Electronic Funds Transfer Authorization Agreement

This Electronic Funds Transfer Authorization Agreement (this “EFT Authorization Agreement”) is between you and Activehours, Inc. (d/b/a “EarnIn”). By enabling EarnIn’s Balance Shield Transfer services, you authorize EarnIn, or its third-party processor, to (1) initiate recurring electronic debits from the bank account you designated in your EarnIn profile (the “Bank Account”), in the amount of (a) $100, plus (b) the Lightning Speed fee shown to you at the time you enabled EarnIn’s Balance Shield Transfer services, plus (c) any voluntary tip you chose at the time you enabled EarnIn’s Balance Shield Transfer services (the “Total Debit Amount”), and (2) if necessary, correct erroneous debits from, and credits to, the Bank Account. In addition, if EarnIn is unable to debit your Bank Account for any reason, you authorize EarnIn to charge the debit card you linked in your EarnIn profile (the “Debit Card”) to complete the debit.

You agree that every time EarnIn issues you a “Balance Shield Transfer,” you are authorizing EarnIn to debit the Total Debit Amount from your Bank Account or charge your Debit Card for the Total Debit Amount, as applicable, on or around the date of your next paycheck following EarnIn’s delivery of the Balance Shield Transfer. You agree that this EFT Authorization Agreement only requires EarnIn to provide notice to you if the amount EarnIn will debit or charge will be different from the Total Debit Amount.

You agree that the authorizations you provide in this EFT Authorization Agreement will remain in effect until you notify EarnIn that you wish to revoke these authorizations. You may revoke your authorizations by emailing care@earnin.com. You must notify EarnIn at least three business days before the scheduled debit date in order to cancel the authorizations for that debit. If EarnIn receives your notice revoking your authorizations less than three business days before the scheduled debit date, EarnIn may attempt to cancel the debit transaction, but EarnIn will not be responsible if the debit is completed as scheduled.

EarnIn is a financial technology company, not a bank. Bank products are issued by Evolve Bank & Trust, Member FDIC. The EarnIn Card is issued pursuant to a license from Visa USA Inc.

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