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person who is covered under the Plan (employee, covered spouse and dependents as indicated on the carriers itemized bill) on the day before a COBRA Qualifying Event, or State event if State Continuation services are provided under this Agreement. This will be an additional data item required for the continuation administration, and all of the terms of this Agreement addressing data submission will apply. TASC will not be responsible for any excise tax, penalty, premium, or claims costs, clue to failing to send a timely Election Notice when the data forwarded by the Plan Sponsor did not include the actual individual rates, The Plan Sponsor will notify TASC of any mid -year premium rate change required by the premium rating method when applicable to their Plan. TASC will have no liability for any premium losses due to the failure to send new coupons with the increased rate, except when timely notice of the change has been received from the Plan Sponsor. 21. TASC Ftr'ILA-NOT APPLICABLE The Plan Sponsor agrees, as is necessary for TASC to complete its responsibilities herein, to provide TASC with the following information. The Plan Sponsor understands they are responsible for notifying TASC when certain qualifying events occur, and that TASC cannot carry out its responsibilities without notification as defined, with relations to the Plan Sponsor's employees. 1) Absences, or proposed absences, in excess of three (3) days from regularly scheduled work for the circumstance (s) of a birth, adoption or placement in foster care of a child, the care of a seriously ill child, spouse or parent, or the employee's own illness, 2) Eligibility of the proposed employee; employment by the Plan Sponsor in excess of 12 months and cumulative work hours of 1,250 in the preceding 12 months, 3) Notification to TASC if an employee who has been out on leave has returned to work. The Plan Sponsor must provide to TASC and keep TASC currently informed, of all pertinent information relating to the Plan Sponsor at the inception of the contract and as may be 21