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2010-169
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2010-169
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Last modified
2/19/2016 4:35:22 PM
Creation date
10/1/2015 2:21:03 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
07/13/2010
Control Number
2010-169
Agenda Item Number
8.F.
Entity Name
JAG Enterprises LLC, d.b.a. Benefits Workshop
Subject
Administrative Services Agreement Flexible Spending Account
Supplemental fields
SmeadsoftID
9732
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P <br /> In consideration of mutual promises set forth below, Plan Sponsor and JAG agree as follows : <br /> L RECITALS <br /> 1 . 1 The Plan. The Plan Sponsor has established a Health Care Flexible Spending Account <br /> and Dependent Care Flexible Spending Benefit qualified under Internal Revenue Code <br /> Sections 105 , 129 and 125 for the provision of benefits to its employees and their <br /> dependents . These benefit programs are collectively referred to as the "Plan" . The Plan <br /> includes definitions of the benefits payable, conditions applicable to or liniting payment <br /> of benefits and the persons entitled to receive benefits . <br /> 1 . 2 Plan Description . The benefits, exclusions, limitations , conditions and the benefit levels <br /> of the Plan are as described in the Plan Document(s). <br /> 1 . 3 Expertise JAG has expertise in the administration of Internal Revenue Code <br /> Section 1. 05 , 125 and 129 plans . <br /> 1 . 4 Retention of Services ffiPlaii Sponsor desires to retain JAG as the administrator for the <br /> limited purpose of providing certain administrative services as set forth in Section IV <br /> of this Agreement. <br /> 1 . 5 Financial Risk . Only certain enumerated administrative services will be performed by <br /> JAG under this Agreement. Plan Sponsor will assume all financial risks associated <br /> with the Plan excluding any damages caused by JAG ' s failure to abide by the terns of <br /> this Agreement and will have the final authority for approval or disapproval of <br /> any disputed or doubtful claim . <br /> II . RELATIONSHIP OF THE PARTIES <br /> 2 . 1 Limitation of Authorily . It is understood and agreed that Plan Sponsor has full and final <br /> authority and responsibility for the Plan and its operation . JAG shall not have any duty or <br /> power to act on behalf of Plan Sponsor In connection with the Plan other than as <br /> expressly stated. in this Agreement . <br /> 2 . 2 Privity of Contract. This Agreement creates no rights or obligations between JAG and <br /> the persons covered under the Plan . It is understood and agreed that such persons are <br /> not, and shall in no event be construed as , third parry beneficiaries of this Agreement and <br /> that no privity of contract shall exist between such persons and JAG . <br /> 2 . 3 Legal Action . JAG shall advise Plan Sponsor in writing of all matters which come to their <br /> attention involving potential or commenced legal actions against JAG, the Plan, or Plan <br /> Sponsor. It is understood and agreed that JAG shall fully cooperate with Plan Sponsor <br /> in Plan Sponsor's defense of actions arising out of matters related to services rendered <br /> under this Agreement. The Plan Sponsor agrees to reimburse JAG for all reasonable <br /> costs incurred as the result thereof excluding costs incurred as a result of JAG ' s failure to <br /> perform as required by this Agreement . <br /> Page 2 <br />
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