AUTHORIZATION AGREEMENT FOR AUTOMATIC DEPOSIT (ACH CREDITS)

I acknowledge that origination of ACH transactions to my account must comply with provisions of U.S. laws. Wasatch Electric will provide you with electronic access (my-estub.com) to a Direct Deposit Payroll Voucher which will show the amounts deposited to your checking/savings account(s). The Transfer of Funds will be sent to Bank One on Tuesday following the Sunday week ending date. The deposit to your bank is scheduled to occur 48 hours later or Thursday unless a holiday falls on Tuesday or Thursday in which the deposit will be delayed by one day.

In electing to receive your earnings by Direct Deposit you agree to these terms and conditions:

1) Any issues you have with your deposit will be between you and your bank to resolve, Wasatch Electric will not negotiate on behalf of you or the bank.

2) Your Direct Deposit Payroll Voucher will be mailed to your home address on file.

3) To set up or to discontinue your Direct Deposit the forms to do so must be received by Thursday to be activated for the next payroll with the week ending on Sunday. There will be a pre note that will be transmitted to your bank for the first two weeks after submitting your authorization agreement allowing your account information to be verified by your bank. During this time you will continue receiving your payroll check with your normal distribution. On the third week the Direct Deposit will take effect and your money will be deposited in your bank and your voucher will be mailed to your address on file.

4) Any bank or account changes must have a new form sent to Wasatch Electric by Thursday at which time a new pre note will be set up and transferred to your bank for approval starting next pay ending date. You will receive a regular payroll check for two weeks while the pre note tests your account.

5) Any corrections needing to be made to your check will be made on the next payroll processed and will go through the Direct Deposit. If it is not possible to wait for the next payroll to be processed, a manual check can be made and picked up at office but will not be sent through the Direct Deposit process.

** AUTOMATICALLY DEPOSIT MY PAYCHECK TO MY ACCOUNT **