E. Client acknowledges that Administrator may, in its sole discretion, compensate brokers and/or third -party
<br />consultants from monies received or due to be received by Administrator pursuant to the provisions of this
<br />Agreement.
<br />F. Client expressly acknowledges, agrees, understands and confirms that (i) Administrator receives or may
<br />receive fees, rebates, commissions, payments and other remuneration from and through various sources,
<br />including Client and PBM, (ii) Administrator has disclosed to Client herein that it receives or may receive
<br />such fees, rebates, commissions, payments and other remuneration from such sources, and (iii) upon
<br />reasonable advance written request by Client, through its authorized representative, Administrator agrees to
<br />provide Client with any additional information or data within Administrator's possession or control,
<br />including without limitation specific payment or financial information, relating to this Agreement and the
<br />terms hereof, both in connection with the execution of this Agreement by the Parties as of the Effective Date
<br />and thereafter during the Term of this Agreement, whether or not in connection with any filing with respect
<br />to Client's Plan or otherwise required of Client or the Plan under applicable law, provided that such
<br />information will be made available by Administrator at mutually convenient and reasonable times, intervals
<br />and places and at no out-of-pocket cost or expense to Administrator. In the event any information requested
<br />by Client pursuant to sub -section (iii) of this Article IV.F is subject to an obligation or covenant of
<br />confidentiality, Administrator agrees to exercise commercially reasonable efforts (provided, however, that
<br />such efforts shall not require Administrator to incur any out-of-pocket cost or expense) to obtain permission
<br />to disclose to Client any such information in Administrator's possession and/or control, subject to Client's
<br />execution of a confidentiality agreement with Administrator and any other applicable party in a form
<br />reasonably acceptable to Administrator and any such other applicable party. Administrator may pay Client's
<br />benefit advisor a service fee which may be in the form of a commission, marketing fee, incentive or other
<br />allowance.
<br />ARTICLE V — LATE PAYMENT
<br />A. If the Fees for Prescription Drug Claims, the Transaction Fees, the Administration Fees or any other
<br />applicable payments specified or provided for in this Agreement are not paid by Client and received by
<br />Administrator by the due date ofthe applicable invoice, then Client shall pay Administrator a service charge
<br />equal to five percent (5%) (or the maximum amount allowable under applicable law if such amount is less
<br />than 5%) of all then past due amounts. In addition to such service charge, any past due amounts (inclusive
<br />of service charges) will incur interest beginning on the due date and continuing thereafter until fully paid at
<br />a rate of twelve percent (12%) per annum (or the maximum amount allowable under applicable law if such
<br />amount is less than 12%).
<br />B. Furthermore, if payment of the Fees for Prescription Drug Claims, the Transaction Fees, the Administration
<br />Fees or any other applicable payments payable by Client are not received by the due date of the applicable
<br />invoice, Administrator may, at its option and upon seven (7) days' notice to Client and the same seven (7)
<br />days' opportunity to cure, cease or suspend the provision of administrative services provided by
<br />Administrator under this Agreement, and deactivate all prescription drug cards issued to the Members.
<br />Consult Article VI for Administrator's option and right to terminate this Agreement at any time if Client fails
<br />to make full and timely payment of such charges and fees (including any applicable late fees and interest) to
<br />Administrator.
<br />C. If at any time Administrator reasonably determines that Client may have difficulty meeting its financial
<br />commitments under this Agreement, Administrator may request from Client financial information,
<br />reasonable assurances, or both, satisfactory to Administrator as to Client's ability to timely and fully meet its
<br />commitments and responsibilities hereunder. Such assurances may include, without limitation,
<br />Administrator requiring Client to make a deposit in such amount reasonably sufficient in Administrator's
<br />judgment to secure Client's payment obligations. If Client provides Administrator with such a deposit,
<br />Administrator may apply the deposit to past due balances and shall return the remaining deposit, if any, after
<br />the termination of this Agreement and the payment of all amounts payable to Administrator hereunder. Any
<br />deposit made by Client hereunder shall not be deemed a Plan asset.
<br />NOT FOR DISTRIBUTION. THE INFORMATION CONTAINED HEREIN IS CONFIDENTIAL, PROPRIETARY
<br />AND CONSTITUTES TRADE SECRETS OF ESI AND RXBENEFITS
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