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D. Funding Frequency: Daily <br />E. Method of Funding. ACH <br />IV. Administrative ,Fees. <br />A. Administrative fees during the term of the Agreement: <br />$53.25 per enrolled employee per month from July 1, 2010 through <br />September 30, 2011 <br />$54.32 per enrolled employee per month from October 1, 2011 <br />through September 30, 2013 <br />B. Administrative fees after the termination of the Agreement: 15-0,of <br />claims paid. wK� <br />C. if contract is terminated before October 1, 2012, the termination fee <br />is $125,000 paid within sixty days of termination, and if after October <br />1, 2012, no termination fee will be paid to BCBSF. <br />V. late Payment Penalty <br />A. A daily charge of .00038 times the amount of overdue administrative <br />fees. <br />Vl. Expected Enrollment <br />A. The administrative fees and reserve requirement referenced above <br />are based on an expected enrollment of: 1,665. <br />B. If the actual enrollment is materially different from this expected <br />enrollment, the Administrator reserves the right to adjust the <br />administrative fees and the reserve requirement as set forth in the <br />Agreement. Actual administrative fees will be charged based on <br />actual enrollment. <br />-2- <br />i <br />