Common use of DAY ENTRIES Clause in Contracts

DAY ENTRIES. A Credit or Debit Entry with an Effective Entry Date of the date of or a date prior to the date of the transmission of the Entry or File to the Institution and received by the Institution prior to the applicable Same-Day ACH cut-off time may be sent as a Same-Day Entry. The Institution does not generally send Same-Day Entries on a daily basis. As such, the Company must notify the Institution according to the contact information in Schedule A for approval prior to sending Entries for Same-Day processing. If the Institution elects to approve the Entries for Same-Day processing, it shall not be considered a waiver of the Institution’s rights to refuse to do so at any other time nor shall it be an agreement by the Institution to send Same-Day Entries for the Company on a daily basis. The Rules impose a per-transaction Entry limit of $100,000. Entries above the amount allowed in the Rules are not eligible for Same-Day ACH processing. In addition to any other fees that the Company is obligated to pay the Institution, the Company hereby agrees to pay the Institution the Same-Day Entry fee established by the Institution from time to time for Same-Day Entries transmitted to the Institution by the Company. The cut-off time for delivery of Same-Day Entries from the Company to the Institution is specified in Schedule A). *Company Corporate Official's Name & Title (Print Name): X *Company Corporate Official's Signature: Date (MM DD/YYYY): X Authorized Bank Officer (Print Name): X Authorized Bank Officer Signature: Date (MM DD/YYYY): X • Existing Online User: the “Cash Mgmt. Agreement – Addendum” is not needed. However, is there an original “Online Banking Bus App – Cash Mgmt. Agreement” on file? (It is REQUIRED.) • ACH Agreement signed & dated by appropriate company & bank officials (signature verified). • ACH Agreement Delivered to: Q2 Central Personnel OR E-mailed to: ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ **Don’t forget to include the completed ACH Assessment (Originator or Third-Party Sender). • Q2 Central Profile updated to add ACH Services, e.g., requests/limits are activated/updated after financials are reviewed ( if financials apply). • Training provided to customer for ACHs submitted through online banking (email or print). • Agreement scanned/indexed to Arc Image > DEP ACH Agreement ► Cut-off time and Business Hours: • File delivery cutoff: 4:00 PM MT, Monday through Friday (excluding holidays) • Same-day file delivery cutoff: 11:00 AM MT, Monday through Friday (excluding holidays) • Normal business hours: 9:00 AM MT to 5:00 PM MT, Monday through Friday (excluding holidays) • Bank contact information: Customer service department – ▇▇▇-▇▇▇-▇▇▇▇ ► Cache Valley Bank and ACH Operator Holiday Schedule: • New Year’s Day • Civil Rights Day • Presidents’ Day • Memorial Day • Independence Day • Pioneer Day (State Holiday) • Labor Day • Columbus Day • Veterans’ Day • Thanksgiving Day • Christmas Day ► Delivery Instructions: ACH files will be submitted through the Institution's online banking system. If extenuating circumstances arise, a secure solution for file submission will be provided as needed. Files submitted for processing must be in NACHA format according to NACHA Rules.

DAY ENTRIES. A Credit or Debit Entry with an Effective Entry Date of the date of or a date prior to the date of the transmission of the Entry or File to the Institution and received by the Institution prior to the applicable Same-Day ACH cut-off time may be sent as a Same-Day Entry. The Institution does not generally send Same-Day Entries on a daily basis. As such, the Company must notify the Institution according to the contact information in Schedule A for approval prior to sending Entries for Same-Day processing. If the Institution elects to approve the Entries for Same-Day processing, it shall not be considered a waiver of the Institution’s rights to refuse to do so at any other time nor shall it be an agreement by the Institution to send Same-Day Entries for the Company on a daily basis. The Rules impose a per-transaction Entry limit of $100,000. Entries above the amount allowed in the Rules are not eligible for Same-Day ACH processing. In addition to any other fees that the Company is obligated to pay the Institution, the Company hereby agrees to pay the Institution the Same-Day Entry fee established by the Institution from time to time for Same-Day Entries transmitted to the Institution by the Company. The cut-off time for delivery of Same-Day Entries from the Company to the Institution is specified in Schedule A). *Company Corporate Official's Name & Title (Print Name): X *Company Corporate Official's Signature: Date (MM DD/YYYY): X Authorized Bank Officer (Print Name): X Authorized Bank Officer Signature: Date (MM DD/YYYY): X *The “Company Corporate Official” above MUST be authorized to bind the entity [company] in a contractual agreement. • Existing Online User: the “Cash Mgmt. Agreement – Addendum” is not needed. However, is there an original “Online Banking Bus App – Cash Mgmt. Agreement” on file? (It is REQUIRED.) ☐ • ACH Agreement signed & dated by appropriate company & bank officials (signature verified). ☐ • ACH Agreement Delivered to: Q2 Central Personnel OR E-mailed to: ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ **Don’t forget to include the completed ACH Assessment (Originator or Third-Party Sender). ☐ • Q2 Central Profile updated to add ACH Services, e.g., requests/limits are activated/updated after financials are reviewed ( if financials apply). ☐ • Training provided to customer for ACHs submitted through online banking (email or print). ☐ ☐ • Agreement scanned/indexed to Arc Image > DEP ACH Agreement ☐ ► Cut-off time and Business Hours: • File delivery cutoff: 4:00 PM MT, Monday through Friday (excluding holidays) • Same-day file delivery cutoff: 11:00 AM 1:00 PM MT, Monday through Friday (excluding holidays) • Normal business hours: 9:00 AM MT to 5:00 PM MT, Monday through Friday (excluding holidays) • Bank contact information: Customer service department – ▇▇▇-▇▇▇-▇▇▇▇ ► Cache Valley Bank and ACH Operator Holiday Schedule: • New Year’s Day • Civil Rights Day • Presidents’ Day • Memorial Day • Juneteenth Day • Independence Day • Pioneer Day (State Holiday) • Labor Day • Columbus Day • Veterans’ Veterans Day • Thanksgiving Day • Christmas Eve (early cut-off) • Christmas Day • New Year’s Eve (early cut-off) ► Delivery Instructions: ACH files will be submitted through the Institution's online banking system. If extenuating circumstances arise, a secure solution for file submission will be provided as needed. Files submitted for processing must be in NACHA format according to NACHA Rules.