3.8. SR 11-15-2004 - Laserfiche WebLink

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6.6 Funding of Risk. Premiums may be adjusted, but no retroactive assessment shall be made without consent and agreement by the affected Participants. Subject to their obligation to provide accurate information regarding the individuals who will receive benefits from a Pool, no Participant or its employees shall bear any financial risk other than the agreed upon premium. SECTION 7 LENGTH OF AGREEMENT AND TERMINATION Pursuant to Minn. Stat. 471.59, Subd. 4, but subject to the provisions herein relating to Participant withdrawal, this Agreement shall be ongoing. SECTION 8 LIABILITY OF PARTIES Any Participant to this Agreement holds the Board and its employees and it designees, and the SC ano its board, employees and designees, harmless from any and all causes of action arising at law oJ' in equity unless such action shall arise from its or their gross negligence and is permitted, after application of all doctrines and statues respecting immunity, by applicable law. The parties agree to waive any rights to litigation from any dispute arising out of this Agreement unless such actionis the result of intentional wrongdoing. All benefits hereunder are the sole responsibility of the provider(s) and the Participants, and shall not be the responsibility of the Board or the SC. SECTION 9 AGREEMENT BY PARTICIPATION Any governmental unit, and any nonprofit or non-governmental entity, which participates in any of the !Group Employee Benefits or Other Financial and Risk Management Services and remits premiUm and/or contract charges in accordance with this Agreement, shall be deemed to have approved this Agreement and, in the case of an eligible governmental unit, to have executed this Agreement by its duly authorized officers, and shall be bound by the terms and conditions of this Agreement to the same extent as if such formal approval had been obtained and such execution had ocburred. 090299 12