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HomeMy WebLinkAbout25D - AGMT - DISCOUNT PHARMACY CARD PRGMREQUEST FOR COUNCIL ACTION CITY COUNCIL MEETING DATE: OCTOBER 3, 2011 TITLE: AGREEMENT WITH INFORMED RX TO PROVIDE A DISCOUNT PHARMACY CARD PROGRAM CITY MANAGER RECOMMENDED ACTION CLERK OF COUNCIL USE ONLY: APPROVED ? As Recommended ? As Amended ? Ordinance on 1" Reading ? Ordinance on 2I'd Reading ? Implementing Resolution ? Set Public Hearing For_ CONTINUED TO FILE NUMBER Authorize the City Manager and Clerk of the Council to execute the attached agreement with Informed Rx to provide a discount pharmacy card program for the City of Santa Ana for a two-year period, subject to non-substantive changes approved by the City Manager and City Attorney. DISCUSSION The growing cost of medical care is one of our nation's most pressing social, medical and economic challenges. Millions of Americans struggle to afford the medications they need, frequently forgoing them due to price. While the focus is often on senior citizens, the high cost of prescription drugs is a daunting challenge for Americans of all ages, particularly those who are uninsured. A half-million Orange County residents lack health insurance, according to a U.S. Census Bureau survey released in September 2009. The US Census Bureau estimates that 32.7% of Santa Ana's 357,000 residents are uninsured. Through this agreement Informed Rx will develop and maintain a comprehensive pharmacy network to consistently deliver discounted prescription drug services to individuals and families that participate in the program. The objectives of the program are to 1) save community members money on medications, and 2) provide an additional revenue source for the City that will be used to discount health and fitness related classes at our recreation centers. The program primarily benefits those with no other form of health insurance. All funds needed to support the program will come from the pharmaceutical industry. No City funds will be used to support the program and no City staff will be used to run the program. The Parks, Recreation and Community Services Agency presented the Discount Pharmacy Card program to the Board of Recreation and Parks on March 23, 2011, and the Parks, Recreation, Education and Youth (PREY) Council Committee on March 31, 2011 and both the Board and the Committee recommended approval of the proposed program. The City Council approved the release of the RFP on April 4, 2011. 25D-1 Informed Rx Agreement October 3, 2011 Page 2 On May 20, 2011, Requests for Proposals (RFPs) were issued to companies soliciting proposals for a discount pharmacy card program. A pre-proposal conference was conducted on June 7, 2011 and three vendors submitted proposals for consideration. The Discount Pharmacy Card Group, Informed Rx, and United Networks of America each submitted proposals for review. A four member evaluation committee consisting of representatives from PRCSA Administration, Library, Recreation, and CDA evaluated and rated the four proposals. The proposals were evaluated based on the vendor's Responsiveness to the RFP (30%), Experience of Firm and Personnel (30%), and Past Performance on similar contracts (40%). The results of the evaluation process are as follows. Vendor Score Informed Rx 370 United Networks of America 331 The Discount Pharmacy Card Group 282 Informed Rx was rated highest, scoring 370 out of a maximum 400 points. United Networks of America scored 330, and The Discount Pharmacy Card Group scored 282 points. The evaluation committee rated Informed Rx the highest as a result of the quality of their proposal and the company's experience with similar public sector programs. The program will be available to all Santa Ana community members - individuals who live, work and visit Santa Ana will be eligible. The agreement will have a two-year term and will include a provision that allows the City to extend the agreement for two additional two-year terms. An estimated $20,000 in annual revenue will be generated to supplement healthy leisure class programming. FISCAL IMPACT Funds for this agreement will be deposited in the PRCSA Special Fees and Donations revenue account (no. 02213002 57010). APPROVED AS TO FUNDS AND ACCOUNT: Gerardo Mouet, Executive Direct Parks, Recreation and Community Services Agency Francisco Gutierrez, Executive Director Finance and Management Services Agency 2501-2 DISCOUNT CARD CLIENT SERVICES AGREEMENT BETWEEN INFORMEDRX, INC. AND THE CITY OF SANTA ANA This Client Services Agreement (this "Agreement") is entered on between InformedRx, Inc. ("IRx") a Delaware corporation, and the City of Santa Ana ("Client"), a municipal corporation and charter city organized under the constitution and laws of the State of California, each a "Party" and together the "Parties". Defined terms used throughout this Agreement are provided in Exhibit C attached hereto and incorporated herein by reference. The Parties agree: 1. Obligations of IRx. (a) Prescription Drug Card Services. IRx shall provide "Prescription Drug Card Services", as set forth in IRx Proposal for Pharmacy Benefit Management Services, dated July 12, 2011, attached hereto and incorporated by this reference, through which individuals may utilize identification cards entitling them and their dependents access to contracted, discount pricing for prescription drugs and drug products dispensed at participating pharmacies on or after the Activation Date. Individuals will be responsible for proper co-payment. (b) Retail Participating Pharmacy Network. (i) National Network. IRx will work with subcontractor, ParamountRx to provide a national network of Participating Pharmacies ("National Network") to provide Prescription Drug Card Services to Members. (ii) Customer Service for Participating Pharmacies and Provider Inquiries. IRx will provide a call center telephone line available to all Participating Pharmacies 24-hours per day, 7 days per week. (c) Mail Service Pharmacy. IRx shall provide the following services from its mail service pharmacy: (i) receive prescriptions from Members via U.S. mail or commercial carrier, facsimile or telephone at an address or phone number as specified by IRx from time to time, subject to and in accordance with the Plan Design Document. (ii) fill prescriptions during normal business hours, subject to the professional judgment of the dispensing pharmacist, provided that the prescription is accompanied by the correct copay, deductible, or coinsurance amount as applicable; (iii)., -provide Members toll-free telephone access to a pharmacist and customer service representative; (iv) provide to Client for review, any promotional materials that explain to Members how to use the mail service program, as well as any other materials Members may require to begin using the mail service program. At the direction of Client, IRx shall make available or distribute, upon request, mutually agreed upon standard materials to Members at no additional cost. Client will be responsible for all costs associated with the distribution of custom materials to Members; (v) ship all prescription orders to Members via U.S. Postal Service or other appropriate carrier to the address provided by Client and/or the Member, as long as such addresses are located in the United States; and Discount Card Client Services Agreement-Template 01.2011 i 25D-3 (d) Client and Member Services. (i) Account Management. IRx, or its subcontractor, shall provide trained, experienced account service resources to serve as liaison between Client and IRx for the purpose of facilitating operational activities, resolving issues, and providing consultative support. Account management support includes scheduling conference calls to monitor and discuss outstanding priorities. Account management staff will act as the primary contact to Client after the implementation process is completed. (ii) Member Customer Service. IRx shall make available trained, experienced Member Customer Service representatives to provide Eligible Members with information regarding pharmacy locations, eligibility, claims status and general information regarding their Prescription Drug Card Services. Member Customer Service is available 24 hours a day, 7 days a week, 365 days a year. (e) Payment for Discount Card Program. IRx shall make payments to Client in the form of a single check each month for compensable Claims under this Agreement.* Payments will occur thirty (30) days following the end of each month. The first payment will be due on and continue each month thereafter until such time as IRx no longer processes any Claims under this Agreement. IRx's payments made in any given month shall be calculated by taking the sum of $1.50 times the number of compensable retail claims during the prior month plus $1.50 times the number of compensable mail Claims for the prior month. (For example, if there were 100 retail compensable Claims and 50 mail compensable Claims during the month of , 20 then the payment due on would equal $ [(100 x $ ) + (50 x $ )].) Delinquent payments will incur late interest charges at the rate equal to the lesser of one and one-half percent (I'/z%) per month or the highest rate allowed by law, pro-rated on a daily basis for each day the payment is late. Unless otherwise directed by Client, IRx will send monthly payments to: Parks, Recreation and Community Services Administration Robert Carroll 26 Civic Center Plaza (M-75) Santa Ana CA 92702 Under no circumstances will IRx pay any fees or other payments on Claims where no Processing Fee has been received by IRx. * Subcontract service providers, brokers/consultants/administrators, and IRx may also be receiving/ retaining a fee in connection with compensable Claims hereunder. Client Responsibilities. (a) Monthly Reports for Discount Card Program. IRx shall provide Client and, upon request, its designated representatives with a monthly report electronically, which shall include utilization data showing generic and brand utilization, and U&C breakdown of prescription drug use amongst Members. Such reports will not include any reference to individual Members or contain Patient Health Information as defined under HIPAA. (b) Non-pa went. If a Member fails to meet any co-payment obligations at the point of sale, the Member will be unable to utilize Prescription Drug Card Services. Term and Termination. (a) Term. This Agreement will become effective on the date hereof and continue for two (2) years after the Activation Date (the "Initial Term"). Thereafter, this Agreement may be extended up to two additional two-year terms (each a "Renewal Term"), upon the mutual agreement of the Parties. Notwithstanding any provision in this Agreement to the contrary, in no event may either party terminate this Agreement without cause prior to the expiration of the Initial Term. Discount Card Client Services Agreement_Template_01.2011 2 25D-4 (b) Termination for Cause. Either Party may terminate this Agreement following a material breach by the other Party. The non-breaching Party shall notify the breaching Party of the breach and the breaching Party shall have thirty (30) days (the "Cure Period") to cure the breach to the reasonable satisfaction of the non- breaching Party. If the breaching Party fails to cure the breach within the Cure Period, then the non-breaching Party may terminate the Agreement immediately. (c) Effect of Termination. If Client terminates this Agreement for any reason, other than as allowed in Sections 3(a) and 3(b) above, IRx will retain any and all payments due to the Client for use by its Members. If this Agreement is terminated for any reason, it is the Client's obligation to instruct Members to discontinue use of Prescription Drug Card Services provided by IRx under this Agreement. In the event that any Member continues to use the Prescription Drug Card Services after termination, IRx shall retain any and all payments received for such usage. Confidentiality. (a) Confidential Information. The term "Confidential Information" includes any information that either Party receives from the other or from one of their subsidiaries or affiliates, including but not limited to all copies thereof. If disclosed in writing or other tangible or electronic form, the Confidential Information must be conspicuously labeled at the time of delivery as "Confidential Information." If disclosed orally, the information must be identified prior to disclosure as Confidential Information (b) Use of Confidential Information. The receiving Party shall use the Confidential Information it receives pursuant to this Agreement for the sole purpose of its obligations under this Agreement. Except as specifically provided herein, in no event shall.; the receiving Party disseminate or communicate the Confidential Information in any form to any other person, firm,` corporation or affiliate without the express written consent of the disclosing Party. The receiving Party shall only disclose Confidential Information to persons within its organization who (i) need to know the Confidential Information in order to accomplish the objectives in connection with this Agreement, and (ii) are required to protect and otherwise not disclose or use the Confidential Information except as provided in this Agreement. Such persons who receive any Confidential Information shall be subject to written agreement no less restrictive than this Section 4. (c) Derivatives of Confidential Information, Any reports, documents, notes or other information in whatever form or medium that are derived or result from the receipt of Confidential Information shall be governed by the same terms and conditions respecting confidentiality and use as is the Confidential Information itself. (d) Rights in Confidential Information. All Confidential Information of the disclosing Party shall be and remain the property of the disclosing Party. The receiving Party shall not obtain any rights of any nature whatsoever in or to the Confidential Information as a result of such disclosure. Upon the disclosing Party's request, the receiving Party shall promptly destroy or return to the disclosing Party all of the disclosing Party's Confidential Information, including all copies thereof. An officer of the receiving Party shall certify to the disclosing Party that all Confidential Information has been destroyed or returned to the disclosing Party. (e) Exceptions. Notwithstanding any provisions contained in this Agreement, the receiving Party shall not be required to maintain in confidence the following information: (i) information which, at the time of disclosure to the receiving Party, is in the public domain; (ii) information which, after disclosure, becomes part of the public domain by publication or otherwise, except by breach of this Agreement; (iii) information which was in the receiving Party's possession at the time of disclosure to the receiving Party, and which was not acquired, directly or indirectly, from the disclosing Party; (iv) information which the receiving Party can demonstrate resulted from its own research and development, independent of disclosure from the disclosing Party; (v) information which the receiving Party received from third parties, provided that such information was not obtained by such third parties from the disclosing Party on a confidential basis; or (vi) information which is produced in compliance with applicable law or a court order, provided that the disclosing Party is given reasonable notice of such law or order and an opportunity to attempt, at the expense of the disclosing Party, to preclude or limit such production. The receiving Party shall have the burden of showing any Discount Card Client Services Agreement_Template_01.2011 3 25D-5 one or more of these exceptions apply. Access and Records. (a) Record Maintenance. For the longer of the period required by law or seven (7) years from the date of rendering any Prescription Drug Card Services, the Parties will maintain records related thereto. (b) Use of Information. Except for Confidential Information, each Party may use, reproduce, or adapt information obtained in connection with this Agreement, including Claims data information and eligibility information, in any manner they deem appropriate, except that each Party and its agents, employees, aid contractors shall maintain the confidentiality of this information to the extent required by applicable law or regulation including the provisions of HIPAA, and may not use the information in any way prohibited by law. Each Party shall be solely responsible for its own use of such information, and shall indemnify and hold the other Party harmless for, from and against any and all costs, losses, and damages incurred by the other Party as a result of such use. 6. Indemnification. Each party (an "Indemnitor") shall indemnify and hold harmless the other party (an "Indemnitee"), and its officers, directors, shareholders, employees and other agents, from and against any claims, liabilities, damages, judgments or other losses (including, but not limited to, attorneys' fees) incurred by the Indemnitee arising out of or as a result of any acts or omissions of the Indemnitor, or its officers, directors, employees or other agents in connection with the performance of any of their duties and obligations contained within this Agreement. 7. Limitation on Liability. IRx's maximum liability to Client for any assertion of loss or damage arising out of or in connection with this Agreement (including any assertion brought by any third party, as a result of any breach of this Agreement by IRx or otherwise arising from IRx's wrongful acts, errors or omissions) shall not exceed the average monthly payment for compensable Claims payable to Client in accordance with Section (1)(e). This average monthly payment for compensable Claims will be calculated based on the payments made for the three (3) months immediately prior to the date in which injury or damage occurred. Client shall give timely, written notice to IRx of any alleged loss or damage. In no event shall either party be liable to the other or any third party for any loss of profits, lost business opportunity or any special, indirect, consequential or incidental damages arising out of or in connection with this Agreement, regardless of the cause of action. 8. Notices. Unless otherwise specifically provided herein, all notices, consents, requests, demands and other communications required or permitted hereunder: (a) shall be in writing; (b) shall be sent. by messenger, certified or registered U.S. mail, a recognized national overnight delivery service for next business day delivery, facsimile or e-mail (with a copy sent by one of the foregoing means), charges prepaid as applicable, to the appropriate address or number set forth below; and (c) shall be deemed to have been given on the date of receipt by the addressee (or, if the date of receipt is not a business day, on the first business day after the date of receipt), as evidenced by (i) a receipt executed by the addressee (or a responsible person in his or her office), the records of the person delivering such communication or a notice to the effect that such addressee refused to claim or accept such communication, if sent by messenger, U.S. mail or recognized national overnight delivery service, or (ii) a receipt, or other evidence of transmittal, generated by the sender's facsimile or e-mail software showing that such communication was sent to the appropriate number or e-mail address on a specified date, if sent by facsimile or e-mail. All such communications shall be sent to the following addresses or numbers, or to such other addresses or numbers as any Party may inform the others by giving five (5) business days' prior notice: Discount Card Client Services Agreement_Template_01.2011 4 25D-6 If to IRx: InformedRx, Inc. 2441 Warrenville Road, Suite 610 Lisle, IL 60432-3642 Attention: Contract Administration Facsimile: (630) 328-2189 E-Mail: legal@sxc.com If to Client: Clerk of the Council 20 Civic Center Plaza (M-30) P.O. Box 1988 Santa Ana. CA 92702 Attention: Facsimile: 714-647-6956 E-Mail: With courtesy copy to: PRCSA -Administration Robert Carroll _ 26 Civic Center Plaza (M 75? P.O. Box 1988 Santa Ana, CA 92702 Facsimile : 714-647-4211 E-Mail: rcarrollna Santa-ana ore General Provisions. (a) Subcontractors. Both parties acknowledge that some services under this Agreement will be performed by Paramount Rx. (b) Advertising. Neither Party shall use promotional material referencing or referring to the other Party without the prior consent of the other Party; which consent shall not be unreasonably withheld. Both Parties will cease any and all usage immediately upon termination of this Agreement. (c) Intellectual Property. Any rights in information, innovations, ideas, discoveries, products, creative works and the like (whether or not copyrightable or patentable), suggestions, communications, data, reports and results conceived, derived, reduced to practice, made or developed by either Party as a direct result of the services under this Agreement shall be the sole property of the Party developing such. (d) Other Obligations. The Parties represent and warrant that the terms of this Agreement are not inconsistent with any other obligations whether contractual or otherwise that the Party may have or with the policies of any other entity with which the parties are associated. (e) Governing, Law. This Agreement will be governed by and construed according to the laws of the State of California without regard to its choice of law provisions. Both parties further agree that Orange County, California, shall be the venue for any action or proceeding that may be brought by the parties hereto or arises out of, or in connection with or by reason of this Agreement. (f) Independent Contractors. Each Party is an independent entity and nothing in this Agreement shall be construed to establish an employer/employee or principal/agent relationship or any fiduciary or other relationship other than independent parties contracting with each other for the purpose of carrying out the duties and obligations of this Agreement. Nothing in this Agreement is intended or shall be construed to confer upon any person or entity (including Participating Pharmacies, Covered Manufacturers and Eligible Members) other Discount Card Client Services Agreement_Template_01.2011 5 25D-7 than the parties hereto and their successors or permitted assigns, any rights or remedies under or by reason of this Agreement. (g) Force Majeure. Neither Party shall be deemed to have breached this Agreement or be held liable for any failure or delay in the performance of all or any portion of its obligations under this Agreement if prevented from doing so by a cause or causes beyond its control. Without limiting the generality of the foregoing, such causes include acts of God or the public enemy, fires, floods, storms, earthquakes, riots, strikes, boycotts, lock-outs, acts of third parties (e.g., wholesalers), wars and war-operations, restraints of government, power or communication line failure or other circumstances beyond the Party's control, or by reason of the judgment, ruling, order of any court or agency of competent jurisdiction, or materially altering the law or regulations covering the subject matter of this Agreement or any other change in such law or regulations subsequent to the execution of this Agreement. However, if the force majeure event continues for thirty (30) consecutive days the party not directly affected by it may terminate this Agreement immediately upon written notice to the other party without penalty to it. (h) Non-Solicitation of Employees. During the term of this Agreement and for one (1) year thereafter, neither Party may (without the prior written consent of the other Party) actively solicit any person employed then or within the preceding year by the other Party and involved directly or indirectly in the performance of this Agreement. Such consent may be withheld in the other Party's sole discretion. The term "actively solicit" does not include any employment of the other Party's personnel through means of advertisements, job postings, job fairs and the like and any employment where the individual has made the initial approach to the hiring Party. (i) Assi nment. Neither party may assign any rights or obligations under this Agreement without the other party's prior written consent, except that either party may assign this Agreement without the consent of the other party to a parent company, controlled affiliate, or affiliate under common control with the assigning party. Notwithstanding the foregoing, IRx may assign this Agreement to Paramount Rx, or in connection with a sale of assets, or other business combination, without the consent of Client. 0) Successors and Assigns. This Agreement shall inure to the benefit of and be binding upon the successors and permitted assigns of each of the parties; provided, however this agreement may not be assigned by either Party without the expressed written consent of the other Party. (k) Severabili y and Waiver. The invalidity or unenforceability of any term or provision of this Agreement shall in no way affect the validity or enforceability of any other term or provision. The waiver by either Party of a breach; of any provision of this Agreement shall not operate as or be construed as a waiver of any subsequent breach thereof. (1) Headings. The headings to the sections and subsections of this Agreement shall be disregarded in its interpretation. (m) Dispute Resolution Procedures. The parties shall make a good faith effort to resolve any disputes arising during the term of this Agreement. (i) If the parties are unable to resolve the dispute through informal discussions, either party may submit a written complaint to the other party describing the dispute and proposing a manner of resolving such dispute. The party receiving such complaint shall respond by accepting, rejecting, or modifying such proposed resolution, in writing, within thirty (30) days of the date of receipt of such complaint. (ii) If the parties are still unable to resolve the dispute and only after both parties have determined through proper documentation that they have complied with Section 10(m)(i) above, then both parties shall agree to Executive Dispute Resolution. Executive Dispute Resolution requires each party to meet in person for a reasonable amount of time at a mutually agreeable location. This meeting shall be attended by at Discount Card Client Services Agreement_Template_01.2011 6 25D-8 least one senior member of each company with the authority to settle disputes arising from this Agreement. (iii) Only after the parties have tried in good faith to resolve disputes through informal means, both parties have tried to resolve disputes through formal written means, and they have met to resolve disputes through the Executive Dispute Resolution process, may pursue other legal recourse.. Each party shall be responsible for its own legal costs. (n) Survival of Terms. The provisions of Sections 3(c) and 4 through 9 shall survive the termination of this Agreement. (o) Entire Agreement. This Agreement, any Exhibits, attachments, and any documents incorporated by reference constitute the entire agreement of the parties regarding the subject matter hereof. It supersedes any prior agreements, negotiations or representations, either oral or written, relating to the subject matter of this Agreement. This Agreement may be modified only by a writing executed by both parties. INFORMEDRX, INC. By: Name: Jeff Park Title: Chief Financial Officer Date: By: Name: Title: Date: Discount Card Client Services Agreement-Template 01.2011 7 25D-9 EXHIBIT A STANDARD IRx PRODUCTS AND SERVICES IRx shall provide the following standard services (all as more fully described in its Proposal) to Client consistent with Client's current Plan Design Document. Standard Services included with base fees: 1. Claims Processing Services a. Eligibility Management b. Eligibility Verification C. On-line Electronic Claims Processing/Administration d. Data Retention - 15 months Operational On-line Data 2. National Pharmacy Network Services a. Administration of the National Pharmacy Network b. Pharmacy Help Desk 3. Client & Member Services a. Member Services Help Desk b. Account Management c. Implementation Support d. Standard Reporting Package 4. ID Cards Production & Mailing a. Standard Member cards or on-line cardsCommunication, b. Standard Replacement Card Carrier via the web 5. Online Member Website Access a. Member web site for access to ID cards, drug pricing tool, pharmacy locator, medication history , mail pharmacy services, as well as, general information 6. Mail Service Pharmacy a. Postage included (Member may incur additional charges for express shipments) Discount Card Client Services Agreement_Template_01.2011 s 25D-10 EXHIBIT B DISCOUNT CASH PROGRAM - CLIENT CONTRACT RATES* Participating Pharmacies will collect from Members the Client Contract Rates. Brand Generic 1) Lower of AWP minus contracted discount + 1) Lower of ParamountRx MAC + Dispensing Fee + Dispensing Fee + Processing Fee; OR; Processing Fee; OR 2) U&C charges 2) AWP minus contracted discount+ Dispensing Fee + Processing Fee; OR 3) U&C charges Client Contract Rates for Eligible Members using the IRx Mail Service Pharmacy are as follows Brand Generic AWP minus contracted discount + Dispensing Fee Lower of informedRx MAC + Dispensing Fee; OR AWP minus contracted discount + Dispensing Fee. B. ADDITIONAL SERVICES. Certain services as indicated below are not included in the standard Administrative Fee and are available for an additional charge. This is not an inclusive list. InformedRx may charge for any products or services not specifically represented herein. General Anc illarv CPrvnoPc Claims Processing Services Included National Pharmacy Network Services' Included Client and Member Services Included ID Cards Production and Mailing TBD Online Standard Reporting Included Online Member Website Access Included Mail Service Pharmacy Included Group Set U Fees Included On-line Access / Query Included Standard Management Re ortin Included Member/Participant ID Cards - Customized TBD Client Directed Member Communication - Mailing Postage, shipping & handling 'Charges applicable if ID Cards are provided by IRx. IRx reserves the right to modify or amend the financial provisions of this Agreement upon prior notice to Client in the event of (a) any changes in Client's third party administrator or insurance carrier that results in a change in any of the services provided by IRx under the terms of this Agreement; (b) any government imposed change in federal, state or local laws or interpretation thereof or industry wide change that would make IRx's performance of its duties hereunder materially more burdensome or expensive; (c) a change in the scope of services to be performed under this Agreement upon which the financial provisions included in this Agreement are based, including a change in the plan design and the exclusion of a service line (ie. retail, mail) from Client's service selection; or (e) changes made to the AWP benchmark (or other pricing benchmark used hereunder) or the methodology by which AWP (or other pricing benchmark used hereunder) is calculated or reported. Discount Card Client Services Agreement-Template 01.2011 9 25D-11 EXHIBIT C DEFINITIONS In addition to the capitalized terms defined elsewhere in this Agreement, the following terms shall have the `ollowing meanings: 1. "Activation Date" means the go live date of , 20 when claims will first be processed under this Agreement. "Average Wholesale Price" or "AWP" means the following: i. for products first available on the market before September 26, 2009, either (a) the product of the wholesale acquisition price (WAC) of a prescription drug as set forth in Medi-Span on the date dispensed times the mark-up factor over WAC that was established by Medi-Span to calculate the average wholesale price of such drug on September 25, 2009, or (b) the product of the manufacturer direct price (DP) of a prescription drug as set forth in Medi-Span on the date dispensed times the mark-up factor over DP that was established by Medi-Span to calculate the average wholesale price of such drug on September 25, 2009, and i. for products first available on the market on or after September 26, 2009, the average wholesale price of a prescription drug as set forth by Medi-Span on the date dispensed. 3. "Dispensing Fee" means the amount paid to the Participating Pharmacy for filling a prescription 4. "Eligible Members" or "Members" means individuals who utilize the prescription drug entitled to Covered Prescription Services through Client. 5. "Mail Service Pharmacy" means the pharmacy provider(s) assigned responsibility for dispensing mail order prescriptions to Eligible Members. The mail service pharmacy pricing referenced in Exhibit B of this Agreement will apply to all claims dispensed by a designated mail service pharmacy provider regardless of days supply or quantity dispensed. 6. "Maximum Allowable Cost" or "MAC" means the unit price that has been established by IRx or Paramount for a multi-source drug included on it's MAC drug list developed for IRx clients which may be amended from time to time by IRx in its sole discretion. 7. "Participating Pharmacy" means a retail pharmacy that is included in the Discount Card network provided by IRx under which the pharmacy has agreed to provide discount Prescription Drug Services to Eligible Members and to comply with applicable regulatory requirements. 8. "Processed Claims, Claims, or Claim Forms" (collectively "Claims") means electronic or paper pharmacy claims that are (i) transmitted to IRx by Participating Pharmacies or Eligible Members as a result of Covered Prescription Drug Services being supplied to Eligible Members by Participating Pharmacies, and (ii) processed by IRx with the result being that the claims are either paid, denied, rejected or reversed. 9. "Processing Fee" means the amount collected by the Participating Pharmacy in addition to the Dispensing Fee on behalf of subcontractors and vendors. A portion of this fee will pass to the Client. 10. Usual and Customary" or "U&C" shall mean the amount a Participating Pharmacy would charge to a cash-paying customer in accordance with the terms of the Participating Pharmacy Network contract with IRx for the same strength, quantity, and dosage form of a Covered Prescription Drug, as of the date of service for Covered Prescription Drug Services. IRx represents and warrants that U&C shall include, but not be limited to, the financial benefits associated with any and all low- price retail pharmacy generic drug programs offered by retail pharmacy providers (for example, the Walmart $4.00 30-day prescription program, the Walmart $10.00 90day prescription program, and all other such programs, when Claims are processed at retail pharmacies that offer such programs to cash-paying customers and submitted through the on-line adjudication process as the pharmacies' U &C. Discount Card Client Services Agreement_Template_01.2011 10 25D-12