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B. If services are terminated by Employer prior to the end of the existing Nan ear, the <br />Employer is responsible for administration fees for the remainder of th it Plt n year. <br />C. Non-payment of administration fees andto failure to remit funding on t tim.-ly basis <br />may result in Plan termination. If services are terminated under this A>reerient, the <br />Employer will be responsible for completing any outstanding services In 1'ckhtion. <br />it is understood that termination of this Agreement also terminates the prov sion the <br />TASC prototype Plan Document at which time the Plan will hencefort, be perceived <br />as individually designed and the sole responsibility of the Employer. <br />D. If terminated for failure to pay fees this Agreement may be termirtatee by TASC by <br />providing the Employer with a 10 day written notice of said termir atior. Upon <br />communication of Employer's intention to file Bankruptcy, TASC resE rves�the right <br />to terminate services immediately. <br />6. Insurance <br />TASC shall provide Plan $ponsor it certificate of insurance demonstrating pro -essional <br />liability insurance coverage with a combined single limit of nut less than. 51,000 00 �cr claim <br />with 52.000,000 in the aggregate prior to the start of work pursuant to this Ag eom¢nt. The <br />following requirements apply to, the insurance to be provided by TASC pursuant thi section: <br />A. TASC shall maintain all insurance required above in hill force and effeci for �le entire <br />period covered by this Agreement. II <br />B. Certificates of insurance shall be hnmished to the City upon exet;utioti of this <br />Agreement and shall be approved by the City. <br />C. Certificates and policies shall state that the policies shall nor be canceled or rduced in <br />coverage or changed in any other material aspect without thirty (30) dny pri(Ir written <br />3 <br />25E-71 <br />