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ADDENDUM NUMBER I <br /> TO SERVICE CONTRACT FOR <br /> AUTOMOBILE LIABILITY, GENERAL LIABILITY, PROPERTY AND <br /> WORKERS' COMPENSATION CLAIMS HANDLING <br /> This is the FIRST Addendum to the Agreement entered into between Johns Eastern Company, Inc., <br /> hereinafter called the SERVICE AGENT, and INDIAN RIVER BOARD OF COUNTY COMMISSIONERS, <br /> hereinafter called the EMPLOYER, dated the 24th day of October. <br /> This Addendum affects the remuneration to be paid by the EMPLOYER to the SERVICE AGENT for <br /> the handling of claims with a date of loss of October 1 , 2006 through September 30, 2007. All other terms of the <br /> original Contract remain unchanged. <br /> The remuneration to be paid to the SERVICE AGENT under this Agreement by the EMPLOYER for <br /> workers' compensation claims handling and safety services during the term of this Agreement shall be as follows: <br /> 5 . Compensation for the Service Agent: For performing its services under this Agreement, the Service Agent <br /> shall be entitled to the following compensation : <br /> a. Fees for workers ' compensation exposures whose dates of loss fall between October 1 , 2006 and <br /> September 30, 2007 will be a minimum and deposit of $62,350.00. We will bill this minimum and <br /> deposit in four quarterly installments of $ 15 ,587.50, with the first payment due on October 1 , 2006_ <br /> This fee contemplates handling 150 workers ' compensation exposures . If the number of exposures <br /> exceeds 150, then the fees will be SI 50.00 per medical only exposure and 5995 .00 per indemnity <br /> exposure. <br /> b. Fees fornon-workers ' compensation exposures whose dates of loss fall between October 1 , 2006 and <br /> September 30, 2007 will be a minimum and deposit of $ 13 ,400. 00 . We will bill this minimum and <br /> deposit in four quarterly installments of $3 ,350.00, with the first payment due upon program inception. <br /> This fee contempl ates handling 22 non-workers ' compensation exposures . If the number of exposures <br /> exceeds 22, then the fees will be: <br /> General Liability/BI $649.00/exposure <br /> General Liability/PD $449.00/exposure <br /> Law Enforcement/Prof Liab. $950.00/exposure <br /> Auto Liability/BI $649 . 00/exposure <br /> Auto Liability/PD $449 .00/exposure <br /> Physical Damage $295 .00/exposure <br /> Errors & Omissions $950.00/exposure <br /> Commercial Property $495 .00/exposure <br /> C. The Arthur J . Gallagher administration fee will be $5 ,000.00 covering October 1 , 2006 through <br /> September 30, 2007. <br /> All other service fee terms and rates outlined in the original contract remain unchanged. <br /> 6 . Excess Reporting Obligation - Unless otherwise specified in this addendum, Service Agent agrees that <br /> reporting claims to excess insurance carrier is the Service Agent' s responsibility. It is the responsibility of the <br /> Employer/Broker to provide accurate coverage information regarding any insurance policies insuring claims <br /> covered by this contract. New insurance information on renewal years will be provided as soon as available and <br /> can be provided in the form of an Insurance Binder in the interim of receiving actual policies_ Excess <br /> information will include name and claims reporting address and phone number of all carriers, policy number, <br /> effective dates, limits of liability, deductibles, specific retentions and loss funds. Actual policies will be <br /> provided as soon as available. This information is required for each claim year that the Service Agent is <br /> handling for the employer. If this information is not made available as outlined in this paragraph, Service Agent <br /> will not be responsible for any penalties, interest, or reductions in excess recoveries because of late reporting. <br /> 7. Continuing Handling of Claims After Termination of Contract or Legally Imposed Mandates . Upon <br />