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2021-089B
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2021-089B
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Last modified
10/5/2021 10:40:18 AM
Creation date
10/5/2021 10:39:12 AM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
06/22/2021
Control Number
2021-089B
Agenda Item Number
8.D.
Entity Name
P&A Administrative Services, Inc.
Subject
Flexible Benefits Administration Services Agreement
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DocuSign Envelope ID: FAA4141C-02DF-41B5-A6D3-14CDB4ABD65B <br />practicable. <br />C. The Employer shall provide P&A with the funds necessary to pay all claims that qualify for <br />reimbursement under the Plan. P&A shall not be obligated to advance funds to the Employer for this <br />purpose. <br />d. The Employer shall be responsible for assuring that withholding from its payroll is <br />consistent in all respects with salary reduction elections made under the Plan and for preparing Forms <br />W-2 that reflect benefits that were received by Participants during the reporting year to the extent <br />required by law. <br />4. Responsibilities of the Parties and Indemnification. <br />a. The responsibilities and liabilities of P&A are only those set forth herein, and no others <br />shall be implied. P&A shall have no duty or authority to make, or to compel the Employer to make <br />payment of any benefit under the Plan. Except for its own misconduct or negligence, P&A shall not <br />indemnify the Employer or any other provider of benefits under the Plan, with respect to its liability to pay <br />benefits to Participants. <br />b. Except for its own misconduct or negligence, neither P&A nor any of its officers, directors, <br />or employees, nor any agent of or counsel for any of the foregoing, shall be liable to anyone at any <br />time interested in the Plan, for any act or omission in providing services hereunder. P&A shall <br />indemnify and hold harmless the Employer from any claim, liability, obligation or charge arising out of <br />P&A's misconduct, negligence or other wrongdoing in connection with activities or responsibilities <br />arising out of or relating to this Agreement. The Employer shall indemnify and hold harmless P&A from <br />any claim, liability, obligation or charge arising out of the Employer's misconduct, negligence or other <br />wrongdoing in connection with activities or responsibilities arising out of or relating to this Agreement. <br />Such obligations of Employer shall be only to the limits set forth in section 768.28, Florida Statutes. <br />5. Term; Termination. <br />(a) The initial term of this Agreement shall commence on the Effective Date and shall end on the <br />last day of the first twelve-month Plan Year commencing on or after that date. Thereafter, this Agreement <br />shall automatically renew for each additional Plan Year unless one of the parties hereto gives the other <br />party notice in writing of its desire to terminate the Agreement as of the end of a specified Plan Year not <br />less than sixty (60) days prior to the end of that Plan Year. Notwithstanding the foregoing, this <br />Agreement shall terminate (a) automatically if either party is adjudicated a bankrupt or suffers <br />appointment of a temporary or permanent receiver, trustee or custodian for all or a substantial part of <br />their assets, which shall not be discharged within thirty (30) days of appointment, or makes an <br />3 <br />
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