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PAIDCASH LOAN AGREEMENT Mail To: Paidcash, Inc. 235-92 Caplan Ave., Barrie, ON L4N 0Z7 www.paidcash.com This Short Term Loan (payday) is between PAIDCASH (the "Company") and: Name: Address: Phone Number: Email Address: Date: Paidcash Inc. is a licenced payday loan lender in the province of Ontario. Our Licence number is 4719245. The expiry date is January 11, 2011 Details of Short Term (payday) Loan Agreement Amount Borrowed Term of Agreement in Days Total Cost of Borrowing Maximum Allowable Cost per $100 Borrowed Cost Per $100 Borrowed Total Amount Due under the Agreement Payment Due Date Borrower's Signature   This Short Term (payday) loan Agreement is in compliance with the Payday Loans Act, 2008. For full information on the Payday Loans Act, 2008 including the Ontario Payday Lending Education Fund, visit the Consumer Protection Branch website at http://www.sbe.gov.on.ca or to contact by regular mail: Registrar, Payday Loans Act, 2008 Consumer Protection Branch 5775 Yonge Street, Suite 1500, Toronto, ON M7A 2E5 Consumer Protection Branch Tel: 416-326-8800 / Toll Free: 1-800-889-9768 Consumer Protection Branch Fax: 416-326-8665 / Email: consumer@ontario.ca 1. In this Agreement "Lender" means the Company and/or its designated agents, affiliates and assigns that provides funds to you in accordance of the terms and conditions of this Agreement. "Borrower" means the person receiving a loan advanced by the Lender. 2. The benefit of this Agreement shall transfer to the successors and assigns of the parties. 3. This Agreement will be DEEMED TO HAVE TAKEN PLACE IN THE ONTARIO OFFICE OF THE LENDER regardless of where the Borrower may reside, view or access this Agreement. This AGREEMENT SHALL BE GOVERNED EXCLUSIVELY IN ACCORDANCE WITH THE LAWS OF THE PROVINCE OF ONTARIO. 4. Pursuant to the Personal Pre-Authorized Debit Agreement (the "PAD Agreement") submitted together with this Agreement and the loan application, the Borrower authorizes the Lender to debit the Borrower's bank account for the total amount due on the payment due date. If the Lender is unable to debit the Borrower's bank account for the total amount due on the payment due date, the Borrower authorizes the Lender to debit the Borrower's bank account for the total amount due after the payment due date in accordance with the terms of the PAD Agreement. If the Borrower intends to withdraw his or her authorization under the PAD Agreement, the Borrower must advise the Lender in advance as to the intended method of repaying the loan. 5. IF THE BORROWER FAILS TO PAY THE TOTAL AMOUNT DUE ON THE PAYMENT DUE DATE, THE BORROWER MAY BE CHARGED INTEREST, INCLUDING PRE AND POST JUDGMENT INTEREST, ON THE TOTAL AMOUNT DUE AND ON ANY OTHER AMOUNTS OWING UNDER THIS AGREEMENT AT A RATE OF UP TO 59% PER YEAR from the payment due date to the date payment is received for such amounts. The Borrower agrees to pay the Lender a REASONABLE NSF (NON SUFFICIENT FUNDS) CHARGE. The NSF fee charged is calculated by taking the average NSF fee charged by the 5 major Canadian banks to its customers. THE NSF FEE CURRENTLY CHARGED BY THE LENDER IS $41.50. Fees may also be charged to the Borrower by the Borrower's financial institution in the event a payment cannot be processed. The Borrower also agrees that the Lender may recover reasonable charges in respect of legal costs that may incur in collecting or attempting to collect a required payment by the Borrower under this Agreement. In the event of default, the Borrower consents that the Lender may contact the Borrower's employer or place of employment in attempt to collect the outstanding amount owing to the Lender. 6. The Borrower consents that information given by the Borrower and used by the Lender in the issuing of this loan may be retained on-file with the Lender. The Borrower further accepts this as prior written notice of the Lender obtaining a credit report or other credit and financial-related information relating to the Borrower from time to time. The Lender may report information about the Borrower's account to credit bureaus, and late payments, missed payments, or other defaults on the Borrower's account may be reflected in their credit report. 7. The Lender may share or sell the Borrower's personal information with any affiliate companies of the Lender or any non affiliate companies the Lender does business with as permitted by law. These companies may include, but are not limited to, banks, mortgage companies, lenders, loan brokers, collections agencies, consumer reporting agencies, insurance agencies and other insurance providers, bill payment agencies, pawn providers, financing providers, automobile dealers, tax preparers, payroll service providers, advertisers, marketing companies, lead generators, trade associations, industry analysts or agents, contractors, or representatives of any of these entities. 8. The Borrower has the right to obtain an additional copy of this loan Agreement from the Lender by requesting it at any time before the end of one year from the end of the term of this Agreement. 9. The Borrower agrees to accept electronic signatures, electronic records and electronic disclosures in connection with this payday loan transaction. By entering into this loan Agreement, the Borrower acknowledges that he or she has electronically signed this loan Agreement. Upon email notification to the Borrower by the Lender, the parties agree that this will constitute a binding Agreement between the Borrower and the Lender, therefore the loan Agreement is considered an eDocument. ATTENTION: This payday loan is intended to address short-term financial needs. THE COST OF BORROWING FOR THIS LOAN MAY BE SIGNIFICANTLY HIGHER THAN CREDIT OFFERED BY OTHER LENDERS. REFUNDS UNDER THE PAYDAY LOANS ACT, 2008 Under certain circumstances, you may demand a REFUND OF A PAYMENT YOU MADE under a payday loan Agreement WITHIN ONE YEAR OF HAVING MADE THAT PAYMENT. Either the licensee has received a payment to which it is not entitled or the licensee has engaged in prohibited conduct of such a serious nature that you are entitled to a refund of the cost of borrowing that you paid. To obtain a refund, you must have a notice demanding it to the business that you dealt with to get your payday loan. Your notice must set out your demand for the refund and the reason for it, as well as your name and telephone number. Note that THE BUSINESS HAS TWO (2) BUSINESS DAYS WITHIN WHICH TO PROVIDE THE REFUND TO YOU. YOU CAN CHOOSE TO COLLECT YOUR REFUND IN PERSON OR HAVE IT MAILED TO YOU. Please contact the Consumer Protection Branch of the Ministry of Small Business and Consumer Services for more information on when you may be entitled to a refund and how to make your demand for a refund. You may contact the Consumer Protection Branch toll free at 1-800-889-9768. YOUR CANCELLATION RIGHTS UNDER THE PAYDAY LOANS ACT, 2008 If you are provided with the loan and a copy of this Agreement that complies with the Act when you enter into the Agreement, you may cancel the Agreement within two (2) business days of entering into it. For remote payday loan Agreements*, you may cancel the Agreement within two (2) business days of entering into the Agreement and you are provided with a copy of this Agreement that complies with the Act when you enter into the Agreement. You do not have to give a reason for cancelling the Agreement. If you are not provided with the loan or with a copy of this Agreement that complies with the Act when you enter into the Agreement, you may cancel the Agreement at any time. For remote payday loan Agreements, you may cancel the Agreement at any time if you are not provided with the loan within one hour of entering into the Agreement or if you are not provided with a copy of this Agreement that complies with the Act when you enter into the Agreement. You do not have to give a reason for cancelling the Agreement. To cancel the Agreement, you must provide your notice of cancellation, together with the amount you borrowed, to the business you dealt with to get your loan. If you have made any payments under the loan, the Lender must return those payments to you at the earliest reasonable opportunity. *A remote Short Term (payday) loan Agreement is one in which the Borrower is not present with the Lender or the Loan Broker when the payday loan Agreement is made (e.g. a loan made over the internet or by phone).

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