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R2022-110 2022-05-23RESOLUTION NO. R2022-110 A Resolution of the City Council of the City of Pearland, Texas, awarding a contract for Bank Depository Services to Wells Fargo Bank for three (3) years, beginning October 1, 2022 and ending September 30, 2025, with the option of two (2) additional one-year terms. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS: Section 1. That the City has received Requests for Proposals (RFP’s) for Bank Depository Services, and such RFP’s have been reviewed. Section 2. That the City Council hereby awards a contract for Bank Depository Services to Wells Fargo Bank for three (3) years, with the option of two (2) additional one-year terms. Section 3. The City Manager or his designee is hereby authorized to execute a contract for Bank Depository Services. PASSED, APPROVED and ADOPTED this the 23rd day of May, A.D., 2022. ________________________________ J.KEVIN COLE MAYOR ATTEST: ________________________________ LESLIE CRITTENDEN CITY SECRETARY APPROVED AS TO FORM: ________________________________ DARRIN M. COKER CITY ATTORNEY DocuSign Envelope ID: 45805948-E911-43CB-943E-F1A554593E69 WELLS FAFtGO Amencment to Master Agreement for Treasury N anagement Services Treasury Management Services 0 2021 Wells Fargo Bank, N.A. All rights reserved. Approved for Use in Texas Local Government Banking Only Introduction This Amendment supplements and modifies the Master Agreement for Treasury Management Services ("Master Agreement") for City of Pearland. "You," "your" or "yours" refers to the customer identified in the immediately preceding sentence. The terms "we," "us," or "our" refer to the Bank. Capitalized terms used but not defined in this Amendment are defined in the Master Agreement. This Amendment constitutes part of the Service Documentation as defined in the Master Agreement. If there is a conflict between this Amendment and the Master Agreement or other Service Documentation, this Amendment will control. Except as expressly modified by this Amendment, all terms and provisions of Master Agreement and Service Documentation will continue to apply with full force and effect. Amendment We agree that the Master Agreement governing our relationship with you is amended as follows: 1. The following text is added at the end of Section 3 of the Master Agreement (titled "Changes to services"): "Notwithstanding the immediately preceding paragraph, through the Initial Term End Date (as defined below) Bank will not change the fees for Services reflected on Attachment A, except: • in order to reflect the impact of any change in Applicable Law; • in the event your Service usage volume is materially lower than that reflected on Attachment A; • for changes to Bank's pricing methodology for Services, including element IDs associated with a Service, so long as the change does not increase the total price of the Services to you (unless permitted under one of the two immediately preceding bullet points). If you implement additional Services not described on Attachment A prior to the Initial Term End Date, the fees for such additional Services will be as disclosed to you in connection with the implementation of such additional Services." 2. The following text is added at the beginning of Section 4 (titled Term and termination") as a new first sentence: "Subject to the termination provisions below, the initial term of this Agreement will commence on October 1, 2022 and expire on September 30, 2025 ("Initial Term End Date"), and this Agreement may be extended for not more than two (2) additional one-year extension terms by your and our mutual consent." 3. The text of Section 12 (titled "Governing Law") is deleted in its entirety and replaced with the following: 2 Amendment to Master Agreement for Treasury Management Services l September 14,2021 Approved for Use in Texas Local Government Banking Only "Governing law. The Service Documentation will be governed by: (a) U.S. federal law and (b) the law of Texas, without reference to its principles of conflicts of laws ("Governing Law")." 4. The text of Section 14 (titled "Jurisdiction") is deleted in its entirety and replaced with the following: "Jurisdiction. For any proceedings regarding this Agreement (other than a proceeding subject to arbitration), you and we each hereby irrevocably submits to the jurisdiction of the courts of Texas or the federal courts located there and irrevocably agrees that all claims relating to the proceeding may be heard or determined in those courts." 5. The following text is added to the end of the Master Agreement as a new Section 17: "Anti -Boycott Statute Verifications. To the extent that Sections 2271.002 and 2274.002 of the Texas Government Code (the "Anti -Boycott Statutes") apply to this Agreement and subject to applicable U.S. federal law, including, without limitation, 50 U.S.C. Section 4607, we verify that: • We do not, and will not during the term of this Agreement, boycott Israel; • We do not, and will not during the term of this Agreement, boycott energy companies; and • We do not, and will not during the term of this Agreement, have a practice policy, guidance or directive that discriminates against a firearm entity or firearm trade association. The foregoing verifications will not apply to the extent the Anti -Boycott Statutes do not apply to this Agreement. Terms used in this Section 17., including without limitation "boycott Israel", "boycott energy companies" and "discriminate against a firearm entity or firearm trade association", will have the meanings assigned thereto in the Anti -Boycott Statutes." WELLS FARGO BAN , N.A. CITY OF PEARLAND By: Name: Title: Date: By: Name: A kert Johnson Title: Chief Financial Officer Date: July 19, 2022 3 Amendment to Master Agreement for Treasury Management Services l September 14,2021 Approved for Use in Texas Local Government Banking Only Attachment A Pricing for Specified Treasury Management Services See Attached 4 Amendment to Master Agreement for Treasury Management Services 1 September 14, 2021 Approved for Use in Texas Local Government Banking Only City of Pearland Average Positive Collected Balance Reserve Requirement @ 0.00% Investable Balance Available for Services Eamings Allowance @ 0.50% DOA Interest @ 0.16 % Total Earnings Allowance Monthly Analyzed Charges Net Monthly Analyzed Charges *Monthly Fee Based Charges Total Monthly Analyzed Charges 'Charges not offset by balances Attachment A Treasury Management Pro Forma Pricing as of April 2022 Investable balance required to offset $1.00 of analyzed charges ODACT IAMIB IAMTH 22051 22404 DS001 DS510 CK021 15007 CK672 46106 22812 ;BALANCE & COMPENSATION INFORMATION 000210 DAILY USE OF UNCOLL FUNDS-ACCT LVL 000230 RECOUPMENT MONTHLY IB 000230 RECOUPMENT MONTHLY BALANCE & COMPENSATION INFORMATION Subtotal 010000 010010 010021 010020 010100 010101 010630 010102 019999 GENERAL ACCOUNT SERVICES ACCT MAINTENANCE ACCT MAINTENANCE CHEXSTOR-PLUS ZERO BALANCE MONTHLY BASE ZERO BALANCE MASTER ACCOUNT MAINT DEBITS POSTED DESKTOP DEPOSIT -DEPOSIT CREDITED BANK CONFIRMATION AUDIT REQUEST CEO BASIC BANKING -TRANSFER NON ACCT HOLDER CHK CASHING - PAYEE GENERAL ACCOUNT SERVICES Subtotal 03302 050400 LBX TRANSMISSION BASE 36703 050135 LBX MATCHING FILE BASE 36707 050500 LBX ONLINE DECISION BASE 36709 05011R LBX WHOLESALE BASE 03611 050000 LBX REMIT PROCESSED EXPRESS MAIL 36731 050530 LBX CORRESPONDENCE OR REJECTS 36755 050100 LBX STANDARD CHECK PROCESSED 36713 050500 LBX ONLINE DECISION EXCEPTIONS 03905 05011 R LBX DOCUMENT SCANNED 36791 050600 LBX 7 YEAR IMAGE ARCHIVE 36745 050129 LBX VALUE ADDED KEYING 03303 050410 LBX PKG US MAIL DELIVERY 34222 05031Z LBX CEO TIR REPORT PER ITEM 46200 050020 LBX WHOLETAIL BASE 48210 050100 LBX WT CHECKS 48220 050122 LBX WT TOTAL PAYMENTS PROCESSED 48307 059999 LBX WT STD ITEM PROCESSED NON SCAN 48221 050122 LBX WT MULTI PAYMENT Pro Forma 1.00000 0.12750 0.12750 5.00000 5.00000 5.00000 0.00000 0.05000 0.50000 0.00000 0.00000 0.00000 80.00000 75.00000 75.00000 100.00000 2.00000 0.40000 0.36000 0.15000 0.02500 0.01000 0.01000 1.00000 0.03000 100.00000 0.00000 0.16000 0.25000 0.30000 0 13,300 640 13 4 4 1 676 166 0 0 0 1 1 1 1 4 11 1 18 10,342 10,342 11,400 3 9,069 1 2,198 2,416 431 150 $ 131940,997.00 $ 0.00 $ 13,940,997.00 $ 5,920.15 1,807.34 4,112.81 $ 6,455.67 $ 2,342.86 $ 0.00 $ 2,342.86 0.00 1,695.75 81.60 1,777.35 65.00 20.00 20.00 0.00 33.80 83.00 0.00 0.00 0.00 221.80 80.00 75.00 75.00 100.00 8.00 4.40 0.36 2.70 258.55 103.42 114.00 3.00 272.07 100.00 0.00 386.56 107.75 45.00 2,607.14 1 of 6 48222 050002 LBX WT PARTIAL PAYMENT 0.04000 178 7.12 48501 050401 LBX WT TRANSMISSION PER ITEM 75001 059999 LBX VIRTUAL BASE 48250 050530 LBX WT OCR SCANLINE REJECTS ED500 050030 E-BOX MONTHLY MAINT (W/CROSS REF) ED470 059999 E-BOX PAYMENT LOCKBOX SERVICES Subtotal 08052 100006 CK161 100006 08173 100100 CK771 100010 CK197 100040 CK131 100040 CK141 100040 08172 100501 08181 100141 08110 100144 08416 100199 08290 100199 08160 100501 CK062 100416 CK064 100416 CK061 100400 CK075 100402 08025 100015 002 100225 706 100224 311 100225 790 100230 08115 100146 08071 100111 08007 100110 08008 100110 08131 100104 12907 150030 12682 150120 12681 150030 DS191 150122 DS194 150299 MD091 150240 22202 150100 22810 150500 34336 150724 12812 151352 12815 151352 64104 151350 64102 159999 64101 151354 12816 151352 12908 150310 12505 150222 12903 150310 12906 150401 12670 150410 22030 150412 12675 150499 DEPOSITORY SERVICES BRANCH DEPOSIT CASH DEPOSITED IN WF BRANCH CASH VAULT DEPOSIT LOOSE COIN DEPOSITED IN BRANCH CASH ORDER FEE IN A WF BRANCH ROLLED COIN FURNISHED BY WF BRANCH CURRENCY FURNISHED BY WF BRANCH ADJ FOR CASH DEPOSITED IN WF BRANCH CASH VAULT ORDER -AUTOMATED CASH VAULT COIN ROLLS FURNISHED CASH VAULT CURRENCY FURNISHED CASH VAULT CURRENCY/COIN DEPOSITED CASH VAULT DEP - ADJUSTMENT CEO RETURN ITEM RETRIEVAL -IMAGE CEO RETURN ITEM SERVICE MTHLY BASE RETURN ITEM - CHARGEBACK RETURN ITEM REDEPOSITED MISCELLANEOUS CREDITS POSTED DEPOSITED CHECK DESKTOP DEPOSIT -DEPOSITED ITEM WHOLESALE LOCKBOX - DEPOSITED CHECK ELECTRONIC DEPOSIT - DEP ADJUSTMENT CASH VAULT COIN FURNISHED -STD BOX CASH VAULT DEP - NONSTD COIN BAG CASH VAULT DEP - NONVERIFIED ENV CASH VAULT DEP - ROLLED COIN CASH VAULT DEP - VERIFIED ENVELOPE DEPOSITORY SERVICES Subtotal PAPER DISBURSEMENT SERVICES POSITIVE PAY MONTHLY BASE POSITIVE PAY ONLY - ITEM POSITIVE PAY ONLY MONTHLY BASE PAYEE VALIDATION STANDARD -ITEM PAYEE VALIDATION MANUAL REVIEW/ITEM PYMT AUTH MAX CHECK MTHLY BASE DDA CHECKS PAID WF CHK CASHED FOR NONACCT HOLDER POSITIVE PAY EXCEPTION - CEO IMAGE CEO IMAGE VIEW < 90 DAYS - ITEM CEO IMAGE VIEW > 90 DAYS - ITEM IFI MAINTENANCE PER PRODUCT IFI PAID CHECKS - DELUXE IFI PAID CHECKS - IMAGE DESKTOP DEPOSIT IMAGES RETRIEVED POS PAY CHECKS WITH NO ISSUE RECORD POSITIVE PAY EXCEPTION CHECKS RETND POSITIVE PAY EXCEPTIONS - ITEM POSPAY VERIFICATION CALL -CASHED STOP PAYMENT - ONLINE STOP PAYMENT - AUTO RENEWAL STOP PAYMENT - PAPER CONFIRMATION 0.01500 40.00000 0.15000 50.00000 0.02750 0.40000 0.00050 0.60000 10.00000 4.00000 0.15000 0.00130 13.00000 4.00000 0.12000 0.00130 0.00050 7.50000 2.50000 0.00000 2.00000 5.00000 0.40000 0.08000 0.06500 0.04500 15.00000 4.00000 12.00000 1.00000 0.12000 2.00000 10.00000 0.08000 15.00000 0.02000 0.25000 5.00000 0.06000 0.00000 1.00000 0.10000 1.00000 75.00000 0.01000 0.05000 0.00000 0.00000 0.00000 0.00000 10.00000 6.00000 3.00000 5.00000 2,846 1 0 1 4,379 1 1,793 57 0 3 4 492 0 1 5 682 61,762 1 4 2 4 2 92 188 1,281 925 0 0 0 0 0 0 2 1 2 201 0 14 292 4 4 16 24 1 109 109 0 2 4 4 0 0 0 0 42.69 40.00 0.00 50.00 120.42 1,996.04 4.40 0.90 34.20 0.00 12.00 0.60 0.64 0.00 4.00 0.60 0.89 30.88 7.50 10.00 0.00 8.00 10.00 36.80 15.04 83.27 41.63 0.00 0.00 0.00 0.00 0.00 0.00 301.33 20.00 0.08 30.00 4.02 0.00 70.00 17.52 0.00 4.00 1.60 24.00 75.00 1.09 5.45 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Pro Forma 2 of 6 12677 150300 MICR CHECK REJECTS >1% THROUGH 2% 12678 150300 MICR CHECK REJECTS OVER 2% 24250 150340 OVERDRAFT CHARGE -PAID ITEM 24253 150341 OVERDRAFT CHARGE -RETURNED ITEM PAPER DISBURSEMENT SERVICES Subtotal 12377 12060 34337 12687 12604 12430 12609 12684 34350 12694 200201 200010 200201 209999 200306 200301 200310 200310 200306 200100 ES280 250000 ES211 250102 ES204 250202 ES801 250501 ES237 250710 CK018 250201 ES203 250000 34340 250400 34342 250400 ES349 250220 ES344 250202 06505 250302 06504 250302 06502 250302 06503 250302 34333 251050 34334 251050 34338 251052 34335 251053 06535 250302 ES216 250102 ES206 250120 ES254 250501 ES205 250220 ES240 250310 ES362 250311 06507 250312 06506 250312 06511 250312 ES230 250620 ES346 250622 ES361 250642 ES339 251010 06510 251010 06508 251010 06509 251010 ES231 250620 34285 250703 06230 251070 PAPER .DISBURSEMENT }RECON SERVICES it ARP FULL RECON-ITEM ARP MONTHLY BASE - FULL CEO CHECK ISSUES -ITEM ARP AGED ISSUE RECORDS ON FILE -ITEM ARP OPTIONAL REPORTS ARP OUTPUT - TRANSMISSION ARP PAPER STATEMENT/REPORT DELIVERY ARP PAPER STMT/REPORT MONTHLY BASE CEO ARP STMT & RPTS MONTHLY BASE OUTGOING TRANSMISSION - PER ITEM PAPER DISBURSEMENT RECON SERVICES Subtotal GENERAL ACH SERVICES (. ACH MONTHLY BASE ACH FUTURE DATED ITEM ACH PERFECT RECEIVABLES - ITEM ACH TRANSMISSION CHARGE ACH FAX SERVICE ELECTRONIC CREDITS POSTED ACH/WIRE PERFECT RECEIVABLE -MO BASE ACH CEO RETURN SUBSCRIPTION -ACCOUNT ACH CEO RETURN SUBSCRIPTION - ITEM ACH RECEIVED ADDENDA ACH RECEIVED ITEM ACH RETURN ADMIN -ELECTRONIC ACH RETURN ADMIN -MANUAL ACH RETURN ITEM -ELECTRONIC ACH RETURN ITEM -MANUAL ACH CEO FRAUD FILTER REVIEW MO BASE ACH CEO FRAUD FILTER STOP MTHLYBASE ACH CEO FRAUD FILTER STOP - ITEM ACH CEO FRAUD FILTER REVIEW - ITEM ACH NOC -MANUAL ACH SAME DAY ACH ORIGINATED -ADDENDA REC ACH ORIGINATION/REJECT DATA- FILE ACH PERFECT RECEIVABLES -ADDENDA ACH RETURN ITEM -REDEPOSITED ACH RETURN ITEM - DISHONORED ACH RETURN UNAUTHORIZED -ELECTRONIC ACH RETURN UNAUTHORIZED -MANUAL ACH RETURN UNAUTHORIZED QUALITY FEE ACH DELETE - ITEM ACH EXCEPTION PROCESS-DUPLICAT FILE ACH REVERSAL - ITEM ACH SPECIAL INVESTIGATION ACH AUTHORIZATION INVESTIGATION ACH COMPLEX SPECIAL INVESTIGATION ACH IAT INVESTIGATION ACH DELETE/REVERSE - BATCH/FILE CEO ACH HYP ITM DET INQ - PER ITEM ACH PERFECT NOC PER ITEM GENERAL ACH SERVICES Subtotal 0.00000 0.00000 35.00000 35.00000 0.03000 20.00000 0.05000 0.00600 4.00000 5.00000 5.00000 5.00000 5.00000 0.00500 5.00000 0.04000 0.15000 5.00000 1.00000 0.05000 15.00000 5.00000 0.10000 0.00000 0.05000 3.00000 1.00000 3.00000 1.00000 5.00000 5.00000 5.00000 5.00000 5.00000 0.50000 0.05500 3.50000 0.05000 3.00000 3.00000 3.00000 3.00000 5.00000 10.00000 10.00000 15.00000 15.00000 30.00000 100.00000 15.00000 15.00000 0.50000 0.02000 0 0 0.00 0.00 0 0.00 0 0.00 252.76 574 17.22 2 40.00 8 0.40 9,471 6 1 1 1 1 10,842 2 4,580 1 8 25 692 1 3 0 291 1,001 0 4 0 7 17 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 56.83 24.00 5.00 5.00 5.00 5.00 54.21 212.66 30.00 183.20 0.15 40.00 25.00 34.60 15.00 15.00 0.00 0.00 50.05 0.00 4.00 0.00 7.00 85.00 0.00 0.00 5.00 5.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 499.00 Pro Forma 3 of 6 28006 300200 REC MGR OR E-BOX TRANSMISSION 28019 300010 RECEIVABLES MANAGER MONTHLY BASE 28318 300210 RMGR ITEM CHK AND OTHER ELECTRONIC EDI PAYMENT SERVICES Subtotal ES030 ES141 ES139 ES191 ES076 ES072 ES147 18030 18602 18031 350300 350120 350100 350320 350310 350412 350113 350330 350560 350541 WIRE WIRE WIRE WIRE WIRE WIRE WIRE WIRE WIRE WIRE WIRE WIRE __.. &OTHER FUNDS TRANSFER SERVICE IN TO USA ACCT-USA DOMESTIC BOOK TRANSFER CEO/API OUT DOMESTIC CEO/API IN XBDR CORRESP BANK-USD/FX IN XBDR USA ACCT-USD OR FX MAIL CONFIRMATION OUT XBDR USD CEO/API IN REPAIR INVESTIGATION OUT REPAIR & OTHER FUNDS TRANSFER SERVICE Subtotal INFORMATIONSERVICES 34123 40022Z CEO ALERTS SERVICE - EMAIL 34128 40022Z CEO ALERTS SERVICE - TEXT 34602 400274 CEO E-BOX RPT - ITEM 34601 400054 CEO E-BOX RPT SUBSCRIPTION MO BASE 34121 400274 CEO INTRADAY REPORTING ITEMS RPTD 34120 400055 CEO INTRADAY REPORTING SUBSCRIPTION 34286 400271 CEO PREV DAY EXT DETAIL ITEMS RPTD 34115 400271 CEO PREV DAY REPORTING ITEMS LOADED 34100 400052 CEO PREV DAY REPORTING SUBSCRIPTION 27707 400340 CEO SEARCH 34212 400340 WIRE INQUIRY DETAIL PER ITEM -CEO 34205 400003 WIRE TRANSFER REPORT BASE -CEO 46100 40005Z CEO BASIC BANKING - MONTHLY BASE 46102 40005Z CEO BASIC BANKING ADDL ACCT-MO BASE 15017 400003 DESKTOP DEPOSIT MONTHLY BASE 15003 400231 DESKTOP DEPOSIT REPORT PER ITEM 34207 400274 WIRE TRANSFER RPRT PER ITEM -CEO INFORMATION SERVICES Subtotal INVESTMENT/CUSTODY SERVICES 34110 450405 SWEEP ACCOUNT POSITION REPORT 22087 450403 SWEEP STAGECOACH MUTUALFND ELECTNIC 22094 450200 SWEEP STAGECOACH MUTUAL FND MO BASE INVESTMENT/CUSTODY SERVICES Subtotal 03850 03082 050138 050137 SETUP CHARGES LOCKBOX SERVICES LOCKBOX SET UP LBX PROGRAMMING LOCKBOX SERVICES Subtotal 64100 151357 IFI SETUP PER PRODUCT PAPER DISBURSEMENT SERVICES Subtotal 12021 200410 ARP SET UP PAPER DISBURSEMENT RECON SERVICES Subtotal Pro Forma 2.50000 75.00000 0.07500 4.00000 0.00000 5.00000 3.00000 10.00000 5.00000 10.00000 3.00000 40.00000 3.00000 0.10000 0.10000 0.02500 75.00000 0.30000 8.00000 0.10000 0.05000 8.00000 0.25000 1.00000 5.00000 5.00000 5.00000 5.00000 0.00000 0.50000 10.00000 0.00000 15.00000 0.00000 100.00000 0.00000 0.00000 42 2 2,602 105.00 150.00 195.15 450.15 2 48.00 3 0.00 8 40.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 88.00 394 39.40 0 0.00 4,379 109.48 1 75.00 0 0.00 2 16.00 0 0.00 1,854 92.70 17 136.00 32 8.00 0 0.00 1 5.00 1 5.00 0 0.00 1 5.00 0 0.00 0 0.00 491.58 6 7 7 0 0 60.00 0.00 105.00 165.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4 of ES201 251000 ACH SETUP 06094 251001 ACH FRAUD FILTER- SET UP 06092 251001 ACH ORIGINATION NEW COMP ID -SET UP GENERAL ACH SERVICES Subtotal 28022 300320 28017 300320 -EDI PAYMENT( SERVICES CEO TREAS INFO REPORT EDI SETUP RECEIVABLES MANAGER SET UP EDI PAYMENT SERVICES Subtotal 18325 359999 WIRE ACCOUNT ADD CEO/API WIRE & OTHER FUNDS TRANSFER SERVICE Subtotal Total Analyzed Charges *Total Fee Based Charges Total Service Charges 0.00000 0.00000 0.00000 0.00000 1,500.00000 0.00000 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6,455.67 0.00 6,455.67 Pro Forma 5 of 6 TARGCY We created this proposal for you based on our understanding of your requirements and the services in which you expressed interest. This proposal confirms the deposit and treasury management services and the pricing we plan to provide you based on certain assumptions including projected volumes and other relevant information you provided. This document is confidential. Please do not share it without first obtaining our written permission. The services and pricing contained in this proposal are valid for 90 days. The pricing is subject to change if the actual volume or scope of services differs from the assumptions upon which we based the pricing. Please let us know if you believe this proposal does not accurately represent the prices or services we discussed with you. If you have questions about the services in this proposal, please contact your Treasury Management Sales Consultant or visit www.wellsfargo.com/accountanalysis for additional information about the services. Regarding your services Alerts Service Charges are assessed against the volume of Alerts per user per company, per month basis. Users are only charged for the first 80 events/alerts per month, per delivery mechanism (email or text). There is no per company cap for billing. Wire Book Transfer A CEO Wire book transfer is between two accounts initiated via CEO Wires Book Transfer workflow. A Payment Manager Book transfer is charged when the debit and credit accounts are setup in a single CEO Company id and entitled to Book Transfer. Services with No Volumes Services listed with zero volume are not included in the estimated monthly analysis fee but are included in the event the service is used in the future. Pro Forma 6 of 6