CONDITIONS OF ISSUE

1. The Account Holder shall submit to EZ-Link a duly completed Application Form using electronic means or such other means approved by EZ-Link from time to time to apply for the EZ-Reload by Card Facility. Upon approval by EZ-Link, the ez-link card(s) nominated by the Account Holder will be enabled with the EZ-Reload by Card Facility. The Account Holder may nominate up to a maximum of seven (7) ez-link cards to be enabled with the EZ-Reload by Card Facility. EZ-Link shall not be obliged to approve any Application Form and shall not be obliged to furnish any reasons for any rejected Application Form.

2. In consideration of provision of the EZ-Reload by Card Facility by EZ-Link, the Account Holder hereby agrees:

   1. that the Terms and Conditions shall be binding on the Account Holder in respect of all matters in relation to the use of the EZ-Reload by Card Enabled ez-link card;

   2. that the Account Holder shall ensure that EZ-Reload by Card Enabled ez-link card(s) shall only be used by persons authorised by the Account Holder;

   3. that EZ-Link shall be entitled to obtain and hold a pre-authorisation (“Pre-authorisation”) equivalent to the Revaluation Amount and Convenience Fee from the Card Issuer and will be held by EZ-Link for a period of 7 calendar days to be applied towards any pending Revaluation when the Stored Value of the EZ-Reload by Card Enabled ez-link card reaches a value of S$20.00 or less. The Account Holder acknowledges that the Pre-authorisation will not be available for use from the Account until either the Pre-authorisation is applied towards the Revaluation or where EZ-Link releases the Pre-authorisation back to the Card Issuer if no Revaluation occurs within the 7 calendar days. The Account Holder acknowledges that notwithstanding that EZ-Link has released the Pre-authorisation, the amount will only be available for the Account Holder’s use after the Card Issuer has effected the release of the amount into the Account;

   4. that EZ-Link shall be entitled to inform the Card Issuer of the successful Revaluation and that the Card Issuer shall be entitled to charge the Account pursuant to the use of the EZ-Reload by Card Facility;

   5. that EZ-Link shall be entitled to inform the Card Issuer to credit the Account with any monies that may be due from EZ-Link to the Account Holder in respect of refund of monies by EZ-Link to the Account Holder pursuant to these Terms and Conditions or otherwise;

   6. that EZ-Link shall be entitled to deduct a Convenience Fee from the Account for each Revaluation;

   7. that EZ-Link shall be entitled to deduct from the Account any monies owing to EZ-Link in respect of any Revaluations done on ez-link cards nominated by the Account Holder; and

   8. that EZ-Link shall be entitled to blacklist or otherwise invalidate any EZ-Reload by Card Enabled ez-link card where the Account Holder is in breach of these Terms and Conditions. This shall include but not limited to EZ-Link blacklisting and terminating the ez-link card.

3. Notwithstanding anything to the contrary herein contained, the Account Holder agrees that a minimum period of 24 hours must elapse between each Revaluation for each EZ-Reload by Card Enabled ez-link card. EZ-Link shall not be obliged to revalue the EZ-Reload by Card Enabled ez-link card with another Revaluation Amount until after the Account has been successfully debited for any previous Revaluation Amounts.