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Section 3 FEES AND PAYMENTS <br />3.1 PRICING AND PAYMENT <br />Client agrees to pay the fees, as outlined in Appendix A. All amounts payable hereunder are exclusive of any and all <br />taxes, including taxes applicable on fees paid by the consumer, and Client is responsible for payment of such taxes. <br />All prices are stated, and Client shall pay, in US dollars. Payment is due within 30 days of invoicing. <br />3.2 MERCHANT ACCOUNT <br />Merchant account refers to Client's merchant account set up with Client's acquiring bank. PayByPhone will cover <br />the cost oflinking one (1) Client merchant account with PayByPhone's gateway provider. Client agrees to cover the <br />cost of merchant account updates including all thhd party fees and then -current PayByPhone Professional Services <br />fees. See Appendix B for sample rates. <br />3.3 TRANSACTION TESTING <br />PayByPhone reserves the right to execute test transactions from time to time to ensure top performance of the system <br />and account. PayByPhone may execute up to ten (10) test transactions per month without adjusting the Client invoice. <br />3.4 THIRD PARTY INTEGRATION <br />In the event system changes (such as upgrades) by a third party impact the PayByPhone integration with Company <br />sub -systems such as enforcement, Client agrees to cover any PayByPhone development costs required to maintain <br />integration. PayByPhone will notify Client, in advance, of any such integration costs that could be added. <br />Section 4 MARKETING, PROMOTION AND USER EDUCATION <br />4.1 SIGNAGE <br />Client agrees to provide signage and adequate space for PayByPhone signage at each parking facility at which the <br />PayByPhone mobile payment services service is to be available, with sign size and placement to be mutually agreed <br />by PayByPhone and Client. Client agrees that signs will be hung and/or located near payment machines at parking <br />facilities enabled with the PayByPhone mobile payment services service. Client will provide all decals and signs <br />required for implementation. Client agrees to supply all future decals and signage, including new locations. Client <br />agrees to supply replacement decals which may be required in the future. <br />PayByPhone will provide the first round of signage at Client's location offering PayByPhone as mobile payment <br />service provider. PayByPhone will provide one sign to be located at each paystation, plus one at each level of the <br />parking structure without a paystation. Additionally, one decal will be placed on each paystation and/or meter. <br />4.2 MARKETING EVENTS <br />PayByPhone may conduct on-site marketing events and campaigns for the service, whereby PayByPhone will inform <br />parking lot consumers of the availability of the PayByPhone mobile payment services as well as any promotions <br />available, with the knowledge and approval of Client which is not to be reasonably withheld. <br />4.3 CLIENT TRAINING <br />PayByPhone will provide initial training to Client using a "Train the Trainer" model on the self -served PayByPhone <br />Service Management Interface (SMI). The said Client Trainer will, at its own expense, train its staff and employees, <br />including patrollers, to operate the mobile payment services and related applications and technology. Additional <br />training sessions are available at the then current professional services rates. See Appendix B for sample rates.' <br />Section 5 PROTECTION OF INTELLECTUAL PROPERTY RIGHTS <br />Page 2 of8 <br />GAM 21-0073 <br />Exhibit 2 <br />Page 17 of 146 <br />