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R2018-99 Authorizing Agreement with JWF Specialty Co. Worker's Compensation Benefits
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R2018-99 Authorizing Agreement with JWF Specialty Co. Worker's Compensation Benefits
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Last modified
8/29/2018 2:32:50 PM
Creation date
8/8/2018 10:08:38 AM
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Resolution/Ordinance
Res Ord Num
R2018-99
Res Ord Title
Resolution Authorizing Agreement with ONB Benefits Administration, LLC dba JWF Specialty Company, Third Party Administrator of Worker's Compensation Benefits
Department
Finance
Approved Date
8/6/2018
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7 <br /> hereunder with an "affiliate" of the Administrator or a "related party" without prior disclosure of all <br /> relevant facts of such contract or other transaction to the Client and the prior approval by the Client <br /> of the same. For purposes of the foregoing sentence, the term "affiliate" shall mean an entity <br /> controlled by, under common control with or controlling the Administrator and a "related party" <br /> shall be any person or entity who shall be an officer, director, principal stockholder or the equity <br /> holder or participant of the Administrator or any affiliate, or any member of such person's <br /> "immediate family". "Immediate family" shall mean such person's spouse, children or their spouses <br /> or children,parents, siblings or their spouses or their children. Additionally, the Administrator shall <br /> not engage in any transaction on behalf of the Client or in connection with its duties hereunder in <br /> which the Administrator or any affiliate, or any related party thereof, shall have any direct or <br /> indirect financial interest or shall otherwise receive any direct or indirect benefit, without the prior <br /> full disclosure of all relevant facts regarding such transaction to the Client and the approval of the <br /> Client of the same. <br /> Section 9. Contracts with Other Self-Insuring_Organizations. The services of the <br /> Administrator to the Client are not exclusive and the Client agrees that the Administrator, and any <br /> affiliate of the Administrator, shall be free to render services to others, including other contractors, <br /> and to engage in other activities, provided that the rendering of such other services and performance <br /> of such other activities shall not in any way interfere with, impair or adversely affect the Client or <br /> the performance of the Administrator's duties hereunder. <br /> Section 10. Termination. Either party may terminate this Agreement at any time by giving <br /> at least 90 (ninety) days written notice to the other party. <br /> Section 11. Indemnification. The Administrator agrees to indemnify and hold harmless the <br />
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