Slide 1

Confidential. Property of vRide, Inc. Not to be disclosed without vRides prior written consent. Vanpool Program Slide 2 Confidential. Property of vRide, Inc. Not to be disclosed without vRides prior written consent. What is a Vanpool? A vanpool is a group of 5 to 15 individuals who voluntarily participate in a rideshare agreement: To commute to and from work together That live near each other or along the same route That have the same work schedule That have long or difficult commutes Slide 3 Confidential. Property of vRide, Inc. Not to be disclosed without vRides prior written consent. How does it work? vRide provides a brand new van, insurance and maintenance Wichita Transit subsidizes each van by $300 per month The vanpool members: Share the cost of the monthly lease and fuel expense Provide a Primary Driver / Coordinator and an Alternate Driver Save money and improve their daily commute Slide 4 Confidential. Property of vRide, Inc. Not to be disclosed without vRides prior written consent. Why does vanpooling make sense for Employees? One of the most economical means of transportation The safest mode of public transportation A great way to save money on your daily commute A more relaxing way to commute to work Improves parking situation Available anywhere, anytime, any place! Slide 5 Confidential. Property of vRide, Inc. Not to be disclosed without vRides prior written consent. Why does vanpooling make sense for Employers? A valuable employee benefit with little or no cost or support needed from the employer Helps address recruitment and retention issues for employees with long or difficult commutes Improves moral and can decrease employee tardiness and absenteeism More companies are offering this benefit on a pre-tax and pre-FICA basis Each vanpool can free up as many as 14 parking spots Slide 6 Confidential. Property of vRide, Inc. Not to be disclosed without vRides prior written consent. 6 Slide 7 What types of vehicles are used? Dodge Caravan Chevy Traverse GM 8, 10, 12, 14 and 15 passenger vans Slide 8 Confidential. Property of vRide, Inc. Not to be disclosed without vRides prior written consent. How much does it cost to vanpool? *Estimated Monthly Gas 7 Pass Caravan 7 Pass Traverse 8 Pass Factory 8 Pass Luxury 10 Pass Luxury 12 Pass Factory 12 Pass Luxury 14 Pass Luxury 15 Pass Factory Monthly Rate (Plus Tax)810.00 820.00910.00940.00760.00970.001,020.00810.00 Wichita Transit Contribution300.00 Net Monthly Rate510.00 520.00610.00640.00460.00670.00720.00510.00 *Estimated Monthly Gas Expense150.00 200.00 230.00 Total Monthly Cost660.00 720.00810.00840.00690.00900.00950.00740.00 Monthly Rate Per Person95 901018458756850 Slide 9 Confidential. Property of vRide, Inc. Not to be disclosed without vRides prior written consent. How much does it cost to drive alone? Slide 10 Confidential. Property of vRide, Inc. Not to be disclosed without vRides prior written consent. How much can your employee save by vanpooling? 2014 AAA Annual Avg. Cost Per Mile = 59.17 Cents 15,000 Mile Yearly Commute = $8,875.50 Monthly Cost to Vanpool with Wichita Transit = $95 15,000 Mile Yearly Commute = $1140.00 Your employee could save up to $7,735.50 per year! Slide 11 Confidential. Property of vRide, Inc. Not to be disclosed without vRides prior written consent. To Vanpool! Slide 12 Confidential. Property of vRide, Inc. Not to be disclosed without vRides prior written consent. IRS section 132(f) Transportation Fringe Benefit Online Guide: http://www.irs.gov/pub/irs-pdf/p15b.pdf Qualified Transportation Benefits. This exclusion applies to the following benefit: A ride in a commuter highway vehicle between the employee's home and work place. A transit pass. Qualified parking. Qualified bicycle commuting reimbursement. Exclusion from wages. You can generally exclude the value of transportation benefits that you provide to an employee during 2015 from the employee's wages up to the following limits. $130 per month for combined commuter highway vehicle transportation and transit passes. $245 per month for qualified parking. For a calendar year, $20 multiplied by the number of qualified bicycle commuting months during that year for qualified bicycle commuting reimbursement of expenses incurred Slide 13 Confidential. Property of vRide, Inc. Not to be disclosed without vRides prior written consent. Executive Order 13150 Federal Workforce Transportation By the authority vested in me as President by the Constitution and the laws of the United States of America, including the Transportation Equity Act for the 21st Century (Public Law 105-178), section 1911 of the Energy Policy Act of 1992 (Public Law 102-486), section 531(a)(1) of the Deficit Reduction Act of 1984 (26 U.S.C. 132), and the Federal Employees Clean Air Incentives Act (Public Law 103-172), and in order to reduce Federal employees' contribution to traffic congestion and air pollution and to expand their commuting alternatives, it is hereby ordered as follows: Section 1. Mass Transportation and Vanpool Transportation Fringe Benefit Program. Slide 14 Confidential. Property of vRide, Inc. Not to be disclosed without vRides prior written consent. Commuter Choice Benefit May be offered by: Direct Sponsorship Individual Pre Tax Combination Slide 15 Confidential. Property of vRide, Inc. Not to be disclosed without vRides prior written consent. How would an employee get started? Sign Up at www.vride.com/wichita Find A Ride or Create A Pool of your own Find at least 4 co-workers that share your daily commute Schedule a group meeting to discuss details Paperwork, Drivers, Fuel Card Vanpool starts up! Slide 16 Confidential. Property of vRide, Inc. Not to be disclosed without vRides prior written consent. Questions? Mike Goulding Account Manager mike.goulding@vride.com (816) 556-6300