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FULL PACKET_2010-12-20
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FULL PACKET_2010-12-20
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1/3/2012 3:56:09 PM
Creation date
12/17/2010 11:58:46 AM
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City Clerk
Doc Type
Agenda Packet
Date
12/20/2010
Destruction Year
2015
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<br /> <br /> <br /> <br /> <br /> <br /> <br /> 4. Fees for Services Beyond Scope. Fees for services beyond those specified in this <br /> Agreement will be billed to the Agency at the rates indicated in the PARS standard <br /> fee schedule in effect at the time the services are provided and shall be payable as <br /> described in Section 3 of this Agreement. Before any such services are performed, <br /> PARS will obtain prior Agency authorization and provide the Agency with written <br /> notice of the subject services, terms, and an estimate of the fees therefore. <br /> <br /> 5. Information Furnished to PARS. PARS will provide the Services contingent upon <br /> the Agency providing PARS the information specified in the exhibit attached hereto <br /> as "Exhibit 1C" ("Data"). It shall be the responsibility of the Agency to certify the <br /> accuracy, content and completeness of the Data so that PARS may rely on such <br /> information without further audit. It shall further be the responsibility of the Agency <br /> to deliver the Data to PARS in such a manner that allows for a reasonable amount of <br /> time for the Services to be performed. Unless specified in Exhibit IA, PARS shall be <br /> under no duty to question Data received from the Agency, to compute contributions <br /> made to the Plan, to determine or inquire whether contributions are adequate to meet <br /> and discharge liabilities under the Plan, or to determine or inquire whether <br /> contributions made to the Plan are in compliance with the Plan or applicable law. In <br /> addition, PARS shall not be liable for non performance of Services if such non <br /> performance is caused by or results from erroneous and/or late delivery of Data from <br /> the Agency. In the event that the Agency fails to provide Data in a complete, <br /> accurate and timely manner and pursuant to the specifications in Exhibit 1C, PARS <br /> reserves the right, notwithstanding the further provisions of this Agreement, to <br /> terminate this Agreement upon no less than ninety (90) days written notice to the <br /> Agency. <br /> 6. Suspension of Contributions. In the event contributions are suspended, either <br /> temporarily or permanently, prior to the complete discharge of PARS' obligations <br /> under this Agreement, PARS reserves the right to bill the Agency for Services under <br /> this Agreement at the rates indicated in PARS' standard fee schedule in effect at the <br /> time the services are provided, subject to the terms established in Section 3 of this <br /> Agreement. Before any such services are performed, PARS will provide the Agency <br /> with written notice of the subject services, terms, and an estimate of the fees <br /> therefore. <br /> 7. Plan Distributions. The Plan Administrator is responsible for notifying PARS of <br /> any Participant's eligibility for a distribution, and PARS accepts the Plan <br /> Administrator's contractual delegation of distribution processing and certain <br /> escheatment responsibilities. PARS is entitled to rely on, and are under no duty <br /> whatsoever to audit the efficacy of the Agency's procedures for identifying an <br /> employee's change-in-status or eligibility for a distribution. <br /> 8. Non-Contribution Reports. PARS prepares and submits a periodic Non- <br /> Contribution report to the Plan Administrator which includes all Participants who <br /> have received no new contributions for a period of time, as specified by the Plan <br /> Administrator. PARS is not obligated by law or otherwise to provide a Non- <br /> Contribution report and this report in no way obligates PARS to generate distributions <br /> <br /> Page 2 <br /> <br /> 55A-8 <br />
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