoardEx (Philippines), Inc (Being Dissolved)	79
	 	 
	Schedule 4 Closing Statement	80
	 	 
	Part 1 BASIS OF PREPARATION	80
	 	 
	Part 2 MANNER OF PREPARATION	82
	 	 
	Part 3 PRO FORMA CLOSING STATEMENT	85
	 	 
	Schedule 5   Earn-OUT	86
	 	 
	Part 1 Earn-out Amount	86
	 	 
	Part 2 Earn-out Statement	87

 

    	ii

    	 

    

 

 

	Part 3 Preparation of Earn-out Statement	89
	 	 
	Part 4 Conduct of Business	90
	 	 
	Schedule 6 WARRANTIES	91
	 	 
	Part 1 Title and Capacity Warranties of the Specified Shareholders	91
	 	 
	Part 2 General Warranties of the Warrantors	92
	 	 
	Part 3 Tax Warranties	113
	 	 
	Schedule 7 TAX COVENANT	114
	 	 
	Schedule 8 LIMITATIONS	115
	 	 
	Schedule 9 COMPLETION	120
	 	 
	Schedule 10 PAYMENT SCHEDULE	123
	 	 
	Schedule 11 THE TRANSACTION DOCUMENTS	127
	 	 
	Schedule 12 THE PROPERTIES 	128

 

AGREED FORM DOCUMENTS

 

Consultancy Agreements

 

Management Accounts

 

ANCILLARY DOCUMENTS

 

Reconciled Accounts

 

Interim Financial Statements

 

    	iii

    	 

    

 

AGREEMENT

 

	DATED	2014

 

PARTIES

 

		(1)	THE PERSONS whose respective names and addresses are set out in Schedule 1 Part 1 (the "Specified
Shareholders");

 

		(2)	MANAGEMENT DIAGNOSTICS LIMITED D/B/A BOARDEX, a private company limited by shares registered
in England with number 3714017 whose registered office is at Elizabeth House, 5th Floor, York Road, London SE1 7NQ of
which brief particulars are set out in Schedule 2 (the "Company");

 

		(3)	THE DEAL, LLC a Delaware limited liability company, whose principal office is at 14 Wall
Street, 15th Floor, New York, NY 10024 (the "Buyer"); and

 

		(4)	THESTREET, INC. a Delaware corporation, whose principal office is at 14 Wall Street, 15th
Floor, New York, NY 10024 ("TST" or the "Guarantor").

 

RECITALS

 

		A.	WHEREAS, the Specified Shareholders collectively hold in excess of 80% of the issued share
capital of the Company;

 

		B.	WHEREAS, the Buyer has made an offer (the "Offer") to the Specified Shareholders
to purchase the entire issued share capital of the Company at a price equal to (i) $20,000,000 in cash payable to holders
of the Class A Shares, Class B Shares and Preferred Shares (each as defined below) and (ii) $2,500,000 in cash payable to holders
of the Class C Shares (as defined below), on the terms and subject to the conditions set forth in the offer letter delivered to
the Specified Shareholders (the "Offer Letter") on 6 October 2014 (the "Offer Date");

 

		C.	WHEREAS, the Specified Shareholders wish to sell their Shares to the Buyer in accordance
with the terms of the Offer and they have requested that the Buyer extend the terms of the Offer to all shareholders of the Company
as required by article 15 of the Articles (as defined below);

 

		D.	WHEREAS, the Buyer has extended the Offer to all the Sellers who are not Specified Shareholders;
and

 

		E.	WHEREAS, the Buyer wishes to purchase all of the outstanding share capital of the Company
and the Specified Shareholders wish to sell to the Buyer the Shares (as defined below) which they own on the terms and subject
to the conditions set forth herein.

 

NOW
THEREFORE, in consideration of the foregoing and the mutual covenants and agreements contained herein, and intending
to be legally bound hereby, the Parties hereto agree as follows:

 

    	 

    	 

    

 

OPERATIVE PROVISIONS

 

		1.	INTERPRETATION

 

		1.1	In this agreement, the following words and expressions shall have the following meanings unless
the context otherwise requires:

 

"2017 Financial Statements" means
the audited consolidated financial statements of TST for the year ended 31 December 2017 prepared in accordance with US GAAP;

 

"Accounts"
means:

 

		(a)	the audited consolidated balance sheet of the Target Group as at the Balance Sheet Date; and

 

		(b)	the audited consolidated profit and loss account of the Target Group for the financial year ended
on the Balance Sheet Date,

 

in each case, prepared in
accordance with UK GAAP and including, the relative notes and directors' and auditors reports;

 

"Additional Consideration
Deductions" has the meaning set out in clause 4.2;

 

"Adjusted Consideration"
has the meaning set out in clause 4.1(a);

 

"Adjustment Date"
means the fifth (5th) Business Day following the date on which the Closing Statement is agreed or determined in accordance
with Schedule 4;

 

"Adjustment Payment"
means an amount, if any, payable on the Adjustment Date, in accordance with clause 4.5;

 

"Affiliate"
means, in relation to any Party which is a company, any subsidiary undertaking or parent undertaking of that Party and any subsidiary
undertaking of any such parent undertaking, in each case from time to time;

 

"Agreed Form"
means, in relation to a document, the form of that document which has been negotiated and agreed between the Sellers' Representative
and the Buyer and initialled by or on behalf of each of them as evidence of that agreement;

 

"Anti-corruption Laws"
means the Bribery Act, the US Foreign Corrupt Practices Act of 1977 ("FCPA"), and all other anti-bribery or anti-corruption
laws applicable to the business of the Target Group;

 

"Appointing Party"
has the meaning set forth in clause 19.1;

 

"Articles"
means the Articles of Association of the Company adopted on 28 June 2012;

 

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"Associated Person"
means in relation to a company, a person (including an employee, agent or subsidiary) who performs or has performed services for
or on that company's behalf;

 

"Balance Sheet Date"
means 31 December 2013;

 

"Break Fee"
has the meaning set out in clause 2.4;

 

"Bribery Act"
means the UK Bribery Act 2010;

 

"Business Day"
means a day (not being a Saturday or a Sunday) on which banks generally are open in New York and London for the transaction of
normal banking business;

 

"Buyer's Group"
means TST and its Affiliates for the time being other than the Target Companies and the expression "member of the Buyer's
Group" shall be construed accordingly;

 

"Claim" means
any claim for breach of the Warranties other than the Tax Warranties and the Title Warranties;

 

"Class A Shares"
means the A ordinary shares of £0.10 each in the capital of the Company;

 

"Class B Shares"
means the B ordinary shares of £0.10 each in the capital of the Company;

 

"Class C Shareholder"
means each holder of the Class C Shares;

 

"Class C Shares"
means the C ordinary shares of £0.10 each in the capital of the Company;

 

"Closing Adjustment
Amount" means the amount, which may be positive or negative, equal to (i) the difference between Working Capital and the
Working Capital Target (for these purposes, the difference shall be expressed as a positive sum if Working Capital is greater than
(i.e. less negative than) the Working Capital Target and as a negative sum if less than (i.e. more negative than) the Working Capital
Target) plus (ii) the Indebtedness Amount, plus (iii) the Licence Adjustment Amount.

 

"Closing Statement"
means the statement as at the last Business Day of the month prior to the Completion Date in the form set out in Part 3 of
Schedule 4, which is to be prepared in accordance with the provisions of and on the bases set out in Parts 1 and 2 of that
Schedule;

 

"Companies Act"
means the Companies Act 2006;

 

"Company's Transaction
Expenses" means any fees and expenses (together with any VAT properly charged thereon but only to the extent that such
VAT is irrecoverable) due to the Company's advisors and agents and the Sellers' Representative, including the fees and expenses
of the Sellers' Solicitors, the Company's accountants and the Company's financial advisors, the Payment Agent and the Escrow Agent
and including an amount of $150,000 as an advance for future advisor fees and expenses;

 

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"Completion"
means completion of the transactions contemplated by this agreement, as provided for in clause 5 and Schedule 9;

 

"Completion Date"
has the meaning set out in clause 5.1;

 

"Completion Payments"
means the payments to be made on the Completion Date in accordance with Schedule 10;

 

"Conditions"
means the conditions precedent to Completion set out in clauses 2.1 and 2.2 and "Condition" shall be interpreted
accordingly;

 

"Consideration"
means the aggregate of (i) $20,000,000 in cash payable to the holders of the Class A Shares, the Class B Shares and the Preferred
Shares and (ii) $2,500,000 in cash payable to the holders of the Class C Shares, less the Consideration Deductions and less the
Escrow Amount, as the resulting amount may be adjusted in accordance with clause 4.3(b);

 

"Consideration Deductions"
means the aggregate of the following amounts:

 

		(a)	an amount in US dollars equal to the stamp duty payable on the purchase of the Shares, currently
estimated at $112,500;

 

		(b)	the cost of the Insurance Policy, which cost shall not exceed $100,000 in the aggregate;

 

		(c)	an amount in US dollars equal to the Company's Transaction Expenses where, to the extent required,
such expenses are converted into US dollars at the Exchange Rate on the day of Completion; and

 

		(d)	$60,000;

 

"Consultancy Agreements"
means the consultancy agreements between TST and each of Richard MacWilliams and Chantry Professional Services Limited to be entered
into as of the Completion Date, each in the Agreed Form and attached hereto as Appendix 1 and Appendix 2 respectively;

 

"Covenantor"
means James Daly and Richard MacWilliams, each of whom are holders of Class C Shares;

 

"CTA 2009"
means the Corporation Tax Act 2009;

 

"CTA 2010"
means the Corporation Tax Act 2010;

 

"Databases"
means all databases used in the business of or maintained by any Target Company;

 

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"Data Protection Laws"
means, where applicable to the Target Company, the Data Protection Act 1998, the Data Protection Directive (95/46/EC), the Regulation
of Investigatory Powers Act 2000, the Telecommunications (Lawful Business Practice) (Interception of Communications) Regulations
2000 (SI 2000/2699), the Electronic Communications Data Protection Directive (2002/58/EC), the Privacy and Electronic Communications
(EC Directive) Regulations 2003 (SI 2426/2003) (as amended in 2009) and all applicable laws and regulations relating to the processing
of Personal Data and privacy and the equivalent of any of the foregoing in any relevant jurisdiction (whether mandatory or not);

 

"Data Subject"
means a person that is identifiable from the Personal Data;

 

"Deferred Shares"
means the deferred shares of £0.001 each in the capital of the Company arising on the conversion of the Class A Shares, Class
B Shares and Preferred Shares in accordance with the Articles;

 

"Disclosed"
means fairly disclosed to the Buyer in the Disclosure Letter with sufficient detail to allow the Buyer to make an informed assessment
of the nature and scope of the matters, facts or circumstances disclosed;

 

"Disclosure Letter"
means the disclosure letter dated as of the date of this agreement from the Warrantors to the Buyer;

 

"Due Date"
means in respect of any sum payable or obligation to be performed under this agreement or any of the other Transaction Documents,
the day specified for the payment to be made or that obligation to be performed or, if that day is not a Business Day, the next
following Business Day;

 

"Earn-out Amount"
means an aggregate amount payable post-Completion to those Sellers who held Class A Shares, Class B Shares or Preferred Shares
at the Completion Date, determined in accordance with Schedule 5 and subject to adjustment in accordance with clause 6.4;

 

"Earn-out Payment
Date" has the meaning set out in paragraph 4 of Part 1 of Schedule 5;

 

"Employees"
means those individuals employed by the Target Group at the date of this agreement;

 

"Encumbrance"
means any interest or equity (whether known about or not) of any person (including any right to acquire, option or right of pre-emption
or conversion) or any mortgage, charge, pledge, lien, assignment, hypothecation, security interest, title retention or any other
security agreement or arrangement or any agreement to create any of the above;

 

"Environment"
means the natural and man-made environment, including all or any of the following media, namely air (including the air within buildings
or other natural or man-made structures above or below ground), water (including water under or within land or drains or sewers)
and land and any living organisms (including man) or systems supported by those media;

 

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"Environmental Consents"
means any Permit required under Environmental Laws for the carrying on of the business of the Target Group or the use of, or any
activities or operations carried out at, any of the Properties;

 

"Environmental Laws"
means all international, European Union, national, state, federal, regional or local laws (including common law, statute law, regulations,
secondary legislation, by-laws, civil law, criminal law and judgments and decisions of any court or tribunal), codes of practice
or guidance notes which are in force and binding at the date of this agreement and relate to Environmental Matters;

 

"Environmental Matters"
means all matters relating to the control of Hazardous Substances or waste, pollution or protection of the Environment and/or the
health and wellbeing of human beings and other living things;

 

"Escrow Account"
means the interest-bearing deposit account in the joint names of the Buyer and the Sellers' Representative to be funded at Completion
in accordance with Schedule 10 and the Escrow Agreement;

 

"Escrow Agent"
means ABN AMRO BANK N.V.;

 

"Escrow Agreement"
means the escrow agreement to be entered into by the Buyer, the Company and the Sellers' Representative on or before the Completion
Date;

 

"Escrow Amount"
means an amount in cash equal to $1,500,000 subject to adjustment in accordance with clause 4.4;

 

"Estimated Adjusted
Consideration" has the meaning set out in clause 5.2;

 

"Escrow Balance"
means the balance standing to the credit of the Escrow Account as of a given date;

 

"Estimated Closing
Statement" has the meaning set out in clause 5.2;

 

"Exchange Rate"
means in respect of a particular currency for a particular date, the US dollar exchange rate last published in The Wall Street
Journal (Europe Edition);

 

"Expiry Date"
has the meaning set out in clause 6.3(b);

 

"FA" means
the Finance Act;

 

"FSMA" means
the Financial Services and Markets Act 2000;

 

"Full Title Guarantee"
means with the benefit of the implied covenants set out in Part 1 of the Law of Property (Miscellaneous Provisions) Act 1994 when
a disposition is expressed to be made with full title guarantee;

 

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"Governmental Entity"
means any supra-national, national, state, municipal or local government (including any subdivision, court, administrative agency
or commission or other authority of the same) or any quasi-governmental, industry or trade or private body exercising any regulatory
or quasi-regulatory, taxing, importing or other governmental or quasi-governmental power or authority, including securities exchanges,
competition authorities and the European Union;

 

"GS" means
Goldman Sachs Strategic Investments (U.K.) Limited;

 

"Hardware"
means any and all computer, telecommunications and network equipment, operation user and maintenance manuals, and associated documentation
but does not include Software;

 

"Harm" means
harm to the Environment, and in the case of man includes offence caused to any of his senses or harm to his property;

 

"Hazardous Substances"
means any material, substance or organism which, alone or in combination with others, is capable of causing Harm;

 

"HMRC" means
Her Majesty's Revenue & Customs and, in respect of any time before the establishment of Her Majesty's Revenue & Customs,
references to HMRC shall be construed, as the context shall require, to include references to the Inland Revenue and/or Customs
and Excise;

 

"IHTA" means
the Inheritance Tax Act 1984;

 

"Income Tax Act"
means the Income Tax Act 2007;

 

"Income, Profits or
Gains" means income, profit, gains or any other consideration, value, receipt or measure by reference to which tax is
chargeable or assessed;

 

"Indebtedness"
means any obligation for the payment or repayment of money, whether as principal or as surety and whether present or future, actual
or contingent, incurred in respect of (a) money borrowed or raised, (b) any bond, note, loan stock, debenture or similar instrument,
(c) acceptance or documentary credit facilities and (d) rental payments, underleases and hire purchase agreements and instalments
under conditional sale agreements (in all cases whether in respect of land, machinery, equipment or otherwise) entered into primarily
as a method of raising finance or of financing the acquisition or use of the asset concerned, but for the avoidance of doubt excluding
the agreements between the Company and Charterhouse Voice and Data PLC for the provision of telephone call routing and line rental
dated 12 March 2012 and 29 October 2013, but excluding always trade creditors and deferred income of any member of the Target Group
and any liabilities taken into account in Working Capital;

 

"Indebtedness Amount"
means, as at the last Business Day of the month prior to the Completion Date, the aggregate Indebtedness of the Target Group stated
in US dollars and stated as a negative number;

 

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"Indemnity Claim"
means a claim for breach of any of the indemnities in clause 10;

 

"Indian
Tax Claim" means the Assessment Orders received from the Indian Tax Department for the assessment year 2006/07
dated 24 March 2014 and for the assessment year 2010/11 dated 27 March 2013;

 

"Insurance Policy"
means the Warranty and Indemnity Liability Insurance Policy for Buyers underwritten by Pembroke syndicate 4000 at Lloyd's to be
entered into by the Buyer as of the date hereof;

 

"Intellectual Property
Rights" means patents, trade marks, service marks, logos, get-up, trade names, trade secrets, internet domain names, rights
in designs, copyright (including rights in computer software) and moral rights, database rights, utility models, rights in know-how
and other intellectual property rights, in each case whether registered or unregistered, and all rights or forms of protection
having equivalent or similar effect anywhere in the world and "registered" includes applications for registration;

 

"Interim
Financial Statements" means the unaudited consolidated balance sheet of the Target Group as at 30 June 2014 and the related
unaudited profit and loss account for the Target Group as at 30 June 2014, prepared in accordance with UK GAAP and attached
to this agreement as Appendix 3;

 

"Interim Period"
means the period commencing on the exchange of this agreement and ending on the earlier of (i) the Completion Date and (ii) the
date on which this agreement terminates (or is terminated) in accordance with its terms;

 

"IRS" means
the US Internal Revenue Service;

 

"IRS Claim"
means the claim by the IRS contained in the notice CP2030 dated 8 September 2014 for additional taxes payable by the Company relating
to the 2012 tax year;

 

"IRS Claim Supplement"
means an amount equal to $1,119,065;

 

"IT Contracts"
means arrangements and agreements in respect of any element of, or services relating to, the IT Systems including leasing, hire-purchase,
licensing, maintenance and services agreements;

 

"IT Systems"
means the Hardware, Software, communications networks, telephone switchboards, microprocessors and firmware and other information
technology equipment which are owned or used by any Target Company;

 

"ITEPA 2003"
means the Income Tax (Earnings and Pensions) Act 2003;

 

"Laws" means
any statute, law, code, judicial decision, judgment, rule, regulation, ordinance, order, decree, injunction or other pronouncement
of any Governmental Entity having the effect of law;

 

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"Liability
Amount" means, as applicable (i) an amount equal to the liability of the Warrantors, the Company and/or the Sellers’
Representative in respect of any Relevant Claim that is finally decided other than any Title Claim or (ii) an amount equal to the
liability of the Specified Shareholders in respect of any Title Claim that is finally decided;

 

"Licence
Adjustment Amount" means the difference, whether positive or negative, between the Licence Shortfall Estimate and the
Licence Shortfall Amount;

 

"Licence
Shortfall Amount" means the actual cost of purchasing additional Microsoft licences required for the business of the Target
Group, subject to adjustment for the licence term;

 

"Licence
Shortfall Estimate" means $100,500;

 

"Long Stop Date"
means 2 January 2015 or such later date as the Buyer and the Sellers' Representative shall agree in writing;

 

"Losses"
in respect of any matter, event or circumstance includes all demands, claims, actions, proceedings, damages, payments, losses,
costs, expenses or other liabilities (including all interest, penalties and, to the extent reasonably and properly incurred, legal
and other professional costs and expenses) arising or incurred in connection with such matter, event or circumstance, together
with any applicable VAT thereon but only to the extent that such VAT is irrecoverable;

 

"Management Accounts"
means the unaudited consolidated management accounts of the Target Group for each complete month for the period from the Balance
Sheet Date to Completion in the Agreed Form and prepared in accordance with UK GAAP;

 

"Material Adverse
Change" means any event, change, occurrence or development that individually or when taken together with all other events,
changes, occurrences or developments, has a material adverse effect on the business, assets, liabilities, operations or the financial
condition and results of operations of the Target Group as a whole or the ability of the Specified Shareholders to perform
their obligations under this agreement, provided that none of the following (individually or collectively) shall represent a "Material
Adverse Change":

 

		(a)	any fact or matter disclosed in the Disclosure Letter;

 

		(b)	any natural disaster, pandemic, act of terrorism,
sabotage, armed hostility, military action or act of God, or any escalation or worsening of any of the foregoing; 

 

		(c)	any change in stock markets, interest rates, exchange rates, commodity prices or other general
economic conditions;

 

		(d)	any change generally affecting the industry or sector in which the business carried on by the Company
operates;

 

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		(e)	any change in laws, regulation, published policy of a Tax Authority, rates of Taxation or published
accounting standards; or

 

		(f)	a breach of this agreement by the Buyer except to the extent such breach is caused by any Seller;

 

"Minority Shareholders"
means those shareholders of the Company as at the date of this agreement other than the Specified Shareholders;

 

"Offer" has
the meaning set out in the Recitals;

 

"Offer Date"
has the meaning set out in the Recitals;

 

"Offer Letter"
has the meaning set out in the Recitals;

 

"Offer Period"
means the 15 business day period commencing on the date the Offer is extended to the Minority Shareholders in accordance with the
Articles;

 

"Option"
means, in relation to each Option Seller, the option granted by the Trustee to that Option Seller and to be exercised prior to
Completion over the number of Option Shares set out alongside that Option Seller's name in Schedule 1 Part 3;

 

"Option Holder"
means any holder of an option to acquire shares in the Company that has not otherwise been exercised, lapsed or waived as at the
Offer Date;

 

"Option Seller"
means each Seller identified in Schedule 1 Part 3;

 

"Option Shares"
means 13,307 of the Class B Shares held by the Trustee;

 

"Parties"
means the parties to this agreement and "Party" means any of them;

 

"Payment Agent"
means ABN AMRO Bank N.V.;

 

"Payment Agreement"
means the Payment Agent agreement to be entered into by the Buyer, the Company, the Sellers’ Representative and the Payment
Agent on or before Completion;

 

"Payment Schedule"
means the Schedule of Payments to be made on the Completion Date and prepared in accordance with Schedule 10;

 

"Pension Schemes"
means the Group Personal Pension scheme Scottish Life the contributions paid to the
personal pension arrangements of certain Employees of each Target Company, and the US 401K retirement benefits scheme;

 

"Permit"
means an authorisation, certificate, approval, permit, licence, registration or consent issued by a Governmental Entity;

 

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"Permitted Encumbrance"
means any lien or equivalent arising as a result of the operation of law or any retention of title arrangements operating by virtue
of the standard terms of suppliers;

 

"Personal Data" means data which
relate to an individual who can be identified from that data or is otherwise considered personal data or personally identifiable
information under Data Protection Laws;

 

"Preferred Shares"
means the preferred ordinary shares of £0.10 each in the capital of the Company;

 

"Properties"
means the properties referred to in Schedule 12 and "Property" means any of them;

 

"Reconciled
Accounts" means the Target Group’s (a) audited consolidated balance sheet as at 31 December 2013 and related
audited profit and loss accounts as at 31 December 2013 and (b) the unaudited consolidated balance sheet as at 30 June 2014 and
the related unaudited profit and loss account, in each case, prepared in accordance with UK GAAP and converted into US dollars
and US GAAP, including the related notes to the adjustments thereon and report from Grant Thornton UK LLP contained in Appendix
4 to this Agreement;

 

"Releases"
means the releases to be given by each of (i) Olswang LLP and (ii) Broadhaven Securities, LLC in favour of the Company at
Completion acknowledging that the payments received by the releasing party are in full and final satisfaction of all amounts owing
by the Company to such party in connection with the Transaction;

 

"Relevant Business"
has the meaning set out in clause 12.4(b);

 

"Relevant Claim"
has the meaning set out in clause 6.5(a);

 

"Relief"
means any relief, allowance or credit in respect of any tax or any deduction in computing income, profits or gains for the purposes
of any tax;

 

"Returns"
has the meaning set out in paragraph 2.1 of Part 3 of Schedule 4;

 

"SEC" means
the US Securities and Exchange Commission;

 

"Securities Act"
means the US Securities Act of 1933, as amended;

 

"Sellers"
means the Specified Shareholders, the Minority Shareholders and, if different, the Option Sellers and "Seller"
means any of them;

 

"Sellers' Representative"
means Richard MacWilliams or such other person as shall have been appointed to replace him in accordance with clause 21;

 

"Sellers' Solicitors"
means Olswang LLP;

 

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"Settlement Agreements"
means the settlement agreements between the Company and each of Richard MacWilliams and James Daly to be entered into as of the
date hereof and subject to and conditioned upon Completion;

 

"Shares"
means the shares, comprising the entire issued share capital of the Company, details of which are set out in Schedule 2;

 

"Software"
means any and all computer programs whether in source or object code form, including all modules, routines and sub-routines thereof
and all related source and other preparatory materials including user requirements, functional specifications and programming specifications,
ideas, principles, programming languages, algorithms, flow charts, logic, logic diagrams, orthographic representations, file structures,
coding sheets, coding and including any manuals or other documentation relating thereto and computer generated works;

 

"Subsidiaries"
means the companies brief particulars of which are set out in Schedule 3 and "Subsidiary" means any of them;

 

"Surviving Provisions"
means clauses 1 (Interpretation), 2.4 (Break Fee), 16 (Announcements), 17 (Confidentiality), 18 (Notices), 20 (Entire Agreement),
21 (Sellers' Representative), 22 (General) and 24 (Governing Law);

 

"Target Companies"
or "Target Group" means the Company and the Subsidiaries, "Target Company" means any of them
and the expression "relevant Target Company" shall be construed accordingly;

 

"Taxable Consideration"
means, in relation to the individual in question, the individual's proportionate share of the Estimated Adjusted Consideration
plus their proportionate share of the Escrow Amount plus, in the case of the Option Sellers only, the Company's best estimate (which
shall be reasonably satisfactory to the Buyer) of the market value, as at Completion, of the Option Seller's right to share in
the Earn-Out Amount);

 

"tax" or
"taxation" means all forms of taxation, duties, imposts, levies and rates of the United Kingdom or any other jurisdiction
whenever and wheresoever charged, imposed or deducted, or otherwise payable as a consequence of any direction or order of any Tax
Authority, together with all charges, interest, penalties and fines imposed by a Tax Authority which are incidental or relate to
or arise in connection with any and all such taxes, duties, imposts, levies and rates including (without limitation) income tax,
PAYE, national insurance contributions, corporation tax, advance corporation tax, capital gains tax, value added tax, customs and
other import duties, stamp duty, stamp duty reserve tax, withholding tax, capital transfer tax and inheritance tax;

 

"Tax Authority"
means any taxing or other authority (whether within or outside the United Kingdom) competent to impose any tax liability;

 

"Tax Claim"
means a claim under Schedule 7 and/or for breach of any of the Tax Warranties;

 

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"Tax Covenant"
means the covenant set out in Schedule 7;

 

"Tax Warranties"
means the warranties set out in Schedule 6 Part 3;

 

"TCGA" means
the Taxation of Chargeable Gains Act 1992;

 

"Third Party Costs"
has the meaning set forth in clause 6.4(c).

 

"TIOPA" means
the Taxation (International and Other Provisions) Act 2010;

 

"Title Claim"
means a claim for a breach of any of the Title Warranties;

 

"Title Warranties"
means those warranties set out in Schedule 6 Part 1;

 

"TMA" means
the Taxes Management Act 1979;

 

"Total Consideration"
has the meaning set out in clause 4.1;

 

"Transaction"
has the meaning set out in clause 3.1;

 

"Transaction Documents"
means this agreement and the other documents listed in Schedule 11;

 

"Trustee"
means MDL ESOP Limited in its capacity as trustee of the employee benefit trust operated by the Company;

 

"UKET Clearance"
means a clearance application submitted by or on behalf of any of the Buyer or any Target Company to H.M. Revenue & Customs
in relation to the question of whether UK Employment Taxes are properly due in respect of the Earn-out Amount or any part of it;

 

"UK Employment Taxes"
means income tax and employee national insurance contributions, whether or not accountable for under the PAYE system, which arise
by reference to or in connection with the employment or deemed employment of any person;

 

"UK GAAP"
means generally accepted accounting principles of the United Kingdom, including all applicable Statements of Standard Accounting
Practice, Financial Reporting Standards and Urgent Issues Taskforce Abstracts issued or adopted by the Accounting Standards Board
and the requirements of the Companies Act as in effect as at the Balance Sheet Date;

 

"UK Target Company"
means a Target Company which is, or at any time since incorporation has been, resident in the United Kingdom for tax purposes;

 

"US GAAP"
means generally accepted accounting principles of the United States;

 

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"VAT" means
value added tax chargeable in accordance with VATA as well as value added tax (by whatever name known) charged in accordance with
equivalent legislation application in any jurisdiction other than the United Kingdom;

 

"VAT Group"
means the Company and any person grouped with it for the purposes of sections 43-43D VATA;

 

"VATA" means
the Value Added Tax Act 1994;

 

"Warranties"
means the warranties set out in Schedule 6Part 2;

 

"Warrantors"
means James Daly, Richard MacWilliams, Neil Davies and Cameron Ireland;

 

"Working Capital"
means, as at the last Business Day of the month prior to Completion, the aggregate working capital of the Target Group stated in
US dollars as of such date, calculated in accordance with Schedule 4 and consistent with the illustrative pro forma calculations
of Working Capital as set forth on Schedule 4 Part 3;

 

"Working Capital Supplement"
means the amount (if any) by which Working Capital, as set forth in the Estimated Closing Statement, exceeds (i.e. is less negative
than) the Working Capital Target; and

 

"Working Capital Target"
means -$2,100,000 (i.e. minus two million one hundred thousand dollars).

 

		1.2	In this agreement, unless the context otherwise requires:

 

		(a)	a reference to a person shall be construed so as to include any individual, firm, body corporate
(wherever incorporated), government, state or agency of a state or any joint venture, association, partnership, works council or
employee representative body (in each case whether or not having separate legal personality);

 

		(b)	references to "this agreement" shall include the Recitals and Schedules to it,
which form part of this agreement, and references to clauses, the Recitals and Schedules are to clauses of and the Recitals and
Schedules to this agreement;

 

		(c)	the headings are inserted for convenience only and shall not affect the construction of this agreement;

 

		(d)	words in the singular shall include the plural and vice versa;

 

		(e)	a reference to one gender includes all genders;

 

		(f)	references to times of the day are to London time unless otherwise stated and references to a day
are to a period of 24 hours running from midnight to midnight;

 

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		(g)	references to any English legal term for any action, remedy, method or judicial proceeding, legal
document, legal status, court, official or any legal concept or thing shall, in respect of any jurisdiction other than England,
be deemed to include that which in that jurisdiction most nearly approximates to the English legal term in question;

 

		(h)	references to "£" or "sterling" are references to the lawful
currency from time to time of the United Kingdom and references to "$", "dollars", "USD"
or "US$" are to U.S. dollars, the lawful currency of the United States;

 

		(i)	references to an "associate" or a "connected person" in relation
to another person are references to a person who is an associate of or connected with the other person within the meaning of section
448 of the CTA 2010 or sections 1122 and 1123 of the CTA 2010 as appropriate;

 

		(j)	references to statutory provisions shall be construed as references to those provisions as respectively
amended, consolidated, extended or re-enacted from time to time before the date of this agreement and shall include the corresponding
provisions of any earlier legislation (whether repealed or not) and any orders, regulations, instruments or other subordinate legislation
made from time to time before the date of this agreement under the statute concerned;

 

		(k)	unless otherwise specifically provided in this agreement, references to any monetary sum expressed
in a dollar amount shall, where such sum is referable in whole or part to a particular jurisdiction, be deemed to be a reference
to an equivalent amount in the local currency of that jurisdiction translated at the Exchange Rate at the relevant date specified
in this agreement;

 

		(l)	where it is necessary to determine whether a monetary limit or threshold set out in Schedule 8
has been reached or exceeded (as the case may be) and the value of any of the relevant claims is expressed in a currency other
than dollars, the value of each such claim shall be translated into dollars at the Exchange Rate on the date of receipt of written
notification of such claim in accordance with Schedule 8;

 

		(m)	any statement qualified by the expression "to the best of the Warrantors' knowledge"
or "so far as the Warrantors are aware" or any similar expression shall mean that the Sellers are deemed to have,
when making the statement, the knowledge which they would have had if they had made due and careful inquiry of Greg Wood, Dominick
Sutton, Naomi Kent, Lesley John-Baptiste, Janice Gordene and Mir Fida Hussain and is deemed to include a further statement that
due and careful enquiry has been made and each Warrantor is deemed to have the knowledge which each other Warrantor has or is deemed
to have;

 

		(n)	a reference to "includes" or "including" will be construed as
"includes without limitation" or "including without limitation" (as the case may be);

 

    	15

    	 

    

 

		(o)	general words shall not be given a restrictive meaning by reason of their being preceded or followed
by words indicating a particular class or examples of acts, matters or things;

 

		(p)	if a period of time is specified and dates from a given day or the day of an act or event, it will
be calculated exclusive of that day; and

 

		(q)	references to the "Escrow Amount", other than in clause 4.4(b), and "sums standing
to the credit of the Escrow Account" shall be construed as excluding the IRS Claim Supplement (with, for the avoidance doubt,
the amount of the IRS Claim Supplement in the Escrow Account being subject to the provisions of Clause 6.3 but not otherwise being
subject to deduction or withholding pursuant to any of the provisions of Clauses 6.2, 6.3 (other than Clauses 6.3(d) and 6.3(e)
which shall apply), 6.4 or 6.5).

 

		2.	CONDITIONS PRECEDENT

 

		2.1	The provisions of clause 3 (Sale and Purchase), clause 4 (Consideration) and clause 5 (Completion)
are conditional on the following having occurred on or before 5:00 p.m. on the Long Stop Date:

 

		(a)	the Buyer having extended the terms of the Offer to the Minority Shareholders in accordance with
article 15.1.2 of the Articles and the Offer Period having expired;

 

		(b)	the Offer having been accepted by the holders
of at least 80% of the outstanding Shares of the Company; and

 

		(c)	save for the Option Sellers in respect of the Options, no Option Holder shall have exercised any
options to acquire shares in the Company on or after the Offer Date.

 

		2.2	The Buyer's obligations in clause 3 (Sale and Purchase), clause 4 (Consideration) and clause 5
(Completion) are additionally conditioned upon:

 

		(a)	no Minority Shareholder having (i) commenced proceedings to injunct or prevent implementation of
the transactions contemplated by this agreement or (ii) notified the Company or the Buyer in writing that it intends to commence
such proceedings and the Buyer, acting reasonably, having determined that such Minority Shareholder is reasonably likely to commence
such proceedings, in each case prior to the Expiration of the Offer Period;

 

		(b)	all outstanding options to acquire Shares granted to current or former employees of the Target
Group shall have been exercised, lapsed or waived prior to the Offer Date or, prior to the Offer Date, shall have been exercised
or waived conditional on Completion;

 

		(c)	each of the Warranties being true and correct as of the date of this agreement and at Completion
as though made on and as at Completion, except where a breach of Warranty would not, individually or in the aggregate, constitute
a Material Adverse Change and each of the Title Warranties being true and correct at Completion as though made on and as at Completion;

 

    	16

    	 

    

 

		(d)	the Warrantors and the Company shall have
complied with their obligations in clause 8.1 in all material respects; and

 

		(e)	since the Balance Sheet Date, there having been no Material Adverse Change.

 

		2.3	The Buyer and the Sellers' Representative shall keep each other fully informed of all progress
and developments with regard to satisfaction of the Conditions and shall notify the other promptly in writing as soon as it becomes
aware that any of the same have been satisfied or have become incapable of satisfaction and shall produce to the other such documentation
as may be reasonably required to evidence any such satisfaction.

 

		2.4	If this agreement terminates pursuant to
clause 7.1 by reason of the Conditions in any of clause 2.1(c), 2.2(a) or 2.2(b) not being satisfied, the Company shall pay the
sum of $500,000 to the Buyer (the "Break Fee"). The Parties agree that the Break Fee represents a reasonable
pre-estimate of the Buyer's losses related to costs incurred investigating and negotiating the Transaction, including advisors'
fees and expenses, in the event the Transaction fails to complete in accordance with the terms of this agreement.

 

		(a)	The Company shall pay the Break Fee to TST for and on behalf of the Buyer no later than seven (7)
days after the date on which it becomes payable under this clause 2.4.

 

		(b)	All sums payable by the Company pursuant to this clause 2.4 shall be paid free and clear of any
deductions, withholdings, set offs or counterclaims, save only as may be required by law.

 

		2.5	If by 5:00 p.m. on the Long Stop Date (i) any of the Conditions in clause 2.1 shall not have been
satisfied or waived in writing by the Sellers' Representative and the Buyer, or (ii) any of the Conditions in clause 2.2 shall
not have been satisfied or waived in writing by the Buyer, this agreement shall terminate (unless previously terminated in accordance
with clause 7.1) and have no further force or effect and no Party shall have any liability in respect of it, except for any antecedent
breach of this clause 2 or as otherwise set forth in clause 2.4 and the Surviving Provisions shall survive such termination and
continue in full force and effect.

 

		3.	SALE AND PURCHASE

 

		3.1	Subject to clause 3.4, each of the Specified Shareholders agrees to sell to the Buyer the number
of Shares set opposite such Specified Shareholder's name in Schedule 1 Part 1 and the Buyer agrees to purchase such Shares from
the respective Specified Shareholders free from all Encumbrances and, together with the benefit of all rights attaching to them
with effect from Completion, including all rights to dividends and other distributions, and (without limitation to the foregoing)
otherwise with Full Title Guarantee on and subject to the terms of this agreement and to purchase the remaining shares from the
Minority Shareholders at the conclusion of the Offer Period, in each case (the "Transaction").

 

    	17

    	 

    

 

		3.2	Each of the Specified Shareholders undertakes to waive, or to procure the waiver of, all pre-emption
and similar rights over the Shares or any of them to which they, or any person, may be entitled under the articles of association
of the Company or otherwise prior to or in consequence of the sale or transfer of the Shares from the Sellers to the Buyer.

 

		3.3	Nothing in this agreement shall oblige the Buyer to buy any of the Shares or any Specified Shareholder
to sell any of the Shares or the Buyer or any Specified Shareholder to complete the Transaction unless the sale and purchase of
all of the Shares is completed at the same time.

 

		3.4	As at Completion, the Trustee will hold the legal title to the Option Shares as nominee and on
bare trust for the Option Sellers. The Trustee confirms that it has irrevocable authority from each of the Option Sellers to sell
the Option Shares to the Buyer under the terms of the Offer and this agreement. The Trustee irrevocably directs the Buyer, subject
to and in accordance with the terms of this agreement, to pay that portion of the Total Consideration due to the Option Sellers
in respect of the Option Shares.

 

		4.	CONSIDERATION

 

		4.1	The total consideration for the Shares (the "Total Consideration") shall consist
of:

 

		(a)	the Consideration as adjusted by the Closing
Adjustment Amount (the "Adjusted Consideration" (subject to clause 6));

 

		(b)	the Escrow Amount (and interest accruing on it in the Escrow Account) but only to the extent that
it is to be released to the Payment Agent for and on behalf of the Sellers pursuant to clause 6; and

 

		(c)	the Earn-out Amount, if any

 

less any
Additional Consideration Deductions. The Total Consideration shall be allocated among the Sellers in accordance with their respective
entitlements as set out in Schedule 1. The Sellers' Representative shall instruct the Payment Agent to make payments under the
Payment Agreement to each of the Specified Shareholders in accordance with their respective entitlements as set out in Schedule
1.

 

		4.2	Subject to clause 6.1, the Buyer shall be entitled to deduct (i) the amount of any Adjustment Payment
due from the Sellers pursuant to clause 4.5(b) and (ii) the Liability Amount for each Relevant Claim finally decided in favour
of the Buyer pursuant to clauses 6.3(a) or 6.4(b) (such deductions collectively, "Additional Consideration Deductions")
from the Total Consideration. Any sum so deducted by the Buyer shall be deemed to reduce the Total Consideration due to the Sellers
hereunder.

 

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		4.3	Subject to clauses 4.10 and 4.11, the Total Consideration shall be satisfied as follows:

 

		(a)	by payments of the Estimated Adjusted Consideration to the Payment Agent for and on behalf of the
Sellers;

 

		(b)	if and to the extent payable to the Sellers
in accordance with clause 4.5(a), by payment of the Closing Adjustment Amount to the Payment Agent for and on behalf of the Sellers;

 

		(c)	by payment of the Escrow Balance, if any, to the Payment Agent for and on behalf of the Sellers
in accordance with clause 6.3; and

 

		(d)	subject always to clause 6.4, by the payment of the Earn-out Amount, if any, to the Payment Agent
for and on behalf of the relevant Sellers.

 

		4.4	On Completion, the Buyer shall make the
Completion Payments in accordance with the Payment Schedule; provided that the Escrow Amount payable into Escrow Account
at Completion shall be adjusted as follows:

 

		(a)	If Working Capital as set forth in the Estimated Closing Statement is greater than (i.e. less negative
than) the Working Capital Target, the Escrow Amount shall be increased by the Working Capital Supplement.

 

		(b)	If and to the extent the Company has not received written confirmation that the IRS Claim has been
fully and finally decided at least two Business Days prior to Completion, the Escrow Amount shall be increased by the IRS Claim
Supplement.

 

		4.5	On the Adjustment Date, subject always to clause 6.2:

 

		(a)	If the amount of the Adjusted Consideration
determined as final and binding in accordance with Schedule 4 exceeds the Estimated Adjusted Consideration, the Buyer shall pay
to the Payment Agent for and on behalf of the Sellers an aggregate amount equal to the excess. The Adjustment Payment shall
be allocated among the Sellers in accordance with their respective entitlements set forth in Parts 1 or 2 as applicable of Schedule
1.

 

		(b)	If the amount of Adjusted Consideration
determined as final and binding in accordance with Schedule 4 is less than the Estimated Adjusted Consideration, the Buyer shall
be entitled to deduct from the amount standing to the credit of the Escrow Account, and be paid therefrom, an aggregate amount
equal to the shortfall. If the Adjustment Payment is due to the Buyer pursuant to this clause 4.5(b), the Sellers' Representative
shall procure that the amount of such payment shall be satisfied by the release of monies from the Escrow Account.

 

    	19

    	 

    

 

		4.6	On the Earn-out Payment Date and subject
always to clause 6, the Buyer shall pay to the Payment Agent for and on behalf of the Sellers, in cash (subject to the withholding
of any amount which is required by law to be withheld on account of tax, including but not limited to amounts due on account of
UK Employment Taxes) the Earn-out Amount, if greater than zero, in accordance with Schedule 5. The Earn-out Amount, if any, shall
be allocated among the relevant Sellers in accordance with the applicable earn-out percentage set out opposite such Seller's name
in Parts 1 or 2 as applicable of Schedule 1. For the avoidance of doubt, the Trustee shall be entitled to receive that portion
of the Earn-out Amount set opposite its name in Part 1 of Schedule 1, and Class C Shareholders shall not be entitled to receive
any portion of the Earn-out Amount. Part 4 of Schedule 5 shall apply with effect from Completion. The Parties acknowledge and agree
that, as at the date of this Agreement, they do not consider that any UK Employment Taxes will be due to HMRC as a consequence
of the payment of the Earn-out Amount.

 

		4.7	If the Buyer, in its reasonable judgment, decides to apply for a UKET Clearance on or prior to
1 January 2018, the Buyer undertakes to procure that:

 

		(a)	any such UKET Clearance is first submitted to the Sellers' Representative for review and comment
prior to being submitted to H.M. Revenue & Customs;

 

		(b)	the Sellers' Representative and his duly appointed agents and advisers shall be permitted a reasonable
period of time in which to provide such review and comment; and

 

		(c)	Buyer shall use reasonable endeavours to incorporate reasonable comments of the Sellers' Representative
timely notified to the Buyer into the UKET Clearance prior to its submission to H.M. Revenue & Customs.

 

		4.8	The Total Consideration shall be deemed
to be reduced by an amount equal to the aggregate amount (if any) paid by the Sellers to the Buyer under or pursuant to all Title
Claims and the aggregate amount of all deductions by the Buyer made pursuant to clause 4.2; provided that the Total Consideration
shall not be deemed to be reduced below zero.

 

		4.9	Nothing in clause 4.8 shall be treated as limiting the amount that the Buyer may recover from the
Sellers under any provision of this agreement.

 

		4.10	The Option Sellers hereby agree that the
following amounts shall be deducted or withheld by the Paying Agent from the portion of Estimated Adjusted Consideration each Option
Seller is due to receive(as set out alongside the Option Seller's name in column 3 of Part 3 of Schedule 1):

 

		(a)	an amount equal to the aggregate exercise
price that each of the Option Sellers has irrevocably undertaken to pay to the Trustee in order to exercise his Option prior
to Completion (as set out alongside the Option Seller's name in column 4 of Part 3 of Schedule 1); and

 

    	20

    	 

    

 

		(b)	an amount equal to the Company's good faith
estimate (which estimate shall be reasonably satisfactory to the Buyer) of the amount by which the Taxable Consideration payable
to such Option Seller in respect of their Option Shares exceeds the aggregate exercise price that the Option Seller has irrevocably
undertaken to pay to the Trustee in order to exercise their Option prior to Completion (as set out alongside the Option Seller's
name in column 4 of Part 3 of Schedule 1),

 

and the
amounts withheld pursuant to clause 4.10(a) shall be paid to the Trustee and the amounts withheld pursuant to clause 4.10(b) shall
be paid to the Company (as set out in the Payment Schedule).

 

		4.11	An amount equal to the Company's good faith estimate (which estimate shall be reasonably satisfactory
to the Buyer) the Taxable Consideration that is payable to to each Class C Shareholder in respect of their Class C Shares shall
be withheld from the Estimated Adjusted Consideration that is payable to such Class C Shareholder in respect of their C Shares
and such withheld amounts shall be paid to the Company (as set out in the Payment Schedule).

 

		4.12	As soon as reasonably practicable after Completion, and in any event within 30 days, the Company
shall:

 

		(a)	apply the amounts withheld pursuant to clause 4.10(b) (and received by the Company pursuant to
clause 4.10) in discharging UK Employment Taxes arising in connection with the exercise of the Options and, to the extent that
the liability of an Option Seller to pay any such UK Employment Taxes is less than the amount deducted from such Option Seller’s
Estimated Adjusted Consideration pursuant to clause 4.10(b), the Company shall pay an amount equal to the difference to the relevant
Option Seller; and

 

		(b)	apply the amounts withheld pursuant to clause 4.11 (and received by the Company pursuant to clause
4.11) in discharging UK Employment Taxes arising in connection with the disposal of the C Shares by the Class C Shareholders and,
to the extent that the liability of a Class C Shareholder to pay any such UK Employment Taxes is less than the amount deducted
from such Class C Shareholder’s Estimated Adjusted Cash Consideration pursuant to clause 4.11, the Company shall pay an amount
equal to the difference to the relevant Class C Shareholder.

 

		5.	COMPLETION

 

		5.1	Completion shall take place at the offices
of Orrick, Herrington & Sutcliffe (Europe) LLP in London at 2:00 p.m. (with effect from 11:59 p.m.) on the later of (a) 31
October 2014 and (b) the last Business Day of the month occurring at least five (5) Business Days after the day upon which all
of the Conditions (other than those which can only be satisfied by their terms at Completion) have been satisfied or
waived, or at such other date and time as the Buyer and the Sellers' Representative may otherwise agree (the "Completion
Date").

 

    	21

    	 

    

 

		5.2	At least ten (10) Business Days before the
Completion Date, the Company shall prepare and deliver to the Buyer a written statement setting out the Company's good faith estimates
of (i) Working Capital, (ii) the Indebtedness Amount, (iii) the Licence Adjustment Amount, (iv) the Closing Adjustment Amount and
(v) the resulting calculation of the Adjusted Consideration (the "Estimated Adjusted Consideration") in the form
set out in Schedule 4 Part 3 which is to be prepared in accordance with the provisions of and on the bases set out in Parts 1
and 2 of that Schedule (the "Estimated Closing Statement"). Once it has received the Estimated Closing
Statement, the Buyer may request further information from the Company in order to review the Estimated Closing Statement.

 

		5.3	At least two Business Days prior to Completion

 

		(a)	the Company together with the Sellers' Representative
shall prepare and finalise the Payment Schedule to the reasonable satisfaction of the Buyer; and.

 

		(b)	the Buyer and the Sellers' Representative shall jointly notify the Paying Agent of the Completion
Date and the amount the Buyer shall pay to the Paying Agent one Business Day (as such term is defined in the Payment Agreement)
prior to Completion.

 

		5.4	Completion shall take place in accordance with Schedule 9 and each Party shall at Completion perform
all of the obligations which the provisions of Schedule 9 require it to perform.

 

		5.5	Following Completion, the Buyer and the Sellers' Representative shall procure that the Closing
Statement is prepared and agreed or determined (as the case may be) in accordance with Schedule 4.

 

		6.	ADDITIONAL CONSIDERATION DEDUCTIONS

 

		6.1	The Parties agree that the Additional Consideration
Deductions shall not exceed in aggregate the sum of (i) any Adjustment Payment due to the Buyer pursuant to clause 4.5(b), (ii)
the Escrow Amount and (iii) the Earn-out Amount, if any. Subject always to clause 7, the Buyer's entitlement to make deductions
in accordance with clause 4.5(b) and this clause 6 constitute the Buyer's sole recourse and remedy in respect of any entitlement
to receive an Adjustment Payment under clause 4.5(b) or in connection with any Relevant Claim, other than a Title Claim, which
has been finally decided (all other rights and remedies being waived by the Buyer). The Parties acknowledge that the Sellers have
no entitlement to any monies released to the Buyer from the Escrow Account or deducted by the Buyer in accordance with the terms
of this agreement.

 

		6.2	The Buyer shall be entitled to deduct any
Liability Amounts in respect of any Relevant Claims that are finally decided in favour of the Buyer prior to the Adjustment Date
from the Adjustment Payment to be paid to the Paying Agent for and on behalf of the Sellers pursuant to clause 4.5(a). To
the extent any such Liability Amount(s) exceed the amount of any Adjustment Payment due to the Sellers, the Buyer shall be entitled
to deduct the excess in accordance with clauses 6.3 and 6.4, subject to clause 6.1.

 

    	22

    	 

    

 

		6.3	Escrow

 

		(a)	The Buyer shall be entitled to the release
of funds from the Escrow Account in respect of any Additional Consideration Deductions due to it pursuant to clause 4.2. The Buyer
and the Sellers' Representative shall procure the release of funds from the Escrow Account to the Buyer in respect of (i) any Adjustment
Payment to be paid to the Buyer in accordance with clause 4.5(b), and (ii) the Liability Amount of any Relevant Claims which have
been finally decided in favour of the Buyer. If the Escrow Balance is less than the amount which the Buyer is entitled to
receive pursuant to this clause 6.3(a), the Buyer and the Sellers' Representative shall procure the release of the Escrow Balance
to the Buyer and the Buyer, as its remaining recourse, shall be entitled to deduct any remaining amount from the Earn-out Amount
in accordance with clause 6.4, subject to clause 6.1;

 

		(b)	On the second anniversary of the Completion Date (the "Expiry Date"):

 

		(i)	if there is no Relevant Claim outstanding
and which has not been finally decided, the Escrow Account Balance shall be released to the Payment Agent for and on behalf of
the Sellers; or

 

		(ii)	if any Relevant Claim remains outstanding
and which has not been finally decided and the Escrow Balance is greater than zero, an amount equal to the alleged amount of such
claim shall be retained in the Escrow Account (or the remaining balance, if less than such alleged amount) and the remainder (if
any) of the Escrow Account shall be released to the Payment Agent for and on behalf of the Sellers;

 

in each
case, in accordance with the terms of the Escrow Agreement.

 

		(c)	If and to the extent any amount is retained in the Escrow Account after the Expiry Date by reason
of clause 6.3(b), then promptly after all Relevant Claims outstanding on the Expiry Date are withdrawn or finally decided and all
monies required by clause 6.3(a) to be released to the Buyer in respect of the Relevant Claims have been released, the Escrow Balance
shall be released to the Payment Agent for and on behalf of the Sellers.

 

		(d)	The Sellers' Representative and the Buyer shall procure that joint instructions required to give
full effect to the provisions of this clause 6 are duly executed and delivered to the Escrow Agent in accordance with the Escrow
Agreement.

 

		(e)	Any monies to so released or paid to the Payment Agent shall be allocated among the Sellers in
accordance with their respective entitlements as set forth in Parts 1 or 2 as applicable of Schedule 1.

 

		(f)	If and to the extent the Escrow Amount is increased by the Working Capital Supplement in accordance
with clause 4.4(a) and on the Adjustment Date

 

    	23

    	 

    

 

		(i)	Working Capital as set forth in the Closing Statement equals or exceeds (ie is less negative than)
Working Capital as set forth in the Estimated Closing Statement, the Buyer and the Sellers' Representative shall procure that an
amount equal to the Working Capital Supplement is released to the Sellers from the Escrow Account; or

 

		(ii)	Working Capital as set forth in the Closing
Statement is less than Working Capital as set forth in the Estimated Closing Statement, the Buyer and the Sellers' Representative
shall procure that an amount equal to the difference between the Working Capital as set forth in the Estimated Closing Statement
and the Working Capital as set forth in the Closing Statement (which should be a positive number) is released from the Escrow Account
to the Buyer.

 

To the extent the amount released to the Buyer
pursuant to clause 6.3(f)(ii) is less than the amount of the Working Capital Supplement, the Buyer and the Sellers' Representative
shall procure that an amount equal to the difference between the Working Capital as set forth in the Closing Statement and the
Target Working Capital (which should be a positive number) is released to the Sellers from the Escrow Account.

 

As an example and for the avoidance of doubt,
if the Working Capital as set forth in the Estimated Closing Statement is -$1,500,000, the Working Capital Supplement would be
$600,000 (-$1,500,000 minus -$2,100,000). 

 

Then, if the Working Capital as set forth in the
Closing Statement is -$1,400,000, the Working Capital Supplement would be released to the Sellers, and the Buyer would make an
additional payment of $100,000 (-$1,400,000 minus -$1,500,000) to the Sellers.

 

However, if the Working Capital as set forth in
the Closing Statement is -$1,700,000, then $200,000 (-$1,500,000 minus -$1,700,000) would be released to the Buyer, and $400,000
(-$1,700,000 minus  -$2,100,000) would be released to the Sellers.

 

		(g)	Within 30 days from the date the IRS Claim is finally decided, the Buyer and the Sellers' Representative
shall procure

 

		(i)	that the liability amount of the Company for such IRS Claim (including interest and penalties and
reasonable advisors and legal fees and expenses) shall be released to the Buyer from the Escrow Account; and

 

		(ii)	to the extent that the IRS Claim Supplement exceeds the amount released to the Buyer pursuant to
clause 6.3(g)(i) or if the IRS Claim is decided on terms that no sum is payable to the IRS in connection therewith, that an amount
equal to the excess or as the case may be the entire IRS Claim Supplement, shall be released to the Sellers from the Escrow Account.

 

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		6.4	Earn-out

 

		(a)	Subject to clause 6.4(c), if at any time
prior to the Earn-out Payment Date any Relevant Claim has been finally decided in favour of the Buyer, the Buyer may deduct from
the Earn-out Amount the Liability Amount in respect of such Relevant Claim and may apply the amount so deducted in satisfaction
of such claim. 

 

		(b)	Subject to clause 6.4(c), if on the Earn-out
Payment Date any Relevant Claim remains outstanding and has not been finally decided, the Buyer is entitled to withhold from the
Earn-out Amount otherwise due pursuant to clause 4.6 an amount equal to the Buyer's good faith estimate of the Liability Amount
of such Relevant Claim. Any amount so withheld shall not then be due to the Sellers in question until and to the extent the Relevant
Claim is finally decided in favour of the relevant Sellers. If the Relevant Claim is finally decided in favour of the Buyer, in
respect of that Relevant Claim, the Buyer may deduct from any payment which would, but for the operation of this clause 6.4(b),
then be due in respect of the Earn-out Amount, the Liability Amount in respect of the Relevant Claim and may apply the amount so
deducted in satisfaction of that claim, and the balance (if any) of the amount withheld shall then become due to the Sellers in
question.

 

		(c)	If and to the extent any Relevant Claim may also be the subject of a claim under the Insurance
Policy, the Buyer shall first make a claim under the Insurance Policy in respect of that Relevant Claim and shall use all reasonable
endeavours to recover such claim (provided the Buyer shall not be obliged to commence legal proceedings against the insurers) prior
to deducting any monies from the Earn-out Amount pursuant to this clause 6.4. If the insurers refuse to make a payment under the
Insurance Policy in respect of that Relevant Claim the Buyer shall only be obliged to continue to claim against the insurers if
the Sellers' Representative requires it to do so and for and on behalf of some or all of the Specified Shareholders pays all third
party costs, fees and expenses incurred in making such claim (including without limitation legal fees and expenses). For the avoidance
of doubt, the Sellers’ Representative shall not be requested to pay the amount of any deductible under the Insurance Policy,
but without prejudice to any ability that the Buyer may have to make a deduction pursuant to clause 6.4(b) in respect of the amount
of that deductible. If any insurance claim is not finally decided on the Earn-out Payment Date, then the Buyer may deduct or withhold
any monies pursuant to clauses 6.4(a) or 6.4(b). For the avoidance of doubt, to the extent monies are withheld from the Earn-out
Amount in respect of any claim and the Buyer receives a payment under the Insurance Policy in respect of such claim, then the Buyer
shall pay to the Payment Agent, for and on behalf of the relevant Sellers the amount so received.

 

		6.5	For the purposes of this clause 6:-

 

		(a)	"Relevant Claim" shall mean any Claim, Title Claim, Tax Claim or Indemnity Claim
or claim for breach of clauses 8.1, 9.6, or 21.4;

 

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		(b)	a Relevant Claim must be notified by the Buyer to the Sellers' Representative, together with details
of the amount alleged to be due in respect of it, before the Expiry Date if it is to be capable of giving the Buyer rights under
and be subject to clause 6.3;

 

		(c)	a Relevant Claim shall be deemed to have been withdrawn if legal proceedings in respect of it shall
not have been commenced by being both issued and served on the Warrantors, on or before the expiry of the date falling 12 months
from the date on which the claim is notified to the Warrantors;

 

		(d)	a Relevant Claim shall be deemed to be finally decided if either:-

 

		(i)	so determined by a court of competent jurisdiction from which there is no appeal or from whose
judgment the applicable defendant(s) or the Buyer does not appeal within any applicable time limits (ignoring any extension of
time which any such court may be empowered to grant); or

 

		(ii)	the applicable defendant(s) and the Buyer shall so agree in writing.

 

		7.	TERMINATION

 

		7.1	The Buyer may, at any time prior to Completion, terminate this agreement if any of the Conditions
set forth in clause 2.1(c), 2.2(a) or 2.2(b) is not satisfied by 9:00 a.m. on the Completion Date or has, before that date, become
incapable of satisfaction.

 

		7.2	If the Buyer becomes entitled to exercise its right to terminate this agreement pursuant to clause
7.1 and:

 

		(a)	elects not do so, the waiver of that right shall not constitute a waiver of any other rights of
the Buyer arising out of any breach of the Warranties or any breach of clause 9.1 or otherwise; and

 

		(b)	elects to do so, such action shall waive all rights which the Buyer may have arising out of any
breach of the Warranties or any breach of clause 9.1 or otherwise.

 

		7.3	If on the Completion Date any Seller shall fail to comply in any material respect with its obligations
under Schedule 9 (other than for reason of the Buyer's failure to comply with Schedule 9), the Buyer may by notice in writing to
the Sellers' Representative:

 

		(a)	defer Completion to a date by up to 25 Business Days;

 

		(b)	proceed to Completion so far as practicable but without prejudice to its rights under this agreement;
or

 

		(c)	terminate this agreement.

 

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		7.4	If on the Completion Date the Buyer fails to comply in any material respect with its obligations
under Schedule 9 (other than for reason of any Seller's failure to comply with Schedule 9), the Sellers may by notice in writing
from the Sellers' Representative to the Buyer:

 

		(a)	defer Completion to a date by up to 25 Business Days;

 

		(b)	proceed to Completion so far as practicable but without prejudice its rights under this agreement;
or

 

		(c)	terminate this agreement.

 

		7.5	If this agreement is terminated pursuant
to this clause 7, it shall have no further force or effect and no Party shall have any liability in respect of it except as regards
any antecedent breach and save that the Surviving Provisions shall survive such termination and continue in full force and effect.
For the avoidance of doubt, nothing herein shall prejudice the Buyer's right to receive the Break Fee pursuant to clause 2.5.

 

		8.	INTERIM PERIOD

 

		8.1	During the Interim Period, the Warrantors and the Company shall:

 

		(a)	use all reasonable endeavours to ensure that the Target Group will, in reasonable consultation
with the Buyer, carry on business in the normal course and with a view to profit and not do anything outside the normal course
of its day to day trading in any material respect;

 

		(b)	promptly give, or procure to be given, to the Buyer and its advisers copies of all management reports
and financial reports following their preparation and such further information regarding the businesses, assets, liabilities, contracts
and affairs of the Target Group as the Buyer may reasonably require, together with access on reasonable notice and during normal
working hours to the Employees and the premises from which any Target Company operates; and

 

		(c)	procure that no Target Company shall, except with the prior written consent of the Buyer:

 

		(i)	dispose of or transfer, or agree to dispose of or transfer any business or part of any business
or any of its assets with a value, in any such case, in excess of $25,000;

 

		(ii)	acquire, or agree to acquire, any business or part of a business or any of its assets with a value,
in any such case, in excess of $25,000;

 

		(iii)	enter into any contract with a supplier with a value in excess of $20,000 or materially modify
or terminate any material rights under any such supplier contract with a value in excess of $20,000;

 

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		(iv)	enter into any contract with a customer with a value in excess of $50,000 or materially modify
or terminate any material rights under any such customer contract;

 

		(v)	enter into any licence in excess of $20,000 or materially modify or terminate any material licence;

 

		(vi)	create or permit to be created any Encumbrance over any of the shares in any of the Subsidiaries
or any of the assets of the Target Group (other than a Permitted Encumbrance);

 

		(vii)	engage or employ any person (except where such engagement commenced or an offer for such engagement
was made prior to the date of this agreement), other than in the ordinary course of business;

 

		(viii)	enter into any agreement, arrangement or understanding pursuant to which any Employee or officer
of the Target Group is entitled to any commission or bonus in respect of the transactions contemplated by this agreement;

 

		(ix)	terminate (other than for cause) the employment of any Employee whose remuneration is in excess
of $50,000 per annum;

 

		(x)	increase the remuneration of any Employee whose remuneration is in excess of $50,000 per annum;

 

		(xi)	in relation to the Employees, enter into any collective bargaining agreement, or materially modify
or terminate any material rights under any collective bargaining agreement subsisting at the date of this agreement;

 

		(xii)	enter into any joint venture, co-operation, consortium, partnership or similar agreement;

 

		(xiii)	grant any lease or licence for or in respect of any of the Properties other than the extension
of the lease at Elizabeth House;

 

		(xiv)	initiate any litigation, arbitration, prosecution or other legal proceedings (other than normal
debt collection in the ordinary course of business);

 

		(xv)	commit to make any expenditure on capital items which would exceed, in aggregate $25,000;

 

		(xvi)	cancel, release or assign any Indebtedness; or

 

		(xvii)	fail to take any action or pay any premium required to maintain any material insurance policies
in force at the date of this agreement in respect of any member of the Target Group or cancel any such policies;

 

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		(xviii)	resolve to change its name or to alter its memorandum or articles of association or byelaws or
any similar constitutional document;

 

		(xix)	allot or issue, or agree to allot or issue, any equity interests in any Target Company or any other
securities or grant or agree to grant rights which confer on the holder any rights to acquire any equity interests or other securities
in any Target Company other than on exercise of any share option granted before the execution of this agreement;

 

		(xx)	declare, pay or make any dividend or other distribution other than in the ordinary course of business;

 

		(xxi)	repay or redeem any of its share capital;

 

		(xxii)	reduce its share capital; or

 

		(xxiii)	resolve to be convened, or convene, any general meeting at which a resolution is to be proposed
that it will be voluntarily wound-up.

 

		8.2	Clause 8.1 shall not operate to restrict or prevent:

 

		(a)	the completion or performance of any obligations undertaken pursuant to any contract or arrangement
entered into by any member of the Target Group prior to the date of this agreement, provided that such contract or arrangement
was entered into in the ordinary and usual course of business and is Disclosed;

 

		(b)	any action provided for in this agreement or any of the other Transaction Documents; or

 

		(c)	any action to the extent required by law, regulation or any Government Entity (or at the request
of any Government Entity).

 

		8.3	Each Warrantor undertakes, in his capacity as a shareholder in the Company not to exercise the
voting rights attaching to his Shares so as to frustrate the transactions contemplated by this agreement.

 

		9.	WARRANTIES

 

		9.1	Each of the Specified Shareholders warrants to the Buyer as at the date of this agreement in the
terms of the Title Warranties, but only in respect of itself and/or its Shares. The Warrantors warrant to the Buyer in the terms
of the Warranties and the Tax Warranties as at the date of this agreement, save as Disclosed.

 

		9.2	The Warranties shall be deemed repeated by each of the Warrantors immediately before Completion
by reference to the then existing facts and circumstances, save as Disclosed.

 

		9.3	No information of which the Buyer, its agents or advisers has actual or constructive or imputed
knowledge shall affect or limit any Claim or claim for breach of a Tax Warranty or operate to reduce any amount recoverable thereunder.

 

    	29

    	 

    

 

		9.4	Subject always to clause 10, the Buyer shall not bring any Claim or claim for breach of any Tax
Warranty in respect of any matter or thing properly Disclosed to it or any Claim in respect of which it has actual knowledge as
at the date hereof.

 

		9.5	Each of the Warranties is given independently from and shall not be limited by reference to any
of the others of them nor anything else contained in the Transaction Documents.

 

		9.6	The Warrantors and the Company shall promptly
disclose to the Buyer in writing any matter or thing which becomes known to any of them before Completion, which is or could
reasonably be considered to be a breach of or render inaccurate or misleading the Warranties, Title Warranties or Tax Warranties
or which is or could reasonably be considered to be a breach of the covenants contained in clause 8.

 

		9.7	In the absence of fraud, each Warrantor irrevocably waives all rights and claims which he may have
against each Target Company and any of its officers and employees relating to any misrepresentation, inaccuracy or omission in
or from any information or advice given by it or any of its officers or employees to such Warrantors to enable him to give the
Warranties and/or to prepare the Disclosure Letter and/or to assume any of the obligations assumed or to be assumed by it under
or pursuant to any of the Transaction Documents.

 

		9.8	The only warranties given in relation to tax are the Tax Warranties, and the Title Warranties and
the Warranties shall not be deemed to be given in relation to tax.

 

		9.9	Each of the Buyer and TST warrants to the Specified Shareholders as at the date of this agreement
that:

 

		(a)	it is duly incorporated in its jurisdiction of organisation;

 

		(b)	it has full power and authority to enter into and perform this agreement and each of the other
Transaction Documents without the consent or approval of any third party (including its shareholders) and the provisions of this
agreement and each of the other Transaction Documents will, when executed, constitute valid and binding obligations on it, in accordance
with their respective terms;

 

		(c)	the execution and delivery of, and the performance by it of its obligations under, this agreement
and each of the other Transaction Documents do not and will not:

 

		(i)	conflict with or result in a breach of any provision of its memorandum or articles of association
or by-laws or any similar constitutional document, or any agreement binding on it; or

 

		(ii)	result in a breach of any order, judgment or decree of any court or Governmental Entity to which
it is a party or by which it is bound;

 

		(d)	save as expressly provided in the Transaction Documents, all Permits or filings with any Governmental
Entity and all agreements of any other person which are necessary for it, or the relevant member of the Buyer's Group, to obtain
in order to enter into and perform its obligations under this agreement and each of the other Transaction Documents in accordance
with their respective terms have been unconditionally obtained in writing; and

 

    	30

    	 

    

 

		(e)	there are no:

 

		(i)	judgments, orders, injunctions or decrees of any Governmental Entity or court or arbitration tribunal
outstanding against or affecting any member of the Buyer's Group;

 

		(ii)	law suits, actions or proceedings pending or, to the knowledge of the Buyer, threatened against
or affecting any member of the Buyer's Group; or

 

		(iii)	investigations by any Governmental Entity which are pending or threatened against any member of
the Buyer's Group;

 

and which, in any such case,
will have an adverse effect on its ability or the ability of the relevant member of the Buyer's Group to execute and deliver, or
perform, its obligations under this agreement or any of the other Transaction Documents.

 

		9.10	TST warrants to the Specified Shareholders that the Buyer is a wholly owned subsidiary of it.

 

		10.	INDEMNITIES

 

In addition and without prejudice
to the Warranties and the Tax Covenant, the Warrantors undertake to the Buyer to pay to the Buyer, an amount equal to the amount
necessary fully to indemnify and keep fully indemnified with effect from Completion the Buyer, the relevant Target Company and
each of them, against any and all Losses they have incurred or may after the date of this agreement incur, directly or indirectly,
by reason of the matters disclosed in the Disclosure Letter against the Warranties set out in paragraph 11 of Part 2 of Schedule
6 of this agreement.

 

The Buyer shall use commercially
reasonable endeavours to mitigate any Loss which it may suffer in consequence of any breach or breaches of such Warranty. Notwithstanding
anything herein to the contrary, the right to indemnification pursuant to this clause 10 shall not be affected by any investigation
conducted with respect to, or any knowledge actually acquired at any time, whether before or after the execution and delivery of
this agreement or the Completion Date.

 

		11.	LIMITATIONS

 

Subject to clause 20.3, the
liability of the Warrantors and the Specified Shareholders for Claims and (to the extent expressly provided in Schedule 8) other
claims under this agreement shall be subject to the provisions of Schedule 8 and (in the case of Tax Claims) Schedule 7.

 

    	31

    	 

    

 

		12.	COVENANTS

 

		12.1	The provisions of this clause 12 are entered into with the intention of assuring to the Buyer and
each Target Company the full benefit and value of the goodwill and connections of the Target Companies and as a constituent part
of the agreement for the sale and purchase of the Shares and the consideration for them is included in the Total Consideration.
Accordingly, each Covenantor agrees that the restrictions in this clause 12 are reasonable and necessary for the protection of
the legitimate interests of the Buyer and do not operate harshly on the Covenantor.

 

		12.2	Each Covenantor undertakes to and covenants with the Buyer and each Target Company that they shall
not (whether for their own account, or jointly with or on behalf of or as a shareholder in any other person, and whether directly
or indirectly) during the period of two years commencing on the Completion Date:

 

		(a)	be engaged, concerned or interested in or associated with any business which is in competition
with any Relevant Business;

 

		(b)	carry on or be engaged, or concerned or interested in the sale of goods or provisions of services
of a kind supplied by any Target Company in connection with its Relevant Business to any person which was, at any time within the
period of 12 months preceding the Completion Date, a customer of or in the habit of dealing with any Target Company;

 

		(c)	endeavour to procure the supply of goods or services from any person who is now or was during the
12 months preceding the Completion Date a supplier of goods or services in connection with any Relevant Business to any Target
Company where such supply would cause damage to any Target Company;

 

		(d)	solicit, interfere with or endeavour to entice away from any Target Company any person who is now
or was, during the 12 months preceding the Completion Date, a client, customer, correspondent, agent of or in the habit of dealing
with such Target Company nor enter into a partnership or any association, whether directly or indirectly, with any such person
where to do so, in any case, would cause damage to any Target Company;

 

		(e)	solicit, interfere with or endeavour to
entice away from any Target Company or offer to employ or engage under a contract for services or enter into partnership
with any person who is now or was, during the 12 months preceding the Completion Date, a Key Employee of or consultant to such
Target Company; and/or

 

		(f)	make any statement that disparages a Target Company or otherwise interfere with any contract or
arrangement of benefit to any Target Company that materially and adversely prejudices a Target Company;

 

provided that nothing in this
clause 12.2 shall prohibit any Covenantor from holding, directly or indirectly (for investment purposes only) not more than 3 per
cent. of the shares of a public company listed or dealt in on a recognised investment exchange (as defined in section 285 of FSMA).

 

    	32

    	 

    

 

		12.3	Each Covenantor undertakes to, and covenants with, the Buyer, and each Target Company that it shall
not, whether for its own account or jointly with or on behalf of or as a shareholder in any other person, directly or indirectly
(except with the express consent of the Buyer which will be deemed to be given for actions properly carried out in the course of
employment by or rendering services to any Target Company):

 

		(a)	take away, make use of or disclose to any person (except insofar as necessary to comply with any
statutory obligation or order of any Court or statutory tribunal of competent jurisdiction) any confidential information of any
Target Company or trade secrets of any Target Company in its possession; and/or

 

		(b)	make use of the name "BoardEx" or any corporate or business name which is identical or
similar to such name, or is likely to be confused with, the corporate name or any trade or business name of any Target Company
or which is likely to suggest a connection with the same.

 

		12.4	For the purposes of this clause 12,

 

		(a)	the expression "Key Employee" means any director or senior manager of any Target
Company and/or any person employed by or who renders or rendered services to any Target Company in a Relevant Business and who
has client responsibility or influence over a customer or prospective customer of any Target Business and/or who is in possession
of Confidential Information about such a customer and/or was engaged in data collection and/or the design and/or development of
goods or services sold by the any Target Company and who in any such case was so employed or so rendered services during the period
of twelve months before the Termination Date and had dealings with the Executive during that period;

 

		(b)	the expression "Relevant Business"
shall mean the business of compiling, storing, analysing, managing, evaluating, marketing and selling information relating to "relationship
capital" including without limitation biographical and/or relationship data of business leaders and their connections and
"relationship capital management" (which shall include the analysis of a
person or an organization's connectivity to other business leaders or the marketplace, including the process of identifying, evaluating
and quantifying the strength and characteristics of relationship capital with regard to a business objective or target initiative.
For the avoidance of doubt, the following companies shall be deemed to be engaged in the Relevant Business: MergerMarket,
RelationshipScience, ThomsonReuters, Standard & Poors/CapIQ, FactSet, LinkedIn, Bureau van Dijk, and DealLogic.

 

		12.5	Each of the undertakings and covenants contained in the separate paragraphs of clauses 12.2 and
12.3 is and shall be a separate undertaking and covenant by the Covenantors.

 

    	33

    	 

    

 

		12.6	The benefit of the covenants and undertakings given in this clause 12 shall be assignable by the
Buyer to and become enforceable by any assignee or holder for the time being of any of the Shares or of any of the shares of any
of the Subsidiaries.

 

		12.7	If any restrictions in this clause 12 shall be found to be invalid or unenforceable but would be
valid or enforceable if part of the wording of the restriction were deleted or the period for which it applies were reduced or
the range of activities or area dealt with by it were reduced in scope, the restriction concerned shall apply with such modifications
as may be necessary to make it valid and enforceable.

 

		13.	TAX AFFAIRS

 

		13.1	The Tax Covenant will come into full force and effect at Completion.

 

		13.2	Provisions relating to the tax returns and tax affairs of the Target Group are set out in paragraph
10 of Schedule 8.

 

		14.	FURTHER ASSURANCE

 

		14.1	Each Specified Shareholder agrees for no additional consideration or payment to do, execute and
deliver any such further acts, documents and things as the Buyer may reasonably require to vest in the Buyer (or as it shall direct)
the beneficial ownership of the Shares set opposite that Specified Shareholder's name in Schedule 1 Part 1 free from all Encumbrances.

 

		14.2	Each Specified Shareholder irrevocably and unconditionally appoints the Buyer with effect on and
from Completion (but subject to Completion taking place) as its attorney with full powers of substitution in its name and for it
and on its behalf (and to the complete exclusion of any rights any Specified Shareholder may have in such regard) lawfully to exercise
all voting rights and receive all the benefits and entitlements which may now or at any time in the future attach to the Shares
set opposite that Specified Shareholder's name in Schedule 1 Part 1. The power of attorney granted in this clause 14.2 is given
by way of security for the due performance by each Specified Shareholder of its obligations under this agreement.

 

		14.3	Each Specified Shareholder other than Goldman Sachs Strategic Investments (U.K.) Limited undertakes
for no additional consideration to do, execute and deliver such documents, deeds and things as the Buyer may reasonably require
after Completion to vest in the Company, or such other Target Company as the Buyer shall direct, ownership and title and all rights
of each Specified Shareholder in respect of all inventions and Intellectual Property Rights owned by or vested in it and which
relate to products of the Target Group used at Completion by the Target Group in its business.

 

		15.	ASSIGNMENT

 

		15.1	Subject to clause 15.2, no Party shall assign, transfer, charge or otherwise deal with any of its
rights under this agreement nor grant, declare, create or dispose of any right or interest in it, without the prior written consent
of other Parties. Any purported assignment in violation of this clause 15 shall be null and void.

 

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		15.2	The Buyer may assign all or any of its rights
under this agreement to any member of the Buyer's Group from time to time, provided that any such member of the Buyer's Group shall
cease to be entitled to exercise those rights and shall reassign those rights to the Buyer on ceasing to be a member of the Buyer's
Group, and provided also that the liability of any Seller (including any Warrantor or Covenantor) to any such assignee shall not
be greater than its liability would be to the Buyer if that assignment had not occurred.

 

		15.3	Any permitted assignee of rights and benefits under this agreement (including rights or benefits
in respect of the Warranties) may enforce any right or benefit assigned to it as if it had been named in this agreement as the
assignor and (in the case of an assignment of the Buyer's rights) may recover under it as if it had acquired the Shares for the
Total Consideration and upon the other terms of this agreement and had as a result sustained all diminutions of value, losses and
expenses in consequence of such acquisition as have been sustained by the Buyer.

 

		15.4	This agreement will be binding on and enure for the benefit of the successors and permitted assigns
of the Parties.

 

		16.	ANNOUNCEMENTS

 

No Party will release any
public announcement, press statement or despatch any circular or other public document relating to any of the Transaction Documents
unless and until the form and content of such announcement, statement or circular or other public document have been submitted
to, and agreed by:

 

		(a)	the Sellers' Representative in the case of any public announcement, press statement or the despatch
of any circular or other public document to be released by the Buyer; or

 

		(b)	the Buyer and the other Specified Shareholders in the case of any public announcement, press statement
or the despatch of any circular or other public document to be released by any of the Specified Shareholders;

 

provided that nothing in this
clause 16 will prohibit any Party from (i) making any public announcement, press statement or despatching any circular or other
public document as required by law or the rules of the United Kingdom Financial Services Authority, or the Panel on Takeovers and
Mergers, the SEC, NASDAQ or of any other Governmental Entity or (ii) from making an announcement to employees, customers or suppliers,
in consultation with the Sellers' Representative or the Buyer (as the case may be) and after taking into account the reasonable
requirements of the Sellers' Representative or the Buyer (as the case may be) as to the content of such announcement.

 

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		17.	CONFIDENTIALITY

 

		17.1	Each Party will treat and will procure that each of its Affiliates will treat as confidential all
information received or obtained by it as a result of entering into or performing its obligations under this agreement or any of
the other Transaction Documents which relates to:

 

		(a)	the provisions or the subject matter of this agreement or any of the other Transaction Documents
or any document referred to in any of them; or

 

		(b)	the negotiations relating to this agreement or any of the other Transaction Documents or any document
referred to in any of them.

 

		17.2	Notwithstanding clause 17.1, any Party may disclose information which would otherwise be confidential
under the provisions of clause 17.1 if and to the extent that:

 

		(a)	the information is already in the public domain (other than as a result of a breach by a Party
of its obligations under this clause 17 or otherwise);

 

		(b)	the disclosure is permitted, or approved, in accordance with clause 16;

 

		(c)	the disclosure is required to be made to a Tax Authority in connection with the tax affairs of
the disclosing Party's group, or is required for the purposes of stamping, by the law of any relevant jurisdiction or for the purpose
of any judicial proceedings or quasi-judicial proceedings;

 

		(d)	the disclosure is required by any Governmental Entity to which any Party is subject or submits,
wherever situated (including the United Kingdom Financial Services Authority, the Land Registry, HMRC, the SEC and NASDAQ) and
whether or not the requirement for information has the force of law;

 

		(e)	the information is disclosed on a confidential, to the employees, professional advisers, auditors
and bankers of such Party;

 

		(f)	the Sellers' Representative has given its prior written approval to the disclosure (in the case
of disclosure by the Buyer) or the Buyer has given such prior written approval (in the case of disclosure by any of the Sellers),
as the case may be; or

 

		(g)	it does so to an Affiliate of that Party; provided that, the Party making such disclosure will
remain fully and completely liable to each other Party in accordance with the provisions of clause 17.1.

 

provided that any such information disclosed pursuant
to clauses (c) or (d) will be disclosed only after the Sellers' Representative or a Specified Shareholder on the one hand gives
notice to the Buyer or the Buyer or TST on the other hand, gives notice to the Sellers' Representative, as the case may be, unless
such prior notification is prohibited by law, regulation or applicable stock exchange rules.

 

    	36

    	 

    

 

		18.	NOTICES

 

		18.1	Without prejudice to any other method available for the giving of notice or to any acknowledgement
by any Party that it has received the same, any notice or other communication to be given under this agreement shall be in writing
and shall be delivered or sent to:

 

		(a)	in the case of the Specified Shareholders:

 

The Sellers' Representative
at his address set out in Schedule 1:

 

		(b)	in the case of TST and the Buyer:

 

	Address:	14 Wall Street
	 	New York, NY  10005
	 	United States
	Fax:	+1 (212) 321-5015
	Attention:	General Counsel

 

With a copy to:

 

Orrick, Herrington & Sutcliffe
LLP

 

	Address:	The Orrick Building
	 	405 Howard Street
	 	San Francisco, CA  94105-2669
	 	United States
	Fax:	+1 (415) 773-5759 
	Attention:	Karen Dempsey

 

or in the case of any Party,
such other address or fax number as may be notified from time to time by the Sellers' Representative to the Buyer or by the Buyer
to the Sellers' Representative in accordance with this clause 18.

 

		18.2	Any notice shall be valid if delivered by hand or sent by legible facsimile transmission, electronic
mail or pre-paid first class post (airmail if sent to or from an address outside the United Kingdom) and:

 

		(a)	if delivered by hand or sent by legible facsimile transmission or electronic mail shall conclusively
be deemed to have been given or served at the time of despatch if sent or delivered on a Business Day or (if not sent or so delivered)
on the next following Business Day; and

 

		(b)	if sent by post in the manner described above shall conclusively be deemed to have been received
48 hours after the posting of the same (or 72 hours if sent to or from an address outside the United Kingdom).

 

provided that if deemed receipt
(but for this proviso) would have occurred before 9.00 a.m. local time on a Business Day the notice shall be deemed to have been
received at 9.00 a.m. local time on that day, and if deemed receipt (but for this proviso) would have occurred after 5.00 p.m.
local time on a Business Day, or on a day which is not a Business Day, the notice shall be deemed to have been received at 9.00
a.m. local time on the next Business Day.

 

    	37

    	 

    

 

		18.3	In proving service pursuant to this clause 18 it shall be sufficient to prove that the envelope
containing such notice was addressed to the address of the relevant Party set out in clause 18.1 (or as otherwise notified by that
Party under this agreement) and delivered either to that address or into the custody of the postal authorities as a special delivery
or airmail letter, or that the notice was transmitted by fax to the fax number of the relevant Party set out in clause 18.1 (or
as otherwise notified by that Party under this agreement).

 

		18.4	The provisions of this clause 18 shall not apply in relation to the service of process in any legal
proceedings arising out of or in connection with this agreement.

 

		19.	APPOINTMENT OF PROCESS AGENTS

 

		19.1	Any Party located outside England and Wales (an "Appointing Party") shall ensure
that there is at all times appointed an agent for service of process on it in England and Wales in relation to any matter arising
out of this agreement or any of the other Transaction Documents, service upon whom shall be deemed completed whether or not forwarded
to or received by the Appointing Party and such Appointing Party shall notify the other Parties of the name of such agent and their
contact details.

 

		19.2	An Appointing Party may from time to time appoint a new process agent acceptable to the other Party
(acting reasonably) to receive service of process in England and Wales pursuant to clause 19.1.

 

		19.3	An Appointing Party shall inform the other Parties, in writing, of any change in the address of
its process agent within 28 days.

 

		19.4	If any process agent appointed pursuant to this clause 19 ceases to have an address in England
and Wales, the Appointing Party irrevocably agrees to appoint a new process agent acceptable to the other Parties (acting reasonably)
and to deliver to the other Parties within 14 days a copy of a written acceptance of appointment by its new process agent.

 

		19.5	Pursuant to clause 19.1, as its agent for service of process on it in England and Wales in relation
to any matter arising out of this agreement and the other Transaction Documents:

 

		(a)	TST and the Buyer hereby appoint as process
agent (i) Orrick, Herrington & Sutcliffe (Europe) LLP, 107 Cheapside, London EC2V 6DN, United Kingdom, as agent for service
of process with effect from and after the date hereof until the Completion Date; and (ii) the Company, Elizabeth House,
5th Floor, York Road, London SE1 7NQ, with effect from and after the Completion Date.

 

		(b)	each Specified Shareholder without an address in England or Wales hereby appoints Eddie Bell.

 

    	38

    	 

    

 

		20.	ENTIRE AGREEMENT AND BUYER'S
REMEDIES

 

		20.1	The Parties confirm that this agreement together with the other Transaction Documents, represents
the entire understanding, and constitutes the whole agreement, in relation to its subject matter and supersedes any previous agreement
between the Parties with respect to such subject matter.

 

		20.2	Without limiting clause 20.1, in entering into this agreement, each of the Buyer and TST accepts
that it is not relying on any representation, warranty or on any other information or statement of opinion or belief, including,
without limitation, projections, forecasts and replies to due diligence enquiries, whether written or oral, express or implied,
and whether made or given by any Specified Shareholder or any of its advisers, which is not expressly comprised within or the express
subject of any of the Warranties.

 

		20.3	Each of the Buyer and TST irrevocably and unconditionally waives any right it may have to bring
a claim or take any proceedings against any Specified Shareholder for misrepresentation, whether in equity, tort or under the Misrepresentation
Act 1967, in respect of any misrepresentation, whether or not contained in this agreement and whether innocently or negligently
made. The Buyer's sole remedy in respect of any such misrepresentation shall be an action for breach of contract under the terms
of this agreement if and to the extent that the subject matter of the misrepresentation in question constitutes a breach of the
Warranties.

 

		20.4	Nothing in this agreement applies to limit or exclude the liability of any Specified Shareholder,
or any remedy of the Buyer, for fraud or fraudulent misrepresentation or wilful non-disclosure other fraud by any Specified Shareholder.

 

		21.	SELLERS' REPRESENTATIVE

 

		21.1	The Sellers' Representative is given on behalf of each Specified Shareholder or each Warrantor
as appropriate the power to:

 

		(a)	negotiate and agree the Agreed Form documents:

 

		(b)	agree an extension to the Long Stop Date past 2 January 2015;

 

		(c)	comply and act in accordance with the provisions of clauses 2.3 and 2.5;

 

		(d)	comply and act in accordance with the provisions of clause 4.7;

 

		(e)	comply and act in accordance with the provisions of clause 5.1, 5.3 and 5.5;

 

		(f)	comply and act in accordance with the provisions of clauses 6.3, 6.4 and 6.5;

 

		(g)	comply and act in accordance with the provisions of clauses 7.3 and 7.4;

 

		(h)	comply and act in accordance with the provisions of clauses 16, 17, 18 and 22;

 

    	39

    	 

    

 

		(i)	comply and act in accordance with the provisions of Schedule 5, Schedule 7, Schedule 8 and Schedule
10.

 

		(j)	defend, compromise, settle, negotiate and appoint professional advisors in respect of the same
in respect of any Relevant Claim other than in relation to a breach of clause 12 or a Title Claim.

 

The Parties
acknowledge that actions of the Sellers’ Representative taken in accordance with this clause 21 shall be valid and binding
on each of the Specified Shareholders as if taken by such Specified Shareholder or Warrantor. The Buyer's rights under this Agreement
shall not be prejudiced by reason of any action or omission by the Sellers' Representative which is not consented to by any Specified
Shareholder or Warrantor.

 

		21.2	The Specified Shareholders agree that the Buyer shall be entitled to rely on notices given to and
by the Sellers' Representative in accordance with this agreement as if given to and by each of the Specified Shareholders and Warrantors
and (where the Sellers' Representative is expressly empowered to do so by this agreement) shall be entitled to rely on any waiver
or consent given by the Sellers' Representative in accordance with this agreement as if given by each of the Specified Shareholders.
For these purposes, the appointment of the Sellers' Representative shall be conclusively binding on each of the Sellers.

 

		21.3	The Specified Shareholders may notify the Buyer that they have chosen another person to be the
Sellers' Representative to replace either or both of the individuals then acting as such. Any such notice shall be in writing and
signed by or on behalf of all of the Specified Shareholders and the change in the identity of the Sellers' Representative shall
take effect five Business Days after notice of the change is received by the Buyer or (if later) on the date (if any) specified
in the notice as the date on which the change is to take effect. Until any such notice is received by the Buyer, the Buyer shall
continue to be entitled to give notices to and to rely on notices given by the last Sellers' Representative of whom it had actual
knowledge.

 

		21.4	The Sellers' Representative shall duly comply
with the obligations of the Sellers' Representative in this agreement and in any other Transaction Document.

 

		21.5	As between the Sellers' Representative and the Specified Shareholders, the Sellers' Representative
agrees:

 

		(a)	to exercise the rights and powers conferred on him as a Sellers' Representative under this agreement
in good faith;

 

		(b)	to provide a copy of any notice received by him in his capacity as a Sellers' Representative under
this agreement to GS and on request from time to time, any other Specified Shareholder, as soon as reasonably practicable after
receipt (and in any event within three (3) Business Days); and

 

    	40

    	 

    

 

		(b)	to:

 

		(i)	consult with GS and, on request, any other Specified Shareholder;

 

		(ii)	give GS (and, on request, any other Specified Shareholder) and its professional advisers reasonable
access to any relevant accounts, documents and records within the power or control of the Sellers' Representative; and

 

		(iii)	take into account the reasonable opinions of GS (and, on request, any other Specified Shareholder),

 

prior
to making any request, election, proposal, approval, waiver or consent in his capacity as a Sellers' Representative in relation
to this agreement.

 

		21.6	The Sellers' Representative confirms that he is not, and shall not at any time during which he
is discharging his role as Sellers' Representative, in any way, directly or indirectly, (i) connected, or become connected, with
any member of the Buyer's Group nor (ii) interested, nor become interested, in any matters which might be reasonably considered
to conflict with his ability to exercise the rights and powers conferred on him as Sellers' Representative under this agreement
in good faith and with sole regard to the interests of the Specified Sellers under this agreement.

 

		22.	GENERAL

 

		22.1	Subject only to any deemed amendment to, or severance of, any provision of this agreement pursuant
to clause 22.5 no amendment or variation of the terms of this agreement shall be effective unless it is made or confirmed in a
written document signed by GS and unless:

 

		(a)	where the amendment or variation of the terms of this agreement is made between the entry into
this agreement and Completion, it is made or confirmed in a written document signed by the Buyer and Sellers' Representative;

 

		(b)	where the amendment or variation of the terms of this agreement is made on or after Completion,
which would not have a material adverse effect on the rights of the Specified Shareholders hereunder, it is made or confirmed in
a written document signed by the Buyer and Sellers' Representative.

 

		22.2	The obligations and liabilities of a Party shall not be prejudiced, released or affected by any
time, forbearance, indulgence, release or compromise given or granted by any person to whom such obligations and liabilities are
owed or by any other person to such Party or any other Party so obliged or liable nor by any other matter or circumstance which
(but for this clause 22.2) would operate to prejudice, release or affect any such obligations except an express written release
by all the Parties to whom the relevant obligations and liabilities are owed or due.

 

		22.3	Any full or partial release or waiver by any Party in favour of another of such Party's rights
under this agreement will only be binding if given in writing. Subject to clauses 7.2 any such release or waiver will:

 

    	41

    	 

    

 

		(a)	be confined to the specific circumstances in which it is given; and

 

		(b)	not affect any other enforcement of the same right or the enforcement of any other right by or
against any of the Parties.

 

		22.4	This agreement may be executed in any number of counterparts, and by the Parties on separate counterparts,
but will not be effective until all the Parties have executed at least one counterpart. All the counterparts will together constitute
one and the same instrument and each counterpart will constitute an original of this agreement.

 

		22.5	Without limitation to clause 12.7, in the event that any provision of this agreement is void or
unenforceable by reason of any provision of applicable law, such provision will be deemed to be modified to the extent necessary
to render it legal, valid and enforceable. If no such modification is possible, it will be deleted and the remaining provisions
of this agreement will continue in full force and effect and if necessary, be so amended as is necessary to give effect to the
commercial intentions of the Parties so far as possible.

 

		22.6	The Warranties shall not be extinguished or affected in any way by Completion and this agreement
(other than obligations which have already been fully performed) will continue in full force and effect after Completion.

 

		22.7	Subject to clause 9.4, any Party may take action for any breach or non-fulfilment of any warranties,
undertakings, agreements and representations on behalf of any other Party before or after Completion notwithstanding that such
breach or non-fulfilment was known to or discoverable by such Party before Completion and notwithstanding that such Party shall
delay or otherwise fail to exercise its rights under this agreement or generally in such regard.

 

		22.8	Except where expressly provided to the contrary, the rights and remedies reserved to any Party
under any provision of this agreement or any of the other Transaction Documents shall be in addition and without prejudice to any
other rights or remedies available to such Party by statute, common law or otherwise.

 

		22.9	In relation to the Contracts (Rights of Third Parties) Act 1999:

 

		(a)	where any term of this agreement (including clause 9.7 (claims against third parties in respect
of Warranties), clauses 12.2 and 12.3 (protective covenants) and clause 15.3 (rights of assignees)) is expressed to be made in
favour of or is capable of applying for the benefit of a member of the Buyer's Group or of the Target Group or any officer or employee
of any such member, or of a Buyer or assignee or other holder of the Shares or the shares in any Subsidiary, such person shall
be entitled, with the prior written consent of the Buyer, to enforce that term in accordance with that Act but may not assign the
benefit of their rights under it;

 

		(b)	save as described in clause 22.9(a), the Parties do not intend that any term of this agreement
is enforceable under that Act by a person who is not a Party; and

 

    	42

    	 

    

 

		(c)	the consent of any person who is not a Party shall not be required for the amendment, variation,
rescission or termination of this agreement.

 

		22.10	The receipt by (i) any Party of any amount due to such Party's Affiliates or (ii) the Paying Agent
of any amount due to the Sellers, in each case under this agreement and any of the other Transaction Documents shall be a valid
discharge of the payment obligations of the Party making the payment which shall not be required to enquire into the application
of that payment by the receiving Party or the Paying Agent, as applicable. For the avoidance of doubt, no member of the Buyer Group
shall have any liability with respect to the actual allocation among the Sellers of the Total Consideration or any other amount
due to the Sellers hereunder.

 

		22.11	Except as set forth herein and whether or not Completion occurs, each Party shall pay its own costs
and expenses in connection with the preparation and carrying into effect of this agreement and the other Transaction Documents,
save that the Buyer shall cause the Company to pay on Completion the Company's Transaction Expenses up to the extent such amounts
are deducted from the Consideration due to the Sellers at Completion.

 

		22.12	In exercising any right as a trustee under this agreement or any of the other Transaction Documents,
the Buyer will be entitled to limit the action it takes to such action as it may, in its absolute discretion, consider reasonable.

 

		22.13	Without prejudice to the operation of clause 4.2 and 21.3 and Schedule 8, the obligations and liabilities
of the Specified Shareholders assumed or undertaken under or pursuant to this agreement shall be several and not joint and several.

 

		22.14	Interest shall accrue on monies which are not paid when due under this agreement from the due date
for payment (or, if there is no due date for payment, from the date payment is demanded) until the date of actual payment at the
rate of 4 per cent above the base rate for the time being of Barclays Bank plc. Such interest shall accrue on a daily basis, both
before and after judgment, and be compounded quarterly and be payable on demand.

 

		23.	GUARANTEE

 

		23.1	The Guarantor irrevocably and unconditionally:

 

		(a)	guarantees as a continuing guarantee to each Specified Shareholder the full and punctual performance
and observance by the Buyer of each of the Buyer's obligations under this agreement or any other Transaction Document or arising
in connection with any breach or termination of this agreement or any other Transaction Document;

 

		(b)	agrees that if and each time that the Buyer
fails to make any payment to any Seller when it is due under this agreement or any other Transaction Document, or in connection
with any breach or termination of this agreement or any other Transaction Document, the Guarantor shall (without requiring that
Seller first to take steps against the Buyer or any other person) pay that amount to the Buyer on demand as if it were the primary
obligor, together with interest at the interest rate specified in clause 22.14.

 

    	43

    	 

    

 

		23.2	The obligations of the Guarantor under this clause shall not be affected in whole or in part by
any act, omission, matter or thing which, but for this provision, might operate to reduce, release or prejudice its obligations,
including, without limitation and whether or not known to the Guarantor, any Specified Shareholder or the Buyer:

 

		(a)	any variation of this agreement or any other Transaction Document;

 

		(b)	any neglect or delay in seeking the performance of any obligations under this agreement or any
other Transaction Document, or any time, waiver, forbearance or consent granted to, or composition or arrangement with, the Buyer
or other person;

 

		(c)	the release of the Buyer or any other person under the terms of any composition or arrangement
with any creditor of the Buyer;

 

		(d)	any incapacity or lack of power, authority or legal personality of or dissolution or change in
the members or status of the Buyer or any other person;

 

		(e)	any unenforceability, invalidity or illegality of any obligation of the Buyer; or

 

		(f)	any insolvency or similar proceedings.

 

		23.3	The guarantee in clause 23.1 is a continuing guarantee and accordingly shall remain in force until
all of the obligations of the Buyer under this agreement and each other Transaction Document have been fully performed or fully
satisfied regardless of any intermediate performance or discharge in whole or in part. The guarantee in clause 23.1 shall be in
addition to, and without prejudice to and not in substitution for, the performance and observance of the Buyer's obligations under
this agreement and each other Transaction Document.

 

		23.4	So long as the Buyer remains under any actual or contingent obligation under this agreement or
any other Transaction Document, the Guarantor shall not exercise any rights which it may at any time have, by reason of the performance
of its obligations under this clause, or by reason of any amount being payable or any liability arising under this clause:

 

		(a)	to be indemnified by the Buyer;

 

		(b)	to claim a contribution from another guarantor of the Buyer 's obligations;

 

		(c)	to take the benefit (whether in whole or
in part and whether by way of subrogation or otherwise) of any of the Buyer's rights under this agreement or any other Transaction
Document;

 

		(d)	to exercise any right of set-off against the Buyer; and/or

 

    	44

    	 

    

 

		(e)	to prove as a creditor of the Buyer in competition with any Seller.

 

Any
benefit, payment or distribution received by the Guarantor and relating to any rights mentioned in this clause 23.3 shall
be held by the Guarantor on trust for the Sellers to the extent necessary to enable all of the Buyer's obligations under this agreement
and each other Transaction Document or in connection with any breach of this agreement or any other Transaction Document to be
satisfied in full.

 

		23.5	Each payment to be made by the Guarantor under this clause shall be made in the currency in which
the relevant amount is payable by the Buyer.

 

		24.	GOVERNING LAW

 

		24.1	This agreement will be governed by and construed in accordance with laws of England.

 

		24.2	Each Party irrevocably agrees that the Courts of England will have exclusive jurisdiction in relation
to any claim, dispute or difference concerning this agreement and any matter arising from it except in relation to the enforcement
of any judgment, decision or award of the Courts of England in which case the Courts of England shall have exclusive jurisdiction.

 

		24.3	Each Party irrevocably waives any right that it may have to object to an action being brought in
those Courts, to claim that the action has been brought in an inconvenient forum or to claim that those Courts do not have jurisdiction.

 

IN
WITNESS of which the Parties have executed this agreement as a deed by the Specified Shareholders and under hand by
the Buyer and it is intended to be and is delivered on the date first mentioned above.

 

    	45

    	 

    

 

IN
WITNESS of which the Parties have executed this agreement as a deed by the Specified Shareholders and under hand by
the Buyer and it is intended to be and is delivered on the date first mentioned above.

 

	
        EXECUTED AS A DEED by MANAGEMENT DIAGNOSTICS LIMITED
        D/B/A BOARDEX acting by

         

                                             ,
        a director
	 	
        )

         

        )

         

        )

         

        )

	 	 	 
	in the presence of:	 	 
	 	 	 
	Witness signature:	 	 
	 	 	 
	Name (print):	 	 
	 	 	 
	Address:	 	 
	 	 	 
	Occupation:	 	 

 

[Share Purchase Agreement]

 

    	 

    	 

    

 

	EXECUTED AS A DEED by MDL ESOP LIMITED acting by___________________, a director	
        )

         

        )

         

        )

         

        )

         
	 
	in the presence of:	 
	 	 
	Witness signature:	 
	 	 
	Name (print):	 
	 	 
	Address:	 
	 	 
	Occupation:	 

 

	EXECUTED AS A DEED by GOLDMAN SACHS STRATEGIC INVESTMENTS (U.K.) LIMITED acting by_______________, a director	
        )

         

        )

         

        )

         

        )

	 	 
	in the presence of:	 
	 	 
	Witness signature:	 
	 	 
	Name (print):	 
	 	 
	Address:	 
	 	 
	Occupation:	 

 

[Share Purchase Agreement]

 

    	 

    	 

    

 

	SIGNED AS A DEED by ANDREW MCMULLAN	
        )

        )

	 	 
	in the presence of:	 
	 	 
	Witness signature:	 
	 	 
	Name (print):	 
	 	 
	Address:	 
	 	 
	Occupation:	 

 

	SIGNED AS A DEED by CAMERON IRELAND	
        )

        )

	 	 
	in the presence of:	 
	 	 
	Witness signature:	 
	 	 
	Name (print):	 
	 	 
	Address:	 
	 	 
	Occupation:	 

 

	SIGNED AS A DEED by CHRISTOPHER BEATSON-HIRD	
        )

        )

	 	 
	in the presence of:	 
	 	 
	Witness signature:	 
	 	 
	Name (print):	 
	 	 
	Address:	 
	 	 
	Occupation:	 

 

[Share Purchase Agreement]

 

    	 

    	 

    

 

	SIGNED AS A DEED by DAVID FLETCHER	
        )

        )

	 	 
	in the presence of:	 
	 	 
	Witness signature:	 
	 	 
	Name (print):	 
	 	 
	Address:	 
	 	 
	Occupation:	 

 

	SIGNED AS A DEED by EDDIE BELL	)
	 	 
	in the presence of:	 
	 	 
	Witness signature:	 
	 	 
	Name (print):	 
	 	 
	Address:	 
	 	 
	Occupation:	 

 

	SIGNED AS A DEED by JAMES DALY	)
	 	 
	in the presence of:	 
	 	 
	Witness signature:	 
	 	 
	Name (print):	 
	 	 
	Address:	 
	 	 
	Occupation:	 

 

[Share Purchase Agreement]

 

    	 

    	 

    

 

	SIGNED AS A DEED by JULIAN SAINTY	
        )

        )

	 	 
	in the presence of:	 
	 	 
	Witness signature:	 
	 	 
	Name (print):	 
	 	 
	Address:	 
	 	 
	Occupation:	 

 

	SIGNED AS A DEED by NEIL DAVIES	)
	 	 
	in the presence of:	 
	 	 
	Witness signature:	 
	 	 
	Name (print):	 
	 	 
	Address:	 
	 	 
	Occupation:	 
	 	 
	SIGNED AS A DEED by RALPH GRAYSON	
        )

        )

	 	 
	in the presence of:	 
	 	 
	Witness signature:	 
	 	 
	Name (print):	 
	 	 
	Address:	 
	 	 
	Occupation:	 

 

[Share Purchase Agreement]

 

    	 

    	 

    

 

	SIGNED AS A DEED by RIC BERMAN	)
	 	 
	in the presence of:	 
	 	 
	Witness signature:	 
	 	 
	Name (print):	 
	 	 
	Address:	 
	 	 
	Occupation:	 

 

	SIGNED AS A DEED by RICHARD MACWILLIAMS	
        )

        )

	 	 
	in the presence of:	 
	 	 
	Witness signature:	 
	 	 
	Name (print):	 
	 	 
	Address:	 
	 	 
	Occupation:	 

 

	SIGNED AS A DEED by SIMON BATTEN	
        )

        )

	 	 
	in the presence of:	 
	 	 
	Witness signature:	 
	 	 
	Name (print):	 
	 	 
	Address:	 
	 	 
	Occupation:	 

 

[Share Purchase Agreement]

 

    	 

    	 

    

 

	SIGNED AS A DEED by SUSAN BERMAN	
        )

        )

	 	 
	in the presence of:	 
	 	 
	Witness signature:	 
	 	 
	Name (print):	 
	 	 
	Address:	 
	 	 
	Occupation:	 

 

	SIGNED by 

for and on behalf of THE DEAL, LLC	
        )

         

        )

	 	 
	 	 
	Title: 	 

 

[Share Purchase Agreement]

 

    	 

    	 

    

 

	SIGNED by 

for and on behalf of THESTREET, INC.	
        )

         

        )

	 	 
	 	 
	Title: 	 

 

[Share Purchase Agreement]fiscontract2

                                                 CONFIDENTIAL TREATMENT HAS BEEN REQUESTED       Page 1 of 11    INFORMATION TECHNOLOGY SERVICES AGREEMENT    Certain portions of this exhibit, marked with {****}, have been omitted based upon a request submitted to the SEC for confidential treatment of certain non-public information contained herein.  The non-public information has been filed with the SEC as part of the request for confidential treatment         Client:  Independent Bank Corp. (“Client”)     288 Union Street     Rockland   MA   US   02370      FIS:  Fidelity Information Services, LLC (together with its affilates, “FIS”)     601 Riverside Avenue     Jacksonville, FL  32204   Effective Date: 1/01/2015   FIS is pleased to welcome you to the FIS family.   Your agreement with FIS is made up of the attached General Terms and Conditions (“General Terms”) and all Order   Forms and Addenda, as well as all schedules, exhibits, and pricing attachments that are attached (the “Agreement”).  All   Services or Software that you buy from us will be added through an Order Form or other amendment to this Agreement.   IN WITNESS WHEREOF, the parties have caused their duly authorized officers or representatives to execute and deliver   this Agreement as a legally binding obligation of such party.         INDEPENDENT BANK CORP.  FIDELITY INFORMATION SERVICES, LLC    Signature:  /s/ Barry Jensen  {SH}/s/    Signature:  /s/ Tammy Seeds {FSH}    Name:  Barry Jensen      {CNH}B    Name: Tammy Seeds        {FNH}    Title: CIO        {CTH}    Title: Controller, Sales Finance        {FTH}    Date: 2/27/2015 | 11:48 ET       {CDSH}    Date: 2/27/2015 | 17:20 ET       {FDSH}    FIS Payment Account Number: {FIS#}        Transit and Routing Number of FIS Payment    Account: {TR#}         

 

                                                 CONFIDENTIAL TREATMENT HAS BEEN REQUESTED       Page 2 of 11   GENERAL TERMS AND CONDITIONS         1. Introduction. These general terms and conditions (“General Terms”) and each Addendum, now or hereafter   attached to the Agreement (as defined herein), are a part of the Information Technology Services Agreement (the   “Agreement”) between Independent Bank Corp. of Rockland, MA (“Client”) and Fidelity Information Services, Inc.,   (together with its subsidiaries and affiliates, “FIS”). The pricing attachment(s) related to each Addendum are incorporated   into and made a part of the Agreement.      2. Services. If a fully executed Addendum or other Service Agreement describes the provision of a service (“Service”)   by FIS, the following subsections apply:      2.1 The “Commencement Date” of a Service is the earlier of: (i) the date the Service is first installed and available for   Client’s use in production; (ii) Client’s first production use of the Service; or (iii) the commencement date agreed upon by   the parties in writing. In the event that there is a dispute over the Commencement Date and the parties are unable to   mutually agree upon a Commencement Date after reasonable discussion, the Commencement Date shall be deemed to   be the three (3) month anniversary of the Effective Date of the Addendum for that Service. If commencement of a Service   is delayed for more than ninety (90) days after the Effective Date of the Addendum (or sixty (60) days after the agreed   upon Commencement Date for a denovo client) for any reason beyond FIS’ control, FIS may suspend delivery of the   Service, and  if the delayed commencement is caused by the acts or omissions of Client, then Client shall pay any one-   time fees and minimum fees through the balance of the Addendum’s term. The Commencement Date for any Addendum   may be rescheduled to a mutually agreed-upon date upon request.      2.2 Unless FIS and Client have agreed otherwise, FIS shall be the exclusive provider of each Service, and Client   shall use each Service solely in accordance with FIS’ then current standard user operating instructions and requirements   (“Specifications”).      2.3 FIS Responsibilities:      2.3.1 If Client pays all applicable fees when due, FIS shall: (i) provide Client and Client’s U.S. customers   (“Customers”) with access to and use of the Service in accordance with the Specifications; (ii) provide Client with   standard reporting, if any, associated with usage of the Service; and (iii) perform the Service in compliance with all federal   laws and regulations applicable to third party providers of that Service. “Law” means any law, rule, regulation, ordinance,   code or order to which a party may be subject or under which a party may exercise rights.      2.3.2  FIS shall perform an on-going review of federal Laws applicable to the provision of the Services and Software.   FIS shall maintain the features and functions for the Services and Software in accordance with all federal Laws applicable   to such features and functions, including new or amended federal Laws (as applicable and necessary to support   compliance obligations), in Client’s environment. In addition, FIS shall, at Client’s request, work with Client in developing   and implementing a suitable and commercially reasonable procedure or direction to enable Client to comply with state   and local Laws applicable to the Services and Software being provided to Client, and, to the extent commercially   possible, modify the manner in which FIS provides the Service prior to the regulatory deadline for such compliance. Any   modification in a Service or Software necessitated by such a change in state or local Laws shall be paid for by Client. For   the avoidance of doubt, this paragraph shall not reduce or eliminate FIS’ duty or obligation to comply with state laws that   are applicable to FIS as a third party processor or state laws that FIS has specifically agreed to comply with, including,   without limitation, the MA Privacy Act (MGL c. 93H and 201 CMR 17.00 et seq.      2.4 Client Responsibilities:      2.4.1 Client shall: (i) provide Customer information to FIS in accordance, and otherwise comply, with the   Specifications; (ii) assume all risk and liability associated with transactions, including any risk of counterfeit, charged-back   or fraudulent transactions; (iii) comply with all applicable rules, regulations and laws associated with use of a Service,   including those relating to usury, truth-in-lending, fair credit reporting, equal credit opportunity, automated clearing house   transfers, networks associations, electronic funds transfer, privacy and direct marketing (“Laws”), regardless of whether   Client uses any forms or other Materials supplied by FIS; and (iv) provide FIS with notice of any changes in applicable   Law that impact the Service. Any modification in a Service necessitated by a change in Laws shall be paid for by Client.   However, FIS shall endeavor to distribute the cost of such changes among all FIS clients impacted.   2.4.2 Client shall be responsible for monitoring and interpreting (and for complying with, to the extent such   compliance requires no action by FIS), the applicable Laws pertaining to Client’s business (“Legal Requirements”). Based   on Client’s instructions, FIS shall implement the processing parameter settings, features and options (collectively, the     

 

                                                 CONFIDENTIAL TREATMENT HAS BEEN REQUESTED       Page 3 of 11   “Parameters”) within FIS’s Services and systems that shall apply to Client, subject to the change request process in place   between FIS and Client to establish requirements, development arrangements and deployment timelines. Client shall be   responsible for determining that such selections are consistent with the Legal Requirements and with the terms and   conditions of any agreements between Client and its Customers. In making such determinations, Client may rely upon the   written descriptions of such Parameters contained in the Specifications. FIS shall perform the Services in accordance with   the Parameters.   2.5 If a Service contemplates that FIS will be clearing or settling transactions and/or processing payments, then FIS,   in its sole discretion, may require Client to establish and maintain a clearing or settlement account (“Settlement Account”)   with a minimum balance determined by FIS. Client shall maintain sufficient funds in the Settlement Account to cover any   amounts required to facilitate the orderly processing and settlement of transactions, and is solely responsible for properly   applying all credits and debits made to the Settlement Account. Client shall notify FIS in writing of any change in   Settlement Account information within three (3) business days of occurrence.      2.5.1 To the extent FIS has not agreed to be responsible, Client shall be solely responsible for the   transmission of any information, data, records or documents (collectively, “Data”) necessary for FIS to perform a Service   at Client’s expense, and shall bear any risk of loss resulting from that transmission until FIS confirms receipt. FIS shall   bear the risk of loss resulting from Data transmitted to Client until Client confirms receipt. If Client directs FIS to disclose   Data to a third party, Client shall provide FIS with written authorization to do so and bear any risk of loss or liability   associated with that disclosure. In addition, FIS shall be held harmless from any claim resulting from the third party’s use   of that Data, and may, in its discretion, require the third party to enter into a written agreement with FIS governing   disclosure of that Data.   2.5.2 FIS shall not be responsible for the accuracy, completeness or authenticity of any Data furnished by Client or a   third party, and shall have no obligation to audit, check or verify that Data. If any Data submitted by Client or a third party   to FIS is incorrect, incomplete or not in the required format, FIS may require Client to resubmit the Data or FIS may   correct the Data and bill Client its then current rates for performing those corrections. FIS shall attempt to notify Client   prior to Client incurring such expense.   2.6 In accordance with FFIEC business continuity guidelines, FIS shall maintain a disaster recovery plan designed to   minimize the risks associated with a disaster affecting FIS’ ability to provide the Services under the Agreement. FIS’   recovery time objective (RTO) under such plan is as set forth in the continuity program summary document made   available to Client  or such other RTO as has been agrees on in an Addendum or service level agreements pertaining to   an Addendum. FIS will maintain adequate backup procedures in order to recover Client’s Data to the point of the last   available good backup, with a recovery point objective (RPO) of twenty-four (24) hours, depending on the availability of   data. FIS will test its disaster recovery plan annually. Upon request, FIS will provide a summary of its disaster recovery   plan and test results sufficient to establish compliance with FFIEC guidelines, excluding any proprietary information or   NPI. Client authorizes FIS to provide Client’s Data to external suppliers in order to test and prepare for disaster recovery,   as well as provide replacement services in the event of a disaster. Client is responsible for adopting a disaster recovery   plan relating to disasters affecting Client’s facilities and for securing business interruption insurance or other insurance   necessary for Client’s protection.      2.6 FIS may change features, functions, and attributes of a Service from time to time so long as those changes do not   have a material adverse impact on the performance of the Service or the Confidentiality of Client Data. If Client requests   a change to a Service, the parties shall negotiate the terms for such change, which terms will be set forth in a mutually   agreed upon statement of work (“SOW”).      3. Third Party Services. If an Addendum describes the provision of a third party product or service (“Third Party   Service”), the following subsections also apply:      3.1 With respect to each Third Party Service, FIS shall: (i) provide Client with the applicable standard reporting; (ii)   bill Client for use; and (iii) provide Level One Customer Care (as defined below) to Customers. Client acknowledges that   FIS is not the provider of any Third Party Service, and Client shall, if required by FIS, enter into a separate agreement for   the Third Party Service directly with the applicable provider. In its provision of “Level One Customer Care”, FIS will: (i)   handle incoming Customer calls regarding a Third Party Service, (ii) gather information to identify the issue, (iii) respond   to basic Customer questions; and (iv) if necessary, refer issues requiring further analysis or troubleshooting to the Third   Party Service provider for additional Customer support.      3.2   Except to the extent warranties or representations are stated otherwise,  FIS makes no warranties or   representations of any kind regarding the correctness, accuracy, completeness, merchantability or fitness of any Third   Party Service or any associated data, information or system. FIS will pass through to Client end-user warranties and   service level standards to the extent received by FIS from Third Party Service providers.     

 

                                                 CONFIDENTIAL TREATMENT HAS BEEN REQUESTED       Page 4 of 11   3.3 If a Third Party Service is terminated prior to the end of its term either (i) by Client or by FIS at Client’s request, or   (ii) as a result of Client’s action or inaction, Client shall pay FIS, in addition to any other amounts owed, an amount equal   to any termination costs and fees incurred or owing by FIS as a result of such termination, and shall be refunded any   unearned prepaid amounts.       4. Use of Services, Software and Third Party Services. Client agrees that, except as otherwise permitted in the   Agreement or in writing by FIS, Client will use the Service, Third Party Services and/or Software only for its own internal   business purposes to service its bona fide U.S.-based Customers and will not sell or otherwise provide, directly or   indirectly, any of the Service, Third Party Service, Software or any portion thereof to any third party. “Software” shall   mean, individually or collectively, any software and/or interfaces as may be licensed to Client by FIS or its affiliates   pursuant to a Software License and Maintenance Addendum to the Agreement. Client agrees that FIS may use all   suggestions for improvement and comments regarding the Service, Third Party Service, or Software that are furnished by   Client to FIS in connection with the Agreement, without accounting or reservation. Unless and except to the extent that   FIS has agreed to provide Client support services for Client, Client shall be responsible for handling all inquiries of its   Customers relating to the Service.      5. Materials. As a convenience, FIS may provide Client with sample forms, procedures, scripts, marketing materials or   other similar information (collectively, “Materials”). Client shall have a license to use those Materials, if any, solely for its   own internal use during the term of the related Addendum and solely in a manner that is consistent with the   Specifications. Client’s license to use the Materials shall expire immediately upon termination of the Agreement or the   related Addendum. Client is responsible for its use of Materials and bears sole liability for any such use.      6. Training. FIS shall provide Client with training in the use and implementation of Services, Third Party Services,   and/or Software as described in the Agreement. Unless otherwise specifically set forth in an Addendum or its   attachments, FIS shall provide training at FIS’ then current rates, plus travel expenses (if applicable), on mutually   agreeable dates and times. At Client’s expense, FIS may offer training sessions on-line or at an FIS or Client location.      7. Fees and Other Charges.      7.1 Client shall pay all fees and charges set forth in the pricing attachment(s) to the Addendum. ***** percent   (*****%) of the one-time fees shall be paid upon execution of each Addendum, and the remaining *****percent (*****%)   shall be paid upon the applicable Commencement Date, unless otherwise set forth in an Addendum. Recurring fees shall   be paid beginning on the Commencement Date. FIS may change any pass-through fees (e.g., postage, supplies, courier,   data transmission, and telecommunications expenses), outside of its control as its cost for such items change.  FIS may   adjust recurring fees for its products and services by the amount of the percentage change in CPI  annually provided the   minimum aggregate pricing change during any 12-month period is *****percent (*****%), and the maximum aggregate   pricing change during any 12-month period is three percent (*****%), of the pricing then applicable to the product or   service. Such increase shall be effective on the first day of the month of the anniversary of the Commencement Date of   an Addendum. If the CPI-U is ever discontinued or revised, FIS and Client will in good faith agree to select another   government index as a substitute in order to obtain substantially the same result. Fees, costs and expenses owed by   Client are exclusive of charges for non-standard materials, work, hardware, software or travel. Travel time, if required, will   be charged at *****% of FIS’ standard hourly rates, or such other rates and amount agreed upon by Client, but will not   exceed eight (8) hours per day per resource.   7.2 Client agrees to pay FIS the amount of its invoice within thirty (30) days of the invoice date. In the event of a   dispute over the amount of an invoice, Client will pay the undisputed amount, and the parties will engage in the dispute   resolution procedures of this Agreement to resolve such dispute as soon as reasonably practicable.      7.3 Billing errors shall only be corrected as soon as reasonably possible, but in no event later than twenty-four (24)   months following the last occurrence of the error. In the event of over-billing, FIS will correct the error on the next invoice   by credit to Client. If Client was under-billed, FIS will add the under–billed amount to a future invoice. FIS may utilize any   amounts owed to Client under the Agreement to pay or reimburse FIS for amounts owed by Client.      7.4 All charges and fees to be paid by Client under the Agreement (including the Addenda) are exclusive of any   applicable withholding, sales, use, excise, value added or other taxes. The parties agree to cooperate in determining any   taxable and non-taxable products or services.  Any such taxes for which FIS is responsible to collect from Client shall be   billed by FIS and paid by Client. Client agrees to reimburse or indemnify FIS for any taxes, penalties and interest   assessed by any taxing authority arising out of the Agreement. FIS shall pay and hold Client harmless for any taxes on its   property, income or payroll. Client agrees to hold FIS harmless for any sales, use, excise, value added or other taxes   assessed by a taxing authority arising out of the Agreement. In the event of any assessment by a taxing authority, both   parties agree to cooperate with each other to resolve issues in order to minimize such assessment.        

 

                                                 CONFIDENTIAL TREATMENT HAS BEEN REQUESTED       Page 5 of 11      8. Intellectual Property.      8.1 Client is not acquiring a copyright, patent or other intellectual property right in any Service, Third Party Service,   Software, Deliverable, Specifications or Material, or in any data, modifications, customizations, enhancements, changes   or work product related thereto. “Deliverable” means any work product or other item (whether tangible or intangible)   created by FIS or provided by FIS to Client pursuant to the Services, Third Party Services, or Software, and which may be   described more particularly in an Addendum, SOW, or other document signed by the parties.      8.2 Any intellectual property rights that existed prior to the Effective Date of an Addendum shall belong solely to the   party owning them at that time. Neither party shall be entitled to any copyright, trade secret or patent of the other party.      8.3 Client shall not alter, obscure or revise any proprietary, restrictive, trademark or copyright notice included with,   affixed to, or displayed in, on or by a Service, Third Party Service, Software, Deliverable or Specifications.      9. Confidentiality.      9.1 Each party shall treat information received from the other that is designated as “confidential” at or prior to   disclosure ("Confidential Information") as strictly confidential. FIS designates all information relating to the Services, Third   Party Services, Software, Deliverables, Specifications and the terms of the Agreement as its Confidential Information.   Client designates non-public financial information that is personally identifiable to a Customer (referenced in the Gramm-   Leach-Bliley Act of 1999 as “Non-public Personal Information” or “NPI”) as its Confidential Information.      9.2 Each party shall: (i) restrict disclosure of the other party’s Confidential Information to employees and agents   solely on a "need to know" basis in accordance with the Agreement; (ii) advise its employees and agents of their   confidentiality obligations; (iii) require agents to protect and restrict the use of the other party’s Confidential Information;   (iv) use the same degree of care to protect the other party’s Confidential Information as it uses to safeguard its own   Confidential Information of similar importance; (v) establish procedural, physical and electronic safeguards, designed to   meet the objectives of the FFIEC Interagency Guidelines, to prevent the compromise or unauthorized disclosure of   Confidential Information and meet the requirements of Massachusetts data privacy laws and regulations, including Mass.   G.L. c.93H, 201 C.M.R. §17.00 (Standards for the Protection of Personal Information of Residents of the Commonwealth)   and any other Massachusetts data privacy law or regulation which may subsequently be enacted and issued, all as they   may be modified from time to time; and (vi) notify the other party of any unauthorized possession or use of its Confidential   Information as soon as possible following notice of that unauthorized use or possession. FIS shall promptly notify Client of   any incident that has resulted or is likely to result in the misuse of NPI, and shall comply with all Laws regarding NPI that   are applicable to it as a third party processor.      9.3 Confidential Information shall remain the property of the party from or through whom it was provided. Except for   NPI, neither party shall be obligated to preserve the confidentiality of any information that: (i) was previously known; (ii) is   a matter of public knowledge; (iii) was or is independently developed; (iv) is released for disclosure with written consent;   or (v) is received from a third party to whom it was disclosed without restriction. Disclosure of Confidential Information   shall be permitted if it is: (a) required by law; (b) in connection with the tax treatment or tax structure of the Agreement; or   (c) in response to a valid order of a U.S. court or other governmental body, provided the owner receives written notice   and is afforded a reasonable opportunity to obtain a protective order. Upon termination of an Addendum, each party shall   destroy the other party’s Confidential Information relating to that Addendum in a manner designed to preserve its   confidentiality, or, at the other party’s written request and expense, return it to the disclosing party. The party required to   destroy the data shall furnish certification of its destruction upon request. Upon termination of the Agreement, each party   shall destroy any remaining Confidential Information of the other party in the same manner or, if so requested, return it to   the disclosing party at its expense.      10. Indemnification.      10.1 Client shall indemnify, defend, and hold harmless FIS and its officers, employees, directors, agents, affiliates   and shareholders, in their individual capacities or otherwise, from and against any and all losses, claims, demands,   penalties, actions, causes of action, suits, obligations, liabilities, damages, delays, costs or expenses, including   reasonable attorney's fees (collectively, "Losses”) asserted by a third party that result from, relate to, arise out of, or are   incurred in connection with: (i) Client’s gross negligence or willful misconduct resulting in personal injury or property   damage; (ii) Client’s misuse of a Service, Materials, Third Party Service, Software, Specifications or Deliverables;   (iii) inaccurate or incomplete Data provided by or on behalf of Client; (iv) Client’s use of a Service, Third Party Service,   Software and/or Deliverable with computer programs or services owned, licensed or provided by someone other than FIS;   (v) Client’s failure to comply with applicable Laws; (vi) Client’s failure to comply with the terms of any Third Party Service     

 

                                                 CONFIDENTIAL TREATMENT HAS BEEN REQUESTED       Page 6 of 11   agreement; (vii) any claim of libel, violation of privacy rights, unfair competition or infringement of patents, trademarks,   copyrights or other intellectual property caused by Client or a Customer; or (viii) any Customer claim, action or suit,   except for a Customer Claim arising out from FIS’ breach of its obligations under Section10.4 below.      10.2 FIS shall indemnify, defend and hold harmless Client, and its officers, employees, directors, agents and   shareholders, in their individual capacities or otherwise, from and against any and all Losses asserted by a third party that   result from, relate to, arise out of, or are incurred in connection with: (i) FIS’ gross negligence or willful misconduct   resulting in personal injury or property damage; (ii) FIS’ failure to comply with laws applicable to FIS as a third party   provider of a Service; or (iii) a claim that a Service, Software, or Deliverable infringes a registered U.S. patent, trademark,   copyright.  However, FIS shall not be liable for (and Client shall indemnify FIS against) any infringement claim that results,   in whole or in part, from: (a) Client’s use of a Service, Software or Deliverable in a manner or for a purpose not   specifically described in the Agreement (including the Addenda) or Specifications; (b) Client’s use of a Service, Software   or Deliverable with computer programs, processes, hardware, systems, or services owned, licensed or provided by   someone other than FIS; or (c) Client’s products or services; or d) Client's failure to implement corrections or changes   provided by FIS. If a claim of infringement of a registered U.S. patent, trademark or copyright has been asserted, or in   FIS' opinion is about to be asserted, FIS may, at its option either: (1) procure for Client the right to continue using the   Service, Software or Deliverable; (2) replace or modify the Service, Software, or Deliverable so that it becomes non-   infringing; (3) terminate the applicable Addendum or SOW and refund all pre-paid fees covering future use of the Service,   Software or Deliverable; or (4) defend the action on Client’s behalf and pay any associated costs or damages.      10.3 FIS shall indemnify, defend and hold harmless Client, and its officers, employees, directors, agents and   shareholders, in their individual capacities or otherwise, from and against any and all Losses to the extent that they result   from, relate to, arise out of, or are incurred in connection with: (i) FIS negligence or willful misconduct resulting in personal   injury or property damage, (ii) FIS’ failure to comply with applicable laws; (iii) FIS’ material breach of this Agreement; (iv) a   claim that a Service, Software or Deliverable infringes on a registered U.S. patent, trademark or copyright or violates a   trade secret.  However, FIS shall not be liable for, and Client shall indemnify FIS from any infringement claim to the extent   caused by (a) Client’s use of a Service, Software or deliverable in a manner or for a purpose contrary to the stated use or   purposes described in this Agreement (including the Addenda) or Specifications; (b) Client’s use of a Service, Software or   Deliverable with computer programs, processes, hardware systems or services owned, licensed or provided by someone   other than FIS;  or (c) a failure to implement corrections or changes provided by FIS.        10.4 FIS and Client each shall implement and maintain technical, physical and organizational safeguards that are   designed to protect and secure all Confidential Information (including NPI) against unauthorized access, dissemination or   misappropriation, and against loss, destruction or alteration, that comply with US federal regulatory requirements, the   Massachusetts data privacy law, 201 CMR 17.00 (Standards for the Protection of Personal Information of Residents of   the Commonwealth), and any other states within the United States applicable to the Service being provided to Client    relating to data privacy, personal data and data protection.  FIS will notify Client promptly in writing of any confirmed   material security breach, intrusion, or attack that is successful in inappropriately accessing Client’s Confidential   Information; and Client will notify FIS promptly in writing of any confirmed material security breach, intrusion, or attack that   is successful in inappropriately accessing FIS’ Confidential Information affecting FIS’ products or Services to Client.  In   addition to any other right to reimbursement or indemnification specifically set forth in this Agreement, FIS agrees to   indemnify and hold Client harmless from and against all Data Confidentiality and Security Damages that are incurred by   Client. The foregoing indemnification is not subject to the monetary direct damage liability limitations set forth in Section   16.5. For purposes of this Section, “Data Confidentiality and Security Damages” means actual out-of-pocket damages,   losses, fines, penalties, deficiencies, liabilities (including settlements and judgments) incurred by Client, and the   reasonable out-of-pocket costs and expenses (including interest, court costs, fees and expenses of attorneys,   accountants and other experts and professionals and other fees and expenses of litigation and other proceedings or   arising out of any claim, default or assessment) incurred by Client, in each case to the extent caused by FIS, excluding   any indirect, incidental, consequential, special, delay or punitive damages (including, but not limited to, damages for loss   of business profits or revenue, business interruption, loss of reputation, loss of market value, loss of information, loss of   goodwill, reputational damage or other pecuniary loss).  FIS shall not be liable for any Data Confidentiality and Security   Damages to the extent caused by Client, including, without limitation, Client’s failure to properly secure its network and   electronic systems or any resulting disclosure, loss, unauthorized access or misappropriation.      10.5 The obligation to provide indemnification under this section is contingent upon: (i) the indemnified party   promptly notifying the indemnifying party in writing of any claim; (ii) the indemnifying party having sole control over the   defense and settlement of the claim; (iii) the indemnified party reasonably cooperating during defense and settlement   efforts; and (iv) the claim not arising, in whole or in part, out of the action or inaction of the indemnified party.      10.6 Except in the case of material breach by a party to whom the obligation of indemnification would otherwise be   owed, the obligations to provide indemnification under this Section 10 shall survive termination of this Agreement for a     

 

                                                 CONFIDENTIAL TREATMENT HAS BEEN REQUESTED       Page 7 of 11   period of six (6) years after termination.      10.7 To the extent that FIS engages a subcontractor, FIS shall remain solely responsible for the performance of the   subcontracted work including compliance related obligations, and Client shall have no recourse, and shall assert no   claim, against any subcontractor of FIS. FIS shall not use any subcontractors that perform all or part of any Services for   Client or store any Confidential Information of Client’s outside of the United States.      11. Disclaimer.    11.1 Limitation of Liability. FIS SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, CONSEQUENTIAL,   SPECIAL, DELAY OR PUNITIVE DAMAGES WHATSOEVER (INCLUDING BUT NOT LIMITED TO, DAMAGES FOR   LOSS OF BUSINESS PROFITS OR REVENUE, BUSINESS INTERRUPTION, LOSS OF INFORMATION, OR OTHER   PECUNIARY LOSS), EVEN IF FIS WAS ADVISED OF THE POSSIBILITY OF SUCH DAMAGE.      11.2  Except as otherwise specifically agreed, under no circumstances shall FIS be liable for any Losses caused,    by the acts or omissions, negligent, intentional or otherwise of: (i) Client; (ii) a third party; (iii) use of attachments,   features, or devices not authorized by the Specifications; (iv) improper or inadequate conditions at a site; (v) improper or   incomplete installation not caused by FIS; (vi) equipment changes, reconfigurations, upgrades or relocations; (vii) abuse,   misuse, alteration or use that is inconsistent with the terms of the Agreement or Specifications; (viii) incorrect or   incomplete Data supplied by Client or its agents other than FIS; (ix) software, hardware or systems not supplied by FIS;   (x) a Force Majeure Event; or (xi) a failure that is not directly attributable to, or reasonably anticipated by, FIS or under   FIS’ direct control.       11.3 EXCEPT AS SPECIFICALLY AGREED IN WRITING, ALL SERVICES, THIRD PARTY SERVICES,   SOFTWARE, DELIVERABLES, EQUIPMENT, AND MATERIALS ARE PROVIDED “AS IS”, AND ALL WARRANTIES,   WHETHER STATUTORY, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY,   FITNESS FOR PARTICULAR PURPOSE OR ERROR-FREE OPERATION (EVEN IF CREATED BY THE   INTERNATIONAL SALE OF GOODS CONVENTION), ARE DISCLAIMED IN THEIR ENTIRETY.      12. Outsourcing Management; TSP Audit and Vendor Diligence Information.   12.1  FIS will cooperate with Client to meet its responsibilities to diligence and audit FIS as its third party technology   service provider (TSP), as contemplated by the FFIEC IT Examination Handbook and related guidelines (TSP   Guidelines). FIS will regularly make available audit reports and materials that address Client's vendor management and   diligence requirements under the TSP Guidelines. Specific information regarding the available materials meeting the TSP   Guidelines shall be made available under the "Vendor Diligence and Audit Materials" on the FIS Client Portal.      12.2 Through its FIS Client Portal and FIS Governance Site, Client will have continuous electronic access to audit   reports, attestations, and other detailed information regarding FIS’ internal systems testing and procedures, and FIS'   information security and data privacy controls. These audit materials and attestation evidence FIS' compliance with all   industry and regulatory standards and include recent independent audits (such as SSAE 16's), third party attestations and   certifications (such as AT101's and PCI AOC's), and detailed information and testing results regarding physical, technical   and administrative controls utilized by the Service business lines within FIS and the security of Client's Confidential   Information.       12.3  Client may attend any or all of the FIS In-Depth Conferences, which provide detailed audit information and in-   depth in-person discussions with FIS’ senior executive team regarding FIS' information security and risk management   processes and system testing results. The In-Depth Conferences provide Client with comprehensive vendor diligence   information, including (i) a thorough, interactive review of FIS enterprise-wide security and system controls, and (ii)   specific assessments of industry standards and best practices for financial technology information security and risk   management. Currently, FIS offers four (4) In-Depth Conferences each year, with clients attending a two-day event onsite   at different FIS facilities.       12.4 FIS shall permit governmental agencies that regulate Client in connection with a Service performed by FIS to   examine FIS' books and records to the same extent as if that Service was being performed by Client on its own premises,   subject to FIS' confidentiality and security policies and procedures.      12.5  FIS shall (i) conduct regular vulnerability tests and security audits and provide Client with the summaries of   such tests and audits upon reasonable request by Client; and (ii) use commercially reasonable efforts to regularly   upgrade the Service in order to be consistent with generally accepted industry and security standards.        13. Use of Names and Trademarks. FIS may use Client’s name and logo: (i) in a general listing of users of its products     

 

                                                 CONFIDENTIAL TREATMENT HAS BEEN REQUESTED       Page 8 of 11   and services; and (ii) as reasonably necessary to perform any Services. Other than the foregoing: (a) neither party shall   use the other party’s logos, trademarks or stock exchange ticker symbol unless pre-approved in writing; and (b) the   parties shall consult with each other in preparing any press release or other similar communication that mentions or   implies a relationship between them.      14. Relationship.        14.1 FIS is an independent contractor. Neither FIS nor any of its representatives are an employee, partner or joint   venturer of Client. FIS has the sole obligation to supervise, manage and direct the performance of its obligations under   the Agreement. FIS reserves the right to determine who will be assigned to perform its obligations, and to make   replacements or reassignments as it deems appropriate. Each party shall be solely responsible for payment of   compensation to its respective personnel, and assumes full responsibility for payment of all federal, state, local and   foreign taxes or contributions imposed or required under unemployment insurance, social security and income tax laws   with respect to such personnel. Except as expressly stated in the Agreement, neither party shall be an agent of the other,   nor have any authority to represent the other in any matter. To the extent that FIS engages a subcontractor, FIS shall   remain solely responsible for the performance of the subcontracted work. Client shall have no recourse, and shall assert   no claim, against any subcontractor of FIS.       14.2 For Services provided by a Third Party, Client will advise FIS of the terms of its Client’s Vendor Management   Program that apply. FIS agrees to use all reasonable efforts to seek and maintain Third Party compliance in a timely and   thorough manner with all applicable requirements.        15. Insurance. FIS shall maintain and provide annual evidence of the following minimum insurance coverage and limits:   (i) statutory workers’ compensation in accordance with all Federal, state, and local requirements; (ii) employer’s liability   insurance with limits of coverage of $1,000,000 (a) per accident, bodily injury (including death) by accident, (b) per bodily   injury (including death) by disease, and (c) per employee for bodily injury (including death) by disease as required by the   state in which the Services are performed; (iii) commercial general liability with an aggregate of $2,000,000, and   $1,000,000 per occurrence for bodily injury, property damage and personal injury; (iv) automobile liability insurance,   including FIS-owned, leased, and non-owned vehicles with a single limit of $1,000,000; (v) property insurance, covering   the hardware and other equipment used by FIS to provide the Services; (vi) errors and omissions, including technology   E&O coverage, with limits of $10,000,000 per claim and in the aggregate; (vii) umbrella (excess) liability insurance for the   above-referenced comprehensive general liability and employer’s liability coverage in the amount of $10,000,000 per   occurrence and in the aggregate; and (viii) crime insurance, with coverage extended to include property of Client in the   care, custody, or control of FIS, or for which FIS is legally liable, with limits of $10,000,000 per claim and in the aggregate.   Client and FIS shall in good faith renegotiate a reasonably satisfactory the amount of required insurance coverage every   three years.       16. Termination and Additional Remedies.      16.1 In addition to any other remedies, either party may terminate this Agreement or an Addendum on thirty (30)   days advance written notice if the other party: (i) fails to cure a material breach within thirty (30) days of receiving written   notice to do so; (ii) is the subject of a dissolution, reorganization, insolvency or bankruptcy action that is not dismissed   within forty-five (45) days of being filed; (iii) suffers the appointment of a receiver, conservator or trustee; (iv) commits any   act related to the Service with an intent to defraud the other party; (v) discontinues performance under the Agreement   because of a binding order of a court or regulatory body. If a breach cannot reasonably be cured within thirty (30) days,   the non-breaching party may not terminate the Agreement so long as the breaching party promptly commences work and   completes correction within ninety (90) days of receiving written notice of the breach. However, notwithstanding the   foregoing: (a) if a party has delivered a notice of material breach regarding the same issue to the other party on two   previous occasions within a twelve (12) month period, then the party not in breach shall not be required to permit the   other party ninety (90) days to cure, but may terminate with respect to the Service for which a repeated breach has been   documented  at the sole election of the party not in breach, and without the requirement to pay Services Liquidated   Damages for the Service terminated; and (b) if the material breach is a breach by FIS of customer information security, or   a breach of laws under the Graham-Leach-Bliley Act of 1999 or the Massachusetts Privacy Act, then the Client may   terminate any or all of the Services under this Agreement upon not less than sixty (60) days’ notice without the   requirement of paying any Services Liquidated Damages.      16.2 Due to the likelihood of irreparable injury, each party shall be entitled to seek an injunction against the other for   any breach of confidentiality, indemnification and intellectual property obligations.      16.3 If an Addendum is terminated by FIS prior to the end of its term for Client’s breach pursuant to the terms of the   Agreement, or if Client terminates the Agreement or an Addendum prior to the end of its term (except as otherwise     

 

                                                 CONFIDENTIAL TREATMENT HAS BEEN REQUESTED       Page 9 of 11   permitted hereunder), Client shall pay FIS, in addition to any other amounts owed, liquidated damages (“Services   Liquidated Damages”) equal to: (i) the greater of (a) the Applicable Percentage of the average monthly fees incurred   under each terminated Addendum during the preceding six (6) months (or, during such shorter period if the Service has   been in production for less than six (6) months), (b) any minimum fees due under each Addendum, or (c) Applicable   Percentage of the estimated monthly charge for the Service (as set forth in the pricing attachment to each terminated   Addendum), in each case multiplied by the number of months remaining in the then current period of the terminated   Addendum; (ii) any costs incurred by FIS as a consequence of the termination; plus (iii) any unpaid one-time fees set   forth in each terminated Addendum. If termination of the Agreement or an Addendum occurs prior to the providing of any   such Services, then the amount due under subsection (i) above will be calculated using the minimum monthly amount   due for each such Service, if any, or the estimated monthly charge (as set forth in the pricing attachment) that FIS would   have reasonably expected to receive. If Services Liquidated Damages are paid to FIS in connection with an acquisition of   Client by a third party, and the acquisition does not occur and Client retains the Services as before the acquisition, then   FIS shall, at Client’s option, refund the amount paid as Services Liquidated Damages within thirty (30) days of Client’s   request, or credit such amounts paid toward future amounts owed to FIS. As used herein the term “Applicable   Percentage” means *****percent (*****%) for each Addendum designated in the Order Form as a “Core” Software, Service   or Third Party Service, and *****percent (*****%) for any other Software, Service or Third Party Service.      16.4 Upon termination of the Agreement or an Addendum, FIS shall cooperate in the transition of the Services to   Client or a replacement service provider and, if requested by Client, perform ancillary services for the applicable fees.   However, no master files, transaction data, test data, record layouts or other similar information shall be provided by FIS   until: (i) Client and, if applicable, the replacement service provider, have executed FIS’ deconversion confidentiality   agreement; (ii) Client has fully paid all outstanding amounts; (iii) Client has made a reasonable deposit or completely   prepaid FIS’ fees for deconversion assistance; and (iv) the parties mutually agree on a date for deconversion that is at   least one hundred eighty (180) days following FIS' receipt of Client’s notice of deconversion. If the one hundred eighty   (180) day period ends between the third week of November and the third week of January, the time period for completing   deconversion may be extended until the first week of February. In addition, upon termination of the Agreement, FIS may,   at Client's request and expense, continue to provide the corresponding Service(s) until the deconversion is completed,   provided the parties agree to such continuation in writing.        16.5 Excepting for damages not subject to the cap contained in this Section 16.5, FIS’ total liability to Client for a   Service shall be limited to the aggregate  amount of fees actually paid by Client for the corresponding Service during the    ***** (*****) months preceding the date of the event that is the basis for the first claim.  However, if the negligence or error   by FIS is in the performance or nonperformance of its Data processing duties hereunder or under any Addendum, then   FIS’ liability shall be limited to reprocessing the Data for Client, in which event, FIS’ obligation to reprocess Data is   contingent upon Client promptly notifying FIS within two (2) business days or two (2) processing cycles after the receipt of   erroneous Data.       16.6 If FIS’ rating under the Uniform Rating System for Information Technology (URSIT) is at any time downgraded   to “4” or “5”, then FIS will promptly notify Client of such downgrade and Client may at that time (but shall not be required   to) declare that a breach of its contract has occurred.  In such event, Client will communicate in writing to FIS that a   breach of contract has occurred, and FIS shall then have 30 days to communicate to Client FIS’s plan to correct the   breach of contract and an additional 60 days to correct such breach.  If FIS does not agree that a breach has occurred,   the parties will utilize the arbitration provisions set forth in this Agreement and if the arbitrator determines that a breach of   Client’s contract has occurred, then Client may terminate this Agreement without the requirement of paying Services   Liquidated Damages, early termination fees or deconversion fees.      17. Export Restrictions and Unlawful Activity.       17.1 FIS’ Confidential Information is subject to export controls under applicable law. Accordingly, Client shall:   (i) remain in compliance with all requirements associated with these laws; (ii) cooperate fully with any audit related to   these laws; and (iii) not utilize FIS’ Confidential Information in any country that is embargoed by the U.S. government.   Client shall be solely responsible for the importation of FIS’ Confidential Information, including obtaining any approval or   permit necessary for importation or use.      17.2 Neither Client nor any of its directors, officers, agents, employees or other persons associated with or acting   on its behalf: (i) have received or will receive any unlawful contribution, gift, entertainment or other payment from FIS;   (ii) is a governmental entity; or (iii) is in violation of, or will violate any applicable anti-corruption or anti-bribery law. FIS   shall have an irrevocable right to immediately terminate the Agreement or any other relationship with Client if this   subsection is breached.      18. Miscellaneous.     

 

                                                 CONFIDENTIAL TREATMENT HAS BEEN REQUESTED       Page 10 of 11      18.1 Client shall not assign, subrogate or transfer any interest, obligation or right arising out of the Agreement   without prior written consent from FIS, which shall not be unreasonably withheld. Any dissolution, consolidation, merger,   transfer or reorganization of a majority of the assets or stock of Client shall constitute an attempted assignment, and shall   be void from its inception. Subject to the foregoing, the terms of the Agreement shall be binding upon and inure to the   benefit of permitted successors and assigns.      18.2 Any claim, controversy or dispute between the parties with respect to the terms and conditions of this   Agreement, or any subject matter governed by this Agreement, other than disputes regarding a party’s compliance with   the confidentiality provisions of this Agreement (which either party may present to a court of competent jurisdiction), that   has not been resolved through informal methods set forth in this Agreement shall be resolved through binding arbitration   of the issue in accordance with the following procedures.  The election of arbitration as the sole ultimate remedy for   dispute resolution, however, shall not limit the ability of either party to send notices of termination or otherwise exercise   their rights of termination set forth in this Agreement.        (a) Either party may request arbitration by giving the other involved party written notice to such effect, which   notice shall describe, in reasonable detail, the nature of the dispute, controversy or claim.  Such arbitration shall be   governed by the Commercial Arbitration Rules of the American Arbitration Association, 1939 Rhode Island Avenue, N.W.,   Suite 509, Washington, D.C. 20036 ("AAA"), as amended by this Agreement and conducted in English.        (b) Upon either party's request for arbitration, an arbitrator shall be selected by mutual agreement of the   parties to hear the dispute in accordance with AAA rules.  If the parties are unable to agree upon an arbitrator, then either   party may request that the AAA select an arbitrator and such arbitrator shall hear the dispute in accordance with AAA   rules.  For disputes amounting to US $1,000,000 or more, a panel of three arbitrators shall be selected to hear the   dispute.  In such case, each party shall select one arbitrator who shall be unaffiliated with such party, and the two   arbitrators shall select a third arbitrator.  If the two arbitrators are unable to agree upon a third arbitrator, the AAA will   select the third arbitrator.  In the case of a three-arbitrator panel, the decision of a majority shall control.  If FIS requests   arbitration, the arbitration shall be held in Boston Massachusetts.  If Client requests arbitration, the arbitration shall be   held in Jacksonville, FL.        (c) Each of the parties shall bear its own fees, costs and expenses of the arbitration and its own legal   expenses, attorneys' fees and costs of all experts and witnesses. Unless the award provides otherwise, the fees and   expenses of the arbitration procedures, including the fees of the arbitrator or arbitrators, will be shared equally by the   involved parties.  At such time as the dispute is resolved, interest at a rate equal to the lesser of (i) the prime rate plus 2%   per annum as announced from time to time by the Bank of America  or its successor or (ii) 12% (as calculated on the   basis of the actual days in the applicable calendar year) for the period of dispute shall be paid to the party entitled to   receive the disputed monies to compensate for the lapsed time between the date such disputed amount originally was to   have been paid (or was paid) through the date monies are paid (or credited) in settlement of the dispute.        (d) Any award rendered pursuant to such arbitration shall be final, conclusive and binding upon the parties,   and any judgment thereon may be entered and enforced in any court of competent jurisdiction.       18.3 This Agreement shall be interpreted, construed, governed and enforced in accordance with the laws of the State   of Delaware, excluding its rules governing choice of laws.      18.4 All notices given in connection with the Agreement must be in writing and delivered via overnight delivery.   Notices shall be delivered to the address set forth in the Agreement. Notices to FIS shall include a copy (which shall not   constitute notice) to the General Counsel at the same address.  Telephone communications between FIS and Client   and/or Customers may be monitored or recorded without further notice in order to maintain service quality.      18.5 FIS shall not be liable for any loss, damage or failure due to causes beyond its control, including strikes, riots,   earthquakes, epidemics, terrorist actions, wars, fires, floods, weather, power failure, telecommunications outage, acts of   God or other failures, interruptions or errors not directly caused by FIS (“Force Majeure Event”).      18.6 Neither Client nor FIS shall be liable for any indirect, incidental, consequential, special, delay or punitive   damages whatsoever (including but not limited to, damages for loss of business profits or revenue, business interruption,   loss of information, or other pecuniary loss), even if they have been advised of or should have been aware of the   possibility of such damage.      18.7 Each party represents and warrants that it has full legal power and authority to enter into and perform its   obligations without any additional consent or approval.     

 

                                                 CONFIDENTIAL TREATMENT HAS BEEN REQUESTED       Page 11 of 11      18.8 The Agreement (including these General Terms, all Addenda, and the pricing attachments) together with any   attachments thereto, constitute the entire agreement and understanding of the parties with respect to its subject matter.   All prior agreements, understandings and representations regarding the same or similar services are superseded in their   entirety. In the event of a conflict, ambiguity or contradiction in documents, the documents will take precedence over each   other in accordance with the following ranking: (i) SOWs; (ii) exhibits and attachments; (iii) Addenda; (iv) Specifications;   and (v) these General Terms. The Agreement may only be modified by a written document signed by both parties. The   parties do not intend, nor shall there be, any third party beneficiary rights.      18.9 No waiver of any provisions of the Agreement and no consent to any default under the Agreement shall be   effective unless in writing and signed by the party against whom such waiver or consent is claimed. No course of dealing   or failure to strictly enforce any provision of the Agreement shall be construed as a waiver of such provision for any   party’s rights. Waiver by a party of any default by the other party shall not be deemed a waiver of any other default.      18.10 If any provision of the Agreement is unenforceable in any respect under law, such enforceability shall not affect   any other provision of the Agreement, and the Agreement shall be construed as if such unenforceable provision had not   been included to the extent necessary to bring it within the requirements of that law. This Agreement shall not be   construed more strongly against either party, regardless of who is more responsible for its preparation. The headings that   appear in these General Terms are inserted for convenience only and do not limit or extend its scope.       18.11 The Agreement shall remain in effect until the date on which the last Addendum in effect is terminated,   provided, however, that termination of the Agreement or an Addendum shall not impact any right or obligation arising prior   to termination, and in any event, Sections 8, 9, 10, and 11, as well as Subsection 18.2, of these General Terms shall   survive termination of the Agreement.       18.12 The benefits and obligations of this Agreement shall only inure to the benefit of and/or be binding upon the   parties hereto, and, for Client, its named subsidiaries, and for both parties, their permitted successors and permitted   assigns. The parties do not intend, nor shall there be any third party beneficiary rights.       

 

   CONFIDENTIAL TREATMENT HAS BEEN REQUESTED         ORDER FORM    EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 1      Prepared for: Independent Bank Corp    288 Union Street.    Rockland, MA 02370    Order Form Reference: 00040989.0    Master Agreement: 00001055.0    Order Form Effective Date:  1/01/2015    Fidelity Information Services, LLC   601 Riverside Avenue   Jacksonville, FL 32204‐2946      CORE SOLUTIONS & TERM    SOLUTION  APPLICABLE ADDENDUM  INITIAL TERM  RENEWAL TERM    Core Processing    Services    The attached Core Processing    Services Addendum applies to this    product.    72 months  12 months    Horizon Cornerstone  The attached Core Processing    Services Addendum applies to this    product.    72 months  12 months    HORIZON Banking    System and Additional    Licensed Software    The attached Horizon Software    License and Maintenance Addendum    applies to this product.    72 months  12 months    Horizon Data Vaulting    Services    The attached Data Vaulting Services    Addendum Horizon applies to this    product.    72 months  12 months    Business Continuity    Services – Horizon    The attached Disaster Recovery    Services Addendum ‐Horizon applies    to this product.    72 months  12 months    Miscellaneous   Hardware – Horizon    The attached Equipment and   Maintenance Addendum applies to   this product.    See addendum See addendum   SOLUTIONS & TERM    SOLUTION  APPLICABLE ADDENDUM  INITIAL TERM  RENEWAL TERM    QualiFile  The attached ChexSystems Services    Addendum applies to this product.    72 months  12 months    QualiFile Advantage  The attached ChexSystems Services    Addendum applies to this product.    72 months  12 months    CCX ‐ Merchant    Capture    The attached Commercial Capture    Xpress Services Addendum applies to    this product.    72 months  12 months    Commercial Capture    Xpress    The attached Commercial Capture    Xpress Services Addendum applies to    this product.    72 months  12 months    eDelivery Services  The attached eDelivery Services    Addendum applies to this product.    72 months  12 months    Premium Membership    (or Compliance    Advisory)    The attached EGRC Solution Services    Addendum applies to this product.    72 months  12 months    3‐D Secure  The attached Electronic Funds  72 months  12 months     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 2      Transfer Services Addendum applies    to this product.    ATM Acquiring    Processing    The attached Electronic Funds    Transfer Services Addendum applies    to this product.    72 months  12 months    ATM/Debit Card Issuing    Processing    The attached Electronic Funds    Transfer Services Addendum applies    to this product.    72 months  12 months    Automated General    Ledger Entries    The attached Electronic Funds    Transfer Services Addendum applies    to this product.    72 months  12 months    Debit MasterCard/Visa    Check Services    The attached Electronic Funds    Transfer Services Addendum applies    to this product.    72 months  12 months    EFT Services ‐ Norcross  The attached Electronic Funds    Transfer Services Addendum applies    to this product.    72 months  12 months    Fraud Alert    Management    The attached Electronic Funds    Transfer Services Addendum applies    to this product.    72 months  12 months    Host Interface ‐ FIS ‐    Realtime    The attached Electronic Funds    Transfer Services Addendum applies    to this product.    72 months  12 months    Lost/Stolen Card    Service ‐ 24 hr ‐ 800#    The attached Electronic Funds    Transfer Services Addendum applies    to this product.    72 months  12 months    Miscellaneous    Additional Services    The attached Electronic Funds    Transfer Services Addendum applies    to this product.    72 months  12 months    Network Monthly    Connection    The attached Electronic Funds    Transfer Services Addendum applies    to this product.    72 months  12 months    PIN‐based Transaction  The attached Electronic Funds    Transfer Services Addendum applies    to this product.    72 months  12 months    Signature Based    Authorizations/Clearing    Transactions    The attached Electronic Funds    Transfer Services Addendum applies    to this product.    72 months  12 months    Surcharged ATM    Transactions    The attached Electronic Funds    Transfer Services Addendum applies    to this product.    72 months  12 months    Base EFT Processing    Services    The attached Electronic Funds    Transfer Services Addendum ICBA    applies to this product.    72 months  12 months    Stand‐in Transactions  The attached Electronic Funds    Transfer Services Addendum    Norcross applies to this product.    72 months  12 months     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 3      ID Authentication  The attached Fraud Detection and    Identity Services Addendum applies    to this product.    72 months  12 months    ID Verification  The attached Fraud Detection and    Identity Services Addendum applies    to this product.    72 months  12 months    BCX ‐ Package or    Software and    Installation    The attached Item Processing    Services Addendum applies to this    product.    72 months  12 months    Branch Capture Express  The attached Item Processing    Services Addendum applies to this    product.    72 months  12 months    Image Archive Services  The attached Item Processing    Services Addendum applies to this    product.    72 months  12 months    Payment Services    Processing    The attached Item Processing    Services Addendum applies to this    product.    72 months  12 months    Transaction Account    Protection    The attached Item Processing    Services Addendum applies to this    product.    72 months  12 months    Advanced Login    Authentication ‐    BPPMB    The attached Payment Manager    Services Addendum applies to this    product.    72 months  12 months    Bill Pay ‐ Payment    Manager Business    The attached Payment Manager    Services Addendum applies to this    product.    72 months  12 months    Bill Pay ‐ Payment    Manager Consumer    The attached Payment Manager    Services Addendum applies to this    product.    72 months  12 months    Expedited Overnight    Check Payments    The attached Payment Manager    Services Addendum applies to this    product.    72 months  12 months    Expedited Same Day    Electronic    The attached Payment Manager    Services Addendum applies to this    product.    72 months  12 months    FIS Sends End User    Notification    The attached Payment Manager    Services Addendum applies to this    product.    72 months  12 months    Payment Manager    Services ‐ Business    The attached Payment Manager    Services Addendum applies to this    product.    72 months  12 months    Rich Remittance Check    Fee    The attached Payment Manager    Services Addendum applies to this    product.    72 months  12 months    Standard Business    Processing    The attached Payment Manager    Services Addendum applies to this    72 months  12 months     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 4      product.    Fraud Management    Services ‐ BPPMB    The attached Bill Payment Services    Supplement applies to this product.    72 months  12 months    Fraud Management    Services ‐ BPPMC    The attached Bill Payment Services    Supplement applies to this product.    72 months  12 months    Payment Manager    Services ‐ Consumer    The attached Bill Payment Services    Supplement applies to this product.    72 months  12 months    Standard Consumer    Processing    The attached Bill Payment Services    Supplement applies to this product.    72 months  12 months    FIS Output Solutions  The attached Print, Mail and    Messaging Services Addendum    applies to this product.    72 months  12 months    Print, Render, and    Mailing Services    The attached Print, Mail and    Messaging Services Addendum    applies to this product.    72 months  12 months    BankTEL Financial Suite  The attached Software License and    Maintenance Addendum applies to    this product.    72 months  12 months    Call Reporter  The attached Software License and    Maintenance Addendum applies to    this product.    72 months  12 months    TimeSaver Premier  The attached Software License and    Maintenance Addendum applies to    this product.    72 months  12 months    Y9Reporter  The attached Software License and    Maintenance Addendum applies to    this product.    72 months  12 months    Accounts Payable ‐    BTEL    The attached Financial Accounting    Suite powered by BankTel Systems    Software Supplement applies to this    product.    72 months  12 months    FIS Xpress Deposits  The attached Xpress Deposit Services    Addendum applies to this product.    72 months  12 months    FXD ‐ Consumer    Remote Deposit    Services    The attached Xpress Deposit Services    Addendum applies to this product.    72 months  12 months       Each Service on this Order Form will begin on the Commencement Date for that Service and continue for    the initial term in the table above (the “Initial Term”). The Commencement Date of a Service or Software    already  in  use  by  Client  as  of  the  Effective Date  shall  be  1/01/2015.  The  Commencement Date  of  a    Service or Software not already  in use by Client as of the Effective Date shall be as set forth  in Section    2.1.1  of  the  General  Terms  or  in  the  case  of  Software,  Section  3.1  of  the  Software  License  and    Maintenance Addendum.   After  the  Initial Term, the term of  the Service automatically renews  for the    renewal term in the table above (each, a “Renewal Term”) unless terminated by you or FIS in writing at    least 180 days prior to the last day of the Initial Term or of the then current Renewal Term.          

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 5      Migration to FIS Document Management: During the term Client’s ALLView Licensed product  is being    replaced  with  FIS  Document  Management  as  described  in  the  pricing  attachment.    Upon  the    Commencement Date of FIS Document Management, the enterprise license for ALLVIEW shall terminate    without penalty.  The maintenance for each ALLView and FIS Document Manager are as described in the    Core Processing Pricing Attachment.        Equipment  and  Maintenance  Charge:  Client  previously  purchased  the  Hardware  described  in  the    Equipment  and  Maintenance  Addendum  and  the  parties  agree  that  the  established  payments  of    $****** per month for such purchase shall continue through May 2017 at which time,  if all payments    have been made, this monthly charge shall cease.    FIS and Client are parties to that certain Information Technology Services Agreement dated 01/12/2011    (“Prior  Agreement”),  for  the  provision  of  the  following  services  (“Excluded  Services”):  (a)  Network    Services, and (b) Business Credit Card Services (Base 2000). As of the Effective Date, the Prior Agreement    shall terminate for all Software and Services, except for the Excluded Services, which FIS shall continue    for  the  balance  of  the  unexpired  term  of  the  Prior  Agreement.  The  Prior  Agreement  is  also  hereby    modified to strike the General Terms and Conditions that were incorporated by reference as part of the    Prior  Agreement,  and  the  General  Terms  and  Conditions  of  this  Agreement  are  incorporated  by    reference into the Prior Agreement as the applicable General Terms and Conditions thereto.    FIS and Client are parties to that certain  Information Technology Services Agreement dated 07/1/2010    (“Prior  Agreement  2”),  for  the  provision  of  the  following  services  (“Additional  Excluded  Service”):    Remittance Processing Services, As of the Effective Date, the Prior Agreement 2 shall terminate for all    Software  and  Services,  except  for  the  Additional  Excluded  Service, which  FIS  shall  continue  for  the    balance of the unexpired term of the Prior Agreement 2. The Prior Agreement 2 is also hereby modified    to  strike  the General Terms and Conditions  that were  incorporated by  reference as part of  the Prior    Agreement 2, and the General Terms and Conditions of this Agreement are  incorporated by reference    into the Prior Agreement 2 as the applicable General Terms and Conditions thereto.    This  Order  Form  is  governed  by  the  Information  Technology  Services  Agreement  between  Fidelity    Information  Services,  LLC and  Independent Bank Corp. dated 2/27/2015.  In  the event of any  conflict    between  this Order  Form  and  the Agreement,  the  terms of  this Order  Form  govern  the  Software or    Services on this Order Form. By signing this Order Form, you agree to purchase the Services and license    the Software listed on the attached pricing attachment(s) at the prices listed.       INDEPENDENT BANK CORP  FIDELITY INFORMATION SERVICES, LLC    Signature: /s/ Barry Jensen  {CSH}  Signature: /s/ Tammy Seeds {FSH}   Name: Barry Jensen       {CNH}  Name: Tammy Seeds        {FNH}    Title: CIO         {CTH}  Title: Controller, Sales Finance       {FTH}   Date: 2/27/2015 | 11:48 ET        {CDSH}  Date: 2/27/2015 | 17:20 ET           {FDSH}         

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 6       CORE PROCESSING SERVICES ADDENDUM      1. Introduction. Independent Bank Corp. of Rockland, MA ("Client") engages FIS to provide core   processing services described herein or indicated in the pricing attachment (“Service(s)”) for depository and   loan accounts of Client and its affiliates using the HORIZON computer software system (“System”) in   accordance herewith. The Service shall permit Client’s Customers to initiate and settle transactions from   depository and loan accounts maintained by Client (“Accounts”). The particular Accounts to be processed shall   be identified by Client from time to time during the term.   2. Data.   2.1 FIS shall not be responsible for the accuracy, completeness or authenticity of any Data furnished by   Client or a third party, and shall have no obligation to audit, check or verify that Data. If any Data submitted by   Client or a third party to FIS is incorrect, incomplete or not in the required format, FIS may require Client to   resubmit the Data or FIS may correct the Data and bill Client its then current rates for performing those   corrections. FIS shall attempt to notify Client prior to Client incurring such expense. However, FIS shall be   responsible for any Data lost or damaged as a result of FIS’ negligence.   2.2 Except to the extent FIS has been engaged by Client to maintain Data for reconstruction, Client shall   maintain a copy of all Data submitted to FIS (whether directly or through a third party) to permit reconstruction if   ever required. Client assumes all risk and expense associated with Data reconstruction, except for those   expenses incurred as a direct consequence of FIS’ material breach of its obligations to Client. Unless the   parties have agreed in advance on a reconstruction schedule, if Data reconstruction is ever required, the   parties must mutually agree on a schedule for that reconstruction.   3. Responsibilities of the Parties.   3.1 Responsibilities of Client:   (a) Data Processing Premises. Client agrees to provide FIS with adequate premises, in good repair, to   perform its responsibilities hereunder. Such premises shall be referred to herein as the “Data Center”. Without   limiting the generality of the foregoing, Client agrees to supply water, sewer, heat, lights, telephone lines and   equipment, air conditioning, electricity (including, if desired by Client, an uninterruptible power system, battery   backup and backup generator capacity), janitorial services, office equipment and furniture, and parking spaces   for FIS employees under the same conditions provided to employees of Client. FIS is not responsible to Client   for any injury or damage to tangible personal property or persons which occurs in or around the Data Center   unless caused by FIS’s negligence or willful misconduct. Client will provide telephone equipment and telephone   service for FIS to communicate with the employees of Client, and as may be reasonably required by FIS to   operate the Data Center.    (b) Except as otherwise expressly provided herein, Client is responsible for the operation of any of its   data processing facilities other than the Data Center. Client and FIS agree to provide or perform their   respective responsibilities as indicated below.     (c) Client Resources. During the Term, Client will provide the Client resources reasonably required for   FIS to provide the Services.   (d) Required Consents. For the purposes of this Addendum, a “Required Consent” shall mean   permission for FIS to use those assets, services, and rights, if any, leased, contracted for, licensed, or owned   by Client, Client software, and Client-provided third party software, if any, to be made available to FIS by Client   to enable FIS to provide the Services.   (ii) Cooperation. Client shall obtain all Required Consents. Upon Client’s request, FIS shall assist   Client in obtaining the Required Consents. Once each such Required Consent has been obtained, Client shall   provide a copy of it to FIS. Until such time as the Required Consent has been obtained by Client, any right to   use the affected Client resource shall not be deemed to have been transferred to FIS, and the parties shall   cooperate with each other in achieving a reasonable alternative arrangement for the use of the affected Client   resources.   (iii) Costs. Any cost incurred by FIS at Client’s request in obtaining a Required Consent shall be   separately charged by FIS to Client as a pass-through expense. Upon request of Client, FIS will provide an   estimate of such cost and submit to Client prior to incurring such cost.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 7      (e) Compliance. Client shall comply with all rules, regulations or laws associated with its use of the   Service, including those relating to usury, truth-in-lending, fair credit reporting, equal credit opportunity,   automated clearing house transfers, electronic funds transfer, privacy and direct marketing, regardless of   whether Client uses any forms or other Material supplied by FIS. Client assumes all risk and liability associated   with its Accounts, including any risk of counterfeit, charged-back and fraudulent transactions. Client authorizes   FIS to comply with all laws applicable to the Service, including any that pertain to the regulation and   examination of Client, and shall pay FIS any fees associated with furnishing Data and/or Output to agencies or   other bodies that regulate Client.   3.2 Responsibilities of FIS:   (a) Resources and Data Processing Services. FIS will provide to Client the FIS resources, and the   data processing services described in this Agreement, including the Exhibits and Attachments which are   incorporated herein. The services provided by FIS to Client shall generally include, but not be limited to, the   general management of Client’s data processing, installation and enhancement of FIS-developed software   systems, operation of software systems developed by FIS and third parties, programming, furnishing,   maintaining and operating computer equipment, and providing information in various media forms (hereinafter   collectively referred to as “Services”).   (b) The Parties’ shall be responsible for their respective inputs and outputs as described in Exhibit A   Section 6 attached hereto. Client must: (i) review, verify and audit all Output; and (ii) balance all reports to   verify accuracy and master file information. Client must reject incorrect Output: (a) by the close of the same   business day Output is received; (b) within five (5) business days of receiving annual, quarterly or monthly   Output; and (c) within three (3) business days after receiving all other Output. FIS will correct any Output errors   caused by FIS that are identified within these time frames at no charge. FIS will attempt to correct all other   Output errors at Client’s expense. Client's sole remedy for an Output error is correction as described in this   subsection.    (c) Resident Technical Staff. As of the Effective Date of this Addendum, FIS will provide nine (9)   technical and analyst personnel. Four (4) operators, one operations supervisor, one (1) programmer, two (2)   business analysts, and one (1) account manager) (collectively, the "Resident Staff”). Subject to a reasonable   time for replacements in the event of resignations or terminations, FIS will maintain such staffing level   throughout the Term of the Addendum. If Resident Staff is reduced for any period over 60 days, the monthly   fee will be reduced on a per diem basis. Duties of the Resident Staff shall consist of installing and maintaining   the HORIZON software, installing program updates, installing new systems and subsystems, programming,   user interface, communication and customer service, systems programming, attending education classes,   Customer meetings and research meetings. Client requested HORIZON program modifications and general   programming duties will be provided by non-resident FIS personnel at the HORIZON Professional Services rate   identified in the Core Processing Services Pricing Attachment  if the Resident Staff is unable to perform such   duties.   The Resident Staff will monitor any Client-requested projects, and FIS will provide Client with status   updates periodically based on frequency that is at the discretion of Client. Client shall have the right to establish   all programming and project priorities for the Resident Staff. However, changes in priorities which require   reassignment of the Resident Staff to other responsibilities may result in an increase of the time required by   FIS to complete certain tasks. At Client's written request, FIS will increase (when and as resources are   available) or decrease the Resident Staff, in accordance with the procedures described in Pricing Attachment.    During the Term of the Addendum, FIS and Client may mutually agree to increase or decrease the   Resident Staff If Client decreases the Resident Staff, the Base Processing Fee will be reduced appropriately.   Either FIS or Client may reduce the number of Resident Staff during the Term of the Addendum by providing no   less than ninety (90) days’ prior written notice to the other party. The parties acknowledge and agree that in   order for FIS to provide the Services as they are described in this Addendum, a certain level of staffing is   required. If Client requests a reduction in Resident Staff, and if FIS determines in good faith that such a   reduction will negatively impact FIS’s ability to perform the Services in accordance with the terms of this   Addendum, FIS will so notify Client and the parties will use all reasonable efforts to come to agreement on a   staffing level that will enable FIS to provide the Services in accordance with this Addendum. If FIS and Client   are unable to reach such an agreement, FIS reserves the right to adjust any Services or delivery timetables   accordingly. When the parties have agreed upon a resource reduction, the monthly Base Processing Fee will   be reduced by the monthly amount applicable to the eliminated resource(s). The amount of the reduction will be   based on the position held by the eliminated resource and the average monthly cost of that position under this     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 8      Addendum. If Client eliminates a part of the Resident Staff, Client will pay any outplacement, termination and/or   severance costs incurred by FIS for this type of resource which shall not, in any event, exceed six months of   pay for that resource. FIS will promptly respond to Client's request with a proposed fee schedule adjustment   which shall be reasonable in light of the related costs of salaries, recruiting, relocation, severance, and   employee benefits resulting from any such increase or decrease. Quotes for increases or decreases in the   Resident Staff will be in minimum increments of one person for a minimum term of one year or for such other   minimum increment or minimum term as may be agreed upon in writing between Client and FIS, such as part   time or temporary increments for a specified time period. FIS will have up to 120 days to implement agreed   changes in the Resident Staff.   (d) Security Standards. FIS has implemented and shall maintain appropriate administrative, technical   and physical safeguards with respect to Client’s Proprietary Information. Further, FIS will adhere to such   additional security measures with respect to Client's customer information as may reasonably be imposed by   Client. If implementation and/or adherence to such additional security measures increases FIS’s costs of   operation, Client and FIS will discuss and mutually agree upon an appropriate reimbursement for FIS.   (e) Training. During the Term of this Addendum, FIS will provide to Client up to ten (10) days of   training or consulting services on HORIZON each calendar year. Additional training and consulting can be   provided by FIS upon payment of FIS's then-current published fees, subject to normal space availability   requirements and compliance with FIS’s standard registration and enrollment deadlines and procedures. Client   will pay all travel and lodging expenses of its personnel while attending FIS courses at FIS locations, and all   travel and lodging expenses for FIS personnel when training or consulting is at Clients location.   (f) Compliance. The parties acknowledge and agree that Client remains fully and completely   responsible for all of its compliance issues.  FIS offers tools and technologies that assist Client in meeting   compliance requirements.  FIS agrees that in the connection with the performance of its services hereunder,   FIS shall comply with any federal and state laws and regulations applicable to it as a third party service   provider and shall maintain such compliance during the term of this Agreement.     (g) Right to Audit. Notwithstanding Section 12.3 of the General Terms and Conditions, during the   Term, Client shall have the right, upon reasonable prior notice to FIS, to have access during normal business   hours to the Date Center to monitor and/or audit FIS’ administrative, technical and physical safeguards and   compliance with the Graham-Leach-Bliley Act and other federal and state laws and regulations.   (h) Vendor Management. Notwithstanding Section 12 of the General Terms and Conditions, FIS   agrees to use all reasonable efforts to comply in a timely and thorough manner with all applicable requirements   of Client’s Vendor Management Program (VMP).  Client will advise FIS in writing of any material change to the   VMP. In connection with FIS’ obligations regarding the VMP, FIS will have, on not less than a biennial basis, a   SSAE 16 audit conducted by an independent, nationally recognized accounting or consulting firm with respect   to FIS’ software development and operations in the remote location in which  FIS performs development    (currently, Orlando, FL). Such audit shall be conducted at FIS’ sole cost and expense. FIS will provide a   summary of the report promptly after receipt. The report submitted to Client shall include FIS’ management’s   response to the exception comments, together with appropriate target dates for completion of required   changes.   4. Effective Planning and Communication.   4.1 Audit Conference. FIS will cooperate fully with Client or its designee in connection with Client's audit   functions or with regard to examinations by regulatory authorities as such audit or examination relates to the   Services. Client acknowledges that FIS is not responsible for providing audit services or for auditing Client's   records or data. Following any such audit or examination, Client will conduct (in the case of an internal audit),   or instruct its external auditors or examiners to conduct an exit conference with FIS and, at such time, and as   soon as available thereafter, to provide FIS with a copy of the applicable portions of each report regarding FIS   or FIS's Services (whether draft or final) prepared as a result of such audit or examination. Client also agrees to   provide and to instruct its external auditors to provide FIS, a copy of the portions of each written report   containing comments concerning FIS or the Services performed by FIS pursuant hereto. Such reports shall be   considered Confidential Information and subject to Section 9 of the General Terms. Client agrees that any audit   or examination shall be conducted in a manner which does not unreasonably delay, disrupt or interfere with   FIS’s delivery of the Services to Client or the delivery by FIS of services to its other customers. Furthermore,   Client shall reimburse any reasonable costs incurred by FIS as a result of FIS’s cooperation with Client’s   auditors or examiners, and FIS shall notify Client as soon as reasonably possible if FIS anticipates incurring   any additional costs due to cooperation with auditors or examiners.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 9      4.2 Relationship Management. In furtherance of the relationship, the parties shall each appoint one or   more relationship managers (each a “Manager”) to oversee and supervise their relationship under this   Addendum, the Software License and Maintenance Addendum and the Equipment and Maintenance   Addendum, all 3 addenda are collectively referred to as the “Core Addenda”). The parties may change the   person appointed as their Manager(s) at any time, upon written notice to the other party. The Managers will   speak on a regular basis. The purpose of conversations and meetings will be to discuss and identify any   potential sources of misunderstanding that may have arisen with respect to this Addendum and the relationship   between the parties.     4.3 Issue Notices. If Client wishes to provide FIS with formal notice of any issue arising under the Core   Addenda, Client will first notify FIS’s On-Site Account Manager, in writing, of the issue (an “Issue Notice”).   Client shall date every Issue Notice and shall include in any Issue Notice a reasonable level of detail sufficient   to explain the issue presented and Client shall provide FIS with reasonable documentation for each issue   logged to FIS with the Issue Notice.   4.4 Review of Issue Notices. FIS shall promptly review and log every Issue Notice received and shall notify   the Client, in writing, within ten (10) days if FIS needs additional information from the Client to explain or   understand the issue presented (an “Additional Information Request”). If FIS does not timely deliver an   Additional Information Request to Client, the Issue Notice will be deemed to be sufficiently detailed and logged   in for a response by FIS as of the tenth (10th) day after the date of the Issue Notice.    4.5 Informal Resolution. If any problems are identified, the Managers will attempt to resolve any issues   together. When both Managers agree that a problem has not been resolved and may lead to a dispute, the   Managers will advise their respective managements and arrange a meeting between appropriate   representatives of each party for the purpose of attempting to resolve the issue. If any such informal attempts   to resolve the dispute prove to be unsuccessful, the parties may resort to the formal Dispute Resolution   Procedure set forth below. Once any problem has been resolved, the Managers will prepare a joint written   report and submit the report to their Management with a clear explanation of the problem, as well as the   resolution.    4.6 Formal Dispute Resolution Procedures. If a formal dispute arises between FIS and Client with respect   to the terms and conditions of the Core Addenda, or any subject matter governed by the Core Addenda, other   than disputes regarding a party's compliance with the confidentiality provisions of this Addendum, the parties   shall, prior to terminating any of the Core Addenda, attempt in good faith to resolve any such dispute as set   forth in this Section.   (a) Claims Procedures. If any party shall have any dispute with respect to the terms and conditions of   the Core Addenda, or any subject matter referred to in or governed by the Core Addenda, that party through its   Manager shall provide written notification to the Manager of other party in the form of a claim identifying the   issue or amount disputed and including a detailed reason for the claim. The party against whom the claim is   made shall respond, in writing, to the claim within 14 days from the date of receipt of the claim document. The   party filing the claim shall have an additional 14 days after the receipt of the response to either accept the   resolution offered by the other party or may, at its option and its sole and absolute discretion, choose to request   implementation of the procedures set forth below (the "Escalation Procedures"). Neither party, however, shall   have any obligation to elect to proceed with Escalation Procedures if it is dissatisfied with the response to the   claim it has submitted.    (b) Escalation Procedures. If the negotiations conducted pursuant to the Claims Procedures set forth   above do not lead to resolution of the underlying dispute or claim to the satisfaction of the party that made the   claim, then that party may, at its option and in its sole and absolute discretion, notify the other in writing that it   desires to elevate the dispute or claim to a higher level of authority within FIS’s organization and within Client’s   organization for resolution. Upon receipt by the other party of such written notice, the dispute or claim shall be   so elevated and such higher level authorities shall negotiate in good faith and each use their reasonable best   efforts to resolve the dispute or claim. The location, format, frequency, duration and conclusion of these   elevated discussions shall be left to the discretion of the representatives involved. Upon agreement, the   representatives may utilize other alternative dispute resolution procedures to assist in the negotiations.   Discussions and correspondence among the representatives for purposes of these negotiations shall be   treated as confidential information developed for purposes of settlement which shall not be admissible in any   subsequent proceedings between the parties. Documents identified in or provided with such communications,   which are not prepared for purposes of the negotiations may, if otherwise admissible, be admitted in evidence   in such subsequent proceeding.      

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 10      4.7 Strategic Planning Meetings. FIS and Client executive management shall meet once a year at a   mutually agreed upon time and at a mutually agreed upon location to discuss strategic initiatives being   undertaken by each party.   5. Training. If FIS is converting Client’s Data, FIS will provide its standard training at the rates set forth in the   conversion Specifications. Client shall be solely responsible for training its employees and representatives to   comply with all Laws applicable to Client and procedures set forth in the Specifications or any manual or other   literature provided to Client by FIS.   6. Transitional Cooperation After notice of termination and prior to the Termination Date, or for six months   prior to the Expiration Date, FIS agrees that:    6.1 Offer of Employment. Client may offer employment to the Resident Staff, except for the account   manager.   6.2 Transition. Provided that FIS has not terminated this Addendum for a Client default, FIS will give its   cooperation and support to Client to transition to whatever method of computer processing Client may select.   Assistance in addition to the Resident Staff shall be provided at FIS’s then-current rates for such additional   resources, and when and if such resources are available.     7. Additional Support. Client shall have the option, exercisable within 90 days of delivery of a termination   notice by either party, to request up to 90 days of additional technical support from FIS subsequent to the   applicable termination date. Client will pay for such support at FIS's then-current hourly rates.   8. Business Continuity. Each party shall develop, maintain and, if necessary, execute a business continuity   plan to ensure continuity of the Service in the event the System is ever unavailable and not restored for a   period of more than twenty-four (24) consecutive hours. Each party shall provide reasonable access to those   plans and related information to the other party, its auditors and regulators. FIS’ business continuity plan shall   provide back-up and stand-in capability for all batch and on-line processing components of the System. FIS   shall test its business continuity capabilities at least once each calendar year, and provide Client with a report   of the test results upon request. Client shall participate in FIS’ testing whenever reasonably necessary to   ensure compatibility. In no event shall FIS alter its business continuity plan in a manner that is materially   adverse to Client without advance written consent. FIS will review Client’s business continuity plan and render   a written report on any incompatibilities upon request at FIS’ then current rates.    9. Termination. In addition to the termination rights set forth in the General Terms, FIS may terminate this   Addendum if Client: (i) sells, transfers or assigns all or substantially all of its Accounts to a third party that does   not agree in writing with FIS to be bound by the terms of this Addendum and the General Terms; (ii) fails to   maintain required balances in any clearing or settlement account associated with the Service, and fails to   remedy that deficiency within forty-eight (48) hours of FIS requesting it to do so; or (iii) fails to cure any material   violation of applicable Law within thirty (30) days of FIS requesting it to do so.    10. Fees. Client shall pay FIS the fees set forth in the pricing attachment. All fees shall be paid and settled in   accordance with the General Terms.   11. Fee/Charge Adjustments Related to Merger or Acquisition or Changed Services. Client may incur   additional charges or the Services may require adjustment as a result of changes in Client’s asset size through   merger or acquisition of an entity that is operated as a separate, wholly-owned subsidiary of the Client and is   not merged into RTC, or as a result of changes requested by Client.    11.1 Merger or Acquisition. Upon written request by Client, FIS will process additional data resulting from   any merger or acquisition involving Client; subject to Client's payment of additional fees, and subject to mutual   agreement on the fees, if any, applicable to related conversion and testing services.    11.2 Increases Based on Changes in Services. In accordance with this Addendum, Client and FIS will   meet regularly to assess hardware capacity requirements, staffing requirements, increases in volume-related   services, changes in or additions to Client-Provided Software, and various requests for additional services as   Client may make from time to time. Client acknowledges and agrees that changes in any of the above-listed   items may result in Client incurring additional costs or in a change in the Services provided by FIS. Any such   changes will be mutually agreed upon by FIS and Client prior to any of them being implemented.   11.3 Waiver of Liquidated Damages. If Client acquires another FIS customer and all of that customer’s   accounts are converted to FIS’s system within one hundred eighty (180) days following the acquisition, FIS will     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 11      waive the liquidated damages due to FIS as a result of the termination of the agreement between FIS and its   acquired customer for all transaction-based service fees, excluding core processing services.         

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 12      CORE PROCESSING SERVICES PRICING ATTACHMENT   Fee Schedule    Commencing January 1, 2015 and for the remainder of the term, Client shall pay the below monthly fee for the   base processing services.    Applicable period       Amount of Monthly Payment    Base processing Fee, January 1, 2015 through December 31, 2020    $ **********    Price adjustment :   The fees and charges reflected in this Agreement will be increased, but not decreased, as described below:    The monthly Base processing fee may be adjusted based upon changes in the Consumer Price Index for All   Urban Consumers - Other Goods and Services (the "CPI-U") as published by the U.S. Department of Labor,   Bureau of Labor Statistics once during every calendar year of the Term of this Agreement.  Effective upon the   anniversary of the Commencement Date a portion of the Monthly Base Processing Fee may be increased in   accordance with the formula set forth below. Annually thereafter, such fees and charges may be further   increased using the same formula. In no event will the percentage increase for any adjustment year be less   than *****percent (*****%) or exceed *****percent (*****%).    The formula to be used for calculating fee adjustments is:    [CPI-U + 1] x F) + R = AF    WHERE:    F = *****% of the then-current Monthly Base Processing Fee.    R = *****% of the then-current Monthly Base Processing Fee.    AF = Adjusted Monthly Base Processing Fee.    The adjusted fee will be reflected on the next invoice submitted by FIS to Client for Client’s payment of such   fees after such adjustments are made.     The fees for any Additional Services will be adjusted based upon the General Terms and Conditions of the   agreement.   HORIZON Professional Services   The cost for HORIZON Professional Services will be $***** through the initial term of this agreement.   Additional Fees.    The Base Processing Fee shall include processing of only the Base Processing Software listed in Exhibit A to   Amendment to Software License and Maintenance Addendum.  Client will be responsible for costs associated   with future system upgrades due to increased capacity requirements or due to requirement to upgrade to newer   hardware technology. FIS will advise Client in writing of any such upgrades. The Base Processing Fee does   not cover fees or expenses which may arise due to conversions or de-conversions.    Assumptions.    The following assumptions shall be applicable with respect to the base processing services provided pursuant   to his Agreement by FIS.    General Assumptions:     All software is tested on the minimum desktop configuration as outlined by Microsoft Corporation.    All PC products will be installed on each workstation (if needed) by Client personnel.     GUI Distribution Server will be required at the Bank and/or branch sites to facilitate the implementation   of user interface updates.     All stated fees subject to the CPI adjustments pursuant to the agreement.     All travel and travel related expenses are not included with any of products outlined above. They will   be invoiced on a pass-through basis.     Pricing subject to change if any assumptions are not valid.     Taxes and shipping charges are not included as part of this pricing.      

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 13       Client will maintain a separate maintenance agreement for document compliance with Wolters Kluwer   Financial Services, Inc. (WKFS).     Client will maintain maintenance agreement with PKWare for as long as client wishes to utilize   Electronic Data Vault (eDV for tape encryption).     Client will provide all telecommunications required to provide the service, either through FIS or other   provision.    Assumptions Regarding Third Party Interfaces:     All other services (e.g. new interfaces, one-time programming) will be quoted on a time and materials   basis.     All monthly fees are for host interface and maintenance support.     One time third party fees are estimates and subject to change due to final pricing by third party.     License and maintenance fees for all other products are Client’s responsibility.    [The remainder of this page is left intentionally blank]     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 14      HORIZON SOFTWARE LICENSE AND MAINTENANCE ADDENDUM      1. Introduction. FIS has previously granted Client  a perpetual non-exclusive license to use the Horizon   Banking System (the “System”) and the Additional Licensed Software (the “Additional Licensed Software”) set   forth in Exhibit A concomitant to the Core Processing Services provided by FIS, which license is hereby ratified   and confirmed by this Addendum.  In exchange for the payment of the fees described in the Base Processing   Fees described in the Core Processing Services Pricing Attachment , FIS shall provide the Maintenance to the   System and the Additional Licensed Software, in accordance herewith.    2. Additional Licensed Programs. The license contemplated by this Section 1 shall also apply to all FIS   developed program modifications or enhancements installed for Client's benefit pursuant to this Agreement.   FIS will furnish Client, upon request, a current list of all Software developed and made generally available by   FIS. FIS will give Client 180 days' notice prior to eliminating updates for a particular system version of any FIS   developed program.    3. User Manuals. As part of the installation of any item of Software, FIS will provide Client access to the   applicable User Manuals. Client is responsible for the initial personalization and for the maintenance,   reproduction and distribution of User Manuals which maintenance, reproduction and distribution FIS expressly   authorizes hereunder; provided, however, that FIS hereby consents to the reproduction of User Manuals by   Client solely for the internal use of Client in accordance with this Agreement. Client shall retain all FIS   proprietary notices in any copies that Client makes.   4. Client-Provided Software. FIS will use all software acquired by Client from third parties or developed by   Client (“Client-Provided Software”) without the assistance of FIS exclusively to process Client's Data. Additional   use of such Client-Provided Software by FIS shall require the written approval of Client. FIS reserves the right   to review and/or test such Client-Provided Software, in advance of processing, to assure compatibility with FIS   equipment and consistency with FIS’s processing techniques. FIS makes no warranties regarding the   compatibility of the Client-Provided Software acquired by Client or any Client software with FIS’s equipment or   with FIS’s processing techniques. At Client’s expense, Client shall provide Internet access for the Resident   Staff and any non-FIS standard PC software licenses that FIS personnel are required to use in order to provide   the Services to Client. The “Resident Staff” (as the term is defined below) will provide operational Services   (excluding support and maintenance) with respect to such Client-Provided Software. Client shall have the right   to purchase maintenance contracts for such Client-Provided Software in its discretion. Client represents and   warrants to FIS that Client has the right to furnish the Client-Provided Software, documentation and other   materials furnished to be used by FIS here under are free of all liens, claims, encumbrances and other   restrictions. Client will indemnify FIS and hold FIS harmless from any loss, claim, damage or expense,   including reasonable attorneys' fees, resulting from any action brought or claim made by any third party   claiming superior title or right to protection of proprietary information in respect of any Client-Provided Software.   5. Installation of New Systems and Subsystems. FIS will install regulatory changes, updates, new systems   and subsystems using the Resident Staff. FIS will present to Client the features of and estimated hours   required to install such systems or subsystems. FIS agrees to repair any Software defects within the deadlines   contained in Exhibit A Section 4 Event Management and Notification Time Frames for Core Addenda.   6. Modifications Requested by Client. If requested by Client, FIS agrees to modify the FIS developed   programs installed for Client by FIS. Resident Staff will implement such Client authorized modifications.   7. Regulatory Reporting Requirements. During the Term, for no additional fee, FIS agrees to modify those   FIS developed programs installed for Client so that such programs will comply with the mandatory data   processing output requirements specified by federal regulatory authorities applicable to assist Client in   achieving compliance. Resident Staff will provide program modifications necessary to meet state and local   regulatory requirements at Client's request. Client acknowledges and agrees that certain state or local   regulatory changes may require modifications to the Base Processing Software that cannot be made by   Resident Staff. In these situations, the FIS RPS procedures will be utilized to determine the scope of work   required to make such modifications. By mutual agreement of the parties, Client will fund such modifications or   use Pre-funded Development hours to make the modifications. Client agrees to make FIS aware of any local or   state regulatory requirements not included in the requirements established by federal regulatory authorities.   8. Ownership of Client Software. As of the Effective Date, and at all times thereafter, Client (or Client’s   suppliers, as the case may be) shall be the sole and exclusive owner of all rights, title, and interest in and to the     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 15      Client-Provided Software, including, without limitation, all intellectual property and other rights with respect to   the Client-Provided Software.   9. Ownership of FIS Software. As of the Effective Date, and at all times hereafter, FIS warrants and   represents that it shall be the sole and exclusive owner of all right, title, and interest in and to the Software,   including, without limitation, all intellectual property and other rights with respect to the Software and the   accompanying User Manuals and documentation. The parties acknowledge that this Agreement in no way   limits or restricts FIS and FIS’s affiliates from developing or marketing on their own or for any third party in the   United States or any other country the Software, as from time to time constituted (including, but not limited to,   any modification, enhancement, interface, upgrade, change and all software, source code, blueprints,   diagrams, flow charts, specifications, functional descriptions or training materials relating thereto) without   payment of any compensation to Client, or any notice to Client.    10. Modifications to FIS Software. Any writing or work of authorship, regardless of medium, created or   developed by FIS, Client, or any third party in the course of performing the Services under this Agreement and   relating to the Software or any FIS-provided third party software, including, but not limited to, any software,   source code, blueprints, diagrams, flow charts, specifications or functional descriptions, and any modifications,   enhancements, and interfaces (individually an “FIS Work”) shall not be deemed a “work for hire”, but shall be   owned solely and exclusively by FIS (except that no such writing or work of authorship relating to the FIS-   provided third party software shall be an FIS Work if the license agreement governing the FIS-provided third   party software prohibits the granting of such right). To the extent any FIS Work for any reason is determined   not to be owned by FIS, Client hereby irrevocably assigns, transfers and conveys to FIS all of Client's right,   title, and interest in such FIS Work, including, but not limited to, all rights of patent, copyright, trade secret,   know-how, and or other proprietary and associated rights in such FIS Work. Client shall execute such   documents and take such other actions as FIS may reasonably request to perfect FIS’s ownership of any such   FIS Work. Client agrees and acknowledges that FIS and FIS’s affiliates shall have the right to undertake   parallel efforts to develop, market and make available for itself or any third party, without the consent of or   compensation to Client, any interfaces, modifications, upgrades, enhancements or changes to the Software or   any FIS-provided third party software without regard to whether such interfaces, modifications, upgrades,   enhancements or changes may be the same as, substantially similar to, or different from FIS Work, as long as   such efforts are performed in accordance with FIS’s obligations to Client under Section 9 hereof the General   Terms.   11. Software Warranty Exclusions. During the term, FIS warrants and represents that the System and the   Additional Licensed Software shall be free of material defects, compatible with Client’s current hardware and   shall perform in accordance with the then-current User Manuals. Any failure of the Software to meet the terms   and conditions of this warranty shall be handled within the time periods and in the manner provided by Exhibit   A  Section 4 “Event Management and Notification Time Frames for Core Addenda” to the Core Processing   Services Addendum . The warranty set forth in Section 11 of the Addendum does not apply to any of the   following:   (a) Damage arising from any cause beyond FIS’s reasonable control including, but not limited to: (i)   damage due to the improper operation of the Additional Licensed Software; (ii) damage due to storms, fire,   flood, other acts of God, attack, civil commotion, war, settling of walls or foundations; (iii) damage resulting from   abuse of the Additional Licensed Software or usage of the Additional Licensed Software other than as specified   in the then-current documentation; or (iv) malfunctions caused by alterations or tampering.    (b) Malfunction or breakdown of Additional Licensed Software due to attachment, or addition or use of   software and/or equipment not approved by FIS.    (c) Destruction in whole or in part of the Additional Licensed Software by any person other than FIS, its   agents, servants, or employees.   12. Covered Maintenance.   (a) General. FIS will provide the maintenance required to cause the Additional Licensed Software to   operate according to the then-current documentation. Such maintenance will be performed during the Initial   Term (and any Subsequent Terms) and includes all labor without additional fees to Client, except as otherwise   provided in Section 4 above.    (b) Updates to Additional Licensed Software. It is the policy of FIS to provide updates to Additional   Licensed Software. For so long as FIS shall be providing the Services, FIS will notify Client at least thirty (30)   days prior to putting a full system release into the production environment. Client shall cooperate with FIS in     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 16      incorporating any Additional Licensed Software updates provided hereunder within sixty (60) days of the date   of delivery thereof by FIS. Client also shall add to the programs and documentation (through or under the   direction of FIS, in the manner indicated), each error correction and each update provided to Client by FIS.   Failure of Client to install the Additional Licensed Software releases or any other corrections or updates   provided by FIS, shall release FIS of any responsibility for the improper operation or any malfunction of   Additional Licensed Software as modified by any subsequent corrections or updates, but shall not relieve Client   of any of its obligations hereunder, and FIS shall be released thereafter from its obligation to maintain   Additional Licensed Software as provided herein. FIS will use good faith efforts to cause Additional Licensed   Software to comply with applicable Federal regulations. Updated releases of standard Additional Licensed   Software shall be provided without additional license fees.   (c) Exclusions. Software maintenance does not include the following:   1. Any maintenance required by: (i) modifications or additions by Client to equipment such that the   Additional Licensed Software requires modifications in order to operate according to the then-   current documentation; (ii) maintenance or repair performed by other than authorized FIS   personnel; (iii) damage to Additional Licensed Software by Client’s employees or third parties;   (iv) causes beyond the reasonable control of FIS including, but not limited to, acts of God, flood,   fire, or vandalism; or (v) electrical power disturbances, outages or brownouts.   2. Repair or replacement of expendable items.   3. Standby support for equipment changes, reconfiguration, upgrades or relocations.   4. FIS-requested involvement in determining or solving a problem on software and/or equipment   not listed on Exhibit A.    5. Replacement software.   6. Changes required by Third Party to their Interfaces (not related to compatibility to Horizon)   13. Client’s Responsibilities. Client shall be responsible for timely training of Client personnel, participating in   testing when requested to do so by FIS, establishing and instituting FIS’s operating procedures, and complying   with instructions received from FIS verbally or in writing, including without limitation, data base backup   procedures and maintaining on-site backup copies of applications software.   14. Billable Call Maintenance. If Client is using the Additional Licensed Software in-house, any maintenance   other than maintenance as described in the preceding paragraphs of this Addendum will be charged at FIS’s   then current billable rates. For HORIZON development needs the charges will be based on the rate established   for HORIZON Professional Services as set forth in the Core Processing Services Pricing   Attachment.  Miscellaneous. All terms of the Agreement not amended by this Amendment shall remain in full   force and effect. In the event of a conflict or inconsistency between this Amendment and the Agreement, this   Amendment shall control. All capitalized words not specifically defined in this Amendment shall have the same   meaning as in the Agreement. On and after the Effective Date of this Amendment, each reference to   “Service(s)” in the Agreement and any related documentation shall include the additional Services and/or   Optional Features.   15. Licensing and Maintenance of Base Processing Software and Third Party Interfaces. At the end of   the Term specified on the Signature Page above (i.e., May 31, 2017), Client shall have the right to acquire a   perpetual license to use the FIS proprietary application systems listed under the heading “Base Processing   Software” and the interfaces listed under the heading “Construction and/or Maintenance of the Following Third   Party Interfaces” in Exhibit A (collectively, the “Base Processing Software”) for a license fee equal to 75% of   FIS’s then-current license fees for an institution with a similar asset size.  FIS shall charge Client its then   current maintenance fee to maintain the Base Processing Software.   16. Maintenance Fees for Base Processing Software.  Client shall pay the Base Processing Fees described   in Exhibit A to the Core Processing Addendum to FIS in accordance with the Pricing Attachment. Maintenance   fees for the Base Processing Software are included in the Base Processing Fees described in Exhibit A to the   Core Processing Addendum.          

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 17         EXHIBIT A TO CORE PROCESSING SERVICES ADDENDUM   1. Performance Standards   The parties acknowledge that the following are acceptable performance standards for the services listed below   (the “Performance Standards”).  The parties agree that timely and accurate submission of input and output is   essential to satisfactory performance under this Agreement.  FIS and Client confirm and acknowledge that the   Performance Standards shall apply so long as Client upgrades its IBM System i CPU and other equipment as   recommended by FIS from time to time.   Commencing on the first day of the calendar month immediately following the Commencement Date, FIS shall   perform the Services in a manner that meets or exceeds the Performance Standards.  In the event any   performance is suspected or deemed to be unacceptable, FIS shall research the cause, with Client’s   reasonable assistance, and will take corrective action (where FIS is responsible) or recommend corrective   action (where Client is responsible) and initiate action for correction as soon as reasonably practicable in   accordance with the Event Management and Notification timeframes set forth in Section 4 below..     The parties further acknowledge that if Client adds services to this Agreement, FIS will provide such additional   services in the manner provided herein.   Compliance.  Compliance with the Performance Standards will be determined on a monthly basis and FIS will   provide reports and other necessary data for Client to monitor the Performance Standards on a monthly basis.    Client will report errors in writing to FIS and FIS will keep accurate records relating to such errors.  A failure of   FIS to meet a Performance Standard shall be deemed to be an “Occurrence”.  Multiple errors in a single   transaction or event will be counted as a single Occurrence.  When reasonably possible, Client must report   incidents suspected to be Occurrences to FIS immediately upon becoming aware of the error.    Failure to Meet Performance Standards.  In the event FIS does not meet the Performance Standards for any   period, Client will inform FIS in writing and FIS will use every reasonable effort to remedy the cause of such   performance standards not being met.   Availability Service Level Credit.  In the event that FIS fails to meet the service level for On-Line Availability or   Processing services addressed in the Performance Standards for a period of two (2) consecutive months,   Client shall be entitled to receive a service credit in accordance with the following schedule, with the credit   being calculated based on the monthly fees as regularly billed to Customer for the second consecutive month   in which FIS failed to reach the required Service Level.  Any such credit(s) shall be reflected on the next regular   invoice submitted to Customer.   Online Availability Service Level  Credit   >99.5%      *****%   >98.5% and <99.5%    *****%   >97.5% and <98.5%    *****%   <97.5%      *****%      Processing Service Level   Credit   >98.5%      *****%   >97.5% and <98.5%    *****%   >96.5% and <97.5%    *****%   <96.5%      *****%      Exclusions from Performance Threshold Measure.  Measurement of FIS’s actual performance under any   performance standard will exclude extended business hours provided by FIS and pre-scheduled downtime,   including, but not limited to, scheduled preventive maintenance, servicing of hardware, hardware upgrades,   and software upgrades.  Scheduled preventive maintenance will be at times designed to minimize or avoid     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 18      disruption of Client’s operations.  Measurement of FIS’s actual performance under any performance standard   will also exclude: (a) any matter beyond FIS’s reasonable control at the Rockland Trust HORIZON Data Center,   including, but not limited to matters constituting force majeure; (b) failure by Customer's or its third-party   providers' to perform under the Agreement; (c) special production jobs, testing procedures, or other services   which are given priority Customer’s request; (d) failure of the data communications carrier lines between   Customer and FIS; (e) unavailability of Customer’s systems because of problems with Customer’s local or wide   area network or otherwise, including failure to have appropriate network redundant connectivity which   adversely impacts FIS’s ability to fulfill a performance standard; (f) system, software or network unavailability   due to maintenance, installation, upgrade or replacement of equipment or software performed by FIS or by a   third party to the extent such unavailability occurred during a scheduled maintenance window or other times as   agreed upon in advance by Customer; (g) temporary exclusions for performance standards requested by FIS   and approved by Customer to implement a material change in applications, environments, conversions or   software; (h) problems resulting from actions or inactions of Customer contrary to FIS’s reasonable   recommendations during the period where Customer’s action or inaction may adversely affect FIS’s ability to   meet a performance standard (ex. FIS recommends and Customer declines to upgrade Customer-provided   equipment to accommodate increased Customer network traffic, etc.); (i) any non-routine transactions or   services (including but not limited to acquisitions and conversions) requested by Customer unless included by   mutual written agreement of FIS and Customer; (j) tasks that Customer prioritizes or reprioritizes which cause   FIS to miss a performance standard and which FIS notified Customer would create a delay, regardless of   whether or not Customer gave FIS notification of same; (k) processing which occurs at a FIS or Customer   recovery facility as a result of a disaster; and (l) changes made to Customer’s information technology (“IT”)   environment which: (i) were not communicated to FIS at least five (5) business days prior to such change (i.e.,   changes to Customer’s firewall, etc.) which adversely impact FIS’s ability to fulfill such service levels; (ii) have a   relevant interface to FIS (i.e., installation of or updates to applications on the LAN, WAN or desktops, etc.) which   adversely impact FIS’s ability to fulfill such performance standard(s); or (iii) impact connectivity and were not   tested and approved for production use by FIS.  If one (1) or more of the above situations occur which causes   FIS to miss a performance standard, FIS shall not owe a Performance Standard credit to Customer.   2. Services   The parties agree that extended business hours maybe required from time to time (including nights and   weekends) and at such time FIS will make reasonable efforts to provide such on-line availability provided that   the foregoing is not included in the calculation to determine whether FIS met the performance standards   described herein.   On-Line Availability      Service   Description   Access to host application systems through online channels and by Client   users.   Prerequisites All Client input required for processing received by times specified in the   Input from Client Service Level Agreement set forth in Section 3 below.   Service Level FIS shall maintain a monthly average of at least ninety-nine and one half   percent (99.5%) for the On-line Availability Service Level Agreement set   forth in Section 3 below.   Measurement FIS will submit a monthly written report to Client with the results of the   previous month performance once the history has been accumulated.   The percentages used hereunder for EFT Online Authorization and   HORIZON Middleware shall be calculated by dividing the number of hours   that such availability was achieved by the actual number of hours in each   month.  HORIZON and HORIZON Teller Access will be calculated by   dividing the number of hours that such availability is achieved by the number   of hours scheduled to be available each month based on Monday-Friday   hours of 6:30AM to 9:30PM and 24x7 on non-business days.  Client   acknowledges that approximately 30 minutes are required for 24x7 nightly   processing which will not be considered time unavailable when calculating   EFT Online Authorization or HORIZON Middleware availability.   Processing     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 19         Service   Description   Application and interface processing for the HORIZON and associated   applications.   Prerequisites All Client input required for processing received by times specified in the   Input from Client Service Level Agreement set forth in Section 3 below.   Service Level For the Processing Service Level Agreement (SLA) set forth in Section 3   below FIS shall employ commercially-reasonable efforts to achieve monthly   average of at least ninety-eight and one half percent (98.5%) on-time   processing and delivery to Client’s designated server(s) and external   providers of all of Client’s extracts/files (“Output”) and reporting as mutually   agreed by Client and FIS.   Measurement FIS will submit a monthly written report to Client with the results of the   previous month performance once the history has been accumulated.   The percentages used hereunder shall be calculated by dividing the number   of Processing SLA’s completed on-time by the number of Processing SLA’s.    “Reports available on Acquire” and “Other Interface” SLA’s will be deemed to   have been met if over 95% of work is completed on time.  Client   acknowledges that it is the Client’s responsibility to have its Client-supported   software and hardware in proper working order in order to receive Output.   Printing      Service   Description   Printing of reports, notices, and statements under agreement to be printed in   the FIS HORIZON Data Center.   Prerequisites All Client input required for processing received by times specified in the   Input from Client Service Level Agreement set forth in Section 3 below.   Service Level For the Printing Service Level Agreement (SLA) set forth in Section 3 below   FIS shall employ commercially-reasonable efforts to achieve a monthly   average of at least ninety-five percent (95%) on-time printing for pickup and   distribution by Client.   Measurement FIS will submit a monthly written report to Client with the results of the   previous month performance once the history has been accumulated.   The percentages used hereunder shall be calculated by dividing the number   of Printing SLA’s completed on-time by the number of Printing SLA’s.      3. Service Level Agreements (SLA)    Input from Client SLA       Time / Day of Week   POD transmissions 0030 Tue – Sat   Third Party input 0030 Tue – Sat   On line User input 0030 Tue – Sat   ACH Input 1900 Mon – Fri    On-line Availability to Host Applications SLA       Time / Day of Week   EFT Online Authorization 24x7   HORIZON Middleware (Online Channels) 24x7     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 20      HORIZON & HORIZON Teller User Access 0630 – 2130 Mon – Fri and 24x7 Sat - Sun   System response time for bank users Under 2 seconds.    Processing SLA       Time / Day of Week   AM ACH files memo posted 0800 Mon - Fri   Outgoing ACH files available for Client to send to   Federal Reserve   2000 Mon - Fri   HORIZON BOSS processing 0530 Tue - Sat   HORIZON Teller start of day processing 0600 Tue - Sat   24x7 after BOSS processing 0600 Tue - Sat   Transmission of interface files to Intercept 0600 Tue - Sat   Transmission of interface files to eDelivery 0600 Tue - Sat   Transmission of interface files to Image Centre 0600 Tue - Sat   Transmission of other interface files 0700 Tue - Sat   Reports available on Acquire 0700 Tue - Sat   Printing Service Level Agreement       Time / Day of Week   Daily and weekly printed reports 0700 Tue - Sat   Normal daily statement cycle drops 0900 Tue - Sat   Major statement cycle drops (e.g. month-end) 2300 –Next business day   Annual reports (next business day) 2300 Next business day   4. Event Management and Notification Time Frames for Core Addenda   Client shall timely report any problems encountered with the Service.  FIS shall promptly respond to each   reported problem based on its severity, the impact on Client's operations and the effect on the Service. FIS   shall use reasonable commercial efforts to either resolve each problem or provide Client with information to   enable Client's personnel to resolve it.  In the event resolution of a reported problem carries over to the next   business day, FIS shall provide Client with periodic updates and an estimate of the time required for resolution.     For purposes of this Section, “Severity 1” shall mean any service shutdown or severe restrictions that prevent   the total productive use of the Service(s) to include the inability to complete BOSS cycle, precluding Clients   access to the system, or Clients Customers access to exterior channels.   FIS will respond to Clients report of a Severity 1 within one (1) hour after receipt of such report.  If FIS   detects the problem, FIS will notify Client within two (2) hours during Business Hours of the problem   being identified.  If Client detects the problem, it will report the problem to the FIS within two (2) hours.    FIS will provide the time event occurred, nature of the problem and likely impact for user services, if   known, and estimate of time to correct, if known.   FIS will immediately begin working on the issue, engaging all necessary resources to resolve the issue   as soon as is reasonably possible, and will update Client periodically until resolved.   For purposes of this Section, “Severity 2” shall mean partial loss of the Service functionality and/or significant   restrictions on use of the services, or there is a material effect on a high volume of Client’s accounts customers   (e.g., any material effect in printed correspondence/disclosures, transaction posting, or accruals).   FIS will respond to Clients report of a Severity 2 within four (4) hours after receipt of such report.  If FIS   detects the problem, FIS will notify Client within four (4) hours during Business Hours of the problem     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 21      being identified.  If Client detects the problem, it will report the problem to the FIS within four (4) hours.    FIS will provide the time event occurred, nature of the problem and likely impact for user services, if   known, and estimate of time to correct, if known.   FIS will immediately begin working on the issue, engaging all necessary resources to resolve the issue   as expediently as possible, and will update Client periodically until resolved.   For purposes of this Section, “Severity 3” shall mean all other incidents.   FIS will respond to Clients report of any other issue, other than those set forth above, within five (5)   business days.  Upon receipt of such report FIS will begin working on the issue as appropriate.  If FIS   detects the problem, FIS will notify Client within a commercially reasonable time.  If Client detects the   problem, it will report the problem to FIS within a commercially reasonable time.   Information will be exchanged via email and/or over the telephone until the issue has been resolved.    In some instances these issues may require the generation of a Program Change Request (PCR) or   Client Request for Service (RFS) that will be prioritized and communicated to Client.   5. Data retention   Client and FIS have agreed to the below minimum data retention policy.  FIS will maintain scheduled backup   processes in accordance to the policy.  Any changes to the policy will be mutually agreed to in writing.  With the   exception of the IBM OS/400 all backups are to the HORIZON Data Vault.  IBM OS/400 is backed up to tape   along with test libraries and temporary backups.      Host Libraries Backup Frequency Retention   Production Bank data libraries Daily 5 generations / 7 days   Month-end production Bank data libraries Monthly 84 generations / 2,555 days   Base and prior release program libraries Monthly 3 generations / 93 days   Current release program libraries Daily 5 generations / 7 days   IBM Integrated File System (IFS) Weekly 5 generations / 31 days   User specific personal or Query libraries Weekly 5 generations / 31 days   IBM libraries required for Disaster Recovery   (QGPL, QUSRSYS)   Daily 5 generations / 7 days   Static libraries One Time 1 generation   3rd Party vendor libraries (e.g. Secure Zip, Works   Right)   Monthly 3 generations / 93 days   Miscellaneous “Work” libraries Monthly 3 generations / 93 days   IBM OS/400 or IBM Full System Backup When changes   applied   3 generations   6. Responsibilities of the Parties   Except as otherwise expressly provided in this Addendum or other agreements in force with FIS, Client and FIS   agree to provide or perform their respective responsibilities as indicated below.               RESPONSIBILITY    FUNCTION       CLIENT  FIS   Transaction, new account, and maintenance  Input to core system X    Personal computers used by other than FIS X    Personal computers used by FIS  X   Remote printers and printer maintenance X      

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 22      Data Center equipment and maintenance (see Equipment and   Maintenance Addendum)    X   Toner, fusers, ribbons, and other “perishables” on printers including Data   Center equipment   X    Laser printer vendor usage fees (if any) X    Bursting  X   Decollation  X   Bursting and decollation equipment and maintenance  X   Check Signing X    Data Center printer operation  X   Report separation by bank  X   Courier pickup X    Tracking inventory of paper stock and forms  X   Telecommunications and network control X    Except as specifically set forth herein, Client will provide and maintain all non-IBM System i (AS400) software.    Where FIS provides any such software, it is listed in Exhibit A to Amendment to Software License and   Maintenance of this agreement and the following provisions shall apply.      Payment of related license fees X    Payment of maintenance and enhancement fees X    Modifications necessary for interface with Software X          

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 23      EXHIBIT A TO AMENDMENT TO HORIZON SOFTWARE LICENSE AND MAINTENANCE ADDENDUM   HORIZON Banking System including:   iDM-Integrated Deposits    ***************    ***************    ***************    ***************    ***************   iLM-Integrated Loans    ***************    ***************    ***************    ***************    ***************   iFM-Integrated Financial    ***************   iRM-Integrated Relationships    ***************    ***************    ***************    ***************   iSM-Integrated Services    ***************    ***************   iTP-Transaction Processing    ***************    ***************    ***************    ***************    ***************    ***************   Additional Licensed Software.   ************   ************   ************   ************   ************   ************   ************   ************   ************   ************   ************   ************   Third Party Interfaces.   ************   ************   ************   ************   ************     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 24      ************   ************   ************   ************   ************   ************   ************   ************   ************   ************   ************     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 25       DATA BACKUP AND VAULTING SERVICES ADDENDUM      1. Introduction. FIS agrees to provide Client its data backup and recovery services as described herein   (“Service(s)”) in accordance with this Data Backup and Vaulting Services Addendum (“Addendum”). FIS will   provide the Service to Client either directly or through one or more of its affiliated companies in accordance   with the corresponding Specifications.   2. Service   2.1 The Service shall include the selected components identified in the pricing attachment to the Prior   Contract. FIS shall provide the Service in accordance with the terms of this Addendum.    2.2 FIS shall establish an online account (“Account”) for Client from which Client may use the Service,   including accessing Client’s Vault, via the Internet by means of a user ID and password provided by FIS to   Client. Client must establish a user ID and password for each of Client's authorized personnel whom Client   desires to use the Service and/or access the Vault through the Account (each, a “User”). Client herein   acknowledges and agrees that the user IDs and passwords are for the exclusive use of the individual Users to   whom they are assigned and that it is Client's responsibility to ensure that no Client personnel or any other   agent or representative of Client will access or attempt to access the Service without first being issued an   individual, user-specific user ID and password. Client is solely responsible for any and all losses or damages   arising out of Client's failure to maintain the confidentiality of its user IDs and passwords. Client shall implement   reasonable security and environmental precautions for use of the Service to ensure system availability, data   protection, and recovery.   2.3 FIS will provide online access to Client’s backup data for restoration and recovery purposes on a   continuous basis; however, FIS reserves the right to physically ship to Client, through a nationally recognized   courier service, a mobile device containing Client Data from Client’s Vault to permit restoration and recovery by   Client within twenty-four (24) business hours of Client notifying FIS of a disaster, recovery or restoration   exercise.    2.4 Unless FIS is responsible for the same, Client shall be responsible for delivery and management of   equipment, applications and/or systems relating to Client’s use of the Service, including, but not limited to   storing, processing and/or retrieving Client Data from the Vault. Unless FIS has agreed to be responsible to   furnish it, Client shall furnish any hardware, software, or other items necessary for Client to supply Data or   process Output. FIS reserves the right to charge Client for any validation testing FIS deems reasonably   necessary to verify that any changes to Client’s systems and processes are compatible with the Service.   Unless FIS has agreed to be responsible, Client shall (i) maintain all equipment in good working order in   accordance with the Specifications and manufacturer's requirements, including providing adequate space for   any circuit drops necessary to connect to the System (ii) implement any patches, upgrades, enhancements or   other safeguards necessary to protect the security and accuracy of Data and other input Client provides to FIS   as part of the Service; (iii) comply with all operating instructions pertaining to the Service issued by FIS; (iv)   provide all custom forms that it requires at its sole expense, subject to FIS’ reasonable approval of design and   format; (v) cooperate with FIS in the performance of the Service; and (vi) provide FIS with information,   management decisions, regulatory interpretations and policy guidelines as reasonably required in order to   perform the Service.   2.5 Unless FIS has agreed to be responsible for processing and transmitting the data, Client shall be solely   responsible for the content of all communications it makes while using the Service and all Client Data it   processes using the Service. Client is solely responsible for the collection, accuracy, currency, quality, legality,   completeness and use of Client Data stored through the Service or disclosed to or used by Client or Users in   connection its use of the Service.   2.6 All Client Data files shall be encrypted using FIS’ standard encryption tools from the point at which such   files are retrieved by Client from its Vault on FIS’ system. Client acknowledges that Client is solely responsible   for the content of all Client Data that Client stores or retrieves from, or attempts to store or retrieve from   Storage Capability and for all transmissions by Client from and to the Platform. Client shall not use the Service   to store, retrieve, transmit or view any file, data, image or program that contains: (i) any illegal pictures,   materials or information; (ii) any harassing, libelous, abusive, threatening, harmful, vulgar, pornographic,   obscene or otherwise objectionable material of any kind or nature; (iii) any material that encourages conduct   that could constitute a criminal offense, give rise to civil liability or otherwise violate any applicable local, state,   national or international law or regulation; (iv) any code or material that violates the intellectual property rights     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 26      of others; (v) any Windows temporary files of any kind; or (vi) any viruses, worms, or "Trojan horses". Client   shall indemnify FIS from any Losses due to such content. Client acknowledges and understands that FIS shall   work with any governmental entity which has legal authority to view, question, or prohibit such content.    2.7 Client Data shall at all times remain Client’s property and upon the termination of this Addendum for   any reason other than a default and upon payment of all monies due and owing FIS, FIS shall return to Client   any information or data possessed by FIS. Client shall be responsible for the delivery of Client Data to FIS   without having any infected or corrupted data. FIS will notify Client if it receives any data from Client that is   infected or corrupted. FIS reserves the right to suspend the Service immediately should FIS determine that   Client has introduced a virus or corrupted data that has, or has the possibility to, affect FIS’ network. Client   shall be responsible for any and all costs directly associated with any clean-up required to make the network   free of viruses and/or corruption caused by such data or transmission.   2.8 Client shall not resell, redistribute or otherwise make the Service available to any non-affiliated third   party.   3. Software License and Maintenance. Client acknowledges that its use, and FIS’s delivery of, the Service   hereunder requires that FIS’ HORIZON Data Vaulting software, or any such successor or replacement software   (the “Licensed Software”), be licensed and installed by Client. Client agrees that as a condition to receiving the   Service hereunder, it shall enter into a separate software license agreement with FIS with respect to the   Licensed Software. Provided that such condition is met, in connection with commencing the Service hereunder   FIS will install the Licensed Software in accordance with the Specifications. In addition to the termination rights   set forth in the General Terms, FIS may terminate this Addendum immediately upon termination of the   Licensed Software agreement between FIS and Client.   4. Performance Level. FIS shall use commercially reasonable efforts to make the Service available to Client   at least ninety-nine percent (99%) of the time (“Uptime Commitment”), measured monthly, using the following   formula. The Uptime Commitment shall measured by the Total Hours of Operation minus Service Outages   divided by Total Hours of Operation. A “Service Outage” means any time when the Service is inoperable or   unavailable due to or caused by reasons reasonably within FIS’ control, excluding specifically the following   reasons: (i) Client’s own telecommunications or Internet service providers; (ii) a Force Majeure Event; (iii) any   systemic Internet failures; or (iv) any failure in Client’s own hardware, software or network connection. “Total   Hours of Operation” means twenty-four (24) hours per day, three hundred sixty-five (365) days per year,   excluding any time for Maintenance Outages. “Maintenance Outage” means a planned or unplanned   maintenance period, including, without limitation, any maintenance downtime or maintenance outage, not to   exceed an aggregate of ten (10) hours in any calendar month. For each calendar month in which FIS has   Uptime of: (a) less than 99% but equal to or above 95%, FIS shall, upon Client’s request made within thirty (30)   days of the end of that calendar month, provide Client with a written plan for improving Uptime to attain 99%   Uptime, and FIS shall promptly implement such plan; or (b) less than 95%, FIS shall, upon Client’s request   made within thirty (30) days of the end of that calendar month, provide Client with a service credit in an amount   equal to (i) *****% of the month’s Base Vault Stored Volume fee or (ii) $*****, whichever is less. The remedies   set forth in this Section shall constitute Client’s sole and exclusive remedy for a failure to meet the Uptime   Commitment.    5. Scheduled Maintenance. When practicable, FIS will provide Client with written notification, via e-mail, for   each Scheduled Maintenance at least one (1) business day in advance of the occurrence of any such outage.   “Scheduled Maintenance” shall mean the period of time during which FIS may take the Service down for   equipment or software maintenance. Unless otherwise agreed, the Scheduled Maintenance window for each   Platform shall be between the hours of 1:00 a.m. and 12:00 p.m. CT on each Sunday plus additional   maintenance as determined by FIS for emergency fixes, and/or special or extraordinary circumstances.   6. Internet or Network Bandwidth. Unless otherwise provided by FIS, Client will provide the required   bandwidth and connectivity for the transmission of the daily files.   7. Recovery Testing. Client shall perform a reasonable level of test restoration of Client Data at least once   annually (or more often as required by Client’s regulators) in order to test the integrity of the data backup and   restoration process.   8. Service Substitution. . FIS may substitute another brand or third-party provider of the Service, provided   that the vendor has submitted to Client all of the information reasonably required by Client in order to conduct   due diligence on the vendor, including without limitation, vendor internal processes, financial background, and   information security analysis, and Client has approved the vendor, which approval shall be within Client’s sole     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 27      discretion. Under no circumstances shall any of Client’s data be stored outside the United States. FIS’s   selection of a third party provider shall not relieve FIS of its duties and obligations hereunder unless agreed   upon in advance by Client.   9. Termination. In addition to the termination rights set forth in the General Terms, FIS may terminate this   Addendum if Client fails to cure any material violation of applicable Law within thirty (30) days of FIS requesting   it to do so.   10. Fees. Client shall pay FIS the current, adjusted fees established in the pricing attachment to the Prior   Contract. All fees shall be paid and settled in accordance with the Agreement. These fees are in addition to   other fees payable by Customer pursuant to the Agreement.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 28       DISASTER RECOVERY SERVICES ADDENDUM   HORIZON      1. Introduction. Independent Bank Corp. of Rockland, MA engages FIS to provide its disaster recovery   services as described in this Addendum (“Service”) for disaster recovery. FIS will provide the Service to Client   either directly or through one or more of its affiliated companies in accordance with the terms of this Addendum.   This Addendum is a part of the Core System Processing Services Agreement.    2. Commencement. Services and/or Optional Features not in production as of the Effective Date, the   following terms shall apply:   2.1 Client shall dedicate sufficient resources, including the assignment of adequate personnel, to   implement and maintain the Service.   2.2 Client shall timely deliver any Data or other information necessary to commence the Service in an   electronic form and format approved by FIS. Client is solely responsible for timely procuring any information or   cooperation required from its Customers and suppliers in order to commence the Service.   3. Data.   3.1 Unless FIS is already in possession of the Data, Client shall timely deliver any Data or other   information necessary to commence the Service in an electronic form and format approved by FIS. Client is   solely responsible for timely procuring any information or cooperation required from its Customers and   suppliers in order to commence the Service.    3.2 Unless FIS is already in possession of the Data, Client will provide backup files and libraries (system,   programs, and data) during Recovery Exercises (as defined below) and Disaster (as defined below) recovery.   In addition, Client shall furnish all required supplies, materials, and storage media not provided by FIS. Client is   responsible for the adequacy and accuracy of all Data, supplies, materials, programs, and procedures the   Client furnishes other than the Data that FIS has agreed to store and maintain.   3.3 Client is solely responsible for establishing any audit controls, backup files, backup programs, security   procedures and checkpoints for protection of Client’s Data in connection with Client’s use of the Service, unless   FIS has agreed to provide the same. Client shall take all reasonable precautions to protect the Client-supplied   software and computer systems and Data from infection by any computer virus.   4. Service.   4.1 In the event of an any sudden, unplanned calamitous event causing great damage or loss that renders   Client unable to use Client’s primary operations facility, Client may declare a disaster (“Disaster”) by having one   of its authorized representatives provide verbal notice to FIS. Client shall provide FIS with the names and   primary and secondary telephone numbers of at least three (3) individuals who have the authority to declare a   Disaster and an authorization code to be used in the event of a Disaster declaration.   4.2 Upon declaration of a Disaster, FIS will use commercially reasonable efforts to provide Client a twelve   (12) hour recovery time provide for viewing of Client’s Data through an installed, fully operational computer   systems at such location as may be designated by FIS (“Recovery Facility”). FIS may, at its discretion and at   no additional charge to Client, relocate the Recovery Facility, provided that any such change does not   materially affect the Service to Client. FIS shall give Client not less than sixty (60) days’ notice of a change to   the location of the Recovery Facility.   4.3 FIS shall use the following equipment configuration to provide Services to Client. This configuration is   subject to change by FIS and such changes may result in increased charges to Client. FIS will notify Client in   advance of any such configuration or fee changes. The equipment configuration will be adequate (including   without limitation the condition, functionality and compatibility of the equipment provided) to support Client’s   Recovery Plan and comply with all applicable laws and FFIEC guidelines.    **********    **********    **********    **********    **********    **********     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 29      4.4  [intentionally omitted]   4.5 Client shall develop, and maintain, a specific, written plan for dealing with its critical operational   requirements during a Disaster (“Recovery Plan”). Client shall maintain a current copy of the Recovery Plan at   both the Client location and the Recovery Facility. If Client fails to provide FIS with a current copy of the   Recovery Plan, Client shall hold FIS harmless for adverse effects that result from the absence of or use of an   outdated Recovery Plan during a declared Disaster or Recovery Exercise. Client agrees that only trained   personnel with appropriate levels of authority shall take part in a Recovery Exercise or Disaster recovery   operations and perform Client functions. FIS will provide a single point of contact for Disaster recovery related   communications and activities. Client will assign a recovery administrator to work with FIS on Disaster recovery   issues.   4.6 FIS will have financial, administrative and operational responsibility for providing an adequate and   reasonable amount of office space for Client’s use at the Recovery Facility and shall supply the Recovery   Facility with equipment, software, local network access, operations personnel and services (collectively,   “Recovery Resources”). Client will have financial, administrative and operational responsibility for providing   Client personnel, telecommunications lines between the local telecommunication provider and the Recovery   Facility and for all data communications between the Client and the Recovery Facility in accordance with the   Specifications. As an optional service, FIS will provide network capability and telecommunications between   Client and the Recovery Facility. FIS shall maintain operating environments at its facilities used to provide the   Service in accordance with vendor-recommended procedures and policies for maintenance of such Recovery   Resources, including necessary remedial maintenance and regularly scheduled preventive maintenance. FIS   shall also employ redundant sources of electrical power and provide back-up data processing if its primary   Service capabilities ever become inoperable.   4.7 Client may use the Recovery Resources for a period of up to ten (10) consecutive weeks. Extended   use of the Recovery Resources is available at FIS’ then current fees. An FIS representative will be present   while Client personnel are occupying any Recovery Facility. Client personnel may have unescorted access to   the Recovery Facility provided that FIS personnel have been notified of the presence of Client personnel in the   Recovery Facility and FIS personnel are both present and accessible in the Recovery Facility. FIS shall   maintain reasonable and uniform rules regarding security, safety, scheduling, operations and other procedures   for accessing and using the Recovery Resources during Disasters and Recovery Exercises. These rules may   appear in written documents provided by FIS to its clients from time to time. Both FIS and Client shall comply   with these rules in all material respects and shall use all Recovery Resources in accordance with manufacturer   specifications.   4.8 Horizon clients may select the optional FedLine service, which includes the hardware and   communications devices to support connectivity to the Atlanta Federal Reserve Bank. If selected, Client will   execute an amendment to the agreement FIS has executed with the Federal Reserve. With this amendment in   place, Client may direct FedLine activity to the Recovery Facility. Only ACH will be recovered by FedLine. Fees   for FedLine services, if selected, will be set forth in the pricing attachment to  the Prior Contract.   4.9 FIS shall provide Client with one (1) copy of FIS’ current user guide and other materials related to the   Recovery Resources, and all applicable updates and revisions as and when issued. The typical medium for   delivery of materials will be the Internet; however, FIS may provide material using any means it deems   appropriate, including, without limitation, facsimile, mail, CD-ROM, or e-mail.   4.10 Notwithstanding the provisions for training in the General Terms, training is not currently included as   part of the provision of the Service; however, FIS reserves the right to offer training to Client in the future at its   then-current rates.   5. Disaster Recovery Exercise.   5.1 On an annual basis, FIS and Client shall engage in a recovery exercise intended to analyze the ability   of the Recovery Resources and Client’s backup procedures to achieve the objectives mutually agreed upon by   FIS and Client prior to commencement (“Recovery Exercises”). Within ninety (90) days after the Effective Date,   the parties shall schedule, but not necessarily perform, the first Recovery Exercise. Client shall be responsible   for submitting a written request for each annual Recovery Exercise to FIS. FIS will schedule the Recovery   Exercise on a date mutually agreed upon by FIS and Client. Client may cancel a scheduled Recovery Exercise   with at least sixty (60) days advance written notice to FIS. Client will incur cancellation fees if proper notice is   not received and acknowledged by FIS. Client shall use the same process for rescheduling a cancelled   Recovery Exercise as is used for the initial scheduling of the Recovery Exercise.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 30      5.2 All Recovery Exercises shall be subject to immediate cancellation or termination, and shall be   rescheduled as soon as possible, if and when any other FIS client declares a Disaster and requests use of the   Recovery Resources that would have been used in the Recovery Exercise.   5.3 A Recovery Exercise consists of the number of hours of test time set forth in the pricing attachment to   the Prior Contract; up to a maximum of eight (8) hours (“Exercise Period”). Each Exercise Period must be used   within one (1) calendar day. Multiple Exercise Periods cannot be pooled into one day but may be taken on   consecutive calendar days. Unused Exercise Periods cannot be held over to another year. Prior to each   Recovery Exercise, FIS will restore Client files and libraries and configure all hardware in accordance with the   Recovery Plan and any Client special instructions detailed therein. Time required to complete this preparatory   activity will not be charged against the Exercise Period. During each Recovery Exercise, FIS will provide   reasonable supplies and support to Client, and Client shall be responsible for all functionality testing. A   Recovery Exercise shall conclude upon the expiration of the Exercise Period or when Client declares its   conclusion as defined in the user guide, whichever comes first.   5.4 Additional Exercise Periods may be undertaken by FIS at FIS’ then current rates if: (i) Client-initiated   unforeseen problems occur; (ii) there is a reasonable expectation of solution within the time extension; and (iii)   the test does not impair any other FIS client’s scheduled access. If Client notifies FIS that a Recovery Exercise   is completed, and Client asks FIS to recommence the Recovery Exercise, Client acknowledges FIS may not be   able to accommodate this request and FIS shall not be responsible in any way if it is not able to so   recommence a Recovery Exercise.    5.5 Additional support is available at FIS’ then current rates. Client shall contact FIS through the FIS   representative assigned to the Recovery Exercise for additional technical planning and problem solving. In the   event Client requests support through any other person, Client will incur additional support charges at FIS’   then-current rates.   5.6 FIS or Client will remove all Data from the Recovery Resources after a Recovery Exercise or a Disaster   recovery operation.   6. Multiple Disasters.   6.1 If FIS is considering an agreement with a new client and if entering into that agreement might result in a   perceived exposure due to a geographic concentration or client size, FIS will perform an analysis of such   exposure for review by FIS management prior to execution of that agreement. FIS will not enter into an   agreement with a new client if the Recovery Resources are insufficient to accommodate additional clients   unless FIS effectuates secondary backup procedures.   6.2 In the event more than one FIS client declares a disaster (“Multiple Disasters”), more than one FIS   client may be granted access to the Recovery Resources (“Multiple Clients”). FIS shall grant its Multiple Clients   comparable rights to the Recovery Resources and provide access to additional recovery resources to the   extent practicable. FIS shall develop and implement an appropriate plan for sharing and allocating the affected   Recovery Resources among the Multiple Clients, in a manner reasonably determined by FIS. If the Multiple   Clients unanimously agree upon their own plan to allocate the Recovery Resources, then FIS will implement   that plan to the extent practicable. Client shall cooperate with FIS in its development and implementation of a   plan for allocating and sharing Recovery Resources among Multiple Clients. Client acknowledges and agrees   that neither FIS nor the Multiple Clients shall be liable for any Loss directly or indirectly resulting from the   shared use of the Recovery Facility and related services in the event of a Multiple Disaster.   7. Timeframes and Hours of Operation. Upon declaration of a Disaster by Client, the Service will be   available twenty-four (24) hours per day, seven (7) days per week; provided, however, that FIS reserves the   right to suspend availability of the Service for the purpose of required maintenance or updating the System. FIS   will attempt to provide Client with at least seventy- two (72) hours’ notice of FIS’ maintenance on the System.   During a Disaster, upon Client’s request and at FIS’ then-current rates, FIS shall also assist Client in contacting   vendors and in obtaining and installing additional or replacement equipment.   8. Termination. FIS shall provide ninety (90) days written notice to Client prior to making any material   change to the equipment configuration set forth in Section 4.3. If such change would render the Recovery   Resources ineffectual and the parties cannot reach a mutually agreeable solution (including price and   configuration) within sixty (60) days of Client's receipt of such notice, Client may terminate this Addendum at   the expiration of the ninety (90) day period upon thirty (30) days prior written notice to FIS. In addition to the   termination rights set forth in the General Terms, FIS may terminate this Addendum if Client fails to cure any   material violation of applicable Law within thirty (30) days of FIS requesting it to do so.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 31      9. Fees.   9.1 Client shall pay FIS the current adjusted fees in the pricing attachment. Declaration Fees shall be paid   by Client upon declaration of a disaster. Usage Fees shall be billed upon the earlier of completion of usage of   the Recovery Resources or monthly, if Client uses the Recovery Resources longer than six (6) weeks. All other   fees shall be settled or paid in accordance with the General Terms. In the event FIS is unable to collect fees via   electronic transfer from the Settlement Account, Client shall pay the fees directly to FIS in accordance with the   General Terms, along with a twenty-five dollar ($25.00) non-ACH processing fee.    9.2  Client hereby agrees that any additional FIS resource utilized by Client that is a chargeable item and   not set forth in this Addendum or the pricing attachment to the Prior Contract shall be charged to Client at FIS’   then-current rates.   9.3 Annually, prior to the anniversary month of the Effective Date, Client’s account volumes will be   measured. All open accounts, including but not limited to deposit, loan, general ledger, safe deposit box, and   stockholder system accounts, will be summed in all production banks the Client operates. The portion of the   monthly fees associated with account volume will then be adjusted accordingly. In addition, based on each   annual Disaster Recovery Exercise, FIS will evaluate bank changes (i.e. file storage volumes) that may affect   its ability to meet the recovery time objective in Section 4.2 above.  FIS and Client mutually agree to either   lengthen the recovery time objective or adjust the monthly fee for the Service to meet the objective if bank   changes so require.   [The remainder of this page is left intentionally blank]     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 32      EQUIPMENT AND MAINTENANCE ADDENDUM      1. Introduction. FIS agrees to provide Client with the exclusive use of certain equipment for business use   (“Equipment”) and maintenance to the Equipment (‘Maintenance”) described below and in accordance with this   Equipment and Maintenance Addendum (“Addendum”). This Addendum is made part of the Agreement, and   capitalized words not otherwise defined herein have the meaning set forth in the Agreement.   2.  Equipment Configuration. FIS will supply, at no additional fee, those CPUs, communications controllers,   DASD equipment, tape/cartridge equipment, printers and other equipment as identified below and such other   equipment as FIS may deem appropriate for its operation of the “Data Center” (as that term is defined in the   Core Processing Services Addendum).    Hardware:    ***************    ***************    ***************    ***************    ***************   ********** System Software:   ******************************   3. Equipment.   3.1 FIS is responsible for maintaining the Equipment in good order, condition and repair and is responsible   for any damage, depreciation, repair or replacement (in the event of damage, but not replacement due to   obsolescence) of the Equipment, as well as the installation of any maintenance and upgrades to the IBM   software. FIS and Client will evaluate hardware capacity on an annual basis at a cost included in the Base   Processing Fees described in Exhibit A to the Core Processing Addendum. Any hardware upgrades or   additional equipment will be mutually agreed upon, with agreement not to be unreasonably withheld by either   party. Client agrees to reimburse FIS for purchase of hardware upgrades or additional equipment, and any   additional Maintenance costs. FIS acknowledges and agrees that if Client has paid in full the purchase price for   any hardware as of the expiration or earlier termination of this Agreement, then Client will be the owner of any   such Client Purchased Hardware and will not be required to make any payment to FIS for Client Purchased   Hardware. FIS agrees to assign to Client all of the manufacturer’s applicable warranties for the Client   Purchased Hardware; and, to execute a Bill Of Sale or any other documents reasonably required to formally   transfer title of the Client Purchased Hardware from FIS to Client.   3.2 FIS agrees, warrants, and represents that the computer equipment supplied and installed at the Data   Center, whether pursuant to this agreement or otherwise, shall be operated by FIS solely for the benefit for   Client and to process Client's data, and will not be used to process any data for any third parties whatsoever.   The processing of data by FIS for any third parties using the equipment provided for in this Agreement will be   considered a default by FIS under the terms and conditions of this Agreement, subject to the remedies of   termination described elsewhere in this Agreement. Nothing in this Section shall prevent FIS and Client from   entering into a mutually agreed-upon "revenue sharing agreement" for the processing of data for third parties;   however, any such agreement shall be in writing and deemed to be an amendment to this Agreement.    3.3 FIS shall indemnify and hold Client harmless from all risk of loss associated with the equipment   identified in the Equipment Configuration and any additional equipment owned or leased by FIS that FIS may   add to the Data Center in the future. FIS, however, will satisfy its indemnity obligation with respect to the   Equipment by maintaining the insurance coverage set forth in the General Terms. Client will bear no risk of loss   with respect to the Equipment, excepting only any loss resulting from Client’s willful misconduct or gross   negligence. Client shall have no obligation to insure the Equipment.   3.4 Telecommunications.  Client will pay all costs of installing and utilizing communication or telephone   lines, data sets, modems, ATMs, terminals, terminal communication control units and other equipment, as may   be required for Client's on-line operations, testing and training. FIS will provide, at its expense, as applicable,     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 33      the terminals and personal computers used by its personnel. Client will provide all personal computers used by   its personnel, both hardware and software.   3.5 Special Equipment Use. Client may use any FIS equipment which is available in the Data Center,   without additional charge, for the exclusive purpose of performing non-repetitive services or for use by Client   with regard to audit or other customary and routine audit examination functions, provided that the use of FIS’s   equipment does not materially interfere with FIS's responsibilities under this Agreement. If any overtime will be   incurred by computer operators in connection with any such use of FIS’s equipment, FIS will notify Client in   advance and the parties will mutually agree on how any such overtime charges will be paid.   3.6 Equipment. If Client wishes to utilize equipment owned or leased by FIS and installed in the Data   Center after the termination or expiration of the Agreement, FIS will not withdraw any such equipment without   first offering to Client, on a right of first refusal basis, the right to purchase, or sublease such equipment. With   respect to equipment leased by FIS, FIS will allow (if and to the extent permitted by the underlying lease) Client   to sublease such equipment from FIS on the exact terms, conditions and costs of the lease then in effect. In   addition, upon the termination or expiration of this Agreement, as the case may be, Client may purchase all but   not less than all of the equipment owned by FIS and used in the Data Center, at a price equal to the sum of   such equipment’s net book value or market value, whichever is greater. Such equipment will not be depreciated   over more than a five-year period. The initial equipment configuration is shown in Section 2 of this Addendum.   Such offer will be made by FIS at least 90 days, and be accepted or rejected by Client at least 60 days, prior to   the termination or expiration of this Agreement. Client may, at its option, negotiate directly with any of the   owners of any leased equipment, to establish its direct contractual relationship for any such equipment, and   Client agrees to act promptly in this regard. FIS acknowledges and agrees that if Client has paid in full the   purchase price for any hardware as of the expiration or earlier termination of this Agreement, then Client will be   the owner of such Client-purchased hardware and will not be required to make any payment to FIS for such   hardware.   3.7  Insurance. As long as it is the owner of the Equipment, FIS will, at its sole cost and expense, insure   the Equipment against theft, loss or damage in the amounts stated on Exhibit 1 to the Core System   Processing Services Agreement, and annually provide Client with evidence of such insurance coverage.    [The remainder of this page is left intentionally blank]     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 34       CHEXSYSTEMS® SERVICES ADDENDUM      1. Introduction. FIS shall provide to INDEPENDENT BANK CORP. of Rockland, MA (“Client”) the services   indicated in the pricing attachment (each, a “Service” and, collectively, the “Services”) in accordance with this   ChexSystems® Services Addendum (“Addendum”) to the Agreement. The parties acknowledge and agree that   the Services contemplated by this Addendum will be provided by Chex Systems, Inc., and for purposes of this   Addendum, references to “FIS” shall mean Chex Systems, Inc. In addition to the terms and conditions set forth   in the General Terms and on the Order Form accompanying this Addendum, the following terms shall apply   with respect to the Services.   2. Data.   2.1 Data Contribution.   2.1.1 Client shall comply with FIS’s policy (“Data Contribution Policy”) regarding the provision of   consumer and business data to FIS, as such policy may be modified by FIS from time to time. Both parties   agree that the Data Contribution Policy is incorporated into and made a part of the Agreement.   2.1.2 FIS shall be entitled to obtain Information (defined below) directly from its affiliated entities in   order to effect Client’s compliance with the Data Contribution Policy.   2.2 Data Usage.   2.2.1 FIS may store, disclose, and use all transaction data, account data, inquiry data, business data   and consumer data provided by or on behalf of Client pursuant to this Addendum, including the Specifications   and the Data Contribution Policy (collectively, “Information”), provided that such storage, disclosure, and use is   for purposes of performing FIS’s obligations under this Addendum or for purposes permitted under the Laws   applicable to FIS, including but not limited to the federal Fair Credit Reporting Act (15 U.S.C. Section 1681, et   seq.), as amended (“FCRA”), Title V, Subtitle A of the Gramm-Leach-Bliley Act, as amended (“GLBA”), and   their implementing regulations.   2.2.2 Termination of this Addendum or any Service shall not require FIS to remove, return or cease to   use any Information obtained from Client.   2.3 Data Security.    2.3.1 Client acknowledges and agrees that FIS is not a “third party processor” as that term is used in   the General Terms.    2.3.2  Notwithstanding anything to the contrary in the General Terms (i) FIS shall promptly notify   Client of any breach of FIS’s system or any portion thereof that results in unauthorized access to NPI obtained   from Client, (ii) Client shall promptly notify FIS of any unauthorized access to FIS Data (as defined below), and   (iii) any notifications provided pursuant to this Section shall include the relevant details of the unauthorized   access and the remedial actions that FIS and/or Client may take to mitigate Losses resulting therefrom. In the   event that a party experiences a breach of security or unauthorized access to NPI, that party shall have the   right to take any action it deems necessary or appropriate to comply with applicable Laws or mitigate Losses   that might result from such breach or unauthorized access, including, without limitation, the provision of notice   to impacted consumers.   2.4 Data Accuracy. Client represents and warrants that: (i) to the best of its knowledge, after conducting all   lawfully required due diligence, all Information obtained from Client is true and complete in all material respects;   and (ii) it shall not submit fictitious Data or test Data to FIS in a production environment. Upon Client’s   reasonable written request, FIS shall provide Client with test cases to use in the Service staging environment.   3. Services.   3.1 The Services described in this Addendum will be provided in accordance with the corresponding   Specifications and as otherwise communicated to Client in writing from time to time. Client acknowledges that   the decisioning messages sent by FIS as part of any Service which includes decisioning functionality are based   solely upon the pre-defined business criteria applicable to consumer attributes provided by Client. Client   acknowledges and agrees that FIS obtains certain of its data from third party sources (“External Suppliers”) and   that such data may or may not be completely thorough or accurate. As such, Client shall not rely on FIS for the   accuracy or completeness of information supplied through the Services. Client acknowledges that all decisions   made with respect to consumers are made solely by Client. If an individual claims that a Service has incorrectly     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 35      listed them as deceased, the individual should be told to contact their local Social Security office to correct the   error.   3.2 Client acknowledges that the Services do not serve as positive identification of the consumer or of the   status of the consumer’s account(s).   3.3 Except as required to comply with Laws, Client shall not, either directly or indirectly, for itself or through   any agent or third party: (i) compile, store, maintain or use the Services or data provided by FIS through the   Services (“FIS Data”) to build its own database, or (ii) copy or otherwise reproduce the Services or FIS Data.   Client shall be solely responsible for ensuring that the storage, delivery and transmission of FIS Data is done in   a secure and confidential manner.   3.4 Client agrees to take appropriate measures to protect against the misuse of the Services. Client shall in   all instances be the end user of the Services and shall not permit the Services to be used by any other entity.   Client shall not allow access to the Service or FIS Data from Internet Protocol addresses located outside of the   United States and its territories; nor shall Client allow FIS Data to traverse networks outside of the United   States, irrespective of whether such network is internal or external to Client. Client shall not allow FIS Data to   be stored at rest outside of the United States, irrespective of the storage media. Client shall only request and   use the FIS Data provided through the Services one (1) time for the specific transaction and the certified   permissible use (see Attachment 1) for which the FIS Data was requested.   3.5 Client acknowledges and agrees that FIS will only allow Client to access the Services if Client’s   credentials provided in Attachment 2 (“Client Credentialing Form”) can be verified in accordance with FIS’s   internal credentialing procedures.   3.6 Client agrees to administer and control unique access user IDs and passwords as set forth herein and   as may be communicated to Client in writing from time to time. Client shall promptly notify FIS if any account ID   becomes inactive, invalid or otherwise may be terminated, reassigned or compromised. Client agrees to   conduct quarter-annual quality control reviews to ensure all current users are appropriately authorized, and   promptly provide the results of such reviews to FIS upon request.   3.7 Client shall not use FIS Data to formulate questions or the like so as to create question-based identity   verification services.   3.8 If FIS reasonably and in good faith determines that Client has breached any provision of the Agreement   that pertains to credentialing or the access, use, storage or disclosure of FIS Data, FIS may, upon five (5)   business days’ notice (unless a shorter notification period is required in order for FIS to maintain its compliance   obligations), suspend Client’s access to the affected Service until such time as Client remedies the breach to   FIS’s reasonable satisfaction. If Client fails to cure the breach to FIS’s reasonable satisfaction within thirty (30)   days, or if Client has previously breached any of the access, use, storage, disclosure or credentialing   provisions governing the Service, then FIS shall be entitled to immediately terminate the affected Service.   Client agrees to cooperate fully with any investigations into any potential misuse of the Services.   3.9 The Services and related FIS Data shall be requested for the exclusive use of Client, maintained by   Client as Confidential Information, and disclosed only to Client’s employees whose duties reasonably relate to   the permissible use for which the FIS Data was requested (see Attachment 1).   3.10 Client will not use the Services for personal or non-business reasons. Client agrees that each of its   employees and/or agents that are granted access to FIS Data will be bound by confidentiality restrictions   regarding the dissemination of such FIS Data. FIS shall have the right to verify compliance with this subsection   upon reasonable notice to Client.   4. Service Categories. Client may purchase one or more of the Services set forth on Attachment 1 to this   Addendum at any time. The corresponding additional terms set forth in this Section shall only apply if the   Service referenced in Attachment 1 is also included in a pricing attachment hereto.   4.1 If Client receives any “Consumer Report Service” set forth on Attachment 1, the following subsections   apply:   4.1.1 Under no circumstances shall Client use the Service or any corresponding FIS Data for   employment, skip tracing or any other purpose that is not specifically set forth herein or in Attachment 1 as a   permissible use. In the event Client takes any adverse action, as defined in the FCRA, based in whole or in part   on the Service or any corresponding FIS Data, Client agrees to instruct the impacted consumer to contact Chex   Systems, Inc. by visiting its web site at www.consumerdebit.com, by telephone at 800-428-9623, by mail at     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 36      Chex Systems, Inc., Attn: Consumer Relations, 7805 Hudson Road, Suite 100, Woodbury, MN 55125, or by fax   at 602-659-2197, or such other contact information that FIS may provide or otherwise make available to Client.   4.1.2 Client shall maintain copies of all written or electronic consumer authorizations for a minimum of   three (3) years from the date of Client’s inquiry. Client shall take all reasonable measures to identify consumers   and to obtain and accurately provide FIS with complete consumer identifications. If required by applicable Law,   Client may share the contents of a consumer report received from FIS with the subject consumer, provided   Client does so without charge. Client agrees that it will not disclose to any consumer or third party any score   received through the Service, except as may be required by applicable Law.   4.1.3 Client acknowledges its receipt of the “Notice to Users of Consumer Reports: Obligations of   Users Under the FCRA” and the “Notice to Furnishers of Information: Obligations of Furnishers Under the   FCRA” (collectively, the “Notices”) which are attached hereto as Attachment 3. The Notices are subject to   change, as may be required to comply with applicable Law. Client acknowledges that it is a furnisher of data as   set forth in the Notices and the FCRA.   4.1.4 Client acknowledges that the FCRA provides that any person who knowingly and willfully obtains   information on a consumer from a consumer reporting agency under false pretenses shall be fined under Title   18 of the United States Code, or imprisoned for not more than two (2) years, or both, as provided in Section   619 of the FCRA or under other applicable Law.   4.2 If Client receives any “Consumer Report Service – Prescreen” set forth on Attachment 1, Client shall   extend a firm offer of credit, as required by applicable Law. Client will not disclose the selection criteria used as   part of the Service to any consumer or other third party, including without limitation, to a third party processor.   Client will not, in any direct mail or telemarketing solicitation, refer to any presumed knowledge about the   consumer. Client understands that it may not use a prescreened list more than once.   4.3 If Client receives any “Fraud Detection and Identity Service” listed on Attachment 1, the following   subsections apply:   4.3.1 Client acknowledges that the Service does not constitute (nor is the Service to be used as a   “consumer report” or an “investigative consumer report” as those terms are used and defined in the FCRA   Client acknowledges that certain FIS Data provided through the Service is derived from publicly available   information. Client further acknowledges that the Service is an identification verification tool to be used by   Client in conjunction with (and not to the exclusion or replacement of) Client’s own internal policies and   procedures relating to identity verification. Client shall (i) not use the Service to grant or deny an account or to   take any other adverse action (as defined in the FCRA) with respect to a consumer; and (ii) only use the   Service in financial services markets located in the United States of America and its territories.   4.3.2 Client acknowledges and agrees that some of the information contained in the Service is NPI and   is regulated by the GLBA. In addition, Client agrees it will recertify, in writing, its permissible use(s) of FIS Data   upon request by FIS.   4.3.3 Client shall obtain any consumer consents as may be required by Law prior to using the Service.   4.4 If Client receives any “Driver’s License Service” set forth on Attachment 1, the following subsections   apply:   4.4.1 Client acknowledges that the Service does not provide or constitute a “consumer report” as that   term is used and defined in the FCRA and that the Service and the accompanying FIS Data is not to be used   as a “consumer report”.  Client agrees not to use the Service or accompanying FIS Data to make account   opening determinations. Client shall not use the FIS Data provided through the Service to create or update a   file for its own source of driving history records or other motor vehicle data.   4.4.2 Client acknowledges that the Driver’s Privacy Protection Act (18 U.S.C. Section 2721 et seq.)   (“DPPA”) and several similar state laws provide that any person who knowingly obtains or discloses DPPA   governed information for any purpose not permitted by the DPPA, or who makes any false representations to   obtain any such information, may be subject to civil and criminal penalties. Client acknowledges and agrees   that the DPPA, and other similar Laws, apply to the Service.   4.4.3 FIS shall be entitled to remove any state driver’s license file from the Service in the event that   FIS is not able to obtain the file from its External Supplier.   4.5 If Client receives the “Post-Inquiry Reporting Service” set forth on Attachment 1, Client represents that   it will only use the Service for its own internal compliance and audit purposes. Client shall not use the Service     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 37      or related FIS Data to grant or deny an account, nor shall Client take any other adverse action or make any   decision with respect to an individual consumer or business entity based upon the use of the Service or related   FIS Data.   4.6 Financial Demographic Data (“P$YCLE”). If Client receives the P$YCLE component of the QualiFile   Service, the following subsections shall apply:    4.6.1 Client acknowledges the information comprising the P$YCLE code (i) does not constitute a   “consumer report” or an “investigative consumer report” as those terms are used and defined in the FCRA, (ii)   is not to be used for the purposes of a “consumer report” or an “investigative consumer report”, and (iii) is not to   be used to grant or deny an account or credit or to take any adverse action (as defined in the FCRA) with   respect to a consumer.    4.6.2 The P$YCLE code may be used and retained by Client solely for internal research purposes in   determining future strategies utilizing the QualiFile Service, including in-house file enhancements, mailing list   screens, modeling and list analysis. Consumer “Lifestyle” data that is provided to Client as part of the P$YCLE   code shall not be used in telemarketing activities. Client may not sell, lease, rent or otherwise provide the   P$YCLE code, or any file, list, model, code or report derived from the P$YCLE code, to any third party.   4.6.3 All marketing efforts, solicitations, advertising, and other communications used in connection with   any offer created by or for Client derived from the P$YCLE code shall (i) be devoid of any reference to any   selection criteria or presumed knowledge concerning the intended recipient of such solicitation, or the source of   the recipient’s name and address; and (ii) be in good taste in accordance with generally recognized industry   standards and standards of high integrity. Client shall not use the P$YCLE code to advertise, sell, or exchange   any products or services that involve sexual paraphernalia; pornographic materials; weapons; credit repair   services or other illegal or illicit activities.   4.7 Professional/Consulting Services. FIS and Client agree that any non-standard professional or   consulting Services requested by Client that are not already included in any standard setup or maintenance fee   shall be subject to the fees and additional terms set forth in a statement of work issued pursuant to this   Addendum. Any such statement of work shall be incorporated into and made a part of the Agreement.   5. Indemnification.   5.1 In addition to the indemnification obligations set forth in the General Terms, Client shall indemnify,   defend and hold harmless FIS’s External Suppliers from and against any and all Losses that result from, relate   to, arise out of, or are incurred in connection with (i) Client's use of a Service provided under this Addendum; or   (ii) a breach of security or unauthorized access to NPI caused by Client.   5.2 In addition to the indemnification obligations set forth in the General Terms, Client shall defend FIS and   its officers, employees, directors, affiliates, agents and shareholders, in their individual capacities or otherwise,   from and against any and all Claims (as defined in this Section) asserted by a third party against FIS, and shall   indemnify and hold harmless FIS from and against any damages, costs, and expenses of such third party   awarded against FIS by a final court judgment or an agreement settling such Claims in accordance with the   General Terms. As used in this Section, the term “Claim” means any action, litigation, or claim by a third party   based upon or resulting from Client’s use of a Service or FIS Data as part of a decision to deny such third party   an account or some other benefit.    6. Audit.    6.1 FIS shall be entitled to request information regarding specific transactions and inquiries made by Client   using the Services. Client shall promptly respond to any such requests. Client acknowledges and agrees that in   order to ensure compliance with applicable Laws, regulatory agency requirements and/or FIS’s obligations   under its External Supplier agreements, FIS shall have three (3) years after the termination or expiration of this   Addendum to conduct the audits contemplated by this Addendum.   6.2 Upon at least ten (10) business days’ prior written notice, FIS, its representatives and/or vendors may   visit client’s facilities, during normal business hours, for the purpose of: (i) inspecting the location and use of the   Services; and (ii) auditing, monitoring and ensuring compliance with the terms of this Addendum. Notice for any   audit must specify the scope of the information sought and the purpose of the audit. All audits must be   reasonable in scope and duration.   7. Termination. In addition to the termination rights set forth in this Addendum and the General Terms, FIS   may immediately terminate a Service if FIS reasonably determines that (i) any Law, regulation, consent decree     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 38      or government regulatory agency opinion would jeopardize the continuing legality of the Service; or (ii) Client is   not in compliance with, or Client causes FIS, an External Supplier or any third party not to be in compliance   with, applicable Law.   8. Regulatory Requests. FIS and Client are subject to continuing oversight and supervisory authority by   various federal regulatory agencies (“Federal Regulators”). FIS and Client each acknowledge and agree that   when requested by a Federal Regulator, the Agreement and any information related to the Agreement may be   disclosed by either party to a Federal Regulator (as required by Federal Law) without prior notice to the other   party and without disclosure to the other party of the Federal Regulator’s request.   9. Fees. FIS may increase the recurring fees due under this Addendum by the applicable percentage set forth   in the General Terms at any time, but not more than once annually.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 39      CHEXSYSTEMS® SERVICES ADDENDUM       Attachment 1 – Service Categories and Permissible Uses      Client hereby certifies that it shall use the FIS Data provided through the Service in accordance with the   applicable terms and conditions of the Addendum and solely for the Permissible Use associated with the   Service as set forth below:      Consumer Report Services – Consumer Initiated:    Account Ownership Service(1)    QualiFile® - all versions(1)   Driver’s License Service:    QualiFile® (Driver’s License Verification   component) (6)      Consumer Report Services – Account Review:    QualiFile® (Sentry Service component)(2)    QualiFile® BatchChex component(2)   Post-Inquiry Report Services:    ChexSystems® Closure Information Report   component)    QualiFile® Inquiry Detail File    ChexSystems® Inquiry Report    QualiFile® History Report   Consumer Report Services – Prescreen:    ProspectChex(4)      Consumer Report Services – Legitimate Business   Need:    DepositShield® Direct or Express(3)      Fraud Detection and Identity Services:    QualiFile® (Driver’s License Validation   component) (5)    QualiFile® (FraudFinder® component) (5)    QualiFile® (SSN Validation component) (5)    QualiFile® (Credit Header component) (5)      Permissible Uses:   1. For a legitimate business need in connection with a business transaction initiated by the consumer.   2. For a legitimate business need to review an account to determine whether the consumer continues to meet   the terms of the account.   3. For a legitimate business need in connection with a business transaction initiated by a consumer, solely to   assist with assessing risk in connection with third party personal and/or company checks for deposit or   payment processed within a financial institution, provided, however, Client may not use DepositShield® to take   adverse action (as defined in the FCRA) against any consumer.   4. To prescreen a consumer for an unsolicited firm offer of credit.   5. To protect against or prevent actual or potential fraud, unauthorized transactions, claims or other liability.   6. In the normal course of business: (i) solely to verify the accuracy of personal information submitted by   Client’s Customer(s), (ii) if such information as so submitted is incorrect or is no longer correct, to obtain the   correct information, but only for the purposes of preventing fraud by the individual.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 40      CHEXSYSTEMS® SERVICES ADDENDUM      Attachment 2 – Client Credentialing Form      NOTE: INCOMPLETE OR INCORRECT INFORMATION MAY    RESULT IN AN IMPLEMENTATION DELAY.   To submit the Credentialing Form:   1. Please type or print all information requested and return with the executed contract documentation.   2. If applicable, supporting documentation must be provided or application will be returned and Services will   not be set up.    1. COMPANY INFORMATION (ALL ITEMS ARE MANDATORY)   Company Name:       Main Office Telephone (not ext.): (     )      -        Main Fax: (     )      -      Website:         Current Main Physical Address (P.O.. box or private mail box not permitted):    Street Address:         City:       State:       Zip Code:         Date Organization Established:       Business Specialization:         2. ACCOUNT CONTACT INFORMATION (ALL ITEMS ARE MANDATORY)   Last Name:       First Name:         Title:       Telephone (not cell): (     )      -        Cell Phone (if applicable):       Email:         Are you authorized by your organization to order reports on their behalf?:  YES      NO   3. INDUSTRY AND COMPANY TYPE INFORMATION IS REQUIRED FROM ALL APPLICANTS   NOTE: The Business name on license must match the Company name provided.   Select the one item that best describes your company:    Banking/Financial    Retail/Wholesale    Healthcare       Collections    Telecommunications    Attorney/Law Office   Insurance    Tenant Screening    Other   If   Other Please Specify:         Is your company Publicly Held?  YES   NO  If yes, please provide stock symbol here          Is your company a bank or credit union?  YES   NO  If yes, are you regulated by the FDIC or NCUA? If Yes:   FDIC NCUA    If FDIC, please provide: Certificate #:        Date:        If NCUA, please provide: Charter #:         Date:         If No, attach appropriate documentation reflecting your regulatory agency and explain:             Is your company one of the following?  Partnership    Corporation/ State of:         If you are a partnership, additional information is required.  A professional license is required if your organization is   professionally regulated, a business license and/or notarized articles of incorporation are required for all others –   except if publicly held, SEC, NCUA or FDIC regulated.     License Required: Business License #:       City, County, State of Issuance       License Expiration Date:         Professional License #         License Expiration Date:         ATTACH A COPY OF YOUR PROFESSIONAL/BUSINESS/STATE LICENSE OR FEDERAL TAX ID REGISTRATION   IF NO LICENSE REQUIRED or NOTARIZED ARTICLES OF INCORPORATION.   Federal Tax ID:       Are you exempt from state & local taxes?   YES   NO Attach a copy of 501(C)(3) documentation   Is your organization home-based?  YES    NO   4. AUTHORIZATION   Chex Systems, Inc., itself or through its parent corporation or other affiliate (collectively, “Chex”) requires credentialing   of potential clients prior to providing certain data services. As such, Client hereby authorizes Chex to obtain information   about Client’s commercial activities and financial condition from third parties, including, without limitation, banks, credit   or consumer reporting agencies, any business references provided by Client, as well as any other third party that can   provide such information. Client agrees that this document shall serve as Client’s consent for any third party to release     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 41      information requested by Chex to Chex or its representative, and Client hereby releases such third party and Chex of   all liability associated with such disclosure. In addition to the information that may be requested from third parties as   specified above, Chex may elect, and Client consents to, a physical inspection of Client facilities. Client hereby   authorizes Chex, or a third party vendor of Chex to conduct such an inspection, and agrees to provide all reasonable   cooperation necessary to complete such inspection in a meaningful and timely fashion.   THE DULY AUTHORIZED REPRESENTATIVE OF CLIENT HEREBY REPRESENTS AND WARRANTS THAT THE   INFORMATION PROVIDED IN THIS APPLICATION IS TRUE AND ACCURATE.   Signature:  Date:         Printed Name:       Title:               

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 42      All furnishers of information to consumer reporting agencies must comply with all applicable   regulations.  Information about applicable regulations currently in effect can be found at the   Consumer Financial Protection Bureau’s website, www.consumerfinance.gov/learnmore.      NOTICES TO FURNISHERS OF INFORMATION:   OBLIGATIONS OF FURNISHERS UNDER THE FCRA    The federal Fair Credit Reporting Act (FCRA), 15 U.S.C. 1681-1681y, imposes responsibilities on all   persons who furnish information to consumer reporting agencies (CRAs). These responsibilities are found in   Section 623 of the FCRA, 15 U.S.C. 1681s-2.  State law may impose additional requirements on furnishers. All   furnishers of information to CRAs should become familiar with the applicable laws and may want to consult with   their counsel to ensure that they are in compliance. The text of the FCRA is available at the website of the   Bureau of Consumer Financial Protection’s (CFPB): websitewww.consumerfinance.gov/learnmore.  A list of   sections of the FCRA cross-referenced to the U.S. Code is at the end of this document.    Section 623 imposes the following duties upon furnishers:    Accuracy Guidelines    The FCRA requires furnishers to comply with federal guidelines and regulations dealing with the   accuracy of information provided to CRAs by furnishers.  Federal regulations and guidelines are available at   www.consumerfinance.gov/learnmore.  Section 623(e).   General Prohibition on Reporting Inaccurate Information:   The FCRA prohibits information furnishers from providing information to a CRA that they know or have   reasonable cause to believe is inaccurate. However, the furnisher is not subject to this general prohibition if it   clearly and conspicuously specifies an address to which consumers may write to notify the furnisher that   certain information is inaccurate.  Sections 623(a)(1)(A) and (a)(1)(C).   Duty to Correct and Update Information:   If at any time a person who regularly and in the ordinary course of business furnishes information to one or   more CRAs determines that the information provided is not complete or accurate, the furnisher must provide   complete and accurate information to the CRA. In addition, the furnisher must notify all CRAs that received the   information of any corrections, and must thereafter report only the complete and accurate information.  Section   623(a)(2).   Duties After Notice of Dispute from Consumer:   If a consumer notifies a furnisher, at an address specified by the furnisher for such notices, that specific   information is inaccurate, and the information is in fact inaccurate, the furnisher must thereafter report the   correct information to CRAs.  Section 623(a)(1)(B).   If a consumer notifies a furnisher that the consumer disputes the completeness or accuracy of any   information reported by the furnisher, the furnisher may not subsequently report that information to a CRA   without providing notice of the dispute.  Section 623(a)(3).   Furnisher must comply with federal regulations that identify when an information furnisher must investigate   a dispute made directly to the furnisher by a consumer.  Under these, furnishers must complete an   investigation within 30 days (or 45 days, if the consumer later provides relevant additional information) unless   the dispute is frivolous or irrelevant or comes from a “credit repair organization.”  Federal regulations are   available at www.consumerfinance.gov.  Section 623(a)(8).   Duties After Notice of Dispute from Consumer Reporting Agency:   If a CRA notifies a furnisher that a consumer disputes the completeness or accuracy of information   provided by the furnisher, the furnisher has a duty to follow certain procedures. The furnisher must:    Conduct an investigation and review all relevant information provided by the CRA, including   information given to the CRA by the consumer.  Sections 623(b)(1)(A) and (b)(1)(B).     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 43       Report the results to the CRA that referred the dispute, and, if the investigation establishes that the   information was, in fact, incomplete or inaccurate, report the results to all CRAs to which the furnisher   provided the information that compile and maintain files on a nationwide basis.  Sections 623(b)(1)(C)   and (b)(1)(D).    Complete the above within 30 days from the date the CRA receives the dispute (or 45 days, if the   consumer later provides relevant additional information to the CRA).  Section 623(b)(2).    Promptly modify or delete information, or block its reporting.  Section 623(b)(1)(E).   Duty to Report Voluntary Closing of Credit Accounts:   If a consumer voluntarily closes a credit account, any person who regularly and in the ordinary course of   business furnishes information to one or more CRAs must report this fact when it provides information to CRAs   for the time period in which the account was closed.  Section 623(a)(4).   Duty to Report Dates of Delinquencies:   If a furnisher reports information concerning a delinquent account placed for collection, charged to profit or   loss, or subject to any similar action, the furnisher must, within 90 days after reporting the information, provide   the CRA with the month and the year of the commencement of the delinquency that immediately preceded the   action, so that the agency will know how long to keep the information in the consumer's file.  Section 623(a)(5).   Any person, such as a debt collector, that has acquired or is responsible for collecting delinquent  accounts   and that reports information to CRAs may comply with the requirements of Section 623(a)(5) (until there is a   consumer dispute) by reporting the same delinquency date previously reported by the credit.  If the credit did   not report this date, they may comply with the FCRA by establishing reasonable procedures to obtain and   report delinquency dates, or, if a delinquency date cannot be reasonable obtained, by following reasonable   procedures to ensure that the date reported precedes the date when the account was placed for collection,   charges to profit or loss, or subjected to any similar action. Section 623(a)(5).    Duties of Financial Institutions When Reporting Negative Information    Financial Institutions that furnish information to “nationwide” consumer reporting agencies, as defined   in Section 603(p), must notify consumers in writing if they may furnish or have furnished negative information to   a CRA.  Section 623(a)(7).  The CFPB has prescribed model disclosures, 12 CFR Part 1022, App. B.    Duties When Furnishing Medical Information    A furnisher whose primary business is providing medical services, products or devices (and such   furnisher’s agents or assignees) is a medical information furnisher for the purposes of the FCRA and must   notify all CRAs to which it reports of this fact.  Section 623(a)(9).  This notice will enable CRAs to comply with   their duties under Section 604(g) when reporting medical information.    Duties When ID Theft Occurs    All furnishers must have in place reasonable procedures to respond to notifications from CRAs that   information furnished is the result of identity theft, and to prevent refurnishing the information in the future.  A   furnisher may not furnish information that a consumer has identified as resulting from identity theft unless the   furnisher subsequently knows or is informed by the consumer that the information is correct.  Section 623(a)(6).    If a furnisher learns that it has furnished inaccurate information due to identity theft, it must notify each CRA of   the correct information and must thereafter report only complete and accurate information.  Section 623(a)(2).    When any furnisher of information is notified pursuant to the procedures set forth in Section 605B that a debt   has resulted from identity theft, the furnisher may not sell, transfer, or place for collection the debt except in   certain limited circumstances.  Section 615(f).     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 44      The CFPB’s website, www.consumerfinance.gov/learnmore, has more information about the FCRA,   including publications for business and the full text of the FCRA.    Citations for FCRA sections in the U.S. Code, 15 U.S.C. § 1681 et seq.:         Section 602    15 U.S.C. 1681   Section 603    15 U.S.C. 1681a   Section 604    15 U.S.C. 1681b   Section 605    15 U.S.C. 1681c   Section 605A   15 U.S.C. 1681cA   Section 605B   15 U.S.C. 1681cB   Section 606    15 U.S.C. 1681d   Section 607    15 U.S.C. 1681e   Section 608    15 U.S.C. 1681f   Section 609    15 U.S.C. 1681g   Section 610    15 U.S.C. 1681h   Section 611    15 U.S.C. 1681i   Section 612    15 U.S.C. 1681j   Section 613    15 U.S.C. 1681k   Section 614    15 U.S.C. 1681l   Section 615    15 U.S.C. 1681m   Section 616    15 U.S.C. 1681n   Section 617    15 U.S.C. 1681o   Section 618    15 U.S.C. 1681p   Section 619    15 U.S.C. 1681q   Section 620    15 U.S.C. 1681r   Section 621    15 U.S.C. 1681s   Section 622    15 U.S.C. 1681s-1   Section 623    15 U.S.C. 1681s-2   Section 624    15 U.S.C. 1681t   Section 625    15 U.S.C. 1681u   Section 626    15 U.S.C. 1681v   Section 627    15 U.S.C. 1681w   Section 628    15 U.S.C. 1681x   Section 629    15 U.S.C. 1681y     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 45      All users of consumer reports must comply with all applicable regulations.  Information about   applicable regulations currently in effect can be found at the Consumer Financial Protection Bureau’s   website, www.consumerfinance.gov/learnmore.      NOTICE TO USER OF CONSUMER REPORTS:   OBLIGATIONS OF USERS UNDER THE FCRA   The federal Fair Credit Reporting Act (FCRA), 15 U.S.C 1681-1681y requires that this notice be provided to   inform users of consumer reports of their legal obligations. State law may impose additional requirements. The   text of the FCRA is set forth in full at the Consumer Financial Protection Bureau’s (CFPB) website at   www.consumerfinance.gov/learnmore. At the end of this document is list of United States Code citations of the   FCRA.  Other information about user duties is also available at the Bureau’s website.  Users must consult the   relevant provisions of the FCRA for details about their obligations under the FCRA.   This first section of this summary sets forth the responsibilities imposed by the FCRA on all users of consumer   reports. The subsequent sections discuss the duties of users of reports that contain specific types of   information, or that are used for certain purposes, and the legal consequences of violations. If you are a   furnisher of information to a consumer reporting agency (CRA), you have additional obligations and will receive   a separate notice from the CRA describing your duties as a furnisher.    I. OBLIGATIONS OF ALL USERS OF CONSUMER REPORTS   A. Users Must Have a Permissible Purpose   Congress has limited the use of consumer reports to protect consumer's privacy. All users must have   a permissible purpose under the FCRA to obtain a consumer report. Section 604 contains a list of the   permissible purposes under the law. These are:    As ordered by a court or a federal grand jury subpoena.  Section 604(a)(1)    As instructed by the consumer in writing.  Section 604(a)(2)    For the extension of credit as a result of an application from a consumer, or the review or collection of   a consumer's account.  Section 604(a)(3)(A)    For employment purposes, including hiring and promotion decisions, where the consumer has given   written permission.  Sections 604(a)(3)(B) and 604(b)    For the underwriting of insurance as a result of an application from a consumer.  Section 604(a)(3)(C)    When there is a legitimate business need, in connection with a business transaction that is initiated   by the consumer.  Section 604(a)(3)(F)(i)    To review a consumer's account to determine whether the consumer continues to meet the terms of   the account.  Section 604(a)(3)(F)(ii)    To determine a consumer's eligibility for a license or other benefit granted by a governmental   instrumentality required by law to consider an applicant's financial responsibility or status.  Section   604(a)(3)(D)    For use by a potential investor or servicer, or current insurer, in a valuation or assessment of the   credit or prepayment risks associated with an existing credit obligation.  Section 604(a)(3)(E)    For use by state and local officials in connection with the determination of child support payments, or   modifications and enforcement thereof.  Sections 604(a)(4) and 604(a)(5)   In addition, creditors and insurers may obtain certain consumer report information for the purpose of   making “prescreened” unsolicited offers of credit or insurance. Section 604(c). The particular obligations   of users of this “prescreened” information are described in Section VII below.   B. Users Must Provide Certifications     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 46      Section 604(f) prohibits any person from obtaining a consumer report from a consumer reporting   agency (CRA) unless the person has certified to the CRA the permissible purpose(s) for which the report   is being obtained and certifies that the report will not be used for any other purpose.   C. Users Must Notify Consumers When Adverse Actions Are Taken   The term “adverse action” is defined very broadly by Section 603.  “Adverse actions” include all business,   credit, and employment actions affecting consumers that can be considered to have a negative impact as   described by Section 603(k) of the FCRA -- such as denying or canceling credit or insurance,  or denying   employment or promotion.  No adverse action occurs in a credit transaction where the creditor makes a   counteroffer that is accepted by the consumer.     1. Adverse Actions Based on Information Obtained from a CRA   If a user takes any type of adverse action as defined by the FCRA that is based at least in part on   information contained in a consumer report, Section 615(a) of the FCRA requires the user  to notify the   consumer. The notification may be done in writing, orally, or by electronic means. It must include the   following:    The name, address, and telephone number of the CRA (including a toll-free telephone number, if it is   a nationwide CRA) that provided the report.    A statement that the CRA did not make the adverse decision and is not able to explain why the   decision was made.    A statement setting forth the consumer's right to obtain a free disclosure of the consumer's file from   the CRA if the consumer requests the report within 60 days.    A statement setting forth the consumer's right to dispute directly with the CRA the accuracy or   completeness of any information provided by the CRA.     2. Adverse Actions Based on Information Obtained From Third Parties Who Are Not   Consumer Reporting Agencies   If a person denies (or increases the charge for) credit for personal, family, or household purposes   based either wholly or partly upon information from a person other than a CRA, and the information is the   type of consumer information covered by the FCRA, Section 615(b)(1) requires that the user clearly and   accurately disclose to the consumer his or her right to be told of the nature of the information that was   relied upon if the consumer makes a written request within 60 days of notification. The user must provide   the disclosure within a reasonable period of time following the consumer's written request.     3. Adverse Actions Based on Information Obtained From Affiliates   If a person takes an adverse action involving insurance, employment, or a credit transaction   initiated by the consumer, based on information of the type covered by the FCRA, and this information   was obtained from an entity affiliated with the user of the information by common ownership or control,   Section 615(b)(2) requires the user to notify the consumer of the adverse action. The notice must inform   the consumer that he or she may obtain a disclosure of the nature of the information relied upon by   making a written request within 60 days of receiving the adverse action notice. If the consumer makes   such a request, the user must disclose the nature of the information not later than 30 days after receiving   the request.  If consumer report information is shared among affiliates and then used for an adverse   action, the user must make an adverse action disclosure as set forth in I.C.1 above.    D. Users Have Obligations When Fraud and Active Duty Military Alerts are in Files    When a consumer has placed a fraud alert, including one relating to identity theft, or an active duty   military alert with a nationwide consumer reporting agency as defined in Section 603(p) and resellers,   Section 605A(h) imposed limitations on users of reports obtained from the consumer reporting agency in   certain circumstances, including the establishment of a new credit plan and the issuance of additional   credit cards.  For initial fraud alerts and active duty alerts, the user must have reasonable policies and   procedures in place to form a belief that the user knows the identity of the applicant or contact the   consumer at a telephone number specified by the consumer; in the case of extended fraud alerts, the     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 47      user must contact the consumer in accordance with the contact information provided in the consumer’s   alert.   E. Users Have Obligations When Notified of an Address Discrepancy    Section 605(h) requires nationwide CRAs, as defined in Section 603(p), to notify users that request   reports when the address for a consumer provided by the user in requesting the report is substantially   different from the addresses in the consumer’s file.  When this occurs, users must comply with regulations   specifying the procedures to be followed.  Federal regulations are available at   www.consumerfinance.gov/learnmore.    F. Users Have Obligations When Disposing of Records     Section 628 requires that all users of consumer report information have in place procedures to properly   dispose of records containing this information.  Federal regulations have been issued that cover disposal.      II. CREDITORS MUST MAKE ADDITIONAL DISCLOSURES    If a person uses a consumer report in connection with an application for, or a grant, extension, or   provision of, credit to a consumer or material terms that materially less favorable than the most favorable   terms available to a substantial proportion of consumers from or through that person, based in whole or in   part on a consumer report, the person must provide a risk-based pricing notice to the consumer in   accordance with regulations prescribed by the CFPB.    Section 609(g) requires a disclosure by all persons that make or arrange loans secured by residential   real property (one to four units) and that use credit scores.  These persons must provide credit scores   and other information about credit scores to applicants, including the disclosure set forth in Section   609(g)(1)(D) (“Notice to the Home Loan Applicant”).   III. OBLIGATIONS OF USERS WHEN CONSUMER REPORTS ARE OBTAINED FOR EMPLOYMENT   PURPOSES    A. Employment Other Than in the Trucking Industry   If information from a CRA is used for employment purposes, the user has specific duties, which are   set forth in Section 604(b) of the FCRA.  The user must:    Make a clear and conspicuous written disclosure to the consumer before the report is obtained, in a   document that consists solely of the disclosure that a consumer report may be obtained.    Obtain from the consumer prior written authorization.  Authorization to access reports during the term   of employment may be obtained at the time of employment.    Certify to the CRA that the above steps have been followed, that the information being obtained will   not be used in violation of any federal or state equal opportunity law or regulation, and that, if any   adverse action is to be taken based on the consumer report, a copy of the report and a summary of   the consumer's rights will be provided to the consumer.    Before taking an adverse action the user must, provide a copy of the report to the consumer as well   as the summary of the consumer's rights. (The user should receive this summary from the CRA.)  A   Section 615(a) adverse action notice should be sent after the adverse action is taken.   An adverse action notice also is required in employment situations if credit information (other than   transactions and experience data) obtained from an affiliate is used to deny employment. Section   615(b)(2).     The procedures for investigative consumer reports and employee misconduct is set forth below.   B. Employment in the Trucking Industry    Special rules apply for truck drivers where the only interaction between the consumer and the   potential employer is mail, telephone, or computer.  In this case, the consumer may provide consent   orally or electronically, and an adverse action may be made orally, in writing, or electronically.  The     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 48      consumer may obtain a copy of any report relied upon by the trucking company by contacting the   company.   IV. OBLIGATIONS WHEN INVESTIGATIVE CONSUMER REPORTS ARE USED   Investigative consumer reports are a special type of consumer report in which information about a   consumer's character, general reputation, personal characteristics, and mode of living is obtained through   personal interviews by an entity or person that is a consumer reporting agency.  Consumers who are the   subjects of such reports are given special rights under the FCRA. If a user intends to obtain an   investigative consumer report, Section 606 requires the following:    The user must disclose to the consumer that an investigative consumer report may be obtained. This   must be done in a written disclosure that is mailed, or otherwise delivered, to the consumer not later   than three days after the date on which the report was first requested. The disclosure must include a   statement informing the consumer of his or her right to request additional disclosures of the nature   and scope of the investigation as described below, and must include the summary of consumer rights   required by Section 609 of the FCRA. (The summary of consumer rights will be provided by the CRA   that conducts the investigation.)    The user must certify to the CRA that the disclosures set forth above have been made and that the   user will make the disclosure described below.    Upon the written request of a consumer made within a reasonable period of time after the disclosures   required above, the user must make a complete disclosure of the nature and scope of the   investigation. This must be made in a written statement that is mailed, or otherwise delivered, to the   consumer no later than five days after the date on which the request was received from the consumer   or the report was first requested, whichever is later in time.   V.   SPECIAL PROCEDURES FOR EMPLOYEE INVESTIGATIONS    Section 603(x) provides special procedures for investigations of suspected misconduct by an   employee or for compliance with Federal, state or local laws and regulations or the rules of a self-   regulatory organization, and compliance with written polices of the employer.  These investigations are   not treated as consumer reports so long as the employer or its agent complies with the procedures set   forth in 603(x), and a summary describing the nature and scope of the inquiry is made to the employee if   an adverse action is taken based on the investigation.   VI. OBLIGATIONS OF USERS OF MEDICAL INFORMATION    Section 604(g) limits the use medical information obtained from consumer reporting agencies (other   than payment information that appears in a coded form that does not identify the medical provider).  If the   information is to be used for insurance transaction, the consumer must give consent to the user of the   report or the information must be coded. If the report is to be used for employment purposes – or in   connection with a credit transaction (except as provided in federal regulations) – the consumer must   provide specific written consent and the medical information must be relevant.  Any user who receives   medical information shall not disclose the information to any other person (except where necessary to   carry out the purpose for which the information was disclosed, or as permitted by statue, regulation, or   order).   VII. OBLIGATIONS OF USERS OF “PRESCREENED” LISTS   The FCRA permits creditors and insurers to obtain limited consumer report information for use in   connection with unsolicited offers of credit or insurance under certain circumstances. Sections 603(l),   604(c), 604(e), and 615(d).  This practice is known as “prescreening” and typically involves obtaining from   a CRA a list of consumers who meet certain pre-established criteria. If any person intends to use   prescreened lists, that person must (1) before the offer is made, establish the criteria that will be relied   upon to make the offer and to grant credit or insurance, and (2) maintain such criteria on file for a three-   year period beginning on the date on which the offer is made to each consumer. In addition, any user   must provide with each written solicitation a clear and conspicuous statement that:    Information contained in a consumer's CRA file was used in connection with the transaction.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 49       The consumer received the offer because he or she satisfied the criteria for credit worthiness or   insurability used to screen for the offer.    Credit or insurance may not be extended if, after the consumer responds, it is determined that the   consumer does not meet the criteria used for screening or any applicable criteria bearing on   creditworthiness or insurability, or the consumer does not furnish required collateral.    The consumer may prohibit the use of information in his or her file in connection with future prescreen   offers of credit or insurance by contacting the notification system established by the CRA that   provided the report.  This statement must include the address and toll-free telephone number of the   appropriate notification system.    In addition, the CFPB has established the format, type, size and manner of the disclosure required by   Section 615(d) with which user must comply.  The relevant regulation is 12 CFR 1022.54.    VIII.  OBLIGATIONS OF RESELLERS    A.   Disclosure and Certification Requirements   Section 607(e) of the FCRA requires any person who obtains a consumer report for resale to take the   following steps:    Disclose the identity of the end-user to the source CRA.    Identify to the source CRA each permissible purpose for which the report will be furnished to the end-   user.     Establish and follow reasonable procedures to ensure that reports are resold only for permissible   purposes, including procedures to obtain:     the identity of all end-users;     certifications from all users of each purpose for which reports will be used; and     certifications that reports will not be used for any purpose other than the purpose(s) specified   to the reseller.  Resellers must make reasonable efforts to verify this information before   selling the report.   B. Reinvestigation by Resellers    Under Section 611(f), if a consumer disputes the accuracy or completeness of information in a   report prepared by a reseller, the reseller must determine whether this is a result of an action or omission   on its part and, if so, correct or delete the information.  If not, the reseller must send the dispute to the   source CRA for reinvestigation.  When any CRA notifies the reseller of the results of an investigation, the   reseller must immediately convey the information to the consumer.   C. Fraud Alerts and Resellers   Section 605A(f) requires resellers who receive fraud alerts or active duty alerts from another   consumer reporting agency to include these in their reports.   IX. LIABILITY FOR VIOLATIONS OF THE FCRA   Failure to comply with the FCRA can result in state government or federal government enforcement   actions, as well as private lawsuits.  Sections 616, 617, and 621. In addition, any person who knowingly   and willfully obtains a consumer report under false pretenses may face criminal prosecution.  Section 619   The CFPB’s website, www.consumerfinance.gov/learnmore, has more information about the FCRA,   including publications for businesses and the full text of the FCRA.   Citations for FCRA sections in the U.S. Code, 15 U.S.C. § 1681 et seq.:      Section 602    15 U.S.C. 1681   Section 603    15 U.S.C. 1681a   Section 604    15 U.S.C. 1681b   Section 605    15 U.S.C. 1681c   Section 615    15 U.S.C. 1681m   Section 616    15 U.S.C. 1681n   Section 617    15 U.S.C. 1681o   Section 618    15 U.S.C. 1681p     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 50      Section 605A   15 U.S.C. 1681cA   Section 605B   15 U.S.C. 1681cB   Section 606    15 U.S.C. 1681d   Section 607    15 U.S.C. 1681e   Section 608    15 U.S.C. 1681f   Section 609    15 U.S.C. 1681g   Section 610    15 U.S.C. 1681h   Section 611    15 U.S.C. 1681i   Section 612    15 U.S.C. 1681j   Section 613    15 U.S.C. 1681k   Section 614    15 U.S.C. 1681l   Section 619    15 U.S.C. 1681q   Section 620    15 U.S.C. 1681r   Section 621    15 U.S.C. 1681s   Section 622    15 U.S.C. 1681s-1   Section 623    15 U.S.C. 1681s-2   Section 624    15 U.S.C. 1681t   Section 625    15 U.S.C. 1681u   Section 626    15 U.S.C. 1681v   Section 627    15 U.S.C. 1681w   Section 628    15 U.S.C. 1681x   Section 629    15 U.S.C. 1681y     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 51       COMMERCIAL CAPTURE XPRESS SERVICES ADDENDUM       1. Introduction. INDEPENDENT BANK CORP. of Rockland, MA (“Client”) engages FIS to provide its check   deposit imaging service, indicated in the pricing attachment (“Service(s)”) for remote deposits using its   Commercial Capture Xpress System (“System”) in accordance with this Commercial Capture Xpress Services   Addendum (“Addendum”). The Service shall permit Client’s Customers to capture images of paper checks,   substitute checks and image replacement documents (“IRDs”), together with associated data, that evidence   withdrawals from or drafts against depository accounts (“Accounts”) at U.S. financial institutions (collectively,   “Checks”). Once imaged using the Service, Checks will be deemed “Check Images”. This Addendum is a part   of the Information Technology Services Agreement described on the Order Form to which this Addendum is   attached (“Agreement”), and capitalized words not otherwise defined herein have the meaning set forth in the   Agreement. The General Terms apply to the Services provided pursuant to this Addendum.    2. Services.   2.1 FIS shall perform the Services in accordance with the service level standards set forth on the attached   Exhibit A. Client authorizes FIS to create, process and post entries on its behalf, including any adjustments or   corrections necessary to timely process Data. FIS shall promptly report any adjustments or corrections that   were made to Client. FIS may establish, modify or substitute equipment, processing priorities, programs or   procedures as reasonably necessary to accommodate processing demand for the System.   2.2 The System will, as set forth in the Specifications: (i) capture images of Checks that meet the   requirements of the Check Clearing for the 21st Century Act (“Check 21”); (ii) support FIS certified Check   scanners connected via an internet connection; (iii) process captured Check Images and enable review, keying   of magnetic ink character recognition (“MICR”) and other data by Customers; (iv) convert Check Images to an   X9.37-formatted file or approved ACH electronic format; (v) permit Customers to approve or reject Check   Images presented for deposit; (vi) provide access to archived Check Images for twenty-four (24) months or   such other period as Client and FIS have agreed; and (vii) provide Customers with access to then-standard   reports. FIS will provide FIS-certified scanners to Client at its then-current prices upon request. FIS will use   commercially reasonable efforts to brand all Customer-facing elements of the System with Client’s logo and   colors, and Client grants FIS a non-exclusive, limited license to use its service marks and trademarks in that   regard.   2.3 Client shall require each Customer to agree in writing that it: (i) will comply with Client’s obligations   under this Addendum; (ii) will comply with applicable Check 21 and ACH rules, as well as all other applicable   Laws; (iii) acknowledges that use of the Service is dependent upon broadband Internet connectivity; (iv) will be   solely responsible for resolving any internet connectivity issues; (v) will not use the System or the Service for   any purpose other than the capture of Check Images and associated data; and (vi) will implement disaster   recovery procedures that permit the deposit of Checks in the event of equipment, telecommunication, electrical,   System or other outage. Client shall not make any commitment to Customer that exceeds or conflicts with the   commitments made by FIS in this Addendum, or make any warranties or representations on FIS’s behalf.   2.4 Client shall adhere to FIS recommendations regarding procedures, Check Image scanners, other   hardware, software, minimum specifications, and telecommunications. Client shall be solely responsible for   obtaining FIS-approved communications equipment or services necessary for Client’s and Customers’ use of   the Service in accordance with the Specifications. Client’s or Customers’ failure to maintain the   communications equipment or services may result in Service failures and/or additional fees. Client shall have   sole responsibility for ensuring its Customers properly endorse, review and approve Check Images and other   data and submit the Check Images to FIS by the deadline for processing on the same day. Client shall direct   FIS to submit Check Images for collection using one of the FIS certified methods as specified in the pricing   attachment.   2.5 The Service does not detect fraudulent Checks nor does FIS indemnify Client against any claims   including those filed under Check 21 or ACH rules and regulations. Client acknowledges and agrees that use of   the System will not eliminate the risk or exposure that is inherent in Client’s check processing services. Client   agrees to accept full responsibility for the payment of all Checks processed using the Service.   2.6 FIS MAKES NO REPRESENTATIONS OR WARRANTIES WITH REGARD TO ANY HARDWARE OR   COMPUTER SOFTWARE SUPPLIED BY A THIRD PARTY.   2.7 If Client purchases an “Advanced Authentication Service” (“Authentication Services”), the following   subsections apply:     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 52      2.7.1 The following terms apply to any Out-of-Band Authentication Services provided by FIS:     (i) The Out-of-Band Authentication requires that accurate End User phone numbers are available for   the Out-of-Band Authentication. Client is solely responsible for providing accurate End User phone numbers.   FIS shall have no obligation to audit, check or verify End User phone numbers.   (ii) Client shall (a) have a legitimate business purpose for any use of the Out-of-Band Authentication;   (b) obtain permission from End Users for the use of the End User phone number and other contact information   in connection with Client's use of the Out-of-Band Authentication; and (c) be responsible for providing all   appropriate privacy or other notices to End Users including, without limitation, notices that the Out-of-Band   Authentication may cause End Users to incur phone or sms related charges.   2.7.2 In connection with the provision of Authentication Services, FIS may provide to Client, software,   technology, and/or services that FIS procures from a third party (“Third Party Contribution”).  FIS agrees to   pass on to Client, to the extent permitted, any right of Client to be defended and/or indemnified by such third   party against any claim, action, proceeding, damages, or liability based on or resulting from any Third Party   Contribution, upon Client's express written request, provided, however, that, notwithstanding anything herein,   FIS does not assume or accept any liability or responsibility, and shall not be liable or obligated, for any   obligation, liability or claim arising from or related to, in whole or in part or in any combination with any software,   technology, and/or services, any Third Party Contribution or any use or application thereof, including, without   limitation, under  indemnification and defense provisions of the Agreement.   3. Timeframes and Hours of Operation. FIS will provide Customers with access to the System, and   telephone support to Client, between the hours of 8:00 a.m. through 10:00 p.m. ET, provided however, that FIS   reserves the right to suspend availability of the Service for brief periods of time for purposes of maintenance.   FIS will use reasonable efforts to notify Client in advance of any scheduled maintenance and will use   reasonable efforts to (i) limit the number of hours of scheduled maintenance each month and (ii) schedule   maintenance during off-peak usage. Notwithstanding the foregoing, FIS is not responsible for the inability of   Client or Customers to access the Service due to difficulties or problems beyond the reasonable control of FIS.   FIS will provide telephone support to Customers for an additional fee as set forth in the pricing attachment.   4. Training. FIS shall provide two (2) business days of remote installation training to Client. Additional remote   or on-site training will be provided at FIS’s then-current rates, if requested by Client. Training for Client’s   Customers is available at FIS’s then-current rates. Client shall be solely responsible for implementing, training   and supporting Customers.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 53       EXHIBIT A   1. SERVICE LEVEL STANDARDS. The service level standards (“Service Level Standards”) contained herein   describe the criteria for monitoring the performance and availability of FIS’s Commercial Capture Xpress (CCX)   system. For purposes of this Exhibit, all references to “Support Services” shall be deemed to be part of the   Services referenced in this Exhibit. All references herein to CCX and its related software and hardware are   collectively referred to as the “System”. For purposes hereof, a failure to meet a Service Level Standard shall   be deemed to be an “Occurrence”. Measurement of Service Level Standards will begin on the first day of the   calendar month immediately following the expiration of thirty (30) days after the date the System is first used by   an End User of Client to deposit “live” checks. Client will report incidents of non-compliance to FIS and FIS will   keep accurate records relating to such compliance. When reasonably possible, Client will report incidents   suspected to be Occurrences to FIS within seventy-two (72) hours of the incident.   1.1 Overview of Incident Priorities. The severity of a System problem or outage shall be prioritized as   follows:       Priority Description/Category of Problem   1  A.   A critical problem that adversely impacts the functionality of the System and inhibits   productive use of the System by Client or by a majority of End Users of Client. This includes   an outage of any CCX software module as each such module is considered a subset of the   System. For example, if the Approval Module cannot be used by all or a majority of Client’s   End Users.    B.   System-wide outages due to FIS’s server issues.    C.   System-wide connectivity issues within FIS’s control.    D.   Inability of Client or a majority of End Users to do any of the following: a) create a batch;   b) scan checks; or c) approve a batch.    E.   Systemic scanner issues (which impact most or all End Users’ ability to scan and/or view   images), excluding scanner hardware failures.   2  A.   A significant problem that impacts the functionality of the System, but does not inhibit   productive use of the System.    B.   Non-systemic scanner issues, excluding scanner hardware failures.    C.   End User-specific connectivity issues within FIS’s control.   3 An inconvenient problem that does not impact the functionality or productive use of the System.   1.2 Response. FIS will respond and use commercially reasonable efforts to resolve problems in   accordance with their priority as established above, pursuant to the target table set below:       PRIORITY CORRECTION START TIME   WITHIN:   CORRECTION PROGRESS    (FREQUENCY OF STATUS   REPORTS)   TARGET COMPLETION   TIME   1 1 hour Every 2 to 4 hours 8 hours   2 24 hours Every 8 to 12 hours 3 business days   3 3 business days Weekly 21 business days       1.2.1 “Correction Start Time” shall mean the time from initial contact to when a support or technical   resource begins to investigate the incident or problem.   1.2.2 “Correction Progress” shall mean update or status reports provided to Client between 8 AM and   5 PM Central Time with the status of the problem and corrective action being undertaken. Correction Progress   reports can be verbal or written, the timing of which will be based on the priority and frequency set forth above.   1.2.3 “Target Completion Time” shall mean the targeted time when System problems may be corrected   by a permanent fix or a workaround. If a workaround, there may still be additional action steps to follow for a     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 54      permanent fix. Correction completion time will be deemed to have occurred if a workaround has been provided   by FIS, so long as FIS continues to work on a permanent fix.   1.2.4 Complete Information and Misuse. The above performance criteria, particularly those relating to   Priority 1 problems, are subject to the complete and timely receipt of information from, and cooperation of   Client, and/or its End User(s), as applicable, in resolving the problem. FIS shall not be held responsible for   meeting the above criteria if a problem was directly caused by the error or misuse by Client or End Users of   Client, or was later determined by the parties to be a problem caused by third party hardware or software   outside the control of FIS.   2. SYSTEM AVAILABILITY   2.1 Overview of System Availability.   2.1.1 FIS shall maintain the System in a continual state of readiness, thereby providing Client and End   Users access to, and use of, all System functionality twenty-four (24) hours daily, excluding holidays   recognized by the Federal Reserve Bank and holidays published by Client (“Primary Hours of Operation”).   FIS’s performance with respect to the availability of the System (“System Availability”) shall be monitored in   accordance with the criteria below. For purposes of this Exhibit, particularly with regard to performance criteria,   System Availability excludes Scheduled Maintenance or Uncontrolled Downtime, as each is defined below.   2.1.2 “Scheduled Maintenance” shall mean fixes, updates, upgrades, and other modifications to the   CCX System to keep it operating in conformity with its specifications and documentation and to enhance its   operation, as applicable. Scheduled maintenance shall not be performed during Primary Hours of Operation.   2.1.3 Client acknowledges that from time to time the System may be inaccessible or inoperable during   the Primary Hours of Operation for the following reasons: (a) insufficient or inadequate bandwidth or insufficient   hardware/software technology of Client due to the failure of Client to implement bandwidth or   hardware/software recommendations by FIS in a timely manner; (b) problems with hardware/software of Client   that is not under the use or control of FIS or its subcontractors; (c) insufficient or inadequate bandwidth or   hardware/software of End Users; (d) general Internet brown-outs, black-outs and slowdowns; (e) any “hacking”   or “denial or service” activity by a third party not due to negligence of FIS with regard to security; (f) any force   majeure event; and/or (g) any problems due to a third party that is not under contract with FIS, or under FIS’s   direct or indirect control (individually or collectively, “Uncontrolled Downtime”).   2.1.4 FIS retains the right to install patches on an “as-needed” basis with regard to emergencies and/or   the shared components of the System’s environment.   2.1.5 NOTWITHSTANDING THE FOREGOING, IF INSTALLATION OF PATCHES BY FIS,   WHETHER FOR EMERGENCIES OR NOT, OTHER THAN DUE TO THE FAULT OF CLIENT OR FORCE   MAJEURE EVENTS, RESULTS IN AN UNAVAILABILITY OF THE SYSTEM DURING PRIMARY HOURS OF   OPERATION, THE MONTHLY SYSTEM AVAILABILITY MEASUREMENT WILL BE CORRESPONDINGLY   REDUCED AND FIS WILL REMAIN LIABLE ONLY FOR PAYMENT OF THE CREDITS REFERENCED   BELOW IN ACCORDANCE WITH THE APPLICABLE SYSTEM AVAILABILITY PERCENTAGE.   2.1.6 FIS shall give notice to Client prior to taking the demonstration/test system offline or otherwise   making it temporarily unavailable.   2.2 System Availability Targets and Credits for Non-Performance.   2.2.1 Performance criteria are based upon availability of the System during Primary Hours of   Operation. FIS agrees to meet the target rates and provide a credit for failure to meet applicable System   Availability criteria as set forth below:   Target Rate   Monthly System Availability rate ≥ 98%: no credit.   Below Target Rate and Credits   Monthly System Availability rate ≥ 96% and < 98%: credit of *****% of that calendar month’s   CCX fees.   Monthly System Availability rate ≥ 94% and < 96%: credit of *****% of that calendar month’s   CCX fees.   Monthly System Availability rate ≥ 92% and < 94%: credit of *****% of that calendar month’s   CCX fees.   Monthly System Availability rate ≤ 92%: credit of *****% of that calendar month’s CCX fees.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 55      2.2.2 All credits shall be calculated based on the recurring monthly CCX fees exclusive of hardware   and any one-time fees. In the event that there are three (3) or more months during any rolling twelve (12)   month period in which the monthly System Availability falls below ninety-four percent (94%), in addition to the   aforesaid performance credit, as applicable, Client shall have the right to terminate the CCX Addendum.   2.3 System Availability Report. The System Availability Report will be used to determine if the System   Availability Service Level Standard has been achieved. Upon Client’s request, FIS agrees to deliver such report   after critical incidents/outages or Occurrences no later than the twenty-fifth (25th) calendar day of each month   for the prior month’s activity.   2.4 Termination Rights and Credit Limitations. The termination rights and performance credits set forth in   this Section 2 of this Exhibit shall be subject to the aggregate limitations set forth in Section 4 hereof.   3. FILE PROCESSING   3.1 Overview of File Processing. FIS agrees to meet the “File Processing Rate(s)” as specified below for   making outgoing files available to Client. The File Processing Rate represents the percentage of files each   calendar month that are made available for that evening’s or, in the case of weekends or holidays, the next   applicable core processing update or in accordance with any other deadlines to be mutually established by the   parties during implementation. These rates will be measured for files processed during Primary Hours of   Operation. FIS shall pay the corresponding credits below for its failure to meet such File Processing Rates.   3.2 File Processing Targets and Credits for Non-Performance.   3.2.1 Performance criteria are based upon file processing rate during Primary Hours of Operation. FIS   agrees to meet the target rates and provide a credit for failure to meet such targets as set forth below:   Target Rate   Monthly File Processing Rate ≥ 98%: no credit.   Below Target Rate and Credits   Monthly File Processing Rate ≥ 96% and < 98%: credit of *****% of that calendar month’s   CCX fees.   Monthly File Processing Rate ≥ 94% and < 96%: credit of *****% of that calendar month’s   CCX fees.   Monthly File Processing Rate ≥ 92% and < 94%: credit of *****% of that calendar month’s   CCX fees.   Monthly File Processing Rate < 92%: credit of *****% of that calendar month’s CCX fees.   3.2.2 In the event that there are three (3) or more months during any rolling twelve (12) month period   in which the monthly File Processing Rate falls below ninety-four percent (94%), then in addition to the   aforesaid performance credits, Client shall have the right to terminate the CCX Addendum upon written notice   to FIS.   3.3 Termination Rights and Credit Limitations. All credits shall be calculated based on the recurring   monthly CCX fees exclusive of hardware and any one-time fees. The termination rights and performance   credits set forth in this Section 3 of this Exhibit shall be subject to the aggregate limitations set forth in Section 4   hereof.   4. LIMITATION ON TERMINATION RIGHTS AND PERFORMANCE CREDITS   4.1 The parties hereby acknowledge and agree that with respect to termination rights under this Exhibit   that Client shall be obligated to give FIS written notice of termination no later than thirty (30) days after the   occurrence of the event upon which such termination is based. Any credit provided to Client hereunder shall be   Client’s sole and exclusive remedy, except for Client’s right to terminate contained in Section 2.2.2 herein,   which right to terminate is in lieu of Client’s right to terminate pursuant to Section 16.1 of the General Terms   and Conditions.   4.2 The parties hereby acknowledge and agree that with regard to credits as specified in this Exhibit, the   total amount of penalties that may be assessed for each calendar month during the term of the Addendum shall   not exceed the sum of ********* dollars ($*********). Furthermore, in the event that there is a default in one   aspect of the Services that is subject to performance credits, and such default causes a default in another   aspect of the Services that is also subject to performance credits, only the credits for one default may be   assessed. Client shall be credited for the default that garners the greatest of amount of credit. In no event shall     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 56      the limitations set forth in this Section 4 in any way restrict the right of Client to terminate based upon the terms   and conditions set forth in this Exhibit, the Addendum, and the General Terms.   4.3 With regard to FIS’s performance obligations, Client acknowledges and agrees that a force majeure   event shall be deemed an exception for a performance default. FIS acknowledges that force majeure events   shall not include acts or conditions caused by third parties under contract with FIS or acts or omissions by third   parties under FIS’s direct or indirect control (as such acts or omissions shall be deemed to be under the control   of FIS), unless such act or omission by the third party is caused by a force majeure event.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 57      eDELIVERY SERVICES ADDENDUM      1. Introduction. Client engages FIS to provide its document (“Document”) and/or check image (“Item”)   archive and electronic delivery service described herein  (“Service(s)”), in accordance with this eDelivery   Services Addendum (“Addendum”).   2. Service.   2.1 The Service shall include the selected components identified in the pricing attachment to the Prior   Contract.    2.2 FIS shall follow procedures and time schedules shown as service level agreements contained in the   Specifications and/or Items and render them into electronic images. Item images will be in one of the following   formats: GIF, JPEG, PNG, or Acrobat. Other Document images will be rendered as PDF or HTML format. A   page shall consist of the data or image resident on one side of the Document page.   2.3 Except to the extent FIS is responsible for statement preparation, Client shall have sole responsibility   for verifying the accuracy, completeness, quality and authenticity of all data and images submitted for archiving,   and shall submit them in accordance with the Specifications. FIS shall not be responsible for poor quality   images that it did not produce. FIS shall use reasonable efforts to notify Client of any defects of which it   becomes aware prior to archiving. Images supplied by Client for archival must be within 200 dpi to allow for   improved read rates on barcodes and when using OCR to convert raster to ASCII. Additional charges apply if   grey-scale or color is required due to source document quality or Client preference.   2.4 Except to the extent FIS is responsible for data vaulting and data reconstruction, Client shall maintain   a copy of all data submitted for archiving to FIS to permit reconstruction if ever required. Client assumes all risk   and expense associated with data reconstruction, except to the extent attributable to FIS’ material breach. If   reconstruction is ever required, the parties must mutually agree on a schedule for that reconstruction.   2.5 Documents will be stored on mirrored hard disks (RAID 5) (or other current technology) for the archive   period set forth in the pricing attachment to the Prior Contract.  Documents will not be “aged” off to optical or   tape silos. However, tape (or other current technology) back-ups will be made and stored at FIS.    2.6 Data load events may occur over a public Internet connection utilizing a HTTPS or Secure FTP   connection. Data retrieval events may occur over a public Internet connection utilizing a HTTPS connection.   FIS may establish, modify or substitute equipment, processing priorities, programs or procedures as   reasonably necessary to accommodate processing demand.   2.7 Archived Documents will be available electronically to Client for the time period set forth in the   Specifications.   2.8 Documents will be available electronically to Customers, provided Client has elected the Document   eDelivery Service component. Item images will be available electronically to Customers receiving eDelivery   Service if Client has entered into and maintains an agreement with FIS for Item imaging. Access to archived   Items will be granted to Customers through a web interface. Client shall have sole responsibility for granting   access to its Customers through the web interface, including establishing and maintaining personal   identification numbers or other access information assigned to Customers. The most current version of Adobe   Reader must be procured and maintained in order to view archived Documents and Items.   3. Intentionally Omitted (SLA added).   4. Training. FIS will provide Client with its initial standard training in the use and operation of the Service at a   FIS training location or by web-based training. Additional training may be provided at FIS’ then-current rates, if   requested by Client. Client will have at least two (2) employees complete such training and be certified by FIS   in the Service prior to the Commencement Date. Client shall be solely responsible for training its employees   and representatives to use the Service and comply with applicable Laws, as well as the procedures set forth in   the Specifications or any manual or other literature provided to Client by FIS. Client shall provide refresher and   upgrade training to its employees as FIS may, at reasonable intervals require at FIS’ then-current rates so that   Client always has at least two (2) employees that are certified by FIS in the Service. Client may be subject to   additional fees for Client service and support until such time as the requisite number of Client employees   successfully complete training and are certified by FIS in the Service.   5. Service Substitution. . FIS may substitute another brand or third-party provider of the Service, provided   that the vendor has submitted to Client all of the information reasonably required by Client in order to conduct     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 58      due diligence on the vendor, including without limitation, vendor internal processes, financial background, and   information security analysis, and Client has approved the vendor, which approval shall be within Client’s sole   discretion. Under no circumstances shall any of Client’s NPI be stored outside the United States. FIS’s   selection of a third party provider shall not relieve FIS of its duties and obligations hereunder unless agreed   upon in advance by Client.   6. Termination. In addition to the termination rights set forth in the General Terms, FIS may terminate this   Addendum if Client fails to cure any material violation of applicable Law within thirty (30) days of FIS requesting   it to do so.    7. Fees. Client shall pay FIS the current, adjusted fees established in the pricing attachment.   All fees shall   be settled or paid in accordance with the General Terms. Client shall pay FIS its then current fees for providing   any archived items.         [The remainder of this page is left intentionally blank]     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 59       eDELIVERY SERVICE LEVELS      1. Applicability. This Section provides the service levels for the FIS eDelivery Service.    2. Scheduled Maintenance. FIS or its service provider(s) (all references to FIS in this Agreement will   include, where applicable, its service provider(s)) will use reasonable efforts to notify Client at least seventy-two   (72) hours in advance whenever it is anticipated that scheduled maintenance will have a material impact on the   service provided, except where FIS deems it to be an emergency. FIS will use reasonable efforts to (a) limit the   number of hours of scheduled maintenance each month and (b) schedule maintenance within a non-peak   usage timeline. However, FIS reserves the right to schedule maintenance as necessary.   3. System Availability.   3.1 “System Availability” means, with respect to each Client, the ratio of hours that the applicable service(s)   are available (excluding scheduled maintenance) in any rolling three (3) calendar month period to the total   number of hours in that three (3) month period. Problems or outages associated with systems or providers   outside of FIS’s control – (e.g. content providers, Internet service providers, the Internet network backbone,   FIS’s frame relay telecommunications network through its contracted carriers, or Client data center or other   Client facilities) will not be included in the calculation of System Availability.   3.2 If FIS fails to meet the System Availability standards set forth in Section 3.3 below during any given   rolling three (3) calendar month period, then FIS will, upon notification by Client and verification by FIS, apply   the percentage credits set forth in Section 3.3 below, based only on the fees for the affected service accrued   and paid by Client during the three (3) month period. In no event will Client be entitled to offset or withhold fees   owing to FIS.    3.3 System Availability Standards during rolling three (3) month period:   (a) System Availability ≥ 99.5%:  no credit.   (b) System Availability ≥ 98.0% and < 99.4%:  credit of *****% of the amount of fees for the affected   Service on Client’s next month’s invoice.   (c) System Availability ≥ 97.0% and < 97.9%:  credit of *****% of the amount of fees for the affected   Service on Client’s next month’s invoice.   (d) System Availability ≥ 96.0% and < 96.9%:  credit of *****% of the amount of fees for the affected   Service on Client’s next month’s invoice.   (e) System Availability ≥ 95.0% and < 95.9%:  credit of *****% of the amount of fees for the affected   Service on Client’s next month’s invoice.   (f) System Availability < 94.9%: credit of *****% of the amount of fees for the affected Service on   Client’s next month’s invoice.   In the event Client has received a credit pursuant to Section 3.3 above, the System Availability statistic will be   reset and the rolling three (3) calendar month period will begin anew with the following month without regard to   the prior months’ system unavailability statistics.   3.4 In the event that there are three (3) or more months during any rolling twelve (12) month period in   which the monthly System Availability falls below ninety-four percent (94%), in addition to the aforesaid   performance credit, as applicable, Client shall have the right to terminate the eDelivery Services Addendum.      [The remainder of this page is left intentionally blank}         

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 60      EGRC SOLUTION SERVICES ADDENDUM      1. Introduction. ROCKLAND TRUST COMPANY of Rockland, MA (“Client”) engages FIS to provide the   products and/or services (collectively, the (“Services”) specified in the pricing attachment and/or SOW   accompanying this Addendum. This Addendum is a part of the Information Technology Services Agreement   described on the Order Form to which this Addendum is attached (“Agreement”). Capitalized words not   otherwise defined herein have the meaning set forth in the Agreement. The General Terms apply to the   Services and/or Deliverables provided pursuant to this Addendum. For purposes of this Addendum,   “Deliverable” is defined to mean any work product or other item (whether tangible or intangible) created by FIS   or provided by FIS to Client pursuant to the Services as more particularly described in the SOW or pricing   attachment.   2. Term. This Addendum shall remain in effect for so long as any SOW or pricing attachment remains in   effect. Unless otherwise specified by the parties in writing, each SOW or pricing attachment shall terminate   upon the sooner of: (i) completion of the applicable Deliverable; or (ii) the expiration of pre-established term set   forth in the SOW or pricing attachment     3. Services; Deliverables.   3.1 Client acknowledges and agrees that the scope of the Services and Deliverables provided by FIS   under this Addendum shall be solely as set forth in the SOW or pricing attachment.   3.2 The maximum number of authorized users of the Services shall be as indicated in the applicable SOW   or pricing attachment. Client shall not permit any third party to access or use the Services without FIS’s prior   written consent.   3.3 Client shall not: (i) copy, translate, port, modify or make derivative works of the Services or   Deliverables; (ii) derive or attempt to derive any source code, source files, or structure of all or any part of the   Services or any accompanying software by reverse engineering, disassembly, decompilation, or any other   means; or (iii) cache any FIS hypertext links to its web site(s).   3.4 Client acknowledges and agrees that it shall have no right to receive, review or otherwise use or   access any source or object code applicable to any software that accompanies the Services.   3.5 Client agrees that FIS may use all suggestions for improvement and comments regarding the Services   and Deliverables that are furnished by Client to FIS in connection with this Agreement, without accounting or   reservation.   3.6 All Deliverables shall be owned solely and exclusively by FIS regardless of who participated in their   creation or the medium of expression. Subject to Client’s payment of all applicable fees, FIS grants Client a   limited, non-exclusive, non-transferable, right and license to use the Deliverables solely for Client’s own use   and benefit in accordance with the terms of this Agreement and the applicable SOW or pricing attachment.   Client agrees to use the Deliverables only for its own internal business purposes and will not sell or otherwise   provide or make available, directly or indirectly, any of the Deliverables, or any portion thereof, to any third   party. Client shall keep all Deliverables free and clear of any claim, lien or encumbrance, and any act by Client   purporting to create such a claim, lien or encumbrance shall be void from its inception. Any intellectual property   rights that existed prior to the Effective Date shall belong solely to the party owing them at that time. Neither   party shall be entitled to any copyright, trade secret or patent owned by the other party.   4. Additional Service Terms. Client may purchase one or more of the Services described in this Section at   any time. In the event that the Client elects to purchase any of the Services described in this Section, the   corresponding terms shall also apply to the Service.   4.1 If Client purchases the “Online Training Services”, FIS will make the Services available to Client via   internet access to Regulatory UniversityTM (“www.regulatoryu.com”) as set forth in the pricing attachment.   4.2 If Client purchases the “Automated Risk Assessment Services”, FIS will make the Services available to   Client via internet access to Compliance Risk IndicatorTM (“www.complianceriskindicator.com”) as set forth in   the pricing attachment.   4.3 If Client purchases the “Early Risk Manager Services”, FIS will make the Services available to Client   via internet access to Early Risk ManagerTM (“www.earlyriskmanager.com”) as set forth in the pricing   attachment.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 61      4.4 If Client purchases the “Consulting Services” or the “Advisory Services” FIS will provide the consulting   and/or advisory services as set forth in the SOW or pricing attachment. The SOW or pricing attachment shall   set forth the specific Services to be performed, the requirements for any Deliverables, any additional   obligations of the parties, any acceptance criteria, the timetable for performance, the location where the   Services will be performed, and the corresponding fees to be charged.   5. Disclaimer. FIS DOES NOT RENDER LEGAL ADVICE. CLIENT ACKNOWLEDGES AND AGREES   THAT THE SERVICES AND DELIVERABLES SHOULD NOT BE USED AS A SUBSTITUTE FOR THE   ADVICE OF COMPETENT COUNSEL. CLIENT’S USE OF THE SERVICES AND DELIVERABLES IS   CONDITIONED UPON THE UNDERSTANDING THAT THE SERVICES AND DELIVERABLES ARE NOT   OFFERED AS LEGAL ADVICE ON ANY MATTER. CLIENT IS SOLELY RESPONSIBLE FOR COMPLYING   WITH THE LAWS, RULES AND REGULATIONS PERTAINING TO CLIENT.   6. Termination; Suspension. FIS may suspend or terminate (as deemed appropriate by FIS) Client’s use of   the Services at any time, without prior notice, in order to: (i) prevent damages to, or degradation of FIS’s   internet network integrity; (ii) comply with any Law which requires immediate action; or (iii) otherwise protect   FIS from suffering any Losses. To the extent allowed by Law, FIS shall use commercially reasonable efforts to   notify Client of the reasons(s) for such suspension or termination as soon as reasonably practicable. In the   event of a suspension, FIS shall promptly restore use of the Services to Client as soon as the event giving rise   to the suspension has been resolved to FIS’s reasonable satisfaction. Nothing contained in the Agreement   shall be construed to limit FIS’s available actions or remedies with respect to the suspension or termination of   the Services. FIS reserves the right to take any and all additional actions it may deem appropriate with respect   to Client’s use of the Services, including, without limitation, taking action to recover the costs and expenses of   identifying individuals who misuse the Services and excluding them from future use, and levying cancellation   charges to cover FIS’s expenses in the event of disconnection of dedicated access for any of the reasons   outlined above.   7. Fees. Client shall pay FIS the fees set forth in the SOW or pricing attachment. All fees shall be settled or   paid in accordance with the General Terms.   8. Non-Solicitation. Client covenants that, during the Initial Term and or any Renewal Term and for a period   of one (1) year thereafter, it will not, either directly or indirectly, solicit, recruit, or hire, or attempt to solicit,   recruit, or hire for employment, or for an independent-contractor relationship or otherwise, any current FIS   employee that was at any time engaged in the provision of the Services or the Deliverables, however, this   provision shall not apply to an employee responding to any general advertisement to the public made by Client.      

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 62       ELECTRONIC FUNDS TRANSFER SERVICES ADDENDUM NORCROSS      1. Introduction. INDEPENDENT BANK CORP. Rockland, MA (“Client”) engages FIS to provide the   authorization, processing and settlement services and gateway and network services indicated in the pricing   attachment (“Service(s)”) for debit card transactions (“Transactions”) that are initiated by customers of other   financial institutions at Client’s automated teller machine terminals (“ATM”), Client’s customers (“Cardholders”   or “Customers”) at Client’s ATMs (“On-Us ATM Transaction”) or another entity’s ATMs (“Foreign ATM   Transaction”), Cardholders at a merchant point-of-sale (“POS”) (such ATM and POS transactions are   collectively referred to as “Transactions”). The Services include, but are not limited to, routing and processing   Transactions through FIS’s system (“System”) for clearing and settlement through electronic funds transfer   network(s) (“EFT Network(s)”) owned by third parties such as VISA, MasterCard and Discover   (“Association(s)”). The particular Cardholder accounts (“Accounts”) for which Transactions are to be processed   in accordance with this Electronic Funds Transfer Services Addendum (“Addendum”) shall be identified by   Client during the implementation process, and subsequently updated by Client from time to time during the   term. “Card”, as used in this Addendum, means a plastic card or other access device issued by a financial   institution for use at an ATM and/or a POS. This Addendum is a part of the Information Technology Services   Agreement described on the Order Form to which this Addendum is attached (“Agreement”), and capitalized   words not otherwise defined herein have the meaning set forth in the Agreement. The General Terms apply to   the Services provided pursuant to this Addendum.    2. Services.   2.1 FIS agrees to provide the Services to Client in accordance with the terms of this Addendum and the   Specifications. FIS will receive requests for authorization (approval or decline) of Transactions from the EFT   Networks. FIS shall approve or decline Transactions in response to such authorization requests upon Client’s   instructions provided pursuant to one of the following methods: (i) a positive balance file provided by Client   from which FIS will maintain a record of certain balance information and authorization limits for each Card,   which is updated on a frequency defined by Client (usually daily) through a file transmission; (ii) a host to host   authorization interface between the System and Client’s system, which provides for the routing of Foreign ATM   Transaction requests at Client’s ATMs to the appropriate EFT Network for disposition as well as the routing of   Foreign ATM Transactions to Client’s system for authorization; or (iii) a parameter file provided by Client which   FIS will maintain and FIS will authorize Transactions based on limits defined by Client for a specified period of   time. Regardless of the option chosen by Client, (i), (ii) or (iii), FIS will provide Client with a daily data file of   Transactions that have been authorized (approved) in ACH format and the appropriate settlement reports.   2.2 Except  as otherwise  agreed  to  in  this Addendum or  in  the  Technical  Support  Levels  attached    hereto, FIS shall follow procedures and time schedules it deems appropriate to timely perform the Service. FIS   may establish, modify or substitute equipment, processing priorities, programs or procedures as reasonably   necessary to accommodate processing demand for the System.   2.3 Client will provide FIS upon request any and all Data, instructions and materials (“Client Materials”)   from time to time during the term of this Addendum as is required for FIS to perform the Service. Client will be   solely responsible for creating, managing, reviewing and otherwise controlling Client Materials and, apart from   the express obligations of FIS set out in this Addendum or the General Terms, shall be responsible for   complying with any and all applicable laws, regulations and rules applicable to the use, and the method and   manner of disclosure, thereof. Client agrees that FIS may store, disclose, and use the Client Materials provided   to FIS by Client under this Addendum to the extent and only in such manner that such storage, disclosure, and   use shall be for purposes of performing the obligations of FIS under this Addendum or for purposes permitted   under federal, state, or local statutes, regulations, and requirements applicable to FIS.   2.4 FIS will prepare and electronically transmit documents, reports, statements and other output described   in the Specifications (collectively, “Output”). Client may request an alternative delivery method and if mutually   agreed by the parties in writing, FIS will deliver Output by the agreed upon delivery method and Client shall pay   any associated fees. Client must: (i) review, verify and audit all Output; and (ii) balance all reports to verify   accuracy. Client must reject incorrect Output: (a) within two (2) business days of receiving daily Output; (b)   within five (5) business days of receiving annual, quarterly or monthly Output; and (c) within three (3) business   days after receiving all other Output. FIS will correct any Output errors caused by FIS identified within these   time frames at no charge. FIS will attempt to correct all other Output errors at Client’s expense. Client's sole   remedy for an Output error is correction as described in this Subsection.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 63      2.5 Client shall: (i) implement any patches, upgrades, enhancements or other safeguards necessary to   protect the security and accuracy of Data and other input Client provides to FIS in connection with the Service;   (ii) comply with all operating instructions provided by FIS from time to time, including those set forth in the   Specifications, pertaining to the Service; (iii) provide any and all custom forms that it requires at its sole   expense, subject to FIS’s reasonable approval of design and format; (iv) cooperate with FIS in the performance   of the Service; (v) provide FIS with information, management decisions, regulatory interpretations and policy   guidelines from time to time as are reasonably necessary for FIS to perform the Service; (vi) be responsible for   all communication with and for the content of any instructions or other information given to its Customers,   merchants and/or agents by Client and for the actions of such agents; (vii) notify FIS of any out-of-balance   condition that Client believes to be, or reasonably should have believed to have been, caused by a failure of   the Services, by midnight of the third (3rd) business day immediately following the day of Client’s receipt of the   related information (any failure of Client to notify FIS of any out-of-balance condition within such time period   waives Client’s right to an available adjustment). In the event of transactions exceeding the limit applicable to a   Cardholder’s Card, caused by a party other than FIS, Client shall be liable for any Transaction responsible for   such overdraft or negative balance.   2.6 Client shall maintain account(s) with such financial institutions as may be required for Association   sponsorship and will maintain such balances as may be required for the settlement of transaction activity,   authorized adjustments, and any other financial obligations related to or arising out of the Service. Client may   choose to fund its settlements in one of the following ways, or such other way as may be mutually agreed to by   the parties: (i) Client may elect to have FIS perform Net Settlement (as defined below) on its behalf using FIS’s   own funds, and FIS will reimburse itself the following day from the Settlement Account; or (ii) Client shall   maintain an amount sufficient to enable FIS to settle transactions, charges, and reimbursements related to or   arising out of the Transactions processed hereunder, as determined by FIS, at its sole discretion, in the   Settlement Account. “Net Settlement” means the total amount of Transactions processed less credits and   incoming interchange. If Client elects to fund settlement pursuant to Subsection (i), FIS will assess a monthly   charge to Client to reimburse FIS for its variable cost of funds. The amount of such monthly charge may be   reset by FIS, at its sole discretion, on the first day of each month. If Client elects to fund settlement pursuant to   Subsection (ii), Client guarantees the availability at all times of sufficient funds in the Settlement Account and   agrees that FIS shall at all times have access to such funds to conduct settlement hereunder. Client shall be   responsible for any overdraft fees should the Settlement Account be overdrawn. FIS, through the Automated   Clearing House (“ACH”), or through wire transfer, at the expense of Client, shall have the right to transfer debit   and credit funds from the Settlement Account for the purposes set forth in this Addendum.   2.7 Client shall be responsible, at its sole expense, for providing access for and establishing and   maintaining connectivity (dial-up, leased line or other method) for its ATMs, POS terminals or other devices that   accept debit or credit cards for payment purposes at which Transactions processed by FIS originate. Client   agrees to maintain its ATM configuration, connectivity and network in accordance with the Specifications and   such other standards required by FIS in writing from time to time. If Client does not maintain such standards,   FIS reserves the right to pass through any and all resulting charges to Client.   2.8 Client shall be responsible for timely resolving all errors or disputes and for providing any and all   notifications that are required to Customers and persons accessing or using Client’s ATMs, in each case in   accordance with applicable Law and the Operating Rules (as defined below), including, but not limited to,   complying with applicable error to dispute resolution timeframes. Client will handle monetary entries to its   Customer’s accounts and will establish and maintain a general ledger account for this purpose. FIS will serve   only in an advisory capacity on error and dispute resolution, provided, however, that if Client retains FIS to   perform error or dispute resolution services, then: (i) Client shall promptly forward dispute claims to FIS, but no   later than with fifteen (15) days of Client’s receipt, or such other timeframe as may be agreed to in writing by   the parties; (ii) FIS shall review such claims for adjustment eligibility and process all such eligible claims;   (iii) FIS shall obtain draft copies, enter adjustments, and make appropriate entries to the Settlement Account or   such other account as designated by Client; (iv) FIS shall work with Client in connection with any adjustments,   reversals or chargebacks to a Cardholder’s account; and (v) provided that FIS complies with all applicable   Operating Rules related to adjustment, reversal or chargeback processing, Client shall be solely responsible for   any and all losses, expenses and costs incurred through the disputed transaction process.   2.9 Client shall be solely responsible for (i) any Client specified reporting required by an Association or   third party service provider and any fines or fees assessed with respect to such reporting, and (ii) dues, fees,   assessments, penalties and other membership duties, obligations and costs of all EFT Networks to which   Client participates in and/or requests access to; and (iii) complying with the operating rules, bylaws and     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 64      requirements of all EFT Networks to which Client participates in and/or requests access to, as amended,   supplemented and modified from time to time (the “Operating Rules”).   2.10 Client acknowledges that FIS’s ability to provide the Services under this Addendum is contingent upon   Client obtaining financial institution sponsorship into the EFT Network(s) in which Client wishes to participate   and receive or transmit Transactions from and through. As such, FIS will only provide Services hereunder with   respect to those EFT Network(s) with whom Client has such sponsorship and for so long as Client maintains   such sponsorship. Upon request, Client and/or its agents shall provide proof of such sponsorship to FIS by   providing a copy of the executed agreement between Client and each EFT Network sponsor. Client shall   indemnify and hold FIS harmless from any and all Losses incurred as a result of Client’s failure to comply with   the applicable Law and the Operating Rules. Client authorizes FIS to comply with all Laws applicable to the   Service, including any that pertain to the regulation and examination of Client, and shall pay FIS any fees   associated with furnishing Data and/or Output to agencies or other bodies that regulate Client.   2.11 If Client purchases the “ATM Terminal Driving” Service, the following subsections apply:   2.11.1 All Transactions will be routed via the System for authorization, settlement, posting and   reconciliation of Customer accounts. FIS shall process On-US ATM Transactions and Foreign ATM   Transactions initiated at Client’s ATMs. Transactions will be processed and settled along with all interchange,   surcharge, and FIS fees and will be funded by Client each business day. All settlement reporting will be made   available to Client daily.   2.11.2 If the ATM device allows, FIS will monitor Client’s ATMs twenty-four (24) hours per day, seven   (7) days per week for device, telecommunications network and transaction availability. In the event of an   outage, FIS shall attempt to inform the appropriate party regarding the status of any device or   telecommunications network in accordance with the Client directed call list and standard network operations   protocol. Some ATM devices utilizing communications protocols such as dial-up or intermittent communication   with the System may not be capable of monitoring twenty-four (24) hours per day, seven (7) days a week, in   which case FIS will monitor Client’s ATMs during such times as the device is connected to the System or upon   receiving communications from the ATM.   2.11.3 Subject to the technical capabilities of an ATM, and based upon instructions provided by Client   to FIS, the Services provided by FIS hereunder for ATMs shall provide standard transaction options for On-Us   ATM Transactions and Foreign ATM Transactions. On-Us ATM Transactions and Foreign ATM Transactions   may include, without limitation, loan payments, fast cash, withdrawals, deposits, and transfers. Screen displays   may have multi-lingual options and present Client provided marketing messages, as the hardware allows. Any   custom graphics shall be provided by Client at Client’s expense.   2.11.4 FIS will provide reports necessary for Client to balance ATM Transactions daily and provide   other related management reports necessary to provide accurate and efficient ATM operation. Client agrees to   balance reports to its general ledger daily and to notify FIS, in writing, within three (3) business days of any out-   of-balance condition. FIS shall not be responsible for any settlement issues or deficiencies reported to FIS after   the applicable EFT Network allotted time periods for adjustment.   2.11.5 The ATM Terminal Driving Service will be available twenty-four (24) hours per day, seven (7)   days per week; provided, however, that FIS reserves the right to suspend availability of the ATM Terminal   Driving Service for the purpose of maintenance or updating. The ATM Terminal Driving Service is deemed   available when the System is able to process transactions. Any reprocessing required due to Client error shall   be performed at Client’s expense.   2.12 If Client purchases the “Card Production” Service, a separate Addendum to the Agreement is required   for this Service.   2.13 If Client purchases the “Fraud Alert Management” Service, the following subsections apply:   2.13.1 FIS shall provide the Service to Client and its Customers in either a standard or distributive   environment. In a standard environment, using a neural network engine (“Neural Network”), FIS will monitor   Client’s transactions and use commercially reasonable efforts to identify potential fraudulent activity. In a   distributive environment, FIS’s sole obligation is to grant Client a non-transferable, non-exclusive, revocable,   limited copyright sublicense providing the right to use and access the Service in object code form utilizing   workstation components at Client’s location. Client will configure the application, securely manipulate all   software parameters and settings, evaluate, manage, and take action with respect to potential fraudulent   activity in accordance with the Specifications. As of the Effective Date, the Neural Network is a proprietary     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 65      transaction account fraud detection and report system of Fair Isaac Corporation (together with its affiliated   companies, “Fair Isaac”), which FIS has obtained the right to offer to its clients pursuant to an agreement with   Fair Isaac.  Client shall only use the Service for its Customer accounts that had a balance or any monetary or   non-monetary transaction or authorization during the applicable activity month (“Active Accounts”).   2.13.2 Approximately fifteen (15) days following the Commencement Date, FIS will begin to develop   individual profiles for each Cardholder’s Card, which development will take approximately sixty (60) days   (“Profiling Period”). At commencement of the Profiling Period, FIS shall provide Client with notice of the date   that the Service will become operational (the “Activation Date”). PRIOR TO THE ACTIVATION DATE,   POTENTIAL FRAUDULENT ACTIVITY WILL NOT BE ROUTED TO FIS’s FRAUD ALERT SPECIALISTS FOR   REVIEW AND/OR ACTION.  This subsection shall not apply in the event that Client is using the Service in a   production environment as of the Effective Date.   2.13.3 When the Service detects a potentially fraudulent transaction in the standard environment, FIS   may decline the transaction, place a “hold” on the applicable card to prevent any further transactions, and/or   promptly contact by telephone either the Customer or an individual designated by Client. Client hereby   authorizes FIS to decline card transactions that appear suspicious in FIS’s sole discretion and to contact the   Customer to confirm transaction activity as deemed appropriate in FIS’s sole discretion. In the distributive   environment, the obligations set forth in this subsection are the sole responsibility of Client.   2.13.4 The Service will be available twenty-four (24) hours per day, seven (7) days per week; provided,   however, that FIS reserves the right to suspend availability of the Service for the purpose of maintenance or   updating during “off-peak” hours. Although FIS will use commercially reasonable efforts to keep these periods   of unavailability as short as reasonably possible, Client acknowledges that fraudulent transactions may occur   during these periods and FIS shall have no liability for those transactions. FIS’s call center shall operate   twenty-four (24) hours per day, seven (7) days per week, however FIS will only place outbound calls 7:00 a.m.   to 9:00 p.m. Monday through Friday, and 8:00 a.m. to 9:00 p.m. Saturday and Sunday in the Client's local time   zone.   2.13.5 Client agrees to use reasonable efforts to contact its Customers regarding potentially fraudulent   cards or fraudulent use of a card and shall provide FIS with any information obtained from a Customer   regarding such cards.   2.13.6 Client shall participate, via FIS, in Fair Isaac's Fraud Control Consortium (“Consortium”), a   cooperative arrangement among card issuers and Fair Isaac that permits Fair Isaac to collect and analyze data   on card fraud for the purpose of identifying fraud trends and fraudulent behavior. Client authorizes FIS, within   thirty (30) days of the Effective Date and monthly after the commencement of the Service, to provide to Fair   Isaac encrypted Client Data and other information requested from time to time by Fair Isaac for use by the   Consortium in connection with:  (a) Fair Isaac and its affiliates’ products and services; (b) in connection with   and as part of any Consortium data; and (c) other research, consulting and development activities of Fair Isaac   and its affiliates. Client acknowledges and agrees that contribution of Data to the Consortium is a requirement   for use of the Service. All Client Data provided by FIS to the Consortium shall be subject to commercially   reasonable confidentiality provisions, and FIS shall ensure that all Client Data provided to the Consortium is   “de-personalized” and “de-identifiable” (as defined by applicable Law) and not identifiable to any person,   individual, consumer, or entity and in compliance with applicable Laws.  Client’s participation in the Consortium   may be terminated in the event that Client is unwilling or unable to provide Client Data to Fair Isaac at all or in   an acceptable format. In such event, the Client will be required to license a custom model from Fair Isaac,   pursuant to a separate agreement.   2.13.7 Fair Isaac retains and reserves sole and exclusive worldwide right, title, and interest in and to   the Neural Network, the Fair Isaac proprietary software that enables users to configure the application, and to   securely manipulate all software parameters and settings, and in any related documentation, subject to the   license rights granted to Client herein.   2.13.8 Only Cards issued by Client and processed by FIS are eligible for the Service.   2.13.9 Client understands that the Service is intended to detect and prevent potential fraudulent card   activity. However, Client acknowledges that (i) no fraud detection tool is one hundred percent accurate, (ii) it is   likely that some fraudulent transactions will go undetected by the Service or other mechanisms and may not be   declined, and (iii) some non-fraudulent transactions may be declined because of the detection of potentially   fraudulent activity.  Client acknowledges and agrees that if the data submitted to Fair Isaac is not provided in   accordance with the Fair Isaac’s specifications, a degradation of performance of the Service may occur, such     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 66      that it may not perform in accordance with its documentation. Client will make commercially reasonable efforts   to work with FIS to correct any incomplete or inaccurate Data contributed to Fair Isaac.   2.13.10 FIS’s obligation to provide the Service shall be contingent upon Client’s compliance with the   following: (i) Client will use its commercially reasonable efforts to keep current on FIS’s database all information   regarding Customers, including, but not limited to, each Customer’s date of birth, telephone numbers, address   and Social Security number; (ii) Client shall participate in periodic confidential surveys deemed necessary by   FIS or Fair Isaac to assess the Service's performance; and (iii) Client acknowledges and agrees that the   parameters for operation of the Neural Network system in the standard environment shall be determined from   time to time by FIS and Fair Isaac, as applicable, to attempt to improve the performance of the Service, in their   sole discretion. In the distributive environment, FIS will provide ranges of parameters for general operation of   the Neural Network but Client will be solely responsible for designating its applicable parameters for operation.   Examples of such parameters include, without limitation, minimum scores required to trigger an inquiry and   prerequisites to a decision to block a card or initiate cardholder or Client contact and the then current Service   operating procedures issued by FIS.   2.13.11 “Real-Time Rules” are rules applicable to the scoring mode (as described in the operating   procedures). In the standard environment, Real-Time Rules are solely established by FIS. In the distributive   environment, Client will provide FIS with the Real-Time Rules applicable to the operation of the Service. FIS   has the right to reject any Real-Time Rule it deems potentially adverse to any Association standard or the   performance of the Service.   2.13.12 FIS disclaims all liability to Client for, and Client shall indemnify and hold FIS harmless from,   any and all Losses arising in connection with any of the following: (i) any occurrence of fraud in connection with   a Card; (ii) the application of a low risk score when a transaction was actually fraudulent; (iii) the application of   a high risk score which results in blocking use of a Card which is not involved in fraudulent activity; (iv) any   failure by FIS to decline a fraudulent transaction or to notify Client or Customer of a fraudulent transaction; (v)   any decline of a non-fraudulent transaction; (vi) a Customer’s inability to use his or her Card due to FIS placing   a restriction on a card which FIS reasonably determines to be potentially fraudulent; and (vii) Service downtime   for maintenance, enhancements, upgrades, and similar activities.   2.13.13 Except as expressly stated herein, Client warrants that neither Client nor its affiliates, nor its or   their employees, representatives, contractors, and/or agents: (i) shall in any way use the Service other than   within the scope of the licenses granted; (ii) shall in any way alter, change, modify, adapt, translate, or make   derivative works from the Service; (iii) shall, with respect to the Service reverse engineer, decompile,   disassemble, or reduce any object code to human perceivable form or permit others to do so; (iv) shall   sublicense or operate the Service for timesharing, rental, outsourcing, or service bureau operations, or to train   persons other than permitted users; (v) shall disclose or publish performance benchmark results for the Service   without FIS and Fair Isaac’s prior written consent; or (vi) shall use any third party software provided in   connection with the Service in conjunction with any product or service other than the Service.  Client further   represents and warrants that it (a) has sufficient ownership rights in the Client Data, to hold said Client Data, to   deliver or cause it to be delivered by FIS to Fair Isaac, to cause the Services to be rendered with respect to it   for the purposes set forth in this Addendum, to receive the processed Client Data from FIS, and make its   intended use of the Client Data; and (b) has obtained from individuals all consents and has provided all notices   necessary with respect to the intended disclosure and use(s) of Client Data, that are required under applicable   Laws.  Client shall indemnify and hold harmless Fair Isaac from and against any and all Losses incurred by Fair   Isaac arising from or in connection with a breach of these representations and warranties.   2.13.14 Upon termination or expiration of the right to use the Service for any reason, all licenses   granted hereunder shall terminate immediately, Client shall immediately cease using the Service, and shall   either return to FIS or destroy all copies of the Fair Isaac proprietary documentation associated with the Service   in Client’s possession.   2.13.15 Client acknowledges that the Service, the Fair Isaac proprietary software, and any related   documentation contain confidential and proprietary information belonging to Fair Isaac and its licensors (if any).    Client shall hold the Service, the Fair Isaac proprietary software, and any related documentation in strict   confidence and shall not disclose the Service, results thereof, or the Fair Isaac proprietary software, or any   related documentation except to its employees or independent contractors who have a need to know for the   above stated purpose, and who are bound by obligations of confidentiality no less restrictive than the terms of   this Agreement.  Client agrees to use the same degree of care, but no less than a reasonable degree of care,   to protect against the unauthorized disclosure of Fair Isaac’s confidential and propriety information.  Client shall   have no obligation of confidentiality with respect to confidential information which is (i) is independently     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 67      developed by Client without reference to or use of Fair Isaac’s confidential and proprietary information; (ii) is   obtained by Client without restriction on disclosure or use from another source without a breach of any   obligation of confidentiality owed by such source to Fair Isaac; or (iii) is or becomes part of the public domain   through no wrongful act of Client or any party that obtained the information from Fair Isaac. If Client is served   with any subpoena or other legal process or a court or governmental request or order requiring or purporting to   require the disclosure of any of Fair Isaac’s confidential information, Client shall, unless prohibited by law,   promptly notify FIS and/or Fair Isaac of such fact and cooperate fully with Fair Isaac in seeking a protective   order, seeking to limit, or appealing any such legal process to the extent deemed appropriate by Fair Isaac.    The obligations of confidentiality and license restrictions contained in this Agreement shall survive any   termination or expiration of this Agreement.   2.13.16 Client acknowledges and agrees that Fair Isaac shall not be responsible for any losses,   damages including but not limited to direct, indirect, special, incidental or consequential damages, or liabilities,   whether in contract, tort (including negligence), strict liability or under any other theory, incurred by Client, its   agents, or any Customers, caused by failures, inaccuracies or errors in the operation of the Service, or other   claims associated with the Service or the functions and services provided by FIS or Fair Isaac in connection   with the use of the Service.    2.14 If Client purchases the “3-D Secure” Service, the following subsections apply:   2.14.1 FIS shall provide secure internet servers and web pages that allow Customer authentication   and Customer enrollment functions compatible with Verified by VISA and MasterCard Secure Code   specifications. FIS shall follow procedures and time schedules it deems appropriate to timely provide Client’s   Customers who have been enrolled by Client pursuant to an FIS approved written enrollment agreement with   access to the Service via the Internet. Client shall be responsible for providing all appropriate privacy or other   notices to Customers regarding FIS’s access to Data. FIS shall provide Customers with electronic access to   card transaction histories in accordance with the Specifications.   2.14.2 The 3-D Secure Service will be available twenty-four (24) hours per day, seven (7) days per   week; provided, however, that FIS reserves the right to suspend availability of the 3-D Secure Service for the   purpose of maintenance or updating. Although FIS will use commercially reasonable efforts to keep these   periods of unavailability as short as reasonably possible, Client acknowledges that 3-D Secure transactions   may occur without protection during these time periods and FIS shall have no liability for those transactions.    2.14.3 Only debit Cards issued by Client and processed by FIS are eligible for the 3-D Secure Service.   2.14.4 Client will use FIS only for technical support in using the 3-D Secure Service system. Client   shall be solely responsible for providing assistance to Customers.   2.14.5 FIS’s obligation to provide the 3-D Secure Service shall be contingent upon Client’s compliance   with the following: (a) Client will use its best efforts to keep Customer address information current on FIS’s   database. This information is used during the Customer enrollment process. Incorrect or missing address data   may cause the Customer to be unable to enroll; (b) Client will assign the function of “Issuer Administrator” to a   Client employee. The “Issuer Administrator” employee will be responsible for granting, denying, or modifying   other Client employees (“CSR Administrators”) access and privileges to the 3-D Secure administrative website;   and (c) CSR Administrators shall be assigned to one or more other Client employees. The CSR Administrator   shall have all system access to research problems, reset Customer passwords, pull reports, and other general   first line customer service functions to a Customer. Client shall have sole responsibility for all Losses resulting   from, arising out of, or incurred in connection with compliance by FIS or its affiliates with Client or Customer   specifications or instructions, information accessed or transactions effected with a lost, stolen, counterfeit or   misused access code or identification number and any payment initiated by a Customer which is not completed   due to lack of funds.   2.14.6 FIS disclaims all liability to Client for, and Client shall indemnify and hold FIS harmless from,   any and all Losses arising in connection with any of the following: (i) any occurrence of fraud in connection with   a debit card and a 3-D Secure password; (ii) any reimbursement through the Secure Services (if Client has   contracted for the Secure Services) for fraud in connection with a debit card and a 3-D Secure password; (iii)   Customer transaction(s) not being completed due to Customer choosing not to enroll in 3-D Secure at the time   of the transaction(s); and (iv) Customer transaction(s) being denied due to Customer data being invalid on the   Customer record in FIS’s database.   2.14.7 FIS offers two types of installation: (i) standard installation provides Client with FIS standard   template websites accessible by Customers for enrollment and authentication purposes; or (ii) custom     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 68      installation provides Client with unique, custom websites accessible by Customers for enrollment and   authentication purposes. Standard installation includes Client’s name, logo, and contact information on these   web pages in a standard template format and standard, non-branded administrative website access for   program management, reporting, research, and customer care. Custom installation includes Client’s name,   logo, and contact information on these web pages in a format specified by Client (e.g., specific text, graphics)   and allowable by VISA or MasterCard specifications. Custom web pages might include specific terms and   conditions, marketing initiatives, welcome screens, and other specific requests. Custom installation also   provides Client with standard, non-branded, administrative website access for program management, reporting,   research, and customer care.   2.15 If Client purchases the “FIS Secured Debit Services” Service, the following subsections apply:   2.15.1 Only: (i) debit cards issued by Client, (ii) transactions processed by FIS and (iii) debit cards that   are monitored as part of the Fraud Alert Management Service, are eligible for the FIS Secured Debit Services   (“Secure Services”) described in this Section 2.15.1. FIS will not provide Secure Services for debit cards where   the Customer's current contact information is not resident on the System.   2.15.2 With respect to those debit cards for which FIS provides Secure Services, FIS will provide a   warranty to Client for fraud loss sustained by Client due to any debit card transaction by an unauthorized   person who uses (i) any debit Card or debit Card number that has been reported lost or stolen to FIS or (ii) any   counterfeit debit card or debit Card number purportedly issued by Client, provided, however, that Client shall be   responsible for the initial ***** dollars ($******) of any loss applicable to a debit Card number, in each case,   subject to the limitations and Excluded Losses set forth below.   2.15.3 Client acknowledges that fraudulent transactions may occur during those periods that the   Neural Network is not available as described in Subsection 2.13.4.   2.15.4 Client shall identify the debit Card accounts for which FIS will provide the Secure Services prior   to implementation of the Secure Services.   2.15.5 FIS will review all fraud loss claims within ninety (90) days of submission and all approved   claims will be paid no later than one hundred twenty (120) days from submission.   2.15.6 FIS may adjust the applicable fees for Secure Services, warranty limits or eligibility for Secure   Services if Client has sustained fraud loss in any month during the twelve (12) month period immediately   preceding the Commencement Date in excess of twenty-two (22) basis points of Client’s monthly net sales   volume with respect to its debit cards. Net sales volume is the mean gross sales, not including cash advances,   less returns.   2.15.7 Client shall be responsible for the first ***** dollars ($******)of any loss applicable to each debit   card account number. Notwithstanding anything herein to the contrary, FIS’s maximum aggregate warranty   amount per year (based on each twelve (12) month period during the term of this Addendum, starting from the   Commencement Date (and each anniversary thereafter) is as follows:       Number of Card Accounts   For which FIS provides   Secure Services      Maximum Warranty   Amount Per Year       1 – 500 Card accounts $*******     501 – 1,500 $*******     1,501 – 4,500 $*******     4,501 – 10,000 $*******     10,001 – 30,000 $*******     30,001 – 50,000 $*******     50,001 or more Quoted separately    2.15.8 FIS will not provide a warranty to Client for any of the following Losses (each of which shall be   an “Excluded Loss”): (i) Losses due to a Customer’s attempt to commit fraud against Client; (ii) Losses incurred   because a Customer has disclosed the debit Card’s personal identification number (“PIN”) to any other party,   including, disclosure by writing the PIN on or near the debit Card; (iii) Losses due to any action or omission of   any employee or agent of Client; (iv) Losses due to disputed transactions between Client, Customer, and   merchant, including lack of service, non-receipt, duplicate postings, and differences in posting amount and   receipt; (v) Losses resulting from lost interest, bank fees, returned check fees, overdraft fees, or any other   charge incurred by a Customer due to reductions in an account’s available balance as a result of a fraudulent     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 69      transaction; (vi) Losses above FIS’s then-current guidelines for daily POS maximum amount; (vii) Losses that   result from debit cards which are not monitored as part of the Fraud Alert Management Service; (viii) Losses   above the available balance of the Customer's checking account or credit limit, as applicable, immediately prior   to the first instance of fraud on that account; (ix) Losses due to use of a debit Card by a person known to the   Customer (e.g., family member, significant other, roommate, coworker, friend) who, with or without the   Customer's permission, uses the debit Card to make purchases or cash withdrawals; (x) Losses on debit Cards   not blocked by Client subsequent to Visa or MasterCard issuing a compromised account alert related to the   account; and (xi) Losses incurred prior to FIS’s confirmation that it has successfully implemented Client's   Secure Services, including, without limitation, any Losses on a debit Card that has first been reported as lost,   stolen or subject to a fraudulent transaction prior to the implementation date of the Secure Services. As of the   Effective Date of this Addendum, the daily POS maximum amount for Cards are $****** for ATM transactions,   $******* for debit purchases, $******** for a credit cash advance and $******* for credit purchases. FIS reserves   the right to increase or decrease these amounts at any time and will provide Client at least thirty (30) days’ prior   written notice of such changes. In the event that Client raises any Customer’s limit above that amount, Client   shall be responsible for any losses incurred over that daily limit.   2.15.9 FIS’s obligation to provide Secure Services shall be contingent upon Client’s compliance with   the following:   (a) The Secure Services provided by FIS are conditioned upon Client providing FIS written notice of   any potentially fraudulent transaction upon which Client intends to base a warranty claim hereunder within sixty   (60) days of such transaction. FIS shall have full authority to investigate and take legal action with regard to   such potentially fraudulent transaction, and Client shall provide reasonable assistance and cooperation to   enable FIS to investigate and take legal action with regard to such transaction;   (b) Client permits FIS to contact Customers during an investigation of any potentially fraudulent   transaction for which Client is making a warranty claim hereunder. Further, Client will use its best efforts to   obtain an affidavit from any such Customer, attesting to his or her lack of involvement in the transaction and his   or her willingness to assist in any investigation and legal action relating thereto;   (c) Client will notify FIS within twenty-four (24) hours of receiving: (i) notice from a Customer that a   debit Card has been lost, stolen or compromised, or (ii) a compromised account alert from Visa or MasterCard.   FIS may require debit Card accounts to be listed on the MasterCard Warning Bulletin or Visa Exception File at   Client’s expense;   (d) Client will use its best efforts to keep FIS’s database current on all Customer information, including   date of birth, day and evening telephone numbers, address and Social Security number;   (e) If FIS is not able to contact a Customer, Client will use reasonable efforts to contact its Customer   regarding potentially fraudulent transactions and promptly provide FIS any information obtained regarding such   transactions;   (f) Client will utilize the companion services required by FIS from time to time, and will sign agreements   for such services where requested by FIS, or authorize the use of such services by not opting-out of such   services when presented by FIS. Such companion services may include (i) Visa, MasterCard and EFT Network   (as applicable) dispute processing and chargeback services; (ii) address verification service; (iii) CVV or CVC   checking; (iv) authorization name matching; (v) verified by Visa or MasterCard Secure Code; and (vi) FIS’s   Fraud Alert Management Service;   (g) Client will require Customers to activate their debit Cards via a PIN transaction or such other   activation methods required by FIS from time to time;   (h) Client authorizes FIS to decline debit Card transactions involving: (i) a CVV/CVC mismatch on all   PIN and signature transactions; (ii) a CVV2/CVC2 mismatch on all transactions with CVV2/CVC2; and (iii) a   mismatch against the expiration date contained in FIS’s systems;   (i) Clients that are “Principal” members of an Association(s) will send Customer account compromise   alerts to FIS; and   2.16 If Client purchases the “Hot Card Notification” Service, the following subsections apply:   2.16.1 Upon receipt of a Client hot Card notification, FIS will follow its then-current procedures for   inactivating the card in question. FIS will indemnify Client from any claim for damages from a Customer whose   Card is not inactivated by FIS in accordance with FIS’s hot Card procedures, but this indemnification will only     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 70      apply to charges to the Cardholder's Card made between: (i) the time when FIS should have inactivated the   Card in accordance with its procedures and (ii) such time that FIS actually inactivated the Card.   2.16.2 FIS will not be liable to Client or any third party for failure to inactivate a Card where the   Customer is unable to provide the information required by FIS in order to inactivate the Card or where a Card is   wrongly inactivated based upon inaccurate or incomplete information received by FIS. FIS shall have no other   liability to Client, its Customers or any third party with respect to the hot carding and warning bulletin services,   and Client shall indemnify and hold FIS harmless for, from and against any and all claims for liability arising   from the hot carding and warning bulletin services, including, but not limited to, claims arising under applicable   Law or Operating Rules. Client acknowledges that it is responsible for all related pass-through fees for hot   carding and warning bulletin listings.   3. Fees.   3.1 Other miscellaneous EFT services may be provided by FIS at Client’s request for the fees set forth in   the EFT Miscellaneous Services Fee Schedule, as amended by FIS from time to time.   3.2 FIS shall have the right to utilize any amounts payable to Client under this Addendum in payment of, or   to reimburse FIS for, any and all amounts owed under the Agreement including, but not limited to, all fees due   FIS.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 71      Electronic Funds Transfer –Technical Support Levels   1.  The parties acknowledge that the following is a list of acceptable service levels for the Service   described in the Electronic Funds Transfer Service Agreement:      a.  Intercept Authorization System and Application Availability.  FIS’ Intercept Authorization   System and Application shall be available at least ninety-nine percent (99%) of the time, excluding routine and   scheduled maintenance (the “EFT Uptime Benchmark”) in any given month.  FIS will provide Client with FIS’   standard reports as to such system availability on a monthly basis.  If the EFT Uptime Benchmark is not met,   and such failure is solely attributable to FIS, then FIS will credit Client with an amount equal to:     *****% of the total EFT Processing Monthly Fee if availability is between 98% 98.9%,     *****% of the total EFT Processing Monthly Fee if availability is between 97% and 97.9%, or     *****% of the total EFT Processing Monthly Fee if availability is less than 97%.   b. ATM Availability.  ATMs shall be available at least ninety-eight and one-half percent (98.5%)   of the time, excluding routine and scheduled maintenance (the “ATM Uptime Benchmark”) for any given month.   FIS will provide Client with FIS’ standard reports as to such ATM availability on a monthly basis.  If this SLA is   not met, and such failure is solely attributable to FIS, FIS will credit Customer with an amount equal   *****percent (*****%) of the ATM Monthly Fee for any month that the ATM Uptime Benchmark is not achieved.   c. ATM Fault Dispatching.  ATM faults will be dispatched within ten (10) minutes of error to the   designated time of day contact ninety-nine percent (99%) of the time (“ATM Fault Benchmark”). Escalation   dispatches will be followed as established by the client at inception.  If the ATM Fault Benchmark is not met,   and such failure is solely attributable to FIS, then FIS will credit Client *****% of the ATM Monthly Fee for   impacted ATM.   d.  In the event that there are three (3) or more months during any rolling eighteen (18) month   period in which the monthly System Availability falls below ninety-four percent (94%) excluding scheduled   maintenance, Third Party outages, or an outage outside of FIS’ control, in addition to the aforesaid   performance credit, as applicable, Client shall have the right to terminate the EFT Addendum.   d.   Sole and Exclusive Remedies.  Any credit provided to Client hereunder shall be Client’s sole and   exclusive remedy, except for Client’s right to terminate contained in Section 1 d. herein, which right to terminate   is in lieu of Client’s right to terminate pursuant to Section 16.1 of the General Terms and Conditions.   .   2. Problem Event Communication.  For SEV1 events specific to one client, FIS will alert the client within   sixty (60) minutes of problem recognition.  For global SEV1 events, the EFT Administration Site will be updated   to include what information is available within ninety (90) minutes of problem.  If the EFT Administration Site is   unavailable, FIS will send a communication to all clients, describing problem, and resolution if known at time of   transmitting the bulletin.  If this SLA is not met, and such failure is solely attributable to FIS, then FIS will credit   Client ****** percent (*****%) of the total EFT Processing Monthly Fee.     3. AMAC (adds, moves, and changes).  These AMAC’s are defined with applicable timelines:     Install new ATM that requires an FIS circuit – 45 business days from date of request    Install new ATM that does not require a circuit – 20 business days    Replacement of existing ATM  – 10 business days    Upgrade ATM communication to TCP/IP – 10 business days    Miscellaneous address router changes – 10 business days   Capability to expedite an AMAC is available, subject to additional fees.     4.  File Delivery.  If daily cutoff is prior to 5:00pm eastern, daily posting files for nightly processing should   be delivered no later than 8:30 PM each processing day.   5. Exclusions.  Notwithstanding the above, FIS shall not be responsible for failing to meet the technical   support levels set forth in this Exhibit due to causes beyond its control including but not limited to: (a) Client   hardware failures; (b) Client’s failure to perform its obligations pursuant to the Agreement, (c) Client negligence,   abuse, or neglect; (d) the act or omission of any third party (e) damage caused by fire, water, lightning, power   surge, or any Force Majeure event.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 72      FRAUD DETECTION AND IDENTITY SERVICES ADDENDUM      1.  Introduction. FIS shall provide to INDEPENDENT BANK CORP. of Rockland, MA (“Client”) the services   indicated in the pricing attachment (each, a “Service” and collectively, the “Services”) pursuant to this Fraud   Detection and Identity Services Addendum (“Addendum”) to the Agreement. In addition to the terms and   conditions set forth in the General Terms and Conditions and the Order Form accompanying this Addendum,   the following terms shall apply with respect to the Services. Client acknowledges and agrees that the Services   contemplated by this Addendum will be rendered by Chex Systems, Inc., and for purposes of this Addendum,   references to “FIS” shall mean Chex Systems, Inc.   2. Data.   2.1 Data Usage.   2.1.1 Notwithstanding anything to the contrary in the Agreement, FIS may store, disclose, and use all   consumer and business data provided by or on behalf of Client pursuant to this Addendum, including the   Specifications (collectively, “Information”), provided that such storage, disclosure, and use is for purposes of   performing FIS’s obligations under this Addendum or for purposes permitted under the Laws applicable to FIS,   including but not limited to Title V, Subtitle A of the Gramm-Leach-Bliley Act, as amended (“GLBA”), and their   implementing regulations.    2.1.2 Termination of this Addendum or any Service shall not require FIS to remove, return or cease to   use any Information obtained from Client.   2.2 Data Security.    2.2.1 Client acknowledges and agrees that FIS is not a “third party processor” as that term is used in   the General Terms. Notwithstanding anything to the contrary in the General Terms (i) FIS shall promptly notify   Client of any breach of FIS’s system or any portion thereof that results in unauthorized access to NPI obtained   from Client, (ii) Client shall promptly notify FIS of any unauthorized access to FIS Data (as defined below), and   (iii) any notifications provided pursuant to this Section shall include the relevant details of the unauthorized   access and the remedial actions that FIS and/or Client may take to mitigate Losses resulting therefrom. In the   event that a party experiences a breach of security or unauthorized access to NPI, that party shall have the   right to take any action it deems necessary or appropriate to comply with applicable Laws or mitigate Losses   that might result from such breach or unauthorized access, including, without limitation, the provision of notice   to impacted consumers.   2.3 Data Accuracy. Client represents and warrants that: (i) to Client’s knowledge, after conducting any   lawfully required due diligence, all Information provided by Client is true and complete in all material respects;   and (ii) it shall not submit fictitious or test Data to FIS in a production environment. Upon Client’s reasonable   written request, FIS shall provide Client with test cases to use in the Service staging environment.   2.4 Data Contribution.   2.4.1 Client shall comply with FIS’s policy (“Data Contribution Policy”) regarding the provision of   consumer and business data to FIS, as such policy may be modified by FIS from time to time. Both parties   agree that the Data Contribution Policy is incorporated into and made a part of the Agreement.   2.4.2 Client agrees to make available to FIS, via electronic web service, systematic extract, or batch   transmission, certain additional Information (as defined below) set forth in the applicable Specifications, the   Data Contribution Policy, or as otherwise specified by FIS from time to time. Client shall be entitled to   contribute Information directly to FIS or through a mutually agreed upon third party service provider. FIS shall   be entitled to obtain Information directly from its affiliated entities in order to effect Client’s compliance with the   Data Contribution Policy.   3. Services.   3.1 The Services described in this Addendum will be provided in accordance with the corresponding   Specifications and as otherwise communicated to Client in writing from time to time. Client acknowledges that   the decisioning messages (e.g., “pass”/”fail”) sent by FIS through the Service are based solely upon the pre-   defined business criteria applicable to consumer or business attributes provided by Client. Client acknowledges   and agrees that FIS obtains certain of its data from third party sources (“External Suppliers”), which may or   may not be completely thorough or accurate. As such, Client shall not rely on FIS for the accuracy or   completeness of information supplied through the Services. Client acknowledges that all decisions made using     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 73      the Services made solely by Client. Client understands and acknowledges that the Services do not serve as   positive identification of the consumer or business. Client understands and acknowledges that the Services do   not serve as positive identification of the consumer.    3.2 Except as required to comply with Laws, or as otherwise set forth in the Specifications or this   Addendum, Client shall not, either directly or indirectly, for itself or through any agent or third party: (i) compile,   store, maintain or use the Services or data provided by FIS through the Services (“FIS Data”) to build its own   database; or (ii) copy or otherwise reproduce the Services or FIS Data. Client shall be solely responsible for   ensuring that the storage, delivery and transmission of FIS Data to permitted employees is done in a secure   and confidential manner.   3.3 Client agrees to take appropriate measures to protect against the misuse of the Services. Client shall in   all instances be the end user of the Services and shall not permit the Services to be used by any other entity.   Client shall not allow access to the Service from Internet Protocol addresses located outside of the United   States and its territories; nor shall Client allow FIS Data to traverse networks outside domestic U.S. borders,   irrespective of whether such network is internal or external to Client. Client shall not allow FIS Data to be stored   at rest outside U.S. borders, irrespective of the storage media. Client shall only use the FIS Data provided   through the Services one (1) time for the specific transaction and certified purpose for which the FIS Data was   requested (see Attachment 1).   3.4 Client acknowledges and agrees that FIS will only allow Client to access the Services if Client’s   credentials provided in Attachment 2 (“Client Credentialing Form”) can be verified in accordance with FIS’s   internal credentialing procedures.   3.5 Client agrees to administer and control unique access user IDs and passwords as set forth herein and   as may be communicated to Client in writing from time to time. Client shall promptly notify FIS if any account ID   becomes inactive, invalid or otherwise may be terminated, reassigned or compromised. Client agrees to   conduct quarter-annual quality control reviews to ensure all current users are appropriately authorized, and   promptly provide the results of such reviews to FIS upon request.   3.6 If FIS reasonably and in good faith determines that Client has breached any provision of this   Addendum that pertains to credentialing or the access, use, storage or disclosure of FIS Data, FIS may, upon   five (5) business days’ notice (unless a shorter notification period is required in order for FIS to maintain its   compliance obligations), suspend Client’s access to the affected Service until such time as Client remedies the   breach to FIS’s reasonable satisfaction. If Client fails to cure the breach to FIS’s reasonable satisfaction within   thirty (30) days, or if Client has previously breached any of the access, use, storage, disclosure or credentialing   provisions governing its use of the Service, then FIS shall be entitled to immediately terminate the affected   Service. Client agrees to cooperate fully with any investigations into any potential misuse of the Services.   3.7 The Services and related FIS Data shall be requested for exclusive use of Client, maintained by Client   as Confidential Information and disclosed only to Client’s employees whose duties reasonably relate to the   permissible use (see Attachment 1) for which the FIS Data was requested. Client will not use the Services for   personal or non-business reasons. Client agrees that each of its employees and/or agents that are granted   access to FIS Data provided through the Services will be bound by confidentiality restrictions regarding the   dissemination of such FIS Data. FIS shall have the right to verify compliance with this Section upon reasonable   notice to Client.   4. Service Categories. Client may purchase one or more of the Services set forth on Attachment 1 to this   Addendum at any time. The corresponding additional terms set forth in this Section shall only apply if the   Service referenced in Attachment 1 is also included in a pricing attachment hereto.    4.1 If Client receives any “Fraud Detection and Identity Service” listed on Attachment 1, the following   subsections apply:   4.1.1 Client acknowledges and agrees that the Services do not constitute and should not be used as a   “consumer report” or an “investigative consumer report” as those terms are used and defined in the federal Fair   Credit Reporting Act (15 U.S.C. Section 1681, et seq.), as amended (“FCRA”). Client acknowledges that   certain FIS Data provided through the Services is based on publicly available information. Client further   acknowledges the Services are an identification verification tool to be used by Client in conjunction with (and   not to the exclusion or replacement of) Client’s own internal policies and procedures relating to identity   verification. Client shall (i) not use the Services to grant or deny an account or to take any other adverse action   (as defined in the FCRA) with respect to a consumer; and (ii) only use the Services in financial services   markets located in the United States of America and its territories.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 74      4.1.2 Client acknowledges and agrees that some of the information contained in the Services is NPI   and is regulated by the GLBA. Client further acknowledges and agrees that it may be required to certify its   permissible use of FIS Data at the time it requests such FIS Data. In addition, Client agrees it will recertify, in   writing, its permissible use(s) of FIS Data upon request by FIS.   4.1.3 Client shall obtain any consumer consents as may be required by Law prior to using the   Services.   4.2 If Client accesses the “Alert Management System” functionality of the Address Analysis Service, in   addition to the terms that pertain to the Fraud Detection and Identity Services, the following terms apply:   4.2.1 FIS will offer the Third Party Service to Client through a third-party service provider (“Third Party   Service Provider”). Currently, ID Insight, Inc. serves as the Third Party Service Provider. Client acknowledges   and agrees that FIS is not the provider of the Third Party Service, and Client shall, if required by FIS or the   Third Party Service Provider, enter into a separate agreement for the Third Party Service directly with the Third   Party Service Provider. By using the Third Party Service, Client agrees to the Terms and Conditions found in   the Alert Management System.    4.2.2 In addition to indemnification obligations set forth in the General Terms, Client shall indemnify,   defend and hold harmless FIS, and its officers, employees, directors, agents, shareholders, in their individual   capacities or otherwise from and against any and all Losses asserted by a third party that result from, relate to,   arise out of, or are incurred in connection with Client’s failure to comply with the terms of any agreement that   Client enters into with Third Party Service Provider.   4.3 If Client receives any “Identity Service” set forth on Attachment 1, the following subsections apply:   4.3.1 FIS may, at any time, impose additional terms of use regarding these Services. These additional   terms of use may be the result of a modification in FIS policy, a modification of an agreement between FIS and   an External Supplier, a modification in industry standards, or a change in applicable Law. Upon written   notification by FIS, Client agrees to comply with such additional terms of use. If Client cannot or refuses to   comply with any additional terms of use, then FIS may terminate or modify the affected Service. In the event   that the Service is terminated, Client shall be required to certify in writing that all FIS Data provided through the   Service has either been returned to FIS or destroyed in accordance with the Agreement.   4.3.2 Notwithstanding anything to the contrary in the Agreement, neither FIS nor any External Supplier   shall be liable to Client or to any person claiming through Client or to whom Client may have provided these   Services or related FIS Data for any Losses arising out of or caused in whole or in part by External Suppliers’   negligent acts or omissions in procuring, compiling, collecting, interpreting, reporting, communicating, or   delivering these Services or related FIS Data. Client acknowledges that every business decision involves   assumption of a risk, and that neither FIS nor any External Supplier underwrites that risk in any manner   whatsoever. If, notwithstanding the foregoing, Losses are incurred by FIS or an External Supplier, Client agrees   that FIS’s and/or External Suppliers’ aggregate liability for any and all Losses arising out of any act or omission   of External Suppliers in connection with these Services or related FIS Data, regardless of the cause of the loss   or injury (including negligence) and regardless of the nature of the legal or equitable right claimed to have been   violated, shall never exceed the amount of fee(s) paid for the FIS Data to which a given claim relates, and   Client covenants and promises that it will not sue FIS and/or any External Supplier for an amount greater than   such sum, even if FIS and/or External Suppliers were advised of the possibility of such damages, and Client   will not seek punitive, special, indirect or similar damages in any suit against FIS and/or any External Supplier,   all in consideration of Client’s receipt of the FIS Data at the rates charged by FIS hereunder, which are priced   to reflect the waivers and disclaimers contained herein.   4.3.3 Client acknowledges and agrees that (i) there is no partnership or joint venture between FIS and   any External Supplier; (ii) there shall not be any joint or several obligations or liabilities undertaken amongst,   between, or on behalf of FIS and any External Supplier; (iii) FIS and the External Suppliers do not expressly or   impliedly agree to be responsible or liable for the acts and omissions of one another; and (iv) FIS and the   External Suppliers do not warrant the services provided by one another.   4.4 If Client receives any “Driver’s License Service” set forth on Attachment 1, the following subsections   apply:   4.4.1 Client shall not use the FIS Data provided through the Services to create or update a file for its   own source of driving history records or other motor vehicle data.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 75      4.4.2 Client acknowledges that the Driver’s Privacy Protection Act (18 U.S.C. Section 2721 et seq.)   (“DPPA”) and several similar state laws provide that any person who knowingly obtains or discloses DPPA   governed information for any purpose not permitted by the DPPA, or who makes any false representations to   obtain any such information, may be subject to civil and criminal penalties. Client acknowledges and agrees   that the DPPA, and other similar Laws, apply to the Services.   4.4.3 FIS shall be entitled to remove any state driver’s license file from the Service in the event that   FIS is not able to obtain the file from its External Supplier.   4.5 If Client receives the “Watch List Service” set forth on Attachment 1, the following subsections apply:   4.5.1 Client acknowledges and agrees that the Service is intended to supplement, and not to replace,   Client's existing compliance programs.   4.5.2 FIS makes no representation or warranty that the Service is sufficient to meet Client’s   compliance requirements under any Law. Client agrees that FIS shall not be liable for any Losses resulting   from Client’s failure to comply with any Law or regulatory requirement.   4.6 If Client receives the “Red Flag Checklist Service” set forth on Attachment 1, the following subsections   apply:   4.6.1 Client shall not use the Service or FIS Data to grant or deny an account, nor shall Client take any   other adverse action with respect to a consumer based upon the use of the Service or related FIS Data. Client   acknowledges and agrees that the Service is intended to supplement, and not to replace, Client's existing   compliance programs.    4.6.2 FIS makes no representation or warranty that the Service is sufficient to meet the compliance   requirements of Client under any Law. Client agrees that FIS shall not be liable for any Losses resulting from   Client’s failure to comply with any Law or regulatory requirement.   4.7 Professional/Consulting Services. FIS and Client agree that any non-standard professional or   consulting Services requested by Client that are not already included in any standard setup or maintenance fee   shall be subject to the fees and additional terms set forth in a statement of work issued pursuant to this   Addendum. Any such statement of work shall be incorporated into and made a part of this Addendum.   5. Indemnification. In addition to the indemnification obligations set forth in the General Terms, Client shall   indemnify, defend and hold harmless FIS’s External Suppliers from and against any and all Losses that result   from, relate to, arise out of, or are incurred in connection with (i) Client's use of a Service provided under this   Addendum; or (ii) a breach of security or unauthorized access to NPI caused by Client.    6. Audit.    6.1 FIS shall be entitled to request information regarding specific transactions and inquiries made by Client   using the Services. Client shall promptly respond to any such requests. Client acknowledges and agrees that in   order to ensure compliance with applicable Laws and/or FIS’s obligations under its agreements with its External   Suppliers, FIS shall have three (3) years after the termination or expiration of this Addendum to conduct the   audits contemplated by the Agreement.    6.2  Upon at least ten (10) business days’ prior written notice, FIS, its representatives and/or vendors may   visit Client's facilities, during normal business hours, for the purpose of: (i) inspecting the location and use of   the Services; and (ii) auditing, monitoring and ensuring compliance with the terms of this Addendum. Notice for   any audit must specify the scope of the information sought and the purpose of the audit. All audits must be   reasonable in scope and duration.   7. Termination. In addition to the termination rights set forth in this Addendum and the General Terms, FIS   may immediately terminate a Service if FIS reasonably determines that (i) any Law, regulation, consent decree   or government regulatory agency opinion would jeopardize the continuing legality of the Service; or (ii) Client is   not in compliance with, or causes FIS, an External Supplier or any third party not to be in compliance with   applicable Law.   8. Fees. FIS may increase the recurring fees due under this Addendum by the applicable percentage set forth   in the General Terms at any time, but not more than once annually.   9. Regulatory Requests. FIS and Client are subject to continuing oversight and supervisory authority by   various federal regulatory agencies (“Federal Regulators”). FIS and Client each acknowledge and agree that     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 76      when requested by a Federal Regulator, the Agreement and any information related to the Agreement  may be   disclosed by either party to a Federal Regulator (as required by Federal Law) without prior notice to the other   party and without disclosure to the other party of the Federal Regulator’s request.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 77      FRAUD DETECTION AND IDENTITY SERVICES ADDENDUM   Attachment 1 – Service Categories and Permissible Uses      Client hereby certifies that it shall use the FIS Data provided through the Service in accordance with the   applicable terms and conditions of the Addendum and solely for the Permissible Use associated with the   Service as set forth below:    Fraud Detection and Identity Services:    Address Analysis(1)    ID Authentication(1)    ID Verification(1)   Identity Services:    ID Authentication(1)    ID Verification(1)   Driver’s License Services:    ID Verification(2)   Watch List Services:    ID Verification     OFAC Watch    OFAC Auto Attendant    Enhanced PEP/Fraud List Package   Red Flag Services:    Red Flag Checklist    Permissible Uses:   (1) Client certifies it will only request and use FIS Data through these Services to protect against or   prevent actual or potential fraud, unauthorized transactions, claims or other liability.   (2) Client certifies it will only request and use FIS Data through these Services in the normal course of   business solely to verify the accuracy of personal information submitted by a consumer, and if such information   as so submitted is incorrect or is no longer correct, to obtain the correct information, but only for the purposes   of preventing fraud by the consumer.      

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 78       FRAUD DETECTION AND IDENTITY SERVICES ADDENDUM   Attachment 2 – Client Credentialing Form   NOTE: INCOMPLETE OR INCORRECT INFORMATION MAY   RESULT IN AN IMPLEMENTATION DELAY.   To submit the Credentialing Form:   1. Please type or print all information requested and return with the executed contract documentation.   2. If applicable, supporting documentation must be provided or application will be returned and Services will   not be setup.       1. COMPANY INFORMATION (ALL ITEMS ARE MANDATORY)   Company Name:       Main Office Telephone (not ext.): (     )      -        Main Fax: (     )      -      Website:         Current Main Physical Address (P.O.. box or private mail box not permitted):    Street Address:         City:       State:       Zip Code:         Date Organization Established:       Business Specialization:         2. ACCOUNT CONTACT INFORMATION (ALL ITEMS ARE MANDATORY)   Last Name:       First Name:         Title:       Telephone (not cell): (     )      -        Cell Phone (if applicable):       Email:         Are you authorized by your organization to order reports on their behalf?:  YES      NO   3. INDUSTRY AND COMPANY TYPE INFORMATION IS REQUIRED FROM ALL APPLICANTS   NOTE: The Business name on license must match the Company name provided.   Select the one item that best describes your company:    Banking/Financial    Retail/Wholesale    Healthcare       Collections    Telecommunications    Attorney/Law Office   Insurance    Tenant Screening    Other   If   Other Please Specify:         Is your company Publicly Held?  YES   NO  If yes, please provide stock symbol here          Is your company a bank or credit union?  YES   NO  If yes, are you regulated by the FDIC or NCUA? If Yes:   FDIC NCUA    If FDIC, please provide: Certificate #:        Date:        If NCUA, please provide: Charter #:         Date:         If No, attach appropriate documentation reflecting your regulatory agency and explain:             Is your company one of the following?  Partnership    Corporation/ State of:         If you are a partnership, additional information is required.  A professional license is required if your organization is   professionally regulated, a business license and/or notarized articles of incorporation are required for all others –   except if publicly held, SEC, NCUA or FDIC regulated.     License Required: Business License #:       City, County, State of Issuance       License Expiration Date:         Professional License #         License Expiration Date:         ATTACH A COPY OF YOUR PROFESSIONAL/BUSINESS/STATE LICENSE OR FEDERAL TAX ID REGISTRATION   IF NO LICENSE REQUIRED or NOTARIZED ARTICLES OF INCORPORATION.   Federal Tax ID:       Are you exempt from state & local taxes?   YES   NO Attach a copy of 501(C)(3) documentation   Is your organization home-based?  YES    NO   4. AUTHORIZATION   Chex Systems, Inc., itself or through its parent corporation or other affiliate (collectively, “Chex”) requires credentialing   of potential clients prior to providing certain data services. As such, Client hereby authorizes Chex to obtain information   about Client’s commercial activities and financial condition from third parties, including, without limitation, banks, credit   or consumer reporting agencies, any business references provided by Client, as well as any other third party that can   provide such information. Client agrees that this document shall serve as Client’s consent for any third party to release   information requested by Chex to Chex or its representative, and Client hereby releases such third party and Chex of   all liability associated with such disclosure. In addition to the information that may be requested from third parties as     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 79      specified above, Chex may elect, and Client consents to, a physical inspection of Client facilities. Client hereby   authorizes Chex, or a third party vendor of Chex to conduct such an inspection, and agrees to provide all reasonable   cooperation necessary to complete such inspection in a meaningful and timely fashion.   THE DULY AUTHORIZED REPRESENTATIVE OF CLIENT HEREBY REPRESENTS AND WARRANTS THAT THE   INFORMATION PROVIDED IN THIS APPLICATION IS TRUE AND ACCURATE.   Signature:  Date:         Printed Name:       Title:           

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 80       ITEM PROCESSING SERVICES ADDENDUM    without Endpoint Exchange Check Image Clearing Services      1. Introduction. INDEPENDENT BANK CORP. of Rockland, MA (“Client”) engages FIS to provide the   components of item processing services indicated in the pricing attachment (each, a “Service(s)”) for check and   other payment items delivered to FIS (each an “Item”) in accordance with this Item Processing Services   Addendum (“Addendum”). This Addendum is a part of the Information Technology Services Agreement   described on the Order Form to which this Addendum is attached (“Agreement”), and capitalized words not   otherwise defined herein have the meaning set forth in the Agreement. The General Terms apply to the   Services provided pursuant to this Addendum.    2. Services.   2.1 Except to the extent that FIS has contracted to perform such services or functions for Client, Client   shall: (i) cooperate with FIS in its performance of the Service, and provide FIS with information, management   decisions, regulatory interpretations and policy guidelines as reasonably required; (ii) transport all Items,   records, and other Data between Client offices and the service center and pay any related costs; (iii) appoint   FIS as its agent for purposes of receiving Items from and returning Items to clearing organizations; (iv) notify all   appropriate third parties of such appointment and pay or reimburse FIS for any charges payable to such   clearing organizations for, or required as a condition to, receiving or returning Items; and (v) provide FIS with a   current contact list and escalation procedures to ensure that production problems and other issues requiring   Client attention are addressed on a timely basis by the appropriate individual(s).   2.2 Client shall be solely responsible for: (i) verifying dates, signatures, amounts, authorizations,   endorsements, payment notices, collection times, fees and charges imposed by Client on its Customers and   other similar matters on all Items delivered to FIS; (ii) placing stop payments and holds on depository accounts   maintained by Customers (“Accounts”); and (iii) determining the correctness of all magnetic ink inscribed or   appearing on Items, regardless of by whom or when inscribed. Client shall provide all information reasonably   required by FIS concerning accounts offered by Client to its Customers and internal Client general ledger   accounts. Client will forward any “on-us” or imaged Items that are posted by or on behalf of Client directly to   FIS without entering them into the clearing process.   2.3 If Client purchases the “Branch Capture Xpress” Service, the following subsections apply:   2.3.1 FIS shall, subject to the Service Level Agreements and Processing Times agreed upon by FIS   and Client,  follow such procedures and time schedules it deems appropriate to timely transmit checks imaged   by Client (“Item Images”) at designated Client locations (“Client Locations”) in accordance with the   Specifications.    2.3.2 Except to the extent FIS has possession of the Images, Client shall be responsible for   retransmitting or recapturing and retransmitting Item Images not received by FIS or received in a form and   format not approved by FIS. Client shall utilize internal documents that will result in the system recognition read   rates being in excess of seventy percent (70%). Client shall assist FIS in researching out-of-balance Items at   each Client Location.   2.3.3 Client shall be solely responsible for providing capable technical resources to assist FIS with the   installation of FIS-supplied hardware at each Client Location, providing a qualified individual for tier-one   problem support for all Client Locations, and to work with the FIS support team to resolve issues as they arise.   Client shall be solely responsible for maintaining its equipment.   2.3.4 FIS shall: (i) when contracted, acquire and install hardware and software at Client’s location(s);   (ii) provide conversion services required to implement a mutually agreed upon number of Client branch   locations for the fee set forth in the pricing attachment; (iii) process Client’s data and report processing results;   (iv) receive Item Images from Client’s locations by the timeframe set forth in Exhibit A; (v) provide training; (vi)   provide one (1) copy of user documentation; and (vii) provide support via telephone during FIS business hours.   Charges for such services will be due and payable in accordance with the General Terms. Client and FIS will   mutually agree upon a business design and implementation plan detailing responsibilities, accountabilities,   tasks and timelines. If FIS is requested to perform maintenance or support at Client’s location, FIS will provide   these services at its then-current programming hourly rate or other rate that has been agreed on by them plus   materials and any travel related expenses.   2.4 If Client purchases the “Image Interface Access” Service, the following subsections apply:     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 81      2.4.1 Except to the extent agreed to under a Service Level Agreement, FIS shall follow such   procedures and time schedules it deems appropriate to timely provide Client with access to the FIS image   interface access system. This Service is designed to enable the access, retrieval, and transfer of a single Item   Image from the FIS image archive to the Client’s internet banking application for presentation of a single Item   Image per request.   2.4.2 Client shall have sole responsibility for user authentications, data encryption, firewall protection,   and security management related to connecting and using the system and accessing the FIS image archive   with network connectivity in accordance with the Specifications. Client shall provide FIS the information   necessary for the implementation and testing of the system, and shall grant FIS access to the data generated   by the system for support purposes.   2.4.3 This Service will be available twenty-four (24) hours per day, seven (7) days per week; provided,   however, that FIS reserves the right to suspend availability of this Service for the purpose of maintenance or   updating the system. FIS will attempt to provide Client with at least seventy two (72) hours prior notice of FIS’s   maintenance on the system.   2.5 If Client purchases the “Forensic Signature Verification” Service, the following subsections apply:   2.5.1 Except to the extent specified in the Processing Times and Service Level Agreements specified   herein, FIS shall follow such procedures and time schedules it deems appropriate to timely provide Client   access to and use of this Service.   2.5.2 Client shall provide the resources and specifications necessary to install, implement and test this   Service, and install all FIS-provided enhancements and corrections in the manner instructed by FIS. Client shall   also provide adequate resources to maintain the integrity of the database information. Client grants FIS access   to data generated by this Service for support purposes. Client shall make its “pay-no-pay” Pay Decision by a   mutually agreed upon time and shall restrict usage of this Service to its stated purpose. Client shall have sole   responsibility for the update of Customers’ Accounts for any Items returned.   2.5.3 FIS shall: (i) provide Client with access to and use of this Service to assist Client in making Pay   Decisions; (ii) process Client’s data utilizing this Service and report processing results to Client; (iii) provide   training; (iv) provide one (1) copy of user documentation; and (v) provide support during FIS business hours.   2.6 If Client purchases the “Transaction Account Protection” Service, the following subsections apply:   2.6.1 Except to the extent specified in the Processing Times and Service Level Agreements specified   herein, FIS shall follow such procedures and time schedules it deems appropriate to timely provide this   Service.    2.6.2 Client shall have sole responsibility for submitting an implementation and testing plan of the   transaction account protection services. Client shall have sole responsibility for making timely return Item   decisions as set forth in the Specifications (“Pay Decisions”). Client shall authorize FIS to return and qualify no-   pay check Items in accordance with the Pay Decisions. Client shall have sole responsibility for returning any   other electronic Items that are marked as “no-pay” and for the update of Customers’ Accounts for any Items   returned whether checks or electronic transactions.   2.6.3 Client shall have sole responsibility and liability for payment of all Items, whether or not the Item   passed the scrutiny of the system, and hold harmless FIS from any related claims and if applicable, be   responsible for all liabilities associated with printing of substitute check Items associated with IRD Print.   2.6.4 FIS shall: (i) provide Client access to and the use of the Service to assist Client in making Pay   Decisions; (ii) process Client’s Data utilizing the Service and report processing results to Client; (iii) provide   training; (iv) provide one (1) copy of user documentation; and (v) provide support during FIS business hours.   2.7 If Client purchases the “Positive Pay” Service, the following subsections apply:   2.7.1 Except to the extent specified in the Processing Times and Service Level Agreements specified   herein, FIS shall follow such procedures and time schedules it deems appropriate to timely provide Client’s   Customers with access to and use of this Service via the Internet.   2.7.2 Client shall grant FIS access to Data generated by this Service for support purposes and provide   account information and other data required to activate this Service. Client shall provide the first line of support.   2.7.3 Client shall ensure that Customers transmit an issue file in the proper format and make Pay   Decisions by a mutually agreed upon time. Client authorizes FIS to return and qualify no-pay Items contained in     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 82      the “pay-no-pay” Pay Decision process, and agrees that if no “pay-no-pay” Pay Decisions are transmitted, FIS   will use “pay-all” or “pay-none” as default settings.    2.7.4 FIS shall: (i) provide Client’s Customers with access to and use of this Service via the Internet;   (ii) process Client’s Customers’ Data utilizing this Service and report processing results to Client and Customer;   (iii) provide training; (iv) provide one (1) copy of user documentation; and (v) provide support during FIS   business hours.   2.7.5 Client shall be responsible for updating account information on core processor for any Items   marked “Return” by Client’s Customers.   2.8 If Client purchases the “Issueless Positive Pay” Service, then in addition to the terms in Section 2.7, the   following subsections apply:   2.8.1 FIS shall: (i) process Customers’ data utilizing the MICR, payee, and ACH validation, account   reconciliation, and/or remote check printing services as indicated in the pricing attachment and report the   results to Client and applicable Customers; (ii) provide Client with a mechanism to print encrypted bar code on   issued checks in lieu of or in addition to transmitting an issue file; (iii) process Customers’ data against ACH   files provided by Client’s ACH provider and generate exceptions based on the parameters set by Client and/or   Customers; and (iv) provide an ACH formatted file of ACH returns which Client may submit to its ACH provider.    2.8.2 Client shall: (i) provide Customers with a mechanism to print encrypted bar code in lieu of   transmitting an issue file; (ii) require its ACH provider to send ACH files to FIS no later than 12:00 p.m. ET on   the current business day and to accept ACH formatted return files from FIS after Customers complete   decisioning of exception Items; and (iii) update Customer accounts with any ACH or check returned Items.   2.8.3 FIS shall not be liable for returning ACH Items sent to Client’s ACH provider.   2.9 If Client purchases the “Back Office Services TRIPS” Service, the following subsections apply:   2.9.1 Except to the extent specified in the Processing Times and Service Level Agreements specified   herein, FIS shall follow such procedures and time schedules it deems appropriate to timely provide Client with   access to and use of this Service which is designed to provide efficiencies in back office exceptions and return   processing, and includes the features described in this Subsection.   2.9.2 Client will be able to make chargeback or redeposit decisions on incoming return Items and   incoming return image exchange Items. Client is responsible for making chargeback and redeposit decisions   daily in order to post Client account information and redeposit decisioned transactions. Special instructions   defined by Client are stored and applied to exception Items. Client is responsible for setting up special   instructions so incoming Items can be pre-decisioned according to the Client’s requirements.   2.9.3 Client may use this Service to: (i) generate advices or transactions that can be posted directly to   Client’s core processing system via an interface; (ii) present a Return Item using RCK; (iii) view, report on and   make chargeback or redeposit decisions on return Items, return image Items, and RCK Items; (iv) make   decisions on exception Items, create and post G/L settlement entries, make Bank-of-First-Deposit   determinations, create an electronic outgoing return cash letter, and create and post G/L settlement entries; (v)   track and process “on-us” Items and foreign Items for collection; and (vi) enter, assign, and track research and   adjustment requests initiated by Customers; (vii) generate transactions to attempt an Item; (viii) generate   chargeback notices; and (ix) generate service fees to be posted to Customer accounts.   2.10 EEX Services – Intentionally Omitted.    3. Timeframes and Hours of Operation. Client shall timely provide inclearing, unencoded and pre-encoded   Items to FIS each Business Day in accordance with the Specifications. FIS shall provide Client with the Service   in accordance with the processing schedule and service levels set forth in Exhibits A and B, respectively.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 83      EXHIBIT A   Processing Times   Requirement Item Time   Client   Delivery   Over-the-Counter Items (Physical) Monday through Friday   50% by 1600 (3 hrs prior to final deadline if adjusted)   100% by 1800   Inclearing Items (Physical) Monday through Friday    RCPC Items by 0930   City Items by 1330   Over-the-Counter Items (Images) Monday through Friday    50% by 1800 (2 hrs prior to final deadline if adjusted)   100% by 2000   Inclearing Items (Images) Monday through Friday by 1330      File   Transmission   Over-the-Counter Transmission by FIS Tuesday through Thursday 2400   Monday (or day following holiday) 0100   Friday 0200   Inclearing Transmission by FIS Monday through Friday 2200   Memo Posted Item File by FIS Monday through Friday 1400   Statement Print Text File Transmission(s)   Completed by Client   First Business Day following Statement Cycle Date 0400   Statement Reconciliation File   Transmission(s) Completed by Client –   Image Statement Only   First Business Day following Statement Cycle Date 0400   Exception Item File Transmission Completed   by Client   Next Calendar Day    0230   Return Item File Transmission by Client Monday through Friday 1300   Miscellaneous Print File Transmission(s)   Completed by Client   Ten (10) Business Days before a Statement Cycle Date   0400   Image Item Export Transmission by FIS Monday through Friday 0600   Image Cash Letter Transmission by FIS Monday through Friday 2200      Same Day   Settlement   Same Day Settlement Adjustments Business Day of Presentment – Monday through Friday   1430   Same Day Settlement Adjustments   Documentation Available for Pick-Up by   Client   Business Day of Presentment – Monday through Friday   1800   Image Archive Available Next Calendar Day 0730      Return Items Return Item Cash Letter Available for Pick-   Up   Monday through Friday 2359    Large Item Return Notifications Monday through Friday 2359    Large Item Return Notification Report Next Business Day– Monday through Friday by 0730     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 84      Available for Pick-Up by Client      Exception   Items   Exception Items Available for Pickup by   Client   Next Business Day Monday through Friday by 0730      Print Print Available for Pickup by Client Next Business Day – Monday through Friday by 0730      Outgoing   Cash Letter   Availability   Physical Outgoing Cash Letters Available for   pickup by Client   Monday through Thursday 2000   Friday 2130   Processing Times may be adjusted upon mutual agreement. The times shown are: (1) are displayed in military   time; (2) based on a Business Day unless otherwise noted; and (3) stated in the local time of the applicable FIS   processing center.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 85      EXHIBIT B   Service Levels   Item Prerequisites Service Level Measurement   Inclearing Image   Capture and   Inclearing Image   Correction and   Balancing   Inclearing Items are   presented in the industry   standard format of:   - not greater than 250-300   Items per batch and   - listing for each bundle   and   - Item order matching   listing and   - one (1) cash letter   summary listing per   sending endpoint.   Inclearing Items are   delivered to FIS in   accordance with Exhibit A   Processing Times.   FIS will initiate the transmission of the   Inclearing Item Posting File to Client’s   Data Processing Services Provider or   FIS’s core system, as appropriate, in   accordance with the Exhibit A,   Processing Times, not missing the   deadline more than twice in each month.   Failure to initiate the Inclearings Item   Posting File transmission by the   applicable deadline is not considered a   violation of the service level unless   Client’s Data Processing Services   Provider or FIS’s core system is unable   to post the Inclearing Item Posting File in   a timely manner.   FIS daily transmission   report.   Late transmissions reported   for review, validation and   tracking.         Over the Counter   Image Capture   and Over the   Counter   Correction and   Balancing (Shall   also apply to   Branch Capture   Xpress Services)   Over-the-Counter Items   are presented in a clean   and orderly fashion.   Pre-encoded Items are   presented in the industry   standard format of:   - not greater than 250-300   Items per batch and   - listing for each bundle   and   - Item order matching   listing   All items oriented in the   same direction   Single in separate   bundles, if FIS is providing   Proof Encoding services   to Client.   Over-the-Counter Items   are delivered to FIS in   accordance with Exhibit A   Processing Times.   The MICR reject rate for   pre-encoded Items will not   exceed one and one half   percent (1.5%) of the total   pre-encoded Item volume.   FIS will initiate the transmission of the   Over-the-Counter Item Posting File to   Client’s Data Processing Services   Provider or FIS’s core system, as   appropriate, according to Exhibit A,   Processing Times, not missing the   deadline more than twice in each   month’s Business Day’s processing.    Failure to initiate the Over-the-Counter   Item Posting File transmission by the   applicable deadline is not considered to   be a performance standard Occurrence   unless Client’s Data Processing Services   Provider or FIS’s core system, as   appropriate, is unable to post the Over-   the-Counter Item Posting File in a timely   manner.   Availability of outgoing cash letter Items   each Business Day in accordance with   the Agreed Processing Times, not   missing the deadline more than twice   each month.   FIS daily transmission   report.   Late transmissions reported   for review, validation and   tracking.      Image/Truncated   Render   Delivery of printed   statements, image match   file and statement fine sort   file in accordance with   Exhibit A Processing   Ninety-five percent (95%) of non-   Crippled DDA Statements that can be   machine-rendered will be rendered and   bear a postmark date not exceeding   three (3) Business Days after the   Monthly statement volume.   Monthly report of statement   activity maintained by FIS.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 86      Item Prerequisites Service Level Measurement   Times.   Inserts are available ten   (10) Business Days prior   to insertion; must be of a   size, format and quality   acceptable to FIS.   Business Day upon which FIS receives   the statement file for non-month-end   statements and four (4) Business Days   for month-end statements, not missing   the deadline more than twice each   month.      Outgoing   Returns   Qualified (paper   or electronic)   Complete Return Item   data file transmission from   Client’s Data Processing   Services Provider or FIS’s   core system, as   appropriate, has been   received by FIS by Exhibit   A Processing Times.   On-time release of Return Item cash   letter within time frames required by   applicable law, not missing the deadline   more than once each month.   FIS daily transmission log.   Monthly Return Item   volume.   Client maintained log of late   Return Items volume.   Late Return Items reported   for review, validation and   tracking.      Large Items   Returns and   Notification   Complete Return Item   data file transmission from   Client’s Data Processing   Services Provider or FIS’s   core system, as   appropriate, has been   received by Exhibit A   Processing Times.   On-time electronic notification of   dishonored Items of two thousand five   hundred dollars ($2,500.00) or more   within time frames required by law, not   missing the deadline more than once   each month.   FIS daily transmission log.   Monthly large Items   notification volume.   Client maintained log of late   large Item notifications   volume.   Late large Item notifications   reported for review,   validation and tracking.      On-line Image   Archive   Meeting Inclearing Image   Capture prerequisites.   Meeting Over-the-Counter   Image Capture   prerequisites.   Available each Business Day by Exhibit   A Processing Times, for archived image   Items, not missing the deadline more   than twice each month.   FIS daily on-line reports.   Client reported instances for   which archived image Item   access was late.         Fraud Prevention  FIS will run update cycle each Business   Day   Updated files will be ready for Client’s   review by 8 a.m. local time each   Business Day         Signature   Verification    FIS will run update cycle each Business   Day   Updated files will be ready for Client’s   review by 8 a.m. local time each   Business Day         Positive Pay Client’s Customers must   complete the Pay-no-Pay   Item Decision Process by   Noon local time each   Business Day   Files will be electronically   distributed to Client’s   FIS will utilize each Customer issue file   during the prime pass capture process   and then transmit the result to Positive   Pay for Client’s Customer review and   processing by 8 a.m. local time each   Business Day        

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 87      Item Prerequisites Service Level Measurement   Customers by 1700 local   time each Business Day   Item Images will remain on the local system until Client removes them. The length of time will depend upon the   volume of Items and the storage capacity of the system.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 88       PAYMENT MANAGER SERVICES ADDENDUM      1. Introduction. INDEPENDENT BANK CORP. of Rockland, MA (“Client”) engages FIS to provide money   movement services through its online platform. Client may select one or more of the available services as   further described in the attached supplement(s) and the pricing attachment (“Service(s)”) using its Payment   Manager software and systems (“System”), in accordance with this Payment Manager Services Addendum   (“Addendum”). This Addendum is a part of the Information Technology Services Agreement described on the   Order Form to which this Addendum is attached (“Agreement”), and capitalized words not otherwise defined   herein have the meaning set forth in the Agreement. The General Terms apply to the Services provided   pursuant to this Addendum.   2. Commencement.   2.1 FIS, in consultation with Client, will develop a detailed, customized plan (the “Implementation Plan”) for   implementing the Service for Client (the “Implementation”). The Implementation Plan will include: (i) a   description of the tasks to be performed for the Implementation; (ii) allocation of responsibility for each of such   tasks; and (iii) the schedule on which each task is to be performed. The Implementation Plan project leaders for   each party shall regularly communicate on the progress of the Implementation, the feasibility of the   Implementation dates specified in the Implementation Plan, and such other matters which may affect the   smooth transition of the Service. Client agrees to maintain an adequate staff of persons who are   knowledgeable about the banking, data processing and information technology systems currently used by   Client. Client further agrees to provide such services and to perform such obligations as are specified as   Client's responsibility in the Implementation Plan and as necessary for Client to timely and adequately meet the   scheduled dates set forth therein. Each party shall cooperate fully with all reasonable requests of the other   party made necessary to effect the Implementation in a timely and efficient manner. The Implementation Plan   may be amended by mutual agreement of the parties. FIS and Client will each provide a team of qualified   individuals to assist in the Implementation effort. The anticipated team and description of their responsibilities is   set forth in the Implementation Plan.   3. Access to the Services.   3.1 FIS shall provide Services to customers who have been enrolled in one or more of the Services by   Client pursuant to its enrollment agreement (“Customer”). Client agrees that FIS is under no obligation to   provide any person with access to the Service unless and until Client has provided FIS with all information and   documentation required by FIS for Customer set-up.   3.2 If Client is not an FIS Core Services customer, Client shall establish connectivity to the Service through   the use of application programming interfaces used in server to server communications (“Web Services”).   Client will be deemed non-compliant with access requirements if Web Services are used for Customer   interactions that are not approved by FIS during the Implementation of the Services. Non- compliance may   result in FIS denying access to the Service. Client is not allowed to integrate the Service with any third party   without FIS’s prior written consent. FIS is under no obligation to provide any third party with access to the   Service unless and until Client has provided FIS with all information and documentation request by FIS.   3.3 FIS may introduce an updated version(s) of its Web Services (“New Version”) from time to time. FIS will   announce any New Version according to FIS’s development release and communication standards. FIS will   support the version of the Service in production immediately preceding the New Version (“Prior Version”) for a   period of up to twenty-four (24) months after the introduction of the New Version. The Prior Version shall be   considered to be retired twenty-four (24) months after the introduction of the New Version. FIS reserves the   right to retire a Prior Version before the end of the twenty-four (24) month support period if the Prior Version   causes any system stability or security issues that cannot be remedied by other means. FIS will notify Client six   (6) months prior to the Prior Version’s retirement date with the details required for Client to update the New   Version. Client’s failure to update to the New Version prior to the retirement of the Prior Version may disrupt   Client’s ability to make the Services available to its Customers. In the event Client has not updated to the New   Version prior to the communicated retirement date of the Prior Version, FIS may discontinue providing the   Services to Client.   4. Service.   4.1 Branded Payment Manager User Interface. Client may elect to receive the Service through a branded   instance of the Payment Manager user interface (“Branded User Interface”). The Branded User Interface will be     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 89      created and maintained by FIS and contain the design and logos of the Client and the specific functionality of   the Service described in the attached supplement and pricing attachments.    4.2 Payment Processing. FIS agrees to execute the delivery of all payments as instructed by Customers in   good standing unless one or more of the following conditions occur: (1) erroneous or incomplete information is   provided by the Customer; (2) a payee cannot or will not accept a payment delivered by FIS; (3) the payment is   suspected of being fraudulent; or (4) the payee is a suspected blocked entity. FIS may process payments using   the Automated Clearing House (“ACH”). In doing so, FIS acts as Client’s third-party service provider and is not   itself an “Originator,” “ODFI,” or “RDFI” (as defined under National Automated Clearing House Association   (“NACHA”) rules). FIS may remit payments using checks drawn on its or its affiliate’s clearing account, and   may set an expiration date for such checks. FIS may also remit payments using checks drawn on the   Customer’s designated account. The funds transferred to or held by FIS from time to time to fund bill payments   are held by FIS in trust as custodian only and on behalf of the applicable Customers. Such funds shall be   segregated from the assets of FIS, but FIS shall have no obligation to invest such funds, or otherwise make   such funds productive, for the benefit of any other party to the transaction, or to account to any other party for   any earnings on such funds, and FIS’s sole duties shall be as set forth in this Addendum.   4.3 FIS shall have the right to remit, stop, cancel, and manage payments and ACH re-issuance and returns   as deemed most reasonable by FIS, and FIS may cancel payments, or block any Customer from initiating   additional payments, in FIS’s reasonable discretion. Client authorizes FIS to contact payees and Customers   with respect to payments processed by FIS for the purpose of resolving payment issues. Payments to unlawful   Internet gambling sites through the Service are prohibited and may be blocked by FIS. FIS may contact   Customers in the process of recovering payment errors. If FIS is unable to retrieve the funds from the payee   and the Customer received benefit of the payment, FIS may seek reimbursement from the Customer.   4.4 Payment Settlement. The settlement account shall be each Customer’s designated funding account for   all transactions. FIS shall charge the designated settlement account(s) for amounts owed to settle payments   processed by FIS.    4.5 FIS shall have the right to suspension of all money movement activity if Client fails to comply with   money transmitter licensing requirements.   4.6 Transaction Limits. Unless otherwise set forth in a Supplement to this Addendum, there is a limit for   customer payments (the “Transaction Limit”) of ten thousand dollars ($10,000) per transaction and a daily limit   for aggregate daily transactions by a Customer (the “Daily Limit”) of twenty thousand dollars ($20,000) per   Customer per day. Transactions are subject to maximum limits.  As part of the implementation, Client shall set   default limits for single transactions and daily limits in writing and is responsible for all transactions.   4.7 Prohibited Payments. Payments to unlawful Internet gambling sites, payments to or at the direction of   government agencies, organization and institution, and payments made in response to a court-directed   payment plan are prohibited and may be blocked by FIS. Client shall be responsible to FIS for the full amount   of any such payments, and for any losses associated with any such payments processed by FIS hereunder.   4.8 Fraud Monitoring Services. FIS shall provide Fraud Monitoring Services to Client in a standard   environment, using its fraud detection platform. FIS will monitor Client’s transactions and use commercially   reasonable efforts to identify potential fraudulent activity.   4.8.1 In relation to the Fraud Monitoring Service, FIS disclaims all liability to Client for, and Client shall   indemnify and hold FIS harmless from, any and all demands, claims, actions, losses, damages, liabilities,   costs, and expenses, including reasonable fees and expenses of counsel, arising in connection with any of the   following: (a) any occurrence of fraud in connection with use of the Service; (b) the application of a low risk   score when a transaction was actually fraudulent; (c) the application of a high risk score which results in   blocking use of a transaction which is not involved in fraudulent activity; (d) any failure by FIS to decline a   fraudulent transaction or to notify Client or Customer of a fraudulent transaction; (e) any decline of a non-   fraudulent transaction; and (f) system downtime    4.9 Tier 1 Customer Service.   4.9.1 Tier 1 Customer Service provides assistance for Customer inquiries on a variety of bill payment   related questions through a dedicated phone number. Customer inquiries can include assisting with   presentment and/or payment verification or status, stop payments, blocked accounts, and specific “How To”   questions related to the Service used. All calls received are handled within a shared environment.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 90      4.9.2 The standard hours of operation for Tier 1 Customer Service are twenty four (24) hours a day,   seven (7) days a week excluding the following holidays: New Year’s Day, Easter, Memorial Day, Independence   Day, Labor Day, Thanksgiving Day and Christmas Day. On these holidays, the FIS customer care center will   close at 11:00 p.m. CT the night before the holiday and will reopen at 11:00 p.m. CT the day of the holiday.   4.10 If Client purchases the “Advanced Login Authentication” or “BeB Approval Out-of-Band   Authentication” (“Authentication Services”) Service, the following subsections apply:   4.10.1 The following terms apply to any Out-of-Band Authentication Services provided by FIS:      (i) The Out-of-Band Authentication requires that accurate Customer phone numbers are available for   the Out-of-Band Authentication. Client is solely responsible for providing accurate Customer phone numbers.   FIS shall have no obligation to audit, check or verify Customer phone numbers.   (ii) Client shall (a) have a legitimate business purpose for any use of the Out-of-Band Authentication;   (b) obtain permission from Customers for the use of the Customer phone number and other contact information   in connection with Client's use of the Out-of-Band Authentication; and (c) be responsible for providing all   appropriate privacy or other notices to Customers including, without limitation, notices that the Out-of-Band   Authentication may cause Customers to incur phone or SMS related charges.   4.10.2 In connection with the provision of Authentication Services, FIS may provide to Client, software,   technology, and/or services that FIS procures from a third party (“Third Party Contribution”). FIS agrees to pass   on to Client, to the extent permitted, any right of Client to be defended and/or indemnified by such third party   against any claim, action, proceeding, damages, or liability based on or resulting from any Third Party   Contribution, upon Client's express written request, provided, however, that, notwithstanding anything herein,   FIS does not assume or accept any liability or responsibility, and shall not be liable or obligated, for any   obligation, liability or claim arising from or related to, in whole or in part or in any combination with any software,   technology, and/or services, any Third Party Contribution or any use or application thereof, including, without   limitation, under  indemnification and defense provisions of the Agreement.   5. Risk and Liability Management.   5.1 Client is responsible for its decisions regarding its business liability including but not limited to credit   losses, fraud losses, counterfeit losses, and fees and fines for non-compliance with laws, regulations, or   applicable rules. FIS will provide Client with certain reports, including management reports, but Client is   responsible for reviewing, monitoring, and acting upon information in such reports to address its potential   losses, fines and fees.   5.2 Client is solely and exclusively responsible for verifying each Customer’s identity, and for contracting   with, and managing the relationship with, Customers using the Service, and obtaining all necessary Customer   authorization to provide the Service. As between Client and FIS, any use of the Service shall be “Authorized   Use” provided that FIS will cancel or disable any Customer promptly following notification to do so from Client.   5.3 Client will indemnify FIS from, defend FIS against, and hold FIS harmless from claims arising from (i)   Client’s failure to verify any Customer’s identity; (ii) any Customer’s use of or inability to use the Service,   specifically including any Customer’s claim for economic loss or damages arising from the Customer’s use of   the Service; (iii) transactions effected with a lost, stolen, counterfeit, or misused log-in ID and/or password; or   (iv) actions taken by FIS in accordance with a Customer’s instruction.    5.4 Client shall, upon FIS’s demand, immediately pay to FIS any settlement amount that FIS is unable to   collect from the Customer’s settlement account for any reason. Client is and shall remain solely and exclusively   responsible to FIS for the entire amount of any payment processed through Authorized Use of the Service,   whether or not the payment was authorized by the Customer.   5.5 Client is and shall remain solely and exclusively responsible to FIS for the entire amount of any and all   Fraudulent Transactions as defined in Section 7(b).   6. Compliance.   6.1 Client shall comply with all Laws associated with its use of the Service, including those relating to ACH   transfers, electronic funds transfer, money transmitting, privacy and direct marketing, regardless of whether   Client uses any forms or other Materials supplied by FIS. Client is solely responsible for: (i) money transmitting   licensing and compliance (ii) any disclosure to its Customers, including but not limited to privacy and data   access, and the terms and conditions for each Client product or service made available through the Service;     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 91      (iii) verifying each Customer’s identity, (iv) contracting with, and managing the relationship with, Customers   using the Service, and (v) obtaining all necessary Customer authorization to provide the Service.    6.2 Client shall pay FIS any fees associated with furnishing Data and/or output to agencies or other bodies   that regulate Client.   7. Definitions. for purposes of this Addendum and all Services provided hereunder   (a) Transactions shall mean the delivery of a payment through one of the options made available by   Client to its Customers.   (b) Fraudulent Transaction means (a) any delivered payment that was not authorized by the person   whose deposit account the payment is being charged to; or (b) any payment remitted by the Customer for   fraudulent purposes, including but not limited to any payment from which the Customer or a third party other   than the payee receives the benefit of the payment funds, either directly or from a third party.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 92       BILL PAYMENT SERVICES SUPPLEMENT      This Supplement  (this “Supplement”) sets forth additional terms and conditions applicable to the Bill Payment   Services (“Service”) provided to INDEPENDENT BANK CORP. of Rockland, MA (“Client”) and is made a part   of and incorporated into the Payment Manager Services Addendum (the “Addendum”)  to the Information   Technology Services Agreement  (the “Agreement”). All capitalized words not specifically defined herein have   the meaning set forth in the Addendum or the General Terms. The terms and provisions set forth in this   Supplement modify and supersede all inconsistent terms and provisions set forth in the Addendum with respect   to the subject matter hereof, and except as modified herein, all other terms and conditions of the Addendum   shall remain in full force and effect.   1. Bill Payment. The Service permits Client’s customers with United States funding accounts (“Customers”)   to schedule payments online to United States payees. FIS chooses the payment method. The settlement   account shall be the Customer’s designated funding account for all transactions. FIS shall charge the   designated settlement account(s) the amounts owed to settle payments processed by FIS.   2. Payment Scheduling   2.1 Once an automatic payment is set up by the End User, FIS will automatically execute payments   according to Customer instructions until the End User cancels or changes those instructions.   2.2 FIS will execute the bill payment instructions according to the End User's instructions for each manual   payment.   3. e-Bill Service.  The billing source must provide FIS with information and authorization necessary for FIS to   receive the bill for processing. The billing source is responsible for the accuracy of account and other   information required for accessing its bills.   4. Account Administration. Client is responsible for obtaining and maintaining access to the CST (the   “Customer Service Tool”).   5. Conversion.  In the event that Client transfers data from another service provider to FIS to convert Client's   Customers to the System, FIS will not be responsible for any errors, delays, or problems in providing the   Service that arise from the quality, reliability, or currency of the transferred data, including, without limitation,   late fees for payments that are delayed due to the conversion of inaccurate or outdated payee data.   6. If Client purchases “Expedited Payment Services”, the following subsections shall apply:   6.1 Subject to the specifications of Client, Customers may incur fees for some or all types of Expedited   Payments. Fees will be collected directly from the Customer on behalf of Client as a separate transaction to the   Customer’s funding account, and will be initiated upon receipt of the Expedited Payment request. If FIS’s ACH   debit to a Customer’s account for the convenience fee is returned to FIS unpaid, or FIS is otherwise unable to   collect the convenience fee from a Customer, then Client is solely responsible for further collection of the fee.   FIS will settle with Client on a monthly basis for the total of Expedited Payment convenience fees collected   throughout the month. If FIS has settled with Client for a convenience fee which was later determined to be   uncollectible, Client will reimburse FIS.    6.2 Expedited Payments are available for a limited number of payees. Availability of Expedited Payment   options will be limited based on biller capabilities, time of day, payment delivery mechanisms and other factors.   Expedited overnight checks will be unavailable for delivery to PO Box addresses or locations in AK, HI, or any   foreign or U.S. territory outside of the contiguous 48 states and District of Columbia. The Customer is   responsible for entering and verifying any address for overnight check payments to ensure it is correct and is   specified as a valid overnight package address by the biller.    6.3 Due to the inherent need to expedite the payment, payment instructions will be completed immediately   upon submission of a request from a Customer. The Customer will not have the ability to edit or cancel the   payment instruction after he has confirmed the payment request.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 93      PAYMENT MANAGER SERVICE LEVELS       1. GENERAL PROVISIONS   1.1 Definitions.  In addition to the terms defined in Section 2 of this Exhibit, the following terms have the   following meanings and shall be equally applicable to the singular and plural forms:   (A) “Availability” shall mean the time when the network, database and other elements of the Service   under direct FIS control are: (i) available to Client and Customers, (ii) are responsive to remote   inquiries, and (iii) functioning normally in all other material respects as defined in each   description of each service level (“Service Level”) set forth in this Exhibit.   (B) “Business Day” shall mean each Monday through Friday except holidays recognized by the   Federal Reserve Bank of Chicago.   (C) “Emergency Maintenance” shall mean cases in which an emergency outage was deemed   necessary by FIS and that outage occurred outside of the System Maintenance Window.   (D) “Final Resolution” shall mean the status of a payment research case, in which FIS has   confirmed that the payee has posted the payment, funds have been refunded to the Customer,   or the payment has been reissued to the correct payee, as applicable. Additionally, Final   Resolution will include situations where FIS has notated and routed the case back to Client for   additional information, authorization or at Client’s request, or FIS has provided the payee with   proof of payment documentation necessary for the payee to correctly post the payment to the   Customer's account at the payee.   (E) “Handle” shall mean the status of items fully brought to resolution and items that require more   information from the Customer (via Client) or payee before claim can be brought to resolution.   (F) “Scheduled Downtime” shall mean any period of non-Availability due to scheduled maintenance   as set forth in each description of each Service Level set forth in this Service Level Exhibit and   other maintenance periods agreed to in writing in advance by the parties.   (G) “Scheduled Hours of Availability” shall mean the period of time during which Availability is   measured for a given Service Level as set forth in each applicable description of each Service   Level set forth in this Service Level Exhibit.   (H) “Service Level Failure” occurs whenever FIS fails to meet a Service Level. FIS shall be excused   for a Service Level Failure to the extent the Service Level Failure is attributable to an event of   force majeure or acts or omissions of Client.   (I) “System Maintenance Window” shall mean scheduled outages for which FIS needs to perform   regular, technical maintenance.  The System Maintenance Window is Sundays between 2:00   a.m. and 6:00 a.m. CT except once a month where FIS may use an extended System   Maintenance Window for the purposes of major infrastructure or application upgrades.  The   Service may be down during the System Maintenance Window.   1.2 Reporting On Service Levels   (A) Except as otherwise expressly provided in this Service Level Exhibit, all Service Levels shall be   measured consistently on a calendar month basis.  No later than thirty (30) days following the   end of each month, FIS shall provide Client with a monthly performance report for the Services,   which report shall include its performance with respect to each of the Service Levels, including:    (i) FIS’s performance against, and calculations with respect to, each Service Level during the   preceding month and prior months; and (ii) Service Level Failures occurring during the   preceding month.  Such measurement, monitoring and reporting shall permit Client to verify   compliance with the Service Levels.   (B) FIS shall promptly investigate, assemble, and preserve pertinent information with respect to   reporting on the causes of performance related failures associated with Service Levels,   including performing and taking appropriate preventive measures to prevent recurrence.  In   addition, FIS shall provide Client with communications as soon as reasonably practicable with   respect to issues that impact or could reasonably be expected to impact Client.  FIS shall use     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 94      commercially reasonable efforts to minimize recurrences of such failures for which it is   responsible.  Client shall use reasonable efforts to correct and minimize the recurrence of   problems for which Client is responsible.  FIS shall use commercially reasonable efforts to   resolve all problems and requests within the scope of Services notwithstanding whether any   Service Level has or has not been met, and shall notify Client promptly of any such unresolved   issues known to it.   1.3. Additions or Modifications to Service Levels   (A) Replacement Systems.  In the event that any applicable system or function used by FIS to   provide a Service is replaced during the term by a comparable system or function, the Service   Level shall, to the extent reasonably practicable, be defined during the first sixty (60) days of   operation of such replacement system or function, provided that such Service Level shall be   established at a level intended to achieve performance at least the same as or better than   performance under the Service Level associated with the replaced system or function.   (B) Documentation of Changes.  Any additions or modifications to Service Levels shall be   documented in a written amendment to this Exhibit.   2. SERVICE LEVELS   2.1.    Payment Manager Availability Service Level.  FIS shall make access to the Service available twenty-   four (24) hours a day, seven (7) days per week, less: (i) the System Maintenance Window and (ii)   excusable downtime resulting from events beyond FIS’s reasonable control (the “Availability Period”).  The   Service Level for Payment Manager Availability is ninety-nine percent (99.5%) during the Availability   Period, measured monthly, based on a system wide average.   2.1.1   Availability Service Level Credit. In the event that FIS fails to meet the Payment Manager   Availability Service Level for a period of two (2) consecutive months, Client shall be entitled to   receive a credit in accordance with the following schedule as liquidated damages and not as a   penalty, with the credit being calculated on the basis of the monthly service charge for the   affected Services for the second consecutive month in which FIS failed to reach the required   Service Level.                                  2.2. Customer Care Center (Tier One) Service Level. If applicable, FIS shall answer eighty-five percent   (85%) of inbound calls received each month within thirty (30) seconds, measured monthly within the   shared environment.  The monthly average abandoned call rate shall not exceed five percent (5%) of all   incoming calls (does not include calls answered by an automated response unit) within the shared   environment.  The abandon rate refers to how many callers hang up before speaking with an agent. The   standard hours of operation for the FIS customer care center shall be twenty four (24) hours a day, seven   (7) days a week excluding the following holidays: New Years Day, Easter, Memorial Day, Independence   Day, Labor Day, Thanksgiving Day and Christmas Day.  On these holidays, the FIS customer care center   will close at 11:00 p.m. CT the night before the holiday and will reopen at 11:00 p.m. CT the day of the   holiday.   2.3. Standard Payment Research Service Levels   (A) FIS shall begin resolution of Client or Customer initiated research within three (3) Business   Days, ninety-seven and five-tenths percent (97.5%) of the time and will reach Final Resolution   within forty-five (45) calendar days, ninety-seven and five-tenths percent (97.5%) of the time,   after the initial contact to FIS Customer Service by Client or Customer, during normal business   hours, during the calendar month, within the shared environment.   Service Level Credit   >99.5% *****%   >99.25% and <99.5% *****%   >99.0% and <99.25% *****%   <99.0% *****%     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 95      (B) Payment research investigations will be accepted as early as five (5) Business Days from the   date the payment is remitted by FIS (“Payment Processing Date”) for electronic payments and   eight (8) Business Days from the payment file cut date for payments made by check.  Any   payment research investigations received before the lead times stated in the prior sentence will   not be included in the Service Level calculations.   2.4. Escalated Payment Research Service Level. FIS shall Handle all claims that Client opens in an   escalated status (only available for mortgage or insurance payments) within one (1) Business Day after the   initial Customer contact ninety percent (90%) of the time. The Escalated Payment Research Service Level   is measured by calendar month, within the shared environment.   3. Payment Guarantee   FIS will bear responsibility for any late payment related charges up to Fifty Dollars ($50.00) should a payment   post after the Payment Date or Payment Delivery Date (defined below), provided that the payment was   scheduled and the payee information was maintained in accordance with the guidelines described below.         Reason for Late Payment   Responsibilities for Paying    Late Charges/Penalties    FIS Client or Customer   Not Sent as Scheduled X    Incorrect Information Supplied by FIS X    U.S. Mail or Overnight Carrier Delay  X   Delay by payee  X   Intervention by Client  X   Incorrect Entry by Client  X   Scheduled Incorrect Number of Days before Due Date  X   Scheduled Incorrectly  X   Incorrect Information Supplied by Customer  X   For purposes of this Section 3, certain terms are defined as follows:   “Payment Date” is the date that Client or Customer requests that a payment be completed.   “Payment Due Date” is the date on which a payment is due, as set by the applicable payee, or if such day is   not a Business Day, the most recent Business Day preceding such date.   “Payment Delivery Date” is either (i) the date disclosed by FIS as the date on which the payment will be   delivered to the payee, or (ii) the date determined according to the lead days and cut-off times required for the   applicable payee.   In the event that FIS is responsible for a late charge according to the above chart, FIS will reimburse any   payee-imposed late fees, up to $50.00, incurred by any Customer provided that the (i) Payment Date occurs at   least one day prior to the Payment Due Date; or (ii) Payment Delivery Date occurs at least one day prior to the   Payment Due Date.   Notwithstanding the foregoing, FIS will not reimburse any amount of late fees in connection with court ordered   payments, payments to government entities, internet gambling sites, or any other payment that violates state or   federal laws or regulations.      FIS reserves the right to require proof of payment of any late fee by a Customer prior to reimbursing Client or   the Customer.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 96       PRINT, MAIL AND MESSAGING SERVICES ADDENDUM      1. Introduction. INDEPENDENT BANK CORP. of Rockland, MA (“Client”) engages FIS to provide its print   and mail services indicated in the pricing attachment (“Service(s)”) in accordance with this Print, Mail and   Messaging Services Addendum (“Addendum”). This Addendum is a part of the Information Technology   Services Agreement described on the signature page to which this Addendum is attached (“Agreement”), and   capitalized words not otherwise defined herein have the meaning set forth in the Agreement. The General   Terms apply to the Services provided pursuant to this Addendum.   2. Data.   2.1 FIS shall store Item Data on electronic media for a period of no more than ninety (90) days following   processing. Except to the extent that FIS has agreed to retain copies of Data provided, Client shall maintain a   copy of all Data submitted to FIS (whether directly or through a third party) to permit reconstruction if ever   required. Client assumes all risk and expense associated with Data reconstruction, except for those expenses   incurred as a direct consequence of FIS’s material breach of this Addendum. If Data reconstruction is ever   required, the parties must mutually agree on a schedule for that reconstruction.   2.2 Client will ensure all Items and other documents or media which FIS may be required to process under   this Addendum are in a format acceptable to FIS and contain, in machine readable form, the Data and   information required by FIS, and validate that appropriate personnel of Client are properly trained to utilize   these Services.   3. Services.   3.1 FIS shall follow procedures and time schedules it deems appropriate to timely print and mail Client’s   documents on a periodic basis in accordance with the Service Level Agreements entered into in connection   herewith. FIS shall print and mail documents pursuant to the frequency schedule agreed by the parties, but in   no event later than one (1) day after the date agreed to by the parties. FIS shall be responsible for supplying all   materials for printing and mailing, except that Client shall be responsible for reimbursing FIS for all Client   printing and mailing materials remaining in inventory upon termination of this Addendum.   3.2 If Client purchases the “Premium Messaging with Web-based Message Management” Service, the   following subsections apply:   3.2.1 FIS shall provide Client with premium messaging services with message management access   via URL (“Premium Messaging with Web-Based Message Management”) for certain document types which are   printed and mailed by FIS. Message content must be entered into web-based messaging application and   received by FIS at least five (5) business days before the document cycle date in which the content will be   used. FIS will test the content and notify Client via email within two (2) business days of Client’s submission   with its test results. In order for message content to be included in a document cycle, it must be in final form   two (2) business days before the document cycle date in which the content will be used.   3.2.2 Client is solely responsible for the message content, including, without limitation; (i) the accuracy,   completeness, compliance, and layout of any content provided; (ii) Client’s rights to use such content. Client   will not provide any content which (a) is obscene, threatening, malicious, libelous, or otherwise objectionable in   any manner, (b) violates applicable Laws or any international law or regulation, (c) infringes upon the   proprietary rights of any third party, or (d) otherwise exposes FIS to civil or criminal liability.   3.3 If Client purchases the “Message Programming Services” Service, the following subsections apply:   3.3.1 Premium Messaging is required in order for Client to receive Message Programming Services.   3.3.2 FIS shall provide Client with message programming services (“Message Programming Services”)   for certain document types which are printed and mailed by FIS. Message content must be received by FIS at   least ten (10) business days before the document cycle date in which the content will be used. FIS will program   and test the content and notify Client via email within five (5) business days of Client’s submission with its test   results. In order for message content to be included in a document cycle, it must be in final form two (2)   business days before the document cycle date in which the content will be used.   3.3.3 The provisions of subsection 3.2.2 also apply to Message Programming Services.   3.4 If Client purchases the “Document Campaign Management” Service, the following subsections apply:     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 97      3.4.1 Premium Messaging is required in order for Client to receive Document Campaign Management.   3.4.2 The provisions of subsection 3.2.2 also apply to Document Campaign Management.   3.5 If Client purchases the “Tax Statement Processing Services” Service, the following subsections apply:   3.5.1 FIS shall follow procedures and time schedules it deems appropriate to timely process Client’s   tax statements in accordance with the Specifications. FIS shall print and mail documents pursuant to the   frequency schedule agreed by the parties. FIS shall be responsible for supplying all materials for printing and   mailing.   3.5.2 If FIS provides core processing services to Client, the IRS statement print files will be transmitted   via secure Internet FTP or secure FIS communications network from FIS’s core system to its data center for   printing; otherwise, Client shall transmit the IRS statement files to FIS by the date that is mutually agreed to by   both parties hereto.   3.5.3 FIS will: (i) separate “no print” and “no mail” exception tax statements; (ii) create   sequence/tracking numbers and add them to the address block for quality control and audit purposes;   (iii) balance the number of (a) records received in the file, (b) laser printed statements, and (c) page-counts;   and (v) fold, insert and meter the tax statements.   3.5.4 Postage fees are in addition to the fees set forth in the pricing attachment and will be charged at   the lowest United States Postal Service automation rates available and applicable. All mail pieces that do not   have a standardized address will be charged at the standard full postage rate and not at the applicable   automation rate. Rejects resulting from incorrect addresses may be mailed at higher non-automation postage   rates.   4. Timeframes and Hours of Operation. Except for those holidays recognized by the U.S. Federal Reserve   Bank, FIS will operate on the following days of the week: (i) non month-end, non quarter-end, non year-end on   Monday through Friday: and (ii) month-end, quarter-end, year-end on Monday through Saturday.   5. Limitation of Liability. In lieu of Section 11.1 of the General Terms, FIS’s sole obligation under this   Addendum shall be to correct errors or deficiencies in the Service. In the case of loss or destruction of Client   Data, FIS’s liability is limited to reprocessing such input Data if commercially reasonable, and/or replacement of   the actual media on which the Data was stored. Reruns necessitated by incorrect input media or incorrect data   format submitted by Client to FIS will be charged to Client by FIS at regular processing charges. FIS’ liability for   loss or destruction of Client Data shall be limited pursuant to Section 16.5 of the General Terms and   Conditions.   6. Service Levels.   6.1 Turnaround Time. Except as otherwise set forth above, the statement/document print text files shall be   transmitted to FIS the first business day following the statement/document cycle date by 6:00 a.m. CT. Such   statements/documents will be processed, printed, folded, inserted and delivered to the U.S. Post Office within   the next one (1) to three (3) U.S. Postal Service automated mail acceptance days from the time such file(s) are   received by FIS. U.S. Postal Service automated mail acceptance days do not include Saturdays, Sundays or   U.S. Government holidays. The business day in which the approved statement or notice files are received by   6:00 a.m. CT is considered day zero. The next business day after the statement or notice files are received is   considered day one.   6.2 Service Level Credit. In the event that any of the statements/documents are mailed more than two (2)   days late due solely to the fault of FIS, Client may request and will be entitled to receive a processing credit   equal to ***** percent (*****%) of that month’s computer processing, laser printing, folding, inserting, mail   preparation and postal presorting charges (“Processing Charge”) for such late statements/documents for each   business day that FIS is late in mailing such statements/documents. In no event shall the total of any such   credits exceed that month’s total Processing Charge. In no event shall Client receive a service level credit for   printing errors and a credit for late statements/documents for the same occurrence. Any such credit shall be   Client’s sole and exclusive remedy. The service level credits described in this section shall not apply during the   first sixty (60) days following the Commencement Date.   6.3 Exceptions to Service Levels. Client acknowledges and understands that no service level credit shall   be granted to Client, if and to the extent that, at any time: (i) Client breaches or fails to perform its obligations   under this Addendum or the General Terms; (ii) processing occurs from a FIS recovery facility as a result of a   disaster; or (iii) any Force Majeure event occurs.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 98      6.4 In the event that there are three (3) or more months during any rolling twelve (12) month period in   which the monthly System Availability falls below ninety-four percent (94%), in addition to the aforesaid   performance credit, as applicable, Client shall have the right to terminate the Print, Mail and Messaging   Addendum.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 99       SOFTWARE LICENSE AND MAINTENANCE ADDENDUM      1. Introduction. INDEPENDENT BANK CORP. of Rockland, MA (“Client”) engages FIS and its affiliates to (i)   license the software and/or interfaces indicated in the pricing attachment and the Software supplements   (“Supplements”) that are not otherwise identified in the Horizon Software License and Maintenance Addendum,   if any (collectively, “Software”) and/or (ii) provide the maintenance services (“Maintenance”) in accordance with   this Software License and Maintenance Addendum (“Addendum”) for the Software. This Addendum is a part of   the Information Technology Services Agreement described on the signature page to which this Addendum is   attached (“Agreement”), and capitalized words not otherwise defined herein have the meaning set forth in the   Agreement. The General Terms apply to the Services provided pursuant to this Addendum.   2. License Term. Unless otherwise terminated as provided for in the General Terms or as may be set forth   herein, the license(s) granted herein shall remain in effect for a period of ninety-nine (99) years following the   Effective Date, provided however, licenses for FIS Document Management (f/k/a AccountFolio), BankerInsight,   BankTEL, TellerElite, TellerInsight, Vision, TRIPSTM Software, HORIZON Data Vaulting, Horizon 360BI, and/or   any Loan VantageTM products, and any other Software if so identified in a Supplement or pricing attachment,   shall not be for a period of ninety-nine (99) years but shall be valid only for the term applicable to Maintenance.   3. Commencement.   3.1 For Software not in production as of the Effective Date, the “Commencement Date” for Software is the   earlier of: (i) the date the Software is delivered to Client; (ii) in the event FIS provides implementation and/or   data conversion services, the date the Software is first installed and available for Client’s use in a production   environment; or (iii) the commencement date agreed upon by the parties in writing. In the event that there is a   dispute over the Commencement Date and the parties are unable to mutually agree upon a Commencement   Date after reasonable discussion, the Commencement Date shall be deemed to be the one (1) month   anniversary of the Effective Date of this Addendum (or the one (1) month anniversary of the Effective Date of   any amendment hereto for additional Software licensed by Client after the Effective Date). If the   Commencement Date for Software is delayed for (a) more than ninety (90) days after the Effective Date (or   sixty (60) days after the agreed upon Commencement Date for a denovo client); (b) ninety (90) days after the   Effective Date of any amendment to this Addendum for additional Software; or (c) any reason beyond FIS’s   control, then: FIS may suspend delivery and/or implementation of the Software and Client shall pay any   associated one-time fees and Maintenance fees through the balance of the term applicable to Maintenance.   The Commencement Date may be rescheduled to a mutually agreed date upon request.   3.2 Client shall dedicate sufficient resources, including the assignment of adequate personnel, to   implement the Software no more than one hundred eighty (180) days following the Effective Date (or such   other date mutually agreed upon by the parties).   3.3 Except to the extent FIS has agreed to be responsible for the delivery of the Data, Client shall timely   deliver any Data or other information necessary to implement the Software in an electronic form and format   approved by FIS. Client is solely responsible for timely procuring any information or cooperation required from   its Customers and suppliers in order to implement the Software.   4. License. Subject to Client’s payment of all applicable license fees, FIS (or if applicable, one or more of its   affiliated companies) grants Client a limited, non-exclusive, and non-transferable right and license, during the   time period specified above under Section 2 above or as otherwise set forth in any pricing attachment or   Supplement, to use and/or access a single copy of the object code of the Software solely: (i) in accordance with   the terms and restrictions of this Addendum; (ii) on the equipment identified in the implementation   specifications if it is a Specified CPU License; (iii) at the site of initial installation (“Site”) if the license of such   Software is stated in the pricing attachment or Supplement to be a “Site License;” (iv) on the prescribed number   of individual workstations at a Client facility if the license of such Software it is stated in the pricing attachment   or Supplement to be “Seat License;” (v) at an unlimited number of individual workstations located at a Client   facility if the license of such Software is stated in the pricing attachment or Supplement to be an “Enterprise   License;” and (vi) for its own internal business purpose. Client shall prepare its equipment and site for   installation of the Software in accordance with the Specifications. Client may change its equipment or site only   with FIS’s prior written consent, which shall not be unreasonably withheld.   5. Acceptance. Client is solely responsible for independently determining if the Software meets its needs and   requirements. Client shall verify that the Software complies with the Specifications within thirty (30) days of its   delivery. Client shall have conclusively accepted the Software if Client: (i) fails to give FIS written notice of any     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 100      material non-conformity with the Specifications (“Defect”), which notice details such Defect, during that thirty   (30) day period (or within ten (10) days following FIS’s correction of the last reported Defect); or (ii) uses the   Software to process data for production purposes.   6. Use of Software. Client shall not directly or indirectly: (i) lease, rent, assign, sublicense, transfer, disclose,   provide, sell, market, distribute, reproduce, or copy Software, except solely for any copying that is necessarily   incidental to a permitted use of the Software hereunder or expressly permitted below in this Section 6; (ii) use   or allow Software to be used or operated by, or for the benefit of, any third party, including any direct or indirect   subsidiary or affiliate, or any successor or parent company; (iii) use Software in the operation of a service   bureau; (iv) reverse engineer, decompile, disassemble, or otherwise attempt to derive the source code for the   Software; or (v) modify, adapt, alter, translate or create derivative works from or otherwise alter the Software.   Client may make a single copy of the Software in machine-readable form for disaster recovery and general   backup purposes. That copy may be installed on a backup server or system for use solely when approved   equipment is inoperable or unusable. Only one (1) copy of Software may be utilized for production purposes.   7. Rights. The license granted to Client hereunder does not assign, transfer, convey or grant any rights, title,   interest, lien, or encumbrance of any kind, express or implied, to any system, assembly, circuit, combination,   method or process of which the Software is a component, all of which are reserved. Client shall keep the   Software free and clear of any claim, lien or encumbrance, and any act by Client purporting to create such a   claim, lien or encumbrance shall be void from its inception.   8. Exclusive Control. Software shall remain under the exclusive control and custody of Client at all times,   and Client shall keep it in a secure place under appropriate access and use restrictions. Client shall   immediately notify FIS of any possession or use of Software not specifically authorized by FIS.   9. Modifications. All modifications, customizations, improvements, upgrades, updates, corrections,   enhancements and changes made or relating to, and any derivative work from, any part of the Software   (“Modifications”) shall be owned solely and exclusively by FIS regardless of who created them or the medium of   expression. Client shall have no right to make Modifications for any purpose. Client shall have a non-exclusive,   non-transferable, and royalty-free license to use such Modifications that are provided by FIS to Client in   performance of the Agreement solely for Client’s own benefit in accordance with the license of the Software.   Notwithstanding the foregoing, Client irrevocably assigns, transfers, and conveys to FIS all of Client's right, title,   and interest in any Modifications, including, without limitation, all rights of patent, copyright, trade secret, know-   how, and other intellectual property and proprietary rights therein, thereto, or covering same. Client shall   execute any appropriate documents and take any action reasonably requested by FIS in order to perfect FIS’s   ownership in the Modifications. This Addendum does not limit or restrict FIS from developing or marketing the   Software or any Modifications, or any similar programs, materials or information, free of any compensation,   accounting, attribution, notice or consent obligation to Client.   10. Warranty. FIS warrants that the Software will be free of Defects for a period of five (5) business days   following its acceptance (“Warranty Period”). If a Defect occurs during the Warranty Period, FIS shall, at its   discretion and as its sole obligation, either: (i) correct the Defect or replace the Software; or (ii) terminate the   license for the applicable Software and refund the fee paid for such license. During the Warranty Period, FIS   shall provide support (“Support”) consisting of telephone access to: (a) a program control center that will   receive reports of Defects during normal business hours (8:30 a.m. to 5:00 p.m., ET, Monday through Friday,   excluding any holiday recognized by the U.S. Federal Reserve Board); and (b) an emergency U.S. answering   service available at all times (24/7) for reporting Defects that cause a complete system failure. FIS will   endeavor to respond to any emergency call within two (2) hours after that call is received. FIS may also provide   on-site technical assistance at Client's request at its then-current rates.   11. Maintenance and Support. Unless specifically set forth in a pricing attachment or Supplement, FIS is   under no obligation to provide, and Client is under no obligation to purchase, Maintenance. Maintenance shall   fall within the definition of “Service” as such term is used in the General Terms and elsewhere in the   Agreement. If Client elects to receive and FIS agrees to provide Maintenance, and the associated fees are   current and fully paid, FIS shall provide Maintenance consisting of the: (i) provision of Support; (ii) correction of   covered Defects reported by Client; and (iii) periodic provision of Modifications made generally available at no   additional charge to clients receiving Maintenance (each a “Release”). Releases do not include: (a) new or   replacement products; or (b) new versions of Software. Client shall continuously maintain Software at the most   current or immediately preceding Release level. FIS will provide Client with a memorandum explaining the   nature of any changes made to Software and any updates to the corresponding Specifications for each new   Release. Client shall be deemed to have accepted a Release unless it notifies FIS of its rejection within thirty   (30) days following receipt.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 101      12. Defects. FIS is only responsible for correcting covered Defects that occur during the Warranty Period or for   so long as Client receives Maintenance. FIS shall make the final determination as to the existence and cause   of any Defect. FIS shall have no obligation to correct Defects unless: (i) Client provides a written description of   the Defect to FIS in sufficient detail, and with supporting documentation within two (2) business days of when   the Defect was first discovered or reasonably should have been discovered, to enable FIS to diagnose, and if   necessary, recreate it; (ii) Client installs and maintains connectivity in accordance with the Specifications; (iii)   Client reasonably assists FIS in diagnosing the Defect remotely; (iv) the Defect can be verified at FIS’s   facilities; (v) the Defect could not have been prevented by installing the most current or immediately preceding   Release level; and (vi) Client performs remedial actions reasonably requested by FIS. FIS shall begin   developing corrections for covered Defects upon verifying their existence, and shall use reasonable diligence to   complete development in a timely manner based upon their severity and impact on Client’s business. FIS may   address minor Defects that do not materially impact Client’s business or cause unreasonable disruption in a   future Release, and may provide Client with a reasonable “work around” to minimize the impact on an interim   basis. Client shall be solely responsible for installing any Defect corrections or Releases provided by FIS. In the   event an error or irregularity was not caused by FIS, Client shall pay FIS its then-current rates for diagnosing   the cause.   13. Limitation of Liability. Except for Losses subject to indemnification under Section 10.2 b(iii), FIS’s   obligations under this Addendum constitute Client’s sole and exclusive remedy for any Defects or FIS’s   provision of Software (all risk of loss having passed to Client upon delivery of the Software). FIS’s total liability   arising out of Software is limited in all cases and in the aggregate: (i) during the first year following   commencement of the license, to the amount of license fees actually paid by Client; and (ii) after the first year   following commencement of the license, to the amount of any fees paid for Maintenance during the twelve (12)   month period immediately preceding the event giving rise to the first claim.   14. Source Code Escrow. Upon request, FIS will deposit a copy of the source code for Software owned by   FIS and licensed by Client with its escrow agent so long as Client pays all associated fees and executes and   delivers all required documentation under FIS’s standard escrow terms.   15. Audit. Client shall maintain a record of the number and location of all copies of Software and shall provide   FIS with a copy of that record upon request. Such records may include, but are not limited to, the names,   addresses, contact names and phone numbers of the Software users. Client acknowledges and agrees that   FIS may be obligated under its agreements with third party software licensors, for software components which   are part of or associated with the use of the Software, to allow such licensors the right to audit FIS’s records for   access and distribution verification. Client consents to FIS’s compliance with its obligations to its licensors and   agrees to cooperate with FIS or its licensors regarding such audit efforts.   16. Mergers and Acquisitions. At Client’s request and subject to the assignment provisions in the General   Terms, FIS will provide additional licenses resulting from any merger, acquisition, affiliation or restructuring   (regardless of form) involving Client for fees to be mutually agreed upon prior to the time Client begins using   the Software in the expanded environment.   17. Termination.   17.1 If Software or Maintenance is terminated by: (i) FIS prior to the end of its term pursuant to the terms of   the Agreement, or (ii) Client prior to the end of its term (except as otherwise permitted under the Agreement),   Client shall pay FIS, in addition to any other amounts owed, liquidated damages equal to: (a) fifty percent   (50%) of all remaining amounts owing through the term of this Addendum; (b) any out of pocket expenses   directly incurred by FIS as a consequence of the termination; (c) any credits or incentives given to Client by FIS   on or before the Commencement Date of a Service; plus (d) any unpaid one-time fees relating to such   Software and/or Maintenance.   17.2 Upon the termination of this Addendum for any reason, the license(s) granted hereunder shall   immediately cease to exist. Client will promptly discontinue all use of the Software, permanently erase all   copies of the Software on any and all computers, data carriers or other medium directly or indirectly in the   possession or under the control of Client, and return to FIS or irretrievably destroy all other copies of the   Software and all related FIS Confidential Information on tangible media in Client’s direct or indirect possession   or control, and certify in writing to FIS within sixty (60) days of the date of termination that it has fully complied   with these requirements. FIS will likewise return to Client or destroy all copies of related Client Confidential   Information on tangible media in FIS’s possession or control and certify in writing to Client that it has fully   complied with these requirements.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 102       FINANCIAL ACCOUNTING SUITE powered by BANKTEL     SYSTEMS SOFTWARE SUPPLEMENT    To the Software License and Maintenance Addendum      This Financial Accounting Suite powered by BankTEL Systems Software Supplement (this “Supplement”) sets   forth additional terms and conditions applicable to the Software and Maintenance to INDEPENDENT BANK   CORP. of Rockland, MA (“Client”) and is made a part of and incorporated into the Software License and   Maintenance Addendum (the “Addendum”). All capitalized words not specifically defined herein have the   meaning set forth in the Addendum. The terms and provisions set forth in this Supplement modify and   supersede all inconsistent terms and provisions set forth in the Addendum with respect to the subject matter   hereof, and except as modified herein, all other term and conditions of the Addendum shall remain in full force   and effect.   1. Software Products. Client is granted a license to the FIS Financial Accounting Suite powered by BankTEL   Systems software (“Software”) in accordance with the terms and conditions provided herein.   2. Additional Services.   2.1 To facilitate expedient and effective installation of Software, BankTEL Systems shall coordinate and   conduct Software implementation with Client.   2.2 All End-User Training shall be provided by BankTEL Systems.   2.3 Tier I and Tier II Customer Service shall be performed by BankTEL Systems.   2.4 All Maintenance and support of the Software shall be performed by BankTEL Systems.   2.5 Upon termination of this Supplement and the License granted herein, BankTEL Systems shall provide   Client and any Software User deconversion services at the then-current rates for such services.   2.6 Client Responsibilities. Client shall: Provide such equipment as may be necessary to install Software   and immediately implement all Software releases. Failure of Client to install any Software Release shall relieve   FIS and BankTEL Systems of any responsibility or liability for any improper operation or malfunction of   Software resulting from Client’s failure to install and operate the most current Software release.     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 103       XPRESS DEPOSIT SERVICES ADDENDUM      1. Introduction. INDEPENDENT BANK CORP. of Rockland, MA (“Client”) engages FIS to provide check   deposit imaging through its Xpress Deposit remote deposit system indicated in the pricing attachment   (“Service(s)”) which allows enrolled End Users (defined below) to scan checks for deposit using TWAIN-   compliant scanners and FIS certified smart phones in accordance with this Xpress Deposit Services Addendum   (“Addendum”). This Addendum is a part of the Information Technology Services Agreement described on the   signature page to which this Addendum is attached (“Agreement”), and capitalized words not otherwise defined   herein have the meaning set forth in the Agreement. The General Terms apply to the Services provided   pursuant to this Addendum.    2. Services.   2.1 FIS will set up and provide access to and use of the Xpress Deposit system for servicing Client’s   customers (“End Users”), and follow procedures and time schedules it deems appropriate to timely provide the   Service. FIS will use commercially reasonable efforts to brand Xpress Deposit with Client’s logo and colors and   Client hereby grants FIS a non-exclusive, limited license to use certain of its service marks and trademarks (if   any) solely in connection with the Service. FIS will, upon Client’s request, provide scanners at its then-current   prices, which will capture images of paper checks, substitute checks (image replacement documents or IRDs),   and accompanying data, if any, meeting the requirements of the Check Clearing for the 21st Century Act   (“Check 21”) presented to End Users on which is recorded information evidencing withdrawals from or drafts   against demand deposit accounts or other checking accounts drawn on U.S. financial institutions (“Check(s)”)   in their digital representations (“Check Images”) and enable review and keying of magnetic ink character   recognition (“MICR”) data by Client.   2.2 The Xpress Deposit system will (i) support FIS-certified smart phones and TWAIN-compliant and other   FIS certified scanners connected via a secure Internet connection; (ii) process captured Check Images and   enable review, keying of the MICR data and other data by Customers, and approval of deposits by Client; (iii)   convert Check Images to an X9.37-formatted file (electronic cash letter file that contains image data) or ACH   electronic transaction; (iv) provide access to archived Check Images for twenty-four (24) months; and (v)   provide access to then-standard reports.   2.3 Client shall restrict usage of Xpress Deposit to its stated purpose and execute a written agreement with   each of its End Users using the Service that is consistent with this Addendum. Each End User agreement shall,   at a minimum, set forth: (i) the obligations of each End User to comply with applicable Check 21 and ACH rules   and federal and state laws, rules and regulations and (ii) a disaster recovery procedure administered by Client   that allows End Users an alternative method to deposit Checks in the event of equipment failure,   telecommunications failure or outages and other system problems that may arise. Client shall not make any   commitment to an End User that exceeds or conflicts with the commitments made by FIS to Client pursuant to   this Addendum or any warranties or representations on behalf of FIS.   2.4 Client shall have sole responsibility for installing, training and supporting its End Users using the   Service and for informing its End Users in writing that use of the Service is dependent on broadband Internet   connectivity, and that End Users are responsible for trouble shooting Internet connectivity issues with Internet   Service Providers (ISPs). Client shall adhere to FIS recommendations regarding procedures, scanners, other   hardware, software, minimum specifications, and telecommunications. Client shall be solely responsible for   obtaining FIS-approved communications equipment or services necessary for Client’s and End Users’ use of   the Service in accordance with the Specifications. Client’s or End Users’ failure to maintain the communications   equipment or services may result in Service failures and/or additional fees. Client shall have sole responsibility   for ensuring its End Users properly endorse and submit Check Images and other data and submit the Check   Images to FIS by the deadline for processing on the same day. Client shall direct FIS to submit Check Images   for collection using one of the FIS-certified methods as specified in the pricing attachment.   2.5 Client acknowledges that the Service does not detect fraudulent Checks nor does FIS indemnify Client   against any claims including those filed under Check 21 or ACH rules and regulations. Client acknowledges   and agrees that use of Xpress Deposit will not eliminate the risk or exposure that is inherent in Client’s check   processing services. Client agrees to accept full responsibility for the payment of all Checks processed using   the Service.    2.6 WITH RESPECT TO COMPUTER HARDWARE AND SOFTWARE SUPPLIED BY THIRD PARTIES   AND USED IN CONJUNCTION WITH THE SERVICE UNDER THIS XPRESS DEPOSIT ADDENDUM, FIS     

 

                        CONFIDENTIAL TREATMENT HAS BEEN REQUESTED   EID: 2685  PLID: 248707         **FISApprovedDocuSignForm** Prepared for: Independent Bank Corp. Page 104      DOES NOT MAKE ANY REPRESENTATION OR WARRANTY WHATSOEVER ABOUT THEIR   PERFORMANCE OR LEGAL OR REGULATORY COMPLIANCE, AND FIS SPECIFICALLY DISCLAIMS ALL   IMPLIED WARRANTIES INCLUDING MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.   Client acknowledges that FIS has no duty or responsibility to modify any such third-party product, except to the   extent that the vendor thereof has such a duty or responsibility to modify such product pursuant to the   applicable agreement between FIS and such vendor.    2.7 If Client purchases an “Advanced Authentication Service” (“Authentication Services”), the following   subsections apply:   2.7.1 The following terms apply to any Out-of-Band Authentication Services provided by FIS:     (i) The Out-of-Band Authentication requires that accurate End User phone numbers are available for   the Out-of-Band Authentication. Client is solely responsible for providing accurate End User phone numbers.   FIS shall have no obligation to audit, check or verify End User phone numbers.   (ii) Client shall (a) have a legitimate business purpose for any use of the Out-of-Band Authentication;   (b) obtain permission from End Users for the use of the End User phone number and other contact information   in connection with Client's use of the Out-of-Band Authentication; and (c) be responsible for providing all   appropriate privacy or other notices to End Users including, without limitation, notices that the Out-of-Band   Authentication may cause End Users to incur phone or sms related charges.   2.7.2 In connection with the provision of Authentication Services, FIS may provide to Client, software,   technology, and/or services that FIS procures from a third party (“Third Party Contribution”).  FIS agrees to   pass on to Client, to the extent permitted, any right of Client to be defended and/or indemnified by such third   party against any claim, action, proceeding, damages, or liability based on or resulting from any Third Party   Contribution, upon Client's express written request, provided, however, that, notwithstanding anything herein,   FIS does not assume or accept any liability or responsibility, and shall not be liable or obligated, for any   obligation, liability or claim arising from or related to, in whole or in part or in any combination with any software,   technology, and/or services, any Third Party Contribution or any use or application thereof, including, without   limitation, under  indemnification and defense provisions of the Agreement.   3. Timeframes and Hours of Operation. FIS will provide Client and its End Users with access to the Service   24x7, and Client with telephone support between the hours of 8:00 a.m. through 10:00 p.m. ET, provided   however, that FIS reserves the right to suspend availability of the Service for brief periods of time for purposes   of maintenance. FIS will use reasonable efforts to notify Client in advance of any scheduled maintenance and   will use reasonable efforts to: (i) limit the number of hours of scheduled maintenance each month; and (ii)   schedule maintenance during off-peak usage. Notwithstanding the foregoing, FIS is not responsible for the   inability of Client or End Users to access the Service due to difficulties or problems beyond the reasonable   control of FIS. FIS will provide telephone support to End Users for an additional fee as set forth in the pricing   attachment.    4. Training. FIS shall provide up to two (2) business days of remote installation training to Client. Additional   remote or on-site training will be provided at FIS’s then-current rates, if requested by Client. Training for Client’s   End Users is available at FIS’s then-current rates.   5. Fees. Client shall pay FIS its then-current fees for providing any archived Checks after this Addendum is   terminated. All fees shall be settled or paid in accordance with the General Terms.     

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  1 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED        Certain portions of this exhibit, marked with {****}, have been omitted based upon a request submitted to the SEC for confidential treatment of certain non‐public information contained herein.  The non‐public information has been filed with the SEC as part of the request for confidential treatment     INVESTMENT SUMMARY       Description   Monthly/Occurrence   Investment   One Time   Investment   Total HORIZON Products and Services Investment $******** $********   Total HORIZON Standard Third Party Interface Investment $******** $********   Total HORIZON Business Continuity Services Investment $******** $********   Total FIS Regulatory Solutions Investment $******** $********   Total BankTEL Financial Suite Investment $******** $********   Total Item Processing Investment $******** $********   Total Item Processing - Ancillary Capture Products Investment $******** $********   Total EFT Processing Investment $******** $********   Total Payment Manager (Consumer) Investment $******** $********   Total Payment Manager (Business) Investment $******** $********   Total Remittance Processing Investment $******** $********   Total FIS Output Solutions - eDelivery Services Investment $******** $********   Total FIS Output Solutions Investment $******** $********   Total Decision Solutions Investment $******** $********       Total FIS Investment  $******** $********       Assumptions Regarding Overall Product Offering:       1.   All software is tested on the standard minimum desktop configuration as outlined by Microsoft Corporation.   2.   All PC products will be installed on each workstation (if needed) by Client personnel.   3.   Browser based applications are certified on the latest version of Internet Explorer.       Assumptions Regarding Overall Fee Schedule:       1.   All stated fees subject to annual price adjustments pursuant to the Agreement.   2.   Disclosed Asset size is $6,103,000,000 as of April 2014.   3.   All travel and travel related expenses are not included with any of the products outlined above.  They will be invoiced on a pass-through basis.   4.   Pricing subject to change if any assumptions are not valid as stated in this Attachment.   5.   Tax and Shipping Charges are not included as part of this pricing.   6.   Additional Services not listed in this pricing agreement with any of the products outlined above are available at then current rates.   7.   Additional implementation fees, which are not included in this proposal, may be applicable for a Holding Company.   8.   Third Party fees are not included in this proposal and are the responsibility of the Client.   9.   Volumes for all product offerings listed in this Pricing Attachment are estimates only and will be billed based on the actual usage.   10. Pass through fees are not included in FIS pricing but may be included (pass thru) on the FIS invoice.   11. Network services are not included in this Attachment.  If needed, a separate fee schedule may be generated.     

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  2 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             HORIZON Products and Services        Description   Monthly Investment License/Implementation   1 = Yes or   Estimated   Volume   Monthly   Maint   Fee       Monthly   Investment   One Time   License   Investment   One Time   Impl   Investment   CornerStone   Production Server (1 LPAR/Region Incuded) ********* $******** $******** ********* *********   HORIZON Data Vaulting (iSeries Package) (CPU License) ********* $******** $******** ********* *********   Includes:   -********* -*********   -********* -*********   -********* -*********   Data Vault Stored Volume (Graduated)   0000 - 0010 Gigabytes ********* $******** $******** ********* *********   0011 - 0015 Gigabytes ********* $******** $******** ********* *********   0016 - 0025 Gigabytes ********* $******** $******** ********* *********   0026 - 0050 Gigabytes ********* $******** $******** ********* *********   0051 - 0100 Gigabytes ********* $******** $******** ********* *********   0101 - 0150 Gigabytes ********* $******** $******** ********* *********   0151 - 0200 Gigabytes ********* $******** $******** ********* *********   0201 - 0250 Gigabytes ********* $******** $******** ********* *********   0251 - 0300 Gigabytes ********* $******** $******** ********* *********   0301 - 0400 Gigabytes ********* $******** $******** ********* *********       Total HORIZON Products and Services $******** $******** $********       Assumptions Regarding HORIZON Products and Services:       1.   Monthly pricing includes an average unit fee discount of *********% (may vary based on required minimum).   2.   CornerStone maintenance is performed on a semi-annual basis and includes: environment review, performance review, and installation of IBM program   temporary fixes.   3.   All HORIZON Data Vaulting Software sold separately which include Support and Maintenance.  After the initial maintenance period Client will be billed   maintenance annually at then current rates.   4.   Communications between the local vault and the WAN vault is via Internet.  Client provides sufficient Internet bandwidth to transmit backups to the base   vault or funds a separate, non-Internet, network connection.   5.   Any hardware or appliance utilized in conjunction with software or service is quoted separately either via sales order or separate line item.     

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  3 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             HORIZON Standard Third Party Interface Offerings        Description   Monthly Investment Impl Investment   1 = Yes or   Estimated   Volume   Monthly   Maint   Fee       Monthly   Investment   One Time   FIS   Investment   One Time   Third Party   Investment   Interfaces   EFT Card Instant Issuance  - Harland Card@Once (Single Bank) ********** $********* $********* ********** *********       Total HORIZON Standard Third Party Interface Offerings $********* $********** ******       Assumptions Regarding HORIZON Standard Third Party Interface Offerings:       1.   All other services (e.g. new interfaces, one-time programming) will be quoted on a time and materials basis.   2.   All monthly fees are for host interface and maintenance support.  Communication fees (if applicable) are not included in this proposal and will be priced separately.   3.   One-time Third Party fees are estimates and subject to change due to final pricing by third party and are the responsibility of the client.   4.   License and Maintenance Fees for all other products are the responsibility of the Client.   5.   Third Party Interface Installation fees are an estimated cost based on Standard Third Party Interface, actual charges may vary after further analysis of specifications.   6.   Third Party software installation is the responsibility of the Client.   7.   All General Ledger transactions generated by third party products (e.g., Accounts Payable, Fixed Assets, etc.) must use the alternate transaction entry   functionality within the Integrated Transaction Processing system (iTP).  iTP is a standard system within the HORIZON Banking System.     

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  4 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             HORIZON Business Continuity Services        Description   Monthly Investment Impl Investment   1 = Yes or   Estimated   Volume   Monthly   Unit   Fee       Monthly   Investment   One Time   Impl   Fee   Total   Impl   Investment   Recovery Service - IBM Power System Recovery HORIZON Open Accounts (Static)   0 - 10,000 **********- $********* $********* **********- **********-   10,001 - 20,000 **********- $********* $********* **********- **********-   20,001 - 30,000 **********- $********* $********* **********- **********-   30,001 - 40,000 **********- $********* $********* **********- **********-   40,001 - 50,000 **********- $********* $********* **********- **********-   50,001 - 100,000 **********- $********* $********* **********- **********-   100,001 - 150,000 **********- $********* $********* **********- **********-   150,001 - 200,000 **********- $********* $********* **********- **********-   200,001 - 250,000 **********- $********* $********* **********- **********-   250,001 - 300,000 **********- $********* $********* **********- **********-   300,001 and Over **********- $********* $********* **********- **********-   Includes:   - Full recovery of iSeries hardware including IBM operating System and any FIS iSeries based Software   - Comparable Tape Drives   - Laser printer and line printer   - Operator (1) Console   - Four (4) Workstations with access to iSeries, Internet, and standard Microsoft Office applications   - Optional access FedLine Advantage   - 2 day(s) of 8 hours each of annual exercise period increments.  Remote testing available for no additional fees.       Total HORIZON Business Continuity Services Offerings  $********** $**********       Miscellaneous Fees   Declaration Fees - HORIZON Core (Per Declaration) $**********   Daily Usage Fees - Hot Site $**********   Daily Usage Fees - Cold Site $**********   Daily Additional Exercise Periods Usage Fees - HORIZON Core $**********       Assumptions Regarding HORIZON Business Continuity Services:       1.   Monthly pricing includes an average unit fee discount of *****% (may vary based on required minimum).   2.   Additional Exercise Periods must be scheduled at the time annual exercise is scheduled.   3.   Primary Hot Site will be located in Orlando, Florida.   4.   Service includes a Windows server managed by FIS for Served Windows Client and the integrated Deposit Origination (iDO) Merge Server (if applicable)   at the recovery location.  A TCP/IP connection from the Client site to the recovery location is a pre-requisite.     

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  5 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             FIS Regulatory Solutions        Description   Monthly Investment License/Implementation   1 = Yes or   Estimated   Volume   Monthly   Maint   Fee       Monthly   Investment   One Time   License   Investment   One Time   Impl   Investment   FIS Regulatory Solutions (Enterprise License)   CallReporter Premier - Core Report ********* $******* $******* ********* *********   Y9 Reporter ********* $******* $******* ********* *********   FIS Regulatory Advisory Services   Compliance Advisory Subscription ********* $******* $******* ********* *********       Total Reporting $******* $******* $*******       Miscellaneous Fee Schedule   FIS Regulatory Solutions Shipping (Per Item/Per Update) $*******       Assumptions Regarding FIS Regulatory Solutions:       1.   FIS Regulatory Solutions Products and Services will be billed separately on an annual basis.   2.   FIS Regulatory Solutions are priced as a down-load solution. If Client chooses a disc to be mailed will be subject to Shipping and Handling fees, per disc, per update.   3.   Use of CDARS or CETO reports may be included in setup at no additional charge.   4.   Vinning Sparks Bond Accounting System report may be included in setup at no additional charge for use with TimeSaver Premier to import data to   Schedule RC-B.   5.   A separate agreement for Partnership Solutions such as: Competitive Brief, Digital Compliance, BankersGPS or RiskGPS will need to be signed with the   3rd party vendor.   6.   Compliance Advisory Subscription is limited to 3 individual users within each institution per contract.     

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  6 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             BankTEL Financial Suite        Description   Monthly Investment License/Implementation   1 = Yes or   Estimated   Volume   Monthly   Maint   Fee       Monthly   Investment   One Time   License   Investment   One Time   Impl   Investment   BankTEL Financial Suite (Seat License)   Accounts Payable - 2 Users (2 Included) - 2 License(s) Previously Purchased ******* $******* $******* ******* *******   Additional Products   Accounts Payable - .NET Invoice Approval (IA) ******* $******* $******* ******* *******       Total BankTEL Financial Suite Offerings $******* $******* $*******       Miscellaneous Fees   BankTEL Financial Suite Additional Licenses (Per User) $*******   Data Conversion (Per System) *******   Additional On-Site or Web Based Installation and Training (Per Day) $*******       Assumptions Regarding BankTEL Financial Suite:       1.   The BankTEL Financial Suite Setup Fee includes *******Company, and ******* days of On-Site Installation and Training.   2.   Licenses for Accounts Payable are concurrent users and can be shared.   3.   BankTEL Financial Suite products maintenance fee includes: Internet updates, telephone support, enhancements and updates.   4.   Data Conversions for each BankTEL Financial Suite product includes standard Excel import templates.     

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  7 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             FIS Item Processing        Description   Monthly Processing Investment   1 = Yes or   Estimated   Volume       Unit   Monthly   Unit   Fee   Monthly   Investment   Capture Services   Over-the-Counter Image Correction and Balancing - First 500,000 Items (Graduated) ******* ******* $******* $*******   Over-the-Counter Image Correction and Balancing - 500,001 - 1,000,000 Items ******* ******* $******* $*******   Over-the-Counter Image Correction and Balancing - 1,000,001 - 4,500,000 Items ******* ******* $******* $*******   Over-the-Counter Image Correction and Balancing - Greater than 4,500,000 Items ******* ******* $******* $*******   Inclearing Image Correction and Balancing - First 500,000 Items (Graduated) ******* ******* $******* $*******   Inclearing Image Correction and Balancing - 500,001 - 1,000,000 Items ******* ******* $******* $*******   Inclearing Image Correction and Balancing - 1,000,001 - 4,500,000 Items ******* ******* $******* $*******   Inclearing Image Correction and Balancing - Greater than 4,500,000 Items ******* ******* $******* $*******   CAR/LAR Recognition ******* ******* $******* $*******   CAR/LAR Reject Reentry ******* ******* $******* $*******   Balancing Adjustment ******* ******* $******* $*******   Additional Cash Letter Endpoints ******* ******* $******* $*******   Back Office Services   Outgoing Returns - Qualified (Paper or Electronic) ******* ******* $******* $*******   Incoming Returns (Paper Only) ******* ******* $******* $*******   Large Item Return Notification ******* ******* $******* $*******   Expedited Customer Research (Each Group of 6 Users) ******* ******* $******* $*******   Image Archive   Online Image Archive (7 Year(s)) ******* ******* $******* $*******   Image Interface Access ******* ******* $******* $*******   CD Production (Per Media for Bank Customer Use) ******* ******* $******* $*******       Subtotal Monthly Item Processing Offerings $*********     Image Exchange   Outgoing Image Item Presentment - Endpoint ******* ******* $******* $*******   Outgoing Image Item Presentment - Non-Endpoint ******* ******* $******* $*******   Incoming Image Item Presentment - Endpoint ******* ******* $******* $*******   Incoming Image Item Presentment - Non-Endpoint ******* ******* $******* $*******   Duplicate Item Assessment - Enterprise (Inclearings and Over-The-Counter - 30 Days) ******* ******* $******* $*******       Subtotal Monthly Item Processing - Image Exchange Offerings $*********       Fraud Prevention   Advanced Authentication Base Fee ******* ******* $********* $*********   Advanced Authentication Access Fee ******* ******* $********* $*********       Subtotal Monthly Item Processing - Fraud Offerings $*******       Total Monthly Item Processing Offerings $***********     

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  8 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             FIS Item Processing        Description   One Time Investments   1 = Yes or   Estimated   Volume       Unit   One Time   Unit   Fee   One Time   Investment   Summary of One Time Fees   CAR/LAR Recognition ********* ********* $******* *********   Additional Cash Letter Endpoints ********* ********* $******* *********   Outgoing Returns - Qualified (Electronic) ********* ********* $******* *********   Online Image Archive (7 Year(s)) ********* ********* $******* *********   Image Interface Access ********* ********* $******* *********   CD Production (Per Media for Bank Customer Use) ********* ********* $******* *********   Outgoing Image Item Presentment ********* ********* $******* *********   Incoming Image Item Presentment ********* ********* $******* *********   Duplicate Item Assessment - Enterprise (Inclearings and Over-The-Counter - 30 Days) ********* ********* $******* *********   Advanced Authentication Implementation Fee ********* ********* $******* *********       Total Item Processing One Time Fees $********       Assumptions Regarding FIS Item Processing:       1.   Standard Minimum Monthly Item Processing Fee of $*********.   (Image Exchange, Disaster Recovery, Teller Elite and Teller Capture are excluded)   2.   Monthly pricing includes an average unit fee discount of *********% (may vary based on required minimum).   3.   If the Financial Institution deconverts from FIS Item Processing, a deconversion fee of up to $********* would be billed and would include the coordination   of the deconversion, conference calls, information exchange and removing of all programs from FIS.  The fees do not cover services which include   licensed software, deconversion statement drops, extraction of the images from the check image archive or other tangible requests made by the client.   4.   One Cash Letter Endpoint daily included (paper or electronic).   5.   Workstations may be connected via the Client's TCP/IP wide area network to the FIS check processing center.   6.   Image Exchange services may have additional one-time and monthly fees depending on interface, transmission, and telecommunications requirements.   7.   FIS will rebill the telecommunication fees for transmitting and receiving the Image Exchange files for the Client.   8.   FIS will prepare the Federal Reserve Bank Return Item Cash Letter.  Couriers, if applicable, will be the responsibility of the Client.   9.   Disclosed Volumes as of April 2014.       Assumptions Regarding Fraud Services:       1.   Additional Input Files outside standard implementation not listed in this pricing agreement are available at FIS' then current rates and will be quoted separately.   2.   Interfaces to non-FIS Core and Item Processing applications not listed in this pricing agreement are available at FIS' then current rates and will be quoted   separately.     

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  9 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             FIS Item Processing - Ancillary Capture Products        Description   Monthly Processing Investment   1 = Yes or   Estimated   Volume       Unit   Monthly   Unit   Fee   Monthly   Investment   Branch Capture Xpress - Package or Software and Installation Only Offerings (Graduated)   1 - 15 Branches ******** ******** $******** $********   16 - 30 Branches ******** ******** $******** $********   31 - 60 Branches ******** ******** $******** $********   61 - 120 Branches ******** ******** $******** $********   Greater than 121 Branches ******** ******** $******** $********       Subtotal Monthly Item Processing - Branch Capture Xpress $********       Commercial Capture Xpress (CCX) - Merchant Capture   CCX - Base Processing Fee ******** ******** $******** $********   CCX - Merchant Access Fee - First 100 Merchants (Graduated) ******** ******** $******** $********   CCX - Merchant Access Fee - 101 - 250 Merchants ******** ******** $******** $********   CCX - Merchant Access Fee - 251 - 500 Merchants ******** ******** $******** $********   CCX - Merchant Access Fee - Greater than 500 Merchants ******** ******** $******** $********   CCX - Transaction Processing - First 25,000 Items (Graduated) ******** ******** $******** $********   CCX - Transaction Processing - 25,001 - 100,000 Items ******** ******** $******** $********   CCX - Transaction Processing - Greater than 100,000 Items ******** ******** $******** $********   Commercial Capture Xpress (CCX) - Additional Services   CCX - CAR/LAR for End User ******** ******** $******** $********   CCX - TXN Fee - FIS to print Substitute Checks (IRDs) ******** ******** $******** $********   CCX - TXN Fee - Incoming Electronic Returns ******** ******** $******** $********   CCX - End User (Merchant) FIS Call Center Support ******** ******** $******** $********   CCX - ACH File ******** ******** $******** $********   CCX - Advanced Authentication Base Fee ******** ******** $******** $********   CCX - Advanced Authentication Per User Access Fee ******** ******** $******** $********   CCX - Out-of-Band Authentication ******** ******** $******** $********   CCX Plus - Deposited Items Submitted for Balancing ******** ******** $******** $********   CCX Plus - CAR/LAR Reject Re-entry or MICR Line Edits ******** ******** $******** $********   CCX Plus - Balancing Adjustments ******** ******** $******** $********       Subtotal Monthly Item Processing - Commercial Capture Offerings $********    FIS Xpress Deposit (FXD) - Consumer Remote Deposit Services   Base Processing Fee ******** ******** $******** $********   Single Item Deposits (TWAIN/Flatbed Scanner) - First 100,000 Deposits (Graduated) ******** ******** $******** $********   Single Item Deposits (TWAIN/Flatbed Scanner) - 100,001 - 250,000 Deposits ******** ******** $******** $********   Single Item Deposits (TWAIN/Flatbed Scanner) - 250,001 - 500,000 Deposits ******** ******** $******** $********   Single Item Deposits (TWAIN/Flatbed Scanner) - 500,001 - 1,000,000 Deposits ******** ******** $******** $********   Single Item Deposits (TWAIN/Flatbed Scanner) - Greater than 1,000,000 Deposits ******** ******** $******** $********   Single Item Deposits (Smart Phone) - First 100,000 Deposits (Graduated) ******** ******** $******** $********   Single Item Deposits (Smart Phone) - 100,001 - 250,000 Deposits ******** ******** $******** $********   Single Item Deposits (Smart Phone) - 250,001 - 500,000 Deposits ******** ******** $******** $********   Single Item Deposits (Smart Phone) - 500,001 - 1,000,000 Deposits ******** ******** $******** $********   Single Item Deposits (Smart Phone) - Greater than 1,000,000 Deposits ******** ******** $******** $********   Single Item Deposits - First 2,500 Deposits (Graduated) ******** ******** $******** $********   Single Item Deposits - 2,501 - 5,000 Deposits ******** ******** $******** $********   Single Item Deposits - 5,001 - 10,000 Deposits ******** ******** $******** $********   Single Item Deposits - Greater than 10,000 Deposits ******** ******** $******** $********   FIS Xpress Deposit (FXD) - Additional Services   Xpress Deposit Plus ******** ******** $******** $********   Advanced Authentication Base Fee ******** ******** $******** $********   Advanced Authentication Per User Access Fee ******** ******** $******** $********   Single Sign-on Maintenance and Support ******** ******** $******** $********       Subtotal Monthly Item Processing - Xpress Deposit Offerings $********    Total Monthly Item Processing - Ancillary Capture Products Offerings $********    

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  10 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             FIS Item Processing - Ancillary Capture Products        Description   One Time Investments   1 = Yes or   Estimated   Volume       Unit   One Time   Unit   Fee   One Time   Investment   Summary of One Time Fees   Branch Capture Xpress Base Installation (Includes up to 5 On-Site Installs) ******** ******** $******* $*******   Software and Installation Only (90 Previously Purchased) ******** ******** $******* $*******   CCX - Base Implementation Fee ******** ******** $******* $*******   CCX - Canon CR-25 CarePak 3 Year  (Overnight Depot Unit Exchange) ******** ******** $******* $*******   CCX - Canon CR-55 CarePak 3 Year  (Overnight Depot Unit Exchange) ******** ******** $******* $*******   CCX - Canon CR-180 CarePak 3 Year  (Overnight Depot Unit Exchange) ******** ******** $******* $*******   CCX - CTS LS800 Reader Sorter One Year (Overnight Depot Unit Exchange) ******** ******** $******* $*******   TASQ - One Year AUE ******** ******** $******* $*******   TASQ - Two Year AUE ******** ******** $******* $*******   TASQ - Three Year AUE ******** ******** $******* $*******   CCX - Advanced Authentication Implementation Fee ******** ******** $******* $*******   CCX - Single Sign-on Implementation Fee - FIS Internet Banking Solutions ******** ******** $******* $*******   CCX - Scanner Interface ******** ******** $******* $*******   CCX - Scanner Installation Support ******** ******** $******* $*******   CCX - New User Installation Support (Basic) ******** ******** $******* $*******   CCX - New User Installation Support (Advanced) ******** ******** $******* $*******   CCX - Remote Deposit Capture Demo (Generic) ******** ******** $******* $*******   Xpress Deposit   Base Implementation Fee ******** ******** $******* $*******   Smart Phone Platform Implementation Services ******** ******** $******* $*******   Single Item Deposits -  First 2,500 Deposits (Graduated) ******** ******** $******* $*******   Single Item Deposits -  2,501 - 5,000 Deposits ******** ******** $******* $*******   Advanced Authentication Implementation Fee ******** ******** $******* $*******   Smart Phone Branding ******** ******** $******* $*******   MiSnap Mobile Deposit Certification ******** ******** $******* $*******   Mobile Deposit - Business Implementation ******** ******** $******* $*******       Total Item Processing - Ancillary Capture Products One Time Fees $********       Miscellaneous Fees   BCX - Greater than 5 Branches On-Site Installation (Per Day) $*******   CCX - On-Site Installation and Training Support $*******   FXD - On-Site Installation and Training Support $*******       Assumptions Regarding Branch Capture Xpress (BCX) Services:       1.   Monthly pricing includes an average unit fee discount of ********% (may vary based on required minimum).   2.   Branch Capture Xpress assumes that there is one capture unit per branch and the capture unit is sized appropriately for the volume.   3.   Branch disaster recovery is the responsibility of the Client.  Branch Capture Xpress requires branch LAN topography to be a minimum of 256KB.   4.   Client is responsible for all branch hardware maintenance.   5.   When Capture Scanner unit is purchased from 3rd party, Client is responsible for supplying scanner interface software, such as SilverBullet.   6.   Branch Capture Xpress Software includes Branch Capture Xpress Software, Remote Control Software, Scanner Interface Software,   Staging, Installation, and Training.   7.   Branch Capture Xpress Package or Software and Installation Only Offerings qualified rate based on ********* previously purchased device(s).     

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  11 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             Assumptions Regarding Commercial Capture Xpress (CCX) Services:       1.   Monthly pricing includes an average unit fee discount of *********% (may vary based on required minimum).   2.   The merchant or business must provide a Commercial Capture Xpress control workstation; workstation minimum requirements are: 933 Mhz, 256MB RAM,   8MB video, USB 2.0 port, Windows 2000 or XP, Acrobat Reader 5.0 or later version, Java plug-in 1.4.2 or later version, keyboard, mouse and 17-inch color monitor.   3.   Merchant Access Fee is for a Single Business or Merchant Depositor with no limit on the number of deposit accounts associated with the Business or Merchant.   4.   Base Implementation Fee includes system set up and testing, standard branding, standard output file configuration, testing, web-based training and telephone   support by CCX implementation specialist. Additional or post-implementation training is available, and will be quoted separately.   5.   FIS reserves the right to change our one-time fee quote based on any additional processing or interface requirements.   6.   In-house IRD printing requires use of FIS-qualified printers, FIS-provided IRD Print Software, forms, and forms burster or cutter.   7.   Transaction processing of deposited items includes online archival storage of checks for 24 months, and file transmission to Client and/or one (1) collection   agent; collection-related charges are not included and remain Client's responsibility.   8.   On-site installation and training support is available for an additional fee. Scheduled in advance through FIS' technical services team.   9.   Scanner prices, maintenance options and upgrade options are subject to change without notice.   10. Client or its end-customer is responsible for ongoing scanner and printer maintenance and repairs.   11. CCX Scanner Interface charge includes FIS provided scanner application programming interface, and applies to scanners purchased from non-FIS   sources only.   12. Basic New User Installation Support includes:   - Equipment Setup   - Scanning checks   - Balancing   - Advance edit   - Approving deposits   - 1 hour training session   13. Advanced New User Installation Support includes:   - Equipment Setup   - Scanning checks   - Advance edit   - Balancing   - Approving deposits   - Close Batch Status Reports   - Transactions   - Batch Status   - Close Batch Status Report   - Open Batches   - Updating Batches   - Basic Security   - Batch Status        - Open Batches   - Updating Batches   - Security   - Adding users   - Reports   - Remittance   - Payment Export   - 2 hour training session       Assumptions Regarding Xpress Deposit (FXD) Services:       1.   Monthly pricing includes an average unit fee discount of ***********% (may vary based on required minimum).   2.   Consumer users must use a PC workstation that meets FIS' published standard minimum requirements, which may change from time to time.  Consumer   users must also have high-speed Internet access and use a TWAIN-compliant scanner or MICR scanner certified for Xpress Deposit use.   3.   Base Implementation Fee includes system set up and testing, standard branding, standard output file configuration and testing, web-based training and   telephone support by an Xpress Deposit implementation specialist.   4.   Transaction processing of deposited items includes online archival storage of checks for 24 months and file transmission to Client and/or one (1) collection   agent.  Collection-related charges are not included and remain Client's responsibility.   5.   MICR scanner prices, maintenance options and upgrade options available from FIS are subject to change without notice.   6.   MICR scanner prices (available separately) include FIS provided scanner application programming interface at no charge.   7.   Client or its end-customer is responsible for ongoing scanner and printer maintenance and repairs.   8.   Consumer may make deposits to an unlimited number of deposit accounts within a single institution.   9.   On-site installation and training support is available for an additional fee and must be scheduled in advance through FIS' technical services team.   10. FIS reserves the right to change the one-time fee quote based on any additional processing or interface requirements.     

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  12 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             FIS EFT Processing        Description   Monthly Processing Investment   1 = Yes or   Estimated   Volume       Unit   Monthly   Unit   Fee   Monthly   Investment   ATM/EFT Network Services Program  - Norcross   Base EFT Processing Support ********* ********* $******* $*******   PIN-based Transaction Volumes ********* ********* $******* $*******   Surcharged ATM Transactions ********* ********* $******* $*******   Stand-in Transactions ********* ********* $******* $*******   TNS Communications   Full Service ATM Usage Fee ********* ********* $******* $*******   Full Service Modem Fee ********* ********* $******* $*******   Cash Dispenser Usage Fee ********* ********* $******* $*******   ATM Terminal Support   Base ATM Terminal Driving Support ********* ********* $******* $*******   Full Service ATM's ********* ********* $******* $*******   Cash Dispenser (Dial-Up) ATM's ********* ********* $******* $*******   Electronic Journaling Storage Support ********* ********* $******* $*******   Electronic Journaling Daily Report ********* ********* $******* $*******   Remote Key Management Support ********* ********* $******* $*******   ATM Xpress Image Capture and Delivery ********* ********* $******* $*******   Host Interface - FIS - Realtime ********* ********* $******* $*******   Automated General Ledger Entries ********* ********* $******* $*******   Network Monthly Connection Fees   AFFN ********* ********* $******* $*******   Allpoint ********* ********* $******* $*******   AMEX ********* ********* $******* $*******   Cirrus ********* ********* $******* $*******   CU Here ********* ********* $******* $*******   CU24 ********* ********* $******* $*******   Discover ********* ********* $******* $*******   Maestro ********* ********* $******* $*******   MasterCard ********* ********* $******* $*******   MoneyPass ********* ********* $******* $*******   NETS ********* ********* $******* $*******   NYCE ********* ********* $******* $*******   Plus (Acquirer Only) ********* ********* $******* $*******   Presto! ********* ********* $******* $*******   PULSE ********* ********* $******* $*******   Quest ********* ********* $******* $*******   Shazam ********* ********* $******* $*******   STAR ********* ********* $******* $*******   SUM (Surcharge-Free) ********* ********* $******* $*******   VISA ********* ********* $******* $*******   ATM/Debit Card Processing   Debit Card Base Fee   Consumer - Standard ********* ********* $******* $*******   Consumer - Gold ********* ********* $******* $*******   Business ********* ********* $******* $*******   Consumer - Health Savings Account (HSA) ********* ********* $******* $*******   Card File Residency ********* ********* $******* $*******   Signature Based Authorizations ********* ********* $******* $*******   Signature Based Clearing Items ********* ********* $******* $*******   Lost/Stolen Card Service - 24 hr - 800# ********* ********* $******* $*******   Debit MasterCard/Visa Check Services   MC SAFE/VISA Fraud Reporting ********* ********* $******* $*******   Quarterly Reporting ********* ********* $******* $*******   Association Sponsorship ********* ********* $******* $*******   Association Fees (MCBS/VIB/Assessments) ********* ********* $******* $*******   Compliance Cardholder Updates (Static)   0 - 7,500 ********* ********* $******* $*******   7,501 and over ********* ********* $******* $*******   Download Correction/Modification ********* ********* $******* $*******       Subtotal Monthly EFT Processing Offerings $************     

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  13 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             FIS EFT Processing        Description   Monthly Processing Investment   1 = Yes or   Estimated   Volume       Unit   Monthly   Unit   Fee   Monthly   Investment   Additional Services   Access Charges - Online/Web   User ID's (Static)   0 - 7,500 ********* ********* $******* $*******   7,501 and over ********* ********* $******* $*******   Comvelope Service   Comvelope Keys Parts ********* ********* $******* $*******   PIN Select/Change Processing   PIN Select/Change at the ATM ********* ********* $******* $*******   PIN Select/Change at IVR ********* ********* $******* $*******   Card Activation Processing Support   Cardholders (Static)   0 - 7,500 ********* ********* $******* $*******   7,501 and over ********* ********* $******* $*******   Card Activation Processing ********* ********* $******* $*******   Chargeback Processing Support   Cardholders (Static)   0 - 7,500 ********* ********* $******* $*******   7,501 and over ********* ********* $******* $*******   Chargeback/Adjustments   FIS Managed Chargebacks ********* ********* $******* $*******   Standard Case - includes Chargeback, and Representment ********* ********* $******* $*******   Enhanced Case - includes Arbitrations and Compliance Cases ********* ********* $******* $*******   Retrieval Request ********* ********* $******* $*******   Network Adjustments   FIS Submitted Adjustments ********* ********* $******* $*******   Client Submitted Adjustments ********* ********* $******* $*******       Subtotal Monthly EFT Processing - Additional Services Offerings $*********     Fraud Services   3-D Secure (Verified by VISA/MasterCard/SecureCode)   Per Active Enrolled Cardholder (Minimum 2,500 Cards) ********* ********* $******* $*******       Subtotal Monthly EFT Processing - Fraud Services Offerings $**********     Fraud Monitoring   Account File Residency ********* ********* $******* $*******   Transaction Scoring (Pin Based and Signature Based Authorization messages) ********* ********* $******* $*******   Case Management ********* ********* $******* $*******   Fraud Reporting ********* ********* $******* $*******   Name Matching Transactions ********* ********* $******* $*******   Advanced Risk Blocking Transactions ********* ********* $******* $*******       Subtotal Monthly EFT Processing - Fraud Offerings $***********       Total Monthly EFT Processing Offerings $************    

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  14 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             FIS EFT Processing        Description   One Time Investments   1 = Yes or   Estimated   Volume       Unit   One Time   Unit   Fee   One Time   Investment   Summary of Implementation Fees   ATM/EFT Network Services Program ********* ********* $******* $*******   Semi - Annual Compliance Fee (Static) (Per Occurrence)   0 - 7,500 ********* ********* $******* $*******   7,501 and Over ********* ********* $******* $*******   ATM Terminal Support - Full Service ATM's ********* ********* $******* $*******   ATM Terminal Support - Cash Dispenser (Dial-Up) ATM's ********* ********* $******* $*******   ATM Terminal Support - Electronic Journaling Storage Support ********* ********* $******* $*******   ATM Terminal Support - Remote Key Management Support ********* ********* $******* $*******   Imaged Deposits (Static)   0 - 10 ********* ********* $******* $*******   11 - 50 ********* ********* $******* $*******   51 and Over ********* ********* $******* $*******   ATM Xpress Image Capture and Delivery ********* ********* $******* $*******   Host Interface - FIS - Realtime ********* ********* $******* $*******   Network Connection Fees   AFFN ********* ********* $******* $*******   Allpoint ********* ********* $******* $*******   AMEX ********* ********* $******* $*******   Cirrus ********* ********* $******* $*******   CU24 ********* ********* $******* $*******   Discover ********* ********* $******* $*******   Maestro ********* ********* $******* $*******   MasterCard ********* ********* $******* $*******   MoneyPass ********* ********* $******* $*******   NETS ********* ********* $******* $*******   NYCE ********* ********* $******* $*******   Plus (Acquirer Only) ********* ********* $******* $*******   Presto! ********* ********* $******* $*******   PULSE ********* ********* $******* $*******   Quest ********* ********* $******* $*******   Shazam ********* ********* $******* $*******   STAR ********* ********* $******* $*******   SUM (Surcharge-Free) ********* ********* $******* $*******   Debit MasterCard/Visa Check Services - Affiliate Member - Implementation and Training ********* ********* $******* $*******   Fraud Services - 3-D Secure (Verified by VISA/MasterCard/SecureCode) ********* ********* $******* $*******   Fraud Services - Monitoring ********* ********* $******* $*******   Fraud Services - Name Matching Transactions ********* ********* $******* $*******   Access Online Web ********* ********* $******* $*******   TNS Communications - Configuration and Installation of TNS modem ********* ********* $******* $*******   Comvelope Keys Parts ********* ********* $******* $*******   PIN Change Via IVR Initial Setup ********* ********* $******* $*******   Card Activation ********* ********* $******* $*******   Chargeback Installation ********* ********* $******* $*******   Download Correction/Modification ********* ********* $******* $*******       Total EFT Processing One Time Fees $*********       Miscellaneous Fees   Network Monthly Membership Fees (Pass-Thru)   Cirrus (Per Network) $*******   Plus (Per Network) $*******   PULSE (Per Network) $*******   InterLink (Per Network) $*******    

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  15 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             Assumptions Regarding FIS EFT Processing:       1.   Standard Minimum Monthly Association Sponsorship Fee of $*****.   2.   Standard Minimum Monthly 3-D Secure Processing Fee of $*****.   3.   Standard Minimum Monthly ATM/EFT Processing Fee of $*****.   4.   Monthly pricing includes an average unit fee discount of ******% (may vary based on required minimum).   5.   Refer to the Card Production Fee Schedule for pricing.   6.   Base installation fee includes turnkey investment, coordination of full EFT implementation, EFT network programming and on-site or remote pre-conversion training.   7.   Programming and certification of Full Service ATM's may require a change in protocol that is the responsibility of the Client.   8.   ATM Xpress Image Capture and Delivery may be subject to additional Item Processing Services fees from the Provider.  These fees are not included in   this Proposal.   9.   Network implementation fees do not include network fees for database maintenance or membership costs.   10. A daily cost of funds fee will apply to negative settlement balances if client elects not to maintain a funded account at FIS’ point of ACH origination.   11. Transmit/Receive Software may be required and is the responsibility of the Client.   12. Case Management Fees waived if Secured Debit is selected.  If Client opts out of Secured Debit Case Management fee will be billed accordingly.   13. Other miscellaneous EFT services may be provided by FIS at Client's request for the fees set forth in the EFT Miscellaneous Services Fee Schedule,   as amended by FIS from time to time.   14. Disclosed Volumes as of April 2014.     

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  16 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             FIS Payment Manager - Consumer        Description   Monthly Processing Investment Impl Investment   1 = Yes or   Estimated   Volume   Monthly   Maint   Fee       Monthly   Investment   One Time   Unit   Fee   Total   One Time   Investment   Setup Fees   Bill Payment Implementation and Setup Fees ********* $******* $******* $******* $*******   Configuration of:   - FIS User Interface   - Due Date   - Direct Check Model   - Risk Funding Processor   Monthly Recurring Fees   Monthly Hosting Fee ********* $********* $******* $******* $*******   Fee includes:   - Includes CST Access, OFAC Payee Compliance, Alert Payload Maintenance, Data Extract Maintenance, Warehouse Hosting, Reporting   User Fees   Monthly User Fee (Per User) ********* $******* $******* $******* $*******   Fee Includes:   - User Enrollment, User Maintenance, eBills, Payee Management, Payment Management, Tier 2 Support   Transaction Fees   Electronic Payment Transaction Volumes (Graduated)   1 - 40,000 ********* $******* $******* $******* $*******   40,001 - 75,000 ********* $******* $******* $******* $*******   75,001 - 100,000 ********* $******* $******* $******* $*******   100,001 - 150,000 ********* $******* $******* $******* $*******   150,001 and Over ********* $******* $******* $******* $*******   Check Payment Transaction Fee (Per Check) ********* $******* $******* $******* $*******   Payment Manager Fraud Monitoring Services (Per Transaction) ********* $******* $******* $******* $*******   Subtotal FIS Payment Manager - Consumer Offerings $********* $*********   Additional Services   Expedited Same Day Electronic (Per Transaction) ********* $******* $******* $******* $*******   Expedited Overnight Check Payments (Per Payment) ********* $******* $******* $******* $*******   FIS Sends End User Notification (Per Alert) ********* $******* $******* $******* $*******       Total FIS Payment Manager - Consumer Offerings $***********  $*******       Miscellaneous Fees   Return Items (Per Item, NSF, etc) $*******   Proof of Payment (Per Request) $*******   Stop Payment (Per Request) $*******   Service Request (Claims, Late Fees, Unable to Locate, Pay not Posted, Oustanding Check, Archive Retrieval Request, etc) (Per Request) $*******   Brand Change - RTN Change, Name Change, etc (Per Request) $*******       Assumptions Regarding FIS Payment Manager Services:       1.   Standard Minimum Monthly Consumer Payment Manager Standard User Fees below.  (Miscellaneous and Optional Service Fees are excluded)   -  $****** for Months 1 through 12   -  $****** for Months 13 through 24   -  $****** for Months 25 through 48   -  $****** for Months 49 through Term of Contract   2.   Monthly pricing includes an average unit fee discount of *****% (may vary based on required minimum).   3.   The Payment Manager Implementation Fee includes Brand Install, Sponsor Setup, Conversion, Testing, Testing Environment, Initial Kick Off and   CST Admin Setup.   4.   Includes unlimited use of eBill Presentment.   5.   Electronic or paper method of payment is determined by the payee.   6.   Stop payment services available for payments made by checks drawn on FIS' Bill Payment Service trust account.   7.   Additional Fraud Case investigatory services are billed at time and cost, and may include, but are not limited to:   - Interviewing all parties to determine appropriate course of action regarding criminal complaints   - Working cooperatively with appropriate law enforcement agencies at the local, state or federal level   - Testifying in court on behalf of the Client   8.   Data Conversion includes Users and users' Payments, Pending and Scheduled Payments and Bill Payment History if made available by Provider.   9.   Check payments will be issued using checks drawn as drafts to End User accounts.   10. For Expedited Payments, client guarantees sufficient funds for payments remitted without first securing funds from End User.   11. Disclosed Volumes as of April 2014.     

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  17 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             FIS Payment Manager - Business        Description   Monthly Processing Investment Impl Investment   1 = Yes or   Estimated   Volume   Monthly   Maint   Fee       Monthly   Investment   One Time   Unit   Fee   Total   One Time   Investment   Setup Fees   Bill Payment Implementation and Setup Fees ******** $******* $******* $******* $*******   Configuration of:   - FIS User Interface   - Due Date   - Direct Check Model   - Risk Funding Processor   Advanced Authentication Implementation and Setup Fees ******* $******* $******* $******* $*******   Monthly Recurring Fees   Monthly Hosting Fee ******* $******* $******* $******* $*******   Fee includes:   - Includes CST Access, OFAC Payee Compliance, Alert Payload Maintenance, Data Extract Maintenance, Warehouse Hosting, Reporting   User Fees   Monthly User Fee ******* $******* $******* $******* $*******   Fee Includes:   - User Enrollment, User Maintenance, eBills, Payee Management, Payment Management, Tier 2 Support   Transaction Fees   Electronic Payment Transaction Volumes (Graduated)   1 - 40,000 ******* $******* $******* $******* $*******   40,001 - 75,000 ******* $******* $******* $******* $*******   75,001 - 100,000 ******* $******* $******* $******* $*******   100,001 - 150,000 ******* $******* $******* $******* $*******   150,001 and Over ******* $******* $******* $******* $*******   Check Payment Transaction Fee (Per Check) ******* $******* $******* $******* $*******   Payment Manager Fraud Monitoring Services (Per Transaction) ******* $******* $******* $******* $*******   Subtotal FIS Payment Manager - Business Offerings - Minimum Monthly Fee $******* $*******   Additional Services   Expedited Same Day Electronic (Per Transaction) ******* $******* $******* $******* $*******   Expedited Overnight Check Payments (Per Payment) ******* $******* $******* $******* $*******   Rich Remittance Check Fee (Per Check) ******* $******* $******* $******* $*******   Advanced Authentication   Advanced Login Authentication Fee (Per Attempt) ******* $******* $******* $******* $*******   Step-up Out of Band Authentication Fee (Per Attempt) ******* $******* $******* $******* $*******       Total FIS Payment Manager - Business Offerings $******* $*******       Miscellaneous Fees   Return Items (Per Item, NSF, etc) $*******   Proof of Payment (Per Request) $*******   Stop Payment (Per Request) $*******   Service Request (Claims, Late Fees, Unable to Locate, Pay not Posted, Oustanding Check, Archive Retrieval Request, etc) (Per Request) $*******   Brand Change - RTN Change, Name Change, etc (Per Request) $*******       Assumptions Regarding FIS Payment Manager Services:       1.   Standard Minimum Monthly Business Payment Manager Standard User Fees below.  (Miscellaneous User, Other and Optional Fees are excluded)   -  $****** for Months 1 through 12   -  $****** for Months 13 through 24   -  $****** for Months 25 through 48   -  $****** for Months 49 through Term of Contract   2.   The Payment Manager Implementation Fee includes Brand Install, Sponsor Setup, Conversion, Testing, Testing Environment, Initial Kick Off and   CST Admin Setup.   3.   Includes unlimited use of eBill Presentment.   4.   Electronic or paper method of payment is determined by the payee.   5.   Stop payment services available for payments made by checks drawn on FIS' Bill Payment Service trust account.   6.   Additional Fraud Case investigatory services are billed at time and cost, and may include, but are not limited to:   - Interviewing all parties to determine appropriate course of action regarding criminal complaints   - Working cooperatively with appropriate law enforcement agencies at the local, state or federal level   - Testifying in court on behalf of the Client   7.   Data Conversion includes Users and users' Payments, Pending and Scheduled Payments and Bill Payment History if made available by Provider.   8.   Check payments will be issued using checks drawn as drafts to End User accounts.   9.   For Expedited Payments, client guarantees sufficient funds for payments remitted without first securing funds from End User.   10. Disclosed Volumes as of April 2014.     

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  18 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             FIS Remittance Processing        Description   Monthly Processing Investment   1 = Yes or   Estimated   Volume       Unit   Monthly   Unit   Fee   Monthly   Investment   Wholesale Remittance Processing   Small Box A (Image) ******** ******** $******* $*******   Small Box B (Image) ******** ******** $******* $*******   Monthly Maintenance ******** ******** $******* $*******   Basic Item ******** ******** $******* $*******   Check Photocopy ******** ******** $******* $*******   Unprocessable Item/Exception Items ******** ******** $******* $*******   Reject Repair ******** ******** $******* $*******   Correspondence Handling ******** ******** $******* $*******   Additional Services   Acceptable Payee Review > 10 ******** ******** $******* $*******   Credit Card Payments ******** ******** $******* $*******   Bank by Mail Deposit Processing (Static)   0 - 100,000 Envelopes ******** ******** $******* $*******   100,001 - 250,000 Envelopes ******** ******** $******* $*******   250,001 - 750,000 Envelopes ******** ******** $******* $*******   750,001 and Over Envelopes ******** ******** $******* $*******   Unidentified Mail Deposit Processing ******** ******** $******* $*******   Express Mail ******** ******** $******* $*******   Pre-Batch Sorting (Fine) ******** ******** $******* $*******   Pre-Batch Sorting (Rough) ******** ******** $******* $*******   Deposit > 2 Per Day ******** ******** $******* $*******   Deposit Report Fax ******** ******** $******* $*******   Deposit Report e-Mail ******** ******** $******* $*******   Deposit Report Paper ******** ******** $******* $*******   Data Capture ******** ******** $******* $*******   CD-Client Archive ******** ******** $******* $*******   DVD-Client Archive ******** ******** $******* $*******   Image Backup ******** ******** $******* $*******   Online Image Archive - 90 Days ******** ******** $******* $*******   Bank Archive Access ******** ******** $******* $*******   Deposit Report - Fax >2 Pages ******** ******** $******* $*******   Research (One Hour Minimum) ******** ******** $******* $*******   Transmission Maintenance ******** ******** $******* $*******   ARC (Accounts Receivable Conversion) ******** ******** $******* $*******   ARC ACH Returns ******** ******** $******* $*******   ARC ACH Reclear/Resubmit ******** ******** $******* $*******   ARC Paper Drafts for Non-ACH ******** ******** $******* $*******   ARC ACH Item Photocopy Request ******** ******** $******* $*******   Client Decision Module Exception ******** ******** $******* $*******   Client Decision Module Monthly Maintenance ******** ******** $******* $*******   Distributed Capture Device ******** ******** $******* $*******   Distributed Capture Items ******** ******** $******* $*******   Warehouse and Destruction ******** ******** $******* $*******   Outgoing Image Item Presentment (Including Non-Imageable) Standard Fed Format ******** ******** $******* $*******   Outgoing Image Item Presentment (Including Non-Imageable) Non-Standard Fed Format ******** ******** $******* $*******   Outgoing Image Item Presentment Transmission ******** ******** $******* $*******   Bank Customer Processing Procedures (On-Line) ******** ******** $******* $*******   Consolidated Receivables Transmission - Inbound ******** ******** $******* $*******       Subtotal Monthly Wholesale Remittance Processing Offerings $*********     

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  19 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             FIS Remittance Processing        Description   Monthly Processing Investment   1 = Yes or   Estimated   Volume       Unit   Monthly   Unit   Fee   Monthly   Investment   Retail Remittance Processing   Monthly Maintenance ******** ******** $******* $*******   OCRA (Static) - Qualified Rate Based on combined Volume of Payments Matched, Unmatched, Multiple, Check Only and Check and List   Single Matched Check   0 - 25,000 ******** ******** $******* $*******   25,001 - 50,000 ******** ******** $******* $*******   50,001 - 100,000 ******** ******** $******* $*******   100,001 - 250,000 ******** ******** $******* $*******   250,001 - 500,000 ******** ******** $******* $*******   Single UnMatched Check   0 - 25,000 ******** ******** $******* $*******   25,001 - 50,000 ******** ******** $******* $*******   50,001 - 100,000 ******** ******** $******* $*******   100,001 - 250,000 ******** ******** $******* $*******   250,001 - 500,000 ******** ******** $******* $*******   Multiple Document   0 - 25,000 ******** ******** $******* $*******   25,001 - 50,000 ******** ******** $******* $*******   50,001 - 100,000 ******** ******** $******* $*******   100,001 - 250,000 ******** ******** $******* $*******   250,001 - 500,000 ******** ******** $******* $*******   Intra Day Exception Item (CDM items) ******** ******** $******* $*******   Intra Day Monthly Maintenance (CDM) ******** ******** $******* $*******   Pre-Batch Sorting Fine ******** ******** $******* $*******   Additional Services   Check Only  (Static) - Qualified Rate Based on combined Volume of Payments Matched, Unmatched, Multiple, Check Only and Check and List   0 - 25,000 ******** ******** $******* $*******   25,001 - 50,000 ******** ******** $******* $*******   50,001 - 100,000 ******** ******** $******* $*******   100,001 - 250,000 ******** ******** $******* $*******   250,001 - 500,000 ******** ******** $******* $*******   Check and List (Static) - Qualified Rate Based on combined Volume of Payments Matched, Unmatched, Multiple, Check Only and Check and List   0 - 25,000 ******** ******** $******* $*******   25,001 - 50,000 ******** ******** $******* $*******   50,001 - 100,000 ******** ******** $******* $*******   100,001 - 250,000 ******** ******** $******* $*******   250,001 - 500,000 ******** ******** $******* $*******   Cash ******** ******** $******* $*******   Unprocessable Item/Exception Items ******** ******** $******* $*******   Express Mail ******** ******** $******* $*******   Correspondence Handling ******** ******** $******* $*******   Reject Repair ******** ******** $******* $*******   Online Image Archive - 90 Days ******** ******** $******* $*******   Bank Archive Access ******** ******** $******* $*******   Research (One Hour Minimum) ******** ******** $******* $*******   Transmission Maintenance ******** ******** $******* $*******   Additional Transmission Maintenance ******** ******** $******* $*******   In-Bound Transmission Maintenance ******** ******** $******* $*******   Data Capture ******** ******** $******* $*******   Account Look-Up ******** ******** $******* $*******   Warehouse and Destruction ******** ******** $******* $*******       Subtotal Monthly Retail Remittance Processing Offerings $***********       Total Monthly Remittance Processing Offerings $**********     

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  20 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             FIS Remittance Processing        Description   One Time Investments   1 = Yes or   Estimated   Volume       Unit   One Time   Unit   Fee   One Time   Investment   Summary of One Time Fees   Remittance Processing Installation ******** ******** $******* $*******   Per Box Set-Up with Transmission   One Time Fee reflects a 52.33% discount on List Price of $5,388   ******** ******** $******* $*******   Per Box Set-Up without Transmission ******** ******** $******* $*******   Image Item Presentment (Standard Fed Format) ******** ******** $******* $*******   Image Item Presentment (Non-Standard Fed Format) ******** ******** $******* $*******   Direct Customer Archive Set-Up ******** ******** $******* $*******   ARC (Accounts Receivable Conversion) ******** ******** $******* $*******   Client Decision Module Set-Up ******** ******** $******* $*******   Distributed Capture Device Set-Up ******** ******** $******* $*******   Reject Repair ******** ******** $******* $*******   Correspondence Handling ******** ******** $******* $*******       Subtotal Wholesale Remittance Processing One Time Fees $*******       Summary of One Time Fees   Remittance Processing Installation   One Time Fee reflects a 100.0% discount on List Price of $10,776   ******** ******** $******* $*******   Per Box Set-Up ******** ******** $******* $*******   Intra Day Exception Item (CDM items) ******** ******** $******* $*******   Intra Day Monthly Maintenance (CDM) ******** ******** $******* $*******       Subtotal Retail Remittance Processing One Time Fees $******       Total Remittance Processing One Time Fees $******       Assumptions Regarding Remittance Processing Services:       1.   Standard Minimum Monthly Remittance Processing Fee of $******.   2.   Monthly pricing includes an average unit fee discount of *****% (may vary based on required minimum).   3.   Prices do not include third party charges or expenses incurred by FIS at the Clients request.   4.   Postage will be billed at current rate plus *****%.   5.   Disclosed Volumes as of April 2014.       Assumptions Regarding Wholesale Remittance Processing Services:       1.   P.O. Box Rentals, Packaged US Mail, couriers or out of pocket expenses such as postage and special messenger fees which are not part of this fee schedule   will be quoted separately to the Client by FIS.   2.   If Client elects Post Office Rental through FIS it will be billed at current rate plus ******%.   3.   Distributed Capture items are subject to the regular transaction fee but all other processing fees apply.   4.   Remittance Processing will be processed at the following sites:   Boston, MA (New)       Assumptions Regarding Retail Remittance Processing Services:       1.   Daily Courier, Daily Courier Cash and Special Courier fees are not part of this fee schedule and will be quoted separately to the Client by FIS.   2.   If Client elects Post Office Rental through FIS it will be billed at current rate plus *******%.   3.   The standard conversion includes the following items:   -  Set up of customer according to specifications on internal system   -  Creation of customer specific procedures   -  Creation of extract files/complex data transmission   -  Creation of reports   -  All testing with customer   4.   Remittance Processing will be processed at the following sites:   Boston, MA (New)   5.   Wholesale and Retail Remittance Processing when purchased together will automatically apply a ********% discount on Retail Remittance Processing Installation Fees.   If either Wholesale or Retail Remittance is purchased separately, the discount will no longer apply.     

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  21 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             FIS Output Solutions - eDelivery Services        Description   Monthly Processing Investment Impl Investment   1 = Yes or   Estimated   Volume   Monthly   Maint   Fee       Monthly   Investment   One Time   Unit   Fee   Total   One Time   Investment   eDelivery Services   Basic System ******** $******* $******* $******* $*******   Each Additional Statement/Notice or File Type ******** $******* $******* $******* $*******   eDelivery Statements/Notices Imported (Active Subscribed Accounts) - (Graduated)   0 - 1,000 ******** $******* $******* $******* $*******   1,001 - 5,000 ******** $******* $******* $******* $*******   5,001 - 10,000 ******** $******* $******* $******* $*******   10,001 - 25,000 ******** $******* $******* $******* $*******   25,001 and Over ******** $******* $******* $******* $*******   Site Branding ******** $******* $******* $******* $*******   Additional Services   eStatement Presentment ******** $******* $******* $******* $*******   Statement Stuffer Tab (with up-load feature) ******** $******* $******* $******* $*******   Demo Link with FI Branding ******** $******* $******* $******* $*******   eStatement Archive/Storage - >90 Days - (other than checking statements) ******** $******* $******* $******* $*******   eStatement Archive/Storage - Fixed up to 36 months ******** $******* $******* $******* $*******       Total FIS Output Solutions Offerings - eDelivery Services $*********  $*******       Assumptions Regarding FIS Output Solutions - eDelivery Services:       1.   Standard Minimum Monthly eDelivery Services Fee of $******.   2.   Monthly pricing includes an average unit fee discount of *******% (may vary based on required minimum).   3.   Check images are not appended to the end of the account statement display (HTML or PDF) page for documents stored in eDelivery.   4.   Document presentment format depends on file format of imported files.  Print-Ready formatted text files present as PDF and  XML data files present as HTML.   5.   Check image storage retention needs to match eDelivery retention length to ensure links are active.   6.   Non-FIS Core Clients are responsible for core file transfers; additional fees may apply and are not included in this proposal.   7.   Client is responsible for coordinating activities with Third Party providers.   8.   The Client's customer must have a valid email address entered into the eDelivery system for email notifications to function properly.   9.   eDelivery Statement / Notice Fee is calculated by the number of imported statements / notices for active subscribed accounts for the month times the per item fee.   10. Additional Statement/Notice is an estimated cost; actual charges may vary after further analysis of specifications.   11. Site Branding includes custom bank logo, two colors on website, one financial institution address, one website address, and up to two compliance graphics.   12. Disclosed Volumes as of April 2014.     

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  22 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             FIS Output Solutions        Description   Monthly Processing Investment   1 = Yes or   Estimated   Volume       Unit   Monthly   Unit   Fee   Monthly   Investment   Loan Coupon Services   12 Month Coupon Book ******** ******** $******* $*******   24 Month Coupon Book ******** ******** $******* $*******   36 - 48 Month Coupon Book ******** ******** $******* $*******   60 - 180 Month Coupon Book ******** ******** $******* $*******       Subtotal Monthly Loan Coupon Services Offerings $*******       Document Processing Services   Document Processing - Print and Electronic Documents ******** ******** $******* $*******   ADF Client Portal Subscriptions Support ******** ******** $******* $*******   ADF Client Portal User Subscription ******** ******** $******* $*******   Print   Black & White Printing up to 15% converge (Non-MICR) First 500,000 Items (Graduated) ******** ******** $******* $*******   Black & White Printing up to 15% converge (Non-MICR) 500,001 - 1,000,000 Items ******** ******** $******* $*******   Color Printing up to 15% coverage (Non-MICR) ******** ******** $******* $*******   MICR Printing up to 15% coverage (Non-Color) ******** ******** $******* $*******   Fold/Insert/ Render   Fold/Insert/ Render (Letter Size - Automated) ******** ******** $******* $*******   Fold/Insert/ Render (Letter Size - Non Automated) ******** ******** $******* $*******   Bulk/ Render (Bulk Documents - Non Automated) ******** ******** $******* $*******   Bulk/ Render (Bulk Documents - Automated) ******** ******** $******* $*******   Statement Inserts (Static or Selective) ******** ******** $******* $*******   Inserter Booklet Stitching (Flats Only) ******** ******** $******* $*******   Offline Fold/Pressure Seal/Burst & Trim ******** ******** $******* $*******   Perfect Bind - Booklet ******** ******** $******* $*******   Saddle Stitch Booklet ******** ******** $******* $*******   Postal Pre-Sort ******** ******** $******* $*******   Notice Print and Render - Notices ******** ******** $******* $*******   Archiving and Electronic Document Output   Document Archival - eVue or eVision ******** ******** $******* $*******       Subtotal Monthly Document Processing, Print, Render, and Mailing Services Offerings $*********    Forms and Envelopes   Forms - 24# White Paper (8 1/2" x 11") ******** ******** $******* $*******   6" X 9 1/2" Envelopes (Common/Generic) ******** ******** $******* $*******   #10 size Envelopes (Common/Generic) ******** ******** $******* $*******   9" x 12" Catalog Envelopes (Common/Generic) ******** ******** $******* $*******   #9 size BRE Envelopes (Common/Generic) ******** ******** $******* $*******   Client Supplied Materials ******** ******** $******* $*******       Subtotal Monthly Forms and Envelopes Offerings $********       Total Monthly FIS Output Solutions Offerings $***********    

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  23 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             FIS Output Solutions        Description   One Time Investments   1 = Yes or   Estimated   Volume       Unit   One Time   Unit   Fee   One Time   Investment   Summary of One Time Fees   Loan Coupon Services   Loan Coupon Services Set-Up ******** ******** $******* $*******   Document Processing, Print, Render, and Mailing Services   Statements - Standard Template Implementation ******** ******** $******* $*******   Notices, Letters and Checks - Standard Template Implementation ******** ******** $******* $*******   Notice Print and Render - Notices ******** ******** $******* $*******   Archiving and Electronic Document Output   Document Archival - eVue or eVision ******** ******** $******* $*******       Total FIS Output Solutions One Time Fees  $******       Miscellaneous Fees   Manual Request/Special Handling (Per Hour) $*******   CSR (Per Hour) $*******   Programming (Per Hour) $*******   Project Management (Per Hour) $*******   Graphic Artist (Per Hour) $*******       Assumptions Regarding FIS Output Solutions Offerings:       1.   Standard Minimum Monthly Loan Coupon Book Fee of $******.   2.   Standard Minimum Monthly Print and Render Services Fee of $*********.   (Standard and Custom Forms and Envelopes, Postage Fees, One Time Fees, and Professional Services Fees are excluded)   3.   Monthly pricing includes an average unit fee discount of *******% (may vary based on required minimum).   4.   FIS Loan Coupon Services include the following items:   -  12 Month through 180 Month coupons   -  2 2/3 X 7 1/2 24 Pound Paper   -  File processing, laser printing, binding and cutting   -  Inserting in envelope   -  Generic double window envelope   -  Standard stock blue hard cover (text is "Loan Payment") and white backer   -  Address Change Form   -  Return address dry gum labels   -  Loan coupon with CAR/LAR technology and MICR or OCR line (coupon size - 2 2/3 X 6 5/8)   -  Coupon Books are produced weekly or monthly (client's request) and delivered to the U.S. Post Office within the one to three U.S. Postal Service   days from the time the files are received by FIS.   5.   Loan Coupon Services Implementation Fee is for standard set-up; actual charges may vary after further analysis of specifications for customized work.   Implementation Fee includes coupon layout.   6.   Non-FIS Core clients responsible for core file transfers; additional fees may apply and are not included in this proposal.   7.   First Class Postage costs paid for by Client.   8.   Document processing volume is the summation of pages processed for all documents, including 0 documents composed for electronic delivery only.   9.   A page is equivalent to an impression and if defined as one side of a finished sheet.   10. Full Color Print may not be available in all output facilities.   11. Additional FIS Output Solutions services not listed in this pricing agreement are available at FIS' then current rates and will be quoted and billed separately.   12. Increases in forms and envelopes prices are limited to the percentage increase in charges by the forms and envelopes suppliers to FIS.   13. Statement text and image printed on paper purchased from FIS.  Statement inserts may be provided by Client.   14. ADF Client Portal Subscriptions includes 2 reports.  Additional reports are priced per estimate.   15. An impression is defined as one side of a finished sheet.  Duplex mode jobs will have two impressions per finished sheet.   16. Statement envelopes will be purchased from FIS.  Postage and Courier costs paid for by Client.   17. Postage rates are not guaranteed for all mail-pieces.  The mail-pieces will be presorted and mailed at the lowest applicable rates.   18. Electronic documents sent to Client location to be placed in Client folder at FIS FTP site and pulled down by Client.   19. Client requests for changes to Statements types after initial installation is subject to additional fees and will be quoted separately via SOW.   20. Disclosed Volumes as of April 2014.     

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  24 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             Decision Solutions        Description   Monthly Investment Impl Investment   1 = Yes or   Estimated   Volume   Monthly   Maint   Fee       Monthly   Investment   One Time   Impl   Fee   Total   Impl   Investment   Account Ownership - Risk - Realtime   Transaction Volumes (Qualified Rate) ******** $******* $******* $******* $*******       Subtotal Monthly Account Ownership Offerings $****** $******       ID Verification   Transaction Volumes (Qualified Rate) ******** $******* $******* $******* $*******   Included in services:   - Watch List/OFAC Screening associated with each IDV inquiry - Web Page Customization   - Foreign Sanctions Evaders       Subtotal Monthly ID Verification Offerings $****** $******       ID Authentication - Standard Set-Up   Transaction Volumes (Qualified Rate) ****** $******* $******* $******* $*******       Subtotal Monthly ID Authentication Offerings $****** $******       OFAC Watch (Per Month Fee based on Transaction Volume)   Transaction Volumes (Qualified Rate) ******** $******* $******* $******* $*******   Watch List   Best Practice Package - Direct Client (Qualified Rate) ******** $******* $******* $******* $*******   Included in services:   - OFAC Specially Designated Nationals (SDN) (Address, Alternate Name, Sanctioned Countries) - Palestine Legislative Council   - Canada Office of Superintendent of Financial Institutions (OSFI) (Entities) - CIA Politically Exposed Person (PEP)   - Department Of State Terrorist Exclusion - Money Services Businesses   - FIS Enhanced Politically Exposed Person - Primary Money Laundering Concern   - FBI Most Wanted Top Ten - Bank of England Consolidated Sanctions   - FBI Most Wanted Alternate       Subtotal Monthly OFAC Watch Offerings $******* $*******       QualiFile Advantage Base   Inquiry Transaction Volumes (Qualified Rate) ******** $******* $******* $******* $*******       Subtotal Monthly QualiFile Advantage Offerings $******  $*******       Additional Services   Custom Strategy Fee (Per Transaction) ******** $******* $******* $******* $*******   Premier Credit Access Service (Per Transaction) ******** $******* $******* $******* $*******       Subtotal Monthly QualiFile Additional Offerings $******** $********           Miscellaneous Fees   Voice Inquiry Surcharge (Per Transaction) $0.48   QualiFile Colorado Notification Surcharge Transactions (Per Transaction) $0.68       Assumptions Regarding Decision Solutions:       1.   Monthly pricing as noted above may include a unit fee discount when compared to the Qualified Rate Table.   2.   Web Based Training or On-Site Training charges are not included in this proposal and will be quoted separately.       Assumptions Regarding Account Ownership Solutions:       1.   Standard Minimum Monthly Account Ownership - Risk Fee of $*********.       Assumptions Regarding ID Verification Solutions:       1.   Standard Minimum Monthly ID Verification Fee of $*******.   2.   Implementation fees do not include Technical Integration - Direct Interface to ChexSystem webservices specifications and are available at then   current rates and will be quoted separately.     

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  25 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             Assumptions Regarding ID Authentication Solutions:       1.   Standard Minimum Monthly ID Authentication Fee of $*******.   2.   Implementation fees do not include Technical Integration - Direct Interface to ChexSystem webservices specifications and are available at then   current rates and will be quoted separately.       Assumptions Regarding OFAC Watch Solutions:       1.   The standard Watch List available is Base Package.  There are 1 other available list options for an additional fee:   Best practice package: provides a broader range of lists to allow more effective screening.   2.   Watch List is used by OFAC Watch for a more effective screening.  The list is obtained, compiled and distributed by FIS for user within OFAC Watch,   and ID Verification.   3.   Watch List Base and Best Practice packages are available only at the Client Master Level and will apply to all branches.   4.   Implementation fees do not include Technical Integration - Direct Interface to ChexSystem webservices specifications and are available at then   current rates and will be quoted separately.       Assumptions Regarding QualiFile Solutions:       1.   Standard Minimum Monthly QualiFile Advantage Services Fee of $*********.  (Optional Services are excluded)   2.   Professional Services and Product Configuration changes are not included in this proposal and will be quoted separately.   3.   Custom Strategy Implementation fee includes ******* hours of Consulting Services, ******** hours of Testing Support and ******** hours of   Project Management for Installation Services.   4.   Premier Services Implementation fee includes ******** hours Consulting Services.   5.   Implementation fees do not include Technical Integration - Direct Interface to ChexSystem webservices specifications and are available at then   current rates and will be quoted separately.   6.   Professional Services and Product Configuration changes are not included in this proposal and will be quoted separately.     

 

PRICING ATTACHMENT   ROCKLAND TRUST COMPANY   Company Confidential/IH/248707/S1 Page  26 of 26            CONFIDENTIAL TREATMENT HAS BEEN REQUESTED             Decision Solutions Fee Schedule        Description        Unit       Fee   Qualified  Rate Table   Discounted Rates apply to Initial Term only.  After the Initial Term Client will be billed at the List Rate Table   Account Ownership - Risk - Realtime (Static)   0 - 4,999 ******** $*******   5,000 - 24,999 ******** $*******   25,000 - 99,999 ******** $*******   100,000 - 499,999 ******** $*******   500,000 - 999,999 ******** $*******   1,000,000 and Over ******** $*******   ID Verification (Static)   0 - 1,000 ******** $*******   1,001 - 5,000 ******** $*******   5,001 - 10,000 ******** $*******   10,001 - 15,000 ******** $*******   15,001 and Over ******** $*******   ID Authentication (Static)   0 - 500 ******** $*******   501 - 1,000 ******** $*******   1,001 - 5,000 ******** $*******   5,001 - 10,000 ******** $*******   10,001 and Over ******** $*******   OFAC Watch (Static) (Per Month Fee based on Transaction Volume)   1 - 1,000 ******** $*******   1,001 - 10,000 ******** $*******   10,001 - 100,000 ******** $*******   100,001 - 500,000 ******** $*******   500,001 - 2,000,000 ******** $*******   2,000,001 and Over ******** $*******   Watch List   Best Practice Package - Direct Client ******** $*******   QualiFile   Advantage Base (Static)   0 - 10 ******** $*******   11 - 20 ******** $*******   21 - 35 ******** $*******   36 - 50 ******** $*******   51 - 75 ******** $*******   76 - 100 ******** $*******   101 - 150 ******** $*******   151 - 200 ******** $*******   201 - 300 ******** $*******   301 - 400 ******** $*******   401 - 800 ******** $*******   801 - 1,000 ******** $*******   1,001 - 1,500 ******** $*******   1,501 - 2,000 ******** $*******   2,001 - 3,000 ******** $*******   3,001 - 5,000 ******** $*******   5,001 - 7,500 ******** $*******   7,501 - 10,000 ******** $*******   10,001 - 15,000 ******** $*******   15,001 - 20,000 ******** $*******   20,001 - 40,000 ******** $*******   40,001 - 75,000 ******** $*******   75,001 and Over ******** $*******

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