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III, CANCELLATION <br /> Either Party shall have the right to terminate the Agreement by giving to the other Party written <br /> notice of such termination at least thirty (30) days in advance. IRC failure to pay or object to the <br /> PGCS service fee as provided in Item IV, Section B of this Agreement within the time limit <br /> allowed by the Florida Prompt Payment Act, 218 . 70 F . S . shall be construed as a breach of the <br /> Agreement and, in such event, PGCS shall have the right to terminate the Agreement by giving <br /> IRC ten ( 10) days' written notice of its intention to terminate. Upon termination of this Agreement, <br /> neither Party shall have any further responsibility or obligation hereunder except as provided in <br /> Item IV, Section D of this Agreement. <br /> IV. AGREEMENT <br /> A. Services to be Performed by PGCS . PGCS agrees to perform the following <br /> services : <br /> 1 . With regard to CLAIMS ADMINISTRATION, PGCS shall : <br /> a. Review all claim and loss reports submitted by IRC to PGCS <br /> during the term of this Agreement and process each <br /> submitted claim or loss report in accordance with <br /> administrative notification requirements . <br />