Give me 'Section 1. General.' for this agreement: Execution Copy
SPONSORSHIP AGREEMENT
dated January 29, 2007
between
FIRST DATA MERCHANT SERVICES CORPORATION,
WELLS FARGO BANK, N.A.
and
iPAYMENT, INC.
SPONSORSHIP AGREEMENT
This Sponsorship Agreement (this "Agreement") dated as of January 29, 2007 (the "Effective Date") is by and between iPayment, Inc. ("ISO"), First Data Merchant Services Corporation ("FDMS"), and Wells Fargo Bank, N.A. ("Bank"). Under this Agreement, FDMS and Bank will collectively be referred to as "SERVICERS."