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transfer limit is reached,Bank may decline transfers and withdrawals for the <br /> remainder of the monthly statement period(exceptions to the statement period <br /> may apply)to help Company avoid a fee and account conversion or closure. <br /> The Excess Activity Fee for Savings and Money Market Accounts is $10 per <br /> excess transaction. <br /> Commercial Time Accounts <br /> General. <br /> Commercial Time ("time")Accounts include deposits which are payable, <br /> either on a specified date or at the expiration of a specified time,no less than <br /> seven (7)calendar days after the date of deposit. Bank may refer to a time <br /> account as a"certificate of deposit" or a"CD,"even though the time account <br /> is not represented by a certificate. <br /> Certificated Time Accounts. <br /> If Company receives a certificate evidencing Company's time Account, <br /> Bank may require Company to present the certificate and any amendments <br /> to receive payment or transfer ownership. <br /> Maturity Date. <br /> Company's time Account will mature at the end of the term stated on <br /> Company's receipt, disclosure or certificate,as applicable. <br /> Time Requirements. <br /> Company agrees to keep Company's funds on deposit until the maturity <br /> date.Company may make withdrawals from Cornpany's time Account on <br /> the maturity date or within the grace period after that date.Bank will not <br /> agree in advance to allow withdrawal before maturity. <br /> Payment of Interest. <br /> If Company has elected a payment of interest other than a credit to <br /> Company's time Account, Bank xnay in its sole discretion terminate it in <br /> favor of crediting Company's time Account. Ordinarily,such discretion will <br /> be exercised when an interest payment mailed to Company's Account <br /> address has been returned undelivered or when an Account to which <br /> Company's interest payments were automatically credited has been closed, <br /> or if the interest payment amount is less than any minimum amount <br /> disclosed in the fee and infornlation schedule. <br /> 39 <br />