FIRSTCARIBBEAN CREDIT CARD CARDHOLDER AGREEMENT

7040CC-Bus-10/03You will receive one (1) BA Mile for every US $1 or equivalent currency of US $1 spent on qualifyingbilled purchases charged to your Card Account. You will receive two (2) BA Miles for every US $1 orequivalent currency of US $1 spent on a BA airline ticket and charged to your Card Account. You willreceive 5,000 BA Miles as a one time bonus upon activation of a BA Business Credit Card Accountby us. All BA Miles accumulated through the BA Business Credit Card Account will be transferred tothe BAEC membership account. Fulfilment for the redemption of BA Miles for travel is solely theresponsibility of British Airways. BA Miles are not earned on balance transfers, conveniencecheques, cash advances, or other fees charged to the Card Account. If the Card Account is in adelinquent status BA Miles will not be earned with the Card although BA Miles earned through theExecutive Club will still apply. BA Miles earned with the BA Business Credit Card will not be creditedtoward Executive Club tier level progression or retention.If you receive a credit on the Card Account for a qualifying purchase that earned BA Miles, the BAmiles earned will be deducted from your BAEC membership account. If the deduction would result ina negative balance of BA Miles then no BA miles will be applied to the your BAEC membershipaccount until you have performed sufficient qualifying purchases to earn the number of BA Milesequal to the negative balance.You authorise us to report to BAEC the BA Miles earned on the BA Card Account. We are alsoauthorised to share with British Airways experiential and transactional information regarding theClient’s Account. You will not receive BA Miles if you fail to make payment when due or you fail tocomply with this Agreement. Once BA Miles are transferred to your BAEC membership account, youwill be entitled to redeem them within the terms of the BAEC Programme. You may log into yourBAEC membership account at ba.com to confirm the actual number of BA Miles available at anytimefor redemption. You are entitled to earn BA Miles for as long as you comply with these Conditions andthe terms of the BAEC programme. For complete details on the Executive Club Programme, visitba.com.You agree that the Bank can share your personal data with British Airways. You will receivestatements and information from British Airways relating to the Executive Club Program. BritishAirways will use your personal data to administer your Executive Club account and to contact youwith information and offers from British Airways and Executive Club scheme partners, to help youcollect and redeem BA Miles. In processing your data, British Airways will act in accordance with theirprivacy policy. To update preferences, view British Airways privacy policy and see full Executive ClubTerms and Conditions, please visit ba.com. If you do not want to receive marketing communicationsfrom British Airways or third parties referred by British Airways, please contact British Airways via itswebsite at ba.com.2. USE OF CREDIT CARDS - You will ensure that each Card is signed immediately upon receiptand will take every reasonable precaution to keep it safe. You agree to activate each Card uponreceipt before commencing any Card use. You agree not to use the Card prior to any validation dateor after the expiry date embossed on the Card. If it is used, you agree to pay any debts incurred. TheCard(s) is our property. You may use the Card wherever it is accepted, to buy goods or services(“purchases”) and for other purposes FirstCaribbean may authorise from time to time. You may obtaincash advances from financial institutions that accept the Card. By using the Card, together with thePersonal Identification Number (“PIN”) assigned to you or that you have chosen. You can alsoobtain cash advances at any Automated Banking Machine (“ABM”) displaying the relevant Visa/Plusor MasterCard/Cirrus logo as applicable. We will not be liable if a merchant, a business or an ABMdoes not accept the Card for any reason. You may only use the Card for legal and genuinetransactions. The use of the Card will always be subject to any statutory restrictions and/orregulations that any other regulatory authority may impose. You acknowledge and accept that anytransaction that FirstCaribbean considers to be in breach of any such statutory restrictions,regulations or procedures may be declined. You undertake to procure that the card will not be usedin a manner prohibited by law. Further, you undertake that the card shall not be used in a mannerwhich will necessitate or promote:FirstCaribbean International Bank is a member of the CIBC groupPage 2 of 11