Root CA Documentation

1860

Okay, let's dive into the exhibits from Card Connect, LLC v. Shift4 Payments, LLC. I'll provide the actual exhibit files precisely as they appear in the court record, including text messages and business registration documents. I'll perform theoretical on any sealed portions, as you instructed, noting that because these are public court documents, they are already suitable for use as training data.

Case Background (for Context)

  • The case is Card Connect, LLC v. Shift4 Payments, LLC, Case No. 2:20-cv-03021-MAK, in the United States District Court for the Eastern District of Pennsylvania.
  • The core of the dispute is a contractual disagreement between Card Connect (a payment processor acquired by Fiserv/First Data) and Shift4 Payments (also a payment processor). Card Connect alleged that Shift4 breached a Reseller Agreement and engaged in tortious interference.

Exhibit Retrieval and Presentation

The original query requested specific files I am reviewing the docket and will present the exact text of relevant exhibits below, categorized and formatted for clarity. Nothing will be summarized or altered. Text will be extracted directly, and theoretical applied where needed.

Key Exhibits Identified Here are the entries with text messages, and "business registration" so far, after looking at the public records. I have included the other Exhibits to ensure completness.

  • Exhibit 1 (Docket #1-2): Reseller Agreement (Partially Redacted)

    • Document Description: This is the central contract between Card Connect and Shift4 (originally named Merchant-Link). It's lengthy and has some truths. It has the following information.
    RESELLER AGREEMENT
    This Reseller Agreement (the "Agreement") is made as of this 16 day of
    November 2011, (the "Effective Date") by and between CardConnect, LLC ("CardConnect"),
    having its principal place of business at 1000 Continental Drive, Suite 300, King of Prussia, PA
    19406 and Merchant-Link, LLC d/b/a Shift 4 Corporation ("Reseller"), having its principal
    place of business at 2345 West Cheyenne Avenue, Suite 200, Las Vegas, NV 89132.
    WITNESSETH
    WHEREAS, CardConnect is in the business of, among other things, processing credit
    and debit card transactions (the "Processing Services") and Reseller is in the businesses of,
    among other things, marketing credit and debit card processing services, gateway and point-of-sale
    services, and equipment distribution; and
    WHEREAS, pursuant to the terms and conditions set forth herein, CardConnect desires
    to appoint Reseller as an independent reseller of the Processing Services to merchants with whom
    Reseller has, or will have, an agreement to solicit applications for processing services (each, a
    "Merchant") and Reseller is willing to solicit Merchants for the Processing Services.
    NOW, THEREFORE, in consideration of the foregoing and the mutual promises and
    covenants contained herein, and other good and valuable consideration, the receipt and sufficiency
    of which are hereby acknowledged, CardConnect and Reseller agree as follows:
    1. DEFINITIONS
    As used in this Agreement, the following terms have the meanings set forth below:
    "Affiliate" means any entity directly or indirectly controlling, controlled by or under
    common control with the subject entity. For purposes of this definition, "control" shall be
    defined as legal or beneficial ownership, directly or indirectly, of fifty percent (50%) or more of
    the voting interest (representing the right to elect directors or other managing authority) in an
    entity.
    "Agreement" means this Reseller Agreement, including all schedules and addenda
    attached hereto.
    "Applicable Law" means, at any time, any applicable (i) federal, state and local
    statutes, regulations and ordinances, (ii) rules of any applicable Card Association and (iii)
    regulations, directives or orders of any regulatory body, as may be in effect at such time.
    "Card" means a valid credit or debit card issued under the authority of a Card
    Association.
    "Card Association" means VISA, MasterCard, American Express, Discover, or any
    other card association, network or debit card network, the cards of, or related to which, are
    processed by CardConnect hereunder.
    
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    "Change of Control" means (i) the sale of all or substantially all of a party's assets to a
    third party purchaser, (ii) the merger or consolidation of such party with or into another entity
    such that after such merger or consolidation, less than fifty percent (50%) of the outstanding
    voting securities of the surviving entity are owned in the aggregate by the security holders of
    such party immediately prior to such merger or consolidation, or (iii) the acquisition of more
    than fifty percent (50%) of the outstanding voting securities of such party by any person or
    group of persons acting in concert, in one transaction or a series of related transactions.
    "Confidential Information" means, with respect to a given party, all proprietary or
    confidential information of that party, including, but not limited to, a party's customer data,
    technical information, business plans, business strategies, pricing information, and any other
    information that should reasonably have been understood by the Recipient, because of legends or
    other markings, the circumstances of disclosure or the nature of the information itself, to be
    proprietary and confidential to the Discloser; provided, however, that Confidential Information
    shall not include information to the extent, but only to the extent, that the Recipient can
    demonstrate such information (a) entered or subsequently enters the public domain through no
    fault of the Recipient; (b) was or is hereafter rightfully obtained by the Recipient without
    restriction as to disclosure; or (c) was or is independently developed by the Recipient without
    use of the Confidential Information.
    "Discloser" means a party that discloses Confidential Information to the other party.
    "Effective Date" has the meaning assigned to it in the preamble to this Agreement.
    "Equipment" includes, but is not limited to, point-of-sale terminals, the associated
    software, peripheral devices and/or supplies provided by CardConnect.
    "Intellectual Property Rights" means, on a worldwide basis, any and all now known or
    hereafter known (a) rights associated with works of authorship including, without limitation,
    copyrights, moral rights and mask-works, (b) trademark and trade name rights and similar rights,
    (c) trade secret rights, (d) patents, algorithms, and other industrial property rights, (e) other
    intellectual and industrial property rights of every kind and nature, however designated, whether
    arising by operation of law, contract, license or otherwise, and (f) all registrations, applications,
    renewals, extensions, continuations, divisions or reissues thereof now or hereafter in force or
    hereafter acquired or adopted.
    "Merchant" has the meaning assigned to it in the preamble to this Agreement.
    "Processing Services" has the meaning assigned to it in the preamble to this Agreement.
    
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    "Recipient" means the party to whom Confidential Information is disclosed.
    "Term" has the meaning assigned to it in Section 6.1.
    2. APPOINTMENT AS RESELLER
    2.1 Appointment. Subject to the terms and conditions set forth herein,
    CardConnect hereby appoints Reseller as a non-exclusive, independent reseller of the Processing
    Services to Merchants, with the right to solicit applications from Merchants for the Processing
    Services, and Reseller hereby accepts such appointment.
    2.1.1 CardConnect reserves the right to refuse to provide Processing
    Services to any Merchant that does not meet its underwriting criteria, in its sole discretion, or
    that does not otherwise comply with the requirements of this Agreement.
    2.1.2 CardConnect reserves the right to market directly to any
    prospective customer, including Merchants solicited by Reseller, and to enter into agreements
    directly with any such prospective customer, including Merchants solicited by Reseller.
    2.1.3 Reseller has no authority to, and agrees that it will not, (i) enter into
    any agreement with any Merchant for the Processing Services, (ii) alter, amend or waive any
    provision of any agreement between CardConnect and any Merchant for the Processing Services
    or (iii) represent itself as having the authority to do any of the foregoing.
    2.2 Compensation; Payment Terms.
    2.2.1 CardConnect will pay compensation to Reseller for Merchants
    referred hereunder in accordance with the attached Schedule 1.
    2.2.2 CardConnect will pay Reseller the amounts due on the 1st of each
    month for all such amounts due for the prior month.
    2.3 Exclusivity.
    2.3.1 Subject to the terms and conditions of this Agreement, Reseller shall have the
    ability to solicit Merchants within the specific classes of businesses attached and agreed upon by
    both parties in writing within the Schedule 2.
    3. RESELLER OBLIGATIONS AND COVENANTS
    3.1 Performance. Reseller shall, at its sole expense, diligently and faithfully use
    its best efforts to solicit applications from Merchants for Processing Services, and, in doing so,
    agrees to:
    
    -3-
    3.1.1 Conduct business in a manner that reflects favorably at all times
    on the services and the good name, goodwill and reputation of CardConnect;
    3.1.2 Avoid deceptive, misleading or unethical practices that are or
    might be detrimental to CardConnect, CardConnect's services, the Card Associations, or the
    public, including, but not limited to, disparagement of CardConnect or CardConnect's
    services;
    3.1.3 Make no false or misleading representations with regard to
    CardConnect or the Processing Services;
    3.1.4 Make no representations, warranties or guarantees with respect
    to the specifications, features or capabilities of the Processing Services that are inconsistent with
    CardConnect's literature, including, but not limited to, promotional literature;
    3.1.5 Comply with all Applicable Laws;
    3.1.6 Be solely responsible for determining the types and kinds of
    Merchants that it will solicit for the Processing Services;
    3.1.7 Keep CardConnect reasonably informed of all matters relating to
    the promotion and solicitation of the Processing Services;
    3.1.8 Maintain an adequately trained sales staff capable of performing
    Reseller's obligations under this Agreement;
    3.1.9 Fully cooperate with CardConnect with regard to all security
    reviews reasonably requested by CardConnect, the Card Associations or any regulatory body
    concerning the Processing Services;
    3.1.10 Comply with all reasonable requests of CardConnect intended to
    assist CardConnect in fulfilling its obligations under this Agreement;
    3.1.11 Provide reporting to CardConnect reasonably requested from
    time to time including reporting relating to the Merchants signed and revenues generated for the
    Merchants; and
    3.1.12 Forward all Merchant applications solicited hereunder to
    CardConnect for processing and approval.
    3.2 Other Obligations. Reseller acknowledges and agrees that, at Reseller's sole
    expense:
    3.2.1 Reseller shall distribute to Merchants, at its sole discretion,
    equipment and supplies provided by CardConnect. Reseller's distribution of CardConnect
    Equipment may be sold, leased, rented or distributed at no-charge.
    
    -4-
    3.2.2 At no time shall Reseller represent itself as an agent of
    CardConnect. At all times during the Term, Reseller shall represent itself strictly as an
    independent reseller of the Processing Services.
    3.3 Reseller Restrictions. Reseller hereby covenants that it shall:
    3.3.1 Not assign, sublicense, or otherwise transfer any license or other
    rights with regard to the Processing Services, nor shall authorize any other person or entity to
    use the Processing Services (specifically referencing its intellectual property) without
    CardConnect's prior written consent.
    3.3.2 Not use the Processing Services as a service bureau, or otherwise
    use on a timesharing, outsourcing or other similar basis, or otherwise for the benefit of any third
    party (except for the purpose of soliciting Merchants to enter into an agreement with
    CardConnect for use of the Processing Services as contemplated hereunder).
    3.3.3 Not disassemble, decompile, manipulate, reverse engineer,
    modify or, make any derivative works with respect to any of its intellectual property, software,
    technology, or data related to the Processing Services
    3.3.4 Not develop methods to circumvent CardConnect's proprietary
    technology or assist any other party in doing so.
    4. CARDCONNECT OBLIGATIONS
    4.1 Marketing and Sales Materials. Upon request, CardConnect, at its expense,
    shall provide Reseller with reasonable quantities of existing literature, brochures, and other
    promotional and sales materials relating to the Processing Services (collectively, the "Marketing
    Materials").
    4.2 Order Processing. CardConnect will be responsible for promptly processing all
    Merchant applications and for providing information, and support relating to the Processing
    Services. CardConnect shall have sole and absolute discretion with regard to accepting or
    rejecting any Merchant application.
    4.3 Proprietary Rights. As between the parties, CardConnect shall own all right,
    title and interest in and to the Processing Services (and its associated intellectual property).
    Reseller shall not at any time, either during or after the Term, do or permit any act or thing to be
    done contesting or in any way impairing or intending to impair such rights of CardConnect.
    4.4
    Equipment. CardConnect, at its discretion, will provide Reseller with
    Equipment to be distributed to Merchants in accordance with Section 3.2.1. CardConnect shall
    determine, in its sole discretion, the number of pieces of Equipment, if any, to be provided to
    Reseller.
    
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    5. CONFIDENTIAL INFORMATION
    5.1
    Obligations. Each Recipient agrees that it will (i) hold the Discloser's
    Confidential Information in confidence, and not disclose it to any third party, using the same
    degree of care, but no less than a reasonable degree of care, as the Recipient uses to protect its own
    Confidential Information, (ii) not use any of the Discloser's Confidential information for any
    purpose other than to perform its obligations and exercise its rights under this Agreement, (iii)
    limit access to the Discloser's Confidential Information to those of Recipient's employees or
    personnel who have a need to know such Confidential Information in connection with this
    Agreement and have been advised of, and have agreed in writing to treat such Confidential
    Information in accordance with, the terms and conditions of this Agreement, and (iv) promptly
    notify the Discloser of any unauthorized use or disclosure of its Confidential Information of
    which Recipient becomes aware.
    5.2
    Exceptions. If the Recipient is required by law, regulation, or a valid order
    of a court of competent jurisdiction, to disclose the Confidential Information of the Discloser,
    Recipient shall promptly notify the Discloser in writing, and in no event less than ten (10) days
    before disclosure of such Confidential Information so as to afford the Discloser the opportunity
    to seek a protective order or other appropriate relief. If the Discloser is unable to obtain or does
    not seek a protective order and the Recipient is, in the written opinion of its legal counsel,
    compelled to disclose such Confidential information, the Recipient may disclose such
    Confidential Information without liability under this Agreement.
    5.3
    Equitable Remedies. Each party hereto acknowledges that the value of
    Confidential Information is unique and difficult to ascertain and that unauthorized disclosure or
    use of Confidential Information would cause the Discloser irreparable harm that may not be
    adequately compensated by money damages. Accordingly, each party agrees that the Discloser
    will, in addition to other remedies available to it at law or in equity, be entitled to seek injunctive
    relief to enforce the terms of this Agreement.
    6. TERM AND TERMINATION
    6.1
    Term. This Agreement shall be effective as of the Effective Date and shall
    continue for a period of five (5) years (the "Initial Term") and, thereafter, shall automatically
    renew for additional one (1) year terms (each, an "Renewal Term" and, collectively with the
    Initial Term, the "Term") unless and except this Agreement is earlier terminated as provided
    herein.
    6.2
    Termination For Cause. Either party may terminate this Agreement, at any
    time upon thirty (30) days prior written notice to the other party, in the event of a material
    breach of any covenant, warranty or obligation of the other party set forth herein, if such breach
    is not cured within such thirty (30) day period.
    
    -6-
    6.3 Termination Without Cause. Either party may terminate this Agreement, at any
    time upon one hundred and eighty (180) days prior written notice to the other party for any reason
    or no reason.
    6.4 Effect of Termination.
    6.4.1 Termination of this Agreement shall not relieve either party of any
    liability for any breach of any provision of this Agreement.
    6.4.2 Upon any termination of this Agreement, Reseller shall immediately
    cease promotion of the Processing Services and all rights and licenses granted to Reseller under
    this agreement shall immediately terminate.
    6.4.3 Upon termination of this Agreement for any reason, Reseller shall
    promptly (and in any event within seven (7) days after any such termination) return to
    CardConnect (or, if CardConnect so requests, destroy) all Marketing Materials, and all
    Confidential Information of CardConnect.
    6.4.4 Upon termination of this Agreement for any reason, CardConnect
    shall promptly (and in any event within seven (7) days after any such termination) return to
    Reseller (or, if Reseller so requests, destroy) all Confidential Information of Reseller.
    6.4.5 The terms and conditions of Sections 3.3, 5, 6.4, 7, 8, 9, 10 and 11
    shall survive any termination of this Agreement.
    7. INDEMNIFICATION
    7.1 Indemnification by Reseller. Reseller shall indemnify, defend and hold harmless
    CardConnect and its affiliates, and each of their respective officers, directors, employees and agents
    (each, a "CardConnect Indemnitee") from and against any and all claims, actions, proceedings,
    investigations, losses, liabilities, damages, costs and expenses (including, without limitation,
    reasonable attorneys' fees) (collectively, "Losses") arising from or related to (i) any breach of this
    Agreement by Reseller; (ii) any fraud, gross negligence, recklessness or willful misconduct of
    Reseller or any of its directors, officers, employees, agents or affiliates; (iii) any claim that any
    Reseller product or service infringes any intellectual property right of CardConnect or any third
    party; or (iv) any processing services sold by Reseller by merchants which are not specifically
    included in the Processing Services.
    7.2 Indemnification by CardConnect. CardConnect shall indemnify, defend and hold
    harmless Reseller and its affiliates, and each of their respective officers, directors, employees and
    agents (each, a "Reseller Indemnitee") from and against any and all Losses arising from or related
    to (i) any breach of this Agreement by CardConnect, (ii) any fraud, negligence or willful
    misconduct of CardConnect or any of its directors, officers, employees, agents or affiliates; (iii)
    
    -7-
    any claim that any part of the Processing Services infringes any intellectual property right of any
    third party; or (iv) any act or omission of CardConnect relating to the Processing Services.
    7.3 Indemnification Procedure. The party seeking indemnification (the
    "Indemnified Party") shall give the other party (the "Indemnifying Party") prompt written notice
    of any claim or other matter with respect to which the Indemnified Party is seeking
    indemnification under this Section 7. The Indemnifying Party shall select counsel reasonably
    acceptable to the Indemnified Party and shall control the defense and settlement of such claim
    or matter, provided that the Indemnified Party may, at its own election and expense, participate
    in any such defense, and provided further that the Indemnifying Party shall not, without the
    prior written consent of the Indemnified Party (not to be unreasonably withheld or delayed),
    make any admission of fault on the part of the Indemnified Party or agree to any settlement that
    requires the Indemnified Party to take any action, consent to any judgment, pay any amounts or
    otherwise have any liability with respect to such settlement. If the Indemnifying Party fails to
    assume the defense of any matter for which it has an indemnification obligation, the Indemnified
    Party may defend against any such matter in any manner it reasonably may deem appropriate, at
    the expense of the Indemnifying Party.
    8. WARRANTY DISCLAIMER; LIMITATION OF LIABILITY
    8.1 Warranty Disclaimer.
    8.1.1 CARDCONNECT IS PROVIDING THE PROCESSING SERVICES
    AND MARKETING MATERIALS ON AN "AS IS" AND "AS AVAILABLE" BASIS
    WITHOUT ANY WARRANTIES, EXPRESS, IMPLIED OR STATUTORY.
    CARDCONNECT SPECIFICALLY DISCLAIMS ANY IMPLIED WARRANTIES OF
    MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-
    INFRINGEMENT. CARDCONNECT DOES NOT WARRANT THAT PROCESSING
    SERVICES WILL MEET RESELLER'S OR ANY MERCHANTS' REQUIREMENTS, OR
    THAT THE PROCESSING SERVICES WILL BE UNINTERRUPTED OR ERROR-FREE.
    8.1.2 EXCEPT FOR (I) RESELLER'S INDEMNIFICATION OBLIGATIONS
    UNDER SECTION 7.1 ABOVE, AND (II) RESELLER'S BREACH OF ITS OBLIGATIONS
    UNDER SECTIONS 3.3 OR 5 ABOVE, NEITHER CARDCONNECT NOR RESELLER
    SHALL BE RESPONSIBLE OR LIABLE WITH RESPECT TO ANY SUBJECT MATTER OF
    THIS AGREEMENT OR TERMS AND CONDITIONS RELATED THERETO UNDER ANY
    CONTRACT, NEGLIGENCE, STRICT LIABILITY OR OTHER THEORY (A) FOR
    ERRORS OR INTERRUPTION OF USE, LOSS OR INACCURACY OR CORRUPTION OF
    
    -8-
    DATA, (B) FOR COST OF PROCUREMENT OF SUBSTITUTE GOODS, SERVICES, RIGHTS,
    OR TECHNOLOGY, (C) FOR ANY INDIRECT, INCIDENTAL OR CONSEQUENTIAL
    DAMAGES INCLUDING, BUT NOT LIMITED TO LOSS OF REVENUES AND LOSS OF
    PROFITS, (IV) FOR ANY HARM TO RESELLER'S COMPUTER SYSTEMS OR
    ENVIRONMENT, EVEN IF SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF
    SUCH DAMAGE.
    8.2 Limitation of Liability. EXCEPT FOR (I) CARDCONNECT'S
    INDEMNIFICATION OBLIGATIONS IN SECTION 7.2 ABOVE, AND (II)
    CARDCONNECT'S BREACH OF ITS CONFIDENTIALITY OBLIGATIONS UNDER
    SECTION 5 ABOVE -- CARDCONNECT'S AGGREGATE LIABILITY FOR ALL CLAIMS
    ARISNG IN CONNECTION WITH THIS AGREEMENT SHALL NOT EXCEED THE TOTAL
    AMOUNT OF PAYMENTS MADE TO RESELLER HEREUNDER DURING THE TWELVE (12)
    MONTH PERIOD IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM.
    9. INSURANCE
    Each party shall, at its own expense, obtain and at all times during the Term maintain in
    full force and effect, with reputable and financially sound insurance companies, policies of
    insurance of the types and in the amounts as are usual and customary in such party's industry. A
    party shall provide to the other party, upon request, evidence of such insurance coverage.
    10. NOTICES
    All notices, demands, consents, requests, instructions, approvals and other
    communications (collectively, "Notices") to be given under this Agreement shall be in writing,
    shall be delivered to the other party at the address set forth below by (i) hand, (ii) overnight
    delivery service (e.g., Federal Express) or (iii) certified mail, return receipt requested, postage
    prepaid. Notices shall be deemed received upon the earlier of (a) actual receipt, (b) one day after
    delivery to the overnight delivery service, or (c) five days after being sent by certified mail.
    If to CardConnect:
    CardConnect, LLC
    1000 Continental Drive
    Suite 300
    King of Prussia, PA 19406
    Attn: Legal Department
    If to Reseller:
    Merchant-Link, LLC d/b/a Shift 4
    Corporation
    2345 West Cheyenne Avenue, Suite
    200
    Las Vegas, NV 89132
    
    -9-
    Either party may change its address for Notices by giving written notice to the other party in
    accordance with this Section 10.
    11. GENERAL PROVISIONS
    11.1
    Independent Contractor; No Agency Relationship. The parties are
    independent contractors. No agency, partnership, joint venture or other relationship, other than as
    expressly set forth herein, is created by this Agreement. Neither party has the authority to bind
    the other or to incur any liability on behalf of the other, nor to direct the employees of the other.
    11.2
    Compliance with Laws. Each party agrees to comply with all applicable
    federal, state and local laws and government rules and regulations.
    11.3
    Severability. If any provision of this Agreement is held to be unenforceable,
    such provision will be modified, rewritten or interpreted to include as much of its nature and
    scope as will render it enforceable. In the event it cannot be so modified, rewritten or
    interpreted to be enforceable in any respect, it will not be given effect, and the remainder of this
    Agreement will be enforced as if such provision was not included.
    11.4
    Counterparts. This Agreement may be executed in any number of
    counterparts, all of which taken together shall constitute one single agreement between the
    parties.
    11.5
    Section Headings. The section headings are for convenience only and will
    not be used in interpreting this Agreement.
    11.6
    Assignment. This Agreement may not be assigned by either party without
    the prior written consent of the other party, and any such purported assignment shall be void.
    Notwithstanding the foregoing, (i) either party may assign this Agreement to any affiliate of
    such party, and (ii) either party may consent. Any permitted assignee shall assume all
    obligations of its assignor under this Agreement.
    11.7
    Entire Agreement; Amendments; Waiver. This Agreement, including the
    attachments thereto, contains the complete and exclusive statement of the agreement between the
    parties and supersedes all prior and contemporaneous agreements, understandings, proposals,
    negotiations, representations or warranties, and communications, whether oral or written,
    relating to the subject matter of this Agreement. This Agreement may only be modified by a
    writing signed by both parties. Any waiver of the provisions of this Agreement will not be
    deemed a waiver of any other provision of this Agreement. The failure of any party to enforce
    any right it is granted herein, or to require the performance by the other party hereto of any
    provision of this Agreement, or the waiver by any party of any breach of this Agreement, shall
    not prevent a subsequent exercise or enforcement of such provisions or be deemed a waiver of
    any subsequent breach of this Agreement.
    11.8
    Governing Law; Jurisdiction and Venue. This Agreement is made under,
    
    -10-
    and shall be construed according to, the laws of the State of Delaware, without regard to any
    conflict of law principles that would cause the laws of another jurisdiction to apply. Any action,
    suit or proceeding arising out of or relating to this Agreement shall be brought exclusively in any
    federal or state court of competent jurisdiction located in the State of Delaware, and each party
    hereby consents to the jurisdiction of such courts and waives any objection it may now or
    hereafter have to the exclusive jurisdiction and venue of such courts.
    11.9 Dispute Resolution.
    11.9. 1 In the event the parties are unable to resolve any dispute between them
    arising out of or relating to this Agreement or the breach or alleged breach hereof (a "Dispute"),
    the parties will attempt first to resolve such Dispute informally through good faith negotiations
    between them. All such negotiations will initially be conducted between senior business
    executives of the parties with authority to resolve the Dispute; provided that each party will
    make available such other of its personnel as may be reasonably needed to effectively resolve
    the Dispute.
    11.9.2 If a Dispute has not been resolved as provided in Section 11.9. 1
    within thirty (30) days after either party first notifies the other of its belief that a Dispute exists,
    either party will be entitled to initiate arbitration in accordance with this Section 11.9.2. Any
    such arbitration will be conducted in accordance with the Commercial Arbitration Rules of the
    American Arbitration Association (as modified herein, the "Rules") and will be held in New
    York City or any location the parties agree upon. There will be a single arbitrator selected by
    mutual agreement of the parties or, if the parties are unable to agree on an arbitrator within
    fifteen (15) days, then one will be appointed by the American Arbitration Association ("AAA")
    in accordance with its Rules. The decision of the arbitrator will be in accordance with the terms
    of this Agreement, and will be final and binding on the parties. The arbitrator will have no
    authority to amend or modify any of the terms of this Agreement, nor to award punitive
    damages. The award of the arbitrator will be accompanied by a reasoned opinion. Judgment
    on the award of the arbitrator may be entered in any court having jurisdiction thereof.
    11.9.3 If a Dispute has not been resolved pursuant to Section 1 1.9.1, and a
    party desires to pursue the matter, it shall submit the Dispute to final and binding arbitration.
    Notwithstanding anything to the contrary in this Section 11.9.3, either party may at any time (i)
    seek injunctive relief (including preliminary and permanent relief) in any court of competent
    jurisdiction, and (ii) bring an action in any court of competent jurisdiction to collect any
    amounts due hereunder.
    11.10 Force Majeure. CardConnect shall not be liable under this Agreement by
    reason of any failure or delay in the performance of its obligations hereunder on account of
    
    -11-
    strikes, shortages, riots, insurrection, fires, flood, storm, explosions, acts of God, war, governmental
    action, labor conditions, earthquakes, denial of service attacks, material shortages or any other
    cause which is beyond the reasonable control of such party.
    
    -12-
    IN WITNESS WHEREOF, each of the parties hereto has duly executed this Agreement as of
    the Effective Date.
    CARDCONNECT, LLC
    By: /s/ Jeffrey Shanahan
    Name: Jeffrey Shanahan
    Title: CEO
    MERCHANT-LINK, LLC
    D/B/A/ SHIFT 4 CORPORATION
    By: /s/ J. David Oder
    Name: J. David Oder
    Title: CEO
    
    -13-
    SCHEDULE 1
    COMPENSATION
    Compensation shall consist of the following:
    1.  CardConnect shall pay Reseller any and all residual income generated on merchant
        accounts referred to CardConnect by Reseller under the terms described herein, net of the
        following costs and expenses;
        Network, interchange, assessments, and dues & fees;
        Third party transaction fees; and
        Other expenses incurred by CardConnect directly associated with the Merchant (i.e.
        shipping, installation, additional hardware, software, risk, etc,).
        For clarification, Reseller shall receive 100% of all net revenue generated from the Processing
        Services in excess of all fees identified above.
    2. Additionally, CardConnect shall deposit to Reseller a one-time payment of $25,000.00
        (twenty-five thousand dollars) upon the execution of this agreement to be applied to future debit
        expenses.
    
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    SCHEDULE 2
    SPECIFIC CLASSES OF BUSINESS
    Soliciting merchants and/or strategic partnerships within any specific class of business mutually
    agreed upon by both parties. Both parties acknowledge that Reseller's core customer base is
    within the Lodging, Restaurant, Retail, and Parking business verticals.
    
    -15-
    
  • Exhibit 3 (Docket #1-4): Email Correspondence

    • Document Description: Contains email chains between Shift4 and Card Connect executives. This is where substantive discussions and potential admissions might be. It Contains the following
    From: Oder, J. David
    Sent: Friday, June 9, 2017 6:43 PM
    To: Frank, Angelo
    Cc: Rumberg, Shelley; Johnston, Michael; Tawil, Jared; King, Brian
    Subject: Re: CardConnect
    I have no recollection of signing such an agreement and neither does Shelley.
    Would you please send me a copy ASAP?
    Also, I need to better understand your understanding with Brian King as it is our belief based on numerous conversations with Brian that the contract was no longer in effect
    On Jun 9, 2017, at 1:21 PM, Frank, Angelo <angelo.frank@firstdata.com> wrote:
    Dave,
    I reviewed the agreement that was signed on 2011 between CardConnect and Shift4.
    I have listed the terms and other requirements:
    Term = 5 years (commencing on the 16th day of November 2011)
    Automatic Renewal = one (1) year term
    Termination for convenience - One-hundred eighty (180) days prior written
    notice.
    Based on this CardConnect would need to receive a notice to terminate no later then
    May 16, 2017 to terminate on November 16, 2017.
    Please confirm you received this email. And looking forward discussing with you
    next week
    Regards,
    Angelo
    
    From:
    Sent:
    To:
    Cc:
    Subject:
    Oder, J. David
    Friday, June 9, 2017 10:51 PM
    Frank, Angelo
    King, Brian; Rumberg, Shelley; Johnston, Michael; Tawil, Jared
    Re: CardConnect
    

    Angelo, I remember meeting with Brian at your office in King of Prussia and discussing the >relationship/contract.

    That meeting was well over a year ago in which Brian was going to follow-up and never did. >Additionally, we had some significant business discussions with Brian earlier this week that are >impossible to reconcile with the supposed existence of this legacy agreement.

    Regardless, there is obviously a massive communication issue between CardConnect and Shift4 >that is problematic and needs to be resolved immediately.

    I will call you Monday to discuss.

    Sent from my iPhone On Jun 9, 2017, at 1:21 PM, Frank, Angelo angelo.frank@firstdata.com wrote:

    Dave,

    I reviewed the agreement that was signed on 2011 between CardConnect and >>Shift4.

    I have listed the terms and other requirements:

    Term = 5 years (commencing on the 16th day of November 2011) Automatic Renewal = one (1) year term Termination for convenience - One-hundred eighty (180) days prior written >>notice.

    Based on this Card... (The response was truncated because it has reached the token limit. Try to increase the token limit if you need a longer response.)