4.13 SR 11-15-2021 - Laserfiche WebLink

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6.6Funding of Risk.Premiums may be adjusted, but no retroactive assessment shall be made without consent and agreement by the affected Participant Members. Subject to their obligation to provide accurate information regarding the individuals who will receive benefits from a Pool, no Participant Member 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 Member withdrawal, this Agreement shall be ongoing. SECTION 8: LIABILITY OF PARTIES Any Participant Member to this Agreement holds the Trustees and its employees and its designees, and the SC and its Board, employees and designees, harmless from any and all causes of action arising at law or in equity unless such action shall arise from its or their gross negligence and is permitted, after application of all doctrines and statutes respecting immunity, by applicable law. The parties agree to waive any rights to litigation from any dispute arising out of this Agreement unless such action is the result of intentional wrongdoing. All benefits hereunder are the sole responsibility of the Provider (s) and the Participant Members, and shall not be the responsibility of the Trustees or the SC. SECTION 9: AGREEMENT BY PARTICIPATION Any governmental unit 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 occurred. Pursuant to all applicable state and federal laws, this Agreement has been approved by the governing boards of the parties and is signed by the duly authorized officers of the parties. PARTICIPANT MEMBER SERVICE COOPERATIVE ________________________________________ National Joint Powers Alliance ____________ Name of Organization Name of Organization ________________________________________ _______________________________________ Authorized signature Authorized Signature ________________________________________ _______________________________________ Name/Title Name/Title ________________________________ ________________________________ Date Date 13 Rev. 7/2015