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any business for a self -insured Sponsor which is subject to the <br />provisions of the ERISA, Client shall ensure that its activities <br />in regard to those Plans are in compliance with ERISA. Each <br />party shall be responsible for interfacing with regulatory <br />authorities on matters relating to compliance with laws or <br />regulations which are directly applicable to its business, <br />including matters related to licenses necessary for each party <br />to operate its business, though each party shall cooperate with <br />the other in resolving any regulatory matters relating to this <br />Agreement. Each party to this Agreement shall notify all <br />other parties to this Agreement upon becoming aware of any <br />change in law or regulation applicable to Client, an <br />Administrator or Sponsor that is likely to impact the provision <br />of services in connection with this Agreement. Client <br />acknowledges and agrees that Company does not act as a <br />fiduciary of a Plan for purposes of ERISA by providing any of <br />the Services, or any other cost -containment function, <br />described in this Agreement. <br />10.8 Severability. If any provision of this Agreement is <br />held to be unenforceable for any reason, it shall be adjusted <br />rather than voided, if possible, in order to achieve the intent of <br />the parties to this Agreement to the fullest extent possible. In <br />any event, all other provisions of this Agreement shall be <br />deemed valid and enforceable to the fullest extent possible in <br />accordance with their terms. <br />10.9 Governing Law. This Agreement shall be governed <br />by and construed in accordance with the laws of the State of <br />Indiana. <br />10.10 Allocation of Risk. The parties acknowledge and <br />agree that the Company prices and terms of Agreement are in <br />reliance upon the limitations of liability specified herein, <br />which allocate the risk between Company and Client, <br />10.11 Attorney Fees. The parties agree that in the event of <br />any breach or alleged breach of this Agreement, each party <br />will pay their own attorney and expert fees. <br />10.12 No Legal or Health Advice, Company is in the <br />business of providing computer -based benefits administration <br />services. Company does not, and is not in the business of, <br />providing legal, financial or medical services or advice. <br />Moreover, Client acknowledges that it has been advised to <br />consult with its legal and/or medical counsels, including, <br />without limitation, with respect to matters involving <br />employment law and personnel policies and practices prior to <br />use of the Software, and that Company shall have no liability, <br />express or implied, related to the content in the Software. <br />10.13 Data Ownership. Client is the owner of all employee <br />data collected in the course of Services provided. Service <br />Company will continue to protect the data as set forth in this <br />Agreement and the Business Associate Agreement between <br />the parties. Upon termination of this Agreement, Service <br />Company will transfer a copy of all collected employee data to <br />a vendor chosen by Client or to Client directly at no additional <br />cost using existing BenXpress Data reporting formats. Client <br />may elect to receive employee data in customized reporting <br />formats with an agreed upon fee paid 50% in advance and <br />50% upon delivery of reporting data. <br />10.14 Data Retention Policy. Company, in its capacity <br />as a Business Associate and otherwise, will receive and <br />maintain individual identified information, which may or <br />may not constitute Protected Health Information (PHI). <br />Client acknowledges that Company will retain and <br />maintain individual identified information and PHI as <br />follows: <br />a) During the Term of this Agreement. Throughout the <br />term of this Agreement, Company will retain in its <br />data storage system all individual identifiable <br />information, whether PHI or not ("Individual <br />Participant Data"), for as long as it may be necessary <br />for the proper management and administration of its <br />Iegal responsibilities to Client, including but not <br />limited to tax information reporting or audit <br />requirements applicable to Client, Client's Plan, or the <br />individual to whom the data pertains. At such time as <br />Individual Participant Data is no longer necessary for <br />the proper management and administration of its legal <br />responsibilities to Client or the individual to whom the <br />data pertains, Company will expunge all such <br />Individual Participant Data fiom its systems. <br />b) Following Termination of this Agreement. Company, as <br />a Business Associate, will retain PHI and Individual <br />Participant Data which is necessary for Company to <br />continue its proper management and administration <br />responsibilities or to carry out its legal responsibilities for <br />twelve (12) months following termination of this <br />Agreement, at which point all Individual Participant Data <br />will be fully de -identified and there after used for data <br />aggregation purposes or destroyed, at Company's sole <br />discretion. <br />COSB Agreement Confidential Page 5 of 10 <br />