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B. as provided in paragraph 11.03 of the General Conditions estimated quantities are not
guaranteed, and determinations of actual quantities and classification are to be made by ENGINEER as provided
in paragraph 9.08 of the General Conditions. Unit prices have been computed as provided in paragraph 11.03
of the General Conditions.

ARTICLE 6 - PAYMENT PROCEDURES
6.01 Submittal and Processing of Payments

A. CONTRACTOR shall submit Applications for Payment in accordance with Article 14 of the General
Conditions. Applications for Payment will be processed by ENGINEER as provided in the General

Conditions.
B. Application for Payment performed under this agreement shall be submitted as follows:
> Electronically via email to VendorAPInvoices@NashuaNH.gov

OR
> Paper Copies via US Mail to:
City of Nashua, City Hall
Accounts Payable
229 Main Street
Nashua, NH 03060

Please do not submit invoices both electronically and paper copy.

In addition, and to facilitate the proper and timely payment of applications, the OWNER requires that
all submitted invoices contain a valid PURCHASE ORDER NUMBER.

6.02 Progress Payments; Retainage

A. Progress Payments. The OWNER will once each month make a progress payment to the
CONTRACTOR on the basis of an estimate of the total amount of work done to the time of the estimate and its
value as prepared by the CONTRACTOR and approved by the ENGINEER. All such payments will be measured
by the schedule of values established in paragraph 2.07.A of the General Conditions (and in the case of Unit
Price Work based on the number of units completed) or, in the event there is no schedule of values, as provided
in the General Requirements.

B. Retainage. The OWNER will retain a portion of the progress payment, each month, in
accordance with the following procedures:

1. The OWNER will establish an escrow account in the bank of the OWNER’S choosing. The
account will be established such that interest on the principal will be paid to the
CONTRACTOR. The principal will be the accumulated retainage paid into the account by
the OWNER. The principal will be held by the bank, available only to the OWNER, until
termination of the contract.

AG-3of7

Apple Pay — partnerships drive innovation

o PayByPhone is the first mobile parking solution to offer Apple Pay (June 2016)

o PayByPhone was chosen by Apple as 1 of only 47 launch partners for the Apple Watch,
clearly demonstrating our brand strength as a technology innovator.

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PayByPhone’s
Summer Sweepstakes”

Win a month of FREE Parking with
PayByPhone and enjoy worry free parking

To celebrate the start of Summer and the launch of our new app,
PayByPhone is partnering with Apple to provide an Apple Pay
Exclusive Offer. Each week starting from June 27 - September 1, use
Apple Pay to complete your PayByPhone parking session and you
could win a month of free parking.

The more you pay with Apple Pay when you use the PayByPhone
app, the more chances you get to win! Each time you start a new
parking session you get an additional entry — up to 5 entries per day.

We'll be announcing two new winners each week!

This limited time offer will be available within the United States at all
PayByPhone locations and where ever Apple Pay is accepted.

Download the app today by going to the Apple App Store.

For full details of our summer sweepstakes please visit our official
cules page.

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Incentive Driven Awareness Campaigns

Using engaging competitions, incentive driven campaigns keep the conversation alive as
consumers share news of their prizes

Win free parking!
Get the app today.

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@ AppStore * Google Play

start parking and be automatically
entered to win a month of free parking!

www.paybyphone.com/miami

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World-class top to bottom

24/7 / 365 Telephone Customer Support

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Multiple Consumer Channels
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iOS+Android | Mobile Web | | Web ] IVR | | SMS
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Location Profile Payment Dynamic Messaging Reporting Rates &
Management — Parking Processing — Labeling Restriction EV Charging
Policies

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Enforcement 3" Party API Dashboard & | [ 3” Party

Partner Infegration Integration Analytics Warehousing Data

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Easy to Use Dashboards

Monitor key metrics and performance indicators with cur dashboard

The Power of Data

Visualizing your data MEANS YOU Stay tem senase ens om

informed and can respond quickly

Industry Standard

We use industry standard tools like
GoodData to deliver the best solution

Integrated Solution

The PBP dashboard is secure, easy
to use and powerful

Communication

Easily export key metrics and KPIs to
use in reports and presentations

Strictly confidential. Not for distribution

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Cost Per Hour

Time at Meter (min)
Meter Fee

Merchant Fee/Transact
Merchant Fee/Percent
Service Fee

Total Fee

Indicates input Cell

Scenario One
One

$1.00

90

$1.50

$0.20

0.000%

$0.12

$1.82

Scenario Two
One

$1.00

15

$0.25

$0.20

0.000%

$0.12

$0.57

Scenario Three
Two

$0.75

120

$1.50

$0.20

0.000%

$0.12

$1.82

Scenario Four
Two
$0.75
15
$0.19
$0.20
0.000%

$0.12
$0.51

Scenario Five
Three

$0.50

480

$4.00

$0.20

0.000%

$0.12

$4.32

Scenario Six
Three

$0.50

15

$0.13

$0.20

0.000%

$0.12

$0.45

Strictly confidential. Not for distribution

- What is Profile Based Parking, besides being an industry-first?
- Varying the parking experience according to user identity
- Parking experience changes can include:

e Access to a location — access to permit only zones, temporary access
privileges, type of parking space (disabled, construction)

e Rates — could include free parking periods, reduced / resident rates

e Restrictions — Max Stay may be different, could include extensions to
current limitations

¢ Eligibility Selection — a range of options to users based on their
eligibility (or permit) — resident, government worker, healthcare provider

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- Drivers: Wholly-owned by the largest automaker in the world, giving us
access to more drivers than any other parking company

- Capital: No other company comes close to our Financial Resources for
investment, growth and innovation

- Innovation: Continuing a history of delivering the highest value

- Marketing: Highest utilization rates in the industry — in every category

- Experience: We have successfully launched the largest and most complex
mobile payment projects in the world

- Focus: Customer Service is KEY - we think like the customer!

Strictly confidential. Not for distribution

We look forward to continuing the conversation

“Ar Mienry Parking Authority. we virive to deliver the best parking experience

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Srthur Noega, CO, wham Parsing Authority

Barrie Arnold
Chief Commercial Officer
PayByPhone Technologies, Inc.
Celi: 732 322 6714
Email: barnold@paybyphone.com

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