Common use of Administrative and Benefits/Risk Management Fees Clause in Contracts

Administrative and Benefits/Risk Management Fees. On or before each payroll date, Subscriber shall fund an account with the amount of the Administrative Fees and Benefits/Risk Management Fees (the "Payroll Account") in advance of each payroll payment date. NovaCare shall have the right to draw against the Payroll Account an amount equal to the Payroll Fees and Benefits/Management Fees for the applicable payroll payment date. Subscriber agrees to collect, verify and transmit to NovaCare's administrative office, no less than seven (7) business days before each NovaCare payroll date, any information required to determine correctly and accurately the amount of the payment due NovaCare. If Subscriber defaults in paying the amounts due NovaCare and NovaCare continues to pay wages for Worksite Employees at a rate not below the statutory minimum wage, Subscriber shall fully indemnify and hold NovaCare harmless from any and all claims made by employees for wages in excess of the amount paid by NovaCare and any and all legal fees and expenses incurred in defense of such claims. Additionally, Subscriber must immediately inform NovaCare of any situation in which payment will not be immediately forthcoming and thereafter, at the request of NovaCare, Subscriber shall terminate the employment of persons for whom payment by Subscriber to NovaCare will not be made.

Administrative and Benefits/Risk Management Fees. On or before each payroll date, Subscriber shall fund an account with the amount of the Administrative Fees and Benefits/Risk Management Fees (the "Payroll Account") in advance of each payroll payment date. NovaCare shall have the right to draw against the Payroll Account an amount equal to the Payroll Fees and Benefits/Management Fees for the applicable payroll payment date. Subscriber agrees to collect, verify and transmit to NovaCare's administrative office, no less than seven (7) business days before each NovaCare payroll date, any information required to determine correctly and accurately the amount of the payment due NovaCare. If Subscriber defaults in paying the amounts due NovaCare and NovaCare continues to pay wages for Worksite Employees at a rate not below the statutory minimum wage, Subscriber shall fully indemnify and hold NovaCare harmless from any and all claims made by employees for wages in excess of the amount paid by NovaCare and any and all legal fees and expenses incurred in defense of such claims. Additionally, Subscriber must immediately inform NovaCare of any situation in which payment will not be immediately forthcoming and thereafter, at the request of NovaCare, Subscriber shall terminate the employment of persons for whom payment by Subscriber to NovaCare will not be made.the

Administrative and Benefits/Risk Management Fees. On or before each payroll date, Subscriber shall fund an account with the amount of the Administrative Fees and Benefits/Risk Management Fees (the "Payroll Account") in advance of each payroll payment date. NovaCare shall have the right to draw against the Payroll Account an amount equal to the Payroll Fees and Benefits/Management Fees for the applicable payroll payment date. Subscriber agrees to collect, verify and transmit to NovaCare's administrative office, no less than seven (7) business days before each NovaCare payroll date, any information required to determine correctly and accurately the amount of the payment due NovaCare. If Subscriber defaults in paying the amounts due NovaCare and NovaCare continues to pay wages for Worksite Employees at a rate not below the statutory minimum wage, Subscriber shall fully indemnify and hold NovaCare harmless from any and all claims made by employees for wages in excess of the amount paid by NovaCare and any and all legal fees and expenses incurred in defense of such claims. Additionally, Subscriber must immediately inform NovaCare of any situation in which payment will not be immediately forthcoming and thereafter, at the request of NovaCare, Subscriber shall terminate the employment of persons for whom payment by Subscriber to NovaCare will not be made.defense