Agmt15 York Risk Services Group, Inc.

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� �,� � �r�.u�Y��1�-�:�. AGREEMENT FOR CLAIMS ADMINISTRATION SERVICES This Agreement (the "Agreement") is effective as of the 1St day of July 2015 (the "Effective Date") between City of REDWOOD CITY, ("PRINCIPAL"), a public entity, organized under the laws of California, having offices at 1017 Middlefield Road Redwood City, CA 94063, and YORK RISK SERVICES GROUP, INC., ("YORK"), a New York corporation with its principal place of business at 99 Cherry Hill Road, Parsippany, New Jersey 07054. WHEREAS, PRINCIPAL desires to provide Claims Administration Services on claims arising out of PRINCIPAL'S self-insured workers' compensation program (the "Program") during the term of this Agreement; and WHEREAS, YORK desires to be retained by PRINCIPAL pursuant to the terms and provisions of this Agreement to provide Claims Administration Services on claims arising out of the Program during the term of this Agreement; and WHEREAS, YORK, by entering into this Agreement, shall be obligated to provide Claims Administration Services to PRINCIPAL on the terms and conditions set forth herein; and NOW THEREFORE, for and in consideration of the promises set forth hereinabove, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, YORK and PRINCIPAL agree as follows: I. DEFINITIONS A. "PRINCIPAL" shall mean City of REDWOOD CITY. B. "CLAIMS ADMINISTRATION SERVICES" shall include the administration, adjustment, management, and oversight of claims arising out of PRINCIPAL'S self-insured workers' compensation program. CLAIMS ADMINISTRATION SERVICES shall also include, but are not limited to, the following services: 1. Providing supervision of the loss adjustment process; 2. Determining and implementing appropriate claims practices to adjust assigned claims in accordance with YORK'S established practices; 3. Adhering to high standards of professional conduct; ATTY/AGR/2015.068/YORK TPA REDWOOD CITY REV:04-20-15 MLG Page 1 of 17