Exclusivity Agreement. Employer agrees that for the initial or succeeding term of this Agreement specified in Section 11, so long as ICMA-RC continues to perform in all material respects the services to be performed by it under this Agreement, Employer shall not obtain plan administration from anyone other than ICMA-RC. Employer acknowledges that ICMA-RC has agreed to the compensation to be paid to ICMA-RC under this Agreement in the expectation that ICMA-RC will be able to offset costs allocable to performing this Agreement with revenues arising from Employer's exclusive use of ICMA-RC at the rates provided herein throughout the initial or succeeding term.
Appears in 3 contracts
Samples: Administrative Services Agreement, Administrative Services Agreement, Administrative Services Agreement
Exclusivity Agreement. Employer agrees that for the initial or succeeding term of this Agreement specified in Section 1110, so long as ICMA-RC continues to perform in all material respects the services to be performed by it under this Agreement, Employer shall not obtain plan administration and investment-related services from anyone other than ICMA-RC. Employer acknowledges that ICMA-RC has agreed to the compensation to be paid to ICMA-RC under this Agreement in the expectation that ICMA-RC will be able to offset costs allocable to performing this Agreement with revenues arising from Employer's ’s exclusive use of ICMA-RC at the rates provided herein throughout the initial or succeeding term.
Appears in 1 contract
Samples: Administrative Services Agreement
Exclusivity Agreement. Employer agrees that for the initial or succeeding term of this Agreement specified in Section 11, so long as ICMA-RC continues to perform in all material respects the services to be performed by it under this Agreement, Employer shall not obtain plan administration from anyone other than ICMA-RC. Employer acknowledges that ICMA-ICMA- RC has agreed to the compensation to be paid to ICMA-RC under this Agreement in the expectation that ICMA-RC will be able to offset costs allocable to performing this Agreement with revenues arising from Employer's exclusive use of ICMA-RC at the rates provided herein throughout the initial or succeeding term.
Appears in 1 contract
Samples: Administrative Services Agreement
Exclusivity Agreement. Employer agrees that for the initial or succeeding term of this Agreement specified in Section 1110, so long as ICMA-RC continues to perform in all material respects the services to be performed by it under this Agreement, Employer shall not obtain plan administration from anyone other than ICMA-RC. Employer acknowledges that ICMA-ICMA- RC has agreed to the compensation to be paid to ICMA-RC under this Agreement in the expectation that ICMA-RC will be able to offset costs allocable to performing this Agreement with revenues arising from Employer's exclusive use of ICMA-RC at the rates provided herein throughout the initial or succeeding term.
Appears in 1 contract
Samples: Administrative Services Agreement
Exclusivity Agreement. Employer agrees that for the initial or succeeding term of this Agreement specified in Section 1110, so long as ICMA-RC continues to perform in all material respects the services to be performed by it under this Agreement, Employer shall not obtain plan Plan administration from anyone other than ICMA-RC. Employer acknowledges that ICMA-ICMA- RC has agreed to the compensation to be paid to ICMA-RC under this Agreement in the expectation that ICMA-RC will be able to offset costs allocable to performing this Agreement with revenues arising from Employer's exclusive use of ICMA-RC at the rates provided herein throughout the initial or succeeding term.
Appears in 1 contract
Samples: Administrative Services Agreement
Exclusivity Agreement. Employer agrees that for the initial or succeeding term of this Agreement specified in Section 1110, so long as ICMA-RC continues to perform in all material respects the services to be performed by it under this Agreement, Employer shall not obtain plan administration from anyone other than ICMA-RCRC for the Plans covered by this Agreement. Employer acknowledges that ICMA-RC has agreed to the compensation to be paid to ICMA-RC under this Agreement in the expectation that ICMA-RC will be able to offset costs allocable to performing this Agreement with revenues arising from Employer's exclusive use of ICMA-RC at the rates provided herein throughout the initial or succeeding term.
Appears in 1 contract
Samples: Administrative Services Agreement
Exclusivity Agreement. Employer agrees that for the initial or succeeding term of this Agreement specified in Section 1110, so long as ICMA-RC continues to perform is not in all material respects the services to be performed by it under breach of this Agreement, Employer shall not obtain plan administration from anyone other than ICMA-RC. Employer acknowledges that ICMA-RC has agreed to the compensation to be paid to ICMA-RC under this Agreement in the expectation that ICMA-RC will be able to offset costs allocable to performing this Agreement with revenues arising from Employer's exclusive use of ICMA-RC at the rates provided herein throughout the initial or succeeding term.
Appears in 1 contract
Samples: Administrative Services Agreement