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E, Client shall irnmediately notify Keenan upon termination of anyeriployee who has been <br />given administrative rights to the BenefilBridge system so that Keenan can take such <br />steps as may be necessary to terminate all such rights. <br />4. CCIMPENSSRQN TO ME„ AN <br />!tor t a1X Fee <br />In exchange for the Client's use of the Platform and Platform Services, Client shall pay to <br />Keenan an amoumt of $3.00 per employee per month. Charges will be billed on a monthly <br />basis. <br />Payment for the Services shall be due upon receipt of Keenan's invoice. Any balance riot <br />paid within forty -five (45) days following the date on the invoice shall be deemed late. A <br />late payment charge shall accrue as of the date of Keenan's original invoice, at the rate of 1V2 <br />percent per month, or the maxinnum rate permitted by applicable law, whichever is lower. <br />Keenan shall have the right to suspend its Services if any balance owed by Client remains <br />unpaid for more than sixty (60) days from the date of the invoice. <br />I ni stal(at Pee <br />If Client terminates this agreement within the first twenty -four months, it will be charged an <br />Installation Fee of $10,000, If Client uses the Platform for twenty -four months or more, the <br />Installation Fee will not be charged. <br />IZeactivsttion Fee <br />If, for any reason whatsoever, the Client stops the BenefitBridge installation process once it <br />has begun, Client will be charged a $10,000.00 Reactivation Fee to reactivate the <br />BenefitBridge installation. <br />Ooen Enrollment Fee <br />dent is entitled to one annual online Open Enrollment at no charge. Client shall be <br />charged a flat fee of $15,000,00 for each additional online Open .Enrollment that is <br />performed in a given plan year. An "Open Enrollmcrmt" occurs whenever there are changes <br />in the plan offerings, rates, etc. that require all eligible employees to formally identify and <br />select the option(s) of their choice. <br />5. INSURANCE <br />ISeenan shall procure and maintain during the term of this Agreement the following <br />insurance coverages, and shall provide certificates of insurance to Client upon Client's <br />request. <br />(1) L orlcets' nnpensation, Workers' Compensation Insurance in conformance with the <br />laws of the State of California and applicable federal laws. <br />(2) Bgday Iri u. Death and Propery Damage I�ili� Insuratu�&. General Liability <br />Insurance (including motor vehicle operation) with a Two Million Dollar ($2,000,000) <br />limit: of liability for each occurrence and a Two Million Dollar ($2,000,000) aggregate <br />limit of liability. <br />Keenan & Assockics -License #0-13127t <br />BeaeficNidge Services Agieem= No UAV <br />Confidential For Clean Use 0111y <br />(Re'. 03/1.1/17) Page t of 10 <br />25D -5 <br />