PAD Agreement for Corporation

PRE-AUTHORIZED DEBIT (PAD) AGREEMENT ONLINE FORM

Type of Service: Business

Type of Business *

Corporation

Entity Legal Name

Corporation address

Address Line 1

Address Line 2

City

State / Province / Region

Postal Code

Country

Registered address of the corporation

Contact Name *

First

Last

Contact Phone *

Contact Email

Number of Bank accounts to Authorize

Name - Financial Institution Number - Transit Number - Account Number

First Bank Accounts to authorize

Second Bank Accounts to authorize

Third Bank Accounts to authorize

Fourth Bank Accounts to authorize

Fifth Bank Accounts to authorize

Sixth Bank Accounts to authorize

Authorization *

I hereby authorize SparcPay Inc. ("SparcPay") to debit the account identified above in order to pay all fees, charges and any other amounts owed pursuant to the terms of SparcPay's terms of service available here: https://www.sparcblock.com/sparcpaytermsofservice (the "SparcPayTerms of Use"); and, if necessary, to initiate adjustments for any transactions debited in error. SparcPay will debit the amount I have identified in the Customer Funding Instructions from the account identified above on the date set out in the Customer Funding Instructions. This agreement is for a Sporadic PAD and SparcPay will obtain due authorization from me, in accordance with Canadian Payments Association Rule H1, for each PAD that SparcPay issues against me. SparcPay may assign this PAD Agreement at any time, directly or indirectly, by operation of law, change of control, or otherwise, by providing to me written notice of the full details of such assignment, including the identity and contact information of the assignee, at least 10 days in advance of the next PAD being issued in the assignee's name. This PAD Agreement only applies to the method of payment between me and SparcPay. This PAD Agreement or the termination of this PAD Agreement does not have any effect whatsoever with respect to any contract, including contracts for goods or services, between me and SparcPay. I can revoke this authorization at any time by providing 30 days' notice to SparcPay. I can obtain a sample cancellation form or further information on my right to cancel this PAD Agreement at my financial institution or by visiting www.payments.ca. If any of the above banking information with respect to the account to be used for PAD transactions becomes invalid or incorrect, I will provide SparcPay with immediate notice of such changes and authorize SparcPay to charge all fees due to an alternative bank account. I have certain recourse rights if any debit does not comply with this agreement. For example, I have the right to receive reimbursement for any debit that is not authorized or is not consistent with this PAD Agreement. To obtain more information on my recourse rights, I may contact my financial institution or visit www.payments.ca.

Signature *

Clear Signature

Date

subdomain