Common use of IRS and Other Regulatory Filings Clause in Contracts

IRS and Other Regulatory Filings. The Plan Sponsor shall be solely responsible for submitting all required IRS forms and other regulatory filings. The Company, however, shall provide the Plan Sponsor with information in its possession reasonably necessary for the Plan Sponsor to submit said forms upon request of the Plan Sponsor. Plan Sponsor understands that they may be required to file a Form 5500 with the U.S. Department of Labor for the Plan as a welfare plan. (1) The Company shall provide the Plan Sponsor with applicable Schedules A or C and other information in its possession reasonably necessary for the Plan Sponsor to submit said 5500 Forms upon request of the Plan Sponsor. In the event the Company fails to provide the Plan Sponsor with the requisite information before the filing deadline, Plan Sponsor is not relieved of its responsibility to timely submit said 5500 Forms. Instead, Plan Sponsor should submit the 5500 forms and indicate that it has not yet received all pertinent information. The Company's failure to provide the Plan Sponsor with the information necessary to submit the 5500 Forms shall not be a material breach of this Agreement, and the Plan Sponsor's sole remedy for such failure shall be the termination of this Agreement. (2) If Plan Sponsor is required to satisfy applicable reporting requirements under the ACA using Forms 1094-B and 1095-B, the Company will assist Plan Sponsor with preparing and distributing Forms 1095-B to current and former Members. However, Plan Sponsor remains solely responsible for preparation of any Form 1094-B and for filing Forms 1094-B and 1095-B with the IRS. The Company will not prepare, file, or distribute Forms 1094-C and 1095-C on behalf of Plan Sponsor. The Company shall provide the Plan Sponsor with applicable information in its possession reasonably necessary for the Plan Sponsor to submit 1095 Forms upon request of the Plan Sponsor. In the event the Company fails to provide the Plan Sponsor with the requisite information before the filing deadline, Plan Sponsor is not relieved of its responsibility to timely submit said 1095 Forms. Instead, Plan Sponsor should submit the 1095 Forms and indicate that it has not yet received all pertinent information. The Company's failure to provide the Plan Sponsor with the information necessary to submit the 1095 Forms shall not be a material breach of this Agreement, and the Plan Sponsor's sole remedy for such failure shall be the termination of this Agreement. (3) Plan Sponsor shall be solely responsible for calculation and payment of any Patient-Centered Outcomes Research Institute fees (“PCOR fees”) imposed on Plan Sponsor under Section 4376 of the Internal Revenue Code. The Company, however, shall provide the Plan Sponsor with information in its possession reasonably necessary for Plan Sponsor to calculate the PCOR fees, including information necessary for Plan Sponsor to determine the average number of lives covered under the Plan during the applicable plan year being reported.

IRS and Other Regulatory Filings. The Plan Sponsor shall be solely responsible for submitting the submission of all required IRS forms and other regulatory filings. The Company, however, shall provide the Plan Sponsor with information in its possession reasonably necessary for the Plan Sponsor to submit said forms upon request of the Plan Sponsor. Plan Sponsor understands that they may be required to file a Form 5500 with the U.S. Department of Labor for the Plan as a welfare plan. (1) The Company shall provide the Plan Sponsor with applicable Schedules A or C and such other information in its possession reasonably necessary for the Plan Sponsor to submit said 5500 Forms upon request of the Plan Sponsor. In the event the Company fails to provide the Plan Sponsor with the requisite information before prior to the filing deadline, Plan Sponsor is not relieved of its responsibility to timely submit said 5500 Forms. InsteadRather, Plan Sponsor should submit the 5500 forms and indicate therein that it has not yet received all pertinent information. The Company's ’s failure to provide the Plan Sponsor with the information necessary to submit the 5500 Forms shall not be a material breach of this Agreement, and the Plan Sponsor's ’s sole remedy for such failure shall be the termination of this Agreement. (2) If Plan Sponsor is required to satisfy applicable reporting requirements under the ACA using Forms 1094-B and 1095-B, the Company will assist Plan Sponsor with preparing and distributing Forms 1095-B to current and former Members. However, Plan Sponsor remains solely responsible for preparation of any Form 1094-B and for filing Forms 1094-B and 1095-B with the IRS. The Company will not prepare, file, or distribute Forms 1094-C and 1095-C on behalf of Plan Sponsor. The Company shall provide the Plan Sponsor with applicable information in its possession reasonably necessary for the Plan Sponsor to submit 1095 Forms upon request of the Plan Sponsor. In the event the Company fails to provide the Plan Sponsor with the requisite information before prior to the filing deadline, Plan Sponsor is not relieved of its responsibility to timely submit said 1095 Forms. InsteadRather, Plan Sponsor should submit the 1095 Forms forms and indicate therein that it has not yet received all pertinent information. The Company's ’s failure to provide the Plan Sponsor with the information necessary to submit the 1095 1095. Forms shall not be a material breach of this Agreement, and the Plan Sponsor's ’s sole remedy for such failure shall be the termination of this Agreement. (3) Plan Sponsor shall be solely responsible for calculation and payment of any Patient-Centered Outcomes Research Institute fees (“PCOR fees”) imposed on Plan Sponsor under Section 4376 of the Internal Revenue Code. The Company, however, shall provide the Plan Sponsor with information in its possession reasonably necessary for Plan Sponsor to calculate the PCOR fees, including information necessary for Plan Sponsor to determine the average number of lives covered under the Plan during the applicable plan year being reported.

IRS and Other Regulatory Filings. The Plan Sponsor shall be solely responsible for submitting all required IRS forms and other regulatory filings. The Company, however, shall provide the Plan Sponsor with information in its possession reasonably necessary for the Plan Sponsor to submit said forms upon request of the Plan Sponsor. Plan Sponsor understands that they may be required to file a Form 5500 with the U.S. Department of Labor for the Plan as a welfare plan. (1) The Company shall provide the Plan Sponsor with applicable Schedules A or C and other information in its possession reasonably necessary for the Plan Sponsor to submit said 5500 Forms upon request of the Plan Sponsor. In the event the Company fails to provide the Plan Sponsor with the requisite information before the filing deadline, Plan Sponsor is not relieved of its responsibility to timely submit said 5500 Forms. Instead, Plan Sponsor should submit the 5500 forms and indicate that it has not yet received all pertinent information. The Company's failure to provide the Plan Sponsor with the information necessary to submit the 5500 Forms shall not be a material breach of this Agreement, and the Plan Sponsor's sole remedy for such failure shall be the termination of this Agreement. (2) If Plan Sponsor is required to satisfy applicable reporting requirements under the ACA using Forms 1094-B and 1095-B, the Company will assist Plan Sponsor with preparing and distributing Forms 1095-B to current and former Members. However, Plan Sponsor remains solely responsible for preparation of any Form 1094-B and for filing Forms 1094-B and 1095-B with the IRS. The Company will not prepare, file, or distribute Forms 1094-C and 1095-C on behalf of Plan Sponsor. The Company shall provide the Plan Sponsor with applicable information in its possession reasonably necessary for the Plan Sponsor to submit 1095 Forms upon request of the Plan Sponsor. In the event the Company fails to provide the Plan Sponsor with the requisite information before the filing deadline, Plan Sponsor is not relieved of its responsibility to timely submit said 1095 Forms. Instead, Plan Sponsor should submit the 1095 Forms and indicate that it has not yet received all pertinent information. The Company's failure to provide the Plan Sponsor with the information necessary to submit the 1095 Forms shall not be a material breach of this Agreement, and the Plan Sponsor's sole remedy for such failure shall be the termination of this Agreement. (32) Plan Sponsor shall be solely responsible for calculation and payment of any Patient-Centered Outcomes Research Institute fees (“PCOR fees”) imposed on Plan Sponsor under Section 4376 of the Internal Revenue Code. The Company, however, shall provide the Plan Sponsor with information in its possession reasonably necessary for Plan Sponsor to calculate the PCOR fees, including information necessary for Plan Sponsor to determine the average number of lives covered under the Plan during the applicable plan year being reported.

IRS and Other Regulatory Filings. The Plan Sponsor shall be solely responsible for submitting all required IRS forms and other regulatory filings. The Company, however, shall provide the Plan Sponsor with information in its possession reasonably necessary for the Plan Sponsor to submit said forms upon request of the Plan Sponsor. Plan Sponsor understands that they may be required to file a Form 5500 with the U.S. Department of Labor for the Plan as a welfare planwelfareplan. (1) The Company shall provide the Plan Sponsor with applicable Schedules A or C and other information in its possession reasonably necessary for the Plan Sponsor to submit said 5500 Forms upon request of the Plan Sponsor. In the event the Company fails to provide the Plan Sponsor with the requisite information before the filing deadline, Plan Sponsor is not relieved of its responsibility to timely submit said 5500 Forms. Instead, Plan Sponsor should submit the 5500 forms and indicate that it has not yet received all pertinent information. The Company's failure to provide the Plan Sponsor with the information necessary to submit the 5500 Forms shall not be a material breach of this Agreement, and the Plan Sponsor's sole remedy for such failure shall be the termination of this Agreement. (2) If Plan Sponsor is required to satisfy applicable reporting requirements under the ACA using Forms 1094-B and 1095-B, the Company will assist Plan Sponsor with preparing and distributing Forms 1095-B to current and former Members. However, Plan Sponsor remains solely responsible for preparation of any Form 1094-B and for filing Forms 1094-B and 1095-B with the IRS. The Company will not prepare, file, or distribute Forms 1094-C and 1095-C on behalf of Plan Sponsor. The Company shall provide the Plan Sponsor with applicable information in its possession reasonably necessary for the Plan Sponsor to submit 1095 Forms upon request of the Plan Sponsor. In the event the Company fails to provide the Plan Sponsor with the requisite information before the filing deadline, Plan Sponsor is not relieved of its responsibility to timely submit said 1095 Forms. Instead, Plan Sponsor should submit the 1095 Forms and indicate that it has not yet received all pertinent information. The Company's failure to provide the Plan Sponsor with the information necessary to submit the 1095 Forms shall not be a material breach of this Agreement, and the Plan Sponsor's sole remedy for such failure shall be the termination of this Agreement. (3) Plan Sponsor shall be solely responsible for calculation and payment of any Patient-Centered Outcomes Research Institute fees (“PCOR fees”) imposed on Plan Sponsor under Section 4376 of the Internal Revenue Code. The Company, however, shall provide the Plan Sponsor with information in its possession reasonably necessary for Plan Sponsor to calculate the PCOR fees, including information necessary for Plan Sponsor to determine the average number of lives covered under the Plan during the applicable plan year being reported.

IRS and Other Regulatory Filings. The Plan Sponsor shall be solely responsible for submitting the submission of all required IRS forms and other regulatory filings. The Company, however, shall provide the Plan Sponsor with information in its possession reasonably necessary for the Plan Sponsor to submit said forms upon request of the Plan Sponsor. Plan Sponsor understands that they may be required to file a Form 5500 with the U.S. US Department of Labor for the this Plan as a funded welfare plan. (1) The Company shall provide the Plan Sponsor with applicable Schedules A or C and such other information in its possession reasonably necessary for the Plan Sponsor to submit said 5500 Forms upon request of the Plan Sponsor. In the event the Company fails to provide the Plan Sponsor with the requisite information before prior to the filing deadline, Plan Sponsor is not relieved of its responsibility to timely submit said 5500 Forms. InsteadRather, Plan Sponsor should submit the 5500 forms and indicate therein that it has not yet received all pertinent information. The Company's ’s failure to provide the Plan Sponsor with the information necessary to submit the 5500 Forms shall not be a material breach of this Agreement, and the Plan Sponsor's ’s sole remedy for such failure shall be the termination of this Agreement. (2) If Plan Sponsor is required to satisfy applicable reporting requirements under the ACA using Forms 1094-B and 1095-B, the Company will assist Plan Sponsor with preparing and distributing Forms 1095-B to current and former Members. However, Plan Sponsor remains solely responsible for preparation of any Form 1094-B and for filing Forms 1094-B and 1095-B with the IRS. The Company will not prepare, file, or distribute Forms 1094-C and 1095-C on behalf of Plan Sponsor. The Company shall provide the Plan Sponsor with applicable information in its possession reasonably necessary for the Plan Sponsor to submit 1095 Forms upon request of the Plan Sponsor. In the event the Company fails to provide the Plan Sponsor with the requisite information before prior to the filing deadline, Plan Sponsor is not relieved of its responsibility to timely submit said 1095 Forms. InsteadRather, Plan Sponsor should submit the 1095 Forms forms and indicate therein that it has not yet received all pertinent information. The Company's ’s failure to provide the Plan Sponsor with the information necessary to submit the 1095 1095. Forms shall not be a material breach of this Agreement, and the Plan Sponsor's ’s sole remedy for such failure shall be the termination of this Agreement. (3) Plan Sponsor shall be solely responsible for calculation and payment of any Patient-Centered Outcomes Research Institute fees (“PCOR fees”) imposed on Plan Sponsor under Section 4376 of the Internal Revenue Code. The Company, however, shall provide the Plan Sponsor with information in its possession reasonably necessary for Plan Sponsor to calculate the PCOR fees, including information necessary for Plan Sponsor to determine the average number of lives covered under the Plan during the applicable plan year being reported.