FIRSTCARIBBEAN CREDIT CARD CARDHOLDER AGREEMENT

7040CC-Bus-10/0339. VALIDITY OF COMMUNICATIONS – All your Communications that FirstCaribbean accepts andacts upon will be considered to be valid and authentic. This will be the case even if, among other things,they did not come from you, were not properly understood by us (except for our gross negligence or wilfulmisconduct) or were from any of your previous or later Communications. Communications will only bevalid at the FirstCaribbean office at which they are received.40. DOUBTS AS TO AUTHENTIC COMMUNICATIONS – We do not have to act upon any of yourCommunications if we are unsure whether they are accurate or are really from you or FirstCaribbeandoes not understand them.41. FIRSTCARIBBEAN’S LIABILITY – We will not be responsible for any costs, damages, demands orexpenses that you may incur due to FirstCaribbean’s acting or failing to act upon your Communications(except for our gross negligence or wilful misconduct). In the event of our gross negligence or wilfulmisconduct, our liability will be limited to the amount involved in your Communication. We will not in anyevent be liable for any special, incidental, consequential or indirect damages, or for loss of profit.42. INDEMNITY CLAUSE – You will indemnify and save FirstCaribbean harmless from any claims,damages, demands and expenses that we incur (other than due to our own gross negligence or wilfulmisconduct), including among other things all legal fees and expenses, arising from FirstCaribbeanacting, or declining to act, on any of your Communications given under this Agreement. This indemnity isin addition to any other indemnity or assurance against loss provided by you to FirstCaribbean.43. STORING INFORMATION – We may record and store all information relating to your account insuch form and by such means as we see fit. You acknowledge that we are not required to retain or returnoriginal items (other than to retain and return to you the items normally returned in accordance withFirstCaribbean’s general practice) or to provide you with copies of any account statements, items or otherdocuments. You understand that we may, in our discretion and subject to availability, provide you withcopies of account statements, items or other documents at your request.If you request copies of any items or other documents and the originals have been transferred tosome other storage medium and destroyed, you will accept copies made from that storage medium.You acknowledge that we are not required to produce copies of any items or other documents ifneither the originals nor any copies exist at the time your request is processed. You will pay us ourapplicable charges for any searches you request. You acknowledge that we may, however, requireyou to pay part of such search fees in advance.44. DATA PROCESSING – We may use the services of any of our subsidiaries and affiliates or anyelectronic data processing service bureau or organisation in connection with keeping your Account.Consent is given for the sharing of information with such subsidiaries, affiliates, electronic dataprocessing services or organisations for the purposes of processing information relating to your Account,providing contingency backup of data or any other proper banking purpose. In such a case, we will notbe liable to you by reason of any act, delay or omission of such service bureau organisation in theperformance of the services required of it.45. ANTI-MONEY LAUNDERING – Anti-money Laundering laws require that we verify the source offunds before accepting deposits or processing transactions and must report suspicious transactions to therelevant authorities. Consent is hereby given to us to disclose this information to money launderingprevention and control officers within FirstCaribbean and outside FirstCaribbean, for the purpose ofensuring we comply with anti-money laundering laws. You will indemnify FirstCaribbean for our out ofpocket expenses, including reasonable legal fees and court costs for any investigation under applicableanti-money laundering legislation regarding your Account, including but not limited to seeking directionfrom a court of competent jurisdiction on FirstCaribbean’s rights and obligations in such matters.46. AUTHORISATION - You understand that by activating and using your credit card you authorise usto accept and irrevocably honour any and all instructions set out in section 31 of this Agreement. Youfurther agree that the signatory listed on your credit card application or subsequently provided by you inwriting, may authorise these instructions.47. GENERAL:FirstCaribbean International Bank is a member of the CIBC groupPage 10 of 11