Claims Assignment Agreement

This Claims Assignment Agreement (the "Agreement") is hereby entered into as of ___________________("Effective Date") by and among, Nexus Collective, Inc, an Wyoming corporation with its headquarters in Sheridan, Wyoming ("NCI"), on the one hand, and ______________________________(“Customer”), on the other hand.
Recitals
WHEREAS, Customer, is the record or beneficial owner of a class action claim in the matter of In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation, MDL 1720 (MKB) (JO), (“Claim”); and
WHEREAS Customer desires to sell, assign, convey and otherwise fully transfer to NCI all their right, title, and interest in the Claim, and NCI desires to acquire such Claim, all as set forth below.
NOW THEREFORE, in consideration of the mutual promises and covenants set forth herein, along with other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows:
Agreement
The Recitals above are hereby incorporated into and made part of this Agreement.
Customer hereby sells, conveys, transfers, assigns, and pledges to NCI all their right, title, and interest in and to the Claim. In addition, Customer agrees to provide access, upon prior notification, to all data, information and records relating to or comprising the Claim, such data, information and account records to include but not be limited to documents on paper and those stored in electronic or machine readable form.
Without limiting the generality of the foregoing paragraph, Customer hereby confers upon NCI the authority to take all actions and exercise all authority, in the context of a holder of any of the Claim.
NCI will pay to Customer a final payment figure which will be calculated by taking the verified “Interchange Fees” paid from the official Visa/MC data portal and/or mailer and multiplying that number by _________% for the final amount due to Customer.


Customer represents and warrants that they have not previously conveyed to any other person or entity any of the Claim or any interest in or to any of the Claim.


Customer further represents and warrants that, to the best of their knowledge,
the information that Customer has provided to NCI or will provide to NCI as set forth above regarding the Claim is accurate, complete, and current in all respects on the date such information is furnished;
Customer has not purposely and knowingly compromised, released, waived, or relinquished in any way, including but not limited to any agreement or course of conduct, any of the Claim;
none of the Claim is subject to any lien, judgment, order, or security interest;
Customer has all necessary authority to enter into this Agreement, and as may be required by law or under any agreement, including but not limited to any agreement with investors or organizational document.

Customer will promptly and timely take all such further actions as may reasonably be requested by NCI to fully effectuate the aims and subject matter of this agreement, including without limitation (1) furnishing to NCI relevant information to perfect the Claim, and (2) executing such further documents as may be called for relating to the Claim. Customer will not destroy any information to support the Claim and upon NCI's request, Customer will give NCI a reasonable opportunity to retrieve, copy and obtain any information to support the Claim, without liability or recourse.


Any notice called for by this Agreement will be transmitted by email or overnight courier, directed as follows:
If to Nexus Collective, Inc:
Nexus Collective, Inc
30 N Gould
Sheridan, WY 82801
Attention: Joe Puglise
Email: info@processingsettlement.org
If to Customer:
Name: < Company Name >
Street Address: < Company Address >
City, State, Zipcode: < Company City, State Zip
Attention: < Signer Name >
Email: < Signer Email >

Customer agrees to indemnify, defend, and hold NCI harmless from and against any loss, damages, claim, obligation, or cause of action arising from any breach of this Agreement by Customer.


NCI agrees to indemnify, defend, and hold Customer harmless from and against any loss, damages, claim, obligation, or cause of action arising from any breach of this Agreement by NCI.


This Agreement will be interpreted and construed according to the substantive law of the state of Illinois without regard to the conflict of laws or renvoi provisions thereof.


Any dispute arising under this agreement must be brought in a court of competent jurisdiction located in Illinois and proper venue should be any Federal or State Court located in Chicago, Illinois.


This Agreement may be executed in counterparts and delivered by electronic means. When such counterparts are fully assembled, they may act as original agreements for all purposes.



WHEREFORE, the parties enter into this Agreement as of the date first written above.
Nexus Collective, Inc
Customer: < Company Name >
By: < Joe Puglise or Rob Sig >
Its: < Director >
By: < Signature > .
Its: < Title >

Tax Identification Number(s): < TIN/EIN >

* Claim forms are being delivered and are available online beginning December 1, 2023. Class members need not sign up for a third-party service in order to participate in any monetary relief. No-cost assistance is available from the Class Administrator and Class Counsel during the claims-filing period. See more information at the Court-approved website: www.paymentcardsettlement.com.