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EMPOWER ANNUITY INSURANCE COMPANY
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EMPOWER ANNUITY INSURANCE COMPANY
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Last modified
8/19/2024 4:00:40 PM
Creation date
10/9/2023 9:49:41 AM
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Contracts
Company Name
EMPOWER ANNUITY INSURANCE COMPANY
Contract #
A-2023-164
Agency
Finance & Management Services
Council Approval Date
9/19/2023
Expiration Date
9/30/2023
Insurance Exp Date
12/1/2024
Destruction Year
2028
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"Plan Administrator" means a designated employee or committee, or a third party retained by Plan <br />Sponsor or named in the Plan (other than Empower or one of its Affiliates), to be the "plan administrator" <br />and "named fiduciary" as defined by applicable law. <br />"Plan Data" has the meaning set forth in the Data Security & Privacy Addendum, attached as Exhibit 1. <br />"Plan Sponsor" means the Plan Sponsor identified above, the Plan Administrator, named fiduciaries, and <br />other delegates of the Plan Sponsor (other than Empower or one of its Affiliates) as dictated by the context. <br />"Services" means the services provided by Empower or an Empower Affiliate, as applicable, acting as a <br />service provider Directed by the Plan Sponsor to perform such Services under an applicable Schedule. <br />Empower shall provide the Services in a non -fiduciary capacity (except where Empower acknowledges its <br />fiduciary status in writing). The provision of Services shall be governed by the terms and conditions set <br />forth in this MSA, by applicable law and regulations and any additional terms and conditions contained in <br />the applicable Schedule. <br />2. SCOPE OF THE AGREEMENT <br />This MSA sets forth the terms and conditions pursuant to which Plan Sponsor may receive Services <br />from Empower or an Empower Affiliate, as the case may be, pursuant to a separate Services Schedule <br />attached hereto. These terms and conditions will be deemed to be incorporated by reference into each and <br />every Schedule entered into between the parties. Each Schedule will be a separate agreement between <br />Plan Sponsor and the Empower Affiliate that enters into the Schedule. All references to "Empower" in this <br />MSA will be deemed references to Empower or the Empower Affiliate, as the case may be, that entered <br />into the Schedule. <br />3. FEES/CHARGES <br />3.1 Fees / Charges. Plan Sponsor agrees to pay Empower for the Services in accordance with <br />the terms of each Schedule or attachment hereto. Unless otherwise Directed by the Plan Sponsor, the Plan <br />Sponsor hereby Directs Empower to deduct applicable Plan expenses from the Plan and/or Participant <br />accounts, as applicable. <br />4. CONFIDENTIALITY <br />4.1 Confidential Information. In order to perform the Services, both parties may have access <br />to certain information of the other party, including, without limitation, trade secrets, commercial and <br />competitively sensitive information of the party related to business methods or practices, and proprietary <br />information, software or websites of a party ("Confidential Information"). For the purpose of clarity, any <br />software orwebsite owned, licensed, or made available by Empower ("Empower Software") Is Confidential <br />Information of Empower. The parties mutually agree to hold all Confidential Information of the other party <br />In confidence and not to disclose any Confidential Information of the other party to anyone except the <br />parties' Affiliates, suppliers, and respective personnel in connection with the performance or receipt of <br />Services hereunder, or as otherwise directed or approved by the other party or its agents. Confidential <br />Information does not include: information that is otherwise in the public domain through no action of the <br />non -disclosing party; information that is acquired by a party from a person other than the other party or Its <br />City OF Y ounce — 19 — 7 9/19/2023 <br />
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