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REV: 06-18-26 <br />Merchant Services Agreement <br />This Merchant Services Agreement (this “Agreement”) is entered into as of the date of the last signature <br />made below (the “Agreement Date”) by and between Flowbird America, Inc. (“Flowbird”), and <br />City of Redwood City, California (“Client”). Client and Flowbird are referred to herein collectively as the <br />“Parties” and individually as a “Party” to this Agreement. <br />WHEREAS, Client requests Flowbird to provide services for the credit card transactions generated on the <br />Flowbird kiosks; <br />WHEREAS, Flowbird desires to provide services for the credit card transactions generated on the Flowbird <br />kiosks; <br />NOW, THEREFORE, in consideration of the promises and mutual covenants hereinafter contained and <br />other good and valuable consideration, receipt of which is hereby acknowledged, the Parties agree as <br />follows: <br />1.Flowbird will provide services for the credit card transactions generated on the Flowbird kiosks (the <br />“Merchant Services”). Flowbird will settle with Client for card transactions on a regular basis and <br />not less than once a month. The settlement will be for the cleared funds received for the transactions <br />processed for Client since the prior settlement date. The settlement payments will be net of Flowbird <br />merchant processing fees (described under section 2 below). The Client will be liable for all refunds, <br />chargebacks, fines and other amounts (such as issuer claims of fraudulent transactions or billing <br />disputes) payable under card network rules. <br />2.The Client will pay Flowbird a fee of Interchange plus $0.10 fee per transaction for its services <br />related to the card transactions. For purposes of this Agreement, “Interchange” shall mean “fees <br />set by card networks (like Visa and Mastercard) for each transaction that are paid by a merchant's <br />acquiring bank to the cardholder's issuing bank. These rates compensate the issuing banks for the <br />costs and risks associated with processing electronic payments and vary based on the card type, <br />transaction details, and merchant.” Examples of Interchange fees are publicly available at: <br />https://usa.visa.com/dam/VCOM/download/merchants/visa-usa-interchange-reimbursement- <br />fees.pdf (or successor URL); and <br />https://www.mastercard.us/content/dam/public/mastercardcom/na/us/en/documents/merchant- <br />rates-2024-2025.pdf (or successor URL). <br />3.In addition to the fee of Interchange, Client will pay the fees listed below when applicable. Fees will <br />be deducted from the settlement. <br />Other fees charged when applicable: <br />Chargeback - $20.00 <br />Retrieval - $20.00 <br />Arbitration - $20.00 <br />Auth Reversal - $0.08 <br />Refund - $0.08 <br />Daily deposits (business) $2.00 per deposit <br />Weekly or Monthly deposits - free <br />Monthly service fee $10.00 <br />4.The Client will promptly review all settlement statements from the processor and will promptly notify <br />Flowbird of any errors. The Client acknowledges that if it does not notify Flowbird of an error on a <br />statement within five (5) days, neither it nor the processor will be obligated to reimburse it for such <br />error, and Flowbird shall have no liability to the Client for any such amount. <br />ATTY/AGR.2026.154/Flowbird America Inc. (PARCS System) (Page 1 of 2)