EFTA00186422 FEB 24 2004 12:44 FR JPMORGAN FEB 24 '04 12:38 FR JJ P.06/09 CHASE CARDMEMBER SERVICES – PRIORITY SERVICES, PRIORITY JP Morgan Private Bank Platinum Visa/MasterCard Request FAX#: PHON: Date: 2/19/04 BAC Code: 8297 DOC#: Credit Card Account #: Service Contact Name: ETHAN HORNBECKER/CAMILLO D'ORAZIO Service Contact Phone # Service Contact Fax #: Applicant Name: Co-Applicant Name (if applicable): ___ CAS ID: ___ Is this a Rush? YES If YES, Why? PRIVATE BANK CLIENT Do you want to be notified of decision prior to notifying applicant(s)? YES Does Client have Private Bank Relationship? YES CIRCLE ONE: PERSONAL BUSINESS Foreign Transaction Fee: WAIVED Request for Billing Cycle: NA SPECIAL CARD DELIVERY INSTRUCTIONS: □ Deliver all INTERNATIONAL Cards, VIA OVERNIGHT EXPRESS DELIVERY, To the following address for SPECIAL DELIVERY to Clients: JPMORGAN PB SPECIAL SERVICES 345 PARK AVENUE, LEVEL B NEW YORK, NY 10154 RECEIVED □ Other Address/Comments: FEB 24 2004 CARD OPENING: (I) We certify that the client meets all three requirements below: 1. Visa or Mastercard Application Attached. 2. Client Assets are blocked or Assets Under Management are as per guidelines specified on the back of this document. 3. For International clients: Client has instructed us to pay his bills. Please address all bills for the Client to the address below: Attn: Bill Pay P.O. Box 5258 New York, NY 10185-5258 [For U.S. clients, auto payment is strongly recommended] (II) Line of Credit: $___ In all cases, JPMPB accepts credit risk but not fraud risk. Check one below: □ I confirm this request is supported by a hold or blockage of assets in the clients account equivalent to the amount of the line and meets the following requirements: 1. We must have pledge of assets , and 2. Client has Bill Paying – mandatory for all international clients [autopayment recommended for US clients], and 3. If total requested exceeds $25,000 attached is Credit Approval Memorandum per guidelines. □ Request is not supported by pledge of client's assets. Requires: 1. Current Total Operating Income (TOI) or AUM must be per guidelines attached, and 2. Client has Bill Paying – for all non-supported international clients [autopayment recommended for US clients] and 3. If total requested exceeds $25,000 attached is Credit Approval Memorandum per guidelines, and 4. Total line must be approved by authorities specified in the schedule on next page. FEB 24 2004 12:10 EFTA00186423 FEB 24 2004 12:44 FR JPMORGAN FEB 24 '84 12:59 FR JR MURPHY | 2 TO 97584078 | P.07/09 | | :--- | :--- | # CHASE CARDMEMBER SERVICES – PRIORITY SERVICES, PRIORITY PROCESSING JPMorgan Private Bank Platinum Visa/MasterCard Request FAX#: [blank] PHON (II) Line of Credit Increase/Decrease We recommend an increase/decrease (circle one) in the Visa or MasterCard line from $___ to $___ If increase required, total amount requested must conform to guidelines in II above (check box). Reason for recommendation of an Extended Line of Credit: Reason for recommendation of an Extended Line of Credit: (III) Cancel Card (Inform Credit area if credit card line of credit was $25M or more). Requested By: □ Bank □ Client How instructions were received: Phone call on: Date:___ Time:___ Ext:___ RM:___ ☐ Credit Card Application □ Letter Dated: ___ $$\therefore S_{2} =$$ Signature of Banker, Team Manager/Officer & Title Signature of Credit Officer Chrisopher 62 | French Printed Name Arnold (Welles) (18-2) Printed Name Summary of Internal Guidelines Chase Visa or MasterCard Credit Card Criteria Unsecured Private Bank Risk**
VISA/MasterCard Line AmountMinimum TOI*Minimum AUMApproval Authorities
$0 - $75,000$10,000$1,000,000B1 & B3 (Lending Team Leaders)
$75,001 - $100,000$30,000$3,000,000B1 & B3 (Regional Lending Heads)
$100,001 - $250,000$100,000$10,000,000C2 or C3
Over $250,000***$500,000$50,000,000C4
Either TOI or AUM requirements must be met; Clients SHOULD NOT be advised of these guidelines or any explicit product criteria approval. ** Approval required in case application not approved by Cardmember Services. *** Assuming this capability is implemented by Cardmember Services. ## CREDIT CARD REQUEST MEMORANDUM This must accompany any request to approve or increase a VISA/Mastercard line in excess of $21,000 and should address the following points detailed below: - Name of cardholder and the name of the overall Chase relationship is different. - * Occupation/background of the cardholder. - How does the cardholder fit in the overall Chase relationship. - Customers record of meeting credit obligations (for example: always paid as agreed/some missed payments/restructures). - Current credit facilities besides VISA/MasterCard (Cardholder or relationship). Attach the most current Credit Memo. - What is the reason the cardholder wants the card increase. . . FEB 24 2004 - Cardholder/relationship (specify which) Account with Chase since? - Non-credit products (with estimated amounts) used by cardholder/relationship (e.g. PICS, Trusts etc.). - Current AUM – Increase or Decrease by how much from the prior year. - Year to date TOI from client relationship. - Does the client currently have a bills paying/credit card? If yes, since when? Any problems (lost card / stolen card/missed payments)? - What is both cardholder/relationship record (at least in last 12 months) regarding casual overdrafts If occasional or frequent casual O/Ds, then specify the frequency, avg. amount, and length of time of the casual O/D. - What additional relationship benefits will be gained by granting this request. (Be precise and quantify.. for example, increase AUM, sell another product, defend AUM). - Memo must identify Banker and back up with phone numbers. - Memo to confirm that Banker will promptly provide the Credit Control Unit information on account status and AUM within 24 hours of request for purpose of future monitoring. - Metro to be signed by Banker plus 2 approving officers. FEB 24 2004 12:10 PRIORITY SERVICES