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.. � <br /> recognition of the fact that Claim Payments would <br /> otherwise be made by thc Claim Administrator prior to <br /> any reimbursement by the Employer, the Employer shall <br /> transfer to the Claim Administrator' s account number <br /> #74-15516 at Continental National Bank and Trust Company <br /> an amount equal to the Transfer Payment Period Claim <br /> Payments plus the applicable Service Charge . For <br /> purposes of this agreement, the Transfer Payment Period <br /> shall be weekly. The Claim Administrator shall advise <br /> �he Employer' s Financial Division by telephone ( at a <br /> telephone number to be furnished by the Employer prior <br /> to the effective date of this Aqreement) of the amount <br /> of Claim Payments made pursuant to this Agreement for <br /> which reimbursement has not been previously made by <br /> Employer to the Claim Administrator, plus the applicable <br /> Service Charge . <br /> B. The Claim Administrator shall not be required to deposit <br /> any Transfer Payments in an interest-bearing account. <br /> VI . CLAIM SETTLEMENTS <br /> A. Claim Settlements will be determined for each and every <br /> month. Such period will be referred to as the "Claim <br /> Settlement Period. " The Claim Settlement will compare <br /> the total transfer payments received by the Claim <br /> Administrator in the particular Claim Settlement Period <br /> to the sum of the following: <br /> 1 . All Claim Payments made by the Claim Administrator <br /> in the particular Claim Settlement Period. <br /> 2 . All Claim Payments made by the Claim Administrator <br /> in prior Claim Settlement Periods that have not <br /> been included in a prior Claim Settlement. <br /> 3 . The Service Charge as computed on the total of 1 . <br /> and 2 . above . <br /> The sum of VI . A. 1 . , 2 . , and 3 . above shall be <br /> referred to as the Claim Settlement Total for that <br /> Claim Settlement Period. <br /> B. If within the Claim Settlement Period, the Claim <br /> Settlement Total exceeds the Transfer Payments received <br /> in the particular Claim Settlement Period, the Employer <br /> will pay the difference to the Claim Administrator. The <br /> Claim Settlement will be determined within sixty ( 60 ) <br /> days from the last day of the Claim Settlement Period. <br /> The Claim Administrator will notify the Employer in <br /> writing of the results of the Claim Settlement. Any <br /> sums due the Claim Administrator will be paid by the <br /> Employer within ten ( 10 ) days from the date the Claim <br /> Administrator notifies the Employer . <br /> -5- <br />