ACH Enrollment

This ACH Debit Authorization Agreement (this "Agreement") is made as of 01/29/2026 (the "Effective Date") by and between Velocity Processing, LLC, a Florida Limited Liability Company located at 401 E. Las Olas Blvd, Suite 802, Fort Lauderdale, FL 33301 ("ACH Originator"), and [Business Name] , located at [Business Address] , with phone number [Phone Number] (the "Client").

Client authorizes Velocity to initiate a [Payment Type] Automated Clearing House (ACH) debit from Client's designated bank account on [Payment Date]. The bank name is [Bank Name], the routing number is [Routing Number], and the account number is [Account Number].

WHEREAS, Client has an existing business relationship with Velocity for the purpose of digital payments and merchant solutions;

WHEREAS, Client desires to authorize Velocity to automatically debit Client's bank account for fees, charges, and other amounts owed (i.e., custom web development);

WHEREAS, Velocity agrees to provide Client with a PAID receipt following each successful ACH debit transaction; and

WHEREAS, the Parties wish to establish the terms and conditions governing such ACH debit transactions.

NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

Client hereby authorizes Velocity Processing, LLC to initiate ACH debit entries from the bank account designated by Client (the "Designated Account") for the payment of fees, charges, and other amounts owed by Client to Velocity for products and/or services rendered. This authorization shall remain in effect until terminated in accordance with Section 10 of this Agreement.

This authorization covers the following types of ACH debit transaction as selected by Client: (a) One-Time Fee – a single ACH debit for a specific amount to be processed on or after the payment date specified herein; or (b) Multi-Occurrence – recurring ACH debits processed on the same day of each month (e.g., the 15th of each month) until this authorization is terminated. The payment type selected by Client is indicated in this Agreement.

Client acknowledges and agrees that the amount of each ACH debit may vary based on the products and services rendered by Velocity. The specific amount to be debited will be determined based on applicable fees, charges, and services provided during the relevant billing period. Velocity will provide Client with a PAID receipt, sent via email, within three (3) business days of the ACH initiation.

For One-Time Fee transactions, the ACH debit will be initiated on or after the payment date specified in this Agreement. For Multi-Occurrence transactions, ACH debits will be initiated on the same day of each month as specified in this Agreement. If the specified day does not exist in a given month (e.g., the 31st of February), the debit will be processed on the last business day of that month. If the selected processing date falls on a weekend or bank holiday, Velocity will initiate the ACH on the next business day.

Client agrees to provide Velocity with accurate and complete bank account information for the Designated Account, including the bank name, routing number, and account number. Client is responsible for ensuring that the Designated Account has sufficient funds available to cover each ACH debit. Client agrees to notify Velocity promptly in writing of any changes to the Designated Account information.

Paid Receipts will be sent to the email address provided by Client and will include the transaction date, amount debited, and a description of the products or services for which payment was collected. Client agrees that electronic receipts satisfy any receipt or confirmation requirements.

If an ACH debit is returned or rejected due to insufficient funds, a closed account, or any other reason, Client agrees to pay any applicable return fees, bank charges, or administrative fees incurred by Velocity. Velocity reserves the right to re-initiate the ACH debit and/or pursue alternative collection methods for any unpaid amounts. Repeated failed transactions may result in termination of this authorization and/or suspension of Services.

If Client believes that any ACH debit was made in error or was unauthorized, Client must notify Velocity in writing within sixty (60) days, or such longer period as required by applicable law, of the transaction date. Velocity will investigate the disputed transaction and, if an error is confirmed, will credit the appropriate amount to Client's Designated Account or issue a refund. Client's rights regarding unauthorized transactions are also protected under applicable federal and state laws, including NACHA Operating Rules.

Velocity reserves the right to amend the terms of this Agreement with thirty (30) days' prior written notice to Client. Client's continued use of the Services and failure to terminate this authorization after receiving such notice shall constitute acceptance of the amended terms. Except as provided in this Section 9, any amendment to this Agreement must be in writing and signed by both Parties.

Client may revoke this ACH debit authorization at any time by providing written notice to Velocity at least ten (10) business days prior to the next scheduled debit date. Such notice must be sent to Velocity Processing, LLC at 401 E. Las Olas Blvd, Suite 802, Fort Lauderdale, FL 33301, or via email to support@vproc.com. Termination of this authorization does not release Client from any outstanding payment obligations owed to Velocity.

Velocity shall not be liable for any delays, losses, or damages arising from: (a) Client's failure to maintain sufficient funds in the Designated Account; (b) incorrect bank account information provided by Client; (c) oversight by client to provide Velocity with updated banking details; (d) acts or omissions of Client's financial institution; or (e) circumstances beyond Velocity's reasonable control. In no event shall Velocity's total liability under this Agreement exceed the amount of the two (2) most recent ACH debits processed, or such longer period as required by applicable law.

This Agreement shall be governed by and construed in accordance with the laws of the State of Florida, without regard to its conflict of laws principles. Any disputes arising under this Agreement shall be resolved in the state or federal courts located in Broward County, Florida, and the Parties hereby consent to the exclusive jurisdiction of such courts.

This Agreement constitutes the entire understanding between the Parties with respect to the subject matter hereof and supersedes all prior negotiations, representations, warranties, and agreements between the Parties relating to ACH debit authorization. This Agreement may be executed electronically, and electronic signatures shall have the same legal effect as original signatures.

The Parties agree to comply with all applicable rules and regulations of the National Automated Clearing House Association (NACHA) and any other applicable laws governing ACH transactions. Client represents and warrants that Client has the authority to authorize ACH debits from the Designated Account and that such authorization does not violate any agreement between Client and Client's financial institution.

Upon successful submission, the parties will have electronically executed this ACH Debit Authorization Agreement by their duly authorized officers or representatives. The Client "[Client Business Name]" accessed this ACH Debit Authorization Agreement in Columbus, OH from IP address 216.73.216.35. A PDF copy of this agreement will automatically be sent to the email indicated on this form.