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responsibilities under this Agreement including but not limited to providing TASC <br />with correct, complete and timely data or other information, or notices required <br />under this Agreement; and to timely pay fees. <br />E. TASC will not be responsible for any damages or losses due to a default by the <br />Plan Sponsor. In the event of a default by the Plan Sponsor: <br />1) This Agreement maybe terminated and all amounts due and to become due to <br />TASC shall become Immediately due and payable, at TASC's sole option; and, <br />2) TASC reserves the right to suspend all or any services to the Plan Sponsor and <br />the Plan, including the reporting or processing of Plan data and payments, and <br />3) TASC will not be responsible for the timeliness or accuracy of any reporting, <br />participant payments, tax deposits or payroll payments until the defaults) has <br />been cured and all outstanding obligations the Plan Sponsor have been paid to <br />TASC. <br />7. Termination and Renewal of Agreement <br />A. This Agreement will renew automatically. Either party may terminate this <br />Agreement with sixty (60) days written notice. If services are terminated under <br />this Agreement, the Plan Sponsor will be responsible for providing any <br />outstanding services required under the Plan. <br />B. Notwithstanding the term described above, ACA Employer Reporting will <br />continue for a l2 -month initial term, thereafter renewing automatically for one <br />year terms. Either party may terminate this Agreement with sixty (60) day <br />written notice. <br />C. If services are terminated under this Agreement for reasons other than a TASC <br />8 <br />