Required for: Settlement Bank applicants only.

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  CCPE Settlement Bank Agreement
  *** PLACEHOLDER — FINAL DOCUMENT PENDING ***
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1. APPOINTMENT
   The Exchange appoints the Settlement Bank to hold commercial-paper settlement cash on behalf of
   the Exchange and its participants, and the Settlement Bank agrees to act in that capacity.

2. OMNIBUS ACCOUNT
   The Settlement Bank shall open and maintain a CCPE omnibus account in which participant
   settlement cash is held. The Exchange's records are the authoritative record of each
   participant's cash within the omnibus account.

3. CONNECTIVITY
   The Settlement Bank shall connect to the Exchange over the agreed messaging channel (FIX or
   otherwise) to receive and confirm deposits, withdrawals, and transfers.

4. OPERATIONS
   The Settlement Bank shall process settlement instructions promptly and shall reconcile balances
   with the Exchange on the agreed schedule.

This agreement is acknowledged electronically within the CCPE onboarding portal by the applicant's
authorized representative. The typed name, together with the recorded date and time, constitutes
the applicant's electronic acknowledgement.

(This is placeholder text describing the intended scope only. The final, authoritative Settlement
Bank Agreement will replace this document.)