Commerical Entity Agreement - Square Inc.

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Commercial Entity Agreement https://squarcup.com/legal/cea Seller shall not submit a Transaction for any purpose other than a current Transaction. Transactions shall not represent the collection of a dishonored check or the collection, transfer or refinancing of any existing or prior debt or obligation. Seller shall not attempt to recharge a Customer for an item that has been the subject of a Chargeback by the Customer, even with the Customer's consent. Seller shall not submit any Transaction which it knows or should know to be unenforceable or uncollectable. (g)Time of Payment. At the time Seller accepts a Card for any goods or services, the goods shall have been provided or shipped or the services actually rendered to the Customer, except as specifically stated otherwise in Seller's Application (or otherwise approved in writing by WFMS in advance). (h) Cash Advances. Seller shall not disburse or advance any cash to a Customer (except as authorized by the Card Brand Rules) or to itself or any of its representatives, agents, or employees in connection with a Transaction, nor shall Seller accept payment for effecting credits or issuing refunds to a Customer. (i) Discrimination. Unless permitted by the Card Brand Rules, Seller shall not engage in any practice that unfavorably discriminates against or provides unequal treatment of any Card Brand relative to any other Card Brand. 0) Refunds/Credits. Any Transaction submitted to WFMS to credit a Customer's Card account represents a refund for a prior Transaction submitted to WFMS using the same Card. (k) Installment Plans. Unless specifically stated in its Application or otherwise approved in writing by WFMS in advance, Seller shall not accept Cards in connection with installment plans. If the Customer pays in installments or on a deferred paynhent plan, as previously approved by WFMS, a Transaction. Data record has been prepared separately for each installment transaction or deferred payment on the dates the Customer agreed to be charged. All installments and deferred payments, whether or not they have been submitted to WFMS for processing, shall be deemed to be a part of the original Transaction. (1) Recurring Transactions. For recurring Transactions, if any, permitted by the Seller Agreement, Seller must (i) obtain the Customer's consent to periodically charge the Customer on a recurring basis for the goods or services purchased; (ii) retain this permission for the duration of the recurring services and provide it upon request to WFMS or the issuing bank of the Customer's Card; and (iii) retain written documentation specifying the frequency of the recurring charge, and the duration of time during which such charges may be made, and the amount or range of amounts that may be charged. Seller shall not submit any recurring transaction after receiving: (i) a cancellation notice fiom the Customer (so long as such notice was timely provided three (3) or more days prior to the transaction date); or (ii) notice from WFMS or any Card Brand (via authorization code or 13 of 23 7/13/2018, 10:.16 AM