From: Jared Isaacman
Sent: Friday, May 08, 2015 4:47 PM
To: Angelo Grecco; Bob Carr; Jonathan R Abolfotouh
Cc: Jeffrey Shanahan
Subject: RE: Connect - Updated Term Sheet - Very Confidential
All,

I wanted to share my current thinking at a high level as it seems we are close to reaching an agreement in principle. I will follow up with
responses to your comments shortly.

As you know, we always take a very conservative approach to acquisitions:
• We keep the teams lean. We don't believe in acquiring a lot of staff.
• Our purchase price calculations have always been driven more from a cost-to-build perspective than from a revenue multiple.
• We do not put a lot of value in contracts - especially where the pricing within the terms of the cont ract can change.
• We are on record and it is out in the public domain that we have considered companies like Merchant Link and their gateway services
replaceable in the $5-7M range from a cost-to-build perspective.

That said, the CardConnect gateway, customer base and IP is certainly worth more than a cost-to-build in the range I mentioned above. We
also, as you know, very much want CardConnect to clear its transactions through the MercuryPay network. You also have a lot of merchants
going through your gateway which we are prepared to get very aggressive on (and I will cover that in a Credit Facility later in this email). You
have an existing and very profitable book of business with First Data, are one of their largest distribution partners, and one of very few
using their latest technologies - like TransArmor. CardConnect has a talented and rather unique sales team. You have many next gen ISV
integrations that represent great reseller revenue opportunities in the near term. These all have a lot of value that will benefit Shift4 but are
hard to accurately factor into a typical valuation mod el which, on past deals, would be largely based on what CardConnect looked like
stand-alone.

So, in order to realize the mutual benefits to both Shift4 and CardConnect, I am approaching the valuation a bit different as you will see
below:
• Purchase Price:
o $45M (this is a slight increase from my last communication)
o Additional $7.5M in earn-outs based on performance achievements (this is a slight increase from my last communication)
o Total: $52.5M
• Structure
o Shift4 will acquire the following assets:
 The IP associated with the CardConnect gateway
 All customer and vendor contracts
• The existing vendor agreement between CardConnect and Shift4 will be terminated without penalty to CardConnect.
• The existing vendor agreement between CardConnect and Merchant Link will be renegotiated with comparable functionality
at the same rates as available to Shift4 under the new Merchant Link enterprise agreement.
• CardConnect will become a wholly owned subsidiary of Shift4 under the name "CardConnect, a Shift4 Company".
• The entity name change is intended to benefit sales/marketing initiatives.
o Excluded Assets
 Approximately ~ 20 integrations to CardConnect (and I can provide this list) that conflict with Shift4's core business will
be divested at the time of closing to a holding company owned in large part by the existing CardConnect shareholders.
This will give the shareholders an opportunity to put resources into developing the 20 ISV opportunities without conflict
to Shift4.
 The existing sales organization
 Cash, AR and AP will be retained by the existing CardConnect ownership.
o Employees:
 Essentially all of your technology and operations team will be asked to join CardConnect, a Shift4 Company.
• The technology team will be critical to supporting the CardConnect gateway as well as enhancing it with 4Go and other Shift4
technologies.
• The operations team will be needed to support and grow the gateway business.
 I will be making offers to your leadership team, such as Angelo and Jon, to run CardConnect, a Shift4 Company.
 Your sales leadership team has an option to join CardConnect, a Shift4 Company, and be eligible for incentives/bonuses
being extended to my inside sales team (which is very generous) or focus exclusively on supporting the ~20 integration
opportunities that are being divested to the holding company.
 A list of the employees that will be made offers is attached so you can see we are capturing nearly the organization
associated with the gateway.
• Credit Facility:
o Shift4 has a $100M credit facility to complete acquisitions, which will largely go unused as a result of this transaction structure,
as well as commit funds to initiatives that complement our core business.
o I want to carve out $10M to deliver to CardConnect, a Shift4 Company, for two purposes:
 $5M will be used to accelerate the new volume onboarding to the gateway to benefit from our "out of market" (meaning
non-M ercuryPay) processing economics, which you will see on Addendum A, increase more rapidly.
 $5M will be used to enable a more seamless migration of CardConnect merchants over time to the MercuryPay platform,
which we all believe has the potential for CardConnect sales to exceed 7,500 merchant accounts per year (our current
sales). At an average of 400 terminals per account, this results in 3M terminals (we estimate an account as 400 terminals
based on current distribution). We think your team, your technology, your experience, and with the help of the initiatives
mentioned throughout, will be able to exceed this number in 18 months.

My hope is that this shows the value of what CardConnect is bringing to Shift4 in our willingness to significantly exceed our last valuation
and deviate from our traditional deal structure which can be rather limiting.

I will follow up shortly.

Best Regards,

Jared
Jared Isaacman
Chief Executive Officer
Shift4 Corporation

From: jisaacman@shift4.com
To: agrecco@cardconnect.com
Date: 5/14/2015
Subject: Re: Card Connect

Angelo,

Yes. I committed to Jon and yourself that I would do everything possible to maintain the
confidentiality of this transaction. I meant it.

I also have zero interest in "pissing off" First Data. That is not consistent with the spirit of this
deal or our interests. I am a big fan of Frank B, Himanshu and Chris Brewster.

I am working on getting you the list of integrations we would need to divest.

I would also ask you make sure Jon is not sharing confidential information outside the "circle".
I have heard rumblings from a variety of sources.

I will get it done. You have my word. I am very excited to get this done and turn up
sales….big time.

Jared

September 4, 2018,11:15 AM
JARED ISAACMAN
Angelo Grecco

Angelo,

I am sorry to keep pressing this and I fully realize you are on vacation and I really
appreciate you always picking up.

I do think you and the Card Connect team need to start appreciating the environment we
are now in and its not sustainable.

We bought the assets and all on-going support and maintenance obligations of
CardConnect for less than $30M net of holdbacks.

Between then and now, we have not received much help (some incremental revenue)
growing non-First Data gateway volume ... so all revenue/EBITDA upside we hoped would
emerge from this deal that would make it a big win has been delayed by a magnitude of
years. This is very problematic.

That said, we have still invested well over $30M into your new platform, supporting all of
your customers (and honoring your obligations to them) and taking many cost savings out
of the combined business to offset the losses you were running.

I have heard many complaints from my team on a variety of issues but I have defended
CardConnect and reminded them we entered into a deal and have to see it through.

I have become alarmed that the same sense of commitment does not exist at Card Connect.
We hear things from customers and partners. Our team is telling me they are hearing things.
There is a lack of urgency. We are operating like it is business as usual. It is not.

Please share this in the appropriate way with your team. Let's get on the right path.

Best Regards,

Jared

(9/5/18, 9:59 AM]
Jared,

We met as a management team on this last week including
myself, Rob, Chuck and Abe, so I will be sure to reinforce during
our weekly operating committee meeting today.

We all want the same thing, and I think we can work to
communicate better. I am sorry if we have given you any other
impression.

Regarding the First Data merchants, we have been pushing them
hard with little success.

I am working with Chuck now, and we should have a solution on
the Verifone side in the next 48 hours. And, we are in a holding
pattern with Ingenico to finish device certification for First Data
Nashville (RapidConnect).

From: Angelo Grecco Wednesday, September 05, 2018 10:02 AM
To: Jared Isaacman

Subject:

Angelo Grecco
I did not mean the First
Data gateway business
when I sent that message.
I think you would agree all of
that volume runs with the
same economics as it did
before our deal so there is no
incremental economic
benefit (EBITDA/Revenue)
from its growth.

JARED ISAACMAN S
We just need to be on the
same team
[915/18.10:06 AM]
JARED ISAACHMAN
I understand.
I was only pointing out that this
is a top priority for my team as
well. We have others.

We are on the same team!
We just need to be a
little more buttoned up.

Septemhpr 5 ?01R 10:11 AM

Saturday, December 29,4:26 PM
Pat Farley
I'm around all day of you
want to connect
[12/29/18,4:56 PM]
JARED ISAACMAN:
Ok. Great. Thanks.
[12:29/18.4:57 PM]
JARED ISAACMAN
I wanted to share some
feedback before year end
while I have a few minutes.
[12/29/18,4:57 PM]
JARED ISAACMAN:
I think it is safe to say 2018
was a terrible year. We have
missed all expectations and it
is impacting our ability to do
other things.
[12/29/18,4:58 PM]
JARED ISAACMAN
I do not get the sense that you
or the teams act with any
urgency to reverse this. In Q4,
we had 500 customers sign
up for one of our most
profitable products and no
one even noticed or made a
big deal out of it. It was
because my team made it
happen without any
involvement from the
CardConnect team.

12/29/18, 4:59 PM]
JARED ISAACMAN:
We have also learned a
great deal about the state of
the technology including
CardConnect and CoPilot.
There Is significant technical
debt throughout and none of
your leadership team seems
to have ownership or interest
in addressing it. This includes
lack of documentation, lack of
support and training.

[12/29/18, 5:00 PM
JARED ISAACMAN
We have had to re-write
CoPilot in 60 days in order
for it to scale to support
customers we put through it.
We have had to pull people
from many different areas to
accomplish this. This should
have been done over the last
3 years.

[12/29/18.5:00 PM]
JARED ISAACMAN:
There is a large
opportunity cost to all of
this that is impacting the
entire company and
causing missed
opportunities and
headaches in the core
business - from sales
people now selling
products that
compensate them less
than core products to
distractions with
underperforming
products.
[12/29/18.5:02 PM]
JARED ISAACMAN
I do not put all the
responsibility on you for
this. I do see that the Card
Connect
business/product lines
lack leadership and
urgency across the board.
[12/29/18, 5:02 PM]
JARED ISAACMAN:
You were a part of a deal
that gave Card Connect
management a significant
financial reward with
essentially zero risk as it
was an asset sale a year
after being a public
company. All we get from
that deal is the
expectations of future
performance which have
not materialized. The
entire burden of this deal
has been put completely
on Shift4.

(12/29/18.5:03 PM]
JARED ISAACMAN:
I do not sense that you
appreciate this
environment. I do not see
you taking any steps to
remedy it. I do not see
accountability being
driven at CardConnect to
get results - only
complacency.

[12/29/18, 5:06 PM)
JARED ISAACMAN:
I realize 1 am sharing this
feedback late on a
Saturday before NYE but l
also have an hour or two
before I have to start
running around for planes
and parties so I thought I
would put it out there so it
is not new when we meet
in a few weeks to review
2018 and plan actions for
Q1 2019.
(Today 12:01 AM]
Thanks for the feedback.
We have had a lot of good
conversations this past
week to address and will
continue driving the
necessary actions.

January 19, 2019
VIA EMAIL
Jared Isaacman
Shift4 Payments, LLC
2202 N. Irving Street
Allentown, PA 18109

Re: Notice of Material Breach of Asset Purchase Agreement
Dear Jared;
I am writing on behalf of Card Connect, LLC ("CardConnect') to provide notice that
Shift4 Payments, LLC and its subsidiary, Shift4 Corporation (collectively, 'Shift4"), are in
material breach of that certain Asset Purchase Agreement dated as of June 1, 2017 by and
between CardConnect and Shift4 (the "APA"). These material breaches and violations of
applicable law, as described below, have caused significant damages to CardConnect.
Moreover, Shift4's attempts to interfere with CardConnect's prospective business
relationships are ongoing.

As you know, Section 5.18 of the APA requires Shift4 to market and promote all
products and services offered by CardConnect as of the date of the agreement, including
without limitation CardConnect's CoPilot product, i.e., the portfolio management platform
used by independent sales organizations ("ISOs") to manage merchant processing
portfolios. Shift4 also agreed to preserve CardConnect's CoPilot contracts with its ISO
clients, and not to disparage CoPilot to those clients or to impede CardConnect's ability to
pursue full enforcement of its contracts. These obligations are especially significant given
that CardConnect contracts typically are for multiyear terms, with automatic annual renewals
absent a timely notice of non-renewal.

However, in the last several months, Shift4 has engaged in a concerted campaign of
wrongful conduct designed to undermine CardConnect's CoPilot business. Such conduct
includes, but is not limited to, (i) directly soliciting CardConnect's CoPilot clients before
their contracts can be renewed and inducing them to switch from CardConnect to Shift4 for
portfolio management; (ii) disparaging CardConnect's business and attempting to damage
CardConnect's valuable client and business relationships; (iii) inducing potential new ISO
clients to enter into contracts with Shift4 instead of CardConnect, causing the loss of
significant new revenue opportunities; (iv) improperly interfering with the ongoing
negotiations between CardConnect and its largest CoPilot client, Retriever, which resulted
in Retriever terminating its long-term and lucrative relationship with CardConnect; and (v)
engaging in improper and unfair competition by using confidential, proprietary and trade
secret information of CardConnect to solicit existing and potential customers and/or
undercut CardConnect's pricing.

Upon information and belief, Shift4's interference with CardConnect's largest client
has already resulted in estimated damages to CardConnect exceeding $500,000, with
additional damages accruing each day. Moreover, upon information and belief, Shift4's
unlawful conduct is ongoing. CardConnect has taken all reasonable steps to mitigate its
damages and intends to pursue every available legal and equitable remedy.
We hereby demand that Shift4 immediately cease and desist from the various
wrongful acts as set forth herein. In addition, we demand that Shift4 immediately comply
with the marketing and non-disparagement obligations under the APA. Finally, we
demand that Shift4 immediately provide us with all relevant information pertaining to its
business communications with all current and prospective CoPilot clients so that we can
fully and fairly assess the nature, extent, and specific sources of our damages, caused by
Shift4's material breaches of the APA and violations of state and federal law.

We reserve all rights to the full extent permitted by applicable law.
Sincerely,

/s/ Patrick Farley
Patrick Farley

From: Jared Isaacman
Sent: Wednesday, May 13, 2015 11:50 AM
To: Angelo Grecco
Cc: Jonathan R Abolfotouh; Bob Carr; Jeffrey Shanahan
Subject: Card Connect

 

Angelo,

 

I wanted to follow up on a few items since our last communication to you on the proposed transaction.

 

First, thank you for providing responses to my high level summary email.  It does seem that we are close to an agreement in principle.  That said, I do have follow up questions on a couple of your comments.

 

·                   In Item 2 of your response, can you provide more detail on the earn-out?  Can it be specific to include only the EBITDA that results from the growth in your non-First Data gateway and processing business?  That is what creates the greatest uplift for us and we want to incent the right performance.

·                   In Item 3, I agree it is fair to permit CardConnect to continue to own the ISV relationships that conflict with my core business.  I am getting close to finalizing the list… but what is the planned sales and client support strategy if these relationships are divested into a separate entity?  I ask only because those functions don’t exist within a holding company.  I want to make sure a constructive plan is in place.

 

Second, as promised please see below a list of the ISV relationships we need to divest in order for this transaction to proceed.  I did say ~20 previously but I was able to reduce this list a bit by including some in the proposed deal with Shift4.  We are working on minimizing this list further the last few days.

 

·                   RezSource

·                   InnLink

·                   Guestline

·                   XAiva

·                   Execu/Tech Systems

·                   RDPWin

·                   MSI

·                   Maestro

·                   IQWare

·                   SMS

·                   Visual Matrix

·                   Sceptre

 

 

Third, and this is very important, I understand Jon has mentioned this transaction to many other parties.  I committed to you and Jon that this transaction will not make its way outside our trusted circle.  If one more person mentions it to me, I may have to reconsider the deal entirely.  Your assistance in reigning in some of his communications would be appreciated.

 

That is all for now.

 

Best Regards,

 

Jared

 

Jared Isaacman

Chief Executive Officer

Shift4 Corporation

From:   Jared Isaacman
Sent:   Tuesday, May 12, 201  5:34 PM
To:     Angelo Grecco
Cc:     Bob Carr; Jonathan R Abolfotouh; Jeffrey Shanahan
Subject:    Card Connect

Angelo,

I am sorry. I did not intend to cause any confusion. I was travelling nearly all day. 

As I mentioned in my high level term sheet, I want to capture all customers and vendors in our deal except for ~20 integrations to the gateway that directly conflict with our existing products and/or supported ISV
relationships. The 20 or so ISV relationships that conflict with Shift4 can be divested to a new entity controlled by your investors.

With that in mind, I was including Retriever in our agreement as their integration, as defined currently, is limited largely to reporting. I will be more than fair in applying credits against any shared residual
streams as a result of a conversion (from TransIT to 4Go). I will work out those details with Jon as part of our continued diligence.

Also, when does your agreement with Retriever expire?

I am working on compiling the list of ~20 integrations that will be divested to a holding company. I will provide that shortly.

I would also ask Jon not share this highly confidential information outside our trusted circle. I have heard things from a variety of sources.

I will get back to you shortly to address other outstanding items.

Best Regards,

Jared

Jared Isaacman

Chief Executive Officer
Shift4 Corporation

From: 4845579414
To: 7023388041
Date: 02/28/2018 16:12:05
Hey JR - Wanted you to
know that things are not
looking good for the home
team on the Harbortouch side
of things...They didn't like
our response to your 30(b)(
6) notice...

From: 7023388041
To: 4845579414
Date: 02/28/2018 16:12:45
I figured that would prob be
the case, but they walked
into that one

From: 4845579414
To: 7023388041
Date: 02/28/2018 16:15:37
Agreed...But now there
may be a big problem for
our upcoming summary
judgment motion next
week...

From: 4845579414
To: 7023388041
Date: 02/28/2018 16:17:00
I get a call from Isaac
saying he just heard from
Jared and that Jared just
settled the case with FSP
because, according to Jared,
Mike wanted it done.

From: 4845579414
To: 7023388041
Date: 02/28/2018 16:18:34
Jared and Isaac are meeting
in person with Mike tomorrow
for a full download of details.
I am waiting to see the
settlement agreement.

From: 4845579414
To: 7023388041
Date: 02/28/2018 16:19:57
I assume this will moot our
summary judgment and the
trial in this case.

From: 7023388041
To: 4845579414
Date: 02/28/2018 16:25:14
Wow. Didn't see that one
coming....

From: 4845579414
To: 7023388041
Date: 02/28/2018 16:26:09
Me neither...
I'm pissed.

From: 7023388041
To: 4845579414
Date: 02/28/2018 16:27:24
It might not be so bad...

From: 4845579414
To: 7023388041
Date: 02/28/2018 16:38:20
After talking to Jeff, I am even
more concerned and upset.
I have an obligation to tell
CardConnect right?

From: 7023388041
To: 4845579414
Date: 02/28/2018 16:44:58
I guess 50. What's your
concern?

From: 7023388041
To: 4845579414
Date: 02/28/2018 16:45:06
*so

From: 4845579414
To: 7023388041
Date: 02/28/2018 17:37:52
According to Isaac, even
though the actual settlement
with FSP has not been
signed, Jared says that the
terms are that they will still try
to get money from
CardConnect.

From: 4845579414
To: 7023388041
Date: 02/28/2018 17:38:58
Isaac is convinced it is a sham
transaction based on what
Jared told him.

From: 7023388041
To: 4845579414
Date: 02/28/2018 18:16:09
Interesting... very interesting

From: 4845579414
To: 7023388041
Date: 03/06/2018 15:49:11
Are you heading anywhere
fun for spring break?

From: 7023388041
To: 4845579414
Date: 03/06/2018 17:25:18
Palm Springs for a few days,
then maybe somewhere else.
Haven't figured it yet

From: 4845579414
To: 7023388041
Date: 03/06/2018 17:43:32
Very nice. We are heading to
Marco Island...

From: 7023388041
To: 4845579414
Date: 03/06/2018 17:46:27
Awesome. Haven't been
there, heard it's nice

From: 7023388041
To: 6107457176
Date: 03/07/2018 11:59:58
Just read thru the brief. GREAT
job!!!

From: 6107457176
To: 7023388041
Date: 03/07/2018 12:01:18
I am happy with all of it but
the section on damages.
Was that cut down or just
supplemented?

From: 7023388041
To: 6107457176
Date: 03/07/2018 12:11:28
Cut. 23 pages on liability, 2 on
damages. I think it's perfect,
especially for the main brief.
Concise and to the point

From: 6107457176
To: 7023388041
Date: 03/07/2018 12:13:25
Sounds good

From: 4845579414
To: 7023388041
Date: 03/08/2018 15:21:11
Did you see the draft
settlement agreement
between Shift4 and
Harbortouch?

From: 7023388041
To: 4845579414
Date: 03/08/2018 15:25:24
I did..., a couple of interesting
things in there

From: 4845579414
To: 7023388041
Date: 03/08/2018 15:28:56
My thoughts exactly...

From: J.D. Oder II
Sent: Friday, May 29, 2020 4:39 PM
To: Taylor Lavery
Subject: Re:

Sounds good

On May 29, 2020, at 2:14 PM, Taylor Lavery <tlavery@shift4.com> wrote:

Hey! Just wanted to let you know the email blast just went out- so it may stir up
some convos

Sent from my iPhone

From: J.D. Oder II
Sent: Friday, May 29, 2020 5:18 PM
To: Nick Mertz
Subject: Re:

Yes sir

On May 29, 2020, at 5:17 PM, Nick Mertz <nmertz@shift4.com> wrote:

Did you talk to Jared today?

Sent from my iPhone

From: J.D. Oder II
Sent: Friday, May 29, 2020 7:27 PM
To: Jared Isaacman
Subject: Re: CardConnect

Hahaha. I might as well stay CEO of Shift4. You made a good run at having me
step down.

On May 29, 2020, at 7:23 PM, Jared Isaacman <jisaacman@shift4.com>
wrote:

I got a call from [REDACTED]
he is pretty pissed. Said he talked to you and
you didn’t give him heads up. Said you basically
moved fast to close it.

On May 29, 2020, at 4:51 PM, Jared Isaacman
<jisaacman@shift4.com> wrote:

That could be good. They acquired a company called
VyaPay out west that we were looking at.

On May 29, 2020, at 4:50 PM, J.D. Oder II
<jisaacman@shift4.com> wrote:

Spoke to him at length yest re Vyapay. Didn't
mention this blast

Sent from my iPhone

On May 29, 2020, at 4:49 PM, Jared Isaacman
<jisaacman@shift4.com> wrote:

Did you give [REDACTED]
Any heads up?

Sent from my iPhone

From: J.D. Oder
Sent: Saturday, May 30, 2020 8:02 AM
To: Nate Hirshberg ; Daniel Drasin
Subject: Fwd: CardConnect

Nick is blind copied

Begin forwarded message:

From: J.D. Oder II <jisaacman@shift4.com>
Date: May 29, 2020 at 7:27:31 PM EDT
To: Jared Isaacman <jisaacman@shift4.com>
Subject: Re: CardConnect

Hahaha. I might as well stay CEO of Shift4. You made a good
run at having me step down.

On May 29, 2020, at 7:23 PM, Jared Isaacman
<jisaacman@shift4.com> wrote:

I got a call from [REDACTED] he is pretty pissed. Said he talked
to you and you didn’t give him heads up. Said you
basically moved fast to close it.

From: J.D. Oder II
Sent: Thursday, June 18, 2020 4:50 PM
To: Jared Isaacman
Subject: Re: CardConnect

It's a pretty crazy story

On Jun 18, 2020, at 4:45 PM, Jared Isaacman <jisaacman@shift4.com> wrote:

Heard c Con is in default and all their residuals
have ceased

Sent from my iPhone

From: Jared Isaacman
Sent: Thursday, June 25, 2020 2:26 PM
To: J.D. Oder II
Subject: Re:

Sure. That all works for me.

Sent from my iPhone

On Jun 25, 2020, at 2:18 PM, J.D. Oder II <jisaacman@shift4.com> wrote:

You want to hop on at 4pm to catch-up for a few before I do this call
at 4:30pm?

From: J.D. Oder II
Sent: Tuesday, August 11, 2020 9:35 PM
To: Jared Isaacman
Subject: Re: [REDACTED]

Yeah. It was fine/good. Kind of a waste of an hour though. Just BS. [REDACTED]
has a serious ax to grind. He spent the whole time on the phone proving
that.

On Aug 11, 2020, at 9:17 PM, Jared Isaacman <jisaacman@shift4.com> wrote:

How did that go?

Sent from my iPhone

From: Jared Isaacman
Sent: Friday, October 23, 2020 11:55 AM
To: J.D. Oder II ; Taylor Lavery ; Andrew Gutshall
Subject: Fwd: Fiserv/CardConnect

FYSA

Begin forwarded message:

From: REDACTED
Date: October 23, 2020 at 11:49:17 AM EDT
To: Jared Isaacman <jisaacman@shift4.com>
Subject: Fiserv/CardConnect

External Email

Hey Jared-

As it relates to Card Connect/Fiserv, I'm not sure what your relationship is with them,
how is it going?

From: Michael Oshinsky
Sent: Friday, May 29, 2020 3:00 PM
To: J.D. Oder II
Subject: Re: CardConnect

I think that will certainly get their attention :)

Sent from my iPhone

On May 29, 2020, at 2:37 PM, J.D. Oder II <jisaacman@shift4.com> wrote:

I am firing off this email blast this afternoon. It will make a statement and
create a lot of buzz.

From: J.D. Oder II
Sent: Thursday, June 4, 2020 3:47 PM
To: Michael Oshinsky
Subject: Re: CardConnect

I'd like to pull this out of the IR collateral by end of today.
We should also have a strategy to move to the next brand.

Sent from my iPhone

On Jun 4, 2020, at 1:14 PM, Michael Oshinsky <moshinsky@shift4.com>
wrote:

Absolutely
My plan was to begin that next week.

From: J.D. Oder II
Sent: Friday, June 5, 2020 5:15 PM
To: Michael Oshinsky; Andrew Gutshall
Subject: Re: CardConnect

That's fine

On Jun 5, 2020, at 2:51 PM, Michael Oshinsky <moshinsky@shift4.com> wrote:

I have one call at 5:30

Sent from my iPhone

From: J.D. Oder II
Sent: Friday, June 19, 2020 7:33 AM
To: Michael Oshinsky
Subject: Re: Card Connect name/logo

As fast as possible

On Jun 19, 2020, at 7:24 AM, Michael Oshinsky <moshinsky@shift4.com>
wrote:

Good morning
What kind of timeline are we looking at to complete this?

Sent from my iPhone

From: J.D. Oder II
Sent: Friday, June 26, 2020 1:12 PM
To: Michael Oshinsky
Subject: Re:

[REDACTED]
On Jun 26, 2020, at 1:11 PM, Michael Oshinsky <moshinsky@shift4.com> wrote:

[REDACTED]
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