Project Sponsorship Agreement

LINUX FOUNDATION EUROPE THE OPENWALLET FOUNDATION Project Sponsorship Agreement Thank you for your interest in sponsoring the OpenWallet Foundation (the “OWF”), of Linux Foundation Europe (the “LFEU”). The purpose of the OWF is to support various open source, open data and/or other open projects relating to or supporting development of digital wallets, including infrastructure and support initiatives related thereto (each such project, a “Technical Project”). The governance for the OWF will operate pursuant to the OWF Charter (the “Charter”), set forth as Exhibit B, and as amended in the future by the OWF’s Governing Board, with the approval of the LFEU. Please note that you must also be a participating member of the LFEU to be eligible to sponsor the OWF. For further information, visit https://linuxfoundation.eu/sponsor. Please have this Project Sponsorship Agreement (the “Agreement”) executed by an authorized representative of the sponsoring organization named below (“Sponsor”) and submit an executed electronic agreement via our online system or send an executed copy in PDF form by email to [email protected]. A countersigned copy will be returned to you by email for your records when your sponsorship has been confirmed. An invoice will be emailed to you for payment of applicable sponsorship fees. Linux Foundation Europe will rely on the contact information provided in Exhibit A for any notices. Sponsors will enjoy the privileges and undertake the obligations described in the Charter and will comply with all such policies as the LFEU Board of Directors and/or the OWF’s Governing Board may from time to time adopt with notice to sponsors. The LFEU reserves the right to refuse any Sponsorship Agreement submitted by a prospective Sponsor who has payment obligations outstanding to the LFEU or to any other LFEU directed funds. Contact Information: If you are an existing LFEU Sponsor, all legal, billing and financial notices from the LFEU relating to your sponsorship will be sent to the individuals already on file with the LFEU under those categories, unless you designate a different individual in Exhibit A. Premier Sponsorship Fees and Term: Premier Sponsorship requires an initial two-year sponsorship commitment. One year’s fees are due upon acceptance as a Premier Sponsor, and the second year’s fees are due at the first anniversary of sponsorship. At the second anniversary of sponsorship, if sponsorship is not canceled at least thirty days prior to the second anniversary of sponsorship, a prorated amount of the applicable fees for the remainder of that calendar year (a “Stub Period”) will be invoiced (and sponsorship will proceed on a calendar-year based renewal cycle thereafter). General Sponsorship Fees and Term: For the purposes of calculating General sponsorship fees, consolidated employees include all employees of the related companies, including any direct and indirect parent companies, and all sister and subsidiary entities, excluding third-party contractors.