My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Benefit Plans Administrative Services 12/26/2018
>
Contracts
>
Agreement
>
Professional Services (PSA)
>
Benefit Plans Administrative Services 12/26/2018
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
1/17/2019 10:42:27 AM
Creation date
1/17/2019 10:40:55 AM
Metadata
Fields
Template:
Contracts
Contractor's Name
Benefit Plans Administrative Services
Approval Date
12/26/2018
Council Approval Date
12/12/2018
Department
Human Resources
Department Project Manager
Sharon DeHaan
Subject / Project Title
HRA VEBA Account for LEOFF Trust Plan B
Tracking Number
0001615
Total Compensation
$0.00
Contract Type
Agreement
Contract Subtype
Professional Services
Retention Period
6 Years Then Destroy
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
72
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
11 Paae <br /> will provide to Plan Sponsor, Plan Administrator, and/or their legal counsel, upon request and subject to any <br /> limitations described in this Agreement, any documentation in BPAS' possession that may relate to such claim for <br /> benefits and/or expenses. <br /> Litigation with Third Parties. A party claiming indemnification pursuant to this Section 4.01 must give the other <br /> party prompt written notice of such claim. The parties shall cooperate with each other to assist in the defense of <br /> any claim. An indemnified party may assume the defense of such claim, in which case the indemnifying party will <br /> not be liable to the indemnified party for the losses or any expenses subsequently incurred by the indemnified <br /> party in defending such action or claim. No indemnified party may settle any claim without the approval of the <br /> indemnifying party. <br /> Mitigation Efforts. Both BPAS and the Plan Sponsor and Plan Administrator agree to use commercially reasonable <br /> efforts to mitigate their own, as well as each other's, liability, damages, and other losses suffered in connection <br /> with this Agreement, including where any liability, damages or losses can be mitigated by lawfully pursuing <br /> recovery from Covered Persons or other third parties, and each of BPAS and the Plan Sponsor and Plan <br /> Administrator will conduct or permit diligent efforts to so recover. Furthermore, each party agrees to use <br /> commercially reasonable efforts to minimize the length and effects of delays that occur due to the occurrence of a <br /> Force Majeure event. <br /> BPAS shall use due care transmitting data through the NSCC. BPAS' liability hereunder is limited solely to data <br /> processing errors resulting from: (i) malfunction of BPAS' equipment, (ii) error by BPAS' employees or agents; or <br /> (iii) error by BPAS' computer software. BPAS' liability hereunder is limited solely to restoring the Participant <br /> and/or the Trust to the same position it/he would have been in had the error not occurred. However, should the <br /> Participant and/or Plan Administrator choose not to initiate any and all actions on their part to effect the change, <br /> BPAS will not be required to make any restoration to the Trust. BPAS shall make a good faith effort to correct any <br /> error caused by BPAS' performance, provided that the Plan Administrator notifies BPAS in writing of such error <br /> and furnishes all data necessary to make such correction within thirty (30) days following the date of delivery of a <br /> benefit statement that contains the data relating to the claimed error. (The Participant will have received a <br /> confirmation of the transaction separately and in advance of receiving the benefit statement and the results of <br /> the transaction also shall have been posted on the internet shortly after said transaction has been completed). To <br /> the extent permitted by law, in the absence of intentional misconduct or gross negligence of BPAS or any of its <br /> employees or agents, BPAS shall not be liable for punitive damages or for loss of profit, goodwill, or other special, <br /> incidental or consequential damages suffered by the Trust, the Plan Sponsor, the Plan Administrator, an agent of <br /> the Plan, or a Participant as a result of BPAS' performance under this Agreement. <br /> While BPAS is in the business of VEBA administration, BPAS does not provide tax or legal advice. Each party to this <br /> Agreement acknowledges that it has been afforded the opportunity to be represented by counsel in connection <br /> with this Agreement and the actions contemplated by this Agreement. Any rule or law or any legal decision that <br /> would require interpretation of any claim to ambiguities in this Agreement against the party that drafted it has no <br /> application and is expressly waived. <br /> Section 4.02 Force Majeure. Neither party shall have liability for failure to perform its obligations under this <br /> Agreement if such failure is due to an event which prevents a party from performing its obligations under this <br /> Agreement that is due to a cause that is beyond its reasonable control, including, but not limited to, an act of God, <br /> act or omission of the other party, act of any government or regulatory body (whether civil or military, domestic <br /> or foreign), cyber attacks, acts of terrorism, fire, explosion, flood, earthquake or other natural or man-made <br /> disaster, epidemic, sabotage, war, riot, civil disturbance, strike, or lockout. <br /> VEBA Administrative Service Agreement (405512) <br />
The URL can be used to link to this page
Your browser does not support the video tag.