EXHIBIT 10.2
FORM OF DOMESTIC BANK AGREEMENT
INDEPENDENT SALES ORGANIZATION AGREEMENT
BETWEEN
ORBIS DEVELOPMENT, INC. (ISO)
AND
[NAME OF DOMESTIC BANK]
TABLE OF CONTENTS
I. Definitions..........................................................................................
II. ISO's Obligations...................................................................................
2.1 Responsibilities of ISO.....................................................................
2.2 Merchant Losses.............................................................................
2.3 Audits......................................................................................
2.4 Information.................................................................................
2.5 Ownership of Merchant Relationships/Agreements..............................................
III. BANK's Responsibilities............................................................................
3.1 BANK's Responsibilities.....................................................................
IV. Settlement and Payment..............................................................................
4.1 Clearing Account............................................................................
4.2 Merchant Fees...............................................................................
4.3 BANK Fees...................................................................................
4.4 Transfer Account............................................................................
4.3 Settlement Procedures.......................................................................
V. Third Party Requirements..........