Client Specific Amendment Sample Clauses

Client Specific Amendment. Notwithstanding subsection 4.B.1 above, the Company may change the fees under this Contract: (a) if the Client amends its Plan to modify benefits, said change of fees to be effective on the date of the change of benefits; or (b) if the Company’s cost of operation is increased by virtue of a change in charges to the Company by a governmental unit, but such adjustment shall be limited to the amount of the change; or (c) on any Anniversary Date of this Contract and except as otherwise set forth in this Contract, not more than once in any Calendar year; or (d) upon addition or deletion of coverage for any subsidiary or affiliated company or corporate division of Client; or (e) if the Stop Loss Policy or stop-loss contract, if any, between the Client and the Company is terminated; or The effective date of the change in fees under subsections (b) through (e) above will be the effective date of the event that causes such change. Modification of fees may be made by written notice to the Client by the Company. If the Client pays such revised fees or fails to object to such revision in writing within 15 calendar days of receipt, this Contract shall be deemed modified to reflect the fees as communicated by the Company.
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Client Specific Amendment. Notwithstanding subsection 4.B.1 above, the Company may change the fees under this Contract: (a) if the Client amends its Plan to modify benefits or the administrative duties required of the Company, said change of fees to be effective on the date of the change of benefits; or (b) if the Company’s cost of operation is increased by virtue of a change in charges to the Company by a governmental unit, but such adjustment shall be limited to the amount of the change; or (c) on any Anniversary Date of this Contract and except as otherwise set forth in this Contract, not more than once in any Calendar year; or (d) upon addition or deletion of coverage for any subsidiary or affiliated company or corporate division of Client; or (e) if the Stop Loss policy, if any, between the Client and the Company is terminated; or (f) if there is a change in the number of Members covered under the Client’s Plan for the Coverage provided under the Client’s Plan which equals or exceeds: (i) 10% in any Contract Month when compared to any prior Contract Month, regardless of the Contract Year or calendar year; or (ii) 20% over any period of three consecutive months. The Client agrees to make available to the Company all information necessary to determine whether the changes set forth in (f)(i) and (f)(ii) above have occurred. If the change in the number of Members, whether employee or dependent, covered under the Plan is such that a change in fees results, then the Company will advise the Client of its intention to change the fees. The effective date of the change in fees under subsections (b) through (d) above will be the effective date of the event that causes such change. Modification of fees may be made by written notice to the Client by the Company. If the Client pays such revised fees or fails to object to such revision in writing within 15 calendar days of receipt, this Contract shall be deemed modified to reflect the fees as communicated by the Company.
Sample 1

Related to Client Specific Amendment

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