IMPORTANT: THIS IS A SALE OF FUTURE BUSINESS RECEIVABLES — NOT A LOAN. READ EVERY SECTION CAREFULLY. INITIAL EACH SECTION. SIGN THE FINAL PAGE.

30 N Gould St Ste R, Sheridan, WY 82801  |  getslsfunding@gmail.com  |  1-888-451-9120  |  Registered in the State of Wyoming

1.1 The Parties

Purchaser: SLS Capital Holdings LLC, a limited liability company organized and existing under the laws of the State of Wyoming, doing business as SLS Funding (“SLS Funding” or “Purchaser”), with its principal place of business at 30 N Gould St Ste R, Sheridan, WY 82801.

Seller: The individual or entity named on the cover page of this Agreement (“Seller” or “Merchant”), engaged in a qualifying business activity as a self-employed individual, independent contractor, gig economy worker, or small business owner.

Guarantor: The individual executing the Personal Guaranty in Section 3 of this Agreement, who may be the same person as Seller.

1.2 Key Definitions

2.1 Nature of Transaction

This Agreement constitutes a purchase and sale of future business receivables and is NOT a loan, extension of credit, line of credit, or any form of consumer or commercial lending. The Purchased Receivable represents a sold and assigned portion of Seller’s anticipated future business income. No fixed repayment schedule exists. Seller is not guaranteed recovery of the Purchase Price if no Qualifying Deposits are received.

2.2 Funding Tiers

All new customers begin at the Starter Tier. Tier progression is based on successful completion of prior transactions:

Management of SLS Funding reserves the right to approve exceptions to the above tier structure based on individual underwriting review, at its sole and absolute discretion.

2.3 Assignment of Receivables

Upon execution of this Agreement and disbursement of the Purchase Price, Seller hereby sells, assigns, and transfers to Purchaser an undivided interest in Seller’s future business receivables equal to the Purchased Receivable amount stated on the cover page. This assignment is absolute, irrevocable, and unconditional as of the funding date.

2.4 Qualifying Deposits — Platform and Processor Coverage

Qualifying Deposits include, without limitation:

Seller represents and warrants that a Qualifying Deposit is reasonably expected within seven (7) days of the funding date.

2.5 Business Purpose Representation

Seller expressly represents and warrants that the Purchase Price will be used solely for lawful business purposes. This Agreement is entered into solely in connection with Seller’s business activities. No portion of the Purchase Price shall be used for personal, family, or household purposes. This representation is a material inducement to Purchaser’s agreement to fund.

2.6 Underwriting and Eligibility

To qualify for funding, Seller must satisfy all of the following at the time of application:

SLS Funding reserves the right to approve or deny any application in its sole and absolute discretion.

2.7 Prepayment and Tier Progression

Seller may satisfy the full Purchased Receivable at any time without penalty. Early satisfaction does not reduce the Purchased Receivable amount owed. Upon full satisfaction, Seller may immediately reapply. Tier progression: Starter → Preferred → VIP, each upon successful completion of the prior tier transaction.

2.8 Reconciliation

Seller may request reconciliation of the collection schedule if Seller experiences a material, documented decline in business receivables. Requests must be submitted in writing with supporting documentation. SLS Funding retains sole discretion to approve, deny, or modify any reconciliation request. A reconciliation request does not suspend Seller’s obligation to satisfy the Purchased Receivable.

2.9 Security Interest and UCC Authorization

To secure Seller’s obligations under this Agreement, Seller hereby grants to SLS Capital Holdings LLC dba SLS Funding a security interest in the following collateral:

2.9(a) UCC-1 Filing Authorization

Seller hereby authorizes SLS Funding, at its sole discretion and without further notice to Seller, to file a UCC-1 Financing Statement, and any amendments or continuations thereof, in any jurisdiction deemed appropriate by SLS Funding, to perfect or protect the security interest granted herein. Seller agrees to cooperate with SLS Funding and to execute any additional documents reasonably requested to perfect such security interest.

2.9(b) Filing Discretion — No Obligation to File

SLS Funding is under no obligation to file a UCC-1 Financing Statement in connection with any individual transaction. The authorization granted in Section 2.9(a) is a precautionary measure and shall be exercisable at SLS Funding’s sole option. The absence of a filed UCC-1 shall not impair, waive, or limit SLS Funding’s rights under this Agreement or applicable law.

2.9(c) Seller Covenants Regarding Collateral

Seller shall not, without SLS Funding’s prior written consent: (a) sell, assign, transfer, or encumber the Collateral to any third party in a manner that impairs SLS Funding’s interest; (b) enter into any agreement that grants a conflicting security interest in the same receivables; or (c) take any action that would materially reduce the value of the Collateral or impair SLS Funding’s ability to collect the Purchased Receivable.

2.10 Representations and Warranties of Seller

Seller represents and warrants, as of the date of this Agreement and as of each funding date:

2.11 Covenants of Seller

During the term of this Agreement, Seller agrees to:

READ CAREFULLY: BY INITIALING AND SIGNING THIS SECTION, YOU ARE PERSONALLY LIABLE FOR THE OBLIGATIONS DESCRIBED BELOW.

3.1 Guaranty of Payment

In consideration of SLS Funding’s agreement to advance the Purchase Price to Seller, the individual executing this section as Guarantor hereby unconditionally and irrevocably guarantees to SLS Funding the full and prompt payment of all amounts owed under this Agreement in the event of any of the following:

3.2 Nature of Guaranty

This Guaranty is a guaranty of payment and not merely of collection. SLS Funding is not required to exhaust its remedies against Seller, or to proceed against any collateral, before enforcing this Guaranty against Guarantor. This Guaranty is independent of Seller’s obligations and shall remain in full force regardless of any defense Seller may assert.

3.3 Guarantor Waivers

Guarantor waives: (a) all defenses based on suretyship or impairment of collateral; (b) any right to require SLS Funding to proceed first against Seller; (c) notice of acceptance of this Guaranty; (d) presentment, demand, protest, and all other notices of any kind.

3.4 Survival

This Guaranty shall survive the termination or expiration of this Agreement and shall remain enforceable until all obligations of Seller have been fully satisfied.

THIS SECTION AUTHORIZES ELECTRONIC DEBITS FROM YOUR BANK ACCOUNT. READ CAREFULLY BEFORE INITIALING.

4.1 ACH Debit Authorization

By initialing this section, Seller authorizes SLS Capital Holdings LLC dba SLS Funding, and its designated ACH payment processor, to initiate electronic ACH debit entries to the bank account designated on the cover page of this Agreement (the “Designated Account”) for the purpose of collecting the Purchased Receivable and any applicable fees permitted under this Agreement.

4.2 Collection Timing and Objective

SLS Funding’s business objective is to collect the Purchased Receivable from Seller’s next Qualifying Deposit. Seller acknowledges that the exact timing of collection may vary based on actual deposit activity and available funds.

4.3 Authorization Scope

This ACH authorization covers:

4.4 Bank Account Representations

Seller represents and warrants that: (a) the Designated Account is owned and controlled by Seller; (b) Seller has full authority to authorize ACH transactions on the Designated Account; (c) Seller will not close, restrict, or transfer the Designated Account without at least three (3) business days’ prior written notice to SLS Funding; and (d) Seller will maintain sufficient funds to honor authorized ACH debits.

4.5 ACH Return Fee

In the event of a returned ACH transaction, Seller shall pay a one-time ACH return fee of $15.00, representing SLS Funding’s actual processing costs. There are no daily fees, recurring penalties, or compounding charges. Only one (1) return fee may be assessed per returned transaction.

4.6 Revocation

Seller may revoke this ACH authorization at any time by providing written notice to SLS Funding. Revocation of ACH authorization does not extinguish Seller’s obligation to satisfy the full Purchased Receivable. Revocation without full satisfaction constitutes a Default Event and may trigger the Debit Card Backup Authorization in Section 5.

THIS SECTION AUTHORIZES CHARGES TO YOUR DEBIT CARD AS A BACKUP COLLECTION METHOD. READ CAREFULLY.

5.1 Backup Card Charge Authorization

By initialing this section, Seller authorizes SLS Capital Holdings LLC dba SLS Funding to initiate a charge to the debit card designated on the cover page of this Agreement (the “Backup Card”) as a secondary collection method, in the event that: (a) an ACH debit to the Designated Account is returned, rejected, or fails for any reason; (b) Seller revokes the ACH authorization in Section 4 without fully satisfying the Purchased Receivable; or (c) the Designated Account is closed, frozen, or otherwise unavailable. Payment processing for Backup Card charges may be facilitated through Plaid, Inc.

5.2 Card Network Compliance

Seller acknowledges that Backup Card charges are subject to the rules and regulations of the applicable card network (Visa, Mastercard, or other), and to the policies of the card-issuing bank. SLS Funding will process Backup Card charges in compliance with applicable card network rules. Seller consents to SLS Funding storing the Backup Card credentials in a PCI-compliant manner through its payment processor.

5.3 Charge Amount and Timing

Any Backup Card charge will not exceed the outstanding balance of the Purchased Receivable at the time the charge is initiated, plus any applicable return fee permitted under Section 4.5. SLS Funding will notify Seller before initiating a Backup Card charge where reasonably practicable, but is not required to do so in order to exercise this authorization.

5.4 Debit Card Representations

Seller represents and warrants that: (a) the Backup Card is a valid, active debit card owned and controlled by Seller; (b) Seller has full authority to authorize charges to the Backup Card; (c) Seller will promptly notify SLS Funding of any change in the Backup Card number, expiration date, or status; and (d) Seller will not cancel, restrict, or report as lost or stolen the Backup Card for the purpose of avoiding collection.

5.5 Payment Processing Disclosure

Seller acknowledges that SLS Funding may utilize a PCI-DSS compliant third-party payment processor for Backup Card charges. SLS Funding does not store full card numbers internally; all card data is tokenized and stored securely in a PCI-DSS compliant environment.

5.6 Revocation

Seller may revoke this Backup Card authorization at any time by written notice to SLS Funding. Revocation does not extinguish the Purchased Receivable obligation and constitutes a Default Event if the Purchased Receivable has not been fully satisfied.

6.1 Consent to Electronic Transactions

By initialing this section, Seller and Guarantor each consent to conduct this entire transaction electronically, including the execution and delivery of this Agreement and all related documents, the receipt of all notices, disclosures, and communications, and the authorization of ACH and card payment transactions.

6.2 Legal Effect of Electronic Signatures

The parties agree that electronic signatures applied to this Agreement shall have the same legal force and effect as original handwritten ink signatures, pursuant to the Electronic Signatures in Global and National Commerce Act (E-SIGN Act, 15 U.S.C. § 7001 et seq.) and the Uniform Electronic Transactions Act (UETA), as enacted in the applicable state.

6.3 System Requirements

To access and retain electronic records of this Agreement, Seller must have access to: (a) a device capable of accessing the internet; (b) a current web browser or PDF reader; and (c) a valid email address for receiving electronic notices. Seller represents that these requirements are met.

6.4 Right to Paper Copy

Seller has the right to receive a paper copy of this Agreement and any associated disclosures at no charge by submitting a written request to SLS Funding at the contact information listed on the cover page. Seller may also withdraw this E-Sign consent at any time, though withdrawal may affect Seller’s ability to complete or maintain the funding transaction.

6.5 Plaid Identity Verification & Financial Connections Authorization

As part of this electronic transaction, Seller authorizes SLS Funding and its service providers to access Seller’s financial account information and identity documents through Plaid, Inc. Seller’s authorization covers: government-issued ID verification, selfie and liveness verification, bank account and ownership verification, deposit activity review, fraud detection, underwriting, and account monitoring during the term of this Agreement. Seller’s data is subject to Plaid's Privacy Policy available at plaid.com/legal/privacy-statement.

6.6 Record Retention

SLS Funding will retain electronic records of this Agreement and all associated authorizations in accordance with applicable law. Seller may request a copy of all executed documents at any time by contacting SLS Funding.

7.1 Prohibited Conduct — Fraud

The following conduct is strictly prohibited and constitutes fraud under this Agreement:

7.2 Events of Default

Each of the following constitutes a Default Event:

7.3 Remedies Upon Default or Fraud

Upon a Default Event or finding of fraud, SLS Funding may, in its sole discretion:

8.1 Information Collected

SLS Funding collects the following categories of information: name, date of birth, government-issued ID number; contact information; bank account and routing details; Plaid Bank Link account data; platform earnings and business activity data.

8.2 Use of Information

Information is used for: identity verification and fraud prevention; underwriting and funding decisions; ACH and debit card processing; account servicing and collections; Plaid-based account monitoring; legal and regulatory compliance; and improvement of SLS Funding’s products and services.

8.3 Third-Party Disclosures

SLS Funding may share information with: Plaid (identity verification, bank verification); identity and fraud detection vendors; legal counsel and collection partners as needed; and regulatory or law enforcement authorities as required by law. SLS Funding does not sell Seller’s personal information to third parties for marketing purposes.

8.4 Data Security

SLS Funding employs commercially reasonable security measures to protect Seller’s information. Card data is tokenized through PCI-DSS compliant processors. No security system is impenetrable and SLS Funding cannot guarantee absolute security.

9.1 Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of Wyoming, without regard to its conflicts of law principles.

The parties agree to resolve any dispute, claim, or controversy arising out of or relating to this Agreement through the following three-step process, in order:

Step 1 — Informal Resolution (Required First Step)

Before initiating any formal proceeding, the party asserting a dispute must provide written notice to the other party describing the nature of the dispute and the relief sought (“Dispute Notice”). The parties shall then attempt in good faith to resolve the dispute through direct communication within thirty (30) calendar days of the Dispute Notice. Notice to SLS Funding shall be sent to: 30 N Gould St Ste R, Sheridan, WY 82801 / getslsfunding@gmail.com. This step is mandatory and a condition precedent to any formal proceeding.

Step 2 — Small Claims Court (Optional Exception)

If the dispute is not resolved through informal resolution and the amount in controversy falls within the jurisdictional limit of the Small Claims Court of Sheridan County, Wyoming (currently $6,000 or as adjusted by applicable law), either party may elect to bring the claim in small claims court in lieu of arbitration. This small claims exception applies only to individual claims and may not be used to bring class, collective, or representative claims.

Step 3 — Binding Arbitration (For All Other Disputes)

If the dispute is not resolved through Steps 1 or 2, any remaining dispute shall be resolved by final and binding arbitration administered by the American Arbitration Association (AAA) under its then-current Commercial Arbitration Rules. Arbitration shall take place in Sheridan County, Wyoming, or by remote proceeding if agreed by the parties. The arbitrator’s award shall be final and binding and may be entered as a judgment in any court of competent jurisdiction.

The parties acknowledge that arbitration may involve costs including filing fees and arbitrator compensation. For claims under $10,000, SLS Funding agrees to pay the AAA filing fee on behalf of both parties if Seller cannot afford to pay, provided Seller submits a written request demonstrating financial hardship.

THIS PROVISION DOES NOT PRECLUDE EITHER PARTY FROM SEEKING EMERGENCY INJUNCTIVE RELIEF FROM A COURT OF COMPETENT JURISDICTION TO PREVENT IRREPARABLE HARM PENDING ARBITRATION.

9.2 Class Action and Jury Trial Waiver

SELLER AND GUARANTOR EXPRESSLY WAIVE ANY RIGHT TO BRING ANY CLAIM AS A CLASS ACTION, COLLECTIVE ACTION, OR REPRESENTATIVE PROCEEDING. ALL CLAIMS MUST BE BROUGHT IN AN INDIVIDUAL CAPACITY. SELLER AND GUARANTOR ALSO WAIVE ANY RIGHT TO A JURY TRIAL WITH RESPECT TO ANY DISPUTE ARISING UNDER THIS AGREEMENT.

9.3 Venue for Non-Arbitrated Matters

To the extent any dispute is not subject to arbitration or small claims court, the parties consent to exclusive jurisdiction and venue in the state and federal courts of Sheridan County, Wyoming.

10.1 Entire Agreement

This consolidated Agreement package constitutes the entire agreement between the parties with respect to its subject matter and supersedes all prior negotiations, representations, and understandings. All sections are integrated and shall be construed as a single instrument.

10.2 Amendment

This Agreement may not be amended or modified except by a written instrument signed by both parties.

10.3 Severability

If any provision of this Agreement is held invalid, illegal, or unenforceable, the remaining provisions remain in full force and effect.

10.4 Waiver

No failure or delay by SLS Funding in exercising any right shall operate as a waiver. Any waiver must be in writing to be effective.

10.5 Notices

All notices under this Agreement shall be in writing and delivered by email, first-class mail, or overnight courier. SLS Funding’s notice address is: 30 N Gould St Ste R, Sheridan, WY 82801, Email: getslsfunding@gmail.com.

10.6 Counterparts and Electronic Execution

This Agreement may be executed in one or more counterparts, including electronic counterparts, each of which shall constitute an original. Electronic signatures are binding pursuant to E-SIGN and UETA.

10.7 Headings

Section headings are for convenience only and shall not affect the interpretation of this Agreement.

BY SIGNING BELOW, ALL PARTIES CONFIRM THEY HAVE READ, UNDERSTAND, AND AGREE TO ALL SECTIONS OF THIS CONSOLIDATED MERCHANT FUNDING AGREEMENT PACKAGE, INCLUDING THE ARBITRATION PROVISION AND WAIVER OF JURY TRIAL IN SECTION 9.

SLS Capital Holdings LLC — DBA: SLS Funding • 30 N Gould St Ste R, Sheridan, WY 82801 • getslsfunding@gmail.com • 1-888-451-9120