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It is our understanding that the objective is to provide a high level of benefits to City of Arden Hills and to keep these benefits within current and future budgets, . Assistance to be supplied to us by your personnel should include: . Confidential census information. . Full support in extracting claims data from City of Arden Hills. . Management input on City of Arden Hills strategic benefit objectives, both short and long term, . Communications strategy, input and support, . Direction on management issues related to the adoption of the various plans. The parties hereby acknowledge that the services described above which ate provided by Financial Concepts, Inc, under the letter agreement, "do not telate to an employee benefit plan" in the context of Section 514 of ERISA. Our compensation for all services is based on the amount received from the product vendors throughout the contract period. If Financial Concepts, Inc. is not the broker of record with the vendors, City of Arden Hills agrees that Financial Concepts, Inc. can bill for the balance of the compensation not yet received through the vendors for the remaining contract period. Either party may terminate this agreement with 30 days advance written notice delivered to the party with "Cause," Cause shall be defined as (i) the failure to perform any material term of this Agreement, or (il) material dishonesty in the performance of services under this Agreement. As a subsidiary of National Financial Partners Corp, ("NFP'), we are a member of a financial services network containing approximately 200 owned firms and approximately 250 affiliated finns. Finns within the NFP network engage in onc or more of its primary lines of business) which include corporate and executive . benefits and property and casualty insurance brokerage. Firms are compensated through fee and commissions for services provided to clients in each of these lines of business_ In addition to the standard commissions received for the services provided to you, we or our affiliates may earn additional compensation for our role in providing certain products and services to you under separate contracts with insurance companies and group benefits providers, Insurance companies and group benefits providers may pay us or our affiliates contingent compensation upon satisfaction of factors such as volume, persistency or profitability of the business placed ",oth such insurance company or group benefits provider, In addition, such product and service providers may pay us or our affiliates ftxed amounts related to the support ofNFP company conferences, conventions and other marketing efforts. If the foregoing is in accordance with your understanding, please sign and return to us the duplicate copy of this letter. Sincerely Yours, James Sarych Senior Consultant ACCEPTED BY: . DATE: 4