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Customer Agreement

Section 1 Eligibility

These representations and agreements relate to my eligibility to purchase Solar Bonds.

I represent and agree that:

Section 2 Investment Risk

These representations and agreements relate to the fact that I am making my own decision as to whether and how much to invest in Solar Bonds, that neither SolarCity nor anyone else is advising me on this investment decision, that I may not be able to resell my Solar Bonds, that I can lose some or all of the money that I invest in Solar Bonds, and that SolarCity can reject my request to purchase Solar Bonds.

I represent and agree that:

Section 3 FBO Account

These representations and agreements relate to the “FBO Account” in which SolarCity will hold my funds, including the operation of the account, and to the fact that SolarCity will deposit into the FBO Account, for my benefit, any principal or interest payments owed to me on any of my Solar Bonds.

I represent and agree that:

Section 4 Prospectus

These representations and agreements require me to review the Series Prospectus relating to any series of Solar Bonds in which I am planning to invest, require me to rely solely on the information in that Series Prospectus in making my investment decision, and require me to acknowledge that there are significant risks associated with investing in Solar Bonds.

I represent and agree:

Section 5 Electronic Consent and Electronic Delivery of Documents

I agree that any time I click or have clicked on an “I Agree,” “I Consent” or other similarly worded button or entry field with my mouse, keystroke or other device, my agreement or consent is legally binding and enforceable against me and is the legal equivalent of my handwritten signature on an agreement that is printed on paper. I agree to be bound by any affirmation, assent or agreement that I transmit, or have transmitted, to or through this website (the “Platform”) by computer or other electronic device, including internet, telephonic and wireless devices, including but not limited to any consent I give or have given to receive communications from SolarCity Corporation or any of its affiliates (“SolarCity”) solely through electronic transmission.

I understand that, to the fullest extent permitted by law, any notices, disclosures, forms, privacy statements, reports or other communications, including any tax-related information or documents to the extent provided below (collectively, “Communications”), regarding the debt investments available on the Platform, and my investment in any debt investments, may be delivered by electronic means, such as by e-mail or through SolarBonds.SolarCity.com. I consent to electronic delivery as described in the preceding sentence. In so consenting, I acknowledge that e-mail messages are not secure and may contain computer viruses or other defects, may not be accurately replicated on other systems or may be intercepted, deleted or interfered with, with or without the knowledge of the sender or the intended recipient. I also acknowledge that an e-mail from SolarCity may be accessed by recipients other than me and may be interfered with, may contain computer viruses or other defects and may not be successfully replicated on other systems. I understand that SolarCity gives no warranties in relation to these matters.

I consent to the delivery of tax documents (such as IRS Form 1099-INT) through SolarBonds.SolarCity.com. I understand that I may withdraw this consent before my tax document is furnished. In providing this consent, I also acknowledge that I have received SolarCity’s Information on the Electronic Delivery of Tax Documents, included below.

I further understand and agree to each of the following:

Section 6 Information on Electronic Delivery of Tax Documents

These provisions relate to my consent under Section 5 above to SolarCity’s provision of tax documents to me electronically. Prior to furnishing the tax documents electronically, the IRS requires that SolarCity provide each investor with the following information:

Section 7 Governing Law, Arbitration and Class Action Waiver

This Agreement shall in all respects be governed by, and interpreted and enforced in accordance with, the laws of the State of California, without giving effect to conflict of laws principles.

PLEASE READ THE SECTION BELOW CAREFULLY. ARBITRATION REPLACES THE RIGHT TO GO TO COURT, INCLUDING THE RIGHT TO A JURY AND THE RIGHT TO PARTICIPATE IN A CLASS ACTION OR SIMILAR PROCEEDING. IN ARBITRATION, A DISPUTE IS RESOLVED BY AN ARBITRATOR INSTEAD OF A JUDGE OR JURY.

I understand and agree that any dispute, claim or disagreement between SolarCity and me (a “Dispute”) shall be resolved exclusively by arbitration.

I further understand and agree to the following terms governing any arbitration:

I AGREE TO HAVE ANY DISPUTE ARISING OUT OF MY USE OF THE SERVICES DECIDED BY NEUTRAL ARBITRATION AS PROVIDED BY CALIFORNIA LAW, AND I AM GIVING UP ANY RIGHTS I MIGHT POSSESS TO HAVE THE DISPUTE LITIGATED IN A COURT OR JURY TRIAL. I ACKNOWLEDGE AND UNDERSTAND THAT I AM GIVING UP MY JUDICIAL RIGHTS TO DISCOVERY AND APPEAL. IF I REFUSE TO SUBMIT TO ARBITRATION AFTER AGREEING TO THIS PROVISION, I MAY BE COMPELLED TO ARBITRATE UNDER THE AUTHORITY OF THE BUSINESS AND PROFESSIONS CODE OR OTHER APPLICABLE LAWS. MY AGREEMENT TO THIS ARBITRATION PROVISION IS VOLUNTARY.

Section 8 Amendment

SolarCity has the right to change any term or provision of this Agreement. SolarCity will give me notice of material changes to this Agreement. I understand and agree that my use of the Platform after SolarCity has provided notice of changes to this Agreement will constitute my agreement and assent to such changes and to this Agreement as so changed. I understand and agree that if I do not agree and assent to changes to this Agreement made by SolarCity, I must cease using the Platform and terminate My Account by calling SolarCity at (877) 554-7652 promptly after I have been provided notice of the changes. I authorize SolarCity to correct obvious clerical errors appearing in information I provide to SolarCity, without notice to me, although SolarCity expressly undertakes no obligation to identify or correct such errors.