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1 there shall be two Risk Sharing Pools (i.e., from a <br /> Participant's Self-Insured Retention to $5,000,000 and from <br />3 $5,000,000 to $25,000,000). The Authority may establish one or <br /> more pools in subsequent Coverage Periods in compliance with <br />5 Secsion 9.3(b) hereof. <br /> <br /> 7 <br /> <br /> 9 <br /> <br />11 <br /> <br />13 <br /> <br />15 <br /> <br />17 <br /> <br />19 <br /> <br />21 <br /> <br />23 <br /> <br />25 <br /> <br />27 <br /> <br />29 <br /> <br />31 <br /> <br />33 <br /> <br />35 <br /> <br />37 <br /> <br />39 <br /> <br />41 <br /> <br />43 <br /> <br />45 <br /> <br />47 <br /> <br />49 <br /> <br /> "Settlement" means the settlement by the Authority or a <br />Participant, in accordance with the Memorandum, of a Claim <br />against such Participant, or the adjudication of such Claim <br />without further right of appeal. The amount of any Settlement <br />may include any costs or expenses deemed appropriate by the <br />Authority in connection ~herewith including Defense Costs as <br />described in the Memorandum. <br /> <br /> "SDecial Pure Premium Adjustments" means the Special Pure <br />Premium Adjustments payable pursuant to Section 4.6 hereof. <br /> <br /> "Supplemental Basic Premium" means, with respect to each <br />Participant, ten percent (10%) of the net Basic Premium payable <br />by such Participant on any Basic Premium Payment Date (after <br />credit to Basic Premium has been made pursuant to Section <br />4.4(b)(2) hereof). <br /> <br /> "Term of the Aqreement" means the time during which this <br />Agreement is in effect, as provided in Section 4.1 of this <br />Agreement. <br /> <br /> "Termination Premium" means the amount required to be paid <br />by a Participant to voluntarily terminate Coverage for a <br />Coverage Period and all future Coverage Periods, as set forth <br />in Sections 6.2 and 11.4 of this Agreement, or the amount <br />required to be paid to expel a Participant, as set forth in <br />Sections 6.3 and 11.4 hereof. <br /> <br /> "Total Premium" or "Premium" means, with respect to each <br />Participant, the sum of the Participation Premium and Pure <br />Premium Adjustment payable by such Participant in any Coverage <br />Period. <br /> <br /> "Total Pure Premium" means the total amount of Pure Premium <br />payable by all Participants in any Coverage Period determined <br />as provided in Section 4.4(e) hereof. <br /> <br /> "Trustee" means Seattle-First National Bank, a national <br />banking association, or any successor thereof. <br /> <br /> "Undesiqnated Reserves" means the amount in the Claims <br />Payment Fund in excess of the total amount that has been <br />designated as Loss Reserves pursuant to Section 3.6 hereof. <br /> <br /> 9 <br />2658002/2 <br /> <br /> <br />