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Docusign Envelope ID: 921 F7A24-D5CE-4BCC-9F3C-5E7844661266 promptly in a fiduciary account which shall be established and maintained by Administrator in a federally or state Eligible Person financial institution. Ore. Rev. Stat. § 744.730(1). 6.2 Administrator shall render an accounting to Insurer, on such frequency as stated in the Agreement, which details all transactions performed by Administrator pertaining to the business underwrit- ten by Insurer. Ore. Rev. Stat. § 744.720(c). 6.3 To the extent Administrator deposits in a fiduciary account charges or premiums collected on behalf of or for one or more insurers, Administrator shall keep clear records of the deposits in and withdrawals from the account on behalf of each insurer. Administrator shall keep copies of all the records and, upon request by Insurer, shall furnish Insurer with a copy of the records of the deposits and withdrawals pertaining to Insurer. Ore. Rev. Stat. § 744.730(2). 6.4 Administrator shall not pay any Claim by making withdrawals from a fiduciary account in which premiums or charges are deposited. Subject to the Agreement, procedures for withdrawals from the fiduciary bank account shall provide for: (1) remittance to an insurer entitled to the funds; (2) deposit in an account maintained in the name of Insurer; (3) transfer to and deposit in a Claims -paying account; (4) payment to a group policyholder for remittance to the insurer entitled to the funds; (5) payment to Admin- istrator for its commission, fees, or charges; or (6) remittance of return premiums to the person entitled to the funds. All Claims paid by Administrator from funds collected on behalf of Insurer shall only be paid on drafts or checks of, and as authorized by, Insurer. Ore. Rev. Stat. § 744.720(d), 744.730(3)-(4). 7. Records. 7.1 Administrator shall maintain in accordance with prudent standards of insurance record keeping complete books and records of all transactions performed by Administrator on behalf Insurer. Ad- ministrator shall make available to Insurer such books and records. Administrator shall maintain such books and records for a period of not less than five (5) years from the date of their creation. Ore. Rev. Stat. § 744.724(1). 7.2 Insurer shall own the records generated by Administrator pertaining to Insurer; however, Administrator shall retain the right to continuing access to the books and records to permit Administrator to fulfill all of its contractual obligations to Insurer, Eligible Persons and claimants. Ore. Rev. Stat. § 744.724(3). 7.3 The Director of the Department of Consumer and Banking Services of the State of Oregon shall have access to books and records of Administrator relevant to the Agreement for the purpose of ex- amination, audits, and inspection. Any documents, materials or other information in the possession or con- trol of the Director that are furnished by Administrator, Insurer, an insurance producer, or any employee or agent thereof in an investigation shall be confidential as provided in Oregon Revised Statute Section 705.137. Ore. Rev. Stat. § 744.724(2). 7.4 If Administrator and Insurer cancel the Agreement, Administrator may, by a written agree- ment with Insurer, transfer the books and records to a new administrator if the written agreement provides that Administrator is no longer responsible for retaining the records for the five-year period and the new administrator acknowledges in writing that it is responsible for retaining the books and records in the man- ner provided in this section. Ore. Rev. Stat. § 744.724(4). 154 This document is CONFIDENTIAL AND PROPRIETARY to RIGHTWAY Healthcare, Inc, and may not be reproduced, transmitted, published, or disclosed to others without the prior written authorization of RIGHTWAY Healthcare, Inc.