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Brex Platform Agreement

Revised 10.30.2018

This Platform Agreement is between Company and Brex and governs your use of the Services. By submitting your application to open a Brex Account, you consent to this Platform Agreement, including the applicable Card Terms, and to receive all Notices and communications from Brex electronically. Capitalized terms used in this Platform Agreement have the meaning provided in Section 4. We may update or replace this Platform Agreement with you by posting an updated version to our legal page.

0. Overview

This Platform Agreement is organized into the following sections:

Section 1 describes the Services and the Brex Account application process, and provides details on Brex's use and handling of Company Data.

Section 2 describes the process for obtaining and managing payment cards through your Brex Account, including issuance and use of Cards as governed by Card Terms between you and Issuers as incorporated into this Platform Agreement. This section also includes authorization to automatically debit your bank accounts for amounts you owe for payments using Cards.

Section 3 describes other legal terms including liabilities for losses and how disputes will be resolved, and information on how we provide Notices to you. THIS SECTION ALSO INCLUDES YOUR WAIVER TO CONSOLIDATED OR CLASS ACTIONS AND YOUR AGREEMENT TO RESOLVE DISPUTES THROUGH BINDING ARBITRATION, SO PLEASE READ IT CAREFULLY.

Section 4 includes the capitalized, defined terms used in this Platform Agreement.

You may only open a Brex Account and use the Services if you accept all of the terms and conditions of this Platform Agreement.

1. The Brex Platform

1.1 Services

The Services allow you to issue and manage Cards for your Users; manage expenses and reporting; and access, use, and connect Third-Party Services through your Brex Account; and access other functionality through your Brex Account. Brex may change or provide new Services but will not materially diminish or remove Services without Notice except where necessitated by an Issuer or Third-Party Service Providers or required by law.

1.2 Applying for a Brex Account

You will need to provide Company Data and certain Personal Data and connect at least one Linked Account when submitting an application for a Brex Account. Company Data may include business information (such as registered business name and state of incorporation for Company, the business address, ownership details, the nature of the business, and details from Linked Accounts and other business information we may request from time to time), Personal Data (such as the name, contact information, and date of birth of Users or beneficial owners), and documentary information used to verify business and Personal Data (such as corporate registration certificate, proof of address, or personal identification).

We provide Company Data and Personal Data to Issuers and Third-Party Service Providers to determine your eligibility for the Services and Cards. We may immediately approve or deny your application or grant you provisional access to the Services or your Brex Account while your application is pending. Brex and Issuers rely on the accuracy of Company Data and Personal Data when opening and maintaining your Brex Account. We may deny Applications, interrupt provision of the Services to you, or suspend or close your Brex Account for any reason including where Company Data or Personal Data is out of date, incomplete, or inaccurate. You will keep Company Data and each User’s Personal Data current, complete, and accurate in your Brex Account whether we provide you with full or provisional access.

We will disclose Fees to you when opening your Brex Account or through our website. Except where agreed upon in a writing executed by both parties, we may change Fees upon thirty days' Notice to you.

1.3 Managing your Brex Account

You must specify at least one Administrator to manage your Brex Account when submitting your Application. Administrators can add, remove, or manage additional Administrators and Users; request and manage Cards for Users; establish spending limits; view transactions and run reports; provide or update Company Data; connect Linked Accounts, Third-Party Services, and other accounts to your Brex Account; and perform other tasks to manage your Brex Account. You are responsible for any actions or failure to act on the part of Administrators or Users, or those using their credentials to access your Brex Account.

1.4 Security and Monitoring your Brex Account

You will keep your Brex Account and Cards secure and only provide access to individuals that you have authorized to use Cards on your behalf. You will immediately disable User access to the Services or reduce spending limits where you know or believe your Brex Account or Cards have been compromised or stolen or may be misused; and you will promptly notify us of any unauthorized access or use. We may help you resolve unauthorized transactions using your Cards, but you are ultimately responsible for financial loss caused by Administrators, Users, or other persons given access to the Services, your Brex Account, and Cards. We may suspend access to your Brex Account or specific Cards if we believe your Brex Account or a Card has been compromised or that not doing so may pose a risk to you, Brex, Issuers, or any third parties.

1.5 Requirements and Prohibited Activities

Only companies organized and registered in the United States (such as C-corps, S-corps, LLCs, or LLPs) may apply for a Brex Account. Consumers, sole proprietors, unincorporated partnerships, and companies registered outside the United States are not permitted to use, or attempt to open or use, a Brex Account.

Your Brex Account, Services, and Cards may only be used for the Company’s bona fide business purposes. Your Brex Account, Services, and Cards may not be (a) used for any purpose that is unlawful or prohibited by this Platform Agreement and the Card Terms; (b) used for any personal, family, or household use; (c) provided to or used for the benefit of an individual, organization, or country that is blocked or sanctioned by the United States, including those identified on the United States Office of Foreign Asset Control (OFAC); or (d) by unaffiliated third parties; or (d) used for any other activities not for the benefit of the Company.

You are not eligible for a Brex Account, and we will close your Brex Account and cancel Cards if you engage in any of the prohibited activities identified in the Prohibited Activities List. We may update this list at any time, so please review it regularly and contact us with any questions you have about how this list may apply to Company's business.

We may suspend or terminate access to your Brex Account or Cards if we believe this section was violated, or if required by an Issuer. You agree to pay Fines imposed on Brex by Issuers for violation of this section.

1.6 Identification as Customer

We may publicly reference you as a Brex customer on our website or in communications during the term of this Platform Agreement. We will not express any false endorsement or partnerships. You grant Brex a limited license to use Company trademarks or service marks for this purpose. Please notify us if you prefer that we not identify you as a Brex customer and we will remove references to you on our website or in communications.

1.7. Ownership and License

Brex and licensors own the Brex Property. You, Administrators, and Users may only use Brex Property as provided to you and for the purposes provided in this Platform Agreement and the Card Terms. You may not modify, reverse engineer, create derivative works from, or disassemble Brex Property; or register, attempt to register, or claim ownership in Brex Property or portions of Brex Property.

Brex grants you a nonexclusive and nontransferable license to use Brex Property as provided through the Services and as permitted by this Platform Agreement. This license terminates upon termination of this Platform Agreement unless terminated earlier by us.

1.8 Data

The Card Networks, Brex, and Issuers collect Company Data through your use of the Cards, the Services, and Third-Party Services. We may use Company Data to provide Services to you and to assist in underwriting, identity verification, internal reporting and analysis, fraud prevention, dispute resolution, and development of products and services.

We provide some Company Data to Issuers, Card Networks, and other third parties: (a) to provide the Services to you, or as required by law or Card Network rules; (b) for internal analytics and reporting; (c) to obtain additional information about a Company; and (d) report Company performance to credit reporting agencies and credit rating agencies, where appropriate. We will not share any Company Data with third parties for marketing unaffiliated products without your consent but may use Company Data to identify Services, Third-Party Services, programs that we believe may be of interest to you, including as part of a rewards or benefits program. Where Company Data is shared with third parties, Brex will implement controls to reduce the risk of loss or accidental disclosure.

You grant Brex a worldwide, irrevocable license to use, modify, distribute, copy, and create derivative works from Company Data for the purposes identified in this Platform Agreement.

1.9 Rewards

Brex may determine when, how, and under what conditions Company or Users may qualify for or earn rewards. All rewards offered are subject to the Brex Rewards Agreement.

1.10 Beta Services and Feedback

Beta Services may be made available to you. Any Beta Services are provided to you AS IS and without warranty. We may use any Feedback about the Services or Beta Services freely and without restriction. Except where specifically notified by us, we will not compensate or credit you for Feedback you provide us.

1.11 Privacy

Collection, use, and handling of Personal Data is described in our privacy policy. Please review our privacy policy and contact us if you have any questions.

2. Payment Cards

2.1 Card Terms

Cards are issued by an Issuer identified on the back of physical Cards issued to you, in the Card Terms, and relevant program materials provided to you. The Card Terms govern your use of the Cards. You may only use the Cards if you, your Administrators, and your Users consent to the applicable Card Terms. Issuers may update Card Terms at any time by providing Notice to you through Brex and your continued use of the Cards constitutes your acceptance of the updated Card Terms.

2.2 Linked Accounts

We will use Financial Data from Linked Accounts to verify account balances and account information, establish spending limits, identify spending patterns and potential fraud, determine spending limits, analyze and report transactions, and provide Services to you. You must maintain at least one Linked Account at all times and agree that Brex may directly debit this Linked Account for payment of Periodic Statements. You may change Linked Accounts through your Brex Account.

2.3 Spending Limits

We work with Issuers to establish a Company’s spending limit taking various factors into account including available funds, spending patterns, unbilled volume, and the nature of the Company’s business. We do not disclose spending limits but may provide guidance identifying whether specific transactions or monthly volumes may exceed any limit. Spending limits are dynamic and may be modified at any time with or without Notice to you, including temporarily increases or decreases to your spending limits or reducing spending limits to $0. Administrators may set User-specific limits or controls through your Brex Account, but the aggregate spending limit for all Users may not exceed the spending limit established for the Company.

2.3 Requesting and Replacing Cards

Administrators may request Card issuance for Users through your Brex Account but may not provide to and will not request Cards for individuals that are not employees, subcontractors, or any other persons not affiliated with or authorized by the Company. Cards may be denied or canceled due to changes in Issuers’ policies, as required by law, or for other reasons we determine are appropriate under the circumstances. Cards may be issued to Users as physical or virtual cards (a Card issued without an associated physical card). By default, new Users will be issued both a physical and virtual Card and will be able to view transactions and manage their Cards through the Brex Account.

You will promptly notify us and take appropriate measures to prevent unauthorized transactions when a Card is lost, stolen, breached, or needs to be replaced. In such cases, Administrators may request the issuance of replacement Cards by Issuers through your Brex Account. Replacement Cards may have new account numbers that will require you to update the Card on file for any scheduled or recurring payments. If you do not update the Card for scheduled or recurring payments, the transactions may not be completed. You are solely responsible for updating Cards stored with merchants.

2.4 Using Cards

Users may only use Cards for bona fide business-related Charges. You are responsible for Charges made by any individuals given access to Cards even if they are not the person associated with or named on the Card. You will establish and maintain controls designed to ensure that the Cards are only used for bona fide Company purposes and in compliance with Card Network rules.

Brex, Issuers, Card Networks, or other intermediary Third-Party Service Providers (including merchant acquirers) may deny or reverse Charges for any reason. Brex is not responsible for any losses or you incur where a Charge is denied or reversed.

If you and a merchant have a dispute regarding a Charge identified on your Periodic Statement, including delivery of the incorrect goods or services or being charged the wrong amount, you should first attempt to resolve the dispute with the merchant. If such a dispute is not resolved to your satisfaction or if you believe the Charge is unauthorized, you may initiate a Chargeback through your Brex Account. The Card Networks have established procedures for resolving Chargebacks that may require that you provide details of the disputed Charge or associated documentation. Chargebacks resolved in your favor will be credited to a future Periodic Statement.

2.5 Periodic Statements

You are responsible for payment in full of all Charges, Fees, and Fines. We will provide you periodic statements identifying Charges, Fees, Fines, refunds, or other amounts owed or credited to your Brex Account in your Periodic Statement. Your Linked Account will be automatically debited for the full amount identified in the Periodic Statement at the end of each billing cycle and your Brex Account will show the credit the day after payment is received. Unless otherwise specified in writing by Brex, Periodic Statements are issued every 30 days starting on the day that you create your Brex Account.

2.6 Set Off and Collections

Periodic Statements that are not paid on time may be collected from any Linked Account, even if the account is not currently a Linked Account; or set off, debited or collected from amounts in a Brex Account that you hold jointly with a third party or open in the future even if your original Brex Account has been closed. This right may be exercised against Company, its affiliates, an assignee for the benefit of your creditors, or a receiver. This right will exist even if we do not exercise it prior to the making, filing, or issuance of an arbitration demand, court order, or other action.

Any failure to pay the full amount owed to Brex when required is a breach of this Agreement. You are responsible for all costs or expenses that we or Issuers incur collecting amounts owed but not timely paid, including legal fees and any interest at the maximum rate permitted under law.

2.7 ACH Authorization

THIS SECTION PROVIDES AUTHORIZATION TO AUTOMATICALLY DEBIT YOUR LINKED ACCOUNTS FOR ALL AMOUNTS YOU OWE UNDER THIS PLATFORM AGREEMENT. PLEASE READ IT THOROUGHLY.

Authorization to Debit Linked Accounts. You authorize Brex, Issuers, or their assigns to collect amounts owed under this Platform Agreement by debiting funds from the Linked Accounts at depository institutions (including banks and credit unions) using the Automated Clearinghouse (ACH) network governed by the rules established by the National Automated Clearinghouse Association (NACHA). These debits are bound by NACHA rules for business-related ACH debits.

We will debit Linked Accounts for all amounts owed to us under this Agreement. If we cannot collect these amounts via ACH, you agree to immediately pay all amounts owed as directed. You also authorize Brex, Issuers, or their assigns to immediately these debit Linked Accounts where the total aggregate balance of Linked Accounts is less than any balance minimums that we have communicated to you; or where we determine in our sole discretion that the Company poses or may pose an unacceptable risk to Brex, Issuers, or third parties.

Withdrawing Your Authorization: To withdraw the debit authorization from a Linked Account, you must provide us 30-day advanced Notice and pay all amounts owed under your Brex Account immediately, including Charges and other amounts that may be included in future Periodic Statements. Withdrawal of a debit authorization does not terminate the Platform Agreement or your obligation to pay all amounts owed under this Platform Agreement or the Card Terms. Company will be responsible for all costs of collections and damages under this Platform Agreement if amounts owed are not paid by Company as described in this Platform Agreement.

3. Additional Terms

3.1 Term and Termination

This Platform Agreement is effective when you submit an application to Brex and continues until terminated by either you or us, or in accordance with the Card Terms or as otherwise set forth in this Platform Agreement.

You may terminate this Platform Agreement by paying all amounts owed and providing Notice to us, but are still responsible for Charges, Fees, Fines, and other losses caused by your action or inaction prior to terminating the Platform Agreement. If you reapply or reopen your Brex Account or use or attempt to use the Services or Cards you are consenting to the Platform Agreement in effect at that time. Brex may terminate this Platform Agreement, or suspend your Brex Account or Cards, by providing you Notice.

Sections 1.4 (Security and Monitoring your Brex Account), 1.8 (Data), 1.10 (Beta Services and Feedback), 1.11 (Privacy), 2.6 (Set Off and Collections), 2.7 (ACH Authorization), 3.1 (Term and Termination), 3.2 (Notice and Communication), 3.3 (Limitation of Liability), 3.5 (Disclaimer of Warranties by Brex), 3.6 (Indemnification), 3.7 (Governing Law and Venue), 3.8 (Binding Arbitration), 3.9 (Legal Process), and 3.10 (Assignment); the provisions of the Card Terms that identify continuing obligations; and any other provisions of this Agreement giving rise to continued obligations of the parties will survive termination of this Platform Agreement.

3.2 Notice and Communication

You consent to us providing Notices to you under this Platform Agreement electronically and understand that this consent has the same legal effect as a physical signature.

We will provide Notices regarding activity and alerts to your Brex Account electronically through your Brex Account, email, and via text or SMS to the contact information provided to us by Administrators and Users. Notices affecting payment and legal terms will be sent to Administrators through your Brex Account or email and are considered received 24 hours after they are sent. You understand that you may not use the Services or Cards unless you consent to receive Notices electronically. You may only withdraw consent to receive Notices electronically by closing your Brex Account.

We may send Notices to User's mobile phones through text or SMS to the phone numbers Administrators and Users provide to us. These Notices may include alerts about Services, Cards, Charges, and may provide Administrators and Users the ability to respond with information about Charges on Cards or your Brex Account. Administrators and Users may elect to not receive certain Notices through the Brex Account, but this will limit the use of certain Services and may increase the financial risks to the Company. Company will secure appropriate authorization to send text or SMS messages to Users on the Company’s behalf.

Administrators and Users are required to maintain an updated web browser and computer and mobile device operating systems to receive Notices correctly. Administrators and Users are responsible for all costs imposed by internet or mobile service providers for sending or receiving Notices electronically.

Contact us immediately if you are or believe you are having problems receiving Notices.

3.3 Limitation of Liability

Our maximum liability to you for direct damages under this Platform Agreement is limited to the total amount of Fees actually paid by you to Brex in the three months preceding the event that is the basis of your claim. Brex is not liable to you for consequential, indirect, special, or punitive damages, lost profits, or revenue whether or not we were advised of their possibility by you. These limitations apply regardless of the legal theory on which your claim is based.

3.4 Representations and Warranties

You represent and warrant that Company is and will continuously throughout this Platform Agreement be duly organized and in good standing under the laws of its jurisdiction of incorporation; that Administrators have requisite organizational power and authority to conduct business and manage Company's Brex Account; that you and Users will not engage in activities prohibited by this Platform Agreement; and that Company Data provided to Brex is current, complete, and accurate.

3.5 Disclaimer of Warranties by Brex

THE SERVICES, BREX PROPERTY, AND BETA SERVICES ARE PROVIDED TO YOU AS IS AND AS AVAILABLE. BREX DISCLAIMS ALL EXPRESS, IMPLIED, OR STATUTORY WARRANTIES OF TITLE, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT OF SERVICES, BREX PROPERTY, AND BETA SERVICES AND NOTHING IN THIS PLATFORM AGREEMENT WILL BE INTERPRETED TO CREATE OR IMPLY ANY SUCH WARRANTY TO YOU.

THIRD-PARTY SERVICES ARE NOT PROVIDED OR CONTROLLED BY BREX. BREX DOES NOT PROVIDE SUPPORT FOR AND DISCLAIMS ALL LIABILITY ARISING FROM FAILURES OR LOSSES CAUSED BY THIRD-PARTY SERVICES.

BREX DISCLAIMS ALL WARRANTIES AND DOES NOT GUARANTEE THAT: (A) SERVICES AND DATA PROVIDED UNDER THIS PLATFORM AGREEMENT ARE ACCURATE OR ERROR-FREE; (B) THE SERVICES WILL MEET YOUR SPECIFIC NEEDS OR REQUIREMENTS; (C) THE SERVICES WILL BE USABLE BY COMPANY, ADMINISTRATORS, OR USERS AT ANY PARTICULAR TIME OR LOCATION; (D) SPECIFIC MERCHANTS WILL PERMIT PURCHASES USING CARDS ISSUED BY AN ISSUER; (E) SERVICES WILL BE UNINTERRUPTED, SECURE, OR FREE FROM HACKING, VIRUSES, OR MALICIOUS CODE; AND (F) ANY DEFECTS IN THE SERVICES WILL BE CORRECTED, EVEN WHEN WE ARE ADVISED OF SUCH DEFECTS.

3.6 Indemnification

You agree to indemnify and defend Brex (including our affiliates, employees, contractors, and Third-Party Service Providers) against losses that result from or are related to claims, proceedings, suits, or actions brought by or initiated against Brex by any third party due to your breach of this Platform Agreement, or an Administrator’s or User’s breach of obligations owed under this Platform Agreement, a User Agreement, the Card Terms or any other agreements with Brex; for amounts owed by Company to third parties; for acts or omissions of Administrators, Users, or other Company employees or agents; for Company's use of Third-Party Services; or for disputes over Charges between Company and merchants.

3.7 Governing Law and Venue

This Platform Agreement will be construed, applied, and governed by the laws of the State of California exclusive of its conflict or choice of law rules except to the extent that US federal law controls. Subject to Section 3.8, all litigation will be brought in the state or federal courts located in San Francisco, California.

3.8 Binding Arbitration

The parties agree to resolve all disputes arising under or in connection with this Platform Agreement as provided in this section. Any arbitration or other legal proceeding under this Platform Agreement will only be on an individual basis. Neither party may form with other arbitrators or parties to form a Consolidated Action. Each party waives its rights participate in a Consolidated Action against the other party.

Company and Brex agree to first attempt to resolve Disputes in good faith and in a timely manner. Where no resolution can be found, Disputes will be resolved by arbitration in San Francisco, California before a single arbitrator, as provided in this section; except that Disputes principally arising from protection of intellectual property rights or breach of confidential information will be resolved through litigation in accordance with Section 3.7.

Arbitration will be administered by JAMS according to the rules and procedures in effect at the time the arbitration is commenced. Disputes with amounts claimed greater than $250,000 will apply the JAMS Comprehensive Arbitration Rules and Procedures; and Disputes with amounts claimed less than or equal to $250,000 will apply the JAMS Streamlined Arbitration Rules. The arbitrator will apply the substantive law as described in Section 3.7. If JAMS cannot administer the Dispute, either party may petition the US District Court for the Northern District of California to appoint an arbitrator. The parties acknowledge that transactions under this Platform Agreement may involve matters of interstate commerce and, notwithstanding the provisions in this paragraph referencing applicable substantive law, the Federal Arbitration Act (9 U.S.C. §§ 1-16) will govern any arbitration conducted pursuant to the terms of this Platform Agreement.

Either party may commence arbitration by providing a written demand for arbitration to JAMS and the other party detailing the subject of the Dispute and the relief requested. Each party will continue to perform its obligations under this Platform Agreement unless that obligation or the amount (to the extent in Dispute) is itself the subject of the Dispute. Nothing in this Platform Agreement affects the right of a party to seek urgent injunctive or declaratory relief from a court of appropriate jurisdiction to in respect of a Dispute or any matter arising under this Platform Agreement.

The prevailing party is entitled to recover its reasonable attorneys' fees, expert witness fees, and out-of-pocket costs incurred in connection with such proceeding, in addition to any other relief it may be awarded.

Proceedings and information related to them will be maintained as confidential, including the nature and details of the Dispute, evidence produced, testimony given, and the outcome of the Dispute, unless such information was already in the public domain or was independently obtained. Company and Brex, and all witnesses, advisors, and arbitrators will only share such information as necessary to prepare for or conduct arbitration or other legal proceeding, or enforcement of the outcome, unless additional disclosure is required by law.

We may respond to and comply with any legal order we receive related to your use of the Services, including subpoenas, warrants, or liens. We are not responsible to you for any losses you incur due to our response to such legal order. We may take any actions we believe are required of us under legal orders including holding funds or providing information as required by the issuer of the legal order. Where permitted, we will provide you reasonable Notice that we have received such an order.

3.10 Assignment

Brex may assign, pledge, or otherwise transfer this Platform Agreement or its rights and powers under this Platform Agreement without providing Notice to you. Any such assignee will have all rights as if originally named in this Platform Agreement instead of Brex. Company may not assign this Platform Agreement or rights provided, or delegate any of its obligations, without Brex's express written consent.

3.11 Headings and Interpretation

Except where otherwise specified, all references to sections or provisions refer to this Platform Agreement or the applicable incorporated terms. The phrases including, for example, or such as do not limit the generality of the preceding provision; the word _or_ will be read to mean either… or… or any combination of the proceeding items; and provisions listing items and using and require all listed items.

All monetary amounts owned under this Platform Agreement will be made in US Dollars (USD).

This Platform Agreement, including incorporated terms, comprises the entire understanding of the parties with respect to the subject matter described and supersedes all other proposals or previous understandings, written or oral, between the parties. In the event that this Platform Agreement is terminated, the Card Terms will immediately terminate.

3.12 Changes to this Platform Agreement

We may modify this Platform Agreement or provide another agreement governing your use of the Services or any portion of them by providing you Notice. Any Administrator’s or User’s continued use of the Services or Cards constitutes your consent to the revised Platform Agreement.

Any waiver, modification, or indulgence that we provide to Company, of any kind or at any time, applies only to the specific instance involved and will not act as a general waiver or a waiver, modification, or indulgence under this Platform Agreement for any other or future acts, events, or conditions. Further, any delay by Brex in enforcing our rights under this Platform Agreement does not constitute forfeiture of such rights.

3.11 Entire Agreement

This Platform Agreement constitutes the entire understanding between Company and Brex for the subject matter described and no other agreements, representations, or warranties other than those provided in this Platform Agreement will be binding unless in writing and signed by Company and Brex.

4. Defined Terms

Capitalized terms in this Platform Agreement are defined as follows:

Administrator means the authorized signer that is authorized by you to manage your Brex Account and act on behalf of the Company, including consenting to this Platform Agreement.

Beta Services means beta or pre-release products or services, which may contain features and functionality that are incomplete or subject to substantial change or discontinuation.

Brex or we means Brex Inc.

Brex Account means your corporate account with Brex that is used to access Services including reviewing expenses and managing Cards.

Brex Data means all data developed or collected by Brex through the development or provision of Services, Cards, or Third-Party Services, or generated or recorded by the Brex Platform, but which does not include Company Data.

Brex Property means the Services and related technology; Brex Data; and copyrights, patents, trade secrets, trade or service marks, brands, logos, and other intellectual property incorporated into each of the foregoing.

Cards means physical or virtual payment cards issued by an Issuer and managed through your Brex Account.

Card Networks means the payment card networks including Visa or Mastercard.

Card Terms means the agreement between Company and the applicable Issuer for use of Cards identified on our website.

Charge means a payment for goods or services made to a merchant that accepts payments on the applicable Card Network.

Chargeback means a dispute that you initiate against a merchant for an unresolved dispute with the merchant or where a Charge is unauthorized.

Company or you means the company that is applying for or has opened a Brex Account use the Services and manage Cards and is executing this Platform Agreement.

Company Data means information or documentation provided by the Company to Brex, and which includes Financial Data and any Personal Data provided by Company, Administrators, and Users.

Consolidated Action means class arbitrations, class actions, or other action brought between multiple parties based on the same or similar legal claims, or the same or similar facts.

Dispute means any dispute, claim, or controversy arising from or relating to this Platform Agreement, including any incorporated terms.

Feedback means all feedback, suggestions, ideas, or enhancement requests you submit to us.

Fees means charges we impose on you for use of Services or your Brex Account.

Financial Data means Company’s bank balance, transaction, and account information accessible to Brex through Linked Accounts or Third-Party Services.

Fines means all fines, fees, penalties, or other charges imposed by an Issuer or regulatory authority arising from your breaching of this Platform Agreement (including the Card Terms) or other agreements you have with Brex or an Issuer.

Issuer means the bank that is a member of the Card Network indicated on Cards and is responsible for issuing the Cards to you.

Linked Account means any account that is held with a financial institution or that contains provides financial data and is linked to or authorized for use through your Brex Account.

Notice means any physical or electronic communication or legal notices related to this Platform Agreement that are provided to you, Users, or Administrators through text or SMS, email, your Brex Account, or by other means.

Periodic Statement means the periodic statements identifying Charges, Fees, Fines, refunds, or other amounts owed or credited to your Brex Account during each billing cycle.

Personal Data means data that identifies or could reasonably be used to identify a natural person.

Platform Agreement means this Platform Agreement as amended.

Prohibited Activities List means the list of prohibited business types and activities posted on our website as updated from time to time that may render Company ineligible for a Brex Account.

Services means the expense and corporate Card management services and all other services provided by Brex through your Brex Account.

Third-Party Services means services and data provided by third parties connected to or provided through Services. Third-Party Services include accounting or expense management platforms (such as QuickBooks, Xero, and NetSuite) and applications used to monitor Linked Accounts (such as Finicity).

Third-Party Service Provider means an affiliate or other third party that that assists us in providing the Services to you, that supports our internal operations, or that provides other services related or connected to, or provided through the Services and a Brex Account.

Users means any employees, contractors, agents, or other individuals permitted to use Services or Cards on your behalf.

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