Laserfiche WebLink
4. CLARITY RESPONSIBILITIES <br />4.1 Processing of Participant Data Clarity will process updated participant data from Client in relation <br />to enrollment, deposits and certain demographic information. <br />4.2 Reports on Plan Activitj+_ Clarity will provide Client with periodic reports reflecting plan activity. <br />4.3 . Enroliment/Re-Enrollment Materials. When requested by Client, Clarity will provide Plan <br />enrollment/re-enrollment materials as offered by Clarity. Final approval and distribution of Plan enrollment <br />materials are the responsibility of Client. <br />5. ACCOUNT FUNDING OPTIONS <br />5.1 Electronic Funds Transfers. In regard to electronic funds transfers, Client shall comply with and be <br />subject to the Operating Rules of the National Automating Clearing House (NACHA) governing these methods <br />of payment, as such rules shall, from time to time, be in effect among banks that participate in NACHA. Client <br />also acknowledges that, In order to implement the Services which include ACH transactions, Client will be the <br />Originator of the ACH transactions and will follow and be bound by the rules for ACH Originators as adopted <br />from time to time by the NACHA. Client agrees that it has assumed the responsibilities of an Originator under <br />the ACH Rules and acknowledges that entries may not be initiated in violation of the laws of the United States. <br />Client agrees to indemnify and hold Clarity harmless from any claim incident to the operation of this plan <br />arising from an act or omission of Client with respect to ACH transactions. Clients liability shall be <br />limited to the amounts set forth in section 768.28, Florida Statutes. <br />6. DESIGNATION OF REPRESENTATIVE <br />Client shall appoint one (1) representative who shall act as its liaison with Clarity. Clarity shall be <br />entitled to rely on the representations and statements of Client's liaison as binding on Client, without having <br />to confirm them with any of Client's other employees, principals, executives or any other representatives. <br />Clarity shall make a similar appointment. <br />7. TERM <br />This Agreement shall become effective as of the date set forth above, and will continue in effect until <br />it is terminated as provided herein. <br />8. TERMINATION OF SERVICES <br />8.1 Notice of Termination. Client is to notify Clarity in writing at least sixty (60) days in advance of <br />termination. After the first year of the Term hereof, Clarity will assess a termination fee equivalent to two (2) <br />months of the average billed amount if Client terminates service without sixty (60) days advance notice. <br />Clarity may also terminate this Agreement for cause upon sixty (60) days written notice to Client. <br />9. Confidentiality <br />9.1 Definition of Confidential Information The term "Confidential Information" includes all non- <br />public information about the Parties operating and performing under this Agreement; and all information about <br />the Parties which each, respectively, considers confidential or proprietary, even if not designated as such, and <br />including the Materials, Work Product, and Documents (as defined herein), and whether or not labeled as <br />"Confidential Information". Such Confidential Information shall also include, but is not limited to, all the Parties <br />list of clients, employees and participants, as applicable to the Party, and sources of referrals; <br />860520 <br />11.2.2016 <br />2 <br />