2024 PAYROLL EOY PROMOTION - SPECIAL TERMS

The following is stricken from the Toast Payroll & Team Management Service Agreement Order Form: 

“Contract Start Date: Provider will commence billing Merchant for Fees for Services on the earlier of: 1) the first date as of when Merchant successfully posts payroll for processing using the Services (the “Payroll Start Date”); 2) the first date as of when Merchant otherwise commences using the Services; or 3) on the date that is ___ days following the Effective Date of this Agreement (“Contract Start Date”). In the event Merchant’s Payroll Start Date occurs on or prior to the Contract Start Date, Provider shall waive Software Fees for one (1) month.”

And is replaced with the following:

Existing Toast, Inc. merchant customers (“Customers”), who have entered into a ToastMerchant Agreement (“TMA”) for point-of-sale and payment processing services, are eligible to have their Toast Payroll Fees (defined below), waived through March 31, 2025(the "Promotion") if they:

(i) Enter into a Toast Payroll & Team Management Service Agreement between September 3, 2024 and December 13, 2024, and have not previously processed payroll using Toast Payroll; (ii) have a Payroll Start Date with Toast Payroll on or before January31, 2025; (iii) agree to a minimum Initial Term of two (2) years with Toast Payroll; (iv)have not processed payroll with any other payroll provider in 2025; and (v) remain active under, and not in breach of, the TMA and Toast Payroll & Team Management Service Agreement.

If Merchant does not have a Payroll Start Date on or prior to January 31, 2025, or does not otherwise meet the eligibility requirements of the Promotion, Provider will commence billing Merchant for Fees for Services in February 2025.

Definitions:

“Fees” means software fees for Toast Payroll Essentials or Toast Payroll Pro, whether billed on a Per Employee Per Month (PEPM) basis or as a monthly minimum.

All other capitalized terms shall have the same meaning that they have in the Toast Payroll &Team Management Service Agreement.

Notwithstanding the foregoing, this Promotion is not available if prohibited by law, and may not be combined with any additional Toast Payroll and/or Toast Tips Manager discounts or redeemed for cash, and cannot be applied to any products or services apart from Toast Payroll and Toast Tips Manager. Following the Promotion, any and all fees, including those for previously discounted products and/or services, shall be equal to the full quoted price.