R2004-163 AUTHORIZING APPLICATIONS FOR GROUP HEALTH INSURANCE COVERAGE

Home Browse Search

7.06 Post Termination Services. Unless the Agreement is automatically terminated under Section 7.02(a), if requested by"EMPLOYER", upon termination, the "Administrator"will pay claims incurred but not reported as of the date of termination for up to 3 months unless agreed otherwise. The fee to perform the run out service is due at the time of the request. The"Administrator"will perform additional post-termination services in accordance with the Schedule attached hereto. 7.07 Notice Upon Termination. In the event of Agreement termination, "EMPLOYER"is obligated to provide timely notice of the change in "Administrator's" (or other plan changes) to all Participants. A copy of such notice shall be provided to the "Administrator"in advance of distribution. If "EMPLOYER" either fails (i) to provide timely notice Agreement termination, or (ii) to fund the account within 5 days of the"Administrator's"request, the Agreement is automatically terminated in accordance with Section 7.02, the "Administrator" shall be obligated to send notice to each Participant for whom it has records. If the"Administrator"is so obligated to send notice, the full cost of preparing, copying and sending such notices shall be borne by"EMPLOYER". SECTION VIII Fees of the"Administrator" 8.01 Fees. For its services thereunder, "EMPLOYER" shall pay(or authorize payment from the Claims Account)the"Administrator"the fees indicated in Exhibit"A" attached hereto in accordance with the provisions of Exhibit"A". 8.02 Material Chan�e. Notwithstanding Paragraph 8.01, in the event the Plan is amended or the operation or administration of the Plan is changed and such amendment or change results in an increase in the amount of services required to be provided by the"Administrator", the fee of the"Administrator" shall be increased in order to compensate the"Administrator" for the additional services required to be performed. "Administrator" shall follow the same structure in calculating the fee that was followed in calculating the original fees approved as part of the original Agreement herein. 8.03 Government Requirement/Laws/Regulations. If the Federal, State, County or other governmental body imposes any additional requirement that would be a material change or create additional duties or requirements, the fee of the "Administrator" shall be increased in order to compensate the"Administrator" for the additional services required to be performed. 9