A Leader in Commuter Benefit Programs TransitChek A Leader in Commuter Benefit Programs Copyright © 2011 TransitChek, Inc. All rights reserved.

With TransitChek – Everyone Benefits! TransitChek introduced the nation’s first commuter benefit, TransitChek, and continues to be a leader in commuter benefits by providing: Ease of use and flexibility Innovation technology Team Approach Industry Experts With TransitChek – Everyone Benefits!

Commuter Benefits Programs 101 Employers enable employees to use tax-free dollars to pay for their commuting costs Commuter benefits programs can help employees whether they travel by bus, subway, train, ferry, vanpool or bicycle Under Federal law, employees can set aside: Up to $125 per month to pay for their commute by transit Plus up to $240 per month towards commuter-related parking expenses A commuter benefit may be offered: On a pretax basis As a tax-free fringe benefit Or a combination of the two TransitChek Programs offer easy implementation, personal attention, and IRS compliant products for all types of businesses—nationwide

About TransitChek Introduced the nation’s first commuter benefit program, TransitChek, in 1987 Continues to support ease of use via innovative technology Proprietary systems - Web-based ordering system Self-Service Models - TransitChek® Mobile—employees may enroll and manage their commuter benefits account from any smartphone or tablet Provides the highest level of personal attention Sole focus is on providing commuter benefits—we are experts in the industry National coverage – local expertise Fully compliant programs

TransitChek® Mobile The Next Generation in Commuter Benefits Employees may enroll in and manage their TransitChek commuter benefits account from any smartphone or tablet: Self-service model to ease the administrative burden on Benefit Administrators Enroll or update info anywhere, anytime Check balances and view transactions on-the-go Easily manage plan details and benefit amounts

TransitChek Product Portfolio The TransitChek ® Premium MetroCard ® Annual MetroCard (good for an entire year) True Calendar Monthly Unlimited (31st day is free during the months of January, March, May, July, August, October and December Unlimited rides 24/7 on NYC subways and local buses The Card is mailed directly to your home once a year Cards can be replaced if lost, stolen or damaged by filling out a certification form and contacting our Customer Service Department Available only through TransitChek in the NYC Market

TransitChek Product Portfolio The TransitChek QuickPay® Card A prepaid Visa® card that can be funded with both transit and parking deductions on a tax-free and post-tax basis Meets the highest levels of IRS compliance for card-based commuter benefits products 24/7 Access to account information No monthly usage limit The Card has an expiration date of three years Funds roll over from month to month and year to yea The TransitChek QuickPay® Prepaid Visa ® Card is issued by The Bancorp Bank pursuant to a license from Visa U.S.A. Inc. The Bancorp Bank; Member FDIC

TransitChek Product Portfolio TransitChek® Vouchers Used like cash to purchase tickets and passes A good choice for commuters who use commuter rail and suburban bus services, ferry and ticket-by-mail programs Available in a variety of denominations TransitChek CashBack® A good choice for employees who use transit systems or park at facilities where vouchers are not readily available

TransitChek Product Portfolio Access – A –Ride By federal law, all transit operators in the U.S. must provide alternative paratransit transportation services. Employees may have their tax-free transit benefits applied to these services, such as vanpooling, through TransitChek. Bicycle Benefit A $20 per month employer-paid fringe that can be used for bicycle equipment, enhancements, repairs or storage.

Commuter Savings Calculator Employees can go to www.save.transitchek.com Commuter Savings Calculator Virtual Administrator Used as Landing Page Regional Product Availability

TransitChek Premium Administration Schedule For Employees to Start Using Benefit By: Enrollment Open/Close Administrator Site Opens Site Closes Payment to TransitChek® (ACH) Jan-2012 Nov 1 /Nov 30 Dec - 1 Dec - 8 Dec - 16 Feb-2012 Dec 1 / Dec 31 Jan - 1 Jan - 8 Jan - 16 Mar-2012 Jan 1/Jan 31 Feb - 1 Feb - 8 Feb - 16 Apr-2012 Feb 1/Feb 28 Mar - 1 Mar - 8 Mar - 16 May-2012 Mar 1 /Mar 31 Apr - 1 Apr - 8 Apr - 16 Jun-2012 Apr 1/ Apr-30 May - 1 May - 8 May - 16 Jul-2012 May 1/ May 31 Jun - 1 Jun - 8 Jun - 16 Aug-2012 Jun 1/Jun 30 Jul - 1 Jul - 8 Jul - 16 Sep-2012 July 1/July 31 Aug - 1 Aug - 8 Aug - 16 Oct-2012 Aug 1/Aug 31 Sep - 1 Sep - 8 Sep - 16 Nov-2012 Sep 1/Sep 30 Oct - 1 Oct - 8 Oct - 16 Dec-2012 Oct 1/Oct 31 Nov – 1 Nov - 8 Nov - 16

Client Testimonials “We believe in TransitChek’s value not only for the savings, but also as a means to improve the quality of life where we work and live.” - Vice President, Human Resources, national educational production company “TransitChek has improved morale and saved our employees money.” - Vice President, Administrative Services, national media outlet “It’s a really valuable benefit for our employees to put pretax dollars toward their public transportation. TransitChek gives them more flexibility.” - Human Resources Associate, national media network

Why TransitChek? Easy to use self-service model designed to reduce the workload on benefit administrators Employees enroll through a secure, member website and select the product that is best for them Products are then mailed directly to employees’ homes Personal attention from a team of industry experts Portfolio of products to meet the needs of companies of every size Fully IRS compliant programs and products We are the experts – it’s all we do!