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V 09,:; -Qq - 20t -Z <br />INSURANCE ON FILE A- 2011 -114 <br />WORK MAY PROCEED <br />UNTIL INSURANCE EXPIRES <br />QS — 09 - 2-0 t Z <br />CLERK OF COUNCIL <br />DATE: JUL 2 6 2011 <br />AGREEMENT FOR ADMINISTRATIVE SERVICES <br />CJ This agreement ( "Agreement ") is made this .3 day of 2011, between <br />Phase II Systems, a corporation organized and existing under the laws of the State of <br />yj California, doing business as Public Agency Retirement Services (hereinafter "PARS ") and <br />the City of Santa Ana ( "Agency "). <br />WHEREAS, Agency is desirous of retaining PARS, as Trust Administrator to the PARS <br />Trust, to provide administrative and consulting services with respect to the qualified City of <br />Santa Ana PARS Supplementary Retirement Plan (the "Plan "). <br />NOW THEREFORE, the parties agree: <br />1. Services. PARS will provide the services pertaining to the Plan as described in the <br />exhibit attached hereto as "Exhibit IA" ( "Services ") in a timely manner, subject to the <br />4 further provisions of this Agreement. <br />2. Fees for Services. PARS will be compensated for performance of the Services as <br />U described in the exhibit attached hereto as "Exhibit 1B ". <br />3. Payment Terms. Payment for the Services will be remitted directly from Plan assets <br />unless otherwise stated in Exhibit 1B. In the event that the Agency chooses to make <br />payment directly to PARS, it shall be the responsibility of the Agency to remit payment <br />directly to PARS based upon an invoice prepared by PARS and delivered to the Agency. <br />If payment is not received by PARS within thirty (30) days of the invoice delivery date, <br />the balance due shall bear interest at the rate of 1.5% per month. If payment is not <br />received from the Agency within sixty (60) days of the invoice delivery date, payment <br />plus accrued interest will be remitted directly from Plan assets, unless PARS has <br />previously received written communication disputing the subject invoice that is signed by <br />a duly authorized representative of the Agency. <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 fee <br />schedule in effect at the time the services are provided and shall be payable as described <br />in Section 3 of this Agreement. Before any such services are performed, PARS will <br />provide the Agency with written notice of the subject services, terms, and an estimate of <br />the fees therefore. <br />5. Information Furnished to PARS. PARS will provide the Services contingent upon the <br />Agency's providing PARS the information specified in the exhibit attached hereto as <br />"Exhibit 1 C "( °Data "). h shall be the responsibility of the Agency to certify the accuracy, <br />content and completeness of the Data so that PARS may rely on such information without <br />further audit. It shall further be the responsibility of the Agency to deliver the Data to <br />PARS in such a manner that allows for a reasonable amount of time for the Services to be <br />performed. Unless specified in Exhibit IA, PARS shall be under no duty to question <br />Data received from the Agency, to compute contributions made to the Plan, to determine <br />or inquire whether contributions are adequate to meet and discharge liabilities under the <br />Plan, or to determine or inquire whether contributions made to the Plan are in compliance <br />Page 1 <br />