Common use of Amendment for Sale Accounting Purposes Clause in Contracts

Amendment for Sale Accounting Purposes. 55 SECTION 31. Election Under Delaware Asset-Backed Securities Facilitation Act................................56 EXHIBITS EXHIBIT A: Form of Investors Certificates EXHIBIT B: Form of Certificateholders' Monthly Statement EXHIBIT C: Form of Master Servicer's Monthly Certificate DISCOVER CARD MASTER TRUST I SERIES 2002-5 CERTIFICATES This Series of Master Trust Certificates is established pursuant to Section 6.06 of that certain Pooling and Servicing Agreement, dated as of October 1, 1993, as amended, by and between DISCOVER BANK (formerly Greenwood Trust Company), a Delaware banking corporation ("Discover Bank"), as Master Servicer, Servicer and Seller and U.S. BANK NATIONAL ASSOCIATION (formerly First Bank National Association, successor trustee to Bank of America Illinois, formerly Continental Bank, National Association) (the "Trustee"), as Trustee (the "Pooling and Servicing Agreement"). This SERIES TERM SHEET and the ANNEX attached hereto, by and among the Master Servicer, the Servicers, the Sellers and the Trustee, constitute the SERIES SUPPLEMENT (the "Series Supplement"). The Pooling and Servicing Agreement and this Series Supplement together establish the Series of Master Trust Certificates to be known as the DISCOVER CARD MASTER TRUST I, SERIES 2002-5 CERTIFICATES. SERIES TERM SHEET Date of Series Term Sheet December 11, 2002. Group One. Series Initial Investor Interest $1,263,158,000. Class Initial Investor Interest Class A - $1,200,000,000. of each Class of Investor Certificates Class B - $63,158,000. Class A Expected Final Payment Date The Distribution Date in November 2004.

Amendment for Sale Accounting Purposes. 55 SECTION 31. Election Under Delaware Asset-Backed Securities Facilitation Act....................................................56 EXHIBITS EXHIBIT A: Form of Investors Certificates EXHIBIT B: Form of Certificateholders' Monthly Statement EXHIBIT C: Form of Master Servicer's Monthly Certificate DISCOVER CARD MASTER TRUST I SERIES 2002-5 4 CERTIFICATES This Series of Master Trust Certificates is established pursuant to Section 6.06 of that certain Pooling and Servicing Agreement, dated as of October 1, 1993, as amended, by and between DISCOVER BANK (formerly Greenwood Trust Company), a Delaware banking corporation ("Discover Bank"), as Master Servicer, Servicer and Seller and U.S. BANK NATIONAL ASSOCIATION (formerly First Bank National Association, successor trustee to Bank of America Illinois, formerly Continental Bank, National Association) (the "Trustee"), as Trustee (the "Pooling and Servicing Agreement"). This SERIES TERM SHEET and the ANNEX attached hereto, by and among the Master Servicer, the Servicers, the Sellers and the Trustee, constitute the SERIES SUPPLEMENT (the "Series Supplement"). The Pooling and Servicing Agreement and this Series Supplement together establish the Series of Master Trust Certificates to be known as the DISCOVER CARD MASTER TRUST I, SERIES 2002-5 4 CERTIFICATES. SERIES TERM SHEET Date of Series Term Sheet December 11October 17, 2002. Group One. Series Initial Investor Interest $1,263,158,000789,474,000. Class Initial Investor Interest Class A - $1,200,000,000. of each Class of Investor Certificates Class A - $750,000,000. Class B - $63,158,00039,474,000. Class A Expected Final Payment Date The Distribution Date in October 2005. Class B Expected Final Payment Date The Distribution Date in November 20042005. Type of Structure Bullet Maturity. Certificate Rates Class A - LIBOR + 0.06% per annum, calculated on the basis of the actual number of days elapsed and a 360-day year. Class B - LIBOR + 0.35% per annum, calculated on the basis of the actual number of days elapsed and a 360-day year. Monthly Amortization Rate Not applicable. Prepayment Calculation Table Not applicable. Prepayment Determination Date Not applicable. Class Cap Rate Not applicable. Class Maximum Rate Not applicable.

Amendment for Sale Accounting Purposes. 55 SECTION 31. Election Under Delaware Asset-Backed Securities Facilitation Act................................56 57 i 3 EXHIBITS EXHIBIT A: Form of Investors Certificates EXHIBIT B: Form of Certificateholders' Monthly Statement EXHIBIT C: Form of Master Servicer's Monthly Certificate DISCOVER CARD MASTER TRUST I SERIES 2002-5 CERTIFICATES This Series of Master Trust Certificates is established pursuant to Section 6.06 of that certain Pooling and Servicing Agreement, dated as of October 1, 1993, as amended, by and between DISCOVER BANK (formerly Greenwood Trust Company), a Delaware banking corporation ("Discover Bank"), as Master Servicer, Servicer and Seller and U.S. BANK NATIONAL ASSOCIATION (formerly First Bank National Association, successor trustee to Bank of America Illinois, formerly Continental Bank, National Association) (the "Trustee"), as Trustee (the "Pooling and Servicing Agreement"). This SERIES TERM SHEET and the ANNEX attached hereto, by and among the Master Servicer, the Servicers, the Sellers and the Trustee, constitute the SERIES SUPPLEMENT (the "Series Supplement"). The Pooling and Servicing Agreement and this Series Supplement together establish the Series of Master Trust Certificates to be known as the DISCOVER CARD MASTER TRUST I, SERIES 2002-5 200 - CERTIFICATES. SERIES TERM SHEET Date of Series Term Sheet December 11, 2002200 . Group One. Series Initial Investor Interest $1,263,158,000$ . Class Initial Investor Interest Class A - $1,200,000,000. of each Class of Investor Certificates Class A - $ . Class B - $63,158,000$ . Class A Expected Final Payment Date The Distribution Date in November 2004200 . Class B Expected Final Payment Date The Distribution Date in 200 . Type of Structure Bullet Maturity. Certificate Rates Class A - [LIBOR plus] % per annum, calculated on the basis of the actual number of days elapsed and a 360-day year.

Amendment for Sale Accounting Purposes. 55 56 SECTION 31. Election Under Delaware Asset-Backed Securities Facilitation Act................................................................. 56 EXHIBITS EXHIBIT A: Form of Investors Certificates EXHIBIT B: Form of Certificateholders' Monthly Statement EXHIBIT C: Form of Master Servicer's Monthly Certificate DISCOVER CARD MASTER TRUST I SERIES 20022003-5 2 CERTIFICATES This Series of Master Trust Certificates is established pursuant to Section 6.06 of that certain Pooling and Servicing Agreement, dated as of October 1, 1993, as amended, by and between DISCOVER BANK (formerly Greenwood Trust Company), a Delaware banking corporation ("Discover Bank"), as Master Servicer, Servicer and Seller and U.S. BANK NATIONAL ASSOCIATION (formerly First Bank National Association, successor trustee to Bank of America Illinois, formerly Continental Bank, National Association) (the "Trustee"), as Trustee (the "Pooling and Servicing Agreement"). This SERIES TERM SHEET and the ANNEX attached hereto, by and among the Master Servicer, the Servicers, the Sellers and the Trustee, constitute the SERIES SUPPLEMENT (the "Series Supplement"). The Pooling and Servicing Agreement and this Series Supplement together establish the Series of Master Trust Certificates to be known as the DISCOVER CARD MASTER TRUST I, SERIES 20022003-5 2 CERTIFICATES. SERIES TERM SHEET Date of Series Term Sheet December 11February 18, 20022003. Group One. Series Initial Investor Interest $1,263,158,000526,316,000. Class Initial Investor Interest Class A - $1,200,000,000. of each Class of Investor Certificates Class A - $500,000,000. Class B - $63,158,00026,316,000. Class A Expected Final Payment Date The Distribution Date in November 2004February 2008. Class B Expected Final Payment Date The Distribution Date in March 2008. Type of Structure Bullet Maturity. Certificate Rates Class A - LIBOR + 0.13% per annum, calculated on the basis of the actual number of days elapsed and a 360-day year. Class B -3.85% per annum, calculated on the basis of a 360-day year of twelve 30-day months or, in the case of accrual of interest for the period from and including the Series Closing Date to but excluding March 15, 2003, calculated on the basis of the number of days elapsed and a 360-day year, assuming that the month of February has 30 days. Subseries None. Monthly Amortization Rate Not applicable. Prepayment Calculation Table Not applicable. Prepayment Determination Date Not applicable. Class Cap Rate Not applicable. Class Maximum Rate Not applicable.

Amendment for Sale Accounting Purposes. 55 SECTION 31. Election Under Delaware Asset-Backed Securities Facilitation Act................................56 58 EXHIBITS EXHIBIT A: Form of Investors Certificates EXHIBIT B: Form of Certificateholders' Monthly Statement EXHIBIT C: Form of Master Servicer's Monthly Certificate DISCOVER CARD MASTER TRUST I SERIES 2002-5 1 CERTIFICATES This Series of Master Trust Certificates is established pursuant to Section 6.06 of that certain Pooling and Servicing Agreement, dated as of October 1, 1993, as amended, by and between DISCOVER BANK (formerly Greenwood Trust Company), a Delaware banking corporation ("Discover Bank"), as Master Servicer, Servicer and Seller and U.S. BANK NATIONAL ASSOCIATION (formerly First Bank National Association, successor trustee to Bank of America Illinois, formerly Continental Bank, National Association) (the "Trustee"), as Trustee (the "Pooling and Servicing Agreement"). This SERIES TERM SHEET and the ANNEX attached hereto, by and among the Master Servicer, the Servicers, the Sellers and the Trustee, constitute the SERIES SUPPLEMENT (the "Series Supplement"). The Pooling and Servicing Agreement and this Series Supplement together establish the Series of Master Trust Certificates to be known as the DISCOVER CARD MASTER TRUST I, SERIES 2002-5 1 CERTIFICATES. SERIES TERM SHEET Date of Series Term Sheet December 11January 23, 2002. Group One. Series Initial Investor Interest $1,263,158,0001,052,632,000. Class Initial Investor Interest of Class A - $1,200,000,0001,000,000,000. of each Class of Investor Certificates Class B - $63,158,00052,632,000. Class A Expected Final Payment Date The Distribution Date in November 2004January 2005.

Amendment for Sale Accounting Purposes. 55 58 SECTION 31. Election Under Delaware Asset-Backed Securities Facilitation Act................................56 ................................. 59 SECTION 32. Issuance of Additional Certificates.............................................................. 58 EXHIBITS EXHIBIT A: Form of Investors Investor Certificates EXHIBIT B: Form of Certificateholders' Monthly Statement EXHIBIT C: Form of Master Servicer's Monthly Certificate DISCOVER CARD MASTER TRUST I SERIES 2002-5 200 - CERTIFICATES This Series of Master Trust Certificates is established pursuant to Section 6.06 of that certain Pooling and Servicing Agreement, dated as of October 1, 1993, as amended, by and between DISCOVER BANK (formerly Greenwood Trust Company), a Delaware banking corporation ("Discover Bank"), as Master Servicer, Servicer and Seller and U.S. BANK NATIONAL ASSOCIATION (formerly First Bank National Association, successor trustee to Bank of America Illinois, formerly Continental Bank, National Association) (the "Trustee"), as Trustee (the "Pooling and Servicing Agreement"). This SERIES TERM SHEET and the ANNEX attached hereto, by and among the Master Servicer, the Servicers, the Sellers and the Trustee, constitute the SERIES SUPPLEMENT (the "Series Supplement"). The Pooling and Servicing Agreement and this Series Supplement together establish the Series of Master Trust Certificates to be known as the DISCOVER CARD MASTER TRUST I, SERIES 2002-5 200 - CERTIFICATES. SERIES TERM SHEET Date of Series Term Sheet December 11, 2002200 . Group One. Series Initial Investor Interest $1,263,158,000$ . Class Initial Investor Interest Class A - $1,200,000,000. $ ; plus the face amount of any of each Class of Investor Class A Certificates issued in an increase of Certificates the Series Investor Interest pursuant to Section 32. Class B - $63,158,000$ ; plus the face amount of any Class B Certificates issued in an increase of the Series Investor Interest pursuant to Section 32. Class A Expected Final Payment Date The Distribution Date in November 2004200 . Date Class B Expected Final Payment The Distribution Date in 200 . Date Type of Structure Bullet Maturity. Certificate Rates Class A - [LIBOR +] % per annum, calculated on the basis of [the actual number of days elapsed] and a 360-day year. Class B - [LIBOR +] % per annum, calculated on the basis of [the actual number of days elapsed] and a 360-day year. Subseries None. Monthly Amortization Rate Not applicable. Prepayment Calculation Table Not applicable. Prepayment Determination Date Not applicable. Class Cap Rate Not applicable. Class Maximum Rate Not applicable.