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D. Administrator's failure to charge oral lect a service charge and/or interest flim Client shall not waive or <br />otherwise limit in any respect any! right of Administrator under this A pkment to charge or collect a <br />s%e charge antlfeta fnterest $ '(. <br />ARIX32 VI-TIM ANDTZNWMitTm* <br />A The aoitiai tem tlda A <br />Sopwrit shall coapj►p Effective Date and shall continue in effect, unless <br />sooner t as ptttVidettfierein, fora period of onei(1) year after the Effective Date gw' Initial Term"). <br />Wass either:hrty gives thwather Party written notice 41h; intention to, terminate in the manner <br />prescribed i8 Adiele VMS b0) at leasf aLitty days'h advance ofthe expiration tt>li then applicable <br />Initial Term or Renewal Vett tits the case maybe), the Term of this Agreement shall automatically renew <br />year renewal terms (each, a "Renewal Team without an addititllA <br />ad extend..for additional eteae (1) y ") y i <br />on the,put4either Party (unless sooner terminated as provided herein go $Ub'W to the consequences of <br />any such t imttiqti) Administrator may terminate this Agreement at any time if its contractual <br />�eutt v+►fthtPIDM terminates by giving at least sixty (60) days priorwritten notteeofthe termtnatfiarbt t+i' <br />this Agreement to Client. ; <br />B. Elft Party.sWUrminate thlit Agreement upon written=dwto the other Party if, as aresult <br />injm tUrigloorobligatiow6fthe requesting Party would be materially and adversely affecM , a i <br />tenninittion shall be of ective on the day immediately preceding the effective date of such chiftoo <br />otied to ft provisions of immediately following sentence. Notwithstanding the foregoing sentettc4: 1 o <br />Ptltrtlels heob$ agree to use prompt, good faith efforts to renegotiate the terms of this Agreement. <br />Parties successfully dude such negotiations prior to the effective date of the change in .: <br />Agreement shall not Inata told shall be amended to re tiect the negotiated terms mutually agrftililfift by <br />daPitt. in tltte 4"irt *e:Ptttt es are unable to successfully conclude and reach mutual agreement throtrgllE f <br />such Wod this Agreement shall terminate as provided above and here n. f <br />i <br />C On aid ft the dat4 d. this Agreement, AbWstrator shall iter clti ated to a>tab <br />administrative serv'ti provilded for in this Agreement ,as .'bave been commenced prior 0 Vr dw 0 <br />termination. Therefore, Prescription Drug Claims incurred esr reported after the date of teitttfinaf tltea.tlLe <br />sow <br />r 1f a ; p laiaftfisttio o"l istrator. Furthermore, termination of this <br />Agreeni(erit glial tett ra0 IMAt of tis obligation tit pay Administrator for any outstanding Prescription <br />Drug Claims, charges, furs Ouluding without limitation any applicable service charges), 'bkterest a�s1 I <br />reasone* qmawdi�*Wsts aW ' fees by, AdministraW associated with such t;ol lection&. <br />tt <br />However, upon rtination of flus Agreement, l istrator shall not have any obligation to transition <br />JPsescr ption Drug Claims files and/or history Ad vontains PBM and%etr Administrator cost and pricing <br />lullbrmation to fps new preser benefit manager or *W, *dW *W party. <br />D. Administtt OW,, it► its sole and absolute discretion, suspend performance stirterminate this Agreement at <br />any time W'-'- gl any advane►amttice, written or other 6l tl Uient (or ,w*,-9ther party) and without <br />penalty c t'liabirdy. *rater, li osW it(l) Client fails to make t�-fisyment ofthe lives for Prescription Drug <br />Claims, the Admiti�ees or any other applicable payments owed to Administrator in accordance with <br />the tertgs mW trot eke Agreement or, if requested, does not provide a deposit to AdministraW as <br />provided in Adele V.0 abo%(2) Client makes an assignment for the benefit of creditors, (3) Client is,6e <br />subject oft Voluntary or invalootaty petition #or bankruptcy or is adjudicated insolvent or bankrupt, or M et <br />receiver or trustee is appointed for any portion of C061''4 qty. <br />E Tuainatimof this A wriant sW1 W ormibate WWAM's t ►ts:ari i cii►7igations under Agdikl= . <br />I <br />lied . Articla IV (Piidaucf t tgemen* At V#40 Payments .Axticle Vt C; lg <br />ation), ArtialoVi A(f4vtices), Article VJWV(, g l w{ Vibi w!Consent to <br />As** Vill.D (Entire 4itt; Construction), i k tltft[iknll l 'itpthe Parties } <br />COBRA t±il A , Duties) and the Glib.Application ifap icabfsi, <br />r and obligations shall expressly survive ateyiel tdermination. <br />AWl+t VU— MMMNIFWATION <br />i <br />lit{' MR IIIISTIOl1l1f#M WE 94FORMA1 001 t 'PAINED HEREIN IS CONFIDE"ZJ"�-Y,**P1 Y <br />Al!ip CM SLCRIM OF ESI AND ttXBENEFIT,♦l i <br />t$ 85 <br />j <br />