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Docusign Envelope ID: 43201 COA-A739-4610-8444-5EA845CA01 11 COOPERATION AND SERVICE AGREEMENT 4/22/2025 This Cooperation and Service Agreement (the "Agreement") is entered into as of (the "Effective Date") between PayByPhone US Inc., a provider of enhanced mobile commerce solutions, a Delaware corporation with its address at 3280 Peachtree Rd, Suite 2400, Atlanta, GA 30305, USA ("PayByPhone") and City of Sunny Isles Beach, Florida, a provider of parking services with its address at 18070 Collins Avenue, Sunny Isles Beach, Florida, 33160 ("Client"). RECITALS The objective between PayByPhone and Client provided for in this Agreement is for PayByPhone to provide wireless applications to enhance the payment process for parking at parking facilities and metered parking stalls owned and/or managed by Client, described in more detail in Appendix A (each address listed is a "Parking Location"). PayByPhone mobile commerce solutions will also provide Client with a management information system, including real-time operation and transaction reports; and PayByPhone provides wireless systems to allow consumers to pay through personal devices for the use of parking facilities and metered parking stalls owned and/or managed by the City of Miami Beach, Florida under a Professional Services Agreement dated March 5, 2024 (the "Miami Beach Contract") awarded pursuant to the City of Miami Beach RFQ 2023 -051 -WG for Mobile Parking Payment System; and Pursuant to Section 62-13(C) of the Client's Code of Ordinances, purchases made under state, county or other governmental contracts, or competitive bids with other entities are exempt from the City's competitive bidding procedures; and PayByPhone and Client desire to enter into this Agreement using the City of Miami Beach's bid and pricing information, to provide the services, subject to the terms and conditions contained herein. AGREEMENT Section 1 THE PAYBYPHONE MOBILE PAYMENT PLATFORM AND APPLICATIONS 1.1 PAYBYPHONE MOBILE PAYMENT APPLICATIONS PayByPhone agrees to roll out the PayByPhone mobile payment service for use at Client's managed and owned parking facilities as agreed upon by PayByPhone and Client, to allow for consumers to pay for the use of Client's parking facilities through personal wireless devices (e.g., cellular telephones) or other wireless systems. 1.2 PAYBYPHONE PORTAL PayByPhone will operate and manage a software application for Client that will provide near real time information and management reports on the transactions conducted utilizing the PayByPhone mobile payment service (the "Portal"). PayByPhone will host the Portal on its network. Client will access the Portal through a browser -based program installed on Client's computer hardware. 1.3 COMPUTER, NETWORKING AND TELECOMMUNICATION SYSTEMS PayByPhone, or its parent, PayByPhone Technologies Inc., will own or possess, and will operate and maintain, all computer and networking hardware and software and data required to operate the PayByPhone mobile payment services service as contemplated in this Agreement, other than Client's existing computer and telecommunications systems. PBP_Service Agreement_Template_NA_V9.9 20250116 Page 11