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Payment Instructions

Last Updated: February 9, 2018

This is an addendum to the Agreement (www.taxbud.com/legal/terms) between you and TaxBud and it sets forth additional terms and conditions that are applicable in the market in which you provide Services. Capitalized terms herein have the meaning set forth in the Agreement.

Service Provider Payment.

You are entitled to a Payment for each project that you complete. The “Project Payment” is a percentage of a project calculation, as measured by TaxBud. The Payment shall be eighty-five percent (85%) of the calculation on all services. The calculation from the market in which you start a project will apply only to that project.

Additional Payments to You. In addition to the percentage of a project calculation, you will receive the following payments, if applicable: (i) filings fees, (ii) other upfront costs that may pertain to your project.

Adjustments and Settlement.

TaxBud reserves the right to adjust or withhold all or a portion of a project payment or other payment owed to you (i) if it believes that you have attempted to defraud or abuse Clients, TaxBud or TaxBud’s payment systems, or (ii) in order to resolve a Client complaint (e.g., final work was not same as represented in service). TaxBud’s decision to adjust or withhold the project payment or other payment in any way shall be exercised in a reasonable manner. If you have agreed to any other amounts being deducted from your project  with any party, those amounts will be deducted before remittance to you, and we may determine the order of these other deductions if allowed by law. We will use reasonable efforts to ensure that your project payment and any other payments to you will be paid to you on at least a weekly basis. You acknowledge and agree that all payments owed to you shall not include any interest and will be net of any amounts that we are required to withhold by law.

Client Charges.

For each Project, TaxBud will charge the Client an amount calculated or determined by TaxBud on your behalf (the “Client Charges”). Client Charges may be determined before or after the project is completed based on the time and work involved. Alternatively, Client Charges may be quoted in advance and fixed at the time of the project request (a “Quoted Charge”). A Quoted Charge may differ from what the Variable Charge would have been for the same work (as Variable Charges change depending a number of dynamic factors). In either case, your payment for services shall be the Project Payment as described in Section 1 above, plus any additional payments owed to you as described in Section 2 above. Unless we indicate to you otherwise, for each project, the Client Charges includes the Project Cost, applicable upfront costs, fees retained by us (including the Platform Fee described below), and any Third Party Fees. “Third Party Fees” include any applicable fees, any state or local fees, surcharges or taxes imposed on the provision of Services that TaxBud is required by law or agreement to collect and remit to third parties.

TaxBud Fees.

In exchange for your use of the TaxBud Platform and the services provided by TaxBud to you, you agree to pay TaxBud (and permit TaxBud to retain) a service fee (“Service Fee”) and platform fee (“Platform Fee”) based on each project you complete. The Service Fee shall be a percentage of the total amount of each payment made. The Platform Fee shall be a variable amount for each ride and shall equal the Client Charges for the project minus: (i) the Project Payment, (ii) filings fees or other upfront costs that may pertain to your project, (iii) the Service Fee, (iv) any Third Party Fees that Lyft collects, and (v) any bonuses or incentives you earn based on your provision of Services. In the event of a project where the combination of (i)-(iv) above is greater than the Client Charges, no Platform Fee will be charged to you for that project. In such cases, any excess amounts that you receive will be shown as an adjustment to your Platform Fee (or if necessary, as an adjustment to another payment owed to you).

Payment Processing.

Payment processing services are provided by Stripe and subject to the Stripe Connected Account Agreement (available at https://stripe.com/us/connect-account/legal), which includes the Stripe Services Agreement (available at https://stripe.com/us/legal) (collectively, the “Stripe Terms”). By using the TaxBud Platform to receive payment proceeds, you agree to be bound by the Stripe Terms, which may be modified from time to time. As a condition of TaxBud enabling payment processing services through Stripe, you authorize TaxBud to obtain all necessary access and perform all necessary activity on your Stripe Connected Account to facilitate your provision of Services as contemplated by the Agreement and your relationship with TaxBud. You further agree to provide accurate and complete information about you and your business, and authorize TaxBud to share it and transaction information with Stripe for the purposes of facilitating of the payment processing services provided by Stripe. TaxBud reserves the right to switch payment processing vendors in its discretion.

Express Pay.

If you elect to receive payments through TaxBud’s Express Pay feature (which TaxBud may offer to you in its sole discretion), you acknowledge that you will be charged a fee for this Express Pay service as described by TaxBud prior to confirmation. You understand that (i) your financial institution may not support Express Pay, (ii) TaxBud and Stripe make no guarantee concerning how quickly Express Pay payments will settle with your account, and (iii) not all payments through the TaxBud Platform are eligible for Express Pay.

Promotions and Coupons.

TaxBud may, at its discretion, offer promotional or other Coupons to Clients, however such discounts shall not impact the percent payment or any other payments owed to you. You agree that TaxBud may sell passes or subscriptions on your behalf to generate additional leads for your Services. Project Passes entitle Clients to receive discounted or capped costs for qualifying projects (subject to certain limitations, terms and conditions).

No Additional Amounts.

You acknowledge and agree that, for the mutual benefit of the parties, through advertising and marketing, TaxBud and its Affiliates may seek to generate additional demand for your Services from new and existing Clients. You acknowledge and agree such advertising or marketing does not entitle you to any additional monetary amounts beyond the amounts expressly set forth in this Agreement.