RETAIL INSTALLMENT CREDIT AGREEMENT

In this Agreement, the words “you” and “your” refer to any person who signs this Agreement, has requested and is issued a Tiffany & Co. credit
card, or is authorized to use this Tiffany & Co. credit card account (“Account”); “we”, “us”, and “our” refer to Tiffany & Co., Fifth Avenue and 57th
Street, New York, NY 10022, and any person to whom this Account may be assigned.

1

PROMISE TO PAY/WHEN AGREEMENT IS EFFECTIVE
When you sign the Application for this Account, you will be agreeing to everything written here. Therefore, before you sign the Application, you
should read this entire Agreement, which includes the cost­of­credit disclosures required by Federal Law. The information you provide on the Applica­
tion that identifies you is incorporated in this Agreement by reference. This Agreement will not be effective until we approve your Application, and then
after that, only if you or someone authorized by you signs a sales slip or otherwise charges a purchase to this Account. Also, until you or someone author­
ized by you uses this Account, you will not be responsible for any use of the credit card after its loss or theft.

2

COST OF CREDIT
(a) As required by applicable law, the following chart sets forth some of the terms of the Account:

ANNUAL PERCENTAGE
RATE (APR)

If you live in:

California

Arkansas

Connecticut, Washington,
Michigan

Hawaii, North Carolina,
Massachusetts, South Carolina,
Minnesota, Louisiana

Florida

Nebraska, Guam

Alabama

West Virginia

Kentucky

The APR is:
10% (1)
17% (2)

12% (3)

18% (4)
15% (5)
18% (4) on balances of $500 or more;
21% (6) on all other balances
18% (4) on balances of between
$750 and $2,000; 21%
(6) on all other balances
18% (4) on balances of $750 or less;
12% (3) on balances greater than $750

8% (7) on balances

of $15,000 and under;

21% (6) on balances above $15,000

All other states, Puerto Rico
and the District of Columbia

21% (6)

Grace period for repayment of balances

30 days on average

Method of computing the balance

Average daily balance (Excluding current transactions)

Annual Fee

Minimum finance charge

None

If you live in:

The minimum finance charge is:

None

Hawaii, Arkansas,
District of Columbia, Maryland,
Nebraska, Michigan,
North Carolina, South Carolina,
Arizona, Guam

All other states

$0.50

(1) Monthly Periodic Rate of 0.833%
(2) Monthly Periodic Rate of 1.4166%
(3) Monthly Periodic Rate of 1.000%
(4) Monthly Periodic Rate of 1.500%
(5) Monthly Periodic Rate of 1.250%
(6) Monthly Periodic Rate of 1.750%
(7) Monthly Periodic Rate of 0.666%

(b) Regular Terms: Unless the “No Finance Charge Option” is selected, no Finance Charge will be imposed in any monthly billing period (1) in

which there is no balance at the beginning of the billing period (the “Previous Balance”) or (2) in which payments received and credits issued within one
month after the Billing Closing Date (the “Payment Due Date”) equal or exceed the Previous Balance. If we do not receive the full amount due (the “New
Balance”) by the Payment Due Date, a Finance Charge will be computed on the outstanding balance from month to month by applying the
applicable Monthly Periodic Rate set forth above to the balance explained in paragraph 3 below.

(c) No Finance Charge Option: If any item is designated as “Interest Free” on the sales invoice or otherwise at the point of sale, you will only be re­
quired to pay a fixed percentage of the amount of said item at the time of sale, with the remaining balance to be paid in equal monthly installments, the num­
ber of which shall be set forth in the sales invoice. The amount of each such installment will be included in the Minimum Payment Due figure on each
statement. No Finance Charge will be imposed on the balance attributable to that purchase as long as the Minimum Payment Due shown on your monthly
billing statement is paid in full by the Payment Due Date shown on that statement. If, in any billing cycle, the Minimum Payment Due is not paid in full and
when due, a Finance Charge will begin to accrue and will be imposed on the entire balance in your Account under our Regular Terms, beginning in the next
billing cycle.

3

METHOD OF COMPUTING FINANCE CHARGE
We figure the Finance Charge on your Account by applying the monthly Periodic Rate to the “Average Daily Balance” of your Account (excluding
current transactions). To get the “Average Daily Balance” we take the beginning balance of your Account each day and subtract any payments or credits, re­
turned check fees, late fees, and any unpaid Finance Charges. We do not add in any new purchases. This gives us the daily balance. Then, we add all the
daily balances for the billing cycle together and divide the total by the number of days in the billing cycle. This gives us the “Average Daily Balance”.

4

MINIMUM MONTHLY PAYMENTS
You agree to pay at least the Minimum Payment Due shown on your monthly statement on or before the Payment Due Date shown on that statement.
Your Minimum Payment Due will be four percent (4.0%) of the New Balance, but not less than $20, or the entire New Balance if the New Balance is less
than $20, except that, (i) if you live in Vermont, the minimum monthly payment will be not less than 1/48 of the balance after the last advance in the billing
period, (ii) if you live in California, the minimum monthly payment will be 10% of the New Balance, and (iii) if you live in West Virginia, your Minimum
Payment Due will be 1/12 of 25% of the New Balance.
If you live in South Carolina, 40% of your payment will be applied to outstanding principal. The
Minimum Payment Due will include the entire amount of any check processing fee and any past due amount. If any item is designated as an “Interest Free”
on the sales invoice or otherwise at the point of sale, the minimum monthly payment amount for that item will be a percentage of its total cash price (or mul­
tiple items that qualify for this option), and the minimum monthly payment amount for this option will be added to the regular minimum monthly payment
amount, if any, to arrive at the total Minimum Payment Due. All payments must be made in U.S. dollars by check drawn on a U.S. bank. You may pay more
than the Minimum Payment Due in any month but if you do, and there is a balance due, you must continue to make minimum payments in future months.

5

LATE FEE; RETURNED CHECK FEE
(a) If any payment is received by us more than ten (10) days after the Payment Due Date for such payment, you may be required to pay a "Late Pay­

ment Fee" of $10.00, subject to the following exceptions:

If you live in:

The late fee will be:

Indiana, Nebraska, South Carolina,
Minnesota

$5.00

And/or the number of days before
the fee is assessed will be:

Kansas, Missouri, Arizona

North Carolina

$5.00, where the late
payment is $25.00 or less

$5.00, if the balance of the
Account is less than $100.00

West Virginia, Virginia

5%, not to exceed $10.00

Massachusetts

10%, not to exceed $10.00

15

New Mexico, Tennessee,
South Dakota, New Hampshire,
Hawaii, Delaware, Oklahoma,
Connecticut, Wyoming, Guam

Maine, Arkansas

Texas

No late fee

$10

$10

15

21

(b) If any check sent to us in payment on your Account is drawn on a foreign bank or is returned to us unpaid by the bank, to the extent permit­
ted by applicable law, we may charge you a fee of $25.00 to cover our processing costs and you agree that we may add such fee to the balance due on your
Account, subject to the following exceptions:

12­09

ForTiffanystorelocationorinquires,call1­800­827­1396.

(212)755­8000

727FifthAvenue,NewYork,NY10022

ACCOUNTAGREEMENT

withthemerchant,youmayhavetherightnottopaytheremainingamountdueonthepropertyorservices.
Ifyouhaveaproblemwiththequalityofpropertyorservicesthatyoupurchasedwithacreditcard,andyouhavetriedingoodfaithtocorrecttheproblem

SpecialRuleforCreditCardPurchases.

Ifwedon’tfollowtheserules,wecannotcollectthefirst$50ofthequestionedamount,evenifyourbillwascorrect.

nameofanyonewereportedyouto.Wemusttellanyonewereportyoutothatthematterhasbeensettledwhenitfinallyhas.
within10days,tellingusthatyoustillrefusetopay,wemusttellanyonewereportyoutothatyouhavequestionsaboutyourbill.Also,wemusttellyouthe
Ifyoufailtopaytheamountthatwethinkyouowe,wemayreportyouasdelinquent.However,ifourexplanationdoesnotsatisfyyou,andyouwritetous

mentoftheamountyouoweandthedatethatitisdue.
youmayhavetopayfinancecharges,andyouwillhavetomakeupanymissedpaymentsonthequestionedamount.Ineithercase,wewillsendyouastate­
Ifwefindthatwemadeamistakeonyourbill,youwillnothavetopayanyfinancechargesrelatedtoanyquestionedamount.Ifwedidn’tmakeamistake,

weareinvestigating,butyouarestillobligatedtopaythepartsofyourbillthatarenotinquestion.
question,includingthefinancecharges,andwecanapplyanyunpaidamountagainstyourcreditlimit.Youdonothavetopayanyquestionedamountwhile
Afterwereceiveyourletter,wecannottrytocollectanyamountyouquestion,orreportyouasdelinquent.Wecancontinuetobillyoufortheamountyou

webelievethebillwascorrect.
Wemustacknowledgeyourletterwithin30days,unlesswehavecorrectedtheerrorbythen.Within90days,wemusteithercorrecttheerrororexplainwhy

YourRightsandOurResponsibilitiesAfterWeReceiveYourWrittenNotice.

•Describetheerrorandexplain,ifyoucan,whyyoubelievethereisanerror.Ifyouneedmoreinformation,describetheitemyouarenotsureabout.
•Thedollaramountofthesuspectederror.
•Yournameandaccountnumber.

lowinginformation:
sentyouthefirstbillonwhichtheerrororproblemappeared.Youcantelephoneus,butdoingsowillnotpreserveyourrights.Inyourletter,giveusthefol­
yourmonthlybillwhichislistedafterthewords“Sendinquiriesto”.Writetousassoonaspossible.Wemusthearfromyounolaterthan60daysafterwe
Ifyouthinkyourbilliswrong,orifyouneedmoreinformationaboutatransactiononyourbill,writeus,onaseparatesheet,attheaddressonthefrontof

NotifyusinCaseofErrorsorQuestionsAboutYourBill.
ThisnoticecontainsimportantinformationaboutyourrightsandourresponsibilitiesundertheFairCreditBillingAct.

YOURBILLINGRIGHTS.KEEPTHISNOTICEFORFUTUREUSE.
DISCLOSUREREQUIREDBYFEDERALLAW.

VicePresident­Treasury

By:

NewYork,NY10022
FifthAvenueand57thStreet
TIFFANY&CO.

INSTALLMENTCREDITAGREEMENT.
BYSIGNINGTHEACCOMPANYINGACCOUNTREQUESTFORM,YOUACKNOWLEDGERECEIPTOFACOPYOFTHISRETAIL

Notice:Seereversesideforimportantinformationregardingyourrightstodisputebillingerrors.

UNDER.
PROCEEDSHEREOF.RECOVERYHEREUNDERBYTHEDEBTORSHALLNOTEXCEEDAMOUNTSPAIDBYTHEDEBTORHERE­
DEBTORCOULDASSERTAGAINSTTHESELLEROFGOODSORSERVICESOBTAINEDPURSUANTHERETOORWITHTHE
NOTICE:ANYHOLDEROFTHISCONSUMERCREDITCONTRACTISSUBJECTTOALLCLAIMSANDDEFENSESWHICHTHE

1­800­538­1579.ContacttheCommissionerrelativetoanyinquiriesorcomplaints.
lawwhichisenforcedbytheConsumerCreditCommissioner,2601NorthLamarBoulevard,Austin,TX78705­4207.Phone(512)479­1285or
Stat.Article5096­6.03.TocontactTiffany&Co.aboutthisaccount,callustollfreeat1­800­827­1396.ThiscontractissubjectinwholeorinparttoTexas
NoticetoTexasResidents:TheFinanceChargerateshownaboveisauthorizedundertheMarketCompetitiveRateceilingineffectunderTex.Rev.Civil.

NoticetoMarylandResidents:ThisAccountisgovernedbySubtitle9,Title12oftheMarylandCommercialLawArticle.

newstateofresidencewillapplytotheentirebalanceinyourAccount.
ApplicationforthisAccount.Oncewereceivewrittennoticethatyouhavemovedtoanotherstate,thetermsofthisAgreementthatareapplicabletoyour
move.Untilwereceivewrittennoticeofyournewaddress,wewillcontinuetosendmonthlystatementsandothernoticestotheaddressyougaveonthe
ThisAgreementisgovernedbythelawofyourstateofresidencewhenthisAccountwasopened.Youagreetonotifyuspromptlyinwritingifyou
CHANGEOFADDRESSANDGOVERNINGLAW

13

damagesbutshallhavetherighttoreasonableattorneys’feesandothercourt­relatedcostsawardabletotheprevailingparty.
terminationorinvalidityofanyoftheforegoingshallbeintheapplicablestateandfederalcourts.Thepartiesherebywaivetherighttopunitiveorexemplary
TheexclusivemeansofresolvinganycontroversyorclaimarisingoutoforrelatingtothisAgreementoranyrelatedpurchasecontract,orthebreach,

12DISPUTERESOLUTION

tinuefurnishingthisinformationbycallingustollfreeat1­800­827­1396orbywritingusatTiffany&Co.,P.O.Box6150,Parsippany,NewJersey07054­9693.
name,addressandotheridentifyingdata)tootherpersonswhomayusethatinformationtosolicityouforproductsorservices.Youcanrequestthatwediscon­
Totheextentpermittedbyapplicablelaw,yougiveusandanyholderofthisAgreementpermissiontofurnishinformationaboutyou(usuallyonlyyour

11MARKETINGINFORMATION

underFederalLaw,seethe“YourBillingRightsNotice”thataccompaniesyourcopyofthisAgreement.
mustbesenttousattheaddressforbillinginquiriesshownonthebillingstatement.Forimportantinformationregardingyourrighttodisputebillingerrors
duethatyousendtousmarked“paidinfull”youtenderwithotherconditionsorlimitations,oryouotherwisetenderasfullsatisfactionofadisputedamount,
Allwrittencommunicationsconcerningdisputedamounts,includinganycheckorotherpaymentinstrumentinanamountlessthanthefullamount

10DISPUTEDAMOUNTS

reausandotherswhomayproperlyreceivesuchinformation.
andaddressofanyconsumerreportingagencythatfurnishedthereport.YoualsoauthorizeustoreportyourperformanceunderthisAgreementtocreditbu­
nectionwithanupdate,renewal,orextensionofcredit.Uponyourrequestwewilltellyouwhetherornotaconsumerreportwasrequestedandthename
andwhereyouwork.WemayrequestaconsumerreportfromconsumerreportingagenciesinconsideringyourapplicationforthisAccountandlaterincon­
Youauthorizeustoinvestigateyourcredithistorybyobtainingconsumerreportsandbymakingdirectinquiriesofbusinesseswhereyouhaveaccounts
CREDITINVESTIGATION

9

aswellastoanysubsequenttransactions.
applicablelaw.Ifpermittedbyapplicablelaw,anynewtermsmay,atouroption,beappliedtoanybalanceexistingintheAccountatthetimeofthechange,
WemaychangeanytermofthisAgreement,includingtherateofFinanceCharge,byfurnishingyounoticeofthechangetotheextentrequiredby
CHANGEINTHISAGREEMENT

8

(callustollfreeatTel.No.1­800­827­1396)ifanycreditcardweissuetoyouislostorstolen.
advance.Allcreditcardsweissueremainourpropertyand,ifrequested,youagreetoreturnanycreditcardissuedtoyou.Youagreetonotifyuspromptly
Unlessotherwiseprovidedbyapplicablelaw,wehavetherightatanytimetolimitorterminatetheuseofyourAccountwithoutgivingyounoticein
CANCELINGORLIMITINGYOURCREDIT

7

termsofyourcreditobligations.
areherebynotifiedthatanegativecreditreportreflectingonyourcreditrecordmaybesubmittedtoacreditreportingagencyifyoufailtofulfillthe
notpermittedbylaw.Wewillpayyourreasonableattorneys’feesifyouprevailinasuitwebringagainstyouunderthisAgreement.Asrequiredbylaw,you
amountowedandanycourtcosts,youagreetopayourreasonableattorneys’fees.Noattorneys’feeswillbeimposedinanystate,orinanyamount,where
countisreferredtoanattorneywhoisnotoursalariedemployeeandweprevailinasuitagainstyoutocollecttheamountyouowe,inadditiontothefull
mayhaveunderstatelawtoreceivenoticeofandtocuresuchdefault,wemaydeclaretheentireunpaidbalanceintheAccountdueandpayable.IftheAc­
Ifyoufailtopayanyminimummonthlypaymentwhendue,ifyoudeclarebankruptcy,orifyoudie,itwillbeadefault,andsubjecttoanyrightyou

6DEFAULT/COLLECTIONCOSTS

Wyoming,PuertoRico,Guam
WestVirginia,RhodeIsland,Washington,
NewMexico,NorthDakota,SouthDakota,
Minnesota,Pennsylvania,NewHampshire,
Columbia,Nebraska,Massachusetts,
Connecticut,Delaware,Districtof
Michigan,Hawaii,Florida,Illinois,
Maine,SouthCarolina,NorthCarolina,

Arizona
Texas,California
Iowa,NewJersey,Utah
Ifyoulivein:

Noreturnedcheckfee.

$10.00
$15.00
$20.00
Thereturnedcheckfeewillbe: