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Docusign Envelope ID: 921F7A24-D5CE4BCC-9F3C-5E7844661266 11.1 Administrator shall provide a written notice approved by Insurer to Eligible Persons advis- ing them of the identity of, and relationship among, Administrator, the Eligible Person and Insurer. R.I. Gen. Laws § 27-20.7-10(a). 11.2 When Administrator collects funds, the reason for collection of each item must be identi- fied to the Eligible Person and each item must be shown separately. Additional charges may not be made for services to the extent the services have been paid for by Insurer. R.I. Gen. Laws § 27-20.7-10(b). 11.3. Administrator shall disclose to Insurer all charges, fees and commissions received from all services in connection with the provision of administrative services for Insurer, including any fees or com- missions paid by insurers providing reinsurance. R.I. Gen. Laws § 27-20.7-10(c). 12. Fiduciary Account and Payment of Claims. 12.1 The Parties agree that Administrator will not collect insurance charges or premiums on behalf of or for Insurer. The return of premiums received from Insurer, if any, shall be held by Administrator in a fiduciary capacity. The funds shall be immediately remitted to the person or persons entitled to them or shall be deposited promptly in a fiduciary account established and maintained by Administrator in a federally or state Eligible Person financial institution. The Agreement shall provide for Administrator to periodically render an accounting to Insurer detailing all transactions performed by the administrator per- taining to the business underwritten by Insurer. R.I. Gen. Laws § 27-20.7-8(a). 12.2 If charges deposited in a fiduciary account have been collected on behalf of or for one or more insurers, Administrator shall keep records clearly recording the deposits in and withdrawals from the account on behalf of each insurer. Administrator shall keep copies of all the records and, upon requests of Insurer, shall furnish Insurer with copies of the records pertaining to the deposits and withdrawals. R.I. Gen. Laws § 27-20.7-8(b). 12.3 Administrator shall not pay any Claim by withdrawals from a fiduciary account in which charges are deposited. Withdrawals from the account shall be made as provided in the Agreement. The Agreement shall address, but not be limited to, the following: (1) Remittance to an insurer entitled to re- mittance; (2) Deposit in an account maintained in the name of Insurer; (3) Transfer to and deposit in a Claims paying account, with Claims to be paid as provided for in R.I. Gen. Laws § 27-20.7-8(d).of this section; (4) Payment to a group policyholder for remittance to the insurer entitled to the remittance; (5) Payment to Administrator of its commissions, fees or charges; and (6) Remittance of return premium to the person or persons entitled to the return premium. R.I. Gen. Laws § 27-20.7-8(c). 12.4 All Claims paid by Administrator from funds collected on behalf of or for Insurer shall be paid only on drafts or checks of and as authorized by Insurer. R.I. Gen. Laws § 27-20.7-8(d). 160 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.