2020_0608_CCPacket - Laserfiche WebLink

Home

data provided by AdoptingEmployeror Plan Administrator to the extent MEDSURETY, LLC's acts or omissions are attributable to the erroneous data, or for the failure of Adopting Employer or Plan Administrator to perform their obligations under this Agreement. VI. Term and Termination A. Term. This Agreement is effective as of the date first written hereinabove and shall continue for a period of twenty-four (24) consecutive months and for each twelve (12) consecutive month period thereafter until termination of this Agreement pursuant to this Section VI of the Agreement. B. Termination. This Agreement may be terminated by either party at any time by written notice of intention to terminate given to the other party to be effective as of a specified date not less than sixty (60) days from the date such notice is received. Notwithstanding the foregoing, in the event the Plan Administrator terminates this Agreement pursuant to this Section VI.B. during any contract term for reasons other than termination for cause, as described in Section VI.C. below, the Plan shall pay to MEDSURETY, LLC such transition reporting fees actually incurred by MEDSURETY, LLC to transfer administration to a successor service provider. C. Termination For Cause. Either party shall have the right to immediately terminate the Agreement upon: 1. The material breach of the terms of this Agreement, by either MEDSURETY, LLC or the Adopting Employer, including failure to remit service fees due MEDSURETY, LLC, if such material breach is not corrected within ten (10) days of receipt of written notice specifying the nature of the breach to the satisfaction of the non-breaching party; 2. The bankruptcy or insolvency of the Adopting Employer or MEDSURETY, LLC; or 3. The enactment of any law, promulgation of any regulation or action of any State or Federal agency or authority which makes or declares illegal the continuance of this Agreement or the performance of any of the Administrative Services by MEDSURETY, LLC hereunder. D. Post-Termination Obligations. MEDSURETY, LLC may, as mutually agreed upon by the Adopting Employer and/or Plan Administrator and MEDSURETY, LLC, provide certain Administrative Services following the termination of this Agreement. VII. Miscellaneous A. Agreement Amendment. This Agreement may be amended only by mutual agreement in writing executed by all parties, except that MEDSURETY, LLC may amend this Agreement to the extent necessary to comply with applicable federal, state or local laws or regulations. B. Notices. All notices, requests, consents and other communications required or permitted under this Agreement shall be in writing and delivered personally, or sent by registered or certified mail or nationally recognized overnight carrier, postage prepaid, electronic transmission, or by facsimile transmission, to the address set forth in Exhibit A, or to such other address set forth in a notice given in the manner herein provided. All such notices, requests, information or other communications shall be deemed to have been given (i) when delivered if personally delivered, (ii) three business days after having been placed in the mail, if delivered by registered or certified mail, (iii) the business day after having been placed with a nationally recognized overnight carrier, if delivered by nationally recognized overnight carrier, and (iv) the business day after transmittal by facsimile if transmitted with electronic confirmation of receipt. Continuation and/or Retiree Billing 8 Administrative Agreement (public sector)