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• . . - 7 - <br /> • M. Fines and Penalties - GB shall not be res ponsible for any fines or penalties assessed by any governmentai <br /> agency because of the acts or omissions of the CLIENT, or by previous or successor ciaim administrators. <br /> N. Solicitation of Employees - CLIENT agrees that,during the term of this Agreement and for a two -year period <br /> thereafter, CLIENT shall not,without the consentof GB,solicit to hire,or hire any employee of GB who,durin g <br /> the term of this Agreement,has performed,or contributed to the performanceof,services hereunder. CLIEN T <br /> further acknowledges that the damages suffered by GB as a result of a breach of this obligation would be <br /> significant but not susceptible of easy calculation. Accordingly, in the event of a breach of the aforesaid <br /> obligation, CLIENT agrees to pay GB an amount equal to one hundred fifty percent (150%) of such <br /> employee's annualized salary amount at GB as of the date of breach. <br /> O. � Risk Control Consultina - With respect to any risk control consulting services,including any form of inspectio n <br /> service provided by GB to CLIENT: <br /> 1. Such services shall be in the nature of advisory to the CLIENT only and shall not be construed as <br /> imposing upon GB any duty to implement any recommendation made by GB or to otherwise ensure <br /> that any premises, equipment or other subject matter of a GB consulting service is safe or free from <br /> hazards or defects; <br /> 2. Such services shall be solely for the benefit of CLI ENT and shall not be construed as creating any dut y <br /> to, or conferring any right to, any third party, including without limitation, any duty to warn any third <br /> party or the public at large; <br /> 3. The scope of such services may be subject to further limitations pursuant to the terms of any written <br /> reports delivered to CLIENT and respecting such services; <br /> 4. CLIENT shall make no communicationto any third party concerning the role or nature of GB's services <br /> without the prior consent of GB. <br /> 5. If GB fails to complete the contracted Risk Control Consulting Services during the term of this <br /> Agreement due to the CLIENT's failure to cooperatewith GB's service delivery objectives,then GB wil I <br /> have an additional six(6)months in which to complete the contracted services. If the CLIENT fails to <br /> cooperatewith GB's service delivery objectives during such six(6) month period, then GB's obligation , <br /> to complete the contracted service s will be deemed to be fulfilled and CLIENT shall not be entitled to <br /> any refund for services not provided. If for any reason other than CLIENT's lack of cooperation, GB ' <br /> fails to complete the contracted services during the term of the Agreement, then CLIENT, at its � <br /> discretion, may either receive a refund for that portion of the contracted services which were not <br /> completed or may extend the term for completion of the contracted services by a period of six (6) <br /> months. <br /> P. Records Retention - GB will retain claim files for 24 months following date of closure. Thereafter, files will <br /> be returned to the CLIENT or forwarded to such location as may be design ated by the CLIENT for continued <br /> storage. GB will retain hard-copy checks for 24 months following the date of bank clearance. Thereafter, <br /> copies of checks will be maintained on microfiche. <br /> Q. Subrogation - To the extent GB is involved in pursuing recoveries against third parties or otherwise <br /> undertaking subrogationactivitieson behalfofCLIENT, GB is authorizedto collect,in the name ofthe CLIEN T <br /> or in the name of GB, all funds due as a result of such recovery or subrogation activities. GB shall not be <br /> required to establish any trust accounts for the benefit of CLIENT, but shall promptly and fully account for all <br /> funds so received. <br /> R. Taxes -CLIENT shall be responsi ble for payment of all applicable sales, use, ad valorem and excise taxes; <br /> duties;and assessments relating to the servi ces provided hereunder. CLIENT shall hold GB harmless from <br /> all claims and liability arising from CLIENT's failure to pay such taxes. <br /> S. Non-U.S. Dollar Transaction - In the event that GB handles any non-U.S. Dollar claims, CLIENT shall be <br /> responsible for any rate fluctuations. <br /> 06/cq 1/17357 <br />