Laserfiche WebLink
<br />6: / (!.- /~ <br /> <br />. " . <br /> <br />b) <br />ERISA; and <br /> <br />preparation, review and distribution of a Summary Plan Description as required by <br /> <br />c) <br /> <br />filing Summary Plan Description with U.S. Department of Labor. <br /> <br />3.2 Costs of Ongoing Treatment. Client shall inform all its employees who are Covered Persons that <br />the cost of any treatment not specifically provided pursuant to this Agreement, shall be the responsibility of <br />the Covered Person. <br /> <br />3.3 Client Liaison. Client shall designate an employee to act as a liaison between the Client and <br />MHN under this Agreement and to be responsible for coordinating all of Client's requests for services under <br />this Agreement. <br /> <br />IV. <br /> <br />COMPENSA TION OF MHN <br /> <br />4.1 Monthly Fee. Client shall pay to MHN a Monthly Fee equal to four dollars and five cents ($4.05) <br />per Eligible Employee. The Monthly Fee shall be due and payable on or before the fU'St day of each month <br />during the Term. Notwithstanding the provisions of 4.3 below, if there is an increase or decrease in the <br />number of Covered Persons, MHN shall be entitled to adjust the compensation payment on a monthly basis. <br />In the event that Client fails to forward any compensation payment by the due date, Client shall pay MHN a <br />late payment penalty of one percent (1 %) per month on all monies outstanding in excess of thirty (30) days. <br />If the Monthly Fee is not received by MHN as set forth above, MHN may send a Written Notice of <br />Termination effective on the last day of the month for which full payments were received. The Client may <br />automatically reinstate the Agreement by remitting, within fifteen (15) days of the date of Written Notice of <br />Termination, all outstanding invoiced Monthly Fees to MHN. <br /> <br />l..\~ Woof'n <br />~.'èR <br /> <br />4.2 Travel Expenses. Travel Expenses (and professional fees billed by providers for travel time) <br />incurred by MHN on behalf of Client are not included in the Monthly Fee and shall be billed by MHN to <br />Client as incurred, Client shall reimburse MHN for said expenses within thirty (30) days ofreceipt'of such <br />billing, <br /> <br />4.3 Adjustments to Fees. The Fees shall remain in effect for the Initial Term of this Agreement. <br />Thereafter, MHN may adjust the Fees upon thirty (30) days prior written notice to Client. If Client objects <br />to any such adjustment in the Fees and if MHN and Client are unable to reach an agreement with respect to <br />such adjustment, this Agreement shall be terminated upon five (5) days prior written notice by either party. <br />If no such notice is received by either party by the time that the adjusted Fee is to be effective, the parties <br />shall be deemed to have agreed upon the Fee adjustment as set forth in MHN's notice of adjustment. <br />Termination of this Agreement shall be the sole remedy for unresolved disputes relating to adjustment in the <br />Fees and such disputes shall, accordingly, not be subject to arbitration. <br /> <br />Y. <br /> <br />TERM AND TERMINA TION <br /> <br />5.1, Term. This Agreement shall commence upon the 1st day of January, 2003 (the "Effective Date"), <br />and shall initially continue in effect for a period of twelve (12) months, through the 31st day of December, <br />2003. following which it shall be automatically extended for successive periods of one (1) year, subject to <br />section 4.3. "Adjustment of Fees", unless either party terminates this Agreement in writing at least sixty (60) <br />days prior to the end of the then current Term, or unless otherwise terminated in accordance with the <br />provisions hereof. <br /> <br />5.2 Termination. Either party may terminate this Agreement with or without cause with a sixty (60) <br />day advance notice in writing to the other party; or either party may terminate this Agreement in writing if: <br /> <br />a) Either party materially breaches this Agreement, and such material breach continues for a period <br />of fifteen (15) days after written notice is given to the breaching party, specifying the nature of the breach <br /> <br />#5213/1::1912002 <br /> <br />Page 4 of 12 <br />