Common use of Variable Rates of the Finance Charge Clause in Contracts

Variable Rates of the Finance Charge. The ANNUAL PERCENTAGE RATES under subparagraphs (a) and (b) above are variable rates based on the Prime Rate published in the “Money Rates” table in The Wall Street Journal. The rates of the FINANCE CHARGE under this Agreement may increase if the Prime Rate increases. The effect of an increase in the Prime Rate will be an increase in the amount of the Minimum Payment due under this Agreement. We will calculate ANNUAL PERCENTAGE RATES every month, based on the Prime Rate published in the “Money Rates” table in The Wall Street Journal two days prior to the statement closing date for the billing period. If two or more Prime Rates are published on that day, the highest of those rates will be used to calculate the rates of the FINANCE CHARGE under this Agreement. If two days prior to the statement closing date is a day on which The Wall Street Journal was not published, the previous business day on which The Wall Street Journal was published will be used. If The Wall Street Journal ceases publication, or no longer publishes the prime rate, or changes the manner by which its prime rate is determined, we may select another comparable index of short- term interest rates to be the “Prime Rate” under this Agreement. The new ANNUAL PERCENTAGE RATES, and the new daily periodic rates calculated by multiplying the new ANNUAL PERCENTAGE RATES by 1/365, will apply to the Account beginning on the first day of the next billing cycle of the Account after the date on which the new ANNUAL PERCENTAGE RATES were calculated, and will continue to apply until new ANNUAL PERCENTAGE RATES and the corresponding daily periodic rates are calculated and have become effective in the manner described in this paragraph. The new ANNUAL PERCENTAGE RATES and the corresponding new daily periodic rates may apply retroactively to the first day of the billing cycle, and transactions that occurred during the billing cycle both prior to and after the date the new ANNUAL PERCENTAGE RATES were calculated may be subject to the new ANNUAL PERCENTAGE RATES and the corresponding new daily periodic rates for the entire billing cycle. Calculating the Average Daily Balances We calculate an “average daily balance” on all Cards issued on your Account separately for Purchases (excluding introductory period Balance Transfers), Cash Advances, introductory period Balance Transfers, and any special rate offers (as applicable). To get the “average daily balance” of the Account for each of these types of transactions, we take the beginning balance of the Account each day, add any new Purchases (excluding introductory period Balance Transfers), Cash Advances, introductory period Balance Transfers or other special rate offers (as applicable), and subtract any Payments and Credits applied to that type of transaction under the payment allocation method then in effect. This gives us the daily balance for each of these types of transactions. (Credit balances are treated as zero for purposes of calculating the daily balances.) Then, we add all of the daily balances for the billing cycle for each of these types of transactions and divide the respective totals by the number of days in the billing cycle. This gives us the “average daily balance” for the Account for each of these types of transactions. The average daily balances include current transactions for Purchases (including Balance Transfers) and for Cash Advances, except that if the Previous Balance of the Account was zero or a credit balance, or if the total of Payments and Credits posted to the Account during the billing cycle equals or exceeds the Previous Balance, Purchases posted to the Account during the billing cycle are not included in the daily balances of Purchases for purposes of calculating the FINANCE CHARGE. Cash Advance Transaction Fee Finance Charges: If you or a Designated Employee use a Card or a check (Convenience Check) to obtain a Cash Advance, we will charge your Account a Cash Advance transaction fee FINANCE CHARGE equal to 4% of the U.S. dollar amount of the Cash Advance, subject to a minimum fee of $10 for each Cash Advance.

Variable Rates of the Finance Charge. The ANNUAL PERCENTAGE RATES under subparagraphs (a) and (b) above are variable rates based on the Prime Rate published in the “Money Rates” table in The Wall Street Journal. The rates of the FINANCE CHARGE under this Agreement may increase if the Prime Rate increases. The effect of an increase in the Prime Rate will be an increase in the amount of the Minimum Payment due under this Agreement. We will calculate ANNUAL PERCENTAGE RATES every month, based on the Prime Rate published in the “Money Rates” table in The Wall Street Journal two days prior to as of the statement closing date for the billing period. If two or more Prime Rates are published on that day, the highest of those rates will be used to calculate the rates of the FINANCE CHARGE under this Agreement. If two days prior to the statement closing date is a day on which The Wall Street Journal was not published, the previous business day on which The Wall Street Journal was published will be used. If The Wall Street Journal ceases publication, or no longer publishes the prime rate, or changes the manner by which its prime rate is determined, we may select another comparable index of short- short-term interest rates to be the “Prime Rate” under this Agreement. The new ANNUAL PERCENTAGE RATES, and the new daily periodic rates calculated by multiplying the new ANNUAL PERCENTAGE RATES by 1/365, will apply to the Account beginning on the first day of the next billing cycle of the Account after the date on which the new ANNUAL PERCENTAGE RATES were calculated, and will continue to apply until new ANNUAL PERCENTAGE RATES and the corresponding daily periodic rates are calculated and have become effective in the manner described in this paragraph. The new ANNUAL PERCENTAGE RATES and the corresponding new daily periodic rates may apply retroactively to the first day of the billing cycle, and transactions that occurred during the billing cycle both prior to and after the date the new ANNUAL PERCENTAGE RATES were calculated may be subject to the new ANNUAL PERCENTAGE RATES and the corresponding new daily periodic rates for the entire billing cycle. Calculating the Average Daily Balances We calculate an “average daily balance” on all Cards issued on your Account separately for Purchases (excluding introductory period Balance Transfers), Cash Advances, introductory period Balance Transfers, and any special rate offers (as applicable). To get the “average daily balance” of the Account for each of these types of transactions, we take the beginning balance of the Account each day, add any new Purchases (excluding introductory period Balance Transfers), Cash Advances, introductory period Balance Transfers or other special rate offers (as applicable), and subtract any Payments and Credits applied to that type of transaction under the payment allocation method then in effect. This gives us the daily balance for each of these types of transactions. (Credit balances are treated as zero for purposes of calculating the daily balances.) Then, we add all of the daily balances for the billing cycle for each of these types of transactions and divide the respective totals by the number of days in the billing cycle. This gives us the “average daily balance” for the Account for each of these types of transactions. The average daily balances include current transactions for Purchases (including Balance Transfers) and for Cash Advances, except that if the Previous Balance of the Account was zero or a credit balance, or if the total of Payments and Credits posted to the Account during the billing cycle equals or exceeds the Previous Balance, Purchases posted to the Account during the billing cycle are not included in the daily balances of Purchases for purposes of calculating the FINANCE CHARGE. Cash Advance Transaction Fee Finance Charges: If you or a Designated Employee use a Card or a check (Convenience Check) to obtain a Cash Advance, we will charge your Account a Cash Advance transaction fee FINANCE CHARGE equal to 45% of the U.S. dollar amount of the Cash Advance, subject to a minimum fee of $10 for each Cash Advance.

Variable Rates of the Finance Charge. The ANNUAL PERCENTAGE RATES under subparagraphs (a) and (b) above are variable rates based on the Prime Rate published in the “Money Rates” table in The Wall Street Journal. The rates of the FINANCE CHARGE under this Agreement may increase if the Prime Rate increases. The effect of an increase in the Prime Rate will be an increase in the amount of the Minimum Payment due under this Agreement. We will calculate ANNUAL PERCENTAGE RATES every month, based on the Prime Rate published in the “Money Rates” table in The Wall Street Journal two days prior to the statement closing date for the billing period. If two or more Prime Rates are published on that day, the highest of those rates will be used to calculate the rates of the FINANCE CHARGE under this Agreement. If two days prior to the statement closing date is a day on which The Wall Street Journal was not published, the previous business day on which The Wall Street Journal was published will be used. If The Wall Street Journal ceases publication, or no longer publishes the prime rate, or changes the manner by which its prime rate is determined, we may select another comparable index of short- short-term interest rates to be the “Prime Rate” under this Agreement. The new ANNUAL PERCENTAGE RATES, and the new daily periodic rates calculated by multiplying the new ANNUAL PERCENTAGE RATES by 1/365, will apply to the Account beginning on the first day of the next billing cycle of the Account after the date on which the new ANNUAL PERCENTAGE RATES were calculated, and will continue to apply until new ANNUAL PERCENTAGE RATES and the corresponding daily periodic rates are calculated and have become effective in the manner described in this paragraph. The new ANNUAL PERCENTAGE RATES and the corresponding new daily periodic rates may apply retroactively to the first day of the billing cycle, and transactions that occurred during the billing cycle both prior to and after the date the new ANNUAL PERCENTAGE RATES were calculated may be subject to the new ANNUAL PERCENTAGE RATES and the corresponding new daily periodic rates for the entire billing cycle. Calculating the Average Daily Balances We calculate an “average daily balance” on all Cards issued on your Account separately for Purchases (excluding introductory period Balance Transfers), Cash Advances, introductory period Balance Transfers, and any special rate offers (as applicable). To get the “average daily balance” of the Account for each of these types of transactions, we take the beginning balance of the Account each day, add any new Purchases (excluding introductory period Balance Transfers), Cash Advances, introductory period Balance Transfers or other special rate offers (as applicable), and subtract any Payments and Credits applied to that type of transaction under the payment allocation method then in effect. This gives us the daily balance for each of these types of transactions. (Credit balances are treated as zero for purposes of calculating the daily balances.) Then, we add all of the daily balances for the billing cycle for each of these types of transactions and divide the respective totals by the number of days in the billing cycle. This gives us the “average daily balance” for the Account for each of these types of transactions. The average daily balances include current transactions for Purchases (including Balance Transfers) and for Cash Advances, except that if the Previous Balance of the Account was zero or a credit balance, or if the total of Payments and Credits posted to the Account during the billing cycle equals or exceeds the Previous Balance, Purchases posted to the Account during the billing cycle are not included in the daily balances of Purchases for purposes of calculating the FINANCE CHARGE. Cash Advance Transaction Fee Finance Charges: If you or a Designated Employee use a Card or a check (Convenience Check) to obtain a Cash Advance, we will charge your Account a Cash Advance transaction fee FINANCE CHARGE equal to 4% of the U.S. dollar amount of the Cash Advance, subject to a minimum fee of $10 for each Cash Advance.