(Amounts in thousands of Brazilian reais – R$, unless otherwise stated)

The Company is engaged in the capture, transmission, processing and settlement of transactions with VISA credit and debit cards. To conduct said activities, the Company entered into the following agreement:

a) Lease agreements

As of December 31, 2009, future annual payments under lease agreements in effect are estimated as follows:

Year
2010	6,239
2011	6,551
Total	12,790

Most contracts specify a termination fine equivalent to a three-month rent, and a partial return can be negotiated for each case.

b) Telecommunications, technology (transactions processing) and logistics services

As of December 31, 2009, future payments under telecommunications, technology and logistics service agreements in effect are estimated as follows:

Year
2010	391,472
2011	407,475
Total	798,947

Transactions capture and processing agreements stipulate termination fines in the amount of R$100,000. Telecommunications service agreements vary according to the operating demand and it is not possible to determine an average term, and are subject to an average termination fine of R$9,300. Logistics service agreements are in effect since June 2007, with a minimum period of 12 months and a termination fine of R$9,068.

c) Bank guarantees

As of December 31, 2009, based on agreements in effect, bank guarantees are composed of:

Type
Guarantee for card transactions	35
Guarantees for lease agreements (*)	504
Total	539

(*) Guarantee provided by financial institutions to secure the payment of property lease agreements.

d) Other commitments

As discussed in Note 1, the Company and its subsidiary CBGS Ltda. entered into an agreement for future capital increase, whereby the Company commits to contribute funds by January 2, 2010, in the amount of R$67,354. As of December 31, 2009, the balance was fully paid in and the adjustment of R$4,363 made in the year was recorded under "Financial expenses."