Merchant Agreement

Effective: May 20, 2025

By using any services, software, or hardware provided by Sapphire Payment Solution (“Sapphire”), or by signing an Order Form or Master Services Agreement that references this Merchant Agreement, you (“Merchant”) agree to comply with all applicable terms and conditions. This includes the Sapphire Merchant Agreement, any Order Forms, the Master Services Agreement (if applicable), Payment Processing Terms, Privacy Policy, End User License Agreement, Data Processing Addendum, and other relevant policies (collectively, the “Additional Terms”). If you accept this Agreement on behalf of a Merchant, you confirm that you are authorized to do so. If you lack such authority or do not agree to these terms, you must not use any Sapphire services.

This Agreement includes a binding arbitration clause. Except in limited cases, you agree to resolve any disputes with Sapphire through final and binding arbitration, not in court. You may only bring claims against Sapphire in your individual capacity, not as part of a class or collective action. Relief (monetary, injunctive, or declaratory) may only be sought on an individual basis. References to Sapphire may include its bank partners or payment processors where applicable.

1. Scope

This Agreement governs the Merchant’s access to and use of the Services, Hardware, and Professional Services provided by Sapphire Payment Solution as outlined in the applicable Order. These Services may include, but are not limited to: (a) mobile and web applications enabling the Merchant’s staff and customers to place orders and process payments; (b) payment processing and the transfer of net sales proceeds to the Merchant’s designated bank account; (c) sales and activity reporting tools; and (d) support in managing customer inquiries related to payments or order placement—all under the Merchant’s Sapphire account.

2. Right to Use the Services

Subject to the Merchant’s continued compliance with this Agreement, Sapphire Payment Solution grants the Merchant a limited, non-exclusive, non-transferable, non-sub-licensable, and revocable license to allow its employees to access and use the Services solely for the Merchant’s internal business operations during the term of this Agreement.

The Services are provided under license—not sold—and the Merchant acknowledges that no ownership or rights beyond the scope and duration defined in this Agreement are being transferred. This license does not permit the Merchant or any third party to copy, modify, enhance, transfer, or disclose the Services or any confidential information or intellectual property of Sapphire to others.

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3. Implementation and Professional Services

If you purchase Professional Services, you must promptly give Sapphire Payment Solution ("SPS") the information, resources, and cooperation needed for setup and training.

All dates we provide are estimates that depend on your timely help. SPS is not liable for delays caused by your inaction and may end the agreement with five (5) days’ written notice if those delays create a breach.

4. Usage Restrictions

4.1 Prohibited Activities

4.2 Merchant Representations

4.3 Use Limited to Your Own Business

4.4 Onboarding and Approval

4.5 Information Requests and Inspections

4.6 Serv4ice Maintenance

4.7 Approved Devices and Connectivity

4.8 Customer Communications

4.9 Community Guidelines

4.10 Software Licenses for Hardware

5. Ownership of Data and Intellectual Property

5.1 Intellectual Property

5.2 Merchant Data License

5.3 Customer Data Responsibilities

5.4 Anonymized and Aggregated Data

5.5 Marketing Use of Merchant Marks

5.6 Compliance with Network Brand Use

6. Billing and Payment

6.1 General Payment Terms

6.2 Fee Adjustments and Notifications

6.3 Invoices and Late Fees

6.4 Taxes

6.5 Tax Reporting Obligations

6.6 Financing Conditions

6.7 Pay-as-You-Go Terms

6.8 Authorized Payment Methods

7. Payment Processing

7.1 Reference to Payment Terms

8. Term and Termination; Suspension; Survival

8.1 Agreement Term and Renewal

8.2 Suspension or Termination by SPS

8.3 Termination for Material Breach

8.4 Early Termination Fee

8.5 Post-Termination Obligations and Data Access

9. Representations; Disclaimer of Warranties

9.1 Authority and Accuracy

9.2 Limited Warranty

9.3 Warranty Limitations and Third-Party Products

9.4 General Disclaimer

10. Limitation of Liability

10.1 Exclusion of Damages

10.2 Liability Cap

11. Indemnification

11.1 Merchant Responsibility

12. Confidential Information

12.1 Confidentiality Obligations

12.2 Permitted Disclosures

13. Data Privacy & Security

13.1 Data Processing Addendum

13.2 SPS as Processor

13.3 Security Controls

13.4 Security Incident Response

13.5 Right to Audit

14. Notices

14.1 Notices to Merchant

14.2 Notices to SPS

15. Force Majeure

Neither party will be liable for delays or failures in performance caused by events beyond their control such as natural disasters, war, terrorism, pandemics, or internet outages. Obligations resume once the event ends.

16. General Provisions

16.1 Governing Law and Jurisdiction

16.2 Dispute Resolution and Arbitration

16.3 Class Action Waiver

16.4 Pre-Arbitration Process

16.5 No Waiver

16.6 Entire Agreement

16.7 Assignment Restrictions

16.8 Electronic Signatures and Records

16.9 Representative Liability

17. Definitions

Agreement

Applicable Data Protection Laws

Applicable Law and Rules

Card(s)

Chargeback

Community Philosophy

Confidential Information

Customer

Customer Data

Effective Date

Employees

End‑User License Agreement (EULA)

Feedback

Fees

Go‑Live Date

Hardware

Location(s)

Intellectual Property Rights

Marketplace Facilitator Jurisdiction

Merchant

Merchant Data

Merchant Marks

Merchant’s Bank Account

Net Sales Proceeds

Operating Regulations

Order (Order Form)

Pay‑as‑You‑Go Subscription

Payment Network

Payment Processing Terms

Payments

Personal Information

Privacy Statement

Processing / Processor

Professional Services

Representatives

Required Tax Reporting

Reserve (Reserve Account)

Security Incident

Services

Software

Specifications

Taxes

Toast Account (SPS Account)

Toast Apps (SPS Apps)