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Docusign Envelope ID: 921 F7A24-D5CE-4BCC-9F3C-5E7844661266 <br />8. Maintenance of Records. <br />8.1 Administrator shall maintain and make available to Insurer complete books and records of <br />all transactions performed on behalf of Insurer. The books and records shall be maintained in accordance <br />with prudent standards of insurance record keeping and must be maintained for a period of not less than <br />five (5) years from the date of their creation. R.I. Gen. Laws § 27-20.7-5(a). <br />8.2 The commissioner shall have access to books and records maintained by Administrator for <br />the purposes of examination, audit and inspection. Any documents, materials or other information in the <br />possession or control of the department of business regulation that are furnished by Administrator, Insurer, <br />a producer, or an employee or agent acting on behalf of Administrator, Insurer or a producer, or obtained <br />by the commissioner in an investigation, shall be confidential by law and privileged, shall not be subject to <br />chapter 2 of title 38, shall not be subject to subpoena, and shall not be subject to discovery or admissible in <br />evidence in any private civil action. The commissioner is nevertheless authorized to use the documents, <br />materials or other information in the furtherance of any regulatory or legal action brought as a part of the <br />commissioner's official duties. R.T. Gen. Laws § 27-20.7-5(b). <br />8.3 Insurer shall own the records generated by Administrator pertaining to Insurer. Adminis- <br />trator shall retain the right to continuing access to books and records to permit Administrator to fulfill all <br />of its contractual obligations to Eligible Persons, claimants and Insurer. R.I. Gen. Laws § 27-20.7-5(g). <br />8.4 In the event Insurer and Administrator cancel the Agreement, notwithstanding the provi- <br />sions of R.I. Gen. Laws § 27-20.7-5(a), Administrator may, by written agreement with Insurer, transfer all <br />records to a new administrator rather than retain them for five (5) years. In those cases, the new adminis- <br />trator shall acknowledge, in writing, that it is responsible for retaining the records of Administrator as re- <br />quired in R.I. Gen. Laws § 27-20.7-5(a). R.I. Gen. Laws § 27-20.7-5(h). <br />9. Payments to Administrator. The Parties agree that Administrator will not collect premiums or <br />charges for insurance paid by or on behalf of any Eligible Persons for Insurer. Payment of return premiums <br />or Claim payments forwarded by Insurer to Administrator, if any, shall not be deemed to have been paid to <br />the Eligible Person or claimant until the payments are received by the Eligible Person or claimant. Nothing <br />in this section limits any right of Insurer against Administrator resulting from the failure of Administrator <br />to make payments to the Insurer, Eligible Persons or claimants. R.I. Gen. Laws § 27-20.7-4. <br />10. Compensation to Administrator. <br />10.1 Administrator shall not enter into an agreement or understanding with Insurer in which the <br />effect is to make the amount of Administrator's commissions, fees, or charges contingent upon savings <br />effected in the adjustment, settlement and payment of losses covered by Insurer's obligations. This provi- <br />sion shall not prohibit Administrator from receiving performance-based compensation for providing hospi- <br />tal or other auditing services. R.I. Gen. Laws § 27-20.7-9(a). <br />10.2 This section shall not prevent the compensation of Administrator from being based on pre- <br />miums or charges collected or the number of Claims paid or processed. R.I. Gen. Laws § 27-20.7-9(b). <br />11. Notice and Disclosure of Charges and Fees. <br />159 <br />This document is CONFIDENTIAL AND PROPRIETARY to RIGHTWAY Healthcare, Inc. and may not be reproduced, <br />transmitted, published, or disclosed to others without the prior written authorization of RIGHTWAY Healthcare, Inc. <br />