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IV, Administrative Fees: <br />A. Administrative fees during the term of the Agreement: <br />$60.50 per employee per month from October 1, 2008 through September <br />30, 2009 <br />$60.50 per employee per month from October 1, 2009 through September <br />30, 2010, <br />$62.31 per employee per month from October 1, 2010 through September <br />30, 2011, <br />B. Administrative fees after the termination of the Agreement: 15.0 % of <br />claims paid, <br />V. late Payment Penaltv <br />A. A daily charge of .00038 times the amount of overdue payment. <br />VI. Expected Enrollment <br />A. The administrative fees referenced above are based on an expected <br />enrollment of: 1,737. <br />B. If the actual enrollment is materially different from this expected enrollment, <br />BCBSF reserves the right to adjust the administrative fees as set forth In <br />the Agreement. Actual administrative fees will be charged based on actual <br />enrollment. <br />-B2- <br />i <br />