Common use of Payments and Adjustments Clause in Contracts

Payments and Adjustments. a. The Contractholder and the Producer have agreed that the amount of the Fee initially shall be 0.50% of the monthly Premium amount per month. b. The Contractholder will notify Blue Shield of any change to the Fee or the manner in which it is to be paid in writing. For purposes of Blue Shield’s duties and responsibilities under this Arrangement, any such change will be effective the first day of the month following Blue Shield’s receipt of such written notice of the change. c. The Contractholder will notify Blue Shield of a producer of record change in writing. For purposes of Blue Shield’s duties and responsibilities under this Arrangement, any such change will be effective the first day of the month following Blue Shield’s receipt of such written notice of the change. Following the change, Blue Shield will remit the Fee to the new producer. d. The parties acknowledge that any payment received by Blue Shield from the Contractholder will be applied first to Premiums due to Blue Shield, and any amount in addition to such Premiums to payment of the Fee. The Contractholder’s failure to pay the Fee through Blue Shield will not subject the Contractholder to termination of any Blue Shield coverages for non-payment of Premium. e. The Contractholder acknowledges and agrees that Blue Shield may deposit the Fee into a general account that may collect interest. Blue Shield may retain any interest or investment income on funds held in the account. f. The Contractholder acknowledges and agrees that its Blue Shield coverages may, if otherwise eligible, be taken into account in the calculation of any bonus program offered by Blue Shield to the Producer.

Payments and Adjustments. a. The Contractholder and the Producer have agreed that the amount of the Fee initially shall be 0.505.26% of the monthly Premium amount per month. b. The Contractholder will notify Blue Shield of any change to the Fee or the manner in which it is to be paid in writing. For purposes of Blue Shield’s duties and responsibilities under this Arrangement, any such change will be effective the first day of the month following Blue Shield’s receipt of such written notice of the change. c. The Contractholder will notify Blue Shield of a producer of record change in writing. For purposes of Blue Shield’s duties and responsibilities under this Arrangement, any such change will be effective the first day of the month following Blue Shield’s receipt of such written notice of the change. Following the change, Blue Shield will remit the Fee to the new producer. d. The parties acknowledge that any payment received by Blue Shield from the Contractholder will be applied first to Premiums due to Blue Shield, and any amount in addition to such Premiums to payment of the Fee. The Contractholder’s failure to pay the Fee through Blue Shield will not subject the Contractholder to termination of any Blue Shield coverages for non-payment of Premium. e. The Contractholder acknowledges and agrees that Blue Shield may deposit the Fee into a general account that may collect interest. Blue Shield may retain any interest or investment income on funds held in the account. f. The Contractholder acknowledges and agrees that its Blue Shield coverages may, if otherwise eligible, be taken into account in the calculation of any bonus program offered by Blue Shield to the Producer.

Payments and Adjustments. a. The Contractholder and the Producer have agreed that the amount of the Fee initially shall be 0.504.17% of the monthly Premium amount per month. b. The Contractholder will notify Blue Shield of any change to the Fee or the manner in which it is to be paid in writing. For purposes of Blue Shield’s duties and responsibilities under this Arrangement, any such change will be effective the first day of the month following Blue Shield’s receipt of such written notice of the change. c. The Contractholder will notify Blue Shield of a producer of record change in writing. For purposes of Blue Shield’s duties and responsibilities under this Arrangement, any such change will be effective the first day of the month following Blue Shield’s receipt of such written notice of the change. Following the change, Blue Shield will remit the Fee to the new producer. d. The parties acknowledge that any payment received by Blue Shield from the Contractholder will be applied first to Premiums due to Blue Shield, and any amount in addition to such Premiums to payment of the Fee. The Contractholder’s failure to pay the Fee through Blue Shield will not subject the Contractholder to termination of any Blue Shield coverages for non-payment of Premium. e. The Contractholder acknowledges and agrees that Blue Shield may deposit the Fee into a general account that may collect interest. Blue Shield may retain any interest or investment income on funds held in the account. f. The Contractholder acknowledges and agrees that its Blue Shield coverages may, if otherwise eligible, be taken into account in the calculation of any bonus program offered by Blue Shield to the Producer.

Payments and Adjustments. a. The Contractholder and the Producer have agreed that the amount of the Fee initially shall be 0.501.11% of the monthly Premium amount per month. b. The Contractholder will notify Blue Shield of any change to the Fee or the manner in which it is to be paid in writing. For purposes of Blue Shield’s duties and responsibilities under this Arrangement, any such change will be effective the first day of the month following Blue Shield’s receipt of such written notice of the change. c. The Contractholder will notify Blue Shield of a producer of record change in writing. For purposes of Blue Shield’s duties and responsibilities under this Arrangement, any such change will be effective the first day of the month following Blue Shield’s receipt of such written notice of the change. Following the change, Blue Shield will remit the Fee to the new producer. d. The parties acknowledge that any payment received by Blue Shield from the Contractholder will be applied first to Premiums due to Blue Shield, and any amount in addition to such Premiums to payment of the Fee. The Contractholder’s failure to pay the Fee through Blue Shield will not subject the Contractholder to termination of any Blue Shield coverages for non-payment of Premium. e. The Contractholder acknowledges and agrees that Blue Shield may deposit the Fee into a general account that may collect interest. Blue Shield may retain any interest or investment income on funds held in the account. f. The Contractholder acknowledges and agrees that its Blue Shield coverages may, if otherwise eligible, be taken into account in the calculation of any bonus program offered by Blue Shield to the Producer.

Payments and Adjustments. a. The Contractholder and the Producer have agreed that the amount of the Fee initially shall be 0.500.47% of the monthly Premium amount per month. b. The Contractholder will notify Blue Shield of any change to the Fee or the manner in which it is to be paid in writing. For purposes of Blue Shield’s duties and responsibilities under this Arrangement, any such change will be effective the first day of the month following Blue Shield’s receipt of such written notice of the change. c. The Contractholder will notify Blue Shield of a producer of record change in writing. For purposes of Blue Shield’s duties and responsibilities under this Arrangement, any such change will be effective the first day of the month following Blue Shield’s receipt of such written notice of the change. Following the change, Blue Shield will remit the Fee to the new producer. d. The parties acknowledge that any payment received by Blue Shield from the Contractholder will be applied first to Premiums due to Blue Shield, and any amount in addition to such Premiums to payment of the Fee. The Contractholder’s failure to pay the Fee through Blue Shield will not subject the Contractholder to termination of any Blue Shield coverages for non-payment of Premium. e. The Contractholder acknowledges and agrees that Blue Shield may deposit the Fee into a general account that may collect interest. Blue Shield may retain any interest or investment income on funds held in the account. f. The Contractholder acknowledges and agrees that its Blue Shield coverages may, if otherwise eligible, be taken into account in the calculation of any bonus program offered by Blue Shield to the Producer.

Payments and Adjustments. a. The Contractholder and the Producer have agreed that the amount of the Fee initially shall be 0.50% of the monthly Premium amount $1.68 per Member per month. b. The Contractholder will notify Blue Shield of any change to the Fee or the manner in which it is to be paid in writing. For purposes of Blue Shield’s duties and responsibilities under this Arrangement, any such change will be effective the first day of the month following Blue Shield’s receipt of such written notice of the change. c. The Contractholder will notify Blue Shield of a producer of record change in writing. For purposes of Blue Shield’s duties and responsibilities under this Arrangement, any such change will be effective the first day of the month following Blue Shield’s receipt of such written notice of the change. Following the change, Blue Shield will remit the Fee to the new producer. d. The parties acknowledge that any payment received by Blue Shield from the Contractholder will be applied first to Premiums due to Blue Shield, and any amount in addition to such Premiums to payment of the Fee. The Contractholder’s failure to pay the Fee through Blue Shield will not subject the Contractholder to termination of any Blue Shield coverages for non-payment of Premium. e. The Contractholder acknowledges and agrees that Blue Shield may deposit the Fee into a general account that may collect interest. Blue Shield may retain any interest or investment income on funds held in the account. f. The Contractholder acknowledges and agrees that its Blue Shield coverages may, if otherwise eligible, be taken into account in the calculation of any bonus program offered by Blue Shield to the Producer.