Gift Account Issuer

Your Gift Account Issuer

CIMI2510, Inc. (formerly known as CARD2202, Inc.) or its affiliate (the “Issuer” or “CIMI2510”) is the issuer of the Gift Account in the Phillips 66® Gift Account program. As the Issuer, CIMI2510 is the sole obligor to the Gift Account holder. Phillips 66®, Conoco®, and 76® (collectively, the “Retailer”) are neither the Gift Account Issuer nor the obligor to you or to any Gift Account Holder and hold no obligation to you or any Gift Account Holder for the Gift Account. Your sole contractual party for the Gift Account is Issuer, and you have no claim in respect of the Gift Account against Phillips 66.

CIMI2510 may assign its issuing role, responsibilities and duties. Upon that event, the assignee will become the Issuer of the Gift Account and the obligor on the Gift Account. Any such assignment will occur without notice to the card owners. If the terms and conditions so provide, the assignment will be without recourse to Issuer, the assignee will become the sole obligor with respect to the Gift Account upon the assignment, and CIMI2510 will cease to be an obligor with respect to the Gift Account.

See the Gift Account and Sole Obligor section on the Full Gift Account Terms page.