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AGREEMENT <br />between <br />INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS <br />and <br />JOHNS EASTERN COMPANY, INC. <br />for <br />THIRD PARTY ADMINISTRATION (TPA) SERVICES FOR THE SELF FUNDED <br />WORKERS' COMPENSATION AND LIABILITY PROGRAM <br />THIS AGREEMENT, made and entered into by and between INDIAN RIVER COUNTY BOARD <br />OF COUNTY COMMISSIONERS, a political subdivision of the State of Florida (hereinafter, <br />"IRC"), and JOHNS EASTERN COMPANY, INC. (hereinafter, "TPA"). <br />WHEREAS, IRC has undertaken to self -insure its Workers' Compensation and Third Party Liability <br />program in accordance with applicable Florida statutes and regulations; and <br />WHEREAS, TPA is engaged in the administration and supervision of Workers' Compensation and <br />Third Party Liability programs for self-insured entities; and <br />WHEREAS, TPA desires to provide and IRC desires to receive Workers' Compensation and Third <br />Party Liability Claims Administration Services as described under the terms and conditions of this <br />Agreement. <br />NOW, THEREFORE, in consideration of mutual covenants and conditions set forth herein, the <br />parties agree as follows: <br />ARTICLE 1 — RECITALS <br />1.1 Recitals. The Parties agree that the foregoing recitals are true and correct and that such <br />recitals are incorporated herein by reference. <br />ARTICLE 2 — TERM OF AGREEMENT <br />2.1 Term of Agreement. This Agreement is effective as of 12:01 a.m., October 1, 2019 and will <br />continue until 12:01 a.m., October 1, 2022. The term of the Agreement may, by mutual agreement by <br />IRC and TPA, be extended for up to two additional one-year periods. <br />ARTICLE 3 — COMPENSATION OF TPA <br />October 1, 2019 — October 1, 2020 <br />October 1, 2020 — October 1, 2021 <br />October 1, 2021 — October 1, 2022 <br />$218,545.00 <br />$225,102.00 <br />$231,855.00 <br />87 <br />